OSA

Operated by OBAX OIL AND GAS LLC (P-5 617551) in the ICI (GEORGETOWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3951District 05Field 44075500OilSaveExport
Value, all time
$7.8 M
Mar 2011 – May 2026
Value, last 12 filed months
$154 k
at the published price for each month
Months reported
183
no gaps in the span
Streams
1
oil

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 47 leases and 50 wells, and the rule below applies to all of them.

Discovered
1985-06-01
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2009-08-18.

The Commission's schedule remark for this field reads: 6523' - 7912' AND TWO PART ALLOCATION FORMULA.

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
OilDisposition99,245 bbl$7,778,529
Total$7,778,529

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 30.9253, -96.3851. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.92532, -96.38513 · 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
7,731 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 7,731 ft.

Completions filed
Mar 2011
1 of 1 wells

1 well

42-395317791H7,731 ftMar 2011

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 (183)

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

183 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 202618989.753.15$16,963
Feb 202619063.503.75$12,065
Jan 202617559.138.00$10,348
Dec 202518156.664.41$10,255
Nov 202536758.593.93$21,503
Oct 202518659.383.30$11,045
Sep 202536762.743.08$23,026
Aug 202518163.933.01$11,571
Jul 202518666.743.32$12,414
Jun 202537066.483.13$24,598
May 202535760.553.23$21,616
Apr 202573162.363.54$45,585
Mar 2025067.704.27$0
Feb 20256170.884.34$4,324
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 202418669.052.20$12,843
Oct 202436171.372.28$25,765
Sep 202417069.612.36$11,834
Aug 202435675.632.06$26,924
Jul 202413479.932.15$10,711
Jun 202418678.082.63$14,523
May 202437978.812.20$29,869
Apr 202419184.451.66$16,130
Mar 202436680.301.55$29,390
Feb 202436176.091.78$27,468
Jan 202416473.023.30$11,975
Dec 202337171.262.61$26,437
Nov 202318077.892.81$14,020
Oct 202335685.443.09$30,417
Sep 202318089.042.74$16,027
Aug 202318080.522.67$14,494
Jul 202318974.852.64$14,147
Jun 202317568.962.26$12,068
May 202337770.622.23$26,624
Apr 202318178.122.24$14,140
Mar 202336672.852.39$26,663
Feb 202320175.112.47$15,097
Jan 202335376.533.39$27,015
Dec 202218176.415.73$13,830
Nov 202234485.005.65$29,240
Oct 202228987.185.86$25,195
Sep 202234684.888.16$29,368
Aug 202218894.529.13$17,770
Jul 2022381101.587.54$38,702
Jun 2022175115.097.98$20,141
May 2022180109.378.43$19,687
Apr 2022438104.226.84$45,648
Mar 2022186108.885.08$20,252
Feb 202234691.054.86$31,503
Jan 202219081.844.54$15,550
Dec 202135971.323.90$25,604
Nov 202136777.435.24$28,417
Oct 202119679.795.71$15,639
Sep 202118269.865.35$12,715
Aug 202137666.024.22$24,824
Jul 202136270.783.98$25,622
Jun 2021069.493.38$0
May 202135163.483.02$22,281
Apr 202137760.362.76$22,756
Mar 202136061.302.72$22,068
Feb 202118057.805.55$10,404
Jan 202118450.412.81$9,275
Dec 202035544.642.68$15,847
Nov 202036638.772.71$14,190
Oct 202017536.972.48$6,470
Sep 202035637.091.99$13,204
Aug 202034339.982.39$13,713
Jul 202018038.371.83$6,907
Jun 202054334.901.69$18,951
May 2020016.921.81$0
Apr 202036714.751.80$5,413
Mar 202018230.341.86$5,522
Feb 202036349.881.98$18,106
Jan 202034657.252.09$19,809
Dec 201917759.012.30$10,445
