SETTLES -B-

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

Oil lease lease 2732District 08Field 42971001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.1 M
Jan 1993 – Jun 2012
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
234
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 285 leases and 3,948 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
400 ft
minimum
From a lease line
200 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2008-07-28.

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: HOWARD GLASSCOCK (CONSOLIDATED), EFFECTIVE 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
OilDisposition76,312 bbl$2,101,794
Casinghead gasProduction2,836 Mcf$19,956
Total$2,121,750

163 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 (12)

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 32.0938, -101.3736. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.09387, -101.37376 · 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%
12 of 12 wells
With a plug date
58.3%
7 of 12 wells
Median depth
2,675 ft
12 wells filed one
Completion to plug
12.3 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
12100.0%
A plug date is filed
758.3%
BothOn the schedule and plugged. Neither fact cancels the other.
758.3%
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

Total depth in feet, 12 of 12 wells. Median 2,675 ft, with the middle half between 2,409 and 3,100 ft; the shallowest is 1,900 ft and the deepest 3,100 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 10 of 12 wells, Sep 1982 – Apr 2019. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 1982 – Apr 2019
10 of 12 wells; 2 filed none
Plug dates filed
Dec 1966 – Sep 2019
7 of 12 wells; 5 filed none

Last completion to plug: a median of 12.3 years across the 5 wells that filed both dates, with the middle half between 11.4 years and 14.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

12 wells

42-2270006812,943 ftDec 1966Yes
42-2270154142,579 ftOct 1985Yes
42-2273514112L3,100 ftApr 2019Sep 2019Yes
42-2273514211L3,100 ftMar 2017Yes
42-2270007532,675 ftMay 2008Yes
42-2273514613L3,100 ftJun 2001Yes
42-2273218052,675 ftSep 1997Feb 2009Yes
42-22735143143,100 ftApr 1997Yes
42-2273386781,900 ftOct 1985Yes
42-2273386310W1,900 ftOct 1985Jan 1998Yes
42-2273337471,900 ftApr 1984Aug 2012Yes
42-227328136W2,600 ftSep 1982Jun 1997Yes

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 (234)

