OWENS,A.E.

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 58888District 04Field 67885400CondensateGasSaveExport
Value, all time
$144 k
Jan 1993 – Mar 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
255
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
CondensateDisposition47 bbl$4,078
GasProduction37,710 Mcf$139,580
Total$143,659

8,104 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 28.0400, -99.4866. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04002, -99.48661 · 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
7,499 ft
1 wells filed one
Completion to plug
39.8 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 7,499 ft.

Completions filed
Jun 1974
1 of 1 wells
Plug dates filed
Mar 2014
1 of 1 wells

Last completion to plug: a median of 39.8 years across the 1 well that filed both dates, with the middle half between 39.8 years and 39.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793068914267,499 ftJun 1974Mar 2014Yes

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 (255)

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

255 months

Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
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 201247086.773.42$4,078
Nov 20120086.953.62$0
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 2011014684.983.65$533
Sep 201107083.623.99$279
Aug 20110083.404.15$0
Jul 2011014594.144.52$655
Jun 2011018192.904.64$840
May 2011016998.134.40$744
Apr 20110172105.964.33$745
Mar 2011017396.364.06$702
Feb 2011017085.644.18$711
Jan 2011017186.504.59$785
Dec 2010014085.734.35$609
Nov 2010014180.843.80$535
Oct 2010012778.103.51$446
Sep 2010012172.633.98$482
Aug 2010012873.684.42$566
Jul 201009172.554.74$431
Jun 201008470.364.91$412
May 201008571.124.24$360
Apr 201007981.694.12$326
Mar 201009078.394.39$395
Feb 201007273.585.44$392
Jan 201009374.365.96$555
Dec 200908371.445.48$455
Nov 200907674.593.75$285
Oct 200908672.544.11$353
Sep 200908265.543.06$251
Aug 200908967.423.22$286
Jul 200908161.133.46$281
Jun 200907666.163.90$296
May 200908354.743.93$326
Apr 200907946.773.59$283
Mar 200907742.144.06$313
Feb 200907132.814.63$329
Jan 200908135.865.37$435
Dec 200809237.105.98$550
Nov 200808855.496.86$604
Oct 200809275.246.92$637
Sep 2008090101.767.88$709
Aug 2008091114.228.48$772
Jul 20080106131.0811.39$1,207
Jun 2008091131.3313.03$1,186
May 200800123.1711.57$0
Apr 2008016110.3110.45$167
Mar 2008085101.909.66$821
Feb 200808992.538.77$781
Jan 200806090.388.21$492
Dec 200707588.337.30$548
Nov 200708491.677.29$613
Oct 200709882.856.92$678
Sep 2007010075.846.24$624
Aug 200709269.066.39$588
Jul 2007010270.906.39$652
Jun 200709262.007.55$694
May 2007011858.747.85$926
Apr 2007010859.617.81$843
Mar 2007010756.927.30$781
Feb 2007010255.108.22$838
Jan 200709050.306.73$605
Dec 2006011256.656.92$775
Nov 2006010354.207.62$785
Oct 200609154.906.01$547
Sep 2006014260.085.04$715
Aug 2006014968.717.34$1,094
Jul 2006013769.376.34$869
Jun 2006012066.286.38$766
May 2006013266.016.42$848
Apr 2006012564.397.36$920
Mar 2006010456.707.08$737
Feb 200603257.597.75$248
Jan 2006013560.598.93$1,206
Dec 2005014654.9413.42$1,959
Nov 2005013854.6910.59$1,461
Oct 200509858.3413.80$1,352
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 2005014855.697.84$1,161
Jun 2005015452.337.38$1,137
May 20050045.226.65$0
Apr 200504749.207.36$346
Mar 20050050.377.15$0
Feb 2005011345.226.31$713
Jan 200503743.166.32$234
Dec 20040339.866.75$20
Nov 2004068945.286.33$4,362
Oct 2004083149.706.52$5,414
Sep 2004026643.245.28$1,406
Aug 2004025642.375.55$1,421
Jul 2004023638.286.08$1,436
Jun 2004025036.106.43$1,608
May 2004027737.486.49$1,799
