SHARP

Operated by ROSE CITY RESOURCES, LLC (P-5 727892) in the WHELAN (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15848District 06Field 96789125OilCasinghead gasSaveExport
Value, all time
$27.5 M
Jul 2021 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
59
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 37 leases and 45 wells, and the rule below applies to all of them.

Discovered
1960-02-21
as the register files it
Field class
Oil
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 80 acres. The field rule took effect on 2017-08-01.

The Commission's schedule remark for this field reads: GAS PRODUCTION

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
OilDisposition324,294 bbl$26,430,044
Casinghead gasProduction232,575 Mcf$1,048,951
Total$27,478,995

Wells on this lease (2)

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 32.7353, -94.5999. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.73527, -94.59994 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,313 ft
2 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.
2100.0%

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

Between 7,227 and 7,399 ft, median 7,313 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2021 – Aug 2021
2 of 2 wells

2 wells

42-315310711H7,399 ftAug 2021
42-315310722H7,227 ftJul 2021

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 (59)

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

59 months

May 20262,428941106.413.05$261,230
Apr 20262,7391,27098.932.87$274,614
Mar 20262,0361,97489.753.15$188,948
Feb 20262,4022,18663.503.75$160,725
Jan 20262,1812,03859.138.00$145,262
Dec 20252,2112,42356.664.41$135,969
Nov 20252,3252,01458.593.93$144,130
Oct 20252,4691,24159.383.30$150,711
Sep 20252,4382,15062.743.08$159,576
Aug 20252,2361,14163.933.01$146,387
Jul 20252,828066.743.32$188,741
Jun 20252,7411,16166.483.13$185,854
May 20252,5232,36160.553.23$160,399
Apr 20252,5523,24662.363.54$170,644
Mar 20252,6853,46967.704.27$196,581
Feb 20252,2252,52170.884.34$168,651
Jan 20251,6912,34474.324.28$135,704
Dec 20243,2924,46568.993.12$241,052
Nov 20242,5704,50769.052.20$187,367
Oct 20242,5753,19371.372.28$191,062
Sep 20242,70382969.612.36$190,116
Aug 20242,37874675.632.06$181,388
Jul 20243,08091179.932.15$248,140
Jun 20242,423078.082.63$189,188
May 20243,1231,34478.812.20$249,078
Apr 20242,77637084.451.66$235,047
Mar 20244,5881,63380.301.55$370,940
Feb 20243,0532,45876.091.78$236,687
Jan 20243,0342,67573.023.30$230,364
Dec 20233,6923,09771.262.61$271,177
Nov 20232,9353,23777.892.81$237,695
Oct 20233,5013,44885.443.09$309,770
Sep 20233,8053,34289.042.74$347,938
Aug 20234,7793,86780.522.67$395,141
Jul 20234,2803,07674.852.64$328,484
Jun 20233,9303,07268.962.26$277,951
May 20234,7553,45670.622.23$343,496
Apr 20234,7994,01178.122.24$383,874
Mar 20235,0344,61872.852.39$377,779
Feb 20235,0634,59475.112.47$391,609
Jan 20235,1315,19676.533.39$410,278
Dec 20224,5003,15476.415.73$361,915
Nov 20225,8122,66085.005.65$509,039
Oct 20226,3464,10987.185.86$577,338
Sep 20226,5872,99284.888.16$583,530
Aug 20227,2583,92594.529.13$721,850
Jul 20227,9344,760101.587.54$841,836
Jun 20228,4040115.097.98$967,216
May 20229,6988,317109.378.43$1,130,808
Apr 20229,88610,599104.226.84$1,102,791
Mar 202212,18411,957108.885.08$1,387,292
Feb 202211,98710,57091.054.86$1,142,774
Jan 202215,48513,79881.844.54$1,329,903
Dec 202118,89016,37671.323.90$1,411,087
Nov 202123,03817,34977.435.24$1,874,686
Oct 202125,93515,94579.795.71$2,160,461
Sep 202118,0795,43969.865.35$1,292,103
Aug 20213,581066.024.22$236,418
Jul 2021681070.783.98$48,201

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                2,428 bbl  × $106.41 =   $258,363
Casinghead gas       941 Mcf  × $  3.05 =     $2,866

────────────────────────────────────────────────────
Month total                                 $261,230

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/15848 is the state's own key, not one this site invented.