SAUNDERS NCT-2

Name: SAUNDERS NCT-2 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DIAMOND S ENERGY COMPANY (P-5 217005) in the PANHANDLE, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 25959District 10Field 68826001NGPA filingGasSave Export

Value, all time

$319 k

Jan 1993 – Apr 2022

Value, last 12 filed months

at the published price for each month

Months reported

352

no gaps in the span

Streams

gas

The PANHANDLE, EAST field

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 2,114 leases and 2,114 wells, and the rule below applies to all of them.

Discovered

1935-12-10

as the register files it

Field class

Gas

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: “67% ACRES X SIWP + (PLUS) 33% DELIVERABILITY”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Gas	Production	125,646 Mcf	$318,661
Total			$318,661

43,840 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 35.4403, -100.7761. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.44034, -100.77613 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

2,523 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

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 2,523 ft.

Plug dates filed

Apr 2022

1 of 1 wells

1 well


42-17980568	109	2,523 ft	—	Apr 2022	Yes

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 (352)

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

352 months


Apr 2022	0	104.22	6.84	$0
Mar 2022	0	108.88	5.08	$0
Feb 2022	0	91.05	4.86	$0
Jan 2022	0	81.84	4.54	$0
Dec 2021	0	71.32	3.90	$0
Nov 2021	0	77.43	5.24	$0
Oct 2021	0	79.79	5.71	$0
Sep 2021	0	69.86	5.35	$0
Aug 2021	0	66.02	4.22	$0
Jul 2021	0	70.78	3.98	$0
Jun 2021	0	69.49	3.38	$0
May 2021	0	63.48	3.02	$0
Apr 2021	0	60.36	2.76	$0
Mar 2021	0	61.30	2.72	$0
Feb 2021	0	57.80	5.55	$0
Jan 2021	0	50.41	2.81	$0
Dec 2020	0	44.64	2.68	$0
Nov 2020	0	38.77	2.71	$0
Oct 2020	0	36.97	2.48	$0
Sep 2020	0	37.09	1.99	$0
Aug 2020	0	39.98	2.39	$0
Jul 2020	0	38.37	1.83	$0
Jun 2020	0	34.90	1.69	$0
May 2020	3	16.92	1.81	$5
Apr 2020	95	14.75	1.80	$171
Mar 2020	41	30.34	1.86	$76
Feb 2020	20	49.88	1.98	$40
Jan 2020	118	57.25	2.09	$247
Dec 2019	152	59.01	2.30	$350
Nov 2019	89	55.30	2.75	$245
Oct 2019	212	53.47	2.42	$513
Sep 2019	182	55.05	2.66	$484
Aug 2019	167	53.11	2.30	$385
Jul 2019	132	56.27	2.46	$325
Jun 2019	114	52.78	2.49	$284
May 2019	166	58.48	2.74	$455
Apr 2019	189	62.63	2.75	$520
Mar 2019	159	56.80	3.06	$487
Feb 2019	183	50.85	2.79	$511
Jan 2019	179	46.03	3.23	$578
Dec 2018	205	46.59	4.19	$858
Nov 2018	138	52.93	4.24	$585
Oct 2018	64	61.44	3.40	$217
Sep 2018	65	59.54	3.11	$202
Aug 2018	98	59.40	3.07	$301
Jul 2018	165	65.14	2.93	$484
Jun 2018	137	60.18	3.08	$422
May 2018	157	65.38	2.90	$455
Apr 2018	98	63.84	2.90	$284
Mar 2018	173	61.22	2.79	$482
Feb 2018	254	61.78	2.77	$703
Jan 2018	231	62.87	4.01	$926
Dec 2017	241	57.27	2.92	$704
Nov 2017	203	55.42	3.12	$633
Oct 2017	189	49.29	2.98	$564
Sep 2017	194	47.52	3.09	$599
Aug 2017	191	45.37	3.00	$574
Jul 2017	124	43.87	3.09	$383
