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

Operated by TEXAS AMERICAN RESOURCES COMPANY (P-5 844344) in the SHARE, SE. (MORROW, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2240District 10Field 82696800OilCasinghead gasSave Export

Value, all time

$2.0 M

Jan 1993 – Oct 2008

Value, last 12 filed months

at the published price for each month

Months reported

190

no gaps in the span

Streams

oil, casinghead gas

The SHARE, SE. (MORROW, UPPER) 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 42 leases and 92 wells, and the rule below applies to all of them.

Discovered

1959-01-12

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: “FIELD CORRECTION 3/1/93”

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
Oil	Disposition	79,601 bbl	$1,838,088
Casinghead gas	Production	159,199 Mcf	$132,320
Total			$1,970,407

102,572 Mcf of this lease's gas, across 47 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 (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 36.3402, -101.0227. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.34023, -101.02271 · 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

7,400 ft

1 wells filed one

Completion to plug

48.3 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 7,400 ft.

Completions filed

Mar 1960

1 of 1 wells

Plug dates filed

Jun 2008

1 of 1 wells

Last completion to plug: a median of 48.3 years across the 1 well that filed both dates, with the middle half between 48.3 years and 48.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-35700548	1045	7,400 ft	Mar 1960	Jun 2008	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 (190)

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

190 months


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	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	54	0	56.92	7.30	$3,074
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	95	0	61.45	12.08	$5,838
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	174	0	39.86	6.75	$6,936
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	5	0	38.28	6.08	$191
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	156	0	32.03	6.30	$4,997
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	566	0	28.17	4.76	$15,944
Sep 2003	367	0	26.31	4.75	$9,656
Aug 2003	559	0	29.76	5.13	$16,636
Jul 2003	369	0	29.41	5.17	$10,852
Jun 2003	562	0	28.56	5.98	$16,051
May 2003	596	0	26.59	5.97	$15,848
Apr 2003	376	0	26.67	5.41	$10,028
Mar 2003	364	0	31.14	6.10	$11,335
Feb 2003	751	0	33.48	7.93	$25,143
Jan 2003	569	0	30.31	5.58	$17,246
Dec 2002	368	0	26.91	4.85	$9,903
Nov 2002	752	0	24.66	4.14	$18,544
Oct 2002	955	0	26.46	4.23	$25,269
Sep 2002	946	0	27.44	3.64	$25,958
Aug 2002	1,068	0	25.96	3.16	$27,725
Jul 2002	1,147	0	24.58	3.06	$28,193
Jun 2002	1,340	0	23.73	3.34	$31,798
May 2002	1,096	0	24.66	3.58	$27,027
Apr 2002	1,358	0	23.65	3.51	$32,117
Mar 2002	1,341	0	22.00	3.10	$29,502
Feb 2002	963	0	18.22	2.38	$17,546
Jan 2002	1,522	0	17.17	2.38	$26,133
Dec 2001	1,543	0	16.93	2.36	$26,123
Nov 2001	1,271	0	18.07	2.41	$22,967
Oct 2001	1,572	0	19.78	2.53	$31,094
Sep 2001	1,131	0	24.26	2.25	$27,438
Aug 2001	1,732	0	24.87	3.05	$43,075
Jul 2001	1,268	0	23.93	3.20	$30,343
Jun 2001	1,535	0	24.56	3.82	$37,700
May 2001	1,745	0	25.52	4.31	$44,532
Apr 2001	1,464	0	24.68	5.34	$36,132
Mar 2001	2,052	0	24.54	5.38	$50,356
Feb 2001	1,107	0	27.75	5.77	$30,719
Jan 2001	2,201	0	27.47	8.40	$60,461
Dec 2000	1,694	0	26.88	9.12	$45,535
Nov 2000	1,706	0	32.21	5.66	$54,950
Oct 2000	1,542	0	31.23	5.15	$48,157
Sep 2000	1,340	0	31.87	5.19	$42,706
Aug 2000	1,716	0	29.64	4.54	$50,862
