SHARON

Name: SHARON lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by REPUBLIC RESOURCES, LLC. (P-5 703124) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12896District 03Field 34733500OilCasinghead gasSave

Value, all time

$157 k

Jan 1993 – Sep 2000

Value, last 12 filed months

$12 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

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
Oil	Disposition	8,463 bbl	$142,926
Casinghead gas	Production	29,540 Mcf	$14,500
Total			$157,426

23,517 Mcf of this lease's gas, across 48 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 (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 29.9322, -97.0811. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.93223, -97.08105 · 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

8,345 ft

1 wells filed one

Completion to plug

20.0 years

median over 1 wells

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 8,345 ft.

Completions filed

Apr 1980

1 of 1 wells

Plug dates filed

Apr 2000

1 of 1 wells

Last completion to plug: a median of 20.0 years across the 1 well that filed both dates, with the middle half between 20.0 years and 20.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-14930437	1	8,345 ft	Apr 1980	Apr 2000	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 (93)

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

93 months


Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	46	0	24.51	3.12	$1,127
Mar 2000	120	75	28.42	2.86	$3,625
Feb 2000	0	102	27.62	2.73	$278
Jan 2000	0	111	25.27	2.48	$275
Dec 1999	0	103	24.28	2.42	$250
Nov 1999	76	89	23.19	2.43	$1,979
Oct 1999	192	114	20.98	2.80	$4,348
Sep 1999	0	81	21.75	2.62	$212
Aug 1999	0	74	19.26	2.88	$213
Jul 1999	0	78	17.89	2.37	$185
Jun 1999	0	94	15.94	2.36	$222
May 1999	0	72	15.79	2.32	$167
Apr 1999	0	116	15.10	2.21	$256
Mar 1999	0	59	12.47	1.84	$108
Feb 1999	182	99	9.98	1.82	$1,996
Jan 1999	0	85	10.38	1.90	$162
Dec 1998	1	87	9.20	1.77	$163
Nov 1998	1	119	10.89	2.19	$271
Oct 1998	3	117	12.42	1.97	$268
Sep 1998	199	84	12.59	2.08	$2,680
Aug 1998	15	135	11.30	1.91	$427
Jul 1998	6	129	11.74	2.24	$359
Jun 1998	5	139	11.24	2.24	$367
May 1998	5	156	12.62	2.21	$407
Apr 1998	191	158	13.04	2.51	$2,886
Mar 1998	19	152	12.80	2.31	$594
Feb 1998	9	152	13.95	2.30	$475
Jan 1998	8	177	14.70	2.15	$499
Dec 1997	8	172	16.32	2.41	$545
Nov 1997	6	178	18.19	3.09	$659
Oct 1997	197	216	19.25	3.15	$4,473
Sep 1997	8	217	17.74	2.95	$783
Aug 1997	9	228	17.86	2.55	$743
Jul 1997	13	262	17.58	2.25	$817
Jun 1997	13	258	17.24	2.26	$806
May 1997	181	267	18.97	2.31	$4,050
Apr 1997	13	254	17.88	2.08	$761
Mar 1997	10	320	18.95	1.94	$810
Feb 1997	190	390	20.49	2.21	$4,753
Jan 1997	10	304	23.48	3.54	$1,311
Dec 1996	12	443	23.32	—	$280
Nov 1996	182	388	21.97	—	$3,999
Oct 1996	8	443	23.31	—	$186
Sep 1996	194	500	22.22	—	$4,311
Aug 1996	39	294	20.26	—	$790
Jul 1996	210	512	19.55	—	$4,106
Jun 1996	18	418	18.73	—	$337
May 1996	210	387	19.43	—	$4,080
Apr 1996	10	402	21.51	—	$215
Mar 1996	284	390	19.38	—	$5,504
Feb 1996	11	400	16.98	—	$187
Jan 1996	213	446	17.07	—	$3,636
Dec 1995	13	462	17.19	—	$223
Nov 1995	206	432	16.00	—	$3,296
Oct 1995	5	424	15.43	—	$77
Sep 1995	204	427	16.18	—	$3,301
Aug 1995	193	456	15.92	—	$3,073
Jul 1995	7	428	15.24	—	$107
Jun 1995	205	437	16.41	—	$3,364
May 1995	201	397	17.56	—	$3,530
Apr 1995	14	373	17.73	—	$248
Mar 1995	204	441	16.44	—	$3,354
Feb 1995	4	413	16.58	—	$66
Jan 1995	194	431	15.92	—	$3,088
Dec 1994	187	374	15.03	—	$2,811
Nov 1994	202	434	15.90	—	$3,212
Oct 1994	6	377	15.58	—	$93
Sep 1994	199	454	15.29	—	$3,043
Aug 1994	188	390	16.13	—	$3,032
Jul 1994	193	511	17.56	—	$3,389
Jun 1994	191	480	17.09	—	$3,264
May 1994	182	548	15.88	—	$2,890
Apr 1994	180	390	14.14	—	$2,545
Mar 1994	183	615	12.46	—	$2,280
Feb 1994	185	500	12.50	—	$2,313
Jan 1994	180	489	12.66	—	$2,279
Dec 1993	182	626	12.33	—	$2,244
Nov 1993	3	657	14.49	—	$43
Oct 1993	149	691	15.85	—	$2,362
Sep 1993	178	614	15.03	—	$2,675
Aug 1993	183	718	15.66	—	$2,866
Jul 1993	182	529	15.46	—	$2,814
Jun 1993	2	429	16.79	—	$34
May 1993	186	795	17.68	—	$3,288
Apr 1993	186	751	18.05	—	$3,357
Mar 1993	377	659	18.14	—	$6,839
Feb 1993	0	773	17.90	—	$0
Jan 1993	182	569	16.93	—	$3,081

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 2000 — as filed, then multipliedworked

Oil                   46 bbl  × $ 24.51 =     $1,127
Casinghead gas         0 Mcf  × $  3.12 =         $0

────────────────────────────────────────────────────
Month total                                   $1,127

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/12896 is the state's own key, not one this site invented.