WOLF 29

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

Oil lease lease 50269District 08Field 93854500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$493 k
Dec 2017 – Mar 2021
Value, last 12 filed months
$31
at the published price for each month
Months reported
40
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 18 leases and 27 wells, and the rule below applies to all of them.

Discovered
1957-04-28
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

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.

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
OilDisposition7,932 bbl$482,280
Casinghead gasProduction3,497 Mcf$10,737
Total$493,017

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 32.5008, -101.2459. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.50082, -101.24592 · 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
7,473 ft
1 wells filed one
Completion to plug
2.8 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 7,473 ft.

Completions filed
Dec 2017
1 of 1 wells
Plug dates filed
Oct 2020
1 of 1 wells

Last completion to plug: a median of 2.8 years across the 1 well that filed both dates, with the middle half between 2.8 years and 2.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2273930817,473 ftDec 2017Oct 2020Yes

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 (40)

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

40 months

Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200516.921.81$9
Apr 202001214.751.80$22
Mar 202001430.341.86$26
Feb 202001149.881.98$22
Jan 202001857.252.09$38
Dec 201912059.012.30$105
Nov 20190755.302.75$19
Oct 201901053.472.42$24
Sep 201917955.052.66$265
Aug 201918010453.112.30$9,799
Jul 2019010656.272.46$261
Jun 2019211952.782.49$402
May 201915411358.482.74$9,316
Apr 201917813662.632.75$11,522
Mar 2019012856.803.06$392
Feb 201917611450.852.79$9,268
Jan 201919814646.033.23$9,585
Dec 2018016546.594.19$691
Nov 201818422852.934.24$10,705
Oct 2018011961.443.40$404
Sep 201818060559.543.11$12,598
Aug 201848137059.403.07$29,706
Jul 201836760565.142.93$25,680
Jun 201873626360.183.08$45,102
May 2018542065.382.90$35,436
Apr 2018357063.842.90$22,791
Mar 2018914061.222.79$55,955
Feb 20181,318061.782.77$81,426
Jan 20181,612062.874.01$101,346
Dec 2017351057.272.92$20,102

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.

May 2020 — as filed, then multipliedworked
Oil                    0 bbl  × $ 16.92 =         $0
Casinghead gas         5 Mcf  × $  1.81 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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/50269 is the state's own key, not one this site invented.