SHOE-BAR RANCH -B-

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

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) in the KING LAKE ( WADDELL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32780District 08Field 49411800Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$3.3 M

Jan 1993 – Jan 2013

Value, last 12 filed months

at the published price for each month

Months reported

241

no gaps in the span

Streams

oil, casinghead gas

The KING LAKE ( WADDELL) 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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered

1989-05-01

as the register files it

Field class

Oil

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1989-08-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “TEMPORARY FIELD RULES DKT#8-93287 EFF. 8/1/89.”

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	141,736 bbl	$3,162,228
Casinghead gas	Production	85,020 Mcf	$137,705
Total			$3,299,933

53,677 Mcf of this lease's gas, across 48 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 31.7711, -102.6797. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77108, -102.67974 · 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%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

10,818 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

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

00.0%

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 10,818 ft.

Completions filed

Dec 2012

1 of 1 wells

1 well


42-13535883	1	10,818 ft	Dec 2012	—	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 (241)

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

241 months


Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	237	27	94.14	4.52	$22,433
Jun 2011	140	23	92.90	4.64	$13,113
May 2011	140	21	98.13	4.40	$13,831
Apr 2011	141	13	105.96	4.33	$14,997
Mar 2011	160	22	96.36	4.06	$15,507
Feb 2011	57	14	85.64	4.18	$4,940
Jan 2011	111	29	86.50	4.59	$9,735
Dec 2010	88	10	85.73	4.35	$7,588
Nov 2010	119	26	80.84	3.80	$9,719
Oct 2010	104	19	78.10	3.51	$8,189
Sep 2010	39	21	72.63	3.98	$2,916
Aug 2010	71	30	73.68	4.42	$5,364
Jul 2010	141	375	72.55	4.74	$12,006
Jun 2010	148	507	70.36	4.91	$12,903
May 2010	139	572	71.12	4.24	$12,308
Apr 2010	187	641	81.69	4.12	$17,919
Mar 2010	184	721	78.39	4.39	$17,588
Feb 2010	132	104	73.58	5.44	$10,279
Jan 2010	160	70	74.36	5.96	$12,315
Dec 2009	175	79	71.44	5.48	$12,935
Nov 2009	180	86	74.59	3.75	$13,749
Oct 2009	176	76	72.54	4.11	$13,079
Sep 2009	203	96	65.54	3.06	$13,599
Aug 2009	138	114	67.42	3.22	$9,671
Jul 2009	126	176	61.13	3.46	$8,312
Jun 2009	178	127	66.16	3.90	$12,271
May 2009	162	170	54.74	3.93	$9,535
Apr 2009	149	178	46.77	3.59	$7,607
Mar 2009	72	140	42.14	4.06	$3,602
Feb 2009	47	106	32.81	4.63	$2,033
Jan 2009	73	104	35.86	5.37	$3,176
Dec 2008	77	160	37.10	5.98	$3,813
Nov 2008	68	96	55.49	6.86	$4,432
Oct 2008	126	209	75.24	6.92	$10,927
Sep 2008	74	115	101.76	7.88	$8,436
Aug 2008	32	60	114.22	8.48	$4,164
Jul 2008	108	200	131.08	11.39	$16,435
Jun 2008	114	190	131.33	13.03	$17,448
May 2008	115	194	123.17	11.57	$16,410
Apr 2008	103	152	110.31	10.45	$12,951
Mar 2008	122	147	101.90	9.66	$13,852
Feb 2008	117	174	92.53	8.77	$12,352
Jan 2008	126	179	90.38	8.21	$12,857
Dec 2007	138	176	88.33	7.30	$13,475
Nov 2007	91	127	91.67	7.29	$9,268
Oct 2007	129	194	82.85	6.92	$12,031
