NORTHSHOT

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 32490District 08Field 58327500OilCasinghead gasSaveExport
Value, all time
$5.4 M
Jan 1993 – Mar 2008
Value, last 12 filed months
$349 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
OilDisposition145,884 bbl$4,147,777
Casinghead gasProduction280,782 Mcf$1,267,724
Total$5,415,501

18,320 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 31.8599, -103.9146. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.85984, -103.91468 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
4,812 ft
3 wells filed one
Completion to plug
22.2 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 4,710 and 5,190 ft, median 4,812 ft, over the 3 wells that filed a depth.

Completions filed
Dec 1997
1 of 3 wells; 2 filed none
Plug dates filed
Feb 2020 – Mar 2020
3 of 3 wells

Last completion to plug: a median of 22.2 years across the 1 well that filed both dates, with the middle half between 22.2 years and 22.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-3893191014,710 ftMar 2020Yes
42-3893192224,812 ftFeb 2020Yes
42-3893214135,190 ftDec 1997Feb 2020Yes

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 20079621,97675.846.24$85,297
Aug 20077101,88869.066.39$61,093
Jul 20075262,00470.906.39$50,095
Jun 20075841,35062.007.55$46,398
May 20077021,99158.747.85$56,857
Apr 20074892,51559.617.81$48,779
Mar 20075031,90156.927.30$42,512
Feb 20077151,80255.108.22$54,202
Jan 20075322,60350.306.73$44,270
Dec 20066222,15756.656.92$50,159
Nov 20066751,67754.207.62$49,360
Oct 20066812,13954.906.01$50,250
Sep 20066682,10860.085.04$50,752
Aug 20068492,37968.717.34$75,796
Jul 20063601,85769.376.34$36,752
Jun 20069702,18266.286.38$78,221
May 20067082,11866.016.42$60,343
Apr 20065321,53464.397.36$45,546
Mar 20066792,26856.707.08$54,563
Feb 20067561,90857.597.75$58,327
Jan 20068982,03760.598.93$72,607
Dec 20055291,33654.9413.42$46,986
Nov 20057131,49854.6910.59$54,855
Oct 20057021,73658.3413.80$64,904
Sep 20057271,77261.4512.08$66,078
Aug 20057192,19161.519.80$65,691
Jul 20059292,35755.697.84$70,223
Jun 20058432,06252.337.38$59,334
May 20057242,04345.226.65$46,328
Apr 20057822,11249.207.36$54,020
Mar 20055891,99050.377.15$43,906
Feb 20059301,81045.226.31$53,479
Jan 20055181,84343.166.32$34,009
Dec 20047341,75539.866.75$41,105
Nov 20041,0202,06345.286.33$59,245
Oct 20048981,99749.706.52$57,641
Sep 20048462,04943.245.28$47,408
Aug 20048362,20842.375.55$47,677
Jul 20048742,13238.286.08$46,428
Jun 20048681,92136.106.43$43,693
May 20041,1572,02137.486.49$56,490
Apr 20046822,07134.475.86$35,641
Mar 20041,0601,99834.365.53$47,471
Feb 20041,0251,89432.455.51$43,696
Jan 20048901,77432.036.30$39,682
Dec 20031,1561,84330.266.30$46,594
Nov 20037541,75028.804.60$29,757
Oct 20031,1021,94028.174.76$40,277
Sep 20039251,85126.314.75$33,128
Aug 20038841,98529.765.13$36,490
Jul 20031,1062,09929.415.17$43,381
Jun 20031,1571,94128.565.98$44,657
May 20038892,22326.595.97$36,916
Apr 20031,04697326.675.41$33,158
Mar 20037261,73431.146.10$33,178
Feb 20037321,78133.487.93$38,623
Jan 20037472,14030.315.58$34,587
Dec 20021,2622,51726.914.85$46,177
Nov 20021,0752,76124.664.14$37,932
Oct 20027883,00626.464.23$33,563
Sep 20021,3132,88127.443.64$46,502
Aug 20021,1703,34225.963.16$40,948
Jul 20029813,44924.583.06$34,673
Jun 20029843,31023.733.34$34,400
May 20021,5502,87424.663.58$48,523
Apr 20029382,99623.653.51$32,707
