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SHEARER -B-

Operated by O & O OPERATORS, LLC. (P-5 617028) in the SHEARER field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5863District 08Field 82822001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

The SHEARER field

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 8 leases and 72 wells, and the rule below applies to all of them.

Discovered
1938-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 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
OilDisposition42,897 bbl$1,089,902
Casinghead gasProduction55 Mcf$31
Total$1,089,934

42 Mcf of this lease's gas, across 42 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (23)

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 31.1368, -102.6288. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.13691, -102.62898 · 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
69.6%
16 of 23 wells
With a plug date
65.2%
15 of 23 wells
Median depth
1,489 ft
20 wells filed one
Completion to plug
36.5 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
1669.6%
A plug date is filed
1565.2%
BothOn the schedule and plugged. Neither fact cancels the other.
1565.2%
NeitherNo plug date, and not on the schedule.
730.4%

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

Total depth in feet, 20 of 23 wells. Median 1,489 ft, with the middle half between 1,400 and 1,525 ft; the shallowest is 1,400 ft and the deepest 5,400 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 23 wells, Jun 1960 – May 2009. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 1960 – May 2009
8 of 23 wells; 15 filed none
Plug dates filed
Dec 2022 – Mar 2023
15 of 23 wells; 8 filed none

Last completion to plug: a median of 36.5 years across the 4 wells that filed both dates, with the middle half between 30.5 years and 37.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

23 wells

42-3710455831,400 ft—Feb 2023Yes
42-3710456125,400 ft—Dec 2022Yes
42-371045644W1,700 ft—Jan 2023Yes
42-3710456551,400 ft—Jan 2023Yes
42-3710456661,472 ft—Feb 2023Yes
42-3710456781,400 ft—Jan 2023Yes
42-371045689W1,483 ft—Feb 2023Yes
42-3710456971,400 ft—Feb 2023Yes
42-37104570101,400 ft—Feb 2023Yes
42-37104572121,400 ft—Jan 2023Yes
42-3710457515W1,400 ft—Mar 2023Yes
42-3710146918W1,730 ft———
42-3710147528————
42-3710457111————
42-3710457616W1,495 ft———
42-371045631W1,455 ftMay 2009Mar 2023Yes
42-3710457313W1,511 ftFeb 1987Feb 2023Yes
42-37101468171,738 ftJan 1986Jan 2023Yes
42-37101471231,523 ftDec 1985—Yes
42-3710147022W1,508 ftOct 1985Feb 2023Yes
42-37101472241,517 ftJul 1960——
42-3710147325—Jun 1960——
42-37101474261,530 ftJun 1960——

