SETTLES -A- & -B-

Name: SETTLES -A- & -B- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 2816District 08Field 42971001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$6.1 M

Jan 1993 – Jun 2012

Value, last 12 filed months

$115 k

at the published price for each month

Months reported

234

no gaps in the span

Streams

oil, casinghead gas

The HOWARD GLASSCOCK field

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.

Stream	Basis	Volume	Value
Oil	Disposition	230,351 bbl	$6,088,928
Casinghead gas	Production	3,951 Mcf	$28,604
Total			$6,117,532

21 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 (4)

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 32.0946, -101.3756. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.09466, -101.37463 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

4 of 4 wells

With a plug date

25.0%

1 of 4 wells

Median depth

2,700 ft

3 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

125.0%

BothOn the schedule and plugged. Neither fact cancels the other.

125.0%

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

Between 1,380 and 2,751 ft, median 2,700 ft, over the 3 wells that filed a depth.

Completions filed

Jun 1958 – Feb 1992

2 of 4 wells; 2 filed none

Plug dates filed

Mar 1998

1 of 4 wells; 3 filed none

4 wells


42-22703099	1B	—	—	—	Yes
42-22710228	3D	1,380 ft	—	Mar 1998	Yes
42-22703108	2A	2,700 ft	Feb 1992	—	Yes
42-22704229	1A	2,751 ft	Jun 1958	—	Yes

