OWENS, J. W.

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the CLARA COUCH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 329District 7CField 18500001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
401
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 20 leases and 101 wells, and the rule below applies to all of them.

Discovered
1941-08-17
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
165 ft
minimum

A drilling unit in this field needs at least 10 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: MAX. UNIT DISTANCE FROM WELL-600 FT.

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
OilDisposition29,558 bbl$1,527,996
Casinghead gasProduction21 Mcf$0
Total$1,527,996

21 Mcf of this lease's gas, across 21 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (4)

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 30.7696, -101.7417. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

30.76999, -101.74166 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
2,480 ft
3 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 2,100 and 2,510 ft, median 2,480 ft, over the 3 wells that filed a depth.

Completions filed
May 2012 – May 2013
3 of 4 wells; 1 filed none
Plug dates filed
Apr 1998
1 of 4 wells; 3 filed none

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-105014261
42-105417364082,510 ftMay 2013
42-105416983082,480 ftApr 2013
42-1053224722,100 ftMay 2012Apr 1998Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025159056.664.41$9,009
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025158067.704.27$10,697
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024307080.301.55$24,652
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023194076.533.39$14,847
Dec 2022168076.415.73$12,837
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021181060.362.76$10,925
Mar 20210061.302.72$0
Feb 2021161057.805.55$9,306
Jan 20210050.412.81$0
Dec 2020152044.642.68$6,785
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020160037.091.99$5,934
Aug 2020141039.982.39$5,637
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020316014.751.80$4,661
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 2020158057.252.09$9,046
Dec 2019167059.012.30$9,855
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019158055.052.66$8,698
Aug 2019158053.112.30$8,391
Jul 20190056.272.46$0
Jun 2019168052.782.49$8,867
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20191056.803.06$57
Feb 20190050.852.79$0
Jan 2019166046.033.23$7,641
Dec 2018164046.594.19$7,641
Nov 20181052.934.24$53
Oct 2018164061.443.40$10,076
Sep 20184059.543.11$238
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018169065.382.90$11,049
Apr 2018168063.842.90$10,725
Mar 20181061.222.79$61
Feb 20180061.782.77$0
Jan 2018173062.874.01$10,877
Dec 2017179057.272.92$10,251
Nov 20171055.423.12$55
Oct 20170049.292.98$0
Sep 2017321047.523.09$15,254
Aug 20170045.373.00$0
Jul 2017165043.873.09$7,239
Jun 20171042.493.09$42
May 2017163045.373.26$7,395
Apr 20170047.933.21$0
Mar 2017332046.772.98$15,528
Feb 2017157050.452.95$7,921
Jan 2017340049.413.42$16,799
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016159046.193.09$7,344
Sep 20160041.553.10$0
Aug 20161041.442.92$41
Jul 20162041.622.92$83
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016158026.472.06$4,182
Jan 20160027.352.36$0
Dec 201510032.362.00$324
Nov 20151038.792.17$39
Oct 2015161043.552.43$7,012
Sep 20155042.992.76$215
Aug 2015162040.162.87$6,506
Jul 20154048.152.95$193
Jun 2015182056.152.88$10,219
May 20150055.212.96$0
Apr 2015161049.822.71$8,021
Mar 20158042.892.93$343
Feb 20150044.662.98$0
