STARK FOUNDATION

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

Operated by MCGOWAN WORKING PARTNERS, INC. (P-5 549836) in the SHANNON, N. (NODOSARIA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18109District 03Field 82668400OilCasinghead gasSave Export

Value, all time

$4.2 M

Jan 1993 – Jul 2008

Value, last 12 filed months

$17 k

at the published price for each month

Months reported

187

no gaps in the span

Streams

oil, casinghead gas

The SHANNON, N. (NODOSARIA) 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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered

1980-12-30

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: “ALLOCATION FORMULA EFF. 8-1-81 PER AMENDMENT TO SWR 28 & 29”

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	98,444 bbl	$1,909,029
Casinghead gas	Production	1,017,177 Mcf	$2,310,951
Total			$4,219,980

298,609 Mcf of this lease's gas, across 42 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 30.1776, -93.9502. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.17760, -93.95017 · 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

8,519 ft

1 wells filed one

Completion to plug

12.8 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 8,519 ft.

Completions filed

Jul 1995

1 of 1 wells

Plug dates filed

Apr 2008

1 of 1 wells

Last completion to plug: a median of 12.8 years across the 1 well that filed both dates, with the middle half between 12.8 years and 12.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36130368	1	8,519 ft	Jul 1995	Apr 2008	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


Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	167	0	101.90	9.66	$17,017
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	196	88	66.28	6.38	$13,553
May 2006	0	96	66.01	6.42	$617
Apr 2006	0	92	64.39	7.36	$677
Mar 2006	194	124	56.70	7.08	$11,878
Feb 2006	0	60	57.59	7.75	$465
Jan 2006	193	124	60.59	8.93	$12,802
Dec 2005	0	124	54.94	13.42	$1,664
Nov 2005	178	180	54.69	10.59	$11,641
Oct 2005	0	144	58.34	13.80	$1,987
Sep 2005	0	126	61.45	12.08	$1,522
Aug 2005	184	186	61.51	9.80	$13,140
Jul 2005	0	372	55.69	7.84	$2,918
Jun 2005	189	360	52.33	7.38	$12,548
May 2005	156	416	45.22	6.65	$9,821
Apr 2005	0	448	49.20	7.36	$3,298
Mar 2005	182	496	50.37	7.15	$12,716
Feb 2005	194	420	45.22	6.31	$11,424
Jan 2005	173	496	43.16	6.32	$10,602
Dec 2004	177	140	39.86	6.75	$8,000
Nov 2004	0	150	45.28	6.33	$950
Oct 2004	191	155	49.70	6.52	$10,503
Sep 2004	188	90	43.24	5.28	$8,605
Aug 2004	189	899	42.37	5.55	$12,998
Jul 2004	177	808	38.28	6.08	$11,692
Jun 2004	0	583	36.10	6.43	$3,750
May 2004	185	1,103	37.48	6.49	$14,097
Apr 2004	370	1,452	34.47	5.86	$21,260
Mar 2004	0	1,495	34.36	5.53	$8,268
Feb 2004	186	1,586	32.45	5.51	$14,774
Jan 2004	186	1,591	32.03	6.30	$15,980
Dec 2003	183	1,449	30.26	6.30	$14,669
Nov 2003	181	1,586	28.80	4.60	$12,501
Oct 2003	180	1,749	28.17	4.76	$13,395
Sep 2003	185	2,013	26.31	4.75	$14,428
Aug 2003	180	2,010	29.76	5.13	$15,668
Jul 2003	177	2,014	29.41	5.17	$15,620
Jun 2003	188	2,014	28.56	5.98	$17,419
May 2003	173	2,118	26.59	5.97	$17,250
Apr 2003	178	3,573	26.67	5.41	$24,067
Mar 2003	347	4,055	31.14	6.10	$35,525
Feb 2003	183	3,310	33.48	7.93	$32,362
Jan 2003	177	4,095	30.31	5.58	$28,223
Dec 2002	165	4,426	26.91	4.85	$25,923
Nov 2002	356	3,524	24.66	4.14	$23,358
Oct 2002	177	2,203	26.46	4.23	$14,000
Sep 2002	183	3,117	27.44	3.64	$16,352
Aug 2002	358	4,668	25.96	3.16	$24,064
Jul 2002	185	4,608	24.58	3.06	$18,656
Jun 2002	337	5,181	23.73	3.34	$25,292
May 2002	189	5,190	24.66	3.58	$23,262
Apr 2002	330	6,706	23.65	3.51	$31,358
Mar 2002	350	6,930	22.00	3.10	$29,202
Feb 2002	345	6,877	18.22	2.38	$22,623
Jan 2002	358	8,668	17.17	2.38	$26,739
Dec 2001	362	9,525	16.93	2.36	$28,650
Nov 2001	357	8,956	18.07	2.41	$27,995
Oct 2001	352	8,873	19.78	2.53	$29,401
Sep 2001	343	8,940	24.26	2.25	$28,448
Aug 2001	376	8,491	24.87	3.05	$35,276
Jul 2001	355	9,046	23.93	3.20	$37,416
Jun 2001	347	7,896	24.56	3.82	$38,718
May 2001	350	8,465	25.52	4.31	$45,393
Apr 2001	358	7,149	24.68	5.34	$46,978
Mar 2001	548	9,564	24.54	5.38	$64,868
Feb 2001	194	8,198	27.75	5.77	$52,662
Jan 2001	541	8,320	27.47	8.40	$84,739
Dec 2000	343	10,593	26.88	9.12	$105,854
Nov 2000	333	8,473	32.21	5.66	$58,666
Oct 2000	540	10,903	31.23	5.15	$72,966
Sep 2000	350	9,423	31.87	5.19	$60,027
Aug 2000	519	8,528	29.64	4.54	$54,107
Jul 2000	514	9,929	28.53	4.09	$55,272
Jun 2000	346	8,322	29.30	4.40	$46,732
May 2000	496	8,521	27.26	3.68	$44,876
Apr 2000	551	9,403	24.51	3.12	$42,805
Mar 2000	370	7,945	28.42	2.86	$33,236
Feb 2000	551	8,308	27.62	2.73	$37,870
Jan 2000	348	5,560	25.27	2.48	$22,586
Dec 1999	722	10,200	24.28	2.42	$42,252
Nov 1999	358	9,890	23.19	2.43	$32,374
Oct 1999	687	10,140	20.98	2.80	$42,843
Sep 1999	692	7,435	21.75	2.62	$34,522
Aug 1999	521	9,840	19.26	2.88	$38,330
Jul 1999	534	6,420	17.89	2.37	$24,784
