MPS UNIVERSITY

Operated by SHERIDAN PRODUCTION COMPANY, LLC (P-5 775854) in the THREE BAR (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 35314District 08Field 89690500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.6 M
Apr 1997 – Apr 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
217
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 16 leases and 42 wells, and the rule below applies to all of them.

Discovered
1960-08-06
as the register files it
Field class
Oil
the register's own label
Between wells
0 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 2015-09-15.

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: POINT.

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
OilDisposition58,186 bbl$1,568,835
Casinghead gasProduction15,691 Mcf$65,879
Total$1,634,714

Wells on this lease (4)

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 32.1125, -102.7839. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.11210, -102.78353 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
4,607 ft
4 wells filed one
Completion to plug
16.6 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 4,602 and 4,650 ft, median 4,607 ft, over the 4 wells that filed a depth.

Completions filed
Apr 1997 – Feb 2000
4 of 4 wells
Plug dates filed
May 2014 – Jun 2014
4 of 4 wells

Last completion to plug: a median of 16.6 years across the 4 wells that filed both dates, with the middle half between 16.0 years and 16.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-0033856174,602 ftFeb 2000May 2014Yes
42-0033826764,610 ftOct 1997May 2014Yes
42-0033826654,603 ftOct 1997May 2014Yes
42-0033815744,650 ftApr 1997Jun 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 (217)

