SOUTHLAND ROYALTY

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

Gas lease lease 183127District 08Field 17438500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$2.1 M
Apr 2001 – Sep 2019
Value, last 12 filed months
$457
at the published price for each month
Months reported
222
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 60 leases and 60 wells, and the rule below applies to all of them.

Discovered
1958-11-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1979-05-14.

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: R.K.G. ENGINEERING, INC. REQUEST

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
CondensateDisposition117 bbl$7,035
GasProduction379,325 Mcf$2,101,793
Total$2,108,829

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 30.9579, -102.4581. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.95789, -102.45812 · 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
5,210 ft
1 wells filed one
Completion to plug
18.4 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 5,210 ft.

Completions filed
Apr 2001
1 of 1 wells
Plug dates filed
Sep 2019
1 of 1 wells

Last completion to plug: a median of 18.4 years across the 1 well that filed both dates, with the middle half between 18.4 years and 18.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3713701825,210 ftApr 2001Sep 2019Yes

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 (222)

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

222 months

Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 2018010046.594.19$419
Nov 20180552.934.24$21
Oct 20180561.443.40$17
Sep 20180559.543.11$16
Aug 20180559.403.07$15
Jul 20180465.142.93$12
Jun 20180460.183.08$12
May 201801465.382.90$41
Apr 201802463.842.90$70
Mar 2018020861.222.79$580
Feb 2018052061.782.77$1,438
Jan 2018050162.874.01$2,009
Dec 2017046057.272.92$1,344
Nov 2017011855.423.12$368
Oct 201709149.292.98$272
Sep 2017051547.523.09$1,590
Aug 2017090945.373.00$2,731
Jul 2017029243.873.09$901
Jun 2017054142.493.09$1,670
May 201701,09545.373.26$3,573
Apr 201701,28047.933.21$4,111
Mar 201701,80946.772.98$5,397
Feb 2017073550.452.95$2,170
Jan 201701,31149.413.42$4,482
Dec 201601,34948.763.72$5,022
Nov 201601,82742.492.64$4,831
Oct 201601,91146.193.09$5,905
Sep 201602,06341.553.10$6,397
Aug 2016048841.442.92$1,427
Jul 201601,40841.622.92$4,117
Jun 201601,88345.352.69$5,057
May 201601,36342.521.99$2,714
Apr 201601336.561.99$26
Mar 201602233.011.79$39
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015032338.792.17$700
Oct 2015020543.552.43$497
Sep 201506442.992.76$177
Aug 2015017640.162.87$506
Jul 2015010248.152.95$300
Jun 2015019956.152.88$574
May 201508355.212.96$245
Apr 2015018249.822.71$493
Mar 2015026142.892.93$766
Feb 2015016544.662.98$491
Jan 201517743.433.10$282
Dec 2014036354.693.59$1,304
Nov 201401370.464.25$55
Oct 2014011978.303.90$464
Sep 20140086.164.05$0
Aug 201401689.394.04$65
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014057095.944.81$2,741
Mar 201401,69995.895.06$8,592
Feb 201401,44597.406.19$8,947
Jan 201401,82990.404.86$8,890
Dec 201301,51291.824.35$6,584
Nov 201301,32688.853.74$4,957
Oct 201301,86397.423.78$7,041
Sep 201302,061104.113.72$7,662
Aug 201302,141104.253.52$7,542
Jul 201302,101102.523.72$7,811
Jun 201302,10594.403.93$8,280
May 201302,07894.834.15$8,622
Apr 201302,16993.964.28$9,289
Mar 201302,31793.623.91$9,066
Feb 201331,75691.233.42$6,279
Jan 201302,17991.603.42$7,452
Dec 201202,34586.773.42$8,020
Nov 201201,75486.953.62$6,358
Oct 201212,23689.383.40$7,691
Sep 201202,13094.672.92$6,216
Aug 201211,88392.662.91$5,569
Jul 201212,36585.133.02$7,229
Jun 201222,53879.822.52$6,553
May 2012052191.612.49$1,296
Apr 20120278101.652.00$555
Mar 201202,072105.052.22$4,604
Feb 201203,162101.102.57$8,127
Jan 201212,99598.092.73$8,287
Dec 201112,17596.873.24$7,143
Nov 201102,28695.723.31$7,570
Oct 201112,73984.983.65$10,078
Sep 201102,73083.623.99$10,881
Aug 201103,12783.404.15$12,975
Jul 201102,12194.144.52$9,581
Jun 201102,02192.904.64$9,377
May 201102,20998.134.40$9,730
Apr 201152,124105.964.33$9,734
