ORYX-AKIN

Operated by QUANTUM RESOURCES MANAGEMENT,LLC (P-5 684554) in the GLENWOOD (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 161362District 06Field 354153002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Dec 1996 – Dec 2012
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
193
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 351 leases and 351 wells, and the rule below applies to all of them.

Discovered
1980-12-20
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 40 acres. The field rule took effect on 2017-12-05.

The Commission's schedule remark for this field reads: BE FILED IF THE OPERATOR CHOOSES. THIS IS A UFT FIELD.

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 Gas111997-03-12135704
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
CondensateDisposition678 bbl$55,272
GasProduction692,023 Mcf$2,560,175
Total$2,615,447

28,891 Mcf of this lease's gas, across 1 month, 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 32.5318, -94.8974. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.53184, -94.89737 · 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
0.0%
0 of 1 wells
Median depth
10,945 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
1100.0%
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.
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 10,945 ft.

Completions filed
Nov 2011
1 of 1 wells

1 well

42-18331259110,945 ftNov 2011Yes

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 (193)

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

193 months

Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20123094.672.92$284
Aug 2012177092.662.91$16,401
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
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 201106684.983.65$241
Sep 201131,05983.623.99$4,472
Aug 20111087983.404.15$4,481
Jul 2011834194.144.52$2,294
Jun 2011822292.904.64$1,773
May 20111056098.134.40$3,448
Apr 201114828105.964.33$5,071
Mar 2011151,97196.364.06$9,442
Feb 2011129585.644.18$1,425
Jan 20111370986.504.59$4,378
Dec 2010132,59585.734.35$12,397
Nov 2010131,08180.843.80$5,154
Oct 20101346678.103.51$2,650
Sep 2010141,74972.633.98$7,977
Aug 2010141,19773.684.42$6,321
Jul 20101110572.554.74$1,295
Jun 20101123070.364.91$1,903
May 20101527771.124.24$2,240
Apr 20101461481.694.12$3,675
Mar 2010181,84378.394.39$9,499
Feb 2010111,15373.585.44$7,084
Jan 20101135574.365.96$2,935
Dec 20091288871.445.48$5,727
Nov 2009121,84374.593.75$7,809
Oct 2009111,48472.544.11$6,898
Sep 200992,39765.543.06$7,936
Aug 2009102,41567.423.22$8,447
Jul 2009101,62861.133.46$6,252
Jun 2009122,01466.163.90$8,638
May 20091390554.743.93$4,264
Apr 20091461246.773.59$2,850
Mar 2009151,38142.144.06$6,238
Feb 2009142,13632.814.63$10,355
Jan 2009151,42235.865.37$8,175
Dec 20081273637.105.98$4,844
Nov 2008101,50755.496.86$10,893
Oct 2008113,51175.246.92$25,131
Sep 200893,880101.767.88$31,479
Aug 200892,678114.228.48$23,746
Jul 2008132,350131.0811.39$28,469
Jun 2008112,533131.3313.03$34,456
May 2008131,786123.1711.57$22,273
Apr 20081362110.3110.45$3,895
Mar 20084464101.909.66$4,892
Feb 2008385792.538.77$7,794
Jan 200842,05590.388.21$17,224
Dec 200702,11388.337.30$15,429
Nov 200702,55791.677.29$18,645
Oct 200702,98882.856.92$20,683
Sep 200703,22275.846.24$20,119
Aug 200701,06969.066.39$6,829
Jul 2007030170.906.39$1,923
Jun 2007040662.007.55$3,065
May 2007027158.747.85$2,126
Apr 2007084159.617.81$6,564
Mar 2007033156.927.30$2,417
Feb 200701,44455.108.22$11,864
Jan 200701,68150.306.73$11,308
Dec 200602,24356.656.92$15,518
Nov 200601,14254.207.62$8,699
Oct 2006018454.906.01$1,107
Sep 2006024560.085.04$1,234
Aug 200601,15168.717.34$8,448
Jul 200601,16969.376.34$7,415
Jun 200601,47966.286.38$9,442
May 2006036866.016.42$2,364
Apr 2006062864.397.36$4,622
