REAGAN ESTATE

Name: REAGAN ESTATE lease production and value, Sep 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 203970District 05Field 89570700CondensateGasSave Export

Value, all time

$2.1 M

Sep 2004 – Jul 2019

Value, last 12 filed months

at the published price for each month

Months reported

179

no gaps in the span

Streams

condensate, gas

The THORNTON, S. (RODESSA) 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 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.

Stream	Basis	Volume	Value
Condensate	Disposition	37 bbl	$3,761
Gas	Production	321,293 Mcf	$2,109,291
Total			$2,113,053

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 31.3521, -96.5549. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.35207, -96.55494 · 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

100.0%

1 of 1 wells

Median depth

6,100 ft

1 wells filed one

Completion to plug

13.9 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 6,100 ft.

Completions filed

Sep 2004

1 of 1 wells

Plug dates filed

Aug 2018

1 of 1 wells

Last completion to plug: a median of 13.9 years across the 1 well that filed both dates, with the middle half between 13.9 years and 13.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29331583	3	6,100 ft	Sep 2004	Aug 2018	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 (179)

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

179 months


Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	22	45.37	3.00	$66
Jul 2017	0	19	43.87	3.09	$59
Jun 2017	0	23	42.49	3.09	$71
May 2017	0	7	45.37	3.26	$23
Apr 2017	0	18	47.93	3.21	$58
Mar 2017	0	37	46.77	2.98	$110
Feb 2017	0	22	50.45	2.95	$65
Jan 2017	0	22	49.41	3.42	$75
Dec 2016	0	19	48.76	3.72	$71
Nov 2016	0	15	42.49	2.64	$40
Oct 2016	0	14	46.19	3.09	$43
Sep 2016	0	12	41.55	3.10	$37
Aug 2016	0	14	41.44	2.92	$41
Jul 2016	0	15	41.62	2.92	$44
Jun 2016	0	31	45.35	2.69	$83
May 2016	0	22	42.52	1.99	$44
Apr 2016	0	11	36.56	1.99	$22
Mar 2016	0	9	33.01	1.79	$16
Feb 2016	0	20	26.47	2.06	$41
Jan 2016	0	20	27.35	2.36	$47
Dec 2015	0	52	32.36	2.00	$104
Nov 2015	0	54	38.79	2.17	$117
Oct 2015	0	57	43.55	2.43	$138
Sep 2015	0	53	42.99	2.76	$146
Aug 2015	0	22	40.16	2.87	$63
Jul 2015	0	53	48.15	2.95	$156
Jun 2015	0	58	56.15	2.88	$167
May 2015	0	60	55.21	2.96	$177
Apr 2015	0	66	49.82	2.71	$179
Mar 2015	0	22	42.89	2.93	$65
Feb 2015	0	161	44.66	2.98	$479
Jan 2015	0	76	43.43	3.10	$236
Dec 2014	0	90	54.69	3.59	$323
Nov 2014	0	69	70.46	4.25	$293
Oct 2014	0	119	78.30	3.90	$464
Sep 2014	0	241	86.16	4.05	$975
Aug 2014	0	755	89.39	4.04	$3,047
Jul 2014	0	1,052	96.56	4.18	$4,397
Jun 2014	0	56	98.16	4.74	$265
May 2014	0	79	94.73	4.73	$373
Apr 2014	0	106	95.94	4.81	$510
Mar 2014	0	136	95.89	5.06	$688
Feb 2014	0	121	97.40	6.19	$749
Jan 2014	0	652	90.40	4.86	$3,169
Dec 2013	0	1,283	91.82	4.35	$5,587
Nov 2013	0	431	88.85	3.74	$1,611
Oct 2013	0	500	97.42	3.78	$1,890
Sep 2013	0	597	104.11	3.72	$2,219
Aug 2013	0	655	104.25	3.52	$2,307
Jul 2013	0	767	102.52	3.72	$2,852
Jun 2013	0	880	94.40	3.93	$3,461
May 2013	0	1,044	94.83	4.15	$4,332
Apr 2013	0	1,004	93.96	4.28	$4,300
Mar 2013	0	1,469	93.62	3.91	$5,748
Feb 2013	0	1,247	91.23	3.42	$4,265
Jan 2013	0	1,941	91.60	3.42	$6,638
Dec 2012	0	1,283	86.77	3.42	$4,388
Nov 2012	0	988	86.95	3.62	$3,581
Oct 2012	0	1,208	89.38	3.40	$4,107
Sep 2012	0	1,800	94.67	2.92	$5,253
Aug 2012	0	428	92.66	2.91	$1,245
Jul 2012	0	155	85.13	3.02	$468
Jun 2012	0	70	79.82	2.52	$176
May 2012	0	1	91.61	2.49	$2
Apr 2012	37	125	101.65	2.00	$4,011
Mar 2012	0	169	105.05	2.22	$376
Feb 2012	0	393	101.10	2.57	$1,010
Jan 2012	0	678	98.09	2.73	$1,854
