O'BANION

Operated by SHELBY OPERATING COMPANY (P-5 773678) in the WASKOM (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 160417District 06Field 953691602 tax incentive programmesCondensateGasSaveExport
Value, all time
$23.1 M
Sep 1996 – May 2026
Value, last 12 filed months
$385 k
at the published price for each month
Months reported
357
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 473 leases and 477 wells, and the rule below applies to all of them.

Discovered
1955-09-19
as the register files it
Field class
Oil and 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 40 acres. The field rule took effect on 2012-11-06.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas111996-11-14135592
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
CondensateDisposition37,068 bbl$2,079,542
GasProduction4,641,905 Mcf$21,023,160
Total$23,102,702

104,531 Mcf of this lease's gas, across 4 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.4835, -94.0692. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.48354, -94.06918 · 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
9,630 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 9,630 ft.

Completions filed
Sep 1996
1 of 1 wells

1 well

42-2033237499,630 ftSep 1996

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 (357)

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

357 months

May 20261697,480106.413.05$40,766
Apr 202606,64898.932.87$19,078
Mar 20261768,16289.753.15$41,502
Feb 202606,69763.503.75$25,116
Jan 202606,45059.138.00$51,587
Dec 20251776,22456.664.41$37,498
Nov 202506,66958.593.93$26,185
Oct 20251766,82359.383.30$33,000
Sep 202509,02662.743.08$27,772
Aug 20251826,69563.933.01$31,819
Jul 202506,46066.743.32$21,416
Jun 20251735,73166.483.13$29,432
May 202507,50760.553.23$24,265
Apr 20251646,98762.363.54$34,983
Mar 202508,02067.704.27$34,232
Feb 20251776,38570.884.34$40,262
Jan 202507,89574.324.28$33,780
Dec 20241768,99368.993.12$40,213
Nov 202406,69569.052.20$14,719
Oct 202408,73771.372.28$19,933
Sep 20241718,90469.612.36$32,956
Aug 202408,44175.632.06$17,419
Jul 20241737,42579.932.15$29,766
Jun 20241698,83978.082.63$36,477
May 202408,68678.812.20$19,096
Apr 20241788,79784.451.66$29,628
Mar 20241709,10180.301.55$27,713
Feb 202408,69276.091.78$15,503
Jan 20241729,52773.023.30$43,976
Dec 20231838,91771.262.61$36,320
Nov 202308,91877.892.81$25,038
Oct 20231718,65685.443.09$41,334
Sep 202308,87789.042.74$24,279
Aug 202317610,56480.522.67$42,408
Jul 202316610,61174.852.64$40,457
Jun 202309,35568.962.26$21,128
May 20231939,72770.622.23$35,296
Apr 202309,32378.122.24$20,863
Mar 20233599,68272.852.39$49,324
Feb 202309,15975.112.47$22,583
Jan 202318010,24576.533.39$48,483
Dec 2022011,85976.415.73$67,941
Nov 202201,62585.005.65$9,175
Oct 20221683,40287.185.86$34,595
Sep 202208,82984.888.16$72,077
Aug 20221798,74394.529.13$96,718
Jul 2022010,255101.587.54$77,344
Jun 20221689,072115.097.98$91,704
May 2022010,095109.378.43$85,132
Apr 20221708,963104.226.84$79,003
Mar 202209,991108.885.08$50,718
Feb 20221829,75791.054.86$63,979
Jan 2022011,45481.844.54$51,975
Dec 202117812,11271.323.90$59,921
Nov 202117911,84077.435.24$75,864
Oct 2021011,69679.795.71$66,829
Sep 202117312,54669.865.35$79,218
Aug 2021013,14766.024.22$55,488
Jul 202117513,11070.783.98$64,592
Jun 202117213,44069.493.38$57,388
