SURESHOT-A-

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 31316District 08Field 58327500OilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 1993 – Mar 2008
Value, last 12 filed months
$59 k
at the published price for each month
Months reported
183
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 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.

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
OilDisposition38,939 bbl$998,140
Casinghead gasProduction67,309 Mcf$249,279
Total$1,247,419

8,898 Mcf of this lease's gas, across 42 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 (1)

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 31.8449, -103.9224. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84489, -103.92244 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
4,500 ft
1 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
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 4,500 ft.

Completions filed
Aug 1986
1 of 1 wells
Plug dates filed
Nov 2014
1 of 1 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.

1 well

42-3893174714,500 ftAug 1986Nov 2014Yes

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 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 200721810475.846.24$17,183
Aug 20071884769.066.39$13,284
Jul 200701570.906.39$96
Jun 2007015562.007.55$1,170
May 200717937358.747.85$13,441
Apr 200718236959.617.81$13,729
Mar 200718637256.927.30$13,303
Feb 200719431555.108.22$13,277
Jan 200720042450.306.73$12,912
Dec 2006037256.656.92$2,574
Nov 200618436054.207.62$12,715
Oct 200617637254.906.01$11,900
Sep 2006036060.085.04$1,813
Aug 200614937268.717.34$12,968
Jul 200614514569.376.34$10,978
Jun 200616336066.286.38$13,102
May 2006037266.016.42$2,390
Apr 200629735464.397.36$21,729
Mar 2006037256.707.08$2,635
Feb 200626333657.597.75$17,751
Jan 2006035660.598.93$3,180
Dec 200518428254.9413.42$13,892
Nov 200519928954.6910.59$13,943
Oct 2005020158.3413.80$2,773
Sep 200516524761.4512.08$13,123
Aug 200516937161.519.80$14,030
Jul 200516437255.697.84$12,051
Jun 2005034752.337.38$2,561
May 200516327745.226.65$9,213
Apr 200519312149.207.36$10,386
Mar 2005018250.377.15$1,302
Feb 200516935045.226.31$9,851
Jan 200518446843.166.32$10,900
Dec 200415045539.866.75$9,051
Nov 200416551945.286.33$10,757
Oct 200416656349.706.52$11,918
Sep 200417339043.245.28$9,541
Aug 2004041342.375.55$2,292
Jul 200416650738.286.08$9,439
Jun 200418348436.106.43$9,720
May 200421548837.486.49$11,228
Apr 200416949234.475.86$8,708
Mar 200417456734.365.53$9,114
Feb 200416739232.455.51$7,579
Jan 200418152332.036.30$9,092
Dec 200319056130.266.30$9,285
Nov 200316651728.804.60$7,157
Oct 200316949428.174.76$7,112
Sep 200335120226.314.75$10,194
Aug 200319426829.765.13$7,148
Jul 200316934829.415.17$6,770
Jun 200318733828.565.98$7,363
May 200317136526.595.97$6,727
Apr 200334222926.675.41$10,359
Mar 2003172031.146.10$5,356
Feb 20033681633.487.93$12,447
Jan 20031872430.315.58$5,802
Dec 2002184026.914.85$4,951
Nov 20021827424.664.14$4,794
Oct 200218920526.464.23$5,868
Sep 200217140327.443.64$6,157
Aug 200217945025.963.16$6,071
Jul 200219547624.583.06$6,251
Jun 200238047823.733.34$10,613
May 200219638924.663.58$6,228
Apr 200237767723.653.51$11,294
Mar 200238780522.003.10$11,012
Feb 200219763518.222.38$5,098
