JOHN OTIS -A-

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) in the HOWARD GLASSCOCK field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26532District 08Field 42971001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$966 k
Jan 1993 – Aug 2012
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
236
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 285 leases and 3,948 wells, and the rule below applies to all of them.

Discovered
1925-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
400 ft
minimum
From a lease line
200 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2008-07-28.

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: HOWARD GLASSCOCK (CONSOLIDATED), EFFECTIVE 11/22/11.

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
OilDisposition26,063 bbl$965,559
Casinghead gasProduction21 Mcf$0
Total$965,559

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 (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 32.1410, -101.2224. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.14104, -101.22244 · 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
25.0%
1 of 4 wells
Median depth
2,500 ft
4 wells filed one
Completion to plug
8.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
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 2,500 and 2,500 ft, median 2,500 ft, over the 4 wells that filed a depth.

Completions filed
May 1981 – Nov 1984
4 of 4 wells
Plug dates filed
Nov 1992
1 of 4 wells; 3 filed none

Last completion to plug: a median of 8.0 years across the 1 well that filed both dates, with the middle half between 8.0 years and 8.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-2273342142,500 ftNov 1984Nov 1992Yes
42-2273341922,500 ftAug 1984Yes
42-2273341832,500 ftAug 1984Yes
42-2273240012,500 ftMay 1981Yes

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 (236)

