SHERAR MINERAL FEE

Operated by ERNEST OPERATING COMPANY (P-5 253480) in the NOACK COW HERD (3460) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11618District 03Field 65607500OilCasinghead gasSaveExport
Value, all time
$431 k
Jan 1993 – Jun 2023
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
366
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 25 leases and 44 wells, and the rule below applies to all of them.

Discovered
1975-06-17
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: FLD. RULES CANCELLED 3/13/78

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
OilDisposition9,415 bbl$336,774
Casinghead gasProduction38,231 Mcf$94,073
Total$430,847

12,766 Mcf of this lease's gas, across 46 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (4)

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 30.5310, -96.9206. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

30.53124, -96.92029 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
3,499 ft
4 wells filed one
Completion to plug
22.3 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 3,450 and 3,547 ft, median 3,499 ft, over the 4 wells that filed a depth.

Completions filed
Oct 1977 – Mar 2003
4 of 4 wells
Plug dates filed
Nov 1997 – Nov 2022
4 of 4 wells

Last completion to plug: a median of 22.3 years across the 4 wells that filed both dates, with the middle half between 19.5 years and 30.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-2873051813,495 ftMar 2003Oct 2022Yes
42-2873036343,502 ftJul 1978Nov 1997Yes
42-2873024833,450 ftMar 1978Mar 2003Yes
42-2873021723,547 ftOct 1977Nov 2022Yes

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 (366)

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

366 months

Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20232078.122.24$156
Mar 20235072.852.39$364
Feb 20235075.112.47$376
Jan 20230076.533.39$0
Dec 20225076.415.73$382
Nov 20220085.005.65$0
Oct 202288087.185.86$7,672
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20221091.054.86$91
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020145030.341.86$4,399
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018157060.183.08$9,448
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
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
Oct 2014171078.303.90$13,389
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014186095.944.81$17,845
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013167093.623.91$15,635
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 201264086.953.62$5,565
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012190079.822.52$15,166
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011188083.404.15$15,679
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010173078.103.51$13,511
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008172037.105.98$6,381
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 2007178091.677.29$16,317
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007176062.007.55$10,912
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006177056.656.92$10,027
Nov 20060054.207.62$0
Oct 2006180054.906.01$9,882
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006174066.016.42$11,486
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 2005163054.6910.59$8,914
Oct 20051058.3413.80$58
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 2005170045.226.65$7,687
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 2004178045.286.33$8,060
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 2004174037.486.49$6,522
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 2003172030.266.30$5,205
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 2003015026.314.75$712
Aug 20030029.765.13$0
Jul 2003186029.415.17$5,470
Jun 2003016028.565.98$957
May 2003017026.595.97$1,015
Apr 2003015026.675.41$811
Mar 2003014531.146.10$884
Feb 2003015533.487.93$1,229
Jan 2003015030.315.58$837
Dec 200217714826.914.85$5,481
Nov 2002015124.664.14$625
Oct 2002015026.464.23$634
Sep 2002015027.443.64$545
Aug 200218517125.963.16$5,344
Jul 2002016024.583.06$490
Jun 2002015523.733.34$517
May 2002016024.663.58$573
Apr 2002016023.653.51$562
Mar 200218316022.003.10$4,522
Feb 2002015618.222.38$371
Jan 2002019217.172.38$456
Dec 2001019216.932.36$454
Nov 2001119218.072.41$480
Oct 200118522119.782.53$4,218
Sep 2001013624.262.25$306
Aug 2001017024.873.05$519
Jul 2001017723.933.20$566
Jun 2001017724.563.82$677
May 200118012,13125.524.31$56,846
Apr 200106324.685.34$336
Mar 200106624.545.38$355
Feb 200108527.755.77$490
Jan 200118310627.478.40$5,917
Dec 200008026.889.12$730
Nov 200007632.215.66$430
Oct 200009331.235.15$479
Sep 200008131.875.19$420
Aug 20001749229.644.54$5,575
Jul 200009228.534.09$376
Jun 2000016229.304.40$712
May 2000015827.263.68$581
Apr 200017222024.513.12$4,901
Mar 2000018428.422.86$526
Feb 2000022227.622.73$605
Jan 20000025.272.48$0
Dec 199918418824.282.42$4,923
Nov 19993924323.192.43$1,496
Oct 1999022220.982.80$622
Sep 1999027321.752.62$715
Aug 1999023719.262.88$682
Jul 199917826917.892.37$3,823
Jun 1999028715.942.36$678
May 1999029415.792.32$682
Apr 1999023215.102.21$512
Mar 199917628312.471.84$2,715
Feb 199902419.981.82$438
Jan 1999027510.381.90$522
Dec 199802909.201.77$514
Nov 199817027210.892.19$2,446
Oct 1998024412.421.97$480
Sep 199818126412.592.08$2,829
Aug 1998022511.301.91$429
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 1998165013.042.51$2,152
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 1998172014.702.15$2,528
Dec 19970016.322.41$0
Nov 1997027218.193.09$840
Oct 199718124619.253.15$4,259
Sep 1997029517.742.95$872
Aug 1997028717.862.55$733
Jul 199717627217.582.25$3,705
Jun 1997019517.242.26$440
May 1997026918.972.31$621
Apr 1997031717.882.08$660
Mar 1997030018.951.94$582
Feb 1997020720.492.21$457
Jan 1997029723.483.54$1,051
Dec 199617132923.32$3,988
Nov 1996033021.97$0
Oct 1996036823.31$0
Sep 199617729722.22$3,933
Aug 1996032120.26$0
Jul 1996040319.55$0
Jun 199617630518.73$3,296
May 1996037219.43$0
Apr 199619129621.51$4,108
Mar 19960019.38$0
Feb 1996034516.98$0
Jan 1996189017.07$3,226
Dec 1995028517.19$0
Nov 1995020616.00$0
Oct 1995029715.43$0
Sep 1995029516.18$0
Aug 199518131315.92$2,882
Jul 1995033415.24$0
Jun 1995029716.41$0
May 199518432117.56$3,231
Apr 1995019017.73$0
Mar 199518631216.44$3,058
Feb 1995029616.58$0
Jan 1995035315.92$0
Dec 1994031715.03$0
Nov 199418638115.90$2,957
Oct 1994039415.58$0
Sep 1994051415.29$0
Aug 1994031416.13$0
Jul 199417930017.56$3,143
Jun 1994020417.09$0
May 199417716215.88$2,811
Apr 1994015114.14$0
Mar 1994118012.46$12
Feb 1994024512.50$0
Jan 199409812.66$0
Dec 199317518512.33$2,158
Nov 1993027714.49$0
Oct 199317525815.85$2,774
Sep 1993118215.03$15
Aug 1993024715.66$0
Jul 1993014415.46$0
Jun 199317421116.79$2,921
May 1993030417.68$0
Apr 1993031118.05$0
Mar 1993017018.14$0
Feb 199318217417.90$3,258
Jan 1993017816.93$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.

Apr 2023 — as filed, then multipliedworked
Oil                    2 bbl  × $ 78.12 =       $156
Casinghead gas         0 Mcf  × $  2.24 =         $0

────────────────────────────────────────────────────
Month total                                     $156

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/O/11618 is the state's own key, not one this site invented.