SANDERS

Operated by UNIT PETROLEUM COMPANY (P-5 877099) in the MADISONVILLE (SUB-CLARK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 218085District 03Field 56590712CondensateGasSaveExport
Value, all time
$81 k
May 2006 – Apr 2011
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
60
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 80 leases and 80 wells, and the rule below applies to all of them.

Discovered
1989-04-17
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1989-04-17.

The Commission's schedule remark for this field reads: PER DOCKET 03-0222178 ON 9-14-99, ALLOCATION FORMULA SUSPENDED.

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
CondensateDisposition133 bbl$9,644
GasProduction9,536 Mcf$71,340
Total$80,984

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 30.9420, -96.0799. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.94200, -96.07989 · 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
8,500 ft
1 wells filed one
Completion to plug
4.6 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 8,500 ft.

Completions filed
May 2006
1 of 1 wells
Plug dates filed
Dec 2010
1 of 1 wells

Last completion to plug: a median of 4.6 years across the 1 well that filed both dates, with the middle half between 4.6 years and 4.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3133080318,500 ftMay 2006Dec 2010Yes

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 (60)

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

60 months

Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201119085.644.18$1,627
Jan 20110086.504.59$0
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 2010113070.364.91$7,951
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 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20091166.163.90$70
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 200808375.246.92$575
Sep 2008060101.767.88$473
Aug 2008088114.228.48$747
Jul 2008085131.0811.39$968
Jun 2008077131.3313.03$1,004
May 20080335123.1711.57$3,877
Apr 20080319110.3110.45$3,335
Mar 20080338101.909.66$3,266
Feb 2008016292.538.77$1,421
Jan 2008033790.388.21$2,765
Dec 2007032788.337.30$2,388
Nov 2007033291.677.29$2,421
Oct 200708582.856.92$588
Sep 200709875.846.24$612
Aug 200707869.066.39$498
Jul 200709370.906.39$594
Jun 200709862.007.55$740
May 2007013858.747.85$1,083
Apr 2007018359.617.81$1,428
Mar 2007020656.927.30$1,504
Feb 2007065955.108.22$5,414
Jan 2007073550.306.73$4,944
Dec 2006073856.656.92$5,106
Nov 2006069154.207.62$5,264
Oct 2006077654.906.01$4,667
Sep 2006022360.085.04$1,123
Aug 2006059668.717.34$4,375
Jul 2006072569.376.34$4,599
Jun 2006077866.286.38$4,967
May 200609266.016.42$591

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.

Feb 2011 — as filed, then multipliedworked
Condensate            19 bbl  × $ 85.64 =     $1,627
Gas                    0 Mcf  × $  4.18 =         $0

────────────────────────────────────────────────────
Month total                                   $1,627

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/218085 is the state's own key, not one this site invented.