VINCENT UNIT #1

Operated by SHELBY OPERATING COMPANY (P-5 773678) in the WASKOM (RODESSA 4800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12181District 06Field 95369624OilCasinghead gasSaveExport
Value, all time
$378 k
Jan 1993 – Oct 2007
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
178
no gaps in the span
Streams
2
oil, casinghead 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 16 leases and 23 wells, and the rule below applies to all of them.

Discovered
1960-11-02
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: ACRE. FACTOR CORRECTED 12/1/90

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
OilDisposition8,064 bbl$178,034
Casinghead gasProduction93,120 Mcf$199,673
Total$377,707

46,143 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 32.4385, -94.0678. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.43851, -94.06783 · 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
4,844 ft
1 wells filed one
Completion to plug
53.3 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 4,844 ft.

Completions filed
Apr 1954
1 of 1 wells
Plug dates filed
Aug 2007
1 of 1 wells

Last completion to plug: a median of 53.3 years across the 1 well that filed both dates, with the middle half between 53.3 years and 53.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2030150534,844 ftApr 1954Aug 2007Yes

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 (178)

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

178 months

Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007120059.617.81$7,153
Mar 20070056.927.30$0
Feb 20070155.108.22$8
Jan 20070950.306.73$61
Dec 20060456.656.92$28
Nov 20060454.207.62$30
Oct 200608754.906.01$523
Sep 200603160.085.04$156
Aug 200602368.717.34$169
Jul 20060769.376.34$44
Jun 20060766.286.38$45
May 200601966.016.42$122
Apr 20060064.397.36$0
Mar 200603456.707.08$241
Feb 200608857.597.75$682
Jan 2006013960.598.93$1,242
Dec 200507054.9413.42$939
Nov 2005013154.6910.59$1,387
Oct 2005013558.3413.80$1,862
Sep 2005014561.4512.08$1,751
Aug 2005017561.519.80$1,714
Jul 2005019555.697.84$1,530
Jun 2005020652.337.38$1,520
May 2005017745.226.65$1,177
Apr 2005019849.207.36$1,457
Mar 2005020550.377.15$1,467
Feb 2005016945.226.31$1,067
Jan 2005017743.166.32$1,119
Dec 2004032539.866.75$2,194
Nov 2004035545.286.33$2,247
Oct 2004066349.706.52$4,320
Sep 20041771,15443.245.28$13,751
Aug 200401,32042.375.55$7,327
Jul 200416584738.286.08$11,470
Jun 2004028436.106.43$1,827
May 2004032337.486.49$2,098
Apr 2004027534.475.86$1,611
Mar 2004033334.365.53$1,842
Feb 2004027232.455.51$1,499
Jan 200418132532.036.30$7,845
Dec 2003034830.266.30$2,193
Nov 2003036828.804.60$1,691
Oct 200317335228.174.76$6,549
Sep 2003037826.314.75$1,795
Aug 2003038629.765.13$1,980
Jul 200316934329.415.17$6,744
Jun 2003040128.565.98$2,399
May 200318047426.595.97$7,617
Apr 2003047226.675.41$2,552
Mar 2003045131.146.10$2,749
Feb 2003037233.487.93$2,948
Jan 200316944730.315.58$7,618
Dec 2002047126.914.85$2,286
Nov 200218144924.664.14$6,321
Oct 2002055526.464.23$2,347
Sep 2002055227.443.64$2,007
Aug 200216359825.963.16$6,124
Jul 2002061024.583.06$1,868
Jun 200218571923.733.34$6,790
May 2002071624.663.58$2,566
Apr 200218167223.653.51$6,641
Mar 200216863922.003.10$5,679
