ORELLANA 'B'

Name: ORELLANA 'B' lease production and value, Jul 2012 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SABLE PERMIAN RESOURCES, LLC (P-5 742251) in the LIN (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18020District 7CField 53613750OilCasinghead gasSave Export

Value, all time

$20.9 M

Jul 2012 – Jun 2020

Value, last 12 filed months

$467 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The LIN (WOLFCAMP) 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 515 leases and 2,325 wells, and the rule below applies to all of them.

Discovered

1984-10-08

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-04-21.

The Commission's schedule remark for this field reads: “PER DOCKET NO. 7C-0317412, LIN (WOLFCAMP) IS A UFT FIELD. PDD”

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	174,546 bbl	$14,243,020
Casinghead gas	Production	2,106,730 Mcf	$6,694,166
Total			$20,937,187

Wells on this lease (3)

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 31.0886, -101.0467. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.08855, -101.04716 · 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%

3 of 3 wells

With a plug date

0.0%

0 of 3 wells

Median depth

6,154 ft

3 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

3100.0%

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

Between 6,153 and 6,371 ft, median 6,154 ft, over the 3 wells that filed a depth.

Completions filed

Jul 2012 – May 2013

3 of 3 wells

3 wells


42-23535291	20H	6,153 ft	May 2013	—	Yes
42-23535288	19H	6,154 ft	May 2013	—	Yes
42-23534974	3H	6,371 ft	Jul 2012	—	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 (96)

