CONSTANCE

Operated by OWL OPS LLC (P-5 100332) in the SALLIE ANN (SPRABERRY-WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40124District 08Field 79820800OilCasinghead gasSaveExport
Value, all time
$56.0 M
Jun 2010 – May 2026
Value, last 12 filed months
$662 k
at the published price for each month
Months reported
192
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 125 leases and 849 wells, and the rule below applies to all of them.

Discovered
2004-12-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
500 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-11-20.

The Commission's schedule remark for this field reads: FIELDS

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
OilDisposition670,978 bbl$50,036,430
Casinghead gasProduction1,731,328 Mcf$6,004,645
Total$56,041,075

Wells on this lease (15)

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 31.7119, -102.3752. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.71157, -102.37517 · 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
6.7%
1 of 15 wells
With a plug date
6.7%
1 of 15 wells
Median depth
10,400 ft
15 wells filed one
Completion to plug
13.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
16.7%
A plug date is filed
16.7%
BothOn the schedule and plugged. Neither fact cancels the other.
16.7%
NeitherNo plug date, and not on the schedule.
1493.3%

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

Total depth in feet, 15 of 15 wells. Median 10,400 ft, with the middle half between 10,282 and 10,504 ft; the shallowest is 10,195 ft and the deepest 10,540 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 15 of 15 wells, Jun 2010 – Oct 2012. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 2010 – Oct 2012
15 of 15 wells
Plug dates filed
Aug 2023
1 of 15 wells; 14 filed none

Last completion to plug: a median of 13.2 years across the 1 well that filed both dates, with the middle half between 13.2 years and 13.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

15 wells

42-135416841210,400 ftOct 2012
42-135416821010,400 ftOct 2012
42-135416831110,512 ftOct 2012
42-13541680810,503 ftOct 2012
42-13541681910,528 ftSep 2012
42-13541678610,504 ftAug 2012
42-13541679710,540 ftAug 2012
42-135416071510,426 ftJul 2012
42-135416051310,400 ftJun 2012
42-135416561410,314 ftJun 2012
42-13541599510,434 ftJun 2012
42-13540605410,250 ftJul 2011
42-13540206310,195 ftOct 2010
42-13540199210,200 ftJun 2010
42-13540167110,235 ftJun 2010Aug 2023Yes

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 (192)

