SADLER

Operated by STROUD PETROLEUM, INC. (P-5 828082) in the PERSONVILLE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 273605District 05Field 70792666CondensateGasSaveExport
Value, all time
$882 k
Apr 2014 – May 2022
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
98
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 49 leases and 49 wells, and the rule below applies to all of them.

Discovered
1969-12-01
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 40 acres. The field rule took effect on 2001-08-07.

The Commission's schedule remark for this field reads: 7640' TO 9900' PER LOG ON CHAMBERS #1.

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
CondensateDisposition504 bbl$26,767
GasProduction251,139 Mcf$855,336
Total$882,103

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 31.5414, -96.3727. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.54136, -96.37273 · 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
12,070 ft
1 wells filed one
Completion to plug
8.1 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 12,070 ft.

Completions filed
Apr 2014
1 of 1 wells
Plug dates filed
May 2022
1 of 1 wells

Last completion to plug: a median of 8.1 years across the 1 well that filed both dates, with the middle half between 8.1 years and 8.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-29331949112,070 ftApr 2014May 2022Yes

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 (98)

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

98 months

May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 202278081.844.54$6,384
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202101769.493.38$57
May 202101663.483.02$48
Apr 20210460.362.76$11
Mar 20210861.302.72$22
Feb 2021026057.805.55$1,442
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 201901656.272.46$39
Jun 201902852.782.49$70
May 201902058.482.74$55
Apr 201903762.632.75$102
Mar 201906256.803.06$190
Feb 2019019550.852.79$544
Jan 201907546.033.23$242
Dec 201801546.594.19$63
Nov 2018017752.934.24$750
Oct 2018012561.443.40$425
Sep 2018015059.543.11$466
Aug 2018028659.403.07$877
Jul 2018030765.142.93$900
Jun 2018035960.183.08$1,105
May 201801,73165.382.90$5,021
Apr 201801,56063.842.90$4,525
Mar 2018056761.222.79$1,580
Feb 201801,14061.782.77$3,153
Jan 2018033762.874.01$1,351
Dec 201703,10757.272.92$9,077
Nov 201702,70655.423.12$8,438
Oct 201701,77449.292.98$5,293
Sep 201702,41147.523.09$7,443
Aug 2017093545.373.00$2,809
Jul 201701,29143.873.09$3,986
Jun 201701,52942.493.09$4,720
May 201703,39945.373.26$11,092
Apr 201702,32747.933.21$7,473
Mar 201703,68646.772.98$10,998
Feb 201703,18850.452.95$9,413
Jan 201703,47449.413.42$11,877
Dec 20161793,67448.763.72$22,406
Nov 201604,14442.492.64$10,958
Oct 201605,43246.193.09$16,786
Sep 201604,66341.553.10$14,458
Aug 201603,98441.442.92$11,651
Jul 2016099641.622.92$2,913
Jun 201601,75345.352.69$4,708
May 201602,57642.521.99$5,129
Apr 201603,85136.561.99$7,668
Mar 201602,33033.011.79$4,180
Feb 201601,18426.472.06$2,443
Jan 201603,31327.352.36$7,833
Dec 201502,29732.362.00$4,597
Nov 201504,76438.792.17$10,325
Oct 201503,16743.552.43$7,685
Sep 201504,15442.992.76$11,458
Aug 201505,05540.162.87$14,520
Jul 201505,36048.152.95$15,786
Jun 2015737,23256.152.88$24,948
May 201508,20955.212.96$24,261
Apr 201509,80349.822.71$26,533
Mar 201509,30342.892.93$27,302
Feb 201508,67944.662.98$25,830
Jan 201517410,09043.433.10$38,842
Dec 201409,48454.693.59$34,060
Nov 2014011,75070.464.25$49,959
Oct 2014011,26478.303.90$43,940
Sep 201409,77186.164.05$39,528
Aug 2014011,49489.394.04$46,380
Jul 2014011,33296.564.18$47,363
Jun 201409,93598.164.74$47,061
May 2014011,99194.734.73$56,676
Apr 2014010,78695.944.81$51,871

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.

Jan 2022 — as filed, then multipliedworked
Condensate            78 bbl  × $ 81.84 =     $6,384
Gas                    0 Mcf  × $  4.54 =         $0

────────────────────────────────────────────────────
Month total                                   $6,384

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/273605 is the state's own key, not one this site invented.