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 190484District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$948 k
Mar 2002 – Apr 2018
Value, last 12 filed months
$277
at the published price for each month
Months reported
194
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 Gas112003-08-15152672
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
CondensateDisposition21 bbl$723
GasProduction165,767 Mcf$947,547
Total$948,270

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 33.0993, -97.3014. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.09930, -97.30140 · 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
8,130 ft
1 wells filed one
Completion to plug
16.1 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 8,130 ft.

Completions filed
Mar 2002
1 of 1 wells
Plug dates filed
Apr 2018
1 of 1 wells

Last completion to plug: a median of 16.1 years across the 1 well that filed both dates, with the middle half between 16.1 years and 16.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1213129128,130 ftMar 2002Apr 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 (194)

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

194 months

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 20175055.423.12$277
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 20150042.892.93$0
Feb 2015014144.662.98$420
Jan 20150043.433.10$0
Dec 20140554.693.59$18
Nov 2014015070.464.25$638
Oct 2014020678.303.90$804
Sep 2014030086.164.05$1,214
Aug 2014030289.394.04$1,219
Jul 2014033896.564.18$1,413
Jun 2014031398.164.74$1,483
May 2014013794.734.73$648
Apr 2014017895.944.81$856
Mar 2014032695.895.06$1,649
Feb 2014028097.406.19$1,734
Jan 2014033390.404.86$1,619
Dec 2013033391.824.35$1,450
Nov 2013033188.853.74$1,237
Oct 2013037597.423.78$1,417
Sep 20130345104.113.72$1,283
Aug 20130354104.253.52$1,247
Jul 20130384102.523.72$1,428
Jun 2013036394.403.93$1,428
May 2013037094.834.15$1,535
Apr 2013037393.964.28$1,597
Mar 2013038493.623.91$1,503
Feb 2013036391.233.42$1,241
Jan 2013039291.603.42$1,341
Dec 2012039986.773.42$1,365
Nov 2012039986.953.62$1,446
Oct 2012042489.383.40$1,441
Sep 2012040394.672.92$1,176
Aug 2012041692.662.91$1,210
Jul 2012042185.133.02$1,272
Jun 2012041179.822.52$1,035
May 2012041791.612.49$1,038
Apr 20120430101.652.00$859
Mar 20120403105.052.22$896
Feb 20120419101.102.57$1,077
Jan 2012045098.092.73$1,230
Dec 2011048896.873.24$1,581
Nov 2011047595.723.31$1,573
Oct 2011047584.983.65$1,733
Sep 2011044383.623.99$1,766
Aug 2011046283.404.15$1,917
Jul 2011047894.144.52$2,159
Jun 20110092.904.64$0
May 2011047698.134.40$2,097
Apr 20110502105.964.33$2,175
Mar 2011063396.364.06$2,568
Feb 2011086085.644.18$3,595
Jan 2011091086.504.59$4,176
Dec 201001,20785.734.35$5,248
Nov 201001,26780.843.80$4,809
Oct 201001,02178.103.51$3,583
Sep 2010085072.633.98$3,383
Aug 2010097273.684.42$4,296
Jul 2010088072.554.74$4,168
Jun 2010079270.364.91$3,889
May 201001,13071.124.24$4,786
Apr 201001,51281.694.12$6,234
Mar 2010088578.394.39$3,884
Feb 201001,10773.585.44$6,025
Jan 201001,22774.365.96$7,318
Dec 2009083671.445.48$4,584
Nov 2009094174.593.75$3,530
Oct 200901,23572.544.11$5,076
Sep 200901,22565.543.06$3,754
Aug 200901,63867.423.22$5,272
Jul 200902,57161.133.46$8,907
Jun 200901,49766.163.90$5,831
May 200901,20554.743.93$4,731
Apr 200901,40546.773.59$5,040
Mar 2009083842.144.06$3,401
Feb 200901,13532.814.63$5,258
Jan 200901,54235.865.37$8,282
Dec 2008085037.105.98$5,081
Nov 2008078155.496.86$5,358
Oct 200801,66075.246.92$11,490
Sep 200801,231101.767.88$9,697
Aug 20080854114.228.48$7,245
Jul 20080975131.0811.39$11,105
Jun 200801,238131.3313.03$16,134
May 200801,402123.1711.57$16,227
Apr 200801,363110.3110.45$14,250
Mar 200801,139101.909.66$11,007
Feb 200801,05292.538.77$9,227
Jan 200801,11490.388.21$9,141
Dec 2007097788.337.30$7,134
Nov 2007067291.677.29$4,900
Oct 200701,92882.856.92$13,346
Sep 200702,49175.846.24$15,554
Aug 200702,53369.066.39$16,181
Jul 200702,86470.906.39$18,295
Jun 200702,70262.007.55$20,396
May 200702,14058.747.85$16,791
Apr 200702,11759.617.81$16,524
Mar 200701,41056.927.30$10,296
Feb 200701,56855.108.22$12,883
Jan 200702,32550.306.73$15,640
Dec 200602,04056.656.92$14,114
Nov 200602,30154.207.62$17,528
Oct 200602,62754.906.01$15,798
Sep 200603,58360.085.04$18,048
Aug 200603,96968.717.34$29,132
Jul 200603,65169.376.34$23,157
Jun 200603,02066.286.38$19,279
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006025456.707.08$1,799
Feb 2006046757.597.75$3,620
Jan 2006043360.598.93$3,868
Dec 2005051254.9413.42$6,869
Nov 2005042154.6910.59$4,458
Oct 2005037058.3413.80$5,104
Sep 2005035261.4512.08$4,252
Aug 2005045261.519.80$4,428
Jul 2005043355.697.84$3,396
Jun 2005041952.337.38$3,093
May 2005043545.226.65$2,893
Apr 2005060049.207.36$4,416
Mar 2005055250.377.15$3,949
Feb 2005026545.226.31$1,673
Jan 2005062643.166.32$3,958
Dec 2004018339.866.75$1,235
Nov 2004066045.286.33$4,178
Oct 2004048249.706.52$3,140
Sep 2004061243.245.28$3,234
Aug 2004038942.375.55$2,159
Jul 2004066438.286.08$4,040
Jun 200401,17936.106.43$7,585
May 2004091937.486.49$5,969
Apr 200401,09134.475.86$6,392
Mar 200401,80234.365.53$9,965
Feb 200401,82432.455.51$10,050
Jan 200402,48032.036.30$15,623
Dec 200301,72330.266.30$10,858
Nov 200301,73428.804.60$7,968
Oct 200311,92228.174.76$9,176
Sep 200301,47326.314.75$6,996
Aug 200301,34029.765.13$6,874
Jul 200311,96029.415.17$10,164
Jun 200311,76928.565.98$10,612
May 200301,85426.595.97$11,073
Apr 200302,31026.675.41$12,491
Mar 200322,41831.146.10$14,803
Feb 200301,40133.487.93$11,104
Jan 200352,34030.315.58$13,214
Dec 200202,26826.914.85$11,008
Nov 200202,12724.664.14$8,799
Oct 200201,13826.464.23$4,813
Sep 200202,75527.443.64$10,015
Aug 200202,76425.963.16$8,746
Jul 200201,11524.583.06$3,414
Jun 200222,70323.733.34$9,071
May 200243,71224.663.58$13,402
Apr 20020023.653.51$0
Mar 20020022.003.10$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             5 bbl  × $ 55.42 =       $277
Gas                    0 Mcf  × $  3.12 =         $0

────────────────────────────────────────────────────
Month total                                     $277

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/190484 is the state's own key, not one this site invented.