O'LOUGHLIN B

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the HANSFORD (MORROW, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 199648District 10Field 387975582 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Feb 2004 – Oct 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
213
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 361 leases and 361 wells, and the rule below applies to all of them.

Discovered
1959-01-01
as the register files it
Field class
Gas
the register's own label
Between wells
2,500 ft
minimum
From a lease line
1,250 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1959-01-01.

The Commission's schedule remark for this field reads: SURVEY

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112005-02-17160213
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition360 bbl$16,304
GasProduction685,810 Mcf$4,203,191
Total$4,219,495

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 36.2625, -101.1875. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.26246, -101.18753 · 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
7,950 ft
1 wells filed one
Completion to plug
17.6 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 7,950 ft.

Completions filed
Feb 2004
1 of 1 wells
Plug dates filed
Sep 2021
1 of 1 wells

Last completion to plug: a median of 17.6 years across the 1 well that filed both dates, with the middle half between 17.6 years and 17.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1953163537,950 ftFeb 2004Sep 2021Yes

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 (213)

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

213 months

Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 2017164045.373.26$7,441
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016082933.011.79$1,487
Feb 201601,89926.472.06$3,919
Jan 201601,58927.352.36$3,757
Dec 201501,54932.362.00$3,100
Nov 201501,65038.792.17$3,576
Oct 201501,83943.552.43$4,462
Sep 201501,84242.992.76$5,081
Aug 201502,00940.162.87$5,771
Jul 201502,26048.152.95$6,656
Jun 201502,28156.152.88$6,576
May 201501,83855.212.96$5,432
Apr 201501,18949.822.71$3,218
Mar 201501,66042.892.93$4,872
Feb 201501,59544.662.98$4,747
Jan 201501,91443.433.10$5,935
Dec 201402,12654.693.59$7,635
Nov 201402,08870.464.25$8,878
Oct 201401,59678.303.90$6,226
Sep 201401,86986.164.05$7,561
Aug 201402,17389.394.04$8,768
Jul 201402,18296.564.18$9,120
Jun 201402,21798.164.74$10,502
May 201402,18894.734.73$10,342
Apr 201402,32195.944.81$11,162
Mar 201402,13595.895.06$10,796
Feb 201402,19097.406.19$13,560
Jan 201402,00290.404.86$9,731
Dec 201302,00791.824.35$8,739
Nov 201302,39988.853.74$8,968
Oct 201302,44497.423.78$9,237
Sep 201302,447104.113.72$9,097
Aug 201302,866104.253.52$10,096
Jul 201303,659102.523.72$13,603
Jun 201303,82494.403.93$15,041
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013054193.623.91$2,117
Feb 201301,30291.233.42$4,453
Jan 201301,04891.603.42$3,584
Dec 201202,45586.773.42$8,396
Nov 201202,33986.953.62$8,479
Oct 201202,34289.383.40$7,962
Sep 201202,54994.672.92$7,439
Aug 201202,60392.662.91$7,570
Jul 201202,82185.133.02$8,522
Jun 201202,11479.822.52$5,325
May 201202,91591.612.49$7,253
Apr 201201,939101.652.00$3,872
Mar 201202,546105.052.22$5,657
Feb 201202,729101.102.57$7,014
Jan 201203,00198.092.73$8,205
Dec 201102,38196.873.24$7,714
Nov 201102,81195.723.31$9,308
