BODEGA

Name: BODEGA lease production and value, Aug 2013 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SABLE PERMIAN RESOURCES, LLC (P-5 742251) in the LIN (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18333District 7CField 53613750OilCasinghead gasSave Export

Value, all time

$16.8 M

Aug 2013 – Jun 2020

Value, last 12 filed months

$673 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The LIN (WOLFCAMP) 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 515 leases and 2,325 wells, and the rule below applies to all of them.

Discovered

1984-10-08

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-04-21.

The Commission's schedule remark for this field reads: “PER DOCKET NO. 7C-0317412, LIN (WOLFCAMP) IS A UFT FIELD. PDD”

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	174,475 bbl	$11,736,369
Casinghead gas	Production	1,618,188 Mcf	$5,026,413
Total			$16,762,782

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 31.1027, -100.9630. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.7 miles.

31.10293, -100.95796 · 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

100.0%

5 of 5 wells

With a plug date

0.0%

0 of 5 wells

Median depth

5,945 ft

5 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

00.0%

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

00.0%

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 5,649 and 6,369 ft, median 5,945 ft, over the 5 wells that filed a depth.

Completions filed

Aug 2013 – Aug 2014

5 of 5 wells

5 wells


42-23535659	5H	5,649 ft	Aug 2014	—	Yes
42-23535658	4H	5,872 ft	Aug 2014	—	Yes
42-23535631	2H	6,369 ft	Mar 2014	—	Yes
42-23535632	3H	6,045 ft	Mar 2014	—	Yes
42-23535379	1H	5,945 ft	Aug 2013	—	Yes

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 (83)

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

83 months


Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	996	17,918	49.88	1.98	$85,170
Jan 2020	848	16,301	57.25	2.09	$82,694
Dec 2019	733	17,439	59.01	2.30	$83,440
Nov 2019	721	17,099	55.30	2.75	$86,906
Oct 2019	728	19,197	53.47	2.42	$85,355
Sep 2019	505	18,243	55.05	2.66	$76,277
Aug 2019	861	18,516	53.11	2.30	$88,395
Jul 2019	675	18,991	56.27	2.46	$84,701
Jun 2019	682	18,296	52.78	2.49	$81,575
May 2019	863	19,609	58.48	2.74	$104,203
Apr 2019	850	19,149	62.63	2.75	$105,909
Mar 2019	1,014	20,382	56.80	3.06	$120,007
Feb 2019	682	15,576	50.85	2.79	$78,171
Jan 2019	900	18,330	46.03	3.23	$100,600
Dec 2018	1,041	19,313	46.59	4.19	$129,334
Nov 2018	779	19,437	52.93	4.24	$123,592
Oct 2018	1,076	21,496	61.44	3.40	$139,155
Sep 2018	848	22,782	59.54	3.11	$121,296
Aug 2018	1,614	22,325	59.40	3.07	$164,333
Jul 2018	909	17,764	65.14	2.93	$111,294
Jun 2018	689	14,436	60.18	3.08	$85,882
May 2018	841	16,730	65.38	2.90	$103,515
Apr 2018	1,157	15,827	63.84	2.90	$119,774
Mar 2018	857	15,727	61.22	2.79	$96,294
Feb 2018	876	16,055	61.78	2.77	$98,529
Jan 2018	1,050	16,673	62.87	4.01	$132,861
Dec 2017	1,057	17,335	57.27	2.92	$111,179
Nov 2017	1,061	14,868	55.42	3.12	$105,164
Oct 2017	1,065	14,294	49.29	2.98	$95,143
Sep 2017	1,240	11,570	47.52	3.09	$94,645
Aug 2017	880	16,916	45.37	3.00	$90,748
Jul 2017	1,067	16,088	43.87	3.09	$96,477
Jun 2017	1,421	15,797	42.49	3.09	$109,148
May 2017	1,046	16,874	45.37	3.26	$102,524
Apr 2017	1,062	12,970	47.93	3.21	$92,556
Mar 2017	1,423	16,606	46.77	2.98	$116,101
Feb 2017	1,050	15,668	50.45	2.95	$99,234
Jan 2017	1,615	18,113	49.41	3.42	$141,722
Dec 2016	1,421	24,884	48.76	3.72	$161,927
Nov 2016	1,945	21,260	42.49	2.64	$138,862
Oct 2016	1,058	25,863	46.19	3.09	$128,792
Sep 2016	1,417	24,146	41.55	3.10	$133,744
Aug 2016	1,624	25,693	41.44	2.92	$142,434
Jul 2016	1,619	23,418	41.62	2.92	$135,865
Jun 2016	1,588	23,282	45.35	2.69	$134,547
May 2016	1,584	23,308	42.52	1.99	$113,759
Apr 2016	1,759	22,896	36.56	1.99	$109,896
Mar 2016	1,789	24,270	33.01	1.79	$102,596
Feb 2016	2,146	24,203	26.47	2.06	$106,751
Jan 2016	1,982	26,176	27.35	2.36	$116,097
Dec 2015	2,223	25,114	32.36	2.00	$122,200
Nov 2015	2,229	26,635	38.79	2.17	$144,190
Oct 2015	2,489	29,284	43.55	2.43	$179,456
Sep 2015	2,185	38,304	42.99	2.76	$199,592
Aug 2015	2,540	27,892	40.16	2.87	$182,126
Jul 2015	3,215	28,839	48.15	2.95	$239,735
Jun 2015	2,322	28,161	56.15	2.88	$211,565
May 2015	3,095	33,458	55.21	2.96	$269,758
Apr 2015	3,760	27,194	49.82	2.71	$260,926
Mar 2015	3,560	34,737	42.89	2.93	$254,631
Feb 2015	3,448	26,941	44.66	2.98	$234,169
Jan 2015	4,145	29,980	43.43	3.10	$272,974
Dec 2014	4,524	34,462	54.69	3.59	$371,183
Nov 2014	5,396	35,695	70.46	4.25	$531,972
Oct 2014	6,356	38,418	78.30	3.90	$647,542
Sep 2014	8,554	36,435	86.16	4.05	$884,408
Aug 2014	3,373	15,749	89.39	4.04	$365,062
Jul 2014	5,361	29,077	96.56	4.18	$639,188
Jun 2014	6,131	33,722	98.16	4.74	$761,556
May 2014	8,124	37,914	94.73	4.73	$948,789
Apr 2014	14,147	7,760	95.94	4.81	$1,394,582
Mar 2014	3,758	7,692	95.89	5.06	$399,252
Feb 2014	1,243	6,282	97.40	6.19	$159,966
Jan 2014	2,170	8,735	90.40	4.86	$238,626
Dec 2013	2,540	6,180	91.82	4.35	$260,133
Nov 2013	2,294	2,881	88.85	3.74	$214,592
Oct 2013	4,118	10,538	97.42	3.78	$441,002
Sep 2013	4,461	0	104.11	3.72	$464,435
Aug 2013	0	0	104.25	3.52	$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.

Feb 2020 — as filed, then multipliedworked

Oil                  996 bbl  × $ 49.88 =    $49,680
Casinghead gas    17,918 Mcf  × $  1.98 =    $35,490

────────────────────────────────────────────────────
Month total                                  $85,170

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. 7C/O/18333 is the state's own key, not one this site invented.