OWEN, JAMES E.

Operated by MEANS OIL COMPANY, LLC (P-5 556640) in the CORSICANA (SHALLOW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3878District 05Field 20823500OilCasinghead gasSaveExport
Value, all time
$326 k
Sep 2008 – May 2026
Value, last 12 filed months
$17
at the published price for each month
Months reported
213
no gaps in the span
Streams
2
oil, casinghead 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 594 leases and 5,880 wells, and the rule below applies to all of them.

Discovered
1896-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 2007-03-29.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 08/01/88.

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
OilDisposition4,603 bbl$325,362
Casinghead gasProduction115 Mcf$385
Total$325,746

Wells on this lease (25)

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 32.3119, -96.4609. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.31175, -96.46082 · 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
20.0%
5 of 25 wells
With a plug date
20.0%
5 of 25 wells
Median depth
714 ft
25 wells filed one
Completion to plug
25.2 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
520.0%
A plug date is filed
520.0%
BothOn the schedule and plugged. Neither fact cancels the other.
520.0%
NeitherNo plug date, and not on the schedule.
2080.0%

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

Total depth in feet, 25 of 25 wells. Median 714 ft, with the middle half between 702 and 721 ft; the shallowest is 646 ft and the deepest 2,399 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 25 of 25 wells, Jun 1979 – Oct 2011. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 1979 – Oct 2011
25 of 25 wells
Plug dates filed
Jan 2011 – Jan 2023
5 of 25 wells; 20 filed none

Last completion to plug: a median of 25.2 years across the 5 wells that filed both dates, with the middle half between 22.5 years and 29.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

25 wells

42-139300971646 ftOct 2011
42-1393012815W715 ftMay 2009Jan 2011Yes
42-1393028413W720 ftMay 2009
42-1393022111A722 ftMay 2009
42-139304276W684 ftApr 2002
42-1393012717W658 ftNov 1993Jan 2023Yes
42-139304539B700 ftJun 1993
42-139304468B718 ftJul 1988Jan 2011Yes
42-139304377W704 ftJun 1986
42-139304381WS2,399 ftMay 1986
42-139300982W712 ftMar 1986
42-1393043213C704 ftFeb 1986Apr 2011Yes
42-139304161 C705 ftJun 1985
42-139304143C702 ftJun 1985
42-139302834 B727 ftApr 1982
42-139302856B687 ftApr 1982
42-139302791B721 ftMar 1982
42-139302823B737 ftMar 1982
42-139302867B753 ftMar 1982
42-139302802B737 ftDec 1981
42-139302239A720 ftDec 1980Jan 2011Yes
42-139302064A704 ftDec 1980
42-139302075A700 ftDec 1980
42-1393022210A714 ftDec 1980
42-139301113715 ftJun 1979

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 (213)