Apr 2004023234.475.86$1,359
Mar 2004025834.365.53$1,427
Feb 2004028632.455.51$1,576
Jan 2004033232.036.30$2,091
Dec 2003029630.266.30$1,865
Nov 2003025928.804.60$1,190
Oct 2003023728.174.76$1,128
Sep 2003027926.314.75$1,325
Aug 2003024929.765.13$1,277
Jul 2003023929.415.17$1,236
Jun 2003022528.565.98$1,346
May 2003021026.595.97$1,254
Apr 2003021326.675.41$1,152
Mar 2003023531.146.10$1,433
Feb 2003021333.487.93$1,688
Jan 2003020930.315.58$1,167
Dec 2002020426.914.85$990
Nov 2002025724.664.14$1,063
Oct 2002022226.464.23$939
Sep 2002022227.443.64$807
Aug 2002021125.963.16$668
Jul 2002022324.583.06$683
Jun 2002023823.733.34$795
May 2002022624.663.58$810
Apr 2002024323.653.51$853
Mar 2002025322.003.10$785
Feb 2002021718.222.38$516
Jan 2002027517.172.38$653
Dec 2001012716.932.36$300
Nov 2001017218.072.41$414
Oct 2001017519.782.53$443
Sep 2001018224.262.25$410
Aug 2001024124.873.05$736
Jul 2001025323.933.20$809
Jun 2001021724.563.82$830
May 2001021625.524.31$930
Apr 2001021524.685.34$1,147
Mar 2001024124.545.38$1,296
Feb 2001030227.755.77$1,742
Jan 2001026927.478.40$2,259
Dec 2000025926.889.12$2,363
Nov 2000030232.215.66$1,709
Oct 2000029231.235.15$1,502
Sep 2000028531.875.19$1,478
Aug 2000034729.644.54$1,576
Jul 2000032228.534.09$1,317
Jun 2000028829.304.40$1,266
May 2000026327.263.68$968
Apr 2000029124.513.12$907
Mar 2000023228.422.86$663
Feb 2000026727.622.73$728
Jan 2000028525.272.48$707
Dec 199905124.282.42$124
Nov 199908223.192.43$200
Oct 1999016420.982.80$460
Sep 1999019621.752.62$513
Aug 1999024819.262.88$713
Jul 1999019117.892.37$453
Jun 1999014615.942.36$345
May 19990015.792.32$0
Apr 1999026415.102.21$583
Mar 1999019112.471.84$351
Feb 199901759.981.82$318
Jan 1999022910.381.90$435
Dec 199802889.201.77$511
Nov 1998018510.892.19$404
Oct 1998028212.421.97$555
Sep 1998028612.592.08$596
Aug 1998023111.301.91$441
Jul 1998023611.742.24$528
Jun 1998024311.242.24$544
May 1998021912.622.21$483
Apr 1998024413.042.51$611
Mar 1998021112.802.31$487
Feb 1998018913.952.30$435
Jan 1998019914.702.15$429
Dec 1997018516.322.41$446
Nov 1997038018.193.09$1,174
Oct 199705919.253.15$186
Sep 199707217.742.95$213
Aug 1997010417.862.55$266
Jul 1997010717.582.25$240
Jun 199702917.242.26$65
May 199702118.972.31$48
Apr 19970717.882.08$15
Mar 199706418.951.94$124
Feb 1997022320.492.21$492
Jan 199704823.483.54$170
Dec 19960023.32$0
Nov 1996016621.97$0
Oct 1996017223.31$0
Sep 1996026522.22$0
Aug 1996025920.26$0
Jul 1996016819.55$0
Jun 1996017018.73$0
May 1996018219.43$0
Apr 1996025321.51$0
Mar 1996021819.38$0
Feb 1996022916.98$0
Jan 1996027617.07$0
Dec 1995028617.19$0
Nov 1995026016.00$0
Oct 1995014915.43$0
Sep 199504516.18$0
Aug 199504615.92$0
Jul 199504615.24$0
Jun 199504616.41$0
May 199505617.56$0
Apr 199505317.73$0
Mar 199504316.44$0
Feb 199504516.58$0
Jan 199509015.92$0
Dec 199404515.03$0
Nov 199403715.90$0
Oct 1994010715.58$0
Sep 1994036315.29$0
Aug 199404516.13$0
Jul 1994034317.56$0
Jun 1994032917.09$0
May 1994029715.88$0
Apr 1994027114.14$0
Mar 1994015912.46$0
Feb 1994012012.50$0
Jan 1994012612.66$0
Dec 1993022112.33$0
Nov 1993013214.49$0
Oct 1993021015.85$0
Sep 1993024115.03$0
Aug 1993024715.66$0
Jul 1993014015.46$0
Jun 199308616.79$0
May 1993010617.68$0
Apr 1993029418.05$0
Mar 1993029418.14$0
Feb 1993018417.90$0
Jan 1993018416.93$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.

Dec 2012 — as filed, then multipliedworked
Condensate            47 bbl  × $ 86.77 =     $4,078
Gas                    0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $4,078

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/58888 is the state's own key, not one this site invented.