MERCHANT STATE

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

Oil lease lease 24582District 08Field 53009500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – Jul 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
307
no gaps in the span
Streams
2
oil, casinghead 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 8 leases and 17 wells, and the rule below applies to all of them.

Discovered
1977-01-26
as the register files it
Field class
Oil
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.

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
OilDisposition32,940 bbl$1,064,275
Casinghead gasProduction5,850 Mcf$0
Total$1,064,275

5,850 Mcf of this lease's gas, across 36 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 (4)

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 31.1163, -102.6795. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.11661, -102.67909 · 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%
4 of 4 wells
With a plug date
75.0%
3 of 4 wells
Median depth
4,824 ft
4 wells filed one
Completion to plug
25.2 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
375.0%
BothOn the schedule and plugged. Neither fact cancels the other.
375.0%
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

Between 4,730 and 4,965 ft, median 4,824 ft, over the 4 wells that filed a depth.

Completions filed
Jun 1977 – Jun 1995
4 of 4 wells
Plug dates filed
May 2003 – May 2018
3 of 4 wells; 1 filed none

Last completion to plug: a median of 25.2 years across the 3 wells that filed both dates, with the middle half between 16.6 years and 33.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-3713237644,900 ftJun 1995May 2003Yes
42-3713233924,748 ftApr 1978Yes
42-3713246054,965 ftMar 1978May 2003Yes
42-3713186614,730 ftJun 1977May 2018Yes

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 (307)

