SAND ISLAND

Operated by FITE OIL & GAS, INC. (P-5 270752) in the WOODLAWN (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 246946District 06Field 98563083CondensateGasSaveExport
Value, all time
$1.8 M
Feb 2009 – Dec 2020
Value, last 12 filed months
$40
at the published price for each month
Months reported
143
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 368 leases and 368 wells, and the rule below applies to all of them.

Discovered
1965-01-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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
CondensateDisposition6,590 bbl$532,655
GasProduction324,095 Mcf$1,273,856
Total$1,806,510

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 32.6799, -94.0645. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.67988, -94.06451 · 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
9,250 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 9,250 ft.

Completions filed
Dec 2018
1 of 1 wells

1 well

42-2033474919,250 ftDec 2018Yes

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 (143)

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

143 months

Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20201039.982.39$40
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 20190056.272.46$0
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 201801852.934.24$76
Oct 201801261.443.40$41
Sep 201802359.543.11$71
Aug 201803159.403.07$95
Jul 20180065.142.93$0
Jun 201801060.183.08$31
May 201806265.382.90$180
Apr 201804263.842.90$122
Mar 201801261.222.79$33
Feb 201802861.782.77$77
Jan 201806962.874.01$277
Dec 201705657.272.92$164
Nov 201702755.423.12$84
Oct 201703349.292.98$98
Sep 20170047.523.09$0
Aug 201703445.373.00$102
Jul 201703643.873.09$111
Jun 20170942.493.09$28
May 201705745.373.26$186
Apr 201702147.933.21$67
Mar 201704946.772.98$146
Feb 201704450.452.95$130
Jan 201702949.413.42$99
Dec 201604748.763.72$175
Nov 20160042.492.64$0
Oct 201603346.193.09$102
Sep 201603641.553.10$112
Aug 201606041.442.92$175
Jul 201604741.622.92$137
Jun 201604845.352.69$129
May 20160642.521.99$12
Apr 201602736.561.99$54
Mar 201603533.011.79$63
Feb 201604126.472.06$85
Jan 201606027.352.36$142
Dec 201507332.362.00$146
Nov 2015010538.792.17$228
Oct 20150843.552.43$19
Sep 20150042.992.76$0
Aug 2015078940.162.87$2,266
Jul 201508348.152.95$244
Jun 201519956.152.88$342
May 2015040755.212.96$1,203
Apr 201501,35849.822.71$3,676
Mar 2015041842.892.93$1,227
Feb 2015028044.662.98$833
Jan 201512,88943.433.10$9,001
Dec 201421,65854.693.59$6,064
Nov 2014058670.464.25$2,492
Oct 201403978.303.90$152
Sep 20148993186.164.05$11,435
Aug 201401,90289.394.04$7,675
Jul 201402,27596.564.18$9,509
Jun 201432,23198.164.74$10,862
May 2014033294.734.73$1,569
Apr 20141374595.944.81$13,360
Mar 20141016995.895.06$1,814
Feb 2014106697.406.19$1,383
Jan 201411890.404.86$178
Dec 201302391.824.35$100
Nov 2013010688.853.74$396
Oct 20131721,47597.423.78$22,331
Sep 201361,203104.113.72$5,097
Aug 201381,420104.253.52$5,836
Jul 201351,397102.523.72$5,706
Jun 20131891,52794.403.93$23,848
May 201391,56294.834.15$7,334
Apr 2013171,86293.964.28$9,572
Mar 2013747693.623.91$2,518
Feb 201303991.233.42$133
Jan 201304291.603.42$144
Dec 20121272086.773.42$11,088
Nov 201222,10386.953.62$7,797
Oct 201242,10389.383.40$7,507
Sep 20121912,11494.672.92$24,251
Aug 201282,43192.662.91$7,811
Jul 201231,61985.133.02$5,146
Jun 201231,51079.822.52$4,043
May 20121382,41691.612.49$18,654
Apr 201243,559101.652.00$7,513
Mar 20121533,559105.052.22$23,981
Feb 201223,266101.102.57$8,597
Jan 20122013,97698.092.73$30,587
Dec 201134,30196.873.24$14,225
Nov 20111844,45295.723.31$32,354
Oct 201104,22284.983.65$15,404
Sep 20111634,83683.623.99$32,905
Aug 201165,07383.404.15$21,550
Jul 20111925,58294.144.52$43,290
Jun 201135,07692.904.64$23,831
May 20111945,25598.134.40$42,185
Apr 201165,471105.964.33$24,343
Mar 20111896,06396.364.06$42,812
Feb 201105,12585.644.18$21,422
Jan 20111856,15386.504.59$44,237
Dec 20102106,94685.734.35$48,203
Nov 20101967,40980.843.80$43,964
Oct 20102088,53978.103.51$46,207
Sep 201027,94872.633.98$31,774
Aug 20102019,83873.684.42$58,287
Jul 201018811,17272.554.74$66,555
Jun 201038012,21370.364.91$86,708
May 201020113,54971.124.24$71,678
Apr 201020010,20181.694.12$58,394
Mar 201019814,72078.394.39$80,122
Feb 20102064,16573.585.44$37,825
Jan 201086,09074.365.96$36,916
Dec 20092154,71671.445.48$41,221
Nov 20091908,86574.593.75$47,429
Oct 200920311,05572.544.11$60,164
Sep 200922513,62965.543.06$56,516
Aug 200920317,76867.423.22$70,873
Jul 200952121,90061.133.46$107,721
Jun 200920314,04966.163.90$68,151
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20092242.144.06$92
Feb 20091132.814.63$37

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 2020 — as filed, then multipliedworked
Condensate             1 bbl  × $ 39.98 =        $40
Gas                    0 Mcf  × $  2.39 =         $0

────────────────────────────────────────────────────
Month total                                      $40

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/246946 is the state's own key, not one this site invented.