SHAY "B"

Name: SHAY "B" lease production and value, Jul 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the PHIL POWER (5100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173233District 02Field 71211426CondensateGasSave Export

Value, all time

$4.5 M

Jul 1998 – Jan 2014

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

187

no gaps in the span

Streams

condensate, gas

The PHIL POWER (5100) 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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered

1969-05-13

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 07/01/97.”

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
Condensate	Disposition	612 bbl	$13,357
Gas	Production	799,830 Mcf	$4,439,052
Total			$4,452,409

Wells on this lease (1)

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 28.4988, -97.1642. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.49884, -97.16422 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

6,100 ft

1 wells filed one

Completion to plug

8.0 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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

The one well that filed a depth was drilled to 6,100 ft.

Completions filed

Jul 2015

1 of 1 wells

Plug dates filed

Jul 2023

1 of 1 wells

Last completion to plug: a median of 8.0 years across the 1 well that filed both dates, with the middle half between 8.0 years and 8.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-39132186	2	6,100 ft	Jul 2015	Jul 2023	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 (187)

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

187 months


Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	1,801	91.82	4.35	$7,842
Nov 2013	0	60	88.85	3.74	$224
Oct 2013	0	28	97.42	3.78	$106
Sep 2013	0	21	104.11	3.72	$78
Aug 2013	0	34	104.25	3.52	$120
Jul 2013	0	50	102.52	3.72	$186
Jun 2013	0	54	94.40	3.93	$212
May 2013	0	161	94.83	4.15	$668
Apr 2013	0	31	93.96	4.28	$133
Mar 2013	0	19	93.62	3.91	$74
Feb 2013	0	10	91.23	3.42	$34
Jan 2013	0	117	91.60	3.42	$400
Dec 2012	0	9	86.77	3.42	$31
Nov 2012	0	110	86.95	3.62	$399
Oct 2012	0	131	89.38	3.40	$445
Sep 2012	0	173	94.67	2.92	$505
Aug 2012	0	166	92.66	2.91	$483
Jul 2012	0	205	85.13	3.02	$619
Jun 2012	0	279	79.82	2.52	$703
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	29	101.65	2.00	$58
Mar 2012	0	290	105.05	2.22	$644
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	75	98.09	2.73	$205
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	186	95.72	3.31	$616
Oct 2011	0	320	84.98	3.65	$1,168
Sep 2011	0	143	83.62	3.99	$570
Aug 2011	0	778	83.40	4.15	$3,228
Jul 2011	0	81	94.14	4.52	$366
Jun 2011	0	352	92.90	4.64	$1,633
May 2011	0	595	98.13	4.40	$2,621
Apr 2011	0	993	105.96	4.33	$4,303
Mar 2011	0	992	96.36	4.06	$4,025
Feb 2011	0	1,368	85.64	4.18	$5,718
Jan 2011	0	1,559	86.50	4.59	$7,154
Dec 2010	0	2,560	85.73	4.35	$11,130
