RANCHO SALADO

Operated by BURLINGTON RESOURCES O & G CO LP (P-5 109333) in the SUGARKANE (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 288572District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.1 M
Aug 2019 – May 2026
Value, last 12 filed months
$222 k
at the published price for each month
Months reported
82
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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2017-10-10.

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: GAS WELLS

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none
ST-1112021-05-10228719

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.

StreamBasisVolumeValue
CondensateDisposition143,591 bbl$8,913,715
GasProduction4,295,952 Mcf$15,167,147
Total$24,080,862

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 28.6860, -98.0437. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.68603, -98.04372 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,771 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
00.0%
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.
1100.0%

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 12,771 ft.

Completions filed
Aug 2019
1 of 1 wells

1 well

42-02533995212,771 ftAug 2019

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 (82)

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

82 months

May 20260871106.413.05$2,653
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202602859.138.00$224
Dec 202501,50056.664.41$6,620
Nov 2025018358.593.93$719
Oct 20251883,03359.383.30$21,187
Sep 2025010062.743.08$308
Aug 20250063.933.01$0
Jul 202526010,17966.743.32$51,098
Jun 202551933,32766.483.13$138,774
May 202548124,67660.553.23$108,885
Apr 202565936,61362.363.54$170,819
Mar 202571321,81467.704.27$141,379
Feb 202567721,25270.884.34$140,237
Jan 202591527,48074.324.28$185,581
Dec 202486623,69468.993.12$133,703
Nov 2024014,19169.052.20$31,198
Oct 202454715,96671.372.28$75,464
Sep 202436515,82869.612.36$62,831
Aug 202449414,36975.632.06$67,014
Jul 20241,00426,69179.932.15$137,544
Jun 202489026,72878.082.63$139,892
May 202489528,67878.812.20$133,582
Apr 20241,09230,82984.451.66$143,371
Mar 202490231,20580.301.55$120,646
Feb 202455612,46576.091.78$64,539
Jan 202491521,90373.023.30$139,042
Dec 202392429,19871.262.61$142,072
Nov 20231,11229,23177.892.81$168,681
Oct 202372025,76185.443.09$141,048
Sep 202351015,08689.042.74$86,671
Aug 20231,06630,90380.522.67$168,434
Jul 20231,15430,52874.852.64$167,026
Jun 20231,17329,90868.962.26$148,437
May 202391020,98270.622.23$111,000
Apr 20231,61336,00678.122.24$206,580
Mar 20232,71960,95972.852.39$343,964
Feb 202354514,73775.112.47$77,272
Jan 20231,45152,11776.533.39$287,603
Dec 20221,77968,10676.415.73$526,118
Nov 20221,73761,81885.005.65$496,682
Oct 20221,78474,90887.185.86$594,772
Sep 20221,80976,91584.888.16$781,457
Aug 20221,08040,46094.529.13$471,366
Jul 20222,07974,956101.587.54$776,509
Jun 20221,86872,269115.097.98$791,492
May 20222,28273,960109.378.43$873,290
Apr 20221,77569,311104.226.84$658,911
Mar 20222,30374,013108.885.08$626,470
Feb 20221,81463,84391.054.86$475,368
Jan 20222,35471,78881.844.54$518,402
Dec 20212,31064,86671.323.90$417,670
Nov 20211,95968,45377.435.24$510,163
Oct 20212,50177,37879.795.71$641,683
Sep 20212,33276,67269.865.35$573,179
Aug 20212,46680,64366.024.22$503,166
Jul 20212,47471,54570.783.98$460,008
Jun 20212,50268,20369.493.38$404,432
May 20212,10768,66563.483.02$340,961
Apr 20212,54269,73860.362.76$345,802
Mar 20212,66476,61361.302.72$371,456
Feb 20211,94864,43057.805.55$470,049
Jan 20212,94277,09550.412.81$364,964
Dec 20202,87286,67144.642.68$360,091
Nov 20202,82382,02938.772.71$331,465
Oct 20202,85484,51536.972.48$314,977
Sep 20203,05082,89137.091.99$278,164
Aug 20202,68381,24739.982.39$301,049
Jul 20202,57669,09738.371.83$224,951
Jun 20202,93888,52634.901.69$252,173
May 20204,129113,79016.921.81$276,363
Apr 20203,980121,60514.751.80$278,127
Mar 20204,536128,23230.341.86$375,650
Feb 20204,181128,16449.881.98$462,399
Jan 20204,968152,74657.252.09$604,381
Dec 20194,760136,31059.012.30$594,995
Nov 20196,046142,84255.302.75$727,259
Oct 20195,713133,37853.472.42$628,054
Sep 20196,484138,17855.052.66$724,122
Aug 201975220,06453.112.30$86,173

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  871 Mcf  × $  3.05 =     $2,653

────────────────────────────────────────────────────
Month total                                   $2,653

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/288572 is the state's own key, not one this site invented.