PRIMERO 42

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

Oil lease lease 39667District 08Field 73180485OilSaveExport
Value, all time
$476 k
Sep 2009 – Feb 2016
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
78
no gaps in the span
Streams
1
oil

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
1986-08-01
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

The Commission's schedule remark for this field reads: (TREND AREA), EFFECTIVE 8/25/2015.

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
OilDisposition5,791 bbl$476,216
Total$476,216

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 32.2886, -101.3856. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.28860, -101.38558 · 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
0.0%
0 of 1 wells
Median depth
9,540 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 9,540 ft.

Completions filed
Nov 2011
1 of 1 wells

1 well

42-22736225A 29,540 ftNov 2011Yes

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 (78)

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

78 months

Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 201516042.992.76$6,878
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 201516356.152.88$9,152
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 201516442.892.93$7,034
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 201417054.693.59$9,297
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 201416986.164.05$14,561
Aug 2014089.394.04$0
Jul 201411296.564.18$10,815
Jun 2014098.164.74$0
May 20146894.734.73$6,442
Apr 201411395.944.81$10,841
Mar 2014195.895.06$96
Feb 201416097.406.19$15,584
Jan 2014290.404.86$181
Dec 201317091.824.35$15,609
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 2013163104.113.72$16,970
Aug 20131104.253.52$104
Jul 20130102.523.72$0
Jun 201317394.403.93$16,331
May 2013094.834.15$0
Apr 201315793.964.28$14,752
Mar 2013093.623.91$0
Feb 2013291.233.42$182
Jan 201316291.603.42$14,839
Dec 2012086.773.42$0
Nov 201228686.953.62$24,868
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 201215892.662.91$14,640
Jul 2012085.133.02$0
Jun 201215479.822.52$12,292
May 2012191.612.49$92
Apr 2012169101.652.00$17,179
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 201215898.092.73$15,498
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 201116284.983.65$13,767
Sep 2011083.623.99$0
Aug 201116083.404.15$13,344
Jul 2011094.144.52$0
Jun 201114192.904.64$13,099
May 2011098.134.40$0
Apr 2011155105.964.33$16,424
Mar 20113696.364.06$3,469
Feb 201117585.644.18$14,987
Jan 2011086.504.59$0
Dec 201016385.734.35$13,974
Nov 201016580.843.80$13,339
Oct 201016778.103.51$13,043
Sep 2010072.633.98$0
Aug 201015573.684.42$11,420
Jul 201013772.554.74$9,939
Jun 2010070.364.91$0
May 201016571.124.24$11,735
Apr 201015181.694.12$12,335
Mar 201016478.394.39$12,856
Feb 2010073.585.44$0
Jan 201016674.365.96$12,344
Dec 200917271.445.48$12,288
Nov 200916174.593.75$12,009
Oct 200916072.544.11$11,606
Sep 2009065.543.06$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.

Sep 2015 — as filed, then multipliedworked
Oil                  160 bbl  × $ 42.99 =     $6,878

────────────────────────────────────────────────────
Month total                                   $6,878

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/39667 is the state's own key, not one this site invented.