OWENS 30

Operated by CHEVRON MIDCONTINENT, L.P. (P-5 147862) in the BENEDUM (DEVONIAN, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 205352District 7CField 071092502 tax incentive programmesCondensateGasSaveExport
Value, all time
$878 k
Feb 2004 – May 2013
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
112
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 39 leases and 39 wells, and the rule below applies to all of them.

Discovered
1963-12-16
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: SOUTHLAND ROYALTY COMPANY APPLICIANT

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
High Cost Gas112008-10-23160606
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
CondensateDisposition4,397 bbl$256,849
GasProduction97,124 Mcf$620,784
Total$877,633

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 31.3866, -101.9364. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38661, -101.93645 · 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
0.0%
0 of 1 wells
Median depth
11,959 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 11,959 ft.

Completions filed
Feb 2013
1 of 1 wells

1 well

42-46134461111,959 ftFeb 2013Yes

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 (112)

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

112 months

May 20130094.834.15$0
Apr 201360093.964.28$5,638
Mar 2013182093.623.91$17,039
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012055089.383.40$1,870
Sep 201208694.672.92$251
Aug 2012052892.662.91$1,536
Jul 2012059685.133.02$1,800
Jun 2012064979.822.52$1,635
May 201215160191.612.49$15,329
Apr 20120490101.652.00$978
Mar 20120506105.052.22$1,124
Feb 20120488101.102.57$1,254
Jan 2012048298.092.73$1,318
Dec 2011046396.873.24$1,500
Nov 2011043595.723.31$1,440
Oct 2011055284.983.65$2,014
Sep 2011043583.623.99$1,734
Aug 2011056283.404.15$2,332
Jul 2011022094.144.52$994
Jun 2011027592.904.64$1,276
May 2011020398.134.40$894
Apr 20110455105.964.33$1,972
Mar 2011051396.364.06$2,081
Feb 2011043585.644.18$1,818
Jan 201118963086.504.59$19,239
Dec 2010064685.734.35$2,809
Nov 2010060880.843.80$2,308
Oct 2010051378.103.51$1,800
Sep 2010065772.633.98$2,615
Aug 2010021273.684.42$937
Jul 2010015772.554.74$744
Jun 2010053470.364.91$2,622
May 2010037071.124.24$1,567
Apr 201018557081.694.12$17,463
Mar 2010041178.394.39$1,804
Feb 2010046473.585.44$2,525
Jan 2010055574.365.96$3,310
Dec 2009027671.445.48$1,514
Nov 2009049074.593.75$1,838
Oct 2009060472.544.11$2,483
Sep 2009067465.543.06$2,066
Aug 2009068267.423.22$2,195
Jul 200918771661.133.46$13,912
Jun 2009065666.163.90$2,555
May 2009068954.743.93$2,705
Apr 2009057446.773.59$2,059
Mar 2009070842.144.06$2,874
Feb 2009064032.814.63$2,965
Jan 2009068535.865.37$3,679
Dec 200818671837.105.98$11,192
Nov 2008068455.496.86$4,692
Oct 2008060275.246.92$4,167
Sep 20080551101.767.88$4,340
Aug 20080788114.228.48$6,685
Jul 20080617131.0811.39$7,027
Jun 20080654131.3313.03$8,523
May 20080964123.1711.57$11,158
Apr 20081821,744110.3110.45$38,310
Mar 2008035101.909.66$338
Feb 2008017592.538.77$1,535
Jan 2008029790.388.21$2,437
Dec 2007030688.337.30$2,234
Nov 2007052691.677.29$3,835
Oct 2007066982.856.92$4,631
Sep 2007025775.846.24$1,605
Aug 2007070269.066.39$4,484
Jul 2007049570.906.39$3,162
Jun 200719474362.007.55$17,637
May 2007034558.747.85$2,707
Apr 2007072259.617.81$5,635
Mar 2007029856.927.30$2,176
Feb 2007060255.108.22$4,946
Jan 200715781950.306.73$13,406
Dec 2006072556.656.92$5,016
Nov 2006080254.207.62$6,109
Oct 2006084854.906.01$5,100
Sep 2006089360.085.04$4,498
Aug 2006088168.717.34$6,466
Jul 200618483969.376.34$18,086
Jun 200601,02766.286.38$6,556
May 200601,10266.016.42$7,080
Apr 20061761,05764.397.36$19,113
Mar 200601,09056.707.08$7,720
Feb 200601,03657.597.75$8,030
Jan 20061791,14760.598.93$21,092
Dec 200501,11754.9413.42$14,985
Nov 200501,05554.6910.59$11,171
Oct 200501,26058.3413.80$17,383
Sep 20051761,21961.4512.08$25,540
Aug 200501,31761.519.80$12,902
Jul 200501,27155.697.84$9,969
Jun 20051841,17352.337.38$18,287
May 200501,02845.226.65$6,837
Apr 200501,06749.207.36$7,854
Mar 20053651,40150.377.15$28,409
Feb 200511,43845.226.31$9,122
Jan 200501,62943.166.32$10,299
Dec 200402,85639.866.75$19,281
Nov 20043621,82945.286.33$27,970
Oct 200402,05549.706.52$13,389
Sep 200402,14843.245.28$11,350
Aug 2004112,62542.375.55$15,037
Jul 20043652,71338.286.08$30,479
Jun 200412,13436.106.43$13,764
May 20043603,74437.486.49$37,809
Apr 200413,74534.475.86$21,974
Mar 20043596,51734.365.53$48,375
Feb 200402,77832.455.51$15,306

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.

Apr 2013 — as filed, then multipliedworked
Condensate            60 bbl  × $ 93.96 =     $5,638
Gas                    0 Mcf  × $  4.28 =         $0

────────────────────────────────────────────────────
Month total                                   $5,638

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. 7C/G/205352 is the state's own key, not one this site invented.