PRICE -B-

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

Gas lease lease 55449District 08Field 27946332Hydrogen sulphide fieldGasSaveExport
Value, all time
$1.3 M
Jan 1993 – Jan 2016
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
277
no gaps in the span
Streams
1
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 20 leases and 20 wells, and the rule below applies to all of them.

Discovered
1969-09-15
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

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: AOF-1 AND AOF-2 EFFECTIVE 06/01/96.

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
GasProduction354,029 Mcf$1,269,150
Total$1,269,150

78,644 Mcf of this lease's gas, across 48 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 31.0253, -102.2782. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.02533, -102.27821 · 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
4,800 ft
1 wells filed one
Completion to plug
7 months
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 4,800 ft.

Completions filed
Jun 2015
1 of 1 wells
Plug dates filed
Jan 2016
1 of 1 wells

Last completion to plug: a median of 7 months across the 1 well that filed both dates, with the middle half between 7 months and 7 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3713080714,800 ftJun 2015Jan 2016Yes

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 (277)

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

277 months

Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 201565249.822.71$1,765
Mar 20151,02442.892.93$3,005
Feb 201548844.662.98$1,452
Jan 201556643.433.10$1,755
Dec 201479554.693.59$2,855
Nov 201490170.464.25$3,831
Oct 20141,06978.303.90$4,170
Sep 20141,03886.164.05$4,199
Aug 201493189.394.04$3,757
Jul 201496196.564.18$4,017
Jun 201493098.164.74$4,405
May 201499094.734.73$4,679
Apr 20141,01695.944.81$4,886
Mar 201497095.895.06$4,905
Feb 20141,00797.406.19$6,235
Jan 20141,09490.404.86$5,318
Dec 20131,10091.824.35$4,790
Nov 201352488.853.74$1,959
Oct 20131,04997.423.78$3,965
Sep 20131,080104.113.72$4,015
Aug 20131,147104.253.52$4,040
Jul 20131,098102.523.72$4,082
Jun 20131,11894.403.93$4,398
May 20131,10494.834.15$4,581
Apr 20131,07893.964.28$4,617
Mar 20131,19893.623.91$4,688
Feb 20131,07691.233.42$3,680
Jan 20131,19091.603.42$4,070
Dec 20121,10286.773.42$3,769
Nov 20121,15386.953.62$4,180
Oct 20121,19889.383.40$4,073
Sep 20121,15194.672.92$3,359
Aug 20121,08792.662.91$3,161
Jul 201274885.133.02$2,260
Jun 20121,17579.822.52$2,960
May 20121,07691.612.49$2,677
Apr 20121,001101.652.00$1,999
Mar 20121,036105.052.22$2,302
Feb 20121,070101.102.57$2,750
Jan 20121,32298.092.73$3,614
Dec 20111,31196.873.24$4,247
Nov 20111,25995.723.31$4,169
Oct 20111,22584.983.65$4,469
Sep 20111,21883.623.99$4,855
Aug 20111,23783.404.15$5,133
Jul 20111,32794.144.52$5,994
Jun 20111,26692.904.64$5,874
May 20111,29298.134.40$5,691
Apr 20111,206105.964.33$5,226
Mar 20111,21396.364.06$4,922
Feb 20111,26285.644.18$5,275
Jan 201122786.504.59$1,042
Dec 201042885.734.35$1,861
Nov 20101,00580.843.80$3,814