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 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	332	1	95.72	3.31	$31,782
Oct 2011	190	1	84.98	3.65	$16,150
Sep 2011	271	1	83.62	3.99	$22,665
Aug 2011	245	1	83.40	4.15	$20,437
Jul 2011	257	1	94.14	4.52	$24,199
Jun 2011	268	1	92.90	4.64	$24,902
May 2011	276	1	98.13	4.40	$27,088
Apr 2011	133	1	105.96	4.33	$14,097
Mar 2011	282	1	96.36	4.06	$27,178
Feb 2011	389	1	85.64	4.18	$33,318
Jan 2011	532	1	86.50	4.59	$46,023
Dec 2010	381	1	85.73	4.35	$32,667
Nov 2010	249	1	80.84	3.80	$20,133
Oct 2010	229	1	78.10	3.51	$17,888
Sep 2010	272	1	72.63	3.98	$19,759
Aug 2010	300	1	73.68	4.42	$22,108
Jul 2010	299	1	72.55	4.74	$21,697
Jun 2010	344	1	70.36	4.91	$24,209
May 2010	280	1	71.12	4.24	$19,918
Apr 2010	347	1	81.69	4.12	$28,351
Mar 2010	356	1	78.39	4.39	$27,911
Feb 2010	313	1	73.58	5.44	$23,036
Jan 2010	292	1	74.36	5.96	$21,719
Dec 2009	303	1	71.44	5.48	$21,652
Nov 2009	290	1	74.59	3.75	$21,635
Oct 2009	298	1	72.54	4.11	$21,621
Sep 2009	277	1	65.54	3.06	$18,158
Aug 2009	298	1	67.42	3.22	$20,094
Jul 2009	333	1	61.13	3.46	$20,360
Jun 2009	284	1	66.16	3.90	$18,793
May 2009	322	1	54.74	3.93	$17,630
Apr 2009	307	1	46.77	3.59	$14,362
Mar 2009	323	1	42.14	4.06	$13,615
Feb 2009	301	1	32.81	4.63	$9,880
Jan 2009	344	1	35.86	5.37	$12,341
Dec 2008	384	1	37.10	5.98	$14,252
Nov 2008	351	1	55.49	6.86	$19,484
Oct 2008	411	1	75.24	6.92	$30,931
Sep 2008	393	1	101.76	7.88	$40,000
Aug 2008	493	1	114.22	8.48	$56,319
Jul 2008	398	1	131.08	11.39	$52,181
Jun 2008	386	1	131.33	13.03	$50,706
May 2008	487	1	123.17	11.57	$59,995
Apr 2008	46	1	110.31	10.45	$5,085
Mar 2008	76	0	101.90	9.66	$7,744
Feb 2008	302	1	92.53	8.77	$27,953
Jan 2008	286	1	90.38	8.21	$25,857
Dec 2007	452	93	88.33	7.30	$40,604
Nov 2007	451	90	91.67	7.29	$41,999
Oct 2007	561	93	82.85	6.92	$47,123
Sep 2007	482	90	75.84	6.24	$37,117
Aug 2007	529	93	69.06	6.39	$37,127
Jul 2007	511	93	70.90	6.39	$36,824
Jun 2007	401	90	62.00	7.55	$25,541
May 2007	424	93	58.74	7.85	$25,635
Apr 2007	485	90	59.61	7.81	$29,613
Mar 2007	452	93	56.92	7.30	$26,407
Feb 2007	442	84	55.10	8.22	$25,044
Jan 2007	511	93	50.30	6.73	$26,329
Dec 2006	596	93	56.65	6.92	$34,407
Nov 2006	495	90	54.20	7.62	$27,515
Oct 2006	510	93	54.90	6.01	$28,558
Sep 2006	493	90	60.08	5.04	$30,073
Aug 2006	569	93	68.71	7.34	$39,779
Jul 2006	586	90	69.37	6.34	$41,222
Jun 2006	539	90	66.28	6.38	$36,299
May 2006	548	93	66.01	6.42	$36,771
Apr 2006	497	90	64.39	7.36	$32,664
Mar 2006	517	58	56.70	7.08	$29,725
Feb 2006	368	72	57.59	7.75	$21,751
Jan 2006	579	93	60.59	8.93	$35,912
Dec 2005	550	93	54.94	13.42	$31,465
Nov 2005	526	90	54.69	10.59	$29,720
Oct 2005	515	93	58.34	13.80	$31,328
Sep 2005	530	90	61.45	12.08	$33,656
Aug 2005	529	93	61.51	9.80	$33,450
Jul 2005	522	93	55.69	7.84	$29,800
