CLARK

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 18940District 7CField 53613750OilCasinghead gasSaveExport
Value, all time
$15.8 M
Apr 2015 – May 2019
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
50
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
OilDisposition254,817 bbl$11,986,380
Casinghead gasProduction1,339,152 Mcf$3,792,780
Total$15,779,160

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 31.1727, -101.2390. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.17269, -101.23900 · 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
6,872 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 6,660 and 7,083 ft, median 6,872 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2015 – Oct 2023
2 of 2 wells

2 wells

42-235359212H7,083 ftOct 2023Yes
42-235359181H6,660 ftApr 2015Yes

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 (50)

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

50 months

May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20192,26323,16146.033.23$178,934
Dec 20181,74220,81546.594.19$168,280
Nov 20182,32323,50852.934.24$222,565
Oct 20183,54325,73561.443.40$305,132
Sep 20182,62823,78959.543.11$230,407
Aug 20182,81524,57659.403.07$242,575
Jul 20182,58322,72965.142.93$234,895
Jun 20182,80519,48960.183.08$228,771
May 20182,23719,81165.382.90$203,723
Apr 20182,45219,41663.842.90$212,858
Mar 20183,06017,96761.222.79$237,404
Feb 20182,94913,10361.782.77$218,434
Jan 20183,11613,51362.874.01$250,081
Dec 20173,39814,06957.272.92$235,706
Nov 20173,69011,70155.423.12$240,988
Oct 20173,6199,85149.292.98$207,773
Sep 20172,8813,52247.523.09$147,779
Aug 20171,0597,92445.373.00$71,854
Jul 20173,61927,40243.873.09$243,363
Jun 20173,14126,11142.493.09$214,073
May 20173,67926,85645.373.26$254,558
Apr 20173,80826,45447.933.21$267,477
Mar 20173,97828,31946.772.98$270,546
Feb 20173,47024,57250.452.95$247,613
Jan 20174,66226,23849.413.42$320,052
Dec 20163,47926,01348.763.72$266,478
Nov 20163,59826,90342.492.64$224,020
Oct 20164,98631,21846.193.09$326,775
Sep 20164,79231,83641.553.10$297,819
Aug 20165,02632,54941.442.92$303,462
Jul 20165,11533,08141.622.92$309,626
Jun 20164,89932,65245.352.69$309,867
May 20165,87134,52142.521.99$318,368
Apr 20166,13735,08736.561.99$294,228
Mar 20166,58841,94633.011.79$292,721
Feb 20166,43738,86026.472.06$250,580
Jan 20167,31140,79527.352.36$296,410
Dec 20156,85042,37832.362.00$306,482
Nov 20158,14542,82938.792.17$408,769
Oct 20159,49449,42543.552.43$533,397
Sep 20159,58547,22442.992.76$542,323
Aug 201510,20249,32240.162.87$551,389
Jul 201512,72252,91548.152.95$768,403
Jun 201514,08254,65356.152.88$948,261
May 201520,72864,14955.212.96$1,333,982
Apr 201523,25030,16549.822.71$1,239,959

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                2,263 bbl  × $ 46.03 =   $104,166
Casinghead gas    23,161 Mcf  × $  3.23 =    $74,768

────────────────────────────────────────────────────
Month total                                 $178,934

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/18940 is the state's own key, not one this site invented.