ORSBORN

Name: ORSBORN lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by APACHE CORPORATION (P-5 27200) in the KATZ field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20334District 7BField 48294001OilCasinghead gasSave Export

Value, all time

$3.3 M

Jan 1993 – May 2010

Value, last 12 filed months

$83 k

at the published price for each month

Months reported

209

no gaps in the span

Streams

oil, casinghead gas

The KATZ 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 44 leases and 269 wells, and the rule below applies to all of them.

Discovered

1951-01-21

as the register files it

Field class

Oil

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: “INTO THE KATZ (STRAWN).”

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
Oil	Disposition	154,379 bbl	$3,334,742
Casinghead gas	Production	22,821 Mcf	$10,234
Total			$3,344,976

18,608 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.

Every month this lease reported (209)

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

209 months


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	249	0	74.59	3.75	$18,573
Oct 2009	253	0	72.54	4.11	$18,353
Sep 2009	130	0	65.54	3.06	$8,520
Aug 2009	253	0	67.42	3.22	$17,057
Jul 2009	229	0	61.13	3.46	$13,999
Jun 2009	96	0	66.16	3.90	$6,351
May 2009	399	0	54.74	3.93	$21,841
Apr 2009	247	0	46.77	3.59	$11,552
Mar 2009	175	0	42.14	4.06	$7,375
Feb 2009	184	0	32.81	4.63	$6,037
Jan 2009	177	0	35.86	5.37	$6,347
Dec 2008	342	0	37.10	5.98	$12,688
Nov 2008	246	0	55.49	6.86	$13,651
Oct 2008	77	0	75.24	6.92	$5,793
Sep 2008	283	0	101.76	7.88	$28,798
Aug 2008	298	0	114.22	8.48	$34,038
Jul 2008	400	0	131.08	11.39	$52,432
Jun 2008	309	0	131.33	13.03	$40,581
May 2008	244	0	123.17	11.57	$30,053
Apr 2008	117	0	110.31	10.45	$12,906
Mar 2008	175	0	101.90	9.66	$17,833
Feb 2008	89	0	92.53	8.77	$8,235
Jan 2008	117	0	90.38	8.21	$10,574
Dec 2007	72	0	88.33	7.30	$6,360
Nov 2007	97	0	91.67	7.29	$8,892
Oct 2007	216	0	82.85	6.92	$17,896
Sep 2007	120	0	75.84	6.24	$9,101
Aug 2007	189	0	69.06	6.39	$13,052
Jul 2007	201	0	70.90	6.39	$14,251
Jun 2007	81	0	62.00	7.55	$5,022
May 2007	128	0	58.74	7.85	$7,519
Apr 2007	347	0	59.61	7.81	$20,685
Mar 2007	368	0	56.92	7.30	$20,947
Feb 2007	134	0	55.10	8.22	$7,383
Jan 2007	129	0	50.30	6.73	$6,489
Dec 2006	200	0	56.65	6.92	$11,330
Nov 2006	260	0	54.20	7.62	$14,092
Oct 2006	300	0	54.90	6.01	$16,470
Sep 2006	185	0	60.08	5.04	$11,115
Aug 2006	150	0	68.71	7.34	$10,307
Jul 2006	132	0	69.37	6.34	$9,157
Jun 2006	240	0	66.28	6.38	$15,907
May 2006	286	0	66.01	6.42	$18,879
Apr 2006	258	0	64.39	7.36	$16,613
Mar 2006	228	0	56.70	7.08	$12,928
Feb 2006	222	0	57.59	7.75	$12,785
Jan 2006	216	0	60.59	8.93	$13,087
Dec 2005	235	0	54.94	13.42	$12,911
Nov 2005	159	0	54.69	10.59	$8,696
Oct 2005	222	0	58.34	13.80	$12,951
