ORM

Operated by WISE PRODUCTION COMPANY (P-5 933825) in the EANES (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14982District 09Field 27144375OilCasinghead gasSave
Value, all time
$62 k
Jan 1993 – Apr 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
184
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
OilDisposition2,779 bbl$49,346
Casinghead gasProduction3,169 Mcf$12,241
Total$61,587

48 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 (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 33.5266, -97.9618. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.52659, -97.96179 · 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
7,005 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
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 7,005 ft.

Plug dates filed
Feb 2008
1 of 1 wells

1 well

42-337201263 U7,005 ftFeb 2008Yes

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 (184)

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

184 months

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 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 200316029.765.13$476
Jul 20030029.415.17$0
Jun 2003012528.565.98$748
May 20034313826.595.97$1,968
Apr 2003011026.675.41$595
Mar 2003013831.146.10$841
Feb 2003012133.487.93$959
Jan 2003011230.315.58$625
Dec 20024110526.914.85$1,613
Nov 2002010424.664.14$430
Oct 2002010426.464.23$440
Sep 2002012327.443.64$447
Aug 2002010325.963.16$326
Jul 2002437124.583.06$1,274
Jun 20020323.733.34$10
May 200237124.663.58$916
Apr 20020623.653.51$21
Mar 200202622.003.10$81
Feb 200205818.222.38$138
Jan 200206617.172.38$157
Dec 200106916.932.36$163
Nov 2001426718.072.41$920
Oct 200104319.782.53$109
Sep 200106524.262.25$146
Aug 200107324.873.05$223
Jul 200103223.933.20$102
Jun 2001425924.563.82$1,257
May 200105625.524.31$241
Apr 200105224.685.34$277
Mar 2001505524.545.38$1,523
Feb 200104527.755.77$260
Jan 200104527.478.40$378
Dec 20000026.889.12$0
Nov 200042432.215.66$1,375
Oct 200001231.235.15$62
Sep 200040031.875.19$1,275
Aug 2000431729.644.54$1,352
Jul 20000828.534.09$33
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 199935010.381.90$363
Dec 19980439.201.77$76
Nov 19980010.892.19$0
Oct 199804312.421.97$85
Sep 199806312.592.08$131
Aug 1998425611.301.91$581
Jul 199808111.742.24$181
Jun 1998397311.242.24$602
May 199806612.622.21$146
Apr 1998447013.042.51$749
Mar 199807512.802.31$173
Feb 1998447113.952.30$777
Jan 199806214.702.15$134
Dec 1997469716.322.41$985
Nov 1997456618.193.09$1,022
Oct 19971063519.253.15$2,151
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970117.882.08$2
Mar 19970118.951.94$2
Feb 19970120.492.21$2
Jan 19970123.483.54$4
Dec 19960123.32$0
Nov 19960121.97$0
Oct 19960123.31$0
Sep 19960122.22$0
Aug 19960120.26$0
Jul 199668119.55$1,329
Jun 19960118.73$0
May 19960119.43$0
Apr 199667121.51$1,441
Mar 19960119.38$0
Feb 199663116.98$1,070
Jan 19960117.07$0
Dec 19950117.19$0
Nov 199560116.00$960
Oct 199568115.43$1,049
Sep 19950116.18$0
Aug 199563115.92$1,003
Jul 199563115.24$960
Jun 199567116.41$1,099
May 199565117.56$1,141
Apr 199564117.73$1,135
Mar 19950116.44$0
Feb 199566116.58$1,094
Jan 19950115.92$0
Dec 199465115.03$977
Nov 19940115.90$0
Oct 199453115.58$826
Sep 199456115.29$856
Aug 199457116.13$919
Jul 199463117.56$1,106
Jun 199460117.09$1,025
May 199462115.88$985
Apr 19940114.14$0
Mar 199464112.46$797
Feb 199465112.50$813
Jan 199459112.66$747
Dec 19930112.33$0
Nov 199364114.49$927
Oct 1993125115.85$1,981
Sep 19930115.03$0
Aug 19930115.66$0
Jul 199360115.46$928
Jun 1993119116.79$1,998
May 19930117.68$0
Apr 199361118.05$1,101
Mar 199366118.14$1,197
Feb 199363117.90$1,128
Jan 199363116.93$1,067

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.

Aug 2003 — as filed, then multipliedworked
Oil                   16 bbl  × $ 29.76 =       $476
Casinghead gas         0 Mcf  × $  5.13 =         $0

────────────────────────────────────────────────────
Month total                                     $476

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/O/14982 is the state's own key, not one this site invented.