Nov 201934655.302.75$19,134
Oct 201936153.472.42$19,303
Sep 201917055.052.66$9,359
Aug 201936453.112.30$19,332
Jul 201936156.272.46$20,313
Jun 201918052.782.49$9,500
May 201935858.482.74$20,936
Apr 201935762.632.75$22,359
Mar 201918956.803.06$10,735
Feb 201936550.852.79$18,560
Jan 201936946.033.23$16,985
Dec 201818546.594.19$8,619
Nov 201835852.934.24$18,949
Oct 201836961.443.40$22,671
Sep 201835759.543.11$21,256
Aug 201818659.403.07$11,048
Jul 201836165.142.93$23,516
Jun 201834260.183.08$20,582
May 201822865.382.90$14,907
Apr 201833863.842.90$21,578
Mar 201836561.222.79$22,345
Feb 201843661.782.77$26,936
Jan 201848962.874.01$30,743
Dec 2017057.272.92$0
Nov 201745255.423.12$25,050
Oct 201735349.292.98$17,399
Sep 201718147.523.09$8,601
Aug 201753045.373.00$24,046
Jul 201736543.873.09$16,013
Jun 201734842.493.09$14,787
May 201737045.373.26$16,787
Apr 201735647.933.21$17,063
Mar 201735746.772.98$16,697
Feb 201737650.452.95$18,969
Jan 201753849.413.42$26,583
Dec 201636248.763.72$17,651
Nov 201636342.492.64$15,424
Oct 201636446.193.09$16,813
Sep 201655241.553.10$22,936
Aug 201636141.442.92$14,960
Jul 201672141.622.92$30,008
Jun 201636545.352.69$16,553
May 201689842.521.99$38,183
Apr 201654436.561.99$19,889
Mar 20169133.011.79$3,004
Feb 2016026.472.06$0
Jan 201619227.352.36$5,251
Dec 201538132.362.00$12,329
Nov 201537938.792.17$14,701
Oct 201554443.552.43$23,691
Sep 201557142.992.76$24,547
Aug 201537840.162.87$15,180
Jul 201555148.152.95$26,531
Jun 201537356.152.88$20,944
May 201585655.212.96$47,260
Apr 201538349.822.71$19,081
Mar 201538542.892.93$16,513
Feb 201537644.662.98$16,792
Jan 201557643.433.10$25,016
Dec 201439054.693.59$21,329
Nov 201438770.464.25$27,268
Oct 201475878.303.90$59,351
Sep 201437686.164.05$32,396
Aug 201438389.394.04$34,236
Jul 201455296.564.18$53,301
Jun 201438198.164.74$37,399
May 201456594.734.73$53,522
Apr 201437095.944.81$35,498
Mar 201454795.895.06$52,452
Feb 201455897.406.19$54,349
Jan 201490290.404.86$81,541
Dec 201337691.824.35$34,524
Nov 201357288.853.74$50,822
Oct 201394397.423.78$91,867
Sep 2013376104.113.72$39,145
Aug 2013919104.253.52$95,806
Jul 2013908102.523.72$93,088
Jun 201373094.403.93$68,912
May 201375394.834.15$71,407
Apr 20131,10993.964.28$104,202
Mar 20131,30893.623.91$122,455
Feb 20131,14491.233.42$104,367
Jan 201376691.603.42$70,166
Dec 201294886.773.42$82,258
Nov 20121,32586.953.62$115,209
Oct 20121,30289.383.40$116,373
Sep 20121,68894.672.92$159,803
Aug 20121,65592.662.91$153,352
Jul 20121,48885.133.02$126,673
Jun 20121,67479.822.52$133,619
May 20121,63891.612.49$150,057
Apr 20121,648101.652.00$167,519
Mar 20121,659105.052.22$174,278
Feb 20121,872101.102.57$189,259
Jan 20121,32398.092.73$129,773
Dec 20111,71496.873.24$166,035
Nov 20111,71195.723.31$163,777
Oct 20111,88084.983.65$159,762
Sep 20112,46983.623.99$206,458
Aug 20112,63983.404.15$220,093
Jul 20112,47694.144.52$233,091
Jun 20112,86792.904.64$266,344
May 20112,69398.134.40$264,264
Apr 20113,059105.964.33$324,132
Mar 20111,42396.364.06$137,120

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.

Mar 2026 — as filed, then multipliedworked
Oil                  189 bbl  × $ 89.75 =    $16,963

────────────────────────────────────────────────────
Month total                                  $16,963

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/3951 is the state's own key, not one this site invented.