ESTES

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

Oil lease lease 38321District 08Field 71275700Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.1 M
Nov 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
223
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 4 leases and 6 wells, and the rule below applies to all of them.

Discovered
1982-08-17
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: ALLOCATION FORMULA EFFECTIVE 06/01/2010.

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
OilDisposition11,682 bbl$760,619
Casinghead gasProduction60,060 Mcf$308,587
Total$1,069,206

Wells on this lease (3)

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 31.4234, -102.7456. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.5 miles.

31.42231, -102.74502 · 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
66.7%
2 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
6,282 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
133.3%

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 6,150 and 6,300 ft, median 6,282 ft, over the 3 wells that filed a depth.

Completions filed
May 2009 – Jan 2010
2 of 3 wells; 1 filed none
Plug dates filed
Aug 2010
1 of 3 wells; 2 filed none

3 wells

42-1033537116,300 ftAug 2010Yes
42-1033553026,282 ftJan 2010Yes
42-1033564846,150 ftMay 2009

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 (223)

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

223 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202412073.023.30$876
Dec 20230071.262.61$0
Nov 202310077.892.81$779
Oct 202310085.443.09$854
Sep 202310089.042.74$890
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201947052.782.49$2,481
May 20190058.482.74$0
Apr 201972062.632.75$4,509
Mar 201948056.803.06$2,726
Feb 20190050.852.79$0
Jan 201987046.033.23$4,005
Dec 20180046.594.19$0
Nov 201886052.934.24$4,552
Oct 201888061.443.40$5,407
Sep 201886059.543.11$5,120
Aug 201888059.403.07$5,227
Jul 201882065.142.93$5,341
Jun 2018176060.183.08$10,592
May 2018250065.382.90$16,345
Apr 20181431063.842.90$9,158
Mar 20181421061.222.79$8,721
Feb 20181461061.782.77$9,048
Jan 201801062.874.01$40
Dec 201741057.272.92$258
Nov 201701055.423.12$31
Oct 20171411049.292.98$6,980
Sep 20171421047.523.09$6,779
Aug 201701045.373.00$30
Jul 20171381043.873.09$6,085
Jun 20171551042.493.09$6,617
May 20172841045.373.26$12,918
Apr 20171391047.933.21$6,694
Mar 20171401046.772.98$6,578
Feb 201701050.452.95$30
Jan 20171441049.413.42$7,149
Dec 201601048.763.72$37
Nov 20162931042.492.64$12,476
Oct 20161431046.193.09$6,636
Sep 20161501041.553.10$6,264
Aug 20162841041.442.92$11,798
Jul 20161361041.622.92$5,690
Jun 201601045.352.69$27
May 20161411042.521.99$6,015
Apr 20161431036.561.99$5,248
Mar 20161411033.011.79$4,672
Feb 20161411026.472.06$3,753
Jan 20163051027.352.36$8,365
Dec 20151501032.362.00$4,874
Nov 201501038.792.17$22
Oct 20152831043.552.43$12,349
Sep 201501042.992.76$28
Aug 20154411040.162.87$17,739
Jul 201501048.152.95$29
Jun 20151471056.152.88$8,283
May 20151391055.212.96$7,704
Apr 201501049.822.71$27
Mar 20153001042.892.93$12,896
Feb 20151441044.662.98$6,461
Jan 201501043.433.10$31
Dec 20141491054.693.59$8,185
Nov 20141461070.464.25$10,330
Oct 20141511078.303.90$11,862
Sep 20141491086.164.05$12,878
Aug 20141401089.394.04$12,555
Jul 20142941096.564.18$28,430
Jun 20141531098.164.74$15,066
May 20142911094.734.73$27,614
Apr 2014231095.944.81$2,255
Mar 20143061095.895.06$29,393
Feb 201406097.406.19$372
Jan 201401090.404.86$49
Dec 20131551091.824.35$14,276
Nov 201301088.853.74$37
Oct 20131161097.423.78$11,339
Sep 2013110104.113.72$141
Aug 201315110104.253.52$15,777
Jul 20130300102.523.72$1,115
Jun 201314530094.403.93$14,868
May 20131430094.834.15$2,572
Apr 20131056093.964.28$10,123
Mar 2013930093.623.91$2,016
Feb 201313830091.233.42$13,616
Jan 2013830091.603.42$1,759
Dec 20123230086.773.42$3,803
Nov 20121530086.953.62$2,392
Oct 201215130089.383.40$14,516
Sep 20121030094.672.92$1,822
Aug 201214330092.662.91$14,123
Jul 201213130085.133.02$12,058
Jun 2012430079.822.52$1,075
May 2012030091.612.49$747
Apr 2012104300101.652.00$11,171
Mar 2012125600105.052.22$14,465
Feb 20120600101.102.57$1,542
Jan 2012060098.092.73$1,640
Dec 201126530096.873.24$26,642
Nov 2011130095.723.31$1,089
Oct 2011331084.983.65$1,386
Sep 201119083.623.99$442
Aug 201112831083.404.15$11,961
Jul 201111931094.144.52$12,603
Jun 2011230092.904.64$1,578
May 2011026098.134.40$1,145
Apr 2011235300105.964.33$26,201
Mar 2011031096.364.06$1,258
Feb 2011018085.644.18$752
Jan 2011419086.504.59$1,218
Dec 20101031085.734.35$2,205
Nov 20109530080.843.80$8,818
Oct 20102131078.103.51$2,728
Sep 201013130072.633.98$10,708
Aug 20109731073.684.42$8,517
Jul 20105931072.554.74$5,749
Jun 2010330070.364.91$1,684
May 20106231071.124.24$5,722
Apr 20105130081.694.12$5,403
Mar 2010131078.394.39$1,439
Feb 201012628073.585.44$10,795
Jan 2010531074.365.96$2,221
Dec 2009122,32571.445.48$13,607
Nov 200902,25074.593.75$8,441
Oct 2009462,38772.544.11$13,148
Sep 200902,40065.543.06$7,355
Aug 200922,48067.423.22$8,117
Jul 200922,63561.133.46$9,251
Jun 200902,46066.163.90$9,582
May 200902,48054.743.93$9,736
Apr 20091762,24046.773.59$16,268
Mar 200901,48842.144.06$6,040
Feb 200901,96032.814.63$9,081
Jan 200931,53035.865.37$8,325
Dec 20081461,49437.105.98$14,346
Nov 200832,38455.496.86$16,522
Oct 200804,08875.246.92$28,297
Sep 20081634,251101.767.88$50,072
Aug 200806,867114.228.48$58,253
Jul 20080551131.0811.39$6,276
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$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.

Jan 2024 — as filed, then multipliedworked
Oil                   12 bbl  × $ 73.02 =       $876
Casinghead gas         0 Mcf  × $  3.30 =         $0

────────────────────────────────────────────────────
Month total                                     $876

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/38321 is the state's own key, not one this site invented.