SAUNDERS, G. H.

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

Operated by LEJAN, INC. (P-5 495727) in the PANHANDLE GRAY COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 494District 10Field 68873001NGPA filingOilCasinghead gasSave Export

Value, all time

$272 k

Jan 1993 – Dec 2007

Value, last 12 filed months

$23 k

at the published price for each month

Months reported

180

no gaps in the span

Streams

oil, casinghead gas

The PANHANDLE GRAY COUNTY FIELD 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 837 leases and 6,360 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: “UNTIL THE FLUID MIGRATION FROM SUCH STRATA IS ELIMINATED.”

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	2	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
Oil	Disposition	10,086 bbl	$268,766
Casinghead gas	Production	1,590 Mcf	$2,842
Total			$271,608

776 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 (5)

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 35.4688, -100.7772. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

35.46954, -100.77633 · 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

60.0%

3 of 5 wells

With a plug date

60.0%

3 of 5 wells

Median depth

2,976 ft

3 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

360.0%

A plug date is filed

360.0%

BothOn the schedule and plugged. Neither fact cancels the other.

360.0%

NeitherNo plug date, and not on the schedule.

240.0%

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

Between 2,918 and 2,976 ft, median 2,976 ft, over the 3 wells that filed a depth.

Plug dates filed

Sep 1983

3 of 5 wells; 2 filed none

5 wells


42-17982485	1W	2,918 ft	—	Sep 1983	Yes
42-17982487	3	2,976 ft	—	Sep 1983	Yes
42-17982488	4W	2,976 ft	—	Sep 1983	Yes
42-17982484	1	—	—	—	—
42-17982486	2	—	—	—	—

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 (180)

