CRESTONIO PROPERTIES 'A'

Operated by SANDALWOOD EXPLORATION, L.P. (P-5 747194) in the LONGHORN, SOUTH (4200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 281212District 04Field 54762250CondensateGasSaveExport
Value, all time
$2.7 M
Aug 2016 – Mar 2021
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
56
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 9 leases and 12 wells, and the rule below applies to all of them.

Discovered
1964-11-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition3,078 bbl$160,297
GasProduction814,184 Mcf$2,524,903
Total$2,685,201

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 27.4668, -98.4647. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.46682, -98.46468 · 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
5,050 ft
1 wells filed one
Completion to plug
6 months
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 5,050 ft.

Completions filed
Sep 2020
1 of 1 wells
Plug dates filed
Mar 2021
1 of 1 wells

Last completion to plug: a median of 6 months across the 1 well that filed both dates, with the middle half between 6 months and 6 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1313957925,050 ftSep 2020Mar 2021Yes

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 (56)

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

56 months

Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202051044.642.68$2,277
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 202079038.371.83$3,031
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 201901,28859.012.30$2,968
Nov 201903,63355.302.75$9,993
Oct 201904,62653.472.42$11,188
Sep 201904,41255.052.66$11,724
Aug 201905,33653.112.30$12,296
Jul 201904,81456.272.46$11,843
Jun 201905,43452.782.49$13,537
May 201905,88658.482.74$16,130
Apr 201907,60062.632.75$20,905
Mar 201905,80856.803.06$17,785
Feb 201904,44850.852.79$12,420
Jan 2019095346.033.23$3,076
Dec 20181915,91646.594.19$33,660
Nov 2018012,46052.934.24$52,796
Oct 201818821,55461.443.40$84,793
Sep 2018025,79159.543.11$80,158
Aug 201835026,77759.403.07$102,903
Jul 2018026,38865.142.93$77,366
Jun 201819027,36660.183.08$95,637
May 2018029,48365.382.90$85,524
Apr 201819133,50563.842.90$109,385
Mar 2018037,31861.222.79$103,999
Feb 2018028,18861.782.77$77,971
Jan 201818838,82162.874.01$167,465
Dec 2017027,83857.272.92$81,329
Nov 201714531,96755.423.12$107,721
Oct 201718034,50949.292.98$111,836
Sep 201717935,20247.523.09$117,185
Aug 2017031,31845.373.00$94,092
Jul 201718229,10243.873.09$97,830
Jun 2017027,48142.493.09$84,842
May 201719129,48645.373.26$104,890
Apr 2017022,58847.933.21$72,544
Mar 201719226,83246.772.98$89,038
Feb 2017029,39750.452.95$86,798
Jan 201719533,99649.413.42$125,860
Dec 201619527,61148.763.72$112,299
Nov 201619128,02442.492.64$82,221
Oct 2016031,02846.193.09$95,885
Sep 20160041.553.10$0
Aug 20160041.442.92$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.

Dec 2020 — as filed, then multipliedworked
Condensate            51 bbl  × $ 44.64 =     $2,277
Gas                    0 Mcf  × $  2.68 =         $0

────────────────────────────────────────────────────
Month total                                   $2,277

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/281212 is the state's own key, not one this site invented.