OIL DEVELOPMENT CO.

Name: OIL DEVELOPMENT CO. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BUSCHMAN, ALVIN (P-5 112575) in the TWIN (MARMATON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 22763District 10Field 92038555CondensateGasSave Export

Value, all time

$48 k

Jan 1993 – Apr 2016

Value, last 12 filed months

at the published price for each month

Months reported

280

no gaps in the span

Streams

condensate, gas

The TWIN (MARMATON) field

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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered

1957-01-12

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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.

Stream	Basis	Volume	Value
Condensate	Disposition	40 bbl	$4,170
Gas	Production	8,478 Mcf	$44,138
Total			$48,308

106 Mcf of this lease's gas, across 10 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 36.3742, -101.1461. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.37423, -101.14613 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

7,527 ft

1 wells filed one

Completion to plug

58.3 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 7,527 ft.

Completions filed

Jan 1958

1 of 1 wells

Plug dates filed

Apr 2016

1 of 1 wells

Last completion to plug: a median of 58.3 years across the 1 well that filed both dates, with the middle half between 58.3 years and 58.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-19522763	144	7,527 ft	Jan 1958	Apr 2016	Yes

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 (280)

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

280 months


Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	10	94.73	4.73	$47
Apr 2014	0	10	95.94	4.81	$48
Mar 2014	0	10	95.89	5.06	$51
Feb 2014	0	10	97.40	6.19	$62
Jan 2014	0	10	90.40	4.86	$49
Dec 2013	0	11	91.82	4.35	$48
Nov 2013	0	11	88.85	3.74	$41
Oct 2013	0	10	97.42	3.78	$38
Sep 2013	0	10	104.11	3.72	$37
Aug 2013	40	10	104.25	3.52	$4,205
Jul 2013	0	10	102.52	3.72	$37
Jun 2013	0	10	94.40	3.93	$39
May 2013	0	10	94.83	4.15	$41
Apr 2013	0	10	93.96	4.28	$43
Mar 2013	0	10	93.62	3.91	$39
Feb 2013	0	11	91.23	3.42	$38
Jan 2013	0	10	91.60	3.42	$34
Dec 2012	0	10	86.77	3.42	$34
Nov 2012	0	10	86.95	3.62	$36
Oct 2012	0	11	89.38	3.40	$37
Sep 2012	0	11	94.67	2.92	$32
Aug 2012	0	10	92.66	2.91	$29
Jul 2012	0	10	85.13	3.02	$30
Jun 2012	0	10	79.82	2.52	$25
May 2012	0	10	91.61	2.49	$25
Apr 2012	0	10	101.65	2.00	$20
Mar 2012	0	11	105.05	2.22	$24
Feb 2012	0	11	101.10	2.57	$28
Jan 2012	0	10	98.09	2.73	$27
Dec 2011	0	10	96.87	3.24	$32
Nov 2011	0	10	95.72	3.31	$33
Oct 2011	0	10	84.98	3.65	$36
Sep 2011	0	10	83.62	3.99	$40
Aug 2011	0	10	83.40	4.15	$41
Jul 2011	0	10	94.14	4.52	$45
Jun 2011	0	10	92.90	4.64	$46
May 2011	0	10	98.13	4.40	$44
Apr 2011	0	10	105.96	4.33	$43
Mar 2011	0	10	96.36	4.06	$41
Feb 2011	0	10	85.64	4.18	$42
Jan 2011	0	10	86.50	4.59	$46
Dec 2010	0	10	85.73	4.35	$43
Nov 2010	0	10	80.84	3.80	$38
Oct 2010	0	10	78.10	3.51	$35
