OWENS 17

Operated by VANCO OIL & GAS CORP. (P-5 881484) in the CLARA COUCH (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 78741District 7CField 18500568Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$914 k
Jan 1993 – Jul 2004
Value, last 12 filed months
$197 k
at the published price for each month
Months reported
139
no gaps in the span
Streams
1
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 11 wells, and the rule below applies to all of them.

Discovered
1947-05-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 01/01/2001.

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
GasProduction220,481 Mcf$913,955
Total$913,955

16,144 Mcf of this lease's gas, across 13 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 30.7791, -101.7561. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.77910, -101.75605 · 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
6,100 ft
1 wells filed one
Completion to plug
25.9 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 6,100 ft.

Completions filed
Aug 1978
1 of 1 wells
Plug dates filed
Jul 2004
1 of 1 wells

Last completion to plug: a median of 25.9 years across the 1 well that filed both dates, with the middle half between 25.9 years and 25.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1053192116,100 ftAug 1978Jul 2004Yes

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 (139)

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

139 months

Jul 2004038.286.08$0
Jun 200431236.106.43$2,007
May 20044,35237.486.49$28,264
Apr 20043,70434.475.86$21,700
Mar 20044,04334.365.53$22,358
Feb 20042,62232.455.51$14,446
Jan 20041,66132.036.30$10,464
Dec 20032,46930.266.30$15,559
Nov 20034,19328.804.60$19,268
Oct 20033,36228.174.76$16,002
Sep 20034,46126.314.75$21,187
Aug 20035,01329.765.13$25,715
Jul 20034,32629.415.17$22,369
Jun 20034,07428.565.98$24,375
May 20035,20426.595.97$31,082
Apr 20035,01826.675.41$27,134
Mar 20034,81831.146.10$29,371
Feb 20033,91433.487.93$31,022
Jan 20034,25930.315.58$23,774
Dec 20023,57626.914.85$17,357
Nov 20022,11424.664.14$8,746
Oct 20025,09526.464.23$21,547
Sep 20024,63627.443.64$16,853
Aug 20024,91625.963.16$15,555
Jul 20024,93724.583.06$15,116
Jun 20026,04423.733.34$20,176
May 20026,20124.663.58$22,224
Apr 20025,87223.653.51$20,624
Mar 20028,21522.003.10$25,489
Feb 20027,32018.222.38$17,390
Jan 20026,35417.172.38$15,095
Dec 20016,22116.932.36$14,709
Nov 20016,33518.072.41$15,239
Oct 20016,47319.782.53$16,369
Sep 20017,33024.262.25$16,502
Aug 20016,42924.873.05$19,629
Jul 20013,69923.933.20$11,826
Jun 20013,83724.563.82$14,673
May 20015,26225.524.31$22,665
Apr 20011,97824.685.34$10,553
Mar 20012,03424.545.38$10,936
Feb 20016,64927.755.77$38,345
Jan 200110,54927.478.40$88,599
Dec 20002,42126.889.12$22,086
Nov 20001,21832.215.66$6,891
Oct 200014631.235.15$751
Sep 20002831.875.19$145
Aug 20001629.644.54$73
Jul 20003028.534.09$123
Jun 2000029.304.40$0
May 20003027.263.68$110
Apr 20003924.513.12$122
Mar 20003228.422.86$92
Feb 20003927.622.73$106
Jan 20008125.272.48$201
Dec 19994224.282.42$102
Nov 19996523.192.43$158
Oct 19997620.982.80$213
Sep 19993821.752.62$100
Aug 19992519.262.88$72
Jul 19991217.892.37$28
Jun 19994715.942.36$111
May 19991415.792.32$32
Apr 19995715.102.21$126
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 1998012.592.08$0
Aug 1998011.301.91$0
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 1998013.042.51$0
Mar 1998012.802.31$0
Feb 1998013.952.30$0
Jan 1998014.702.15$0
Dec 1997016.322.41$0
Nov 1997018.193.09$0
Oct 1997019.253.15$0
Sep 1997017.742.95$0
Aug 1997017.862.55$0
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 1997018.972.31$0
Apr 1997017.882.08$0
Mar 1997018.951.94$0
Feb 1997020.492.21$0
Jan 1997023.483.54$0
Dec 1996023.32$0
Nov 1996021.97$0
Oct 1996023.31$0
Sep 1996022.22$0
Aug 1996020.26$0
Jul 1996019.55$0
Jun 1996018.73$0
May 1996019.43$0
Apr 1996021.51$0
Mar 1996019.38$0
Feb 1996016.98$0
Jan 1996017.07$0
Dec 1995017.19$0
Nov 1995016.00$0
Oct 1995015.43$0
Sep 1995016.18$0
Aug 1995015.92$0
Jul 1995015.24$0
Jun 199539916.41$0
May 19951,05117.56$0
Apr 19951,28717.73$0
Mar 19952,18316.44$0
Feb 19952,10116.58$0
Jan 19952,18415.92$0
Dec 19942,21715.03$0
Nov 19941,91515.90$0
Oct 19941,43015.58$0
Sep 199493915.29$0
Aug 199431316.13$0
Jul 1994017.56$0
Jun 1994017.09$0
May 1994015.88$0
Apr 1994014.14$0
Mar 1994012.46$0
Feb 1994012.50$0
Jan 1994012.66$0
Dec 1993012.33$0
Nov 1993014.49$0
Oct 1993015.85$0
Sep 1993015.03$0
Aug 1993015.66$0
Jul 1993015.46$0
Jun 1993016.79$0
May 1993017.68$0
Apr 1993018.05$0
Mar 19934818.14$0
Feb 19937717.90$0
Jan 1993016.93$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 2004 — as filed, then multipliedworked
Gas                  312 Mcf  × $  6.43 =     $2,007

────────────────────────────────────────────────────
Month total                                   $2,007

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/78741 is the state's own key, not one this site invented.