OAKS "47"

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) in the MELISSA NICOLE (CANYON REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68330District 8AField 60343075OilCasinghead gasSave
Value, all time
$11.4 M
Jun 2001 – Mar 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
202
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
OilDisposition259,711 bbl$10,718,528
Casinghead gasProduction144,463 Mcf$720,539
Total$11,439,067

Wells on this lease (1)

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 32.5617, -101.7237. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.56167, -101.72373 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,400 ft
1 wells filed one
Completion to plug
16.5 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 9,400 ft.

Completions filed
Feb 2001
1 of 1 wells
Plug dates filed
Aug 2017
1 of 1 wells

Last completion to plug: a median of 16.5 years across the 1 well that filed both dates, with the middle half between 16.5 years and 16.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1153306919,400 ftFeb 2001Aug 2017Yes

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 (202)

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

202 months

Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201735914950.452.95$18,551
Jan 201736613749.413.42$18,552
Dec 201637319948.763.72$18,928
Nov 201634721942.492.64$15,323
Oct 201637729146.193.09$18,313
Sep 201653825841.553.10$23,154
Aug 201653424541.442.92$22,845
Jul 201634322241.622.92$14,925
Jun 201633821545.352.69$15,906
May 201617721942.521.99$7,962
Apr 201651621636.561.99$19,295
Mar 201633425333.011.79$11,479
Feb 201650724826.472.06$13,932
Jan 201650826227.352.36$14,513
Dec 201536131132.362.00$12,304
Nov 201549729538.792.17$19,918
Oct 201549929043.552.43$22,435
Sep 201550030042.992.76$22,323
Aug 201550231840.162.87$21,074
Jul 201534624748.152.95$17,387
Jun 201531816256.152.88$18,323
May 201553017955.212.96$29,790
Apr 201535214349.822.71$17,924
Mar 201554314842.892.93$23,724
Feb 201535313644.662.98$16,170
Jan 201516511643.433.10$7,526
Dec 201452011254.693.59$28,841
Nov 20141685270.464.25$12,058
Oct 20145294178.303.90$41,581
Sep 20143417486.164.05$29,680
Aug 20141822389.394.04$16,362
Jul 2014514696.564.18$49,657
Jun 2014331098.164.74$32,491
May 20143352994.734.73$31,872
Apr 20143421995.944.81$32,903
Mar 20144973595.895.06$47,834
Feb 20145188197.406.19$50,955
Jan 20143413790.404.86$31,006
Dec 20133481991.824.35$32,036
Nov 20133443388.853.74$30,688
Oct 2013512097.423.78$49,879
Sep 20133420104.113.72$35,606
Aug 20135080104.253.52$52,959
Jul 20135060102.523.72$51,875
Jun 2013339094.403.93$32,002
May 2013335094.834.15$31,768
Apr 2013338093.964.28$31,758
Mar 2013515093.623.91$48,214
Feb 2013318091.233.42$29,011
Jan 2013171091.603.42$15,664
Dec 201202586.773.42$86
Nov 2012337986.953.62$29,335
Oct 201233814589.383.40$30,703
Sep 201233919794.672.92$32,668
Aug 201268622592.662.91$64,219
Jul 201217124885.133.02$15,306
Jun 201268326579.822.52$55,185
May 201234228791.612.49$32,045
Apr 2012685249101.652.00$70,127
Mar 2012346283105.052.22$36,976
Feb 2012347267101.102.57$35,768
Jan 201267229898.092.73$66,731
Dec 201133929796.873.24$33,801
Nov 201151828295.723.31$50,517
Oct 20111,02130584.983.65$87,877
Sep 201150628883.623.99$43,460
Aug 201150532283.404.15$43,453
Jul 201168232794.144.52$65,681
Jun 2011632092.904.64$2,042
May 20111,01734098.134.40$101,296
Apr 2011503286105.964.33$54,537
Mar 201168627096.364.06$67,198
Feb 201134323785.644.18$30,365
Jan 201168127186.504.59$60,150
Dec 201069535285.734.35$61,113
Nov 201052334280.843.80$43,577
Oct 201071436778.103.51$57,051
Sep 201069435372.633.98$51,810
Aug 201035224473.684.42$27,014
Jul 201051325672.554.74$38,431
Jun 201071027870.364.91$51,321
May 201018032471.124.24$14,174
Apr 201061121581.694.12$50,799
Mar 201056342478.394.39$45,994
Feb 201055436873.585.44$42,766
