DOWNIE RANCH -6-

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 30946District 08Field 89408200NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.7 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 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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

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
OilDisposition21,789 bbl$611,137
Casinghead gasProduction214,510 Mcf$1,042,383
Total$1,653,520

48,929 Mcf of this lease's gas, across 43 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 30.4706, -102.4808. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

30.47064, -102.48083 · 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
50.0%
1 of 2 wells
Median depth
3,750 ft
2 wells filed one
Completion to plug
21.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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 3,500 and 4,000 ft, median 3,750 ft, over the 2 wells that filed a depth.

Completions filed
Aug 1990 – Feb 2015
2 of 2 wells
Plug dates filed
Apr 2012
1 of 2 wells; 1 filed none

Last completion to plug: a median of 21.7 years across the 1 well that filed both dates, with the middle half between 21.7 years and 21.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3713591253,500 ftFeb 2015Yes
42-3713529714,000 ftAug 1990Apr 2012Yes

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 2008159806110.3110.45$25,966
Mar 20081602,593101.909.66$41,363
Feb 200802,01492.538.77$17,664
Jan 20081571,49390.388.21$26,441
Dec 20071711,79488.337.30$28,204
Nov 200702,83191.677.29$20,643
Oct 200716642482.856.92$16,688
Sep 200704975.846.24$306
Aug 2007027869.066.39$1,776
Jul 200715936570.906.39$13,605
Jun 2007038762.007.55$2,921
May 200701,18858.747.85$9,321
Apr 200715994659.617.81$16,862
Mar 200702,04056.927.30$14,896
Feb 20071711,73955.108.22$23,710
Jan 200701,97250.306.73$13,265
Dec 20061592,01056.656.92$22,913
Nov 200601,77154.207.62$13,491
Oct 2006088454.906.01$5,316
Sep 20061611,72560.085.04$18,362
Aug 200601,35168.717.34$9,916
Jul 20061722,06369.376.34$25,017
Jun 200602,29266.286.38$14,632
May 20061591,79566.016.42$22,028
Apr 200601,60464.397.36$11,806
Mar 20061622,10156.707.08$24,067
Feb 200602,13957.597.75$16,580
Jan 20061612,48360.598.93$31,936
Dec 20051662,67454.9413.42$44,993
Nov 20051622,86554.6910.59$39,196
Oct 200502,48458.3413.80$34,269
Sep 20051572,50761.4512.08$39,930
Aug 200502,51761.519.80$24,659
Jul 200501,42355.697.84$11,162
Jun 20051472,13052.337.38$23,414
May 20051632,25945.226.65$22,396
Apr 200501,98249.207.36$14,588
Mar 20051732,17550.377.15$24,276
Feb 200503,05945.226.31$19,308
Jan 20051652,32943.166.32$21,846
Dec 20041711,64339.866.75$17,908
Nov 200403,66545.286.33$23,201
Oct 20041623,95049.706.52$33,786
Sep 20043263,17843.245.28$30,888
Aug 200404,28842.375.55$23,801
Jul 20041634,80238.286.08$35,456
Jun 20041624,38736.106.43$34,070
May 20041654,55337.486.49$35,754
Apr 20041634,32434.475.86$30,951
Mar 20041614,82234.365.53$32,198
Feb 20041603,57832.455.51$24,905
Jan 200404,49532.036.30$28,317
Dec 20031574,01030.266.30$30,020
Nov 20031584,14428.804.60$23,593
Oct 200304,17728.174.76$19,881
Sep 20031613,83626.314.75$22,454
Aug 200303,04029.765.13$15,594
Jul 200317216929.415.17$5,932
Jun 2003025128.565.98$1,502
May 2003027126.595.97$1,619
Apr 200316424826.675.41$5,715
Mar 2003026631.146.10$1,622
Feb 200315925633.487.93$7,352
Jan 2003030230.315.58$1,686
Dec 200216531226.914.85$5,955
