DOWNIE RANCH

Name: DOWNIE RANCH 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 THISTLE (CABALLOS NOVACULITE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29001District 08Field 89408200NGPA filingOilCasinghead gasSave Export

Value, all time

$4.5 M

Jan 1993 – May 2009

Value, last 12 filed months

at the published price for each month

Months reported

197

no gaps in the span

Streams

oil, casinghead gas

The THISTLE (CABALLOS NOVACULITE) 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 3 leases and 10 wells, and the rule below applies to all of them.

Discovered

1984-06-06

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1984-10-01.

The Commission's schedule remark for this field reads: “THE THISTLE (OVERTHRUST) FLD.”

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	4	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	153,524 bbl	$3,625,423
Casinghead gas	Production	376,180 Mcf	$881,723
Total			$4,507,146

172,765 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 (7)

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 30.7578, -102.2837. A lease has no coordinate of its own — that point is the mean of its wells, and they span 141.4 miles, so treat it as the lease's centre and not as its location.

31.48542, -101.76006 · 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%

7 of 7 wells

With a plug date

14.3%

1 of 7 wells

Median depth

3,900 ft

7 wells filed one

Completion to plug

8.0 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

7100.0%

A plug date is filed

114.3%

BothOn the schedule and plugged. Neither fact cancels the other.

114.3%

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 3,250 and 7,500 ft, median 3,900 ft, over the 7 wells that filed a depth.

Completions filed

Oct 1985 – Oct 2007

7 of 7 wells

Plug dates filed

Oct 1993

1 of 7 wells; 6 filed none

Last completion to plug: a median of 8.0 years across the 1 well that filed both dates, with the middle half between 8.0 years and 8.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells


42-37134715	1	7,500 ft	Oct 2007	—	Yes
42-37135995	304	4,000 ft	Jun 1990	—	Yes
42-37135079	402	3,250 ft	Aug 1989	—	Yes
42-37135360	404	7,000 ft	Jul 1988	—	Yes
42-37135909	303	3,900 ft	Jul 1988	—	Yes
42-37135821	301	3,300 ft	Apr 1986	—	Yes
42-33533002	2W	3,444 ft	Oct 1985	Oct 1993	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 (197)

