OTTER 139-138 UNIT E

Operated by TALL CITY OPERATIONS III LLC (P-5 835518) in the HOEFS T-K (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 54031District 08Field 41911500OilCasinghead gasSave
Value, all time
$17.7 M
Dec 2019 – Mar 2023
Value, last 12 filed months
$708 k
at the published price for each month
Months reported
40
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition319,065 bbl$15,804,874
Casinghead gasProduction650,859 Mcf$1,927,380
Total$17,732,254

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 31.1343, -103.6120. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.13432, -103.61202 · 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
0.0%
0 of 1 wells
Median depth
10,043 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 10,043 ft.

Completions filed
Apr 2020
1 of 1 wells

1 well

42-389383426H10,043 ftApr 2020Yes

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 (40)

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

40 months

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 20225,30622,695104.226.84$708,171
Mar 20226,49222,847108.885.08$822,829
Feb 20225,35914,36591.054.86$557,734
Jan 20226,45716,88281.844.54$605,046
Dec 20216,1138,66371.323.90$469,757
Nov 20213,4204,82877.435.24$290,094
Oct 202183878279.795.71$71,332
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20211,0451,24570.783.98$78,923
Jun 20217,24929,69169.493.38$604,107
May 20219,62636,35063.483.02$720,751
Apr 202111,69841,74660.362.76$821,244
Mar 202112,59338,75261.302.72$877,238
Feb 20218,97820,86057.805.55$634,659
Jan 202114,08140,38750.412.81$823,322
Dec 202013,95143,11344.642.68$738,120
Nov 202014,37339,18538.772.71$663,298
Oct 202016,42839,74236.972.48$705,841
Sep 202016,57735,65537.091.99$685,831
Aug 202019,47041,11639.982.39$876,476
Jul 202021,79737,64238.371.83$905,052
Jun 202021,56421,01234.901.69$788,100
May 202019,16918,02716.921.81$357,054
Apr 20202,9082,31014.751.80$47,061
Mar 202013,99112,52130.341.86$447,729
Feb 202018,66217,60149.881.98$965,722
Jan 202023,50025,23957.252.09$1,398,244
Dec 201917,42017,60359.012.30$1,068,518

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 2022 — as filed, then multipliedworked
Oil                5,306 bbl  × $104.22 =   $552,991
Casinghead gas    22,695 Mcf  × $  6.84 =   $155,179

────────────────────────────────────────────────────
Month total                                 $708,171

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/54031 is the state's own key, not one this site invented.