Jun 1999	696	8,595	15.94	2.36	$31,396
May 1999	350	9,155	15.79	2.32	$26,775
Apr 1999	703	9,833	15.10	2.21	$32,327
Mar 1999	900	10,446	12.47	1.84	$30,426
Feb 1999	349	9,335	9.98	1.82	$20,452
Jan 1999	1,053	9,635	10.38	1.90	$29,236
Dec 1998	346	9,910	9.20	1.77	$20,757
Nov 1998	882	11,890	10.89	2.19	$35,593
Oct 1998	708	12,135	12.42	1.97	$32,690
Sep 1998	887	12,310	12.59	2.08	$36,804
Aug 1998	891	13,460	11.30	1.91	$35,741
Jul 1998	852	13,600	11.74	2.24	$40,429
Jun 1998	923	13,365	11.24	2.24	$40,276
May 1998	1,050	13,885	12.62	2.21	$43,886
Apr 1998	756	13,180	13.04	2.51	$42,878
Mar 1998	1,135	14,540	12.80	2.31	$48,107
Feb 1998	763	11,860	13.95	2.30	$37,912
Jan 1998	1,150	12,685	14.70	2.15	$44,239
Dec 1997	1,134	14,175	16.32	2.41	$52,684
Nov 1997	548	8,760	18.19	3.09	$37,021
Oct 1997	943	11,315	19.25	3.15	$53,793
Sep 1997	531	9,490	17.74	2.95	$37,462
Aug 1997	753	9,680	17.86	2.55	$38,178
Jul 1997	1,073	13,875	17.58	2.25	$50,040
Jun 1997	1,330	13,070	17.24	2.26	$52,431
May 1997	1,136	13,440	18.97	2.31	$52,576
Apr 1997	899	11,710	17.88	2.08	$40,463
Mar 1997	1,106	12,640	18.95	1.94	$45,469
Feb 1997	750	9,285	20.49	2.21	$35,849
Jan 1997	939	11,565	23.48	3.54	$62,984
Dec 1996	1,154	12,385	23.32	—	$26,911
Nov 1996	959	12,030	21.97	—	$21,069
Oct 1996	1,134	13,056	23.31	—	$26,434
Sep 1996	1,091	13,875	22.22	—	$24,242
Aug 1996	1,109	13,263	20.26	—	$22,468
Jul 1996	1,310	15,515	19.55	—	$25,611
Jun 1996	1,441	14,935	18.73	—	$26,990
May 1996	1,314	14,660	19.43	—	$25,531
Apr 1996	1,501	13,307	21.51	—	$32,287
Mar 1996	1,283	13,215	19.38	—	$24,865
Feb 1996	929	11,479	16.98	—	$15,774
Jan 1996	1,542	15,310	17.07	—	$26,322
Dec 1995	1,479	16,460	17.19	—	$25,424
Nov 1995	1,524	16,385	16.00	—	$24,384
Oct 1995	1,563	16,650	15.43	—	$24,117
Sep 1995	1,563	12,574	16.18	—	$25,289
Aug 1995	1,856	6,490	15.92	—	$29,548
Jul 1995	1,683	6,099	15.24	—	$25,649
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	755	258	17.73	—	$13,386
Mar 1995	1,557	268	16.44	—	$25,597
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	897	0	15.90	—	$14,262
Oct 1994	1,042	1	15.58	—	$16,234
Sep 1994	932	1	15.29	—	$14,250
Aug 1994	951	181	16.13	—	$15,340
Jul 1994	1,016	2,174	17.56	—	$17,841
Jun 1994	925	3,920	17.09	—	$15,808
May 1994	993	4,143	15.88	—	$15,769
Apr 1994	832	4,040	14.14	—	$11,764
Mar 1994	998	4,204	12.46	—	$12,435
Feb 1994	987	3,854	12.50	—	$12,338
Jan 1994	1,052	4,428	12.66	—	$13,318
Dec 1993	1,105	4,245	12.33	—	$13,625
Nov 1993	1,045	4,150	14.49	—	$15,142
Oct 1993	1,094	4,365	15.85	—	$17,340
Sep 1993	1,146	3,438	15.03	—	$17,224
Aug 1993	962	3,007	15.66	—	$15,065
Jul 1993	1,153	3,289	15.46	—	$17,825
Jun 1993	1,102	3,628	16.79	—	$18,503
May 1993	948	1,374	17.68	—	$16,761
Apr 1993	1,284	1,793	18.05	—	$23,176
Mar 1993	941	1,202	18.14	—	$17,070
Feb 1993	889	1,328	17.90	—	$15,913
Jan 1993	1,089	1,630	16.93	—	$18,437

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.

Mar 2008 — as filed, then multipliedworked

Oil                  167 bbl  × $101.90 =    $17,017
Casinghead gas         0 Mcf  × $  9.66 =         $0

────────────────────────────────────────────────────
Month total                                  $17,017

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/18109 is the state's own key, not one this site invented.