Nov 2002030224.664.14$1,249
Oct 200216930226.464.23$5,749
Sep 2002026727.443.64$971
Aug 2002031225.963.16$987
Jul 200214227224.583.06$4,323
Jun 2002163023.733.34$3,868
May 20020024.663.58$0
Apr 2002167023.653.51$3,950
Mar 20020022.003.10$0
Feb 2002158018.222.38$2,879
Jan 20020017.172.38$0
Dec 2001166016.932.36$2,810
Nov 20010018.072.41$0
Oct 2001158019.782.53$3,125
Sep 20010024.262.25$0
Aug 2001163024.873.05$4,054
Jul 20010023.933.20$0
Jun 2001175024.563.82$4,298
May 2001166025.524.31$4,236
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 2001166027.755.77$4,607
Jan 20010027.478.40$0
Dec 2000178026.889.12$4,785
Nov 20000032.215.66$0
Oct 2000172031.235.15$5,372
Sep 20000031.875.19$0
Aug 2000177029.644.54$5,246
Jul 20001701,51528.534.09$11,046
Jun 20001601,05029.304.40$9,305
May 200096027.263.68$2,617
Apr 20000024.513.12$0
Mar 2000338028.422.86$9,606
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999336023.192.43$7,792
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 1999177019.262.88$3,409
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 1999359015.102.21$5,421
Mar 199901,66612.471.84$3,063
Feb 199901,8679.981.82$3,394
Jan 199901,89610.381.90$3,602
Dec 199801,6909.201.77$2,997
Nov 199801,62610.892.19$3,554
Oct 199801,30612.421.97$2,572
Sep 19985301,36512.592.08$9,515
Aug 199801,32711.301.91$2,531
Jul 199801,17911.742.24$2,638
Jun 199801,10711.242.24$2,477
May 19981711,65912.622.21$5,818
Apr 199801,49013.042.51$3,733
Mar 1998185012.802.31$2,368
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 199718713216.322.41$3,370
Nov 19971819018.193.09$3,570
Oct 199735611619.253.15$7,218
Sep 1997023217.742.95$686
Aug 199718143517.862.55$4,344
Jul 1997036517.582.25$820
Jun 1997020717.242.26$467
May 199717335018.972.31$4,090
Apr 199734134917.882.08$6,824
Mar 1997011318.951.94$219
Feb 199718220420.492.21$4,179
Jan 1997028223.483.54$998
Dec 199617526823.32$4,081
Nov 199618127921.97$3,977
Oct 1996019623.31$0
Sep 19961791,22922.22$3,977
Aug 19961751,42320.26$3,546
Jul 19961671,21719.55$3,265
Jun 19961771,00918.73$3,315
May 19963661,33119.43$7,111
Apr 199601,44021.51$0
Mar 19963501,26819.38$6,783
Feb 19967311,28816.98$12,412
Jan 19967281,27317.07$12,427
Dec 19951659917.19$2,836
Nov 199516431816.00$2,624
Oct 199516418815.43$2,531
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 199511049517.73$1,950
Mar 1995891,13816.44$1,463
Feb 199516559316.58$2,736
Jan 1995321,17115.92$509
Dec 199416566115.03$2,480
Nov 1994079015.90$0
Oct 199425750715.58$4,004
Sep 199434364815.29$5,244
Aug 1994069916.13$0
Jul 199426359317.56$4,618
Jun 1994087817.09$0
May 19949067415.88$1,429
Apr 19946037514.14$848
Mar 199416270712.46$2,019
Feb 199431151412.50$3,888
Jan 199425097212.66$3,165
Dec 199327264212.33$3,354
Nov 199324449314.49$3,536
Oct 199316958815.85$2,679
Sep 19934831,71515.03$7,259
Aug 19932683,54815.66$4,197
Jul 19935973,13715.46$9,230
Jun 19931512,28616.79$2,535
May 1993662,31717.68$1,167
Apr 1993411,23018.05$740
Mar 1993612,41818.14$1,107
Feb 19933533,07317.90$6,319
Jan 19934443,24116.93$7,517

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                  159 bbl  × $110.31 =    $17,539
Casinghead gas       806 Mcf  × $ 10.45 =     $8,427

────────────────────────────────────────────────────
Month total                                  $25,966

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/30946 is the state's own key, not one this site invented.