LONGFELLOW

Operated by SANDRIDGE ENERGY, INC. (P-5 748016) in the BITTERWEED, S. (CABALLOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 169407District 08Field 08472075CondensateGasSave
Value, all time
$58.4 M
May 1998 – Nov 2007
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
115
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition2,133 bbl$74,390
GasProduction13,390,594 Mcf$58,314,721
Total$58,389,111

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 30.4577, -102.8106. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.45771, -102.81065 · 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
4,630 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 4,630 ft.

Completions filed
Jul 2007
1 of 1 wells

1 well

42-37136814409-L4,630 ftJul 2007Yes

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

Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 200782062.007.55$5,084
May 2007020,37358.747.85$159,852
Apr 2007012,90259.617.81$100,703
Mar 2007029,80756.927.30$217,650
Feb 2007039,24855.108.22$322,462
Jan 2007035,82250.306.73$240,969
Dec 2006028,32856.656.92$195,986
Nov 2006024,71254.207.62$188,243
Oct 200618917,06554.906.01$113,002
Sep 2006018,52860.085.04$93,329
Aug 2006037,88468.717.34$278,066
Jul 2006023,37169.376.34$148,237
Jun 2006030,83966.286.38$196,872
May 2006035,70066.016.42$229,373
Apr 2006042,22964.397.36$310,826
Mar 2006047,84256.707.08$338,861
Feb 2006063,44557.597.75$491,770
Jan 2006061,19760.598.93$546,692
Dec 2005055,84254.9413.42$749,143
Nov 2005061,72554.6910.59$653,569
Oct 2005058,96158.3413.80$813,412
Sep 2005056,72761.4512.08$685,205
Aug 2005069,28061.519.80$678,725
Jul 200518060,11155.697.84$481,513
Jun 2005059,87752.337.38$441,955
May 2005064,08545.226.65$426,240
Apr 2005068,51249.207.36$504,281
Mar 2005078,47850.377.15$561,501
Feb 2005088,57045.226.31$559,047
Jan 2005083,94143.166.32$530,692
Dec 2004088,06139.866.75$594,507
Nov 20048989,27345.286.33$569,166
Oct 2004091,09549.706.52$593,493
Sep 2004086,53743.245.28$457,253
Aug 2004090,20542.375.55$500,697
Jul 200417594,98138.286.08$584,581
Jun 2004098,54036.106.43$633,910
May 20040100,71037.486.49$654,069
Apr 2004096,56734.475.86$565,734
Mar 20040113,50734.365.53$627,710
Feb 20040109,60132.455.51$603,860
Jan 2004175116,27632.036.30$738,102
Dec 20030105,47630.266.30$664,672
Nov 20030112,57028.804.60$517,277
Oct 20030116,70028.174.76$555,450
Sep 20030118,99626.314.75$565,155
Aug 2003100123,91529.765.13$638,625
Jul 20030134,79929.415.17$697,024
Jun 20030129,67528.565.98$775,840
May 2003166128,32626.595.97$770,864
Apr 20030129,60226.675.41$700,794
Mar 20030139,98431.146.10$853,348
Feb 2003183131,90833.487.93$1,051,614
Jan 20030147,19830.315.58$821,665
Dec 2002184148,20226.914.85$724,288
Nov 20020142,85524.664.14$590,985
Oct 20020133,70326.464.23$565,446
Sep 20020139,09927.443.64$505,653
Aug 2002175131,74425.963.16$421,402
Jul 20020139,94924.583.06$428,490
Jun 2002184137,54023.733.34$463,508
May 20020156,71524.663.58$561,667
Apr 20020150,83923.653.51$529,795
Mar 2002183155,68622.003.10$487,076
Feb 20020145,55518.222.38$345,792
Jan 200268167,65117.172.38$399,453
Dec 20010139,09916.932.36$328,886
Nov 20010143,41518.072.41$344,988
Oct 20010148,16519.782.53$374,692
Sep 20010171,62124.262.25$386,374
Aug 20010174,32424.873.05$532,239
Jul 20010188,10223.933.20$601,377
Jun 2001023,63124.563.82$90,369
May 20010133,53325.524.31$575,169
Apr 20010178,91724.685.34$954,579
Mar 20010210,11524.545.38$1,129,671
Feb 20010158,00727.755.77$911,239
Jan 20010130,27727.478.40$1,094,165
Dec 20000164,23726.889.12$1,498,252
Nov 20000121,95532.215.66$690,021
Oct 20000210,85631.235.15$1,084,960
Sep 20000223,42731.875.19$1,158,804
Aug 20000222,12929.644.54$1,008,632
Jul 20000261,20628.534.09$1,068,267
Jun 20000266,42629.304.40$1,171,542
May 20000161,41927.263.68$593,982
Apr 20000190,37124.513.12$593,196
Mar 20000250,00628.422.86$714,955
Feb 20000211,68227.622.73$577,151
Jan 20000207,94425.272.48$515,805
Dec 19990145,14824.282.42$351,798
Nov 19990165,84023.192.43$403,653
Oct 19990210,21420.982.80$589,379
Sep 19990223,87321.752.62$586,290
Aug 19990266,30119.262.88$765,775
Jul 19990124,76117.892.37$295,979
Jun 1999097,35515.942.36$229,962
May 19990212,30415.792.32$492,762
Apr 19990260,08915.102.21$574,290
Mar 19990283,61912.471.84$521,385
Feb 19990237,0879.981.82$430,974
Jan 199908,68510.381.90$16,501
Dec 19980232,8479.201.77$412,912
Nov 19980190,25410.892.19$415,842
Oct 19980192,01012.421.97$378,108
Sep 1998018,32512.592.08$38,164
Aug 19980172,34811.301.91$328,728
Jul 19980120,60811.742.24$269,833
Jun 19980113,85211.242.24$254,718
May 199804,76912.622.21$10,522

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 2007 — as filed, then multipliedworked
Condensate            82 bbl  × $ 62.00 =     $5,084
Gas                    0 Mcf  × $  7.55 =         $0

────────────────────────────────────────────────────
Month total                                   $5,084

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/169407 is the state's own key, not one this site invented.