OVERTON GU 20

Operated by SND OPERATING, L.L.C. (P-5 797127) in the OVERTON (COTTON VALLEY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 229505District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$973 k
Jun 2007 – Dec 2016
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
115
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 702 leases and 702 wells, and the rule below applies to all of them.

Discovered
1977-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
600 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-03-25.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
High Cost Gas112007-10-01176666
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
CondensateDisposition926 bbl$70,501
GasProduction149,543 Mcf$902,150
Total$972,652

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 32.2231, -95.0465. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.22307, -95.04647 · 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
11,750 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 11,750 ft.

Completions filed
Dec 2015
1 of 1 wells

1 well

42-42332168211,750 ftDec 2015Yes

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 (115)

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

115 months

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 201677027.352.36$2,106
Dec 2015020232.362.00$404
Nov 2015042538.792.17$921
Oct 2015035543.552.43$861
Sep 2015039642.992.76$1,092
Aug 2015041440.162.87$1,189
Jul 2015046048.152.95$1,355
Jun 2015037056.152.88$1,067
May 2015045055.212.96$1,330
Apr 2015040949.822.71$1,107
Mar 2015023742.892.93$696
Feb 2015046844.662.98$1,393
Jan 201517260443.433.10$9,343
Dec 2014020154.693.59$722
Nov 2014047870.464.25$2,032
Oct 2014054578.303.90$2,126
Sep 2014038286.164.05$1,545
Aug 2014059689.394.04$2,405
Jul 2014040296.564.18$1,680
Jun 2014041998.164.74$1,985
May 2014041694.734.73$1,966
Apr 2014045095.944.81$2,164
Mar 2014046395.895.06$2,341
Feb 2014044197.406.19$2,731
Jan 2014038990.404.86$1,891
Dec 2013056391.824.35$2,452
Nov 2013046588.853.74$1,738
Oct 2013031597.423.78$1,191
Sep 20130556104.113.72$2,067
Aug 20130334104.253.52$1,177
Jul 20130370102.523.72$1,376
Jun 2013030294.403.93$1,188
May 2013046494.834.15$1,925
Apr 2013037093.964.28$1,585
Mar 2013060193.623.91$2,352
Feb 2013024991.233.42$852
Jan 2013140491.603.42$1,473
Dec 2012047586.773.42$1,625
Nov 2012010486.953.62$377
Oct 2012045789.383.40$1,554
Sep 2012047894.672.92$1,395
Aug 2012033092.662.91$960
Jul 2012054185.133.02$1,634
Jun 2012043579.822.52$1,096
May 201205991.612.49$147
Apr 20120637101.652.00$1,272
Mar 20120112105.052.22$249
Feb 20120366101.102.57$941
Jan 20121751,05698.092.73$20,053
Dec 2011043796.873.24$1,416
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011024583.623.99$977
Aug 2011035683.404.15$1,477
Jul 2011065794.144.52$2,968
Jun 2011046892.904.64$2,171
May 2011061698.134.40$2,713
Apr 20110342105.964.33$1,482
Mar 2011098096.364.06$3,976
Feb 201141,18985.644.18$5,313
Jan 201101,63386.504.59$7,493
Dec 201011,89285.734.35$8,312
Nov 201011,50080.843.80$5,774
Oct 201011,81578.103.51$6,447
Sep 201011,71272.633.98$6,885
Aug 201001,87373.684.42$8,277
Jul 201002,35372.554.74$11,145
Jun 201001,04870.364.91$5,146
May 201001,56171.124.24$6,611
Apr 201001,26481.694.12$5,211
Mar 201001,51478.394.39$6,644
Feb 201031,61173.585.44$8,988
Jan 201001,50874.365.96$8,994
Dec 200901,25171.445.48$6,860
Nov 200911,14074.593.75$4,351
Oct 200902,13172.544.11$8,759
Sep 200911,81265.543.06$5,619
Aug 200902,62367.423.22$8,442
Jul 200922,67561.133.46$9,390
Jun 200962,68966.163.90$10,871
May 20091422,10954.743.93$16,052
Apr 20090046.773.59$0
Mar 2009092042.144.06$3,734
Feb 200901,14932.814.63$5,323
Jan 200901,67735.865.37$9,007
Dec 200811,81237.105.98$10,868
Nov 200851,84255.496.86$12,914
Oct 200802,25575.246.92$15,609
Sep 200801,953101.767.88$15,384
Aug 20081462,271114.228.48$35,941
Jul 200802,509131.0811.39$28,576
Jun 200832,573131.3313.03$33,927
May 200802,837123.1711.57$32,836
Apr 200803,246110.3110.45$33,936
Mar 200843,716101.909.66$36,319
Feb 20081793,11892.538.77$43,910
Jan 200803,80190.388.21$31,190
Dec 200704,10488.337.30$29,967
Nov 200705,02091.677.29$36,604
Oct 200706,06782.856.92$41,996
Sep 200707,31775.846.24$45,689
Aug 2007010,05569.066.39$64,231
Jul 2007016,54870.906.39$105,708
Jun 200701,73462.007.55$13,089

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 2016 — as filed, then multipliedworked
Condensate            77 bbl  × $ 27.35 =     $2,106
Gas                    0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                   $2,106

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. 06/G/229505 is the state's own key, not one this site invented.