OSBORN

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) in the LOPER (BOSSIER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 194644District 05Field 548760502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Mar 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
279
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 66 leases and 66 wells, and the rule below applies to all of them.

Discovered
1996-09-02
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 09/01/97.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112003-09-02152835
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition206 bbl$11,829
GasProduction247,340 Mcf$1,440,505
Total$1,452,334

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 31.8560, -96.2135. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.85603, -96.21351 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,005 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

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

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 12,005 ft.

Completions filed
Dec 2003
1 of 1 wells

1 well

42-16132478312,005 ftDec 2003

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 (279)

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

279 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 202129071.323.90$2,068
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018011759.403.07$359
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018024163.842.90$699
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017020147.933.21$646
Mar 201708746.772.98$260
Feb 2017010150.452.95$298
Jan 201709149.413.42$311
Dec 201607448.763.72$275
Nov 201607142.492.64$188
Oct 2016023446.193.09$723
Sep 2016028241.553.10$874
Aug 2016031641.442.92$924
Jul 2016028941.622.92$845
Jun 2016030245.352.69$811
May 2016033442.521.99$665
Apr 2016035536.561.99$707
Mar 2016046633.011.79$836
Feb 20160826.472.06$17
Jan 2016047527.352.36$1,123
Dec 201504532.362.00$90
Nov 2015026838.792.17$581
Oct 2015038243.552.43$927
Sep 2015042242.992.76$1,164
Aug 2015044940.162.87$1,290
Jul 2015042048.152.95$1,237
Jun 2015040856.152.88$1,176
May 2015048655.212.96$1,436
Apr 2015039949.822.71$1,080
Mar 2015061442.892.93$1,802
Feb 2015045344.662.98$1,348
Jan 2015060643.433.10$1,879
Dec 2014052054.693.59$1,868
Nov 2014047770.464.25$2,028
Oct 2014054478.303.90$2,122
Sep 2014049386.164.05$1,994
Aug 2014044189.394.04$1,779
Jul 2014052496.564.18$2,190
Jun 2014060098.164.74$2,842
May 2014062194.734.73$2,935
Apr 2014049795.944.81$2,390
Mar 2014056095.895.06$2,832
Feb 2014054697.406.19$3,381
Jan 2014067290.404.86$3,266
Dec 2013050891.824.35$2,212
Nov 2013062688.853.74$2,340
Oct 2013070897.423.78$2,676
Sep 20130490104.113.72$1,822
Aug 20130608104.253.52$2,142
Jul 20130670102.523.72$2,491
Jun 2013054594.403.93$2,144
May 2013068594.834.15$2,842
Apr 2013159293.964.28$2,629
Mar 2013057493.623.91$2,246
Feb 2013054891.233.42$1,874
Jan 2013061591.603.42$2,103
Dec 2012178886.773.42$2,782
Nov 2012062286.953.62$2,255
Oct 2012052889.383.40$1,795
Sep 2012047294.672.92$1,377
Aug 2012037392.662.91$1,085
Jul 2012036485.133.02$1,100
Jun 2012059879.822.52$1,506
May 2012075391.612.49$1,874
Apr 20120809101.652.00$1,615
Mar 20120817105.052.22$1,815
Feb 201201,103101.102.57$2,835
Jan 2012072798.092.73$1,988
Dec 2011084596.873.24$2,738
Nov 2011074095.723.31$2,450
Oct 2011064884.983.65$2,364
Sep 2011080683.623.99$3,213
Aug 2011082183.404.15$3,407
