O'CONNER,V.C. "A"

Operated by RICHEY, RAY MANAGEMENT CO., INC. (P-5 709694) in the RICHEY (DUFFER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 120502District 7BField 76490300NGPA filingCondensateGasSaveExport
Value, all time
$246 k
Jan 1993 – Oct 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
274
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 28 leases and 29 wells, and the rule below applies to all of them.

Discovered
1983-11-02
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: ALLOCATION FORMULA EFFECTIVE 11/01/2002.

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
CondensateDisposition718 bbl$35,425
GasProduction58,184 Mcf$211,000
Total$246,425

17,516 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 32.5204, -99.0033. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.52038, -99.00329 · 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
3,881 ft
1 wells filed one
Completion to plug
29.7 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 3,881 ft.

Completions filed
Feb 1986
1 of 1 wells
Plug dates filed
Oct 2015
1 of 1 wells

Last completion to plug: a median of 29.7 years across the 1 well that filed both dates, with the middle half between 29.7 years and 29.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4293452913,881 ftFeb 1986Oct 2015Yes

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 (274)

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

274 months

Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
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 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
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 201015412178.103.51$12,452
Sep 2010025172.633.98$999
Aug 201007273.684.42$318
Jul 201009172.554.74$431
Jun 2010011970.364.91$584
May 2010027871.124.24$1,177
Apr 201009381.694.12$383
Mar 201009478.394.39$413
Feb 201007973.585.44$430
Jan 201009274.365.96$549
Dec 2009034071.445.48$1,864
Nov 2009038874.593.75$1,456
Oct 200910217272.544.11$8,106
Sep 2009016965.543.06$518
Aug 2009017567.423.22$563
Jul 2009017461.133.46$603
Jun 2009012066.163.90$467
May 2009010654.743.93$416
Apr 2009023846.773.59$854
Mar 2009044242.144.06$1,794
Feb 2009044232.814.63$2,048
Jan 2009036735.865.37$1,971
Dec 2008038137.105.98$2,277
Nov 2008046755.496.86$3,204
Oct 2008027975.246.92$1,931
Sep 20080197101.767.88$1,552
Aug 20080358114.228.48$3,037
Jul 20080582131.0811.39$6,629
Jun 20080321131.3313.03$4,183
May 20080124123.1711.57$1,435
Apr 20080120110.3110.45$1,255
Mar 2008055101.909.66$532
Feb 2008018492.538.77$1,614
Jan 2008013190.388.21$1,075
Dec 2007019688.337.30$1,431
Nov 2007041791.677.29$3,041
Oct 2007021282.856.92$1,467
Sep 2007023075.846.24$1,436
Aug 2007027669.066.39$1,763
Jul 2007025770.906.39$1,642
Jun 2007027862.007.55$2,098
May 2007018958.747.85$1,483
Apr 2007025259.617.81$1,967
Mar 2007028856.927.30$2,103
Feb 2007022455.108.22$1,840
Jan 2007021650.306.73$1,453
Dec 2006028456.656.92$1,965
Nov 2006021554.207.62$1,638
Oct 2006027854.906.01$1,672
Sep 2006023460.085.04$1,179
Aug 2006035068.717.34$2,569
Jul 2006024069.376.34$1,522
Jun 2006015366.286.38$977
May 2006015466.016.42$989
Apr 2006015964.397.36$1,170
Mar 2006024356.707.08$1,721
Feb 200615216657.597.75$10,040
Jan 2006023660.598.93$2,108
Dec 2005026554.9413.42$3,555
Nov 2005029654.6910.59$3,134
Oct 2005028958.3413.80$3,987
Sep 2005024561.4512.08$2,959
Aug 2005032561.519.80$3,184
Jul 2005038655.697.84$3,028
Jun 2005036552.337.38$2,694
May 2005028545.226.65$1,896
Apr 2005026249.207.36$1,928
Mar 2005029750.377.15$2,125
Feb 2005025645.226.31$1,616
Jan 2005026543.166.32$1,675
Dec 2004011839.866.75$797
Nov 2004018045.286.33$1,139
Oct 2004019649.706.52$1,277
Sep 2004023343.245.28$1,231
Aug 2004026842.375.55$1,488
Jul 2004026538.286.08$1,612
