OWENS, W. B.

Operated by BORDERLINE OPERATING CORP. (P-5 82999) in the L.W.T. (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 111858District 09Field 50603150CondensateGasSaveExport
Value, all time
$231 k
Jan 1993 – Apr 2011
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
220
no gaps in the span
Streams
2
condensate, 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 6 leases and 8 wells, and the rule below applies to all of them.

Discovered
1982-07-14
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

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
CondensateDisposition534 bbl$10,878
GasProduction79,849 Mcf$220,304
Total$231,182

28,986 Mcf of this lease's gas, across 47 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 (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 33.1570, -98.2076. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15703, -98.20757 · 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
100.0%
1 of 1 wells
Median depth
5,150 ft
1 wells filed one
Completion to plug
26.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 5,150 ft.

Completions filed
Jun 1984
1 of 1 wells
Plug dates filed
Apr 2011
1 of 1 wells

Last completion to plug: a median of 26.8 years across the 1 well that filed both dates, with the middle half between 26.8 years and 26.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2373453515,150 ftJun 1984Apr 2011Yes

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 (220)

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

220 months

Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201103785.644.18$155
Jan 2011013486.504.59$615
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010010472.633.98$414
Aug 2010010673.684.42$468
Jul 2010012772.554.74$602
Jun 201008270.364.91$403
May 201007271.124.24$305
Apr 201003881.694.12$157
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20091174.593.75$78
Oct 200903672.544.11$148
Sep 200903265.543.06$98
Aug 20091667.423.22$87
Jul 20090061.133.46$0
Jun 20090366.163.90$12
May 200905154.743.93$200
Apr 200918446.773.59$348
Mar 20096742.144.06$281
Feb 2009018932.814.63$876
Jan 20094435.865.37$165
Dec 20083337.105.98$129
Nov 2008021055.496.86$1,441
Oct 2008019275.246.92$1,329
Sep 2008044101.767.88$347
Aug 2008085114.228.48$721
Jul 20080178131.0811.39$2,027
Jun 20080163131.3313.03$2,124
May 20080221123.1711.57$2,558
Apr 20080300110.3110.45$3,136
Mar 20080147101.909.66$1,421
Feb 200809692.538.77$842
Jan 2008015190.388.21$1,239
Dec 2007034888.337.30$2,541
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 200703075.846.24$187
Aug 200708269.066.39$524
Jul 200709070.906.39$575
Jun 200708862.007.55$664
May 200708958.747.85$698
Apr 200708459.617.81$656
Mar 2007013256.927.30$964
Feb 2007016455.108.22$1,347
Jan 2007019250.306.73$1,292
Dec 200608156.656.92$560
Nov 2006010654.207.62$807
Oct 2006014854.906.01$890
Sep 2006025060.085.04$1,259
Aug 2006015068.717.34$1,101
Jul 2006017669.376.34$1,116
Jun 2006018466.286.38$1,175
May 20060066.016.42$0
Apr 2006012664.397.36$927
Mar 2006019756.707.08$1,395
Feb 2006016957.597.75$1,310
Jan 2006011260.598.93$1,001
Dec 2005014254.9413.42$1,905
Nov 2005021054.6910.59$2,224
Oct 2005026258.3413.80$3,614
Sep 2005022261.4512.08$2,682
Aug 2005016661.519.80$1,626
Jul 2005010055.697.84$784
Jun 2005014252.337.38$1,048
May 2005026345.226.65$1,749
Apr 2005027649.207.36$2,031
Mar 2005025150.377.15$1,796
Feb 2005024745.226.31$1,559
Jan 2005029743.166.32$1,878
Dec 2004027839.866.75$1,877
Nov 2004030745.286.33$1,943
Oct 2004036349.706.52$2,365
Sep 2004037743.245.28$1,992
Aug 2004043542.375.55$2,415
Jul 2004042838.286.08$2,604
Jun 2004043636.106.43$2,805
May 2004043937.486.49$2,851
Apr 2004030434.475.86$1,781
Mar 2004032834.365.53$1,814
