SETTLES -D-

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 2734District 08Field 42971001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.7 M
Jan 1993 – Mar 2012
Value, last 12 filed months
$848
at the published price for each month
Months reported
231
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
OilDisposition175,424 bbl$4,681,851
Casinghead gasProduction7,852 Mcf$55,310
Total$4,737,161

382 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 (18)

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 32.0906, -101.3731. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.09095, -101.37302 · 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%
18 of 18 wells
With a plug date
55.6%
10 of 18 wells
Median depth
2,234 ft
18 wells filed one
Completion to plug
26.3 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
18100.0%
A plug date is filed
1055.6%
BothOn the schedule and plugged. Neither fact cancels the other.
1055.6%
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, 18 of 18 wells. Median 2,234 ft, with the middle half between 1,900 and 2,700 ft; the shallowest is 1,350 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, 13 of 18 wells, May 1980 – 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
May 1980 – Apr 2019
13 of 18 wells; 5 filed none
Plug dates filed
Mar 1984 – Apr 2019
10 of 18 wells; 8 filed none

Last completion to plug: a median of 26.3 years across the 5 wells that filed both dates, with the middle half between 13.8 years and 26.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

18 wells

42-2270007432,568 ftMay 1999Yes
42-2270424322,680 ftAug 2012Yes
42-227100457W1,418 ftMar 1984Yes
42-227100468W1,428 ftMar 1984Yes
42-2273085791,350 ftMar 1984Yes
42-2273514415L3,100 ftApr 2019Apr 2019Yes
42-2273514516L3,100 ftJul 1997Yes
42-227000732 S2,700 ftJul 1997Yes
42-2270154352,706 ftJun 1997Yes
42-227000701 S2,700 ftJun 1997Yes
42-2270154242,697 ftJun 1997Yes
42-22733373131,900 ftApr 1984Yes
42-2273336214W1,900 ftApr 1984Jan 1998Yes
42-227000835 S2,706 ftSep 1983Apr 2010Yes
42-22733261111,900 ftSep 1983Yes
42-22733113121,900 ftSep 1983Apr 2010Yes
42-227015456SQ1,900 ftSep 1983Yes
42-227000773 S1,890 ftMay 1980Aug 2006Yes

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 (231)

