SIBLEY

Operated by INLAND OCEAN, INC. (P-5 424607) in the SALEM, EAST (2400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 254598District 02Field 79783250GasSaveExport
Value, all time
$2.0 M
Sep 2009 – Feb 2020
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
126
no gaps in the span
Streams
1
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1948-11-22
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

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 06/01/2007.

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
GasProduction547,511 Mcf$2,003,843
Total$2,003,843

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 29.0170, -96.8148. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.01696, -96.81476 · 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
4,610 ft
1 wells filed one
Completion to plug
10.4 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 4,610 ft.

Completions filed
Sep 2009
1 of 1 wells
Plug dates filed
Feb 2020
1 of 1 wells

Last completion to plug: a median of 10.4 years across the 1 well that filed both dates, with the middle half between 10.4 years and 10.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2393350414,610 ftSep 2009Feb 2020Yes

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 (126)

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

126 months

Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 20191,31755.302.75$3,623
Oct 20191,46553.472.42$3,543
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 20191,00258.482.74$2,746
Apr 20191,01662.632.75$2,795
Mar 20191,30656.803.06$3,999
Feb 20191,05950.852.79$2,957
Jan 20191,75846.033.23$5,675
Dec 20181,88046.594.19$7,869
Nov 20181,19152.934.24$5,047
Oct 20181,61061.443.40$5,471
Sep 20181,85459.543.11$5,762
Aug 20181,94859.403.07$5,974
Jul 20182,00465.142.93$5,875
Jun 20181,84860.183.08$5,686
May 20182,40965.382.90$6,988
Apr 201831663.842.90$917
Mar 201811261.222.79$312
Feb 2018661.782.77$17
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 201794949.292.98$2,832
Sep 20171,37447.523.09$4,242
Aug 201776245.373.00$2,289
Jul 20171,93143.873.09$5,962
Jun 20172,08742.493.09$6,443
May 20172,26345.373.26$7,385
Apr 20171,68947.933.21$5,424
Mar 20172,21946.772.98$6,621
Feb 20172,12250.452.95$6,265
Jan 20171,67949.413.42$5,740
Dec 20162,10948.763.72$7,851
Nov 20162,91842.492.64$7,716
Oct 20162,67746.193.09$8,273
Sep 20162,52741.553.10$7,835
Aug 20162,62541.442.92$7,676
Jul 20162,96841.622.92$8,679
Jun 20162,42945.352.69$6,524
May 20162,78342.521.99$5,541
Apr 20163,23936.561.99$6,449
Mar 20163,56133.011.79$6,388
Feb 20163,88726.472.06$8,021
Jan 20164,38527.352.36$10,368
Dec 20153,63132.362.00$7,267
Nov 20153,88638.792.17$8,422
Oct 20153,73143.552.43$9,054
Sep 20153,49342.992.76$9,635
Aug 20153,99940.162.87$11,487
Jul 20155,94648.152.95$17,511
Jun 20155,71856.152.88$16,484
May 20156,00055.212.96$17,733
Apr 20156,93349.822.71$18,765
Mar 2015042.892.93$0
Feb 20154,39544.662.98$13,080
Jan 20156,62543.433.10$20,542
Dec 20146,95454.693.59$24,974
Nov 20146,50070.464.25$27,637
Oct 20146,91678.303.90$26,979
Sep 20147,38786.164.05$29,884
Aug 20147,04789.394.04$28,435
Jul 20146,45596.564.18$26,979
Jun 20146,47298.164.74$30,657
May 20146,13294.734.73$28,983
Apr 20146,23595.944.81$29,985
Mar 20146,20695.895.06$31,383
Feb 20146,62097.406.19$40,991
Jan 20146,06790.404.86$29,490
Dec 20136,07691.824.35$26,458
Nov 20137,19788.853.74$26,904
Oct 20136,55397.423.78$24,766
Sep 20135,490104.113.72$20,410
Aug 20135,887104.253.52$20,738
Jul 20137,344102.523.72$27,303
Jun 20135,48994.403.93$21,590
May 20138,45794.834.15$35,089
Apr 20137,03693.964.28$30,132
Mar 20136,62293.623.91$25,911
Feb 20136,62991.233.42$22,671
Jan 20136,64591.603.42$22,725
Dec 20127,27486.773.42$24,878
Nov 20127,74786.953.62$28,083
Oct 20127,39089.383.40$25,124
Sep 20127,17094.672.92$20,925
Aug 20128,69092.662.91$25,272
Jul 20128,65385.133.02$26,139
Jun 20127,31379.822.52$18,422
May 20127,31391.612.49$18,197
Apr 20126,072101.652.00$12,125
Mar 20126,016105.052.22$13,368
Feb 20125,699101.102.57$14,648
Jan 20127,64998.092.73$20,913
Dec 20116,49296.873.24$21,032
Nov 20116,02995.723.31$19,964
Oct 20116,85884.983.65$25,022
Sep 20116,01483.623.99$23,971
Aug 20116,34183.404.15$26,311
Jul 20116,17194.144.52$27,876
Jun 20116,12392.904.64$28,410
May 20116,83298.134.40$30,094
Apr 20116,811105.964.33$29,514
Mar 20116,53896.364.06$26,527
Feb 20116,29685.644.18$26,317
Jan 20117,12186.504.59$32,677
Dec 20107,36385.734.35$32,012
Nov 20107,78480.843.80$29,543
Oct 20107,87178.103.51$27,618
Sep 20107,53372.633.98$29,977
Aug 20104,81173.684.42$21,262
Jul 201021672.554.74$1,023
Jun 20104,37470.364.91$21,478
May 20104,98471.124.24$21,108
Apr 20107,42581.694.12$30,611
Mar 20108,93078.394.39$39,191
Feb 20106,68273.585.44$36,366
Jan 20106,81774.365.96$40,657
Dec 20094,57871.445.48$25,105
Nov 20094,91774.593.75$18,446
Oct 20096,29172.544.11$25,858
Sep 20092,26665.543.06$6,945

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.

Nov 2019 — as filed, then multipliedworked
Gas                1,317 Mcf  × $  2.75 =     $3,623

────────────────────────────────────────────────────
Month total                                   $3,623

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/254598 is the state's own key, not one this site invented.