SHACKELFORD 10Q

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SPRABERRY (TREND AREA) R 40 EXC field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 50904District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$27.7 M
Aug 2018 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
94
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 581 leases and 1,079 wells, and the rule below applies to all of them.

Discovered
2013-12-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

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: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
OilDisposition385,297 bbl$21,786,846
Casinghead gasProduction1,908,591 Mcf$5,936,248
Total$27,723,093

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 31.7388, -101.9056. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73885, -101.90555 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,111 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
00.0%
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.
1100.0%

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 9,111 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-3294171217H9,111 ftAug 2018

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 (94)

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

94 months

May 20261,04419,334106.413.05$169,980
Apr 20261,12720,08198.932.87$169,121
Mar 20261,04520,86589.753.15$159,502
Feb 202690717,10763.503.75$121,751
Jan 202689815,94659.138.00$180,634
Dec 20251,22920,10456.664.41$158,361
Nov 20251,11216,20958.593.93$128,796
Oct 20251,05514,89459.383.30$111,868
Sep 20255859,20562.743.08$65,026
Aug 202586014,10363.933.01$97,497
Jul 202591315,80066.743.32$113,314
Jun 202567214,76566.483.13$90,870
May 20253336,32860.553.23$40,617
Apr 202557910,66562.363.54$73,894
Mar 20251433,62567.704.27$25,154
Feb 20253328,15470.884.34$58,927
Jan 202572414,25074.324.28$114,779
Dec 202479717,21968.993.12$108,732
Nov 202482816,68269.052.20$93,848
Oct 202477617,15871.372.28$94,527
Sep 202489217,62869.612.36$103,771
Aug 202491917,39075.632.06$105,391
Jul 202483415,80779.932.15$100,593
Jun 202489717,73878.082.63$116,759
May 202490612,41278.812.20$98,689
Apr 202490114,74984.451.66$100,561
Mar 202475916,09780.301.55$85,820
Feb 202488720,94176.091.78$104,843
Jan 20241,14327,92073.023.30$175,533
Dec 20231,23426,74171.262.61$157,748
Nov 20231,24327,12977.892.81$172,984
Oct 20231,37225,10685.443.09$194,733
Sep 20231,36024,92989.042.74$189,276
Aug 20231,41227,11180.522.67$186,159
Jul 20231,46728,90974.852.64$186,177
Jun 20231,32423,65668.962.26$144,730
May 20231,57923,87870.622.23$164,695
Apr 20234,67921,38278.122.24$413,371
Mar 20234,70420,76472.852.39$392,378
Feb 20233,59716,48975.112.47$310,827
Jan 20233,43713,33376.533.39$308,202
Dec 20222,29414,17076.415.73$256,466
Nov 202271013,65985.005.65$137,471
Oct 20221,72416,73387.185.86$248,417
Sep 20221,95816,42284.888.16$300,259
Aug 20222,51017,35394.529.13$395,629
Jul 20222,55013,285101.587.54$359,226
Jun 20221,207539115.097.98$143,213
May 2022688102109.378.43$76,107
Apr 2022839104.226.84$8,712
Mar 20222461,612108.885.08$34,968
Feb 202285991.054.86$7,783
Jan 20225144,33281.844.54$61,723
Dec 20211,46112,61271.323.90$153,374
Nov 20211,06116,22377.435.24$167,111
Oct 20211,71821,13679.795.71$257,848
Sep 20211,72118,32469.865.35$218,279
Aug 20212,02820,70766.024.22$221,284
Jul 20212,07420,11970.783.98$226,913
Jun 20211,56221,10769.493.38$179,898
May 20212,50422,84163.483.02$227,881
Apr 20212,77320,23260.362.76$223,187
Mar 20212,83119,41261.302.72$226,282
Feb 20213,11024,50857.805.55$315,727
Jan 20213,91832,03750.412.81$287,539
Dec 20203,96930,41744.642.68$258,556
Nov 20203,34127,42838.772.71$203,766
Oct 20204,03530,00036.972.48$223,527
Sep 20204,55528,56337.091.99$225,815
Aug 20204,72830,27139.982.39$261,225
Jul 20205,81036,73438.371.83$289,974
Jun 20207,69543,76834.901.69$342,537
May 20207,06834,43116.921.81$182,074
Apr 20205,36428,92414.751.80$131,309
Mar 20207,62635,22830.341.86$296,764
Feb 20209,32135,98449.881.98$536,204
Jan 202010,04140,30557.252.09$659,276
Dec 201910,28738,12459.012.30$694,887
Nov 201912,92638,54855.302.75$820,842
Oct 201911,23427,15853.472.42$666,365
Sep 20197,97413,64455.052.66$475,225
Aug 20194,0326,28653.112.30$228,625
Jul 20191,5372,75156.272.46$93,255
Jun 20196021,29952.782.49$35,010
May 201910,93432,62458.482.74$728,821
Apr 201914,76238,70262.632.75$1,031,002
Mar 201915,44233,96756.803.06$981,116
Feb 201916,28432,55150.852.79$918,931
Jan 201918,42833,93246.033.23$957,779
Dec 201818,86732,32046.594.19$1,014,287
Nov 201818,14525,14752.934.24$1,066,969
Oct 201817,83221,91861.443.40$1,170,077
Sep 201820,23226,67559.543.11$1,287,519
Aug 201819,39120,80659.403.07$1,215,628

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 2026 — as filed, then multipliedworked
Oil                1,044 bbl  × $106.41 =   $111,092
Casinghead gas    19,334 Mcf  × $  3.05 =    $58,888

────────────────────────────────────────────────────
Month total                                 $169,980

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/50904 is the state's own key, not one this site invented.