OATES GAS UNIT

Name: OATES GAS UNIT lease production and value, Mar 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TEMA OIL AND GAS COMPANY (P-5 841329) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 201316District 09Field 652802002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.0 M

Mar 2004 – Feb 2016

Value, last 12 filed months

$530

at the published price for each month

Months reported

144

no gaps in the span

Streams

condensate, gas

The NEWARK, EAST (BARNETT SHALE) field

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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered

1981-10-15

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2004-08-16	158129
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,056 bbl	$65,444
Gas	Production	155,895 Mcf	$978,422
Total			$1,043,866

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 33.1514, -97.5953. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15137, -97.59527 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

7,680 ft

1 wells filed one

Completion to plug

11.0 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 7,680 ft.

Completions filed

Feb 2005

1 of 1 wells

Plug dates filed

Feb 2016

1 of 1 wells

Last completion to plug: a median of 11.0 years across the 1 well that filed both dates, with the middle half between 11.0 years and 11.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49735528	5	7,680 ft	Feb 2005	Feb 2016	Yes

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 (144)

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

144 months


Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	11	0	48.15	2.95	$530
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	2	90.40	4.86	$10
Dec 2013	0	273	91.82	4.35	$1,189
Nov 2013	0	950	88.85	3.74	$3,551
Oct 2013	0	1,010	97.42	3.78	$3,817
Sep 2013	0	1,044	104.11	3.72	$3,881
Aug 2013	0	1,036	104.25	3.52	$3,649
Jul 2013	0	1,112	102.52	3.72	$4,134
Jun 2013	0	1,100	94.40	3.93	$4,327
May 2013	23	1,137	94.83	4.15	$6,899
Apr 2013	0	748	93.96	4.28	$3,203
Mar 2013	0	1,045	93.62	3.91	$4,089
Feb 2013	0	986	91.23	3.42	$3,372
Jan 2013	0	1,091	91.60	3.42	$3,731
Dec 2012	0	937	86.77	3.42	$3,205
Nov 2012	0	949	86.95	3.62	$3,440
Oct 2012	34	982	89.38	3.40	$6,377
Sep 2012	0	871	94.67	2.92	$2,542
Aug 2012	0	1,033	92.66	2.91	$3,004
Jul 2012	0	883	85.13	3.02	$2,667
Jun 2012	0	510	79.82	2.52	$1,285
May 2012	0	83	91.61	2.49	$207
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	21	98.09	2.73	$57
Dec 2011	0	27	96.87	3.24	$87
Nov 2011	0	9	95.72	3.31	$30
Oct 2011	0	467	84.98	3.65	$1,704
Sep 2011	0	629	83.62	3.99	$2,507
Aug 2011	0	487	83.40	4.15	$2,021
Jul 2011	0	307	94.14	4.52	$1,387
Jun 2011	0	44	92.90	4.64	$204
May 2011	2	565	98.13	4.40	$2,685
Apr 2011	0	564	105.96	4.33	$2,444
Mar 2011	1	651	96.36	4.06	$2,738
Feb 2011	0	497	85.64	4.18	$2,077
Jan 2011	0	1,018	86.50	4.59	$4,671
Dec 2010	0	1,042	85.73	4.35	$4,530
Nov 2010	0	1,057	80.84	3.80	$4,012
Oct 2010	53	1,048	78.10	3.51	$7,817
Sep 2010	1	1,381	72.63	3.98	$5,568
Aug 2010	0	1,198	73.68	4.42	$5,294
