FROST BANK UNIT

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

Oil lease lease 14652District 01Field 69981125OilCasinghead gasSave
Value, all time
$2.3 M
Nov 2005 – Oct 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
84
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
OilDisposition28,705 bbl$1,953,385
Casinghead gasProduction39,950 Mcf$304,272
Total$2,257,657

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 28.6777, -99.5346. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.67766, -99.53464 · 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
9,410 ft
1 wells filed one
Completion to plug
6.8 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 9,410 ft.

Completions filed
Nov 2005
1 of 1 wells
Plug dates filed
Sep 2012
1 of 1 wells

Last completion to plug: a median of 6.8 years across the 1 well that filed both dates, with the middle half between 6.8 years and 6.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-507324141RE9,410 ftNov 2005Sep 2012Yes

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 (84)

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

84 months

Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010132385.734.35$11,329
Nov 20100180.843.80$4
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201001073.684.42$44
Jul 20103832772.554.74$27,915
Jun 201012670.364.91$198
May 20103832471.124.24$27,341
Apr 201002681.694.12$107
Mar 201001378.394.39$57
Feb 201022373.585.44$272
Jan 20101937174.365.96$14,775
Dec 20095816271.445.48$41,847
Nov 200912974.593.75$183
Oct 20095388872.544.11$39,388
Sep 200923465.543.06$235
Aug 20093808467.423.22$25,890
Jul 200939021661.133.46$24,589
Jun 20093825866.163.90$25,499
May 200919424154.743.93$11,566
Apr 200936617346.773.59$17,738
Mar 200937814142.144.06$16,501
Feb 200938219032.814.63$13,414
Jan 200939019935.865.37$15,054
Dec 20083836537.105.98$14,598
Nov 200858018555.496.86$33,453
Oct 200818932575.246.92$16,470
Sep 2008379228101.767.88$40,363
Aug 2008767263114.228.48$89,838
Jul 2008188215131.0811.39$27,092
Jun 2008376232131.3313.03$52,404
May 2008569245123.1711.57$72,919
Apr 2008375238110.3110.45$43,855
Mar 2008578243101.909.66$61,247
Feb 200857423292.538.77$55,147
Jan 200858022290.388.21$54,242
Dec 200757721988.337.30$52,566
Nov 200774423191.677.29$69,887
Oct 200757635682.856.92$50,186
Sep 200709075.846.24$562
Aug 200735743969.066.39$27,459
Jul 200737246670.906.39$29,352
Jun 200752346462.007.55$35,928
May 200736553258.747.85$25,614
Apr 200736666259.617.81$26,984
Mar 200717770656.927.30$15,230
Feb 200717892155.108.22$17,375
Jan 200701,18450.306.73$7,965
Dec 20061831,16956.656.92$18,455
Nov 20061901,01054.207.62$17,992
Oct 20061791,07954.906.01$16,316
Sep 20063751,10760.085.04$28,106
Aug 200638191368.717.34$32,880
Jul 20063731,22369.376.34$33,632
Jun 200611,31666.286.38$8,467
May 200601,95466.016.42$12,554
Apr 20061923,44364.397.36$37,705
Mar 20065669,16356.707.08$96,993
Feb 20061,8101,26057.597.75$114,004
Jan 20062,7882,11360.598.93$187,801
Dec 20054,4502,53054.9413.42$278,424
Nov 20052,36696854.6910.59$139,646

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.

Dec 2010 — as filed, then multipliedworked
Oil                  132 bbl  × $ 85.73 =    $11,316
Casinghead gas         3 Mcf  × $  4.35 =        $13

────────────────────────────────────────────────────
Month total                                  $11,329

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/O/14652 is the state's own key, not one this site invented.