SHEPHERD

Operated by PRUITT OIL & GAS (P-5 682020) in the DEER CREEK, SE (MISS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19832District 09Field 23943500NGPA filingOilCasinghead gasSaveExport
Value, all time
$213 k
Jan 1993 – Jan 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
205
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 4 wells, and the rule below applies to all of them.

Discovered
1980-02-01
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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition7,501 bbl$208,909
Casinghead gasProduction5,063 Mcf$3,985
Total$212,894

3,469 Mcf of this lease's gas, across 27 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 (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 33.6112, -98.2363. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.61116, -98.23631 · 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
100.0%
2 of 2 wells
Median depth
5,979 ft
2 wells filed one
Completion to plug
23.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 5,965 and 5,992 ft, median 5,979 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1979 – Nov 1979
2 of 2 wells
Plug dates filed
Jan 1997 – Nov 2009
2 of 2 wells

Last completion to plug: a median of 23.7 years across the 2 wells that filed both dates, with the middle half between 20.4 years and 26.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0773150425,965 ftNov 1979Jan 1997Yes
42-0773146015,992 ftSep 1979Nov 2009Yes

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 (205)

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

205 months

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 200843055.496.86$2,386
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 2008850123.1711.57$10,469
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 200891090.388.21$8,225
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 200789075.846.24$6,750
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200788058.747.85$5,169
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 200789050.306.73$4,477
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 200682060.085.04$4,927
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 200683066.286.38$5,501
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 200684056.707.08$4,763
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 200587054.9413.42$4,780
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 200586061.4512.08$5,285
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 2005162052.337.38$8,477
May 20050045.226.65$0
Apr 2005156049.207.36$7,675
Mar 20050050.377.15$0
Feb 2005155045.226.31$7,009
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004170049.706.52$8,449
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 2004167036.106.43$6,029
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 2004164034.365.53$5,635
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 2003176030.266.30$5,326
Nov 20030028.804.60$0
Oct 2003329028.174.76$9,268
Sep 20030026.314.75$0
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 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998110012.802.31$1,408
Feb 199802613.952.30$60
Jan 19981153414.702.15$1,764
Dec 199705816.322.41$140
Nov 1997134018.193.09$2,437
Oct 199709619.253.15$302
Sep 199712410517.742.95$2,510
Aug 1997015417.862.55$393
Jul 199715513817.582.25$3,035
Jun 1997011017.242.26$248
May 1997010818.972.31$249
Apr 199710917117.882.08$2,305
Mar 1997019118.951.94$370
Feb 19977819120.492.21$2,020
Jan 19979421223.483.54$2,958
Dec 199612733923.32$2,962
Nov 199613324921.97$2,922
Oct 199612926523.31$3,007
Sep 199613428922.22$2,977
Aug 199624838820.26$5,024
Jul 199661019.55$1,193
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 199550016.00$800
Oct 199598015.43$1,512
Sep 19950016.18$0
Aug 199524015.92$382
Jul 199562015.24$945
Jun 19950016.41$0
May 199542017.56$738
Apr 19950017.73$0
Mar 199526016.44$427
Feb 19950016.58$0
Jan 199547115.92$748
Dec 199446015.03$691
Nov 19940015.90$0
Oct 199470015.58$1,091
Sep 199459115.29$902
Aug 199461116.13$984
Jul 199461117.56$1,071
Jun 199459117.09$1,008
May 1994123115.88$1,953
Apr 199462114.14$877
Mar 19941249812.46$1,545
Feb 1994609812.50$750
Jan 19941229812.66$1,545
Dec 19931239812.33$1,517
Nov 199312014014.49$1,739
Oct 199312314015.85$1,950
Sep 199312414015.03$1,864
Aug 199317214015.66$2,694
Jul 199311914015.46$1,840
Jun 199317714016.79$2,972
May 199327014017.68$4,774
Apr 199317614018.05$3,177
Mar 199334314018.14$6,222
Feb 199317214017.90$3,079
Jan 199324914016.93$4,216

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.

Nov 2008 — as filed, then multipliedworked
Oil                   43 bbl  × $ 55.49 =     $2,386
Casinghead gas         0 Mcf  × $  6.86 =         $0

────────────────────────────────────────────────────
Month total                                   $2,386

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. 09/O/19832 is the state's own key, not one this site invented.