ORELLANA 'F'

Name: ORELLANA 'F' lease production and value, Oct 2013 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 18353District 7CField 53613750OilCasinghead gasSave Export

Value, all time

$11.9 M

Oct 2013 – May 2020

Value, last 12 filed months

$363 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	91,533 bbl	$6,860,259
Casinghead gas	Production	1,549,629 Mcf	$5,028,092
Total			$11,888,351

Wells on this lease (2)

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 31.1221, -101.0528. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.12211, -101.05281 · 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%

2 of 2 wells

With a plug date

0.0%

0 of 2 wells

Median depth

6,514 ft

2 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

2100.0%

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 6,447 and 6,580 ft, median 6,514 ft, over the 2 wells that filed a depth.

Completions filed

Oct 2013

2 of 2 wells

2 wells


42-23535293	14H	6,447 ft	Oct 2013	—	Yes
42-23535292	13H	6,580 ft	Oct 2013	—	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 (80)

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

80 months


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	312	11,382	49.88	1.98	$38,107
Jan 2020	252	11,778	57.25	2.09	$39,099
Dec 2019	196	11,286	59.01	2.30	$37,573
Nov 2019	185	10,836	55.30	2.75	$40,037
Oct 2019	124	11,565	53.47	2.42	$34,601
Sep 2019	202	12,801	55.05	2.66	$45,136
Aug 2019	166	13,354	53.11	2.30	$39,589
Jul 2019	219	13,872	56.27	2.46	$46,449
Jun 2019	160	13,443	52.78	2.49	$41,934
May 2019	220	13,733	58.48	2.74	$50,498
Apr 2019	230	13,713	62.63	2.75	$52,125
Mar 2019	257	14,847	56.80	3.06	$60,061
Feb 2019	202	12,540	50.85	2.79	$45,286
Jan 2019	316	14,366	46.03	3.23	$60,922
Dec 2018	338	15,488	46.59	4.19	$80,572
Nov 2018	272	15,771	52.93	4.24	$81,222
Oct 2018	325	17,305	61.44	3.40	$78,772
Sep 2018	248	17,937	59.54	3.11	$70,514
Aug 2018	324	17,741	59.40	3.07	$73,649
Jul 2018	230	17,958	65.14	2.93	$67,633
Jun 2018	257	17,467	60.18	3.08	$69,211
May 2018	262	16,244	65.38	2.90	$64,250
Apr 2018	303	16,417	63.84	2.90	$66,966
Mar 2018	346	18,381	61.22	2.79	$72,407
Feb 2018	305	15,277	61.78	2.77	$61,101
Jan 2018	427	15,635	62.87	4.01	$89,531
Dec 2017	325	17,367	57.27	2.92	$69,351
Nov 2017	389	16,864	55.42	3.12	$74,146
Oct 2017	424	17,182	49.29	2.98	$72,165
Sep 2017	397	12,580	47.52	3.09	$57,703
Aug 2017	406	17,700	45.37	3.00	$71,598
Jul 2017	421	17,066	43.87	3.09	$71,157
Jun 2017	392	21,062	42.49	3.09	$81,680
May 2017	489	22,661	45.37	3.26	$96,138
Apr 2017	584	17,972	47.93	3.21	$85,710
Mar 2017	582	20,796	46.77	2.98	$89,269
Feb 2017	620	19,793	50.45	2.95	$89,720
Jan 2017	620	19,948	49.41	3.42	$98,832
Dec 2016	488	18,144	48.76	3.72	$91,342
Nov 2016	415	16,995	42.49	2.64	$62,574
Oct 2016	529	24,987	46.19	3.09	$101,651
Sep 2016	526	24,987	41.55	3.10	$99,331
Aug 2016	531	24,987	41.44	2.92	$95,075
Jul 2016	543	21,420	41.62	2.92	$85,239
Jun 2016	650	18,646	45.35	2.69	$79,557
May 2016	637	22,545	42.52	1.99	$71,973
Apr 2016	594	20,865	36.56	1.99	$63,260
Mar 2016	847	22,224	33.01	1.79	$67,830
Feb 2016	798	20,901	26.47	2.06	$64,255
Jan 2016	831	23,165	27.35	2.36	$77,498
Dec 2015	991	22,357	32.36	2.00	$76,814
Nov 2015	1,017	22,757	38.79	2.17	$88,771
Oct 2015	875	22,395	43.55	2.43	$92,450
Sep 2015	721	19,228	42.99	2.76	$84,035
Aug 2015	990	22,755	40.16	2.87	$105,122
Jul 2015	811	19,074	48.15	2.95	$95,224
Jun 2015	984	21,010	56.15	2.88	$115,820
May 2015	826	24,188	55.21	2.96	$117,090
Apr 2015	1,065	24,259	49.82	2.71	$118,717
Mar 2015	1,339	26,121	42.89	2.93	$134,087
Feb 2015	1,171	17,030	44.66	2.98	$102,981
Jan 2015	1,793	26,243	43.43	3.10	$159,240
Dec 2014	1,998	24,054	54.69	3.59	$195,657
Nov 2014	1,372	24,966	70.46	4.25	$202,823
Oct 2014	1,659	27,004	78.30	3.90	$235,241
Sep 2014	1,744	25,491	86.16	4.05	$253,385
Aug 2014	2,243	30,964	89.39	4.04	$325,445
Jul 2014	2,890	32,660	96.56	4.18	$415,564
Jun 2014	2,189	31,336	98.16	4.74	$363,307
May 2014	3,160	18,947	94.73	4.73	$388,901
Apr 2014	3,528	32,059	95.94	4.81	$492,652
Mar 2014	4,319	33,850	95.89	5.06	$585,322
Feb 2014	5,030	15,166	97.40	6.19	$583,830
Jan 2014	6,309	19,584	90.40	4.86	$665,526
Dec 2013	7,130	14,286	91.82	4.35	$716,885
Nov 2013	13,178	82,032	88.85	3.74	$1,477,524
Oct 2013	2,485	7,819	97.42	3.78	$271,640

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                  312 bbl  × $ 49.88 =    $15,563
Casinghead gas    11,382 Mcf  × $  1.98 =    $22,544

────────────────────────────────────────────────────
Month total                                  $38,107

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/18353 is the state's own key, not one this site invented.