SHUTTERLY

Name: SHUTTERLY lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MIDWAY OPERATING COMPANY, L.L.C. (P-5 566398) in the KIOWA CREEK, SOUTH (MORROW U.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 99498District 10Field 49568500NGPA filingCondensateGasSave Export

Value, all time

$116 k

Jan 1993 – Jul 2010

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

211

no gaps in the span

Streams

condensate, gas

The KIOWA CREEK, SOUTH (MORROW U.) 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered

1979-08-21

as the register files it

Field class

Gas

the register's own label

Between wells

2,500 ft

minimum

From a lease line

1,250 ft

minimum

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

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 07/01/1999.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	204 bbl	$9,393
Gas	Production	20,536 Mcf	$106,745
Total			$116,138

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 36.3651, -100.4877. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.36508, -100.48773 · 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

9,536 ft

1 wells filed one

Completion to plug

28.3 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 9,536 ft.

Completions filed

Mar 1982

1 of 1 wells

Plug dates filed

Jul 2010

1 of 1 wells

Last completion to plug: a median of 28.3 years across the 1 well that filed both dates, with the middle half between 28.3 years and 28.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29531125	1	9,536 ft	Mar 1982	Jul 2010	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 (211)

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

211 months


Jul 2010	110	0	72.55	4.74	$7,981
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	116	88.33	7.30	$847
Nov 2007	0	130	91.67	7.29	$948
Oct 2007	0	137	82.85	6.92	$948
Sep 2007	0	115	75.84	6.24	$718
Aug 2007	0	127	69.06	6.39	$811
Jul 2007	0	187	70.90	6.39	$1,195
Jun 2007	0	141	62.00	7.55	$1,064
May 2007	0	199	58.74	7.85	$1,561
Apr 2007	0	154	59.61	7.81	$1,202
Mar 2007	0	207	56.92	7.30	$1,512
Feb 2007	0	190	55.10	8.22	$1,561
Jan 2007	0	174	50.30	6.73	$1,170
Dec 2006	0	173	56.65	6.92	$1,197
Nov 2006	0	214	54.20	7.62	$1,630
Oct 2006	0	261	54.90	6.01	$1,570
Sep 2006	0	91	60.08	5.04	$458
Aug 2006	0	176	68.71	7.34	$1,292
Jul 2006	0	241	69.37	6.34	$1,529
Jun 2006	0	232	66.28	6.38	$1,481
May 2006	0	246	66.01	6.42	$1,581
Apr 2006	0	210	64.39	7.36	$1,546
Mar 2006	0	325	56.70	7.08	$2,302
Feb 2006	0	354	57.59	7.75	$2,744
Jan 2006	0	308	60.59	8.93	$2,751
Dec 2005	0	338	54.94	13.42	$4,534
Nov 2005	0	378	54.69	10.59	$4,002
Oct 2005	0	427	58.34	13.80	$5,891
Sep 2005	0	427	61.45	12.08	$5,158
Aug 2005	0	488	61.51	9.80	$4,781
Jul 2005	0	315	55.69	7.84	$2,471
Jun 2005	0	315	52.33	7.38	$2,325
May 2005	0	186	45.22	6.65	$1,237
Apr 2005	0	22	49.20	7.36	$162
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	2	43.16	6.32	$13
Dec 2004	0	3	39.86	6.75	$20
Nov 2004	0	1	45.28	6.33	$6
Oct 2004	0	3	49.70	6.52	$20
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	2	42.37	5.55	$11