Jun 2017	152	42.49	3.09	$469
May 2017	118	45.37	3.26	$385
Apr 2017	122	47.93	3.21	$392
Mar 2017	174	46.77	2.98	$519
Feb 2017	192	50.45	2.95	$567
Jan 2017	218	49.41	3.42	$745
Dec 2016	262	48.76	3.72	$975
Nov 2016	231	42.49	2.64	$611
Oct 2016	217	46.19	3.09	$671
Sep 2016	222	41.55	3.10	$688
Aug 2016	176	41.44	2.92	$515
Jul 2016	120	41.62	2.92	$351
Jun 2016	57	45.35	2.69	$153
May 2016	152	42.52	1.99	$303
Apr 2016	194	36.56	1.99	$386
Mar 2016	152	33.01	1.79	$273
Feb 2016	23	26.47	2.06	$47
Jan 2016	183	27.35	2.36	$433
Dec 2015	143	32.36	2.00	$286
Nov 2015	208	38.79	2.17	$451
Oct 2015	255	43.55	2.43	$619
Sep 2015	150	42.99	2.76	$414
Aug 2015	126	40.16	2.87	$362
Jul 2015	203	48.15	2.95	$598
Jun 2015	136	56.15	2.88	$392
May 2015	59	55.21	2.96	$174
Apr 2015	66	49.82	2.71	$179
Mar 2015	171	42.89	2.93	$502
Feb 2015	151	44.66	2.98	$449
Jan 2015	153	43.43	3.10	$474
Dec 2014	179	54.69	3.59	$643
Nov 2014	185	70.46	4.25	$787
Oct 2014	231	78.30	3.90	$901
Sep 2014	205	86.16	4.05	$829
Aug 2014	198	89.39	4.04	$799
Jul 2014	215	96.56	4.18	$899
Jun 2014	193	98.16	4.74	$914
May 2014	200	94.73	4.73	$945
Apr 2014	197	95.94	4.81	$947
Mar 2014	215	95.89	5.06	$1,087
Feb 2014	200	97.40	6.19	$1,238
Jan 2014	238	90.40	4.86	$1,157
Dec 2013	246	91.82	4.35	$1,071
Nov 2013	256	88.85	3.74	$957
Oct 2013	50	97.42	3.78	$189
Sep 2013	120	104.11	3.72	$446
Aug 2013	107	104.25	3.52	$377
Jul 2013	190	102.52	3.72	$706
Jun 2013	231	94.40	3.93	$909
May 2013	244	94.83	4.15	$1,012
Apr 2013	224	93.96	4.28	$959
Mar 2013	199	93.62	3.91	$779
Feb 2013	238	91.23	3.42	$814
Jan 2013	266	91.60	3.42	$910
Dec 2012	274	86.77	3.42	$937
Nov 2012	258	86.95	3.62	$935
Oct 2012	240	89.38	3.40	$816
Sep 2012	230	94.67	2.92	$671
Aug 2012	238	92.66	2.91	$692
Jul 2012	114	85.13	3.02	$344
Jun 2012	276	79.82	2.52	$695
May 2012	319	91.61	2.49	$794
Apr 2012	295	101.65	2.00	$589
Mar 2012	295	105.05	2.22	$656
Feb 2012	171	101.10	2.57	$440
Jan 2012	89	98.09	2.73	$243
Dec 2011	304	96.87	3.24	$985
Nov 2011	297	95.72	3.31	$983
Oct 2011	313	84.98	3.65	$1,142
Sep 2011	281	83.62	3.99	$1,120
Aug 2011	249	83.40	4.15	$1,033
Jul 2011	222	94.14	4.52	$1,003
Jun 2011	223	92.90	4.64	$1,035
May 2011	215	98.13	4.40	$947
Apr 2011	276	105.96	4.33	$1,196
Mar 2011	298	96.36	4.06	$1,209
Feb 2011	161	85.64	4.18	$673
Jan 2011	271	86.50	4.59	$1,244
Dec 2010	188	85.73	4.35	$817
Nov 2010	254	80.84	3.80	$964
Oct 2010	268	78.10	3.51	$940
Sep 2010	203	72.63	3.98	$808
Aug 2010	185	73.68	4.42	$818
Jul 2010	222	72.55	4.74	$1,052
Jun 2010	224	70.36	4.91	$1,100
May 2010	220	71.12	4.24	$932
Apr 2010	236	81.69	4.12	$973
Mar 2010	249	78.39	4.39	$1,093
Feb 2010	234	73.58	5.44	$1,274
Jan 2010	326	74.36	5.96	$1,944
Dec 2009	328	71.44	5.48	$1,799
Nov 2009	250	74.59	3.75	$938
Oct 2009	263	72.54	4.11	$1,081
Sep 2009	171	65.54	3.06	$524
Aug 2009	215	67.42	3.22	$692
Jul 2009	207	61.13	3.46	$717
Jun 2009	206	66.16	3.90	$802
May 2009	215	54.74	3.93	$844
Apr 2009	159	46.77	3.59	$570
Mar 2009	113	42.14	4.06	$459
Feb 2009	188	32.81	4.63	$871
Jan 2009	206	35.86	5.37	$1,106
