SETTLES -D-

Operated by SHERIDAN PRODUCTION COMPANY, LLC (P-5 775854) in the HOWARD-GLASSCOCK (GLORIETA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18985District 08Field 42971332Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$8.3 M
Jan 1993 – Aug 2012
Value, last 12 filed months
$244 k
at the published price for each month
Months reported
236
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 131 leases and 850 wells, and the rule below applies to all of them.

Discovered
1925-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: 11/22/11.

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
OilDisposition190,819 bbl$8,338,890
Casinghead gasProduction1,440 Mcf$10,408
Total$8,349,298

37 Mcf of this lease's gas, across 21 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 (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 32.0916, -101.3733. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.09163, -101.37327 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
3,031 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
2100.0%
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.
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 3,031 ft.

Completions filed
Dec 2021
1 of 2 wells; 1 filed none

2 wells

42-227043681Yes
42-22732160103,031 ftDec 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 (236)

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

236 months

Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20111,290095.723.31$123,479
Oct 2011556084.983.65$47,249
Sep 2011877083.623.99$73,335
Aug 2011908183.404.15$75,731
Jul 2011955194.144.52$89,908
Jun 2011903192.904.64$83,893
May 2011917198.134.40$89,990
Apr 20115171105.964.33$54,786
Mar 2011946196.364.06$91,161
Feb 2011401185.644.18$34,346
Jan 2011354186.504.59$30,626
Dec 2010320185.734.35$27,438
Nov 2010771180.843.80$62,331
Oct 2010800178.103.51$62,484
Sep 2010749172.633.98$54,404
Aug 2010822173.684.42$60,569
Jul 2010861172.554.74$62,470
Jun 2010888170.364.91$62,485
May 2010881171.124.24$62,661
Apr 2010954181.694.12$77,936
Mar 2010980178.394.39$76,827
Feb 2010864173.585.44$63,579
Jan 2010899174.365.96$66,856
Dec 2009991171.445.48$70,803
Nov 2009954174.593.75$71,163
Oct 2009974172.544.11$70,658
Sep 2009905165.543.06$59,317
Aug 2009934167.423.22$62,974
Jul 2009920161.133.46$56,243
Jun 2009807166.163.90$53,395
May 2009995154.743.93$54,470
Apr 20091,006146.773.59$47,054
Mar 20091,055142.144.06$44,462
Feb 2009798132.814.63$26,187
Jan 2009613135.865.37$21,988
Dec 2008939137.105.98$34,843
Nov 2008973155.496.86$53,999
Oct 20081,125175.246.92$84,652
Sep 20081,0361101.767.88$105,431
Aug 20089841114.228.48$112,401
Jul 20081,1291131.0811.39$148,001
Jun 20089641131.3313.03$126,615
May 20081,1611123.1711.57$143,012
Apr 20081,0521110.3110.45$116,057
Mar 20081,1240101.909.66$114,536
Feb 20081,131192.538.77$104,660
Jan 20081,186190.388.21$107,199
Dec 20079713788.337.30$86,039
Nov 20071,0433691.677.29$95,874
Oct 20071,0693782.856.92$88,823
Sep 20079643675.846.24$73,335
Aug 20079993769.066.39$69,227
Jul 20079984070.906.39$71,014
Jun 20071,0214562.007.55$63,642
May 20071,0224658.747.85$60,393
Apr 20071,0473759.617.81$62,700
Mar 20071,0433656.927.30$59,630
Feb 20071,0673355.108.22$59,063
Jan 20071,1833650.306.73$59,747
Dec 20061,0893656.656.92$61,941
Nov 20061,2613554.207.62$68,613
Oct 20061,3323654.906.01$73,343
Sep 20061,1913560.085.04$71,732
Aug 20061,4803668.717.34$101,955
Jul 20061,3933569.376.34$96,854
Jun 20061,2893366.286.38$85,646
May 20061,3333666.016.42$88,223
Apr 20068332564.397.36$53,821
Mar 20061,4392056.707.08$81,733
Feb 20061,1112657.597.75$64,184
Jan 20061,2363160.598.93$75,166
Dec 20051,2703154.9413.42$70,190
Nov 20051,3823054.6910.59$75,899
Oct 20051,2463158.3413.80$73,119
Sep 20051,3333061.4512.08$82,275
Aug 20051,4013161.519.80$86,479
Jul 20051,4573155.697.84$81,383
Jun 20051,5173052.337.38$79,606
May 20051,4973145.226.65$67,901
Apr 20051,5433049.207.36$76,136
Mar 20051,4713650.377.15$74,352
Feb 20059082345.226.31$41,205
Jan 20057742843.166.32$33,583
Dec 20047983239.866.75$32,024
Nov 20047193145.286.33$32,753
Oct 20048463149.706.52$42,248
Sep 20047553243.245.28$32,815
Aug 20048113242.375.55$34,540
Jul 2004724038.286.08$27,715