May 2021013,08663.483.02$39,489
Apr 202118213,27860.362.76$47,612
Mar 202116915,28461.302.72$51,885
Feb 2021010,02857.805.55$55,635
Jan 202118114,04950.412.81$48,606
Dec 2020019,64344.642.68$52,554
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 20201804057.252.09$10,389
Dec 2019010,08959.012.30$23,249
Nov 201908,58855.302.75$23,623
Oct 2019010,77553.472.42$26,060
Sep 201909,47455.052.66$25,175
Aug 20191769,98353.112.30$32,352
Jul 2019010,10356.272.46$24,854
Jun 20191699,32452.782.49$32,148
May 20191769,57858.482.74$36,539
Apr 201909,81362.632.75$26,993
Mar 20191609,74156.803.06$38,916
Feb 201908,92950.852.79$24,932
Jan 201916410,33846.033.23$40,922
Dec 20181819,72646.594.19$49,140
Nov 201809,97652.934.24$42,271
Oct 201817810,34961.443.40$46,103
Sep 201809,31959.543.11$28,963
Aug 2018010,39659.403.07$31,880
Jul 201817310,88965.142.93$43,194
Jun 2018010,11360.183.08$31,117
May 2018010,66765.382.90$30,943
Apr 201816410,45963.842.90$40,809
Mar 20181708,33761.222.79$33,641
Feb 201818110,47361.782.77$40,152
Jan 2018010,22362.874.01$40,987
Dec 201708,96857.272.92$26,200
Nov 20172099,83355.423.12$42,246
Oct 2017010,14449.292.98$30,266
Sep 201717510,11147.523.09$39,531
Aug 2017010,61045.373.00$31,877
Jul 201717410,23743.873.09$39,238
Jun 201718010,63042.493.09$40,466
May 201709,74345.373.26$31,795
Apr 2017011,72947.933.21$37,669
Mar 20171758,21646.772.98$32,699
Feb 20171709,44150.452.95$36,452
Jan 201709,83749.413.42$33,631
Dec 20161749,96448.763.72$45,579
Nov 2016010,13542.492.64$26,800
Oct 20161799,86746.193.09$38,760
Sep 2016010,19841.553.10$31,620
Aug 201608,81841.442.92$25,787
Jul 20161759,23041.622.92$34,275
Jun 201609,30545.352.69$24,992
May 20161677,88142.521.99$22,792
Apr 20161909,67536.561.99$26,210
Mar 201608,80833.011.79$15,802
Feb 201609,95926.472.06$20,552
Jan 20161727,47927.352.36$22,387
Dec 20151618,49832.362.00$22,218
Nov 20151708,13938.792.17$24,234
Oct 20151718,36043.552.43$27,733
Sep 201508,23142.992.76$22,705
Aug 201508,33940.162.87$23,954
Jul 20151727,73948.152.95$31,074
Jun 201507,40156.152.88$21,336
May 20151527,30155.212.96$29,970
Apr 20151886,99249.822.71$28,291
Mar 201507,03842.892.93$20,654
Feb 20151846,15144.662.98$26,524
Jan 20151946,92243.433.10$29,888
Dec 20141817,68954.693.59$37,513
Nov 201407,61570.464.25$32,378
Oct 201407,76378.303.90$30,283
Sep 20141848,37186.164.05$49,718
Aug 201408,03289.394.04$32,410
Jul 20141777,71096.564.18$49,316
Jun 201408,54298.164.74$40,462
May 20141758,89294.734.73$58,606
Apr 20141827,74395.944.81$54,698
Mar 20141858,88295.895.06$62,654
Feb 201409,50997.406.19$58,880
Jan 201418610,91390.404.86$69,859
Dec 2013012,69791.824.35$55,289
Nov 20131739,84688.853.74$52,178
Oct 201306,48997.423.78$24,524
Sep 20131789,651104.113.72$54,411
Aug 2013011,633104.253.52$40,979
Jul 201318412,487102.523.72$65,287
Jun 2013012,73094.403.93$50,072
May 201308,10794.834.15$33,637
Apr 201303,06393.964.28$13,118
Mar 20131907,39393.623.91$46,716
Feb 2013017,56591.233.42$60,071
Jan 201301,51791.603.42$5,188
Dec 201201,60086.773.42$5,472
Nov 201201,55486.953.62$5,633
Oct 201201,69489.383.40$5,759
Sep 201201,69294.672.92$4,938
Aug 201201,56292.662.91$4,543
Jul 20121521,90985.133.02$18,706
Jun 201202,09079.822.52$5,265
May 201202,20691.612.49$5,489
Apr 201201,959101.652.00$3,912
Mar 201202,689105.052.22$5,975
