SURESHOT

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

Operated by REEF EXPLORATION, L.P. (P-5 697952) in the MATTHEWS (LOWER CHERRY CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 30282District 08Field 58327500NGPA filingOilCasinghead gasSave Export

Value, all time

$2.9 M

Jan 1993 – Mar 2008

Value, last 12 filed months

$187 k

at the published price for each month

Months reported

183

no gaps in the span

Streams

oil, casinghead gas

The MATTHEWS (LOWER CHERRY CANYON) 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 19 leases and 35 wells, and the rule below applies to all of them.

Discovered

1984-05-18

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 20 acres. The field rule took effect on 1999-04-01.

The Commission's schedule remark for this field reads: “OPTIONAL ACRES 20, 1500 DIAG.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	5	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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	80,311 bbl	$2,232,743
Casinghead gas	Production	165,645 Mcf	$622,178
Total			$2,854,921

32,970 Mcf of this lease's gas, across 41 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 (3)

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 31.8488, -103.9199. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.84874, -103.92049 · 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%

3 of 3 wells

With a plug date

100.0%

3 of 3 wells

Median depth

4,492 ft

3 wells filed one

Completion to plug

28.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

3100.0%

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

3100.0%

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 4,475 and 4,500 ft, median 4,492 ft, over the 3 wells that filed a depth.

Completions filed

Aug 1986

1 of 3 wells; 2 filed none

Plug dates filed

Feb 2009 – May 2020

3 of 3 wells

Last completion to plug: a median of 28.3 years across the 1 well that filed both dates, with the middle half between 28.3 years and 28.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-38931692	1	4,475 ft	—	Feb 2009	Yes
42-38931719	2	4,492 ft	—	May 2020	Yes
42-38931747	3	4,500 ft	Aug 1986	Nov 2014	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 (183)

