SANFORD

Operated by RASS OPERATING (P-5 693700) in the PANHANDLE HUTCHINSON COUNTY FLD. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4934District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$88 k
Jan 1993 – Aug 2002
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
116
no gaps in the span
Streams
2
oil, casinghead 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 918 leases and 8,177 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

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
OilDisposition1,242 bbl$21,193
Casinghead gasProduction52,859 Mcf$67,190
Total$88,383

32,074 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 35.7001, -101.5198. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.70012, -101.51981 · 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
3,050 ft
1 wells filed one
Completion to plug
11.3 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 3,050 ft.

Completions filed
May 2002
1 of 1 wells
Plug dates filed
Sep 2013
1 of 1 wells

Last completion to plug: a median of 11.3 years across the 1 well that filed both dates, with the middle half between 11.3 years and 11.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2333104413,050 ftMay 2002Sep 2013Yes

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 (116)

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

116 months

Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 2002123023.733.34$2,919
May 20020024.663.58$0
Apr 2002022723.653.51$797
Mar 2002026722.003.10$828
Feb 2002019118.222.38$454
Jan 2002031917.172.38$758
Dec 20010016.932.36$0
Nov 2001028718.072.41$690
Oct 2001031019.782.53$784
Sep 2001026824.262.25$603
Aug 2001032324.873.05$986
Jul 2001029923.933.20$956
Jun 2001027124.563.82$1,036
May 2001023625.524.31$1,017
Apr 200114917024.685.34$4,584
Mar 2001036324.545.38$1,952
Feb 2001031027.755.77$1,788
Jan 2001044127.478.40$3,704
Dec 2000048026.889.12$4,379
Nov 2000059732.215.66$3,378
Oct 2000051231.235.15$2,635
Sep 2000034731.875.19$1,800
Aug 2000037029.644.54$1,680
Jul 2000014528.534.09$593
Jun 2000056029.304.40$2,462
May 2000035427.263.68$1,303
Apr 2000025224.513.12$785
Mar 2000026628.422.86$761
Feb 2000022627.622.73$616
Jan 200007225.272.48$179
Dec 1999028624.282.42$693
Nov 1999032723.192.43$796
Oct 1999032020.982.80$897
Sep 1999074821.752.62$1,959
Aug 1999044919.262.88$1,291
Jul 1999045917.892.37$1,089
Jun 1999037415.942.36$883
May 1999030315.792.32$703
Apr 19990015.102.21$0
Mar 199911047812.471.84$2,250
Feb 199902359.981.82$427
Jan 1999030110.381.90$572
Dec 199802399.201.77$424
Nov 1998030610.892.19$669
Oct 1998041912.421.97$825
Sep 199815633912.592.08$2,670
Aug 1998031311.301.91$597
Jul 1998031511.742.24$705
Jun 1998022611.242.24$506
May 1998024312.622.21$536
Apr 199815834413.042.51$2,922
Mar 1998033912.802.31$783
Feb 1998020813.952.30$478
Jan 1998028614.702.15$616
Dec 1997028616.322.41$690
Nov 1997018918.193.09$584
Oct 1997024519.253.15$772
Sep 1997033617.742.95$993
Aug 1997030817.862.55$787
Jul 1997047417.582.25$1,065
Jun 1997042017.242.26$948
May 1997026718.972.31$616
Apr 1997036217.882.08$754
Mar 1997034218.951.94$663
Feb 1997058720.492.21$1,295
Jan 1997164923.483.54$2,321
Dec 1996164123.32$23
Nov 1996255521.97$44
Oct 1996069623.31$0
Sep 1996168622.22$22
Aug 1996067220.26$0
Jul 1996064719.55$0
Jun 1996071118.73$0
May 199615675119.43$3,031
Apr 1996068321.51$0
Mar 1996060119.38$0
Feb 1996056516.98$0
Jan 1996060017.07$0
Dec 1995048617.19$0
Nov 1995049716.00$0
Oct 1995064915.43$0
Sep 1995066516.18$0
Aug 1995068315.92$0
Jul 1995076315.24$0
Jun 1995071416.41$0
May 199515049317.56$2,634
Apr 1995068817.73$0
Mar 1995065416.44$0
Feb 1995055816.58$0
Jan 1995063115.92$0
Dec 1994065515.03$0
Nov 1994064815.90$0
Oct 1994075115.58$0
Sep 1994075015.29$0
Aug 1994076816.13$0
Jul 1994080117.56$0
Jun 1994063917.09$0
May 1994038715.88$0
Apr 199415965414.14$2,248
Mar 1994066212.46$0
Feb 1994060012.50$0
Jan 1994073212.66$0
Dec 1993068912.33$0
Nov 1993069114.49$0
Oct 1993075515.85$0
Sep 1993065315.03$0
Aug 1993079615.66$0
Jul 19937686415.46$1,175
Jun 1993073016.79$0
May 1993069717.68$0
Apr 1993071918.05$0
Mar 1993084618.14$0
Feb 1993075717.90$0
Jan 1993054116.93$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 2002 — as filed, then multipliedworked
Oil                  123 bbl  × $ 23.73 =     $2,919
Casinghead gas         0 Mcf  × $  3.34 =         $0

────────────────────────────────────────────────────
Month total                                   $2,919

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/O/4934 is the state's own key, not one this site invented.