SHARP, BELLE

Operated by SPONTE OPERATING, INC. (P-5 810277) in the BECKVILLE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 232175District 06Field 066485002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Sep 2007 – Aug 2021
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 503 leases and 503 wells, and the rule below applies to all of them.

Discovered
1974-05-21
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2015-02-24.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112008-08-14184944
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
CondensateDisposition4,650 bbl$393,486
GasProduction308,328 Mcf$1,819,916
Total$2,213,402

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 32.2679, -94.4876. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.26789, -94.48762 · 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
100.0%
1 of 1 wells
Median depth
11,525 ft
1 wells filed one
Completion to plug
13.8 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 11,525 ft.

Completions filed
Sep 2007
1 of 1 wells
Plug dates filed
Jul 2021
1 of 1 wells

Last completion to plug: a median of 13.8 years across the 1 well that filed both dates, with the middle half between 13.8 years and 13.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-365366921311,525 ftSep 2007Jul 2021Yes

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

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 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019273059.012.30$1,662
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019252855.052.66$1,451
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20197862.632.75$460
Mar 20193356.803.06$180
Feb 20193350.852.79$161
Jan 20190046.033.23$0
Dec 20183346.594.19$152
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20183359.403.07$187
Jul 20183365.142.93$204
Jun 20186760.183.08$383
May 20183365.382.90$205
Apr 20186763.842.90$403
Mar 20180061.222.79$0
Feb 20183061.782.77$185
Jan 201816662.874.01$1,030
Dec 20170757.272.92$20
Nov 20171380555.423.12$3,231
Oct 20170449.292.98$12
Sep 2017051547.523.09$1,590
Aug 2017246945.373.00$1,500
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20174047.933.21$192
Mar 2017072146.772.98$2,151
Feb 20170050.452.95$0
Jan 201710049.413.42$494
Dec 2016124248.763.72$741
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20163116141.622.92$1,761
Jun 2016014245.352.69$381
May 20162012142.521.99$1,091
Apr 20162512736.561.99$1,167
Mar 20161810833.011.79$788
Feb 2016016826.472.06$347
Jan 2016012527.352.36$296
Dec 2015046032.362.00$921
Nov 2015015338.792.17$332
Oct 201504543.552.43$109
Sep 2015015542.992.76$428
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015067656.152.88$1,949
May 20150055.212.96$0
Apr 2015031049.822.71$839
Mar 20159042.892.93$386
Feb 201578444.662.98$3,495
Jan 20151084143.433.10$3,042
Dec 2014030154.693.59$1,081
Nov 2014458370.464.25$2,761
Oct 2014136478.303.90$1,268
Sep 20142295786.164.05$5,767
Aug 2014221,00489.394.04$6,018
Jul 2014030596.564.18$1,275
Jun 2014880798.164.74$4,608
May 201417094.734.73$1,610
Apr 20143852595.944.81$6,171
Mar 2014221,24395.895.06$8,395
Feb 20141910997.406.19$2,526
Jan 20147644790.404.86$9,043
Dec 2013404091.824.35$3,847
Nov 20134037088.853.74$4,937
Oct 20134020797.423.78$4,679
Sep 2013107859104.113.72$14,333
Aug 20130676104.253.52$2,381
Jul 201339760102.523.72$6,824
Jun 20134064094.403.93$6,293
May 201301594.834.15$62
Apr 201311158193.964.28$12,918
Mar 20134061793.623.91$6,159
Feb 20133956691.233.42$5,494
Jan 2013401,29991.603.42$8,106
Dec 2012371,08686.773.42$6,925
Nov 2012391,09086.953.62$7,342
Oct 2012401,15189.383.40$7,488
Sep 20123631894.672.92$4,336
Aug 20123765892.662.91$5,342
Jul 20124078985.133.02$5,789
Jun 2012391,12079.822.52$5,934
May 20121111,62391.612.49$14,207
Apr 2012401,014101.652.00$6,091
Mar 2012511,083105.052.22$7,764
Feb 2012962,713101.102.57$16,679
Jan 2012373,81598.092.73$14,060
Dec 2011322,80596.873.24$12,187
Nov 2011573,46395.723.31$16,923
Oct 2011263,05484.983.65$13,352
Sep 2011503,43183.623.99$17,856
Aug 2011242,88683.404.15$13,977
Jul 2011192,57694.144.52$13,425
Jun 2011222,83492.904.64$15,193
May 2011463,79198.134.40$21,213
Apr 2011412,548105.964.33$15,386
Mar 2011452,53696.364.06$14,626
Feb 2011222,64385.644.18$12,932
Jan 2011193,58686.504.59$18,099
Dec 201024,27285.734.35$18,745
Nov 201014,66280.843.80$17,775
Oct 2010104,25578.103.51$15,711
Sep 2010782,63272.633.98$16,139
Aug 2010893,92573.684.42$23,904
Jul 2010183,53772.554.74$18,059
Jun 2010392,91870.364.91$17,073
May 2010374,27571.124.24$20,737
Apr 2010304,78681.694.12$22,182
Mar 2010315,23878.394.39$25,418
Feb 2010473,67373.585.44$23,448
Jan 2010495,19074.365.96$34,597
Dec 2009314,29571.445.48$25,767
Nov 2009414,80674.593.75$21,088
Oct 2009444,76972.544.11$22,794
Sep 2009414,26665.543.06$15,761
Aug 2009564,12967.423.22$17,065
Jul 2009605,20661.133.46$21,704
Jun 2009665,20166.163.90$24,624
May 2009414,57854.743.93$20,216
Apr 2009544,82146.773.59$19,821
Mar 2009504,38042.144.06$19,885
Feb 2009171,89132.814.63$9,319
Jan 2009675,18935.865.37$30,273
Dec 2008474,56537.105.98$29,029
Nov 2008464,61655.496.86$34,220
Oct 2008665,02375.246.92$39,735
Sep 2008474,211101.767.88$37,953
Aug 2008494,928114.228.48$47,401
Jul 2008515,719131.0811.39$71,821
Jun 2008705,488131.3313.03$80,716
May 2008857,839123.1711.57$101,200
Apr 20081178,103110.3110.45$97,622
Mar 20081178,566101.909.66$94,705
Feb 2008966,99892.538.77$70,259
Jan 200816712,02890.388.21$113,792
Dec 200720914,99488.337.30$127,947
Nov 200720015,88191.677.29$134,133
Oct 200716123,69582.856.92$177,355
Sep 2007092975.846.24$5,801

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.

Dec 2019 — as filed, then multipliedworked
Condensate            27 bbl  × $ 59.01 =     $1,593
Gas                   30 Mcf  × $  2.30 =        $69

────────────────────────────────────────────────────
Month total                                   $1,662

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. 06/G/232175 is the state's own key, not one this site invented.