FEN-FEN UNIT

Operated by SAGE NATURAL RESOURCES LLC (P-5 743223) 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 188451District 09Field 65280200CondensateGasSave
Value, all time
$1.4 M
Jan 2002 – May 2018
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
197
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition4,666 bbl$177,383
GasProduction224,412 Mcf$1,243,757
Total$1,421,140

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 33.2645, -97.2500. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.26447, -97.24996 · 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
8,911 ft
1 wells filed one
Completion to plug
15.4 years
median over 1 wells

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 8,911 ft.

Completions filed
Jan 2002
1 of 1 wells
Plug dates filed
Jun 2017
1 of 1 wells

Last completion to plug: a median of 15.4 years across the 1 well that filed both dates, with the middle half between 15.4 years and 15.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1213121618,911 ftJan 2002Jun 2017Yes

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 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 2017160055.423.12$8,867
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 201780045.373.26$3,630
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016037233.011.79$667
Feb 2016034826.472.06$718
Jan 2016037227.352.36$880
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
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 201405090.404.86$243
Dec 2013016491.824.35$714
Nov 2013018288.853.74$680
Oct 2013017597.423.78$661
Sep 20130181104.113.72$673
Aug 20130194104.253.52$683
Jul 20130192102.523.72$714
Jun 2013020294.403.93$795
May 2013023794.834.15$983
Apr 2013020393.964.28$869
Mar 2013025293.623.91$986
Feb 2013017791.233.42$605
Jan 201307991.603.42$270
Dec 2012020686.773.42$705
Nov 2012019086.953.62$689
Oct 201265089.383.40$5,810
Sep 2012021194.672.92$616
Aug 2012024992.662.91$724
Jul 2012022485.133.02$677
Jun 2012020979.822.52$526
May 2012023391.612.49$580
Apr 20120263101.652.00$525
Mar 20120279105.052.22$620
Feb 20121366101.102.57$1,042
Jan 2012034698.092.73$946
Dec 2011046096.873.24$1,490
Nov 2011030495.723.31$1,007
Oct 2011038984.983.65$1,419
Sep 2011057983.623.99$2,308
Aug 2011057183.404.15$2,369
Jul 2011097794.144.52$4,413
Jun 2011041092.904.64$1,902
May 2011067698.134.40$2,978
Apr 20110656105.964.33$2,843
Mar 2011074496.364.06$3,019
Feb 2011072185.644.18$3,014
Jan 2011094686.504.59$4,341
Dec 201017884985.734.35$18,951
Nov 201001,07780.843.80$4,088
Oct 2010090478.103.51$3,172
Sep 2010079372.633.98$3,156
Aug 2010099773.684.42$4,406
Jul 201001,00872.554.74$4,774
Jun 2010094670.364.91$4,645
May 2010088671.124.24$3,752
Apr 201001,35481.694.12$5,582
Mar 2010082678.394.39$3,625
Feb 201001,09373.585.44$5,949
Jan 201001,33174.365.96$7,938
Dec 200901,05971.445.48$5,807
Nov 2009086874.593.75$3,256
Oct 200901,03172.544.11$4,238
Sep 200901,03665.543.06$3,175
Aug 200901,02267.423.22$3,289
Jul 200901,35061.133.46$4,677
Jun 200901,06266.163.90$4,136
May 20091831,72854.743.93$16,801
Apr 200901,89946.773.59$6,813
Mar 200902,05742.144.06$8,349
Feb 200901,67732.814.63$7,770
Jan 200902,13635.865.37$11,472
Dec 200801,84037.105.98$10,998
Nov 200801,75455.496.86$12,033
Oct 200801,85075.246.92$12,806
Sep 200801,197101.767.88$9,429
Aug 20080834114.228.48$7,075
Jul 20080889131.0811.39$10,125
Jun 200801,192131.3313.03$15,535
May 20081821,066123.1711.57$34,755
Apr 200801,490110.3110.45$15,578
Mar 200801,502101.909.66$14,515
Feb 200801,36692.538.77$11,981
Jan 200801,43290.388.21$11,751
Dec 200701,63588.337.30$11,939
Nov 200702,95791.677.29$21,562
Oct 200702,39382.856.92$16,564
Sep 200701,96375.846.24$12,257
Aug 200702,12369.066.39$13,562
Jul 20071772,30370.906.39$27,261
Jun 200701,81462.007.55$13,693
May 200701,91358.747.85$15,010
Apr 200701,76659.617.81$13,784
Mar 200701,50856.927.30$11,011
Feb 200702,26955.108.22$18,642
Jan 200701,14650.306.73$7,709
Dec 200601,26456.656.92$8,745
Nov 2006078854.207.62$6,003
Oct 2006050754.906.01$3,049
Sep 200601,49460.085.04$7,526
Aug 2006431,37468.717.34$13,040
Jul 2006085369.376.34$5,410
Jun 2006078766.286.38$5,024
May 2006043866.016.42$2,814
Apr 200601,11664.397.36$8,214
Mar 2006091156.707.08$6,453
Feb 200601,07257.597.75$8,309
Jan 200601,32160.598.93$11,801
Dec 200501,14854.9413.42$15,401
Nov 200501,52254.6910.59$16,116
Oct 200501,57558.3413.80$21,728
Sep 200501,61461.4512.08$19,496
Aug 200501,77461.519.80$17,380
Jul 200501,84155.697.84$14,440
Jun 200501,76652.337.38$13,035
May 200501,87445.226.65$12,464
Apr 200501,90949.207.36$14,051
Mar 20051532,12550.377.15$22,911
Feb 200502,04745.226.31$12,921
Jan 200501,70843.166.32$10,798
Dec 200401,21239.866.75$8,182
Nov 200401,79445.286.33$11,357
Oct 200402,02149.706.52$13,167
Sep 200401,23643.245.28$6,531
Aug 200401,54042.375.55$8,548
Jul 200401,52438.286.08$9,272
Jun 200401,25736.106.43$8,086
May 200402,13837.486.49$13,885
Apr 200401,02634.475.86$6,011
Mar 200416780534.365.53$10,190
Feb 200403,62132.455.51$19,950
Jan 200401,08332.036.30$6,823
Dec 200301,43430.266.30$9,037
Nov 200301,86928.804.60$8,588
Oct 20031851,74128.174.76$13,498
Sep 200301,64826.314.75$7,827
Aug 200301,59429.765.13$8,177
Jul 200301,91429.415.17$9,897
Jun 20031902,02428.565.98$17,536
May 200302,34626.595.97$14,012
Apr 200302,23426.675.41$12,080
Mar 200302,64631.146.10$16,130
Feb 20031832,87633.487.93$28,922
Jan 200303,39130.315.58$18,929
Dec 20021833,35826.914.85$21,223
Nov 20021683,52424.664.14$18,722
Oct 200204,10626.464.23$17,365
Sep 20021845,95827.443.64$26,707
Aug 20021737,29725.963.16$27,580
Jul 20021806,76624.583.06$25,140
Jun 20023308,44323.733.34$36,016
May 20023488,18124.663.58$37,902
Apr 20024596,70923.653.51$34,420
Mar 20026949,48822.003.10$44,707
Feb 20020018.222.38$0
Jan 20020017.172.38$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.

Nov 2017 — as filed, then multipliedworked
Condensate           160 bbl  × $ 55.42 =     $8,867
Gas                    0 Mcf  × $  3.12 =         $0

────────────────────────────────────────────────────
Month total                                   $8,867

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/188451 is the state's own key, not one this site invented.