Jun 2004028936.106.43$1,859
May 2004026837.486.49$1,741
Apr 2004024434.475.86$1,429
Mar 2004019434.365.53$1,073
Feb 2004026032.455.51$1,433
Jan 2004035132.036.30$2,211
Dec 2003032930.266.30$2,073
Nov 2003023128.804.60$1,061
Oct 2003028328.174.76$1,347
Sep 2003118026.314.75$881
Aug 2003018329.765.13$939
Jul 2003016429.415.17$848
Jun 2003118428.565.98$1,129
May 2003026326.595.97$1,571
Apr 2003026126.675.41$1,411
Mar 200315019931.146.10$5,884
Feb 2003027133.487.93$2,148
Jan 2003034030.315.58$1,898
Dec 2002029626.914.85$1,437
Nov 2002023524.664.14$972
Oct 2002022826.464.23$964
Sep 2002026827.443.64$974
Aug 2002047125.963.16$1,490
Jul 2002042324.583.06$1,295
Jun 2002051123.733.34$1,706
May 2002029824.663.58$1,068
Apr 2002010423.653.51$365
Mar 2002014422.003.10$447
Feb 200205618.222.38$133
Jan 200209817.172.38$233
Dec 2001013516.932.36$319
Nov 2001026918.072.41$647
Oct 2001025419.782.53$642
Sep 2001033724.262.25$759
Aug 2001023124.873.05$705
Jul 2001128223.933.20$926
Jun 2001036324.563.82$1,388
May 2001037425.524.31$1,611
Apr 2001039324.685.34$2,097
Mar 2001044524.545.38$2,393
Feb 2001030127.755.77$1,736
Jan 200102127.478.40$176
Dec 2000025226.889.12$2,299
Nov 2000025332.215.66$1,431
Oct 2000030831.235.15$1,585
Sep 2000020131.875.19$1,042
Aug 2000023729.644.54$1,076
Jul 2000015728.534.09$642
Jun 2000016329.304.40$717
May 2000022827.263.68$839
Apr 20004020224.513.12$1,610
Mar 2000023628.422.86$675
Feb 2000017627.622.73$480
Jan 2000022825.272.48$566
Dec 1999020224.282.42$490
Nov 1999022123.192.43$538
Oct 1999030120.982.80$844
Sep 1999020321.752.62$532
Aug 1999026119.262.88$751
Jul 1999226517.892.37$664
Jun 1999026115.942.36$617
May 1999027115.792.32$629
Apr 199909415.102.21$208
Mar 1999115212.471.84$292
Feb 199902459.981.82$445
Jan 1999026110.381.90$496
Dec 1998632789.201.77$1,073
Nov 199809910.892.19$216
Oct 1998021512.421.97$423
Sep 1998023612.592.08$492
Aug 1998018711.301.91$357
Jul 1998024711.742.24$553
Jun 1998025011.242.24$559
May 1998017012.622.21$375
Apr 1998018913.042.51$474
Mar 1998021312.802.31$492
Feb 1998119913.952.30$471
Jan 1998120814.702.15$463
Dec 1997023616.322.41$569
Nov 1997019618.193.09$605
Oct 1997025419.253.15$800
Sep 1997022717.742.95$671
Aug 1997028017.862.55$715
Jul 1997031817.582.25$715
Jun 1997030617.242.26$691
May 1997034718.972.31$801
Apr 1997035317.882.08$735
Mar 1997046118.951.94$894
Feb 1997029720.492.21$655
Jan 1997032823.483.54$1,161
Dec 1996031123.32$0
Nov 1996026621.97$0
Oct 1996029623.31$0
Sep 1996030622.22$0
Aug 1996035120.26$0
Jul 1996037519.55$0
Jun 1996031818.73$0
May 1996032419.43$0
Apr 1996125021.51$22
Mar 1996026919.38$0
Feb 1996029216.98$0
Jan 1996035717.07$0
Dec 1995034417.19$0
Nov 1995131416.00$16
Oct 1995034215.43$0
Sep 1995033216.18$0
Aug 1995037915.92$0
Jul 1995538115.24$76
Jun 1995029316.41$0
May 1995027917.56$0
Apr 19954234517.73$745
Mar 1995036216.44$0
Feb 1995036916.58$0
Jan 1995042915.92$0
Dec 1994043815.03$0
Nov 1994013015.90$0
Oct 1994043415.58$0
Sep 1994043615.29$0
Aug 1994042516.13$0
Jul 1994041017.56$0
Jun 1994038817.09$0
May 1994037315.88$0
Apr 1994038214.14$0
Mar 1994043812.46$0
Feb 1994039112.50$0
Jan 1994045012.66$0
Dec 1993045512.33$0
Nov 1993034914.49$0
Oct 1993035515.85$0
Sep 1993044215.03$0
Aug 1993047615.66$0
Jul 1993045415.46$0
Jun 1993039716.79$0
May 1993047717.68$0
Apr 1993039318.05$0
Mar 1993034218.14$0
Feb 1993030117.90$0
Jan 1993049616.93$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.

Oct 2010 — as filed, then multipliedworked
Condensate           154 bbl  × $ 78.10 =    $12,027
Gas                  121 Mcf  × $  3.51 =       $425

────────────────────────────────────────────────────
Month total                                  $12,452

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/120502 is the state's own key, not one this site invented.