LOOP, TODD

Operated by SAGE OIL AND GAS, LLC (P-5 743222) in the PERRIN, SW (CONGL 4850) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 97221District 09Field 70655500NGPA filingCondensateGasSaveExport
Value, all time
$439 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 16 leases and 16 wells, and the rule below applies to all of them.

Discovered
1979-06-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 02/01/2011.

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
CondensateDisposition4 bbl$181
GasProduction103,094 Mcf$438,661
Total$438,842

19,518 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 33.0249, -98.0804. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.02492, -98.08039 · 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
5,523 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 5,523 ft.

Completions filed
Nov 1981
1 of 1 wells

1 well

42-2373405115,523 ftNov 1981

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 20210669.493.38$20
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 20200914.751.80$16
Mar 20200930.341.86$17
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 201904559.012.30$104
Nov 201903955.302.75$107
Oct 201901453.472.42$34
Sep 201901655.052.66$43
Aug 20190053.112.30$0
Jul 201906856.272.46$167
Jun 2019010852.782.49$269
May 2019024558.482.74$671
Apr 2019022762.632.75$624
Mar 2019023756.803.06$726
Feb 2019019750.852.79$550
Jan 2019023246.033.23$749
Dec 2018023646.594.19$988
Nov 2018021352.934.24$903
Oct 2018022261.443.40$754
Sep 2018015159.543.11$469
Aug 2018016759.403.07$512
Jul 2018020865.142.93$610
Jun 2018021660.183.08$665
May 2018017665.382.90$511
Apr 2018011163.842.90$322
Mar 2018015561.222.79$432
Feb 2018022261.782.77$614
Jan 2018033862.874.01$1,355
Dec 2017042157.272.92$1,230
Nov 201702655.423.12$81
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 20160648.763.72$22
Nov 20160742.492.64$19
Oct 2016013946.193.09$430
Sep 2016028141.553.10$871
Aug 2016020241.442.92$591
Jul 2016016641.622.92$485
Jun 2016011745.352.69$314
May 2016010842.521.99$215
Apr 2016015536.561.99$309
Mar 2016024233.011.79$434
Feb 2016031326.472.06$646
Jan 2016029527.352.36$697
Dec 2015027632.362.00$552
Nov 201509038.792.17$195
Oct 2015016943.552.43$410
Sep 2015014842.992.76$408
Aug 201508340.162.87$238
Jul 20150748.152.95$21
Jun 20150856.152.88$23
May 20150955.212.96$27
Apr 2015027949.822.71$755
Mar 2015019342.892.93$566
Feb 20150944.662.98$27
Jan 201503043.433.10$93
Dec 201409754.693.59$348
Nov 2014025270.464.25$1,071
Oct 2014012678.303.90$492
Sep 2014050786.164.05$2,051
Aug 2014042389.394.04$1,707
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 201402395.944.81$111
Mar 2014021295.895.06$1,072
Feb 2014027597.406.19$1,703
Jan 2014024990.404.86$1,210
Dec 2013041891.824.35$1,820
Nov 2013028988.853.74$1,080
Oct 2013042497.423.78$1,602
Sep 20130371104.113.72$1,379
Aug 20130151104.253.52$532
Jul 20130354102.523.72$1,316
Jun 2013040894.403.93$1,605
May 2013057294.834.15$2,373
Apr 2013030093.964.28$1,285
Mar 2013036993.623.91$1,444
Feb 201305091.233.42$171
Jan 2013017891.603.42$609
Dec 2012036586.773.42$1,248
Nov 2012012886.953.62$464
Oct 2012039389.383.40$1,336
