SETTLES, W. R.

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 2825District 08Field 42971001OilCasinghead gasSave
Value, all time
$32.6 M
Jan 1993 – Aug 2012
Value, last 12 filed months
$777 k
at the published price for each month
Months reported
236
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition971,437 bbl$32,537,678
Casinghead gasProduction9,181 Mcf$65,379
Total$32,603,057

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 (19)

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 32.0953, -101.3648. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.09519, -101.36500 · 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%
19 of 19 wells
With a plug date
52.6%
10 of 19 wells
Median depth
2,879 ft
18 wells filed one
Completion to plug
38.2 years
median over 8 wells

What the state filed about each well

On the RRC proration schedule
19100.0%
A plug date is filed
1052.6%
BothOn the schedule and plugged. Neither fact cancels the other.
1052.6%
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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 18 of 19 wells. Median 2,879 ft, with the middle half between 2,554 and 3,088 ft; the shallowest is 1,892 ft and the deepest 3,250 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

20s
30s
40s
50s
60s
70s
80s
90s
00s
10s

Last completion by decade, 16 of 19 wells, Feb 1929 – Jul 2018. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 1929 – Jul 2018
16 of 19 wells; 3 filed none
Plug dates filed
Aug 1987 – Jun 2021
10 of 19 wells; 9 filed none

Last completion to plug: a median of 38.2 years across the 8 wells that filed both dates, with the middle half between 23.0 years and 51.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

19 wells

42-2270352642,552 ftDec 1996Yes
42-227035297Yes
42-2270353082,540 ftAug 1988Yes
42-2270352532,957 ftJul 2018Yes
42-22733649203,053 ftJan 1997Yes
42-22731137163,000 ftAug 1996Yes
42-2270352312,727 ftAug 1996Sep 2012Yes
42-22734980213,100 ftJun 1996Yes
42-22734979223,100 ftJun 1996Jul 2015Yes
42-22734978233,100 ftJun 1996Yes
42-22733614183,200 ftNov 1991Yes
42-22710260101,950 ftMar 1991Jul 2015Yes
42-22710719143,000 ftAug 1989Feb 2016Yes
42-22731573172,800 ftFeb 1978Yes
42-22710261113,250 ftApr 1976Yes
42-22710262131,950 ftSep 1965Jul 2015Yes
42-22710367122,754 ftSep 1965Jun 2021Yes
42-2271025991,892 ftMar 1965Jul 2015Yes
42-227035286W2,558 ftFeb 1929Aug 1987Yes