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

192 months

May 202600106.413.05$0
Apr 20267104,12198.932.87$82,066
Mar 20261,0134,41389.753.15$104,815
Feb 20261,7654,24663.503.75$128,001
Jan 20265233,95259.138.00$62,533
Dec 20253323,89256.664.41$35,988
Nov 20252343,96158.593.93$29,263
Oct 20254954,14159.383.30$43,078
Sep 20254494,12162.743.08$40,850
Aug 20252044,42163.933.01$26,370
Jul 20257514,43466.743.32$64,821
Jun 20254644,36366.483.13$44,497
May 20256284,58260.553.23$52,836
Apr 20255924,50662.363.54$52,882
Mar 20258654,94867.704.27$79,680
Feb 20256804,19970.884.34$66,426
Jan 20257674,68874.324.28$77,062
Dec 20248674,90768.993.12$75,131
Nov 20246514,90469.052.20$55,733
Oct 20249045,07071.372.28$76,085
Sep 20247734,98969.612.36$65,604
Aug 20249415,51775.632.06$82,553
Jul 20249624,99379.932.15$87,611
Jun 20247215,42378.082.63$70,580
May 20241,2265,92878.812.20$109,653
Apr 20241,2442,77984.451.66$109,667
Mar 20246634,61680.301.55$60,371
Feb 20248844,16776.091.78$74,696
Jan 20241,0634,67473.023.30$93,034
Dec 20239994,67471.262.61$83,391
Nov 20239254,51477.892.81$84,722
Oct 20239604,91185.443.09$97,184
Sep 20238584,69489.042.74$89,235
Aug 20239945,23680.522.67$94,032
Jul 20231,0405,40774.852.64$92,128
Jun 20239995,20568.962.26$80,646
May 20238035,42370.622.23$68,787
Apr 20239925,53178.122.24$89,872
Mar 20231,1065,91472.852.39$94,725
Feb 20231,4305,26675.112.47$120,392
Jan 20231,1435,85876.533.39$107,319
Dec 20221,4845,89876.415.73$147,183
Nov 20221,1865,79185.005.65$133,507
Oct 20221,3226,38487.185.86$152,686
Sep 20221,4136,03984.888.16$169,236
Aug 20221,3016,20394.529.13$179,586
Jul 20221,4456,586101.587.54$196,455
Jun 20221,4935,956115.097.98$219,342
May 20221,2176,134109.378.43$184,832
Apr 20221,3856,179104.226.84$186,594
Mar 20221,4756,452108.885.08$193,351
Feb 20221,3065,74691.054.86$146,830
Jan 20221,5616,41581.844.54$156,861
Dec 20211,5696,73171.323.90$138,146
Nov 20211,7246,84577.435.24$169,336
Oct 20211,6327,03979.795.71$170,437
Sep 20211,7067,26869.865.35$158,072
Aug 20211,7827,68466.024.22$150,079
Jul 20211,6417,19470.783.98$144,797
Jun 20211,9686,80469.493.38$159,758
May 20211,4276,58563.483.02$110,457
Apr 20211,2735,17960.362.76$91,124
Mar 20211,3495,55461.302.72$97,784
Feb 20211,1904,91257.805.55$96,034
Jan 20211,4005,83550.412.81$86,972
Dec 20201,4465,96344.642.68$80,503
Nov 20201,4345,58638.772.71$70,715
Oct 20201,4745,81336.972.48$68,901
Sep 20201,5805,83337.091.99$70,216
Aug 20201,4336,01639.982.39$71,640
Jul 20201,4256,18838.371.83$65,971
Jun 20201,4055,81434.901.69$58,862
May 20201,6546,41016.921.81$39,618
Apr 20201,5246,26714.751.80$33,787
Mar 20201,5487,89230.341.86$61,616
Feb 20201,9807,46249.881.98$113,542
Jan 20202,1868,07757.252.09$142,068
Dec 20192,2537,67459.012.30$150,633
Nov 20191,9748,13855.302.75$131,547
Oct 20191,75557453.472.42$95,228
Sep 20192847,01055.052.66$34,262
Aug 20191,9262,12453.112.30$107,184
Jul 20192,2029,80656.272.46$148,030
Jun 20192,171052.782.49$114,585
May 20192,37416558.482.74$139,284
Apr 20192,3479,33462.632.75$172,668
Mar 20192,7079,81656.803.06$183,815
Feb 20192,5259,04850.852.79$153,660
Jan 20192,8579,45446.033.23$162,027
Dec 20182,4898,93646.594.19$153,364
Nov 20182,5789,09752.934.24$175,000
Oct 20182,5919,74861.443.40$192,316
Sep 20182,3379,59159.543.11$168,954
Aug 20182,1459,66359.403.07$157,045
Jul 20182,56210,08765.142.93$196,463
Jun 20182,4998,99260.183.08$178,057
May 20182,78711,16365.382.90$214,596
Apr 20182,82810,65663.842.90$211,450
Mar 20183,28111,11861.222.79$231,847
Feb 20183,7629,89261.782.77$259,779
Jan 20182,6979,57362.874.01$207,942
Dec 20172,0179,07957.272.92$142,038
Nov 20172,15610,03355.423.12$150,772
Oct 20173,51611,31449.292.98$207,061
