OSBORNE 35

Operated by BCE-MACH III LLC (P-5 40209) in the RED DEER CREEK (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 223667District 10Field 752003002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Dec 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
234
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 157 leases and 157 wells, and the rule below applies to all of them.

Discovered
1978-03-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-09-09.

The Commission's schedule remark for this field reads: AND PLAT AS LONG AS THE ALLOCATION IS SUSPENDED.

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 Gas112008-02-11174178
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
CondensateDisposition8,193 bbl$589,302
GasProduction464,351 Mcf$2,953,643
Total$3,542,945

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 35.7840, -100.6042. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.78401, -100.60420 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,600 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
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 10,600 ft.

Completions filed
Dec 2006
1 of 1 wells

1 well

42-393318871110,600 ftDec 2006

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 (234)

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

234 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
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 20181159.543.11$63
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 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20171149.413.42$53
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 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015012043.552.43$291
Sep 201513426742.992.76$6,497
Aug 2015018540.162.87$531
Jul 2015027748.152.95$816
Jun 2015013356.152.88$383
May 2015018855.212.96$556
Apr 2015011349.822.71$306
Mar 2015021742.892.93$637
Feb 201501,01144.662.98$3,009
Jan 2015291,07143.433.10$4,580
Dec 201431,15754.693.59$4,319
Nov 2014191170.464.25$3,944
Oct 2014036078.303.90$1,404
Sep 201431,73786.164.05$7,285
Aug 201411,08889.394.04$4,480
Jul 201421,13096.564.18$4,916
Jun 2014063198.164.74$2,989
May 2014083594.734.73$3,947
Apr 201401,12795.944.81$5,420
Mar 2014095195.895.06$4,809
Feb 2014097797.406.19$6,050
Jan 2014048290.404.86$2,343
Dec 2013571,15391.824.35$10,254
Nov 20137457088.853.74$8,706
Oct 2013081297.423.78$3,069
Sep 20130295104.113.72$1,097
Aug 201301,075104.253.52$3,787
Jul 201302,032102.523.72$7,554
Jun 201302,12794.403.93$8,366
May 20131782,22994.834.15$26,128
Apr 201302,40893.964.28$10,312
Mar 201302,63393.623.91$10,303
Feb 20131701,86991.233.42$21,901
Jan 201302,21991.603.42$7,589
Dec 201202,36986.773.42$8,102
Nov 201202,83986.953.62$10,291
Oct 20121802,38889.383.40$24,207
Sep 201203,27894.672.92$9,567
Aug 201203,39692.662.91$9,876
Jul 201203,38185.133.02$10,213
Jun 201203,76379.822.52$9,479
May 20121873,77091.612.49$26,512
Apr 201203,506101.652.00$7,001
Mar 20121883,735105.052.22$28,049
Feb 201203,633101.102.57$9,338
Jan 20121723,82498.092.73$27,327
Dec 201103,74396.873.24$12,126
Nov 201103,54195.723.31$11,725
Oct 20111863,86984.983.65$29,922
Sep 201103,79383.623.99$15,118
Aug 20111794,11783.404.15$32,011
Jul 201104,22794.144.52$19,094
Jun 20111834,08992.904.64$35,973
May 201105,08898.134.40$22,412
Apr 20113554,862105.964.33$58,684
Mar 201104,70296.364.06$19,078
Feb 201103,58085.644.18$14,964
Jan 20111656,49686.504.59$44,081
Dec 20101887,13485.734.35$47,134
Nov 20103608,64880.843.80$61,924
Oct 201002,85578.103.51$10,018
Sep 2010045572.633.98$1,811
Aug 2010056373.684.42$2,488
Jul 2010055472.554.74$2,624
Jun 2010057270.364.91$2,809
May 2010060171.124.24$2,545
Apr 2010061181.694.12$2,519
Mar 2010066378.394.39$2,910
Feb 2010061173.585.44$3,325
Jan 2010071274.365.96$4,246
Dec 2009072871.445.48$3,992
Nov 2009073374.593.75$2,750
Oct 2009075072.544.11$3,083
Sep 2009079965.543.06$2,449
Aug 200916383667.423.22$13,680
Jul 2009088061.133.46$3,049
Jun 2009093266.163.90$3,630
May 200901,01654.743.93$3,989
Apr 200901,02846.773.59$3,688
Mar 200901,29342.144.06$5,248
Feb 200901,07332.814.63$4,971
Jan 200901,13735.865.37$6,107
Dec 200801,96637.105.98$11,751
Nov 200802,67755.496.86$18,365
Oct 200803,47675.246.92$24,061
Sep 200804,321101.767.88$34,037
Aug 200805,472114.228.48$46,419
Jul 200805,790131.0811.39$65,945
Jun 200806,187131.3313.03$80,633
May 200807,345123.1711.57$85,013
Apr 200808,649110.3110.45$90,424
Mar 200807,167101.909.66$69,262
Feb 20081967,92892.538.77$87,669
Jan 200805,68790.388.21$46,666
Dec 20071997,77188.337.30$74,321
Nov 200718,97091.677.29$65,498
Oct 20071838,75082.856.92$75,729
Sep 20071849,79475.846.24$75,110
Aug 200719812,46569.066.39$93,300
Jul 200739012,86370.906.39$109,819
Jun 200719212,27362.007.55$104,546
May 200777716,58358.747.85$175,756
Apr 200719818,11859.617.81$153,217
Mar 200739728,94256.927.30$233,931
Feb 200739831,05255.108.22$277,053
Jan 200795031,36950.306.73$258,800
Dec 200677037,17156.656.92$300,786

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.

Sep 2018 — as filed, then multipliedworked
Condensate             1 bbl  × $ 59.54 =        $60
Gas                    1 Mcf  × $  3.11 =         $3

────────────────────────────────────────────────────
Month total                                      $63

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/223667 is the state's own key, not one this site invented.