Mar 201152,30296.364.06$9,822
Feb 201132,06485.644.18$8,884
Jan 201131,56586.504.59$7,441
Dec 2010298885.734.35$4,467
Nov 2010037180.843.80$1,408
Oct 2010041778.103.51$1,463
Sep 2010025172.633.98$999
Aug 2010016373.684.42$720
Jul 2010033172.554.74$1,568
Jun 2010033070.364.91$1,620
May 2010051271.124.24$2,168
Apr 201001,13381.694.12$4,671
Mar 201012,33878.394.39$10,339
Feb 201002,70073.585.44$14,694
Jan 201003,13674.365.96$18,703
Dec 200902,94371.445.48$16,139
Nov 200902,91274.593.75$10,924
Oct 200902,98472.544.11$12,265
Sep 200902,86065.543.06$8,765
Aug 200901,88267.423.22$6,057
Jul 200902,91061.133.46$10,082
Jun 200912,62566.163.90$10,291
May 200902,99354.743.93$11,750
Apr 200901,14246.773.59$4,097
Mar 2009028842.144.06$1,169
Feb 200904532.814.63$208
Jan 2009046735.865.37$2,508
Dec 2008040037.105.98$2,391
Nov 2008043155.496.86$2,957
Oct 200801,30775.246.92$9,047
Sep 200801,135101.767.88$8,941
Aug 200802,773114.228.48$23,523
Jul 200813,845131.0811.39$43,923
Jun 200803,454131.3313.03$45,015
May 200802,815123.1711.57$32,582
Apr 200803,170110.3110.45$33,142
Mar 200804,657101.909.66$45,006
Feb 200833,04892.538.77$27,010
Jan 200803,12490.388.21$25,635
Dec 200703,07988.337.30$22,483
Nov 200713,55791.677.29$26,028
Oct 200703,14582.856.92$21,770
Sep 200701,71075.846.24$10,678
Aug 200702,83669.066.39$18,116
Jul 200702,92270.906.39$18,666
Jun 200702,30062.007.55$17,361
May 200702,31558.747.85$18,164
Apr 200701,75459.617.81$13,690
Mar 200702,14356.927.30$15,648
Feb 200701,36955.108.22$11,248
Jan 200702,37550.306.73$15,976
Dec 200602,37656.656.92$16,438
Nov 200602,16854.207.62$16,515
Oct 200602,29154.906.01$13,778
Sep 200602,26460.085.04$11,404
Aug 200602,80368.717.34$20,574
Jul 200602,70569.376.34$17,157
Jun 200602,32966.286.38$14,868
May 200652,27666.016.42$14,953
Apr 200602,49164.397.36$18,335
Mar 200603,12256.707.08$22,113
Feb 200601,96757.597.75$15,246
Jan 200671,57960.598.93$14,530
Dec 200501,86554.9413.42$25,020
Nov 200502,99554.6910.59$31,712
Oct 200502,38358.3413.80$32,875
Sep 200552,67361.4512.08$32,594
Aug 200501,64061.519.80$16,067
Jul 200522,79655.697.84$22,042
Jun 200573,95552.337.38$29,558
May 200553,65045.226.65$24,503
Apr 200541,81549.207.36$13,556
Mar 200521,09450.377.15$7,928
Feb 200531,21045.226.31$7,773
Jan 200542,05543.166.32$13,165
Dec 200402,79039.866.75$18,836
Nov 200442,45745.286.33$15,735
Oct 200403,64849.706.52$23,767
Sep 200402,81343.245.28$14,864
Aug 200402,50042.375.55$13,877
Jul 200472,95738.286.08$18,259
Jun 200433,52836.106.43$22,804
May 200493,66937.486.49$24,166
Apr 200403,52734.475.86$20,663
Mar 200401,62134.365.53$8,964
Feb 200422,94032.455.51$16,263
Jan 200423,40032.036.30$21,483
Dec 200393,32430.266.30$21,219
Nov 200302,60028.804.60$11,947
Oct 200303,20528.174.76$15,255
Sep 200302,98326.314.75$14,167
Aug 200302,08729.765.13$10,706
Jul 200303,37029.415.17$17,426
Jun 200303,85928.565.98$23,088
May 200303,76326.595.97$22,475
Apr 200303,88526.675.41$21,007
Mar 200304,20531.146.10$25,634
Feb 200303,51633.487.93$27,867
Jan 200304,65330.315.58$25,973
Dec 200204,52626.914.85$21,968
Nov 200202,77924.664.14$11,497
Oct 200204,45726.464.23$18,849
Sep 200204,66627.443.64$16,962
Aug 200204,60725.963.16$14,577
Jul 200204,40824.583.06$13,496
Jun 200202,34823.733.34$7,838
May 200201,80424.663.58$6,466
Apr 200201,37323.653.51$4,822
Mar 2002085222.003.10$2,644
Feb 2002085118.222.38$2,022
Jan 2002091017.172.38$2,162
Dec 2001086216.932.36$2,038
Nov 2001073418.072.41$1,766
Oct 2001082319.782.53$2,081
Sep 200101,23524.262.25$2,780
Aug 200101,02824.873.05$3,139
Jul 200101,34323.933.20$4,294
Jun 200101,45024.563.82$5,545
May 2001098025.524.31$4,221
Apr 2001098324.685.34$5,245

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.

Dec 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 46.59 =         $0
Gas                  100 Mcf  × $  4.19 =       $419

────────────────────────────────────────────────────
Month total                                     $419

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/183127 is the state's own key, not one this site invented.