SANTA FE RANCH

Operated by ABACO OPERATING, LLC (P-5 894) 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 230740District 04Field 904809502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Jul 2007 – Feb 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
104
no gaps in the span
Streams
2
condensate, 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 44 leases and 44 wells, and the rule below applies to all of them.

Discovered
2001-06-04
as the register files it
Field class
Gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2001-07-24.

The Commission's schedule remark for this field reads: 10-1. FOR TEST DUE 4-1 PRIOR TEST TO BE FILED.

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
High Cost Gas112009-04-27191190
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
CondensateDisposition4,940 bbl$418,598
GasProduction161,412 Mcf$1,036,884
Total$1,455,482

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 26.7893, -98.0678. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.78935, -98.06784 · 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
16,994 ft
1 wells filed one
Completion to plug
8.6 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 16,994 ft.

Completions filed
Jul 2007
1 of 1 wells
Plug dates filed
Feb 2016
1 of 1 wells

Last completion to plug: a median of 8.6 years across the 1 well that filed both dates, with the middle half between 8.6 years and 8.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-047322911R16,994 ftJul 2007Feb 2016Yes

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 (104)

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

104 months

Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015118044.662.98$5,270
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014011678.303.90$453
Sep 201406786.164.05$271
Aug 2014018689.394.04$751
Jul 201409796.564.18$405
Jun 2014018798.164.74$886
May 201417522394.734.73$17,632
Apr 2014018295.944.81$875
Mar 2014022895.895.06$1,153
Feb 2014022697.406.19$1,399
Jan 2014032590.404.86$1,580
Dec 2013036091.824.35$1,568
Nov 2013050288.853.74$1,877
Oct 201317344697.423.78$18,539
Sep 20130353104.113.72$1,312
Aug 20130509104.253.52$1,793
Jul 20130514102.523.72$1,911
Jun 2013040594.403.93$1,593
May 2013043794.834.15$1,813
Apr 2013047093.964.28$2,013
Mar 201318838293.623.91$19,095
Feb 2013045091.233.42$1,539
Jan 2013047591.603.42$1,624
Dec 2012052986.773.42$1,809
Nov 2012051586.953.62$1,867
Oct 2012056189.383.40$1,907
Sep 2012065194.672.92$1,900
Aug 201217076692.662.91$17,980
Jul 2012071885.133.02$2,169
Jun 2012069479.822.52$1,748
May 2012090891.612.49$2,259
Apr 20120910101.652.00$1,817
Mar 20121741,010105.052.22$20,523
Feb 20120989101.102.57$2,542
Jan 2012035198.092.73$960
Dec 2011027196.873.24$878
Nov 2011039795.723.31$1,315
Oct 2011052984.983.65$1,930
Sep 201117054783.623.99$16,396
Aug 2011075783.404.15$3,141
Jul 2011085394.144.52$3,853
Jun 2011088392.904.64$4,097
May 201117478098.134.40$20,510
Apr 20110858105.964.33$3,718
Mar 2011096896.364.06$3,928
Feb 2011074585.644.18$3,114
Jan 2011041686.504.59$1,909
Dec 201018266785.734.35$18,503
Nov 2010075980.843.80$2,881
Oct 2010070078.103.51$2,456
Sep 201001,01272.633.98$4,027
Aug 20101811,30673.684.42$19,108
Jul 201001,09572.554.74$5,186
Jun 2010084470.364.91$4,144
May 201001,08071.124.24$4,574
Apr 20101891,32581.694.12$20,902
Mar 201001,39978.394.39$6,140
Feb 201001,35073.585.44$7,347
Jan 201001,72474.365.96$10,282
Dec 20091561,81771.445.48$21,109
Nov 200901,83774.593.75$6,892
Oct 20091802,03872.544.11$21,434
Sep 200901,76665.543.06$5,412
Aug 200901,87867.423.22$6,044
Jul 200971,97561.133.46$7,270
Jun 20091682,12966.163.90$19,407
May 200902,29154.743.93$8,994
Apr 20091822,21446.773.59$16,455
Mar 2009112,35442.144.06$10,018
Feb 200902,19932.814.63$10,188
Jan 20091702,61035.865.37$20,115
Dec 20081792,72637.105.98$22,935
Nov 200802,75955.496.86$18,928
Oct 200803,08575.246.92$21,354
Sep 20081783,010101.767.88$41,823
Aug 200813,320114.228.48$28,278
Jul 20081863,682131.0811.39$66,317
Jun 200803,789131.3313.03$49,381
May 20081794,176123.1711.57$70,382
Apr 200804,342110.3110.45$45,395
Mar 20083695,180101.909.66$87,661
Feb 20081855,56792.538.77$65,944
Jan 200806,93690.388.21$56,915
Dec 200707,67888.337.30$56,065
Nov 20071834,05291.677.29$46,322
Oct 200771212,97482.856.92$148,795
Sep 2007026,02175.846.24$162,479
Aug 20070069.066.39$0
Jul 20070070.906.39$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.

Feb 2015 — as filed, then multipliedworked
Condensate           118 bbl  × $ 44.66 =     $5,270
Gas                    0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $5,270

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/230740 is the state's own key, not one this site invented.