OTHELLA -A-

Operated by CAMBRIAN MANAGEMENT, LTD. (P-5 126758) in the BIG SPRING (FUSSELMAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9693District 08Field 08044400OilCasinghead gasSaveExport
Value, all time
$935 k
Jan 1993 – Oct 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
238
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 54 leases and 80 wells, and the rule below applies to all of them.

Discovered
1955-10-09
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
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

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
OilDisposition39,856 bbl$882,748
Casinghead gasProduction26,534 Mcf$52,326
Total$935,074

12,920 Mcf of this lease's gas, across 48 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 (2)

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 32.3642, -101.4266. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.36423, -101.42659 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
9,710 ft
2 wells filed one
Completion to plug
6.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 9,680 and 9,740 ft, median 9,710 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2008
1 of 2 wells; 1 filed none
Plug dates filed
May 2012 – May 2015
2 of 2 wells

Last completion to plug: a median of 6.9 years across the 1 well that filed both dates, with the middle half between 6.9 years and 6.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2270264819,680 ftMay 2012Yes
42-2273250029,740 ftJun 2008May 2015Yes

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 (238)

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

238 months

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 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
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 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200850131.0811.39$655
Jun 20081820131.3313.03$23,902
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
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 200702956.927.30$212
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060156.656.92$7
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060360.085.04$15
Aug 200632268.717.34$2,213
Jul 20060069.376.34$0
Jun 200676066.286.38$5,037
May 2006122066.016.42$8,053
Apr 2006108064.397.36$6,954
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060260.598.93$18
Dec 20052503454.9413.42$14,191
Nov 20051932754.6910.59$10,841
Oct 2005146458.3413.80$8,573
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050255.697.84$16
Jun 20050452.337.38$30
May 20051705345.226.65$8,040
Apr 20052005749.207.36$10,260
Mar 20052755550.377.15$14,245
Feb 20051823745.226.31$8,464
Jan 20052232243.166.32$9,764
Dec 2004113839.866.75$4,558
Nov 2004742945.286.33$3,534
Oct 20041953849.706.52$9,939
Sep 20041294043.245.28$5,789
Aug 200421819042.375.55$10,291
Jul 200425424838.286.08$11,232
Jun 200433912836.106.43$13,061
May 200402337.486.49$149
Apr 200421020034.475.86$8,410
Mar 200425021134.365.53$9,757
Feb 200416517332.455.51$6,307
Jan 200424122532.036.30$9,137
Dec 200328025130.266.30$10,055
Nov 200326220928.804.60$8,506
Oct 2003936428.174.76$2,924
Sep 200321224526.314.75$6,741
Aug 200319324129.765.13$6,980
Jul 200324223829.415.17$8,348
Jun 200315120928.565.98$5,563
May 200326223126.595.97$8,346
Apr 200325923126.675.41$8,157
Mar 200318016431.146.10$6,605
Feb 200319420533.487.93$8,120
Jan 200322812530.315.58$7,608
Dec 200216715026.914.85$5,222
Nov 200224423124.664.14$6,973
Oct 200225024526.464.23$7,651
Sep 200223322927.443.64$7,226
Aug 200217819725.963.16$5,244