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

234 months

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 201135195.723.31$3,354
Oct 201132184.983.65$2,723
Sep 201162183.623.99$5,188
Aug 201152183.404.15$4,341
Jul 201197194.144.52$9,136
Jun 2011109192.904.64$10,131
May 201197198.134.40$9,523
Apr 2011441105.964.33$4,667
Mar 2011101196.364.06$9,736
Feb 2011154185.644.18$13,193
Jan 2011249186.504.59$21,543
Dec 2010218185.734.35$18,693
Nov 2010147180.843.80$11,887
Oct 2010127178.103.51$9,922
Sep 2010156172.633.98$11,334
Aug 2010136173.684.42$10,025
Jul 2010128172.554.74$9,291
Jun 2010130170.364.91$9,152
May 2010155171.124.24$11,028
Apr 2010138181.694.12$11,277
Mar 201051178.394.39$4,002
Feb 201013173.585.44$962
Jan 2010153174.365.96$11,383
Dec 2009165171.445.48$11,793
Nov 2009159174.593.75$11,864
Oct 2009162172.544.11$11,756
Sep 2009151165.543.06$9,900
Aug 2009155167.423.22$10,453
Jul 2009105161.133.46$6,422
Jun 20094066.163.90$265
May 2009112154.743.93$6,135
Apr 2009164146.773.59$7,674
Mar 2009186142.144.06$7,842
Feb 2009146132.814.63$4,795
Jan 2009157135.865.37$5,635
Dec 2008178137.105.98$6,610
Nov 2008151155.496.86$8,386
Oct 200841175.246.92$3,092
Sep 20081581101.767.88$16,086
Aug 20082321114.228.48$26,508
Jul 20083701131.0811.39$48,511
Jun 20084021131.3313.03$52,808
May 20082971123.1711.57$36,593
Apr 2008901110.3110.45$9,938
Mar 2008650101.909.66$6,624
Feb 2008131192.538.77$12,130
Jan 2008152190.388.21$13,746
Dec 20072099388.337.30$19,140
Nov 20072139091.677.29$20,182
Oct 20072409382.856.92$20,528
Sep 20072319075.846.24$18,081
Aug 20071819369.066.39$13,094
Jul 20071269370.906.39$9,527
Jun 20072239062.007.55$14,505
May 20071249358.747.85$8,013
Apr 20071539059.617.81$9,823
Mar 20072359356.927.30$14,055
Feb 20071705655.108.22$9,827
Jan 20071033150.306.73$5,389
Dec 2006403156.656.92$2,480
Nov 2006393054.207.62$2,342
Oct 2006433154.906.01$2,547
Sep 2006463060.085.04$2,915
Aug 2006433168.717.34$3,182
Jul 2006483069.376.34$3,520
Jun 2006423066.286.38$2,975
May 2006573166.016.42$3,962
Apr 20061313064.397.36$8,656
Mar 20062133956.707.08$12,353
Feb 20061285657.597.75$7,806
Jan 20061466260.598.93$9,400
Dec 20051666254.9413.42$9,952
Nov 20051556054.6910.59$9,112
Oct 20051646258.3413.80$10,423
Sep 20051506061.4512.08$9,942
Aug 20051476261.519.80$9,649
Jul 20051706255.697.84$9,954
Jun 20051375952.337.38$7,605
May 20051566245.226.65$7,467
Apr 20051546049.207.36$8,018
Mar 20051577350.377.15$8,430
Feb 20051365045.226.31$6,466
Jan 20051595643.166.32$7,216
Dec 20042069639.866.75$8,859
Nov 20041979345.286.33$9,509
Oct 20042289349.706.52$11,938
Sep 20041689643.245.28$7,772
Aug 20041798642.375.55$8,062
Jul 2004219038.286.08$8,383
Jun 2004223036.106.43$8,050
May 2004238037.486.49$8,920
Apr 2004224034.475.86$7,721
Mar 2004192034.365.53$6,597
Feb 2004191032.455.51$6,198
Jan 2004197032.036.30$6,310
Dec 2003193030.266.30$5,840
Nov 2003205028.804.60$5,904
Oct 2003252028.174.76$7,099
Sep 2003202026.314.75$5,315
Aug 2003210029.765.13$6,250
Jul 2003217029.415.17$6,382
Jun 2003223028.565.98$6,369
May 2003212026.595.97$5,637
Apr 2003234026.675.41$6,241
Mar 2003259031.146.10$8,065
Feb 2003248033.487.93$8,303
Jan 2003252030.315.58$7,638
Dec 2002260026.914.85$6,997
Nov 2002287024.664.14$7,077
Oct 2002299026.464.23$7,912
Sep 2002272027.443.64$7,464
Aug 2002243025.963.16$6,308
Jul 2002252024.583.06$6,194
Jun 2002232023.733.34$5,505
May 2002238024.663.58$5,869
