REAGAN ESTATE

Operated by SKLAR EXPLORATION COMPANY LLC (P-5 785940) in the THORNTON, S. (RODESSA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 196397District 05Field 89570700CondensateGasSaveExport
Value, all time
$2.2 M
May 2003 – Jun 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
194
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1990-03-06
as the register files it
Field class
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: AOF-1 AND AOF-2 EFFECTIVE 12/01/2003.

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
CondensateDisposition85 bbl$8,501
GasProduction336,396 Mcf$2,206,832
Total$2,215,333

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 31.3468, -96.5572. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.34681, -96.55721 · 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
9,400 ft
1 wells filed one
Completion to plug
15 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 9,400 ft.

Completions filed
May 2013
1 of 1 wells
Plug dates filed
Aug 2014
1 of 1 wells

Last completion to plug: a median of 15 months across the 1 well that filed both dates, with the middle half between 15 months and 15 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2933136519,400 ftMay 2013Aug 2014Yes

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 (194)

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

194 months

Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
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 20130091.233.42$0
Jan 20130091.603.42$0
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 20120079.822.52$0
May 20120091.612.49$0
Apr 20128373101.652.00$8,583
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010021071.124.24$889
Apr 201002681.694.12$107
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 200901071.445.48$55
Nov 200901574.593.75$56
Oct 2009027272.544.11$1,118
Sep 20090065.543.06$0
Aug 2009015767.423.22$505
Jul 200902861.133.46$97
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 200905346.773.59$190
Mar 2009019142.144.06$775
Feb 200905032.814.63$232
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 2008012114.228.48$102
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070791.677.29$51
Oct 200701,38282.856.92$9,566
Sep 2007088575.846.24$5,526
Aug 200703,63469.066.39$23,214
Jul 200702,25570.906.39$14,405
Jun 200703,25762.007.55$24,585
May 200702,94558.747.85$23,107
Apr 200703,62459.617.81$28,286
Mar 200704,36456.927.30$31,866
Feb 200703,52155.108.22$28,929
Jan 200703,32050.306.73$22,333
Dec 200603,48956.656.92$24,138
Nov 200603,29954.207.62$25,130
Oct 200604,05654.906.01$24,392
Sep 200603,75360.085.04$18,905
Aug 200603,62268.717.34$26,585
Jul 200603,56869.376.34$22,631
Jun 200603,70966.286.38$23,678
May 200604,72366.016.42$30,345
Apr 200603,83464.397.36$28,220
Mar 200603,51456.707.08$24,889
Feb 200603,83757.597.75$29,741
Jan 200603,67160.598.93$32,794
Dec 200502,92954.9413.42$39,294
Nov 200504,22154.6910.59$44,694
Oct 200505,03158.3413.80$69,406
Sep 200504,67861.4512.08$56,506
Aug 200505,06561.519.80$49,621
Jul 200505,56955.697.84$43,681
Jun 200505,66352.337.38$41,799
May 200505,88645.226.65$39,149
Apr 200506,29649.207.36$46,342
Mar 200506,80750.377.15$48,703
Feb 200506,18945.226.31$39,064
Jan 200507,16543.166.32$45,299
Dec 200407,00339.866.75$47,278
Nov 200407,25045.286.33$45,896
Oct 200407,35249.706.52$47,899
Sep 200406,94043.245.28$36,670
Aug 200407,88442.375.55$43,761
Jul 200408,98838.286.08$54,685
Jun 200409,87836.106.43$63,545
May 200405,24337.486.49$34,051
Apr 200409,29934.475.86$54,478
Mar 2004010,48134.365.53$57,961
Feb 2004010,25432.455.51$56,496
Jan 2004212,29432.036.30$77,512
Dec 200307,53030.266.30$47,451
Nov 2003012,84928.804.60$59,043
Oct 200308,58228.174.76$40,847
Sep 200309,02926.314.75$42,882
Aug 2003011,35829.765.13$58,263
Jul 2003014,85529.415.17$76,813
Jun 2003021,72728.565.98$129,992
May 200306,73526.595.97$40,226

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.

Apr 2012 — as filed, then multipliedworked
Condensate            83 bbl  × $101.65 =     $8,437
Gas                   73 Mcf  × $  2.00 =       $146

────────────────────────────────────────────────────
Month total                                   $8,583

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/196397 is the state's own key, not one this site invented.