OAKWOOD ESTATES

Operated by CAMTERRA RESOURCES, INC. (P-5 129004) in the WOODLAWN, SW. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 224252District 06Field 985704002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Oct 2006 – Feb 2015
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
101
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 68 leases and 68 wells, and the rule below applies to all of them.

Discovered
1977-10-20
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 2014-11-13.

The Commission's schedule remark for this field reads: ADOPTED, BUT REMAINS SUSPENDED.

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 Gas112009-09-14192094
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
CondensateDisposition665 bbl$58,573
GasProduction211,440 Mcf$1,250,771
Total$1,309,345

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 32.4987, -94.3715. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.49870, -94.37152 · 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
10,375 ft
1 wells filed one
Completion to plug
7.6 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 10,375 ft.

Completions filed
Oct 2006
1 of 1 wells
Plug dates filed
May 2014
1 of 1 wells

Last completion to plug: a median of 7.6 years across the 1 well that filed both dates, with the middle half between 7.6 years and 7.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20333535110,375 ftOct 2006May 2014Yes

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 (101)

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

101 months

Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
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 201410411595.944.81$10,531
Mar 2014090695.895.06$4,581
Feb 2014039997.406.19$2,471
Jan 201401,15290.404.86$5,600
Dec 201301,11991.824.35$4,873
Nov 2013080488.853.74$3,006
Oct 2013087597.423.78$3,307
Sep 20130846104.113.72$3,145
Aug 20130933104.253.52$3,287
Jul 20130970102.523.72$3,606
Jun 2013093494.403.93$3,674
May 2013098494.834.15$4,083
Apr 2013099593.964.28$4,261
Mar 2013095193.623.91$3,721
Feb 20131881,02391.233.42$20,650
Jan 201301,12891.603.42$3,858
Dec 201201,10586.773.42$3,779
Nov 201201,21486.953.62$4,401
Oct 2012099889.383.40$3,393
Sep 2012075894.672.92$2,212
Aug 201201,13992.662.91$3,312
Jul 2012089285.133.02$2,695
Jun 201201,04779.822.52$2,637
May 201201,39191.612.49$3,461
Apr 201201,628101.652.00$3,251
Mar 201202,037105.052.22$4,526
Feb 201201,982101.102.57$5,094
Jan 201202,12298.092.73$5,802
Dec 201102,14796.873.24$6,956
Nov 201101,76795.723.31$5,851
Oct 201101,86284.983.65$6,794
Sep 201101,50283.623.99$5,987
Aug 201101,28283.404.15$5,319
Jul 201101,49294.144.52$6,740
Jun 201101,36892.904.64$6,347
May 201101,66098.134.40$7,312
Apr 201101,548105.964.33$6,708
Mar 201102,15996.364.06$8,760
Feb 201102,06185.644.18$8,615
Jan 201102,27686.504.59$10,444
Dec 20101882,42185.734.35$26,643
Nov 201002,33780.843.80$8,870
Oct 201001,79578.103.51$6,298
Sep 201001,74472.633.98$6,940
Aug 201001,97173.684.42$8,711
Jul 201001,47672.554.74$6,991
Jun 201001,82270.364.91$8,947
May 201001,78071.124.24$7,539
Apr 201001,92481.694.12$7,932
Mar 201002,12378.394.39$9,317
Feb 201002,11473.585.44$11,505
Jan 201002,53974.365.96$15,143
Dec 200902,18171.445.48$11,960
Nov 200901,90874.593.75$7,158
Oct 200902,24372.544.11$9,219
Sep 200902,33565.543.06$7,156
Aug 200902,47967.423.22$7,979
Jul 200902,38761.133.46$8,270
Jun 200902,37666.163.90$9,255
May 200902,56954.743.93$10,085
Apr 200902,60046.773.59$9,328
Mar 200902,84642.144.06$11,552
Feb 200901,50632.814.63$6,977
Jan 200901,13835.865.37$6,112
Dec 200802,04837.105.98$12,241
Nov 200801,03155.496.86$7,073
Oct 200801575.246.92$104
Sep 200802,687101.767.88$21,166
Aug 200802,607114.228.48$22,115
Jul 200802,413131.0811.39$27,483
Jun 200802,930131.3313.03$38,186
May 200803,337123.1711.57$38,623
Apr 200803,171110.3110.45$33,152
Mar 200803,585101.909.66$34,646
Feb 200802,48392.538.77$21,777
Jan 200802,26990.388.21$18,619
Dec 200703,23288.337.30$23,600
Nov 200703,65391.677.29$26,637
Oct 20071853,98882.856.92$42,932
Sep 200704,34075.846.24$27,100
Aug 200704,39469.066.39$28,069
Jul 200704,77870.906.39$30,522
Jun 200704,78562.007.55$36,119
May 200704,61958.747.85$36,242
Apr 200704,54059.617.81$35,436
Mar 200705,61856.927.30$41,022
Feb 200706,10755.108.22$50,175
Jan 200705,55050.306.73$37,334
Dec 200607,82056.656.92$54,102
Nov 2006010,08254.207.62$76,799
Oct 200607,17354.906.01$43,137

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.

Apr 2014 — as filed, then multipliedworked
Condensate           104 bbl  × $ 95.94 =     $9,978
Gas                  115 Mcf  × $  4.81 =       $553

────────────────────────────────────────────────────
Month total                                  $10,531

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/224252 is the state's own key, not one this site invented.