BONNETHEAD 53-2-23 LOV

Operated by SHELL WESTERN E&P (P-5 774719) in the TWO GEORGES (BONE SPRING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 46435District 08Field 92100050OilCasinghead gasSave
Value, all time
$18.9 M
Apr 2015 – Feb 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
59
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition365,563 bbl$16,150,101
Casinghead gasProduction1,018,621 Mcf$2,745,515
Total$18,895,616

Wells on this lease (2)

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 31.8255, -103.5261. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.82552, -103.52611 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
11,554 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
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

Between 11,476 and 11,631 ft, median 11,554 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2015
2 of 2 wells

2 wells

42-301323281HS11,476 ftApr 2015Yes
42-301323292HS11,631 ftApr 2015Yes

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 (59)

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

59 months

Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 2017803049.292.98$39,580
Sep 20172,7646,30047.523.09$150,795
Aug 20171,7463,35945.373.00$89,308
Jul 20173,7637,19443.873.09$187,293
Jun 20175,87210,74042.493.09$282,659
May 20174,2119,81045.373.26$223,067
Apr 20174,7199,76647.933.21$257,546
Mar 20174,5727,29946.772.98$235,610
Feb 20175,28310,74650.452.95$298,256
Jan 20177,01613,17549.413.42$391,703
Dec 20168,24614,81848.763.72$457,240
Nov 20167,31515,36442.492.64$351,442
Oct 20168,70316,33846.193.09$452,480
Sep 20167,71615,43141.553.10$368,446
Aug 20167,55415,87241.442.92$359,453
Jul 20168,92319,02841.622.92$427,020
Jun 20167,17214,69045.352.69$364,705
May 20165,78111,63342.521.99$268,970
Apr 201611,65632,74336.561.99$491,336
Mar 201611,82133,03033.011.79$449,467
Feb 201610,62831,84626.472.06$347,042
Jan 201613,48336,66227.352.36$455,442
Dec 201516,12744,66532.362.00$611,263
Nov 201516,25447,52438.792.17$733,493
Oct 201520,68064,89343.552.43$1,058,082
Sep 201529,04393,77242.992.76$1,507,221
Aug 201526,62188,55340.162.87$1,323,467
Jul 201527,88491,45348.152.95$1,611,951
Jun 201535,106107,85156.152.88$2,282,121
May 201537,508120,35755.212.96$2,426,526
Apr 20156,59323,70949.822.71$392,633

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.

Oct 2017 — as filed, then multipliedworked
Oil                  803 bbl  × $ 49.29 =    $39,580
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                  $39,580

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/46435 is the state's own key, not one this site invented.