Sep 2005	320	0	61.45	12.08	$19,664
Aug 2005	187	0	61.51	9.80	$11,502
Jul 2005	256	0	55.69	7.84	$14,257
Jun 2005	172	0	52.33	7.38	$9,001
May 2005	192	0	45.22	6.65	$8,682
Apr 2005	110	0	49.20	7.36	$5,412
Mar 2005	204	0	50.37	7.15	$10,275
Feb 2005	156	0	45.22	6.31	$7,054
Jan 2005	223	0	43.16	6.32	$9,625
Dec 2004	191	0	39.86	6.75	$7,613
Nov 2004	35	0	45.28	6.33	$1,585
Oct 2004	139	0	49.70	6.52	$6,908
Sep 2004	166	0	43.24	5.28	$7,178
Aug 2004	92	0	42.37	5.55	$3,898
Jul 2004	116	0	38.28	6.08	$4,440
Jun 2004	114	0	36.10	6.43	$4,115
May 2004	109	0	37.48	6.49	$4,085
Apr 2004	130	0	34.47	5.86	$4,481
Mar 2004	164	0	34.36	5.53	$5,635
Feb 2004	95	0	32.45	5.51	$3,083
Jan 2004	168	0	32.03	6.30	$5,381
Dec 2003	115	0	30.26	6.30	$3,480
Nov 2003	103	0	28.80	4.60	$2,966
Oct 2003	180	0	28.17	4.76	$5,071
Sep 2003	114	0	26.31	4.75	$2,999
Aug 2003	115	0	29.76	5.13	$3,422
Jul 2003	178	0	29.41	5.17	$5,235
Jun 2003	214	0	28.56	5.98	$6,112
May 2003	215	0	26.59	5.97	$5,717
Apr 2003	250	0	26.67	5.41	$6,668
Mar 2003	209	0	31.14	6.10	$6,508
Feb 2003	116	0	33.48	7.93	$3,884
Jan 2003	211	0	30.31	5.58	$6,395
Dec 2002	218	0	26.91	4.85	$5,866
Nov 2002	239	0	24.66	4.14	$5,894
Oct 2002	221	0	26.46	4.23	$5,848
Sep 2002	341	0	27.44	3.64	$9,357
Aug 2002	314	0	25.96	3.16	$8,151
Jul 2002	313	0	24.58	3.06	$7,694
Jun 2002	300	0	23.73	3.34	$7,119
May 2002	296	0	24.66	3.58	$7,299
Apr 2002	284	0	23.65	3.51	$6,717
Mar 2002	391	0	22.00	3.10	$8,602
Feb 2002	253	0	18.22	2.38	$4,610
Jan 2002	292	0	17.17	2.38	$5,014
Dec 2001	359	0	16.93	2.36	$6,078
Nov 2001	403	0	18.07	2.41	$7,282
Oct 2001	315	0	19.78	2.53	$6,231
Sep 2001	351	0	24.26	2.25	$8,515
Aug 2001	387	0	24.87	3.05	$9,625
Jul 2001	434	0	23.93	3.20	$10,386
Jun 2001	319	0	24.56	3.82	$7,835
May 2001	234	0	25.52	4.31	$5,972
Apr 2001	422	0	24.68	5.34	$10,415
Mar 2001	361	0	24.54	5.38	$8,859
Feb 2001	195	0	27.75	5.77	$5,411
Jan 2001	226	0	27.47	8.40	$6,208
Dec 2000	321	0	26.88	9.12	$8,628
Nov 2000	275	0	32.21	5.66	$8,858
Oct 2000	318	0	31.23	5.15	$9,931
Sep 2000	408	0	31.87	5.19	$13,003
Aug 2000	465	0	29.64	4.54	$13,783
Jul 2000	470	22	28.53	4.09	$13,499
Jun 2000	433	28	29.30	4.40	$12,810
May 2000	463	22	27.26	3.68	$12,702
Apr 2000	366	17	24.51	3.12	$9,024
Mar 2000	424	30	28.42	2.86	$12,136
Feb 2000	467	3	27.62	2.73	$12,907
Jan 2000	822	0	25.27	2.48	$20,772
Dec 1999	534	0	24.28	2.42	$12,966
Nov 1999	590	0	23.19	2.43	$13,682
Oct 1999	693	0	20.98	2.80	$14,539
Sep 1999	547	0	21.75	2.62	$11,897
Aug 1999	619	0	19.26	2.88	$11,922
Jul 1999	647	0	17.89	2.37	$11,575
Jun 1999	788	2	15.94	2.36	$12,565
May 1999	781	21	15.79	2.32	$12,381
Apr 1999	800	22	15.10	2.21	$12,129
Mar 1999	944	40	12.47	1.84	$11,845
Feb 1999	982	66	9.98	1.82	$9,920
Jan 1999	1,115	71	10.38	1.90	$11,709
Dec 1998	940	49	9.20	1.77	$8,735
Nov 1998	1,009	44	10.89	2.19	$11,084
Oct 1998	880	49	12.42	1.97	$11,026
