MineralRecord
Log inSign up

SANRAY

Operated by IV STANDARD, LLC (P-5 103468) in the SHEPHERD (WX CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 250690District 03Field 830474002 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.8 M
May 2009 – May 2026
Value, last 12 filed months
$155 k
at the published price for each month
Months reported
205
no gaps in the span
Streams
2
condensate, gas

The SHEPHERD (WX CONS) 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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
2010-05-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-05-18.

The Commission's schedule remark for this field reads: “HORIZONTAL WELLS. THE ALLOCATION FORMULA WILL BE SUSPENDED”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112011-01-27201197
NGPA1none——

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition91,043 bbl$5,248,786
GasProduction2,310,653 Mcf$8,526,306
Total$13,775,093

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 30.4607, -95.0061. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.46069, -95.00611 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,800 ft
1 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
1100.0%

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 11,800 ft.

Completions filed
Mar 2021
1 of 1 wells

1 well

42-40730694211,800 ftMar 2021——

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 (205)

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

205 months

May 2026971,583106.413.05$15,143
Apr 2026491,75198.932.87$9,872
Mar 2026941,86189.753.15$14,298
Feb 202601,58363.503.75$5,937
Jan 20262717359.138.00$2,980
Dec 20252041,36956.664.41$17,601
Nov 2025793,15358.593.93$17,009
Oct 2025382,42659.383.30$10,274
Sep 2025422,47462.743.08$10,247
Aug 2025643,18963.933.01$13,706
Jul 2025463,31666.743.32$14,063
Jun 20252003,35766.483.13$23,799
May 20251295,65360.553.23$26,083
Apr 2025882,91762.363.54$15,823
Mar 2025903,24967.704.27$19,961
Feb 20252373,00070.884.34$29,821
Jan 2025913,29474.324.28$20,857
Dec 2024843,79368.993.12$17,635
Nov 2024622,89269.052.20$10,639
Oct 20242844,43671.372.28$30,389
Sep 20240069.612.36$0
Aug 20241236,11775.632.06$21,926
Jul 202407,29579.932.15$15,659
Jun 20242847,09378.082.63$40,858
May 202410610,44678.812.20$31,319
Apr 20243026,92184.451.66$36,987
Mar 20241108,56680.301.55$22,069
Feb 20243488,14876.091.78$41,012
Jan 20242899,74173.023.30$53,225
Dec 20233489,74171.262.61$50,230
Nov 202317910,55477.892.81$43,573
Oct 202335210,95985.443.09$63,908
Sep 20232849,79389.042.74$52,072
Aug 202316613,50480.522.67$49,461
Jul 202337114,62474.852.64$66,403
Jun 202331714,41068.962.26$54,405
May 202350717,55470.622.23$74,904
Apr 202330315,89178.122.24$59,231
Mar 202334116,57272.852.39$64,501
Feb 202337015,01975.112.47$64,823
Jan 202318220,08276.533.39$81,961
Dec 202218617,94276.415.73$117,003
Nov 202236520,40985.005.65$146,258
Oct 202218420,92687.185.86$138,746
Sep 202218222,07384.888.16$195,645
Aug 202236530,31494.529.13$311,181
Jul 202236327,917101.587.54$247,426
Jun 202236023,821115.097.98$231,457
May 202217817,393109.378.43$166,144
Apr 202236718,789104.226.84$166,720
Mar 202236820,076108.885.08$141,982
Feb 202218518,66391.054.86$107,525
Jan 202255925,20781.844.54$160,130
Dec 202137126,40471.323.90$129,412
Nov 202155527,76477.435.24$188,370
Oct 202136631,72079.795.71$210,447
Sep 202154742,80469.865.35$267,254
Aug 202155440,05766.024.22$205,639
Jul 202173238,57370.783.98$205,412
Jun 202173215,61169.493.38$103,642
May 202173339,15263.483.02$164,679
Apr 202191838,45760.362.76$161,491
Mar 202117310,56761.302.72$39,315
Feb 20211826,21057.805.55$44,972
Jan 20211776,03150.412.81$25,871
Dec 20201743,82544.642.68$18,001
Nov 20201759,72438.772.71$33,103
Oct 202035010,76136.972.48$39,610
Sep 202035610,26637.091.99$33,644
Aug 202017812,07539.982.39$35,917
Jul 202035511,60338.371.83$34,798
Jun 202071012,17034.901.69$45,350
May 2020013,50516.921.81$24,508
Apr 202052913,99214.751.80$33,050
Mar 202017712,19030.341.86$27,998
Feb 202035813,05549.881.98$43,715
Jan 202070814,76857.252.09$71,468
Dec 201935315,20059.012.30$55,857
Nov 201949412,68355.302.75$62,205
Oct 201934814,83153.472.42$54,477
Sep 201952713,46855.052.66$64,800
Aug 201952114,92253.112.30$62,056
Jul 201952614,66756.272.46$65,680
Jun 201970119,17552.782.49$84,768
May 201969417,39958.482.74$88,264
Apr 201971915,97762.632.75$88,979