Dec 2008	211	37.10	5.98	$1,261
Nov 2008	212	55.49	6.86	$1,454
Oct 2008	220	75.24	6.92	$1,523
Sep 2008	207	101.76	7.88	$1,631
Aug 2008	195	114.22	8.48	$1,654
Jul 2008	174	131.08	11.39	$1,982
Jun 2008	167	131.33	13.03	$2,176
May 2008	204	123.17	11.57	$2,361
Apr 2008	184	110.31	10.45	$1,924
Mar 2008	217	101.90	9.66	$2,097
Feb 2008	184	92.53	8.77	$1,614
Jan 2008	215	90.38	8.21	$1,764
Dec 2007	226	88.33	7.30	$1,650
Nov 2007	173	91.67	7.29	$1,261
Oct 2007	214	82.85	6.92	$1,481
Sep 2007	205	75.84	6.24	$1,280
Aug 2007	194	69.06	6.39	$1,239
Jul 2007	183	70.90	6.39	$1,169
Jun 2007	173	62.00	7.55	$1,306
May 2007	212	58.74	7.85	$1,663
Apr 2007	221	59.61	7.81	$1,725
Mar 2007	173	56.92	7.30	$1,263
Feb 2007	186	55.10	8.22	$1,528
Jan 2007	253	50.30	6.73	$1,702
Dec 2006	246	56.65	6.92	$1,702
Nov 2006	243	54.20	7.62	$1,851
Oct 2006	240	54.90	6.01	$1,443
Sep 2006	235	60.08	5.04	$1,184
Aug 2006	138	68.71	7.34	$1,013
Jul 2006	179	69.37	6.34	$1,135
Jun 2006	129	66.28	6.38	$824
May 2006	191	66.01	6.42	$1,227
Apr 2006	152	64.39	7.36	$1,119
Mar 2006	105	56.70	7.08	$744
Feb 2006	159	57.59	7.75	$1,232
Jan 2006	223	60.59	8.93	$1,992
Dec 2005	238	54.94	13.42	$3,193
Nov 2005	206	54.69	10.59	$2,181
Oct 2005	204	58.34	13.80	$2,814
Sep 2005	180	61.45	12.08	$2,174
Aug 2005	209	61.51	9.80	$2,048
Jul 2005	179	55.69	7.84	$1,404
Jun 2005	151	52.33	7.38	$1,115
May 2005	158	45.22	6.65	$1,051
Apr 2005	300	49.20	7.36	$2,208
Mar 2005	219	50.37	7.15	$1,567
Feb 2005	291	45.22	6.31	$1,837
Jan 2005	269	43.16	6.32	$1,701
Dec 2004	212	39.86	6.75	$1,431
Nov 2004	253	45.28	6.33	$1,602
Oct 2004	199	49.70	6.52	$1,297
Sep 2004	219	43.24	5.28	$1,157
Aug 2004	203	42.37	5.55	$1,127
Jul 2004	182	38.28	6.08	$1,107
Jun 2004	177	36.10	6.43	$1,139
May 2004	172	37.48	6.49	$1,117
Apr 2004	175	34.47	5.86	$1,025
Mar 2004	264	34.36	5.53	$1,460
Feb 2004	249	32.45	5.51	$1,372
Jan 2004	270	32.03	6.30	$1,701
Dec 2003	257	30.26	6.30	$1,620
Nov 2003	231	28.80	4.60	$1,061
Oct 2003	266	28.17	4.76	$1,266
Sep 2003	268	26.31	4.75	$1,273
Aug 2003	1,306	29.76	5.13	$6,699
Jul 2003	269	29.41	5.17	$1,391
Jun 2003	304	28.56	5.98	$1,819
May 2003	312	26.59	5.97	$1,863
Apr 2003	336	26.67	5.41	$1,817
Mar 2003	347	31.14	6.10	$2,115
Feb 2003	307	33.48	7.93	$2,433
Jan 2003	333	30.31	5.58	$1,859
Dec 2002	384	26.91	4.85	$1,864
Nov 2002	360	24.66	4.14	$1,489
Oct 2002	47	26.46	4.23	$199
Sep 2002	0	27.44	3.64	$0
Aug 2002	115	25.96	3.16	$364
Jul 2002	308	24.58	3.06	$943
Jun 2002	295	23.73	3.34	$985
May 2002	302	24.66	3.58	$1,082
Apr 2002	267	23.65	3.51	$938
Mar 2002	337	22.00	3.10	$1,046
Feb 2002	301	18.22	2.38	$715
Jan 2002	342	17.17	2.38	$812
Dec 2001	277	16.93	2.36	$655
Nov 2001	278	18.07	2.41	$669
Oct 2001	248	19.78	2.53	$627
Sep 2001	133	24.26	2.25	$299
Aug 2001	219	24.87	3.05	$669
Jul 2001	198	23.93	3.20	$633
Jun 2001	169	24.56	3.82	$646
May 2001	171	25.52	4.31	$737
Apr 2001	224	24.68	5.34	$1,195
Mar 2001	260	24.54	5.38	$1,398
Feb 2001	171	27.75	5.77	$986
Jan 2001	239	27.47	8.40	$2,007
Dec 2000	250	26.88	9.12	$2,281
