BLOCK 75 UNIT

Name: BLOCK 75 UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SAGE ENERGY COMPANY (P-5 743215) in the CLAYTON (BLOCK 86 SD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 133093District 02Field 18765077CondensateGasSave Export

Value, all time

$594 k

Jan 1993 – Mar 2000

Value, last 12 filed months

$83 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The CLAYTON (BLOCK 86 SD) 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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered

1974-01-21

as the register files it

Field class

Gas

the register's own label

Between wells

2,640 ft

minimum

From a lease line

933 ft

minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: “RETURNED TO 100% ALLOCATION FORMULA 11/1/93”

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
Condensate	Disposition	7,782 bbl	$127,729
Gas	Production	755,452 Mcf	$466,711
Total			$594,440

559,360 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 (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 28.3219, -98.3041. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.32193, -98.30414 · 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%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

8,350 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 8,350 ft.

Completions filed

Jul 2015

1 of 1 wells

1 well


42-29733900	2	8,350 ft	Jul 2015	—	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 (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


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	176	0	24.28	2.42	$4,273
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	193	7,173	20.98	2.80	$24,160
Sep 1999	0	4,270	21.75	2.62	$11,182
Aug 1999	0	4,464	19.26	2.88	$12,837
Jul 1999	0	3,446	17.89	2.37	$8,175
Jun 1999	0	1,376	15.94	2.36	$3,250
May 1999	182	3,070	15.79	2.32	$9,999
Apr 1999	0	3,951	15.10	2.21	$8,724
Mar 1999	183	2,907	12.47	1.84	$7,626
Feb 1999	0	3,265	9.98	1.82	$5,935
Jan 1999	0	4,431	10.38	1.90	$8,419
Dec 1998	0	4,774	9.20	1.77	$8,466
Nov 1998	174	4,604	10.89	2.19	$11,958
Oct 1998	0	4,017	12.42	1.97	$7,910
Sep 1998	172	4,135	12.59	2.08	$10,777
Aug 1998	0	4,500	11.30	1.91	$8,583
Jul 1998	0	4,756	11.74	2.24	$10,640
Jun 1998	177	4,975	11.24	2.24	$13,120
May 1998	0	4,863	12.62	2.21	$10,729
Apr 1998	182	5,517	13.04	2.51	$16,195
Mar 1998	184	6,128	12.80	2.31	$16,507
Feb 1998	1	5,043	13.95	2.30	$11,608
Jan 1998	179	3,535	14.70	2.15	$10,248
Dec 1997	181	5,666	16.32	2.41	$16,615
Nov 1997	0	6,242	18.19	3.09	$19,277
Oct 1997	1	6,441	19.25	3.15	$20,307
Sep 1997	178	7,484	17.74	2.95	$25,272
Aug 1997	1	11,296	17.86	2.55	$28,876
Jul 1997	2	11,421	17.58	2.25	$25,697
Jun 1997	181	10,411	17.24	2.26	$26,620
May 1997	0	8,389	18.97	2.31	$19,366
Apr 1997	183	8,457	17.88	2.08	$20,886
Mar 1997	0	9,333	18.95	1.94	$18,098
Feb 1997	0	8,928	20.49	2.21	$19,694
Jan 1997	179	6,824	23.48	3.54	$28,358
Dec 1996	0	7,463	23.32	—	$0
Nov 1996	180	9,512	21.97	—	$3,955
Oct 1996	0	8,732	23.31	—	$0
Sep 1996	178	9,409	22.22	—	$3,955
Aug 1996	0	8,808	20.26	—	$0
Jul 1996	0	12,193	19.55	—	$0
Jun 1996	188	14,616	18.73	—	$3,521
May 1996	0	14,697	19.43	—	$0
Apr 1996	182	12,286	21.51	—	$3,915
Mar 1996	0	12,365	19.38	—	$0
Feb 1996	180	9,573	16.98	—	$3,056
Jan 1996	1	9,944	17.07	—	$17
Dec 1995	185	9,936	17.19	—	$3,180
Nov 1995	0	8,841	16.00	—	$0
Oct 1995	180	10,049	15.43	—	$2,777
Sep 1995	1	10,216	16.18	—	$16
Aug 1995	179	9,619	15.92	—	$2,850
Jul 1995	0	9,666	15.24	—	$0
Jun 1995	0	8,924	16.41	—	$0
May 1995	179	9,922	17.56	—	$3,143
Apr 1995	0	8,953	17.73	—	$0
Mar 1995	180	9,542	16.44	—	$2,959
Feb 1995	1	10,971	16.58	—	$17
Jan 1995	185	9,069	15.92	—	$2,945
Dec 1994	1	10,790	15.03	—	$15
Nov 1994	183	6,380	15.90	—	$2,910
Oct 1994	0	11,511	15.58	—	$0
Sep 1994	179	14,831	15.29	—	$2,737
Aug 1994	0	18,215	16.13	—	$0
Jul 1994	181	16,680	17.56	—	$3,178
Jun 1994	179	16,579	17.09	—	$3,059
May 1994	179	17,303	15.88	—	$2,843
Apr 1994	180	21,430	14.14	—	$2,545
Mar 1994	2	21,448	12.46	—	$25
Feb 1994	183	18,683	12.50	—	$2,288
Jan 1994	183	19,447	12.66	—	$2,317
Dec 1993	365	18,879	12.33	—	$4,500
Nov 1993	0	18,667	14.49	—	$0
Oct 1993	181	16,578	15.85	—	$2,869
Sep 1993	174	2,683	15.03	—	$2,615
Aug 1993	0	4,678	15.66	—	$0
Jul 1993	0	7,297	15.46	—	$0
Jun 1993	177	8,566	16.79	—	$2,972
May 1993	180	8,786	17.68	—	$3,182
Apr 1993	180	12,199	18.05	—	$3,249
Mar 1993	185	6,789	18.14	—	$3,356
Feb 1993	0	7,674	17.90	—	$0
Jan 1993	182	7,961	16.93	—	$3,081

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 1999 — as filed, then multipliedworked

Condensate           176 bbl  × $ 24.28 =     $4,273
Gas                    0 Mcf  × $  2.42 =         $0

────────────────────────────────────────────────────
Month total                                   $4,273

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. 02/G/133093 is the state's own key, not one this site invented.