SLING

Operated by SANCHEZ OIL & GAS CORPORATION (P-5 747012) in the SEVEN SISTERS,W.(WILCOX 1,N.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 243741District 04Field 82387550CondensateGasSave
Value, all time
$4.7 M
Nov 2008 – Dec 2012
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
50
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
CondensateDisposition16,771 bbl$1,104,515
GasProduction817,294 Mcf$3,554,499
Total$4,659,014

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 28.0336, -98.5224. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03361, -98.52243 · 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
8,899 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 8,899 ft.

Completions filed
Jun 2012
1 of 1 wells

1 well

42-1313912958,899 ftJun 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 (50)

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

50 months

Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201236079.822.52$2,874
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201261,392101.102.57$4,184
Jan 201201,20298.092.73$3,286
Dec 20113970896.873.24$6,072
Nov 20118228695.723.31$8,796
Oct 2011027684.983.65$1,007
Sep 201111692683.623.99$13,391
Aug 20111236183.404.15$2,499
Jul 201137321,40294.144.52$131,792
Jun 201136629,73892.904.64$171,982
May 201154526,77298.134.40$171,407
Apr 2011572,664105.964.33$17,584
Mar 20112361996.364.06$4,728
Feb 2011282,32685.644.18$12,121
Jan 201144217,90186.504.59$120,377
Dec 201036118,31185.734.35$110,560
Nov 201017720,34580.843.80$91,525
Oct 201039521,90678.103.51$107,715
Sep 201025722,15472.633.98$106,827
Aug 20106223,82673.684.42$109,864
Jul 201034724,58672.554.74$141,626
Jun 201060124,82370.364.91$164,177
May 201041525,77971.124.24$138,695
Apr 201058226,04781.694.12$154,927
Mar 201061427,68178.394.39$169,614
Feb 201059626,78773.585.44$189,638
Jan 201046026,36274.365.96$191,431
Dec 200940321,48071.445.48$146,581
Nov 200978327,77174.593.75$162,587
Oct 200959330,21872.544.11$167,220
Sep 200973127,79265.543.06$133,085
Aug 200975633,13467.423.22$157,611
Jul 200975434,54461.133.46$165,770
Jun 200993233,51866.163.90$192,214
May 200975437,95054.743.93$190,256
Apr 200989836,68646.773.59$173,610
Mar 200981136,76342.144.06$183,397
Feb 200992935,24432.814.63$193,766
Jan 200970629,82235.865.37$185,491
Dec 200872726,61337.105.98$186,041
Nov 2008210,57955.496.86$72,687

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 2012 — as filed, then multipliedworked
Condensate            36 bbl  × $ 79.82 =     $2,874
Gas                    0 Mcf  × $  2.52 =         $0

────────────────────────────────────────────────────
Month total                                   $2,874

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/243741 is the state's own key, not one this site invented.