AKATOR

Name: AKATOR lease production and value, Aug 2014 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 18653District 7CField 53613750OilCasinghead gasSave Export

Value, all time

$37.4 M

Aug 2014 – May 2020

Value, last 12 filed months

$1.7 M

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	487,313 bbl	$27,180,664
Casinghead gas	Production	3,466,620 Mcf	$10,208,861
Total			$37,389,525

Wells on this lease (7)

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 31.1623, -101.2773. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.9 miles.

31.16053, -101.27738 · 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%

7 of 7 wells

With a plug date

42.9%

3 of 7 wells

Median depth

7,107 ft

7 wells filed one

Completion to plug

3.8 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

7100.0%

A plug date is filed

342.9%

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

342.9%

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 877 and 7,168 ft, median 7,107 ft, over the 7 wells that filed a depth.

Completions filed

Aug 2014 – Jun 2019

7 of 7 wells

Plug dates filed

Mar 2023

3 of 7 wells; 4 filed none

Last completion to plug: a median of 3.8 years across the 3 wells that filed both dates, with the middle half between 3.8 years and 3.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells


42-38340649	02HA	879 ft	Jun 2019	Mar 2023	Yes
42-38340650	22HA	877 ft	Jun 2019	Mar 2023	Yes
42-38340651	27HA	879 ft	Jun 2019	Mar 2023	Yes
42-38338464	2H	7,107 ft	Sep 2014	—	Yes
42-38338465	3H	7,159 ft	Sep 2014	—	Yes
42-38338467	5H	7,168 ft	Sep 2014	—	Yes
42-38338466	4H	7,146 ft	Aug 2014	—	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 (70)

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

70 months


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	2,035	31,359	49.88	1.98	$163,618
Jan 2020	2,100	33,139	57.25	2.09	$189,643
Dec 2019	1,619	35,553	59.01	2.30	$177,464
Nov 2019	1,655	34,402	55.30	2.75	$186,151
Oct 2019	1,948	38,829	53.47	2.42	$198,069
Sep 2019	1,992	41,749	55.05	2.66	$220,598
Aug 2019	2,004	46,806	53.11	2.30	$214,290
Jul 2019	1,282	24,730	56.27	2.46	$132,975
Jun 2019	1,703	39,984	52.78	2.49	$189,492
May 2019	1,735	42,125	58.48	2.74	$216,899
Apr 2019	2,076	44,712	62.63	2.75	$253,009
Mar 2019	2,501	48,107	56.80	3.06	$289,365
Feb 2019	2,281	42,800	50.85	2.79	$235,496
Jan 2019	2,536	43,532	46.03	3.23	$257,261
Dec 2018	2,359	45,362	46.59	4.19	$299,766
Nov 2018	2,510	45,274	52.93	4.24	$324,691
Oct 2018	2,440	45,777	61.44	3.40	$305,468
Sep 2018	2,383	45,721	59.54	3.11	$283,985
Aug 2018	2,717	44,948	59.40	3.07	$299,226
Jul 2018	2,323	45,100	65.14	2.93	$283,548
Jun 2018	2,484	47,679	60.18	3.08	$296,192
May 2018	2,609	50,884	65.38	2.90	$318,181
Apr 2018	2,783	50,562	63.84	2.90	$324,337
Mar 2018	3,075	54,823	61.22	2.79	$341,034
Feb 2018	3,607	44,896	61.78	2.77	$347,028
Jan 2018	3,120	43,844	62.87	4.01	$371,939
Dec 2017	3,216	42,519	57.27	2.92	$308,400
Nov 2017	2,485	39,492	55.42	3.12	$260,869
Oct 2017	3,408	48,122	49.29	2.98	$311,561
Sep 2017	3,066	48,869	47.52	3.09	$296,569
Aug 2017	3,546	52,220	45.37	3.00	$317,772
Jul 2017	3,196	42,650	43.87	3.09	$271,881
Jun 2017	3,354	45,207	42.49	3.09	$282,078
May 2017	3,813	53,876	45.37	3.26	$348,815
Apr 2017	3,855	49,115	47.93	3.21	$342,508
Mar 2017	4,395	46,003	46.77	2.98	$342,812
Feb 2017	3,781	37,722	50.45	2.95	$302,129
Jan 2017	4,276	44,640	49.41	3.42	$363,892
Dec 2016	4,577	31,525	48.76	3.72	$340,537
Nov 2016	4,885	46,256	42.49	2.64	$329,881
Oct 2016	6,089	54,823	46.19	3.09	$450,668
Sep 2016	4,874	51,180	41.55	3.10	$361,205
Aug 2016	5,424	52,211	41.44	2.92	$377,453
Jul 2016	5,323	52,851	41.62	2.92	$376,098
Jun 2016	5,884	50,092	45.35	2.69	$401,378
May 2016	5,679	51,982	42.52	1.99	$344,969
Apr 2016	6,019	51,514	36.56	1.99	$322,621
Mar 2016	6,582	54,089	33.01	1.79	$314,308
Feb 2016	6,578	46,671	26.47	2.06	$270,431
Jan 2016	6,571	44,960	27.35	2.36	$286,018
Dec 2015	4,554	35,683	32.36	2.00	$218,784
Nov 2015	8,349	62,905	38.79	2.17	$460,194
Oct 2015	9,407	71,137	43.55	2.43	$582,294
Sep 2015	9,100	70,632	42.99	2.76	$586,042
Aug 2015	10,782	75,826	40.16	2.87	$650,815
Jul 2015	11,355	80,823	48.15	2.95	$784,773
Jun 2015	11,192	82,943	56.15	2.88	$867,544
May 2015	14,103	89,540	55.21	2.96	$1,043,258
Apr 2015	15,158	87,042	49.82	2.71	$990,757
Mar 2015	17,823	91,862	42.89	2.93	$1,034,017
Feb 2015	18,028	88,292	44.66	2.98	$1,067,904
Jan 2015	25,740	84,761	43.43	3.10	$1,380,701
Dec 2014	27,814	93,674	54.69	3.59	$1,857,565
Nov 2014	37,388	95,199	70.46	4.25	$3,039,129
Oct 2014	61,329	89,292	78.30	3.90	$5,150,385
Sep 2014	34,438	15,723	86.16	4.05	$3,030,785
Aug 2014	0	0	89.39	4.04	$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                2,035 bbl  × $ 49.88 =   $101,506
Casinghead gas    31,359 Mcf  × $  1.98 =    $62,112

────────────────────────────────────────────────────
Month total                                 $163,618

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/18653 is the state's own key, not one this site invented.