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

217 months

Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012139094.672.92$13,159
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 201101983.623.99$76
Aug 201102283.404.15$91
Jul 201101294.144.52$54
Jun 201101692.904.64$74
May 201102398.134.40$101
Apr 2011022105.964.33$95
Mar 20111714296.364.06$16,648
Feb 201103285.644.18$134
Jan 201103586.504.59$161
Dec 201003285.734.35$139
Nov 20100680.843.80$23
Oct 201001078.103.51$35
Sep 20101793172.633.98$13,124
Aug 201006873.684.42$301
Jul 20101777072.554.74$13,173
Jun 201004370.364.91$211
May 201005271.124.24$220
Apr 20101653681.694.12$13,627
Mar 20101804678.394.39$14,312
Feb 20101773473.585.44$13,209
Jan 20101803874.365.96$13,611
Dec 200904271.445.48$230
Nov 20091796174.593.75$13,580
Oct 200906872.544.11$280
Sep 20091806665.543.06$11,999
Aug 200906767.423.22$216
Jul 200907361.133.46$253
Jun 20091757366.163.90$11,862
May 20091766854.743.93$9,901
Apr 200904246.773.59$151
Mar 20091793542.144.06$7,685
Feb 200906132.814.63$283
Jan 20091766735.865.37$6,671
Dec 200806837.105.98$406
Nov 20081797455.496.86$10,440
Oct 200804875.246.92$332
Sep 200817716101.767.88$18,138
Aug 2008031114.228.48$263
Jul 200816024131.0811.39$21,246
Jun 2008031131.3313.03$404
May 200817952123.1711.57$22,649
Apr 200818049110.3110.45$20,368
Mar 2008060101.909.66$580
Feb 20081814992.538.77$17,178
Jan 200804490.388.21$361
Dec 20071754488.337.30$15,779
Nov 200703991.677.29$284
Oct 20071735582.856.92$14,714
Sep 20071785875.846.24$13,862
Aug 200707669.066.39$485
Jul 20071758670.906.39$12,957
Jun 200709462.007.55$710
May 20071759058.747.85$10,986
Apr 20071766759.617.81$11,014
Mar 20071766256.927.30$10,471
Feb 200703555.108.22$288
Jan 20071686150.306.73$8,861
Dec 20061786256.656.92$10,513
Nov 200603954.207.62$297
Oct 20061833654.906.01$10,263
Sep 200624160.085.04$327
Aug 20061614968.717.34$11,422
Jul 20061816669.376.34$12,975
Jun 20061856466.286.38$12,670
May 20061826666.016.42$12,438
Apr 200606064.397.36$442
Mar 20061725956.707.08$10,170
Feb 20061754557.597.75$10,427
Jan 20061784660.598.93$11,196
Dec 200542154.9413.42$501
Nov 20051751254.6910.59$9,698
Oct 20051753958.3413.80$10,748
Sep 20051773461.4512.08$11,287
Aug 2005110761.519.80$1,110
Jul 20051397655.697.84$8,337
Jun 200517911252.337.38$10,194
May 200517814945.226.65$9,040
Apr 20051738549.207.36$9,137
Mar 20051819650.377.15$9,804
Feb 2005010645.226.31$669
Jan 200532010443.166.32$14,469
Dec 200408439.866.75$567
Nov 200417311145.286.33$8,536
Oct 20041801949.706.52$9,070
Sep 2004347943.245.28$15,052
Aug 20040042.375.55$0
Jul 2004177838.286.08$6,824
Jun 20041812436.106.43$6,688
May 200401937.486.49$123
Apr 20043441934.475.86$11,969
Mar 20041763634.365.53$6,246
Feb 200404232.455.51$231
Jan 20041754932.036.30$5,914
Dec 20033794730.266.30$11,765
Nov 20031852828.804.60$5,457
Oct 200304628.174.76$219
Sep 20031906726.314.75$5,317
Aug 20031803629.765.13$5,541
Jul 20031865429.415.17$5,749
Jun 20031829928.565.98$5,790
May 20031878126.595.97$5,456
Apr 20031825726.675.41$5,162
Mar 20033743031.146.10$11,829
Feb 200303033.487.93$238
Jan 20031849730.315.58$6,119
Dec 200218214726.914.85$5,611
Nov 200218010324.664.14$4,865
Oct 20021808226.464.23$5,110
Sep 20023366727.443.64$9,463
Aug 200217711425.963.16$4,956
Jul 200245013124.583.06$11,462
Jun 2002010423.733.34$347
May 20024059024.663.58$10,310
Apr 200208023.653.51$281
Mar 20024165822.003.10$9,332
Feb 20024759018.222.38$8,868
Jan 2002012917.172.38$306
Dec 20014604316.932.36$7,889
Nov 2001010018.072.41$241
Oct 200147612919.782.53$9,742
Sep 2001013324.262.25$299
Aug 200143614424.873.05$11,283
Jul 2001016423.933.20$524
Jun 200147115224.563.82$12,149
May 200147012725.524.31$12,541
Apr 2001010324.685.34$550
Mar 200147911324.545.38$12,362
Feb 200147910627.755.77$13,904
Jan 200146511727.478.40$13,756
Dec 200008926.889.12$812
Nov 200045410032.215.66$15,189
Oct 20004818231.235.15$15,444
Sep 200047614431.875.19$15,917
Aug 200047819929.644.54$15,072
Jul 200092017628.534.09$26,967
Jun 200094723229.304.40$28,767
May 200094324227.263.68$26,597
Apr 200089629524.513.12$22,880
Mar 20001,81726628.422.86$52,400
Feb 20002,40337327.622.73$67,388
Jan 200006525.272.48$161
Dec 19994533824.282.42$11,091
Nov 199908723.192.43$212
Oct 199943210620.982.80$9,361
Sep 199946610321.752.62$10,405
Aug 199945212519.262.88$9,065
Jul 19994055817.892.37$7,383
Jun 19994769715.942.36$7,817
May 199993912315.792.32$15,112
Apr 199984310715.102.21$12,966
Mar 19991,41418712.471.84$17,976
Feb 19999501599.981.82$9,770
Jan 199994216110.381.90$10,084
Dec 19989421579.201.77$8,945
Nov 199895413610.892.19$10,686
Oct 199845713012.421.97$5,932
Sep 199894916512.592.08$12,292
Aug 199847014311.301.91$5,584
Jul 199894712511.742.24$11,397
Jun 199894516211.242.24$10,984
May 199893518212.622.21$12,201
Apr 199894219613.042.51$12,775
Mar 19981,44730212.802.31$19,219
Feb 19981,41427313.952.30$20,353
Jan 19981,79635114.702.15$27,158
Dec 19972,73538316.322.41$45,559
Nov 199791421918.193.09$17,302
Oct 19971,80213619.253.15$35,117
Sep 19975789817.742.95$10,543
Aug 19971,15213017.862.55$20,907
Jul 19971,59823917.582.25$28,630
Jun 199743212117.242.26$7,721
May 199731722118.972.31$6,524
Apr 199717019117.882.08$3,437

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 2012 — as filed, then multipliedworked
Oil                  139 bbl  × $ 94.67 =    $13,159
Casinghead gas         0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                  $13,159

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/35314 is the state's own key, not one this site invented.