SALE RANCH -I-

Operated by MERIT ENERGY COMPANY (P-5 561136) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22126District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$176 k
Jan 1993 – Jan 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
133
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
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 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition9,234 bbl$159,572
Casinghead gasProduction15,089 Mcf$16,087
Total$175,659

8,692 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 32.1772, -101.9518. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.17724, -101.95177 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
9,120 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
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 9,100 and 9,140 ft, median 9,120 ft, over the 2 wells that filed a depth.

Plug dates filed
Jun 1990 – Dec 2003
2 of 2 wells

2 wells

42-3173041819,140 ftDec 2003Yes
42-3173041929,100 ftJun 1990Yes

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

Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
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 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000117032.215.66$3,769
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 200006128.534.09$249
Jun 200015420929.304.40$5,431
May 2000016827.263.68$618
Apr 200014018424.513.12$4,005
Mar 200015719528.422.86$5,020
Feb 200014621427.622.73$4,616
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 199901923.192.43$46
Oct 199915816020.982.80$3,763
Sep 199916218621.752.62$4,011
Aug 1999018519.262.88$532
Jul 199915713917.892.37$3,138
Jun 199915710015.942.36$2,739
May 1999010815.792.32$251
Apr 199915112515.102.21$2,556
Mar 1999013112.471.84$241
Feb 19991581379.981.82$1,826
Jan 199915013410.381.90$1,812
Dec 199801639.201.77$289
Nov 199815614610.892.19$2,018
Oct 199816115712.421.97$2,309
Sep 1998022512.592.08$469
Aug 199816219811.301.91$2,208
Jul 199816122011.742.24$2,382
Jun 1998017611.242.24$394
May 199815422812.622.21$2,447
Apr 199815517513.042.51$2,460
Mar 1998017212.802.31$397
Feb 199817212813.952.30$2,694
Jan 199818413214.702.15$2,989
Dec 1997019216.322.41$463
Nov 199717416918.193.09$3,687
Oct 1997015619.253.15$491
Sep 199716710617.742.95$3,276
Aug 1997015017.862.55$383
Jul 199717115917.582.25$3,363
Jun 199717014917.242.26$3,267
May 1997016418.972.31$379
Apr 199717316317.882.08$3,433
Mar 1997014218.951.94$275
Feb 199716111620.492.21$3,555
Jan 199715815623.483.54$4,262
Dec 1996014123.32$0
Nov 199616417821.97$3,603
Oct 199614418423.31$3,357
Sep 1996014722.22$0
Aug 199616820120.26$3,404
Jul 1996018219.55$0
Jun 199615816418.73$2,959
May 199616612819.43$3,225
Apr 1996015621.51$0
Mar 199617713419.38$3,430
Feb 1996011216.98$0
Jan 199633713517.07$5,753
Dec 199509317.19$0
Nov 199509716.00$0
Oct 199522810315.43$3,518
Sep 1995010216.18$0
Aug 199519112715.92$3,041
Jul 199509715.24$0
Jun 199518112316.41$2,970
May 199512717317.56$2,230
Apr 1995020217.73$0
Mar 199521521316.44$3,535
Feb 1995016416.58$0
Jan 199513510615.92$2,149
Dec 199427411815.03$4,118
Nov 1994011515.90$0
Oct 1994018015.58$0
Sep 19942017615.29$3,073
Aug 1994021716.13$0
Jul 199423523817.56$4,127
Jun 1994023217.09$0
May 199423624215.88$3,748
Apr 1994023314.14$0
Mar 199414726812.46$1,832
Feb 1994021412.50$0
Jan 199419423712.66$2,456
Dec 199315422512.33$1,899
Nov 1993023614.49$0
Oct 199313523815.85$2,140
Sep 199317222615.03$2,585
Aug 1993022915.66$0
Jul 199312124915.46$1,871
Jun 199317125116.79$2,871
May 199317826117.68$3,147
Apr 1993024118.05$0
Mar 199316319418.14$2,957
Feb 199317624317.90$3,150
Jan 1993026716.93$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 2000 — as filed, then multipliedworked
Oil                  117 bbl  × $ 32.21 =     $3,769
Casinghead gas         0 Mcf  × $  5.66 =         $0

────────────────────────────────────────────────────
Month total                                   $3,769

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/22126 is the state's own key, not one this site invented.