Feb 2002060918.222.38$1,447
Jan 2002067217.172.38$1,596
Dec 200118268516.932.36$4,701
Nov 200118376518.072.41$5,147
Oct 2001068919.782.53$1,742
Sep 200118271324.262.25$6,021
Aug 200118170624.873.05$6,657
Jul 200117271923.933.20$6,415
Jun 200117274124.563.82$7,058
May 2001068625.524.31$2,955
Apr 2001082224.685.34$4,386
Mar 2001080124.545.38$4,307
Feb 2001076627.755.77$4,418
Jan 2001082027.478.40$6,887
Dec 200017672626.889.12$11,354
Nov 2000065032.215.66$3,678
Oct 2000058631.235.15$3,015
Sep 200017527331.875.19$6,993
Aug 2000035129.644.54$1,594
Jul 2000020628.534.09$842
Jun 2000046429.304.40$2,040
May 2000035827.263.68$1,317
Apr 2000025224.513.12$785
Mar 2000018628.422.86$532
Feb 200018726827.622.73$5,896
Jan 2000043925.272.48$1,089
Dec 1999042824.282.42$1,037
Nov 1999040123.192.43$976
Oct 1999045020.982.80$1,262
Sep 1999039121.752.62$1,024
Aug 1999044619.262.88$1,283
Jul 1999033217.892.37$788
Jun 1999027015.942.36$638
May 199917827915.792.32$3,458
Apr 1999028915.102.21$638
Mar 1999037812.471.84$695
Feb 199903609.981.82$654
Jan 1999045110.381.90$857
Dec 199804719.201.77$835
Nov 1998048910.892.19$1,069
Oct 1998049612.421.97$977
Sep 1998042912.592.08$893
Aug 199815139511.301.91$2,460
Jul 1998031111.742.24$696
Jun 1998041811.242.24$935
May 1998035312.622.21$779
Apr 199811126413.042.51$2,109
Mar 1998023812.802.31$550
Feb 199816822413.952.30$2,859
Jan 1998024314.702.15$524
Dec 1997025716.322.41$620
Nov 1997026618.193.09$821
Oct 199717431019.253.15$4,326
Sep 1997023217.742.95$686
Aug 1997039517.862.55$1,009
Jul 199716534017.582.25$3,665
Jun 1997040417.242.26$912
May 1997035918.972.31$829
Apr 1997025717.882.08$535
Mar 199716029118.951.94$3,596
Feb 1997017320.492.21$382
Jan 1997024923.483.54$881
Dec 1996043623.32$0
Nov 1996049321.97$0
Oct 199618052323.31$4,196
Sep 1996056522.22$0
Aug 1996055820.26$0
Jul 199617260519.55$3,363
Jun 1996060018.73$0
May 1996063819.43$0
Apr 1996063621.51$0
Mar 199617873919.38$3,450
Feb 1996064616.98$0
Jan 1996088517.07$0
Dec 19951741,23417.19$2,991
Nov 19951801,31416.00$2,880
Oct 199502,15815.43$0
Sep 199502,42816.18$0
Aug 19951792,55015.92$2,850
Jul 199502,28415.24$0
Jun 19951772,69316.41$2,905
May 199502,71817.56$0
Apr 19951792,39517.73$3,174
Mar 199502,13216.44$0
Feb 19951801,80216.58$2,984
Jan 19951781,71415.92$2,834
Dec 199401,71215.03$0
Nov 199401,12015.90$0
Oct 19941781,54015.58$2,773
Sep 199401,32615.29$0
Aug 199401,25516.13$0
Jul 199417476617.56$3,055
Jun 199417281217.09$2,939
May 1994045615.88$0
Apr 199406814.14$0
Mar 199408812.46$0
Feb 1994010212.50$0
Jan 19941585112.66$2,000
Dec 1993020912.33$0
Nov 1993027914.49$0
Oct 199315629715.85$2,473
Sep 1993089215.03$0
Aug 1993056415.66$0
Jul 1993180115.46$2,783
Jun 19930116.79$0
May 199307417.68$0
Apr 199316655818.05$2,996
Mar 1993073218.14$0
Feb 1993043417.90$0
Jan 19931746016.93$2,946

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 2007 — as filed, then multipliedworked
Oil                  120 bbl  × $ 59.61 =     $7,153
Casinghead gas         0 Mcf  × $  7.81 =         $0

────────────────────────────────────────────────────
Month total                                   $7,153

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/O/12181 is the state's own key, not one this site invented.