OWENS

Name: OWENS lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by JM COX RESOURCES, L.P. (P-5 433075) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7174District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$906 k

Jan 1993 – Oct 2008

Value, last 12 filed months

$49 k

at the published price for each month

Months reported

190

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered

1904-12-31

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 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: “AREA) 85279200.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	3	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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	25,628 bbl	$624,091
Casinghead gas	Production	101,156 Mcf	$281,438
Total			$905,530

39,940 Mcf of this lease's gas, across 48 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 31.3863, -101.9089. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.38699, -101.91062 · 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%

4 of 4 wells

With a plug date

100.0%

4 of 4 wells

Median depth

8,565 ft

4 wells filed one

Completion to plug

22.8 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

4100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

4100.0%

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 6,100 and 8,600 ft, median 8,565 ft, over the 4 wells that filed a depth.

Completions filed

Jan 1978 – Jul 1983

3 of 4 wells; 1 filed none

Plug dates filed

Nov 1982 – Aug 2008

4 of 4 wells

Last completion to plug: a median of 22.8 years across the 3 wells that filed both dates, with the middle half between 19.6 years and 23.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-46130686	1	8,550 ft	—	Nov 1982	Yes
42-46132007	3	8,600 ft	Jul 1983	Aug 2008	Yes
42-46131341	1 D	6,100 ft	Sep 1978	Jan 1995	Yes
42-46131261	2	8,580 ft	Jan 1978	Oct 2000	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 (190)

