EATON "B"

Operated by OLSEN ENERGY INC. (P-5 621750) in the PECOS VALLEY, EAST (MONTOYA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 178108District 08Field 70130666CondensateGasSaveExport
Value, all time
$1.4 M
Apr 2000 – Jul 2012
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
148
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1950-11-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition2,208 bbl$102,696
GasProduction211,804 Mcf$1,306,972
Total$1,409,668

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 31.1984, -102.7715. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.19842, -102.77148 · 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
8,061 ft
1 wells filed one
Completion to plug
11.8 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 8,061 ft.

Completions filed
Apr 2000
1 of 1 wells
Plug dates filed
Jan 2012
1 of 1 wells

Last completion to plug: a median of 11.8 years across the 1 well that filed both dates, with the middle half between 11.8 years and 11.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3710038518,061 ftApr 2000Jan 2012Yes

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 (148)

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

148 months

Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 201242091.612.49$3,848
Apr 201200101.652.00$0
Mar 2012430105.052.22$4,517
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 201101994.144.52$86
Jun 201101292.904.64$56
May 201103798.134.40$163
Apr 2011055105.964.33$238
Mar 2011013596.364.06$548
Feb 2011013785.644.18$573
Jan 2011014986.504.59$684
Dec 2010017585.734.35$761
Nov 2010019080.843.80$721
Oct 2010022978.103.51$804
Sep 2010042272.633.98$1,679
Aug 2010098473.684.42$4,349
Jul 2010033472.554.74$1,582
Jun 2010065470.364.91$3,211
May 201001,24171.124.24$5,256
Apr 201001,86681.694.12$7,693
Mar 20101692,27178.394.39$23,215
Feb 201001,28973.585.44$7,015
Jan 201001,66274.365.96$9,912
Dec 2009062671.445.48$3,433
Nov 200901,23774.593.75$4,641
Oct 200901,82572.544.11$7,501
Sep 200901,32965.543.06$4,073
Aug 200901,27967.423.22$4,116
Jul 2009093861.133.46$3,250
Jun 200901,01966.163.90$3,969
May 200901,69054.743.93$6,635
Apr 2009041646.773.59$1,492
Mar 2009021342.144.06$865
Feb 2009021732.814.63$1,005
Jan 2009039435.865.37$2,116
Dec 2008059437.105.98$3,550
Nov 2008049655.496.86$3,403
Oct 2008042975.246.92$2,970
Sep 20080450101.767.88$3,545
Aug 20080516114.228.48$4,377
Jul 20080425131.0811.39$4,841
Jun 20080788131.3313.03$10,270
May 200801,611123.1711.57$18,646
Apr 200801,783110.3110.45$18,641
Mar 200801,932101.909.66$18,671
Feb 200801,64492.538.77$14,419
Jan 200801,96590.388.21$16,124
Dec 200701,87388.337.30$13,677
Nov 20071571,82491.677.29$27,692
Oct 200701,82082.856.92$12,598
Sep 200701,85075.846.24$11,552
Aug 200701,81569.066.39$11,594
Jul 200701,85270.906.39$11,830
Jun 200702,03062.007.55$15,323
May 200702,14058.747.85$16,791
Apr 200701,96659.617.81$15,345
Mar 200702,29056.927.30$16,722
Feb 200702,07255.108.22$17,024
Jan 20071691,73150.306.73$20,145
Dec 200602,06756.656.92$14,300
Nov 200601,95054.207.62$14,854
Oct 200601,98854.906.01$11,955
Sep 200601,65460.085.04$8,332
Aug 200601,66668.717.34$12,228
Jul 200601,93269.376.34$12,254
Jun 200601,81466.286.38$11,580
May 20061502,12366.016.42$23,542
Apr 200601,74464.397.36$12,837
Mar 200602,50156.707.08$17,714
Feb 200601,16857.597.75$9,053
Jan 200601,09260.598.93$9,755
Dec 200501,76954.9413.42$23,732
Nov 200501,70354.6910.59$18,032
Oct 200501,88958.3413.80$26,060
Sep 200501,92861.4512.08$23,288
Aug 200502,66761.519.80$26,128
Jul 200502,68055.697.84$21,021
Jun 200502,67052.337.38$19,707
May 20051762,87745.226.65$27,094
Apr 200502,88449.207.36$21,228
Mar 200502,97350.377.15$21,271
Feb 200502,70045.226.31$17,042
Jan 200503,24743.166.32$20,528
Dec 200403,21339.866.75$21,691
Nov 20041663,44545.286.33$29,325
Oct 200402,50349.706.52$16,307
Sep 200402,58543.245.28$13,659
Aug 200402,72042.375.55$15,098
Jul 200402,82338.286.08$17,176
Jun 200402,96136.106.43$19,048
May 20041603,23437.486.49$27,000
Apr 200402,93834.475.86$17,212
Mar 200403,55334.365.53$19,649
Feb 200402,45632.455.51$13,532
Jan 20041662,74632.036.30$22,616
Dec 200302,12030.266.30$13,359
Nov 200302,77128.804.60$12,733
Oct 200302,24828.174.76$10,700
Sep 20031662,14226.314.75$14,541
Aug 200301,71429.765.13$8,792
Jul 200301,88229.415.17$9,732
Jun 200302,82028.565.98$16,872
May 200302,67726.595.97$15,989
Apr 2003222,88126.675.41$16,165
Mar 2003221,80631.146.10$11,695
Feb 200301,44333.487.93$11,437
Jan 20031701,65230.315.58$14,374
Dec 200202,20226.914.85$10,688
Nov 200201,84024.664.14$7,612
Oct 200202,29626.464.23$9,710
Sep 200202,43327.443.64$8,844
Aug 200202,20225.963.16$6,967
Jul 200203,03824.583.06$9,302
Jun 200203,30423.733.34$11,030
May 20021942,86024.663.58$15,034
Apr 200202,36123.653.51$8,293
Mar 2002063122.003.10$1,958
Feb 2002026218.222.38$622
Jan 2002072417.172.38$1,720
Dec 2001074316.932.36$1,757
Nov 2001062118.072.41$1,494
Oct 2001076919.782.53$1,945
Sep 2001076024.262.25$1,711
Aug 200118971124.873.05$6,871
Jul 2001064623.933.20$2,065
Jun 2001088524.563.82$3,384
May 2001101,04425.524.31$4,752
Apr 2001091424.685.34$4,876
Mar 2001161,20124.545.38$6,850
Feb 2001553627.755.77$3,230
Jan 200191,12127.478.40$9,662
Dec 2000373026.889.12$6,740
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000032429.644.54$1,471
Jul 200001,25228.534.09$5,120
Jun 200001,69629.304.40$7,458
May 200041,73927.263.68$6,508
Apr 20000024.513.12$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 2012 — as filed, then multipliedworked
Condensate            42 bbl  × $ 91.61 =     $3,848
Gas                    0 Mcf  × $  2.49 =         $0

────────────────────────────────────────────────────
Month total                                   $3,848

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. 08/G/178108 is the state's own key, not one this site invented.