Sep 1998	964	57	12.59	2.08	$12,255
Aug 1998	1,076	112	11.30	1.91	$12,372
Jul 1998	813	208	11.74	2.24	$10,010
Jun 1998	1,053	198	11.24	2.24	$12,279
May 1998	1,093	211	12.62	2.21	$14,259
Apr 1998	908	195	13.04	2.51	$12,329
Mar 1998	995	189	12.80	2.31	$13,172
Feb 1998	911	147	13.95	2.30	$13,046
Jan 1998	1,121	167	14.70	2.15	$16,839
Dec 1997	1,139	135	16.32	2.41	$18,914
Nov 1997	1,052	146	18.19	3.09	$19,587
Oct 1997	1,089	198	19.25	3.15	$21,587
Sep 1997	1,045	230	17.74	2.95	$19,218
Aug 1997	1,065	240	17.86	2.55	$19,634
Jul 1997	1,009	263	17.58	2.25	$18,329
Jun 1997	1,003	204	17.24	2.26	$17,752
May 1997	1,085	210	18.97	2.31	$21,067
Apr 1997	1,012	180	17.88	2.08	$18,469
Mar 1997	1,142	152	18.95	1.94	$21,936
Feb 1997	1,096	115	20.49	2.21	$22,711
Jan 1997	1,304	170	23.48	3.54	$31,220
Dec 1996	933	107	23.32	—	$21,758
Nov 1996	967	115	21.97	—	$21,245
Oct 1996	1,126	202	23.31	—	$26,247
Sep 1996	978	171	22.22	—	$21,731
Aug 1996	1,262	195	20.26	—	$25,568
Jul 1996	1,229	175	19.55	—	$24,027
Jun 1996	1,152	175	18.73	—	$21,577
May 1996	1,352	143	19.43	—	$26,269
Apr 1996	1,279	169	21.51	—	$27,511
Mar 1996	1,378	170	19.38	—	$26,706
Feb 1996	1,263	132	16.98	—	$21,446
Jan 1996	1,519	301	17.07	—	$25,929
Dec 1995	1,617	340	17.19	—	$27,796
Nov 1995	1,503	296	16.00	—	$24,048
Oct 1995	1,502	281	15.43	—	$23,176
Sep 1995	1,819	329	16.18	—	$29,431
Aug 1995	2,112	300	15.92	—	$33,623
Jul 1995	2,063	368	15.24	—	$31,440
Jun 1995	1,976	363	16.41	—	$32,426
May 1995	2,427	193	17.56	—	$42,618
Apr 1995	1,714	266	17.73	—	$30,389
Mar 1995	2,123	328	16.44	—	$34,902
Feb 1995	1,868	299	16.58	—	$30,971
Jan 1995	2,007	297	15.92	—	$31,951
Dec 1994	2,029	332	15.03	—	$30,496
Nov 1994	1,832	312	15.90	—	$29,129
Oct 1994	2,153	356	15.58	—	$33,544
Sep 1994	1,848	327	15.29	—	$28,256
Aug 1994	2,202	133	16.13	—	$35,518
Jul 1994	2,138	185	17.56	—	$37,543
Jun 1994	2,125	411	17.09	—	$36,316
May 1994	2,193	437	15.88	—	$34,825
Apr 1994	2,081	355	14.14	—	$29,425
Mar 1994	2,077	246	12.46	—	$25,879
Feb 1994	1,884	537	12.50	—	$23,550
Jan 1994	2,077	500	12.66	—	$26,295
Dec 1993	1,922	512	12.33	—	$23,698
Nov 1993	2,250	261	14.49	—	$32,603
Oct 1993	2,587	777	15.85	—	$41,004
Sep 1993	2,552	650	15.03	—	$38,357
Aug 1993	2,649	887	15.66	—	$41,483
Jul 1993	2,491	829	15.46	—	$38,511
Jun 1993	2,504	887	16.79	—	$42,042
May 1993	2,442	830	17.68	—	$43,175
Apr 1993	2,580	856	18.05	—	$46,569
Mar 1993	2,848	818	18.14	—	$51,663
Feb 1993	2,576	718	17.90	—	$46,110
Jan 1993	2,803	737	16.93	—	$47,455

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 2009 — as filed, then multipliedworked

Oil                  249 bbl  × $ 74.59 =    $18,573
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                  $18,573

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/O/20334 is the state's own key, not one this site invented.