Nov 2010	0	2,476	80.84	3.80	$9,397
Oct 2010	0	2,121	78.10	3.51	$7,442
Sep 2010	0	4,194	72.63	3.98	$16,690
Aug 2010	0	3,906	73.68	4.42	$17,262
Jul 2010	0	3,847	72.55	4.74	$18,221
Jun 2010	0	3,835	70.36	4.91	$18,831
May 2010	0	5,321	71.12	4.24	$22,536
Apr 2010	0	4,348	81.69	4.12	$17,925
Mar 2010	0	6,320	78.39	4.39	$27,736
Feb 2010	0	6,231	73.58	5.44	$33,911
Jan 2010	0	5,625	74.36	5.96	$33,548
Dec 2009	0	4,572	71.44	5.48	$25,072
Nov 2009	0	4,313	74.59	3.75	$16,180
Oct 2009	0	4,845	72.54	4.11	$19,914
Sep 2009	0	7,237	65.54	3.06	$22,180
Aug 2009	0	5,262	67.42	3.22	$16,936
Jul 2009	0	5,756	61.13	3.46	$19,942
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	5,627	54.74	3.93	$22,090
Apr 2009	0	6,358	46.77	3.59	$22,809
Mar 2009	0	5,523	42.14	4.06	$22,418
Feb 2009	0	6,168	32.81	4.63	$28,576
Jan 2009	0	6,601	35.86	5.37	$35,454
Dec 2008	0	6,210	37.10	5.98	$37,118
Nov 2008	0	6,699	55.49	6.86	$45,958
Oct 2008	0	4,133	75.24	6.92	$28,609
Sep 2008	0	4,306	101.76	7.88	$33,919
Aug 2008	0	7,562	114.22	8.48	$64,149
Jul 2008	0	7,598	131.08	11.39	$86,537
Jun 2008	0	7,767	131.33	13.03	$101,224
May 2008	0	8,563	123.17	11.57	$99,111
Apr 2008	0	7,512	110.31	10.45	$78,537
Mar 2008	0	9,903	101.90	9.66	$95,703
Feb 2008	0	10,377	92.53	8.77	$91,012
Jan 2008	0	9,433	90.38	8.21	$77,405
Dec 2007	0	8,149	88.33	7.30	$59,504
Nov 2007	0	7,330	91.67	7.29	$53,448
Oct 2007	0	8,700	82.85	6.92	$60,221
Sep 2007	0	7,250	75.84	6.24	$45,270
Aug 2007	0	4,847	69.06	6.39	$30,962
Jul 2007	0	5,598	70.90	6.39	$35,760
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	7,597	59.61	7.81	$59,296
Mar 2007	0	5,992	56.92	7.30	$43,753
Feb 2007	0	4,599	55.10	8.22	$37,785
Jan 2007	0	6,079	50.30	6.73	$40,893
Dec 2006	0	6,093	56.65	6.92	$42,154
Nov 2006	0	4,452	54.20	7.62	$33,913
Oct 2006	0	6,324	54.90	6.01	$38,031
Sep 2006	0	2,127	60.08	5.04	$10,714
Aug 2006	0	4,719	68.71	7.34	$34,637
Jul 2006	0	5,443	69.37	6.34	$34,524
Jun 2006	0	8,289	66.28	6.38	$52,916
May 2006	0	3,131	66.01	6.42	$20,117
Apr 2006	0	5,478	64.39	7.36	$40,321
Mar 2006	0	5,035	56.70	7.08	$35,663
Feb 2006	0	3,218	57.59	7.75	$24,943
Jan 2006	0	3,810	60.59	8.93	$34,036
Dec 2005	80	6,332	54.94	13.42	$89,342
Nov 2005	0	6,772	54.69	10.59	$71,705
Oct 2005	0	6,007	58.34	13.80	$82,871
Sep 2005	0	4,817	61.45	12.08	$58,185
Aug 2005	0	5,793	61.51	9.80	$56,753
Jul 2005	0	5,259	55.69	7.84	$41,250
Jun 2005	0	4,829	52.33	7.38	$35,643
May 2005	0	3,677	45.22	6.65	$24,456
Apr 2005	0	5,933	49.20	7.36	$43,670
Mar 2005	0	6,686	50.37	7.15	$47,838
Feb 2005	0	5,956	45.22	6.31	$37,594
Jan 2005	0	3,836	43.16	6.32	$24,252
Dec 2004	0	3,490	39.86	6.75	$23,561
Nov 2004	0	5,871	45.28	6.33	$37,166
Oct 2004	0	5,568	49.70	6.52	$36,276
Sep 2004	0	6,219	43.24	5.28	$32,861
Aug 2004	0	6,933	42.37	5.55	$38,483
Jul 2004	0	4,132	38.28	6.08	$25,140
Jun 2004	0	5,181	36.10	6.43	$33,329
May 2004	0	4,506	37.48	6.49	$29,265
Apr 2004	0	4,895	34.47	5.86	$28,677
Mar 2004	0	5,978	34.36	5.53	$33,059