Sep 2007	71	98	75.84	6.24	$5,997
Aug 2007	115	159	69.06	6.39	$8,958
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	8	0	58.74	7.85	$470
Apr 2007	116	180	59.61	7.81	$8,320
Mar 2007	157	236	56.92	7.30	$10,660
Feb 2007	405	181	55.10	8.22	$23,803
Jan 2007	418	89	50.30	6.73	$21,624
Dec 2006	200	50	56.65	6.92	$11,676
Nov 2006	108	22	54.20	7.62	$6,021
Oct 2006	198	54	54.90	6.01	$11,195
Sep 2006	194	47	60.08	5.04	$11,892
Aug 2006	185	60	68.71	7.34	$13,152
Jul 2006	231	81	69.37	6.34	$16,538
Jun 2006	302	42	66.28	6.38	$20,285
May 2006	438	30	66.01	6.42	$29,105
Apr 2006	455	106	64.39	7.36	$30,078
Mar 2006	543	164	56.70	7.08	$31,950
Feb 2006	58	45	57.59	7.75	$3,689
Jan 2006	298	81	60.59	8.93	$18,779
Dec 2005	282	79	54.94	13.42	$16,553
Nov 2005	239	115	54.69	10.59	$14,289
Oct 2005	173	124	58.34	13.80	$11,803
Sep 2005	134	90	61.45	12.08	$9,321
Aug 2005	253	166	61.51	9.80	$17,188
Jul 2005	157	165	55.69	7.84	$10,038
Jun 2005	119	58	52.33	7.38	$6,655
May 2005	275	112	45.22	6.65	$13,180
Apr 2005	142	65	49.20	7.36	$7,465
Mar 2005	259	68	50.37	7.15	$13,532
Feb 2005	171	155	45.22	6.31	$8,711
Jan 2005	168	181	43.16	6.32	$8,395
Dec 2004	204	73	39.86	6.75	$8,624
Nov 2004	322	92	45.28	6.33	$15,163
Oct 2004	187	59	49.70	6.52	$9,678
Sep 2004	145	0	43.24	5.28	$6,270
Aug 2004	236	0	42.37	5.55	$9,999
Jul 2004	249	0	38.28	6.08	$9,532
Jun 2004	191	40	36.10	6.43	$7,152
May 2004	197	52	37.48	6.49	$7,721
Apr 2004	197	54	34.47	5.86	$7,107
Mar 2004	245	64	34.36	5.53	$8,772
Feb 2004	196	64	32.45	5.51	$6,713
Jan 2004	306	49	32.03	6.30	$10,110
Dec 2003	269	36	30.26	6.30	$8,367
Nov 2003	268	56	28.80	4.60	$7,976
Oct 2003	302	64	28.17	4.76	$8,812
Sep 2003	177	57	26.31	4.75	$4,928
Aug 2003	226	130	29.76	5.13	$7,393
Jul 2003	192	157	29.41	5.17	$6,459
Jun 2003	182	170	28.56	5.98	$6,215
May 2003	280	175	26.59	5.97	$8,490
Apr 2003	236	175	26.67	5.41	$7,240
Mar 2003	246	218	31.14	6.10	$8,989
Feb 2003	270	177	33.48	7.93	$10,442
Jan 2003	258	180	30.31	5.58	$8,825
Dec 2002	290	178	26.91	4.85	$8,668
Nov 2002	253	177	24.66	4.14	$6,971
Oct 2002	254	177	26.46	4.23	$7,469
Sep 2002	289	224	27.44	3.64	$8,744
Aug 2002	268	175	25.96	3.16	$7,511
Jul 2002	263	210	24.58	3.06	$7,108
Jun 2002	270	203	23.73	3.34	$7,085
May 2002	307	182	24.66	3.58	$8,223
Apr 2002	304	181	23.65	3.51	$7,825
Mar 2002	339	183	22.00	3.10	$8,026
Feb 2002	277	162	18.22	2.38	$5,432
Jan 2002	275	142	17.17	2.38	$5,059
Dec 2001	296	140	16.93	2.36	$5,342
Nov 2001	295	121	18.07	2.41	$5,622
Oct 2001	309	147	19.78	2.53	$6,484
Sep 2001	273	95	24.26	2.25	$6,837
Aug 2001	301	128	24.87	3.05	$7,877
Jul 2001	289	133	23.93	3.20	$7,341
Jun 2001	271	122	24.56	3.82	$7,122
May 2001	359	167	25.52	4.31	$9,881
Apr 2001	170	51	24.68	5.34	$4,468
Mar 2001	327	267	24.54	5.38	$9,460
Feb 2001	330	279	27.75	5.77	$10,767
Jan 2001	256	201	27.47	8.40	$8,720
Dec 2000	383	306	26.88	9.12	$13,087
Nov 2000	345	306	32.21	5.66	$12,844
Oct 2000	403	493	31.23	5.15	$15,122
Sep 2000	448	490	31.87	5.19	$16,819
Aug 2000	372	387	29.64	4.54	$12,783
Jul 2000	354	276	28.53	4.09	$11,228
Jun 2000	378	325	29.30	4.40	$12,505
May 2000	640	161	27.26	3.68	$18,039
Apr 2000	369	276	24.51	3.12	$9,904
Mar 2000	424	270	28.42	2.86	$12,822
Feb 2000	408	231	27.62	2.73	$11,899
Jan 2000	401	149	25.27	2.48	$10,503
Dec 1999	440	165	24.28	2.42	$11,083
Nov 1999	327	88	23.19	2.43	$7,797