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 20112,417195.723.31$231,359
Oct 20113,253184.983.65$276,444
Sep 20113,214183.623.99$268,759
Aug 20113,032183.404.15$252,873
Jul 20114,740194.144.52$446,228
Jun 20113,072192.904.64$285,393
May 20112,625198.134.40$257,596
Apr 20112,5711105.964.33$272,427
Mar 20112,066196.364.06$199,084
Feb 20111,640185.644.18$140,454
Jan 20113,525186.504.59$304,917
Dec 20103,248185.734.35$278,455
Nov 20102,774180.843.80$224,254
Oct 20103,019178.103.51$235,787
Sep 20102,897172.633.98$210,413
Aug 20103,065173.684.42$225,834
Jul 20102,285172.554.74$165,781
Jun 20102,594170.364.91$182,519
May 20102,512171.124.24$178,658
Apr 20101,966181.694.12$160,607
Mar 20102,042178.394.39$160,077
Feb 20102,388173.585.44$175,714
Jan 20102,452174.365.96$182,337
Dec 20092,412171.445.48$172,319
Nov 20092,553174.593.75$190,432
Oct 20093,786172.544.11$274,641
Sep 20092,835165.543.06$185,809
Aug 20092,530167.423.22$170,576
Jul 20093,943161.133.46$241,039
Jun 20094,839166.163.90$320,152
May 20092,138154.743.93$117,038
Apr 20093,977146.773.59$186,008
Mar 20094,672142.144.06$196,882
Feb 20094,545132.814.63$149,126
Jan 20093,986135.865.37$142,943
Dec 20083,708137.105.98$137,573
Nov 20083,535155.496.86$196,164
Oct 20083,834175.246.92$288,477
Sep 20083,1341101.767.88$318,924
Aug 20083,6871114.228.48$421,138
Jul 20084,0151131.0811.39$526,298
Jun 20083,2141131.3313.03$422,108
May 20082,8621123.1711.57$352,524
Apr 20082,2391110.3110.45$246,995
Mar 20082,0940101.909.66$213,379
Feb 20082,379192.538.77$220,138
Jan 20082,836190.388.21$256,326
Dec 20072,91618688.337.30$258,928
Nov 20073,67618091.677.29$338,291
Oct 20074,26618682.856.92$354,726
Sep 20074,02518075.846.24$306,380
Aug 20073,89618669.066.39$270,246
Jul 20073,81018670.906.39$271,317
Jun 20073,61318062.007.55$225,365
May 20073,74018658.747.85$221,147
Apr 20072,46618059.617.81$148,403
Mar 20073,14118656.927.30$180,144
Feb 20073,15319655.108.22$175,341
Jan 20072,75321750.306.73$139,936
Dec 20063,16921756.656.92$181,025
Nov 20063,03721054.207.62$166,205
Oct 20062,69521754.906.01$149,260
Sep 20062,45821060.085.04$148,734
Aug 20062,20218668.717.34$152,665
Jul 20062,20018069.376.34$153,756
Jun 20061,77018066.286.38$118,465
May 20061,75418666.016.42$116,977
Apr 20061,44418064.397.36$94,304
Mar 20062,13321756.707.08$122,478
Feb 20061,59319657.597.75$93,260
Jan 20062,38021460.598.93$146,116
Dec 20052,43321754.9413.42$136,580
Nov 20052,74721054.6910.59$152,457
Oct 20053,26121758.3413.80$193,240
Sep 20053,13419961.4512.08$194,988
Aug 20053,43920661.519.80$213,551
Jul 20053,22920655.697.84$181,439
Jun 20052,68621052.337.38$142,108
May 20052,41420545.226.65$110,525
Apr 20052,05920049.207.36$102,775
Mar 20051,92120650.377.15$98,235
Feb 20052,44819645.226.31$111,936
Jan 20052,09323943.166.32$91,845
Dec 20043,17027939.866.75$128,240
Nov 20043,54427945.286.33$162,239
Oct 20043,33227949.706.52$167,418
Sep 20043,34627943.245.28$146,155
Aug 20043,71727942.375.55$159,038
Jul 20043,739038.286.08$143,129
Jun 20043,294036.106.43$118,913
May 20043,670037.486.49$137,552
Apr 20043,759034.475.86$129,573
Mar 20043,836034.365.53$131,805
Feb 20042,497032.455.51$81,028
Jan 20041,676032.036.30$53,682
Dec 20032,675030.266.30$80,946
Nov 20033,121028.804.60$89,885
Oct 20034,002028.174.76$112,736
Sep 20033,800026.314.75$99,978
Aug 20035,134029.765.13$152,788
Jul 20034,678029.415.17$137,580
Jun 20034,315028.565.98$123,236
May 20034,239026.595.97$112,715
Apr 20034,132026.675.41$110,200
Mar 20034,294031.146.10$133,715
Feb 20034,443033.487.93$148,752
Jan 20034,732030.315.58$143,427
Dec 20025,025026.914.85$135,223
Nov 20024,772024.664.14$117,678
Oct 20024,489026.464.23$118,779
Sep 20024,891027.443.64$134,209
Aug 20025,194025.963.16$134,836
Jul 20024,883024.583.06$120,024