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

183 months


Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	494	663	75.84	6.24	$41,605
Aug 2007	334	683	69.06	6.39	$27,429
Jul 2007	381	789	70.90	6.39	$32,053
Jun 2007	366	849	62.00	7.55	$29,101
May 2007	384	914	58.74	7.85	$29,728
Apr 2007	338	925	59.61	7.81	$27,368
Mar 2007	343	731	56.92	7.30	$24,861
Feb 2007	378	661	55.10	8.22	$26,259
Jan 2007	392	798	50.30	6.73	$25,086
Dec 2006	199	901	56.65	6.92	$17,507
Nov 2006	391	627	54.20	7.62	$25,968
Oct 2006	361	898	54.90	6.01	$25,219
Sep 2006	357	868	60.08	5.04	$25,821
Aug 2006	420	899	68.71	7.34	$35,457
Jul 2006	335	900	69.37	6.34	$28,947
Jun 2006	334	881	66.28	6.38	$27,762
May 2006	522	961	66.01	6.42	$40,632
Apr 2006	351	917	64.39	7.36	$29,350
Mar 2006	332	961	56.70	7.08	$25,631
Feb 2006	515	841	57.59	7.75	$36,178
Jan 2006	365	916	60.59	8.93	$30,298
Dec 2005	365	889	54.94	13.42	$31,979
Nov 2005	398	710	54.69	10.59	$29,284
Oct 2005	364	850	58.34	13.80	$32,962
Sep 2005	377	894	61.45	12.08	$33,965
Aug 2005	355	733	61.51	9.80	$29,017
Jul 2005	562	1,015	55.69	7.84	$39,259
Jun 2005	327	937	52.33	7.38	$24,028
May 2005	334	898	45.22	6.65	$21,076
Apr 2005	368	814	49.20	7.36	$24,097
Mar 2005	394	826	50.37	7.15	$25,756
Feb 2005	366	873	45.22	6.31	$22,061
Jan 2005	501	956	43.16	6.32	$27,667
Dec 2004	348	910	39.86	6.75	$20,015
Nov 2004	511	888	45.28	6.33	$28,759
Oct 2004	509	1,004	49.70	6.52	$31,838
Sep 2004	338	1,022	43.24	5.28	$20,015
Aug 2004	519	1,064	42.37	5.55	$27,896
Jul 2004	368	895	38.28	6.08	$19,532
Jun 2004	511	1,020	36.10	6.43	$25,009
May 2004	492	1,155	37.48	6.49	$25,941
Apr 2004	346	943	34.47	5.86	$17,451
Mar 2004	520	1,111	34.36	5.53	$24,011
Feb 2004	505	966	32.45	5.51	$21,710
Jan 2004	355	856	32.03	6.30	$16,763
Dec 2003	576	1,046	30.26	6.30	$24,021
Nov 2003	371	1,074	28.80	4.60	$15,620
Oct 2003	545	1,161	28.17	4.76	$20,879
Sep 2003	529	983	26.31	4.75	$18,587
Aug 2003	353	770	29.76	5.13	$14,455
Jul 2003	571	966	29.41	5.17	$21,788
Jun 2003	569	1,137	28.56	5.98	$23,053
May 2003	369	1,261	26.59	5.97	$17,343
Apr 2003	580	906	26.67	5.41	$20,368
Mar 2003	569	1,253	31.14	6.10	$25,357
Feb 2003	387	1,220	33.48	7.93	$22,626
Jan 2003	596	1,130	30.31	5.58	$24,372
Dec 2002	603	1,034	26.91	4.85	$21,246
Nov 2002	353	952	24.66	4.14	$12,643
Oct 2002	399	1,014	26.46	4.23	$14,846
Sep 2002	401	861	27.44	3.64	$14,133
Aug 2002	572	1,138	25.96	3.16	$18,450
Jul 2002	591	1,239	24.58	3.06	$18,320
Jun 2002	370	1,126	23.73	3.34	$12,539
May 2002	396	1,043	24.66	3.58	$13,503
Apr 2002	378	1,014	23.65	3.51	$12,501
Mar 2002	384	987	22.00	3.10	$11,510
Feb 2002	565	933	18.22	2.38	$12,511
Jan 2002	392	1,015	17.17	2.38	$9,142
Dec 2001	201	823	16.93	2.36	$5,349
Nov 2001	381	917	18.07	2.41	$9,091
Oct 2001	596	995	19.78	2.53	$14,305
Sep 2001	368	904	24.26	2.25	$10,963
Aug 2001	754	0	24.87	3.05	$18,752
Jul 2001	197	1,187	23.93	3.20	$8,509
Jun 2001	676	1,250	24.56	3.82	$21,383
May 2001	580	1,298	25.52	4.31	$20,393
Apr 2001	558	1,235	24.68	5.34	$20,361
Mar 2001	697	1,039	24.54	5.38	$22,691
Feb 2001	559	957	27.75	5.77	$21,031
Jan 2001	754	1,450	27.47	8.40	$32,891
Dec 2000	737	1,545	26.88	9.12	$33,905
Nov 2000	571	1,353	32.21	5.66	$26,047
Oct 2000	563	1,348	31.23	5.15	$24,519
Sep 2000	380	1,120	31.87	5.19	$17,919
Aug 2000	736	1,349	29.64	4.54	$27,941
Jul 2000	558	1,319	28.53	4.09	$21,314
