TEN F PARTNERS

Operated by SAGE ENERGY COMPANY (P-5 743215) in the GRISELDA (OLMOS 3518) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 257619District 01Field 37058400CondensateGasSave
Value, all time
$1.8 M
May 2010 – Mar 2016
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
71
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition8,344 bbl$674,094
GasProduction272,956 Mcf$1,157,114
Total$1,831,207

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 28.5381, -99.7978. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.53814, -99.79780 · 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
3,906 ft
1 wells filed one
Completion to plug
6.0 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 3,906 ft.

Completions filed
Jan 2010
1 of 1 wells
Plug dates filed
Jan 2016
1 of 1 wells

Last completion to plug: a median of 6.0 years across the 1 well that filed both dates, with the middle half between 6.0 years and 6.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1273364723,906 ftJan 2010Jan 2016Yes

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 (71)

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

71 months

Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20151744043.552.43$7,675
Sep 20151677242.992.76$7,378
Aug 201516313340.162.87$6,928
Jul 201506148.152.95$180
Jun 2015014456.152.88$415
May 201516113555.212.96$9,288
Apr 201518218749.822.71$9,573
Mar 201517319042.892.93$7,978
Feb 201516018944.662.98$7,708
Jan 201517615343.433.10$8,118
Dec 20143453154.693.59$18,979
Nov 201403070.464.25$128
Oct 20141773178.303.90$13,980
Sep 20141833086.164.05$15,889
Aug 20141682789.394.04$15,126
Jul 20141633196.564.18$15,869
Jun 20141703098.164.74$16,829
May 20143303194.734.73$31,407
Apr 20141732695.944.81$16,723
Mar 20141692795.895.06$16,342
Feb 20141702597.406.19$16,713
Jan 201401990.404.86$92
Dec 201311591.824.35$157
Nov 20131841988.853.74$16,419
Oct 20131741797.423.78$17,015
Sep 2013030104.113.72$112
Aug 201318529104.253.52$19,388
Jul 201317622102.523.72$18,125
Jun 201301694.403.93$63
May 20131763094.834.15$16,815
Apr 20131752893.964.28$16,563
Mar 201302893.623.91$110
Feb 20131632891.233.42$14,966
Jan 201318312091.603.42$17,173
Dec 2012815686.773.42$1,228
Nov 201218116486.953.62$16,332
Oct 2012186789.383.40$16,648
Sep 201291194.672.92$884
Aug 20121923392.662.91$17,887
Jul 20121913485.133.02$16,363
Jun 2012195979.822.52$15,588
May 201289991.612.49$979
Apr 201231101.652.00$307
Mar 2012339105.052.22$402
Feb 2012192893101.102.57$21,706
Jan 201242,11698.092.73$6,178
Dec 201141,83396.873.24$6,326
Nov 20111932,85095.723.31$27,911
Oct 201113,75384.983.65$13,778
Sep 20111892,55383.623.99$25,980
Aug 201138,72683.404.15$36,457
Jul 201118,75694.144.52$39,647
Jun 20111988,56692.904.64$58,139
May 201138,11698.134.40$36,044
Apr 201120310,484105.964.33$66,940
Mar 201109,47996.364.06$38,460
Feb 201119110,78985.644.18$61,455
Jan 201119016,26186.504.59$91,053
Dec 201019120,10685.734.35$103,790
Nov 20103218,64980.843.80$73,366
Oct 2010621,96578.103.51$77,541
Sep 201017421,30872.633.98$97,432
Aug 201017422,71573.684.42$113,206
Jul 201037523,67872.554.74$139,357
Jun 201018823,32070.364.91$127,738
May 20103523,46371.124.24$101,860

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.

Oct 2015 — as filed, then multipliedworked
Condensate           174 bbl  × $ 43.55 =     $7,578
Gas                   40 Mcf  × $  2.43 =        $97

────────────────────────────────────────────────────
Month total                                   $7,675

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/257619 is the state's own key, not one this site invented.