SHAY

Operated by PALOMA OPERATING, LLC (P-5 100344) in the REFUGIO OLD (6550 FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 221898District 02Field 75668945CondensateGasSaveExport
Value, all time
$3.0 M
Sep 2006 – May 2024
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
213
no gaps in the span
Streams
2
condensate, 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1954-09-10
as the register files it
Field class
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: ALLOCATION FORMULA EFFECTIVE 07/01/2008.

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
CondensateDisposition41,786 bbl$2,624,578
GasProduction71,064 Mcf$371,657
Total$2,996,235

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 28.3001, -97.2670. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.30012, -97.26704 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,200 ft
1 wells filed one
Completion to plug
17.3 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 8,200 ft.

Completions filed
Sep 2006
1 of 1 wells
Plug dates filed
Jan 2024
1 of 1 wells

Last completion to plug: a median of 17.3 years across the 1 well that filed both dates, with the middle half between 17.3 years and 17.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3913272218,200 ftSep 2006Jan 2024Yes

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 (213)

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

213 months

May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 202475076.091.78$5,707
Jan 202469073.023.30$5,038
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023573475.112.47$4,365
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 202257085.005.65$4,845
Oct 2022160087.185.86$13,949
Sep 2022166084.888.16$14,090
Aug 202272094.529.13$6,805
Jul 202217633101.587.54$18,127
Jun 2022166234115.097.98$20,972
May 2022162114109.378.43$18,679
Apr 202200104.226.84$0
Mar 20221810108.885.08$19,707
Feb 2022100091.054.86$9,105
Jan 20220081.844.54$0
Dec 2021215071.323.90$15,334
Nov 2021172077.435.24$13,318
Oct 202198079.795.71$7,819
Sep 20210069.865.35$0
Aug 2021175066.024.22$11,554
Jul 2021166070.783.98$11,749
Jun 202104569.493.38$152
May 20210263.483.02$6
Apr 20211702460.362.76$10,327
Mar 202105861.302.72$158
Feb 2021654157.805.55$3,984
Jan 20212408550.412.81$12,337
Dec 202007744.642.68$206
Nov 20201479538.772.71$5,956
Oct 20201126136.972.48$4,292
Sep 20201214537.091.99$4,577
Aug 2020108039.982.39$4,318
Jul 202006638.371.83$120
Jun 20201509834.901.69$5,401
May 20202216116.921.81$3,850
Apr 2020477714.751.80$832
Mar 20201703830.341.86$5,228
Feb 202034113549.881.98$17,276
Jan 202040119057.252.09$23,355
Dec 20193648959.012.30$21,685
Nov 201931822455.302.75$18,202
Oct 201936716553.472.42$20,023
Sep 20192318655.052.66$12,945
Aug 201923212553.112.30$12,610
Jul 20191879456.272.46$10,754
Jun 201924111552.782.49$13,006
May 201938811258.482.74$22,997
Apr 20192547862.632.75$16,123
Mar 20193349956.803.06$19,274
Feb 201939910450.852.79$20,580
Jan 201916710146.033.23$8,013
Dec 201847612846.594.19$22,713
Nov 201816313052.934.24$9,178
Oct 201841712461.443.40$26,042
Sep 201841112159.543.11$24,847
Aug 201845313359.403.07$27,316
Jul 201817714265.142.93$11,946
Jun 201842611160.183.08$25,978
May 20183306865.382.90$21,773
Apr 20187016863.842.90$44,949
Mar 2018724061.222.79$4,519
Feb 201839912661.782.77$24,999
Jan 201823014762.874.01$15,049
Dec 201765116057.272.92$37,750
Nov 20173382755.423.12$18,816
Oct 20174116249.292.98$20,443
Sep 201719911547.523.09$9,812
Aug 201737621145.373.00$17,693
Jul 201735923043.873.09$16,459
Jun 201739125542.493.09$17,401
May 201751326245.373.26$24,130
Apr 201762230847.933.21$30,802
Mar 201739828246.772.98$19,456
Feb 201757327050.452.95$29,705
Jan 201744729149.413.42$23,081
Dec 201661628548.763.72$31,097
Nov 201624217842.492.64$10,753
Oct 201638826546.193.09$18,741
Sep 201620021941.553.10$8,989
Aug 201632922541.442.92$14,292
Jul 201623121441.622.92$10,240