Oct 20101,17478.103.51$4,119
Sep 20101,14372.633.98$4,549
Aug 20101,19173.684.42$5,263
Jul 20101,23572.554.74$5,850
Jun 20101,21470.364.91$5,961
May 20101,24371.124.24$5,264
Apr 201099481.694.12$4,098
Mar 201098078.394.39$4,301
Feb 201088473.585.44$4,811
Jan 20101,08174.365.96$6,447
Dec 20091,00771.445.48$5,522
Nov 20091,05674.593.75$3,962
Oct 20091,06372.544.11$4,369
Sep 20091,16165.543.06$3,558
Aug 20091,24167.423.22$3,994
Jul 20091,08961.133.46$3,773
Jun 20091,25366.163.90$4,880
May 20091,19054.743.93$4,672
Apr 20091,25046.773.59$4,484
Mar 20091,26142.144.06$5,118
Feb 20091,02632.814.63$4,753
Jan 20091,03935.865.37$5,580
Dec 20081,07837.105.98$6,443
Nov 20081,08555.496.86$7,443
Oct 20081,07175.246.92$7,413
Sep 20081,200101.767.88$9,453
Aug 20081,342114.228.48$11,384
Jul 20081,000131.0811.39$11,389
Jun 20081,147131.3313.03$14,948
May 20081,061123.1711.57$12,280
Apr 20081,104110.3110.45$11,542
Mar 20081,280101.909.66$12,370
Feb 20081,19592.538.77$10,481
Jan 20081,26390.388.21$10,364
Dec 20071,28588.337.30$9,383
Nov 20071,00291.677.29$7,306
Oct 20071,05482.856.92$7,296
Sep 20071,08175.846.24$6,750
Aug 20071,16069.066.39$7,410
Jul 200799670.906.39$6,362
Jun 20071,06262.007.55$8,016
May 20071,18958.747.85$9,329
Apr 20071,20859.617.81$9,429
Mar 20071,17156.927.30$8,551
Feb 200758955.108.22$4,839
Jan 200789450.306.73$6,014
Dec 20061,02156.656.92$7,064
Nov 20061,37454.207.62$10,466
Oct 20061,64054.906.01$9,863
Sep 20061,56760.085.04$7,893
Aug 20061,37668.717.34$10,100
Jul 20061,40569.376.34$8,912
Jun 20061,29066.286.38$8,235
May 20061,35666.016.42$8,712
Apr 20061,24064.397.36$9,127
Mar 200660256.707.08$4,264
Feb 200690157.597.75$6,984
Jan 20061,31960.598.93$11,783
Dec 20051,26554.9413.42$16,970
Nov 20051,46254.6910.59$15,480
Oct 20051,30258.3413.80$17,962
Sep 20051,60161.4512.08$19,338
Aug 200577461.519.80$7,583
Jul 200591055.697.84$7,138
Jun 200582252.337.38$6,067
May 20051,00945.226.65$6,711
Apr 200586949.207.36$6,396
Mar 200596550.377.15$6,904
Feb 20051,24545.226.31$7,858
Jan 20051,25743.166.32$7,947
Dec 20041,15339.866.75$7,784
Nov 200494845.286.33$6,001
Oct 20041,18349.706.52$7,707
Sep 20041,27143.245.28$6,716
Aug 200490142.375.55$5,001
Jul 20041,41338.286.08$8,597
Jun 20041,09636.106.43$7,051
May 200490237.486.49$5,858
Apr 200485834.475.86$5,027
Mar 200497534.365.53$5,392
Feb 20041,21532.455.51$6,694
Jan 20041,51432.036.30$9,538
Dec 200370430.266.30$4,436
Nov 20031,49128.804.60$6,851
Oct 20031,42928.174.76$6,802
Sep 20031,45926.314.75$6,929
Aug 20031,51329.765.13$7,761
Jul 20031,39829.415.17$7,229
Jun 20031,40528.565.98$8,406
May 20031,40726.595.97$8,404
Apr 20031,41126.675.41$7,630
Mar 20031,51231.146.10$9,217
Feb 20031,28233.487.93$10,161
Jan 20031,20530.315.58$6,726
Dec 200248026.914.85$2,330
Nov 200296424.664.14$3,988
Oct 20021,42626.464.23$6,031
Sep 20021,17827.443.64$4,282
Aug 20021,20025.963.16$3,797
Jul 20021,41324.583.06$4,326
Jun 20021,32723.733.34$4,430
May 20021,33324.663.58$4,777
Apr 20021,48323.653.51$5,209
Mar 20021,06022.003.10$3,289
Feb 200248918.222.38$1,162
Jan 200245817.172.38$1,088