Jul 2010	0	1,434	72.55	4.74	$6,792
Jun 2010	0	1,362	70.36	4.91	$6,688
May 2010	3	748	71.12	4.24	$3,381
Apr 2010	0	1,247	81.69	4.12	$5,141
Mar 2010	0	614	78.39	4.39	$2,695
Feb 2010	0	345	73.58	5.44	$1,878
Jan 2010	0	611	74.36	5.96	$3,644
Dec 2009	0	823	71.44	5.48	$4,513
Nov 2009	0	1,001	74.59	3.75	$3,755
Oct 2009	0	951	72.54	4.11	$3,909
Sep 2009	0	1,040	65.54	3.06	$3,187
Aug 2009	0	1,188	67.42	3.22	$3,824
Jul 2009	0	1,130	61.13	3.46	$3,915
Jun 2009	0	1,147	66.16	3.90	$4,468
May 2009	0	1,207	54.74	3.93	$4,738
Apr 2009	86	1,434	46.77	3.59	$9,167
Mar 2009	0	1,783	42.14	4.06	$7,237
Feb 2009	0	1,685	32.81	4.63	$7,807
Jan 2009	0	1,470	35.86	5.37	$7,895
Dec 2008	0	988	37.10	5.98	$5,905
Nov 2008	0	1,460	55.49	6.86	$10,016
Oct 2008	11	1,046	75.24	6.92	$8,068
Sep 2008	11	1,175	101.76	7.88	$10,375
Aug 2008	8	575	114.22	8.48	$5,792
Jul 2008	11	934	131.08	11.39	$12,080
Jun 2008	11	907	131.33	13.03	$13,265
May 2008	8	1,144	123.17	11.57	$14,226
Apr 2008	64	1,419	110.31	10.45	$21,895
Mar 2008	11	1,528	101.90	9.66	$15,888
Feb 2008	25	1,490	92.53	8.77	$15,381
Jan 2008	11	1,588	90.38	8.21	$14,025
Dec 2007	7	1,454	88.33	7.30	$11,235
Nov 2007	10	1,584	91.67	7.29	$12,467
Oct 2007	0	1,469	82.85	6.92	$10,168
Sep 2007	11	1,273	75.84	6.24	$8,783
Aug 2007	5	119	69.06	6.39	$1,105
Jul 2007	0	37	70.90	6.39	$236
Jun 2007	3	3	62.00	7.55	$209
May 2007	0	390	58.74	7.85	$3,060
Apr 2007	3	424	59.61	7.81	$3,488
Mar 2007	0	666	56.92	7.30	$4,863
Feb 2007	1	613	55.10	8.22	$5,092
Jan 2007	2	682	50.30	6.73	$4,688
Dec 2006	11	71	56.65	6.92	$1,114
Nov 2006	0	1	54.20	7.62	$8
Oct 2006	33	33	54.90	6.01	$2,010
Sep 2006	1	1	60.08	5.04	$65
Aug 2006	0	28	68.71	7.34	$206
Jul 2006	5	115	69.37	6.34	$1,076
Jun 2006	0	195	66.28	6.38	$1,245
May 2006	62	2,110	66.01	6.42	$17,649
Apr 2006	6	831	64.39	7.36	$6,503
Mar 2006	3	2,398	56.70	7.08	$17,155
Feb 2006	3	2,550	57.59	7.75	$19,938
Jan 2006	2	1,152	60.59	8.93	$10,412
Dec 2005	2	1,887	54.94	13.42	$25,425
Nov 2005	5	1,730	54.69	10.59	$18,591
Oct 2005	1	1,997	58.34	13.80	$27,608
Sep 2005	1	1,690	61.45	12.08	$20,475
Aug 2005	1	2,062	61.51	9.80	$20,263
Jul 2005	49	3,410	55.69	7.84	$29,476
Jun 2005	1	1,776	52.33	7.38	$13,161
May 2005	6	2,323	45.22	6.65	$15,722
Apr 2005	3	2,918	49.20	7.36	$21,625
Mar 2005	7	2,910	50.37	7.15	$21,173
Feb 2005	81	2,052	45.22	6.31	$16,615
Jan 2005	2	2,348	43.16	6.32	$14,931
Dec 2004	2	3,290	39.86	6.75	$22,291
Nov 2004	2	3,068	45.28	6.33	$19,512
Oct 2004	98	3,938	49.70	6.52	$30,527
Sep 2004	0	3,984	43.24	5.28	$21,051
Aug 2004	1	4,583	42.37	5.55	$25,481
Jul 2004	118	4,755	38.28	6.08	$33,447
Jun 2004	1	4,950	36.10	6.43	$31,880
May 2004	2	6,382	37.48	6.49	$41,523
Apr 2004	118	8,457	34.47	5.86	$53,612
Mar 2004	2	2,918	34.36	5.53	$16,206

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 2015 — as filed, then multipliedworked

Condensate            11 bbl  × $ 48.15 =       $530
Gas                    0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                     $530

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/201316 is the state's own key, not one this site invented.