ORELLANA 'E'

Name: ORELLANA 'E' lease production and value, Jan 2014 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 18712District 7CField 53613750OilCasinghead gasSave Export

Value, all time

$21.8 M

Jan 2014 – Jun 2020

Value, last 12 filed months

$596 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	169,835 bbl	$12,179,839
Casinghead gas	Production	3,074,917 Mcf	$9,639,366
Total			$21,819,204

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, -101.0625. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.08861, -101.06206 · 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

6,433 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 6,403 and 6,451 ft, median 6,433 ft, over the 3 wells that filed a depth.

Completions filed

Jan 2014 – Jul 2014

3 of 3 wells

3 wells


42-23535343	9H	6,451 ft	Jul 2014	—	Yes
42-23535346	10H	6,433 ft	Jul 2014	—	Yes
42-23535349	12H	6,403 ft	Jan 2014	—	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 (78)

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

78 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	503	22,206	49.88	1.98	$69,072
Jan 2020	342	23,690	57.25	2.09	$69,204
Dec 2019	250	22,089	59.01	2.30	$65,654
Nov 2019	260	19,324	55.30	2.75	$67,533
Oct 2019	277	23,820	53.47	2.42	$72,421
Sep 2019	295	23,718	55.05	2.66	$79,265
Aug 2019	389	25,002	53.11	2.30	$78,273
Jul 2019	478	27,380	56.27	2.46	$94,254
Jun 2019	190	24,094	52.78	2.49	$70,051
May 2019	395	28,077	58.48	2.74	$100,040
Apr 2019	292	20,092	62.63	2.75	$73,555
Mar 2019	486	36,839	56.80	3.06	$140,410
Feb 2019	332	34,790	50.85	2.79	$114,024
Jan 2019	491	39,481	46.03	3.23	$150,053
Dec 2018	515	31,574	46.59	4.19	$156,145
Nov 2018	365	23,552	52.93	4.24	$119,115
Oct 2018	826	22,016	61.44	3.40	$125,562
Sep 2018	440	30,723	59.54	3.11	$121,685
Aug 2018	454	31,389	59.40	3.07	$123,224
Jul 2018	489	32,169	65.14	2.93	$126,169
Jun 2018	534	0	60.18	3.08	$32,136
May 2018	530	32,286	65.38	2.90	$128,307
Apr 2018	546	31,240	63.84	2.90	$125,478
Mar 2018	641	36,799	61.22	2.79	$141,795
Feb 2018	822	37,686	61.78	2.77	$155,027
Jan 2018	588	36,135	62.87	4.01	$181,844
Dec 2017	578	40,485	57.27	2.92	$151,380
Nov 2017	722	38,598	55.42	3.12	$160,376
Oct 2017	704	40,284	49.29	2.98	$154,895
Sep 2017	669	25,461	47.52	3.09	$110,396
Aug 2017	482	31,570	45.37	3.00	$116,717
Jul 2017	723	38,423	43.87	3.09	$150,341
Jun 2017	782	38,423	42.49	3.09	$151,850
May 2017	841	44,767	45.37	3.26	$184,249
Apr 2017	961	43,121	47.93	3.21	$184,548
Mar 2017	925	36,763	46.77	2.98	$152,951
Feb 2017	664	33,422	50.45	2.95	$132,181
Jan 2017	902	29,281	49.41	3.42	$144,674
Dec 2016	745	29,956	48.76	3.72	$147,847
Nov 2016	821	30,609	42.49	2.64	$115,825
Oct 2016	776	36,797	46.19	3.09	$149,556
Sep 2016	1,025	40,419	41.55	3.10	$167,913
Aug 2016	962	42,485	41.44	2.92	$164,106
Jul 2016	921	43,131	41.62	2.92	$164,462
Jun 2016	1,080	43,223	45.35	2.69	$165,068
May 2016	1,117	48,368	42.52	1.99	$143,797
Apr 2016	992	50,159	36.56	1.99	$136,136
Mar 2016	1,718	58,618	33.01	1.79	$161,872
Feb 2016	1,425	50,784	26.47	2.06	$142,519
Jan 2016	1,351	55,848	27.35	2.36	$168,995
Dec 2015	1,898	55,952	32.36	2.00	$173,402
Nov 2015	1,968	57,622	38.79	2.17	$201,225
Oct 2015	2,263	63,078	43.55	2.43	$251,617
Sep 2015	2,356	64,047	42.99	2.76	$277,953
Aug 2015	2,582	71,292	40.16	2.87	$308,479
Jul 2015	2,696	67,891	48.15	2.95	$329,757
Jun 2015	2,906	66,291	56.15	2.88	$354,280
May 2015	3,279	73,879	55.21	2.96	$399,379
Apr 2015	3,058	65,032	49.82	2.71	$328,363
Mar 2015	3,773	67,115	42.89	2.93	$358,787
Feb 2015	2,534	50,482	44.66	2.98	$263,412
Jan 2015	4,233	55,313	43.43	3.10	$355,344
Dec 2014	5,194	63,764	54.69	3.59	$513,059
Nov 2014	6,271	59,004	70.46	4.25	$692,730
Oct 2014	9,466	70,154	78.30	3.90	$1,014,856
Sep 2014	10,869	79,119	86.16	4.05	$1,256,544
Aug 2014	19,646	110,865	89.39	4.04	$2,203,510
Jul 2014	17,410	49,693	96.56	4.18	$1,888,806
Jun 2014	2,198	21,922	98.16	4.74	$319,598
May 2014	3,034	22,120	94.73	4.73	$391,962
Apr 2014	4,406	22,251	95.94	4.81	$529,719
Mar 2014	6,671	40,024	95.89	5.06	$842,076
Feb 2014	8,810	56,678	97.40	6.19	$1,209,044
Jan 2014	8,698	34,163	90.40	4.86	$952,356

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                  503 bbl  × $ 49.88 =    $25,090
Casinghead gas    22,206 Mcf  × $  1.98 =    $43,983

────────────────────────────────────────────────────
Month total                                  $69,072

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/18712 is the state's own key, not one this site invented.