PALINEK GAS UNIT

Operated by SANDRIDGE ONSHORE, LLC (P-5 748007) in the MARY MACHA (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 206418District 03Field 579599002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Aug 2004 – Mar 2011
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
80
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
2004-08-31
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 field rule took effect on 2004-11-04.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 10/01/2005.

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
High Cost Gas112005-07-22162113
NGPA1none

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
CondensateDisposition416 bbl$28,032
GasProduction147,420 Mcf$1,059,754
Total$1,087,786

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 29.4014, -96.1255. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.40141, -96.12545 · 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
16,590 ft
1 wells filed one
Completion to plug
6.2 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 16,590 ft.

Completions filed
Jan 2005
1 of 1 wells
Plug dates filed
Mar 2011
1 of 1 wells

Last completion to plug: a median of 6.2 years across the 1 well that filed both dates, with the middle half between 6.2 years and 6.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48134642116,590 ftJan 2005Mar 2011Yes

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 (80)

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

80 months

Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011492686.504.59$4,358
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009026865.543.06$821
Aug 200901,47767.423.22$4,754
Jul 200901,54161.133.46$5,339
Jun 20091681,30966.163.90$16,213
May 200901,50354.743.93$5,900
Apr 200901,92346.773.59$6,899
Mar 200901,25042.144.06$5,074
Feb 2009014032.814.63$649
Jan 2009053635.865.37$2,879
Dec 2008096337.105.98$5,756
Nov 200801,20455.496.86$8,260
Oct 200801,49175.246.92$10,321
Sep 200801,206101.767.88$9,500
Aug 200811,473114.228.48$12,610
Jul 200811,495131.0811.39$17,158
Jun 200801,511131.3313.03$19,692
May 200801,657123.1711.57$19,179
Apr 200811,635110.3110.45$17,204
Mar 200821,618101.909.66$15,840
Feb 200811,59692.538.77$14,090
Jan 200821,64990.388.21$13,712
Dec 200711,28688.337.30$9,479
Nov 2007280591.677.29$6,053
Oct 200711,27682.856.92$8,915
Sep 200701,30975.846.24$8,174
Aug 200701,62569.066.39$10,380
Jul 200701,06870.906.39$6,822
Jun 200701,45962.007.55$11,013
May 200701,67958.747.85$13,174
Apr 200701,33259.617.81$10,397
Mar 2007096256.927.30$7,025
Feb 2007046255.108.22$3,796
Jan 2007078750.306.73$5,294
Dec 200601,03656.656.92$7,168
Nov 200601,23054.207.62$9,370
Oct 200602,39254.906.01$14,385
Sep 200607860.085.04$393
Aug 200605968.717.34$433
Jul 200601,51469.376.34$9,603
Jun 200601,42366.286.38$9,084
May 200601,65166.016.42$10,608
Apr 200601,92764.397.36$14,184
Mar 200601,97956.707.08$14,017
Feb 200601,42557.597.75$11,045
Jan 200601,49960.598.93$13,391
Dec 200502,51854.9413.42$33,780
Nov 200501,64254.6910.59$17,386
Oct 200501,83258.3413.80$25,274
Sep 20051872,02161.4512.08$35,903
Aug 200503,20761.519.80$31,418
Jul 200503,49455.697.84$27,406
Jun 200503,96352.337.38$29,251
May 200504,25745.226.65$28,314
Apr 200502,72349.207.36$20,043
Mar 200503,87250.377.15$27,704
Feb 200504,28445.226.31$27,040
Jan 200506,20143.166.32$39,204
Dec 2004012,10639.866.75$81,729
Nov 2004026,98245.286.33$170,807
Oct 200404,83149.706.52$31,474
Sep 200404,83043.245.28$25,521
Aug 2004092342.375.55$5,123

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 2011 — as filed, then multipliedworked
Condensate            49 bbl  × $ 86.50 =     $4,239
Gas                   26 Mcf  × $  4.59 =       $119

────────────────────────────────────────────────────
Month total                                   $4,358

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/206418 is the state's own key, not one this site invented.