RESER-SANDERS UNIT

Name: RESER-SANDERS UNIT lease production and value, Jan 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ENERVEST OPERATING, L.L.C. (P-5 252131) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22271District 03Field 34733500OilCasinghead gasSave Export

Value, all time

$2.3 M

Jan 1994 – Nov 2007

Value, last 12 filed months

$20 k

at the published price for each month

Months reported

167

no gaps in the span

Streams

oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) field

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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered

1960-10-29

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: “DKT OG-25-00028011: UFT FIELD, 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.

Stream	Basis	Volume	Value
Oil	Disposition	109,336 bbl	$1,796,156
Casinghead gas	Production	524,274 Mcf	$487,290
Total			$2,283,445

412,142 Mcf of this lease's gas, across 35 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 (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 30.5500, -96.1703. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.54998, -96.17035 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

14,637 ft

1 wells filed one

Completion to plug

11.5 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 14,637 ft.

Completions filed

May 2007

1 of 1 wells

Plug dates filed

Nov 2018

1 of 1 wells

Last completion to plug: a median of 11.5 years across the 1 well that filed both dates, with the middle half between 11.5 years and 11.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-04131792	1	14,637 ft	May 2007	Nov 2018	Yes

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 (167)

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

167 months


Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	211	598	50.30	6.73	$14,636
Dec 2006	1	721	56.65	6.92	$5,045
Nov 2006	184	601	54.20	7.62	$14,551
Oct 2006	0	698	54.90	6.01	$4,198
Sep 2006	182	672	60.08	5.04	$14,320
Aug 2006	0	788	68.71	7.34	$5,784
Jul 2006	173	792	69.37	6.34	$17,024
Jun 2006	4	871	66.28	6.38	$5,825
May 2006	162	1,011	66.01	6.42	$17,189
Apr 2006	0	1,066	64.39	7.36	$7,846
Mar 2006	190	1,536	56.70	7.08	$21,652
Feb 2006	190	1,377	57.59	7.75	$21,615
Jan 2006	196	2,544	60.59	8.93	$34,602
Dec 2005	193	1,357	54.94	13.42	$28,808
Nov 2005	189	1,901	54.69	10.59	$30,465
Oct 2005	196	2,318	58.34	13.80	$43,413
Sep 2005	374	1,895	61.45	12.08	$45,872
Aug 2005	6	1,071	61.51	9.80	$10,861
Jul 2005	1	24	55.69	7.84	$244
Jun 2005	0	158	52.33	7.38	$1,166
May 2005	0	296	45.22	6.65	$1,969
Apr 2005	174	836	49.20	7.36	$14,714
Mar 2005	180	745	50.37	7.15	$14,397
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	50	43.16	6.32	$316
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	285	45.28	6.33	$1,804
Oct 2004	176	185	49.70	6.52	$9,952
Sep 2004	0	235	43.24	5.28	$1,242
Aug 2004	0	260	42.37	5.55	$1,443
Jul 2004	0	246	38.28	6.08	$1,497
Jun 2004	181	308	36.10	6.43	$8,515
May 2004	1	217	37.48	6.49	$1,447
Apr 2004	0	236	34.47	5.86	$1,383
Mar 2004	0	347	34.36	5.53	$1,919
Feb 2004	183	154	32.45	5.51	$6,787
Jan 2004	0	428	32.03	6.30	$2,696
Dec 2003	0	190	30.26	6.30	$1,197
Nov 2003	0	393	28.80	4.60	$1,806
Oct 2003	176	260	28.17	4.76	$6,195
Sep 2003	0	301	26.31	4.75	$1,430
Aug 2003	0	284	29.76	5.13	$1,457
Jul 2003	190	278	29.41	5.17	$7,025
Jun 2003	0	313	28.56	5.98	$1,873
May 2003	0	316	26.59	5.97	$1,887
Apr 2003	0	297	26.67	5.41	$1,606
Mar 2003	0	157	31.14	6.10	$957
Feb 2003	192	281	33.48	7.93	$8,655
Jan 2003	3	386	30.31	5.58	$2,246
Dec 2002	179	516	26.91	4.85	$7,321
Nov 2002	186	582	24.66	4.14	$6,994
Oct 2002	0	421	26.46	4.23	$1,780
Sep 2002	188	401	27.44	3.64	$6,616
Aug 2002	0	386	25.96	3.16	$1,221
Jul 2002	187	1,102	24.58	3.06	$7,971
Jun 2002	178	1,071	23.73	3.34	$7,799
May 2002	181	1,128	24.66	3.58	$8,506
Apr 2002	0	619	23.65	3.51	$2,174
Mar 2002	0	224	22.00	3.10	$695
Feb 2002	184	575	18.22	2.38	$4,719
