OWENS

Operated by ECHO PRODUCTION, INC. (P-5 240125) in the GOOSENECK (MISS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26920District 09Field 35888400OilCasinghead gasSaveExport
Value, all time
$1.5 M
Jan 1993 – Feb 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
266
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 8 leases and 9 wells, and the rule below applies to all of them.

Discovered
1986-04-26
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

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 07/01/87.

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
OilDisposition52,766 bbl$1,487,949
Casinghead gasProduction30,183 Mcf$60,431
Total$1,548,380

11,180 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 32.9933, -98.6047. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.99326, -98.60466 · 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
4,400 ft
1 wells filed one
Completion to plug
24.7 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 4,400 ft.

Completions filed
Nov 1986
1 of 1 wells
Plug dates filed
Jul 2011
1 of 1 wells

Last completion to plug: a median of 24.7 years across the 1 well that filed both dates, with the middle half between 24.7 years and 24.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5033934814,400 ftNov 1986Jul 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 (266)

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

266 months

Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
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 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008175090.388.21$15,817
Dec 20070088.337.30$0
Nov 2007332091.677.29$30,434
Oct 20070082.856.92$0
Sep 2007173075.846.24$13,120
Aug 2007172069.066.39$11,878
Jul 2007179070.906.39$12,691
Jun 2007168062.007.55$10,416
May 2007357058.747.85$20,970
Apr 2007160059.617.81$9,538
Mar 2007181056.927.30$10,303
Feb 2007170055.108.22$9,367
Jan 2007174050.306.73$8,752
Dec 2006173056.656.92$9,800
Nov 2006168054.207.62$9,106
Oct 2006180054.906.01$9,882
Sep 2006170060.085.04$10,214
Aug 2006354068.717.34$24,323
Jul 2006176069.376.34$12,209
Jun 2006344066.286.38$22,800
May 2006179066.016.42$11,816
Apr 2006176064.397.36$11,333
Mar 2006355056.707.08$20,129
Feb 2006180057.597.75$10,366
Jan 2006177060.598.93$10,724
Dec 2005357054.9413.42$19,614
Nov 2005180054.6910.59$9,844
Oct 2005175058.3413.80$10,210
Sep 2005178061.4512.08$10,938
Aug 2005176061.519.80$10,826
Jul 2005350055.697.84$19,492
Jun 2005176052.337.38$9,210
May 2005355045.226.65$16,053
Apr 2005358049.207.36$17,614
Mar 2005180050.377.15$9,067
Feb 2005359045.226.31$16,234
Jan 2005361043.166.32$15,581
Dec 2004361039.866.75$14,389
Nov 2004355045.286.33$16,074
Oct 2004354049.706.52$17,594
Sep 2004352043.245.28$15,220
Aug 2004346042.375.55$14,660
Jul 2004352038.286.08$13,475
Jun 2004353036.106.43$12,743
May 2004303037.486.49$11,356
Apr 2004355034.475.86$12,237
Mar 2004525034.365.53$18,039
Feb 2004338032.455.51$10,968
Jan 2004169032.036.30$5,413
Dec 2003525030.266.30$15,887
Nov 2003356028.804.60$10,253
Oct 2003357028.174.76$10,057
Sep 2003356026.314.75$9,366
Aug 2003356029.765.13$10,595
Jul 2003357029.415.17$10,499
Jun 2003328028.565.98$9,368
May 20033381726.595.97$9,089
Apr 200351222926.675.41$14,893
Mar 200331625431.146.10$11,389
Feb 200332618233.487.93$12,357
Jan 200336514330.315.58$11,861
Dec 20023632626.914.85$9,895
Nov 20023526124.664.14$8,933
Oct 20023598426.464.23$9,854
Sep 2002532027.443.64$14,598
Aug 2002357025.963.16$9,268
Jul 200233815824.583.06$8,792
Jun 200252826623.733.34$13,417
May 200235718424.663.58$9,463