Mar 200601,82156.707.08$12,898
Feb 200602,56557.597.75$19,882
Jan 200602,05960.598.93$18,394
Dec 2005092454.9413.42$12,396
Nov 200502,05054.6910.59$21,706
Oct 200502,33858.3413.80$32,254
Sep 200503,65861.4512.08$44,185
Aug 200503,84061.519.80$37,620
Jul 200503,85155.697.84$30,206
Jun 200504,61352.337.38$34,049
May 200501,70345.226.65$11,327
Apr 2005078949.207.36$5,807
Mar 2005097750.377.15$6,990
Feb 200501,09045.226.31$6,880
Jan 2005041743.166.32$2,636
Dec 2004057239.866.75$3,862
Nov 2004080545.286.33$5,096
Oct 200402,07649.706.52$13,525
Sep 200401,13543.245.28$5,997
Aug 200402,09942.375.55$11,651
Jul 200403,86638.286.08$23,521
Jun 200402,45936.106.43$15,819
May 200403,62137.486.49$23,517
Apr 200402,46734.475.86$14,453
Mar 2004097734.365.53$5,403
Feb 200402,54832.455.51$14,039
Jan 200402,97232.036.30$18,723
Dec 200302,98230.266.30$18,791
Nov 200302,88928.804.60$13,275
Oct 200303,02728.174.76$14,407
Sep 200303,11426.314.75$14,790
Aug 200303,13929.765.13$16,102
Jul 200303,25529.415.17$16,831
Jun 200302,99628.565.98$17,925
May 200302,86526.595.97$17,112
Apr 200303,84926.675.41$20,813
Mar 200303,00731.146.10$18,331
Feb 200301,72233.487.93$13,648
Jan 200303,58330.315.58$20,000
Dec 200204,12226.914.85$20,007
Nov 200203,95424.664.14$16,358
Oct 200201,41226.464.23$5,972
Sep 200201,47027.443.64$5,344
Aug 200202,69525.963.16$8,527
Jul 200204,01824.583.06$12,302
Jun 200203,72423.733.34$12,432
May 200204,11224.663.58$14,737
Apr 200203,96223.653.51$13,916
Mar 200204,25422.003.10$13,199
Feb 200203,77618.222.38$8,971
Jan 200204,38017.172.38$10,405
Dec 200105,01416.932.36$11,855
Nov 200101,95518.072.41$4,703
Oct 200102,94619.782.53$7,450
Sep 200104,49224.262.25$10,113
Aug 200104,91624.873.05$15,009
Jul 200102,93723.933.20$9,390
Jun 200103,12024.563.82$11,931
May 200102,82025.524.31$12,147
Apr 200102,93124.685.34$15,638
Mar 200103,10024.545.38$16,667
Feb 200102,40827.755.77$13,887
Jan 200102,81927.478.40$23,676
Dec 200003,20826.889.12$29,265
Nov 200003,03232.215.66$17,155
Oct 200005,43931.235.15$27,986
Sep 200004,74131.875.19$24,589
Aug 200004,42829.644.54$20,106
Jul 200005,01428.534.09$20,506
Jun 200004,90829.304.40$21,582
May 200004,93927.263.68$18,174
Apr 200004,94524.513.12$15,409
Mar 200005,06428.422.86$14,482
Feb 200003,20827.622.73$8,747
Jan 200004,61025.272.48$11,435
Dec 199905,10324.282.42$12,368
Nov 199905,52023.192.43$13,436
Oct 199906,00020.982.80$16,822
Sep 199905,87721.752.62$15,391
Aug 199906,12419.262.88$17,610
Jul 199906,02117.892.37$14,284
Jun 199906,03715.942.36$14,260
May 199906,48815.792.32$15,059
Apr 199906,36615.102.21$14,056
Mar 199906,52312.471.84$11,991
Feb 199906,1169.981.82$11,118
Jan 199907,14410.381.90$13,573
Dec 199807,3419.201.77$13,018
Nov 199806,97010.892.19$15,234
Oct 199807,23512.421.97$14,247
Sep 199807,06512.592.08$14,714
Aug 199807,55211.301.91$14,404
Jul 199807,49911.742.24$16,777
Jun 199807,72011.242.24$17,272
May 199808,13312.622.21$17,944
Apr 199808,68113.042.51$21,749
Mar 199808,68512.802.31$20,057
Feb 199807,22213.952.30$16,604
Jan 199808,32414.702.15$17,936
Dec 199708,33416.322.41$20,094
Nov 1997010,28118.193.09$31,750
Oct 1997010,94819.253.15$34,484
Sep 199709,28317.742.95$27,430
Aug 1997010,96617.862.55$28,015
Jul 1997012,75217.582.25$28,653
Jun 1997013,70717.242.26$30,939
May 1997015,83718.972.31$36,560
Apr 1997016,36317.882.08$34,081
Mar 1997019,91718.951.94$38,622
Feb 1997021,12220.492.21$46,593
Jan 1997032,21123.483.54$114,017
Dec 1996028,89123.32$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.

Sep 2012 — as filed, then multipliedworked
Condensate             3 bbl  × $ 94.67 =       $284
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                     $284

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/161362 is the state's own key, not one this site invented.