Sep 2012045894.672.92$1,337
Aug 2012031792.662.91$922
Jul 2012033985.133.02$1,024
Jun 2012021579.822.52$542
May 2012035391.612.49$878
Apr 201206101.652.00$12
Mar 20120459105.052.22$1,020
Feb 20120397101.102.57$1,020
Jan 2012056498.092.73$1,542
Dec 2011040196.873.24$1,299
Nov 2011046495.723.31$1,536
Oct 2011049584.983.65$1,806
Sep 2011040283.623.99$1,602
Aug 2011063183.404.15$2,618
Jul 2011063494.144.52$2,864
Jun 2011039592.904.64$1,833
May 2011024998.134.40$1,097
Apr 20110417105.964.33$1,807
Mar 2011055696.364.06$2,256
Feb 2011020685.644.18$861
Jan 2011026386.504.59$1,207
Dec 2010043185.734.35$1,874
Nov 2010041880.843.80$1,586
Oct 2010035678.103.51$1,249
Sep 2010016472.633.98$653
Aug 2010023773.684.42$1,047
Jul 2010013772.554.74$649
Jun 2010044770.364.91$2,195
May 2010045071.124.24$1,906
Apr 2010054181.694.12$2,230
Mar 2010046978.394.39$2,058
Feb 2010040573.585.44$2,204
Jan 2010047574.365.96$2,833
Dec 2009049471.445.48$2,709
Nov 2009057274.593.75$2,146
Oct 2009052572.544.11$2,158
Sep 2009054865.543.06$1,679
Aug 2009056967.423.22$1,831
Jul 2009056061.133.46$1,940
Jun 2009032166.163.90$1,250
May 2009057054.743.93$2,238
Apr 2009057246.773.59$2,052
Mar 2009057442.144.06$2,330
Feb 2009053432.814.63$2,474
Jan 2009058835.865.37$3,158
Dec 2008060837.105.98$3,634
Nov 2008057655.496.86$3,952
Oct 2008060175.246.92$4,160
Sep 20080637101.767.88$5,018
Aug 20080454114.228.48$3,851
Jul 20080395131.0811.39$4,499
Jun 20080620131.3313.03$8,080
May 20080568123.1711.57$6,574
Apr 20080252110.3110.45$2,635
Mar 20080370101.909.66$3,576
Feb 2008046692.538.77$4,087
Jan 2008069890.388.21$5,728
Dec 2007042888.337.30$3,125
Nov 2007040791.677.29$2,968
Oct 2007060082.856.92$4,153
Sep 2007061975.846.24$3,865
Aug 2007054069.066.39$3,449
Jul 2007039770.906.39$2,536
Jun 2007015062.007.55$1,132
May 2007057758.747.85$4,527
Apr 2007059559.617.81$4,644
Mar 2007059556.927.30$4,345
Feb 2007067355.108.22$5,529
Jan 2007060350.306.73$4,056
Dec 2006041456.656.92$2,864
Nov 2006026254.207.62$1,996
Oct 2006064454.906.01$3,873
Sep 2006069860.085.04$3,516
Aug 2006077868.717.34$5,710
Jul 2006074869.376.34$4,744
Jun 2006039166.286.38$2,496
May 2006075966.016.42$4,877
Apr 2006086664.397.36$6,374
Mar 2006026356.707.08$1,863
Feb 2006056657.597.75$4,387
Jan 2006079460.598.93$7,093
Dec 2005071954.9413.42$9,646
Nov 2005087454.6910.59$9,254
Oct 2005089658.3413.80$12,361
Sep 2005081661.4512.08$9,856
Aug 2005056461.519.80$5,525
Jul 2005089955.697.84$7,051
Jun 2005098052.337.38$7,233
May 2005088445.226.65$5,880
Apr 2005067449.207.36$4,961
Mar 2005097550.377.15$6,976
Feb 2005471045.226.31$4,662
Jan 2005020343.166.32$1,283
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004059149.706.52$3,850
Sep 2004021343.245.28$1,125
Aug 20040042.375.55$0
Jul 2004025538.286.08$1,551
Jun 2004030036.106.43$1,930
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 2004016534.365.53$912
Feb 2004026232.455.51$1,444
Jan 2004022332.036.30$1,405
Dec 2003019430.266.30$1,223
Nov 2003026128.804.60$1,199
Oct 2003022128.174.76$1,052
Sep 2003020826.314.75$988
Aug 2003025929.765.13$1,329
Jul 2003025429.415.17$1,313
Jun 2003023228.565.98$1,388
May 2003028126.595.97$1,678
