PHILLIPS-UNIVERSITY -B-

Operated by SANDRIDGE EXPL. AND PROD., LLC (P-5 748011) in the GOLDSMITH, N. (SAN ANDRES, CON.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18557District 08Field 35654664Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$279 k
Jan 1993 – Sep 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
237
no gaps in the span
Streams
2
oil, casinghead 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 278 leases and 717 wells, and the rule below applies to all of them.

Discovered
1964-06-01
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 10 acres. The field rule took effect on 2011-05-09.

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: PER DOCKET 08-0269423 SPACING,DENSITY, AND ALLOCATION AMENDED.

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
OilDisposition7,042 bbl$274,754
Casinghead gasProduction970 Mcf$4,248
Total$279,002

35 Mcf of this lease's gas, across 35 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 (3)

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 32.1702, -102.7223. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.17030, -102.72234 · 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%
3 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
4,781 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
3100.0%
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

Between 4,685 and 4,835 ft, median 4,781 ft, over the 3 wells that filed a depth.

Completions filed
Sep 1955 – Mar 2011
3 of 3 wells

3 wells

42-0034131334,835 ftMar 2011Yes
42-0034108424,781 ftOct 2009Yes
42-0030191114,685 ftSep 1955Yes

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 (237)

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

237 months

Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010644080.843.80$5,326
Oct 20101084678.103.51$8,596
Sep 201011730672.633.98$9,715
Aug 2010948273.684.42$7,288
Jul 20103311672.554.74$2,944
Jun 2010297070.364.91$2,384
May 2010392871.124.24$2,892
Apr 2010732781.694.12$6,075
Mar 2010341178.394.39$2,714
Feb 20101073.585.44$74
Jan 20101087774.365.96$8,490
Dec 200911513271.445.48$8,939
Nov 20090074.593.75$0
Oct 200961072.544.11$4,425
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 20081670131.0811.39$21,890
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20081680110.3110.45$18,532
Mar 200800101.909.66$0
Feb 20084092.538.77$370
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20071091.677.29$92
Oct 2007170082.856.92$14,085
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 2007177050.306.73$8,903
Dec 20061056.656.92$57
Nov 20061054.207.62$54
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 2006167069.376.34$11,585
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20061064.397.36$64
Mar 20061056.707.08$57
Feb 2006172057.597.75$9,905
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 2005165061.4512.08$10,139
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 2005166045.226.65$7,507
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 2004107043.245.28$4,627
Aug 20040042.375.55$0
Jul 2004162038.286.08$6,201
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 2004146032.455.51$4,738
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003157028.804.60$4,522
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 2003169026.675.41$4,507
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 2002173026.914.85$4,655
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 2002178027.443.64$4,884
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002178024.663.58$4,389
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001143016.932.36$2,421
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001165024.873.05$4,104
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 2001174024.685.34$4,294
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000149031.235.15$4,653
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 200085028.534.09$2,425
Jun 20001029.304.40$29
May 20001027.263.68$27
Apr 20000024.513.12$0
Mar 2000161028.422.86$4,576
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 199987024.282.42$2,112
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999167021.752.62$3,632
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 1999164015.102.21$2,476
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 1998125012.421.97$1,553
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 1998147011.742.24$1,726
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 199790016.322.41$1,469
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 1997139017.742.95$2,466
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 199734017.242.26$586
May 19970018.972.31$0
Apr 1997131017.882.08$2,342
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19975023.483.54$117
Dec 199681023.32$1,889
Nov 19960021.97$0
Oct 19961023.31$23
Sep 1996140022.22$3,111
Aug 19963020.26$61
Jul 19963019.55$59
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 1996168017.07$2,868
Dec 19950117.19$0
Nov 19950116.00$0
Oct 19950115.43$0
Sep 19950116.18$0
Aug 1995171115.92$2,722
Jul 19950115.24$0
Jun 19950016.41$0
May 19950117.56$0
Apr 19950117.73$0
Mar 1995167116.44$2,745
Feb 19950116.58$0
Jan 19950115.92$0
Dec 19943115.03$45
Nov 19940115.90$0
Oct 1994149115.58$2,321
Sep 19940115.29$0
Aug 19940116.13$0
Jul 19940117.56$0
Jun 19940117.09$0
May 1994179115.88$2,843
Apr 19940114.14$0
Mar 19940112.46$0
Feb 19940112.50$0
Jan 19940112.66$0
Dec 1993175112.33$2,158
Nov 19930114.49$0
Oct 19930115.85$0
Sep 19930115.03$0
Aug 1993165115.66$2,584
Jul 19930115.46$0
Jun 19930116.79$0
May 19930117.68$0
Apr 19930118.05$0
Mar 1993162118.14$2,939
Feb 19930117.90$0
Jan 19930116.93$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.

Nov 2010 — as filed, then multipliedworked
Oil                   64 bbl  × $ 80.84 =     $5,174
Casinghead gas        40 Mcf  × $  3.80 =       $152

────────────────────────────────────────────────────
Month total                                   $5,326

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/O/18557 is the state's own key, not one this site invented.