SANTA FE RANCH

Operated by LEGEND NATURAL GAS IV, LP (P-5 495557) in the TOM EAST (13,800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 185874District 04Field 90480950CondensateGasSave
Value, all time
$23.0 M
Sep 2001 – Jan 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
125
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition117,880 bbl$2,680,165
GasProduction5,890,606 Mcf$20,291,492
Total$22,971,657

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 26.8189, -98.0626. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.81886, -98.06263 · 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
16,088 ft
1 wells filed one
Completion to plug
10.4 years
median over 1 wells

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 16,088 ft.

Completions filed
Sep 2001
1 of 1 wells
Plug dates filed
Feb 2012
1 of 1 wells

Last completion to plug: a median of 10.4 years across the 1 well that filed both dates, with the middle half between 10.4 years and 10.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-04731944516,088 ftSep 2001Feb 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 (125)

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

125 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 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20080673131.3313.03$8,771
May 200810123.1711.57$123
Apr 200841,727110.3110.45$18,497
Mar 200861101.909.66$621
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20071456.927.30$86
Feb 20070155.108.22$8
Jan 20070050.306.73$0
Dec 20060756.656.92$48
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006583668.717.34$4,249
Jul 200617211,97769.376.34$87,899
Jun 20068213,52866.286.38$91,796
May 20068814,97766.016.42$102,036
Apr 20068614,29164.397.36$110,726
Mar 200611414,98956.707.08$112,630
Feb 20069313,78957.597.75$112,236
Jan 200610215,26360.598.93$142,529
Dec 200510515,63654.9413.42$215,532
Nov 200511914,95654.6910.59$164,868
Oct 200511015,57758.3413.80$221,314
Sep 20059414,57461.4512.08$181,816
Aug 200510115,23961.519.80$155,507
Jul 200511915,54155.697.84$128,525
Jun 200513914,98452.337.38$117,871
May 200520215,60445.226.65$112,919
Apr 200519414,87449.207.36$119,025
Mar 200521614,96650.377.15$117,960
Feb 200523614,79145.226.31$104,032
Jan 200526416,54143.166.32$115,970
Dec 200421416,79639.866.75$121,921
Nov 200420015,06945.286.33$104,449
Oct 200421218,20849.706.52$129,163
Sep 200423817,87243.245.28$104,725
Aug 200424720,32342.375.55$123,271
Jul 200423818,45638.286.08$121,400
Jun 200425220,66936.106.43$142,061
May 200425122,80737.486.49$157,529
Apr 200427123,04834.475.86$144,367
Mar 200428724,78534.365.53$146,926
Feb 200427723,08132.455.51$136,156
Jan 200428027,06932.036.30$179,493
Dec 200327327,25330.266.30$180,000
Nov 200326723,58628.804.60$116,071
Oct 200325027,18128.174.76$136,414
Sep 200332532,27726.314.75$161,846
Aug 200334537,02229.765.13$200,180
Jul 200338237,25929.415.17$203,895
Jun 200339540,42328.565.98$253,130
May 200342041,18526.595.97$257,153
Apr 200343048,46426.675.41$273,527
Mar 200356454,21531.146.10$348,060
Feb 200376052,95733.487.93$445,176
Jan 200383164,44430.315.58$384,917
Dec 200279272,03626.914.85$370,958
Nov 20021,41481,46024.664.14$371,866
Oct 20021,17296,91826.464.23$440,889
Sep 20022,115109,70827.443.64$456,846
Aug 20022,594138,95025.963.16$507,000
Jul 20024,381175,91724.583.06$646,301
Jun 20023,425213,00323.733.34$792,330
May 20024,152254,30324.663.58$1,013,810
Apr 20024,847275,85123.653.51$1,083,509
Mar 200250323,63122.003.10$1,005,236
Feb 20024,141326,89618.222.38$852,049
Jan 20029,866420,73617.172.38$1,168,933
Dec 200110,150485,67616.932.36$1,320,172
Nov 200110,106595,34118.072.41$1,614,720
Oct 200125,535842,94319.782.53$2,636,784
Sep 200122,225458,24224.262.25$1,570,828

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 2008 — as filed, then multipliedworked
Condensate             0 bbl  × $131.33 =         $0
Gas                  673 Mcf  × $ 13.03 =     $8,771

────────────────────────────────────────────────────
Month total                                   $8,771

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. 04/G/185874 is the state's own key, not one this site invented.