SANDERS GAS UNIT

Operated by ONPOINT OPERATING LLC (P-5 102589) in the SHEPHERD (7682) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14938District 03Field 83047600NGPA filingOilCasinghead gasSaveExport
Value, all time
$5.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 5 leases and 6 wells, and the rule below applies to all of them.

Discovered
1977-10-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1978-08-28.

The Commission's schedule remark for this field reads: GAS TO LEGAL USE@1000 MCF PER DAY PER WELL. DET. #3-69,301

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
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
OilDisposition158,206 bbl$5,262,949
Casinghead gasProduction68,027 Mcf$12
Total$5,262,961

68,022 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

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 30.5270, -94.9721. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

30.52705, -94.97206 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
7,859 ft
2 wells filed one
Completion to plug
12.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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

Between 7,768 and 7,950 ft, median 7,859 ft, over the 2 wells that filed a depth.

Completions filed
Oct 1981 – Jan 1989
2 of 2 wells
Plug dates filed
May 1994
1 of 2 wells; 1 filed none

Last completion to plug: a median of 12.6 years across the 1 well that filed both dates, with the middle half between 12.6 years and 12.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4073039117,950 ftJan 1989
42-4073044327,768 ftOct 1981May 1994Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 2016150045.352.69$6,803
May 2016175042.521.99$7,441
Apr 2016164036.561.99$5,996
Mar 2016252033.011.79$8,319
Feb 20160026.472.06$0
Jan 2016324027.352.36$8,861
Dec 2015358032.362.00$11,585
Nov 2015366038.792.17$14,197
Oct 2015357043.552.43$15,547
Sep 2015175042.992.76$7,523
Aug 2015175040.162.87$7,028
Jul 2015176048.152.95$8,474
Jun 2015317056.152.88$17,800
May 2015174055.212.96$9,607
Apr 2015345049.822.71$17,188
Mar 2015170042.892.93$7,291
Feb 2015171044.662.98$7,637
Jan 2015171043.433.10$7,427
Dec 2014344054.693.59$18,813
Nov 2014175070.464.25$12,331
Oct 2014322078.303.90$25,213
Sep 2014169086.164.05$14,561
Aug 2014172089.394.04$15,375
Jul 2014346096.564.18$33,410
Jun 2014347098.164.74$34,062
May 2014180094.734.73$17,051
Apr 2014172095.944.81$16,502
Mar 2014171095.895.06$16,397
Feb 2014183097.406.19$17,824
Jan 2014175090.404.86$15,820
Dec 2013167091.824.35$15,334
Nov 2013178088.853.74$15,815
Oct 2013362097.423.78$35,266
Sep 20131770104.113.72$18,427
Aug 201300104.253.52$0
Jul 20131780102.523.72$18,249
Jun 2013172094.403.93$16,237
May 2013175094.834.15$16,595
Apr 2013352093.964.28$33,074
Mar 2013178093.623.91$16,664
Feb 2013157091.233.42$14,323
Jan 2013174091.603.42$15,938
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012347089.383.40$31,015
Sep 2012178094.672.92$16,851
Aug 2012530092.662.91$49,110
Jul 2012357085.133.02$30,391
Jun 2012535079.822.52$42,704
May 2012356091.612.49$32,613
Apr 20125190101.652.00$52,756
Mar 20123510105.052.22$36,873
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 2011162096.873.24$15,693
Nov 2011129095.723.31$12,348
Oct 2011165084.983.65$14,022
Sep 2011343083.623.99$28,682
Aug 2011513083.404.15$42,784
Jul 2011338094.144.52$31,819
Jun 2011511092.904.64$47,472
May 2011357098.134.40$35,032