Jun 20024,508023.733.34$106,975
May 20024,581024.663.58$112,967
Apr 20024,719023.653.51$111,604
Mar 20024,407022.003.10$96,954
Feb 20024,428018.222.38$80,678
Jan 20024,678017.172.38$80,321
Dec 20014,542016.932.36$76,896
Nov 20013,854018.072.41$69,642
Oct 20013,813019.782.53$75,421
Sep 20013,987024.262.25$96,725
Aug 20013,553024.873.05$88,363
Jul 20014,478023.933.20$107,159
Jun 20014,884024.563.82$119,951
May 20015,059025.524.31$129,106
Apr 20014,767024.685.34$117,650
Mar 20014,694024.545.38$115,191
Feb 20014,165027.755.77$115,579
Jan 20013,289027.478.40$90,349
Dec 20002,339026.889.12$62,872
Nov 20002,879032.215.66$92,733
Oct 20003,954031.235.15$123,483
Sep 20004,733031.875.19$150,841
Aug 20005,762029.644.54$170,786
Jul 20005,618028.534.09$160,282
Jun 20006,197029.304.40$181,572
May 20006,327027.263.68$172,474
Apr 20006,085024.513.12$149,143
Mar 20005,365028.422.86$152,473
Feb 20004,974027.622.73$137,382
Jan 20005,410025.272.48$136,711
Dec 19995,737024.282.42$139,294
Nov 19996,211023.192.43$144,033
Oct 19996,13721520.982.80$129,357
Sep 19994,99820921.752.62$109,254
Aug 19995,103019.262.88$98,284
Jul 19995,193017.892.37$92,903
Jun 19995,066015.942.36$80,752
May 19993,960015.792.32$62,528
Apr 19994,495015.102.21$67,875
Mar 19998,884012.471.84$110,783
Feb 19999,64209.981.82$96,227
Jan 19996,443010.381.90$66,878
Dec 19984,18909.201.77$38,539
Nov 19983,818010.892.19$41,578
Oct 19985,072012.421.97$62,994
Sep 19985,964012.592.08$75,087
Aug 19985,632011.301.91$63,642
Jul 19986,179011.742.24$72,541
Jun 19985,578011.242.24$62,697
May 19986,214012.622.21$78,421
Apr 19985,166013.042.51$67,365
Mar 19985,726012.802.31$73,293
Feb 19985,713013.952.30$79,696
Jan 19986,894014.702.15$101,342
Dec 19976,363016.322.41$103,844
Nov 19975,553018.193.09$101,009
Oct 19976,438019.253.15$123,932
Sep 19976,716017.742.95$119,142
Aug 19976,855017.862.55$122,430
Jul 19976,732017.582.25$118,349
Jun 19977,282017.242.26$125,542
May 19975,121018.972.31$97,145
Apr 19975,881017.882.08$105,152
Mar 19977,164018.951.94$135,758
Feb 19976,817020.492.21$139,680
Jan 19975,487023.483.54$128,835
Dec 19966,612023.32$154,192
Nov 19966,467021.97$142,080
Oct 19966,752023.31$157,389
Sep 19967,723022.22$171,605
Aug 19965,995020.26$121,459
Jul 19965,693019.55$111,298
Jun 19964,565018.73$85,502
May 19965,336019.43$103,678
Apr 19964,168021.51$89,654
Mar 19964,479019.38$86,803
Feb 19964,434016.98$75,289
Jan 19964,664017.07$79,614
Dec 19955,248017.19$90,213
Nov 19955,115016.00$81,840
Oct 19955,352015.43$82,581
Sep 19955,327016.18$86,191
Aug 19955,808015.92$92,463
Jul 19955,744015.24$87,539
Jun 19955,102016.41$83,724
May 19955,737017.56$100,742
Apr 19955,762017.73$102,160
Mar 19955,078016.44$83,482
Feb 19954,232016.58$70,167
Jan 19954,484015.92$71,385
Dec 19943,864015.03$58,076
Nov 19943,798015.90$60,388
Oct 19944,861015.58$75,734
Sep 19944,687815.29$71,664
Aug 19945,357816.13$86,408
Jul 19945,449817.56$95,684
Jun 19945,206817.09$88,971
May 19945,115815.88$81,226
Apr 19946,289814.14$88,926
Mar 19945,954812.46$74,187
Feb 19945,033812.50$62,913
Jan 19945,661812.66$71,668
Dec 19935,924812.33$73,043
Nov 19935,571814.49$80,724
Oct 19935,865815.85$92,960
Sep 19936,010815.03$90,330
Aug 19935,760815.66$90,202
Jul 19935,153815.46$79,665
Jun 19934,952816.79$83,144
May 19935,393717.68$95,348
Apr 19935,005718.05$90,340
Mar 19935,221718.14$94,709
Feb 19935,207717.90$93,205
Jan 19936,050716.93$102,427

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                2,417 bbl  × $ 95.72 =   $231,355
Casinghead gas         1 Mcf  × $  3.31 =         $3

────────────────────────────────────────────────────
Month total                                 $231,359

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/2825 is the state's own key, not one this site invented.