PRIMERO 42

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

Oil lease lease 45570District 08Field 73180500OilCasinghead gasSaveExport
Value, all time
$6.2 M
Nov 2008 – Dec 2015
Value, last 12 filed months
$293 k
at the published price for each month
Months reported
86
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1986-03-27
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
OilDisposition74,471 bbl$5,790,084
Casinghead gasProduction119,314 Mcf$455,996
Total$6,246,080

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 32.2912, -101.3908. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29122, -101.39079 · 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
9,550 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 9,550 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-2273617519,550 ftNov 2008Yes

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 (86)

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

86 months

Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015385042.992.76$16,551
Aug 20155361,91240.162.87$27,018
Jul 20155582,22748.152.95$33,426
Jun 20157391,75056.152.88$46,540
May 20155521,80355.212.96$35,805
Apr 20157381,28249.822.71$40,237
Mar 201572186842.892.93$33,471
Feb 201573367644.662.98$34,748
Jan 201554060043.433.10$25,313
Dec 20149431,20354.693.59$55,893
Nov 20147461,65170.464.25$59,583
Oct 201437484278.303.90$32,569
Sep 201474870186.164.05$67,284
Aug 201475190589.394.04$70,784
Jul 20146392,12696.564.18$70,588
Jun 20145621,34198.164.74$61,518
May 201456467394.734.73$56,609
Apr 20146411,06395.944.81$66,610
Mar 20147572,61495.895.06$85,807
Feb 20147783,42297.406.19$96,966
Jan 20148854,43290.404.86$101,547
Dec 20137773,12091.824.35$84,930
Nov 20137642,36188.853.74$76,707
Oct 20137602,72497.423.78$84,334
Sep 20137773,997104.113.72$95,753
Aug 20137522,187104.253.52$86,100
Jul 20139401,881102.523.72$103,362
Jun 2013753094.403.93$71,083
May 20139301,69294.834.15$95,212
Apr 20137801,50993.964.28$79,751
Mar 20137502,00993.623.91$78,076
Feb 20139311,75891.233.42$90,947
Jan 20139351,30091.603.42$90,092
Dec 20123661,16086.773.42$35,725
Nov 20121,1221,46186.953.62$102,854
Oct 20127501,66489.383.40$72,692
Sep 20129311,31894.672.92$91,984
Aug 20129321,54192.662.91$90,841
Jul 20129231,51185.133.02$83,139
Jun 20127841,37179.822.52$66,032
May 20127461,19291.612.49$71,307
Apr 20129291,290101.652.00$97,009
Mar 20129331,408105.052.22$101,140
Feb 20129171,128101.102.57$95,608
Jan 20121,1391,20598.092.73$115,019
Dec 20117511,10896.873.24$76,339
Nov 20111,0261,13095.723.31$101,950
Oct 20117691,26784.983.65$69,972
Sep 20119271,18183.623.99$82,223
Aug 20111,0851,40083.404.15$96,298
Jul 20119071,41694.144.52$91,781
Jun 20111,1261,13692.904.64$109,876
May 20111,1211,34998.134.40$115,946
Apr 2011927873105.964.33$102,008
Mar 20111,1031,02296.364.06$110,432
Feb 201191596985.644.18$82,411
Jan 20111,3091,25786.504.59$118,997
Dec 20109471,34685.734.35$87,038
Nov 20101,2701,31480.843.80$107,654
Oct 20101,3271,08078.103.51$107,428
Sep 20101,3901,39172.633.98$106,491
Aug 20101,1591,42273.684.42$91,679
Jul 20101,5141,32072.554.74$116,093
Jun 20101,315070.364.91$92,523
May 20101,499071.124.24$106,609
Apr 20101,900081.694.12$155,211
Mar 20102,265078.394.39$177,553
Feb 20100073.585.44$0
Jan 20101841,77474.365.96$24,263
Dec 20090071.445.48$0
Nov 20093723,90174.593.75$42,382
Oct 20095525,87772.544.11$64,198
Sep 20091,0956,52465.543.06$91,761
Aug 20093761,70167.423.22$30,825
Jul 20097201,71661.133.46$49,959
Jun 20097471,60566.163.90$55,673
May 20099181,35754.743.93$55,579
Apr 20091,291046.773.59$60,380
Mar 20091,651042.144.06$69,573
Feb 20091,646032.814.63$54,005
Jan 20091,441035.865.37$51,674
Dec 20082,171037.105.98$80,544
Nov 2008544055.496.86$30,187

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                  385 bbl  × $ 42.99 =    $16,551
Casinghead gas         0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                  $16,551

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/45570 is the state's own key, not one this site invented.