SAND SPRINGS

Name: SAND SPRINGS lease production and value, May 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NEW ATLANTIS OIL & EXPL., LLC (P-5 606030) in the SIGNAL PEAK (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 36354District 08Field 83518500OilCasinghead gasSave Export

Value, all time

$1.1 M

May 2000 – Feb 2012

Value, last 12 filed months

at the published price for each month

Months reported

142

no gaps in the span

Streams

oil, casinghead gas

The SIGNAL PEAK (WOLFCAMP) 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 132 leases and 253 wells, and the rule below applies to all of them.

Discovered

1983-04-23

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2009-06-18.

The Commission's schedule remark for this field reads: “08-0223268 DATED 6/18/2009”

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	13,161 bbl	$516,413
Casinghead gas	Production	104,390 Mcf	$615,809
Total			$1,132,222

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 32.2551, -101.3314. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.25514, -101.33136 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

8,000 ft

1 wells filed one

Completion to plug

11.0 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 8,000 ft.

Completions filed

May 2000

1 of 1 wells

Plug dates filed

May 2011

1 of 1 wells

Last completion to plug: a median of 11.0 years across the 1 well that filed both dates, with the middle half between 11.0 years and 11.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-22735458	1	8,000 ft	May 2000	May 2011	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 (142)

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

142 months


Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	181	0	78.39	4.39	$14,189
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	173	587	71.44	5.48	$15,578
Nov 2009	0	558	74.59	3.75	$2,093
Oct 2009	0	562	72.54	4.11	$2,310
Sep 2009	178	554	65.54	3.06	$13,364
Aug 2009	1	575	67.42	3.22	$1,918
Jul 2009	0	587	61.13	3.46	$2,034
Jun 2009	177	567	66.16	3.90	$13,919
May 2009	0	650	54.74	3.93	$2,552
Apr 2009	0	496	46.77	3.59	$1,779
Mar 2009	0	363	42.14	4.06	$1,473
Feb 2009	178	476	32.81	4.63	$8,045
Jan 2009	0	562	35.86	5.37	$3,019
Dec 2008	0	554	37.10	5.98	$3,311
Nov 2008	183	530	55.49	6.86	$13,791
Oct 2008	0	566	75.24	6.92	$3,918
Sep 2008	0	528	101.76	7.88	$4,159
Aug 2008	172	512	114.22	8.48	$23,989
Jul 2008	0	520	131.08	11.39	$5,923
Jun 2008	0	539	131.33	13.03	$7,025
May 2008	181	553	123.17	11.57	$28,694
Apr 2008	0	523	110.31	10.45	$5,468
Mar 2008	0	530	101.90	9.66	$5,122
Feb 2008	0	449	92.53	8.77	$3,938
Jan 2008	175	542	90.38	8.21	$20,264
Dec 2007	0	548	88.33	7.30	$4,001
Nov 2007	0	460	91.67	7.29	$3,354
Oct 2007	191	596	82.85	6.92	$19,950
Sep 2007	0	595	75.84	6.24	$3,715
Aug 2007	0	664	69.06	6.39	$4,242
Jul 2007	164	657	70.90	6.39	$15,824
Jun 2007	1	663	62.00	7.55	$5,067
May 2007	1	770	58.74	7.85	$6,100
Apr 2007	0	668	59.61	7.81	$5,214
Mar 2007	180	0	56.92	7.30	$10,246
Feb 2007	3	599	55.10	8.22	$5,087
Jan 2007	2	684	50.30	6.73	$4,702
Dec 2006	179	673	56.65	6.92	$14,796
Nov 2006	1	664	54.20	7.62	$5,112
Oct 2006	4	696	54.90	6.01	$4,405
Sep 2006	1	657	60.08	5.04	$3,370