Feb 2004030732.455.51$1,691
Jan 2004033732.036.30$2,123
Dec 2003037330.266.30$2,351
Nov 2003036028.804.60$1,654
Oct 2003038128.174.76$1,813
Sep 2003040526.314.75$1,923
Aug 2003040829.765.13$2,093
Jul 2003045529.415.17$2,353
Jun 2003039328.565.98$2,351
May 2003056826.595.97$3,392
Apr 2003042726.675.41$2,309
Mar 2003031431.146.10$1,914
Feb 2003042233.487.93$3,345
Jan 2003045030.315.58$2,512
Dec 2002041826.914.85$2,029
Nov 2002044824.664.14$1,853
Oct 2002046826.464.23$1,979
Sep 2002048727.443.64$1,770
Aug 2002027125.963.16$857
Jul 2002035024.583.06$1,072
Jun 2002039623.733.34$1,322
May 2002040324.663.58$1,444
Apr 2002039723.653.51$1,394
Mar 2002048622.003.10$1,508
Feb 2002048818.222.38$1,159
Jan 2002053717.172.38$1,276
Dec 2001054316.932.36$1,284
Nov 2001029918.072.41$719
Oct 2001557119.782.53$1,543
Sep 2001062524.262.25$1,407
Aug 2001061524.873.05$1,878
Jul 2001056423.933.20$1,803
Jun 2001048124.563.82$1,839
May 2001041225.524.31$1,775
Apr 2001043124.685.34$2,300
Mar 2001033824.545.38$1,817
Feb 2001031127.755.77$1,794
Jan 2001024527.478.40$2,058
Dec 2000019626.889.12$1,788
Nov 2000016732.215.66$945
Oct 2000037131.235.15$1,909
Sep 2000063431.875.19$3,288
Aug 2000051529.644.54$2,338
Jul 2000062228.534.09$2,544
Jun 2000060029.304.40$2,638
May 2000037127.263.68$1,365
Apr 2000032724.513.12$1,019
Mar 2000016728.422.86$478
Feb 2000051727.622.73$1,410
Jan 200012146725.272.48$4,216
Dec 1999065224.282.42$1,580
Nov 1999037723.192.43$918
Oct 1999046820.982.80$1,312
Sep 1999032521.752.62$851
Aug 1999038219.262.88$1,098
Jul 1999042317.892.37$1,004
Jun 1999044615.942.36$1,054
May 1999048215.792.32$1,119
Apr 1999046015.102.21$1,016
Mar 1999046612.471.84$857
Feb 199903299.981.82$598
Jan 1999048910.381.90$929
Dec 199803749.201.77$663
Nov 1998040710.892.19$890
Oct 1998043312.421.97$853
Sep 1998042312.592.08$881
Aug 1998044211.301.91$843
Jul 1998039811.742.24$890
Jun 1998032811.242.24$734
May 1998043412.622.21$958
Apr 1998040713.042.51$1,020
Mar 1998054212.802.31$1,252
Feb 1998056413.952.30$1,297
Jan 1998056814.702.15$1,224
Dec 1997050016.322.41$1,206
Nov 1997049318.193.09$1,523
Oct 1997053419.253.15$1,682
Sep 1997058017.742.95$1,714
Aug 1997060717.862.55$1,551
Jul 1997058317.582.25$1,310
Jun 1997055617.242.26$1,255
May 1997057418.972.31$1,325
Apr 1997060117.882.08$1,252
Mar 1997061618.951.94$1,195
Feb 19978771520.492.21$3,360
Jan 1997057323.483.54$2,028
Dec 1996066823.32$0
Nov 1996070321.97$0
Oct 1996066223.31$0
Sep 1996066422.22$0
Aug 1996077520.26$0
Jul 1996066919.55$0
Jun 1996068618.73$0
May 19966069419.43$1,166
Apr 1996069621.51$0
Mar 1996087119.38$0
Feb 1996095616.98$0
Jan 199601,02517.07$0
Dec 199501,04817.19$0
Nov 199501,23516.00$0
Oct 1995621,48015.43$957
Sep 199501,84316.18$0
Aug 199501,62915.92$0
Jul 1995045615.24$0
Jun 1995022316.41$0
May 19956146717.56$1,071
Apr 199502517.73$0
Mar 19950516.44$0
Feb 19950716.58$0
Jan 199504615.92$0
Dec 199404715.03$0
Nov 199402815.90$0
Oct 19940015.58$0
Sep 1994034115.29$0
Aug 1994066216.13$0
Jul 1994023117.56$0
Jun 1994030517.09$0
May 1994029315.88$0
Apr 1994028514.14$0
Mar 1994013012.46$0
Feb 1994016712.50$0
Jan 1994044912.66$0
Dec 1993056912.33$0
Nov 1993067914.49$0
Oct 1993073915.85$0
Sep 1993072015.03$0
Aug 1993069815.66$0
Jul 1993046215.46$0
Jun 199312297716.79$2,048
May 1993096917.68$0
Apr 1993049118.05$0
Mar 1993082718.14$0
Feb 1993064017.90$0
Jan 1993074416.93$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.

Feb 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 85.64 =         $0
Gas                   37 Mcf  × $  4.18 =       $155

────────────────────────────────────────────────────
Month total                                     $155

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. 09/G/111858 is the state's own key, not one this site invented.