LONG SHOT "A"

Name: LONG SHOT "A" 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 30714District 08Field 58327500NGPA filingOilCasinghead gasSave Export

Value, all time

$3.9 M

Jan 1993 – Mar 2008

Value, last 12 filed months

$256 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	1	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	95,137 bbl	$2,979,740
Casinghead gas	Production	177,654 Mcf	$920,634
Total			$3,900,374

4,958 Mcf of this lease's gas, across 37 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 31.8564, -103.9162. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.85675, -103.91613 · 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

4,527 ft

3 wells filed one

Completion to plug

28.2 years

median over 2 wells

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 3,630 and 4,780 ft, median 4,527 ft, over the 3 wells that filed a depth.

Completions filed

Mar 1987 – Apr 2001

2 of 3 wells; 1 filed none

Plug dates filed

Apr 2022 – May 2022

3 of 3 wells

Last completion to plug: a median of 28.2 years across the 2 wells that filed both dates, with the middle half between 24.6 years and 31.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-38931724	2	4,527 ft	—	Apr 2022	Yes
42-38932205	3	4,780 ft	Apr 2001	May 2022	Yes
42-38931748	1D	3,630 ft	Mar 1987	May 2022	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	511	1,181	75.84	6.24	$46,129
Aug 2007	524	1,262	69.06	6.39	$44,249
Jul 2007	310	1,222	70.90	6.39	$29,785
Jun 2007	547	1,203	62.00	7.55	$42,995
May 2007	561	1,762	58.74	7.85	$46,778
Apr 2007	522	1,860	59.61	7.81	$45,634
Mar 2007	653	1,571	56.92	7.30	$48,640
Feb 2007	503	1,657	55.10	8.22	$41,329
Jan 2007	377	1,326	50.30	6.73	$27,883
Dec 2006	356	1,469	56.65	6.92	$30,331
Nov 2006	559	1,620	54.20	7.62	$42,638
Oct 2006	528	1,615	54.90	6.01	$38,699
Sep 2006	619	1,771	60.08	5.04	$46,110
Aug 2006	693	1,714	68.71	7.34	$60,197
Jul 2006	180	745	69.37	6.34	$17,212
Jun 2006	718	1,680	66.28	6.38	$58,314
May 2006	661	1,443	66.01	6.42	$52,904
Apr 2006	500	1,729	64.39	7.36	$44,921
Mar 2006	511	2,039	56.70	7.08	$43,416
Feb 2006	752	1,547	57.59	7.75	$55,299
Jan 2006	586	1,797	60.59	8.93	$51,559
Dec 2005	733	1,816	54.94	13.42	$64,633
Nov 2005	574	1,316	54.69	10.59	$45,326
Oct 2005	700	1,578	58.34	13.80	$62,608
Sep 2005	717	1,864	61.45	12.08	$66,575
Aug 2005	728	1,951	61.51	9.80	$63,893
Jul 2005	715	1,986	55.69	7.84	$55,396
Jun 2005	850	1,853	52.33	7.38	$58,158
May 2005	564	1,743	45.22	6.65	$37,097
Apr 2005	393	894	49.20	7.36	$25,916
Mar 2005	577	1,750	50.37	7.15	$41,585
Feb 2005	777	1,790	45.22	6.31	$46,434
Jan 2005	198	1,910	43.16	6.32	$20,621
Dec 2004	1,022	1,964	39.86	6.75	$53,996
Nov 2004	549	1,152	45.28	6.33	$32,151
Oct 2004	772	2,008	49.70	6.52	$51,451
Sep 2004	691	1,903	43.24	5.28	$39,934
Aug 2004	708	2,327	42.37	5.55	$42,914
Jul 2004	1,223	2,310	38.28	6.08	$60,871
Jun 2004	701	2,113	36.10	6.43	$38,899
May 2004	753	1,798	37.48	6.49	$39,900
Apr 2004	912	1,906	34.47	5.86	$42,603
Mar 2004	867	2,084	34.36	5.53	$41,315
Feb 2004	1,032	1,805	32.45	5.51	$43,433
Jan 2004	918	1,963	32.03	6.30	$41,770
Dec 2003	921	1,884	30.26	6.30	$39,742
Nov 2003	899	1,617	28.80	4.60	$33,322
Oct 2003	724	1,275	28.17	4.76	$26,464
Sep 2003	876	1,664	26.31	4.75	$30,951
Aug 2003	889	1,701	29.76	5.13	$35,182
Jul 2003	755	1,939	29.41	5.17	$32,231
Jun 2003	1,090	2,023	28.56	5.98	$43,234
May 2003	1,146	2,236	26.59	5.97	$43,827
Apr 2003	941	1,580	26.67	5.41	$33,640
Mar 2003	1,158	2,119	31.14	6.10	$48,978
Feb 2003	998	2,275	33.48	7.93	$51,444
Jan 2003	1,187	2,426	30.31	5.58	$49,520
Dec 2002	1,367	2,589	26.91	4.85	$49,352
Nov 2002	1,291	1,815	24.66	4.14	$39,345
Oct 2002	752	1,565	26.46	4.23	$26,516
Sep 2002	1,324	2,149	27.44	3.64	$44,143
Aug 2002	1,371	2,654	25.96	3.16	$43,989
Jul 2002	1,363	2,536	24.58	3.06	$41,267
Jun 2002	1,178	2,623	23.73	3.34	$36,710
May 2002	1,901	2,023	24.66	3.58	$54,129
