O'DONNELL "A"

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the FREESTONE (CV-BOSSIER CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 204832District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Jul 2004 – Jun 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
204
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 960 leases and 960 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2016-11-15.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PLATS FOR INDIVIDUAL WELLS IN THE FIELD IF THEY CHOOSE.

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 Gas112005-05-03159359
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
CondensateDisposition439 bbl$25,996
GasProduction907,299 Mcf$5,572,891
Total$5,598,888

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 31.4882, -96.2485. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48824, -96.24847 · 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
13,175 ft
1 wells filed one
Completion to plug
16.9 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 13,175 ft.

Completions filed
Jul 2004
1 of 1 wells
Plug dates filed
Jun 2021
1 of 1 wells

Last completion to plug: a median of 16.9 years across the 1 well that filed both dates, with the middle half between 16.9 years and 16.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-16132970213,175 ftJul 2004Jun 2021Yes

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 (204)

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

204 months

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 20181059.403.07$59
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018010663.842.90$307
Mar 201802361.222.79$64
Feb 20180661.782.77$17
Jan 201803462.874.01$136
Dec 201708957.272.92$260
Nov 2017010855.423.12$337
Oct 2017119649.292.98$634
Sep 2017020647.523.09$636
Aug 2017052045.373.00$1,562
Jul 2017074443.873.09$2,297
Jun 2017020942.493.09$645
May 2017144145.373.26$1,485
Apr 2017021847.933.21$700
Mar 2017130346.772.98$951
Feb 2017045150.452.95$1,332
Jan 2017290849.413.42$3,203
Dec 201601,26648.763.72$4,713
Nov 201601,24442.492.64$3,290
Oct 201601,66246.193.09$5,136
Sep 201661,85041.553.10$5,985
Aug 201601,34441.442.92$3,930
Jul 201601,44941.622.92$4,237
Jun 201621,62345.352.69$4,450
May 201601,56742.521.99$3,120
Apr 201631,12536.561.99$2,350
Mar 201602,14333.011.79$3,845
Feb 201621,36726.472.06$2,874
Jan 201621,95727.352.36$4,682
Dec 201502,84432.362.00$5,692
Nov 201503,16838.792.17$6,866
Oct 201501,62543.552.43$3,943
Sep 201501,09742.992.76$3,026
Aug 201501,17640.162.87$3,378
Jul 201501,03748.152.95$3,054
Jun 201501,34156.152.88$3,866
May 201502,11255.212.96$6,242
Apr 201501,68349.822.71$4,555
Mar 201502,07842.892.93$6,098
Feb 201501,02644.662.98$3,054
Jan 201501,69343.433.10$5,249
Dec 201401,92754.693.59$6,921
Nov 201403,49870.464.25$14,873
Oct 201412,51878.303.90$9,901
Sep 201402,42686.164.05$9,814
Aug 201402,63889.394.04$10,645
Jul 201402,31796.564.18$9,684
Jun 201403,34798.164.74$15,854
May 201403,25894.734.73$15,399
Apr 201412,91095.944.81$14,090
Mar 201402,82795.895.06$14,296
Feb 201402,52997.406.19$15,660
Jan 201421,22090.404.86$6,111
Dec 201313,02091.824.35$13,242
Nov 201312,92888.853.74$11,035
Oct 201302,82497.423.78$10,673
Sep 201302,022104.113.72$7,517
Aug 201332,152104.253.52$7,893
Jul 201303,351102.523.72$12,458
Jun 201372,85594.403.93$11,891
May 201302,82494.834.15$11,717
Apr 201312,98593.964.28$12,877
Mar 201302,66493.623.91$10,424
Feb 201302,45191.233.42$8,382
Jan 201322,69191.603.42$9,386
Dec 201212,44386.773.42$8,442
Nov 201203,26486.953.62$11,832
