SLASH -E-

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

Oil lease lease 38208District 08Field 24853600Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$171 k
Jul 2007 – Sep 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
111
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 109 leases and 325 wells, and the rule below applies to all of them.

Discovered
2007-03-29
as the register files it
Field class
Oil and gas
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 40 acres. The field rule took effect on 2007-07-01.

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: 9/11/2012.

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
OilDisposition1,874 bbl$154,779
Casinghead gasProduction2,861 Mcf$16,388
Total$171,168

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 31.7871, -103.5669. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.78708, -103.56691 · 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
6,380 ft
1 wells filed one
Completion to plug
29.8 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 6,380 ft.

Completions filed
Dec 1986
1 of 1 wells
Plug dates filed
Sep 2016
1 of 1 wells

Last completion to plug: a median of 29.8 years across the 1 well that filed both dates, with the middle half between 29.8 years and 29.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3013071716,380 ftDec 1986Sep 2016Yes

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 (111)

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

111 months

Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
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 20120094.672.92$0
Aug 20120092.662.91$0
Jul 2012269085.133.02$22,900
Jun 20120279.822.52$5
May 20120091.612.49$0
Apr 201201101.652.00$2
Mar 201207105.052.22$16
Feb 2012083101.102.57$213
Jan 201208898.092.73$241
Dec 2011015396.873.24$496
Nov 201106695.723.31$219
Oct 2011185084.983.65$15,721
Sep 2011187183.623.99$15,641
Aug 20110083.404.15$0
Jul 20110294.144.52$9
Jun 20111811292.904.64$16,871
May 201101098.134.40$44
Apr 2011024105.964.33$104
Mar 201103496.364.06$138
Feb 201104485.644.18$184
Jan 20111855586.504.59$16,255
Dec 201006385.734.35$274
Nov 201006480.843.80$243
Oct 201007078.103.51$246
Sep 201006472.633.98$255
Aug 20101817073.684.42$13,645
Jul 201006472.554.74$303
Jun 201005870.364.91$285
May 201003271.124.24$136
Apr 201003881.694.12$157
Mar 201003478.394.39$149
Feb 20100873.585.44$44
Jan 20100074.365.96$0
Dec 200907371.445.48$400
Nov 200905874.593.75$218
Oct 200901272.544.11$49
Sep 200906065.543.06$184
Aug 200905867.423.22$187
Jul 200903761.133.46$128
Jun 200902266.163.90$86
May 200904554.743.93$177
Apr 20091733746.773.59$8,224
Mar 200901842.144.06$73
Feb 200906232.814.63$287
Jan 200903035.865.37$161
Dec 200803937.105.98$233
Nov 200806455.496.86$439
Oct 200802975.246.92$201
Sep 2008159101.767.88$567
Aug 200817876114.228.48$20,976
Jul 2008084131.0811.39$957
Jun 2008062131.3313.03$808
May 2008063123.1711.57$729
Apr 2008069110.3110.45$721
Mar 2008072101.909.66$696
Feb 200806692.538.77$579
Jan 200805390.388.21$435
Dec 200701488.337.30$102
Nov 20070291.677.29$15
Oct 20071817982.856.92$15,543
Sep 2007011275.846.24$699
Aug 2007011269.066.39$715
Jul 200715314770.906.39$11,787

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 2012 — as filed, then multipliedworked
Oil                  269 bbl  × $ 85.13 =    $22,900
Casinghead gas         0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                  $22,900

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/38208 is the state's own key, not one this site invented.