Jan 2015165043.433.10$7,166
Dec 20140054.693.59$0
Nov 2014150070.464.25$10,569
Oct 20141078.303.90$78
Sep 2014153086.164.05$13,182
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014156094.734.73$14,778
Apr 2014164095.944.81$15,734
Mar 2014325095.895.06$31,164
Feb 2014165097.406.19$16,071
Jan 2014164090.404.86$14,826
Dec 2013157091.824.35$14,416
Nov 2013164088.853.74$14,571
Oct 2013149097.423.78$14,516
Sep 20133030104.113.72$31,545
Aug 20132840104.253.52$29,607
Jul 20134980102.523.72$51,055
Jun 2013856094.403.93$80,806
May 20130094.834.15$0
Apr 2013174093.964.28$16,349
Mar 20130093.623.91$0
Feb 2013167091.233.42$15,235
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012167086.953.62$14,521
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012170092.662.91$15,752
Jul 2012162085.133.02$13,791
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20121810101.652.00$18,399
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012168098.092.73$16,479
Dec 20110096.873.24$0
Nov 2011170095.723.31$16,272
Oct 20110084.983.65$0
Sep 2011166083.623.99$13,881
Aug 2011162083.404.15$13,511
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011165098.134.40$16,191
Apr 201100105.964.33$0
Mar 2011170096.364.06$16,381
Feb 20110085.644.18$0
Jan 2011171086.504.59$14,792
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 201063078.103.51$4,920
Sep 201092072.633.98$6,682
Aug 201091073.684.42$6,705
Jul 2010102072.554.74$7,400
Jun 20100070.364.91$0
May 201035071.124.24$2,489
Apr 2010108081.694.12$8,823
Mar 20100078.394.39$0
Feb 2010122073.585.44$8,977
Jan 2010104074.365.96$7,733
Dec 200930071.445.48$2,143
Nov 200985074.593.75$6,340
Oct 200988072.544.11$6,384
Sep 200988065.543.06$5,768
Aug 200971067.423.22$4,787
Jul 200982061.133.46$5,013
Jun 2009100066.163.90$6,616
May 200968054.743.93$3,722
Apr 200977046.773.59$3,601
Mar 2009101042.144.06$4,256
Feb 200948032.814.63$1,575
Jan 200998035.865.37$3,514
Dec 200838037.105.98$1,410
Nov 200888055.496.86$4,883
Oct 200869075.246.92$5,192
Sep 2008970101.767.88$9,871
Aug 2008770114.228.48$8,795
Jul 20081030131.0811.39$13,501
Jun 2008910131.3313.03$11,951
May 2008500123.1711.57$6,159
Apr 2008700110.3110.45$7,722
Mar 2008860101.909.66$8,763
Feb 2008103092.538.77$9,531
Jan 200881090.388.21$7,321
Dec 200753088.337.30$4,681
Nov 200796091.677.29$8,800
Oct 200791082.856.92$7,539
Sep 200782075.846.24$6,219
Aug 200788069.066.39$6,077
Jul 200782070.906.39$5,814
Jun 200765062.007.55$4,030
May 200799058.747.85$5,815
Apr 200773059.617.81$4,352
Mar 200762056.927.30$3,529
Feb 200779055.108.22$4,353
Jan 200772050.306.73$3,622
Dec 200684056.656.92$4,759
Nov 200691054.207.62$4,932
Oct 2006101054.906.01$5,545
Sep 2006100060.085.04$6,008
Aug 200674068.717.34$5,085
Jul 200650069.376.34$3,469
Jun 200674066.286.38$4,905
May 200669066.016.42$4,555
Apr 2006134064.397.36$8,628
Mar 200635056.707.08$1,985
Feb 20060057.597.75$0
Jan 2006150060.598.93$9,089
Dec 200554054.9413.42$2,967
Nov 200586054.6910.59$4,703
Oct 200555058.3413.80$3,209
Sep 200539061.4512.08$2,397
Aug 200573061.519.80$4,490
Jul 200564055.697.84$3,564
Jun 200578052.337.38$4,082
May 200566045.226.65$2,985
Apr 200589049.207.36$4,379
Mar 200582050.377.15$4,130
Feb 200572045.226.31$3,256
Jan 200594043.166.32$4,057
Dec 200479039.866.75$3,149
Nov 200477045.286.33$3,487
Oct 2004122049.706.52$6,063
Sep 200495043.245.28$4,108
Aug 200493042.375.55$3,940
Jul 200477038.286.08$2,948
Jun 200487036.106.43$3,141
May 200480037.486.49$2,998
Apr 200497034.475.86$3,344
Mar 200467034.365.53$2,302
Feb 200477032.455.51$2,499
Jan 200431032.036.30$993
Dec 200380030.266.30$2,421
Nov 200390028.804.60$2,592
Oct 2003123028.174.76$3,465
