SOL

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 18571District 7CField 53613750OilCasinghead gasSaveExport
Value, all time
$25.4 M
May 2014 – May 2019
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
61
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 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.

StreamBasisVolumeValue
OilDisposition278,155 bbl$17,785,184
Casinghead gasProduction2,470,352 Mcf$7,616,980
Total$25,402,164

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 31.1737, -101.2465. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.17366, -101.24645 · 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
0.0%
0 of 2 wells
Median depth
7,023 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
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 7,008 and 7,038 ft, median 7,023 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2014
2 of 2 wells

2 wells

42-235355871H7,038 ftJun 2014Yes
42-235355882H7,008 ftJun 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 (61)

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

61 months

May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20191,71134,17446.033.23$189,077
Dec 20181,62436,53546.594.19$228,577
Nov 20181,40134,28252.934.24$219,416
Oct 20182,19538,49661.443.40$265,673
Sep 20181,32838,03259.543.11$197,273
Aug 20181,46340,10159.403.07$209,874
Jul 20181,37140,32165.142.93$207,523
Jun 20181,47338,41560.183.08$206,845
May 20181,62642,86565.382.90$230,651
Apr 20181,50536,75763.842.90$202,704
Mar 20181,84041,74961.222.79$228,993
Feb 20181,79233,01261.782.77$202,025
Jan 20181,73733,19762.874.01$242,303
Dec 20171,93036,48157.272.92$217,111
Nov 20171,80636,71855.423.12$214,588
Oct 20171,83340,50849.292.98$211,211
Sep 20171,70438,98847.523.09$201,341
Aug 20171,65337,95345.373.00$189,023
Jul 20172,05544,91243.873.09$228,809
Jun 20171,76042,21442.493.09$205,109
May 20172,10444,29645.373.26$240,014
Apr 20172,20343,77347.933.21$246,171
Mar 20172,31446,69146.772.98$247,537
Feb 20172,16042,77850.452.95$235,278
Jan 20173,07146,29049.413.42$309,994
Dec 20161,92337,59648.763.72$233,729
Nov 20162,53742,35742.492.64$219,804
Oct 20162,77948,14146.193.09$277,130
Sep 20162,89742,90841.553.10$253,412
Aug 20162,57140,02641.442.92$223,592
Jul 20162,70447,08741.622.92$250,239
Jun 20163,53548,47945.352.69$290,519
May 20163,16550,41842.521.99$234,960
Apr 20163,30345,32136.561.99$210,994
Mar 20163,98944,93633.011.79$212,293
Feb 20163,73440,59426.472.06$182,610
Jan 20164,65240,41927.352.36$222,797
Dec 20154,87344,12532.362.00$246,003
Nov 20154,94745,12438.792.17$289,693
Oct 20154,65631,26843.552.43$278,643
Sep 20154,20935,28342.992.76$278,270
Aug 20154,71947,18440.162.87$325,051
Jul 20155,35149,08548.152.95$402,210
Jun 20156,17747,98156.152.88$485,161
May 20155,87850,90555.212.96$474,972
Apr 20157,07851,67149.822.71$492,477
Mar 20156,85857,13742.892.93$461,820
Feb 20156,09354,94044.662.98$435,625
Jan 201510,09256,72043.433.10$614,163
Dec 20149,68170,48154.693.59$782,577
Nov 201411,82362,56270.464.25$1,099,052
Oct 201412,62160,86578.303.90$1,225,656
Sep 201415,64658,95186.164.05$1,586,542
Aug 201424,42064,04089.394.04$2,441,313
Jul 201431,06650,19996.564.18$3,209,545
Jun 201418,51914,01198.164.74$1,884,193
May 20140094.734.73$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.

Jan 2019 — as filed, then multipliedworked
Oil                1,711 bbl  × $ 46.03 =    $78,757
Casinghead gas    34,174 Mcf  × $  3.23 =   $110,320

────────────────────────────────────────────────────
Month total                                 $189,077

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/18571 is the state's own key, not one this site invented.