PHILLIPS UNIVERSITY -P-

Name: PHILLIPS UNIVERSITY -P- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 21809District 08Field 35654664Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$1.1 M

Jan 1993 – Jan 2011

Value, last 12 filed months

$51 k

at the published price for each month

Months reported

217

no gaps in the span

Streams

oil, casinghead gas

The GOLDSMITH, N. (SAN ANDRES, CON.) 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 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.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	27,358 bbl	$847,298
Casinghead gas	Production	68,692 Mcf	$273,672
Total			$1,120,970

10,516 Mcf of this lease's gas, across 48 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 (2)

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 32.1603, -102.7468. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.16034, -102.74678 · 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%

2 of 2 wells

With a plug date

0.0%

0 of 2 wells

Median depth

7,385 ft

2 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

2100.0%

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 6,500 and 8,270 ft, median 7,385 ft, over the 2 wells that filed a depth.

Completions filed

Jan 1971 – Jul 1997

2 of 2 wells

2 wells


42-00333858	2	8,270 ft	Jul 1997	—	Yes
42-00304686	1	6,500 ft	Jan 1971	—	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 (217)

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

217 months


Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	71	101	71.12	4.24	$5,477
Apr 2010	77	72	81.69	4.12	$6,587
Mar 2010	207	151	78.39	4.39	$16,889
Feb 2010	287	138	73.58	5.44	$21,869
Jan 2010	81	106	74.36	5.96	$6,655
Dec 2009	88	97	71.44	5.48	$6,819
Nov 2009	94	123	74.59	3.75	$7,473
Oct 2009	95	121	72.54	4.11	$7,389
Sep 2009	85	123	65.54	3.06	$5,948
Aug 2009	88	102	67.42	3.22	$6,261
Jul 2009	80	107	61.13	3.46	$5,261
Jun 2009	73	113	66.16	3.90	$5,270
May 2009	86	135	54.74	3.93	$5,238
Apr 2009	76	80	46.77	3.59	$3,842
Mar 2009	110	100	42.14	4.06	$5,041
Feb 2009	107	98	32.81	4.63	$3,965
Jan 2009	103	116	35.86	5.37	$4,317
Dec 2008	96	135	37.10	5.98	$4,369
Nov 2008	39	71	55.49	6.86	$2,651
Oct 2008	4	0	75.24	6.92	$301
Sep 2008	66	92	101.76	7.88	$7,441
Aug 2008	112	170	114.22	8.48	$14,235
Jul 2008	111	163	131.08	11.39	$16,406
Jun 2008	132	179	131.33	13.03	$19,668
May 2008	172	241	123.17	11.57	$23,975
Apr 2008	56	96	110.31	10.45	$7,181
Mar 2008	58	98	101.90	9.66	$6,857
Feb 2008	57	85	92.53	8.77	$6,020
Jan 2008	56	84	90.38	8.21	$5,751
Dec 2007	55	89	88.33	7.30	$5,508
Nov 2007	51	184	91.67	7.29	$6,017
Oct 2007	59	184	82.85	6.92	$6,162
Sep 2007	58	60	75.84	6.24	$4,773
Aug 2007	52	70	69.06	6.39	$4,038
Jul 2007	58	106	70.90	6.39	$4,789
Jun 2007	50	126	62.00	7.55	$4,051
May 2007	49	124	58.74	7.85	$3,851
Apr 2007	49	149	59.61	7.81	$4,084
Mar 2007	45	135	56.92	7.30	$3,547
Feb 2007	35	97	55.10	8.22	$2,725
Jan 2007	51	175	50.30	6.73	$3,743
Dec 2006	50	146	56.65	6.92	$3,843
Nov 2006	31	29	54.20	7.62	$1,901