Aug 2006	1	2,045	68.71	7.34	$15,079
Jul 2006	167	1,692	69.37	6.34	$22,317
Jun 2006	3	2,399	66.28	6.38	$15,514
May 2006	2	685	66.01	6.42	$4,533
Apr 2006	1	1,071	64.39	7.36	$7,947
Mar 2006	181	1,002	56.70	7.08	$17,360
Feb 2006	2	970	57.59	7.75	$7,634
Jan 2006	5	1,011	60.59	8.93	$9,335
Dec 2005	170	794	54.94	13.42	$19,992
Nov 2005	1	891	54.69	10.59	$9,489
Oct 2005	174	896	58.34	13.80	$22,512
Sep 2005	0	736	61.45	12.08	$8,890
Aug 2005	163	908	61.51	9.80	$18,922
Jul 2005	0	945	55.69	7.84	$7,412
Jun 2005	0	916	52.33	7.38	$6,761
May 2005	168	942	45.22	6.65	$13,862
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	174	841	50.37	7.15	$14,782
Feb 2005	0	796	45.22	6.31	$5,024
Jan 2005	154	915	43.16	6.32	$12,431
Dec 2004	0	910	39.86	6.75	$6,143
Nov 2004	177	895	45.28	6.33	$13,680
Oct 2004	0	959	49.70	6.52	$6,248
Sep 2004	140	949	43.24	5.28	$11,068
Aug 2004	181	1,018	42.37	5.55	$13,320
Jul 2004	0	1,018	38.28	6.08	$6,194
Jun 2004	158	984	36.10	6.43	$12,034
May 2004	0	1,023	37.48	6.49	$6,644
Apr 2004	169	1,064	34.47	5.86	$12,059
Mar 2004	0	692	34.36	5.53	$3,827
Feb 2004	162	933	32.45	5.51	$10,397
Jan 2004	0	974	32.03	6.30	$6,136
Dec 2003	160	1,009	30.26	6.30	$11,200
Nov 2003	0	1,024	28.80	4.60	$4,705
Oct 2003	152	1,095	28.17	4.76	$9,494
Sep 2003	173	1,104	26.31	4.75	$9,795
Aug 2003	0	1,185	29.76	5.13	$6,079
Jul 2003	147	1,207	29.41	5.17	$10,564
Jun 2003	174	1,157	28.56	5.98	$11,892
May 2003	159	1,183	26.59	5.97	$11,293
Apr 2003	0	1,157	26.67	5.41	$6,256
Mar 2003	158	1,136	31.14	6.10	$11,845
Feb 2003	159	990	33.48	7.93	$13,170
Jan 2003	164	1,090	30.31	5.58	$11,055
Dec 2002	178	1,113	26.91	4.85	$10,192
Nov 2002	175	1,095	24.66	4.14	$8,845
Oct 2002	180	1,100	26.46	4.23	$9,415
Sep 2002	0	1,017	27.44	3.64	$3,697
Aug 2002	289	1,167	25.96	3.16	$11,195
Jul 2002	0	1,133	24.58	3.06	$3,469
Jun 2002	156	1,072	23.73	3.34	$7,280
May 2002	161	1,292	24.66	3.58	$8,601
Apr 2002	1	678	23.65	3.51	$2,405
Mar 2002	161	1,007	22.00	3.10	$6,666
Feb 2002	173	981	18.22	2.38	$5,483
Jan 2002	173	1,131	17.17	2.38	$5,657
Dec 2001	8	1,120	16.93	2.36	$2,784
Nov 2001	176	1,213	18.07	2.41	$6,098
Oct 2001	169	1,120	19.78	2.53	$6,175
Sep 2001	163	900	24.26	2.25	$5,981
Aug 2001	175	1,049	24.87	3.05	$7,555
Jul 2001	153	1,074	23.93	3.20	$7,095
Jun 2001	6	888	24.56	3.82	$3,543
May 2001	345	1,433	25.52	4.31	$14,977
Apr 2001	176	1,475	24.68	5.34	$12,213
Mar 2001	355	1,365	24.54	5.38	$16,051
Feb 2001	495	1,183	27.75	5.77	$20,559
Jan 2001	359	1,310	27.47	8.40	$20,864
Dec 2000	370	1,324	26.88	9.12	$22,024
Nov 2000	547	1,417	32.21	5.66	$25,636
Oct 2000	547	1,420	31.23	5.15	$24,389
Sep 2000	357	1,404	31.87	5.19	$18,659
Aug 2000	513	1,885	29.64	4.54	$23,765
Jul 2000	312	920	28.53	4.09	$12,664
Jun 2000	163	480	29.30	4.40	$6,887
May 2000	0	936	27.26	3.68	$3,444

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.

Mar 2010 — as filed, then multipliedworked

Oil                  181 bbl  × $ 78.39 =    $14,189
Casinghead gas         0 Mcf  × $  4.39 =         $0

────────────────────────────────────────────────────
Month total                                  $14,189

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/36354 is the state's own key, not one this site invented.