DOUBLE "M"

Operated by SANDRIDGE EXPL. AND PROD., LLC (P-5 748011) in the COWDEN, NORTH (DEEP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34969District 08Field 21289600Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$901 k
Jun 1996 – Oct 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
221
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 68 leases and 395 wells, and the rule below applies to all of them.

Discovered
1939-06-24
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 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.

The Commission's schedule remark for this field reads: SEE FIELD RULES FOR CASING REQUIREMENTS.

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
OilDisposition31,503 bbl$900,511
Casinghead gasProduction123 Mcf$426
Total$900,938

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 32.1157, -102.5840. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11570, -102.58397 · 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
100.0%
1 of 1 wells
Median depth
5,550 ft
1 wells filed one
Completion to plug
17.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 5,550 ft.

Completions filed
Jun 1996
1 of 1 wells
Plug dates filed
Nov 2013
1 of 1 wells

Last completion to plug: a median of 17.4 years across the 1 well that filed both dates, with the middle half between 17.4 years and 17.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0033786815,550 ftJun 1996Nov 2013Yes

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 (221)

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

221 months

Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201315091.233.42$1,368
Jan 201303191.603.42$106
Dec 201203186.773.42$106
Nov 201203086.953.62$109
Oct 201203189.383.40$105
Sep 20120094.672.92$0
Aug 201228092.662.91$2,594
Jul 201215085.133.02$1,277
Jun 20129079.822.52$718
May 201213091.612.49$1,191
Apr 2012350101.652.00$3,558
Mar 2012170105.052.22$1,786
Feb 2012360101.102.57$3,640
Jan 201237098.092.73$3,629
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 201120084.983.65$1,700
Sep 20110083.623.99$0
Aug 201149083.404.15$4,087
Jul 20110094.144.52$0
Jun 201148092.904.64$4,459
May 20110098.134.40$0
Apr 2011660105.964.33$6,993
Mar 201120096.364.06$1,927
Feb 201138085.644.18$3,254
Jan 201119086.504.59$1,644
Dec 201055085.734.35$4,715
Nov 201042080.843.80$3,395
Oct 201061078.103.51$4,764
Sep 201042072.633.98$3,050
Aug 201046073.684.42$3,389
Jul 201069072.554.74$5,006
Jun 201023070.364.91$1,618
May 201046071.124.24$3,272
Apr 201065081.694.12$5,310
Mar 201067078.394.39$5,252
Feb 201045073.585.44$3,311
Jan 201046074.365.96$3,421
Dec 200923071.445.48$1,643
Nov 200946074.593.75$3,431
Oct 200969072.544.11$5,005
Sep 200946065.543.06$3,015
Aug 200944067.423.22$2,966
Jul 200944061.133.46$2,690
Jun 200968066.163.90$4,499
May 200966054.743.93$3,613
Apr 200968046.773.59$3,180
Mar 200958042.144.06$2,444
Feb 200946032.814.63$1,509
Jan 200965035.865.37$2,331
Dec 200844037.105.98$1,632
Nov 200844055.496.86$2,442
Oct 200844075.246.92$3,311
Sep 2008640101.767.88$6,513
Aug 2008670114.228.48$7,653
Jul 2008670131.0811.39$8,782
Jun 2008450131.3313.03$5,910
May 2008670123.1711.57$8,252
Apr 2008670110.3110.45$7,391
Mar 2008680101.909.66$6,929
Feb 200845092.538.77$4,164
Jan 200845090.388.21$4,067
Dec 200723088.337.30$2,032
Nov 200740091.677.29$3,667
Oct 200769082.856.92$5,717
Sep 200768075.846.24$5,157
Aug 200746069.066.39$3,177
Jul 200767070.906.39$4,750
Jun 200767062.007.55$4,154
May 200766058.747.85$3,877
Apr 200744059.617.81$2,623
Mar 200781056.927.30$4,611
Feb 200746055.108.22$2,535
Jan 200767050.306.73$3,370
Dec 200623056.656.92$1,303
Nov 200667054.207.62$3,631
Oct 200669054.906.01$3,788
