OWEN

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the OWEN (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 57450District 04Field 67885400CondensateGasSaveExport
Value, all time
$458 k
Jan 1993 – Jul 2013
Value, last 12 filed months
$609
at the published price for each month
Months reported
247
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 811 leases and 811 wells, and the rule below applies to all of them.

Discovered
1971-11-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-03-24.

The Commission's schedule remark for this field reads: LATERALS. EFFECTIVE 3/24/15;

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition20 bbl$1,733
GasProduction86,340 Mcf$455,873
Total$457,606

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 27.9929, -99.5254. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.99290, -99.52541 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,586 ft
1 wells filed one
Completion to plug
39.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 7,586 ft.

Completions filed
Jan 1974
1 of 1 wells
Plug dates filed
Jul 2013
1 of 1 wells

Last completion to plug: a median of 39.5 years across the 1 well that filed both dates, with the middle half between 39.5 years and 39.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793056127,586 ftJan 1974Jul 2013Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (247)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

247 months

Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20127086.953.62$609
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011065598.134.40$2,885
Apr 20110755105.964.33$3,272
Mar 2011078996.364.06$3,201
Feb 2011069785.644.18$2,913
Jan 20111337586.504.59$2,845
Dec 2010038285.734.35$1,661
Nov 2010040780.843.80$1,545
Oct 2010042078.103.51$1,474
Sep 2010039572.633.98$1,572
Aug 2010040873.684.42$1,803
Jul 2010041872.554.74$1,980
Jun 2010041070.364.91$2,013
May 2010042671.124.24$1,804
Apr 2010039881.694.12$1,641
Mar 2010040978.394.39$1,795
Feb 2010037273.585.44$2,025
Jan 2010041974.365.96$2,499
Dec 2009039471.445.48$2,161
Nov 2009043074.593.75$1,613
Oct 2009042372.544.11$1,739
Sep 2009040265.543.06$1,232
Aug 2009043267.423.22$1,390
Jul 2009041561.133.46$1,438
Jun 2009039866.163.90$1,550
May 20090054.743.93$0
Apr 2009043046.773.59$1,543
Mar 2009045142.144.06$1,831
Feb 2009040832.814.63$1,890
Jan 2009047835.865.37$2,567
Dec 2008042737.105.98$2,552
Nov 2008048955.496.86$3,355
Oct 2008045775.246.92$3,163
Sep 20080451101.767.88$3,553
Aug 20080421114.228.48$3,571
Jul 20080433131.0811.39$4,932
Jun 20080455131.3313.03$5,930
May 20080482123.1711.57$5,579
Apr 20080465110.3110.45$4,862
Mar 20080448101.909.66$4,330
Feb 2008044292.538.77$3,877
Jan 2008053690.388.21$4,398
Dec 2007055988.337.30$4,082
Nov 2007054591.677.29$3,974
Oct 2007058382.856.92$4,036
Sep 2007058275.846.24$3,634
Aug 2007063569.066.39$4,056
Jul 2007044470.906.39$2,836
Jun 2007045662.007.55$3,442
May 2007047558.747.85$3,727
Apr 2007045659.617.81$3,559
Mar 2007045556.927.30$3,322
Feb 2007042655.108.22$3,500
Jan 2007046150.306.73$3,101
Dec 2006046956.656.92$3,245
Nov 2006047854.207.62$3,641
Oct 2006050754.906.01$3,049
Sep 2006047360.085.04$2,383
Aug 2006054068.717.34$3,964
Jul 2006052269.376.34$3,311
Jun 2006051466.286.38$3,281
May 2006053766.016.42$3,450
Apr 2006050264.397.36$3,695
Mar 2006051956.707.08$3,676
Feb 2006047157.597.75$3,651
Jan 2006052760.598.93$4,708
Dec 2005072654.9413.42$9,740
Nov 200501,01154.6910.59$10,705
Oct 2005019058.3413.80$2,621
Sep 2005025561.4512.08$3,080
Aug 2005058961.519.80$5,770
Jul 2005059255.697.84$4,643
Jun 2005051752.337.38$3,816
May 2005050745.226.65$3,372
Apr 2005047149.207.36$3,467
Mar 2005044950.377.15$3,213
Feb 2005039945.226.31$2,518
Jan 2005047943.166.32$3,028
Dec 2004037939.866.75$2,559
Nov 2004021445.286.33$1,355
Oct 20040049.706.52$0
Sep 200403643.245.28$190
Aug 20040742.375.55$39
Jul 2004039838.286.08$2,422
Jun 2004059036.106.43$3,795
May 2004061237.486.49$3,975
Apr 2004056534.475.86$3,310
Mar 2004056534.365.53$3,125
Feb 2004054532.455.51$3,003
Jan 2004059632.036.30$3,755
Dec 2003060130.266.30$3,787
Nov 2003058528.804.60$2,688
Oct 2003059728.174.76$2,842
Sep 2003060426.314.75$2,869
Aug 2003064329.765.13$3,298
Jul 2003065029.415.17$3,361
Jun 2003061328.565.98$3,668
May 2003061126.595.97$3,649
Apr 2003063726.675.41$3,444
Mar 2003067531.146.10$4,115
Feb 2003058333.487.93$4,621
Jan 2003065030.315.58$3,628
Dec 2002068226.914.85$3,310
Nov 2002068124.664.14$2,817
Oct 2002069726.464.23$2,948
Sep 2002068427.443.64$2,486
Aug 2002067725.963.16$2,142
Jul 2002032524.583.06$995
Jun 20020023.733.34$0
May 2002039124.663.58$1,401
Apr 2002073623.653.51$2,585
Mar 2002074722.003.10$2,318
Feb 2002067218.222.38$1,596
Jan 2002074517.172.38$1,770
Dec 2001073316.932.36$1,733
Nov 2001072318.072.41$1,739
Oct 2001080819.782.53$2,043
Sep 2001065924.262.25$1,484
Aug 2001080624.873.05$2,461
Jul 2001082823.933.20$2,647
Jun 2001072424.563.82$2,769
May 2001086125.524.31$3,709
Apr 2001084524.685.34$4,508
Mar 2001090124.545.38$4,844
Feb 2001082227.755.77$4,741
Jan 2001089227.478.40$7,492
Dec 2000085226.889.12$7,772
Nov 2000086332.215.66$4,883
Oct 2000092631.235.15$4,765
Sep 2000094731.875.19$4,912
Aug 200001,02729.644.54$4,663
Jul 200001,12428.534.09$4,597
Jun 200001,11429.304.40$4,899
May 200001,19027.263.68$4,379
Apr 200001,13224.513.12$3,527
Mar 200001,19728.422.86$3,423
Feb 200001,09827.622.73$2,994
Jan 200001,44825.272.48$3,592
Dec 199901,57624.282.42$3,820
Nov 199901,75223.192.43$4,264
Oct 199902,30020.982.80$6,449
Sep 199902,57621.752.62$6,746
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Nov 2012 — as filed, then multipliedworked
Condensate             7 bbl  × $ 86.95 =       $609
Gas                    0 Mcf  × $  3.62 =         $0

────────────────────────────────────────────────────
Month total                                     $609

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/57450 is the state's own key, not one this site invented.