Oct 2006	29	29	54.90	6.01	$1,767
Sep 2006	39	39	60.08	5.04	$2,540
Aug 2006	36	62	68.71	7.34	$2,929
Jul 2006	58	59	69.37	6.34	$4,398
Jun 2006	54	54	66.28	6.38	$3,924
May 2006	56	62	66.01	6.42	$4,095
Apr 2006	41	66	64.39	7.36	$3,126
Mar 2006	49	83	56.70	7.08	$3,366
Feb 2006	69	93	57.59	7.75	$4,695
Jan 2006	87	146	60.59	8.93	$6,576
Dec 2005	84	158	54.94	13.42	$6,735
Nov 2005	89	109	54.69	10.59	$6,022
Oct 2005	57	95	58.34	13.80	$4,636
Sep 2005	26	87	61.45	12.08	$2,649
Aug 2005	46	124	61.51	9.80	$4,044
Jul 2005	69	190	55.69	7.84	$5,333
Jun 2005	106	263	52.33	7.38	$7,488
May 2005	149	285	45.22	6.65	$8,633
Apr 2005	237	245	49.20	7.36	$13,464
Mar 2005	173	0	50.37	7.15	$8,714
Feb 2005	31	0	45.22	6.31	$1,402
Jan 2005	31	0	43.16	6.32	$1,338
Dec 2004	146	415	39.86	6.75	$8,621
Nov 2004	245	1,115	45.28	6.33	$18,152
Oct 2004	240	1,053	49.70	6.52	$18,788
Sep 2004	169	1,063	43.24	5.28	$12,924
Aug 2004	165	1,035	42.37	5.55	$12,736
Jul 2004	165	977	38.28	6.08	$12,260
Jun 2004	289	943	36.10	6.43	$16,499
May 2004	331	1,183	37.48	6.49	$20,089
Apr 2004	241	1,320	34.47	5.86	$16,040
Mar 2004	370	1,520	34.36	5.53	$21,119
Feb 2004	311	1,372	32.45	5.51	$17,651
Jan 2004	336	1,410	32.03	6.30	$19,645
Dec 2003	422	1,312	30.26	6.30	$21,037
Nov 2003	230	1,008	28.80	4.60	$11,256
Oct 2003	129	876	28.17	4.76	$7,803
Sep 2003	103	793	26.31	4.75	$6,476
Aug 2003	132	885	29.76	5.13	$8,468
Jul 2003	117	823	29.41	5.17	$7,697
Jun 2003	114	772	28.56	5.98	$7,875
May 2003	148	792	26.59	5.97	$8,666
Apr 2003	145	403	26.67	5.41	$6,046
Mar 2003	139	500	31.14	6.10	$7,376
Feb 2003	96	476	33.48	7.93	$6,987
Jan 2003	80	530	30.31	5.58	$5,383
Dec 2002	256	836	26.91	4.85	$10,947
Nov 2002	121	363	24.66	4.14	$4,486
Oct 2002	130	344	26.46	4.23	$4,895
Sep 2002	62	263	27.44	3.64	$2,657
Aug 2002	82	232	25.96	3.16	$2,863
Jul 2002	82	297	24.58	3.06	$2,925
Jun 2002	63	388	23.73	3.34	$2,790
May 2002	107	247	24.66	3.58	$3,524
Apr 2002	79	319	23.65	3.51	$2,989
Mar 2002	73	520	22.00	3.10	$3,219
Feb 2002	88	537	18.22	2.38	$2,879
Jan 2002	73	502	17.17	2.38	$2,446
Dec 2001	92	597	16.93	2.36	$2,969
Nov 2001	198	566	18.07	2.41	$4,939
Oct 2001	192	584	19.78	2.53	$5,275
Sep 2001	204	520	24.26	2.25	$6,120
Aug 2001	216	722	24.87	3.05	$7,576
Jul 2001	277	742	23.93	3.20	$9,001
Jun 2001	315	494	24.56	3.82	$9,626
May 2001	300	548	25.52	4.31	$10,016
Apr 2001	324	572	24.68	5.34	$11,048
Mar 2001	194	374	24.54	5.38	$6,772
Feb 2001	134	312	27.75	5.77	$5,518
Jan 2001	182	359	27.47	8.40	$8,015
Dec 2000	102	303	26.88	9.12	$5,506
Nov 2000	140	331	32.21	5.66	$6,382
Oct 2000	199	426	31.23	5.15	$8,407
Sep 2000	211	419	31.87	5.19	$8,898
Aug 2000	206	411	29.64	4.54	$7,972
Jul 2000	108	404	28.53	4.09	$4,734
Jun 2000	102	405	29.30	4.40	$4,769
May 2000	118	337	27.26	3.68	$4,457
Apr 2000	102	431	24.51	3.12	$3,843
Mar 2000	79	405	28.42	2.86	$3,403
Feb 2000	66	214	27.62	2.73	$2,406
Jan 2000	83	228	25.27	2.48	$2,663
Dec 1999	78	229	24.28	2.42	$2,449
Nov 1999	90	250	23.19	2.43	$2,696
Oct 1999	78	264	20.98	2.80	$2,377
Sep 1999	84	270	21.75	2.62	$2,534