Oct 201214,32789.383.40$14,800
Sep 201205,29094.672.92$15,438
Aug 201204,01092.662.91$11,662
Jul 201203,16385.133.02$9,555
Jun 201203,03879.822.52$7,653
May 201203,39091.612.49$8,435
Apr 201202,706101.652.00$5,403
Mar 201202,828105.052.22$6,284
Feb 201202,767101.102.57$7,112
Jan 201203,84098.092.73$10,499
Dec 201103,75896.873.24$12,175
Nov 201102,88695.723.31$9,556
Oct 201103,60584.983.65$13,153
Sep 201103,57483.623.99$14,245
Aug 201103,04783.404.15$12,643
Jul 201104,65694.144.52$21,032
Jun 201114,61692.904.64$21,511
May 201104,45098.134.40$19,601
Apr 201153,527105.964.33$15,813
Mar 201103,00896.364.06$12,204
Feb 201133,75785.644.18$15,961
Jan 201124,87586.504.59$22,543
Dec 201024,24685.734.35$18,632
Nov 201014,05580.843.80$15,471
Oct 201024,10378.103.51$14,553
Sep 201033,90372.633.98$15,750
Aug 201074,05673.684.42$18,441
Jul 201084,05672.554.74$19,792
Jun 201005,64870.364.91$27,734
May 201047,14371.124.24$30,537
Apr 201045,78181.694.12$24,160
Mar 201035,58678.394.39$24,750
Feb 201064,02473.585.44$22,342
Jan 201034,88474.365.96$29,352
Dec 200906,15571.445.48$33,752
Nov 200914,19774.593.75$15,820
Oct 200903,89172.544.11$15,993
Sep 200904,49465.543.06$13,773
Aug 200904,94267.423.22$15,906
Jul 200907,60861.133.46$26,358
Jun 200915,19466.163.90$20,297
May 200912,84654.743.93$11,227
Apr 200912,23346.773.59$8,058
Mar 200911,41242.144.06$5,773
Feb 200912,86432.814.63$13,302
Jan 200901,23935.865.37$6,655
Dec 2008024437.105.98$1,458
Nov 200804,21355.496.86$28,903
Oct 2008043475.246.92$3,004
Sep 200804,592101.767.88$36,172
Aug 200806,100114.228.48$51,746
Jul 200805,285131.0811.39$60,193
Jun 200804,273131.3313.03$55,688
May 200806,993123.1711.57$80,939
Apr 200805,835110.3110.45$61,004
Mar 200805,974101.909.66$57,733
Feb 200805,83992.538.77$51,211
Jan 200805,30990.388.21$43,564
Dec 200706,78588.337.30$49,544
Nov 200703,26591.677.29$23,807
Oct 200707,04882.856.92$48,786
Sep 200704,03275.846.24$25,176
Aug 200707,26269.066.39$46,389
Jul 200708,86970.906.39$56,655
Jun 2007339,08062.007.55$70,586
May 20075310,30158.747.85$83,938
Apr 2007349,29859.617.81$74,599
Mar 20073012,61556.927.30$93,822
Feb 20073011,05155.108.22$92,448
Jan 20072315,13550.306.73$102,968
Dec 20062413,28756.656.92$93,285
Nov 2006159,83054.207.62$75,693
Oct 200666,49654.906.01$39,395
Sep 2006511,24760.085.04$56,954
Aug 2006412,54368.717.34$92,339
Jul 2006412,17769.376.34$77,513
Jun 2006511,43266.286.38$73,312
May 2006512,67666.016.42$81,773
Apr 2006014,72664.397.36$108,390
Mar 2006014,00456.707.08$99,189
Feb 2006010,60357.597.75$82,185
Jan 2006015,21460.598.93$135,912
Dec 2005011,02654.9413.42$147,918
Nov 200507,14854.6910.59$75,686
Oct 200508,17858.3413.80$112,822
Sep 200507,50561.4512.08$90,653
Aug 200505,95661.519.80$58,350
Jul 200508,03755.697.84$63,039
Jun 200505,91252.337.38$43,637
May 200509,51045.226.65$63,253
Apr 2005011,40149.207.36$83,917
Mar 2005020,06450.377.15$143,556
Feb 2005019,52445.226.31$123,234
Jan 2005022,11743.166.32$139,828
Dec 2004026,55939.866.75$179,302
Nov 2004023,19045.286.33$146,802
Oct 2004013,96649.706.52$90,990
Sep 20046633,59043.245.28$180,340
Aug 2004058,56242.375.55$325,058
Jul 2004011,38138.286.08$69,244

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.

Aug 2018 — as filed, then multipliedworked
Condensate             1 bbl  × $ 59.40 =        $59
Gas                    0 Mcf  × $  3.07 =         $0

────────────────────────────────────────────────────
Month total                                      $59

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/204832 is the state's own key, not one this site invented.