SAGE-EXXON "15"

Operated by SAGE ENERGY COMPANY (P-5 743215) in the FULLERTON (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 35342District 08Field 33230500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$81 k
May 1997 – Jul 2003
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
75
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 136 leases and 988 wells, and the rule below applies to all of them.

Discovered
1945-05-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2017-12-01.

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: POINT AND STACKED LATERALS. OPTIONAL 10 ACRES/1100' DIAGONAL.

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
OilDisposition3,736 bbl$74,377
Casinghead gasProduction1,911 Mcf$6,182
Total$80,559

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 32.4334, -102.8226. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.43340, -102.82258 · 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
4,791 ft
1 wells filed one
Completion to plug
6.1 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 4,791 ft.

Completions filed
May 1997
1 of 1 wells
Plug dates filed
Jun 2003
1 of 1 wells

Last completion to plug: a median of 6.1 years across the 1 well that filed both dates, with the middle half between 6.1 years and 6.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0033815214,791 ftMay 1997Jun 2003Yes

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 (75)

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

75 months

Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 2003140233.487.93$4,703
Jan 200311830.315.58$131
Dec 200203126.914.85$150
Nov 200213024.664.14$149
Oct 20021873126.464.23$5,079
Sep 200213027.443.64$137
Aug 200213025.963.16$121
Jul 200202924.583.06$89
Jun 200203023.733.34$100
May 20021673124.663.58$4,229
Apr 200222223.653.51$125
Mar 200212822.003.10$109
Feb 200202418.222.38$57
Jan 200212817.172.38$84
Dec 20011832516.932.36$3,157
Nov 200102718.072.41$65
Oct 200123119.782.53$118
Sep 200113024.262.25$92
Aug 200123024.873.05$141
Jul 20011773123.933.20$4,335
Jun 200113024.563.82$139
May 200112925.524.31$150
Apr 200103024.685.34$160
Mar 20011773124.545.38$4,510
Feb 200112627.755.77$178
Jan 200102627.478.40$218
Dec 200001926.889.12$173
Nov 200002832.215.66$158
Oct 20001733131.235.15$5,562
Sep 200003031.875.19$156
Aug 200003129.644.54$141
Jul 20001753128.534.09$5,120
Jun 200012029.304.40$117
May 200013127.263.68$141
Apr 200003024.513.12$93
Mar 200013128.422.86$117
Feb 20001752927.622.73$4,913
Jan 200012225.272.48$80
Dec 199911824.282.42$68
Nov 199912523.192.43$84
Oct 19991743120.982.80$3,737
Sep 199902721.752.62$71
Aug 199903119.262.88$89
Jul 199902417.892.37$57
Jun 19991411515.942.36$2,283
May 199912015.792.32$62
Apr 19992915.102.21$50
Mar 19991782312.471.84$2,262
Feb 19990279.981.82$49
Jan 199942710.381.90$93
Dec 1998180239.201.77$1,697
Nov 199803010.892.19$66
Oct 199833112.421.97$98
Sep 19981663012.592.08$2,152
Aug 199803111.301.91$59
Jul 1998123111.742.24$210
Jun 19981803011.242.24$2,090
May 199833112.622.21$106
Apr 199823013.042.51$101
Mar 199863112.802.31$148
Feb 19981802813.952.30$2,575
Jan 199833114.702.15$111
Dec 19971952916.322.41$3,252
Nov 199763018.193.09$202
Oct 19971853119.253.15$3,659
Sep 199713017.742.95$106
Aug 19971813117.862.55$3,312
Jul 19971773117.582.25$3,181
Jun 19971763017.242.26$3,102
May 199742218.972.31$127

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 2003 — as filed, then multipliedworked
Oil                  140 bbl  × $ 33.48 =     $4,687
Casinghead gas         2 Mcf  × $  7.93 =        $16

────────────────────────────────────────────────────
Month total                                   $4,703

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/35342 is the state's own key, not one this site invented.