O. L. JONES UNIT NO. 1

Name: O. L. JONES UNIT NO. 1 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 77004District 7BField 52525100NGPA filingCondensateGasSave Export

Value, all time

$546 k

Jan 1993 – Oct 2010

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

214

no gaps in the span

Streams

condensate, gas

The LAZY BEND (CADDO) 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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered

1978-06-05

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

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	92 bbl	$4,135
Gas	Production	171,199 Mcf	$541,524
Total			$545,659

52,411 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 32.6658, -98.0089. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.66580, -98.00895 · 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

4,700 ft

1 wells filed one

Completion to plug

32.0 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 4,700 ft.

Completions filed

Jun 1978

1 of 1 wells

Plug dates filed

Jun 2010

1 of 1 wells

Last completion to plug: a median of 32.0 years across the 1 well that filed both dates, with the middle half between 32.0 years and 32.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36731044	1	4,700 ft	Jun 1978	Jun 2010	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 (214)

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

214 months


Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	42	0	70.36	4.91	$2,955
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	6	0	82.85	6.92	$497
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	93	54.20	7.62	$708
Oct 2006	0	380	54.90	6.01	$2,285
Sep 2006	0	623	60.08	5.04	$3,138
Aug 2006	0	358	68.71	7.34	$2,628
Jul 2006	0	572	69.37	6.34	$3,628
Jun 2006	0	865	66.28	6.38	$5,522
May 2006	0	951	66.01	6.42	$6,110
Apr 2006	0	671	64.39	7.36	$4,939
Mar 2006	0	883	56.70	7.08	$6,254
Feb 2006	0	580	57.59	7.75	$4,496
Jan 2006	0	547	60.59	8.93	$4,887
Dec 2005	0	571	54.94	13.42	$7,660
Nov 2005	0	860	54.69	10.59	$9,106
Oct 2005	0	1,015	58.34	13.80	$14,003
Sep 2005	0	731	61.45	12.08	$8,830
Aug 2005	0	963	61.51	9.80	$9,434
Jul 2005	0	869	55.69	7.84	$6,816
Jun 2005	0	8,493	52.33	7.38	$62,687
May 2005	0	904	45.22	6.65	$6,013
Apr 2005	0	737	49.20	7.36	$5,425
Mar 2005	0	814	50.37	7.15	$5,824
Feb 2005	0	796	45.22	6.31	$5,024
Jan 2005	0	824	43.16	6.32	$5,209
Dec 2004	0	808	39.86	6.75	$5,455
Nov 2004	0	823	45.28	6.33	$5,210
Oct 2004	0	855	49.70	6.52	$5,570
Sep 2004	0	783	43.24	5.28	$4,137
Aug 2004	0	865	42.37	5.55	$4,801
Jul 2004	0	835	38.28	6.08	$5,080
Jun 2004	0	825	36.10	6.43	$5,307
May 2004	0	874	37.48	6.49	$5,676
Apr 2004	0	853	34.47	5.86	$4,997
Mar 2004	0	910	34.36	5.53	$5,032
Feb 2004	0	851	32.45	5.51	$4,689
Jan 2004	0	903	32.03	6.30	$5,689
Dec 2003	0	783	30.26	6.30	$4,934
Nov 2003	0	831	28.80	4.60	$3,819
Oct 2003	0	809	28.17	4.76	$3,851
Sep 2003	0	855	26.31	4.75	$4,061
Aug 2003	0	921	29.76	5.13	$4,724
Jul 2003	0	998	29.41	5.17	$5,161
Jun 2003	0	750	28.56	5.98	$4,487
May 2003	0	948	26.59	5.97	$5,662
Apr 2003	0	895	26.67	5.41	$4,840
Mar 2003	0	906	31.14	6.10	$5,523
Feb 2003	0	813	33.48	7.93	$6,444
Jan 2003	0	984	30.31	5.58	$5,493
Dec 2002	0	930	26.91	4.85	$4,514
Nov 2002	0	929	24.66	4.14	$3,843
Oct 2002	0	1,033	26.46	4.23	$4,369
Sep 2002	0	995	27.44	3.64	$3,617
Aug 2002	0	943	25.96	3.16	$2,984
Jul 2002	0	1,021	24.58	3.06	$3,126
Jun 2002	0	969	23.73	3.34	$3,235
May 2002	0	1,009	24.66	3.58	$3,616
Apr 2002	0	976	23.65	3.51	$3,428
Mar 2002	0	986	22.00	3.10	$3,059
Feb 2002	0	848	18.22	2.38	$2,015
Jan 2002	0	956	17.17	2.38	$2,271
Dec 2001	0	952	16.93	2.36	$2,251
Nov 2001	0	981	18.07	2.41	$2,360
Oct 2001	0	1,077	19.78	2.53	$2,724
