SAXON

Operated by SQUARE MILE ENERGY, L.L.C. (P-5 810815) in the BOBCAT RUN (HACKBERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 279187District 03Field 10073220CondensateGasSaveExport
Value, all time
$3.1 M
Jan 2015 – Jan 2019
Value, last 12 filed months
$851 k
at the published price for each month
Months reported
49
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
1997-02-15
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: FIELD ADMINISTRATIVELY BALANCED EFF 5-1-99 PER OPERATOR REQUEST

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
CondensateDisposition8,932 bbl$432,679
GasProduction918,532 Mcf$2,646,215
Total$3,078,893

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 30.2311, -93.8556. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.23108, -93.85563 · 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
7,750 ft
1 wells filed one
Completion to plug
19 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 7,750 ft.

Completions filed
Jun 2017
1 of 1 wells
Plug dates filed
Jan 2019
1 of 1 wells

Last completion to plug: a median of 19 months across the 1 well that filed both dates, with the middle half between 19 months and 19 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3613096217,750 ftJun 2017Jan 2019Yes

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 (49)

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

49 months

Jan 20190046.033.23$0
Dec 2018140046.594.19$6,523
Nov 2018184,17552.934.24$18,643
Oct 2018014,04761.443.40$47,733
Sep 2018019,81859.543.11$61,594
Aug 201819129,76559.403.07$102,622
Jul 201817432,13965.142.93$105,562
Jun 201819131,45360.183.08$108,273
May 201818832,29065.382.90$105,958
Apr 201819231,05063.842.90$102,327
Mar 201818932,24261.222.79$101,424
Feb 201818328,61361.782.77$90,453
Jan 201835630,76662.874.01$145,732
Dec 201738431,59457.272.92$114,294
Nov 201718930,78755.423.12$106,479
Oct 201719031,64149.292.98$103,772
Sep 201737725,72447.523.09$97,332
Aug 201718927,16145.373.00$90,177
Jul 201718522,21143.873.09$76,688
Jun 201704,70542.493.09$14,526
May 201707,99345.373.26$26,084
Apr 201708,17247.933.21$26,245
Mar 201717111,70046.772.98$42,907
Feb 201716811,16250.452.95$41,433
Jan 201715813,29949.413.42$53,273
Dec 201616911,85648.763.72$52,378
Nov 201616411,26142.492.64$36,746
Oct 201616511,15746.193.09$42,099
Sep 2016810,76041.553.10$33,695
Aug 201617411,57741.442.92$41,066
Jul 201618614,28741.622.92$49,521
Jun 201616915,54845.352.69$49,423
May 201618817,11342.521.99$42,066
Apr 201617917,35936.561.99$41,107
Mar 201617615,38733.011.79$33,414
Feb 201616013,19326.472.06$31,461
Jan 201632615,87727.352.36$46,455
Dec 201517116,93932.362.00$39,435
Nov 201517721,21738.792.17$52,850
Oct 201534625,38443.552.43$76,665
Sep 201551428,04042.992.76$99,443
Aug 201535828,09340.162.87$95,074
Jul 201533429,11248.152.95$101,819
Jun 201528229,11256.152.88$99,760
May 201553336,74555.212.96$138,025
Apr 201532026,00849.822.71$86,335
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$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 2018 — as filed, then multipliedworked
Condensate           140 bbl  × $ 46.59 =     $6,523
Gas                    0 Mcf  × $  4.19 =         $0

────────────────────────────────────────────────────
Month total                                   $6,523

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/279187 is the state's own key, not one this site invented.