SLOAN RANCH

Operated by DELTA OIL & GAS LTD. (P-5 213703) in the TIPTON (CADDO, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 277565District 7BField 90210400CondensateGasSaveExport
Value, all time
$342 k
Jun 2015 – Jun 2021
Value, last 12 filed months
$169
at the published price for each month
Months reported
73
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1961-05-01
as the register files it
Field class
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 SUSPENDED EFFECTIVE 2/1/95.

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
CondensateDisposition503 bbl$26,052
GasProduction121,382 Mcf$316,166
Total$342,217

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 32.9406, -99.1132. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.94055, -99.11325 · 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
4,770 ft
1 wells filed one
Completion to plug
6.0 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 4,770 ft.

Completions filed
Jun 2015
1 of 1 wells
Plug dates filed
Jun 2021
1 of 1 wells

Last completion to plug: a median of 6.0 years across the 1 well that filed both dates, with the middle half between 6.0 years and 6.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4173941861914,770 ftJun 2015Jun 2021Yes

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 (73)

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

73 months

Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 202101150.412.81$31
Dec 20200944.642.68$24
Nov 20200938.772.71$24
Oct 202001036.972.48$25
Sep 202001237.091.99$24
Aug 202001139.982.39$26
Jul 20200838.371.83$15
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 201983055.052.66$4,569
Aug 20190053.112.30$0
Jul 201912714056.272.46$7,491
Jun 201901552.782.49$37
May 2019020758.482.74$567
Apr 2019017762.632.75$487
Mar 201907756.803.06$236
Feb 2019026350.852.79$734
Jan 2019015546.033.23$500
Dec 2018028546.594.19$1,193
Nov 2018032152.934.24$1,360
Oct 2018040561.443.40$1,376
Sep 2018036659.543.11$1,138
Aug 2018039459.403.07$1,208
Jul 2018051565.142.93$1,510
Jun 2018075860.183.08$2,332
May 2018059565.382.90$1,726
Apr 2018085763.842.90$2,486
Mar 2018082461.222.79$2,296
Feb 2018066561.782.77$1,839
Jan 201817864662.874.01$13,781
Dec 2017084457.272.92$2,466
Nov 2017087755.423.12$2,735
Oct 2017086449.292.98$2,578
Sep 2017079147.523.09$2,442
Aug 2017078045.373.00$2,343
Jul 201701,42843.873.09$4,409
Jun 201701,64542.493.09$5,079
May 201701,87245.373.26$6,109
Apr 201701,79547.933.21$5,765
Mar 201702,36446.772.98$7,053
Feb 201702,31950.452.95$6,847
Jan 201701,66749.413.42$5,699
Dec 201601,61048.763.72$5,994
Nov 201602,35642.492.64$6,230
Oct 201603,37046.193.09$10,414
Sep 201603,32041.553.10$10,294
Aug 201603,01641.442.92$8,820
Jul 201603,85341.622.92$11,267
Jun 201605,93145.352.69$15,930
May 201605,98842.521.99$11,922
Apr 201605,84936.561.99$11,646
Mar 201607,01933.011.79$12,592
Feb 201606,28926.472.06$12,978
Jan 20161156,33527.352.36$18,123
Dec 201506,63632.362.00$13,281
Nov 201506,50538.792.17$14,098
Oct 201507,11643.552.43$17,268
Sep 201506,00742.992.76$16,570
Aug 201506,49640.162.87$18,660
Jul 201507,60148.152.95$22,386
Jun 201501,10456.152.88$3,183

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.

Jan 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 50.41 =         $0
Gas                   11 Mcf  × $  2.81 =        $31

────────────────────────────────────────────────────
Month total                                      $31

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/277565 is the state's own key, not one this site invented.