OWENS '32'

Operated by HENRY RESOURCES LLC (P-5 378535) in the BENEDUM (SPRABERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18232District 7CField 07109875OilCasinghead gasSaveExport
Value, all time
$553 k
Jan 2013 – Feb 2021
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
98
no gaps in the span
Streams
2
oil, casinghead 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 58 leases and 256 wells, and the rule below applies to all of them.

Discovered
1947-12-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: FIELD ON 4000-1 RATIO PER WELL

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
OilDisposition7,151 bbl$493,747
Casinghead gasProduction16,414 Mcf$58,920
Total$552,668

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 31.3513, -101.9226. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.35129, -101.92256 · 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
11,654 ft
1 wells filed one
Completion to plug
7.8 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 11,654 ft.

Completions filed
Jan 2013
1 of 1 wells
Plug dates filed
Oct 2020
1 of 1 wells

Last completion to plug: a median of 7.8 years across the 1 well that filed both dates, with the middle half between 7.8 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-46134388111,654 ftJan 2013Oct 2020Yes

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 (98)

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

98 months

Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 202043037.091.99$1,595
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20201782930.341.86$5,454
Feb 20201566249.881.98$7,904
Jan 202031057.252.09$193
Dec 201906659.012.30$152
Nov 2019204155.302.75$1,219
Oct 20191737653.472.42$9,434
Sep 2019010355.052.66$274
Aug 2019013353.112.30$306
Jul 2019010556.272.46$258
Jun 20191687752.782.49$9,059
May 201906258.482.74$170
Apr 201905962.632.75$162
Mar 20191585056.803.06$9,128
Feb 201905950.852.79$165
Jan 201906846.033.23$220
Dec 201805446.594.19$226
Nov 201806052.934.24$254
Oct 201808061.443.40$272
Sep 201808959.543.11$277
Aug 201818111459.403.07$11,101
Jul 2018010365.142.93$302
Jun 201809360.183.08$286
May 20181826165.382.90$12,076
Apr 2018313363.842.90$577
Mar 201818513461.222.79$11,699
Feb 201806761.782.77$185
Jan 201804462.874.01$176
Dec 201705157.272.92$149
Nov 201706555.423.12$203
Oct 20171847949.292.98$9,305
Sep 201707747.523.09$238
Aug 20171848045.373.00$8,588
Jul 201707643.873.09$235
Jun 201701742.493.09$52
May 20171823645.373.26$8,375
Apr 201706047.933.21$193
Mar 201707046.772.98$209
Feb 201707050.452.95$207
Jan 20171786149.413.42$9,004
Dec 201601948.763.72$71
Nov 201602842.492.64$74
Oct 201606046.193.09$185
Sep 201601041.553.10$31
Aug 201602241.442.92$64
Jul 20161856841.622.92$7,899
Jun 201608245.352.69$220
May 201618410442.521.99$8,031
Apr 2016010936.561.99$217
Mar 2016012733.011.79$228
Feb 2016015326.472.06$316
Jan 201618814827.352.36$5,492
Dec 201518215332.362.00$6,196
Nov 2015015538.792.17$336
Oct 201518417443.552.43$8,435
Sep 2015018142.992.76$499
Aug 2015018540.162.87$531
Jul 201517718648.152.95$9,070
Jun 2015019156.152.88$551
May 201518620655.212.96$10,878
Apr 201518721449.822.71$9,896
Mar 2015023142.892.93$678
Feb 2015010144.662.98$301
Jan 201518618343.433.10$8,645
Dec 2014021054.693.59$754
Nov 2014020470.464.25$867
Oct 201418323278.303.90$15,234
Sep 2014024786.164.05$999
Aug 201418023989.394.04$17,055
Jul 2014025996.564.18$1,083
Jun 201417724598.164.74$18,535
May 2014027894.734.73$1,314
Apr 201419228795.944.81$19,801
Mar 2014030395.895.06$1,532
Feb 201416727597.406.19$17,969
Jan 201418233390.404.86$18,071
Dec 2013025991.824.35$1,128
Nov 201317331288.853.74$16,537
Oct 201318135797.423.78$18,982
Sep 2013181411104.113.72$20,372
Aug 2013187433104.253.52$21,020
Jul 20130370102.523.72$1,376
Jun 201317047394.403.93$17,909
May 201317759394.834.15$19,245
Apr 201337382293.964.28$38,567
Mar 20133731,79393.623.91$41,936
Feb 20134181,61591.233.42$43,657
Jan 20130091.603.42$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.

Sep 2020 — as filed, then multipliedworked
Oil                   43 bbl  × $ 37.09 =     $1,595
Casinghead gas         0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                   $1,595

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/18232 is the state's own key, not one this site invented.