SADLER, PRESLEY GAS UNIT

Name: SADLER, PRESLEY GAS UNIT lease production and value, Aug 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LINN OPERATING, INC. (P-5 501545) in the PERSONVILLE, N (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 165397District 05Field 707944752 tax incentive programmesCondensateGasSave Export

Value, all time

$6.9 M

Aug 1997 – Sep 2015

Value, last 12 filed months

$46 k

at the published price for each month

Months reported

218

no gaps in the span

Streams

condensate, gas

The PERSONVILLE, N (CV CONSOLIDATED) field

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 292 leases and 292 wells, and the rule below applies to all of them.

Discovered

2000-06-22

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2000-06-22.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 01/01/2001.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1997-12-18	137417
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	12,003 bbl	$682,752
Gas	Production	1,590,280 Mcf	$6,222,311
Total			$6,905,063

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 31.4058, -96.4875. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.40575, -96.48749 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

11,070 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 11,070 ft.

Completions filed

Jan 2017

1 of 1 wells

1 well


42-29331199	6	11,070 ft	Jan 2017	—	Yes

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 (218)

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

218 months


Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	45	56.15	2.88	$130
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	8	49.82	2.71	$22
Mar 2015	0	242	42.89	2.93	$710
Feb 2015	11	16	44.66	2.98	$539
Jan 2015	12	249	43.43	3.10	$1,293
Dec 2014	39	6,750	54.69	3.59	$26,375
Nov 2014	32	1,544	70.46	4.25	$8,820
Oct 2014	30	1,582	78.30	3.90	$8,520
Sep 2014	29	1,543	86.16	4.05	$8,741
Aug 2014	29	1,625	89.39	4.04	$9,149
Jul 2014	43	1,651	96.56	4.18	$11,053
Jun 2014	29	1,626	98.16	4.74	$10,549
May 2014	41	1,671	94.73	4.73	$11,782
Apr 2014	46	1,647	95.94	4.81	$12,334
Mar 2014	74	1,612	95.89	5.06	$15,247
Feb 2014	31	55	97.40	6.19	$3,360
Jan 2014	53	1,640	90.40	4.86	$12,763
Dec 2013	41	1,614	91.82	4.35	$10,793
Nov 2013	34	1,544	88.85	3.74	$8,793
Oct 2013	57	1,720	97.42	3.78	$12,053
Sep 2013	37	1,766	104.11	3.72	$10,418
Aug 2013	41	1,934	104.25	3.52	$11,087
Jul 2013	64	1,990	102.52	3.72	$13,960
Jun 2013	105	1,966	94.40	3.93	$17,645
May 2013	69	2,046	94.83	4.15	$15,032
Apr 2013	73	2,406	93.96	4.28	$17,163
Mar 2013	37	2,661	93.62	3.91	$13,876
Feb 2013	63	20	91.23	3.42	$5,816
Jan 2013	92	2,268	91.60	3.42	$16,184
Dec 2012	48	790	86.77	3.42	$6,867
Nov 2012	69	2,189	86.95	3.62	$13,935
Oct 2012	58	2,198	89.38	3.40	$12,657
Sep 2012	67	2,307	94.67	2.92	$13,076
Aug 2012	69	2,310	92.66	2.91	$13,111
Jul 2012	103	2,399	85.13	3.02	$16,015
Jun 2012	118	2,475	79.82	2.52	$15,653
May 2012	183	2,790	91.61	2.49	$23,707
Apr 2012	159	2,813	101.65	2.00	$21,779
Mar 2012	167	3,534	105.05	2.22	$25,396
Feb 2012	49	1,293	101.10	2.57	$8,277
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	3	29	83.40	4.15	$371
Jul 2011	48	498	94.14	4.52	$6,768
Jun 2011	105	2,670	92.90	4.64	$22,143
May 2011	132	3,209	98.13	4.40	$27,088
Apr 2011	127	2,479	105.96	4.33	$24,199
