SW FARM & RANCH - STATE OF TX

Operated by SHELL WESTERN E&P (P-5 774719) in the HINDE,WEST (VICKSBURG-18) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 110316District 04Field 41545500NGPA filingCondensateGasSaveExport
Value, all time
$471 k
Jan 1993 – Dec 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
168
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1983-02-16
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 1984-06-04.

The Commission's schedule remark for this field reads: HINDE (VICKSBURG CONSOLIDATED)41537250

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
NGPA2none

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
CondensateDisposition1,053 bbl$15,786
GasProduction356,227 Mcf$455,446
Total$471,231

171,674 Mcf of this lease's gas, across 41 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 26.4844, -98.5501. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.48443, -98.55006 · 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
0.0%
0 of 1 wells
Median depth
8,500 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
1100.0%
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.
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 8,500 ft.

Completions filed
Dec 1995
1 of 1 wells

1 well

42-4273182428,500 ftDec 1995Yes

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 (168)

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

168 months

Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
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 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
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 20040045.286.33$0
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 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 1998137,16511.301.91$13,813
Jul 19981411,12811.742.24$25,061
Jun 19981410,32511.242.24$23,257
May 19981410,45212.622.21$23,237
Apr 199811710,49713.042.51$27,824
Mar 199814911,20312.802.31$27,780
Feb 1998976,39313.952.30$16,051
Jan 19981037,81414.702.15$18,352
Dec 19971127,00816.322.41$18,725
Nov 1997909,49118.193.09$30,948
Oct 1997014,08119.253.15$44,353
Sep 1997014,25617.742.95$42,125
Aug 199709,23917.862.55$23,603
Jul 1997010,64117.582.25$23,910
Jun 199709,06717.242.26$20,466
May 199708,48318.972.31$19,583
Apr 199709,03817.882.08$18,824
Mar 199706,05718.951.94$11,745
Feb 199705,27720.492.21$11,641
Jan 199706,93823.483.54$24,558
Dec 199606,54523.32$0
Nov 199606,96121.97$0
Oct 199607,46523.31$0
Sep 199607,22722.22$0
Aug 1996011,16020.26$0
Jul 199609,46919.55$0
Jun 199609,01518.73$0
May 199607,98419.43$0
Apr 1996011,07721.51$0
Mar 1996013,81619.38$0
Feb 1996013,84216.98$0
Jan 1996014,43217.07$0
Dec 199501,10117.19$0
Nov 199511,12416.00$16
Oct 1995191,81415.43$293
Sep 1995361,42216.18$582
Aug 1995341,78615.92$541
Jul 1995311,50115.24$472
Jun 1995331,51016.41$542
May 1995401,49417.56$702
Apr 1995241,19517.73$426
Mar 1995351,45116.44$575
Feb 1995192,01416.58$315
Jan 1995212,49115.92$334
Dec 1994056615.03$0
Nov 19940015.90$0
Oct 199411,04415.58$16
Sep 199448,72415.29$61
Aug 1994035416.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 1994226512.50$25
Jan 199441,15412.66$51
Dec 1993056512.33$0
Nov 19930014.49$0
Oct 1993123215.85$16
Sep 199362,15515.03$90
Aug 199352,86315.66$78
Jul 199334,42815.46$46
Jun 199312,43616.79$17
May 199322,85817.68$35
Apr 199325,25618.05$36
Mar 1993017518.14$0
Feb 1993340617.90$54
Jan 1993329716.93$51

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.

Aug 1998 — as filed, then multipliedworked
Condensate            13 bbl  × $ 11.30 =       $147
Gas                7,165 Mcf  × $  1.91 =    $13,666

────────────────────────────────────────────────────
Month total                                  $13,813

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. 04/G/110316 is the state's own key, not one this site invented.