SPARTA OIL UNIT NO. 1

Operated by TEXEGY OPERATING COMPANY LLC (P-5 848561) in the RACCOON BEND (SPARTA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26098District 03Field 74106840OilSaveExport
Value, all time
$340 k
Aug 2012 – Nov 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
64
no gaps in the span
Streams
1
oil

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 17 leases and 29 wells, and the rule below applies to all of them.

Discovered
1949-03-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: SEPARATED FROM RACCOON BEND 9-1-67 BY COMMISSION ACTION

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
OilDisposition4,054 bbl$340,183
Total$340,183

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 30.0005, -96.1211. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
7,501 ft
1 wells filed one
Completion to plug
5.1 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 7,501 ft.

Completions filed
Aug 2012
1 of 1 wells
Plug dates filed
Sep 2017
1 of 1 wells

Last completion to plug: a median of 5.1 years across the 1 well that filed both dates, with the middle half between 5.1 years and 5.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0153102017,501 ftAug 2012Sep 2017Yes

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 (64)

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

64 months

Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 201516648.152.95$7,993
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 201517349.822.71$8,619
Mar 2015042.892.93$0
Feb 201533744.662.98$15,050
Jan 2015043.433.10$0
Dec 201418254.693.59$9,954
Nov 2014070.464.25$0
Oct 201417078.303.90$13,311
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 201416996.564.18$16,319
Jun 2014098.164.74$0
May 201417094.734.73$16,104
Apr 2014095.944.81$0
Mar 201416995.895.06$16,205
Feb 201416197.406.19$15,681
Jan 2014090.404.86$0
Dec 201316591.824.35$15,150
Nov 201317188.853.74$15,193
Oct 201316697.423.78$16,172
Sep 20130104.113.72$0
Aug 2013335104.253.52$34,924
Jul 2013170102.523.72$17,428
Jun 2013094.403.93$0
May 201348194.834.15$45,613
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 201233686.773.42$29,155
Nov 201217086.953.62$14,782
Oct 201234789.383.40$31,015
Sep 20121694.672.92$1,515
Aug 2012092.662.91$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.

Jul 2015 — as filed, then multipliedworked
Oil                  166 bbl  × $ 48.15 =     $7,993

────────────────────────────────────────────────────
Month total                                   $7,993

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/26098 is the state's own key, not one this site invented.