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

197 months


May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	183	250	110.31	10.45	$22,800
Mar 2008	336	803	101.90	9.66	$41,999
Feb 2008	424	2,014	92.53	8.77	$56,897
Jan 2008	347	1,493	90.38	8.21	$43,613
Dec 2007	339	1,794	88.33	7.30	$43,044
Nov 2007	271	2,831	91.67	7.29	$45,485
Oct 2007	138	424	82.85	6.92	$14,368
Sep 2007	342	51	75.84	6.24	$26,256
Aug 2007	549	291	69.06	6.39	$39,773
Jul 2007	665	382	70.90	6.39	$49,589
Jun 2007	472	113	62.00	7.55	$30,117
May 2007	207	524	58.74	7.85	$16,271
Apr 2007	281	566	59.61	7.81	$21,168
Mar 2007	259	773	56.92	7.30	$20,387
Feb 2007	297	675	55.10	8.22	$21,911
Jan 2007	246	736	50.30	6.73	$17,325
Dec 2006	395	792	56.65	6.92	$27,856
Nov 2006	472	660	54.20	7.62	$30,610
Oct 2006	424	483	54.90	6.01	$26,182
Sep 2006	220	686	60.08	5.04	$16,673
Aug 2006	226	432	68.71	7.34	$18,699
Jul 2006	454	637	69.37	6.34	$35,534
Jun 2006	328	707	66.28	6.38	$26,253
May 2006	376	554	66.01	6.42	$28,379
Apr 2006	453	495	64.39	7.36	$32,812
Mar 2006	478	566	56.70	7.08	$31,112
Feb 2006	436	529	57.59	7.75	$29,210
Jan 2006	524	613	60.59	8.93	$37,225
Dec 2005	477	660	54.94	13.42	$35,061
Nov 2005	376	560	54.69	10.59	$26,493
Oct 2005	178	348	58.34	13.80	$15,185
Sep 2005	262	545	61.45	12.08	$22,683
Aug 2005	458	689	61.51	9.80	$34,922
Jul 2005	402	590	55.69	7.84	$27,015
Jun 2005	514	817	52.33	7.38	$32,928
May 2005	471	868	45.22	6.65	$27,072
Apr 2005	249	885	49.20	7.36	$18,765
Mar 2005	191	937	50.37	7.15	$16,325
Feb 2005	336	972	45.22	6.31	$21,329
Jan 2005	298	935	43.16	6.32	$18,773
Dec 2004	277	945	39.86	6.75	$17,421
Nov 2004	160	1,220	45.28	6.33	$14,968
Oct 2004	434	1,178	49.70	6.52	$29,245
Sep 2004	318	989	43.24	5.28	$18,976
Aug 2004	439	1,252	42.37	5.55	$25,550
Jul 2004	449	1,278	38.28	6.08	$24,963
Jun 2004	414	1,213	36.10	6.43	$22,749
May 2004	399	1,161	37.48	6.49	$22,495
Apr 2004	219	1,143	34.47	5.86	$14,245
Mar 2004	403	1,420	34.36	5.53	$21,700
Feb 2004	372	1,129	32.45	5.51	$18,292
Jan 2004	395	1,334	32.03	6.30	$21,056
Dec 2003	429	1,242	30.26	6.30	$20,808
Nov 2003	449	1,325	28.80	4.60	$19,020
Oct 2003	430	1,339	28.17	4.76	$18,486
Sep 2003	274	1,125	26.31	4.75	$12,552
Aug 2003	407	1,358	29.76	5.13	$19,078
Jul 2003	392	1,520	29.41	5.17	$19,388
Jun 2003	1,621	403	28.56	5.98	$48,707
May 2003	484	1,705	26.59	5.97	$23,053
Apr 2003	441	1,565	26.67	5.41	$20,224
Mar 2003	512	1,677	31.14	6.10	$26,167
Feb 2003	408	1,467	33.48	7.93	$25,287
Jan 2003	378	1,646	30.31	5.58	$20,645
Dec 2002	522	1,733	26.91	4.85	$22,459
Nov 2002	506	1,677	24.66	4.14	$19,416
Oct 2002	548	1,677	26.46	4.23	$21,592
Sep 2002	551	1,487	27.44	3.64	$20,525
Aug 2002	557	1,711	25.96	3.16	$19,874
Jul 2002	570	1,509	24.58	3.06	$18,631
Jun 2002	575	2,538	23.73	3.34	$22,117
May 2002	625	2,571	24.66	3.58	$24,627
Apr 2002	657	1,924	23.65	3.51	$22,296
Mar 2002	660	1,841	22.00	3.10	$20,232
Feb 2002	606	1,866	18.22	2.38	$15,474
Jan 2002	589	2,167	17.17	2.38	$15,261
Dec 2001	625	1,609	16.93	2.36	$14,386
Nov 2001	770	1,686	18.07	2.41	$17,970
Oct 2001	826	2,272	19.78	2.53	$22,084
Sep 2001	812	2,212	24.26	2.25	$24,679
Aug 2001	739	1,562	24.87	3.05	$23,148
Jul 2001	845	2,200	23.93	3.20	$27,254
Jun 2001	801	2,502	24.56	3.82	$29,241
May 2001	933	3,024	25.52	4.31	$36,836
Apr 2001	971	3,025	24.68	5.34	$40,104
Mar 2001	996	2,907	24.54	5.38	$40,071
Feb 2001	733	2,603	27.75	5.77	$35,352
Jan 2001	1,131	2,762	27.47	8.40	$54,266
Dec 2000	751	2,244	26.88	9.12	$40,658
Nov 2000	801	2,508	32.21	5.66	$39,990
Oct 2000	1,049	2,482	31.23	5.15	$45,531
Sep 2000	979	2,489	31.87	5.19	$44,110
Aug 2000	693	2,456	29.64	4.54	$31,693
Jul 2000	711	1,839	28.53	4.09	$27,806
Jun 2000	267	1,533	29.30	4.40	$14,564
May 2000	635	2,323	27.26	3.68	$25,858