Sep 2001	0	1,009	24.26	2.25	$2,272
Aug 2001	0	1,043	24.87	3.05	$3,184
Jul 2001	0	1,058	23.93	3.20	$3,383
Jun 2001	0	1,012	24.56	3.82	$3,870
May 2001	0	1,000	25.52	4.31	$4,307
Apr 2001	0	944	24.68	5.34	$5,037
Mar 2001	0	982	24.54	5.38	$5,280
Feb 2001	0	874	27.75	5.77	$5,040
Jan 2001	0	958	27.47	8.40	$8,046
Dec 2000	0	918	26.88	9.12	$8,374
Nov 2000	0	915	32.21	5.66	$5,177
Oct 2000	0	931	31.23	5.15	$4,790
Sep 2000	0	991	31.87	5.19	$5,140
Aug 2000	0	1,028	29.64	4.54	$4,668
Jul 2000	0	1,049	28.53	4.09	$4,290
Jun 2000	0	983	29.30	4.40	$4,323
May 2000	0	984	27.26	3.68	$3,621
Apr 2000	0	994	24.51	3.12	$3,097
Mar 2000	0	980	28.42	2.86	$2,803
Feb 2000	0	894	27.62	2.73	$2,437
Jan 2000	0	957	25.27	2.48	$2,374
Dec 1999	0	1,004	24.28	2.42	$2,433
Nov 1999	0	1,000	23.19	2.43	$2,434
Oct 1999	0	1,016	20.98	2.80	$2,849
Sep 1999	0	1,051	21.75	2.62	$2,752
Aug 1999	0	1,140	19.26	2.88	$3,278
Jul 1999	0	1,117	17.89	2.37	$2,650
Jun 1999	0	1,099	15.94	2.36	$2,596
May 1999	0	998	15.79	2.32	$2,316
Apr 1999	0	1,046	15.10	2.21	$2,310
Mar 1999	0	1,049	12.47	1.84	$1,928
Feb 1999	0	1,003	9.98	1.82	$1,823
Jan 1999	0	1,080	10.38	1.90	$2,052
Dec 1998	0	1,014	9.20	1.77	$1,798
Nov 1998	0	1,015	10.89	2.19	$2,219
Oct 1998	0	1,082	12.42	1.97	$2,131
Sep 1998	0	998	12.59	2.08	$2,078
Aug 1998	0	1,023	11.30	1.91	$1,951
Jul 1998	0	1,238	11.74	2.24	$2,770
Jun 1998	0	1,183	11.24	2.24	$2,647
May 1998	0	1,390	12.62	2.21	$3,067
Apr 1998	0	1,029	13.04	2.51	$2,578
Mar 1998	0	888	12.80	2.31	$2,051
Feb 1998	0	915	13.95	2.30	$2,104
Jan 1998	0	1,215	14.70	2.15	$2,618
Dec 1997	0	1,201	16.32	2.41	$2,896
Nov 1997	0	1,093	18.19	3.09	$3,375
Oct 1997	0	1,277	19.25	3.15	$4,022
Sep 1997	0	1,263	17.74	2.95	$3,732
Aug 1997	0	997	17.86	2.55	$2,547
Jul 1997	0	1,262	17.58	2.25	$2,836
Jun 1997	0	997	17.24	2.26	$2,250
May 1997	0	1,132	18.97	2.31	$2,613
Apr 1997	0	1,179	17.88	2.08	$2,456
Mar 1997	0	1,057	18.95	1.94	$2,050
Feb 1997	0	1,070	20.49	2.21	$2,360
Jan 1997	0	780	23.48	3.54	$2,761
Dec 1996	0	643	23.32	—	$0
Nov 1996	0	644	21.97	—	$0
Oct 1996	0	892	23.31	—	$0
Sep 1996	0	1,115	22.22	—	$0
Aug 1996	0	1,000	20.26	—	$0
Jul 1996	0	624	19.55	—	$0
Jun 1996	0	844	18.73	—	$0
May 1996	0	756	19.43	—	$0
Apr 1996	0	982	21.51	—	$0
Mar 1996	0	1,199	19.38	—	$0
Feb 1996	0	824	16.98	—	$0
Jan 1996	0	608	17.07	—	$0
Dec 1995	1	911	17.19	—	$17
Nov 1995	2	1,026	16.00	—	$32
Oct 1995	1	1,003	15.43	—	$15
Sep 1995	2	1,197	16.18	—	$32
Aug 1995	0	1,281	15.92	—	$0
Jul 1995	1	1,240	15.24	—	$15
Jun 1995	1	1,049	16.41	—	$16
May 1995	1	1,259	17.56	—	$18
Apr 1995	1	1,220	17.73	—	$18
Mar 1995	3	1,091	16.44	—	$49
Feb 1995	1	984	16.58	—	$17
Jan 1995	1	963	15.92	—	$16
Dec 1994	1	1,031	15.03	—	$15
Nov 1994	2	1,117	15.90	—	$32
Oct 1994	0	853	15.58	—	$0
Sep 1994	1	1,127	15.29	—	$15
Aug 1994	2	1,281	16.13	—	$32
Jul 1994	1	937	17.56	—	$18
Jun 1994	0	749	17.09	—	$0
May 1994	3	1,062	15.88	—	$48
Apr 1994	1	1,338	14.14	—	$14
Mar 1994	3	1,284	12.46	—	$37
Feb 1994	2	1,078	12.50	—	$25
Jan 1994	1	1,104	12.66	—	$13
Dec 1993	2	1,119	12.33	—	$25
Nov 1993	1	916	14.49	—	$14
Oct 1993	2	872	15.85	—	$32
Sep 1993	0	985	15.03	—	$0
Aug 1993	2	1,511	15.66	—	$31
Jul 1993	1	1,655	15.46	—	$15
Jun 1993	1	1,896	16.79	—	$17
May 1993	1	1,481	17.68	—	$18
Apr 1993	1	1,464	18.05	—	$18
Mar 1993	0	1,315	18.14	—	$0
Feb 1993	1	1,488	17.90	—	$18
Jan 1993	0	1,393	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.

Jun 2010 — as filed, then multipliedworked

Condensate            42 bbl  × $ 70.36 =     $2,955
Gas                    0 Mcf  × $  4.91 =         $0

────────────────────────────────────────────────────
Month total                                   $2,955

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/77004 is the state's own key, not one this site invented.