TREYBIG GAS UNIT

Operated by SANCHEZ OIL & GAS CORPORATION (P-5 747012) in the BLUE BASIN (6100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 243718District 03Field 097459002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.1 M
Sep 2008 – Jan 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
41
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1975-08-21
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 Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 10/01/2009.

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 Gas112012-04-23205702
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
CondensateDisposition15,703 bbl$757,002
GasProduction1,987,041 Mcf$9,370,476
Total$10,127,478

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 29.1097, -96.1037. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.10970, -96.10368 · 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
8,270 ft
1 wells filed one
Completion to plug
14 months
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 8,270 ft.

Completions filed
Nov 2010
1 of 1 wells
Plug dates filed
Jan 2012
1 of 1 wells

Last completion to plug: a median of 14 months across the 1 well that filed both dates, with the middle half between 14 months and 14 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4813502218,270 ftNov 2010Jan 2012Yes

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 (41)

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

41 months

Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010102085.734.35$8,744
Nov 20100080.843.80$0
Oct 20101778,81878.103.51$44,765
Sep 201005,87772.633.98$23,387
Aug 2010010,65673.684.42$47,093
Jul 201018212,94372.554.74$74,508
Jun 2010015,10670.364.91$74,177
May 201018619,23571.124.24$94,693
Apr 201018624,47081.694.12$116,077
Mar 201018331,72178.394.39$153,558
Feb 2010038,34173.585.44$208,666
Jan 201018144,58474.365.96$279,362
Dec 200937357,05971.445.48$339,544
Nov 200918462,10374.593.75$246,704
Oct 200918777,93772.544.11$333,906
Sep 200918686,43465.543.06$277,089
Aug 200937290,34167.423.22$315,843
Jul 2009347108,54261.133.46$397,256
Jun 2009369104,93866.163.90$433,147
May 2009361103,86154.743.93$427,493
Apr 2009557124,38746.773.59$472,289
Mar 2009898156,07842.144.06$671,362
Feb 20091,568162,93132.814.63$806,305
Jan 20092,214192,01535.865.37$1,110,707
Dec 20083,733250,18237.105.98$1,633,867
Nov 20083,157196,92055.496.86$1,526,124
Oct 200801,56275.246.92$10,812
Sep 200800101.767.88$0

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.

Dec 2010 — as filed, then multipliedworked
Condensate           102 bbl  × $ 85.73 =     $8,744
Gas                    0 Mcf  × $  4.35 =         $0

────────────────────────────────────────────────────
Month total                                   $8,744

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/243718 is the state's own key, not one this site invented.