ORELLANA 'C'

Name: ORELLANA 'C' lease production and value, Dec 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 18118District 7CField 53613750OilCasinghead gasSave Export

Value, all time

$17.5 M

Dec 2012 – Jun 2020

Value, last 12 filed months

$710 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	172,457 bbl	$10,754,093
Casinghead gas	Production	2,282,074 Mcf	$6,734,178
Total			$17,488,271

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 31.1145, -101.0704. A lease has no coordinate of its own — that point is the mean of its wells, and they span 3.1 miles.

31.11059, -101.07012 · 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

6,468 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 6,229 and 6,541 ft, median 6,468 ft, over the 3 wells that filed a depth.

Completions filed

Dec 2012 – Mar 2015

3 of 3 wells

3 wells


42-23536009	24H	6,468 ft	Mar 2015	—	Yes
42-23536010	30H	6,541 ft	Mar 2015	—	Yes
42-23535142	4H	6,229 ft	Dec 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 (91)

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

91 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	1,041	20,803	49.88	1.98	$93,129
Jan 2020	717	24,983	57.25	2.09	$93,381
Dec 2019	515	23,042	59.01	2.30	$83,487
Nov 2019	655	25,032	55.30	2.75	$105,077
Oct 2019	464	21,441	53.47	2.42	$76,666
Sep 2019	542	21,473	55.05	2.66	$86,897
Aug 2019	593	22,521	53.11	2.30	$83,391
Jul 2019	597	22,204	56.27	2.46	$88,216
Jun 2019	229	18,352	52.78	2.49	$57,805
May 2019	654	26,491	58.48	2.74	$110,840
Apr 2019	525	18,612	62.63	2.75	$84,077
Mar 2019	838	26,299	56.80	3.06	$128,129
Feb 2019	633	28,103	50.85	2.79	$110,658
Jan 2019	796	28,106	46.03	3.23	$127,371
Dec 2018	909	26,241	46.59	4.19	$152,180
Nov 2018	451	29,279	52.93	4.24	$147,934
Oct 2018	1,111	21,266	61.44	3.40	$140,523
Sep 2018	730	36,524	59.54	3.11	$156,981
Aug 2018	395	28,296	59.40	3.07	$110,234
Jul 2018	567	30,709	65.14	2.93	$126,969
Jun 2018	567	0	60.18	3.08	$34,122
May 2018	654	34,854	65.38	2.90	$143,863
Apr 2018	820	34,301	63.84	2.90	$151,849
Mar 2018	646	36,325	61.22	2.79	$140,780
Feb 2018	1,067	35,577	61.78	2.77	$164,330
Jan 2018	718	37,058	62.87	4.01	$193,718
Dec 2017	817	41,218	57.27	2.92	$167,209
Nov 2017	1,152	39,732	55.42	3.12	$187,743
Oct 2017	1,093	42,490	49.29	2.98	$180,651
Sep 2017	756	21,705	47.52	3.09	$102,935
Aug 2017	771	37,067	45.37	3.00	$146,344
Jul 2017	1,044	32,781	43.87	3.09	$147,004
Jun 2017	1,150	35,800	42.49	3.09	$159,388
May 2017	1,398	32,995	45.37	3.26	$171,103
Apr 2017	812	25,772	47.93	3.21	$121,689
Mar 2017	1,407	37,366	46.77	2.98	$177,294
Feb 2017	1,053	28,879	50.45	2.95	$138,392
Jan 2017	1,511	25,406	49.41	3.42	$161,517
Dec 2016	1,728	24,126	48.76	3.72	$174,074
Nov 2016	1,768	19,545	42.49	2.64	$126,806
Oct 2016	1,874	38,505	46.19	3.09	$205,551
Sep 2016	1,576	32,730	41.55	3.10	$166,966
Aug 2016	2,220	37,237	41.44	2.92	$200,890
Jul 2016	2,032	38,417	41.62	2.92	$196,916
Jun 2016	1,860	39,813	45.35	2.69	$191,282
May 2016	2,241	36,172	42.52	1.99	$167,307
Apr 2016	2,449	39,226	36.56	1.99	$167,636
Mar 2016	2,995	49,652	33.01	1.79	$187,941
Feb 2016	3,335	43,067	26.47	2.06	$177,152
Jan 2016	2,945	55,778	27.35	2.36	$212,425
Dec 2015	3,246	49,398	32.36	2.00	$203,906
Nov 2015	3,064	46,997	38.79	2.17	$220,711
Oct 2015	3,369	54,338	43.55	2.43	$278,575
Sep 2015	3,817	53,845	42.99	2.76	$312,620
Aug 2015	4,478	55,522	40.16	2.87	$339,323
Jul 2015	6,151	55,395	48.15	2.95	$459,313
Jun 2015	6,663	58,381	56.15	2.88	$542,432
May 2015	9,119	77,377	55.21	2.96	$732,144
Apr 2015	16,553	70,256	49.82	2.71	$1,014,823
Mar 2015	776	4,839	42.89	2.93	$47,484
Feb 2015	429	8,663	44.66	2.98	$44,942
Jan 2015	833	7,974	43.43	3.10	$60,902
Dec 2014	812	4,627	54.69	3.59	$61,026
Nov 2014	343	7,485	70.46	4.25	$55,993
Oct 2014	995	10,670	78.30	3.90	$119,532
Sep 2014	632	7,951	86.16	4.05	$86,618
Aug 2014	1,046	9,170	89.39	4.04	$130,504
Jul 2014	1,483	4,183	96.56	4.18	$160,682
Jun 2014	630	8,322	98.16	4.74	$101,261
May 2014	1,029	6,721	94.73	4.73	$129,244
Apr 2014	1,042	9,266	95.94	4.81	$144,531
Mar 2014	1,122	11,172	95.89	5.06	$164,083
Feb 2014	1,670	26,028	97.40	6.19	$323,823
Jan 2014	1,499	9,835	90.40	4.86	$183,315
Dec 2013	1,117	0	91.82	4.35	$102,563
Nov 2013	1,083	0	88.85	3.74	$96,225
Oct 2013	1,112	0	97.42	3.78	$108,331
Sep 2013	4,174	18,466	104.11	3.72	$503,207
Aug 2013	1,474	8,047	104.25	3.52	$182,011
Jul 2013	3,864	2,611	102.52	3.72	$405,844
Jun 2013	12,219	1,665	94.40	3.93	$1,160,023
May 2013	3,414	9,612	94.83	4.15	$363,631
Apr 2013	1,396	4,603	93.96	4.28	$150,881
Mar 2013	3,848	24,605	93.62	3.91	$456,526
Feb 2013	1,892	10,540	91.23	3.42	$208,653
Jan 2013	3,981	7,362	91.60	3.42	$389,837
Dec 2012	4,661	2,777	86.77	3.42	$413,933

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                1,041 bbl  × $ 49.88 =    $51,925
Casinghead gas    20,803 Mcf  × $  1.98 =    $41,204

────────────────────────────────────────────────────
Month total                                  $93,129

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/18118 is the state's own key, not one this site invented.