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

231 months

Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201180105.964.33$848
Mar 2011116196.364.06$11,182
Feb 2011183185.644.18$15,676
Jan 2011420186.504.59$36,335
Dec 2010646185.734.35$55,386
Nov 2010384180.843.80$31,046
Oct 2010269178.103.51$21,012
Sep 2010272172.633.98$19,759
Aug 2010298173.684.42$21,961
Jul 2010273172.554.74$19,811
Jun 2010160170.364.91$11,263
May 201088171.124.24$6,263
Apr 2010145181.694.12$11,849
Mar 2010149178.394.39$11,685
Feb 2010132173.585.44$9,718
Jan 2010169174.365.96$12,573
Dec 2009377171.445.48$26,938
Nov 2009374174.593.75$27,900
Oct 2009432172.544.11$31,341
Sep 2009389165.543.06$25,498
Aug 2009384167.423.22$25,893
Jul 2009412161.133.46$25,189
Jun 2009357166.163.90$23,623
May 2009393154.743.93$21,517
Apr 2009425146.773.59$19,881
Mar 2009419142.144.06$17,661
Feb 2009381132.814.63$12,505
Jan 2009388135.865.37$13,919
Dec 2008454137.105.98$16,849
Nov 2008190155.496.86$10,550
Oct 200884175.246.92$6,327
Sep 20081111101.767.88$11,303
Aug 20082491114.228.48$28,449
Jul 20082541131.0811.39$33,306
Jun 20081741131.3313.03$22,864
May 20083621123.1711.57$44,599
Apr 20083451110.3110.45$38,067
Mar 20083900101.909.66$39,741
Feb 2008442192.538.77$40,907
Jan 2008517190.388.21$46,735
Dec 200740318688.337.30$36,955
Nov 200725118091.677.29$24,322
Oct 200724518682.856.92$21,586
Sep 200742718075.846.24$33,508
Aug 200732918669.066.39$23,909
Jul 200739218670.906.39$28,981
Jun 200730918062.007.55$20,517
May 200733818658.747.85$21,314
Apr 200745218059.617.81$28,349
Mar 200739421756.927.30$24,011
Feb 200726919655.108.22$16,432
Jan 200734821750.306.73$18,964
Dec 200640521756.656.92$24,445
Nov 200640921054.207.62$23,767
Oct 200653621754.906.01$30,731
Sep 200651621060.085.04$32,059
Aug 200650921768.717.34$36,566
Jul 200658321069.376.34$41,775
Jun 200653521066.286.38$36,800
May 200657121766.016.42$39,086
Apr 200653821064.397.36$36,188
Mar 200666112056.707.08$38,329
Feb 200624317157.597.75$15,320
Jan 200630318660.598.93$20,020
Dec 200532215554.9413.42$19,770
Nov 200529715054.6910.59$17,831
Oct 200531915558.3413.80$20,749
Sep 200535115061.4512.08$23,381
Aug 200529815561.519.80$19,848
Jul 200533615555.697.84$19,928
Jun 200533915052.337.38$18,847
May 200536015545.226.65$17,310
Apr 200536815049.207.36$19,210
Mar 200542118350.377.15$22,515
Feb 200531412545.226.31$14,988
Jan 200536314043.166.32$16,552
Dec 200442018339.866.75$17,977
Nov 200438418445.286.33$18,552
Oct 200443018649.706.52$22,583
Sep 200446319243.245.28$21,035
Aug 200447118942.375.55$21,005
Jul 2004414038.286.08$15,848
Jun 2004362036.106.43$13,068
May 2004405037.486.49$15,179
Apr 2004452034.475.86$15,580
Mar 2004395034.365.53$13,572
Feb 2004451032.455.51$14,635
Jan 2004377032.036.30$12,075
Dec 2003271030.266.30$8,200
Nov 2003390028.804.60$11,232
Oct 2003386028.174.76$10,874
Sep 2003370026.314.75$9,735
Aug 2003461029.765.13$13,719
Jul 2003469029.415.17$13,793
Jun 2003457028.565.98$13,052
May 2003492026.595.97$13,082
Apr 2003496026.675.41$13,228
Mar 2003515031.146.10$16,037
Feb 2003449033.487.93$15,033
Jan 2003525030.315.58$15,913
Dec 2002450026.914.85$12,110
Nov 2002484024.664.14$11,935
Oct 2002657026.464.23$17,384
Sep 2002415027.443.64$11,388
Aug 2002487025.963.16$12,643
Jul 2002490024.583.06$12,044
Jun 2002426023.733.34$10,109
May 2002422024.663.58$10,407
Apr 2002407023.653.51$9,626
Mar 2002444022.003.10$9,768
Feb 2002396018.222.38$7,215
Jan 2002591017.172.38$10,147
Dec 2001731016.932.36$12,376
