J.W. OWENS "D"

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the OLSON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17321District 7CField 67284001Hydrogen sulphide fieldOilSaveExport
Value, all time
$2.0 M
Jul 2010 – May 2026
Value, last 12 filed months
$93 k
at the published price for each month
Months reported
191
no gaps in the span
Streams
1
oil

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 13 leases and 228 wells, and the rule below applies to all of them.

Discovered
1940-05-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
233 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2015-07-14.

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 04/01/2013.

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
OilDisposition28,778 bbl$1,952,321
Total$1,952,321

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 30.7645, -101.7407. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.76447, -101.74073 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,230 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
00.0%
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.
1100.0%

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 6,230 ft.

Completions filed
Jul 2010
1 of 1 wells

1 well

42-1053885926,230 ftJul 2010

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 (191)

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

191 months

May 2026148106.413.05$15,749
Apr 202648798.932.87$48,179
Mar 20267689.753.15$6,821
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 20255159.383.30$3,028
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 202514266.743.32$9,477
Jun 202514066.483.13$9,307
May 202526760.553.23$16,167
Apr 202512962.363.54$8,044
Mar 202522767.704.27$15,368
Feb 202510670.884.34$7,513
Jan 202522774.324.28$16,871
Dec 202422768.993.12$15,661
Nov 202410969.052.20$7,526
Oct 202421971.372.28$15,630
Sep 202411569.612.36$8,005
Aug 2024075.632.06$0
Jul 202410379.932.15$8,233
Jun 202421878.082.63$17,021
May 202411178.812.20$8,748
Apr 202421884.451.66$18,410
Mar 202423280.301.55$18,630
Feb 202422976.091.78$17,425
Jan 202422873.023.30$16,649
Dec 202311571.262.61$8,195
Nov 202323977.892.81$18,616
Oct 202311585.443.09$9,826
Sep 202323889.042.74$21,192
Aug 202323580.522.67$18,922
Jul 202311374.852.64$8,458
Jun 202321968.962.26$15,102
May 202323070.622.23$16,243
Apr 202324078.122.24$18,749
Mar 202310372.852.39$7,504
Feb 202311775.112.47$8,788
Jan 202325676.533.39$19,592
Dec 202212976.415.73$9,857
Nov 202225085.005.65$21,250
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 202225094.529.13$23,630
Jul 2022121101.587.54$12,291
Jun 2022347115.097.98$39,936
May 20220109.378.43$0
Apr 2022121104.226.84$12,611
Mar 2022114108.885.08$12,412
Feb 202212791.054.86$11,563
Jan 202222781.844.54$18,578
Dec 202123371.323.90$16,618
Nov 202112777.435.24$9,834
Oct 202112879.795.71$10,213
Sep 202136669.865.35$25,569
Aug 2021066.024.22$0
Jul 202112470.783.98$8,777
Jun 2021069.493.38$0
May 202123363.483.02$14,791
Apr 202122560.362.76$13,581
Mar 202117561.302.72$10,728
Feb 202111557.805.55$6,647
Jan 202111750.412.81$5,898
Dec 202022544.642.68$10,044
Nov 202011438.772.71$4,420
Oct 202022736.972.48$8,392
Sep 202022637.091.99$8,382
Aug 202021139.982.39$8,436
Jul 202022338.371.83$8,557
Jun 202022934.901.69$7,992
May 2020016.921.81$0
Apr 202023914.751.80$3,525