Jan 2002	184	274	17.17	2.38	$3,810
Dec 2001	0	469	16.93	2.36	$1,109
Nov 2001	0	693	18.07	2.41	$1,667
Oct 2001	0	382	19.78	2.53	$966
Sep 2001	180	492	24.26	2.25	$5,474
Aug 2001	181	786	24.87	3.05	$6,901
Jul 2001	183	848	23.93	3.20	$7,090
Jun 2001	181	734	24.56	3.82	$7,252
May 2001	182	1,358	25.52	4.31	$10,494
Apr 2001	182	582	24.68	5.34	$7,597
Mar 2001	0	652	24.54	5.38	$3,505
Feb 2001	0	48	27.75	5.77	$277
Jan 2001	183	506	27.47	8.40	$9,277
Dec 2000	377	847	26.88	9.12	$17,861
Nov 2000	0	1,470	32.21	5.66	$8,317
Oct 2000	372	1,983	31.23	5.15	$21,821
Sep 2000	364	638	31.87	5.19	$14,910
Aug 2000	0	363	29.64	4.54	$1,648
Jul 2000	177	626	28.53	4.09	$7,610
Jun 2000	182	985	29.30	4.40	$9,664
May 2000	0	472	27.26	3.68	$1,737
Apr 2000	76	194	24.51	3.12	$2,467
Mar 2000	358	512	28.42	2.86	$11,639
Feb 2000	0	359	27.62	2.73	$979
Jan 2000	0	617	25.27	2.48	$1,530
Dec 1999	183	672	24.28	2.42	$6,072
Nov 1999	183	650	23.19	2.43	$5,826
Oct 1999	363	872	20.98	2.80	$10,061
Sep 1999	177	841	21.75	2.62	$6,052
Aug 1999	0	1,006	19.26	2.88	$2,893
Jul 1999	183	997	17.89	2.37	$5,639
Jun 1999	360	908	15.94	2.36	$7,883
May 1999	0	1,114	15.79	2.32	$2,586
Apr 1999	177	1,021	15.10	2.21	$4,927
Mar 1999	365	1,147	12.47	1.84	$6,660
Feb 1999	169	1,072	9.98	1.82	$3,635
Jan 1999	190	1,199	10.38	1.90	$4,250
Dec 1998	190	1,186	9.20	1.77	$3,851
Nov 1998	178	1,276	10.89	2.19	$4,727
Oct 1998	189	1,365	12.42	1.97	$5,035
Sep 1998	190	1,613	12.59	2.08	$5,751
Aug 1998	185	1,274	11.30	1.91	$4,520
Jul 1998	170	1,656	11.74	2.24	$5,701
Jun 1998	182	1,211	11.24	2.24	$4,755
May 1998	357	1,578	12.62	2.21	$7,987
Apr 1998	187	1,373	13.04	2.51	$5,878
Mar 1998	371	2,730	12.80	2.31	$11,054
Feb 1998	0	1,323	13.95	2.30	$3,042
Jan 1998	558	2,360	14.70	2.15	$13,288
Dec 1997	180	688	16.32	2.41	$4,596
Nov 1997	366	170	18.19	3.09	$7,183
Oct 1997	182	2,199	19.25	3.15	$10,430
Sep 1997	542	1,943	17.74	2.95	$15,356
Aug 1997	184	2,454	17.86	2.55	$9,556
Jul 1997	538	2,334	17.58	2.25	$14,702
Jun 1997	358	2,596	17.24	2.26	$12,032
May 1997	356	2,793	18.97	2.31	$13,201
Apr 1997	364	2,867	17.88	2.08	$12,480
Mar 1997	361	3,173	18.95	1.94	$12,994
Feb 1997	726	3,280	20.49	2.21	$22,111
Jan 1997	363	2,993	23.48	3.54	$19,118
Dec 1996	363	3,115	23.32	—	$8,465
Nov 1996	551	3,876	21.97	—	$12,105
Oct 1996	729	4,132	23.31	—	$16,993
Sep 1996	354	4,401	22.22	—	$7,866
Aug 1996	350	4,656	20.26	—	$7,091
Jul 1996	712	4,756	19.55	—	$13,920
Jun 1996	707	4,652	18.73	—	$13,242
May 1996	539	5,083	19.43	—	$10,473
Apr 1996	546	5,125	21.51	—	$11,744
Mar 1996	917	6,112	19.38	—	$17,771
Feb 1996	548	6,006	16.98	—	$9,305
Jan 1996	741	6,498	17.07	—	$12,649
Dec 1995	923	7,358	17.19	—	$15,866
Nov 1995	906	8,412	16.00	—	$14,496
Oct 1995	912	9,168	15.43	—	$14,072
Sep 1995	913	10,585	16.18	—	$14,772
Aug 1995	918	10,149	15.92	—	$14,615
Jul 1995	1,271	12,157	15.24	—	$19,370
Jun 1995	1,144	9,358	16.41	—	$18,773
May 1995	202	1,988	17.56	—	$3,547
Apr 1995	0	0	17.73	—	$0
Mar 1995	724	5,029	16.44	—	$11,903
Feb 1995	1,267	7,212	16.58	—	$21,007
Jan 1995	1,459	6,129	15.92	—	$23,227
Dec 1994	1,436	9,343	15.03	—	$21,583
Nov 1994	1,989	10,292	15.90	—	$31,625
Oct 1994	1,799	10,331	15.58	—	$28,028
Sep 1994	2,149	8,766	15.29	—	$32,858
Aug 1994	1,788	11,191	16.13	—	$28,840
Jul 1994	2,872	12,924	17.56	—	$50,432
Jun 1994	3,051	13,212	17.09	—	$52,142
May 1994	4,677	17,952	15.88	—	$74,271
Apr 1994	6,662	26,939	14.14	—	$94,201
Mar 1994	13,439	49,308	12.46	—	$167,450
Feb 1994	33,598	93,524	12.50	—	$419,975
Jan 1994	0	2,403	12.66	—	$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.

Jan 2007 — as filed, then multipliedworked

Oil                  211 bbl  × $ 50.30 =    $10,613
Casinghead gas       598 Mcf  × $  6.73 =     $4,023

────────────────────────────────────────────────────
Month total                                  $14,636

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/22271 is the state's own key, not one this site invented.