CAGE RANCH

Operated by NEWFIELD EXPLORATION COMPANY (P-5 606617) in the SACATOSA (SAN MIGUEL #1 SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15007District 01Field 79451750OilSaveExport
Value, all time
$808 k
Sep 2008 – Nov 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
87
no gaps in the span
Streams
1
oil

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 63 leases and 1,914 wells, and the rule below applies to all of them.

Discovered
1956-12-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 1960-04-19.

The Commission's schedule remark for this field reads: #1-55525, AND 10-3-67 PER DKT. #1-57853.

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
OilDisposition10,275 bbl$807,851
Total$807,851

Wells on this lease (2)

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 28.5030, -100.2479. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

28.50296, -100.24795 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
2,170 ft
2 wells filed one
Completion to plug
5.9 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 2,166 and 2,173 ft, median 2,170 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2008 – Sep 2008
2 of 2 wells
Plug dates filed
Apr 2014 – Oct 2014
2 of 2 wells

Last completion to plug: a median of 5.9 years across the 2 wells that filed both dates, with the middle half between 5.8 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.

2 wells

42-32333097328H2,166 ftSep 2008Apr 2014Yes
42-32333098428H2,173 ftAug 2008Oct 2014Yes

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 (87)

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

87 months

Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 20145070.464.25$3,523
Oct 201413178.303.90$10,257
Sep 2014086.164.05$0
Aug 20147189.394.04$6,347
Jul 201413796.564.18$13,229
Jun 201417698.164.74$17,276
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 201416097.406.19$15,584
Jan 201417290.404.86$15,549
Dec 2013091.824.35$0
Nov 201316688.853.74$14,749
Oct 2013097.423.78$0
Sep 2013168104.113.72$17,490
Aug 2013167104.253.52$17,410
Jul 2013168102.523.72$17,223
Jun 201316894.403.93$15,859
May 2013094.834.15$0
Apr 201316893.964.28$15,785
Mar 2013093.623.91$0
Feb 201316891.233.42$15,327
Jan 201317091.603.42$15,572
Dec 201216986.773.42$14,664
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 201216894.672.92$15,905
Aug 201216792.662.91$15,474
Jul 201216885.133.02$14,302
Jun 201233479.822.52$26,660
May 201233691.612.49$30,781
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 201234098.092.73$33,351
Dec 2011096.873.24$0
Nov 201116995.723.31$16,177
Oct 201116884.983.65$14,277
Sep 201116883.623.99$14,048
Aug 201133583.404.15$27,939
Jul 2011094.144.52$0
Jun 201143492.904.64$40,319
May 201116798.134.40$16,388
Apr 2011336105.964.33$35,603
Mar 201116696.364.06$15,996
Feb 201116885.644.18$14,388
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 201033680.843.80$27,162
Oct 201051078.103.51$39,831
Sep 201016972.633.98$12,274
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 20108178.394.39$6,350
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 200910074.593.75$7,459
Oct 200917072.544.11$12,332
Sep 2009065.543.06$0
Aug 200933567.423.22$22,586
Jul 200938361.133.46$23,413
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 200949746.773.59$23,245
Mar 2009042.144.06$0
Feb 200929332.814.63$9,613
Jan 200928135.865.37$10,077
Dec 200841337.105.98$15,322
Nov 200850555.496.86$28,022
Oct 200816975.246.92$12,716
Sep 20080101.767.88$0

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.

Nov 2014 — as filed, then multipliedworked
Oil                   50 bbl  × $ 70.46 =     $3,523

────────────────────────────────────────────────────
Month total                                   $3,523

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/15007 is the state's own key, not one this site invented.