DOWNIE RANCH

Operated by SANDRIDGE ENERGY, INC. (P-5 748016) in the THISTLE (CABALLOS B) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 30321District 08Field 89408150NGPA filingOilCasinghead gasSaveExport
Value, all time
$5.4 M
Jan 1993 – May 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
197
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1984-08-25
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 1984-11-01.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
OilDisposition188,551 bbl$4,295,756
Casinghead gasProduction465,197 Mcf$1,070,394
Total$5,366,150

213,005 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 (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 30.4583, -102.4903. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.45833, -102.49028 · 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
0.0%
0 of 1 wells
Median depth
3,500 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
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

The one well that filed a depth was drilled to 3,500 ft.

Completions filed
Apr 1988
1 of 1 wells

1 well

42-371356374073,500 ftApr 1988Yes

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 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 2008410772110.3110.45$53,298
Mar 20088437101.909.66$8,917
Feb 20081069292.538.77$10,615
Jan 2008876890.388.21$8,421
Dec 2007858288.337.30$8,107
Nov 20076812991.677.29$7,174
Oct 2007341982.856.92$2,948
Sep 200768275.846.24$5,170
Aug 20071101369.066.39$7,680
Jul 20071791770.906.39$12,800
Jun 20071,24132462.007.55$79,388
May 200767280658.747.85$45,797
Apr 200752087159.617.81$37,796
Mar 20072141,18956.927.30$20,863
Feb 20071,0001,03855.108.22$63,628
Jan 200701,13250.306.73$7,615
Dec 20064011,21856.656.92$31,143
Nov 20062901,01654.207.62$23,457
Oct 200670774454.906.01$43,289
Sep 200601,05660.085.04$5,319
Aug 200633066468.717.34$27,548
Jul 200630898069.376.34$27,582
Jun 20068551,08866.286.38$63,615
May 20068085366.016.42$10,761
Apr 200646576264.397.36$35,550
Mar 200623687156.707.08$19,550
Feb 200665581457.597.75$44,031
Jan 200620394360.598.93$20,724
Dec 20055931,01654.9413.42$46,209
Nov 20057086254.6910.59$12,956
Oct 200537653658.3413.80$29,330
Sep 200524183861.4512.08$24,932
Aug 20052801,06061.519.80$27,607
Jul 200573790755.697.84$48,158
Jun 2005531,25752.337.38$12,051
May 20057781,33545.226.65$44,060
Apr 20055751,36149.207.36$38,308
Mar 20056931,44150.377.15$45,217
Feb 2005901,49645.226.31$13,512
Jan 20054911,43843.166.32$30,283
Dec 20041,2131,45439.866.75$58,166
Nov 2004211,87745.286.33$12,833
Oct 20042711,81249.706.52$25,274
Sep 20044651,52143.245.28$28,143
Aug 20041,3011,92642.375.55$65,814
Jul 20042561,96638.286.08$21,761
Jun 20046551,86636.106.43$35,650
May 20046831,78637.486.49$37,198
Apr 20043111,75934.475.86$21,025
Mar 20046742,18434.365.53$35,236
Feb 20043951,74732.455.51$22,443
Jan 20046912,05032.036.30$35,047
Dec 20033081,91130.266.30$21,363
Nov 20039102,03828.804.60$35,573
Oct 20032852,06028.174.76$17,833
Sep 20032241,73026.314.75$14,110
Aug 20036962,09129.765.13$31,439
Jul 20033252,33929.415.17$21,653
Jun 20036902,49428.565.98$34,628
May 20035682,62326.595.97$30,769
Apr 20036032,40826.675.41$29,103
Mar 20038442,58031.146.10$42,010
Feb 20032842,25733.487.93$27,397
Jan 20037612,53230.315.58$37,200
Dec 20024492,66626.914.85$25,023
Nov 20028862,58024.664.14$32,522
Oct 20027772,58026.464.23$31,471
Sep 20027742,28827.443.64$29,556
Aug 20024242,63225.963.16$19,335
Jul 20021,0872,32224.583.06$33,828
Jun 20021,4812,30723.733.34$42,845
May 20026882,33824.663.58$25,345
Apr 20021,1721,74923.653.51$33,861
Mar 2002822,83222.003.10$10,591
Feb 20028821,86618.222.38$20,503
Jan 2002252,16717.172.38$5,577
Dec 20011,2402,47516.932.36$26,845
Nov 20015101,13718.072.41$11,951
Oct 20019961,53219.782.53$23,575
