SHERROD, FRANCIS F. 281

Name: SHERROD, FRANCIS F. 281 lease production and value, Nov 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LINN OPERATING, INC. (P-5 501545) in the HIGGINS, W. (MORROW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 166819District 10Field 41110600CondensateGasSave Export

Value, all time

$5.0 M

Nov 1997 – Nov 2012

Value, last 12 filed months

$1 k

at the published price for each month

Months reported

181

no gaps in the span

Streams

condensate, gas

The HIGGINS, W. (MORROW) 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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered

1963-01-24

as the register files it

Field class

Gas

the register's own label

Between wells

3,735 ft

minimum

From a lease line

1,867 ft

minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED EFF. 4/1/93”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	3,475 bbl	$74,703
Gas	Production	1,306,788 Mcf	$4,893,888
Total			$4,968,591

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 36.1309, -100.3061. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.13088, -100.30610 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,475 ft

1 wells filed one

Completion to plug

14.9 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 10,475 ft.

Completions filed

May 1997

1 of 1 wells

Plug dates filed

Apr 2012

1 of 1 wells

Last completion to plug: a median of 14.9 years across the 1 well that filed both dates, with the middle half between 14.9 years and 14.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29532350	1	10,475 ft	May 1997	Apr 2012	Yes

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 (181)

