O'BRIEN, G. W. ETAL

Operated by TWO P PARTNERS, LLC (P-5 875088) in the WAGON WHEEL (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 55623District 08Field 94640500OilCasinghead gasSaveExport
Value, all time
$18.8 M
Jan 2021 – May 2026
Value, last 12 filed months
$2.6 M
at the published price for each month
Months reported
65
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 7 leases and 212 wells, and the rule below applies to all of them.

Discovered
1979-03-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1980-06-09.

The Commission's schedule remark for this field reads: OPTIONAL 40 ACRE UNITS/DIAG 2100'

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
OilDisposition212,543 bbl$16,328,691
Casinghead gasProduction635,673 Mcf$2,503,529
Total$18,832,220

Wells on this lease (10)

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 31.5977, -102.9964. A lease has no coordinate of its own — that point is the mean of its wells, and they span 9.2 miles.

31.63686, -103.00508 · 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
10.0%
1 of 10 wells
With a plug date
10.0%
1 of 10 wells
Median depth
10,494 ft
10 wells filed one
Completion to plug
42.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
110.0%
A plug date is filed
110.0%
BothOn the schedule and plugged. Neither fact cancels the other.
110.0%
NeitherNo plug date, and not on the schedule.
990.0%

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

Total depth in feet, 10 of 10 wells. Median 10,494 ft, with the middle half between 9,003 and 10,765 ft; the shallowest is 4,146 ft and the deepest 11,050 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, 10 of 10 wells, Sep 1981 – Aug 2018. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 1981 – Aug 2018
10 of 10 wells
Plug dates filed
Jan 2024
1 of 10 wells; 9 filed none

Last completion to plug: a median of 42.3 years across the 1 well that filed both dates, with the middle half between 42.3 years and 42.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

10 wells

42-49533954201710,454 ftAug 2018
42-4753738620214,146 ftJan 2018
42-47537383202210,802 ftDec 2017
42-47537224200210,533 ftOct 2017
42-47537220200110,750 ftSep 2017
42-47537219200010,770 ftAug 2017
42-47534863160011,050 ftJul 2005
42-4753262312279,010 ftApr 1999
42-4753236812239,000 ftOct 1997
42-4753234412209,000 ftSep 1981Jan 2024Yes

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 (65)

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

65 months

May 20264,36712,937106.413.05$504,097
Apr 20262,2974,67198.932.87$240,647
Mar 20262,6274,48489.753.15$249,895
Feb 20262,6475,92963.503.75$190,320
Jan 20262,0213,79459.138.00$149,846
Dec 20252,5535,58756.664.41$169,310
Nov 20252,6885,69958.593.93$179,867
Oct 20252,9057,97359.383.30$198,848
Sep 20252,6507,04762.743.08$187,944
Aug 20252,3266,77363.933.01$169,120
Jul 20253,1179,65266.743.32$240,027
Jun 20251,7225,23466.483.13$130,854
May 20252,9808,06060.553.23$206,492
Apr 20252,8598,09462.363.54$206,965
Mar 20252,2097,72967.704.27$182,539
Feb 20252,3167,93570.884.34$198,603
Jan 20252,1047,73374.324.28$189,456
Dec 20242,5948,88968.993.12$206,706
Nov 20242,5558,23469.052.20$194,525
Oct 20243,1769,68071.372.28$248,755
Sep 20243,35710,24969.612.36$257,913
Aug 20243,2947,80875.632.06$265,238
Jul 20243,3018,61979.932.15$282,350
Jun 20242,8938,20178.082.63$247,487
May 20244,29410,82678.812.20$362,210
Apr 20242,9489,55584.451.66$264,812
Mar 20242,95710,51680.301.55$253,696
Feb 20242,6919,52876.091.78$221,753
Jan 20242,5348,93873.023.30$214,507
Dec 20232,4457,98571.262.61$195,077
Nov 20232,2658,42277.892.81$200,066
Oct 20233,16610,27885.443.09$302,234
Sep 20232,85611,88889.042.74$286,812
Aug 20233,44813,64780.522.67$314,110
Jul 20232,99212,54274.852.64$257,085
Jun 20232,54312,76668.962.26$204,197
May 20233,17613,96170.622.23$255,386
Apr 20233,1439,34978.122.24$266,452
Mar 20233,45815,37372.852.39$288,705
Feb 20234,26715,29075.112.47$358,195
Jan 20234,08512,81476.533.39$356,035
Dec 20223,3799,77776.415.73$314,203
Nov 20223,3518,61185.005.65$333,454
Oct 20223,8589,65487.185.86$392,949
Sep 20224,10212,39584.888.16$449,367
Aug 20223,61412,92794.529.13$459,582
Jul 20224,07515,277101.587.54$529,159
Jun 20224,03214,668115.097.98$581,052
May 20223,86413,412109.378.43$535,710
Apr 20223,5369,374104.226.84$432,618
Mar 20224,32613,619108.885.08$540,150
Feb 20222,6299,08691.054.86$283,518
Jan 20223,1017,97581.844.54$289,974
Dec 20213,8218,94971.323.90$307,407
Nov 20213,50511,36577.435.24$330,909
Oct 20213,61510,76579.795.71$349,951
Sep 20214,20411,74969.865.35$356,559
Aug 20214,12310,73966.024.22$317,525
Jul 20214,47111,20470.783.98$361,073
Jun 20213,77510,63069.493.38$298,261
May 20215,62314,39863.483.02$400,396
Apr 20214,31110,41360.362.76$288,935
Mar 20214,58010,08961.302.72$308,165
Feb 20213,2975,26357.805.55$219,765
Jan 20214,5258,64550.412.81$252,400

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.

May 2026 — as filed, then multipliedworked
Oil                4,367 bbl  × $106.41 =   $464,692
Casinghead gas    12,937 Mcf  × $  3.05 =    $39,404

────────────────────────────────────────────────────
Month total                                 $504,097

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/55623 is the state's own key, not one this site invented.