UNIVERSITY -34-

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

Oil lease lease 19824District 08Field 33176001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$240 k
Jan 1993 – Apr 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
232
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 510 leases and 5,228 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
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 5 acres. The field rule took effect on 2008-10-20.

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: ANDRES RESERVOIRS.

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
OilDisposition11,602 bbl$239,760
Casinghead gasProduction9 Mcf$0
Total$239,760

9 Mcf of this lease's gas, across 9 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 32.1282, -102.6590. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.12822, -102.65900 · 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
4,520 ft
1 wells filed one
Completion to plug
46.3 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 4,520 ft.

Completions filed
Oct 1965
1 of 1 wells
Plug dates filed
Jan 2012
1 of 1 wells

Last completion to plug: a median of 46.3 years across the 1 well that filed both dates, with the middle half between 46.3 years and 46.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0031053414,520 ftOct 1965Jan 2012Yes

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 (232)

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

232 months

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 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20107072.633.98$508
Aug 201015073.684.42$1,105
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
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 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
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 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 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 200544052.337.38$2,303
May 20050045.226.65$0
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 2004119043.245.28$5,146
Aug 20040042.375.55$0
Jul 2004150038.286.08$5,742
Jun 20040036.106.43$0
May 2004262037.486.49$9,820
Apr 20040034.475.86$0
Mar 2004154034.365.53$5,291
Feb 20040032.455.51$0
Jan 2004205032.036.30$6,566
Dec 2003164030.266.30$4,963
Nov 20031028.804.60$29
Oct 20030028.174.76$0
Sep 2003149026.314.75$3,920
Aug 2003145029.765.13$4,315
Jul 2003167029.415.17$4,911
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 200381026.675.41$2,160
Mar 200383031.146.10$2,585
Feb 20030033.487.93$0
Jan 200391030.315.58$2,758
Dec 2002109026.914.85$2,933
Nov 20020024.664.14$0
Oct 2002106026.464.23$2,805
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 200294024.583.06$2,311
Jun 20020023.733.34$0
May 2002105024.663.58$2,589
Apr 20020023.653.51$0
Mar 200262022.003.10$1,364
Feb 2002134018.222.38$2,441
Jan 20020017.172.38$0
Dec 2001176016.932.36$2,980
Nov 20010018.072.41$0
Oct 2001105019.782.53$2,077
Sep 20010024.262.25$0
Aug 200194024.873.05$2,338
Jul 20010023.933.20$0
Jun 200187024.563.82$2,137
May 200199025.524.31$2,526
Apr 20010024.685.34$0
Mar 2001103024.545.38$2,528
Feb 20010027.755.77$0
Jan 2001103027.478.40$2,829
Dec 2000100026.889.12$2,688
Nov 20000032.215.66$0
Oct 200097031.235.15$3,029
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 200087028.534.09$2,482
Jun 20000029.304.40$0
May 2000114027.263.68$3,108
Apr 2000105024.513.12$2,574
Mar 20000028.422.86$0
Feb 200085027.622.73$2,348
Jan 20000025.272.48$0
Dec 1999106024.282.42$2,574
Nov 19990023.192.43$0
Oct 199967020.982.80$1,406
Sep 199970021.752.62$1,523
Aug 199978019.262.88$1,502
Jul 199972017.892.37$1,288
Jun 199990015.942.36$1,435
May 1999149015.792.32$2,353
Apr 19990015.102.21$0
Mar 1999103012.471.84$1,284
Feb 199911109.981.82$1,108
Jan 1999113010.381.90$1,173
Dec 1998009.201.77$0
Nov 199859010.892.19$643
Oct 1998152012.421.97$1,888
Sep 199874012.592.08$932
Aug 199881011.301.91$915
Jul 199896011.742.24$1,127
Jun 1998109011.242.24$1,225
May 199884012.622.21$1,060
Apr 19980013.042.51$0
Mar 199895012.802.31$1,216
Feb 199886013.952.30$1,200
Jan 1998110014.702.15$1,617
Dec 1997138016.322.41$2,252
Nov 19970018.193.09$0
Oct 1997106019.253.15$2,041
Sep 199787017.742.95$1,543
Aug 199799017.862.55$1,768
Jul 1997102017.582.25$1,793
Jun 199793017.242.26$1,603
May 1997136018.972.31$2,580
Apr 1997103017.882.08$1,842
Mar 1997100018.951.94$1,895
Feb 19970020.492.21$0
Jan 1997105023.483.54$2,465
Dec 199684023.32$1,959
Nov 199685021.97$1,867
Oct 1996103023.31$2,401
Sep 1996145022.22$3,222
Aug 199691020.26$1,844
Jul 1996195019.55$3,812
Jun 19960018.73$0
May 199673019.43$1,418
Apr 1996155021.51$3,334
Mar 1996118019.38$2,287
Feb 19960016.98$0
Jan 1996104017.07$1,775
Dec 199587017.19$1,496
Nov 1995102016.00$1,632
Oct 1995102015.43$1,574
Sep 1995105016.18$1,699
Aug 1995201015.92$3,200
Jul 19950015.24$0
Jun 199590016.41$1,477
May 199599017.56$1,738
Apr 199581017.73$1,436
Mar 1995105016.44$1,726
Feb 199598016.58$1,625
Jan 1995101015.92$1,608
Dec 1994169015.03$2,540
Nov 199492015.90$1,463
Oct 199496015.58$1,496
Sep 1994103015.29$1,575
Aug 199499016.13$1,597
Jul 1994197017.56$3,459
Jun 199494017.09$1,606
May 19940015.88$0
Apr 1994161014.14$2,277
Mar 1994159012.46$1,981
Feb 1994155012.50$1,938
Jan 19940012.66$0
Dec 19930012.33$0
Nov 1993160014.49$2,318
Oct 19930015.85$0
Sep 1993152115.03$2,285
Aug 1993156115.66$2,443
Jul 1993146115.46$2,257
Jun 19930116.79$0
May 1993147117.68$2,599
Apr 19930118.05$0
Mar 1993125118.14$2,268
Feb 1993149117.90$2,667
Jan 1993142116.93$2,404

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.

Sep 2010 — as filed, then multipliedworked
Oil                    7 bbl  × $ 72.63 =       $508
Casinghead gas         0 Mcf  × $  3.98 =         $0

────────────────────────────────────────────────────
Month total                                     $508

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/19824 is the state's own key, not one this site invented.