Nov 2001742018.072.41$13,408
Oct 2001794019.782.53$15,705
Sep 2001721024.262.25$17,491
Aug 2001743024.873.05$18,478
Jul 2001869023.933.20$20,795
Jun 2001803024.563.82$19,722
May 2001890025.524.31$22,713
Apr 2001988024.685.34$24,384
Mar 20011,002024.545.38$24,589
Feb 2001818027.755.77$22,700
Jan 2001883027.478.40$24,256
Dec 2000978026.889.12$26,289
Nov 2000989032.215.66$31,856
Oct 20001,200031.235.15$37,476
Sep 20001,205031.875.19$38,403
Aug 20001,325029.644.54$39,273
Jul 2000953028.534.09$27,189
Jun 20001,062029.304.40$31,117
May 20001,166027.263.68$31,785
Apr 20001,131024.513.12$27,721
Mar 20001,320028.422.86$37,514
Feb 20001,247027.622.73$34,442
Jan 20001,575025.272.48$39,800
Dec 19991,439024.282.42$34,939
Nov 19991,633023.192.43$37,869
Oct 19991,451020.982.80$30,442
Sep 19991,218021.752.62$26,492
Aug 19991,355019.262.88$26,097
Jul 1999509017.892.37$9,106
Jun 1999561015.942.36$8,942
May 1999659015.792.32$10,406
Apr 1999565015.102.21$8,532
Mar 1999721012.471.84$8,991
Feb 199977209.981.82$7,705
Jan 1999878010.381.90$9,114
Dec 19981,07909.201.77$9,927
Nov 19981,157010.892.19$12,600
Oct 19981,004012.421.97$12,470
Sep 1998996012.592.08$12,540
Aug 19981,405011.301.91$15,877
Jul 19981,556011.742.24$18,267
Jun 19981,468011.242.24$16,500
May 19981,433012.622.21$18,084
Apr 19981,400013.042.51$18,256
Mar 19981,104012.802.31$14,131
Feb 19981,248013.952.30$17,410
Jan 19981,328014.702.15$19,522
Dec 19971,217016.322.41$19,861
Nov 19971,434018.193.09$26,084
Oct 19971,486019.253.15$28,606
Sep 19971,383017.742.95$24,534
Aug 19971,169017.862.55$20,878
Jul 19971,142017.582.25$20,076
Jun 1997778017.242.26$13,413
May 19971,087018.972.31$20,620
Apr 1997913017.882.08$16,324
Mar 1997927018.951.94$17,567
Feb 19971,162020.492.21$23,809
Jan 1997799023.483.54$18,761
Dec 1996770023.32$17,956
Nov 1996976021.97$21,443
Oct 1996848023.31$19,767
Sep 19961,123022.22$24,953
Aug 1996982020.26$19,895
Jul 19961,121019.55$21,916
Jun 1996969018.73$18,149
May 19961,001019.43$19,449
Apr 19961,201021.51$25,834
Mar 19961,064019.38$20,620
Feb 19961,202016.98$20,410
Jan 19961,123017.07$19,170
Dec 19951,465017.19$25,183
Nov 19951,595016.00$25,520
Oct 19951,624015.43$25,058
Sep 19951,638016.18$26,503
Aug 19951,817015.92$28,927
Jul 19951,576015.24$24,018
Jun 19951,703016.41$27,946
May 19951,794017.56$31,503
Apr 19951,665017.73$29,520
Mar 19951,568016.44$25,778
Feb 19951,338016.58$22,184
Jan 19951,565015.92$24,915
Dec 19941,616015.03$24,288
Nov 19941,782015.90$28,334
Oct 19941,570015.58$24,461
Sep 19941,4641015.29$22,385
Aug 19941,8301016.13$29,518
Jul 19941,444917.56$25,357
Jun 19941,809917.09$30,916
May 19941,409915.88$22,375
Apr 19941,488914.14$21,040
Mar 19941,642912.46$20,459
Feb 19941,676912.50$20,950
Jan 19941,858912.66$23,522
Dec 19931,709912.33$21,072
Nov 19931,673914.49$24,242
Oct 19932,312915.85$36,645
Sep 19931,064915.03$15,992
Aug 19931,642915.66$25,714
Jul 19931,601915.46$24,751
Jun 19931,367916.79$22,952
May 19931,4994917.68$26,502
Apr 19931,0444418.05$18,844
Mar 19931,2754918.14$23,129
Feb 19931,2514417.90$22,393
Jan 19931,0575016.93$17,895

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 2011 — as filed, then multipliedworked
Oil                    8 bbl  × $105.96 =       $848
Casinghead gas         0 Mcf  × $  4.33 =         $0

────────────────────────────────────────────────────
Month total                                     $848

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/2734 is the state's own key, not one this site invented.