SAGE-KELLER

Operated by FRIENDLY ENERGY SERVICES, INC. (P-5 286572) in the THRIFTY, S. (CHAPPEL REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 127892District 7BField 89784500CondensateGasSaveExport
Value, all time
$31 k
Jan 1993 – Sep 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
273
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 64 leases and 70 wells, and the rule below applies to all of them.

Discovered
1983-06-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 03/01/2005.

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
CondensateDisposition21 bbl$330
GasProduction11,169 Mcf$31,004
Total$31,334

3,881 Mcf of this lease's gas, across 37 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 31.7712, -99.1489. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77125, -99.14889 · 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
2,560 ft
1 wells filed one
Completion to plug
27.3 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 2,560 ft.

Completions filed
Jun 1988
1 of 1 wells
Plug dates filed
Sep 2015
1 of 1 wells

Last completion to plug: a median of 27.3 years across the 1 well that filed both dates, with the middle half between 27.3 years and 27.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0493488312,560 ftJun 1988Sep 2015Yes

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 (273)

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

273 months

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 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 201103796.364.06$150
Feb 201101885.644.18$75
Jan 201103386.504.59$151
Dec 201004785.734.35$204
Nov 2010044380.843.80$1,681
Oct 2010043878.103.51$1,537
Sep 2010030672.633.98$1,218
Aug 2010013873.684.42$610
Jul 2010048472.554.74$2,292
Jun 2010059770.364.91$2,932
May 2010044571.124.24$1,885
Apr 201008181.694.12$334
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090765.543.06$21
Aug 20090767.423.22$23
Jul 200901061.133.46$35
Jun 20090866.163.90$31
May 200901254.743.93$47
Apr 20090446.773.59$14
Mar 200901442.144.06$57
Feb 200901232.814.63$56
Jan 200901335.865.37$70
Dec 20080037.105.98$0
Nov 200801655.496.86$110
Oct 20080975.246.92$62
Sep 2008011101.767.88$87
Aug 2008021114.228.48$178
Jul 2008025131.0811.39$285
Jun 2008021131.3313.03$274
May 2008021123.1711.57$243
Apr 2008026110.3110.45$272
Mar 2008027101.909.66$261
Feb 200802192.538.77$184
Jan 200802190.388.21$172
Dec 200702588.337.30$183
Nov 200704891.677.29$350
Oct 200705082.856.92$346
Sep 200705075.846.24$312
Aug 200704769.066.39$300
Jul 200705870.906.39$371
Jun 200706062.007.55$453
May 2007075058.747.85$5,885
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 2004014639.866.75$986
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19998015.792.32$126
Apr 199906315.102.21$139
Mar 199906512.471.84$119
Feb 19990819.981.82$147
Jan 19990010.381.90$0
Dec 19980609.201.77$106
Nov 199809910.892.19$216
Oct 199809612.421.97$189
Sep 19980012.592.08$0
Aug 199809611.301.91$183
Jul 199809611.742.24$215
Jun 1998011311.242.24$253
May 1998010712.622.21$236
Apr 1998010913.042.51$273
Mar 1998010512.802.31$242
Feb 1998011413.952.30$262
Jan 1998012014.702.15$259
Dec 1997012216.322.41$294
Nov 1997013218.193.09$408
Oct 1997013219.253.15$416
Sep 1997014117.742.95$417
Aug 1997017717.862.55$452
Jul 1997012217.582.25$274
Jun 1997016417.242.26$370
May 1997015218.972.31$351
Apr 1997011317.882.08$235
Mar 199705218.951.94$101
Feb 199705020.492.21$110
Jan 19970023.483.54$0
Dec 199603623.32$0
Nov 199602821.97$0
Oct 199603223.31$0
Sep 199604522.22$0
Aug 1996015020.26$0
Jul 1996016719.55$0
Jun 1996017218.73$0
May 1996013619.43$0
Apr 1996013821.51$0
Mar 1996015619.38$0
Feb 1996013416.98$0
Jan 1996017117.07$0
Dec 199509817.19$0
Nov 199508816.00$0
Oct 1995010415.43$0
Sep 1995010716.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 199501615.92$0
Dec 199408715.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 199402717.56$0
Jun 199401317.09$0
May 199408315.88$0
Apr 199408514.14$0
Mar 199409212.46$0
Feb 1994011512.50$0
Jan 1994022112.66$0
Dec 1993010912.33$0
Nov 1993012314.49$0
Oct 1993014715.85$0
Sep 1993015115.03$0
Aug 19931312315.66$204
Jul 1993015715.46$0
Jun 1993013816.79$0
May 199305917.68$0
Apr 199308018.05$0
Mar 199306918.14$0
Feb 1993012117.90$0
Jan 1993010316.93$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.

Mar 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 96.36 =         $0
Gas                   37 Mcf  × $  4.06 =       $150

────────────────────────────────────────────────────
Month total                                     $150

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. 7B/G/127892 is the state's own key, not one this site invented.