Sep 200389026.314.75$2,342
Aug 200337029.765.13$1,101
Jul 2003113029.415.17$3,323
Jun 2003103028.565.98$2,942
May 200375026.595.97$1,994
Apr 200399026.675.41$2,640
Mar 200338031.146.10$1,183
Feb 200383033.487.93$2,779
Jan 2003106030.315.58$3,213
Dec 200298026.914.85$2,637
Nov 20020024.664.14$0
Oct 200284026.464.23$2,223
Sep 200229027.443.64$796
Aug 2002103025.963.16$2,674
Jul 2002146024.583.06$3,589
Jun 200255023.733.34$1,305
May 200289024.663.58$2,195
Apr 200228023.653.51$662
Mar 200290022.003.10$1,980
Feb 200278018.222.38$1,421
Jan 2002110017.172.38$1,889
Dec 200165016.932.36$1,100
Nov 200157018.072.41$1,030
Oct 2001109019.782.53$2,156
Sep 2001111024.262.25$2,693
Aug 200114024.873.05$348
Jul 2001126023.933.20$3,015
Jun 2001124024.563.82$3,045
May 20010025.524.31$0
Apr 200189024.685.34$2,197
Mar 2001159024.545.38$3,902
Feb 200173027.755.77$2,026
Jan 20010027.478.40$0
Dec 2000119026.889.12$3,199
Nov 200080032.215.66$2,577
Oct 200080031.235.15$2,498
Sep 2000101031.875.19$3,219
Aug 200090029.644.54$2,668
Jul 200066028.534.09$1,883
Jun 200099029.304.40$2,901
May 2000103027.263.68$2,808
Apr 2000120024.513.12$2,941
Mar 200088028.422.86$2,501
Feb 2000161027.622.73$4,447
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999102023.192.43$2,365
Oct 19990020.982.80$0
Sep 199991021.752.62$1,979
Aug 199984019.262.88$1,618
Jul 1999106017.892.37$1,896
Jun 1999114015.942.36$1,817
May 199986015.792.32$1,358
Apr 199998015.102.21$1,480
Mar 1999104012.471.84$1,297
Feb 199911009.981.82$1,098
Jan 19990010.381.90$0
Dec 199812409.201.77$1,141
Nov 19980010.892.19$0
Oct 1998123012.421.97$1,528
Sep 1998111012.592.08$1,397
Aug 19980011.301.91$0
Jul 1998113011.742.24$1,327
Jun 1998117011.242.24$1,315
May 19980012.622.21$0
Apr 1998115013.042.51$1,500
Mar 1998121012.802.31$1,549
Feb 1998120013.952.30$1,674
Jan 19980014.702.15$0
Dec 1997114016.322.41$1,860
Nov 1997109018.193.09$1,983
Oct 1997116019.253.15$2,233
Sep 19970017.742.95$0
Aug 1997112017.862.55$2,000
Jul 1997121017.582.25$2,127
Jun 1997120017.242.26$2,069
May 19970018.972.31$0
Apr 1997115017.882.08$2,056
Mar 1997114018.951.94$2,160
Feb 1997117020.492.21$2,397
Jan 19970023.483.54$0
Dec 1996122023.32$2,845
Nov 1996102021.97$2,241
Oct 19960023.31$0
Sep 199690022.22$2,000
Aug 1996116020.26$2,350
Jul 1996116019.55$2,268
Jun 19960018.73$0
May 1996110019.43$2,137
Apr 1996116021.51$2,495
Mar 1996109019.38$2,112
Feb 1996120016.98$2,038
Jan 19960017.07$0
Dec 1995106017.19$1,822
Nov 19950016.00$0
Oct 1995114015.43$1,759
Sep 1995106016.18$1,715
Aug 19950015.92$0
Jul 1995105015.24$1,600
Jun 1995103016.41$1,690
May 1995101017.56$1,774
Apr 19950017.73$0
Mar 1995105016.44$1,726
Feb 1995109016.58$1,807
Jan 19950015.92$0
Dec 1994107015.03$1,608
Nov 1994109015.90$1,733
Oct 1994109015.58$1,698
Sep 19940115.29$0
Aug 1994114116.13$1,839
Jul 19940117.56$0
Jun 1994107117.09$1,829
May 1994121115.88$1,921
Apr 19940114.14$0
Mar 1994112112.46$1,396
Feb 1994114112.50$1,425
Jan 19940112.66$0
Dec 1993112112.33$1,381
Nov 1993115114.49$1,666
Oct 1993110115.85$1,744
Sep 19930115.03$0
Aug 1993108115.66$1,691
Jul 199397115.46$1,500
Jun 1993108116.79$1,813
May 19930117.68$0
Apr 1993104118.05$1,877
Mar 1993109118.14$1,977
Feb 1993114117.90$2,041
Jan 19930116.93$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.

Dec 2025 — as filed, then multipliedworked
Oil                  159 bbl  × $ 56.66 =     $9,009
Casinghead gas         0 Mcf  × $  4.41 =         $0

────────────────────────────────────────────────────
Month total                                   $9,009

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/329 is the state's own key, not one this site invented.