Apr 20115140105.964.33$54,463
Mar 2011173096.364.06$16,670
Feb 2011353085.644.18$30,231
Jan 2011343086.504.59$29,670
Dec 2010349085.734.35$29,920
Nov 2010507080.843.80$40,986
Oct 2010353078.103.51$27,569
Sep 2010362072.633.98$26,292
Aug 2010349073.684.42$25,714
Jul 2010342072.554.74$24,812
Jun 2010515070.364.91$36,235
May 2010156071.124.24$11,095
Apr 2010342081.694.12$27,938
Mar 2010341078.394.39$26,731
Feb 2010511073.585.44$37,599
Jan 2010334074.365.96$24,836
Dec 2009521071.445.48$37,220
Nov 2009531074.593.75$39,607
Oct 2009333072.544.11$24,156
Sep 2009357065.543.06$23,398
Aug 2009330067.423.22$22,249
Jul 2009514061.133.46$31,421
Jun 2009161066.163.90$10,652
May 2009523054.743.93$28,629
Apr 2009329046.773.59$15,387
Mar 2009315042.144.06$13,274
Feb 2009477032.814.63$15,650
Jan 20090035.865.37$0
Dec 2008697037.105.98$25,859
Nov 20080055.496.86$0
Oct 2008181075.246.92$13,618
Sep 200800101.767.88$0
Aug 20083470114.228.48$39,634
Jul 20083510131.0811.39$46,009
Jun 20083360131.3313.03$44,127
May 20083370123.1711.57$41,508
Apr 20083310110.3110.45$36,513
Mar 20081650101.909.66$16,814
Feb 2008319092.538.77$29,517
Jan 2008487090.388.21$44,015
Dec 2007330088.337.30$29,149
Nov 20070091.677.29$0
Oct 2007330082.856.92$27,341
Sep 2007169075.846.24$12,817
Aug 2007479069.066.39$33,080
Jul 2007167070.906.39$11,840
Jun 2007164062.007.55$10,168
May 20070058.747.85$0
Apr 2007322059.617.81$19,194
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 2007498050.306.73$25,049
Dec 20060056.656.92$0
Nov 2006166054.207.62$8,997
Oct 2006341054.906.01$18,721
Sep 2006353060.085.04$21,208
Aug 2006363068.717.34$24,942
Jul 2006355069.376.34$24,626
Jun 2006555066.286.38$36,785
May 2006370066.016.42$24,424
Apr 2006367064.397.36$23,631
Mar 2006703056.707.08$39,860
Feb 20060057.597.75$0
Jan 2006317060.598.93$19,207
Dec 2005337054.9413.42$18,515
Nov 2005503054.6910.59$27,509
Oct 2005502058.3413.80$29,287
Sep 2005338061.4512.08$20,770
Aug 2005323061.519.80$19,868
Jul 2005683055.697.84$38,036
Jun 2005167052.337.38$8,739
May 2005173045.226.65$7,823
Apr 20050049.207.36$0
Mar 2005505050.377.15$25,437
Feb 2005511045.226.31$23,107
Jan 2005167043.166.32$7,208
Dec 2004648039.866.75$25,829
Nov 2004501045.286.33$22,685
Oct 2004673049.706.52$33,448
Sep 2004335043.245.28$14,485
Aug 2004506042.375.55$21,439
Jul 2004657038.286.08$25,150
Jun 2004680036.106.43$24,548
May 2004861037.486.49$32,270
Apr 2004663034.475.86$22,854
Mar 2004336034.365.53$11,545
Feb 2004693032.455.51$22,488
Jan 20041,038032.036.30$33,247
Dec 2003341030.266.30$10,319
Nov 2003495028.804.60$14,256
Oct 2003665028.174.76$18,733
Sep 2003702026.314.75$18,470
Aug 2003541029.765.13$16,100
Jul 2003713029.415.17$20,969
Jun 2003355028.565.98$10,139
May 20031,081026.595.97$28,744
Apr 20030026.675.41$0
Mar 2003352031.146.10$10,961
Feb 2003546033.487.93$18,280
Jan 2003734030.315.58$22,248
Dec 2002733026.914.85$19,725
Nov 2002744024.664.14$18,347
Oct 2002661026.464.23$17,490
Sep 2002742027.443.64$20,360
Aug 2002736025.963.16$19,107
Jul 2002730024.583.06$17,943
Jun 2002384023.733.34$9,112
May 2002725024.663.58$17,879
Apr 2002343023.653.51$8,112
Mar 2002565022.003.10$12,430
Feb 2002535018.222.38$9,748
Jan 2002768017.172.38$13,187
Dec 2001386016.932.36$6,535
Nov 2001558018.072.41$10,083
Oct 2001695019.782.53$13,747
Sep 2001548024.262.25$13,294
Aug 2001902024.873.05$22,433
Jul 2001372023.933.20$8,902
Jun 2001180024.563.82$4,421