Jul 2000	1,733	0	28.53	4.09	$49,442
Jun 2000	1,108	0	29.30	4.40	$32,464
May 2000	1,475	19	27.26	3.68	$40,278
Apr 2000	1,053	2	24.51	3.12	$25,815
Mar 2000	1,587	46	28.42	2.86	$45,234
Feb 2000	927	408	27.62	2.73	$26,716
Jan 2000	1,303	409	25.27	2.48	$33,941
Dec 1999	733	164	24.28	2.42	$18,195
Nov 1999	734	343	23.19	2.43	$17,856
Oct 1999	1,288	665	20.98	2.80	$28,887
Sep 1999	1,280	660	21.75	2.62	$29,568
Aug 1999	1,266	813	19.26	2.88	$26,721
Jul 1999	893	604	17.89	2.37	$17,409
Jun 1999	1,083	1,583	15.94	2.36	$21,002
May 1999	901	1,761	15.79	2.32	$18,314
Apr 1999	889	1,490	15.10	2.21	$16,714
Mar 1999	363	1,184	12.47	1.84	$6,703
Feb 1999	535	1,585	9.98	1.82	$8,221
Jan 1999	528	1,384	10.38	1.90	$8,110
Dec 1998	176	1,447	9.20	1.77	$4,185
Nov 1998	361	1,996	10.89	2.19	$8,294
Oct 1998	180	1,943	12.42	1.97	$6,062
Sep 1998	0	1,899	12.59	2.08	$3,955
Aug 1998	178	2,440	11.30	1.91	$6,665
Jul 1998	356	1,418	11.74	2.24	$7,352
Jun 1998	0	2,234	11.24	2.24	$4,998
May 1998	178	2,367	12.62	2.21	$7,469
Apr 1998	360	2,256	13.04	2.51	$10,346
Mar 1998	185	1,411	12.80	2.31	$5,627
Feb 1998	0	1,788	13.95	2.30	$4,111
Jan 1998	316	1,146	14.70	2.15	$7,115
Dec 1997	179	2,007	16.32	2.41	$7,760
Nov 1997	175	1,838	18.19	3.09	$8,859
Oct 1997	357	1,705	19.25	3.15	$12,243
Sep 1997	0	1,826	17.74	2.95	$5,396
Aug 1997	178	1,821	17.86	2.55	$7,831
Jul 1997	183	1,869	17.58	2.25	$7,417
Jun 1997	358	1,765	17.24	2.26	$10,156
May 1997	177	1,933	18.97	2.31	$7,820
Apr 1997	0	1,235	17.88	2.08	$2,572
Mar 1997	177	1,789	18.95	1.94	$6,823
Feb 1997	368	1,669	20.49	2.21	$11,222
Jan 1997	0	1,705	23.48	3.54	$6,035
Dec 1996	180	1,436	23.32	—	$4,198
Nov 1996	346	1,808	21.97	—	$7,602
Oct 1996	357	1,626	23.31	—	$8,322
Sep 1996	0	1,960	22.22	—	$0
Aug 1996	367	1,767	20.26	—	$7,435
Jul 1996	0	2,064	19.55	—	$0
Jun 1996	335	1,999	18.73	—	$6,275
May 1996	0	2,088	19.43	—	$0
Apr 1996	325	1,965	21.51	—	$6,991
Mar 1996	368	1,947	19.38	—	$7,132
Feb 1996	0	1,836	16.98	—	$0
Jan 1996	351	1,404	17.07	—	$5,992
Dec 1995	0	1,451	17.19	—	$0
Nov 1995	349	1,837	16.00	—	$5,584
Oct 1995	0	1,939	15.43	—	$0
Sep 1995	362	1,741	16.18	—	$5,857
Aug 1995	0	2,021	15.92	—	$0
Jul 1995	353	1,982	15.24	—	$5,380
Jun 1995	0	1,334	16.41	—	$0
May 1995	0	1,892	17.56	—	$0
Apr 1995	351	1,901	17.73	—	$6,223
Mar 1995	0	1,858	16.44	—	$0
Feb 1995	292	1,645	16.58	—	$4,841
Jan 1995	343	1,978	15.92	—	$5,461
Dec 1994	0	1,996	15.03	—	$0
Nov 1994	285	1,985	15.90	—	$4,532
Oct 1994	0	0	15.58	—	$0
Sep 1994	321	1,863	15.29	—	$4,908
Aug 1994	0	1,081	16.13	—	$0
Jul 1994	249	2,864	17.56	—	$4,372
Jun 1994	271	2,307	17.09	—	$4,631
May 1994	278	2,972	15.88	—	$4,415
Apr 1994	347	3,494	14.14	—	$4,907
Mar 1994	303	3,128	12.46	—	$3,775
Feb 1994	335	2,673	12.50	—	$4,188
Jan 1994	336	3,076	12.66	—	$4,254
Dec 1993	240	2,487	12.33	—	$2,959
Nov 1993	302	3,008	14.49	—	$4,376
Oct 1993	297	3,183	15.85	—	$4,707
Sep 1993	348	3,208	15.03	—	$5,230
Aug 1993	349	2,158	15.66	—	$5,465
Jul 1993	308	2,860	15.46	—	$4,762
Jun 1993	290	2,329	16.79	—	$4,869
May 1993	288	3,159	17.68	—	$5,092
Apr 1993	312	2,854	18.05	—	$5,632
Mar 1993	289	3,220	18.14	—	$5,242
Feb 1993	0	2,356	17.90	—	$0
Jan 1993	15	832	16.93	—	$254

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 2007 — as filed, then multipliedworked

Oil                   54 bbl  × $ 56.92 =     $3,074
Casinghead gas         0 Mcf  × $  7.30 =         $0

────────────────────────────────────────────────────
Month total                                   $3,074

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/O/2240 is the state's own key, not one this site invented.