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

181 months


Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	14	0	92.66	2.91	$1,297
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	88	83.62	3.99	$351
Aug 2011	0	242	83.40	4.15	$1,004
Jul 2011	0	707	94.14	4.52	$3,194
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	63	105.96	4.33	$273
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	78	78.10	3.51	$274
Sep 2010	0	10	72.63	3.98	$40
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	180	72.55	4.74	$853
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	155	81.69	4.12	$639
Mar 2010	0	153	78.39	4.39	$671
Feb 2010	0	69	73.58	5.44	$376
Jan 2010	0	114	74.36	5.96	$680
Dec 2009	0	108	71.44	5.48	$592
Nov 2009	0	126	74.59	3.75	$473
Oct 2009	0	166	72.54	4.11	$682
Sep 2009	0	161	65.54	3.06	$493
Aug 2009	0	115	67.42	3.22	$370
Jul 2009	0	81	61.13	3.46	$281
Jun 2009	0	202	66.16	3.90	$787
May 2009	0	321	54.74	3.93	$1,260
Apr 2009	0	524	46.77	3.59	$1,880
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	173	32.81	4.63	$802
Jan 2009	0	509	35.86	5.37	$2,734
Dec 2008	0	419	37.10	5.98	$2,504
Nov 2008	0	262	55.49	6.86	$1,797
Oct 2008	0	543	75.24	6.92	$3,759
Sep 2008	0	555	101.76	7.88	$4,372
Aug 2008	0	628	114.22	8.48	$5,327
Jul 2008	0	758	131.08	11.39	$8,633
Jun 2008	0	804	131.33	13.03	$10,478
May 2008	0	1,008	123.17	11.57	$11,667
Apr 2008	0	1,084	110.31	10.45	$11,333
Mar 2008	0	1,188	101.90	9.66	$11,481
Feb 2008	0	1,459	92.53	8.77	$12,796
Jan 2008	0	386	90.38	8.21	$3,167
Dec 2007	0	2,642	88.33	7.30	$19,292
Nov 2007	0	268	91.67	7.29	$1,954
Oct 2007	0	1,820	82.85	6.92	$12,598
Sep 2007	0	2,794	75.84	6.24	$17,446
Aug 2007	164	3,047	69.06	6.39	$30,790
Jul 2007	0	3,171	70.90	6.39	$20,256
Jun 2007	0	3,298	62.00	7.55	$24,895
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	966	59.61	7.81	$7,540
Mar 2007	0	3,058	56.92	7.30	$22,329
Feb 2007	0	2,588	55.10	8.22	$21,263
Jan 2007	0	3,167	50.30	6.73	$21,304
Dec 2006	0	3,137	56.65	6.92	$21,703
Nov 2006	0	3,132	54.20	7.62	$23,858
Oct 2006	0	1,899	54.90	6.01	$11,420
Sep 2006	0	3,052	60.08	5.04	$15,374
Aug 2006	0	4,017	68.71	7.34	$29,484
Jul 2006	0	3,799	69.37	6.34	$24,096
Jun 2006	0	3,807	66.28	6.38	$24,303
May 2006	0	4,023	66.01	6.42	$25,848
Apr 2006	0	4,045	64.39	7.36	$29,773
Mar 2006	0	4,170	56.70	7.08	$29,536
Feb 2006	0	3,833	57.59	7.75	$29,710
Jan 2006	0	4,554	60.59	8.93	$40,682
Dec 2005	182	3,849	54.94	13.42	$61,635
Nov 2005	0	4,468	54.69	10.59	$47,309
Oct 2005	0	4,411	58.34	13.80	$60,853
Sep 2005	0	4,556	61.45	12.08	$55,032
Aug 2005	0	4,834	61.51	9.80	$47,358
Jul 2005	0	4,677	55.69	7.84	$36,685
Jun 2005	0	4,781	52.33	7.38	$35,289
May 2005	0	4,993	45.22	6.65	$33,209
Apr 2005	0	4,945	49.20	7.36	$36,398
Mar 2005	0	4,874	50.37	7.15	$34,873
Feb 2005	0	4,684	45.22	6.31	$29,565
Jan 2005	0	4,866	43.16	6.32	$30,764
Dec 2004	0	5,434	39.86	6.75	$36,685
Nov 2004	0	5,099	45.28	6.33	$32,279
Oct 2004	0	5,728	49.70	6.52	$37,318
Sep 2004	0	5,802	43.24	5.28	$30,657
Aug 2004	0	5,469	42.37	5.55	$30,357
Jul 2004	0	6,015	38.28	6.08	$36,596
Jun 2004	0	5,973	36.10	6.43	$38,424
May 2004	0	6,132	37.48	6.49	$39,825
Apr 2004	0	6,144	34.47	5.86	$35,994
Mar 2004	0	4,915	34.36	5.53	$27,181
Feb 2004	0	5,584	32.45	5.51	$30,766
Jan 2004	0	6,326	32.03	6.30	$39,852
Dec 2003	0	6,164	30.26	6.30	$38,843
Nov 2003	0	6,182	28.80	4.60	$28,407
Oct 2003	0	6,634	28.17	4.76	$31,575
Sep 2003	0	6,107	26.31	4.75	$29,004
Aug 2003	0	7,129	29.76	5.13	$36,570
Jul 2003	0	5,942	29.41	5.17	$30,725
Jun 2003	0	6,108	28.56	5.98	$36,544
May 2003	0	6,070	26.59	5.97	$36,254
Apr 2003	0	6,977	26.67	5.41	$37,727
Mar 2003	0	6,430	31.14	6.10	$39,198
Feb 2003	0	5,494	33.48	7.93	$43,545
Jan 2003	0	7,116	30.31	5.58	$39,722
Dec 2002	0	6,869	26.91	4.85	$33,340
Nov 2002	151	6,973	24.66	4.14	$32,571
Oct 2002	0	5,669	26.46	4.23	$23,975
Sep 2002	0	6,207	27.44	3.64	$22,564
Aug 2002	0	7,327	25.96	3.16	$23,184
Jul 2002	0	7,855	24.58	3.06	$24,050
Jun 2002	0	8,558	23.73	3.34	$28,569
May 2002	0	8,550	24.66	3.58	$30,643
Apr 2002	0	7,420	23.65	3.51	$26,061
Mar 2002	0	8,366	22.00	3.10	$25,957
Feb 2002	0	6,098	18.22	2.38	$14,487
Jan 2002	0	8,178	17.17	2.38	$19,428
Dec 2001	183	7,799	16.93	2.36	$21,538
Nov 2001	0	7,759	18.07	2.41	$18,664
Oct 2001	0	9,232	19.78	2.53	$23,347
Sep 2001	0	9,040	24.26	2.25	$20,352
Aug 2001	0	9,746	24.87	3.05	$29,756
Jul 2001	0	10,431	23.93	3.20	$33,349
Jun 2001	0	9,883	24.56	3.82	$37,794
May 2001	0	11,059	25.52	4.31	$47,635
Apr 2001	0	11,126	24.68	5.34	$59,361
Mar 2001	194	9,739	24.54	5.38	$57,122
Feb 2001	0	8,438	27.75	5.77	$48,663
Jan 2001	0	7,204	27.47	8.40	$60,505
Dec 2000	0	10,156	26.88	9.12	$92,648
Nov 2000	0	11,495	32.21	5.66	$65,039
Oct 2000	0	12,461	31.23	5.15	$64,118
Sep 2000	0	12,566	31.87	5.19	$65,174
Aug 2000	0	12,919	29.64	4.54	$58,662
Jul 2000	190	13,495	28.53	4.09	$60,612
Jun 2000	0	13,184	29.30	4.40	$57,973
May 2000	0	13,021	27.26	3.68	$47,914
Apr 2000	0	12,996	24.51	3.12	$40,496
Mar 2000	8	14,425	28.42	2.86	$41,479
Feb 2000	0	13,904	27.62	2.73	$37,909
Jan 2000	0	15,491	25.27	2.48	$38,425
Dec 1999	193	14,718	24.28	2.42	$40,358
Nov 1999	0	15,904	23.19	2.43	$38,710
Oct 1999	0	15,653	20.98	2.80	$43,886
Sep 1999	0	17,473	21.75	2.62	$45,759
Aug 1999	192	19,643	19.26	2.88	$60,183
Jul 1999	0	19,137	17.89	2.37	$45,400
Jun 1999	0	18,133	15.94	2.36	$42,832
May 1999	0	18,751	15.79	2.32	$43,521
Apr 1999	191	23,499	15.10	2.21	$54,771
Mar 1999	0	17,299	12.47	1.84	$31,801
Feb 1999	196	14,526	9.98	1.82	$28,361
Jan 1999	0	19,199	10.38	1.90	$36,477
Dec 1998	162	21,585	9.20	1.77	$39,768
Nov 1998	0	24,633	10.89	2.19	$53,841
Oct 1998	196	27,705	12.42	1.97	$56,991
Sep 1998	0	27,050	12.59	2.08	$56,335
Aug 1998	170	28,169	11.30	1.91	$55,649
Jul 1998	0	30,081	11.74	2.24	$67,299
Jun 1998	194	30,263	11.24	2.24	$69,887
May 1998	0	32,837	12.62	2.21	$72,450
Apr 1998	193	32,867	13.04	2.51	$84,859
Mar 1998	0	36,008	12.80	2.31	$83,158
Feb 1998	175	35,245	13.95	2.30	$83,474
Jan 1998	172	39,048	14.70	2.15	$86,669
Dec 1997	184	41,439	16.32	2.41	$102,916
Nov 1997	171	45,646	18.19	3.09	$144,077

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.

Aug 2012 — as filed, then multipliedworked

Condensate            14 bbl  × $ 92.66 =     $1,297
Gas                    0 Mcf  × $  2.91 =         $0

────────────────────────────────────────────────────
Month total                                   $1,297

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. 10/G/166819 is the state's own key, not one this site invented.