Sep 20014661,49124.262.25$14,662
Aug 20017441,05324.873.05$21,718
Jul 20011,4841,48323.933.20$40,253
Jun 20011291,68724.563.82$9,620
May 20012,3153,02425.524.31$72,104
Apr 20011,2233,02524.685.34$46,323
Mar 20011,0182,90724.545.38$40,611
Feb 20011,3472,60327.755.77$52,391
Jan 20011,6192,76227.478.40$67,671
Dec 20005972,24426.889.12$36,518
Nov 20001,6032,50832.215.66$65,823
Oct 20001,5222,48231.235.15$60,303
Sep 20001,036031.875.19$33,017
Aug 20002,0392,45629.644.54$71,588
Jul 20001,2241,84028.534.09$42,446
Jun 20004051,52329.304.40$18,564
May 20001,1112,78727.263.68$40,541
Apr 20001,1372,31424.513.12$35,078
Mar 20001,1712,11328.422.86$39,322
Feb 20008652,18527.622.73$29,849
Jan 20008672,45925.272.48$28,009
Dec 19991,4091,86124.282.42$38,721
Nov 19998691,93223.192.43$24,855
Oct 19991,0682,31320.982.80$28,892
Sep 19991,2092,35721.752.62$32,468
Aug 19991,4491,97019.262.88$33,573
Jul 19999641,46017.892.37$20,710
Jun 19997202,10615.942.36$16,451
May 19991,2011,80515.792.32$23,153
Apr 19991,2042,97215.102.21$24,743
Mar 19991,5702,33212.471.84$23,865
Feb 19991,3252,2099.981.82$17,239
Jan 19999682,24410.381.90$14,311
Dec 19987271,4359.201.77$9,233
Nov 19981,6922,51510.892.19$23,923
Oct 19981,1983,16212.421.97$21,106
Sep 19981,0731,50512.592.08$16,643
Aug 19981,6822,78911.301.91$24,326
Jul 19982,1672,22611.742.24$30,421
Jun 19986952,21311.242.24$12,763
May 19981,7363,02412.622.21$28,580
Apr 19981,2151,82613.042.51$20,418
Mar 19981,0952,60712.802.31$20,037
Feb 19988932,85213.952.30$19,014
Jan 19984462,21314.702.15$11,325
Dec 19972,0163,95116.322.41$42,427
Nov 19975333,26118.193.09$19,766
Oct 19971,4502,57419.253.15$36,020
Sep 19976743,42517.742.95$22,077
Aug 19971,4203,88117.862.55$35,276
Jul 19971,0883,67617.582.25$27,387
Jun 19978682,29317.242.26$20,140
May 19971,3123,55818.972.31$33,102
Apr 19971,3174,38717.882.08$32,685
Mar 19971,3573,71018.951.94$32,909
Feb 19971,5902,32920.492.21$37,717
Jan 19974212,64423.483.54$19,244
Dec 19969562,07423.32$22,294
Nov 19961,4122,72921.97$31,022
Oct 19961,3023,04123.31$30,350
Sep 19961,3153,76922.22$29,219
Aug 19961,3353,57820.26$27,047
Jul 19961,2132,69519.55$23,714
Jun 19961,1341,57118.73$21,240
May 19961,3792,79819.43$26,794
Apr 19961,4113,65121.51$30,351
Mar 19961,4464,69719.38$28,023
Feb 19961,3432,97316.98$22,804
Jan 19961,3292,80817.07$22,686
Dec 19952,0642,04617.19$35,480
Nov 19951,2612,59916.00$20,176
Oct 19951,4662,63215.43$22,620
Sep 19959403,48016.18$15,209
Aug 19952,2483,28315.92$35,788
Jul 19951,3932,51715.24$21,229
Jun 19951,0752,68516.41$17,641
May 19951,4103,39317.56$24,760
Apr 19951,0152,68117.73$17,996
Mar 19958603,02416.44$14,138
Feb 19951,1882,42416.58$19,697
Jan 19951,0642,38815.92$16,939
Dec 19941,2232,41815.03$18,382
Nov 19941,1522,78915.90$18,317
Oct 19941,2482,91915.58$19,444
Sep 19941,4482,77915.29$22,140
Aug 19941,8863,75916.13$30,421
Jul 19941,1663,82217.56$20,475
Jun 19941,6833,99517.09$28,762
May 19941,7303,95815.88$27,472
Apr 19941,6157,10414.14$22,836
Mar 19942,3985,74212.46$29,879
Feb 19941,7685,14812.50$22,100
Jan 19942,1517,08912.66$27,232
Dec 19932,0727,79412.33$25,548
Nov 19932,1427,40914.49$31,038
Oct 19932,1988,91115.85$34,838
Sep 19932,5866,57415.03$38,868
Aug 19932,2787,17415.66$35,673
Jul 19932,8035,61615.46$43,334
Jun 19932,2496,39816.79$37,761
May 19932,8776,11717.68$50,865
Apr 19932,8836,28618.05$52,038
Mar 19933,5439,64318.14$64,270
Feb 19932,9249,39917.90$52,340
Jan 19933,13410,62616.93$53,059

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                  410 bbl  × $110.31 =    $45,227
Casinghead gas       772 Mcf  × $ 10.45 =     $8,071

────────────────────────────────────────────────────
Month total                                  $53,298

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/30321 is the state's own key, not one this site invented.