RANCH

Operated by SANGUINE GAS EXPLORATION, LLC (P-5 748059) in the MILLS RANCH (GRANITE WASH CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8138District 10Field 61691235OilCasinghead gasSaveExport
Value, all time
$747 k
Feb 2010 – May 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
76
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 274 leases and 400 wells, and the rule below applies to all of them.

Discovered
2010-02-23
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 20 acres. The field rule took effect on 2013-07-09.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET #01-0299858.

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
OilDisposition5,744 bbl$509,613
Casinghead gasProduction59,865 Mcf$237,042
Total$746,655

Wells on this lease (2)

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 35.3193, -100.0980. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

35.31934, -100.09804 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
13,798 ft
2 wells filed one
Completion to plug
4.2 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 13,671 and 13,925 ft, median 13,798 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2010 – Apr 2010
2 of 2 wells
Plug dates filed
Mar 2014 – May 2014
2 of 2 wells

Last completion to plug: a median of 4.2 years across the 2 wells that filed both dates, with the middle half between 4.1 years and 4.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-48332937201513,671 ftApr 2010May 2014Yes
42-48332910101513,925 ftJan 2010Mar 2014Yes

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 (76)

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

76 months

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 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
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 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014254095.944.81$24,369
Mar 201416028895.895.06$16,799
Feb 2014022797.406.19$1,406
Jan 201417542090.404.86$17,862
Dec 2013040791.824.35$1,772
Nov 2013067188.853.74$2,508
Oct 2013074397.423.78$2,808
Sep 20130392104.113.72$1,457
Aug 2013167986104.253.52$20,883
Jul 201301,373102.523.72$5,104
Jun 201301,22394.403.93$4,811
May 201301,58494.834.15$6,572
Apr 20131761,31393.964.28$22,160
Mar 20131731,73993.623.91$23,001
Feb 201301,37491.233.42$4,699
Jan 201301,01591.603.42$3,471
Dec 2012029486.773.42$1,006
Nov 2012060486.953.62$2,189
Oct 201201,16189.383.40$3,947
Sep 20121741,22394.672.92$20,042
Aug 201235140492.662.91$33,699
Jul 2012019685.133.02$592
Jun 201201,09579.822.52$2,758
May 2012010891.612.49$269
Apr 20120123101.652.00$246
Mar 2012174152105.052.22$18,616
Feb 2012049101.102.57$126
Jan 201217510798.092.73$17,458
Dec 201117411196.873.24$17,215
Nov 2011023495.723.31$775
Oct 2011031084.983.65$1,131
Sep 201117429283.623.99$15,714
Aug 20111771,33283.404.15$20,289
Jul 201117167794.144.52$19,156
Jun 201117775992.904.64$19,965
May 201152335098.134.40$52,864
Apr 20110420105.964.33$1,820
Mar 2011091996.364.06$3,729
Feb 201153656685.644.18$48,269
Jan 20113612,87786.504.59$44,428
Dec 201009,15485.734.35$39,799
Nov 201006,16680.843.80$23,402
Oct 20103407,56678.103.51$53,102
Sep 20102483,42472.633.98$31,638
Aug 20101761,45073.684.42$19,376
Jul 20100072.554.74$0
Jun 2010027870.364.91$1,365
May 201017649871.124.24$14,626
Apr 201017779581.694.12$17,737
Mar 20103551,28278.394.39$33,455
Feb 201001,13473.585.44$6,172

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.

Apr 2014 — as filed, then multipliedworked
Oil                  254 bbl  × $ 95.94 =    $24,369
Casinghead gas         0 Mcf  × $  4.81 =         $0

────────────────────────────────────────────────────
Month total                                  $24,369

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/8138 is the state's own key, not one this site invented.