Jul 2004	0	10	38.28	6.08	$61
Jun 2004	0	14	36.10	6.43	$90
May 2004	0	26	37.48	6.49	$169
Apr 2004	0	15	34.47	5.86	$88
Mar 2004	0	18	34.36	5.53	$100
Feb 2004	0	12	32.45	5.51	$66
Jan 2004	0	13	32.03	6.30	$82
Dec 2003	0	15	30.26	6.30	$95
Nov 2003	0	41	28.80	4.60	$188
Oct 2003	0	48	28.17	4.76	$228
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	34	29.76	5.13	$174
Jul 2003	0	60	29.41	5.17	$310
Jun 2003	0	45	28.56	5.98	$269
May 2003	0	47	26.59	5.97	$281
Apr 2003	0	54	26.67	5.41	$292
Mar 2003	0	51	31.14	6.10	$311
Feb 2003	0	44	33.48	7.93	$349
Jan 2003	0	54	30.31	5.58	$301
Dec 2002	0	46	26.91	4.85	$223
Nov 2002	0	34	24.66	4.14	$141
Oct 2002	0	34	26.46	4.23	$144
Sep 2002	0	28	27.44	3.64	$102
Aug 2002	0	61	25.96	3.16	$193
Jul 2002	0	37	24.58	3.06	$113
Jun 2002	0	46	23.73	3.34	$154
May 2002	0	66	24.66	3.58	$237
Apr 2002	0	67	23.65	3.51	$235
Mar 2002	0	57	22.00	3.10	$177
Feb 2002	0	62	18.22	2.38	$147
Jan 2002	0	78	17.17	2.38	$185
Dec 2001	0	74	16.93	2.36	$175
Nov 2001	0	36	18.07	2.41	$87
Oct 2001	0	29	19.78	2.53	$73
Sep 2001	0	71	24.26	2.25	$160
Aug 2001	0	106	24.87	3.05	$324
Jul 2001	0	121	23.93	3.20	$387
Jun 2001	0	90	24.56	3.82	$344
May 2001	0	141	25.52	4.31	$607
Apr 2001	0	150	24.68	5.34	$800
Mar 2001	0	192	24.54	5.38	$1,032
Feb 2001	0	111	27.75	5.77	$640
Jan 2001	0	325	27.47	8.40	$2,730
Dec 2000	0	223	26.88	9.12	$2,034
Nov 2000	0	153	32.21	5.66	$866
Oct 2000	0	290	31.23	5.15	$1,492
Sep 2000	0	163	31.87	5.19	$845
Aug 2000	0	162	29.64	4.54	$736
Jul 2000	0	235	28.53	4.09	$961
Jun 2000	0	233	29.30	4.40	$1,025
May 2000	0	320	27.26	3.68	$1,178
Apr 2000	0	358	24.51	3.12	$1,116
Mar 2000	0	527	28.42	2.86	$1,507
Feb 2000	0	286	27.62	2.73	$780
Jan 2000	0	407	25.27	2.48	$1,010
Dec 1999	0	527	24.28	2.42	$1,277
Nov 1999	0	376	23.19	2.43	$915
Oct 1999	0	492	20.98	2.80	$1,379
Sep 1999	0	536	21.75	2.62	$1,404
Aug 1999	0	590	19.26	2.88	$1,697
Jul 1999	0	608	17.89	2.37	$1,442
Jun 1999	0	713	15.94	2.36	$1,684
May 1999	0	793	15.79	2.32	$1,841
Apr 1999	0	794	15.10	2.21	$1,753
Mar 1999	0	758	12.47	1.84	$1,393
Feb 1999	0	714	9.98	1.82	$1,298
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	0	18.97	2.31	$0
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	0	0	18.95	1.94	$0
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	0	0	23.48	3.54	$0
Dec 1996	0	0	23.32	—	$0
Nov 1996	0	0	21.97	—	$0
Oct 1996	0	0	23.31	—	$0
Sep 1996	0	0	22.22	—	$0
Aug 1996	0	0	20.26	—	$0
Jul 1996	0	0	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	0	16.98	—	$0
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	94	0	15.03	—	$1,413
Aug 1993	0	0	15.66	—	$0
Jul 1993	0	0	15.46	—	$0
Jun 1993	0	0	16.79	—	$0
May 1993	0	0	17.68	—	$0
Apr 1993	0	0	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	0	16.93	—	$0

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.

Jul 2010 — as filed, then multipliedworked

Condensate           110 bbl  × $ 72.55 =     $7,981
Gas                    0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                   $7,981

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/99498 is the state's own key, not one this site invented.