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

180 months


Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	48	0	69.06	6.39	$3,315
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	179	0	58.74	7.85	$10,514
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	181	0	50.30	6.73	$9,104
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	181	0	54.90	6.01	$9,937
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	175	0	69.37	6.34	$12,140
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	176	0	57.59	7.75	$10,136
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	179	0	61.45	12.08	$11,000
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	177	0	45.22	6.65	$8,004
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	148	0	43.16	6.32	$6,388
Dec 2004	0	1	39.86	6.75	$7
Nov 2004	0	1	45.28	6.33	$6
Oct 2004	179	1	49.70	6.52	$8,903
Sep 2004	0	1	43.24	5.28	$5
Aug 2004	0	1	42.37	5.55	$6
Jul 2004	150	1	38.28	6.08	$5,748
Jun 2004	0	1	36.10	6.43	$6
May 2004	0	1	37.48	6.49	$6
Apr 2004	180	1	34.47	5.86	$6,210
Mar 2004	0	1	34.36	5.53	$6
Feb 2004	0	1	32.45	5.51	$6
Jan 2004	148	1	32.03	6.30	$4,747
Dec 2003	0	1	30.26	6.30	$6
Nov 2003	0	1	28.80	4.60	$5
Oct 2003	184	1	28.17	4.76	$5,188
Sep 2003	0	1	26.31	4.75	$5
Aug 2003	0	1	29.76	5.13	$5
Jul 2003	175	1	29.41	5.17	$5,152
Jun 2003	0	1	28.56	5.98	$6
May 2003	0	1	26.59	5.97	$6
Apr 2003	178	1	26.67	5.41	$4,753
Mar 2003	0	1	31.14	6.10	$6
Feb 2003	0	1	33.48	7.93	$8
Jan 2003	184	1	30.31	5.58	$5,583
Dec 2002	0	1	26.91	4.85	$5
Nov 2002	0	1	24.66	4.14	$4
Oct 2002	181	1	26.46	4.23	$4,793
Sep 2002	0	8	27.44	3.64	$29
Aug 2002	181	17	25.96	3.16	$4,753
Jul 2002	0	18	24.58	3.06	$55
Jun 2002	0	18	23.73	3.34	$60
May 2002	177	17	24.66	3.58	$4,426
Apr 2002	0	12	23.65	3.51	$42
Mar 2002	0	19	22.00	3.10	$59
Feb 2002	153	19	18.22	2.38	$2,833
Jan 2002	0	16	17.17	2.38	$38
Dec 2001	0	18	16.93	2.36	$43
Nov 2001	0	19	18.07	2.41	$46
Oct 2001	146	18	19.78	2.53	$2,933
Sep 2001	0	12	24.26	2.25	$27
Aug 2001	179	17	24.87	3.05	$4,504
Jul 2001	0	19	23.93	3.20	$61
Jun 2001	0	14	24.56	3.82	$54
May 2001	133	8	25.52	4.31	$3,429
Apr 2001	0	20	24.68	5.34	$107
Mar 2001	138	20	24.54	5.38	$3,494
Feb 2001	178	15	27.75	5.77	$5,026
Jan 2001	0	22	27.47	8.40	$185
Dec 2000	0	25	26.88	9.12	$228
Nov 2000	178	18	32.21	5.66	$5,835
Oct 2000	0	15	31.23	5.15	$77
Sep 2000	144	10	31.87	5.19	$4,641
Aug 2000	0	18	29.64	4.54	$82
Jul 2000	174	10	28.53	4.09	$5,005
Jun 2000	0	1	29.30	4.40	$4
May 2000	142	1	27.26	3.68	$3,875
Apr 2000	0	1	24.51	3.12	$3
Mar 2000	0	1	28.42	2.86	$3
Feb 2000	0	1	27.62	2.73	$3
Jan 2000	148	1	25.27	2.48	$3,742
Dec 1999	0	1	24.28	2.42	$2
Nov 1999	0	1	23.19	2.43	$2
Oct 1999	0	1	20.98	2.80	$3
Sep 1999	132	1	21.75	2.62	$2,874
Aug 1999	0	1	19.26	2.88	$3
Jul 1999	0	1	17.89	2.37	$2
Jun 1999	113	1	15.94	2.36	$1,804
May 1999	0	1	15.79	2.32	$2
Apr 1999	161	1	15.10	2.21	$2,433
Mar 1999	0	1	12.47	1.84	$2
Feb 1999	0	1	9.98	1.82	$2
Jan 1999	0	1	10.38	1.90	$2
Dec 1998	142	10	9.20	1.77	$1,324
Nov 1998	0	16	10.89	2.19	$35
Oct 1998	0	16	12.42	1.97	$32
Sep 1998	166	16	12.59	2.08	$2,123
Aug 1998	0	16	11.30	1.91	$31
Jul 1998	0	18	11.74	2.24	$40
Jun 1998	142	10	11.24	2.24	$1,618
May 1998	0	16	12.62	2.21	$35
Apr 1998	0	15	13.04	2.51	$38
Mar 1998	0	16	12.80	2.31	$37
Feb 1998	105	14	13.95	2.30	$1,497
Jan 1998	0	15	14.70	2.15	$32
Dec 1997	115	17	16.32	2.41	$1,918
Nov 1997	0	17	18.19	3.09	$53
Oct 1997	103	17	19.25	3.15	$2,036
Sep 1997	0	9	17.74	2.95	$27
Aug 1997	122	11	17.86	2.55	$2,207
Jul 1997	0	11	17.58	2.25	$25
Jun 1997	91	9	17.24	2.26	$1,589
May 1997	78	11	18.97	2.31	$1,505
Apr 1997	139	13	17.88	2.08	$2,512
Mar 1997	0	12	18.95	1.94	$23
Feb 1997	0	12	20.49	2.21	$26
Jan 1997	149	10	23.48	3.54	$3,534
Dec 1996	0	14	23.32	—	$0
Nov 1996	88	13	21.97	—	$1,933
Oct 1996	106	9	23.31	—	$2,471
Sep 1996	0	16	22.22	—	$0
Aug 1996	96	10	20.26	—	$1,945
Jul 1996	106	11	19.55	—	$2,072
Jun 1996	0	9	18.73	—	$0
May 1996	83	9	19.43	—	$1,613
Apr 1996	139	11	21.51	—	$2,990
Mar 1996	0	9	19.38	—	$0
Feb 1996	137	9	16.98	—	$2,326
Jan 1996	0	8	17.07	—	$0
Dec 1995	103	3	17.19	—	$1,771
Nov 1995	0	7	16.00	—	$0
Oct 1995	92	6	15.43	—	$1,420
Sep 1995	111	8	16.18	—	$1,796
Aug 1995	0	11	15.92	—	$0
Jul 1995	78	11	15.24	—	$1,189
Jun 1995	111	8	16.41	—	$1,822
May 1995	0	20	17.56	—	$0
Apr 1995	80	22	17.73	—	$1,418
Mar 1995	111	28	16.44	—	$1,825
Feb 1995	0	29	16.58	—	$0
Jan 1995	103	26	15.92	—	$1,640
Dec 1994	101	27	15.03	—	$1,518
Nov 1994	0	25	15.90	—	$0
Oct 1994	97	21	15.58	—	$1,511
Sep 1994	110	19	15.29	—	$1,682
Aug 1994	0	11	16.13	—	$0
Jul 1994	103	24	17.56	—	$1,809
Jun 1994	114	23	17.09	—	$1,948
May 1994	0	23	15.88	—	$0
Apr 1994	104	20	14.14	—	$1,471
Mar 1994	112	24	12.46	—	$1,396
Feb 1994	0	20	12.50	—	$0
Jan 1994	79	23	12.66	—	$1,000
Dec 1993	154	25	12.33	—	$1,899
Nov 1993	0	8	14.49	—	$0
Oct 1993	94	8	15.85	—	$1,490
Sep 1993	124	2	15.03	—	$1,864
Aug 1993	0	44	15.66	—	$0
Jul 1993	84	22	15.46	—	$1,299
Jun 1993	133	23	16.79	—	$2,233
May 1993	0	21	17.68	—	$0
Apr 1993	168	23	18.05	—	$3,032
Mar 1993	0	20	18.14	—	$0
Feb 1993	133	1	17.90	—	$2,381
Jan 1993	0	12	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.

Aug 2007 — as filed, then multipliedworked

Oil                   48 bbl  × $ 69.06 =     $3,315
Casinghead gas         0 Mcf  × $  6.39 =         $0

────────────────────────────────────────────────────
Month total                                   $3,315

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/494 is the state's own key, not one this site invented.