Jan 201071037374.365.96$55,020
Dec 200952236371.445.48$39,282
Nov 200954036074.593.75$41,629
Oct 200917028072.544.11$13,483
Sep 200935924365.543.06$24,274
Aug 200968650167.423.22$47,863
Jul 200953047261.133.46$34,034
Jun 200989247866.163.90$60,877
May 200972026154.743.93$40,437
Apr 200970935846.773.59$34,444
Mar 200953835842.144.06$24,124
Feb 200953927332.814.63$18,949
Jan 200954839635.865.37$21,778
Dec 200886852937.105.98$35,365
Nov 200871751255.496.86$43,299
Oct 20081,04161075.246.92$82,547
Sep 2008708257101.767.88$74,070
Aug 2008897621114.228.48$107,723
Jul 20081,055642131.0811.39$145,601
Jun 2008669602131.3313.03$95,705
May 2008841567123.1711.57$110,149
Apr 2008880575110.3110.45$103,084
Mar 2008718546101.909.66$78,441
Feb 200852942292.538.77$52,650
Jan 200889658690.388.21$85,789
Dec 200790457688.337.30$84,056
Nov 200753742691.677.29$52,333
Oct 200789746982.856.92$77,563
Sep 200787553075.846.24$69,669
Aug 200790361669.066.39$66,296
Jul 200772558470.906.39$55,133
Jun 200788553662.007.55$58,916
May 200771641258.747.85$45,291
Apr 200768537059.617.81$43,721
Mar 200718922756.927.30$12,415
Feb 200755640455.108.22$33,955
Jan 200754740250.306.73$30,218
Dec 200670138656.656.92$42,382
Nov 200634840954.207.62$21,977
Oct 2006020954.906.01$1,257
Sep 200674253960.085.04$47,294
Aug 20061,09066768.717.34$79,790
Jul 200690469169.376.34$67,093
Jun 200688965566.286.38$63,104
May 200689866766.016.42$63,562
Apr 20061,01968064.397.36$70,619
Mar 200691961656.707.08$56,470
Feb 20061,10360357.597.75$68,196
Jan 20061,09375660.598.93$72,978
Dec 20051,24584254.9413.42$79,696
Nov 20051,08591054.6910.59$68,974
Oct 20051,0741,00558.3413.80$76,522
Sep 20051,2631,05561.4512.08$90,355
Aug 20051,4391,08461.519.80$99,133
Jul 20051,0681,06255.697.84$67,807
Jun 20051,7691,01752.337.38$100,078
May 20051,24286545.226.65$61,916
Apr 20051,25569749.207.36$66,876
Mar 20051,62768250.377.15$86,832
Feb 20051,26123945.226.31$58,531
Jan 20051,99666643.166.32$90,358
Dec 20041,80766339.866.75$76,503
Nov 20041,28555445.286.33$61,692
Oct 20041,61659649.706.52$84,198
Sep 20041,43848743.245.28$64,752
Aug 200472840142.375.55$33,071
Jul 200491921238.286.08$36,469
Jun 20041,07943736.106.43$41,763
May 20041,45760737.486.49$58,551
Apr 20041,64181834.475.86$61,357
Mar 20041,76795734.365.53$66,006
Feb 20041,4661,46232.455.51$55,627
Jan 20041,8312,27432.036.30$72,972
Dec 20032,3793,11630.266.30$91,624
Nov 20031,9993,32328.804.60$72,841
Oct 20032,6942,79928.174.76$89,212
Sep 20032,5192,40326.314.75$77,688
Aug 20033,3321,94229.765.13$109,122
Jul 20032,5491,81929.415.17$84,372
Jun 20031,6061,33828.565.98$53,873
May 20033,2673,75326.595.97$109,285
Apr 20033,2492,67526.675.41$101,115
Mar 20033,8631,99231.146.10$132,437
Feb 20033,6301,48533.487.93$133,302
Jan 20034,0611,48430.315.58$131,373
Dec 20022,96691226.914.85$84,242
Nov 20025,2193,37524.664.14$142,663
Oct 20025,7956,26126.464.23$179,814
Sep 20026,6596,69027.443.64$207,042
Aug 20027,5746,15225.963.16$216,087
Jul 20028,2094,76024.583.06$216,351
Jun 20028,2564,14323.733.34$209,745
May 20029,0963,61524.663.58$237,264
Apr 20029,7452,75723.653.51$240,153
Mar 20026,8112,13922.003.10$156,479
Feb 20024,6341,51218.222.38$88,024
Jan 20025,7301,69717.172.38$102,416
Dec 20014,9762,74516.932.36$90,734
Nov 20015,4621,79018.072.41$103,004
Oct 20015,3771,73719.782.53$110,750
Sep 20015,4551,74324.262.25$136,262
Aug 20016,0101,85824.873.05$155,141
Jul 20014,7391,69723.933.20$118,830
Jun 20015,4461,63924.563.82$140,022

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 2017 — as filed, then multipliedworked
Oil                  359 bbl  × $ 50.45 =    $18,112
Casinghead gas       149 Mcf  × $  2.95 =       $440

────────────────────────────────────────────────────
Month total                                  $18,551

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/68330 is the state's own key, not one this site invented.