Mar 20021,3443,13522.003.10$39,295
Feb 20021,3622,22718.222.38$30,106
Jan 20029902,68917.172.38$23,387
Dec 20011,1713,01916.932.36$26,963
Nov 20011,3923,21918.072.41$32,897
Oct 20011,3822,87019.782.53$34,594
Sep 20011,2802,16424.262.25$35,925
Aug 20011,520224.873.05$37,809
Jul 20017612,40723.933.20$25,906
Jun 20011,5372,66924.563.82$47,955
May 20012,0813,09225.524.31$66,425
Apr 20011,3082,53924.685.34$45,828
Mar 20012,0362,46024.545.38$63,189
Feb 20011,3121,23127.755.77$43,507
Jan 20011,6912,29427.478.40$65,719
Dec 20001,6482,33626.889.12$65,608
Nov 20001,6462,58432.215.66$67,638
Oct 20001,4922,62731.235.15$60,112
Sep 20001,1052,19931.875.19$46,621
Aug 20001,6192,33229.644.54$58,576
Jul 20001,2762,51528.534.09$46,690
Jun 20001,1322,80129.304.40$45,484
May 20001,4182,80327.263.68$48,969
Apr 20001,5032,93924.513.12$45,996
Mar 20001,3532,24828.422.86$44,881
Feb 20001,4682,45227.622.73$47,232
Jan 20001,7012,39825.272.48$48,933
Dec 19991,4802,22624.282.42$41,330
Nov 19991,6002,20723.192.43$42,476
Oct 19991,2522,48320.982.80$33,229
Sep 19991,2372,36921.752.62$33,109
Aug 19991,6093,15819.262.88$40,070
Jul 19991,7362,98217.892.37$38,131
Jun 19991,5812,70415.942.36$31,588
May 19991,6082,81115.792.32$31,915
Apr 19991,5822,69115.102.21$29,830
Mar 19991,9872,75512.471.84$29,842
Feb 19991,4131,6239.981.82$17,052
Jan 19991,8021,35010.381.90$21,270
Dec 19981,0821,5699.201.77$12,737
Nov 19981,2741,20610.892.19$16,510
Oct 19981,09781112.421.97$15,222
Sep 199873453212.592.08$10,349
Aug 19981,3241,09911.301.91$17,057
Jul 19981,1261,60511.742.24$16,810
Jun 19989651,84511.242.24$14,974
May 19981,8732,23712.622.21$28,573
Apr 19981,6852,05313.042.51$27,116
Mar 19981,8281,78112.802.31$27,512
Feb 19982,0392,30913.952.30$33,753
Jan 19982,0221,94514.702.15$33,914
Dec 19971,06678216.322.41$19,283
Nov 199755478218.193.09$12,492
Oct 199771578419.253.15$16,233
Sep 199752184717.742.95$11,745
Aug 199771143517.862.55$13,810
Jul 199777243517.582.25$14,549
Jun 199717343517.242.26$3,964
May 199772752218.972.31$14,996
Apr 199754188517.882.08$11,516
Mar 19971,0811,85018.951.94$24,072
Feb 199718189320.492.21$5,679
Jan 199753578723.483.54$15,348
Dec 199673041823.32$17,024
Nov 199618134221.97$3,977
Oct 199605923.31$0
Sep 19960622.22$0
Aug 199609120.26$0
Jul 19961031919.55$2,014
Jun 199603218.73$0
May 199627019319.43$5,246
Apr 199663337221.51$13,616
Mar 199662853119.38$12,171
Feb 19960016.98$0
Jan 19960717.07$0
Dec 199563161517.19$10,847
Nov 199557958116.00$9,264
Oct 199533446115.43$5,154
Sep 199526559916.18$4,288
Aug 199502215.92$0
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 19940117.56$0
Jun 1994097517.09$0
May 19941551,24815.88$2,461
Apr 19949070014.14$1,273
Mar 19941821,43412.46$2,268
Feb 1994065812.50$0
Jan 19941781,28912.66$2,253
Dec 1993061312.33$0
Nov 199336361314.49$5,260
Oct 199301,05915.85$0
Sep 1993037615.03$0
Aug 199388241215.66$13,812
Jul 19930115.46$0
Jun 19935343416.79$8,966
May 199336062317.68$6,365
Apr 19930118.05$0
Mar 19933111,16318.14$5,642
Feb 19937181,43917.90$12,852
Jan 19937151,32716.93$12,105

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                  962 bbl  × $ 75.84 =    $72,958
Casinghead gas     1,976 Mcf  × $  6.24 =    $12,338

────────────────────────────────────────────────────
Month total                                  $85,297

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/32490 is the state's own key, not one this site invented.