Sep 2010	0	10	72.63	3.98	$40
Aug 2010	0	10	73.68	4.42	$44
Jul 2010	0	10	72.55	4.74	$47
Jun 2010	0	10	70.36	4.91	$49
May 2010	0	10	71.12	4.24	$42
Apr 2010	0	10	81.69	4.12	$41
Mar 2010	0	10	78.39	4.39	$44
Feb 2010	0	10	73.58	5.44	$54
Jan 2010	0	11	74.36	5.96	$66
Dec 2009	0	12	71.44	5.48	$66
Nov 2009	0	11	74.59	3.75	$41
Oct 2009	0	11	72.54	4.11	$45
Sep 2009	0	10	65.54	3.06	$31
Aug 2009	0	10	67.42	3.22	$32
Jul 2009	0	10	61.13	3.46	$35
Jun 2009	0	10	66.16	3.90	$39
May 2009	0	11	54.74	3.93	$43
Apr 2009	0	10	46.77	3.59	$36
Mar 2009	0	10	42.14	4.06	$41
Feb 2009	0	11	32.81	4.63	$51
Jan 2009	0	12	35.86	5.37	$64
Dec 2008	0	12	37.10	5.98	$72
Nov 2008	0	11	55.49	6.86	$75
Oct 2008	0	10	75.24	6.92	$69
Sep 2008	0	10	101.76	7.88	$79
Aug 2008	0	12	114.22	8.48	$102
Jul 2008	0	12	131.08	11.39	$137
Jun 2008	0	10	131.33	13.03	$130
May 2008	0	10	123.17	11.57	$116
Apr 2008	0	10	110.31	10.45	$105
Mar 2008	0	11	101.90	9.66	$106
Feb 2008	0	10	92.53	8.77	$88
Jan 2008	0	11	90.38	8.21	$90
Dec 2007	0	12	88.33	7.30	$88
Nov 2007	0	11	91.67	7.29	$80
Oct 2007	0	10	82.85	6.92	$69
Sep 2007	0	10	75.84	6.24	$62
Aug 2007	0	10	69.06	6.39	$64
Jul 2007	0	11	70.90	6.39	$70
Jun 2007	0	12	62.00	7.55	$91
May 2007	0	10	58.74	7.85	$78
Apr 2007	0	10	59.61	7.81	$78
Mar 2007	0	10	56.92	7.30	$73
Feb 2007	0	12	55.10	8.22	$99
Jan 2007	0	15	50.30	6.73	$101
Dec 2006	0	10	56.65	6.92	$69
Nov 2006	0	15	54.20	7.62	$114
Oct 2006	0	10	54.90	6.01	$60
Sep 2006	0	10	60.08	5.04	$50
Aug 2006	0	20	68.71	7.34	$147
Jul 2006	0	30	69.37	6.34	$190
Jun 2006	0	50	66.28	6.38	$319
May 2006	0	30	66.01	6.42	$193
Apr 2006	0	90	64.39	7.36	$662
Mar 2006	0	100	56.70	7.08	$708
Feb 2006	0	110	57.59	7.75	$853
Jan 2006	0	110	60.59	8.93	$983
Dec 2005	0	12	54.94	13.42	$161
Nov 2005	0	10	54.69	10.59	$106
Oct 2005	0	110	58.34	13.80	$1,518
Sep 2005	0	30	61.45	12.08	$362
Aug 2005	0	100	61.51	9.80	$980
Jul 2005	0	100	55.69	7.84	$784
Jun 2005	0	100	52.33	7.38	$738
May 2005	0	100	45.22	6.65	$665
Apr 2005	0	110	49.20	7.36	$810
Mar 2005	0	100	50.37	7.15	$715
Feb 2005	0	130	45.22	6.31	$821
Jan 2005	0	110	43.16	6.32	$695
Dec 2004	0	110	39.86	6.75	$743
Nov 2004	0	120	45.28	6.33	$760
Oct 2004	0	120	49.70	6.52	$782
Sep 2004	0	110	43.24	5.28	$581
Aug 2004	0	110	42.37	5.55	$611
Jul 2004	0	100	38.28	6.08	$608
Jun 2004	0	100	36.10	6.43	$643
May 2004	0	100	37.48	6.49	$649
Apr 2004	0	100	34.47	5.86	$586
Mar 2004	0	120	34.36	5.53	$664
Feb 2004	0	110	32.45	5.51	$606
Jan 2004	0	130	32.03	6.30	$819
Dec 2003	0	120	30.26	6.30	$756
Nov 2003	0	110	28.80	4.60	$505
Oct 2003	0	105	28.17	4.76	$500
Sep 2003	0	110	26.31	4.75	$522
Aug 2003	0	100	29.76	5.13	$513
Jul 2003	0	100	29.41	5.17	$517
Jun 2003	0	110	28.56	5.98	$658
May 2003	0	100	26.59	5.97	$597
Apr 2003	0	105	26.67	5.41	$568
Mar 2003	0	115	31.14	6.10	$701
Feb 2003	0	110	33.48	7.93	$872
Jan 2003	0	120	30.31	5.58	$670
Dec 2002	0	110	26.91	4.85	$534
Nov 2002	0	105	24.66	4.14	$434
Oct 2002	0	110	26.46	4.23	$465
Sep 2002	0	115	27.44	3.64	$418
Aug 2002	0	110	25.96	3.16	$348