Jun 2005	514	91	52.33	7.38	$27,569
May 2005	533	93	45.22	6.65	$24,721
Apr 2005	542	90	49.20	7.36	$27,329
Mar 2005	606	111	50.37	7.15	$31,318
Feb 2005	539	77	45.22	6.31	$24,860
Jan 2005	599	86	43.16	6.32	$26,397
Dec 2004	609	91	39.86	6.75	$24,889
Nov 2004	499	93	45.28	6.33	$23,183
Oct 2004	586	93	49.70	6.52	$29,730
Sep 2004	541	88	43.24	5.28	$23,858
Aug 2004	563	96	42.37	5.55	$24,387
Jul 2004	568	0	38.28	6.08	$21,743
Jun 2004	501	0	36.10	6.43	$18,086
May 2004	516	0	37.48	6.49	$19,340
Apr 2004	521	0	34.47	5.86	$17,959
Mar 2004	465	0	34.36	5.53	$15,977
Feb 2004	564	0	32.45	5.51	$18,302
Jan 2004	613	0	32.03	6.30	$19,634
Dec 2003	659	0	30.26	6.30	$19,941
Nov 2003	689	0	28.80	4.60	$19,843
Oct 2003	666	0	28.17	4.76	$18,761
Sep 2003	613	0	26.31	4.75	$16,128
Aug 2003	652	0	29.76	5.13	$19,404
Jul 2003	672	0	29.41	5.17	$19,764
Jun 2003	672	0	28.56	5.98	$19,192
May 2003	681	0	26.59	5.97	$18,108
Apr 2003	684	0	26.67	5.41	$18,242
Mar 2003	675	0	31.14	6.10	$21,020
Feb 2003	644	0	33.48	7.93	$21,561
Jan 2003	669	0	30.31	5.58	$20,277
Dec 2002	700	0	26.91	4.85	$18,837
Nov 2002	642	0	24.66	4.14	$15,832
Oct 2002	570	0	26.46	4.23	$15,082
Sep 2002	629	0	27.44	3.64	$17,260
Aug 2002	760	0	25.96	3.16	$19,730
Jul 2002	676	0	24.58	3.06	$16,616
Jun 2002	648	0	23.73	3.34	$15,377
May 2002	802	0	24.66	3.58	$19,777
Apr 2002	851	0	23.65	3.51	$20,126
Mar 2002	902	0	22.00	3.10	$19,844
Feb 2002	815	0	18.22	2.38	$14,849
Jan 2002	938	0	17.17	2.38	$16,105
Dec 2001	871	0	16.93	2.36	$14,746
Nov 2001	870	0	18.07	2.41	$15,721
Oct 2001	836	0	19.78	2.53	$16,536
Sep 2001	801	0	24.26	2.25	$19,432
Aug 2001	825	0	24.87	3.05	$20,518
Jul 2001	797	0	23.93	3.20	$19,072
Jun 2001	997	0	24.56	3.82	$24,486
May 2001	1,073	0	25.52	4.31	$27,383
Apr 2001	972	0	24.68	5.34	$23,989
Mar 2001	1,099	0	24.54	5.38	$26,969
Feb 2001	1,015	0	27.75	5.77	$28,166
Jan 2001	1,214	0	27.47	8.40	$33,349
Dec 2000	1,216	0	26.88	9.12	$32,686
Nov 2000	1,091	0	32.21	5.66	$35,141
Oct 2000	1,084	0	31.23	5.15	$33,853
Sep 2000	1,273	0	31.87	5.19	$40,571
Aug 2000	1,320	0	29.64	4.54	$39,125
Jul 2000	1,600	0	28.53	4.09	$45,648
Jun 2000	1,531	0	29.30	4.40	$44,858
May 2000	1,705	0	27.26	3.68	$46,478
Apr 2000	1,442	0	24.51	3.12	$35,343
Mar 2000	1,798	0	28.42	2.86	$51,099
Feb 2000	1,631	0	27.62	2.73	$45,048
Jan 2000	1,720	0	25.27	2.48	$43,464
Dec 1999	1,688	0	24.28	2.42	$40,985
Nov 1999	1,636	0	23.19	2.43	$37,939
Oct 1999	1,683	93	20.98	2.80	$35,570
Sep 1999	1,840	90	21.75	2.62	$40,256
Aug 1999	2,003	0	19.26	2.88	$38,578
Jul 1999	1,478	0	17.89	2.37	$26,441
Jun 1999	1,812	0	15.94	2.36	$28,883
May 1999	2,070	0	15.79	2.32	$32,685
Apr 1999	2,276	0	15.10	2.21	$34,368
Mar 1999	2,315	0	12.47	1.84	$28,868
Feb 1999	2,015	0	9.98	1.82	$20,110
Jan 1999	2,221	0	10.38	1.90	$23,054
Dec 1998	2,279	0	9.20	1.77	$20,967
Nov 1998	2,428	0	10.89	2.19	$26,441