Apr 2000	751	2,314	24.51	3.12	$25,617
Mar 2000	951	2,112	28.42	2.86	$33,067
Feb 2000	494	1,821	27.62	2.73	$18,609
Jan 2000	495	2,049	25.27	2.48	$17,591
Dec 1999	805	1,550	24.28	2.42	$23,302
Nov 1999	497	1,610	23.19	2.43	$15,444
Oct 1999	610	1,927	20.98	2.80	$18,201
Sep 1999	500	1,964	21.75	2.62	$16,018
Aug 1999	600	1,641	19.26	2.88	$16,275
Jul 1999	399	1,217	17.89	2.37	$10,025
Jun 1999	298	1,756	15.94	2.36	$8,898
May 1999	497	1,502	15.79	2.32	$11,334
Apr 1999	498	2,477	15.10	2.21	$12,989
Mar 1999	650	1,943	12.47	1.84	$11,677
Feb 1999	548	1,840	9.98	1.82	$8,814
Jan 1999	401	1,870	10.38	1.90	$7,715
Dec 1998	300	1,196	9.20	1.77	$4,881
Nov 1998	700	2,096	10.89	2.19	$12,204
Oct 1998	496	2,258	12.42	1.97	$10,607
Sep 1998	444	1,844	12.59	2.08	$9,430
Aug 1998	696	2,324	11.30	1.91	$12,297
Jul 1998	897	1,856	11.74	2.24	$14,683
Jun 1998	336	1,844	11.24	2.24	$7,902
May 1998	838	2,520	12.62	2.21	$16,136
Apr 1998	656	1,173	13.04	2.51	$11,493
Mar 1998	591	1,676	12.80	2.31	$11,435
Feb 1998	483	1,833	13.95	2.30	$10,952
Jan 1998	240	1,423	14.70	2.15	$6,594
Dec 1997	1,088	2,540	16.32	2.41	$23,880
Nov 1997	333	2,096	18.19	3.09	$12,530
Oct 1997	725	1,654	19.25	3.15	$19,166
Sep 1997	609	2,202	17.74	2.95	$17,310
Aug 1997	881	1,990	17.86	2.55	$20,819
Jul 1997	675	1,885	17.58	2.25	$16,102
Jun 1997	538	1,210	17.24	2.26	$12,006
May 1997	802	1,645	18.97	2.31	$19,011
Apr 1997	806	2,029	17.88	2.08	$18,637
Mar 1997	701	2,650	18.95	1.94	$18,423
Feb 1997	1,153	1,442	20.49	2.21	$26,806
Jan 1997	283	1,183	23.48	3.54	$10,832
Dec 1996	743	1,768	23.32	—	$17,327
Nov 1996	1,130	2,326	21.97	—	$24,826
Oct 1996	902	2,177	23.31	—	$21,026
Sep 1996	902	2,687	22.22	—	$20,042
Aug 1996	1,045	2,930	20.26	—	$21,172
Jul 1996	1,001	2,799	19.55	—	$19,570
Jun 1996	1,329	2,109	18.73	—	$24,892
May 1996	1,233	2,192	19.43	—	$23,957
Apr 1996	1,205	2,826	21.51	—	$25,920
Mar 1996	1,205	2,494	19.38	—	$23,353
Feb 1996	1,063	3,226	16.98	—	$18,050
Jan 1996	964	2,516	17.07	—	$16,455
Dec 1995	1,802	2,138	17.19	—	$30,976
Nov 1995	1,000	2,154	16.00	—	$16,000
Oct 1995	1,410	2,070	15.43	—	$21,756
Sep 1995	740	3,213	16.18	—	$11,973
Aug 1995	2,076	3,288	15.92	—	$33,050
Jul 1995	2,356	2,582	15.24	—	$35,905
Jun 1995	986	2,275	16.41	—	$16,180
May 1995	1,312	2,865	17.56	—	$23,039
Apr 1995	926	1,599	17.73	—	$16,418
Mar 1995	911	1,778	16.44	—	$14,977
Feb 1995	851	1,426	16.58	—	$14,110
Jan 1995	808	1,656	15.92	—	$12,863
Dec 1994	927	1,813	15.03	—	$13,933
Nov 1994	830	2,091	15.90	—	$13,197
Oct 1994	925	2,428	15.58	—	$14,412
Sep 1994	1,214	2,395	15.29	—	$18,562
Aug 1994	1,637	2,926	16.13	—	$26,405
Jul 1994	1,096	2,867	17.56	—	$19,246
Jun 1994	1,593	2,995	17.09	—	$27,224
May 1994	1,133	3,033	15.88	—	$17,992
Apr 1994	674	3,812	14.14	—	$9,530
Mar 1994	1,909	4,089	12.46	—	$23,786
Feb 1994	1,415	2,587	12.50	—	$17,688
Jan 1994	1,947	5,324	12.66	—	$24,649
Dec 1993	2,533	7,865	12.33	—	$31,232
Nov 1993	2,752	7,938	14.49	—	$39,876
Oct 1993	2,814	9,548	15.85	—	$44,602
Sep 1993	3,022	7,105	15.03	—	$45,421
Aug 1993	2,385	8,083	15.66	—	$37,349
Jul 1993	3,403	6,339	15.46	—	$52,610
Jun 1993	2,822	6,754	16.79	—	$47,381
May 1993	3,543	6,363	17.68	—	$62,640
Apr 1993	3,645	5,336	18.05	—	$65,792
Mar 1993	4,075	4,018	18.14	—	$73,921
Feb 1993	3,536	3,500	17.90	—	$63,294
Jan 1993	3,637	6,462	16.93	—	$61,574

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.

Apr 2008 — as filed, then multipliedworked

Oil                  183 bbl  × $110.31 =    $20,187
Casinghead gas       250 Mcf  × $ 10.45 =     $2,614

────────────────────────────────────────────────────
Month total                                  $22,800

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/29001 is the state's own key, not one this site invented.