CARPENTER

Operated by SHARP IMAGE ENERGY, INC. (P-5 770731) in the VAN GRIS (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34581District 08Field 93077500OilCasinghead gasSaveExport
Value, all time
$256 k
Jul 1995 – May 2004
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
107
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1954-05-13
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition13,005 bbl$256,320
Casinghead gasProduction14,493 Mcf$82
Total$256,402

14,458 Mcf of this lease's gas, across 18 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 32.4740, -101.2883. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.47400, -101.28829 · 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
6,820 ft
1 wells filed one
Completion to plug
8.7 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 6,820 ft.

Completions filed
Jul 1995
1 of 1 wells
Plug dates filed
Mar 2004
1 of 1 wells

Last completion to plug: a median of 8.7 years across the 1 well that filed both dates, with the middle half between 8.7 years and 8.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2270377816,820 ftJul 1995Mar 2004Yes

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 (107)

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

107 months

May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 2003188029.765.13$5,595
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003176026.595.97$4,680
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 2003181030.315.58$5,486
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 2002169026.464.23$4,472
Sep 20020027.443.64$0
Aug 2002174025.963.16$4,517
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002171024.663.58$4,217
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 2002181018.222.38$3,298
Jan 20020017.172.38$0
Dec 2001156016.932.36$2,641
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 2001162024.262.25$3,930
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001172024.563.82$4,224
May 20010025.524.31$0
Apr 2001181024.685.34$4,467
Mar 20010024.545.38$0
Feb 2001149027.755.77$4,135
Jan 20010027.478.40$0
Dec 2000174026.889.12$4,677
Nov 2000194032.215.66$6,249
Oct 2000171031.235.15$5,340
Sep 20000031.875.19$0
Aug 2000165029.644.54$4,891
Jul 20000028.534.09$0
Jun 2000159029.304.40$4,659
May 2000184027.263.68$5,016
Apr 20000024.513.12$0
Mar 2000170028.422.86$4,831
Feb 20000027.622.73$0
Jan 2000174025.272.48$4,397
Dec 1999201024.282.42$4,880
Nov 19990123.192.43$2
Oct 1999179120.982.80$3,758
Sep 1999174121.752.62$3,787
Aug 19990119.262.88$3
Jul 1999179117.892.37$3,205
Jun 1999183115.942.36$2,919
May 19990115.792.32$2
Apr 1999190115.102.21$2,871
Mar 1999190112.471.84$2,371
Feb 1999019.981.82$2
Jan 1999192110.381.90$1,995
Dec 1998019.201.77$2
Nov 1998188110.892.19$2,050
Oct 19980112.421.97$2
Sep 1998343112.592.08$4,320
Aug 19980111.301.91$2
Jul 1998189111.742.24$2,221
Jun 1998366111.242.24$4,116
May 19980112.622.21$2
Apr 19980113.042.51$3
Mar 19980112.802.31$2
Feb 1998137113.952.30$1,913
Jan 1998123114.702.15$1,810
Dec 1997157116.322.41$2,565
Nov 19970118.193.09$3
Oct 1997130119.253.15$2,506
Sep 1997128117.742.95$2,274
Aug 1997125117.862.55$2,235
Jul 1997168117.582.25$2,956
Jun 1997171117.242.26$2,950
May 1997164118.972.31$3,113
Apr 1997146117.882.08$2,613
Mar 1997179118.951.94$3,394
Feb 19970120.492.21$2
Jan 1997286123.483.54$6,719
Dec 1996172123.32$4,011
Nov 19960121.97$0
Oct 1996175123.31$4,079
Sep 1996353122.22$7,844
Aug 19960120.26$0
Jul 1996180119.55$3,519
Jun 1996181118.73$3,390
May 199633518919.43$6,509
Apr 199617620121.51$3,786
Mar 19963641,42019.38$7,054
Feb 19963621,85216.98$6,147
Jan 19961881,32117.07$3,209
Dec 19953901,92617.19$6,704
Nov 19955482,31116.00$8,768
Oct 19953802,93615.43$5,863
Sep 19955272,29316.18$8,527
Aug 1995735115.92$11,701
Jul 19950115.24$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.

Aug 2003 — as filed, then multipliedworked
Oil                  188 bbl  × $ 29.76 =     $5,595
Casinghead gas         0 Mcf  × $  5.13 =         $0

────────────────────────────────────────────────────
Month total                                   $5,595

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/34581 is the state's own key, not one this site invented.