SLOAN

Name: SLOAN lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LUCAS ENERGY, INC. (P-5 511924) in the PEACH CREEK (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8135District 01Field 69882500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$969 k

Jan 1993 – Oct 2014

Value, last 12 filed months

at the published price for each month

Months reported

262

no gaps in the span

Streams

oil, casinghead gas

The PEACH CREEK (AUSTIN CHALK) field

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 331 leases and 382 wells, and the rule below applies to all of them.

Discovered

1980-01-07

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1981-09-14.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “OPTIONAL 80 ACRE UNITS; 350 FT. DIAG.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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.

Stream	Basis	Volume	Value
Oil	Disposition	50,154 bbl	$968,901
Casinghead gas	Production	73 Mcf	$59
Total			$968,960

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 (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 29.5114, -97.3945. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

29.51138, -97.39446 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

8,129 ft

2 wells filed one

Completion to plug

22.7 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 8,122 and 8,135 ft, median 8,129 ft, over the 2 wells that filed a depth.

Completions filed

Aug 1982 – Sep 1999

2 of 2 wells

Plug dates filed

May 2013 – Mar 2014

2 of 2 wells

Last completion to plug: a median of 22.7 years across the 2 wells that filed both dates, with the middle half between 18.2 years and 27.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-17731194	1	8,135 ft	Sep 1999	May 2013	Yes
42-17731189	2	8,122 ft	Aug 1982	Mar 2014	Yes

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 (262)

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

262 months


Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	148	0	123.17	11.57	$18,229
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	175	0	75.84	6.24	$13,272
Aug 2007	161	0	69.06	6.39	$11,119
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	181	0	62.00	7.55	$11,222
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	76	0	55.10	8.22	$4,188
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	113	0	56.65	6.92	$6,401
Nov 2006	187	0	54.20	7.62	$10,135
Oct 2006	616	0	54.90	6.01	$33,818
Sep 2006	538	0	60.08	5.04	$32,323
Aug 2006	181	0	68.71	7.34	$12,437
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	1	0	32.21	5.66	$32
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	4	0	19.26	2.88	$77
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	138	0	15.10	2.21	$2,084
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	1	10.38	1.90	$2
Dec 1998	0	1	9.20	1.77	$2
Nov 1998	0	1	10.89	2.19	$2
Oct 1998	0	1	12.42	1.97	$2
Sep 1998	0	1	12.59	2.08	$2
Aug 1998	148	1	11.30	1.91	$1,674
Jul 1998	174	1	11.74	2.24	$2,045
Jun 1998	173	1	11.24	2.24	$1,947
May 1998	352	1	12.62	2.21	$4,444
Apr 1998	171	1	13.04	2.51	$2,232
Mar 1998	687	1	12.80	2.31	$8,796
Feb 1998	0	1	13.95	2.30	$2
Jan 1998	171	1	14.70	2.15	$2,516
Dec 1997	170	1	16.32	2.41	$2,777
Nov 1997	347	1	18.19	3.09	$6,315
Oct 1997	339	1	19.25	3.15	$6,529
Sep 1997	167	1	17.74	2.95	$2,966
Aug 1997	604	1	17.86	2.55	$10,790
Jul 1997	1,204	1	17.58	2.25	$21,169
Jun 1997	342	1	17.24	2.26	$5,898
May 1997	1,058	1	18.97	2.31	$20,073
Apr 1997	1,223	1	17.88	2.08	$21,869
Mar 1997	700	1	18.95	1.94	$13,267
Feb 1997	1,036	1	20.49	2.21	$21,230
Jan 1997	1,046	1	23.48	3.54	$24,564
Dec 1996	617	1	23.32	—	$14,388
Nov 1996	349	1	21.97	—	$7,668
Oct 1996	674	1	23.31	—	$15,711
Sep 1996	841	1	22.22	—	$18,687
Aug 1996	841	1	20.26	—	$17,039
Jul 1996	1,015	1	19.55	—	$19,843
Jun 1996	841	1	18.73	—	$15,752
May 1996	852	1	19.43	—	$16,554
Apr 1996	1,124	1	21.51	—	$24,177
Mar 1996	168	1	19.38	—	$3,256
Feb 1996	350	1	16.98	—	$5,943
Jan 1996	460	1	17.07	—	$7,852
Dec 1995	671	1	17.19	—	$11,534
Nov 1995	684	1	16.00	—	$10,944
Oct 1995	790	1	15.43	—	$12,190
Sep 1995	510	1	16.18	—	$8,252
Aug 1995	679	1	15.92	—	$10,810
Jul 1995	687	1	15.24	—	$10,470
Jun 1995	631	1	16.41	—	$10,355
May 1995	681	1	17.56	—	$11,958
Apr 1995	687	1	17.73	—	$12,181
Mar 1995	694	1	16.44	—	$11,409
Feb 1995	699	1	16.58	—	$11,589
Jan 1995	345	1	15.92	—	$5,492
Dec 1994	871	1	15.03	—	$13,091
Nov 1994	519	1	15.90	—	$8,252
Oct 1994	693	1	15.58	—	$10,797
Sep 1994	700	1	15.29	—	$10,703
Aug 1994	523	1	16.13	—	$8,436
Jul 1994	866	1	17.56	—	$15,207
Jun 1994	862	1	17.09	—	$14,732
May 1994	1,026	1	15.88	—	$16,293
Apr 1994	861	1	14.14	—	$12,175
Mar 1994	1,046	1	12.46	—	$13,033
Feb 1994	877	1	12.50	—	$10,963
Jan 1994	868	1	12.66	—	$10,989
Dec 1993	1,047	1	12.33	—	$12,910
Nov 1993	1,218	1	14.49	—	$17,649
Oct 1993	820	1	15.85	—	$12,997
Sep 1993	641	1	15.03	—	$9,634
Aug 1993	842	1	15.66	—	$13,186
Jul 1993	1,193	1	15.46	—	$18,444
Jun 1993	828	1	16.79	—	$13,902
May 1993	1,028	1	17.68	—	$18,175
Apr 1993	1,035	1	18.05	—	$18,682
Mar 1993	1,557	1	18.14	—	$28,244
Feb 1993	1,010	1	17.90	—	$18,079
Jan 1993	702	1	16.93	—	$11,885

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 2008 — as filed, then multipliedworked

Oil                  148 bbl  × $123.17 =    $18,229
Casinghead gas         0 Mcf  × $ 11.57 =         $0

────────────────────────────────────────────────────
Month total                                  $18,229

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/8135 is the state's own key, not one this site invented.