O'LOUGHLIN -A-

Operated by LINN OPERATING, INC. (P-5 501545) in the HANSFORD (MORROW, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 84678District 10Field 38797682NGPA filingCondensateGasSaveExport
Value, all time
$310 k
Jan 1993 – Jul 2012
Value, last 12 filed months
$2 k
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 369 leases and 369 wells, and the rule below applies to all of them.

Discovered
1953-10-11
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 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
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
CondensateDisposition73 bbl$3,177
GasProduction160,091 Mcf$306,424
Total$309,601

65,661 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 36.2894, -101.1238. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.28942, -101.12384 · 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
8,043 ft
1 wells filed one
Completion to plug
8.5 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 8,043 ft.

Completions filed
Feb 2005
1 of 1 wells
Plug dates filed
Aug 2013
1 of 1 wells

Last completion to plug: a median of 8.5 years across the 1 well that filed both dates, with the middle half between 8.5 years and 8.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1953069518,043 ftFeb 2005Aug 2013Yes

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

Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 2012160101.652.00$1,626
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 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050145.226.31$6
Jan 2005045143.166.32$2,851
Dec 2004045739.866.75$3,085
Nov 2004011645.286.33$734
Oct 200409749.706.52$632
Sep 200456343.245.28$549
Aug 200407042.375.55$389
Jul 2004014938.286.08$907
Jun 2004035236.106.43$2,264
May 2004056837.486.49$3,689
Apr 2004044834.475.86$2,625
Mar 2004044434.365.53$2,455
Feb 2004051732.455.51$2,848
Jan 2004053132.036.30$3,345
Dec 2003029930.266.30$1,884
Nov 2003024728.804.60$1,135
Oct 2003013428.174.76$638
Sep 20030026.314.75$0
Aug 200301629.765.13$82
Jul 2003018929.415.17$977
Jun 20030828.565.98$48
May 2003049326.595.97$2,945
Apr 20034759126.675.41$4,449
Mar 2003068431.146.10$4,170
Feb 20030033.487.93$0
Jan 2003061630.315.58$3,439
Dec 20020026.914.85$0
Nov 2002087224.664.14$3,607
Oct 2002092226.464.23$3,899
Sep 200201,00627.443.64$3,657
Aug 2002059025.963.16$1,867
Jul 2002066524.583.06$2,036
Jun 2002056423.733.34$1,883
May 2002074924.663.58$2,684
Apr 2002078223.653.51$2,747
Mar 2002085822.003.10$2,662
Feb 2002063318.222.38$1,504
Jan 2002079617.172.38$1,891
Dec 2001095116.932.36$2,249
Nov 2001088118.072.41$2,119
Oct 2001093419.782.53$2,362
Sep 2001097924.262.25$2,204
Aug 2001093724.873.05$2,861
Jul 2001088823.933.20$2,839
Jun 2001089224.563.82$3,411
May 2001093525.524.31$4,027
Apr 2001093724.685.34$4,999
Mar 200101,06824.545.38$5,742
Feb 2001096827.755.77$5,583
Jan 200101,14027.478.40$9,575
Dec 2000091626.889.12$8,356
Nov 200001,09132.215.66$6,173
Oct 200001,14831.235.15$5,907
Sep 200001,13831.875.19$5,902
Aug 200001,18729.644.54$5,390
Jul 200001,26028.534.09$5,153
Jun 200001,11829.304.40$4,916
May 200001,28527.263.68$4,728
Apr 200001,07224.513.12$3,340
Mar 200001,20128.422.86$3,435
Feb 200001,18927.622.73$3,242
Jan 200001,34325.272.48$3,331
Dec 199901,27124.282.42$3,081
Nov 199901,27723.192.43$3,108
Oct 199901,00920.982.80$2,829
Sep 199901,12621.752.62$2,949
Aug 199901,25119.262.88$3,597
Jul 199901,16717.892.37$2,769
Jun 199901,27315.942.36$3,007
May 199901,44015.792.32$3,342
Apr 199901,10115.102.21$2,431
Mar 199901,27212.471.84$2,338
Feb 199901,1529.981.82$2,094
Jan 199901,43410.381.90$2,725
Dec 199801,3479.201.77$2,389
Nov 199801,22310.892.19$2,673
Oct 1998098412.421.97$1,938
Sep 199801,23312.592.08$2,568
Aug 199801,37911.301.91$2,630
Jul 199801,55711.742.24$3,483
Jun 199801,62511.242.24$3,636
May 199801,73412.622.21$3,826
Apr 199801,94113.042.51$4,863
Mar 199801,76112.802.31$4,067
Feb 199801,78713.952.30$4,109
Jan 199801,28214.702.15$2,762
Dec 199701,37016.322.41$3,303
Nov 199701,41118.193.09$4,358
Oct 199701,55019.253.15$4,882
Sep 199702,36117.742.95$6,976
Aug 199702,08017.862.55$5,314
Jul 199701,87417.582.25$4,211
Jun 199701,67517.242.26$3,781
May 199701,88118.972.31$4,342
Apr 199701,49917.882.08$3,122
Mar 199701,37118.951.94$2,659
Feb 199701,77120.492.21$3,907
Jan 199701,52523.483.54$5,398
Dec 199601,61323.32$0
Nov 199601,83621.97$0
Oct 199601,70723.31$0
Sep 199601,77922.22$0
Aug 199602,01020.26$0
Jul 199601,89219.55$0
Jun 199601,73618.73$0
May 199601,88819.43$0
Apr 199602,11421.51$0
Mar 199602,04019.38$0
Feb 199601,69116.98$0
Jan 199601,76517.07$0
Dec 199502,23417.19$0
Nov 199501,96716.00$0
Oct 199501,85215.43$0
Sep 199501,38516.18$0
Aug 199501,97515.92$0
Jul 199502,03915.24$0
Jun 199502,78216.41$0
May 199502,69817.56$0
Apr 199502,13317.73$0
Mar 199501,47716.44$0
Feb 199501,11216.58$0
Jan 199501,51615.92$0
Dec 199401,74415.03$0
Nov 199401,95215.90$0
Oct 199402,15315.58$0
Sep 199401,71815.29$0
Aug 1994548916.13$81
Jul 1994059317.56$0
Jun 1994056317.09$0
May 1994066815.88$0
Apr 1994082614.14$0
Mar 1994079712.46$0
Feb 1994075012.50$0
Jan 1994054212.66$0
Dec 1993052512.33$0
Nov 1993059314.49$0
Oct 1993068315.85$0
Sep 1993070115.03$0
Aug 1993042815.66$0
Jul 1993073415.46$0
Jun 1993070216.79$0
May 1993079217.68$0
Apr 1993065918.05$0
Mar 1993078318.14$0
Feb 1993041317.90$0
Jan 1993061216.93$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.

Apr 2012 — as filed, then multipliedworked
Condensate            16 bbl  × $101.65 =     $1,626
Gas                    0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                   $1,626

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/84678 is the state's own key, not one this site invented.