SANDERS FARM

Operated by ERNEST OPERATING COMPANY (P-5 253480) in the MINERVA-ROCKDALE field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7069District 01Field 61858001OilCasinghead gasSaveExport
Value, all time
$739 k
Jan 1993 – May 2026
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 407 leases and 3,336 wells, and the rule below applies to all of them.

Discovered
1921-02-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
100 ft
minimum

A drilling unit in this field needs at least 1 acres. The field rule took effect on 2013-07-09.

The Commission's schedule remark for this field reads: AND DENSITY WHICH INCLUDES 1 ACRE OPTIONS WITH A 320 FT. DIAGONAL.

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
OilDisposition22,707 bbl$738,213
Casinghead gasProduction175 Mcf$611
Total$738,823

48 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (9)

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 30.6853, -96.9959. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

30.68439, -96.99552 · 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
88.9%
8 of 9 wells
With a plug date
88.9%
8 of 9 wells
Median depth
1,347 ft
9 wells filed one
Completion to plug
17.0 years
median over 8 wells

What the state filed about each well

On the RRC proration schedule
888.9%
A plug date is filed
888.9%
BothOn the schedule and plugged. Neither fact cancels the other.
888.9%
NeitherNo plug date, and not on the schedule.
111.1%

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

Total depth in feet, 9 of 9 wells. Median 1,347 ft, with the middle half between 1,340 and 1,400 ft; the shallowest is 1,290 ft and the deepest 1,610 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 9 of 9 wells, Jan 1981 – Sep 1982. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 1981 – Sep 1982
9 of 9 wells
Plug dates filed
Jan 1998 – Aug 2009
8 of 9 wells; 1 filed none

Last completion to plug: a median of 17.0 years across the 8 wells that filed both dates, with the middle half between 16.1 years and 18.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

9 wells

42-3313145691,340 ftSep 1982Jan 1998Yes
42-3313134571,362 ftMay 1982Jan 1998Yes
42-3313134481,342 ftMay 1982Aug 2009Yes
42-3313100161,400 ftOct 1981Jan 1998Yes
42-3313100251,347 ftAug 1981Oct 2002Yes
42-3313094841,467 ftJan 1981Jan 1998Yes
42-3313094731,610 ftJan 1981
42-3313094511,290 ftJan 1981Jan 1998Yes
42-3313094621,298 ftJan 1981Jan 1998Yes

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 (401)