Jun 2004840036.106.43$30,324
May 2004682037.486.49$25,561
Apr 2004800034.475.86$27,576
Mar 2004910034.365.53$31,268
Feb 2004721032.455.51$23,396
Jan 2004986032.036.30$31,582
Dec 2003976030.266.30$29,534
Nov 2003840028.804.60$24,192
Oct 2003889028.174.76$25,043
Sep 2003843026.314.75$22,179
Aug 2003861029.765.13$25,623
Jul 2003823029.415.17$24,204
Jun 2003849028.565.98$24,247
May 2003857026.595.97$22,788
Apr 2003799026.675.41$21,309
Mar 2003835031.146.10$26,002
Feb 2003840033.487.93$28,123
Jan 2003958030.315.58$29,037
Dec 20021,074026.914.85$28,901
Nov 20021,030024.664.14$25,400
Oct 2002915026.464.23$24,211
Sep 2002550027.443.64$15,092
Aug 2002655025.963.16$17,004
Jul 2002383024.583.06$9,414
Jun 200223023.733.34$546
May 2002371024.663.58$9,149
Apr 2002688023.653.51$16,271
Mar 2002785022.003.10$17,270
Feb 2002691018.222.38$12,590
Jan 2002675017.172.38$11,590
Dec 2001627016.932.36$10,615
Nov 2001531018.072.41$9,595
Oct 2001567019.782.53$11,215
Sep 2001543024.262.25$13,173
Aug 2001376024.873.05$9,351
Jul 2001773023.933.20$18,498
Jun 2001674024.563.82$16,553
May 2001694025.524.31$17,711
Apr 2001704024.685.34$17,375
Mar 2001713024.545.38$17,497
Feb 2001698027.755.77$19,370
Jan 2001759027.478.40$20,850
Dec 2000687026.889.12$18,467
Nov 2000682032.215.66$21,967
Oct 2000726031.235.15$22,673
Sep 2000663031.875.19$21,130
Aug 2000745029.644.54$22,082
Jul 2000662028.534.09$18,887
Jun 2000587029.304.40$17,199
May 2000608027.263.68$16,574
Apr 2000598024.513.12$14,657
Mar 2000563028.422.86$16,000
Feb 2000568027.622.73$15,688
Jan 2000699025.272.48$17,664
Dec 1999563024.282.42$13,670
Nov 1999541023.192.43$12,546
Oct 1999613020.982.80$12,861
Sep 1999669021.752.62$14,551
Aug 1999912019.262.88$17,565
Jul 19991,091017.892.37$19,518
Jun 19991,040015.942.36$16,578
May 1999867015.792.32$13,690
Apr 1999673015.102.21$10,162
Mar 1999709012.471.84$8,841
Feb 199958609.981.82$5,848
Jan 1999617010.381.90$6,404
Dec 199863409.201.77$5,833
Nov 1998556010.892.19$6,055
Oct 1998452012.421.97$5,614
Sep 1998485012.592.08$6,106
Aug 1998807011.301.91$9,119
Jul 1998720011.742.24$8,453
Jun 1998566011.242.24$6,362
May 1998627012.622.21$7,913
Apr 1998490013.042.51$6,390
Mar 1998560012.802.31$7,168
Feb 1998741013.952.30$10,337
Jan 1998966014.702.15$14,200
Dec 19971,072016.322.41$17,495
Nov 1997983018.193.09$17,881
Oct 1997932019.253.15$17,941
Sep 19971,034017.742.95$18,343
Aug 1997938017.862.55$16,753
Jul 19971,014017.582.25$17,826
Jun 1997827017.242.26$14,257
May 19971,065018.972.31$20,203
Apr 1997999017.882.08$17,862
Mar 1997969018.951.94$18,363
Feb 19971,012020.492.21$20,736
Jan 1997578023.483.54$13,571
Dec 1996600023.32$13,992
Nov 1996926021.97$20,344
Oct 1996804023.31$18,741
Sep 19961,065022.22$23,664
Aug 1996932020.26$18,882
Jul 19961,065019.55$20,821
Jun 1996923018.73$17,288
May 1996916019.43$17,798
Apr 1996997021.51$21,445
Mar 1996872019.38$16,899
Feb 1996983016.98$16,691
Jan 1996810017.07$13,827
Dec 1995747017.19$12,841
Nov 1995612016.00$9,792
Oct 1995579015.43$8,934
Sep 1995529016.18$8,559
Aug 1995612015.92$9,743
Jul 1995552015.24$8,412
Jun 1995661016.41$10,847
May 1995638017.56$11,203
Apr 1995521017.73$9,237
Mar 1995894016.44$14,697
Feb 1995882016.58$14,624
Jan 1995940015.92$14,965
Dec 1994882015.03$13,256
Nov 1994934015.90$14,851
Oct 1994871015.58$13,570
Sep 1994710215.29$10,856
Aug 1994872216.13$14,065
Jul 1994732217.56$12,854
Jun 1994920217.09$15,723
May 1994757215.88$12,021
Apr 1994829214.14$11,722
Mar 1994847212.46$10,554
Feb 1994821212.50$10,263
Jan 1994894212.66$11,318
Dec 1993714212.33$8,804
Nov 1993509214.49$7,375
Oct 1993904215.85$14,328
Sep 1993454215.03$6,824
Aug 1993422215.66$6,609
Jul 1993305215.46$4,715
Jun 1993197216.79$3,308
May 1993389117.68$6,878
Apr 1993272118.05$4,910
Mar 1993318118.14$5,769
Feb 1993387117.90$6,927
Jan 1993280116.93$4,740

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.

Nov 2011 — as filed, then multipliedworked
Oil                1,290 bbl  × $ 95.72 =   $123,479
Casinghead gas         0 Mcf  × $  3.31 =         $0

────────────────────────────────────────────────────
Month total                                 $123,479

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. 08/O/18985 is the state's own key, not one this site invented.