Jul 2002	0	127	24.58	3.06	$389
Jun 2002	0	121	23.73	3.34	$404
May 2002	0	129	24.66	3.58	$462
Apr 2002	0	123	23.65	3.51	$432
Mar 2002	0	100	22.00	3.10	$310
Feb 2002	0	105	18.22	2.38	$249
Jan 2002	0	110	17.17	2.38	$261
Dec 2001	0	100	16.93	2.36	$236
Nov 2001	0	100	18.07	2.41	$241
Oct 2001	0	110	19.78	2.53	$278
Sep 2001	0	125	24.26	2.25	$281
Aug 2001	0	135	24.87	3.05	$412
Jul 2001	0	130	23.93	3.20	$416
Jun 2001	0	120	24.56	3.82	$459
May 2001	0	110	25.52	4.31	$474
Apr 2001	0	100	24.68	5.34	$534
Mar 2001	0	105	24.54	5.38	$565
Feb 2001	0	100	27.75	5.77	$577
Jan 2001	0	50	27.47	8.40	$420
Dec 2000	0	15	26.88	9.12	$137
Nov 2000	0	10	32.21	5.66	$57
Oct 2000	0	12	31.23	5.15	$62
Sep 2000	0	15	31.87	5.19	$78
Aug 2000	0	10	29.64	4.54	$45
Jul 2000	0	12	28.53	4.09	$49
Jun 2000	0	15	29.30	4.40	$66
May 2000	0	12	27.26	3.68	$44
Apr 2000	0	10	24.51	3.12	$31
Mar 2000	0	10	28.42	2.86	$29
Feb 2000	0	12	27.62	2.73	$33
Jan 2000	0	10	25.27	2.48	$25
Dec 1999	0	10	24.28	2.42	$24
Nov 1999	0	15	23.19	2.43	$37
Oct 1999	0	12	20.98	2.80	$34
Sep 1999	0	10	21.75	2.62	$26
Aug 1999	0	12	19.26	2.88	$35
Jul 1999	0	12	17.89	2.37	$28
Jun 1999	0	15	15.94	2.36	$35
May 1999	0	12	15.79	2.32	$28
Apr 1999	0	15	15.10	2.21	$33
Mar 1999	0	12	12.47	1.84	$22
Feb 1999	0	10	9.98	1.82	$18
Jan 1999	0	10	10.38	1.90	$19
Dec 1998	0	12	9.20	1.77	$21
Nov 1998	0	10	10.89	2.19	$22
Oct 1998	0	12	12.42	1.97	$24
Sep 1998	0	10	12.59	2.08	$21
Aug 1998	0	10	11.30	1.91	$19
Jul 1998	0	10	11.74	2.24	$22
Jun 1998	0	10	11.24	2.24	$22
May 1998	0	12	12.62	2.21	$26
Apr 1998	0	10	13.04	2.51	$25
Mar 1998	0	10	12.80	2.31	$23
Feb 1998	0	10	13.95	2.30	$23
Jan 1998	0	12	14.70	2.15	$26
Dec 1997	0	15	16.32	2.41	$36
Nov 1997	0	11	18.19	3.09	$34
Oct 1997	0	15	19.25	3.15	$47
Sep 1997	0	12	17.74	2.95	$35
Aug 1997	0	16	17.86	2.55	$41
Jul 1997	0	15	17.58	2.25	$34
Jun 1997	0	10	17.24	2.26	$23
May 1997	0	8	18.97	2.31	$18
Apr 1997	0	10	17.88	2.08	$21
Mar 1997	0	12	18.95	1.94	$23
Feb 1997	0	10	20.49	2.21	$22
Jan 1997	0	12	23.48	3.54	$42
Dec 1996	0	10	23.32	—	$0
Nov 1996	0	10	21.97	—	$0
Oct 1996	0	10	23.31	—	$0
Sep 1996	0	8	22.22	—	$0
Aug 1996	0	10	20.26	—	$0
Jul 1996	0	10	19.55	—	$0
Jun 1996	0	20	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	8	19.38	—	$0
Feb 1996	0	10	16.98	—	$0
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	10	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	0	15.03	—	$0
Aug 1993	0	0	15.66	—	$0
Jul 1993	0	0	15.46	—	$0
Jun 1993	0	0	16.79	—	$0
May 1993	0	0	17.68	—	$0
Apr 1993	0	0	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	0	16.93	—	$0

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 2014 — as filed, then multipliedworked

Condensate             0 bbl  × $ 94.73 =         $0
Gas                   10 Mcf  × $  4.73 =        $47

────────────────────────────────────────────────────
Month total                                      $47

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/22763 is the state's own key, not one this site invented.