Oct 1999	360	152	20.98	2.80	$7,979
Sep 1999	366	156	21.75	2.62	$8,369
Aug 1999	424	204	19.26	2.88	$8,753
Jul 1999	466	188	17.89	2.37	$8,783
Jun 1999	458	198	15.94	2.36	$7,768
May 1999	495	181	15.79	2.32	$8,236
Apr 1999	581	191	15.10	2.21	$9,195
Mar 1999	503	243	12.47	1.84	$6,719
Feb 1999	308	259	9.98	1.82	$3,545
Jan 1999	582	334	10.38	1.90	$6,676
Dec 1998	534	307	9.20	1.77	$5,457
Nov 1998	392	412	10.89	2.19	$5,169
Oct 1998	432	401	12.42	1.97	$6,155
Sep 1998	391	393	12.59	2.08	$5,741
Aug 1998	447	407	11.30	1.91	$5,827
Jul 1998	487	413	11.74	2.24	$6,641
Jun 1998	501	427	11.24	2.24	$6,587
May 1998	490	390	12.62	2.21	$7,044
Apr 1998	347	433	13.04	2.51	$5,610
Mar 1998	441	411	12.80	2.31	$6,594
Feb 1998	462	443	13.95	2.30	$7,463
Jan 1998	545	498	14.70	2.15	$9,085
Dec 1997	516	382	16.32	2.41	$9,342
Nov 1997	563	391	18.19	3.09	$11,448
Oct 1997	473	293	19.25	3.15	$10,028
Sep 1997	564	446	17.74	2.95	$11,323
Aug 1997	492	529	17.86	2.55	$10,139
Jul 1997	509	527	17.58	2.25	$10,132
Jun 1997	472	489	17.24	2.26	$9,241
May 1997	593	399	18.97	2.31	$12,170
Apr 1997	547	372	17.88	2.08	$10,555
Mar 1997	692	191	18.95	1.94	$13,484
Feb 1997	588	0	20.49	2.21	$12,048
Jan 1997	721	0	23.48	3.54	$16,929
Dec 1996	696	82	23.32	—	$16,231
Nov 1996	627	219	21.97	—	$13,775
Oct 1996	735	391	23.31	—	$17,133
Sep 1996	617	446	22.22	—	$13,710
Aug 1996	658	544	20.26	—	$13,331
Jul 1996	899	658	19.55	—	$17,575
Jun 1996	697	570	18.73	—	$13,055
May 1996	898	1,187	19.43	—	$17,448
Apr 1996	824	993	21.51	—	$17,724
Mar 1996	783	589	19.38	—	$15,175
Feb 1996	770	436	16.98	—	$13,075
Jan 1996	938	501	17.07	—	$16,012
Dec 1995	1,055	665	17.19	—	$18,135
Nov 1995	994	536	16.00	—	$15,904
Oct 1995	1,091	1,050	15.43	—	$16,834
Sep 1995	1,102	702	16.18	—	$17,830
Aug 1995	1,108	483	15.92	—	$17,639
Jul 1995	1,274	643	15.24	—	$19,416
Jun 1995	1,213	848	16.41	—	$19,905
May 1995	1,256	646	17.56	—	$22,055
Apr 1995	1,358	279	17.73	—	$24,077
Mar 1995	1,509	645	16.44	—	$24,808
Feb 1995	1,338	540	16.58	—	$22,184
Jan 1995	1,518	779	15.92	—	$24,167
Dec 1994	1,567	697	15.03	—	$23,552
Nov 1994	1,510	451	15.90	—	$24,009
Oct 1994	1,713	420	15.58	—	$26,689
Sep 1994	1,848	582	15.29	—	$28,256
Aug 1994	2,182	990	16.13	—	$35,196
Jul 1994	2,533	1,155	17.56	—	$44,479
Jun 1994	2,340	991	17.09	—	$39,991
May 1994	2,529	961	15.88	—	$40,161
Apr 1994	2,514	1,725	14.14	—	$35,548
Mar 1994	2,944	1,441	12.46	—	$36,682
Feb 1994	2,908	1,717	12.50	—	$36,350
Jan 1994	3,290	2,156	12.66	—	$41,651
Dec 1993	3,089	2,161	12.33	—	$38,087
Nov 1993	3,204	2,019	14.49	—	$46,426
Oct 1993	3,290	2,166	15.85	—	$52,147
Sep 1993	3,451	2,319	15.03	—	$51,869
Aug 1993	3,450	2,273	15.66	—	$54,027
Jul 1993	3,600	2,393	15.46	—	$55,656
Jun 1993	3,471	2,229	16.79	—	$58,278
May 1993	3,486	2,054	17.68	—	$61,632
Apr 1993	3,631	2,399	18.05	—	$65,540
Mar 1993	4,040	2,264	18.14	—	$73,286
Feb 1993	3,568	1,817	17.90	—	$63,867
Jan 1993	4,151	1,865	16.93	—	$70,276

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.

Jul 2011 — as filed, then multipliedworked

Oil                  237 bbl  × $ 94.14 =    $22,311
Casinghead gas        27 Mcf  × $  4.52 =       $122

────────────────────────────────────────────────────
Month total                                  $22,433

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/32780 is the state's own key, not one this site invented.