RICHARDS

Operated by SAGE OIL AND GAS, LLC (P-5 743222) in the OMEGA (4950 CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 87381District 09Field 67320500NGPA filingCondensateGasSaveExport
Value, all time
$592 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1979-08-06
as the register files it
Field class
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: FIELD RETURNED TO ALLOCATION FORMULA EFFECTIVE 4/1/83

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
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
CondensateDisposition82 bbl$3,546
GasProduction155,729 Mcf$588,670
Total$592,216

18,545 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 33.0771, -98.1125. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.07714, -98.11251 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
5,250 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 5,250 ft.

Completions filed
Jan 1980
1 of 1 wells

1 well

42-2373290715,250 ftJan 1980

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190659.012.30$14
Nov 20190755.302.75$19
Oct 20190053.472.42$0
Sep 201901455.052.66$37
Aug 201901053.112.30$23
Jul 20190956.272.46$22
Jun 20190052.782.49$0
May 20190858.482.74$22
Apr 201901162.632.75$30
Mar 201901856.803.06$55
Feb 2019012450.852.79$346
Jan 2019019046.033.23$613
Dec 2018016546.594.19$691
Nov 2018018452.934.24$780
Oct 2018022061.443.40$748
Sep 2018019959.543.11$618
Aug 2018023359.403.07$715
Jul 2018024465.142.93$715
Jun 2018021460.183.08$658
May 2018022065.382.90$638
Apr 2018022363.842.90$647
Mar 2018027061.222.79$752
Feb 2018022361.782.77$617
Jan 2018025662.874.01$1,026
Dec 2017025657.272.92$748
Nov 2017012155.423.12$377
Oct 2017024049.292.98$716
Sep 2017026247.523.09$809
Aug 2017022645.373.00$679
Jul 2017020743.873.09$639
Jun 2017027042.493.09$834
May 2017027545.373.26$897
Apr 2017025147.933.21$806
Mar 2017028346.772.98$844
Feb 2017025050.452.95$738
Jan 2017027749.413.42$947
Dec 2016027448.763.72$1,020
Nov 2016027142.492.64$717
Oct 2016025546.193.09$788
Sep 2016019941.553.10$617
Aug 2016020741.442.92$605
Jul 2016018341.622.92$535
Jun 2016010245.352.69$274
May 2016021042.521.99$418
Apr 2016034736.561.99$691
Mar 2016037033.011.79$664
Feb 2016035526.472.06$733
Jan 2016041727.352.36$986
Dec 2015040132.362.00$803
Nov 2015036238.792.17$785
Oct 2015041043.552.43$995
Sep 2015021642.992.76$596
Aug 2015039140.162.87$1,123
Jul 2015041148.152.95$1,210
Jun 2015041456.152.88$1,194
May 2015041955.212.96$1,238
Apr 2015047349.822.71$1,280
Mar 2015037442.892.93$1,098
Feb 2015036444.662.98$1,083
Jan 2015037943.433.10$1,175
Dec 2014044254.693.59$1,587
Nov 2014034670.464.25$1,471
Oct 2014038878.303.90$1,514
Sep 2014046586.164.05$1,881
Aug 2014044389.394.04$1,788
Jul 2014043496.564.18$1,814
Jun 2014036398.164.74$1,719
May 2014038694.734.73$1,824
Apr 2014043195.944.81$2,073
Mar 2014056295.895.06$2,842
Feb 2014047097.406.19$2,910
Jan 2014017990.404.86$870
Dec 2013017991.824.35$779
Nov 2013011988.853.74$445
Oct 20130097.423.78$0
Sep 20130282104.113.72$1,048
Aug 20130468104.253.52$1,649
Jul 20130584102.523.72$2,171
Jun 2013064194.403.93$2,521
May 2013064994.834.15$2,693
Apr 2013064793.964.28$2,771
Mar 2013013093.623.91$509
Feb 2013012191.233.42$414
Jan 2013028791.603.42$982
Dec 2012041386.773.42$1,413
Nov 2012053186.953.62$1,925
Oct 2012036589.383.40$1,241
