SHARP-SMITH UNIT

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 85695District 06Field 16032174NGPA filingGasSaveExport
Value, all time
$765 k
Jan 1993 – May 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
245
no gaps in the span
Streams
1
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and 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 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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
GasProduction197,354 Mcf$765,346
Total$765,346

63,156 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 32.2544, -94.4614. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.25443, -94.46144 · 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
10,175 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
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 10,175 ft.

Plug dates filed
May 2013
1 of 1 wells

1 well

42-36530922210,175 ftMay 2013Yes

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 (245)

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

245 months

May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 20104373.684.42$190
Jul 201046472.554.74$2,198
Jun 201021570.364.91$1,056
May 2010071.124.24$0
Apr 20105381.694.12$219
Mar 201039278.394.39$1,720
Feb 2010173.585.44$5
Jan 201041174.365.96$2,451
Dec 200951971.445.48$2,846
Nov 200977974.593.75$2,922
Oct 20091,08472.544.11$4,456
Sep 20091,03865.543.06$3,181
Aug 200966267.423.22$2,131
Jul 2009061.133.46$0
Jun 20091666.163.90$62
May 20092254.743.93$86
Apr 200923646.773.59$847
Mar 20091,11642.144.06$4,530
Feb 200910532.814.63$486
Jan 200933335.865.37$1,789
Dec 200842237.105.98$2,522
Nov 20082,13655.496.86$14,654
Oct 20082,38675.246.92$16,516
Sep 20081,877101.767.88$14,785
Aug 20082,249114.228.48$19,078
Jul 20082,441131.0811.39$27,802
Jun 20082,669131.3313.03$34,784
May 20083,461123.1711.57$40,059
Apr 20083,644110.3110.45$38,098
Mar 20084,210101.909.66$40,686
Feb 20084,10092.538.77$35,959
Jan 20084,78790.388.21$39,281
Dec 20072,18188.337.30$15,926
Nov 20071,12491.677.29$8,196
Oct 200777882.856.92$5,385
Sep 200734375.846.24$2,142
Aug 20071,09169.066.39$6,969
Jul 200723370.906.39$1,488
Jun 200775962.007.55$5,729
May 200742258.747.85$3,311
Apr 200741759.617.81$3,255
Mar 200750456.927.30$3,680
Feb 20071,15955.108.22$9,522
Jan 200749850.306.73$3,350
Dec 200633356.656.92$2,304
Nov 200679154.207.62$6,025
Oct 200644554.906.01$2,676
Sep 200635760.085.04$1,798
Aug 200636968.717.34$2,708
Jul 200642969.376.34$2,721
Jun 200641966.286.38$2,675
May 200649366.016.42$3,168
Apr 200645864.397.36$3,371
Mar 200641256.707.08$2,918
Feb 200653157.597.75$4,116
Jan 200632960.598.93$2,939
Dec 200550454.9413.42$6,761
Nov 200597054.6910.59$10,271
Oct 200542158.3413.80$5,808
Sep 200545761.4512.08$5,520
Aug 200566161.519.80$6,476
Jul 200549655.697.84$3,890
Jun 200572552.337.38$5,351
May 200569645.226.65$4,629
Apr 200534449.207.36$2,532
Mar 200586950.377.15$6,218
Feb 20051,12045.226.31$7,069
Jan 2005443.166.32$25
Dec 200435139.866.75$2,370
Nov 200421845.286.33$1,380
Oct 200426649.706.52$1,733
Sep 200430343.245.28$1,601
Aug 200438642.375.55$2,143
Jul 200431338.286.08$1,904
Jun 200433836.106.43$2,174
May 200438637.486.49$2,507
Apr 200445134.475.86$2,642
Mar 200439634.365.53$2,190
Feb 200435332.455.51$1,945
Jan 200444232.036.30$2,784
Dec 200363430.266.30$3,995
Nov 200351928.804.60$2,385
Oct 200337628.174.76$1,790
Sep 200343926.314.75$2,085
Aug 200332129.765.13$1,647
