SIDNEY

Operated by TAPSTONE ENERGY, LLC (P-5 836005) in the STILES RANCH (GRANITE WASH CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 248722District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Jan 2009 – Oct 2018
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
118
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 906 leases and 906 wells, and the rule below applies to all of them.

Discovered
2008-06-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-10-11.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112010-10-28200151
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
CondensateDisposition9,640 bbl$680,343
GasProduction1,295,043 Mcf$5,008,754
Total$5,689,098

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 35.4240, -100.0921. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.42403, -100.09205 · 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
16,820 ft
1 wells filed one
Completion to plug
9.8 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 16,820 ft.

Completions filed
Jan 2009
1 of 1 wells
Plug dates filed
Nov 2018
1 of 1 wells

Last completion to plug: a median of 9.8 years across the 1 well that filed both dates, with the middle half between 9.8 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4833270930516,820 ftJan 2009Nov 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 (118)

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

118 months

Oct 2018144061.443.40$8,847
Sep 2018013259.543.11$410
Aug 2018121159.403.07$7,190
Jul 20180065.142.93$0
Jun 20180060.183.08$0
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 201504948.152.95$144
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150249.822.71$5
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 2014040389.394.04$1,626
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014020295.944.81$971
Mar 2014078195.895.06$3,949
Feb 201419063597.406.19$22,438
Jan 201402,35490.404.86$11,442
Dec 2013056291.824.35$2,447
Nov 201301,13888.853.74$4,254
Oct 201302,17297.423.78$8,209
Sep 201302,478104.113.72$9,213
Aug 201302,994104.253.52$10,547
Jul 201304,104102.523.72$15,258
Jun 201304,85794.403.93$19,105
May 201307,11594.834.15$29,521
Apr 20131868,92793.964.28$55,707
Mar 2013012,82593.623.91$50,183
Feb 20131918,84591.233.42$47,674
Jan 2013010,09691.603.42$34,527
Dec 2012012,34886.773.42$42,232
Nov 201218313,87986.953.62$66,223
Oct 2012015,09089.383.40$51,301
Sep 201219516,34894.672.92$66,171
Aug 201219319,80492.662.91$75,477
Jul 2012017,61085.133.02$53,196
Jun 201218315,42679.822.52$53,466
May 201219015,86091.612.49$56,871
Apr 2012016,990101.652.00$33,926
Mar 201218919,459105.052.22$63,094
Feb 2012019,516101.102.57$50,161
Jan 2012017,61198.092.73$48,150
Dec 2011019,30696.873.24$62,546
Nov 201118719,19295.723.31$81,450
Oct 201118315,41184.983.65$71,779
Sep 2011017,01283.623.99$67,806
Aug 2011019,60183.404.15$81,331
Jul 201118712,76994.144.52$75,285
Jun 201107,25592.904.64$33,662
May 20111855,96598.134.40$44,429
Apr 201101,417105.964.33$6,140
Mar 201102,25596.364.06$9,149
Feb 201104,27285.644.18$17,857
Jan 201105,18086.504.59$23,770
Dec 201005,53385.734.35$24,056
Nov 2010627,98680.843.80$35,322
Oct 201018710,34878.103.51$50,915
Sep 2010012,48272.633.98$49,672
Aug 201018816,13673.684.42$85,163
Jul 2010017,42672.554.74$82,538
Jun 201018518,67370.364.91$104,709
May 201019023,94171.124.24$114,908
Apr 2010023,91081.694.12$98,574
Mar 201037727,39178.394.39$149,763
Feb 201019423,89373.585.44$144,309
Jan 201018334,68974.365.96$220,496
Dec 200956338,17871.445.48$249,579
Nov 200918243,04274.593.75$175,047
Oct 200937746,67372.544.11$219,185
Sep 200937954,41765.543.06$191,614
Aug 200936361,06367.423.22$221,005
Jul 200957164,48661.133.46$258,317
Jun 200974781,92866.163.90$368,531
May 200992996,20954.743.93$428,546
Apr 200971687,46346.773.59$347,261
Mar 200935325,72242.144.06$119,281
Feb 200918738,15232.814.63$182,894
Jan 2009035,05435.865.37$188,275

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.

Oct 2018 — as filed, then multipliedworked
Condensate           144 bbl  × $ 61.44 =     $8,847
Gas                    0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                   $8,847

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. 10/G/248722 is the state's own key, not one this site invented.