TEN F PARTNERS

Operated by SAGE ENERGY COMPANY (P-5 743215) in the HUNNICUTT (OLMOS 3400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 251858District 01Field 43631333CondensateGasSaveExport
Value, all time
$1.9 M
Aug 2009 – Sep 2013
Value, last 12 filed months
$44 k
at the published price for each month
Months reported
50
no gaps in the span
Streams
2
condensate, 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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1964-07-05
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition763 bbl$58,833
GasProduction428,224 Mcf$1,847,455
Total$1,906,288

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 28.5369, -99.8010. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.53691, -99.80100 · 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
3,902 ft
1 wells filed one
Completion to plug
6 months
median over 1 well

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 3,902 ft.

Completions filed
Mar 2013
1 of 1 wells
Plug dates filed
Sep 2013
1 of 1 wells

Last completion to plug: a median of 6 months across the 1 well that filed both dates, with the middle half between 6 months and 6 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1273362213,902 ftMar 2013Sep 2013Yes

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 (50)

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

50 months

Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 201367693.964.28$6,321
Mar 2013654893.623.91$2,706
Feb 201301,57591.233.42$5,386
Jan 201301,91691.603.42$6,553
Dec 201201,54286.773.42$5,274
Nov 201202,36886.953.62$8,584
Oct 201202,62189.383.40$8,911
Sep 201202,88594.672.92$8,420
Aug 201203,34092.662.91$9,713
Jul 201203,28385.133.02$9,917
Jun 2012069379.822.52$1,746
May 20120291.612.49$5
Apr 20120169101.652.00$337
Mar 20120427105.052.22$949
Feb 201203,607101.102.57$9,271
Jan 201204,28598.092.73$11,716
Dec 201104,47996.873.24$14,511
Nov 201104,43395.723.31$14,679
Oct 201105,38684.983.65$19,651
Sep 201106,14283.623.99$24,481
Aug 201118,08483.404.15$33,627
Jul 201106,35794.144.52$28,716
Jun 201106,79792.904.64$31,537
May 201107,74198.134.40$34,098
Apr 201108,260105.964.33$35,793
Mar 2011010,83196.364.06$43,945
Feb 2011011,06685.644.18$46,256
Jan 2011115,04286.504.59$69,111
Dec 201016116,02485.734.35$83,471
Nov 2010016,82480.843.80$63,853
Oct 2010020,62478.103.51$72,367
Sep 201016121,63572.633.98$97,789
Aug 2010019,73273.684.42$87,203
Jul 2010123,02672.554.74$109,135
Jun 2010024,44170.364.91$120,015
May 201015719,70271.124.24$94,608
Apr 2010024,88881.694.12$102,606
Mar 2010028,28778.394.39$124,142
Feb 20109926,09573.585.44$149,303
Jan 2010020,24774.365.96$120,755
Dec 200910911,69971.445.48$71,941
Nov 2009012,44574.593.75$46,687
Oct 2009012,38272.544.11$50,893
Sep 200906,04965.543.06$18,539
Aug 2009023967.423.22$769

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.

Apr 2013 — as filed, then multipliedworked
Condensate            67 bbl  × $ 93.96 =     $6,295
Gas                    6 Mcf  × $  4.28 =        $26

────────────────────────────────────────────────────
Month total                                   $6,321

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. 01/G/251858 is the state's own key, not one this site invented.