Apr 2002280023.653.51$6,622
Mar 2002301022.003.10$6,622
Feb 2002263018.222.38$4,792
Jan 2002281017.172.38$4,825
Dec 2001259016.932.36$4,385
Nov 2001289018.072.41$5,222
Oct 2001320019.782.53$6,330
Sep 2001355024.262.25$8,612
Aug 2001324024.873.05$8,058
Jul 2001376023.933.20$8,998
Jun 2001263024.563.82$6,459
May 2001379025.524.31$9,672
Apr 2001385024.685.34$9,502
Mar 2001347024.545.38$8,515
Feb 2001334027.755.77$9,269
Jan 2001358027.478.40$9,834
Dec 2000426026.889.12$11,451
Nov 2000327032.215.66$10,533
Oct 2000383031.235.15$11,961
Sep 2000427031.875.19$13,608
Aug 2000406029.644.54$12,034
Jul 2000471028.534.09$13,438
Jun 2000400029.304.40$11,720
May 2000424027.263.68$11,558
Apr 2000437024.513.12$10,711
Mar 2000512028.422.86$14,551
Feb 2000414027.622.73$11,435
Jan 2000490025.272.48$12,382
Dec 1999513024.282.42$12,456
Nov 1999572023.192.43$13,265
Oct 1999646020.982.80$13,553
Sep 1999595021.752.62$12,941
Aug 1999500019.262.88$9,630
Jul 1999463017.892.37$8,283
Jun 1999501015.942.36$7,986
May 1999673015.792.32$10,627
Apr 1999577015.102.21$8,713
Mar 1999584012.471.84$7,282
Feb 199956909.981.82$5,679
Jan 1999509010.381.90$5,283
Dec 199865409.201.77$6,017
Nov 1998719010.892.19$7,830
Oct 1998771012.421.97$9,576
Sep 1998565012.592.08$7,113
Aug 1998701011.301.91$7,921
Jul 1998862011.742.24$10,120
Jun 1998881011.242.24$9,902
May 19981,164012.622.21$14,690
Apr 19981,125013.042.51$14,670
Mar 19981,104012.802.31$14,131
Feb 1998959013.952.30$13,378
Jan 19981,224014.702.15$17,993
Dec 19971,169016.322.41$19,078
Nov 19971,277018.193.09$23,229
Oct 19971,445019.253.15$27,816
Sep 19971,423017.742.95$25,244
Aug 19971,146017.862.55$20,468
Jul 1997508017.582.25$8,931
Jun 1997364017.242.26$6,275
May 1997128018.972.31$2,428
Apr 1997445017.882.08$7,957
Mar 1997344018.951.94$6,519
Feb 1997297020.492.21$6,086
Jan 1997186023.483.54$4,367
Dec 1996181023.32$4,221
Nov 1996262021.97$5,756
Oct 1996167023.31$3,893
Sep 1996237022.22$5,266
Aug 1996158020.26$3,201
Jul 1996159019.55$3,108
Jun 1996229018.73$4,289
May 1996163019.43$3,167
Apr 1996291021.51$6,259
Mar 1996264019.38$5,116
Feb 1996134016.98$2,275
Jan 1996181017.07$3,090
Dec 1995337017.19$5,793
Nov 1995399016.00$6,384
Oct 1995667015.43$10,292
Sep 1995659016.18$10,663
Aug 1995411015.92$6,543
Jul 1995569015.24$8,672
Jun 1995633016.41$10,388
May 1995646017.56$11,344
Apr 1995425017.73$7,535
Mar 1995619016.44$10,176
Feb 1995437016.58$7,245
Jan 1995613015.92$9,759
Dec 1994616015.03$9,258
Nov 1994368015.90$5,851
Oct 1994540015.58$8,413
Sep 1994386415.29$5,902
Aug 1994736416.13$11,872
Jul 1994425417.56$7,463
Jun 1994414417.09$7,075
May 1994572415.88$9,083
Apr 1994592414.14$8,371
Mar 1994646412.46$8,049
Feb 1994700412.50$8,750
Jan 1994505412.66$6,393
Dec 1993479412.33$5,906
Nov 1993450414.49$6,521
Oct 1993577415.85$9,145
Sep 1993670415.03$10,070
Aug 1993424415.66$6,640
Jul 1993547415.46$8,457
Jun 1993279416.79$4,684
May 19936221917.68$10,997
Apr 19936142018.05$11,083
Mar 19932672018.14$4,843
Feb 19933941917.90$7,053
Jan 19934502116.93$7,619

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                   35 bbl  × $ 95.72 =     $3,350
Casinghead gas         1 Mcf  × $  3.31 =         $3

────────────────────────────────────────────────────
Month total                                   $3,354

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/2732 is the state's own key, not one this site invented.