Feb 201203,461101.102.57$8,896
Jan 201208,01398.092.73$21,908
Dec 201118913,29796.873.24$61,387
Nov 201117213,77295.723.31$62,067
Oct 201107,84784.983.65$28,630
Sep 20111969,18883.623.99$53,011
Aug 2011013,84183.404.15$57,431
Jul 201117713,03894.144.52$75,559
Jun 201107,12292.904.64$33,045
May 201118712,48098.134.40$73,322
Apr 2011012,997105.964.33$56,320
Mar 201118913,51396.364.06$73,039
Feb 2011012,27685.644.18$51,313
Jan 201118813,49686.504.59$78,192
Dec 2010013,50385.734.35$58,708
Nov 201019613,19680.843.80$65,928
Oct 201018412,98478.103.51$59,930
Sep 201019413,39972.633.98$67,411
Aug 2010013,95873.684.42$61,685
Jul 201018613,86472.554.74$79,161
Jun 2010013,74970.364.91$67,513
May 2010014,33271.124.24$60,699
Apr 2010013,82781.694.12$57,004
Mar 201018714,36578.394.39$77,702
Feb 201018912,99673.585.44$84,636
Jan 201019914,54974.365.96$101,569
Dec 2009014,61671.445.48$80,150
Nov 200917914,17874.593.75$66,540
Oct 200919214,76972.544.11$74,632
Sep 2009014,39065.543.06$44,102
Aug 200918615,03267.423.22$60,921
Jul 200918815,13261.133.46$63,917
Jun 2009014,78066.163.90$57,568
May 200919215,43954.743.93$71,120
Apr 200918914,77346.773.59$61,838
Mar 2009015,44442.144.06$62,687
Feb 200919214,01232.814.63$71,217
Jan 200918315,45435.865.37$89,566
Dec 200818915,53137.105.98$99,843
Nov 2008015,01455.496.86$103,001
Oct 200819315,60375.246.92$122,525
Sep 200818314,846101.767.88$135,565
Aug 200818515,834114.228.48$155,451
Jul 2008015,909131.0811.39$181,194
Jun 200818015,547131.3313.03$226,258
May 2008016,375123.1711.57$189,529
Apr 200817615,911110.3110.45$185,762
Mar 200837616,462101.909.66$197,404
Feb 2008015,51792.538.77$136,093
Jan 200817616,62290.388.21$152,303
Dec 200718816,71688.337.30$138,666
Nov 200718616,25091.677.29$135,541
Oct 200717416,86582.856.92$131,155
Sep 2007016,52875.846.24$103,203
Aug 200717617,15069.066.39$121,708
Jul 200717317,34270.906.39$123,045
Jun 200717516,92062.007.55$138,570
May 200718817,58158.747.85$148,989
Apr 200718417,04259.617.81$143,984
Mar 2007017,72256.927.30$129,406
Feb 200719816,12855.108.22$143,417
Jan 200719017,97250.306.73$130,452
Dec 200617617,89356.656.92$133,762
Nov 200619116,89554.207.62$139,050
Oct 200618418,14054.906.01$119,192
Sep 200617617,79960.085.04$100,231
Aug 2006018,60068.717.34$136,523
Jul 200618718,72969.376.34$131,766
Jun 200618518,21866.286.38$128,563
May 200618218,58266.016.42$131,403
Apr 200620218,39364.397.36$148,388
Mar 200620819,12556.707.08$147,254
Feb 200619117,33857.597.75$145,389
Jan 200618719,22060.598.93$183,029
Dec 200517719,28054.9413.42$268,373
Nov 200518618,68954.6910.59$208,059
Oct 2005019,09758.3413.80$263,458
Sep 200518718,49061.4512.08$234,832
Aug 200518019,06761.519.80$197,868
Jul 200518419,13155.697.84$160,304
Jun 200517318,49852.337.38$145,588
May 200518218,69045.226.65$132,540
Apr 200518318,46149.207.36$144,885
Mar 200517917,44050.377.15$133,797
Feb 200517815,46745.226.31$105,676
Jan 200517817,31443.166.32$117,145
Dec 200418520,21039.866.75$143,813
Nov 200417920,76245.286.33$139,537
Oct 200417721,69949.706.52$150,168
Sep 200418420,95743.245.28$118,691
Aug 200418221,68642.375.55$128,083
Jul 2004021,75538.286.08$132,361
Jun 200436421,01436.106.43$148,324
May 2004020,85837.486.49$135,464
Apr 200418420,95734.475.86$129,118
Mar 200418321,57734.365.53$125,612
Feb 200418719,79232.455.51$115,115