Jul 200210814624.583.06$3,102
Jun 200220633023.733.34$5,990
May 200225332724.663.58$7,411
Apr 200224029123.653.51$6,698
Mar 200228623922.003.10$7,034
Feb 200222021418.222.38$4,517
Jan 200227819617.172.38$5,239
Dec 200112111016.932.36$2,309
Nov 200131329918.072.41$6,375
Oct 200127924019.782.53$6,126
Sep 20011987524.262.25$4,972
Aug 20011343724.873.05$3,446
Jul 20011753523.933.20$4,300
Jun 2001112624.563.82$2,774
May 200101025.524.31$43
Apr 200118910124.685.34$5,203
Mar 20011566624.545.38$4,183
Feb 20011824627.755.77$5,316
Jan 20012241827.478.40$6,304
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 200002031.235.15$103
Sep 20002385931.875.19$7,891
Aug 200001929.644.54$86
Jul 2000953228.534.09$2,841
Jun 200024014429.304.40$7,665
May 20001609527.263.68$4,711
Apr 20001254624.513.12$3,207
Mar 200017013628.422.86$5,220
Feb 200021913527.622.73$6,417
Jan 200019515725.272.48$5,317
Dec 199917210524.282.42$4,431
Nov 199922317523.192.43$5,597
Oct 199927315920.982.80$6,173
Sep 19991384921.752.62$3,130
Aug 19991034519.262.88$2,113
Jul 19993307717.892.37$6,086
Jun 199906715.942.36$158
May 199923910815.792.32$4,024
Apr 19990815.102.21$18
Mar 19991333512.471.84$1,723
Feb 1999138589.981.82$1,483
Jan 199916713810.381.90$1,996
Dec 19982721789.201.77$2,818
Nov 19982018910.892.19$2,383
Oct 1998124012.421.97$1,540
Sep 199801912.592.08$40
Aug 199820315511.301.91$2,590
Jul 199824713611.742.24$3,204
Jun 199825716211.242.24$3,251
May 199830625012.622.21$4,413
Apr 199833024113.042.51$4,907
Mar 199835623012.802.31$5,088
Feb 199832617213.952.30$4,943
Jan 199846714214.702.15$7,171
Dec 199747916416.322.41$8,213
Nov 1997015418.193.09$476
Oct 199730519319.253.15$6,479
Sep 199764514817.742.95$11,880
Aug 199707217.862.55$184
Jul 199732816117.582.25$6,128
Jun 1997012517.242.26$282
May 199741130018.972.31$8,489
Apr 199726114017.882.08$4,958
Mar 199726110418.951.94$5,148
Feb 199747815320.492.21$10,132
Jan 199721616323.483.54$5,649
Dec 199629013723.32$6,763
Nov 199629216321.97$6,415
Oct 199635820123.31$8,345
Sep 199632622722.22$7,244
Aug 19961269520.26$2,553
Jul 199637432219.55$7,312
Jun 199636327618.73$6,799
May 199631125519.43$6,043
Apr 199644726821.51$9,615
Mar 199639023919.38$7,558
Feb 199633019916.98$5,603
Jan 199639123817.07$6,674
Dec 199570124317.19$12,050
Nov 19956424516.00$1,024
Oct 199573722515.43$11,372
Sep 1995027116.18$0
Aug 199575928915.92$12,083
Jul 199547029715.24$7,163
Jun 1995025216.41$0
May 199547329717.56$8,306
Apr 199543928617.73$7,783
Mar 199545526916.44$7,480
Feb 199541620616.58$6,897
Jan 199546819115.92$7,451
Dec 199446529715.03$6,989
Nov 199446126715.90$7,330
Oct 1994029515.58$0
Sep 199447632915.29$7,278
Aug 199447037116.13$7,581
Jul 199447342617.56$8,306
Jun 199446427617.09$7,930
May 19944581515.88$7,273
Apr 1994472414.14$6,674
Mar 199448320712.46$6,018
Feb 199448427712.50$6,050
Jan 1994011612.66$0
Dec 199348231012.33$5,943
Nov 199344914914.49$6,506
Oct 1993023315.85$0
Sep 199347138815.03$7,079
Aug 199347238915.66$7,392
Jul 199347158015.46$7,282
Jun 199346247716.79$7,757
May 199346638917.68$8,239
Apr 199347530218.05$8,574
Mar 1993032218.14$0
Feb 199347036917.90$8,413
Jan 199346744116.93$7,906

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.

Jul 2008 — as filed, then multipliedworked
Oil                    5 bbl  × $131.08 =       $655
Casinghead gas         0 Mcf  × $ 11.39 =         $0

────────────────────────────────────────────────────
Month total                                     $655

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/9693 is the state's own key, not one this site invented.