OTIS, JOHN -B-

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

Oil lease lease 31131District 08Field 42971166Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$341 k
Jan 1993 – Nov 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
239
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 49 leases and 134 wells, and the rule below applies to all of them.

Discovered
1970-01-28
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2010-09-14.

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: 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
OilDisposition11,751 bbl$340,693
Casinghead gasProduction21 Mcf$0
Total$340,693

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 (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 32.1389, -101.2251. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13887, -101.22515 · 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
3,820 ft
1 wells filed one
Completion to plug
34.3 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 3,820 ft.

Completions filed
Mar 1987
1 of 1 wells
Plug dates filed
Jun 2021
1 of 1 wells

Last completion to plug: a median of 34.3 years across the 1 well that filed both dates, with the middle half between 34.3 years and 34.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2273414553,820 ftMar 1987Jun 2021Yes

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 (239)

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

239 months

Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
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 2011104095.723.31$9,955
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 201185083.404.15$7,089
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 2011830105.964.33$8,795
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 201177086.504.59$6,661
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 201080078.103.51$6,248
Sep 20100072.633.98$0
Aug 201080073.684.42$5,894
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201077071.124.24$5,476
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 201084073.585.44$6,181
Jan 20100074.365.96$0
Dec 200983071.445.48$5,930
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 200961066.163.90$4,036
May 20090054.743.93$0
Apr 200962046.773.59$2,900
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 200895037.105.98$3,525
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 2008720114.228.48$8,224
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 2008780123.1711.57$9,607
Apr 200800110.3110.45$0
Mar 2008560101.909.66$5,706
Feb 20080092.538.77$0
Jan 200837090.388.21$3,344
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 200755082.856.92$4,557
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200779058.747.85$4,640
Apr 20070059.617.81$0
Mar 200755056.927.30$3,131
Feb 20070055.108.22$0
Jan 200771050.306.73$3,571
Dec 20060056.656.92$0
Nov 200662054.207.62$3,360
Oct 200638054.906.01$2,086
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 200654069.376.34$3,746
Jun 20060066.286.38$0
May 200667066.016.42$4,423
Apr 20060064.397.36$0
Mar 200656056.707.08$3,175
Feb 20060057.597.75$0
Jan 200630060.598.93$1,818
Dec 20050054.9413.42$0
Nov 200558054.6910.59$3,172
Oct 200530058.3413.80$1,750
Sep 200530061.4512.08$1,844
Aug 20050061.519.80$0
Jul 200552055.697.84$2,896
Jun 200554052.337.38$2,826
May 20050045.226.65$0
Apr 200551049.207.36$2,509
Mar 20050050.377.15$0
Feb 200521045.226.31$950
Jan 200556043.166.32$2,417
Dec 20040039.866.75$0
Nov 200462045.286.33$2,807
Oct 20040049.706.52$0
Sep 200452043.245.28$2,248
Aug 20040042.375.55$0
Jul 200456038.286.08$2,144
Jun 200450036.106.43$1,805
May 20040037.486.49$0
Apr 200423034.475.86$793
Mar 200423034.365.53$790
Feb 20040032.455.51$0
Jan 200442032.036.30$1,345
Dec 200345030.266.30$1,362
Nov 200345028.804.60$1,296
Oct 200354028.174.76$1,521
Sep 200351026.314.75$1,342
Aug 200351029.765.13$1,518
Jul 200352029.415.17$1,529
Jun 200353028.565.98$1,514
May 200351026.595.97$1,356
Apr 200349026.675.41$1,307
Mar 200352031.146.10$1,619
Feb 20030033.487.93$0
Jan 200358030.315.58$1,758
Dec 200253026.914.85$1,426
Nov 200230024.664.14$740
Oct 200252026.464.23$1,376
Sep 200251027.443.64$1,399
Aug 200251025.963.16$1,324
Jul 200251024.583.06$1,254
Jun 200251023.733.34$1,210
May 200248024.663.58$1,184
Apr 200248023.653.51$1,135
Mar 20020022.003.10$0
Feb 200246018.222.38$838
Jan 200252017.172.38$893
Dec 200192016.932.36$1,558
Nov 20010018.072.41$0
Oct 200157019.782.53$1,127
Sep 200150024.262.25$1,213
Aug 20010024.873.05$0
Jul 200150023.933.20$1,197
Jun 200135024.563.82$860
May 200161025.524.31$1,557
Apr 200136024.685.34$888
Mar 200152024.545.38$1,276
Feb 200148027.755.77$1,332
Jan 200191027.478.40$2,500
Dec 200060026.889.12$1,613
Nov 200052032.215.66$1,675
Oct 200061031.235.15$1,905
Sep 200073031.875.19$2,327
Aug 200053029.644.54$1,571
Jul 200047028.534.09$1,341
Jun 200040029.304.40$1,172
May 20000027.263.68$0
Apr 200025024.513.12$613
Mar 200072028.422.86$2,046
Feb 2000108027.622.73$2,983
Jan 200048025.272.48$1,213
Dec 199936024.282.42$874
Nov 199948023.192.43$1,113
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 199861011.301.91$689
Jul 199898011.742.24$1,151
Jun 1998123011.242.24$1,383
May 1998117012.622.21$1,477
Apr 1998134013.042.51$1,747
Mar 1998135012.802.31$1,728
Feb 1998137013.952.30$1,911
Jan 1998128014.702.15$1,882
Dec 1997119016.322.41$1,942
Nov 1997121018.193.09$2,201
Oct 1997124019.253.15$2,387
Sep 1997124017.742.95$2,200
Aug 1997120017.862.55$2,143
Jul 1997120017.582.25$2,110
Jun 1997121017.242.26$2,086
May 1997124018.972.31$2,352
Apr 1997108017.882.08$1,931
Mar 199715018.951.94$284
Feb 19970020.492.21$0
Jan 199712023.483.54$282
Dec 19967023.32$163
Nov 19966021.97$132
Oct 19966023.31$140
Sep 199614022.22$311
Aug 1996207020.26$4,194
Jul 19960019.55$0
Jun 1996250018.73$4,683
May 19960019.43$0
Apr 1996243021.51$5,227
Mar 19960019.38$0
Feb 19960016.98$0
Jan 1996263017.07$4,489
Dec 19950017.19$0
Nov 1995256016.00$4,096
Oct 19950015.43$0
Sep 19950016.18$0
Aug 1995254015.92$4,044
Jul 19950015.24$0
Jun 1995260016.41$4,267
May 19950017.56$0
Apr 1995249017.73$4,415
Mar 19950016.44$0
Feb 1995224016.58$3,714
Jan 19950015.92$0
Dec 1994232015.03$3,487
Nov 19940015.90$0
Oct 1994218015.58$3,396
Sep 19940115.29$0
Aug 1994230116.13$3,710
Jul 19940117.56$0
Jun 19940117.09$0
May 1994477115.88$7,575
Apr 19940114.14$0
Mar 19940112.46$0
Feb 19940112.50$0
Jan 19940112.66$0
Dec 1993258112.33$3,181
Nov 19930114.49$0
Oct 19930115.85$0
Sep 1993260115.03$3,908
Aug 19930115.66$0
Jul 1993259115.46$4,004
Jun 19930116.79$0
May 1993255117.68$4,508
Apr 19930118.05$0
Mar 1993237118.14$4,299
Feb 19930117.90$0
Jan 1993215116.93$3,640

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                  104 bbl  × $ 95.72 =     $9,955
Casinghead gas         0 Mcf  × $  3.31 =         $0

────────────────────────────────────────────────────
Month total                                   $9,955

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/31131 is the state's own key, not one this site invented.