Jul 200348129.415.17$2,487
Jun 200361628.565.98$3,686
May 200350626.595.97$3,022
Apr 200343126.675.41$2,331
Mar 200347431.146.10$2,890
Feb 200325733.487.93$2,037
Jan 20033,79430.315.58$21,178
Dec 200234526.914.85$1,675
Nov 200293524.664.14$3,868
Oct 20021,72526.464.23$7,295
Sep 200242727.443.64$1,552
Aug 200242325.963.16$1,338
Jul 200236224.583.06$1,108
Jun 200242323.733.34$1,412
May 200236124.663.58$1,294
Apr 200243323.653.51$1,521
Mar 200242822.003.10$1,328
Feb 200245318.222.38$1,076
Jan 200256817.172.38$1,349
Dec 200175916.932.36$1,795
Nov 200155218.072.41$1,328
Oct 200142819.782.53$1,082
Sep 200156024.262.25$1,261
Aug 200156624.873.05$1,728
Jul 200171723.933.20$2,292
Jun 200187224.563.82$3,335
May 20012225.524.31$95
Apr 2001024.685.34$0
Mar 2001024.545.38$0
Feb 2001027.755.77$0
Jan 200131127.478.40$2,612
Dec 20009726.889.12$885
Nov 200043332.215.66$2,450
Oct 200041131.235.15$2,115
Sep 200078531.875.19$4,071
Aug 200093129.644.54$4,227
Jul 200083228.534.09$3,403
Jun 200084429.304.40$3,711
May 20001,14827.263.68$4,224
Apr 20001,09024.513.12$3,396
Mar 20001,15628.422.86$3,306
Feb 200069227.622.73$1,887
Jan 200076925.272.48$1,908
Dec 199993524.282.42$2,266
Nov 199969323.192.43$1,687
Oct 199999920.982.80$2,801
Sep 199985321.752.62$2,234
Aug 19991,06319.262.88$3,057
Jul 19991,76017.892.37$4,175
Jun 19991,60915.942.36$3,801
May 19992,19115.792.32$5,085
Apr 19991,49015.102.21$3,290
Mar 199934712.471.84$638
Feb 19995909.981.82$1,073
Jan 199966210.381.90$1,258
Dec 19982339.201.77$413
Nov 199832710.892.19$715
Oct 199850512.421.97$994
Sep 199833112.592.08$689
Aug 199839111.301.91$746
Jul 199830711.742.24$687
Jun 199853811.242.24$1,204
May 199826312.622.21$580
Apr 199868413.042.51$1,714
Mar 199854112.802.31$1,249
Feb 1998013.952.30$0
Jan 199812314.702.15$265
Dec 19971,57716.322.41$3,802
Nov 19971,42418.193.09$4,398
Oct 19971,54119.253.15$4,854
Sep 19971,64417.742.95$4,858
Aug 19971,90717.862.55$4,872
Jul 19972,02417.582.25$4,548
Jun 19971,86317.242.26$4,205
May 19971,62118.972.31$3,742
Apr 19971,82717.882.08$3,805
Mar 19971,09918.951.94$2,131
Feb 19971,37620.492.21$3,035
Jan 199793823.483.54$3,320
Dec 199698023.32$0
Nov 199633921.97$0
Oct 19961,77923.31$0
Sep 19961,91622.22$0
Aug 19961,49020.26$0
Jul 19961,58419.55$0
Jun 19961,26818.73$0
May 19961,49619.43$0
Apr 19961,57721.51$0
Mar 19961,97819.38$0
Feb 19961,12616.98$0
Jan 199634117.07$0
Dec 199544017.19$0
Nov 199551416.00$0
Oct 199573815.43$0
Sep 199587616.18$0
Aug 19951,87115.92$0
Jul 19952,18215.24$0
Jun 19951,08516.41$0
May 19951,25017.56$0
Apr 19951,72817.73$0
Mar 19952,52416.44$0
Feb 199565916.58$0
Jan 199562815.92$0
Dec 19941,39215.03$0
Nov 19941,91415.90$0
Oct 19942,14715.58$0
Sep 19942,63815.29$0
Aug 19942,14716.13$0
Jul 19942,27617.56$0
Jun 19942,15917.09$0
May 19944,20015.88$0
Apr 19942,13914.14$0
Mar 19941,55612.46$0
Feb 199454412.50$0
Jan 199459712.66$0
Dec 199389812.33$0
Nov 199376114.49$0
Oct 199375115.85$0
Sep 199375815.03$0
Aug 199366515.66$0
Jul 199347115.46$0
Jun 199366316.79$0
May 199389317.68$0
Apr 199391218.05$0
Mar 199357418.14$0
Feb 199377117.90$0
Jan 199396116.93$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.

Aug 2010 — as filed, then multipliedworked
Gas                   43 Mcf  × $  4.42 =       $190

────────────────────────────────────────────────────
Month total                                     $190

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/85695 is the state's own key, not one this site invented.