Jun 2000	373	1,318	29.30	4.40	$16,724
May 2000	555	1,134	27.26	3.68	$19,302
Apr 2000	709	1,291	24.51	3.12	$21,400
Mar 2000	736	1,360	28.42	2.86	$24,806
Feb 2000	363	986	27.62	2.73	$12,714
Jan 2000	765	1,308	25.27	2.48	$22,576
Dec 1999	377	1,333	24.28	2.42	$12,384
Nov 1999	527	1,087	23.19	2.43	$14,867
Oct 1999	553	1,180	20.98	2.80	$14,910
Sep 1999	532	1,084	21.75	2.62	$14,410
Aug 1999	532	1,270	19.26	2.88	$13,898
Jul 1999	531	1,248	17.89	2.37	$12,460
Jun 1999	658	1,298	15.94	2.36	$13,555
May 1999	709	1,225	15.79	2.32	$14,038
Apr 1999	506	1,324	15.10	2.21	$10,564
Mar 1999	538	1,344	12.47	1.84	$9,180
Feb 1999	679	1,138	9.98	1.82	$8,845
Jan 1999	717	1,234	10.38	1.90	$9,787
Dec 1998	709	1,198	9.20	1.77	$8,647
Nov 1998	753	1,266	10.89	2.19	$10,967
Oct 1998	374	561	12.42	1.97	$5,750
Sep 1998	373	1,092	12.59	2.08	$6,970
Aug 1998	569	972	11.30	1.91	$8,284
Jul 1998	748	1,218	11.74	2.24	$11,507
Jun 1998	387	1,146	11.24	2.24	$6,914
May 1998	692	997	12.62	2.21	$10,933
Apr 1998	727	1,308	13.04	2.51	$12,757
Mar 1998	735	1,294	12.80	2.31	$12,396
Feb 1998	554	1,142	13.95	2.30	$10,354
Jan 1998	902	1,366	14.70	2.15	$16,203
Dec 1997	716	1,522	16.32	2.41	$15,355
Nov 1997	734	1,522	18.19	3.09	$18,052
Oct 1997	740	1,325	19.25	3.15	$18,419
Sep 1997	884	1,342	17.74	2.95	$19,648
Aug 1997	731	721	17.86	2.55	$14,898
Jul 1997	731	721	17.58	2.25	$14,471
Jun 1997	342	721	17.24	2.26	$7,524
May 1997	483	805	18.97	2.31	$11,021
Apr 1997	704	1,074	17.88	2.08	$14,824
Mar 1997	540	1,069	18.95	1.94	$12,306
Feb 1997	364	0	20.49	2.21	$7,458
Jan 1997	913	967	23.48	3.54	$24,860
Dec 1996	542	815	23.32	—	$12,639
Nov 1996	966	978	21.97	—	$21,223
Oct 1996	413	1,421	23.31	—	$9,627
Sep 1996	352	1,771	22.22	—	$7,821
Aug 1996	558	1,341	20.26	—	$11,305
Jul 1996	326	1,090	19.55	—	$6,373
Jun 1996	950	2,097	18.73	—	$17,794
May 1996	523	1,294	19.43	—	$10,162
Apr 1996	791	1,757	21.51	—	$17,014
Mar 1996	814	1,799	19.38	—	$15,775
Feb 1996	814	1,332	16.98	—	$13,822
Jan 1996	719	1,445	17.07	—	$12,273
Dec 1995	696	1,327	17.19	—	$11,964
Nov 1995	852	1,288	16.00	—	$13,632
Oct 1995	726	1,558	15.43	—	$11,202
Sep 1995	1,289	2,413	16.18	—	$20,856
Aug 1995	455	359	15.92	—	$7,244
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	117	1,131	15.03	—	$1,759
Nov 1994	0	449	15.90	—	$0
Oct 1994	0	1	15.58	—	$0
Sep 1994	0	1	15.29	—	$0
Aug 1994	0	1	16.13	—	$0
Jul 1994	0	1	17.56	—	$0
Jun 1994	0	4	17.09	—	$0
May 1994	0	97	15.88	—	$0
Apr 1994	0	163	14.14	—	$0
Mar 1994	0	67	12.46	—	$0
Feb 1994	182	843	12.50	—	$2,275
Jan 1994	0	1	12.66	—	$0
Dec 1993	346	564	12.33	—	$4,266
Nov 1993	285	564	14.49	—	$4,130
Oct 1993	0	51	15.85	—	$0
Sep 1993	0	1	15.03	—	$0
Aug 1993	360	750	15.66	—	$5,638
Jul 1993	0	1	15.46	—	$0
Jun 1993	333	557	16.79	—	$5,591
May 1993	730	1,413	17.68	—	$12,906
Apr 1993	0	1	18.05	—	$0
Mar 1993	343	361	18.14	—	$6,222
Feb 1993	496	653	17.90	—	$8,878
Jan 1993	358	1,210	16.93	—	$6,061

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.

Sep 2007 — as filed, then multipliedworked

Oil                  494 bbl  × $ 75.84 =    $37,465
Casinghead gas       663 Mcf  × $  6.24 =     $4,140

────────────────────────────────────────────────────
Month total                                  $41,605

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/30282 is the state's own key, not one this site invented.