OSBORNE 37

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 223695District 10Field 752003002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Nov 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
235
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 Gas112008-02-11174174
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
CondensateDisposition3,053 bbl$203,759
GasProduction215,261 Mcf$1,434,017
Total$1,637,776

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 35.7516, -100.6166. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.75164, -100.61664 · 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
10,950 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 10,950 ft.

Completions filed
Nov 2006
1 of 1 wells

1 well

42-39331850210,950 ftNov 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 (235)

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

235 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 20193353.472.42$168
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 201802962.874.01$116
Dec 201707757.272.92$225
Nov 201703555.423.12$109
Oct 201708349.292.98$248
Sep 2017010047.523.09$309
Aug 2017015545.373.00$466
Jul 2017012443.873.09$383
Jun 2017017342.493.09$534
May 2017011845.373.26$385
Apr 2017011547.933.21$369
Mar 2017017146.772.98$510
Feb 2017018350.452.95$540
Jan 2017022749.413.42$776
Dec 2016024248.763.72$901
Nov 2016027542.492.64$727
Oct 201617727546.193.09$9,025
Sep 2016030541.553.10$946
Aug 2016035941.442.92$1,050
Jul 2016040941.622.92$1,196
Jun 2016042945.352.69$1,152
May 2016049342.521.99$982
Apr 2016053836.561.99$1,071
Mar 2016057233.011.79$1,026
Feb 2016054826.472.06$1,131
Jan 2016083627.352.36$1,977
Dec 2015146732.362.00$967
Nov 2015016338.792.17$353
Oct 2015025643.552.43$621
Sep 2015041242.992.76$1,136
Aug 2015033240.162.87$954
Jul 201519244748.152.95$10,561
Jun 2015060956.152.88$1,756
May 2015337155.212.96$1,262
Apr 2015261949.822.71$1,775
Mar 2015068842.892.93$2,019
Feb 2015435044.662.98$1,220
Jan 2015169143.433.10$2,186
Dec 2014785854.693.59$3,464
Nov 2014167370.464.25$2,932
Oct 201421,08778.303.90$4,397
Sep 2014169686.164.05$2,902
Aug 2014225389.394.04$1,200
Jul 2014151,79096.564.18$8,930
Jun 201471,63098.164.74$8,408
May 20145694.734.73$502
Apr 201404295.944.81$202
Mar 20140795.895.06$35
Feb 20140097.406.19$0
Jan 201401690.404.86$78
Dec 201303691.824.35$157
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 201201489.383.40$48
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 2012013291.612.49$328
Apr 20120412101.652.00$823
Mar 20120400105.052.22$889
Feb 201200101.102.57$0
Jan 201209998.092.73$271
Dec 2011029096.873.24$940
Nov 2011022395.723.31$738
Oct 2011012684.983.65$460
Sep 2011016483.623.99$654
Aug 201105083.404.15$207
Jul 2011016794.144.52$754
Jun 201116918392.904.64$16,549
May 2011064998.134.40$2,859
Apr 20110609105.964.33$2,639
Mar 2011058196.364.06$2,357
Feb 2011052185.644.18$2,178
Jan 2011070486.504.59$3,231
Dec 2010066185.734.35$2,874
Nov 2010086780.843.80$3,291
Oct 2010090978.103.51$3,190
Sep 2010094172.633.98$3,745
Aug 2010098373.684.42$4,344
Jul 201016098772.554.74$16,283
Jun 201001,02370.364.91$5,023
May 201001,05571.124.24$4,468
Apr 201001,02281.694.12$4,213
Mar 201001,06078.394.39$4,652
Feb 2010089873.585.44$4,887
Jan 201001,16174.365.96$6,924
Dec 200901,19871.445.48$6,570
Nov 200901,21974.593.75$4,573
Oct 200901,26772.544.11$5,208
Sep 200901,08565.543.06$3,325
Aug 200901,03267.423.22$3,321
Jul 2009059361.133.46$2,054
Jun 2009093066.163.90$3,622
May 200901,05854.743.93$4,153
Apr 20091741,19046.773.59$12,407
Mar 2009099442.144.06$4,035
Feb 200901,32632.814.63$6,143
Jan 200901,22135.865.37$6,558
Dec 200801,53037.105.98$9,145
Nov 200801,81955.496.86$12,479
Oct 200801,97575.246.92$13,671
Sep 200801,876101.767.88$14,777
Aug 200801,604114.228.48$13,607
Jul 200802,311131.0811.39$26,321
Jun 20081811,938131.3313.03$49,028
May 200802,591123.1711.57$29,989
Apr 200802,396110.3110.45$25,050
Mar 200801,784101.909.66$17,241
Feb 200803,31492.538.77$29,066
Jan 200805,01490.388.21$41,144
Dec 200704,75988.337.30$34,750
Nov 20071844,72291.677.29$51,299
Oct 200706,69982.856.92$46,370
Sep 20071938,84375.846.24$69,854
Aug 200708,72169.066.39$55,709
Jul 20071929,68670.906.39$75,486
Jun 20071966,05362.007.55$57,843
May 20071924,31758.747.85$45,150
Apr 20071985,41659.617.81$54,076
Mar 200705,92556.927.30$43,264
Feb 200706,77155.108.22$55,631
Jan 200719410,14850.306.73$78,022
Dec 200620120,39056.656.92$152,454
Nov 200639635,28254.207.62$290,223

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.

Oct 2019 — as filed, then multipliedworked
Condensate             3 bbl  × $ 53.47 =       $160
Gas                    3 Mcf  × $  2.42 =         $7

────────────────────────────────────────────────────
Month total                                     $168

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/223695 is the state's own key, not one this site invented.