SANDERS, JOE

Operated by RAY HERRING ESTATE (P-5 695237) in the CLARK (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 203494District 09Field 18594500CondensateGasSaveExport
Value, all time
$609 k
Jul 2004 – Feb 2016
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
140
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1982-08-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/2004.

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
CondensateDisposition1,358 bbl$75,374
GasProduction80,951 Mcf$533,637
Total$609,011

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 33.2811, -98.4628. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.28106, -98.46278 · 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
4,948 ft
1 wells filed one
Completion to plug
10.7 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 4,948 ft.

Completions filed
Jul 2004
1 of 1 wells
Plug dates filed
Mar 2015
1 of 1 wells

Last completion to plug: a median of 10.7 years across the 1 well that filed both dates, with the middle half between 10.7 years and 10.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5030088814,948 ftJul 2004Mar 2015Yes

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 (140)

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

140 months

Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201524032.362.00$777
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 201550056.152.88$2,808
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 201496094.734.73$9,094
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100273.684.42$9
Jul 20100272.554.74$9
Jun 20100370.364.91$15
May 20100471.124.24$17
Apr 20100481.694.12$16
Mar 20100678.394.39$26
Feb 201001173.585.44$60
Jan 201001174.365.96$66
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090161.133.46$3
Jun 20090066.163.90$0
May 2009242854.743.93$1,790
Apr 2009242746.773.59$1,625
Mar 2009047942.144.06$1,944
Feb 2009046132.814.63$2,136
Jan 2009230035.865.37$1,683
Dec 2008030837.105.98$1,841
Nov 2008130955.496.86$2,175
Oct 2008041775.246.92$2,886
Sep 20080404101.767.88$3,182
Aug 2008076114.228.48$645
Jul 20080253131.0811.39$2,882
Jun 200811131.3313.03$144
May 2008083123.1711.57$961
Apr 2008085110.3110.45$889
Mar 20083230101.909.66$2,528
Feb 2008027692.538.77$2,421
Jan 2008116190.388.21$1,412
Dec 2007029188.337.30$2,125
Nov 2007136291.677.29$2,731
Oct 2007011582.856.92$796
Sep 200716432275.846.24$14,448
Aug 2007038369.066.39$2,447
Jul 2007138570.906.39$2,530
Jun 2007034162.007.55$2,574
May 2007028358.747.85$2,221
Apr 2007022059.617.81$1,717
Mar 2007042556.927.30$3,103
Feb 2007031855.108.22$2,613
Jan 2007031750.306.73$2,132
Dec 2006136556.656.92$2,582
Nov 2006044654.207.62$3,397
Oct 200616242854.906.01$11,468
Sep 2006051760.085.04$2,604
Aug 2006059068.717.34$4,331
Jul 2006143869.376.34$2,848
Jun 2006065366.286.38$4,169
May 2006029566.016.42$1,895
Apr 2006271364.397.36$5,377
Mar 2006087956.707.08$6,226
Feb 200602057.597.75$155
Jan 200616560.598.93$641
Dec 200516354.9413.42$900
Nov 2005019654.6910.59$2,075
Oct 2005073858.3413.80$10,181
Sep 200501,00861.4512.08$12,176
Aug 20051521,61861.519.80$25,201
Jul 200502,68155.697.84$21,029
Jun 200501,53352.337.38$11,315
May 200502,38445.226.65$15,856
Apr 200502,41649.207.36$17,783
Mar 200503,24250.377.15$23,196
Feb 200502,76645.226.31$17,459
Jan 200501,91843.166.32$12,126
Dec 20041825,52339.866.75$44,541
Nov 200418110,35845.286.33$73,766
Oct 20041807,60049.706.52$58,461
Sep 200408,28443.245.28$43,772
Aug 200414710,73242.375.55$65,798
Jul 200403,97838.286.08$24,203

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.

Dec 2015 — as filed, then multipliedworked
Condensate            24 bbl  × $ 32.36 =       $777
Gas                    0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                     $777

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/203494 is the state's own key, not one this site invented.