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

401 months

May 202650106.413.05$532
Apr 2026159098.932.87$15,730
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024178069.052.20$12,291
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023174080.522.67$14,010
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022176085.005.65$14,960
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019173058.482.74$10,117
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20191046.033.23$46
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018170060.183.08$10,231
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 2017173055.423.12$9,588
Oct 20170049.292.98$0
Sep 20171047.523.09$48
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20171045.373.26$45
Apr 2017168047.933.21$8,052
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
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 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015132040.162.87$5,301
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014131054.693.59$7,164
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 2014152089.394.04$13,587
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014172097.406.19$16,753
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20131760104.113.72$18,323
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013158094.403.93$14,915
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012188086.953.62$16,347
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 2012148085.133.02$12,599
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20121680101.652.00$17,077
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012140098.092.73$13,733
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 2011162098.134.40$15,897
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010161072.633.98$11,693
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010166071.124.24$11,806
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 2009175074.593.75$13,053
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009167067.423.22$11,259
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200922042.144.06$927
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 2007173091.677.29$15,859
Oct 20070082.856.92$0
Sep 20070175.846.24$6
Aug 20070169.066.39$6
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070158.747.85$8
Apr 20070159.617.81$8
Mar 20070156.927.30$7
Feb 2007153155.108.22$8,439
Jan 2007150150.306.73$7,552
Dec 20060156.656.92$7
Nov 2006184154.207.62$9,980
Oct 20060154.906.01$6
Sep 20060160.085.04$5
Aug 20060168.717.34$7
Jul 2006154169.376.34$10,689
Jun 20060166.286.38$6
May 2006132166.016.42$8,720
Apr 20060164.397.36$7
Mar 2006162156.707.08$9,192
Feb 20060157.597.75$8
Jan 20060160.598.93$9
Dec 2005144154.9413.42$7,925
Nov 2005159154.6910.59$8,706
Oct 20050158.3413.80$14
Sep 20050161.4512.08$12
Aug 2005143161.519.80$8,806
Jul 20050155.697.84$8
Jun 20050152.337.38$7
May 20050145.226.65$7
Apr 20050149.207.36$7
Mar 2005185150.377.15$9,326
Feb 20050145.226.31$6
Jan 2005191143.166.32$8,250
Dec 20040139.866.75$7
Nov 2004166145.286.33$7,523
Oct 20040149.706.52$7
Sep 20040143.245.28$5
Aug 20040142.375.55$6
Jul 20040138.286.08$6
Jun 20040136.106.43$6
May 2004192137.486.49$7,203
Apr 20040134.475.86$6
Mar 2004155134.365.53$5,331
Feb 20040132.455.51$6
Jan 20040132.036.30$6
Dec 20030130.266.30$6
Nov 20030128.804.60$5
Oct 20030128.174.76$5
Sep 2003155126.314.75$4,083
Aug 20030129.765.13$5
Jul 2003290129.415.17$8,534
Jun 20030128.565.98$6
May 2003154126.595.97$4,101
Apr 20030126.675.41$5
Mar 20030131.146.10$6
Feb 20030133.487.93$8
Jan 2003141130.315.58$4,279
Dec 20020126.914.85$5
Nov 2002150124.664.14$3,703
Oct 20020126.464.23$4
Sep 2002161127.443.64$4,421
Aug 20020125.963.16$3
Jul 2002286124.583.06$7,033
Jun 20020123.733.34$3
May 2002156124.663.58$3,851
Apr 20020123.653.51$4
Mar 20020122.003.10$3
Feb 20020118.222.38$2
Jan 2002301117.172.38$5,171
Dec 20010116.932.36$2
Nov 2001165118.072.41$2,984
Oct 20010119.782.53$3
Sep 20010124.262.25$2
Aug 20010124.873.05$3
Jul 2001298123.933.20$7,134
Jun 20010124.563.82$4
May 20010125.524.31$4
Apr 2001144124.685.34$3,559
Mar 2001334124.545.38$8,202
Feb 20010127.755.77$6
Jan 20010127.478.40$8
Dec 2000158126.889.12$4,256
Nov 20000132.215.66$6
Oct 20000131.235.15$5
Sep 2000298131.875.19$9,502
Aug 20000129.644.54$5
Jul 20000128.534.09$4
Jun 2000343129.304.40$10,054
May 200088127.263.68$2,403
Apr 2000154124.513.12$3,778
Mar 2000162128.422.86$4,607
Feb 2000146127.622.73$4,035
Jan 20000125.272.48$2
Dec 19990124.282.42$2
Nov 1999308123.192.43$7,145
Oct 1999142120.982.80$2,982
Sep 19990121.752.62$3
Aug 1999152119.262.88$2,930
Jul 1999148117.892.37$2,650
Jun 1999150115.942.36$2,393
May 1999156115.792.32$2,466
Apr 1999293115.102.21$4,427
Mar 1999177112.471.84$2,209
Feb 1999019.981.82$2
Jan 1999144110.381.90$1,497
Dec 199817419.201.77$1,603
Nov 1998139110.892.19$1,516
Oct 1998163112.421.97$2,026
Sep 1998162112.592.08$2,042
Aug 1998160111.301.91$1,810
Jul 1998304111.742.24$3,571
Jun 19980111.242.24$2
May 1998309112.622.21$3,902
Apr 19980113.042.51$3
Mar 1998276112.802.31$3,535
Feb 1998155113.952.30$2,165
Jan 1998172114.702.15$2,531
Dec 1997150116.322.41$2,450
Nov 19970118.193.09$3
Oct 19970119.253.15$3
Sep 19970117.742.95$3
Aug 1997150117.862.55$2,682
Jul 1997113117.582.25$1,989
Jun 1997311117.242.26$5,364
May 19970118.972.31$2
Apr 19970117.882.08$2
Mar 1997337118.951.94$6,388
Feb 1997156120.492.21$3,199
Jan 1997156123.483.54$3,666
Dec 1996156123.32$3,638
Nov 19960121.97$0
Oct 19960123.31$0
Sep 1996278122.22$6,177
Aug 19960120.26$0
Jul 1996292119.55$5,709
Jun 19960118.73$0
May 1996147119.43$2,856
Apr 1996173121.51$3,721
Mar 1996120119.38$2,326
Feb 1996281116.98$4,771
Jan 1996155117.07$2,646
Dec 19950117.19$0
Nov 1995340116.00$5,440
Oct 19950115.43$0
Sep 1995181116.18$2,929
Aug 1995166115.92$2,643
Jul 1995147115.24$2,240
Jun 1995163116.41$2,675
May 1995147117.56$2,581
Apr 1995142117.73$2,518
Mar 1995335116.44$5,507
Feb 19950116.58$0
Jan 1995291115.92$4,633
Dec 19940115.03$0
Nov 1994153115.90$2,433
Oct 19940115.58$0
Sep 1994181115.29$2,767
Aug 1994268116.13$4,323
Jul 1994120117.56$2,107
Jun 1994146117.09$2,495
May 1994347115.88$5,510
Apr 19940114.14$0
Mar 1994265112.46$3,302
Feb 19940112.50$0
Jan 1994265112.66$3,355
Dec 19930112.33$0
Nov 1993288114.49$4,173
Oct 19930115.85$0
Sep 19930115.03$0
Aug 1993159115.66$2,490
Jul 1993121115.46$1,871
Jun 1993310116.79$5,205
May 1993327117.68$5,781
Apr 19930118.05$0
Mar 1993400118.14$7,256
Feb 1993159117.90$2,846
Jan 1993303116.93$5,130

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.

May 2026 — as filed, then multipliedworked
Oil                    5 bbl  × $106.41 =       $532
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                     $532

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/7069 is the state's own key, not one this site invented.