SAENZ, VICENTE STATE -C-

Operated by VALOR ENERGY, LLC (P-5 881366) in the STRONG (4700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 73920District 04Field 86717666NGPA filingCondensateGasSaveExport
Value, all time
$603 k
Jan 1993 – Nov 2017
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
299
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 13 leases and 33 wells, and the rule below applies to all of them.

Discovered
1953-08-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: MULTI-49-B-20 ACRE BASIC, 200 AC. MAX.

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
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 bbl$190
GasProduction265,365 Mcf$602,473
Total$602,664

134,324 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 26.6587, -98.5247. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.65868, -98.52467 · 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
7,239 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 7,239 ft.

Completions filed
Jul 2017
1 of 1 wells

1 well

42-4270103517,239 ftJul 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 (299)

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

299 months

Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20174047.523.09$190
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 201701,15747.933.21$3,716
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
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 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013012091.233.42$410
Jan 201304391.603.42$147
Dec 2012087986.773.42$3,006
Nov 2012015886.953.62$573
Oct 201201089.383.40$34
Sep 20120694.672.92$18
Aug 20120392.662.91$9
Jul 20120885.133.02$24
Jun 20120179.822.52$3
May 20120291.612.49$5
Apr 2012041101.652.00$82
Mar 2012015105.052.22$33
Feb 2012029101.102.57$75
Jan 20120698.092.73$16
Dec 201102696.873.24$84
Nov 201103995.723.31$129
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 201104092.904.64$186
May 201102598.134.40$110
Apr 2011034105.964.33$147
Mar 2011012396.364.06$499
Feb 2011017185.644.18$715
Jan 2011013386.504.59$610
Dec 20100585.734.35$22
Nov 20100980.843.80$34
Oct 201001478.103.51$49
Sep 201001472.633.98$56
Aug 201001473.684.42$62
Jul 201005372.554.74$251
Jun 20100770.364.91$34
May 201001671.124.24$68
Apr 2010029681.694.12$1,220
Mar 201007978.394.39$347
Feb 201007373.585.44$397
Jan 2010018574.365.96$1,103
Dec 200908071.445.48$439
Nov 200901,35674.593.75$5,087
Oct 2009019072.544.11$781
Sep 200906865.543.06$208
Aug 2009011567.423.22$370
Jul 200905861.133.46$201
Jun 2009016566.163.90$643
May 2009014554.743.93$569
Apr 2009018046.773.59$646
Mar 2009017742.144.06$718
Feb 2009023332.814.63$1,079
Jan 2009030035.865.37$1,611
Dec 2008024437.105.98$1,458
Nov 2008049855.496.86$3,416
Oct 2008059375.246.92$4,105
Sep 20080338101.767.88$2,662
Aug 20080916114.228.48$7,770
Jul 20080436131.0811.39$4,966
Jun 20080670131.3313.03$8,732
May 20080313123.1711.57$3,623
Apr 20080146110.3110.45$1,526
Mar 20080556101.909.66$5,373
Feb 2008074792.538.77$6,552
Jan 2008062890.388.21$5,153
Dec 200701488.337.30$102
Nov 2007015991.677.29$1,159
Oct 2007023182.856.92$1,599
Sep 2007095775.846.24$5,976
Aug 2007035369.066.39$2,255
Jul 2007081770.906.39$5,219
Jun 2007027062.007.55$2,038
May 200701,36158.747.85$10,679
Apr 2007027559.617.81$2,146
Mar 2007028156.927.30$2,052
Feb 2007028355.108.22$2,325
Jan 2007031150.306.73$2,092
Dec 2006072256.656.92$4,995
Nov 2006048154.207.62$3,664
Oct 2006073254.906.01$4,402
Sep 2006046160.085.04$2,322
Aug 2006090368.717.34$6,628
Jul 2006063369.376.34$4,015
Jun 2006097366.286.38$6,212
May 2006071466.016.42$4,587
Apr 2006015364.397.36$1,126
Mar 2006012756.707.08$900
Feb 2006022457.597.75$1,736
Jan 200602660.598.93$232
Dec 2005030054.9413.42$4,025
Nov 200501,99454.6910.59$21,113
Oct 2005048058.3413.80$6,622
Sep 20050061.4512.08$0
Aug 2005018861.519.80$1,842
Jul 2005039355.697.84$3,083
Jun 2005047052.337.38$3,469
May 2005048445.226.65$3,219
Apr 2005093549.207.36$6,882
Mar 2005082950.377.15$5,931
Feb 2005087545.226.31$5,523
Jan 2005069243.166.32$4,375
Dec 2004042539.866.75$2,869
Nov 2004086945.286.33$5,501