Mar 2011	166	2,897	96.36	4.06	$27,750
Feb 2011	153	2,512	85.64	4.18	$23,603
Jan 2011	135	2,832	86.50	4.59	$24,673
Dec 2010	95	2,674	85.73	4.35	$19,770
Nov 2010	75	2,992	80.84	3.80	$17,419
Oct 2010	84	2,961	78.10	3.51	$16,950
Sep 2010	76	3,135	72.63	3.98	$17,996
Aug 2010	127	3,242	73.68	4.42	$23,685
Jul 2010	159	3,297	72.55	4.74	$27,152
Jun 2010	112	2,951	70.36	4.91	$22,371
May 2010	155	3,230	71.12	4.24	$24,703
Apr 2010	81	2,979	81.69	4.12	$18,898
Mar 2010	142	2,960	78.39	4.39	$24,122
Feb 2010	84	2,958	73.58	5.44	$22,279
Jan 2010	151	3,321	74.36	5.96	$31,035
Dec 2009	115	3,200	71.44	5.48	$25,764
Nov 2009	89	3,157	74.59	3.75	$18,482
Oct 2009	63	3,338	72.54	4.11	$18,290
Sep 2009	70	3,330	65.54	3.06	$14,793
Aug 2009	175	3,538	67.42	3.22	$23,186
Jul 2009	94	3,530	61.13	3.46	$17,976
Jun 2009	93	2,845	66.16	3.90	$17,234
May 2009	87	3,543	54.74	3.93	$18,671
Apr 2009	84	3,614	46.77	3.59	$16,894
Mar 2009	99	3,701	42.14	4.06	$19,194
Feb 2009	151	3,706	32.81	4.63	$22,124
Jan 2009	81	4,441	35.86	5.37	$26,757
Dec 2008	82	2,812	37.10	5.98	$19,850
Nov 2008	27	1,452	55.49	6.86	$11,459
Oct 2008	32	1,455	75.24	6.92	$12,479
Sep 2008	44	2,484	101.76	7.88	$24,044
Aug 2008	65	2,878	114.22	8.48	$31,838
Jul 2008	41	2,854	131.08	11.39	$37,880
Jun 2008	59	2,805	131.33	13.03	$44,305
May 2008	46	2,945	123.17	11.57	$39,752
Apr 2008	63	2,944	110.31	10.45	$37,729
Mar 2008	73	2,985	101.90	9.66	$36,286
Feb 2008	55	2,842	92.53	8.77	$30,015
Jan 2008	33	3,050	90.38	8.21	$28,010
Dec 2007	75	3,075	88.33	7.30	$29,078
Nov 2007	41	2,989	91.67	7.29	$25,553
Oct 2007	34	3,171	82.85	6.92	$24,767
Sep 2007	28	3,168	75.84	6.24	$21,905
Aug 2007	22	3,342	69.06	6.39	$22,868
Jul 2007	30	3,347	70.90	6.39	$23,507
Jun 2007	39	3,320	62.00	7.55	$27,479
May 2007	46	3,455	58.74	7.85	$29,811
Apr 2007	77	3,462	59.61	7.81	$31,612
Mar 2007	20	3,791	56.92	7.30	$28,820
Feb 2007	0	3,202	55.10	8.22	$26,308
Jan 2007	0	3,517	50.30	6.73	$23,658
Dec 2006	0	3,390	56.65	6.92	$23,454
Nov 2006	0	3,871	54.20	7.62	$29,487
Oct 2006	0	3,613	54.90	6.01	$21,728
Sep 2006	1	3,649	60.08	5.04	$18,441
Aug 2006	6	3,937	68.71	7.34	$29,310
Jul 2006	6	3,835	69.37	6.34	$24,741
Jun 2006	8	3,732	66.28	6.38	$24,355
May 2006	27	3,952	66.01	6.42	$27,174
Apr 2006	28	3,904	64.39	7.36	$30,538
Mar 2006	28	4,041	56.70	7.08	$30,210
Feb 2006	20	3,715	57.59	7.75	$29,947
Jan 2006	12	4,208	60.59	8.93	$38,318
Dec 2005	15	4,098	54.94	13.42	$55,800
Nov 2005	15	4,203	54.69	10.59	$45,323
Oct 2005	23	4,226	58.34	13.80	$59,643
Sep 2005	14	4,345	61.45	12.08	$53,344
Aug 2005	19	4,185	61.51	9.80	$42,168
Jul 2005	24	4,287	55.69	7.84	$34,962
Jun 2005	29	4,069	52.33	7.38	$31,551
May 2005	32	4,442	45.22	6.65	$30,991
Apr 2005	28	4,386	49.20	7.36	$33,661
Mar 2005	33	4,131	50.37	7.15	$31,219
Feb 2005	32	3,528	45.22	6.31	$23,715
Jan 2005	23	4,270	43.16	6.32	$27,988
Dec 2004	17	4,040	39.86	6.75	$27,952
Nov 2004	24	4,189	45.28	6.33	$27,605
Oct 2004	22	4,658	49.70	6.52	$31,441
Sep 2004	47	4,771	43.24	5.28	$27,242
Aug 2004	35	4,941	42.37	5.55	$28,909
Jul 2004	25	5,254	38.28	6.08	$32,923
Jun 2004	26	5,118	36.10	6.43	$33,863
May 2004	39	5,341	37.48	6.49	$36,149
Apr 2004	17	5,406	34.47	5.86	$32,257
Mar 2004	33	7,425	34.36	5.53	$42,195
Feb 2004	28	6,326	32.45	5.51	$35,762
Jan 2004	33	7,078	32.03	6.30	$45,646
Dec 2003	32	6,632	30.26	6.30	$42,761