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

307 months

Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201541049.822.71$2,043
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 201560043.433.10$2,606
Dec 20140054.693.59$0
Nov 2014121070.464.25$8,526
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 201462089.394.04$5,542
Jul 201463096.564.18$6,083
Jun 201461098.164.74$5,988
May 201463094.734.73$5,968
Apr 201462095.944.81$5,948
Mar 201463095.895.06$6,041
Feb 201463097.406.19$6,136
Jan 201462090.404.86$5,605
Dec 2013127091.824.35$11,661
Nov 201362088.853.74$5,509
Oct 201363097.423.78$6,137
Sep 20131240104.113.72$12,910
Aug 2013620104.253.52$6,464
Jul 2013590102.523.72$6,049
Jun 201361094.403.93$5,758
May 201360094.834.15$5,690
Apr 201361093.964.28$5,732
Mar 201362093.623.91$5,804
Feb 201361091.233.42$5,565
Jan 201361091.603.42$5,588
Dec 201261086.773.42$5,293
Nov 201262086.953.62$5,391
Oct 2012124089.383.40$11,083
Sep 20120094.672.92$0
Aug 2012124092.662.91$11,490
Jul 201261085.133.02$5,193
Jun 2012121079.822.52$9,658
May 20120091.612.49$0
Apr 20121210101.652.00$12,300
Mar 201200105.052.22$0
Feb 20121220101.102.57$12,334
Jan 201257098.092.73$5,591
Dec 201162096.873.24$6,006
Nov 201161095.723.31$5,839
Oct 20110084.983.65$0
Sep 201161083.623.99$5,101
Aug 2011118083.404.15$9,841
Jul 201161094.144.52$5,743
Jun 201161092.904.64$5,667
May 201158098.134.40$5,692
Apr 2011620105.964.33$6,570
Mar 2011124096.364.06$11,949
Feb 201159085.644.18$5,053
Jan 201163086.504.59$5,450
Dec 2010123085.734.35$10,545
Nov 201061080.843.80$4,931
Oct 201062078.103.51$4,842
Sep 201062072.633.98$4,503
Aug 201062073.684.42$4,568
Jul 201062072.554.74$4,498
Jun 201061070.364.91$4,292
May 2010123071.124.24$8,748
Apr 201062081.694.12$5,065
Mar 201061078.394.39$4,782
Feb 201060073.585.44$4,415
Jan 20100074.365.96$0
Dec 200961071.445.48$4,358
Nov 200961074.593.75$4,550
Oct 2009120072.544.11$8,705
Sep 200960065.543.06$3,932
Aug 200961067.423.22$4,113
Jul 20090061.133.46$0
Jun 200961066.163.90$4,036
May 200962054.743.93$3,394
Apr 2009121046.773.59$5,659
Mar 200960042.144.06$2,528
Feb 2009119032.814.63$3,904
Jan 2009119035.865.37$4,267
Dec 200860037.105.98$2,226
Nov 200861055.496.86$3,385
Oct 2008120075.246.92$9,029
Sep 2008620101.767.88$6,309
Aug 20081210114.228.48$13,821
Jul 2008600131.0811.39$7,865
Jun 20081190131.3313.03$15,628
May 2008580123.1711.57$7,144
Apr 2008570110.3110.45$6,288
Mar 20081880101.909.66$19,157
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 200756091.677.29$5,134
Oct 200758082.856.92$4,805
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 200758070.906.39$4,112
Jun 2007174062.007.55$10,788
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 200763056.927.30$3,586
Feb 200758055.108.22$3,196
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 200659054.207.62$3,198
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006168068.717.34$11,543
Jul 20060069.376.34$0
Jun 200657066.286.38$3,778
May 2006173066.016.42$11,420
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 200659060.598.93$3,575
Dec 200555054.9413.42$3,022
Nov 20050054.6910.59$0
Oct 2005107058.3413.80$6,242
Sep 20050061.4512.08$0
Aug 200587061.519.80$5,351
Jul 200551055.697.84$2,840
Jun 20050052.337.38$0
May 200557045.226.65$2,578
Apr 200561049.207.36$3,001
Mar 2005111050.377.15$5,591
Feb 200561045.226.31$2,758
Jan 2005114043.166.32$4,920
Dec 20040039.866.75$0
Nov 200462045.286.33$2,807
Oct 20040049.706.52$0
Sep 2004122043.245.28$5,275
Aug 200455042.375.55$2,330
Jul 200457038.286.08$2,182
Jun 2004110036.106.43$3,971
May 2004174037.486.49$6,522
Apr 200461034.475.86$2,103
Mar 2004121034.365.53$4,158
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 2003121030.266.30$3,661
Nov 2003117028.804.60$3,370
Oct 2003179028.174.76$5,042
Sep 20030026.314.75$0
Aug 200361029.765.13$1,815
Jul 200357029.415.17$1,676
Jun 200362028.565.98$1,771
May 200358026.595.97$1,542
Apr 200360026.675.41$1,600
Mar 200359031.146.10$1,837
Feb 200357033.487.93$1,908
Jan 200361030.315.58$1,849
Dec 2002121026.914.85$3,256
Nov 200246024.664.14$1,134
Oct 200244026.464.23$1,164
Sep 2002119027.443.64$3,265
Aug 20020025.963.16$0
Jul 200246024.583.06$1,131
Jun 200246023.733.34$1,092
May 200299024.663.58$2,441
Apr 200246023.653.51$1,088
Mar 200249022.003.10$1,078
Feb 200295018.222.38$1,731
Jan 200252017.172.38$893
Dec 200145016.932.36$762
Nov 200198018.072.41$1,771
Oct 200143019.782.53$851
Sep 200146024.262.25$1,116
Aug 200144024.873.05$1,094
Jul 2001102023.933.20$2,441
Jun 200146024.563.82$1,130
May 2001104025.524.31$2,654
Apr 200145024.685.34$1,111
Mar 2001106024.545.38$2,601
Feb 2001110027.755.77$3,053
Jan 200148027.478.40$1,319
Dec 200039026.889.12$1,048
Nov 2000101032.215.66$3,253
Oct 20000031.235.15$0
Sep 200035031.875.19$1,115
Aug 200070029.644.54$2,075
Jul 200075028.534.09$2,140
Jun 200039029.304.40$1,143
May 200075027.263.68$2,045
Apr 2000112024.513.12$2,745
Mar 200039028.422.86$1,108
Feb 2000117027.622.73$3,232
Jan 200081025.272.48$2,047
Dec 199981024.282.42$1,967
Nov 199980023.192.43$1,855
Oct 199940020.982.80$839
Sep 199980021.752.62$1,740
Aug 1999115019.262.88$2,215
Jul 199939017.892.37$698
Jun 199981015.942.36$1,291
May 1999121015.792.32$1,911
Apr 199979015.102.21$1,193
Mar 199980012.471.84$998
Feb 19997909.981.82$788
Jan 199981010.381.90$841
Dec 199812209.201.77$1,122
Nov 199879010.892.19$860
Oct 1998110012.421.97$1,366
Sep 1998121012.592.08$1,523
Aug 1998122011.301.91$1,379
Jul 1998124011.742.24$1,456
Jun 199883011.242.24$933
May 1998125012.622.21$1,578
Apr 1998120013.042.51$1,565
Mar 1998164012.802.31$2,099
Feb 1998123013.952.30$1,716
Jan 1998160014.702.15$2,352
Dec 199782016.322.41$1,338
Nov 19970018.193.09$0
Oct 199775019.253.15$1,444
Sep 199738017.742.95$674
Aug 199776017.862.55$1,357
Jul 199778017.582.25$1,371
Jun 1997112017.242.26$1,931
May 199772018.972.31$1,366
Apr 199775017.882.08$1,341
Mar 1997117018.951.94$2,217
Feb 199769020.492.21$1,414
Jan 199778023.483.54$1,831
Dec 1996141023.32$3,288
Nov 1996137021.97$3,010
Oct 1996140023.31$3,263
Sep 1996265022.22$5,888
Aug 1996217020.26$4,396
Jul 1996614019.55$12,004
Jun 1996532018.73$9,964
May 1996362019.43$7,034
Apr 1996177021.51$3,807
Mar 1996185019.38$3,585
Feb 1996542016.98$9,203
Jan 1996108017.07$1,844
Dec 19954045817.19$6,945
Nov 19954006316.00$6,400
Oct 199539710515.43$6,126
Sep 199539711816.18$6,423
Aug 199553515215.92$8,517
Jul 199538619215.24$5,883
Jun 19953885516.41$6,367
May 199538315917.56$6,725
Apr 19955108117.73$9,042
Mar 19955109116.44$8,384
Feb 199539410116.58$6,533
Jan 199563216815.92$10,061
Dec 199465214715.03$9,800
Nov 19942307415.90$3,657
Oct 19941288415.58$1,994
Sep 19941277415.29$1,942
Aug 199430414316.13$4,904
Jul 199488219317.56$15,488
Jun 199444714317.09$7,639
May 199432018615.88$5,082
Apr 199443622614.14$6,165
Mar 199432019612.46$3,987
Feb 199432027312.50$4,000
Jan 199462819712.66$7,950
Dec 199331920812.33$3,933
Nov 199347726514.49$6,912
Oct 199346825615.85$7,418
Sep 199347216215.03$7,094
Aug 199344516415.66$6,969
Jul 199315917015.46$2,458
Jun 199373819516.79$12,391
May 199315920517.68$2,811
Apr 199330516618.05$5,505
Mar 199337023118.14$6,712
Feb 199338213817.90$6,838
Jan 199325441116.93$4,300

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
Oil                   41 bbl  × $ 49.82 =     $2,043
Casinghead gas         0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                   $2,043

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/O/24582 is the state's own key, not one this site invented.