TSL M-098041/TR52/

Operated by SABCO OPERATING COMPANY (P-5 741923) in the ENCINAL CHANNEL (FB-3B, M-4) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 187846District 04Field 28991987CondensateGasSave
Value, all time
$26.5 M
Jan 2002 – Sep 2005
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
45
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
CondensateDisposition123,124 bbl$3,416,354
GasProduction4,728,163 Mcf$23,126,590
Total$26,542,943

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 27.7687, -97.2977. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.76867, -97.29774 · 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
0.0%
0 of 1 wells
Median depth
12,516 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 12,516 ft.

Completions filed
Aug 2017
1 of 1 wells

1 well

42-35533417612,516 ftAug 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 (45)

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

45 months

Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 2005681855.697.84$6,750
Jun 2005377252.337.38$5,855
May 20051692145.226.65$6,849
Apr 2005110449.207.36$815
Mar 20051757950.377.15$4,999
Feb 20051689845.226.31$6,392
Jan 200569543.166.32$860
Dec 200423615,80839.866.75$116,128
Nov 20041,14074,97645.286.33$526,249
Oct 20041,05976,00449.706.52$547,806
Sep 200484059,78243.245.28$352,204
Aug 200490775,73442.375.55$458,803
Jul 20041,03977,36338.286.08$510,463
Jun 200491768,06536.106.43$470,967
May 20041,33688,23037.486.49$623,090
Apr 20041,45390,61034.475.86$580,920
Mar 20041,47899,90234.365.53$603,256
Feb 20041,11989,95232.455.51$531,913
Jan 20042,253112,43832.036.30$780,483
Dec 20033,422128,40630.266.30$912,718
Nov 20031,711118,27128.804.60$592,751
Oct 20031,856137,87728.174.76$708,528
Sep 20031,948116,08126.314.75$602,562
Aug 20032,590149,02129.765.13$841,514
Jul 20033,073159,29829.415.17$914,081
Jun 20033,297155,35928.565.98$1,023,669
May 20034,039160,06826.595.97$1,063,432
Apr 20032,730126,27226.675.41$755,597
Mar 20034,267174,83431.146.10$1,198,669
Feb 20034,270171,49533.487.93$1,502,208
Jan 20035,890207,75130.315.58$1,338,200
Dec 20025,454188,64126.914.85$1,062,385
Nov 20026,888236,62324.664.14$1,148,758
Oct 20026,853217,65026.464.23$1,101,798
Sep 20027,987233,87727.443.64$1,069,353
Aug 20027,911233,85325.963.16$945,318
Jul 20028,689235,03024.583.06$933,181
Jun 200210,170244,25823.733.34$1,056,726
May 20026,217150,76824.663.58$693,664
Apr 20023,22879,54223.653.51$355,719
Mar 20022,85869,00122.003.10$276,967
Feb 20022,40759,83418.222.38$186,002
Jan 20021,52741,30217.172.38$124,339

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 2005 — as filed, then multipliedworked
Condensate             6 bbl  × $ 55.69 =       $334
Gas                  818 Mcf  × $  7.84 =     $6,416

────────────────────────────────────────────────────
Month total                                   $6,750

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/187846 is the state's own key, not one this site invented.