Mar 202022830.341.86$6,918
Feb 202022549.881.98$11,223
Jan 202011157.252.09$6,355
Dec 201922059.012.30$12,982
Nov 201922555.302.75$12,443
Oct 201910553.472.42$5,614
Sep 201923355.052.66$12,827
Aug 201922553.112.30$11,950
Jul 201910756.272.46$6,021
Jun 201921852.782.49$11,506
May 201921358.482.74$12,456
Apr 201919262.632.75$12,025
Mar 201924456.803.06$13,859
Feb 201912850.852.79$6,509
Jan 2019046.033.23$0
Dec 201824646.594.19$11,461
Nov 201824852.934.24$13,127
Oct 201811961.443.40$7,311
Sep 201824359.543.11$14,468
Aug 201823259.403.07$13,781
Jul 201823465.142.93$15,243
Jun 2018060.183.08$0
May 201811365.382.90$7,388
Apr 201811863.842.90$7,533
Mar 201822661.222.79$13,836
Feb 201823061.782.77$14,209
Jan 201812362.874.01$7,733
Dec 201724557.272.92$14,031
Nov 201721255.423.12$11,749
Oct 201710249.292.98$5,028
Sep 201710347.523.09$4,895
Aug 201721745.373.00$9,845
Jul 201710943.873.09$4,782
Jun 201720842.493.09$8,838
May 201720945.373.26$9,482
Apr 2017047.933.21$0
Mar 201731746.772.98$14,826
Feb 201710850.452.95$5,449
Jan 201721849.413.42$10,771
Dec 201620448.763.72$9,947
Nov 201611642.492.64$4,929
Oct 201610846.193.09$4,989
Sep 201621141.553.10$8,767
Aug 201621241.442.92$8,785
Jul 201611541.622.92$4,786
Jun 201620945.352.69$9,478
May 201611242.521.99$4,762
Apr 201620836.561.99$7,604
Mar 201621633.011.79$7,130
Feb 201621826.472.06$5,770
Jan 201610627.352.36$2,899
Dec 201521432.362.00$6,925
Nov 201519938.792.17$7,719
Oct 201510543.552.43$4,573
Sep 201511342.992.76$4,858
Aug 201520740.162.87$8,313
Jul 201520648.152.95$9,919
Jun 201521256.152.88$11,904
May 201510255.212.96$5,631
Apr 201532449.822.71$16,142
Mar 201511142.892.93$4,761
Feb 201511044.662.98$4,913
Jan 201510243.433.10$4,430
Dec 201419154.693.59$10,446
Nov 201420770.464.25$14,585
Oct 2014078.303.90$0
Sep 20147886.164.05$6,720
Aug 201416189.394.04$14,392
Jul 2014096.564.18$0
Jun 20148098.164.74$7,853
May 2014094.734.73$0
Apr 201417095.944.81$16,310
Mar 20148695.895.06$8,247
Feb 201416797.406.19$16,266
Jan 201416890.404.86$15,187
Dec 20138091.824.35$7,346
Nov 201316388.853.74$14,483
Oct 201317197.423.78$16,659
Sep 2013167104.113.72$17,386
Aug 201389104.253.52$9,278
Jul 2013252102.523.72$25,835
Jun 2013094.403.93$0
May 20138894.834.15$8,345
Apr 201316893.964.28$15,785
Mar 20138593.623.91$7,958
Feb 20138491.233.42$7,663
Jan 201326391.603.42$24,091
Dec 20128286.773.42$7,115
Nov 201217486.953.62$15,129
Oct 20128689.383.40$7,687
Sep 20128694.672.92$8,142
Aug 20125792.662.91$5,282
Jul 201231585.133.02$26,816
Jun 201220879.822.52$16,603
May 201220691.612.49$18,872
Apr 2012210101.652.00$21,347
Mar 2012182105.052.22$19,119
Feb 2012106101.102.57$10,717
Jan 201220898.092.73$20,403
Dec 201121096.873.24$20,343
Nov 201130295.723.31$28,907
Oct 201130884.983.65$26,174
Sep 201129683.623.99$24,752
Aug 2011083.404.15$0
Jul 201120194.144.52$18,922
Jun 2011092.904.64$0
May 20119998.134.40$9,715
Apr 2011178105.964.33$18,861
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$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.

May 2026 — as filed, then multipliedworked
Oil                  148 bbl  × $106.41 =    $15,749

────────────────────────────────────────────────────
Month total                                  $15,749

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/O/17321 is the state's own key, not one this site invented.