OWEN

Operated by HUGHES & PATTERSON OPER. CORP. (P-5 412104) in the LAVERRELL (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 122367District 7BField 52400500CondensateGasSaveExport
Value, all time
$50 k
Jan 1993 – Dec 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
156
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 11 leases and 16 wells, and the rule below applies to all of them.

Discovered
1969-02-21
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: NET GOR DGL 1000 MCF SUBJ TO MDF

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
CondensateDisposition342 bbl$6,645
GasProduction79,733 Mcf$42,872
Total$49,518

62,329 Mcf of this lease's gas, across 44 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 32.7571, -99.2526. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.75712, -99.25262 · 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
4,650 ft
1 wells filed one
Completion to plug
20.5 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 4,650 ft.

Completions filed
Nov 1984
1 of 1 wells
Plug dates filed
May 2005
1 of 1 wells

Last completion to plug: a median of 20.5 years across the 1 well that filed both dates, with the middle half between 20.5 years and 20.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4173595514,650 ftNov 1984May 2005Yes

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 (156)

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

156 months

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 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 200001232.215.66$68
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 200002929.644.54$132
Jul 20000028.534.09$0
Jun 2000035929.304.40$1,579
May 2000060327.263.68$2,219
Apr 2000056124.513.12$1,748
Mar 2000057228.422.86$1,636
Feb 2000051727.622.73$1,410
Jan 2000051725.272.48$1,282
Dec 19992051724.282.42$1,739
Nov 19998055823.192.43$3,213
Oct 1999069020.982.80$1,935
Sep 1999068521.752.62$1,794
Aug 1999073519.262.88$2,114
Jul 1999053817.892.37$1,276
Jun 1999063015.942.36$1,488
May 1999066215.792.32$1,537
Apr 1999060015.102.21$1,325
Mar 1999060712.471.84$1,116
Feb 199905629.981.82$1,022
Jan 1999060310.381.90$1,146
Dec 199805689.201.77$1,007
Nov 1998054910.892.19$1,200
Oct 1998052712.421.97$1,038
Sep 1998051512.592.08$1,073
Aug 1998054011.301.91$1,030
Jul 1998049511.742.24$1,107
Jun 1998048911.242.24$1,094
May 1998046312.622.21$1,022
Apr 1998043413.042.51$1,087
Mar 1998042212.802.31$975
Feb 1998033513.952.30$770
Jan 1998030914.702.15$666
Dec 1997030116.322.41$726
Nov 1997023818.193.09$735
Oct 1997022019.253.15$693
Sep 1997017817.742.95$526
Aug 1997013517.862.55$345
Jul 199705617.582.25$126
Jun 199702917.242.26$65
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970118.951.94$2
Feb 19970120.492.21$2
Jan 199704223.483.54$149
Dec 1996030423.32$0
Nov 199603621.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 1996063919.55$0
Jun 199601,62618.73$0
May 19961091,36119.43$2,118
Apr 199601,25821.51$0
Mar 199601,49219.38$0
Feb 199601,12516.98$0
Jan 199601,28317.07$0
Dec 199501,26117.19$0
Nov 199501,70716.00$0
Oct 199501,77015.43$0
Sep 199502,04416.18$0
Aug 199502,07215.92$0
Jul 199502,16215.24$0
Jun 199501,84216.41$0
May 199501,47117.56$0
Apr 199501,52517.73$0
Mar 19951331,73416.44$2,187
Feb 199501,54216.58$0
Jan 199501,80015.92$0
Dec 199401,57615.03$0
Nov 199401,64115.90$0
Oct 199401,85215.58$0
Sep 199401,82915.29$0
Aug 199401,75116.13$0
Jul 199401,47917.56$0
Jun 199401,40117.09$0
May 199401,35915.88$0
Apr 1994029914.14$0
Mar 1994072412.46$0
Feb 1994032312.50$0
Jan 19940012.66$0
Dec 1993012512.33$0
Nov 199301,67514.49$0
Oct 199301,82315.85$0
Sep 199301,81015.03$0
Aug 199301,86015.66$0
Jul 199301,50215.46$0
Jun 199301,48116.79$0
May 199301,60217.68$0
Apr 199301,51718.05$0
Mar 199301,38318.14$0
Feb 199301,38017.90$0
Jan 199301,88316.93$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.

Nov 2000 — as filed, then multipliedworked
Condensate             0 bbl  × $ 32.21 =         $0
Gas                   12 Mcf  × $  5.66 =        $68

────────────────────────────────────────────────────
Month total                                      $68

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/122367 is the state's own key, not one this site invented.