Mar 201972416,46656.803.06$91,544
Feb 201953514,63550.852.79$68,069
Jan 201997715,84246.033.23$96,112
Dec 201857016,29846.594.19$94,771
Nov 201855516,19052.934.24$97,977
Oct 201890214,63061.443.40$105,133
Sep 201872419,29259.543.11$103,067
Aug 201891117,93959.403.07$109,124
Jul 201891816,45765.142.93$108,048
Jun 201871918,44060.183.08$100,008
May 20181,11218,84965.382.90$127,380
Apr 201854517,67563.842.90$86,064
Mar 20181,09120,17061.222.79$123,002
Feb 201890720,92861.782.77$113,924
Jan 20181,12829,27262.874.01$188,278
Dec 201775117,42657.272.92$93,920
Nov 201775126,50455.423.12$124,269
Oct 201792027,48549.292.98$127,353
Sep 201717237347.523.09$9,325
Aug 2017026145.373.00$784
Jul 201718013243.873.09$8,304
Jun 201705542.493.09$170
May 20170045.373.26$0
Apr 201719867347.933.21$11,652
Mar 201734738146.772.98$17,366
Feb 20174052,62350.452.95$28,177
Jan 20174822,60649.413.42$32,725
Dec 20165923,51248.763.72$41,941
Nov 20166763,00442.492.64$36,667
Oct 20166894,06846.193.09$44,396
Sep 20168714,96241.553.10$51,575
Aug 20168764,73241.442.92$50,139
Jul 201687372741.622.92$38,460
Jun 201635653745.352.69$17,587
May 20161,0322,63142.521.99$49,119
Apr 20161,3005,02536.561.99$57,533
Mar 20161,3845,01933.011.79$54,690
Feb 20161,7635,15226.472.06$57,298
Jan 20162,1895,12527.352.36$71,986
Dec 20151,4184,19332.362.00$54,278
Nov 20152,2867,78138.792.17$105,538
Oct 20152,99513,31343.552.43$162,737
Sep 20153,00415,86242.992.76$172,896
Aug 20152,32127,01740.162.87$170,817
Jul 20151,99430,23748.152.95$185,061
Jun 20151,61930,04256.152.88$177,514
May 20151,26231,65955.212.96$163,242
Apr 20151,45332,75649.822.71$161,045
Mar 20151,25127,90142.892.93$135,537
Feb 201591623,83244.662.98$111,837
Jan 201552414,01443.433.10$66,210
Dec 20141773,44854.693.59$22,063
Nov 201403,12370.464.25$13,279
Oct 20141752,85378.303.90$24,832
Sep 201402,95486.164.05$11,950
Aug 20141772,83589.394.04$27,262
Jul 201402,78296.564.18$11,628
Jun 20141753,80598.164.74$35,202
May 201403,38894.734.73$16,014
Apr 201416997495.944.81$20,898
Mar 201402,77995.895.06$14,053
Feb 20141741,91497.406.19$28,799
Jan 201401,68790.404.86$8,200
Dec 20131722,82691.824.35$28,099
Nov 20131783,32888.853.74$28,256
Oct 201303,03997.423.78$11,485
Sep 20131781,548104.113.72$24,287
Aug 201301,310104.253.52$4,615
Jul 20131734,305102.523.72$33,741
Jun 201304,31794.403.93$16,981
May 20131776,14994.834.15$42,298
Apr 20131695,60293.964.28$39,870
Mar 201305,40993.623.91$21,165
Feb 20131793,60491.233.42$28,656
Jan 20131732,54391.603.42$24,544
Dec 20121783,12486.773.42$26,130
Nov 201202,39086.953.62$8,664
Oct 20121703,45289.383.40$26,930
Sep 20121753,87594.672.92$27,876
Aug 20121694,33692.662.91$28,269
Jul 201205,20585.133.02$15,723
Jun 20121523,61479.822.52$21,236
May 20121724,84091.612.49$27,800
Apr 20121685,482101.652.00$28,024
Mar 201207,006105.052.22$15,568
Feb 201205,896101.102.57$15,154
Jan 20121797,02798.092.73$36,770
Dec 201104,17896.873.24$13,536
Nov 20111773,17095.723.31$27,439
Oct 20111755,34584.983.65$34,373
Sep 20111715,75283.623.99$37,225
Aug 20111765,99083.404.15$39,533
Jul 20111706,06094.144.52$43,378
Jun 20111926,64092.904.64$48,646
May 20111936,73798.134.40$48,614
Apr 20111947,748105.964.33$54,130
Mar 20111937,51396.364.06$49,080
Feb 20111966,86185.644.18$45,464
Jan 20113908,10786.504.59$70,936
Dec 20101937,57585.734.35$49,480
Nov 20101859,20280.843.80$49,880
Oct 20105328,10378.103.51$69,982
Sep 20101864,66972.633.98$32,089
Aug 201001,06973.684.42$4,724
Jul 20101829,65072.554.74$58,911
Jun 201037211,05570.364.91$80,458
May 201037813,72571.124.24$85,012
Apr 201036813,92181.694.12$87,454
Mar 201037315,67378.394.39$98,023
Feb 201055315,15373.585.44$123,158
Jan 201054918,96274.365.96$153,915
Dec 200934319,85371.445.48$133,373
Nov 200954924,09474.593.75$131,339
Oct 200972826,77372.544.11$162,853
Sep 200971419,41065.543.06$106,282
Aug 200955218,40067.423.22$96,436
Jul 200971718,23161.133.46$106,992
Jun 200988024,75966.163.90$154,657
May 200954317,16854.743.93$97,121

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.

May 2026 — as filed, then multipliedworked
Condensate            97 bbl  × $106.41 =    $10,322
Gas                1,583 Mcf  × $  3.05 =     $4,822

────────────────────────────────────────────────────
Month total                                  $15,143

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. 03/G/250690 is the state's own key, not one this site invented.