CRESTONIO PROPERTIES 'A'

Operated by SANDALWOOD EXPLORATION, L.P. (P-5 747194) in the REALITOS, EAST (2ND COLE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 283615District 04Field 75040200CondensateGasSaveExport
Value, all time
$360 k
Feb 2018 – Mar 2021
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
38
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1975-03-14
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

The Commission's schedule remark for this field reads: CHANGED TO A ONE WELL FIELD, EFFECTIVE 06/01/2018;

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
CondensateDisposition4,456 bbl$245,470
GasProduction38,233 Mcf$114,218
Total$359,688

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 27.4670, -98.4649. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.46698, -98.46486 · 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
4,700 ft
1 wells filed one
Completion to plug
3.1 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 4,700 ft.

Completions filed
Feb 2018
1 of 1 wells
Plug dates filed
Mar 2021
1 of 1 wells

Last completion to plug: a median of 3.1 years across the 1 well that filed both dates, with the middle half between 3.1 years and 3.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1313959334,700 ftFeb 2018Mar 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 (38)

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

38 months

Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202081044.642.68$3,616
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 2020101038.371.83$3,875
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020179014.751.80$2,640
Mar 202004830.341.86$89
Feb 2020010749.881.98$212
Jan 202018111457.252.09$10,601
Dec 201918210759.012.30$10,986
Nov 2019011255.302.75$308
Oct 2019011653.472.42$281
Sep 201918110755.052.66$10,248
Aug 2019012553.112.30$288
Jul 201918213656.272.46$10,576
Jun 201918015452.782.49$9,884
May 201918129358.482.74$11,388
Apr 201918433362.632.75$12,440
Mar 201936073056.803.06$22,683
Feb 2019066850.852.79$1,865
Jan 201918548146.033.23$10,068
Dec 20181831,45546.594.19$14,616
Nov 20183601,68852.934.24$26,207
Oct 20181842,16561.443.40$18,662
Sep 20185371,15859.543.11$35,572
Aug 20183632,41859.403.07$28,977
Jul 20183632,05265.142.93$29,662
Jun 20182891,92460.183.08$23,312
May 201801,47665.382.90$4,282
Apr 201801,16263.842.90$3,371
Mar 201806,47361.222.79$18,039
Feb 2018012,63161.782.77$34,939

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            81 bbl  × $ 44.64 =     $3,616
Gas                    0 Mcf  × $  2.68 =         $0

────────────────────────────────────────────────────
Month total                                   $3,616

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/283615 is the state's own key, not one this site invented.