Jun 201635917245.352.69$16,743
May 201638624142.521.99$16,893
Apr 201637229436.561.99$14,186
Mar 201640623433.011.79$13,822
Feb 201624426826.472.06$7,012
Jan 201628131727.352.36$8,435
Dec 201529023732.362.00$9,859
Nov 201541036438.792.17$16,693
Oct 201525043.552.43$208
Sep 20150042.992.76$0
Aug 201516425740.162.87$7,324
Jul 201532928148.152.95$16,669
Jun 20153251,15956.152.88$21,590
May 201533716155.212.96$19,082
Apr 201532119749.822.71$16,525
Mar 201552019242.892.93$22,866
Feb 201534414544.662.98$15,795
Jan 201517627343.433.10$8,490
Dec 201434842054.693.59$20,540
Nov 201415814570.464.25$11,749
Oct 201401978.303.90$74
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20141633796.564.18$15,894
Jun 20141685998.164.74$16,770
May 20141685194.734.73$16,156
Apr 20141735695.944.81$16,867
Mar 201433324295.895.06$33,155
Feb 2014012397.406.19$762
Jan 201417422390.404.86$16,814
Dec 201316817591.824.35$16,188
Nov 201325624588.853.74$23,661
Oct 201326624297.423.78$26,828
Sep 2013166250104.113.72$18,212
Aug 2013302230104.253.52$32,294
Jul 2013166205102.523.72$17,780
Jun 201314815094.403.93$14,561
May 201304494.834.15$183
Apr 201302493.964.28$103
Mar 201301993.623.91$74
Feb 201308491.233.42$287
Jan 20130091.603.42$0
Dec 20121644486.773.42$14,381
Nov 201216411786.953.62$14,684
Oct 2012021289.383.40$721
Sep 201231045094.672.92$30,661
Aug 201216040492.662.91$16,001
Jul 201225042485.133.02$22,563
Jun 201216415179.822.52$13,471
May 20121659491.612.49$15,350
Apr 2012170272101.652.00$17,824
Mar 2012168254105.052.22$18,213
Feb 2012170484101.102.57$18,431
Jan 201217256598.092.73$18,416
Dec 201117048496.873.24$18,036
Nov 2011050395.723.31$1,666
Oct 201116040784.983.65$15,082
Sep 201116573183.623.99$16,711
Aug 201134382083.404.15$32,009
Jul 201116477694.144.52$18,944
Jun 201116174992.904.64$18,432
May 201117670498.134.40$20,372
Apr 2011336857105.964.33$39,316
Mar 201117844396.364.06$18,949
Feb 201116018685.644.18$14,480
Jan 201117023586.504.59$15,783
Dec 201018019785.734.35$16,288
Nov 201005080.843.80$190
Oct 201032740078.103.51$26,942
Sep 201029683672.633.98$24,825
Aug 201032766173.684.42$27,015
Jul 201017166372.554.74$15,546
Jun 201033879470.364.91$27,681
May 201014559171.124.24$12,815
Apr 201033668881.694.12$30,284
Mar 201017123978.394.39$14,454
Feb 201032331473.585.44$25,475
Jan 201015815774.365.96$12,685
Dec 200916924571.445.48$13,417
Nov 200916652974.593.75$14,366
Oct 200932752172.544.11$25,862
Sep 200917447265.543.06$12,851
Aug 200950942067.423.22$35,669
Jul 200916350661.133.46$11,717
Jun 200932042366.163.90$22,819
May 200935455054.743.93$21,537
Apr 200935057246.773.59$18,422
Mar 200935450242.144.06$16,955
Feb 200934544132.814.63$13,363
Jan 200935758835.865.37$15,960
Dec 200836279937.105.98$18,206
Nov 200853482155.496.86$35,264
Oct 200852569875.246.92$44,333
Sep 20085101,085101.767.88$60,444
Aug 2008179399114.228.48$23,830
Jul 20080355131.0811.39$4,043
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 2008016110.3110.45$167
Mar 200833573101.909.66$8,900
Feb 20081633492.538.77$15,381
Jan 2008081390.388.21$6,671
Dec 2007048888.337.30$3,563
Nov 2007094091.677.29$6,854
Oct 2007631,32482.856.92$14,384
Sep 200702,99075.846.24$18,670
Aug 2007039869.066.39$2,542
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200715539958.747.85$12,235
Apr 2007098959.617.81$7,719
Mar 200714721556.927.30$9,937
Feb 200703055.108.22$246
Jan 200703,47850.306.73$23,396
Dec 20061692,68456.656.92$28,143
Nov 20063428,32154.207.62$81,921
Oct 200604,78254.906.01$28,758
Sep 2006062160.085.04$3,128

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 2024 — as filed, then multipliedworked
Condensate            75 bbl  × $ 76.09 =     $5,707
Gas                    0 Mcf  × $  1.78 =         $0

────────────────────────────────────────────────────
Month total                                   $5,707

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/221898 is the state's own key, not one this site invented.