Sep 200664060.085.04$3,845
Aug 200668068.717.34$4,672
Jul 200668069.376.34$4,717
Jun 200645066.286.38$2,983
May 200668066.016.42$4,489
Apr 200668064.397.36$4,379
Mar 200668056.707.08$3,856
Feb 200645057.597.75$2,592
Jan 200667060.598.93$4,060
Dec 200539054.9413.42$2,143
Nov 200561054.6910.59$3,336
Oct 200568058.3413.80$3,967
Sep 200590061.4512.08$5,531
Aug 200568061.519.80$4,183
Jul 200546055.697.84$2,562
Jun 200566052.337.38$3,454
May 200566045.226.65$2,985
Apr 200560049.207.36$2,952
Mar 200568050.377.15$3,425
Feb 200566045.226.31$2,985
Jan 200569043.166.32$2,978
Dec 200491039.866.75$3,627
Nov 200452045.286.33$2,355
Oct 200468049.706.52$3,380
Sep 200490043.245.28$3,892
Aug 200488042.375.55$3,729
Jul 200470038.286.08$2,680
Jun 200467036.106.43$2,419
May 200468037.486.49$2,549
Apr 200491034.475.86$3,137
Mar 200467034.365.53$2,302
Feb 200467032.455.51$2,174
Jan 200481032.036.30$2,594
Dec 200367030.266.30$2,027
Nov 200377028.804.60$2,218
Oct 2003113028.174.76$3,183
Sep 2003125026.314.75$3,289
Aug 2003102029.765.13$3,036
Jul 2003132029.415.17$3,882
Jun 2003120028.565.98$3,427
May 2003124026.595.97$3,297
Apr 2003155026.675.41$4,134
Mar 2003173031.146.10$5,387
Feb 20030033.487.93$0
Jan 2003160030.315.58$4,850
Dec 2002176026.914.85$4,736
Nov 20020024.664.14$0
Oct 2002162026.464.23$4,287
Sep 2002172027.443.64$4,720
Aug 2002169025.963.16$4,387
Jul 20020024.583.06$0
Jun 2002172023.733.34$4,082
May 2002174024.663.58$4,291
Apr 2002176023.653.51$4,162
Mar 20020022.003.10$0
Feb 2002175018.222.38$3,189
Jan 20020017.172.38$0
Dec 2001181016.932.36$3,064
Nov 20010018.072.41$0
Oct 2001181019.782.53$3,580
Sep 2001178024.262.25$4,318
Aug 20010024.873.05$0
Jul 2001151023.933.20$3,613
Jun 2001174024.563.82$4,273
May 2001185025.524.31$4,721
Apr 2001187024.685.34$4,615
Mar 2001172024.545.38$4,221
Feb 20010027.755.77$0
Jan 2001148027.478.40$4,066
Dec 2000175026.889.12$4,704
Nov 2000167032.215.66$5,379
Oct 2000190031.235.15$5,934
Sep 2000192031.875.19$6,119
Aug 2000188029.644.54$5,572
Jul 2000181028.534.09$5,164
Jun 2000180029.304.40$5,274
May 2000182027.263.68$4,961
Apr 2000180024.513.12$4,412
Mar 2000359028.422.86$10,203
Feb 20000027.622.73$0
Jan 2000154025.272.48$3,892
Dec 1999170024.282.42$4,128
Nov 1999195023.192.43$4,522
Oct 19990020.982.80$0
Sep 1999160021.752.62$3,480
Aug 1999175019.262.88$3,371
Jul 1999346017.892.37$6,190
Jun 1999173015.942.36$2,758
May 1999196015.792.32$3,095
Apr 1999193015.102.21$2,914
Mar 1999362012.471.84$4,514
Feb 1999009.981.82$0
Jan 1999187010.381.90$1,941
Dec 199818309.201.77$1,684
Nov 1998376010.892.19$4,095
Oct 1998185012.421.97$2,298
Sep 1998178012.592.08$2,241
Aug 1998372011.301.91$4,204
Jul 1998192011.742.24$2,254
Jun 1998361011.242.24$4,058
May 1998192012.622.21$2,423
Apr 1998371013.042.51$4,838
Mar 1998195012.802.31$2,496
Feb 1998187013.952.30$2,609
Jan 1998379014.702.15$5,571
Dec 1997191016.322.41$3,117
Nov 1997391018.193.09$7,112
Oct 1997188019.253.15$3,619
Sep 1997322017.742.95$5,712
Aug 1997381017.862.55$6,805
Jul 1997384017.582.25$6,751
Jun 1997375017.242.26$6,465
May 1997369018.972.31$7,000
Apr 1997574017.882.08$10,263
Mar 1997375018.951.94$7,106
Feb 1997663020.492.21$13,585
Jan 1997551023.483.54$12,937
Dec 1996733023.32$17,094
Nov 19961,473021.97$32,362
Oct 19961,315023.31$30,653
Sep 19961,995022.22$44,329
Aug 19962,507020.26$50,792
Jul 19961,506019.55$29,442
Jun 19960018.73$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.

Feb 2013 — as filed, then multipliedworked
Oil                   15 bbl  × $ 91.23 =     $1,368
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $1,368

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/34969 is the state's own key, not one this site invented.