HIGHLANDER GAS UNIT 4

Operated by SANCHEZ OIL & GAS CORPORATION (P-5 747012) in the DE ZAVALA (YEGUA 11560) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 197383District 03Field 23728495CondensateGasSave
Value, all time
$32.6 M
Jul 2003 – Nov 2007
Value, last 12 filed months
$359 k
at the published price for each month
Months reported
53
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition55,599 bbl$2,266,622
GasProduction4,585,551 Mcf$30,311,714
Total$32,578,336

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 29.8087, -95.0404. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.80875, -95.04042 · 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
13,058 ft
1 wells filed one
Completion to plug
13 months
median over 1 wells

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 13,058 ft.

Completions filed
Nov 2007
1 of 1 wells
Plug dates filed
Dec 2008
1 of 1 wells

Last completion to plug: a median of 13 months across the 1 well that filed both dates, with the middle half between 13 months and 13 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20132652113,058 ftNov 2007Dec 2008Yes

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 (53)

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

53 months

Nov 2007137091.677.29$12,559
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007050562.007.55$3,812
May 200725,52058.747.85$43,429
Apr 200717,24959.617.81$56,640
Mar 20071897,89956.927.30$68,436
Feb 200716,62355.108.22$54,470
Jan 200747,22150.306.73$48,776
Dec 20061598,90656.656.92$70,623
Nov 200639,51754.207.62$72,658
Oct 200616210,63454.906.01$72,845
Sep 2006411,61360.085.04$58,737
Aug 200618912,33868.717.34$103,546
Jul 2006211,06769.376.34$70,334
Jun 200618316,16466.286.38$115,318
May 200617724,70366.016.42$170,401
Apr 200634246,36364.397.36$363,275
Mar 200652548,74256.707.08$375,003
Feb 200655154,32557.597.75$452,812
Jan 200672479,82960.598.93$757,005
Dec 200595989,03454.9413.42$1,247,114
Nov 200592992,60654.6910.59$1,031,356
Oct 20051,06597,14058.3413.80$1,402,252
Sep 200570766,40661.4512.08$845,563
Aug 20051,411112,28861.519.80$1,186,858
Jul 20051,431113,02355.697.84$966,204
Jun 20051,463118,89852.337.38$954,150
May 20051,490106,10245.226.65$773,079
Apr 20051,622118,70149.207.36$953,499
Mar 20051,807127,87950.377.15$1,005,977
Feb 20051,845117,44245.226.31$824,715
Jan 20051,843126,85643.166.32$881,553
Dec 20041,967119,13739.866.75$882,708
Nov 20041,458103,69245.286.33$722,432
Oct 20041,648111,05249.706.52$805,420
Sep 20041,43391,82343.245.28$547,146
Aug 20041,18482,23842.375.55$506,641
Jul 200473450,85838.286.08$337,527
Jun 20040036.106.43$0
May 200436913,47137.486.49$101,319
Apr 20041,880152,16734.475.86$956,268
Mar 20043,606316,17234.365.53$1,872,378
Feb 20043,463284,78832.455.51$1,681,448
Jan 20043,793316,38032.036.30$2,114,570
Dec 20033,578319,27630.266.30$2,120,233
Nov 20033,676305,25528.804.60$1,508,564
Oct 20033,711314,96728.174.76$1,603,668
Sep 20032,631260,45326.314.75$1,306,207
Aug 200354185,39429.765.13$454,147
Jul 200302,83529.415.17$14,659

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 2007 — as filed, then multipliedworked
Condensate           137 bbl  × $ 91.67 =    $12,559
Gas                    0 Mcf  × $  7.29 =         $0

────────────────────────────────────────────────────
Month total                                  $12,559

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. 03/G/197383 is the state's own key, not one this site invented.