Jan 200239869217.172.38$8,478
Dec 2001058616.932.36$1,386
Nov 200139259818.072.41$8,522
Oct 200119887019.782.53$6,117
Sep 20013679724.262.25$9,122
Aug 2001193024.873.05$4,800
Jul 200117945823.933.20$5,748
Jun 200131040624.563.82$9,166
May 200139656825.524.31$12,552
Apr 200136467624.685.34$12,590
Mar 200118665824.545.38$8,102
Feb 200136755827.755.77$13,402
Jan 200137751327.478.40$14,665
Dec 200018339626.889.12$8,532
Nov 200037327532.215.66$13,570
Oct 200018246731.235.15$8,087
Sep 200037660731.875.19$15,131
Aug 200038159729.644.54$14,004
Jul 200018556228.534.09$7,576
Jun 200037355529.304.40$13,369
May 200017754827.263.68$6,842
Apr 200037848624.513.12$10,779
Mar 200034653128.422.86$11,352
Feb 200036139327.622.73$11,042
Jan 200035049725.272.48$10,077
Dec 199951340524.282.42$13,437
Nov 199918264523.192.43$5,791
Oct 199937965720.982.80$9,793
Sep 199935661321.752.62$9,348
Aug 199934961119.262.88$8,479
Jul 199935051517.892.37$7,483
Jun 199917756815.942.36$4,163
May 199953062615.792.32$9,822
Apr 199917954415.102.21$3,904
Mar 199935440012.471.84$5,150
Feb 19995245499.981.82$6,227
Jan 199935859310.381.90$4,843
Dec 19983583999.201.77$4,001
Nov 199836249710.892.19$5,028
Oct 1998012412.421.97$244
Sep 199818419812.592.08$2,729
Aug 199835050011.301.91$4,909
Jul 199836556311.742.24$5,545
Jun 199826759111.242.24$4,323
May 199852962112.622.21$8,046
Apr 199817961313.042.51$3,870
Mar 199836370912.802.31$6,284
Feb 199837265613.952.30$6,698
Jan 199837374214.702.15$7,082
Dec 199755188016.322.41$11,114
Nov 199718788018.193.09$6,119
Oct 199734649619.253.15$8,223
Sep 199753771317.742.95$11,633
Aug 199734150617.862.55$7,383
Jul 199771650617.582.25$13,724
Jun 199752650617.242.26$10,210
May 199758486718.972.31$13,080
Apr 199736185817.882.08$8,242
Mar 19971,0811,54918.951.94$23,489
Feb 199750186720.492.21$12,178
Jan 199770369123.483.54$18,952
Dec 199618157023.32$4,221
Nov 199654049321.97$11,864
Oct 199633673323.31$7,832
Sep 199616410522.22$3,644
Aug 199625218520.26$5,106
Jul 199611913019.55$2,326
Jun 199621422218.73$4,008
May 199621125319.43$4,100
Apr 199621227021.51$4,560
Mar 1996016019.38$0
Feb 199643524216.98$7,386
Jan 199618419817.07$3,141
Dec 199518422617.19$3,163
Nov 199524225316.00$3,872
Oct 199522828515.43$3,518
Sep 199530427916.18$4,919
Aug 19951787915.92$2,834
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950115.92$0
Dec 19940115.03$0
Nov 19940115.90$0
Oct 19940115.58$0
Sep 19940115.29$0
Aug 19940116.13$0
Jul 199409017.56$0
Jun 1994025317.09$0
May 199415724115.88$2,493
Apr 19940114.14$0
Mar 199418234412.46$2,268
Feb 1994029812.50$0
Jan 199418527912.66$2,342
Dec 1993019912.33$0
Nov 199319719914.49$2,855
Oct 1993021015.85$0
Sep 199311119815.03$1,668
Aug 199317718815.66$2,772
Jul 1993012915.46$0
Jun 199316727416.79$2,804
May 199318333317.68$3,235
Apr 1993011618.05$0
Mar 199329133818.14$5,279
Feb 1993027717.90$0
Jan 1993024216.93$0

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                  218 bbl  × $ 75.84 =    $16,533
Casinghead gas       104 Mcf  × $  6.24 =       $649

────────────────────────────────────────────────────
Month total                                  $17,183

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/31316 is the state's own key, not one this site invented.