OWNBY, ERNEST

Operated by SHELL WESTERN E&P INC. (P-5 774720) in the OWNBY (CLEAR FORK, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 60373District 8AField 67899400OilCasinghead gasSave
Value, all time
$27 k
Jan 1993 – Jun 1993
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
6
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,557 bbl$27,038
Casinghead gasProduction1,923 Mcf$0
Total$27,038

1,923 Mcf of this lease's gas, across 2 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 (8)

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 33.1299, -102.7067. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

33.12949, -102.70594 · 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
50.0%
4 of 8 wells
With a plug date
37.5%
3 of 8 wells
Median depth
6,992 ft
7 wells filed one
Completion to plug
27.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
450.0%
A plug date is filed
337.5%
BothOn the schedule and plugged. Neither fact cancels the other.
337.5%
NeitherNo plug date, and not on the schedule.
450.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 7 of 8 wells. Median 6,992 ft, with the middle half between 6,960 and 7,005 ft; the shallowest is 6,900 ft and the deepest 7,040 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

70s
80s
90s
00s
10s
20s

Last completion by decade, 6 of 8 wells, May 1974 – Jan 2024. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1974 – Jan 2024
6 of 8 wells; 2 filed none
Plug dates filed
Sep 1989 – Jun 2023
3 of 8 wells; 5 filed none

Last completion to plug: a median of 27.4 years across the 2 wells that filed both dates, with the middle half between 21.3 years and 33.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-501106111Yes
42-5011063426,970 ftJun 1996Yes
42-5013256077,040 ftJan 2024
42-5013256186,992 ftAug 1984
42-5013252067,010 ftApr 1984
42-5013251957,000 ftMar 1984
42-5013243246,949 ftJan 1984Jun 2023Yes
42-5011064736,900 ftMay 1974Sep 1989Yes

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 (6)

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

6 months

Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 199369980617.90$12,512
Jan 19938581,11716.93$14,526

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 1993 — as filed, then multipliedworked
Oil                  699 bbl  × $ 17.90 =    $12,512
Casinghead gas       806 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                  $12,512

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. 8A/O/60373 is the state's own key, not one this site invented.