ORTEGA

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 18952District 7CField 53613750OilCasinghead gasSaveExport
Value, all time
$11.1 M
Nov 2014 – May 2020
Value, last 12 filed months
$918 k
at the published price for each month
Months reported
67
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
OilDisposition214,022 bbl$9,662,264
Casinghead gasProduction505,923 Mcf$1,435,925
Total$11,098,189

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 31.1483, -101.2867. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.14825, -101.28672 · 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
7,166 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 7,160 and 7,171 ft, median 7,166 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2015
2 of 2 wells

2 wells

42-383391102H7,171 ftDec 2015Yes
42-383391091H7,160 ftDec 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 (67)

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

67 months

May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20201,7932,73049.881.98$94,842
Jan 20201,8932,84557.252.09$114,334
Dec 20191,8532,42459.012.30$114,931
Nov 20191,88290055.302.75$106,550
Oct 20191,86542653.472.42$100,752
Sep 20191,83419555.052.66$101,480
Aug 20192,1446653.112.30$114,020
Jul 20192,42518256.272.46$136,902
Jun 201962763052.782.49$34,663
May 2019172058.482.74$10,059
Apr 20191,1693,32462.632.75$82,358
Mar 20192,3159,23856.803.06$159,780
Feb 20191,9117,25250.852.79$117,424
Jan 20192,5908,26946.033.23$145,912
Dec 20181,7066,98746.594.19$108,726
Nov 20181,9057,65952.934.24$133,285
Oct 20184,5519,14161.443.40$310,675
Sep 20182,87010,64059.543.11$203,949
Aug 20182,1698,16859.403.07$153,886
Jul 20182,71310,02865.142.93$206,126
Jun 20182,90811,75660.183.08$211,176
May 20183,29212,81665.382.90$252,408
Apr 20183,08511,49863.842.90$230,300
Mar 20183,53213,06761.222.79$252,645
Feb 20183,00911,07361.782.77$216,525
Jan 20183,73412,37862.874.01$284,384
Dec 20173,6659,66857.272.92$238,140
Nov 20173,61611,77855.423.12$237,127
Oct 20173,65111,88249.292.98$215,410
Sep 20173,85711,33547.523.09$218,279
Aug 20172,87511,14645.373.00$163,926
Jul 20173,9329,39043.873.09$201,486
Jun 20173,5829,36642.493.09$181,115
May 20174,3119,89645.373.26$227,885
Apr 20174,4479,14147.933.21$242,502
Mar 20174,3139,96846.772.98$231,460
Feb 20174,5419,40850.452.95$256,872
Jan 20174,54111,06849.413.42$262,210
Dec 20164,99911,13348.763.72$285,198
Nov 20165,22511,67642.492.64$252,886
Oct 20165,64412,98646.193.09$300,826
Sep 20165,57614,71141.553.10$277,296
Aug 20166,32114,71141.442.92$304,962
Jul 20166,81914,58041.622.92$326,444
Jun 20167,19715,57645.352.69$368,218
May 20168,07917,04742.521.99$377,460
Apr 20169,15318,04836.561.99$370,568
Mar 201611,02721,18233.011.79$402,002
Feb 201613,30825,90226.472.06$405,715
Jan 201619,76635,05727.352.36$623,487
Dec 20153,6305,57632.362.00$128,627
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$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                1,793 bbl  × $ 49.88 =    $89,435
Casinghead gas     2,730 Mcf  × $  1.98 =     $5,407

────────────────────────────────────────────────────
Month total                                  $94,842

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/18952 is the state's own key, not one this site invented.