SAPPINGTON FARMS

Operated by ALLEGRO INVESTMENTS, INC. (P-5 13305) in the EL TORO, SOUTH (6200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 182038District 02Field 28207625CondensateGasSaveExport
Value, all time
$941 k
Jul 2000 – Dec 2004
Value, last 12 filed months
$895
at the published price for each month
Months reported
54
no gaps in the span
Streams
2
condensate, 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1960-02-15
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition1,612 bbl$39,679
GasProduction225,226 Mcf$901,816
Total$941,495

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 28.8626, -96.6496. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.86260, -96.64965 · 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
6,800 ft
1 wells filed one
Completion to plug
4.0 years
median over 1 well

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 6,800 ft.

Completions filed
Jul 2000
1 of 1 wells
Plug dates filed
Jul 2004
1 of 1 wells

Last completion to plug: a median of 4.0 years across the 1 well that filed both dates, with the middle half between 4.0 years and 4.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2393306716,800 ftJul 2000Jul 2004Yes

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 (54)

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

54 months

Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 200418049.706.52$895
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 2003064528.174.76$3,070
Sep 200303,46826.314.75$16,471
Aug 200304,78229.765.13$24,530
Jul 200304,02329.415.17$20,802
Jun 200301,97228.565.98$11,798
May 200303,90026.595.97$23,293
Apr 2003981,54326.675.41$10,957
Mar 200302,89531.146.10$17,648
Feb 200307,17133.487.93$56,836
Jan 20031718,06330.315.58$50,191
Dec 200209,64426.914.85$46,810
Nov 20021729,02124.664.14$41,561
Oct 200209,02726.464.23$38,176
Sep 20021798,54827.443.64$35,985
Aug 200208,28425.963.16$26,212
Jul 200208,57724.583.06$26,261
Jun 20021418,13223.733.34$30,493
May 200208,83224.663.58$31,654
Apr 20021698,32923.653.51$33,251
Mar 200206,93822.003.10$21,527
Feb 200206,83018.222.38$16,226
Jan 20021727,86517.172.38$21,638
Dec 200107,91816.932.36$18,721
Nov 200107,29918.072.41$17,558
Oct 20011608,34019.782.53$24,256
Sep 200107,71924.262.25$17,378
Aug 20011538,27624.873.05$29,073
Jul 200108,47823.933.20$27,105
Jun 200107,86524.563.82$30,077
May 20011798,29825.524.31$40,310
Apr 200106,55224.685.34$34,957
Mar 200106,21824.545.38$33,431
Feb 200105,42727.755.77$31,298
Jan 200103,07927.478.40$25,860
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 200001,26828.534.09$5,186

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.

Oct 2004 — as filed, then multipliedworked
Condensate            18 bbl  × $ 49.70 =       $895
Gas                    0 Mcf  × $  6.52 =         $0

────────────────────────────────────────────────────
Month total                                     $895

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/182038 is the state's own key, not one this site invented.