BLOCK 75 UNIT

Operated by SAGE ENERGY COMPANY (P-5 743215) in the CLAYTON (BLOCK 72 SD.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 182040District 02Field 18765037CondensateGasSaveExport
Value, all time
$4.9 M
Feb 2001 – Sep 2012
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
140
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1967-10-08
as the register files it
Field class
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 40 acres.

The Commission's schedule remark for this field reads: FIELD RULES EFF 4-1-79.

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
CondensateDisposition15,243 bbl$570,087
GasProduction873,872 Mcf$4,303,042
Total$4,873,130

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

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

42-2973390028,350 ftJul 2015Yes

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 (140)

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

140 months

Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 201299098.092.73$9,711
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 20110098.134.40$0
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 201006578.103.51$228
Sep 201006772.633.98$267
Aug 2010094173.684.42$4,159
Jul 201008972.554.74$422
Jun 201009570.364.91$466
May 2010011171.124.24$470
Apr 2010013281.694.12$544
Mar 2010013878.394.39$606
Feb 2010038073.585.44$2,068
Jan 201018272774.365.96$17,869
Dec 2009072671.445.48$3,981
Nov 2009097174.593.75$3,643
Oct 200901,13972.544.11$4,682
Sep 200901,91565.543.06$5,869
Aug 200902,55867.423.22$8,233
Jul 20091813,53861.133.46$23,322
Jun 200902,64966.163.90$10,318
May 20091813,40154.743.93$23,259
Apr 200943,74246.773.59$13,612
Mar 200902,68142.144.06$10,882
Feb 20091832,42132.814.63$17,221
Jan 200902,49935.865.37$13,422
Dec 200802,44337.105.98$14,602
Nov 200802,18455.496.86$14,983
Oct 200802,18775.246.92$15,138
Sep 20081741,882101.767.88$32,531
Aug 200802,220114.228.48$18,832
Jul 200801,701131.0811.39$19,373
Jun 200801,969131.3313.03$25,661
May 200802,972123.1711.57$34,399
Apr 20081822,805110.3110.45$49,402
Mar 200802,475101.909.66$23,919
Feb 200802,53592.538.77$22,233
Jan 20081833,04190.388.21$41,493
Dec 200701,78788.337.30$13,049
Nov 200702,16091.677.29$15,750
Oct 200702,41682.856.92$16,724
Sep 200701,79275.846.24$11,190
Aug 200702,26769.066.39$14,481
Jul 200701,97370.906.39$12,603
Jun 20071721,74762.007.55$23,851
May 200702,65858.747.85$20,855
Apr 200702,19459.617.81$17,125
Mar 200702,08556.927.30$15,225
Feb 200701,82655.108.22$15,002
Jan 20071802,76150.306.73$27,627
Dec 200603,18056.656.92$22,001
Nov 200603,01454.207.62$22,959
Oct 20061773,47054.906.01$30,585
Sep 200602,42660.085.04$12,220
Aug 200603,39168.717.34$24,890
Jul 20061784,49869.376.34$40,878
Jun 20061774,40466.286.38$39,846
May 200604,66266.016.42$29,953
Apr 20061724,68164.397.36$45,529
Mar 20061684,54556.707.08$41,717
Feb 200605,09757.597.75$39,507
Jan 20061754,07060.598.93$46,962
Dec 200503,72354.9413.42$49,946
Nov 20051823,43954.6910.59$46,367
Oct 20051794,37658.3413.80$70,813
Sep 200503,98661.4512.08$48,147
Aug 20051784,13561.519.80$51,459
Jul 20051644,68855.697.84$45,904
Jun 20051694,52952.337.38$42,273
May 200504,64345.226.65$30,881
Apr 20051654,21449.207.36$39,135
Mar 20051815,07950.377.15$45,457
Feb 200504,00445.226.31$25,273
Jan 20051834,79743.166.32$38,226
Dec 20041825,22839.866.75$42,549
Nov 20041835,19845.286.33$41,192
Oct 20041796,21349.706.52$49,375
Sep 20041806,33143.245.28$41,236
Aug 20041786,82042.375.55$45,397
Jul 20043626,81038.286.08$55,291
Jun 20041806,75336.106.43$49,940
May 20041817,63537.486.49$56,370
Apr 20041807,31934.475.86$49,083
Mar 20041847,79134.365.53$49,408
Feb 20041818,34032.455.51$51,824
Jan 20041688,23432.036.30$57,252
Dec 20031818,55830.266.30$59,407
Nov 20031809,16128.804.60$47,280
Oct 200317010,60628.174.76$55,270
Sep 200318211,16126.314.75$57,796
Aug 200318011,04729.765.13$62,025
Jul 200318011,36429.415.17$64,055
Jun 200317910,77828.565.98$69,597
May 200317412,18826.595.97$77,422
Apr 200317810,51026.675.41$61,578
Mar 200318110,89831.146.10$72,071
Feb 200318311,13933.487.93$94,413
Jan 200318413,00730.315.58$78,183
Dec 200218214,36026.914.85$74,598
Nov 200236312,77824.664.14$61,814
Oct 200217915,65826.464.23$70,956
Sep 200217815,29827.443.64$60,496
Aug 200217516,69325.963.16$57,362
Jul 200217918,20424.583.06$60,136
Jun 200235916,19123.733.34$62,569
May 200217818,69224.663.58$71,382
Apr 200236118,12123.653.51$72,184
Mar 200218218,58922.003.10$61,680
Feb 200236518,35818.222.38$50,263
Jan 200235220,49117.172.38$54,724
Dec 200118219,99016.932.36$50,346
Nov 200136620,90418.072.41$56,899
Oct 200136323,63119.782.53$66,940
Sep 200135626,00624.262.25$67,184
Aug 200117917,33224.873.05$57,369
Jul 200135931,00423.933.20$107,713
Jun 200135827,90024.563.82$115,487
May 200136229,09325.524.31$134,551
Apr 200136130,35524.685.34$170,863
Mar 200136326,93524.545.38$153,722
Feb 200128220,08427.755.77$123,652

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.

Jan 2012 — as filed, then multipliedworked
Condensate            99 bbl  × $ 98.09 =     $9,711
Gas                    0 Mcf  × $  2.73 =         $0

────────────────────────────────────────────────────
Month total                                   $9,711

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/182040 is the state's own key, not one this site invented.