Apr 2002	1,344	2,183	23.65	3.51	$39,453
Mar 2002	786	1,820	22.00	3.10	$22,939
Feb 2002	387	1,460	18.22	2.38	$10,520
Jan 2002	788	1,665	17.17	2.38	$17,485
Dec 2001	588	1,727	16.93	2.36	$14,038
Nov 2001	712	2,243	18.07	2.41	$18,261
Oct 2001	976	1,498	19.78	2.53	$23,094
Sep 2001	733	2,051	24.26	2.25	$22,400
Aug 2001	1,130	483	24.87	3.05	$29,578
Jul 2001	566	2,458	23.93	3.20	$21,403
Jun 2001	1,157	2,866	24.56	3.82	$39,376
May 2001	1,540	2,181	25.52	4.31	$48,695
Apr 2001	371	548	24.68	5.34	$12,080
Mar 2001	374	568	24.54	5.38	$12,232
Feb 2001	374	411	27.75	5.77	$12,749
Jan 2001	374	557	27.47	8.40	$14,952
Dec 2000	364	511	26.88	9.12	$14,446
Nov 2000	378	585	32.21	5.66	$15,485
Oct 2000	565	625	31.23	5.15	$20,861
Sep 2000	152	360	31.87	5.19	$6,711
Aug 2000	533	559	29.64	4.54	$18,336
Jul 2000	319	676	28.53	4.09	$11,866
Jun 2000	526	532	29.30	4.40	$17,751
May 2000	333	663	27.26	3.68	$11,517
Apr 2000	523	717	24.51	3.12	$15,053
Mar 2000	474	740	28.42	2.86	$15,587
Feb 2000	363	723	27.62	2.73	$11,997
Jan 2000	548	779	25.27	2.48	$15,780
Dec 1999	332	743	24.28	2.42	$9,862
Nov 1999	703	772	23.19	2.43	$18,182
Oct 1999	338	919	20.98	2.80	$9,668
Sep 1999	486	568	21.75	2.62	$12,058
Aug 1999	524	733	19.26	2.88	$12,200
Jul 1999	337	651	17.89	2.37	$7,573
Jun 1999	484	706	15.94	2.36	$9,383
May 1999	502	828	15.79	2.32	$9,848
Apr 1999	324	574	15.10	2.21	$6,160
Mar 1999	501	654	12.47	1.84	$7,450
Feb 1999	495	562	9.98	1.82	$5,962
Jan 1999	488	524	10.38	1.90	$6,061
Dec 1998	351	529	9.20	1.77	$4,167
Nov 1998	710	596	10.89	2.19	$9,035
Oct 1998	181	244	12.42	1.97	$2,729
Sep 1998	713	888	12.59	2.08	$10,826
Aug 1998	351	632	11.30	1.91	$5,172
Jul 1998	559	651	11.74	2.24	$8,019
Jun 1998	379	525	11.24	2.24	$5,435
May 1998	536	558	12.62	2.21	$7,995
Apr 1998	347	629	13.04	2.51	$6,101
Mar 1998	519	601	12.80	2.31	$8,031
Feb 1998	519	595	13.95	2.30	$8,608
Jan 1998	669	685	14.70	2.15	$11,310
Dec 1997	353	1,036	16.32	2.41	$8,259
Nov 1997	528	1,036	18.19	3.09	$12,804
Oct 1997	502	721	19.25	3.15	$11,935
Sep 1997	693	0	17.74	2.95	$12,294
Aug 1997	686	443	17.86	2.55	$13,384
Jul 1997	557	443	17.58	2.25	$10,787
Jun 1997	516	443	17.24	2.26	$9,896
May 1997	366	758	18.97	2.31	$8,693
Apr 1997	853	940	17.88	2.08	$17,209
Mar 1997	1,078	918	18.95	1.94	$22,208
Feb 1997	911	840	20.49	2.21	$20,519
Jan 1997	1,528	872	23.48	3.54	$38,964
Dec 1996	607	627	23.32	—	$14,155
Nov 1996	897	0	21.97	—	$19,707
Oct 1996	1,180	0	23.31	—	$27,506
Sep 1996	736	0	22.22	—	$16,354
Aug 1996	319	194	20.26	—	$6,463
Jul 1996	278	84	19.55	—	$5,435
Jun 1996	457	155	18.73	—	$8,560
May 1996	292	338	19.43	—	$5,674
Apr 1996	214	61	21.51	—	$4,603
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	139	16.98	—	$0
Jan 1996	0	310	17.07	—	$0
Dec 1995	0	543	17.19	—	$0
Nov 1995	0	76	16.00	—	$0
Oct 1995	180	34	15.43	—	$2,777
Sep 1995	358	271	16.18	—	$5,792
Aug 1995	176	1	15.92	—	$2,802
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	82	0	15.92	—	$1,305
Dec 1994	0	1	15.03	—	$0
Nov 1994	0	1	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	164	17.09	—	$0
May 1994	0	96	15.88	—	$0
Apr 1994	0	1	14.14	—	$0
Mar 1994	0	44	12.46	—	$0
Feb 1994	0	1	12.50	—	$0
Jan 1994	136	179	12.66	—	$1,722
Dec 1993	0	1	12.33	—	$0
Nov 1993	0	1	14.49	—	$0
Oct 1993	0	17	15.85	—	$0
Sep 1993	0	1	15.03	—	$0
Aug 1993	285	383	15.66	—	$4,463
Jul 1993	0	1	15.46	—	$0
Jun 1993	135	126	16.79	—	$2,267
May 1993	231	226	17.68	—	$4,084
Apr 1993	0	128	18.05	—	$0
Mar 1993	0	350	18.14	—	$0
Feb 1993	0	42	17.90	—	$0
Jan 1993	401	358	16.93	—	$6,789

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                  511 bbl  × $ 75.84 =    $38,754
Casinghead gas     1,181 Mcf  × $  6.24 =     $7,374

────────────────────────────────────────────────────
Month total                                  $46,129

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/30714 is the state's own key, not one this site invented.