OWINGS HEIRS

Name: OWINGS HEIRS lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ARCADIA EXPL. & PROD. COMPANY (P-5 28724) in the TALCO field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10190District 06Field 88207001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$668 k

Jan 1993 – Jul 2010

Value, last 12 filed months

at the published price for each month

Months reported

211

no gaps in the span

Streams

oil, casinghead gas

The TALCO field

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 229 leases and 1,675 wells, and the rule below applies to all of them.

Discovered

1936-03-16

as the register files it

Field class

Oil

the register's own label

Between wells

0 ft

minimum

From a lease line

233 ft

minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2012-11-06.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “NON-CURRENT RESTR.REMOVED ALSO FOR API#(159-30200,30572)-HAGANSPOR”

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.

Stream	Basis	Volume	Value
Oil	Disposition	37,172 bbl	$667,584
Casinghead gas	Production	21 Mcf	$0
Total			$667,584

21 Mcf of this lease's gas, across 21 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 33.3573, -95.1089. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.35731, -95.10890 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

4,385 ft

1 wells filed one

Completion to plug

29.8 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 4,385 ft.

Completions filed

Nov 1979

1 of 1 wells

Plug dates filed

Aug 2009

1 of 1 wells

Last completion to plug: a median of 29.8 years across the 1 well that filed both dates, with the middle half between 29.8 years and 29.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-44930218	1	4,385 ft	Nov 1979	Aug 2009	Yes

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 (211)