Dec 200118516.932.36$437
Nov 20016518.072.41$156
Oct 20011,59219.782.53$4,026
Sep 20011,79324.262.25$4,037
Aug 20011,60124.873.05$4,888
Jul 20011,43023.933.20$4,572
Jun 20011,07124.563.82$4,096
May 20011,53725.524.31$6,620
Apr 20011,59524.685.34$8,510
Mar 20011,59124.545.38$8,554
Feb 20011,27727.755.77$7,365
Jan 20011,50127.478.40$12,607
Dec 20001,41626.889.12$12,917
Nov 20001,63832.215.66$9,268
Oct 20001,81131.235.15$9,319
Sep 20001,87631.875.19$9,730
Aug 20001,32729.644.54$6,026
Jul 20001,01928.534.09$4,167
Jun 2000029.304.40$0
May 200046627.263.68$1,715
Apr 200043824.513.12$1,365
Mar 20001,60128.422.86$4,578
Feb 20001,66727.622.73$4,545
Jan 20001,73025.272.48$4,291
Dec 19991,60924.282.42$3,900
Nov 19991,64123.192.43$3,994
Oct 19991,80120.982.80$5,049
Sep 19991,78221.752.62$4,667
Aug 19991,89619.262.88$5,452
Jul 19991,75017.892.37$4,152
Jun 19991,79015.942.36$4,228
May 19991,89315.792.32$4,394
Apr 19991,86215.102.21$4,111
Mar 19992,01512.471.84$3,704
Feb 19991,7299.981.82$3,143
Jan 19991,79610.381.90$3,412
Dec 19981,7439.201.77$3,091
Nov 19981,88810.892.19$4,127
Oct 19981,95212.421.97$3,844
Sep 19981,65712.592.08$3,451
Aug 19981,70011.301.91$3,243
Jul 19981,66511.742.24$3,725
Jun 19981,78111.242.24$3,985
May 19981,38812.622.21$3,062
Apr 19981,59713.042.51$4,001
Mar 19982,19712.802.31$5,074
Feb 19981,75613.952.30$4,037
Jan 19981,94814.702.15$4,198
Dec 19971,98416.322.41$4,784
Nov 19972,01818.193.09$6,232
Oct 19972,11619.253.15$6,665
Sep 19971,91317.742.95$5,653
Aug 19971,68917.862.55$4,315
Jul 19971,92417.582.25$4,323
Jun 19972,02817.242.26$4,578
May 19972,13818.972.31$4,936
Apr 19972,10617.882.08$4,386
Mar 19972,43618.951.94$4,724
Feb 19971,98720.492.21$4,383
Jan 19971,87423.483.54$6,633
Dec 19962,11723.32$0
Nov 19962,13421.97$0
Oct 19962,19423.31$0
Sep 19962,35922.22$0
Aug 19962,66320.26$0
Jul 19962,31319.55$0
Jun 19962,27718.73$0
May 19962,66819.43$0
Apr 19961,79621.51$0
Mar 19961,09119.38$0
Feb 199614616.98$0
Jan 199628617.07$0
Dec 19951,00917.19$0
Nov 19951,02816.00$0
Oct 199584615.43$0
Sep 199587716.18$0
Aug 19951,11815.92$0
Jul 19951,21615.24$0
Jun 19951,11016.41$0
May 19956717.56$0
Apr 199542017.73$0
Mar 19951,82216.44$0
Feb 19951,47016.58$0
Jan 19951,30215.92$0
Dec 19942,21715.03$0
Nov 199480715.90$0
Oct 19941,22515.58$0
Sep 19941,81715.29$0
Aug 19941,93316.13$0
Jul 19941,89017.56$0
Jun 19941,66017.09$0
May 19941,96915.88$0
Apr 19942,10114.14$0
Mar 19942,47312.46$0
Feb 199475912.50$0
Jan 19941,69712.66$0
Dec 19932,18612.33$0
Nov 19931,86414.49$0
Oct 19932,10415.85$0
Sep 19931,91215.03$0
Aug 19932,03015.66$0
Jul 19932,14615.46$0
Jun 19931,90216.79$0
May 19931,92517.68$0
Apr 19932,29618.05$0
Mar 19932,20118.14$0
Feb 19932,10817.90$0
Jan 19931,09316.93$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.

Apr 2015 — as filed, then multipliedworked
Gas                  652 Mcf  × $  2.71 =     $1,765

────────────────────────────────────────────────────
Month total                                   $1,765

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/55449 is the state's own key, not one this site invented.