TXU

Operated by O'BENCO, INC. (P-5 617512) in the BALD PRAIRIE (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 230248District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
May 2006 – Aug 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
124
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 868 leases and 868 wells, and the rule below applies to all of them.

Discovered
2001-02-22
as the register files it
Field class
Gas
the register's own label
Between wells
0 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 2011-03-08.

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: PER DOCKET 05-0268631 EFFECTIVE 03/08/2011, AMENDED RULE 2 TO

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 Gas112008-09-17185658
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
CondensateDisposition3 bbl$252
GasProduction180,264 Mcf$1,178,366
Total$1,178,618

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 31.1446, -96.5844. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.14463, -96.58442 · 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
10,595 ft
1 wells filed one
Completion to plug
10.3 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 10,595 ft.

Completions filed
May 2006
1 of 1 wells
Plug dates filed
Aug 2016
1 of 1 wells

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-39531081210,595 ftMay 2006Aug 2016Yes

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 (124)

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

124 months

Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150843.433.10$25
Dec 201404954.693.59$176
Nov 201404770.464.25$200
Oct 201406678.303.90$257
Sep 201409186.164.05$368
Aug 201408289.394.04$331
Jul 2014010796.564.18$447
Jun 2014010998.164.74$516
May 2014013894.734.73$652
Apr 2014011695.944.81$558
Mar 2014014995.895.06$753
Feb 2014012997.406.19$799
Jan 2014014990.404.86$724
Dec 2013029891.824.35$1,298
Nov 2013022688.853.74$845
Oct 2013012497.423.78$469
Sep 2013076104.113.72$283
Aug 2013061104.253.52$215
Jul 2013058102.523.72$216
Jun 201305094.403.93$197
May 201304794.834.15$195
Apr 201306093.964.28$257
Mar 2013010593.623.91$411
Feb 201308691.233.42$294
Jan 201309591.603.42$325
Dec 2012012286.773.42$417
Nov 2012011186.953.62$402
Oct 2012013989.383.40$473
Sep 2012012894.672.92$374
Aug 2012012592.662.91$364
Jul 201208985.133.02$269
Jun 2012029679.822.52$746
May 2012033491.612.49$831
Apr 20120295101.652.00$589
Mar 20122192105.052.22$637
Feb 20120123101.102.57$316
Jan 2012012098.092.73$328
Dec 20110696.873.24$19
Nov 2011010895.723.31$358
Oct 2011012784.983.65$463
Sep 2011016983.623.99$674
Aug 2011029383.404.15$1,216
Jul 2011032794.144.52$1,477
Jun 2011072392.904.64$3,355
May 2011015198.134.40$665
Apr 20110138105.964.33$598
Mar 201104596.364.06$183
Feb 2011019685.644.18$819
Jan 2011022486.504.59$1,028
Dec 2010016085.734.35$696
Nov 2010037480.843.80$1,419
Oct 2010024278.103.51$849
Sep 201001,33472.633.98$5,309
Aug 201001,64073.684.42$7,248
Jul 201001,05272.554.74$4,983
Jun 201001,56870.364.91$7,700
May 201001,54071.124.24$6,522
Apr 201001,55881.694.12$6,423
Mar 201001,64678.394.39$7,224
Feb 201001,56473.585.44$8,512
Jan 201001,50874.365.96$8,994
Dec 200901,60071.445.48$8,774
Nov 200901,70474.593.75$6,393
Oct 200901,98272.544.11$8,147
Sep 200901,97065.543.06$6,038
Aug 200902,00067.423.22$6,437
Jul 200902,09261.133.46$7,248
Jun 200902,01366.163.90$7,841
May 200902,08854.743.93$8,197
Apr 200902,03646.773.59$7,304
Mar 200912,10542.144.06$8,586
Feb 200901,96832.814.63$9,118
Jan 200902,18035.865.37$11,709
Dec 200802,09737.105.98$12,534
Nov 200802,15855.496.86$14,805
Oct 200802,29875.246.92$15,907
Sep 200802,136101.767.88$16,825
Aug 200802,800114.228.48$23,752
Jul 200801,585131.0811.39$18,052
Jun 200802,364131.3313.03$30,809
May 200802,636123.1711.57$30,510
Apr 200802,298110.3110.45$24,025
Mar 200802,576101.909.66$24,895
Feb 200802,38392.538.77$20,900
Jan 200802,56190.388.21$21,015
Dec 200703,10788.337.30$22,687
Nov 200702,99291.677.29$21,817
Oct 200703,25282.856.92$22,510
Sep 200703,63175.846.24$22,673
Aug 200703,65169.066.39$23,322
Jul 200704,23470.906.39$27,047
Jun 200704,33262.007.55$32,700
May 200704,60558.747.85$36,132
Apr 200704,90159.617.81$38,253
Mar 200705,22456.927.30$38,145
Feb 200704,99055.108.22$40,998
Jan 200705,97450.306.73$40,186
Dec 200606,68656.656.92$46,257
Nov 200607,13054.207.62$54,313
Oct 200608,65954.906.01$52,073
Sep 2006010,23860.085.04$51,571
Aug 2006014,05868.717.34$103,185
Jul 200603,25869.376.34$20,665
Jun 200606,41966.286.38$40,978
May 20060066.016.42$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.

Jan 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 43.43 =         $0
Gas                    8 Mcf  × $  3.10 =        $25

────────────────────────────────────────────────────
Month total                                      $25

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/230248 is the state's own key, not one this site invented.