Sep 20173,08410,71247.523.09$179,623
Aug 20173,40011,23645.373.00$188,015
Jul 20173,06911,14443.873.09$169,042
Jun 20173,08011,01542.493.09$164,876
May 20173,59511,22045.373.26$199,721
Apr 20173,0559,24347.933.21$176,111
Mar 20173,62710,33046.772.98$200,456
Feb 20173,1039,56950.452.95$184,800
Jan 20173,43210,86649.413.42$206,724
Dec 20163,82211,03748.763.72$227,450
Nov 20163,37010,82442.492.64$171,814
Oct 20164,23712,29246.193.09$233,693
Sep 20163,93711,23941.553.10$198,430
Aug 20164,01811,31941.442.92$199,607
Jul 20164,37211,90741.622.92$216,783
Jun 20163,41210,07345.352.69$181,789
May 20163,76710,45742.521.99$180,993
Apr 20163,70110,63636.561.99$156,485
Mar 20164,34112,17833.011.79$165,144
Feb 20164,58811,53026.472.06$145,238
Jan 20164,72911,79527.352.36$157,226
Dec 20154,73313,60832.362.00$180,395
Nov 20155,57914,66838.792.17$248,200
Oct 20156,30915,50843.552.43$312,388
Sep 20154,40912,56242.992.76$224,194
Aug 20155,01212,84040.162.87$238,165
Jul 20154,20311,03948.152.95$234,885
Jun 20154,38610,89256.152.88$277,674
May 20154,84611,43655.212.96$301,346
Apr 20154,88612,25149.822.71$276,579
Mar 20155,03412,16342.892.93$251,603
Feb 20153,5079,65544.662.98$185,358
Jan 20153,81911,12143.433.10$200,341
Dec 20144,24212,48254.693.59$276,822
Nov 20143,32611,81770.464.25$284,594
Oct 20143,20112,84378.303.90$300,738
Sep 20143,23412,64286.164.05$329,784
Aug 20143,31514,65389.394.04$355,454
Jul 20144,52016,51096.564.18$505,456
Jun 20143,80914,16698.164.74$440,994
May 20144,74316,02494.734.73$525,043
Apr 20145,05116,46695.944.81$563,780
Mar 20145,69914,51795.895.06$619,887
Feb 20145,69915,52597.406.19$651,213
Jan 20147,79120,23390.404.86$802,653
Dec 20135,94216,43891.824.35$617,173
Nov 20136,49212,82688.853.74$624,761
Oct 20136,544097.423.78$637,516
Sep 20136,76113,591104.113.72$754,416
Aug 20139,83620,086104.253.52$1,096,158
Jul 201311,52217,199102.523.72$1,245,177
Jun 201310,11218,46294.403.93$1,027,191
May 20139,58016,50794.834.15$976,960
Apr 20137,76212,94493.964.28$784,751
Mar 20139,92021,97593.623.91$1,014,696
Feb 201312,92324,28991.233.42$1,262,031
Jan 201316,65127,97591.603.42$1,620,904
Dec 201221,34137,91986.773.42$1,981,448
Nov 201224,06535,74786.953.62$2,222,033
Oct 201226,12138,41989.383.40$2,465,307
Sep 201220,54226,01194.672.92$2,020,622
Aug 201214,52018,92892.662.91$1,400,469
Jul 201211,93714,93085.133.02$1,061,297
Jun 20124,0116,14779.822.52$335,643
May 20122,0486,23691.612.49$203,134
Apr 20121,3534,967101.652.00$147,451
Mar 20121,7245,830105.052.22$194,061
Feb 20122,9395,884101.102.57$312,256
Jan 20122,5886,09798.092.73$270,527
Dec 20113,1435,47196.873.24$322,187
Nov 20113,1336,71095.723.31$322,109
Oct 20112,5965,68484.983.65$241,346
Sep 20114,6647,23683.623.99$418,845
Aug 20116,0877,63783.404.15$539,344
Jul 20112,2076,69294.144.52$237,996
Jun 20111,7075,65892.904.64$184,833
May 20112,5545,32198.134.40$274,062
Apr 20113,1514,920105.964.33$355,200
Mar 20113,2434,73296.364.06$331,695
Feb 20113,2153,57185.644.18$290,259
Jan 20113,7236,64186.504.59$352,514
Dec 20104,0548,54885.734.35$384,714
Nov 20106,01611,35480.843.80$529,426
Oct 20107,06010,62378.103.51$588,661
Sep 20106,3587,55672.633.98$491,850
Aug 20107,5938,29073.684.42$596,089
Jul 20107,5475,87372.554.74$575,352
Jun 20103,0232,75470.364.91$226,222

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 2026 — as filed, then multipliedworked
Oil                  710 bbl  × $ 98.93 =    $70,240
Casinghead gas     4,121 Mcf  × $  2.87 =    $11,826

────────────────────────────────────────────────────
Month total                                  $82,066

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/40124 is the state's own key, not one this site invented.