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

190 months


Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	99	13	114.22	8.48	$11,418
Jul 2008	0	121	131.08	11.39	$1,378
Jun 2008	0	173	131.33	13.03	$2,255
May 2008	0	240	123.17	11.57	$2,778
Apr 2008	167	290	110.31	10.45	$21,454
Mar 2008	0	251	101.90	9.66	$2,426
Feb 2008	0	175	92.53	8.77	$1,535
Jan 2008	0	221	90.38	8.21	$1,813
Dec 2007	0	243	88.33	7.30	$1,774
Nov 2007	0	252	91.67	7.29	$1,838
Oct 2007	174	348	82.85	6.92	$16,825
Sep 2007	0	272	75.84	6.24	$1,698
Aug 2007	170	247	69.06	6.39	$13,318
Jul 2007	0	290	70.90	6.39	$1,853
Jun 2007	0	250	62.00	7.55	$1,887
May 2007	0	254	58.74	7.85	$1,993
Apr 2007	0	245	59.61	7.81	$1,912
Mar 2007	170	289	56.92	7.30	$11,787
Feb 2007	0	299	55.10	8.22	$2,457
Jan 2007	173	249	50.30	6.73	$10,377
Dec 2006	0	313	56.65	6.92	$2,165
Nov 2006	0	279	54.20	7.62	$2,125
Oct 2006	0	270	54.90	6.01	$1,624
Sep 2006	173	288	60.08	5.04	$11,845
Aug 2006	0	300	68.71	7.34	$2,202
Jul 2006	0	288	69.37	6.34	$1,827
Jun 2006	0	359	66.28	6.38	$2,292
May 2006	179	381	66.01	6.42	$14,264
Apr 2006	0	408	64.39	7.36	$3,003
Mar 2006	177	358	56.70	7.08	$12,572
Feb 2006	0	342	57.59	7.75	$2,651
Jan 2006	152	390	60.59	8.93	$12,694
Dec 2005	0	328	54.94	13.42	$4,400
Nov 2005	172	387	54.69	10.59	$13,504
Oct 2005	0	388	58.34	13.80	$5,353
Sep 2005	161	419	61.45	12.08	$14,955
Aug 2005	0	391	61.51	9.80	$3,831
Jul 2005	174	426	55.69	7.84	$13,031
Jun 2005	0	437	52.33	7.38	$3,226
May 2005	171	428	45.22	6.65	$10,579
Apr 2005	0	335	49.20	7.36	$2,466
Mar 2005	0	371	50.37	7.15	$2,654
Feb 2005	170	368	45.22	6.31	$10,010
Jan 2005	186	387	43.16	6.32	$10,474
Dec 2004	184	312	39.86	6.75	$9,441
Nov 2004	0	329	45.28	6.33	$2,083
Oct 2004	0	289	49.70	6.52	$1,883
Sep 2004	184	370	43.24	5.28	$9,911
Aug 2004	0	418	42.37	5.55	$2,320
Jul 2004	170	430	38.28	6.08	$9,124
Jun 2004	0	424	36.10	6.43	$2,728
May 2004	113	409	37.48	6.49	$6,892
Apr 2004	181	402	34.47	5.86	$8,594
Mar 2004	0	381	34.36	5.53	$2,107
Feb 2004	167	362	32.45	5.51	$7,414
Jan 2004	190	360	32.03	6.30	$8,354
Dec 2003	0	395	30.26	6.30	$2,489
Nov 2003	173	378	28.80	4.60	$6,719
Oct 2003	0	372	28.17	4.76	$1,771
Sep 2003	169	397	26.31	4.75	$6,332
Aug 2003	178	444	29.76	5.13	$7,575
Jul 2003	0	482	29.41	5.17	$2,492
Jun 2003	0	340	28.56	5.98	$2,034
May 2003	166	237	26.59	5.97	$5,829
Apr 2003	0	453	26.67	5.41	$2,450
Mar 2003	170	462	31.14	6.10	$8,110
Feb 2003	180	436	33.48	7.93	$9,482
Jan 2003	0	423	30.31	5.58	$2,361
Dec 2002	166	442	26.91	4.85	$6,612
Nov 2002	177	432	24.66	4.14	$6,152
Oct 2002	0	452	26.46	4.23	$1,912
Sep 2002	167	425	27.44	3.64	$6,127
Aug 2002	188	385	25.96	3.16	$6,099
Jul 2002	0	331	24.58	3.06	$1,013
Jun 2002	170	360	23.73	3.34	$5,236
May 2002	0	386	24.66	3.58	$1,383
Apr 2002	188	476	23.65	3.51	$6,118
Mar 2002	0	261	22.00	3.10	$810
Feb 2002	0	267	18.22	2.38	$634
Jan 2002	169	377	17.17	2.38	$3,797
Dec 2001	173	457	16.93	2.36	$4,009
Nov 2001	0	460	18.07	2.41	$1,107
Oct 2001	168	516	19.78	2.53	$4,628
Sep 2001	177	450	24.26	2.25	$5,307
Aug 2001	0	540	24.87	3.05	$1,649
Jul 2001	161	1,142	23.93	3.20	$7,504
Jun 2001	169	500	24.56	3.82	$6,063
May 2001	135	489	25.52	4.31	$5,551
Apr 2001	171	507	24.68	5.34	$6,925
Mar 2001	171	480	24.54	5.38	$6,777
Feb 2001	0	428	27.75	5.77	$2,468
Jan 2001	177	457	27.47	8.40	$8,700
Dec 2000	169	460	26.88	9.12	$8,739
Nov 2000	172	464	32.21	5.66	$8,165
Oct 2000	0	478	31.23	5.15	$2,460
Sep 2000	259	548	31.87	5.19	$11,097
Aug 2000	0	560	29.64	4.54	$2,543