Nov 2000	165	32.21	5.66	$934
Oct 2000	127	31.23	5.15	$653
Sep 2000	361	31.87	5.19	$1,872
Aug 2000	558	29.64	4.54	$2,534
Jul 2000	530	28.53	4.09	$2,168
Jun 2000	584	29.30	4.40	$2,568
May 2000	539	27.26	3.68	$1,983
Apr 2000	634	24.51	3.12	$1,976
Mar 2000	727	28.42	2.86	$2,079
Feb 2000	794	27.62	2.73	$2,165
Jan 2000	713	25.27	2.48	$1,769
Dec 1999	735	24.28	2.42	$1,781
Nov 1999	798	23.19	2.43	$1,942
Oct 1999	743	20.98	2.80	$2,083
Sep 1999	719	21.75	2.62	$1,883
Aug 1999	558	19.26	2.88	$1,605
Jul 1999	594	17.89	2.37	$1,409
Jun 1999	729	15.94	2.36	$1,722
May 1999	696	15.79	2.32	$1,615
Apr 1999	808	15.10	2.21	$1,784
Mar 1999	813	12.47	1.84	$1,495
Feb 1999	746	9.98	1.82	$1,356
Jan 1999	760	10.38	1.90	$1,444
Dec 1998	807	9.20	1.77	$1,431
Nov 1998	761	10.89	2.19	$1,663
Oct 1998	846	12.42	1.97	$1,666
Sep 1998	872	12.59	2.08	$1,816
Aug 1998	741	11.30	1.91	$1,413
Jul 1998	723	11.74	2.24	$1,618
Jun 1998	738	11.24	2.24	$1,651
May 1998	827	12.62	2.21	$1,825
Apr 1998	830	13.04	2.51	$2,079
Mar 1998	819	12.80	2.31	$1,891
Feb 1998	624	13.95	2.30	$1,435
Jan 1998	701	14.70	2.15	$1,511
Dec 1997	791	16.32	2.41	$1,907
Nov 1997	767	18.19	3.09	$2,369
Oct 1997	738	19.25	3.15	$2,325
Sep 1997	798	17.74	2.95	$2,358
Aug 1997	757	17.86	2.55	$1,934
Jul 1997	744	17.58	2.25	$1,672
Jun 1997	804	17.24	2.26	$1,815
May 1997	833	18.97	2.31	$1,923
Apr 1997	788	17.88	2.08	$1,641
Mar 1997	846	18.95	1.94	$1,641
Feb 1997	770	20.49	2.21	$1,699
Jan 1997	817	23.48	3.54	$2,892
Dec 1996	814	23.32	—	$0
Nov 1996	795	21.97	—	$0
Oct 1996	756	23.31	—	$0
Sep 1996	813	22.22	—	$0
Aug 1996	857	20.26	—	$0
Jul 1996	880	19.55	—	$0
Jun 1996	870	18.73	—	$0
May 1996	850	19.43	—	$0
Apr 1996	898	21.51	—	$0
Mar 1996	923	19.38	—	$0
Feb 1996	873	16.98	—	$0
Jan 1996	897	17.07	—	$0
Dec 1995	904	17.19	—	$0
Nov 1995	910	16.00	—	$0
Oct 1995	952	15.43	—	$0
Sep 1995	871	16.18	—	$0
Aug 1995	995	15.92	—	$0
Jul 1995	851	15.24	—	$0
Jun 1995	875	16.41	—	$0
May 1995	921	17.56	—	$0
Apr 1995	894	17.73	—	$0
Mar 1995	893	16.44	—	$0
Feb 1995	899	16.58	—	$0
Jan 1995	931	15.92	—	$0
Dec 1994	925	15.03	—	$0
Nov 1994	968	15.90	—	$0
Oct 1994	888	15.58	—	$0
Sep 1994	923	15.29	—	$0
Aug 1994	967	16.13	—	$0
Jul 1994	857	17.56	—	$0
Jun 1994	868	17.09	—	$0
May 1994	987	15.88	—	$0
Apr 1994	951	14.14	—	$0
Mar 1994	989	12.46	—	$0
Feb 1994	830	12.50	—	$0
Jan 1994	950	12.66	—	$0
Dec 1993	997	12.33	—	$0
Nov 1993	781	14.49	—	$0
Oct 1993	991	15.85	—	$0
Sep 1993	957	15.03	—	$0
Aug 1993	1,054	15.66	—	$0
Jul 1993	978	15.46	—	$0
Jun 1993	1,023	16.79	—	$0
May 1993	984	17.68	—	$0
Apr 1993	974	18.05	—	$0
Mar 1993	1,080	18.14	—	$0
Feb 1993	883	17.90	—	$0
Jan 1993	913	16.93	—	$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.

May 2020 — as filed, then multipliedworked

Gas                    3 Mcf  × $  1.81 =         $5

────────────────────────────────────────────────────
Month total                                       $5

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/25959 is the state's own key, not one this site invented.