Aug 1999	84	223	19.26	2.88	$2,259
Jul 1999	76	225	17.89	2.37	$1,893
Jun 1999	74	253	15.94	2.36	$1,777
May 1999	186	263	15.79	2.32	$3,547
Apr 1999	186	458	15.10	2.21	$3,820
Mar 1999	67	485	12.47	1.84	$1,727
Feb 1999	91	447	9.98	1.82	$1,721
Jan 1999	166	478	10.38	1.90	$2,631
Dec 1998	191	520	9.20	1.77	$2,679
Nov 1998	196	509	10.89	2.19	$3,247
Oct 1998	211	595	12.42	1.97	$3,792
Sep 1998	150	469	12.59	2.08	$2,865
Aug 1998	212	588	11.30	1.91	$3,517
Jul 1998	252	586	11.74	2.24	$4,270
Jun 1998	247	535	11.24	2.24	$3,973
May 1998	185	520	12.62	2.21	$3,482
Apr 1998	107	418	13.04	2.51	$2,443
Mar 1998	158	482	12.80	2.31	$3,136
Feb 1998	351	448	13.95	2.30	$5,926
Jan 1998	341	540	14.70	2.15	$6,176
Dec 1997	400	559	16.32	2.41	$7,876
Nov 1997	392	551	18.19	3.09	$8,832
Oct 1997	155	195	19.25	3.15	$3,598
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	2	0	17.86	2.55	$36
Jul 1997	8	0	17.58	2.25	$141
Jun 1997	97	207	17.24	2.26	$2,140
May 1997	78	241	18.97	2.31	$2,036
Apr 1997	107	274	17.88	2.08	$2,484
Mar 1997	106	279	18.95	1.94	$2,550
Feb 1997	94	214	20.49	2.21	$2,398
Jan 1997	118	253	23.48	3.54	$3,666
Dec 1996	115	236	23.32	—	$2,682
Nov 1996	89	133	21.97	—	$1,955
Oct 1996	83	139	23.31	—	$1,935
Sep 1996	84	93	22.22	—	$1,866
Aug 1996	82	81	20.26	—	$1,661
Jul 1996	80	72	19.55	—	$1,564
Jun 1996	96	46	18.73	—	$1,798
May 1996	80	98	19.43	—	$1,554
Apr 1996	73	101	21.51	—	$1,570
Mar 1996	95	128	19.38	—	$1,841
Feb 1996	42	630	16.98	—	$713
Jan 1996	39	661	17.07	—	$666
Dec 1995	86	687	17.19	—	$1,478
Nov 1995	22	286	16.00	—	$352
Oct 1995	23	287	15.43	—	$355
Sep 1995	31	288	16.18	—	$502
Aug 1995	29	355	15.92	—	$462
Jul 1995	48	415	15.24	—	$732
Jun 1995	40	276	16.41	—	$656
May 1995	118	303	17.56	—	$2,072
Apr 1995	142	206	17.73	—	$2,518
Mar 1995	183	280	16.44	—	$3,009
Feb 1995	232	143	16.58	—	$3,847
Jan 1995	210	85	15.92	—	$3,343
Dec 1994	211	87	15.03	—	$3,171
Nov 1994	201	87	15.90	—	$3,196
Oct 1994	205	74	15.58	—	$3,194
Sep 1994	197	65	15.29	—	$3,012
Aug 1994	189	37	16.13	—	$3,049
Jul 1994	144	32	17.56	—	$2,529
Jun 1994	138	118	17.09	—	$2,358
May 1994	100	99	15.88	—	$1,588
Apr 1994	171	154	14.14	—	$2,418
Mar 1994	213	354	12.46	—	$2,654
Feb 1994	271	451	12.50	—	$3,388
Jan 1994	335	508	12.66	—	$4,241
Dec 1993	278	443	12.33	—	$3,428
Nov 1993	226	133	14.49	—	$3,275
Oct 1993	223	177	15.85	—	$3,535
Sep 1993	182	249	15.03	—	$2,735
Aug 1993	231	236	15.66	—	$3,617
Jul 1993	256	164	15.46	—	$3,958
Jun 1993	136	207	16.79	—	$2,283
May 1993	163	171	17.68	—	$2,882
Apr 1993	158	263	18.05	—	$2,852
Mar 1993	170	251	18.14	—	$3,084
Feb 1993	66	78	17.90	—	$1,181
Jan 1993	55	49	16.93	—	$931

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.

May 2010 — as filed, then multipliedworked

Oil                   71 bbl  × $ 71.12 =     $5,050
Casinghead gas       101 Mcf  × $  4.24 =       $428

────────────────────────────────────────────────────
Month total                                   $5,477

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/21809 is the state's own key, not one this site invented.