Jul 2000	136	567	28.53	4.09	$6,199
Jun 2000	150	558	29.30	4.40	$6,849
May 2000	176	565	27.26	3.68	$6,877
Apr 2000	0	574	24.51	3.12	$1,789
Mar 2000	178	598	28.42	2.86	$6,769
Feb 2000	182	543	27.62	2.73	$6,507
Jan 2000	180	575	25.27	2.48	$5,975
Dec 1999	174	594	24.28	2.42	$5,664
Nov 1999	0	576	23.19	2.43	$1,402
Oct 1999	178	588	20.98	2.80	$5,383
Sep 1999	184	587	21.75	2.62	$5,539
Aug 1999	181	589	19.26	2.88	$5,180
Jul 1999	178	607	17.89	2.37	$4,624
Jun 1999	179	609	15.94	2.36	$4,292
May 1999	186	514	15.79	2.32	$4,130
Apr 1999	1	574	15.10	2.21	$1,283
Mar 1999	166	630	12.47	1.84	$3,228
Feb 1999	172	525	9.98	1.82	$2,671
Jan 1999	184	606	10.38	1.90	$3,061
Dec 1998	171	604	9.20	1.77	$2,644
Nov 1998	167	593	10.89	2.19	$3,115
Oct 1998	164	557	12.42	1.97	$3,134
Sep 1998	179	698	12.59	2.08	$3,707
Aug 1998	175	860	11.30	1.91	$3,618
Jul 1998	0	332	11.74	2.24	$743
Jun 1998	0	470	11.24	2.24	$1,052
May 1998	361	696	12.62	2.21	$6,091
Apr 1998	190	664	13.04	2.51	$4,141
Mar 1998	364	693	12.80	2.31	$6,260
Feb 1998	182	607	13.95	2.30	$3,934
Jan 1998	374	685	14.70	2.15	$6,974
Dec 1997	378	627	16.32	2.41	$7,681
Nov 1997	184	586	18.19	3.09	$5,157
Oct 1997	372	643	19.25	3.15	$9,186
Sep 1997	0	470	17.74	2.95	$1,389
Aug 1997	166	541	17.86	2.55	$4,347
Jul 1997	179	470	17.58	2.25	$4,203
Jun 1997	0	487	17.24	2.26	$1,099
May 1997	183	558	18.97	2.31	$4,760
Apr 1997	181	492	17.88	2.08	$4,261
Mar 1997	185	614	18.95	1.94	$4,696
Feb 1997	183	545	20.49	2.21	$4,952
Jan 1997	184	547	23.48	3.54	$6,257
Dec 1996	164	565	23.32	—	$3,824
Nov 1996	0	531	21.97	—	$0
Oct 1996	185	622	23.31	—	$4,312
Sep 1996	185	660	22.22	—	$4,111
Aug 1996	183	896	20.26	—	$3,708
Jul 1996	177	947	19.55	—	$3,460
Jun 1996	175	983	18.73	—	$3,278
May 1996	182	946	19.43	—	$3,536
Apr 1996	371	631	21.51	—	$7,980
Mar 1996	0	409	19.38	—	$0
Feb 1996	184	967	16.98	—	$3,124
Jan 1996	364	984	17.07	—	$6,213
Dec 1995	190	985	17.19	—	$3,266
Nov 1995	365	948	16.00	—	$5,840
Oct 1995	182	910	15.43	—	$2,808
Sep 1995	346	899	16.18	—	$5,598
Aug 1995	170	968	15.92	—	$2,706
Jul 1995	359	954	15.24	—	$5,471
Jun 1995	185	962	16.41	—	$3,036
May 1995	364	948	17.56	—	$6,392
Apr 1995	176	828	17.73	—	$3,120
Mar 1995	365	879	16.44	—	$6,001
Feb 1995	329	866	16.58	—	$5,455
Jan 1995	364	903	15.92	—	$5,795
Dec 1994	368	890	15.03	—	$5,531
Nov 1994	180	940	15.90	—	$2,862
Oct 1994	364	1,032	15.58	—	$5,671
Sep 1994	366	1,310	15.29	—	$5,596
Aug 1994	181	691	16.13	—	$2,920
Jul 1994	181	740	17.56	—	$3,178
Jun 1994	180	725	17.09	—	$3,076
May 1994	0	666	15.88	—	$0
Apr 1994	180	706	14.14	—	$2,545
Mar 1994	182	656	12.46	—	$2,268
Feb 1994	186	559	12.50	—	$2,325
Jan 1994	0	686	12.66	—	$0
Dec 1993	183	671	12.33	—	$2,256
Nov 1993	184	802	14.49	—	$2,666
Oct 1993	182	821	15.85	—	$2,885
Sep 1993	182	844	15.03	—	$2,735
Aug 1993	182	917	15.66	—	$2,850
Jul 1993	179	993	15.46	—	$2,767
Jun 1993	182	948	16.79	—	$3,056
May 1993	180	1,005	17.68	—	$3,182
Apr 1993	342	938	18.05	—	$6,173
Mar 1993	190	784	18.14	—	$3,447
Feb 1993	0	639	17.90	—	$0
Jan 1993	182	786	16.93	—	$3,081

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.

Aug 2008 — as filed, then multipliedworked

Oil                   99 bbl  × $114.22 =    $11,308
Casinghead gas        13 Mcf  × $  8.48 =       $110

────────────────────────────────────────────────────
Month total                                  $11,418

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/7174 is the state's own key, not one this site invented.