FLOWERS 63-1

Name: FLOWERS 63-1 lease production and value, Apr 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Oil lease lease 37506District 08Field 79339125OilCasinghead gasSave Export

Value, all time

$743 k

Apr 2005 – Jan 2013

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The STM (CANYON REEF) 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 8 leases and 9 wells, and the rule below applies to all of them.

Discovered

1992-12-04

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 1994-12-05.

The Commission's schedule remark for this field reads: “PERMANENT RULES EFFEC. 12-05-94”

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	9,372 bbl	$635,455
Casinghead gas	Production	15,103 Mcf	$107,215
Total			$742,669

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 32.5117, -101.1325. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.51175, -101.13252 · 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

100.0%

1 of 1 wells

Median depth

7,375 ft

1 wells filed one

Completion to plug

7.3 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 7,375 ft.

Completions filed

Apr 2005

1 of 1 wells

Plug dates filed

Jul 2012

1 of 1 wells

Last completion to plug: a median of 7.3 years across the 1 well that filed both dates, with the middle half between 7.3 years and 7.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-33534496	1	7,375 ft	Apr 2005	Jul 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 (94)

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

94 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	95	0	105.05	2.22	$9,980
Feb 2012	0	62	101.10	2.57	$159
Jan 2012	179	90	98.09	2.73	$17,804
Dec 2011	0	118	96.87	3.24	$382
Nov 2011	178	114	95.72	3.31	$17,416
Oct 2011	0	98	84.98	3.65	$358
Sep 2011	177	143	83.62	3.99	$15,371
Aug 2011	0	46	83.40	4.15	$191
Jul 2011	0	30	94.14	4.52	$136
Jun 2011	0	0	92.90	4.64	$0
May 2011	178	97	98.13	4.40	$17,894
Apr 2011	61	65	105.96	4.33	$6,745
Mar 2011	0	100	96.36	4.06	$406
Feb 2011	0	112	85.64	4.18	$468
Jan 2011	181	395	86.50	4.59	$17,469
Dec 2010	0	58	85.73	4.35	$252
Nov 2010	177	76	80.84	3.80	$14,597
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	171	18	73.68	4.42	$12,679
Jul 2010	0	111	72.55	4.74	$526
Jun 2010	176	130	70.36	4.91	$13,022
May 2010	0	149	71.12	4.24	$631
Apr 2010	179	113	81.69	4.12	$15,088
Mar 2010	0	149	78.39	4.39	$654
Feb 2010	181	126	73.58	5.44	$14,004
Jan 2010	0	138	74.36	5.96	$823
Dec 2009	178	117	71.44	5.48	$13,358
Nov 2009	0	122	74.59	3.75	$458
Oct 2009	181	128	72.54	4.11	$13,656
Sep 2009	0	131	65.54	3.06	$401
Aug 2009	181	98	67.42	3.22	$12,518
Jul 2009	0	101	61.13	3.46	$350
Jun 2009	176	69	66.16	3.90	$11,913
May 2009	0	130	54.74	3.93	$510
Apr 2009	173	131	46.77	3.59	$8,561
Mar 2009	0	138	42.14	4.06	$560
Feb 2009	360	235	32.81	4.63	$12,900
Jan 2009	0	163	35.86	5.37	$875
Dec 2008	184	189	37.10	5.98	$7,956
Nov 2008	0	64	55.49	6.86	$439
Oct 2008	0	20	75.24	6.92	$138
Sep 2008	0	19	101.76	7.88	$150
Aug 2008	174	156	114.22	8.48	$21,198
Jul 2008	0	103	131.08	11.39	$1,173
Jun 2008	170	87	131.33	13.03	$23,460
May 2008	0	58	123.17	11.57	$671
Apr 2008	178	120	110.31	10.45	$20,890
Mar 2008	0	148	101.90	9.66	$1,430
Feb 2008	183	164	92.53	8.77	$18,371
Jan 2008	0	188	90.38	8.21	$1,543
Dec 2007	181	196	88.33	7.30	$17,419
Nov 2007	179	125	91.67	7.29	$17,320
Oct 2007	0	67	82.85	6.92	$464
Sep 2007	0	123	75.84	6.24	$768
Aug 2007	181	125	69.06	6.39	$13,298
Jul 2007	0	119	70.90	6.39	$760
Jun 2007	181	137	62.00	7.55	$12,256
May 2007	185	225	58.74	7.85	$12,632
Apr 2007	181	298	59.61	7.81	$13,115
Mar 2007	182	251	56.92	7.30	$12,192
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	141	56.65	6.92	$976
Nov 2006	175	214	54.20	7.62	$11,115
Oct 2006	183	1,496	54.90	6.01	$19,043
Sep 2006	0	45	60.08	5.04	$227
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	156	219	69.37	6.34	$12,211
Jun 2006	160	4	66.28	6.38	$10,630
May 2006	171	281	66.01	6.42	$13,093
Apr 2006	0	259	64.39	7.36	$1,906
Mar 2006	180	243	56.70	7.08	$11,927
Feb 2006	191	245	57.59	7.75	$12,899
Jan 2006	220	308	60.59	8.93	$16,081
Dec 2005	175	312	54.94	13.42	$13,800
Nov 2005	186	381	54.69	10.59	$14,207
Oct 2005	349	570	58.34	13.80	$28,224
Sep 2005	358	469	61.45	12.08	$27,664
Aug 2005	153	244	61.51	9.80	$11,801
Jul 2005	174	493	55.69	7.84	$13,557
Jun 2005	329	918	52.33	7.38	$23,992
May 2005	544	1,134	45.22	6.65	$32,142
Apr 2005	327	44	49.20	7.36	$16,412

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.

Mar 2012 — as filed, then multipliedworked

Oil                   95 bbl  × $105.05 =     $9,980
Casinghead gas         0 Mcf  × $  2.22 =         $0

────────────────────────────────────────────────────
Month total                                   $9,980

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/37506 is the state's own key, not one this site invented.