May 2001707025.524.31$18,043
Apr 20011,072024.685.34$26,457
Mar 2001714024.545.38$17,522
Feb 2001717027.755.77$19,897
Jan 2001361027.478.40$9,917
Dec 2000354026.889.12$9,516
Nov 2000720032.215.66$23,191
Oct 2000711031.235.15$22,205
Sep 2000710031.875.19$22,628
Aug 2000706029.644.54$20,926
Jul 20001,061028.534.09$30,270
Jun 2000356029.304.40$10,431
May 2000711027.263.68$19,382
Apr 2000355024.513.12$8,701
Mar 20000028.422.86$0
Feb 2000722027.622.73$19,942
Jan 2000357025.272.48$9,021
Dec 1999713024.282.42$17,312
Nov 1999534023.192.43$12,383
Oct 1999358020.982.80$7,511
Sep 1999712021.752.62$15,486
Aug 1999704019.262.88$13,559
Jul 19991,061017.892.37$18,981
Jun 19990015.942.36$0
May 1999508015.792.32$8,021
Apr 19990015.102.21$0
Mar 1999361012.471.84$4,502
Feb 199935609.981.82$3,553
Jan 1999364010.381.90$3,778
Dec 199871809.201.77$6,606
Nov 19981,283010.892.19$13,972
Oct 1998362012.421.97$4,496
Sep 1998894012.592.08$11,255
Aug 1998882011.301.91$9,967
Jul 1998708011.742.24$8,312
Jun 1998886011.242.24$9,959
May 1998885012.622.21$11,169
Apr 19981,073013.042.51$13,992
Mar 1998736012.802.31$9,421
Feb 1998666013.952.30$9,291
Jan 19981,082014.702.15$15,905
Dec 1997557016.322.41$9,090
Nov 1997359018.193.09$6,530
Oct 1997683019.253.15$13,148
Sep 19971,059017.742.95$18,787
Aug 19971,249017.862.55$22,307
Jul 1997718017.582.25$12,622
Jun 19971,081017.242.26$18,636
May 19971,075118.972.31$20,395
Apr 1997721117.882.08$12,894
Mar 19971,083118.951.94$20,525
Feb 19971,278120.492.21$26,188
Jan 1997913123.483.54$21,441
Dec 1996716123.32$16,697
Nov 19961,100121.97$24,167
Oct 19961,08486123.31$25,268
Sep 19961,0651,33522.22$23,664
Aug 19967111,35620.26$14,405
Jul 19961,2481,41219.55$24,398
Jun 19961,0591,33418.73$19,835
May 19961,0601,60519.43$20,596
Apr 19961,0791,17321.51$23,209
Mar 19961,0651,13419.38$20,640
Feb 19967201,00616.98$12,226
Jan 19961,1031,00117.07$18,828
Dec 19951,0731,25517.19$18,445
Nov 19951,0771,24716.00$17,232
Oct 19951,0701,47615.43$16,510
Sep 19951,0521,23616.18$17,021
Aug 19951,2471,31215.92$19,852
Jul 19951,4101,51415.24$21,488
Jun 19951,0611,39416.41$17,411
May 19951,24697417.56$21,880
Apr 19951,0801,17617.73$19,148
Mar 19951,2581,29516.44$20,682
Feb 19951,0251,47716.58$16,995
Jan 19951,0731,62915.92$17,082
Dec 19941,4401,79415.03$21,643
Nov 19941,4271,78715.90$22,689
Oct 19948831,59215.58$13,757
Sep 19941,4421,67315.29$22,048
Aug 19941,4361,54616.13$23,163
Jul 19941,0611,60317.56$18,631
Jun 19941,0651,56717.09$18,201
May 19941,4371,87115.88$22,820
Apr 19941,0851,33314.14$15,342
Mar 19941,61495712.46$20,110
Feb 19941,0811,15812.50$13,513
Jan 19941,4411,34812.66$18,243
Dec 19931,2641,32312.33$15,585
Nov 19931,4441,12514.49$20,924
Oct 19931,0681,47415.85$16,928
Sep 19931,4241,53815.03$21,403
Aug 19931,4181,83315.66$22,206
Jul 19931,0742,09315.46$16,604
Jun 19931,2582,04316.79$21,122
May 19931,4252,06817.68$25,194
Apr 19931,4452,00218.05$26,082
Mar 19931,2611,60518.14$22,875
Feb 19931,0752,04017.90$19,243
Jan 19931,4962,44516.93$25,327

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.

Jun 2016 — as filed, then multipliedworked
Oil                  150 bbl  × $ 45.35 =     $6,803
Casinghead gas         0 Mcf  × $  2.69 =         $0

────────────────────────────────────────────────────
Month total                                   $6,803

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/O/14938 is the state's own key, not one this site invented.