Sep 2012026094.672.92$759
Aug 2012030992.662.91$899
Jul 2012039385.133.02$1,187
Jun 2012048079.822.52$1,209
May 2012052591.612.49$1,306
Apr 20120653101.652.00$1,304
Mar 20120633105.052.22$1,407
Feb 20120124101.102.57$319
Jan 201203598.092.73$96
Dec 2011029496.873.24$952
Nov 2011026895.723.31$887
Oct 2011031184.983.65$1,135
Sep 2011034183.623.99$1,359
Aug 2011047483.404.15$1,967
Jul 2011048094.144.52$2,168
Jun 2011040892.904.64$1,893
May 2011041398.134.40$1,819
Apr 20110445105.964.33$1,928
Mar 2011051796.364.06$2,098
Feb 2011043685.644.18$1,822
Jan 2011051586.504.59$2,363
Dec 2010049385.734.35$2,143
Nov 2010050380.843.80$1,909
Oct 2010053078.103.51$1,860
Sep 2010042772.633.98$1,699
Aug 2010051873.684.42$2,289
Jul 2010047472.554.74$2,245
Jun 2010050970.364.91$2,499
May 2010055471.124.24$2,346
Apr 2010055881.694.12$2,300
Mar 2010059178.394.39$2,594
Feb 2010054773.585.44$2,977
Jan 2010063874.365.96$3,805
Dec 2009074071.445.48$4,058
Nov 2009064674.593.75$2,423
Oct 20090072.544.11$0
Sep 2009024765.543.06$757
Aug 2009031867.423.22$1,023
Jul 2009041061.133.46$1,420
Jun 20090066.163.90$0
May 2009026954.743.93$1,056
Apr 2009048146.773.59$1,726
Mar 2009062842.144.06$2,549
Feb 2009026432.814.63$1,223
Jan 2009055335.865.37$2,970
Dec 2008059537.105.98$3,556
Nov 2008066455.496.86$4,555
Oct 2008056075.246.92$3,876
Sep 20080483101.767.88$3,805
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 20080262123.1711.57$3,032
Apr 20080539110.3110.45$5,635
Mar 200800101.909.66$0
Feb 2008038992.538.77$3,412
Jan 2008052990.388.21$4,341
Dec 2007050288.337.30$3,666
Nov 2007050591.677.29$3,682
Oct 2007046482.856.92$3,212
Sep 2007054875.846.24$3,422
Aug 2007057869.066.39$3,692
Jul 2007059070.906.39$3,769
Jun 2007057862.007.55$4,363
May 2007062558.747.85$4,904
Apr 2007047159.617.81$3,676
Mar 2007061456.927.30$4,483
Feb 2007033555.108.22$2,752
Jan 2007046350.306.73$3,115
Dec 2006025656.656.92$1,771
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006011160.085.04$559
Aug 2006047768.717.34$3,501
Jul 2006044269.376.34$2,804
Jun 2006048966.286.38$3,122
May 2006052766.016.42$3,386
Apr 2006052164.397.36$3,835
Mar 2006052256.707.08$3,697
Feb 2006048757.597.75$3,775
Jan 2006052960.598.93$4,726
Dec 2005053954.9413.42$7,231
Nov 2005053754.6910.59$5,686
Oct 2005055458.3413.80$7,643
Sep 2005053261.4512.08$6,426
Aug 2005055061.519.80$5,388
Jul 2005055355.697.84$4,338
Jun 2005054152.337.38$3,993
May 2005057345.226.65$3,811
Apr 2005055249.207.36$4,063
Mar 2005056550.377.15$4,043
Feb 2005052145.226.31$3,289
Jan 2005058743.166.32$3,711
Dec 2004060339.866.75$4,071
Nov 2004059545.286.33$3,767
Oct 2004052749.706.52$3,433
Sep 20048250543.245.28$6,214
Aug 2004061142.375.55$3,391
Jul 2004061638.286.08$3,748
Jun 2004060136.106.43$3,866
May 2004063037.486.49$4,092
Apr 2004059934.475.86$3,509
Mar 2004063234.365.53$3,495
Feb 2004059532.455.51$3,278
Jan 2004064232.036.30$4,044
Dec 2003064930.266.30$4,090
Nov 2003065728.804.60$3,019
Oct 2003068528.174.76$3,260
Sep 2003067126.314.75$3,187
Aug 2003071329.765.13$3,657
Jul 2003072829.415.17$3,764
Jun 2003069628.565.98$4,164
May 2003075226.595.97$4,491
Apr 2003083326.675.41$4,504
Mar 200301,13831.146.10$6,937
Feb 2003042133.487.93$3,337
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 200203424.664.14$141
Oct 2002032226.464.23$1,362