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

211 months


Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	75	0	101.76	7.88	$7,632
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	156	0	45.22	6.65	$7,054
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	38	0	42.37	5.55	$1,610
Jul 2004	78	0	38.28	6.08	$2,986
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	115	0	29.76	5.13	$3,422
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	148	0	26.59	5.97	$3,935
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	137	0	31.14	6.10	$4,266
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	158	0	30.31	5.58	$4,789
Dec 2002	164	0	26.91	4.85	$4,413
Nov 2002	163	0	24.66	4.14	$4,020
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	158	0	27.44	3.64	$4,336
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	325	0	24.58	3.06	$7,989
Jun 2002	159	0	23.73	3.34	$3,773
May 2002	177	0	24.66	3.58	$4,365
Apr 2002	168	0	23.65	3.51	$3,973
Mar 2002	159	0	22.00	3.10	$3,498
Feb 2002	173	0	18.22	2.38	$3,152
Jan 2002	343	0	17.17	2.38	$5,889
Dec 2001	149	0	16.93	2.36	$2,523
Nov 2001	374	0	18.07	2.41	$6,758
Oct 2001	160	0	19.78	2.53	$3,165
Sep 2001	301	0	24.26	2.25	$7,302
Aug 2001	357	0	24.87	3.05	$8,879
Jul 2001	360	0	23.93	3.20	$8,615
Jun 2001	152	0	24.56	3.82	$3,733
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	51	0	27.75	5.77	$1,415
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	120	0	31.87	5.19	$3,824
Aug 2000	153	0	29.64	4.54	$4,535
Jul 2000	276	0	28.53	4.09	$7,874
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	223	0	24.51	3.12	$5,466
Mar 2000	298	0	28.42	2.86	$8,469
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	164	0	24.28	2.42	$3,982
Nov 1999	313	0	23.19	2.43	$7,258
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	128	0	21.75	2.62	$2,784
Aug 1999	157	0	19.26	2.88	$3,024
Jul 1999	294	0	17.89	2.37	$5,260
Jun 1999	305	0	15.94	2.36	$4,862
May 1999	161	0	15.79	2.32	$2,542
Apr 1999	317	0	15.10	2.21	$4,787
Mar 1999	295	0	12.47	1.84	$3,679
Feb 1999	348	0	9.98	1.82	$3,473
Jan 1999	304	0	10.38	1.90	$3,156
Dec 1998	309	0	9.20	1.77	$2,843
Nov 1998	329	0	10.89	2.19	$3,583
Oct 1998	305	0	12.42	1.97	$3,788
Sep 1998	158	0	12.59	2.08	$1,989
Aug 1998	297	0	11.30	1.91	$3,356
Jul 1998	332	0	11.74	2.24	$3,898
Jun 1998	329	0	11.24	2.24	$3,698
May 1998	347	0	12.62	2.21	$4,379
Apr 1998	319	0	13.04	2.51	$4,160
Mar 1998	328	0	12.80	2.31	$4,198
Feb 1998	347	0	13.95	2.30	$4,841
Jan 1998	336	0	14.70	2.15	$4,939
Dec 1997	506	0	16.32	2.41	$8,258
Nov 1997	353	0	18.19	3.09	$6,421
Oct 1997	353	0	19.25	3.15	$6,795
Sep 1997	320	0	17.74	2.95	$5,677
Aug 1997	321	0	17.86	2.55	$5,733
Jul 1997	363	0	17.58	2.25	$6,382
Jun 1997	265	0	17.24	2.26	$4,569
May 1997	480	0	18.97	2.31	$9,106
Apr 1997	310	0	17.88	2.08	$5,543
Mar 1997	304	0	18.95	1.94	$5,761
Feb 1997	342	0	20.49	2.21	$7,008
Jan 1997	273	0	23.48	3.54	$6,410
Dec 1996	468	0	23.32	—	$10,914
Nov 1996	312	0	21.97	—	$6,855
Oct 1996	362	0	23.31	—	$8,438
Sep 1996	341	0	22.22	—	$7,577
Aug 1996	337	0	20.26	—	$6,828
Jul 1996	240	0	19.55	—	$4,692
Jun 1996	472	0	18.73	—	$8,841
May 1996	351	0	19.43	—	$6,820
Apr 1996	319	0	21.51	—	$6,862
Mar 1996	460	0	19.38	—	$8,915
Feb 1996	337	0	16.98	—	$5,722
Jan 1996	497	0	17.07	—	$8,484
Dec 1995	382	0	17.19	—	$6,567
Nov 1995	357	0	16.00	—	$5,712
Oct 1995	347	0	15.43	—	$5,354
Sep 1995	516	0	16.18	—	$8,349
Aug 1995	352	0	15.92	—	$5,604
Jul 1995	487	0	15.24	—	$7,422
Jun 1995	518	0	16.41	—	$8,500
May 1995	523	0	17.56	—	$9,184
Apr 1995	337	0	17.73	—	$5,975
Mar 1995	521	0	16.44	—	$8,565
Feb 1995	473	0	16.58	—	$7,842
Jan 1995	546	0	15.92	—	$8,692
Dec 1994	489	0	15.03	—	$7,350
Nov 1994	310	0	15.90	—	$4,929
Oct 1994	555	0	15.58	—	$8,647
Sep 1994	358	1	15.29	—	$5,474
Aug 1994	437	1	16.13	—	$7,049
Jul 1994	437	1	17.56	—	$7,674
Jun 1994	343	1	17.09	—	$5,862
May 1994	518	1	15.88	—	$8,226
Apr 1994	473	1	14.14	—	$6,688
Mar 1994	379	1	12.46	—	$4,722
Feb 1994	537	1	12.50	—	$6,713
Jan 1994	322	1	12.66	—	$4,077
Dec 1993	642	1	12.33	—	$7,916
Nov 1993	372	1	14.49	—	$5,390
Oct 1993	367	1	15.85	—	$5,817
Sep 1993	461	1	15.03	—	$6,929
Aug 1993	464	1	15.66	—	$7,266
Jul 1993	538	1	15.46	—	$8,317
Jun 1993	441	1	16.79	—	$7,404
May 1993	494	1	17.68	—	$8,734
Apr 1993	562	1	18.05	—	$10,144
Mar 1993	374	1	18.14	—	$6,784
Feb 1993	343	1	17.90	—	$6,140
Jan 1993	521	1	16.93	—	$8,821

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 2008 — as filed, then multipliedworked

Oil                   75 bbl  × $101.76 =     $7,632
Casinghead gas         0 Mcf  × $  7.88 =         $0

────────────────────────────────────────────────────
Month total                                   $7,632

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/O/10190 is the state's own key, not one this site invented.