Apr 200234414423.653.51$8,641
Mar 200217524722.003.10$4,616
Feb 200254212518.222.38$10,172
Jan 200236128217.172.38$6,868
Dec 200135826216.932.36$6,680
Nov 200135822518.072.41$7,010
Oct 200135926319.782.53$7,766
Sep 200135911324.262.25$8,964
Aug 200153121724.873.05$13,869
Jul 200135420323.933.20$9,120
Jun 200135521524.563.82$9,541
May 200127819925.524.31$7,952
Apr 200153913624.685.34$14,028
Mar 200136311324.545.38$9,516
Feb 200136414527.755.77$10,937
Jan 200135927127.478.40$12,138
Dec 200036224726.889.12$11,984
Nov 200036227732.215.66$13,227
Oct 200036033331.235.15$12,956
Sep 200053637331.875.19$19,017
Aug 200035445629.644.54$12,563
Jul 2000495028.534.09$14,122
Jun 200036552529.304.40$13,003
May 200036144627.263.68$11,482
Apr 2000361024.513.12$8,848
Mar 20003606628.422.86$10,420
Feb 200054718927.622.73$15,623
Jan 200036419625.272.48$9,684
Dec 199936821724.282.42$9,461
Nov 199936324923.192.43$9,024
Oct 199934326120.982.80$7,928
Sep 199935529821.752.62$8,502
Aug 199935433719.262.88$7,787
Jul 199953433617.892.37$10,350
Jun 199935928815.942.36$6,403
May 199936133115.792.32$6,468
Apr 199954133915.102.21$8,918
Mar 199936024812.471.84$4,945
Feb 19993593709.981.82$4,255
Jan 199936241010.381.90$4,537
Dec 19985463329.201.77$5,612
Nov 199818315710.892.19$2,336
Oct 199835825512.421.97$4,949
Sep 199836140712.592.08$5,393
Aug 199833552211.301.91$4,781
Jul 199835635311.742.24$4,969
Jun 199818032311.242.24$2,746
May 199835836412.622.21$5,321
Apr 199836134613.042.51$5,574
Mar 199854548712.802.31$8,101
Feb 19981815813.952.30$2,658
Jan 199836548014.702.15$6,400
Dec 199736621216.322.41$6,484
Nov 199718349818.193.09$4,867
Oct 199718238919.253.15$4,729
Sep 199745041517.742.95$9,209
Aug 199733545617.862.55$7,148
Jul 199734649917.582.25$7,204
Jun 199732530617.242.26$6,294
May 199730823218.972.31$6,378
Apr 199715713217.882.08$3,082
Mar 19973559118.951.94$6,904
Feb 199707520.492.21$165
Jan 19973405823.483.54$8,189
Dec 199617811623.32$4,151
Nov 199617117821.97$3,757
Oct 199617021823.31$3,963
Sep 199615116222.22$3,355
Aug 199617317620.26$3,505
Jul 199633213919.55$6,491
Jun 199618127218.73$3,390
May 199632432919.43$6,295
Apr 199617320321.51$3,721
Mar 199617620819.38$3,411
Feb 199616816216.98$2,853
Jan 199615918617.07$2,714
Dec 19959724117.19$1,667
Nov 199528333216.00$4,528
Oct 199535647515.43$5,493
Sep 199532316316.18$5,226
Aug 199512818415.92$2,038
Jul 199517312215.24$2,637
Jun 1995010216.41$0
May 199517519817.56$3,073
Apr 199531721717.73$5,620
Mar 199517018716.44$2,795
Feb 199515618916.58$2,586
Jan 199536114115.92$5,747
Dec 199430920415.03$4,644
Nov 199416720215.90$2,655
Oct 199417217415.58$2,680
Sep 199418020615.29$2,752
Aug 1994021116.13$0
Jul 199417820817.56$3,126
Jun 199415320617.09$2,615
May 199431817915.88$5,050
Apr 199418017614.14$2,545
Mar 199417125112.46$2,131
Feb 199432825312.50$4,100
Jan 199418122312.66$2,291
Dec 199318227612.33$2,244
Nov 199318022214.49$2,608
Oct 199318034715.85$2,853
Sep 199334432215.03$5,170
Aug 199317540715.66$2,741
Jul 199317832515.46$2,752
Jun 199315640116.79$2,619
May 199329626517.68$5,233
Apr 199316830918.05$3,032
Mar 199333830318.14$6,131
Feb 199316731717.90$2,989
Jan 199329029316.93$4,910

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.

Jan 2008 — as filed, then multipliedworked
Oil                  175 bbl  × $ 90.38 =    $15,817
Casinghead gas         0 Mcf  × $  8.21 =         $0

────────────────────────────────────────────────────
Month total                                  $15,817

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/26920 is the state's own key, not one this site invented.