Oct 2004043349.706.52$2,821
Sep 2004060243.245.28$3,181
Aug 2004071342.375.55$3,958
Jul 2004065838.286.08$4,003
Jun 2004081036.106.43$5,211
May 2004099237.486.49$6,443
Apr 2004068434.475.86$4,007
Mar 2004098134.365.53$5,425
Feb 2004068532.455.51$3,774
Jan 2004099032.036.30$6,237
Dec 200301,24130.266.30$7,820
Nov 2003090828.804.60$4,172
Oct 200301,30328.174.76$6,202
Sep 2003087326.314.75$4,146
Aug 200301,08729.765.13$5,576
Jul 200301,14129.415.17$5,900
Jun 2003098428.565.98$5,887
May 2003094826.595.97$5,662
Apr 2003085426.675.41$4,618
Mar 200301,02031.146.10$6,218
Feb 2003063733.487.93$5,049
Jan 2003096030.315.58$5,359
Dec 2002099126.914.85$4,810
Nov 2002093024.664.14$3,847
Oct 2002094926.464.23$4,013
Sep 2002043027.443.64$1,563
Aug 200201,01725.963.16$3,218
Jul 200201,29424.583.06$3,962
Jun 200201,01923.733.34$3,402
May 200201,10224.663.58$3,950
Apr 200201,18623.653.51$4,166
Mar 200201,03022.003.10$3,196
Feb 2002086418.222.38$2,053
Jan 200201,01617.172.38$2,414
Dec 200101,16616.932.36$2,757
Nov 200101,12918.072.41$2,716
Oct 200101,25919.782.53$3,184
Sep 200101,04324.262.25$2,348
Aug 200101,19724.873.05$3,655
Jul 200101,20823.933.20$3,862
Jun 200101,08724.563.82$4,157
May 200101,11225.524.31$4,790
Apr 200101,17824.685.34$6,285
Mar 200101,20024.545.38$6,452
Feb 200101,09227.755.77$6,298
Jan 200101,26827.478.40$10,650
Dec 200001,33426.889.12$12,169
Nov 200001,24432.215.66$7,039
Oct 200001,40531.235.15$7,229
Sep 200001,40831.875.19$7,303
Aug 200001,47729.644.54$6,707
Jul 200001,74728.534.09$7,145
Jun 200001,52529.304.40$6,706
May 200002,08027.263.68$7,654
Apr 200001,48624.513.12$4,630
Mar 200001,69328.422.86$4,842
Feb 200001,32327.622.73$3,607
Jan 200001,04425.272.48$2,590
Dec 1999092924.282.42$2,252
Nov 1999094723.192.43$2,305
Oct 199901,22920.982.80$3,446
Sep 199901,15821.752.62$3,033
Aug 199901,15619.262.88$3,324
Jul 199901,20317.892.37$2,854
Jun 199901,07815.942.36$2,546
May 199901,15115.792.32$2,671
Apr 199901,15715.102.21$2,555
Mar 199901,27412.471.84$2,342
Feb 199901,1849.981.82$2,152
Jan 199901,46510.381.90$2,783
Dec 199801,1369.201.77$2,014
Nov 199801,05210.892.19$2,299
Oct 199801,10912.421.97$2,184
Sep 199801,08012.592.08$2,249
Aug 199801,03511.301.91$1,974
Jul 199801,01911.742.24$2,280
Jun 199801,01911.242.24$2,280
May 1998075612.622.21$1,668
Apr 1998083213.042.51$2,084
Mar 1998077212.802.31$1,783
Feb 1998088913.952.30$2,044
Jan 199801,03714.702.15$2,235
Dec 1997069116.322.41$1,666
Nov 1997080718.193.09$2,492
Oct 1997091519.253.15$2,882
Sep 1997080917.742.95$2,391
Aug 1997065217.862.55$1,666
Jul 1997085217.582.25$1,914
Jun 1997084817.242.26$1,914
May 199701,17018.972.31$2,701
Apr 199701,07117.882.08$2,231
Mar 1997012218.951.94$237
Feb 1997037420.492.21$825
Jan 1997064523.483.54$2,283
Dec 1996064923.32$0
Nov 1996049321.97$0
Oct 1996064723.31$0
Sep 1996090522.22$0
Aug 199601,38120.26$0
Jul 199601,52319.55$0
Jun 199601,47118.73$0
May 199601,29619.43$0
Apr 1996067021.51$0
Mar 199601,20719.38$0
Feb 199601,58216.98$0
Jan 199601,77317.07$0
Dec 199501,49617.19$0
Nov 199501,01516.00$0
Oct 1995067715.43$0
Sep 199501,28816.18$0
Aug 199502,38715.92$0
Jul 199501,90815.24$0
Jun 199501,05716.41$0
May 199501,85517.56$0
Apr 199502,99117.73$0
Mar 199502,34416.44$0
Feb 199502,44816.58$0
Jan 199503,19615.92$0
Dec 199404,42115.03$0
Nov 199403,61915.90$0
Oct 199402,97215.58$0
Sep 199403,95915.29$0
Aug 199403,75316.13$0
Jul 199403,68317.56$0
Jun 199403,99217.09$0
May 199404,28615.88$0
Apr 199405,04214.14$0
Mar 199405,97212.46$0
Feb 199403,03212.50$0
Jan 199404,30912.66$0
Dec 199305,01512.33$0
Nov 199305,78614.49$0
Oct 199303,76515.85$0
Sep 199304,17015.03$0
Aug 199305,62815.66$0
Jul 199303,64815.46$0
Jun 199303,82116.79$0
May 199305,01417.68$0
Apr 199303,08418.05$0
Mar 199305,02818.14$0
Feb 1993016417.90$0
Jan 199303,90216.93$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.

Sep 2017 — as filed, then multipliedworked
Condensate             4 bbl  × $ 47.52 =       $190
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                     $190

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/73920 is the state's own key, not one this site invented.