SADDLEBACK STATE 57-30

Operated by COTERRA ENERGY OPERATING CO. (P-5 103285) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 282990District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$32.1 M
May 2015 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
133
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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
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 2017-08-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: FOR THE FOLLOWING API 389-37515.

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 Gas112019-02-06218185
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
CondensateDisposition483,317 bbl$24,257,373
GasProduction2,601,279 Mcf$7,799,451
Total$32,056,824

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 31.8246, -103.9951. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.82465, -103.99506 · 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
9,689 ft
1 wells filed one
Completion to plug
11.0 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 9,689 ft.

Completions filed
Jun 2015
1 of 1 wells
Plug dates filed
Jun 2026
1 of 1 wells

Last completion to plug: a median of 11.0 years across the 1 well that filed both dates, with the middle half between 11.0 years and 11.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-389344711H9,689 ftJun 2015Jun 2026Yes

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 (133)

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

133 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202502,05767.704.27$8,780
Feb 20257019770.884.34$5,817
Jan 20251741,61874.324.28$19,855
Dec 20242342,94268.993.12$25,327
Nov 20245394,74169.052.20$47,641
Oct 20245847,35071.372.28$58,448
Sep 20243,13914,65869.612.36$253,163
Aug 20246056,39375.632.06$58,949
Jul 20247275,56279.932.15$70,048
Jun 20242,01210,51378.082.63$184,788
May 20243,87423,38678.812.20$356,723
Apr 20241,1618,17484.451.66$111,609
Mar 20241,55510,88780.301.55$141,688
Feb 20249438,01776.091.78$86,052
Jan 20241,34210,53173.023.30$132,721
Dec 20231,06311,16471.262.61$104,895
Nov 2023121077.892.81$9,425
Oct 20238335,56885.443.09$88,362
Sep 20231,0719,24889.042.74$120,655
Aug 20231,0319,68980.522.67$108,914
Jul 20231,1249,10474.852.64$108,182
Jun 20231,1449,58868.962.26$100,545
May 20231,42010,79570.622.23$124,325
Apr 20231,39010,10478.122.24$131,197
Mar 20231,2609,76272.852.39$115,153
Feb 20231,0687,93175.112.47$99,773
Jan 20231,2459,72376.533.39$128,219
Dec 20221,1338,77376.415.73$136,834
Nov 20229558,92785.005.65$131,579
Oct 20221,16710,63787.185.86$164,112
Sep 20221,24310,56984.888.16$191,788
Aug 20221,1839,46794.529.13$198,224
Jul 20221,38910,562101.587.54$220,754
Jun 20221,2169,799115.097.98$218,118
May 20221,54311,678109.378.43$267,239
Apr 20221,44612,167104.226.84$233,895
Mar 20221,58812,917108.885.08$238,473
Feb 20221,26711,52991.054.86$171,378
Jan 20221,59113,54281.844.54$191,657
Dec 20211,65716,03771.323.90$180,707
Nov 20211,75114,24677.435.24$210,184
Oct 20211,89013,59379.795.71$228,472
Sep 20211,81013,74769.865.35$200,006
Aug 20211,93614,93366.024.22$190,841
Jul 20211,72313,34270.783.98$175,083
Jun 20211,86312,06569.493.38$170,247
May 20212,09913,81463.483.02$174,931
Apr 20211,91713,21460.362.76$152,160
Mar 20212,30613,84861.302.72$178,982
Feb 20211,3105,74857.805.55$107,608
Jan 20212,82615,25450.412.81$185,327
Dec 20202,59115,43444.642.68$156,955
Nov 20202,13315,29438.772.71$124,091
Oct 20202,10313,10936.972.48$110,238
Sep 20202,20214,18337.091.99$109,911
Aug 20202,44015,86339.982.39$135,386
Jul 20201,38714,09338.371.83$78,941
Jun 20202,55015,53034.901.69$115,246
May 20201,0396,47016.921.81$29,321
Apr 20202,35315,89814.751.80$63,393
Mar 20202,49914,69530.341.86$103,097
Feb 20202,08014,05849.881.98$131,595
Jan 20202,19915,35057.252.09$158,047
Dec 20192,19314,83759.012.30$163,599
Nov 20192,14314,28055.302.75$157,788
Oct 20192,20412,57853.472.42$148,268
Sep 20192,23013,48255.052.66$158,587
Aug 20192,23611,48953.112.30$145,229
Jul 20191,94810,30556.272.46$134,965
Jun 20192,98319,70552.782.49$206,532
May 20192,58414,29758.482.74$190,291
Apr 20194422,24862.632.75$33,866
Mar 20193,80319,67356.803.06$276,251
Feb 20192,73520,07750.852.79$195,134
Jan 20194,02923,97746.033.23$262,857
Dec 20184,73424,91546.594.19$324,837
Nov 20183,55821,56052.934.24$279,680
Oct 20183,06119,08361.443.40$252,913
Sep 20184,71424,32859.543.11$356,283
Aug 20184,56022,97559.403.07$341,318
Jul 20184,69824,32965.142.93$377,357
Jun 20185,22426,93160.183.08$397,245
May 20184,76227,41765.382.90$390,871
Apr 20185,84026,17763.842.90$448,760
Mar 20185,68926,31961.222.79$421,627
Feb 20184,86827,44161.782.77$376,650
Jan 20185,06228,19762.874.01$431,299
Dec 20176,16328,84557.272.92$437,226
Nov 20175,26630,04855.423.12$385,542
Oct 20176,84230,81149.292.98$429,172
Sep 20176,60430,09347.523.09$406,728
Aug 20175,91231,51345.373.00$362,905
Jul 20176,24033,41743.873.09$376,916
Jun 20176,91635,17842.493.09$402,465
May 20176,93636,63345.373.26$434,234
Apr 20177,33837,52647.933.21$472,229
Mar 20177,88541,56146.772.98$492,786
Feb 20177,87238,57050.452.95$511,024
Jan 20178,60943,68549.413.42$574,721
Dec 20169,08139,82548.763.72$591,051
Nov 20164,64822,92442.492.64$258,113
Oct 20166,61933,12146.193.09$408,084
Sep 20166,05933,28741.553.10$354,962
Aug 20167,60940,56441.442.92$433,940
Jul 20168,51244,96441.622.92$485,759
Jun 20167,86644,23145.352.69$475,520
May 20169,28550,45942.521.99$495,264
Apr 201610,90854,52736.561.99$507,362
Mar 201613,03066,75333.011.79$549,876
Feb 20169,55743,62826.472.06$343,006
Jan 201616,53369,70627.352.36$616,988
Dec 20155,78327,94632.362.00$243,069
Nov 201515,73464,09338.792.17$749,233
Oct 201515,11066,55443.552.43$819,539
Sep 201518,71883,55542.992.76$1,035,167
Aug 201519,85088,00940.162.87$1,049,981
Jul 201523,634101,43148.152.95$1,436,700
Jun 201511,73451,06056.152.88$806,063
May 2015505555.212.96$2,923

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.

Mar 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 67.70 =         $0
Gas                2,057 Mcf  × $  4.27 =     $8,780

────────────────────────────────────────────────────
Month total                                   $8,780

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/282990 is the state's own key, not one this site invented.