Oct 201102,51984.983.65$9,191
Sep 201102,72183.623.99$10,845
Aug 201102,89883.404.15$12,025
Jul 201103,07694.144.52$13,895
Jun 201102,75592.904.64$12,783
May 201103,01398.134.40$13,272
Apr 201102,997105.964.33$12,987
Mar 201103,25096.364.06$13,186
Feb 201102,57585.644.18$10,763
Jan 201102,88686.504.59$13,243
Dec 201003,33585.734.35$14,500
Nov 201002,47380.843.80$9,386
Oct 201003,24778.103.51$11,393
Sep 201003,10372.633.98$12,348
Aug 201003,74773.684.42$16,559
Jul 201002,43172.554.74$11,514
Jun 201003,04070.364.91$14,928
May 201003,44271.124.24$14,578
Apr 201003,28981.694.12$13,560
Mar 201003,40778.394.39$14,952
Feb 201003,31973.585.44$18,063
Jan 201003,07174.365.96$18,316
Dec 200903,40271.445.48$18,656
Nov 200903,38174.593.75$12,684
Oct 200903,43772.544.11$14,127
Sep 200903,45065.543.06$10,573
Aug 200903,71467.423.22$11,954
Jul 200903,87361.133.46$13,418
Jun 200903,42266.163.90$13,329
May 200903,91654.743.93$15,373
Apr 200904,02046.773.59$14,422
Mar 200903,79842.144.06$15,416
Feb 200903,15932.814.63$14,636
Jan 200903,03235.865.37$16,285
Dec 200803,58237.105.98$21,410
Nov 200803,80655.496.86$26,111
Oct 200804,10675.246.92$28,422
Sep 200804,089101.767.88$32,209
Aug 200804,012114.228.48$34,034
Jul 200804,331131.0811.39$49,328
Jun 200804,250131.3313.03$55,389
May 200804,320123.1711.57$50,001
Apr 200804,457110.3110.45$46,597
Mar 200804,677101.909.66$45,199
Feb 200801,86392.538.77$16,340
Jan 200805,25090.388.21$43,080
Dec 200704,34688.337.30$31,734
Nov 200703,65691.677.29$26,658
Oct 200704,45982.856.92$30,865
Sep 200705,17875.846.24$32,332
Aug 200704,34169.066.39$27,730
Jul 200705,10570.906.39$32,610
Jun 200705,12662.007.55$38,693
May 200705,57458.747.85$43,735
Apr 200705,36259.617.81$41,851
Mar 200705,30256.927.30$38,715
Feb 200704,62855.108.22$38,024
Jan 200705,25050.306.73$35,316
Dec 200605,19956.656.92$35,969
Nov 200605,39054.207.62$41,058
Oct 200605,52454.906.01$33,220
Sep 200605,58860.085.04$28,148
Aug 200606,02268.717.34$44,201
Jul 200606,25069.376.34$39,642
Jun 200606,03366.286.38$38,514
May 200606,37666.016.42$40,966
Apr 200606,56764.397.36$48,336
Mar 200606,98256.707.08$49,453
Feb 200606,33157.597.75$49,072
Jan 200607,59560.598.93$67,849
Dec 200506,38454.9413.42$85,644
Nov 200507,42854.6910.59$78,651
Oct 200507,54258.3413.80$104,048
Sep 200507,98861.4512.08$96,487
Aug 200507,79161.519.80$76,327
Jul 200508,61255.697.84$67,549
Jun 200508,69952.337.38$64,208
May 20051968,31345.226.65$64,154
Apr 200509,03149.207.36$66,472
Mar 200509,58250.377.15$68,558
Feb 200509,01745.226.31$56,915
Jan 2005010,37943.166.32$65,618
Dec 2004010,13839.866.75$68,442
Nov 200408,82645.286.33$55,872
Oct 2004011,56449.706.52$75,341
Sep 2004011,89743.245.28$62,863
Aug 2004013,34542.375.55$74,074
Jul 2004014,21138.286.08$86,462
Jun 2004015,55436.106.43$100,059
May 2004017,82337.486.49$115,753
Apr 2004020,65334.475.86$120,995
Mar 2004029,06834.365.53$160,750
Feb 2004032,72832.455.51$180,319

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.

May 2017 — as filed, then multipliedworked
Condensate           164 bbl  × $ 45.37 =     $7,441
Gas                    0 Mcf  × $  3.26 =         $0

────────────────────────────────────────────────────
Month total                                   $7,441

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. 10/G/199648 is the state's own key, not one this site invented.