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
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 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
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 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 201637033.011.79$1,221
Feb 201638026.472.06$1,006
Jan 201674027.352.36$2,024
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201575043.552.43$3,266
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201538056.152.88$2,134
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 201473070.464.25$5,144
Oct 20140078.303.90$0
Sep 201473086.164.05$6,290
Aug 201413089.394.04$1,162
Jul 2014143096.564.18$13,808
Jun 20140098.164.74$0
May 201473094.734.73$6,915
Apr 2014137095.944.81$13,144
Mar 2014211095.895.06$20,233
Feb 201473097.406.19$7,110
Jan 201473090.404.86$6,599
Dec 201371091.824.35$6,519
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 201372094.834.15$6,828
Apr 2013139093.964.28$13,060
Mar 201373093.623.91$6,834
Feb 201372091.233.42$6,569
Jan 2013140091.603.42$12,824
Dec 2012142086.773.42$12,321
Nov 2012143086.953.62$12,434
Oct 2012206089.383.40$18,412
Sep 201274094.672.92$7,006
Aug 2012142092.662.91$13,158
Jul 201264085.133.02$5,448
Jun 201275079.822.52$5,987
May 201271091.612.49$6,504
Apr 201200101.652.00$0
Mar 2012690105.052.22$7,248
Feb 2012700101.102.57$7,077
Jan 20120098.092.73$0
Dec 201174096.873.24$7,168
Nov 201170095.723.31$6,700
Oct 2011142084.983.65$12,067
Sep 201171083.623.99$5,937
Aug 2011144083.404.15$12,010
Jul 20110094.144.52$0
Jun 201124092.904.64$2,230
May 201143098.134.40$4,220
Apr 2011470105.964.33$4,980
Mar 201125096.364.06$2,409
Feb 201147085.644.18$4,025
Jan 201124086.504.59$2,076
Dec 201045085.734.35$3,858
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201024072.633.98$1,743
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 2008470101.767.88$4,783
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 2008460131.3313.03$6,041
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 2008240101.909.66$2,446
Feb 20080092.538.77$0
Jan 200848090.388.21$4,338
Dec 20070088.337.30$0
Nov 200723091.677.29$2,108
Oct 200746082.856.92$3,811
Sep 200724075.846.24$1,820
Aug 20070069.066.39$0
Jul 200724070.906.39$1,702
Jun 200754062.007.55$3,348
May 200791058.747.85$5,345
Apr 200723059.617.81$1,371
Mar 200791056.927.30$5,180
Feb 200747055.108.22$2,590
Jan 200772050.306.73$3,622
Dec 200669056.656.92$3,909
Nov 200645054.207.62$2,439
Oct 200622054.906.01$1,208
Sep 200666060.085.04$3,965
Aug 200669068.717.34$4,741
Jul 200693069.376.34$6,451
Jun 200668066.286.38$4,507
May 200666066.016.42$4,357
Apr 2006119064.397.36$7,662
Mar 200672056.707.08$4,082
Feb 200624057.597.75$1,382
Jan 200672060.598.93$4,362
Dec 200586054.9413.42$4,725
Nov 200570054.6910.59$3,828
Oct 200597058.3413.80$5,659
Sep 2005113061.4512.08$6,944
Aug 200545061.519.80$2,768
Jul 200569055.697.84$3,843
Jun 200524052.337.38$1,256
May 200523045.226.65$1,040
Apr 200548049.207.36$2,362
Mar 200562050.377.15$3,123
Feb 200548045.226.31$2,171
Jan 200572043.166.32$3,108
Dec 200469039.866.75$2,750
Nov 200475045.286.33$3,396
Oct 200472049.706.52$3,578
Sep 200487043.245.28$3,762
Aug 200453042.375.55$2,246
Jul 200451038.286.08$1,952
Jun 200461036.106.43$2,202
May 2004178037.486.49$6,671
Apr 2004118034.475.86$4,067
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 2003358028.174.76$10,085
Sep 2003354026.314.75$9,314
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 1998162112.592.08$2,042
Aug 1998162111.301.91$1,833
Jul 1998157111.742.24$1,845
Jun 19980111.242.24$2
May 1998163112.622.21$2,059
Apr 199883113.042.51$1,085
Mar 1998169112.802.31$2,166
Feb 19980113.952.30$2
Jan 1998316114.702.15$4,647
Dec 19970116.322.41$2
Nov 1997155118.193.09$2,823
Oct 1997143019.253.15$2,753
Sep 1997221017.742.95$3,921
Aug 1997306017.862.55$5,465
Jul 1997229017.582.25$4,026
Jun 1997236017.242.26$4,069
May 1997413018.972.31$7,835
Apr 1997471017.882.08$8,421
Mar 1997459018.951.94$8,698
Feb 19970120.492.21$2
Jan 1997362123.483.54$8,503
Dec 1996689023.32—$16,067
Nov 1996375021.97—$8,239
Oct 1996525023.31—$12,238
Sep 1996184022.22—$4,088
Aug 1996358020.26—$7,253
Jul 1996283019.55—$5,533
Jun 1996385118.73—$7,211
May 1996388119.43—$7,539
Apr 1996509121.51—$10,949
Mar 1996503119.38—$9,748
Feb 1996569116.98—$9,662
Jan 1996742117.07—$12,666
Dec 1995728117.19—$12,514
Nov 1995744116.00—$11,904
Oct 1995738115.43—$11,387
Sep 1995792116.18—$12,815
Aug 1995533115.92—$8,485
Jul 1995701115.24—$10,683
Jun 1995715116.41—$11,733
May 1995699117.56—$12,274
Apr 1995527117.73—$9,344
Mar 1995879116.44—$14,451
Feb 1995893116.58—$14,806
Jan 1995904115.92—$14,392
Dec 1994712115.03—$10,701
Nov 1994546115.90—$8,681
Oct 1994860115.58—$13,399
Sep 1994176115.29—$2,691
Aug 1994988116.13—$15,936
Jul 1994840117.56—$14,750
Jun 1994860117.09—$14,697
May 1994883115.88—$14,022
Apr 1994698114.14—$9,870
Mar 1994929112.46—$11,575
Feb 1994533112.50—$6,663
Jan 1994909112.66—$11,508
Dec 1993879112.33—$10,838
Nov 1993731114.49—$10,592
Oct 1993705115.85—$11,174
Sep 1993905115.03—$13,602
Aug 1993708115.66—$11,087
Jul 1993465115.46—$7,189
Jun 1993526116.79—$8,832
May 1993573117.68—$10,131
Apr 1993758118.05—$13,682
Mar 1993530118.14—$9,614
Feb 1993692117.90—$12,387
Jan 1993709116.93—$12,003

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.

Mar 2016 — as filed, then multipliedworked
Oil                   37 bbl  × $ 33.01 =     $1,221
Casinghead gas         0 Mcf  × $  1.79 =         $0

────────────────────────────────────────────────────
Month total                                   $1,221

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/5863 is the state's own key, not one this site invented.