Jan 200418720,82532.036.30$137,180
Dec 200318920,31530.266.30$133,737
Nov 200318620,04328.804.60$97,458
Oct 2003021,05828.174.76$100,229
Sep 200318320,34426.314.75$101,436
Aug 200318121,21529.765.13$114,214
Jul 200317821,17729.415.17$114,738
Jun 200318220,64928.565.98$128,740
May 200318721,43226.595.97$132,979
Apr 200318420,75426.675.41$117,130
Mar 200318921,56631.146.10$137,353
Feb 200318718,28733.487.93$151,201
Jan 200318421,79730.315.58$127,249
Dec 200219421,91826.914.85$111,605
Nov 200218321,35624.664.14$92,862
Oct 200218222,20926.464.23$98,740
Sep 200217821,65827.443.64$83,615
Aug 200217222,55425.963.16$75,830
Jul 200218722,59424.583.06$73,774
Jun 200218921,87223.733.34$77,499
May 200213123,50624.663.58$87,476
Apr 2002022,86123.653.51$80,295
Mar 200219023,95722.003.10$78,512
Feb 200219221,82918.222.38$55,357
Jan 200233624,22717.172.38$63,325
Dec 2001024,41216.932.36$57,720
Nov 200119123,87318.072.41$60,878
Oct 200118524,96919.782.53$66,803
Sep 200136324,65824.262.25$64,319
Aug 2001024,82824.873.05$75,804
Jul 200116525,02923.933.20$83,968
Jun 200118724,29124.563.82$97,485
May 200117725,20525.524.31$113,083
Apr 200119124,72724.685.34$136,640
Mar 200118224,63224.545.38$136,899
Feb 200118823,99627.755.77$143,604
Jan 200118426,07227.478.40$224,027
Dec 200018711,95026.889.12$114,040
Nov 200018025,12432.215.66$147,949
Oct 200018526,41431.235.15$141,691
Sep 200017725,50731.875.19$137,933
Aug 200018926,49229.644.54$125,896
Jul 200019027,78728.534.09$119,063
Jun 200018724,99629.304.40$115,393
May 200036225,98627.263.68$105,490
Apr 200007,87924.513.12$24,551
Mar 200009,52628.422.86$27,242
Feb 200009,69527.622.73$26,433
Jan 2000010,65025.272.48$26,417
Dec 1999010,67124.282.42$25,864
Nov 1999010,24523.192.43$24,936
Oct 199917610,95620.982.80$34,410
Sep 1999010,70421.752.62$28,032
Aug 1999011,52419.262.88$33,138
Jul 1999011,08917.892.37$26,307
Jun 199909,74215.942.36$23,012
May 19991819,51915.792.32$24,952
Apr 199909,45415.102.21$20,875
Mar 199909,92312.471.84$18,242
Feb 199908,8719.981.82$16,126
Jan 1999011,41510.381.90$21,688
Dec 1998010,3959.201.77$18,434
Nov 1998011,07810.892.19$24,213
Oct 1998011,85512.421.97$23,345
Sep 1998011,87012.592.08$24,721
Aug 1998012,65811.301.91$24,143
Jul 1998013,22011.742.24$29,577
Jun 1998012,80011.242.24$28,637
May 1998013,58912.622.21$29,982
Apr 199818313,16713.042.51$35,374
Mar 1998014,11912.802.31$32,607
Feb 1998013,62813.952.30$31,333
Jan 1998014,92714.702.15$32,165
Dec 1997015,03916.322.41$36,261
Nov 199718414,87618.193.09$49,288
Oct 1997016,61319.253.15$52,328
Sep 1997016,59617.742.95$49,039
Aug 199718216,78217.862.55$46,124
Jul 1997019,89217.582.25$44,696
Jun 1997019,21117.242.26$43,363
May 1997020,29118.972.31$46,842
Apr 1997019,72017.882.08$41,072
Mar 199719121,38218.951.94$45,082
Feb 1997019,69920.492.21$43,454
Jan 199719123,40223.483.54$87,321
Dec 199619626,46123.32$4,571
Nov 1996029,40621.97$0
Oct 1996042,48523.31$0
Sep 199606,17922.22$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
Condensate           169 bbl  × $106.41 =    $17,983
Gas                7,480 Mcf  × $  3.05 =    $22,783

────────────────────────────────────────────────────
Month total                                  $40,766

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. 06/G/160417 is the state's own key, not one this site invented.