Feb 2004	0	5,540	32.45	5.51	$30,523
Jan 2004	0	4,022	32.03	6.30	$25,337
Dec 2003	0	5,678	30.26	6.30	$35,781
Nov 2003	0	4,889	28.80	4.60	$22,466
Oct 2003	0	4,584	28.17	4.76	$21,818
Sep 2003	0	3,840	26.31	4.75	$18,238
Aug 2003	0	3,839	29.76	5.13	$19,693
Jul 2003	0	3,691	29.41	5.17	$19,086
Jun 2003	0	4,852	28.56	5.98	$29,029
May 2003	0	4,042	26.59	5.97	$24,142
Apr 2003	0	4,487	26.67	5.41	$24,262
Mar 2003	0	5,257	31.14	6.10	$32,047
Feb 2003	0	4,831	33.48	7.93	$38,290
Jan 2003	0	5,569	30.31	5.58	$31,086
Dec 2002	0	6,019	26.91	4.85	$29,215
Nov 2002	0	149	24.66	4.14	$616
Oct 2002	0	5,852	26.46	4.23	$24,749
Sep 2002	0	5,045	27.44	3.64	$18,340
Aug 2002	0	5,710	25.96	3.16	$18,067
Jul 2002	0	4,500	24.58	3.06	$13,778
Jun 2002	63	5,266	23.73	3.34	$19,074
May 2002	1	7,007	24.66	3.58	$25,138
Apr 2002	0	6,186	23.65	3.51	$21,727
Mar 2002	0	6,226	22.00	3.10	$19,318
Feb 2002	0	5,907	18.22	2.38	$14,033
Jan 2002	0	5,545	17.17	2.38	$13,173
Dec 2001	0	9,753	16.93	2.36	$23,060
Nov 2001	0	6,476	18.07	2.41	$15,578
Oct 2001	0	3,541	19.78	2.53	$8,955
Sep 2001	0	5,230	24.26	2.25	$11,774
Aug 2001	0	5,909	24.87	3.05	$18,041
Jul 2001	0	5,733	23.93	3.20	$18,329
Jun 2001	0	5,258	24.56	3.82	$20,107
May 2001	0	4,443	25.52	4.31	$19,137
Apr 2001	0	4,501	24.68	5.34	$24,014
Mar 2001	0	3,627	24.54	5.38	$19,500
Feb 2001	0	2,442	27.75	5.77	$14,083
Jan 2001	0	4,247	27.47	8.40	$35,670
Dec 2000	10	5,094	26.88	9.12	$46,739
Nov 2000	0	5,572	32.21	5.66	$31,526
Oct 2000	0	115	31.23	5.15	$592
Sep 2000	0	4,077	31.87	5.19	$21,145
Aug 2000	91	4,619	29.64	4.54	$23,671
Jul 2000	0	5,373	28.53	4.09	$21,974
Jun 2000	0	5,175	29.30	4.40	$22,756
May 2000	0	5,616	27.26	3.68	$20,665
Apr 2000	0	5,487	24.51	3.12	$17,097
Mar 2000	5	5,750	28.42	2.86	$16,586
Feb 2000	1	5,629	27.62	2.73	$15,375
Jan 2000	0	5,777	25.27	2.48	$14,330
Dec 1999	0	4,653	24.28	2.42	$11,278
Nov 1999	0	4,653	23.19	2.43	$11,325
Oct 1999	0	5,338	20.98	2.80	$14,966
Sep 1999	0	5,045	21.75	2.62	$13,212
Aug 1999	0	4,011	19.26	2.88	$11,534
Jul 1999	0	3,453	17.89	2.37	$8,192
Jun 1999	0	4,591	15.94	2.36	$10,844
May 1999	0	4,739	15.79	2.32	$10,999
Apr 1999	4	5,290	15.10	2.21	$11,741
Mar 1999	0	5,574	12.47	1.84	$10,247
Feb 1999	4	4,576	9.98	1.82	$8,358
Jan 1999	0	5,647	10.38	1.90	$10,729
Dec 1998	27	5,793	9.20	1.77	$10,521
Nov 1998	0	5,042	10.89	2.19	$11,020
Oct 1998	0	4,922	12.42	1.97	$9,692
Sep 1998	154	8,017	12.59	2.08	$18,635
Aug 1998	0	10,820	11.30	1.91	$20,638
Jul 1998	172	2,430	11.74	2.24	$7,456

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.

Dec 2013 — as filed, then multipliedworked

Condensate             0 bbl  × $ 91.82 =         $0
Gas                1,801 Mcf  × $  4.35 =     $7,842

────────────────────────────────────────────────────
Month total                                   $7,842

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. 02/G/173233 is the state's own key, not one this site invented.