DICKERSON

Operated by SAGE ENERGY COMPANY (P-5 743215) in the ASPERMONT, WEST (CANYON REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27562District 7BField 04156500OilCasinghead gasSaveExport
Value, all time
$502 k
Jun 1995 – Jun 1999
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
49
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 6 leases and 9 wells, and the rule below applies to all of them.

Discovered
1958-09-06
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition28,701 bbl$495,011
Casinghead gasProduction13,793 Mcf$7,359
Total$502,370

10,626 Mcf of this lease's gas, across 19 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 33.0964, -100.2832. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.09642, -100.28325 · 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
5,340 ft
1 wells filed one
Completion to plug
2.2 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 5,340 ft.

Completions filed
Mar 1997
1 of 1 wells
Plug dates filed
May 1999
1 of 1 wells

Last completion to plug: a median of 2.2 years across the 1 well that filed both dates, with the middle half between 2.2 years and 2.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4333289615,340 ftMar 1997May 1999Yes

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 (49)

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

49 months

Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 19998849.981.82$886
Jan 19991825110.381.90$1,986
Dec 19980389.201.77$67
Nov 19981833110.892.19$2,061
Oct 199805612.421.97$110
Sep 19981806912.592.08$2,410
Aug 199805111.301.91$97
Jul 19981406411.742.24$1,787
Jun 19981786711.242.24$2,151
May 19981806812.622.21$2,422
Apr 19981817913.042.51$2,558
Mar 199807312.802.31$169
Feb 19981804313.952.30$2,610
Jan 19981814114.702.15$2,749
Dec 19971834016.322.41$3,083
Nov 199718311418.193.09$3,681
Oct 199717810119.253.15$3,745
Sep 199718019217.742.95$3,761
Aug 199718120617.862.55$3,759
Jul 199718119317.582.25$3,616
Jun 199718120817.242.26$3,590
May 199736229618.972.31$7,550
Apr 199718246117.882.08$4,214
Mar 199754836818.951.94$11,098
Feb 199718318320.492.21$4,153
Jan 19973607023.483.54$8,701
Dec 199637029223.32$8,628
Nov 199618431021.97$4,042
Oct 199653434323.31$12,448
Sep 199636233922.22$8,044
Aug 199654260620.26$10,981
Jul 199654070019.55$10,557
Jun 199672093518.73$13,486
May 19961,0661,04719.43$20,712
Apr 19961,0861,03321.51$23,360
Mar 19961,6381,17619.38$31,744
Feb 19961,45969416.98$24,774
Jan 19961,65557517.07$28,251
Dec 19951,28739217.19$22,124
Nov 19951,99857516.00$31,968
Oct 19952,49767915.43$38,529
Sep 19952,16167916.18$34,965
Aug 19952,46724915.92$39,275
Jul 19952,520115.24$38,405
Jun 19951,040116.41$17,066

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.

Feb 1999 — as filed, then multipliedworked
Oil                   88 bbl  × $  9.98 =       $878
Casinghead gas         4 Mcf  × $  1.82 =         $7

────────────────────────────────────────────────────
Month total                                     $886

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/O/27562 is the state's own key, not one this site invented.