Oct 1998	2,686	0	12.42	1.97	$33,360
Sep 1998	2,557	0	12.59	2.08	$32,193
Aug 1998	2,736	0	11.30	1.91	$30,917
Jul 1998	2,632	0	11.74	2.24	$30,900
Jun 1998	2,553	0	11.24	2.24	$28,696
May 1998	2,565	0	12.62	2.21	$32,370
Apr 1998	2,619	0	13.04	2.51	$34,152
Mar 1998	2,662	0	12.80	2.31	$34,074
Feb 1998	2,335	0	13.95	2.30	$32,573
Jan 1998	2,412	0	14.70	2.15	$35,456
Dec 1997	2,334	0	16.32	2.41	$38,091
Nov 1997	2,524	0	18.19	3.09	$45,912
Oct 1997	2,602	0	19.25	3.15	$50,089
Sep 1997	2,016	0	17.74	2.95	$35,764
Aug 1997	2,004	0	17.86	2.55	$35,791
Jul 1997	1,518	0	17.58	2.25	$26,686
Jun 1997	1,348	0	17.24	2.26	$23,240
May 1997	1,286	0	18.97	2.31	$24,395
Apr 1997	1,230	0	17.88	2.08	$21,992
Mar 1997	1,385	0	18.95	1.94	$26,246
Feb 1997	1,189	0	20.49	2.21	$24,363
Jan 1997	1,369	0	23.48	3.54	$32,144
Dec 1996	1,422	0	23.32	—	$33,161
Nov 1996	1,339	0	21.97	—	$29,418
Oct 1996	1,387	0	23.31	—	$32,331
Sep 1996	1,432	0	22.22	—	$31,819
Aug 1996	1,612	0	20.26	—	$32,659
Jul 1996	1,307	0	19.55	—	$25,552
Jun 1996	1,259	0	18.73	—	$23,581
May 1996	1,366	0	19.43	—	$26,541
Apr 1996	1,496	0	21.51	—	$32,179
Mar 1996	1,252	0	19.38	—	$24,264
Feb 1996	1,053	0	16.98	—	$17,880
Jan 1996	1,013	0	17.07	—	$17,292
Dec 1995	1,412	0	17.19	—	$24,272
Nov 1995	1,524	0	16.00	—	$24,384
Oct 1995	1,426	0	15.43	—	$22,003
Sep 1995	1,361	0	16.18	—	$22,021
Aug 1995	1,446	0	15.92	—	$23,020
Jul 1995	1,674	0	15.24	—	$25,512
Jun 1995	1,543	0	16.41	—	$25,321
May 1995	1,444	0	17.56	—	$25,357
Apr 1995	1,466	0	17.73	—	$25,992
Mar 1995	1,568	0	16.44	—	$25,778
Feb 1995	1,573	0	16.58	—	$26,080
Jan 1995	1,547	0	15.92	—	$24,628
Dec 1994	1,572	0	15.03	—	$23,627
Nov 1994	1,619	0	15.90	—	$25,742
Oct 1994	1,635	0	15.58	—	$25,473
Sep 1994	1,495	1	15.29	—	$22,859
Aug 1994	1,515	1	16.13	—	$24,437
Jul 1994	1,614	1	17.56	—	$28,342
Jun 1994	1,740	1	17.09	—	$29,737
May 1994	1,693	1	15.88	—	$26,885
Apr 1994	1,578	1	14.14	—	$22,313
Mar 1994	1,599	1	12.46	—	$19,924
Feb 1994	1,307	1	12.50	—	$16,338
Jan 1994	1,510	1	12.66	—	$19,117
Dec 1993	1,519	1	12.33	—	$18,729
Nov 1993	1,443	1	14.49	—	$20,909
Oct 1993	1,447	1	15.85	—	$22,935
Sep 1993	1,491	1	15.03	—	$22,410
Aug 1993	1,562	1	15.66	—	$24,461
Jul 1993	1,482	1	15.46	—	$22,912
Jun 1993	1,466	1	16.79	—	$24,614
May 1993	1,493	1	17.68	—	$26,396
Apr 1993	1,563	1	18.05	—	$28,212
Mar 1993	1,481	1	18.14	—	$26,865
Feb 1993	1,465	1	17.90	—	$26,224
Jan 1993	1,565	1	16.93	—	$26,495

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                  332 bbl  × $ 95.72 =    $31,779
Casinghead gas         1 Mcf  × $  3.31 =         $3

────────────────────────────────────────────────────
Month total                                  $31,782

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/2816 is the state's own key, not one this site invented.