PLACE-TIMLIN

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 190483District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$572 k
Dec 2001 – May 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
198
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 Gas112003-08-15152689
NGPA2none

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
CondensateDisposition18 bbl$494
GasProduction96,163 Mcf$571,659
Total$572,153

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 33.0994, -97.2945. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.09942, -97.29449 · 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
7,910 ft
1 wells filed one
Completion to plug
16.4 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 7,910 ft.

Completions filed
Dec 2001
1 of 1 wells
Plug dates filed
May 2018
1 of 1 wells

Last completion to plug: a median of 16.4 years across the 1 well that filed both dates, with the middle half between 16.4 years and 16.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1213125617,910 ftDec 2001May 2018Yes

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 (198)

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

198 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 20170055.423.12$0
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 20170045.373.26$0
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 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
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 201505542.892.93$161
Feb 2015062244.662.98$1,851
Jan 2015015543.433.10$481
Dec 2014015554.693.59$557
Nov 2014015070.464.25$638
Oct 2014017378.303.90$675
Sep 2014017386.164.05$700
Aug 2014014589.394.04$585
Jul 2014027796.564.18$1,158
Jun 2014026798.164.74$1,265
May 2014044194.734.73$2,084
Apr 2014043395.944.81$2,082
Mar 2014031095.895.06$1,568
Feb 2014029097.406.19$1,796
Jan 2014030890.404.86$1,497
Dec 2013031991.824.35$1,389
Nov 2013030888.853.74$1,151
Oct 2013029797.423.78$1,122
Sep 20130315104.113.72$1,171
Aug 20130336104.253.52$1,184
Jul 20130365102.523.72$1,357
Jun 2013031794.403.93$1,247
May 2013036094.834.15$1,494
Apr 2013038293.964.28$1,636
Mar 2013041793.623.91$1,632
Feb 2013029291.233.42$999
Jan 2013032091.603.42$1,094
Dec 2012032986.773.42$1,125
Nov 2012032986.953.62$1,193
Oct 2012035589.383.40$1,207
Sep 2012033594.672.92$978
Aug 2012035792.662.91$1,038
Jul 2012035285.133.02$1,063
Jun 2012033179.822.52$834
May 2012033691.612.49$836
Apr 20120335101.652.00$669
Mar 20120315105.052.22$700
Feb 20120321101.102.57$825
Jan 2012035098.092.73$957
Dec 2011034196.873.24$1,105
Nov 2011037495.723.31$1,238
Oct 2011037484.983.65$1,365
Sep 2011040983.623.99$1,630
Aug 2011041583.404.15$1,722
Jul 2011041694.144.52$1,879
Jun 2011041992.904.64$1,944
May 2011031098.134.40$1,365
Apr 20110350105.964.33$1,517
Mar 2011045096.364.06$1,826
Feb 2011013085.644.18$543
Jan 2011043086.504.59$1,973
Dec 2010048485.734.35$2,104
Nov 2010049180.843.80$1,864
Oct 2010048878.103.51$1,712
Sep 2010048972.633.98$1,946
Aug 2010049273.684.42$2,174
Jul 2010050372.554.74$2,382
Jun 2010045870.364.91$2,249
May 2010053071.124.24$2,245
Apr 2010041481.694.12$1,707
Mar 2010042278.394.39$1,852
Feb 2010048773.585.44$2,650
Jan 2010049874.365.96$2,970
Dec 2009076971.445.48$4,217
Nov 2009081874.593.75$3,069
Oct 2009085372.544.11$3,506
Sep 2009069565.543.06$2,130
Aug 2009072267.423.22$2,324
Jul 2009064361.133.46$2,228
Jun 2009055866.163.90$2,173
May 2009045554.743.93$1,786
Apr 2009049646.773.59$1,779
Mar 2009038542.144.06$1,563
Feb 2009064532.814.63$2,988
Jan 2009072335.865.37$3,883
Dec 2008067137.105.98$4,011
Nov 2008057655.496.86$3,952
Oct 2008079775.246.92$5,517
Sep 20080498101.767.88$3,923
Aug 20080494114.228.48$4,191
Jul 20080845131.0811.39$9,624
Jun 20080626131.3313.03$8,158
May 20080648123.1711.57$7,500
Apr 20080632110.3110.45$6,607
Mar 20080638101.909.66$6,166
Feb 2008081592.538.77$7,148
Jan 2008077690.388.21$6,368
Dec 2007038188.337.30$2,782
Nov 2007026791.677.29$1,947
Oct 2007056782.856.92$3,925
Sep 2007062475.846.24$3,896
Aug 2007062469.066.39$3,986
Jul 2007060970.906.39$3,890
Jun 2007085862.007.55$6,477
May 2007073358.747.85$5,751
Apr 2007059859.617.81$4,668
Mar 2007044756.927.30$3,264
Feb 2007048355.108.22$3,968
Jan 200701,03650.306.73$6,969
Dec 2006066756.656.92$4,615
Nov 2006091854.207.62$6,993
Oct 2006071354.906.01$4,288
Sep 2006053460.085.04$2,690
Aug 2006066368.717.34$4,866
Jul 2006087469.376.34$5,544
Jun 2006090466.286.38$5,771
May 2006052566.016.42$3,373
Apr 200601,13264.397.36$8,332
Mar 2006080656.707.08$5,709
Feb 2006085657.597.75$6,635
Jan 200601,04860.598.93$9,362
Dec 200501,25754.9413.42$16,863
Nov 200501,00954.6910.59$10,684
Oct 2005098458.3413.80$13,575
Sep 200501,07761.4512.08$13,009
Aug 200501,08961.519.80$10,669
Jul 2005074755.697.84$5,859
Jun 2005070952.337.38$5,233
May 2005066045.226.65$4,390
Apr 2005070949.207.36$5,219
Mar 2005081650.377.15$5,838
Feb 2005071845.226.31$4,532
Jan 2005082043.166.32$5,184
Dec 200401,22739.866.75$8,284
Nov 2004089245.286.33$5,647
Oct 2004084249.706.52$5,486
Sep 2004072443.245.28$3,826
Aug 2004057042.375.55$3,164
Jul 2004061138.286.08$3,717
Jun 2004055536.106.43$3,570
May 2004057137.486.49$3,708
Apr 2004088634.475.86$5,191
Mar 2004096234.365.53$5,320
Feb 200401,02432.455.51$5,642
Jan 200401,45932.036.30$9,191
Dec 200301,09430.266.30$6,894
Nov 200301,10928.804.60$5,096
Oct 200301,22928.174.76$5,850
Sep 200301,02326.314.75$4,859
Aug 2003085729.765.13$4,396
Jul 2003072529.415.17$3,749
Jun 2003083328.565.98$4,984
May 2003087326.595.97$5,214
Apr 2003181226.675.41$4,417
Mar 2003198831.146.10$6,054
Feb 2003354533.487.93$4,420
Jan 200331,05030.315.58$5,952
Dec 200201,06726.914.85$5,179
Nov 200201,09524.664.14$4,530
Oct 2002085826.464.23$3,629
Sep 200201,07127.443.64$3,893
Aug 200201,67325.963.16$5,294
Jul 200241,67324.583.06$5,221
Jun 200221,39223.733.34$4,694
May 20024024.663.58$99
Apr 2002028723.653.51$1,008
Mar 2002014522.003.10$450
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$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.

Mar 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.89 =         $0
Gas                   55 Mcf  × $  2.93 =       $161

────────────────────────────────────────────────────
Month total                                     $161

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/190483 is the state's own key, not one this site invented.