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

236 months

Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011148095.723.31$14,167
Oct 2011169084.983.65$14,362
Sep 2011162083.623.99$13,546
Aug 20110083.404.15$0
Jul 2011174094.144.52$16,380
Jun 20110092.904.64$0
May 2011179098.134.40$17,565
Apr 201100105.964.33$0
Mar 2011174096.364.06$16,767
Feb 20110085.644.18$0
Jan 2011169086.504.59$14,619
Dec 2010175085.734.35$15,003
Nov 20100080.843.80$0
Oct 2010169078.103.51$13,199
Sep 20100072.633.98$0
Aug 2010176073.684.42$12,968
Jul 20100072.554.74$0
Jun 2010170070.364.91$11,961
May 20100071.124.24$0
Apr 2010168081.694.12$13,724
Mar 2010173078.394.39$13,561
Feb 20100073.585.44$0
Jan 2010177074.365.96$13,162
Dec 20090071.445.48$0
Nov 2009177074.593.75$13,202
Oct 20090072.544.11$0
Sep 2009169065.543.06$11,076
Aug 20090067.423.22$0
Jul 2009178061.133.46$10,881
Jun 20090066.163.90$0
May 2009181054.743.93$9,908
Apr 20090046.773.59$0
Mar 2009173042.144.06$7,290
Feb 20090032.814.63$0
Jan 2009175035.865.37$6,276
Dec 2008177037.105.98$6,567
Nov 20080055.496.86$0
Oct 2008177075.246.92$13,317
Sep 200800101.767.88$0
Aug 20081800114.228.48$20,560
Jul 200800131.0811.39$0
Jun 20081600131.3313.03$21,013
May 20081640123.1711.57$20,200
Apr 200800110.3110.45$0
Mar 20081810101.909.66$18,444
Feb 20080092.538.77$0
Jan 2008186090.388.21$16,811
Dec 20070088.337.30$0
Nov 2007179091.677.29$16,409
Oct 20070082.856.92$0
Sep 2007179075.846.24$13,575
Aug 20070069.066.39$0
Jul 2007182070.906.39$12,904
Jun 20070062.007.55$0
May 2007183058.747.85$10,749
Apr 20070059.617.81$0
Mar 2007183056.927.30$10,416
Feb 20070055.108.22$0
Jan 2007344050.306.73$17,303
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006178060.085.04$10,694
Aug 20060068.717.34$0
Jul 2006183069.376.34$12,695
Jun 20060066.286.38$0
May 2006183066.016.42$12,080
Apr 20060064.397.36$0
Mar 2006177056.707.08$10,036
Feb 20060057.597.75$0
Jan 2006185060.598.93$11,209
Dec 20050054.9413.42$0
Nov 2005184054.6910.59$10,063
Oct 20050058.3413.80$0
Sep 2005183061.4512.08$11,245
Aug 2005183061.519.80$11,256
Jul 20050055.697.84$0
Jun 2005179052.337.38$9,367
May 20050045.226.65$0
Apr 2005183049.207.36$9,004
Mar 20050050.377.15$0
Feb 2005183045.226.31$8,275
Jan 2005183043.166.32$7,898
Dec 20040039.866.75$0
Nov 2004184045.286.33$8,332
Oct 20040049.706.52$0
Sep 2004183043.245.28$7,913
Aug 20040042.375.55$0
Jul 2004183038.286.08$7,005
Jun 2004183036.106.43$6,606
May 20040037.486.49$0
Apr 2004184034.475.86$6,342
Mar 20040034.365.53$0
Feb 2004183032.455.51$5,938
Jan 2004184032.036.30$5,894
Dec 20030030.266.30$0
Nov 2003185028.804.60$5,328
Oct 20030028.174.76$0
Sep 2003185026.314.75$4,867
Aug 2003183029.765.13$5,446
Jul 20030029.415.17$0
Jun 2003183028.565.98$5,226
May 20030026.595.97$0
Apr 2003183026.675.41$4,881
Mar 2003184031.146.10$5,730
Feb 20030033.487.93$0
Jan 2003185030.315.58$5,607
Dec 2002184026.914.85$4,951
Nov 20020024.664.14$0
Oct 2002186026.464.23$4,922
Sep 2002183027.443.64$5,022
Aug 20020025.963.16$0
Jul 2002183024.583.06$4,498
Jun 2002183023.733.34$4,343
May 20020024.663.58$0
Apr 2002184023.653.51$4,352
Mar 2002186022.003.10$4,092
Feb 20020018.222.38$0
Jan 2002181017.172.38$3,108
Dec 2001179016.932.36$3,030
Nov 2001185018.072.41$3,343
Oct 20010019.782.53$0
Sep 2001184024.262.25$4,464
Aug 2001182024.873.05$4,526
Jul 20010023.933.20$0
Jun 2001183024.563.82$4,494
May 2001182025.524.31$4,645
Apr 2001181024.685.34$4,467
Mar 20010024.545.38$0
Feb 2001179027.755.77$4,967
Jan 2001178027.478.40$4,890
Dec 2000185026.889.12$4,973
Nov 2000184032.215.66$5,927
Oct 2000172031.235.15$5,372
Sep 20000031.875.19$0
Aug 2000183029.644.54$5,424
Jul 2000182028.534.09$5,192
Jun 2000182029.304.40$5,333
May 2000174027.263.68$4,743
Apr 20000024.513.12$0
Mar 2000183028.422.86$5,201
Feb 2000188027.622.73$5,193
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 1999154020.982.80$3,231
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 1999156015.942.36$2,487
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199913409.981.82$1,337
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 1998164010.892.19$1,786
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 1998134011.301.91$1,514
Jul 1998175011.742.24$2,055
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 1998181013.042.51$2,360
Mar 19980012.802.31$0
Feb 1998163013.952.30$2,274
Jan 1998172014.702.15$2,528
Dec 1997176016.322.41$2,872
Nov 19970018.193.09$0
Oct 1997185019.253.15$3,561
Sep 1997179017.742.95$3,175
Aug 1997183017.862.55$3,268
Jul 1997176017.582.25$3,094
Jun 19970017.242.26$0
May 1997175018.972.31$3,320
Apr 1997184017.882.08$3,290
Mar 1997181018.951.94$3,430
Feb 19970020.492.21$0
Jan 1997178023.483.54$4,179
Dec 199669023.32$1,609
Nov 1996172021.97$3,779
Oct 1996209023.31$4,872
Sep 19960022.22$0
Aug 1996196020.26$3,971
Jul 1996208019.55$4,066
Jun 19960018.73$0
May 1996202019.43$3,925
Apr 1996197021.51$4,237
Mar 1996190019.38$3,682
Feb 19960016.98$0
Jan 1996198017.07$3,380
Dec 1995177017.19$3,043
Nov 1995213016.00$3,408
Oct 1995207015.43$3,194
Sep 1995206016.18$3,333
Aug 19950015.92$0
Jul 1995193015.24$2,941
Jun 19950016.41$0
May 1995209017.56$3,670
Apr 1995202017.73$3,581
Mar 1995189016.44$3,107
Feb 19950016.58$0
Jan 1995188015.92$2,993
Dec 1994163015.03$2,450
Nov 1994184015.90$2,926
Oct 1994195015.58$3,038
Sep 1994159115.29$2,431
Aug 1994195116.13$3,145
Jul 1994207117.56$3,635
Jun 19940117.09$0
May 1994202115.88$3,208
Apr 1994194114.14$2,743
Mar 1994207112.46$2,579
Feb 1994350112.50$4,375
Jan 19940112.66$0
Dec 1993187112.33$2,306
Nov 1993193114.49$2,797
Oct 1993183115.85$2,901
Sep 1993193115.03$2,901
Aug 19930115.66$0
Jul 1993397115.46$6,138
Jun 1993201116.79$3,375
May 19930117.68$0
Apr 1993206118.05$3,718
Mar 1993192118.14$3,483
Feb 1993187117.90$3,347
Jan 1993190116.93$3,217

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.

Nov 2011 — as filed, then multipliedworked
Oil                  148 bbl  × $ 95.72 =    $14,167
Casinghead gas         0 Mcf  × $  3.31 =         $0

────────────────────────────────────────────────────
Month total                                  $14,167

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/26532 is the state's own key, not one this site invented.