Sep 2002053027.443.64$1,927
Aug 2002073225.963.16$2,316
Jul 2002063724.583.06$1,950
Jun 2002059823.733.34$1,996
May 2002075224.663.58$2,695
Apr 2002041923.653.51$1,472
Mar 2002064722.003.10$2,007
Feb 2002063918.222.38$1,518
Jan 2002067217.172.38$1,596
Dec 2001070016.932.36$1,655
Nov 2001061718.072.41$1,484
Oct 2001074219.782.53$1,876
Sep 2001065024.262.25$1,463
Aug 2001063224.873.05$1,930
Jul 2001065023.933.20$2,078
Jun 2001065624.563.82$2,509
May 2001067225.524.31$2,895
Apr 2001058224.685.34$3,105
Mar 2001068624.545.38$3,688
Feb 2001064127.755.77$3,697
Jan 2001078227.478.40$6,568
Dec 2000077726.889.12$7,088
Nov 2000079732.215.66$4,509
Oct 2000082431.235.15$4,240
Sep 2000087231.875.19$4,523
Aug 2000088529.644.54$4,019
Jul 2000090928.534.09$3,718
Jun 2000078429.304.40$3,447
May 2000083527.263.68$3,073
Apr 2000084724.513.12$2,639
Mar 2000081028.422.86$2,316
Feb 2000089227.622.73$2,432
Jan 200001,05325.272.48$2,612
Dec 1999089724.282.42$2,174
Nov 1999074823.192.43$1,821
Oct 1999079520.982.80$2,229
Sep 1999079321.752.62$2,077
Aug 1999082819.262.88$2,381
Jul 1999081417.892.37$1,931
Jun 1999077915.942.36$1,840
May 1999083615.792.32$1,940
Apr 1999081015.102.21$1,789
Mar 1999075812.471.84$1,393
Feb 199907369.981.82$1,338
Jan 1999094710.381.90$1,799
Dec 199806469.201.77$1,146
Nov 1998080310.892.19$1,755
Oct 1998094012.421.97$1,851
Sep 1998092012.592.08$1,916
Aug 1998095211.301.91$1,816
Jul 199801,00811.742.24$2,255
Jun 1998097611.242.24$2,184
May 1998093612.622.21$2,065
Apr 1998099713.042.51$2,498
Mar 199801,01112.802.31$2,335
Feb 1998095513.952.30$2,196
Jan 1998090914.702.15$1,959
Dec 1997091016.322.41$2,194
Nov 1997097518.193.09$3,011
Oct 199701,17719.253.15$3,707
Sep 199701,15917.742.95$3,425
Aug 199701,25917.862.55$3,216
Jul 199701,30817.582.25$2,939
Jun 199701,30417.242.26$2,943
May 199701,42918.972.31$3,299
Apr 199701,72917.882.08$3,601
Mar 1997089918.951.94$1,743
Feb 1997020520.492.21$452
Jan 199709423.483.54$333
Dec 1996019923.32$0
Nov 1996016921.97$0
Oct 1996023123.31$0
Sep 1996025922.22$0
Aug 1996029820.26$0
Jul 1996031919.55$0
Jun 1996030918.73$0
May 1996031919.43$0
Apr 1996034421.51$0
Mar 1996032719.38$0
Feb 1996028616.98$0
Jan 1996028617.07$0
Dec 1995034017.19$0
Nov 1995030016.00$0
Oct 1995038515.43$0
Sep 1995041216.18$0
Aug 1995045515.92$0
Jul 1995048115.24$0
Jun 1995042716.41$0
May 1995046717.56$0
Apr 1995042317.73$0
Mar 1995049416.44$0
Feb 1995034216.58$0
Jan 1995027915.92$0
Dec 1994031715.03$0
Nov 1994029315.90$0
Oct 1994033015.58$0
Sep 1994034815.29$0
Aug 1994034316.13$0
Jul 1994029517.56$0
Jun 1994034017.09$0
May 1994034515.88$0
Apr 1994038014.14$0
Mar 1994043112.46$0
Feb 1994039812.50$0
Jan 1994045512.66$0
Dec 1993036312.33$0
Nov 1993044414.49$0
Oct 1993049415.85$0
Sep 1993060015.03$0
Aug 1993054915.66$0
Jul 1993045815.46$0
Jun 1993053716.79$0
May 1993051517.68$0
Apr 1993049718.05$0
Mar 1993058018.14$0
Feb 1993055217.90$0
Jan 1993053016.93$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.

Dec 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.01 =         $0
Gas                    6 Mcf  × $  2.30 =        $14

────────────────────────────────────────────────────
Month total                                      $14

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/87381 is the state's own key, not one this site invented.