Apr 2003025526.675.41$1,379
Mar 2003034531.146.10$2,103
Feb 2003035233.487.93$2,790
Jan 2003036430.315.58$2,032
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 200204718.222.38$112
Jan 2002023317.172.38$554
Dec 2001024016.932.36$567
Nov 2001018918.072.41$455
Oct 2001020419.782.53$516
Sep 2001018924.262.25$426
Aug 2001021724.873.05$663
Jul 2001018823.933.20$601
Jun 2001018624.563.82$711
May 2001020225.524.31$870
Apr 2001025824.685.34$1,377
Mar 2001023324.545.38$1,253
Feb 2001026027.755.77$1,499
Jan 2001023727.478.40$1,991
Dec 2000022726.889.12$2,071
Nov 2000024832.215.66$1,403
Oct 2000027731.235.15$1,425
Sep 2000022531.875.19$1,167
Aug 2000025629.644.54$1,162
Jul 2000025928.534.09$1,059
Jun 2000023329.304.40$1,025
May 2000031627.263.68$1,163
Apr 2000025424.513.12$791
Mar 2000027628.422.86$789
Feb 2000023627.622.73$643
Jan 2000028425.272.48$704
Dec 1999030024.282.42$727
Nov 1999032523.192.43$791
Oct 1999036320.982.80$1,018
Sep 1999014721.752.62$385
Aug 1999017419.262.88$500
Jul 1999024817.892.37$588
Jun 1999023915.942.36$565
May 1999026315.792.32$610
Apr 1999024915.102.21$550
Mar 1999025712.471.84$472
Feb 199902419.981.82$438
Jan 1999025110.381.90$477
Dec 199802789.201.77$493
Nov 1998029710.892.19$649
Oct 1998027612.421.97$544
Sep 1998026612.592.08$554
Aug 1998024411.301.91$465
Jul 1998026011.742.24$582
Jun 1998029011.242.24$649
May 1998027212.622.21$600
Apr 1998025913.042.51$649
Mar 1998025612.802.31$591
Feb 1998025113.952.30$577
Jan 1998026714.702.15$575
Dec 1997028716.322.41$692
Nov 1997026718.193.09$825
Oct 1997030519.253.15$961
Sep 1997026917.742.95$795
Aug 1997028817.862.55$736
Jul 1997028217.582.25$634
Jun 1997034317.242.26$774
May 1997030718.972.31$709
Apr 1997029517.882.08$614
Mar 1997030818.951.94$597
Feb 1997025920.492.21$571
Jan 1997032023.483.54$1,133
Dec 1996033823.32$0
Nov 1996033221.97$0
Oct 1996035723.31$0
Sep 1996042322.22$0
Aug 1996045420.26$0
Jul 1996034819.55$0
Jun 1996035118.73$0
May 1996036219.43$0
Apr 1996035921.51$0
Mar 1996034119.38$0
Feb 1996033816.98$0
Jan 1996038517.07$0
Dec 1995040417.19$0
Nov 1995042016.00$0
Oct 1995045415.43$0
Sep 1995044116.18$0
Aug 1995046115.92$0
Jul 1995044715.24$0
Jun 1995040116.41$0
May 1995044717.56$0
Apr 1995039817.73$0
Mar 1995040516.44$0
Feb 1995037916.58$0
Jan 1995042515.92$0
Dec 1994041015.03$0
Nov 1994038115.90$0
Oct 1994042415.58$0
Sep 1994042615.29$0
Aug 1994042616.13$0
Jul 1994042717.56$0
Jun 1994039117.09$0
May 1994039615.88$0
Apr 1994038714.14$0
Mar 1994037312.46$0
Feb 1994035912.50$0
Jan 1994042112.66$0
Dec 1993039712.33$0
Nov 1993044414.49$0
Oct 1993044215.85$0
Sep 1993047715.03$0
Aug 1993048415.66$0
Jul 1993044915.46$0
Jun 1993044816.79$0
May 1993043317.68$0
Apr 1993042518.05$0
Mar 1993042418.14$0
Feb 1993037817.90$0
Jan 1993042616.93$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.

Jun 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 69.49 =         $0
Gas                    6 Mcf  × $  3.38 =        $20

────────────────────────────────────────────────────
Month total                                      $20

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/97221 is the state's own key, not one this site invented.