SANDHILLS RANCH

Operated by PA PROSPECT LLC (P-5 631641) in the SAND HILLS (RUSTLER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 103964District 08Field 80473400NGPA filingGasSaveExport
Value, all time
$20 k
Jan 1993 – Sep 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
273
no gaps in the span
Streams
1
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1980-11-04
as the register files it
Field class
Gas
the register's own label
Between wells
300 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 1987-05-11.

The Commission's schedule remark for this field reads: FIELD TYPE CHANGED TO ONE WELL EFF. 8-1-04.

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
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
GasProduction11,909 Mcf$20,326
Total$20,326

5,454 Mcf of this lease's gas, across 44 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.4906, -102.6481. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49061, -102.64810 · 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
407 ft
1 wells filed one
Completion to plug
12.1 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 407 ft.

Completions filed
Aug 2003
1 of 1 wells
Plug dates filed
Sep 2015
1 of 1 wells

Last completion to plug: a median of 12.1 years across the 1 well that filed both dates, with the middle half between 12.1 years and 12.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-103327582WS407 ftAug 2003Sep 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 (273)

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

273 months

Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 20031928.565.98$114
May 20032326.595.97$137
Apr 20033126.675.41$168
Mar 200311431.146.10$695
Feb 20033733.487.93$293
Jan 20038130.315.58$452
Dec 200212926.914.85$626
Nov 200212424.664.14$513
Oct 200214826.464.23$626
Sep 200213927.443.64$505
Aug 200216525.963.16$522
Jul 200214724.583.06$450
Jun 200212023.733.34$401
May 200211724.663.58$419
Apr 200217523.653.51$615
Mar 200216922.003.10$524
Feb 200213018.222.38$309
Jan 200217417.172.38$413
Dec 200111216.932.36$265
Nov 20019518.072.41$229
Oct 200114019.782.53$354
Sep 20015224.262.25$117
Aug 20017924.873.05$241
Jul 200114623.933.20$467
Jun 200112724.563.82$486
May 200112925.524.31$556
Apr 200113824.685.34$736
Mar 200112924.545.38$694
Feb 20019727.755.77$559
Jan 2001027.478.40$0
Dec 2000026.889.12$0
Nov 2000032.215.66$0
Oct 2000031.235.15$0
Sep 2000031.875.19$0
Aug 2000029.644.54$0
Jul 2000028.534.09$0
Jun 2000029.304.40$0
May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 20001325.272.48$32
Dec 1999224.282.42$5
Nov 19992023.192.43$49
Oct 19992120.982.80$59
Sep 19991021.752.62$26
Aug 19993919.262.88$112
Jul 19995317.892.37$126
Jun 19992815.942.36$66
May 19992215.792.32$51
Apr 19993115.102.21$68
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999210.381.90$4
Dec 199849.201.77$7
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 1998312.592.08$6
Aug 19982711.301.91$52
Jul 19984511.742.24$101
Jun 19986011.242.24$134
May 19988512.622.21$188
Apr 199886113.042.51$2,157
Mar 199810112.802.31$233
Feb 19989013.952.30$207
Jan 19989614.702.15$207
Dec 199712216.322.41$294
Nov 199711618.193.09$358
Oct 199711919.253.15$375
Sep 199712617.742.95$372
Aug 199716317.862.55$416
Jul 199713817.582.25$310
Jun 199712017.242.26$271
May 199714218.972.31$328
Apr 199712717.882.08$265
Mar 199715918.951.94$308
Feb 199710520.492.21$232
Jan 199711923.483.54$421
Dec 19969923.32$0
Nov 19965021.97$0
Oct 1996023.31$0
Sep 1996022.22$0
Aug 1996020.26$0
Jul 1996519.55$0
Jun 1996018.73$0
May 19963119.43$0
Apr 19969721.51$0
Mar 199610219.38$0
Feb 199610016.98$0
Jan 199610117.07$0
Dec 199516017.19$0
Nov 199512616.00$0
Oct 199517515.43$0
Sep 199514316.18$0
Aug 199516315.92$0
Jul 199519615.24$0
Jun 199513916.41$0
May 199514217.56$0
Apr 199517217.73$0
Mar 199518216.44$0
Feb 19959616.58$0
Jan 199512015.92$0
Dec 199412115.03$0
Nov 199414115.90$0
Oct 199413615.58$0
Sep 19949515.29$0
Aug 19942516.13$0
Jul 199414017.56$0
Jun 199417417.09$0
May 199415215.88$0
Apr 199417614.14$0
Mar 199419812.46$0
Feb 199414912.50$0
Jan 199414612.66$0
Dec 199312012.33$0
Nov 199319214.49$0
Oct 199314215.85$0
Sep 199312315.03$0
Aug 199314515.66$0
Jul 199314215.46$0
Jun 19939916.79$0
May 199310317.68$0
Apr 199310218.05$0
Mar 199311218.14$0
Feb 19936217.90$0
Jan 19936016.93$0

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.

Jun 2003 — as filed, then multipliedworked
Gas                   19 Mcf  × $  5.98 =       $114

────────────────────────────────────────────────────
Month total                                     $114

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. 08/G/103964 is the state's own key, not one this site invented.