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SHUBERT

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the GIRLIE CALDWELL (GOODLAND LM) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15841District 06Field 35060500OilCasinghead gasSave
Value, all time
$18.3 M
Oct 2021 – May 2026
Value, last 12 filed months
$122 k
at the published price for each month
Months reported
56
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition211,372 bbl$17,955,832
Casinghead gasProduction95,871 Mcf$391,809
Total$18,347,642

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 32.2147, -95.4069. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21472, -95.40694 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,240 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
00.0%
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.
1100.0%

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 9,240 ft.

Completions filed
Mar 2026
1 of 1 wells

1 well

42-423324461H9,240 ftMar 2026——

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 (56)

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

56 months

May 2026212257106.413.05$23,342
Apr 2026587898.932.87$5,962
Mar 20268717589.753.15$8,359
Feb 2026511663.503.75$3,299
Jan 202620059.138.00$1,183
Dec 202529746756.664.41$18,889
Nov 202565229658.593.93$39,363
Oct 20251071859.383.30$6,413
Sep 2025512962.743.08$3,289
Aug 2025101063.933.01$6,457
Jul 20250366.743.32$10
Jun 202588066.483.13$5,850
May 202593625160.553.23$57,486
Apr 20251,30225262.363.54$82,086
Mar 20252,00944067.704.27$137,887
Feb 20252,2051,19670.884.34$161,482
Jan 20252,33884974.324.28$177,393
Dec 20242,42882468.993.12$170,080
Nov 20242,1881,03369.052.20$153,352
Oct 20242,3562,73471.372.28$174,385
Sep 20242,5732,73669.612.36$185,575
Aug 20242,6611,40875.632.06$204,157
Jul 20242,4011,41979.932.15$194,958
Jun 20242,6371,27878.082.63$209,263
May 20242,4321,58078.812.20$195,139
Apr 20243,1562,43984.451.66$270,571
Mar 20242,9802,21780.301.55$242,720
Feb 20243,3052,79076.091.78$256,454
Jan 20242,9411,81573.023.30$220,737
Dec 20233,2373,39071.262.61$239,519
Nov 20233,0131,97977.892.81$240,239
Oct 20233,8353,57785.443.09$338,706
Sep 20233,3452,87389.042.74$305,697
Aug 20233,8433,35180.522.67$318,395
Jul 20234,4572,29574.852.64$339,669
Jun 20233,9692,69468.962.26$279,787
May 20234,2132,50770.622.23$303,106
Apr 20234,7062,75278.122.24$373,791
Mar 20235,7343,40572.852.39$425,871
Feb 20235,9782,82275.112.47$455,966
Jan 20236,2162,25476.533.39$483,346
Dec 20224,4591,49276.415.73$349,260
Nov 20227,2393,60385.005.65$635,658
Oct 20227,7562,74687.185.86$692,270
Sep 20227,4082,21184.888.16$646,841
Aug 20228,9072,69894.529.13$866,515
Jul 20229,7683,290101.587.54$1,017,047
Jun 202210,1023,364115.097.98$1,189,474
May 202211,9783,783109.378.43$1,341,936
Apr 202211,7944,519104.226.84$1,260,070
Mar 20221,660209108.885.08$181,802
Feb 20227,7461,63891.054.86$713,232
Jan 202212,3492,86981.844.54$1,023,661
Dec 202111,6532,19171.323.90$839,635
Nov 20213,43363877.435.24$269,158
Oct 2021212179.795.71$851

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.

May 2026 — as filed, then multipliedworked
Oil                  212 bbl  × $106.41 =    $22,559
Casinghead gas       257 Mcf  × $  3.05 =       $783

────────────────────────────────────────────────────
Month total                                  $23,342

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/15841 is the state's own key, not one this site invented.