Nov 2003	22	6,890	28.80	4.60	$32,294
Oct 2003	19	7,825	28.17	4.76	$37,779
Sep 2003	22	7,534	26.31	4.75	$36,361
Aug 2003	16	7,954	29.76	5.13	$41,278
Jul 2003	30	8,576	29.41	5.17	$45,227
Jun 2003	11	8,241	28.56	5.98	$49,620
May 2003	24	8,570	26.59	5.97	$51,824
Apr 2003	30	8,781	26.67	5.41	$48,281
Mar 2003	28	9,058	31.14	6.10	$56,090
Feb 2003	27	8,465	33.48	7.93	$67,997
Jan 2003	26	9,711	30.31	5.58	$54,995
Dec 2002	25	10,749	26.91	4.85	$52,846
Nov 2002	20	10,930	24.66	4.14	$45,710
Oct 2002	22	11,143	26.46	4.23	$47,707
Sep 2002	22	11,513	27.44	3.64	$42,456
Aug 2002	40	12,459	25.96	3.16	$40,461
Jul 2002	24	13,005	24.58	3.06	$40,408
Jun 2002	40	13,356	23.73	3.34	$45,535
May 2002	69	15,087	24.66	3.58	$55,773
Apr 2002	60	15,449	23.65	3.51	$55,681
Mar 2002	75	16,306	22.00	3.10	$52,243
Feb 2002	125	16,333	18.22	2.38	$41,079
Jan 2002	238	19,496	17.17	2.38	$50,403
Dec 2001	359	22,600	16.93	2.36	$59,513
Nov 2001	237	24,311	18.07	2.41	$62,763
Oct 2001	398	29,512	19.78	2.53	$82,505
Sep 2001	195	33,515	24.26	2.25	$80,184
Aug 2001	311	40,581	24.87	3.05	$131,635
Jul 2001	364	45,987	23.93	3.20	$155,735
Jun 2001	255	63,348	24.56	3.82	$248,516
May 2001	123	39,692	25.52	4.31	$174,105
Apr 2001	2	14,020	24.68	5.34	$74,851
Mar 2001	2	3,810	24.54	5.38	$20,533
Feb 2001	5	3,666	27.75	5.77	$21,281
Jan 2001	5	4,115	27.47	8.40	$34,698
Dec 2000	2	4,243	26.88	9.12	$38,761
Nov 2000	0	4,517	32.21	5.66	$25,557
Oct 2000	0	4,496	31.23	5.15	$23,134
Sep 2000	0	5,039	31.87	5.19	$26,135
Aug 2000	3	3,681	29.64	4.54	$16,803
Jul 2000	4	4,914	28.53	4.09	$20,211
Jun 2000	1	4,620	29.30	4.40	$20,345
May 2000	3	4,921	27.26	3.68	$18,190
Apr 2000	2	4,987	24.51	3.12	$15,589
Mar 2000	2	5,257	28.42	2.86	$15,091
Feb 2000	7	5,570	27.62	2.73	$15,380
Jan 2000	7	8,562	25.27	2.48	$21,415
Dec 1999	10	6,010	24.28	2.42	$14,809
Nov 1999	12	7,416	23.19	2.43	$18,329
Oct 1999	3	6,483	20.98	2.80	$18,239
Sep 1999	1	5,292	21.75	2.62	$13,881
Aug 1999	2	6,213	19.26	2.88	$17,905
Jul 1999	4	6,674	17.89	2.37	$15,905
Jun 1999	15	6,502	15.94	2.36	$15,597
May 1999	21	7,815	15.79	2.32	$18,470
Apr 1999	16	8,760	15.10	2.21	$19,584
Mar 1999	14	8,993	12.47	1.84	$16,707
Feb 1999	18	8,724	9.98	1.82	$16,038
Jan 1999	30	10,756	10.38	1.90	$20,747
Dec 1998	27	11,665	9.20	1.77	$20,934
Nov 1998	19	12,228	10.89	2.19	$26,934
Oct 1998	22	12,201	12.42	1.97	$24,300
Sep 1998	37	14,109	12.59	2.08	$29,850
Aug 1998	29	16,101	11.30	1.91	$31,038
Jul 1998	37	17,559	11.74	2.24	$39,719
Jun 1998	42	18,219	11.24	2.24	$41,233
May 1998	43	22,088	12.62	2.21	$49,276
Apr 1998	45	24,187	13.04	2.51	$61,183
Mar 1998	55	26,362	12.80	2.31	$61,585
Feb 1998	65	27,770	13.95	2.30	$64,754
Jan 1998	101	35,986	14.70	2.15	$79,027
Dec 1997	133	43,506	16.32	2.41	$107,068
Nov 1997	113	50,104	18.19	3.09	$156,790
Oct 1997	146	60,504	19.25	3.15	$193,387
Sep 1997	95	58,757	17.74	2.95	$175,305
Aug 1997	0	1,052	17.86	2.55	$2,688

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 2015 — as filed, then multipliedworked

Condensate             0 bbl  × $ 56.15 =         $0
Gas                   45 Mcf  × $  2.88 =       $130

────────────────────────────────────────────────────
Month total                                     $130

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. 05/G/165397 is the state's own key, not one this site invented.