TIMBER STATE -C-

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

Operated by SANDRIDGE ENERGY, INC. (P-5 748016) in the SUN VALLEY, N. (TUBB, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22525District 08Field 87145500Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$230 k

Jan 1993 – Aug 2008

Value, last 12 filed months

$22 k

at the published price for each month

Months reported

188

no gaps in the span

Streams

oil, casinghead gas

The SUN VALLEY, N. (TUBB, LOWER) 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 9 leases and 26 wells, and the rule below applies to all of them.

Discovered

1969-06-30

as the register files it

Field class

Oil

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres.

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.

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	11,473 bbl	$223,649
Casinghead gas	Production	7,932 Mcf	$6,775
Total			$230,424

5,251 Mcf of this lease's gas, across 41 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 31.1273, -102.5132. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.12735, -102.51322 · 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

100.0%

2 of 2 wells

Median depth

3,297 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 3,295 and 3,298 ft, median 3,297 ft, over the 2 wells that filed a depth.

Plug dates filed

Nov 2005

2 of 2 wells

2 wells


42-37130694	1	3,295 ft	—	Nov 2005	Yes
42-37130720	2	3,298 ft	—	Nov 2005	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 (188)

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

188 months


Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	166	0	131.33	13.03	$21,801
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	69	27.44	3.64	$251
Aug 2002	0	34	25.96	3.16	$108
Jul 2002	0	4	24.58	3.06	$12
Jun 2002	0	120	23.73	3.34	$401
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	160	57	31.23	5.15	$5,290
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	69	0	28.53	4.09	$1,969
Jun 2000	0	80	29.30	4.40	$352
May 2000	114	76	27.26	3.68	$3,387
Apr 2000	267	5	24.51	3.12	$6,560
Mar 2000	262	0	28.42	2.86	$7,446
Feb 2000	0	2	27.62	2.73	$5
Jan 2000	0	56	25.27	2.48	$139
Dec 1999	0	33	24.28	2.42	$80
Nov 1999	302	15	23.19	2.43	$7,040
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	115	21.75	2.62	$301
Aug 1999	80	67	19.26	2.88	$1,733
Jul 1999	19	69	17.89	2.37	$504
Jun 1999	0	0	15.94	2.36	$0
May 1999	12	216	15.79	2.32	$691
Apr 1999	0	114	15.10	2.21	$252
Mar 1999	0	37	12.47	1.84	$68
Feb 1999	0	156	9.98	1.82	$284
Jan 1999	0	213	10.38	1.90	$405
Dec 1998	0	66	9.20	1.77	$117
Nov 1998	0	1	10.89	2.19	$2
Oct 1998	0	1	12.42	1.97	$2
Sep 1998	0	1	12.59	2.08	$2
Aug 1998	0	15	11.30	1.91	$29
Jul 1998	128	77	11.74	2.24	$1,675
Jun 1998	121	21	11.24	2.24	$1,407
May 1998	126	58	12.62	2.21	$1,718
Apr 1998	0	64	13.04	2.51	$160
Mar 1998	143	69	12.80	2.31	$1,990
Feb 1998	159	94	13.95	2.30	$2,434
Jan 1998	0	100	14.70	2.15	$215
Dec 1997	179	37	16.32	2.41	$3,010
Nov 1997	159	30	18.19	3.09	$2,985
Oct 1997	166	0	19.25	3.15	$3,196
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	145	5	17.86	2.55	$2,602
Jul 1997	160	63	17.58	2.25	$2,954
Jun 1997	143	57	17.24	2.26	$2,594
May 1997	160	103	18.97	2.31	$3,273
Apr 1997	161	45	17.88	2.08	$2,972
Mar 1997	170	0	18.95	1.94	$3,222
Feb 1997	157	185	20.49	2.21	$3,625
Jan 1997	172	51	23.48	3.54	$4,219
Dec 1996	154	208	23.32	—	$3,591
Nov 1996	167	243	21.97	—	$3,669
Oct 1996	325	363	23.31	—	$7,576
Sep 1996	540	258	22.22	—	$11,999
Aug 1996	322	205	20.26	—	$6,524
Jul 1996	86	48	19.55	—	$1,681
Jun 1996	42	25	18.73	—	$787
May 1996	173	177	19.43	—	$3,361
Apr 1996	95	36	21.51	—	$2,043
Mar 1996	0	3	19.38	—	$0
Feb 1996	0	0	16.98	—	$0
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	181	1	15.92	—	$2,882
Jul 1995	0	20	15.24	—	$0
Jun 1995	179	44	16.41	—	$2,937
May 1995	0	0	17.56	—	$0
Apr 1995	154	159	17.73	—	$2,730
Mar 1995	157	60	16.44	—	$2,581
Feb 1995	0	9	16.58	—	$0
Jan 1995	164	32	15.92	—	$2,611
Dec 1994	313	5	15.03	—	$4,704
Nov 1994	96	54	15.90	—	$1,526
Oct 1994	155	73	15.58	—	$2,415
Sep 1994	364	119	15.29	—	$5,566
Aug 1994	179	117	16.13	—	$2,887
Jul 1994	163	235	17.56	—	$2,862
Jun 1994	180	158	17.09	—	$3,076
May 1994	342	240	15.88	—	$5,431
Apr 1994	317	223	14.14	—	$4,482
Mar 1994	169	222	12.46	—	$2,106
Feb 1994	172	121	12.50	—	$2,150
Jan 1994	424	174	12.66	—	$5,368
Dec 1993	331	126	12.33	—	$4,081
Nov 1993	969	870	14.49	—	$14,041
Oct 1993	121	175	15.85	—	$1,918
Sep 1993	0	1	15.03	—	$0
Aug 1993	0	1	15.66	—	$0
Jul 1993	55	1	15.46	—	$850
Jun 1993	0	8	16.79	—	$0
May 1993	130	48	17.68	—	$2,298
Apr 1993	0	72	18.05	—	$0
Mar 1993	177	76	18.14	—	$3,211
Feb 1993	0	100	17.90	—	$0
Jan 1993	177	141	16.93	—	$2,997

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.

Jun 2008 — as filed, then multipliedworked

Oil                  166 bbl  × $131.33 =    $21,801
Casinghead gas         0 Mcf  × $ 13.03 =         $0

────────────────────────────────────────────────────
Month total                                  $21,801

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/22525 is the state's own key, not one this site invented.