Jul 2011088594.144.52$3,998
Jun 2011084492.904.64$3,916
May 2011091398.134.40$4,022
Apr 20110833105.964.33$3,610
Mar 2011075496.364.06$3,059
Feb 2011062285.644.18$2,600
Jan 2011089086.504.59$4,084
Dec 2010099885.734.35$4,339
Nov 2010091380.843.80$3,465
Oct 2010098778.103.51$3,463
Sep 2010094072.633.98$3,741
Aug 2010099773.684.42$4,406
Jul 201001,06272.554.74$5,030
Jun 2010093370.364.91$4,581
May 201001,00871.124.24$4,269
Apr 2010099981.694.12$4,119
Mar 201001,01778.394.39$4,463
Feb 201001,00573.585.44$5,470
Jan 2010099274.365.96$5,916
Dec 200901,13671.445.48$6,230
Nov 200901,02974.593.75$3,860
Oct 200901,05472.544.11$4,332
Sep 200901,04365.543.06$3,197
Aug 200901,12367.423.22$3,614
Jul 2009086861.133.46$3,007
Jun 2009069166.163.90$2,691
May 200917599454.743.93$13,482
Apr 2009097146.773.59$3,483
Mar 200901,06042.144.06$4,303
Feb 200901,00932.814.63$4,675
Jan 200901,19035.865.37$6,391
Dec 200801,09937.105.98$6,569
Nov 200801,17355.496.86$8,047
Oct 200801,14475.246.92$7,919
Sep 200801,145101.767.88$9,019
Aug 200801,273114.228.48$10,799
Jul 200801,209131.0811.39$13,770
Jun 200801,261131.3313.03$16,434
May 200801,315123.1711.57$15,220
Apr 200801,285110.3110.45$13,435
Mar 200801,113101.909.66$10,756
Feb 2008073592.538.77$6,446
Jan 2008079190.388.21$6,491
Dec 200701,29288.337.30$9,434
Nov 200701,23191.677.29$8,976
Oct 200701,34782.856.92$9,324
Sep 200701,26975.846.24$7,924
Aug 200701,29969.066.39$8,298
Jul 200701,18770.906.39$7,582
Jun 200701,17762.007.55$8,885
May 200701,29558.747.85$10,161
Apr 200701,24259.617.81$9,694
Mar 200701,26456.927.30$9,230
Feb 200701,11155.108.22$9,128
Jan 200701,27450.306.73$8,570
Dec 200601,33456.656.92$9,229
Nov 200601,16954.207.62$8,905
Oct 200601,44254.906.01$8,672
Sep 200601,29460.085.04$6,518
Aug 2006088068.717.34$6,459
Jul 200601,44469.376.34$9,159
Jun 200601,44366.286.38$9,212
May 200601,51466.016.42$9,727
Apr 200601,38264.397.36$10,172
Mar 200601,51156.707.08$10,702
Feb 200601,38657.597.75$10,743
Jan 200601,61860.598.93$14,454
Dec 200501,54454.9413.42$20,713
Nov 200501,39454.6910.59$14,760
Oct 200501,59458.3413.80$21,990
Sep 200501,48761.4512.08$17,961
Aug 200501,55461.519.80$15,224
Jul 200501,72355.697.84$13,515
Jun 200501,66652.337.38$12,297
May 200501,63945.226.65$10,901
Apr 200501,72149.207.36$12,667
Mar 200501,76250.377.15$12,607
Feb 200501,61645.226.31$10,200
Jan 200501,90843.166.32$12,063
Dec 200404639.866.75$311
Nov 200401,80645.286.33$11,433
Oct 200401,99749.706.52$13,011
Sep 200402,06843.245.28$10,927
Aug 200402,56342.375.55$14,226
Jul 200402,11038.286.08$12,838
Jun 200402,27836.106.43$14,654
May 200402,62937.486.49$17,074
Apr 200402,69334.475.86$15,777
Mar 200402,63934.365.53$14,594
Feb 200402,50832.455.51$13,818
Jan 200402,87632.036.30$18,118
Dec 200303,75530.266.30$23,663
Nov 200301,50728.804.60$6,925
Oct 200303,43128.174.76$16,330
Sep 200304,81226.314.75$22,854
Aug 2003010,36229.765.13$53,154
Jul 2003012,53129.415.17$64,796
Jun 2003016,24928.565.98$97,217
May 2003016,27326.595.97$97,193
Apr 2003011,75526.675.41$63,563
Mar 2003011,66231.146.10$71,092

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 2021 — as filed, then multipliedworked
Condensate            29 bbl  × $ 71.32 =     $2,068
Gas                    0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                   $2,068

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. 05/G/194644 is the state's own key, not one this site invented.