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

213 months

May 202601106.413.05$3
Apr 20260098.932.87$0
Mar 20260189.753.15$3
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250156.664.41$4
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250163.933.01$3
Jul 20250066.743.32$0
Jun 20250166.483.13$3
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250170.884.34$4
Jan 20250074.324.28$0
Dec 20240168.993.12$3
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240169.612.36$2
Aug 20240075.632.06$0
Jul 20240179.932.15$2
Jun 20240078.082.63$0
May 20240178.812.20$2
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 20230189.042.74$3
Aug 20230080.522.67$0
Jul 20230174.852.64$3
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230178.122.24$2
Mar 20230172.852.39$2
Feb 20230175.112.47$2
Jan 20230176.533.39$3
Dec 20220176.415.73$6
Nov 20220185.005.65$6
Oct 20220187.185.86$6
Sep 20220184.888.16$8
Aug 20220194.529.13$9
Jul 202201101.587.54$8
Jun 202201115.097.98$8
May 202201109.378.43$8
Apr 202201104.226.84$7
Mar 202201108.885.08$5
Feb 20220191.054.86$5
Jan 20220181.844.54$5
Dec 20210171.323.90$4
Nov 20210177.435.24$5
Oct 20210179.795.71$6
Sep 20210169.865.35$5
Aug 20210166.024.22$4
Jul 20210170.783.98$4
Jun 20210169.493.38$3
May 20210163.483.02$3
Apr 20210160.362.76$3
Mar 20210161.302.72$3
Feb 20210157.805.55$6
Jan 20210150.412.81$3
Dec 20200144.642.68$3
Nov 20200138.772.71$3
Oct 202076136.972.48$2,812
Sep 20200137.091.99$2
Aug 20200139.982.39$2
Jul 20200138.371.83$2
Jun 20200134.901.69$2
May 20200116.921.81$2
Apr 20200114.751.80$2
Mar 20200130.341.86$2
Feb 20200149.881.98$2
Jan 20200157.252.09$2
Dec 20190159.012.30$2
Nov 20190155.302.75$3
Oct 20190153.472.42$2
Sep 20190155.052.66$3
Aug 20190153.112.30$2
Jul 20190156.272.46$2
Jun 20190152.782.49$2
May 20190158.482.74$3
Apr 20190162.632.75$3
Mar 20190156.803.06$3
Feb 20190150.852.79$3
Jan 20190146.033.23$3
Dec 20180146.594.19$4
Nov 20180152.934.24$4
Oct 20180161.443.40$3
Sep 20180159.543.11$3
Aug 20180159.403.07$3
Jul 20180165.142.93$3
Jun 20180160.183.08$3
May 20180165.382.90$3
Apr 20180163.842.90$3
Mar 20180161.222.79$3
Feb 20180161.782.77$3
Jan 20180162.874.01$4
Dec 20170157.272.92$3
Nov 20170155.423.12$3
Oct 20170149.292.98$3
Sep 20170147.523.09$3
Aug 20170145.373.00$3
Jul 20170143.873.09$3
Jun 20170142.493.09$3
May 20170145.373.26$3
Apr 2017128147.933.21$6,138
Mar 20170146.772.98$3
Feb 20170150.452.95$3
Jan 20170149.413.42$3
Dec 20160148.763.72$4
Nov 20160142.492.64$3
Oct 2016122146.193.09$5,638
Sep 20160141.553.10$3
Aug 20160141.442.92$3
Jul 20160141.622.92$3
Jun 20160145.352.69$3
May 2016161142.521.99$6,848
Apr 20160136.561.99$2
Mar 20160133.011.79$2
Feb 20160126.472.06$2
Jan 20160127.352.36$2
Dec 20150132.362.00$2
Nov 2015141138.792.17$5,472
Oct 20150143.552.43$2
Sep 20150142.992.76$3
Aug 20150140.162.87$3
Jul 2015120148.152.95$5,781
Jun 20150156.152.88$3
May 20150155.212.96$3
Apr 20150149.822.71$3
Mar 2015161142.892.93$6,908
Feb 20150144.662.98$3
Jan 20150143.433.10$3
Dec 2014143154.693.59$7,824
Nov 20140170.464.25$4
Oct 2014159178.303.90$12,454
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014141095.944.81$13,528
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 2014132090.404.86$11,933
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20131730104.113.72$18,011
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 2013162091.233.42$14,779
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012139086.953.62$12,086
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 2012151085.133.02$12,855
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20121650101.652.00$16,772
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 2011151084.983.65$12,832
Sep 20110083.623.99$0
Aug 2011169083.404.15$14,095
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 2011166096.364.06$15,996
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010151080.843.80$12,207
Oct 20100078.103.51$0
Sep 2010171072.633.98$12,420
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 2010147070.364.91$10,343
May 2010163071.124.24$11,593
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 2010167073.585.44$12,288
Jan 20100074.365.96$0
Dec 2009171071.445.48$12,216
Nov 2009176074.593.75$13,128
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009167067.423.22$11,259
Jul 20090061.133.46$0
Jun 2009177066.163.90$11,710
May 2009177054.743.93$9,689
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 2009176032.814.63$5,775
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$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.

May 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas         1 Mcf  × $  3.05 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/O/3878 is the state's own key, not one this site invented.