WEST RANCH

Name: WEST RANCH lease production and value, Oct 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 186278District 08Field 08469001CondensateGasSave Export

Value, all time

$6.1 M

Oct 2001 – Nov 2007

Value, last 12 filed months

$303 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The BITTERWEED field

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

1988-08-19

as the register files it

Field class

Gas

the register's own label

Between wells

2,640 ft

minimum

From a lease line

933 ft

minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1994-03-01.

The Commission's schedule remark for this field reads: “PINON (OVERTHRUST).”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	3,106 bbl	$103,382
Gas	Production	1,093,920 Mcf	$5,972,842
Total			$6,076,223

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 30.4706, -102.7563. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.47056, -102.75635 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

7,175 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 7,175 ft.

Completions filed

Jul 2007

1 of 1 wells

1 well


42-37137095	3401	7,175 ft	Jul 2007	—	Yes

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 (74)

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

74 months


Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	37	4,492	62.00	7.55	$36,202
May 2007	0	5,223	58.74	7.85	$40,981
Apr 2007	0	5,411	59.61	7.81	$42,234
Mar 2007	0	5,802	56.92	7.30	$42,366
Feb 2007	0	6,073	55.10	8.22	$49,896
Jan 2007	50	6,093	50.30	6.73	$43,502
Dec 2006	145	5,716	56.65	6.92	$47,760
Nov 2006	110	5,917	54.20	7.62	$51,035
Oct 2006	0	6,134	54.90	6.01	$36,889
Sep 2006	0	6,237	60.08	5.04	$31,417
Aug 2006	0	6,831	68.71	7.34	$50,139
Jul 2006	0	7,653	69.37	6.34	$48,541
Jun 2006	0	15,632	66.28	6.38	$99,793
May 2006	0	8,749	66.01	6.42	$56,212
Apr 2006	0	8,600	64.39	7.36	$63,300
Mar 2006	0	9,559	56.70	7.08	$67,706
Feb 2006	100	8,227	57.59	7.75	$69,527
Jan 2006	0	9,476	60.59	8.93	$84,652
Dec 2005	0	9,292	54.94	13.42	$124,656
Nov 2005	0	10,381	54.69	10.59	$109,918
Oct 2005	0	11,060	58.34	13.80	$152,581
Sep 2005	0	10,810	61.45	12.08	$130,574
Aug 2005	0	11,484	61.51	9.80	$112,507
Jul 2005	0	11,733	55.69	7.84	$92,029
Jun 2005	140	11,349	52.33	7.38	$91,094
May 2005	0	11,679	45.22	6.65	$77,679
Apr 2005	0	12,322	49.20	7.36	$90,696
Mar 2005	0	12,932	50.37	7.15	$92,527
Feb 2005	82	11,923	45.22	6.31	$78,965
Jan 2005	0	13,919	43.16	6.32	$87,999
Dec 2004	0	13,687	39.86	6.75	$92,402
Nov 2004	0	14,086	45.28	6.33	$89,170
Oct 2004	0	15,157	49.70	6.52	$98,749
Sep 2004	86	14,912	43.24	5.28	$82,512
Aug 2004	179	14,826	42.37	5.55	$89,878
Jul 2004	0	19,059	38.28	6.08	$115,958
Jun 2004	73	16,680	36.10	6.43	$109,938
May 2004	174	16,284	37.48	6.49	$112,279
Apr 2004	0	16,972	34.47	5.86	$99,430
Mar 2004	40	18,195	34.36	5.53	$101,995
Feb 2004	0	17,211	32.45	5.51	$94,826
Jan 2004	60	19,254	32.03	6.30	$123,215
Dec 2003	0	17,472	30.26	6.30	$110,102
Nov 2003	52	18,610	28.80	4.60	$87,014
Oct 2003	50	19,734	28.17	4.76	$95,335
Sep 2003	0	19,039	26.31	4.75	$90,423
Aug 2003	115	19,659	29.76	5.13	$104,268
Jul 2003	0	20,777	29.41	5.17	$107,435
Jun 2003	101	18,053	28.56	5.98	$110,895
May 2003	0	20,927	26.59	5.97	$124,990
Apr 2003	171	22,113	26.67	5.41	$124,132
Mar 2003	0	22,883	31.14	6.10	$139,496
Feb 2003	0	19,882	33.48	7.93	$157,582
Jan 2003	127	25,436	30.31	5.58	$145,834
Dec 2002	110	26,773	26.91	4.85	$132,910
Nov 2002	0	20,832	24.66	4.14	$86,181
Oct 2002	71	24,855	26.46	4.23	$106,993
Sep 2002	175	25,354	27.44	3.64	$96,969
Aug 2002	0	27,014	25.96	3.16	$85,477
Jul 2002	0	25,711	24.58	3.06	$78,721
Jun 2002	173	25,133	23.73	3.34	$88,005
May 2002	0	27,043	24.66	3.58	$96,922
Apr 2002	0	26,690	23.65	3.51	$93,744
Mar 2002	0	28,534	22.00	3.10	$88,533
Feb 2002	30	23,781	18.22	2.38	$57,043
Jan 2002	0	31,994	17.17	2.38	$76,008
Dec 2001	150	30,321	16.93	2.36	$74,230
Nov 2001	349	23,629	18.07	2.41	$63,146
Oct 2001	156	14,639	19.78	2.53	$40,106

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            37 bbl  × $ 62.00 =     $2,294
Gas                4,492 Mcf  × $  7.55 =    $33,908

────────────────────────────────────────────────────
Month total                                  $36,202

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/186278 is the state's own key, not one this site invented.