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

96 months


Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	499	15,448	49.88	1.98	$55,488
Jan 2020	425	16,374	57.25	2.09	$58,631
Dec 2019	334	16,545	59.01	2.30	$57,835
Nov 2019	310	15,551	55.30	2.75	$59,919
Oct 2019	193	16,755	53.47	2.42	$50,842
Sep 2019	294	17,164	55.05	2.66	$61,794
Aug 2019	248	18,442	53.11	2.30	$55,668
Jul 2019	347	19,105	56.27	2.46	$66,525
Jun 2019	259	18,453	52.78	2.49	$59,640
May 2019	371	18,471	58.48	2.74	$72,313
Apr 2019	417	18,258	62.63	2.75	$76,339
Mar 2019	443	19,286	56.80	3.06	$84,218
Feb 2019	315	17,752	50.85	2.79	$65,585
Jan 2019	470	18,510	46.03	3.23	$81,388
Dec 2018	486	20,299	46.59	4.19	$107,603
Nov 2018	411	20,697	52.93	4.24	$109,452
Oct 2018	465	23,183	61.44	3.40	$107,347
Sep 2018	345	24,243	59.54	3.11	$95,889
Aug 2018	492	25,036	59.40	3.07	$105,999
Jul 2018	404	23,543	65.14	2.93	$95,342
Jun 2018	469	23,200	60.18	3.08	$99,609
May 2018	533	26,820	65.38	2.90	$112,647
Apr 2018	331	19,791	63.84	2.90	$78,541
Mar 2018	437	20,138	61.22	2.79	$82,875
Feb 2018	478	18,883	61.78	2.77	$81,763
Jan 2018	673	17,705	62.87	4.01	$113,297
Dec 2017	447	20,936	57.27	2.92	$86,765
Nov 2017	529	20,709	55.42	3.12	$93,895
Oct 2017	531	20,014	49.29	2.98	$85,888
Sep 2017	531	15,088	47.52	3.09	$71,814
Aug 2017	525	21,719	45.37	3.00	$89,072
Jul 2017	625	20,124	43.87	3.09	$89,547
Jun 2017	497	19,853	42.49	3.09	$82,409
May 2017	614	21,677	45.37	3.26	$98,598
Apr 2017	733	22,519	47.93	3.21	$107,455
Mar 2017	615	22,646	46.77	2.98	$96,332
Feb 2017	567	22,158	50.45	2.95	$94,029
Jan 2017	753	25,021	49.41	3.42	$122,748
Dec 2016	582	21,191	48.76	3.72	$107,269
Nov 2016	2,764	24,198	42.49	2.64	$181,430
Oct 2016	2,867	27,895	46.19	3.09	$218,630
Sep 2016	199	27,895	41.55	3.10	$94,761
Aug 2016	716	27,895	41.44	2.92	$111,246
Jul 2016	747	28,401	41.62	2.92	$114,144
Jun 2016	868	27,470	45.35	2.69	$113,144
May 2016	844	28,769	42.52	1.99	$93,167
Apr 2016	763	28,024	36.56	1.99	$83,692
Mar 2016	1,036	28,311	33.01	1.79	$84,989
Feb 2016	893	25,961	26.47	2.06	$77,212
Jan 2016	848	29,910	27.35	2.36	$93,911
Dec 2015	1,153	31,246	32.36	2.00	$99,847
Nov 2015	1,166	32,656	38.79	2.17	$116,005
Oct 2015	1,065	32,690	43.55	2.43	$125,706
Sep 2015	969	30,484	42.99	2.76	$125,745
Aug 2015	978	31,126	40.16	2.87	$128,686
Jul 2015	1,109	28,403	48.15	2.95	$137,047
Jun 2015	1,354	31,145	56.15	2.88	$165,814
May 2015	1,130	34,956	55.21	2.96	$165,698
Apr 2015	1,405	33,868	49.82	2.71	$161,663
Mar 2015	1,355	35,435	42.89	2.93	$162,107
Feb 2015	1,021	21,043	44.66	2.98	$108,226
Jan 2015	1,294	17,305	43.43	3.10	$109,855
Dec 2014	1,245	28,864	54.69	3.59	$171,750
Nov 2014	1,341	25,136	70.46	4.25	$201,361
Oct 2014	1,910	34,195	78.30	3.90	$282,946
Sep 2014	1,924	17,056	86.16	4.05	$234,771
Aug 2014	2,146	18,009	89.39	4.04	$264,499
Jul 2014	2,662	18,150	96.56	4.18	$332,902
Jun 2014	2,147	14,376	98.16	4.74	$278,847
May 2014	2,908	27,967	94.73	4.73	$407,663
Apr 2014	3,278	16,391	95.94	4.81	$393,318
Mar 2014	3,619	19,998	95.89	5.06	$448,152
Feb 2014	3,980	22,775	97.40	6.19	$528,675
Jan 2014	3,428	9,934	90.40	4.86	$358,178
Dec 2013	3,967	16,334	91.82	4.35	$435,376
Nov 2013	8,399	34,894	88.85	3.74	$876,695
Oct 2013	4,690	18,254	97.42	3.78	$525,888
Sep 2013	5,072	6,327	104.11	3.72	$551,568
Aug 2013	8,187	5,829	104.25	3.52	$874,028
Jul 2013	5,389	25,018	102.52	3.72	$645,491
Jun 2013	9,729	31,309	94.40	3.93	$1,041,569
May 2013	6,357	40,537	94.83	4.15	$771,026
Apr 2013	835	21,347	93.96	4.28	$169,877
Mar 2013	2,700	24,084	93.62	3.91	$347,012
Feb 2013	5,677	17,147	91.23	3.42	$576,554
Jan 2013	7,433	33,127	91.60	3.42	$794,154
Dec 2012	4,141	17,847	86.77	3.42	$420,354
Nov 2012	3,414	13,319	86.95	3.62	$345,128
Oct 2012	5,915	16,931	89.38	3.40	$586,243
Sep 2012	5,501	18,634	94.67	2.92	$575,161
Aug 2012	11,893	35,884	92.66	2.91	$1,206,362
Jul 2012	117	28,664	85.13	3.02	$96,548

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.

Feb 2020 — as filed, then multipliedworked

Oil                  499 bbl  × $ 49.88 =    $24,890
Casinghead gas    15,448 Mcf  × $  1.98 =    $30,597

────────────────────────────────────────────────────
Month total                                  $55,488

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/18020 is the state's own key, not one this site invented.