OSBORNE, LORA

Operated by XTO ENERGY INC. (P-5 945936) in the MCINTOSH (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 118038District 7BField 59542500NGPA filingGasSaveExport
Value, all time
$77 k
Jan 1993 – Jan 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
217
no gaps in the span
Streams
1
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 53 leases and 53 wells, and the rule below applies to all of them.

Discovered
1976-08-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: EFFECTIVE 11/01/82

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
GasProduction27,135 Mcf$76,772
Total$76,772

5,468 Mcf of this lease's gas, across 16 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 32.3839, -97.8457. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38388, -97.84565 · 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
4,967 ft
1 wells filed one
Completion to plug
26.0 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 4,967 ft.

Completions filed
Jan 1985
1 of 1 wells
Plug dates filed
Jan 2011
1 of 1 wells

Last completion to plug: a median of 26.0 years across the 1 well that filed both dates, with the middle half between 26.0 years and 26.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2213060014,967 ftJan 1985Jan 2011Yes

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 (217)

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

217 months

Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006169.376.34$6
Jun 2006666.286.38$38
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006356.707.08$21
Feb 20066557.597.75$504
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005161.519.80$10
Jul 2005255.697.84$16
Jun 2005052.337.38$0
May 20059245.226.65$612
Apr 20059849.207.36$721
Mar 20059750.377.15$694
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 20043539.866.75$236
Nov 20042045.286.33$127
Oct 20044449.706.52$287
Sep 20046143.245.28$322
Aug 20045542.375.55$305
Jul 20047138.286.08$432
Jun 20048736.106.43$560
May 20048737.486.49$565
Apr 20042534.475.86$146
Mar 20046234.365.53$343
Feb 20045132.455.51$281
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 200339329.765.13$2,016
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 20035531.146.10$335
Feb 20034133.487.93$325
Jan 20034830.315.58$268
Dec 2002026.914.85$0
Nov 20026624.664.14$273
Oct 20029526.464.23$402
Sep 20029627.443.64$349
Aug 20029125.963.16$288
Jul 20028724.583.06$266
Jun 200213523.733.34$451
May 20028624.663.58$308
Apr 200216223.653.51$569
Mar 20028422.003.10$261
Feb 20029618.222.38$228
Jan 20026017.172.38$143
Dec 200114216.932.36$336
Nov 200128318.072.41$681
Oct 200128719.782.53$726
Sep 200122724.262.25$511
Aug 200127824.873.05$849
Jul 200123523.933.20$751
Jun 200123924.563.82$914
May 200139825.524.31$1,714
Apr 200139924.685.34$2,129
Mar 200142624.545.38$2,290
Feb 200137927.755.77$2,186
Jan 200138927.478.40$3,267
Dec 200043126.889.12$3,932
Nov 200048732.215.66$2,755
Oct 200044731.235.15$2,300
Sep 200042531.875.19$2,204
Aug 200046229.644.54$2,098
Jul 200046228.534.09$1,889
Jun 200038929.304.40$1,711
May 200053527.263.68$1,969
Apr 200032424.513.12$1,010
Mar 200052228.422.86$1,493
Feb 200050827.622.73$1,385
Jan 200047525.272.48$1,178
Dec 1999024.282.42$0
Nov 19999523.192.43$231
Oct 19992520.982.80$70
Sep 19995121.752.62$134
Aug 19999919.262.88$285
Jul 19993317.892.37$78
Jun 19997315.942.36$172
May 199916115.792.32$374
Apr 199922615.102.21$499
Mar 199919912.471.84$366
Feb 19991539.981.82$278
Jan 199917110.381.90$325
Dec 19982299.201.77$406
Nov 199821710.892.19$474
Oct 199823012.421.97$453
Sep 199824812.592.08$516
Aug 199822911.301.91$437
Jul 199822111.742.24$494
Jun 199829911.242.24$669
May 199832912.622.21$726
Apr 199828813.042.51$722
Mar 199820412.802.31$471
Feb 199819613.952.30$451
Jan 199815614.702.15$336
Dec 199799616.322.41$2,401
Nov 199793418.193.09$2,884
Oct 199718119.253.15$570
Sep 199722617.742.95$668
Aug 199733717.862.55$861
Jul 199746517.582.25$1,045
Jun 199744817.242.26$1,011
May 199746118.972.31$1,064
Apr 199746617.882.08$971
Mar 199748418.951.94$939
Feb 199739920.492.21$880
Jan 199743123.483.54$1,526
Dec 199644223.32$0
Nov 199638121.97$0
Oct 199641323.31$0
Sep 199638922.22$0
Aug 199639420.26$0
Jul 199625619.55$0
Jun 199620818.73$0
May 199626919.43$0
Apr 199628121.51$0
Mar 199635719.38$0
Feb 199627016.98$0
Jan 199636917.07$0
Dec 199530917.19$0
Nov 199548916.00$0
Oct 199558315.43$0
Sep 19955816.18$0
Aug 1995015.92$0
Jul 1995015.24$0
Jun 1995016.41$0
May 1995017.56$0
Apr 1995017.73$0
Mar 1995016.44$0
Feb 1995016.58$0
Jan 1995015.92$0
Dec 1994015.03$0
Nov 1994015.90$0
Oct 1994015.58$0
Sep 1994015.29$0
Aug 1994016.13$0
Jul 1994017.56$0
Jun 1994017.09$0
May 1994015.88$0
Apr 1994014.14$0
Mar 1994012.46$0
Feb 1994012.50$0
Jan 1994012.66$0
Dec 1993012.33$0
Nov 1993014.49$0
Oct 1993015.85$0
Sep 1993015.03$0
Aug 1993015.66$0
Jul 1993015.46$0
Jun 1993016.79$0
May 1993017.68$0
Apr 1993018.05$0
Mar 1993018.14$0
Feb 1993017.90$0
Jan 1993016.93$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.

Jul 2006 — as filed, then multipliedworked
Gas                    1 Mcf  × $  6.34 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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. 7B/G/118038 is the state's own key, not one this site invented.