SACKETT

Operated by FELDERHOFF PRODUCTION COMPANY (P-5 265140) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 187794District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$419 k
Feb 2002 – Oct 2009
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
93
no gaps in the span
Streams
2
condensate, 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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
High Cost Gas112002-09-17146933
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
CondensateDisposition1,754 bbl$54,296
GasProduction61,722 Mcf$364,856
Total$419,152

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 33.3111, -97.3452. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.31115, -97.34518 · 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
8,625 ft
1 wells filed one
Completion to plug
7.4 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 8,625 ft.

Completions filed
Feb 2002
1 of 1 wells
Plug dates filed
Jul 2009
1 of 1 wells

Last completion to plug: a median of 7.4 years across the 1 well that filed both dates, with the middle half between 7.4 years and 7.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1213098028,625 ftFeb 2002Jul 2009Yes

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 (93)

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

93 months

Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 200965067.423.22$4,382
Jul 20090061.133.46$0
Jun 20090066.163.90$0
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 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200701558.747.85$118
Apr 200709559.617.81$741
Mar 20078121256.927.30$6,159
Feb 2007013655.108.22$1,117
Jan 2007016450.306.73$1,103
Dec 2006038056.656.92$2,629
Nov 2006028554.207.62$2,171
Oct 2006032254.906.01$1,936
Sep 2006025660.085.04$1,290
Aug 2006034668.717.34$2,540
Jul 2006038469.376.34$2,436
Jun 2006034366.286.38$2,190
May 2006046266.016.42$2,968
Apr 2006053664.397.36$3,945
Mar 2006053756.707.08$3,804
Feb 2006066557.597.75$5,154
Jan 2006061660.598.93$5,503
Dec 2005074054.9413.42$9,927
Nov 2005069454.6910.59$7,348
Oct 2005075658.3413.80$10,430
Sep 2005071561.4512.08$8,636
Aug 2005077161.519.80$7,553
Jul 2005061855.697.84$4,847
Jun 2005060652.337.38$4,473
May 200501,01545.226.65$6,751
Apr 2005047949.207.36$3,526
Mar 2005069850.377.15$4,994
Feb 2005059245.226.31$3,737
Jan 20056578043.166.32$7,737
Dec 20041081,06639.866.75$11,502
Nov 200401,06045.286.33$6,710
Oct 200401,38349.706.52$9,010
Sep 2004092843.245.28$4,903
Aug 200401,35142.375.55$7,499
Jul 200401,43638.286.08$8,737
Jun 200401,10436.106.43$7,102
May 2004421,09837.486.49$8,705
Apr 2004065834.475.86$3,855
Mar 200401,37534.365.53$7,604
Feb 2004090632.455.51$4,992
Jan 200401,52232.036.30$9,588
Dec 2003981,66730.266.30$13,470
Nov 200301,70528.804.60$7,835
Oct 200301,83428.174.76$8,729
Sep 20031081,83526.314.75$11,557
Aug 200301,95429.765.13$10,023
Jul 200301,60029.415.17$8,273
Jun 200301,29128.565.98$7,724
May 2003079626.595.97$4,754
Apr 20037277726.675.41$6,122
Mar 200301,31431.146.10$8,010
Feb 200301,55233.487.93$12,301
Jan 20031193,31130.315.58$22,089
Dec 200201,80626.914.85$8,766
Nov 20021051,74924.664.14$9,825
Oct 20021312,07126.464.23$12,225
Sep 20021012,59427.443.64$12,201
Aug 20022932,80525.963.16$16,482
Jul 2002065024.583.06$1,990
Jun 200218723323.733.34$5,215
May 200217950024.663.58$6,206
Apr 2002072223.653.51$2,536
Mar 2002061122.003.10$1,896
Feb 2002024018.222.38$570

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.

Aug 2009 — as filed, then multipliedworked
Condensate            65 bbl  × $ 67.42 =     $4,382
Gas                    0 Mcf  × $  3.22 =         $0

────────────────────────────────────────────────────
Month total                                   $4,382

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. 09/G/187794 is the state's own key, not one this site invented.