Dec 2011	0	558	96.87	3.24	$1,808
Nov 2011	0	678	95.72	3.31	$2,245
Oct 2011	0	889	84.98	3.65	$3,244
Sep 2011	0	949	83.62	3.99	$3,783
Aug 2011	0	1,979	83.40	4.15	$8,212
Jul 2011	0	2,051	94.14	4.52	$9,265
Jun 2011	0	1,914	92.90	4.64	$8,881
May 2011	0	2,049	98.13	4.40	$9,025
Apr 2011	0	2,024	105.96	4.33	$8,771
Mar 2011	0	2,067	96.36	4.06	$8,387
Feb 2011	0	1,735	85.64	4.18	$7,252
Jan 2011	0	2,432	86.50	4.59	$11,160
Dec 2010	0	2,566	85.73	4.35	$11,156
Nov 2010	0	2,026	80.84	3.80	$7,689
Oct 2010	0	2,573	78.10	3.51	$9,028
Sep 2010	0	2,870	72.63	3.98	$11,421
Aug 2010	0	2,544	73.68	4.42	$11,243
Jul 2010	0	2,615	72.55	4.74	$12,386
Jun 2010	0	2,763	70.36	4.91	$13,567
May 2010	0	2,757	71.12	4.24	$11,677
Apr 2010	0	2,663	81.69	4.12	$10,979
Mar 2010	0	3,015	78.39	4.39	$13,232
Feb 2010	0	2,247	73.58	5.44	$12,229
Jan 2010	0	2,512	74.36	5.96	$14,982
Dec 2009	0	2,330	71.44	5.48	$12,777
Nov 2009	0	1,699	74.59	3.75	$6,374
Oct 2009	0	1,757	72.54	4.11	$7,222
Sep 2009	0	2,156	65.54	3.06	$6,608
Aug 2009	0	2,131	67.42	3.22	$6,859
Jul 2009	0	2,614	61.13	3.46	$9,056
Jun 2009	0	2,149	66.16	3.90	$8,370
May 2009	0	2,314	54.74	3.93	$9,084
Apr 2009	0	2,177	46.77	3.59	$7,810
Mar 2009	0	1,925	42.14	4.06	$7,814
Feb 2009	0	2,107	32.81	4.63	$9,762
Jan 2009	0	2,184	35.86	5.37	$11,730
Dec 2008	0	2,131	37.10	5.98	$12,737
Nov 2008	0	2,206	55.49	6.86	$15,134
Oct 2008	0	2,340	75.24	6.92	$16,197
Sep 2008	0	2,337	101.76	7.88	$18,409
Aug 2008	0	2,156	114.22	8.48	$18,289
Jul 2008	0	1,991	131.08	11.39	$22,676
Jun 2008	0	2,270	131.33	13.03	$29,584
May 2008	0	2,454	123.17	11.57	$28,403
Apr 2008	0	2,448	110.31	10.45	$25,594
Mar 2008	0	2,570	101.90	9.66	$24,837
Feb 2008	0	2,362	92.53	8.77	$20,716
Jan 2008	0	2,358	90.38	8.21	$19,349
Dec 2007	0	2,677	88.33	7.30	$19,547
Nov 2007	0	2,778	91.67	7.29	$20,256
Oct 2007	0	1,404	82.85	6.92	$9,718
Sep 2007	0	2,419	75.84	6.24	$15,105
Aug 2007	0	3,431	69.06	6.39	$21,917
Jul 2007	0	2,618	70.90	6.39	$16,724
Jun 2007	0	3,022	62.00	7.55	$22,811
May 2007	0	3,222	58.74	7.85	$25,281
Apr 2007	0	3,434	59.61	7.81	$26,803
Mar 2007	0	3,723	56.92	7.30	$27,185
Feb 2007	0	3,162	55.10	8.22	$25,979
Jan 2007	0	3,109	50.30	6.73	$20,914
Dec 2006	0	3,532	56.65	6.92	$24,436
Nov 2006	0	3,730	54.20	7.62	$28,413
Oct 2006	0	4,116	54.90	6.01	$24,753
Sep 2006	0	3,870	60.08	5.04	$19,494
Aug 2006	0	3,785	68.71	7.34	$27,782
Jul 2006	0	4,095	69.37	6.34	$25,974
Jun 2006	0	4,021	66.28	6.38	$25,670
May 2006	0	4,641	66.01	6.42	$29,818
Apr 2006	0	4,488	64.39	7.36	$33,034
Mar 2006	0	4,304	56.70	7.08	$30,485
Feb 2006	0	4,874	57.59	7.75	$37,779
Jan 2006	0	4,820	60.59	8.93	$43,059
Dec 2005	0	3,796	54.94	13.42	$50,925
Nov 2005	0	4,746	54.69	10.59	$50,253
Oct 2005	0	5,277	58.34	13.80	$72,800
Sep 2005	0	5,396	61.45	12.08	$65,178
Aug 2005	0	5,511	61.51	9.80	$53,990
Jul 2005	0	5,746	55.69	7.84	$45,070
Jun 2005	0	5,737	52.33	7.38	$42,345
May 2005	0	5,680	45.22	6.65	$37,779
Apr 2005	0	5,909	49.20	7.36	$43,493
Mar 2005	0	6,539	50.37	7.15	$46,786
Feb 2005	0	5,864	45.22	6.31	$37,013
Jan 2005	0	7,277	43.16	6.32	$46,007
Dec 2004	0	8,366	39.86	6.75	$56,480
Nov 2004	0	8,661	45.28	6.33	$54,828
Oct 2004	0	10,083	49.70	6.52	$65,692
Sep 2004	0	14,090	43.24	5.28	$74,450

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.

Aug 2017 — as filed, then multipliedworked

Condensate             0 bbl  × $ 45.37 =         $0
Gas                   22 Mcf  × $  3.00 =        $66

────────────────────────────────────────────────────
Month total                                      $66

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/203970 is the state's own key, not one this site invented.