SHELL FEE

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) in the PARSELL, EAST (MORROW, UP.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3550District 10Field 69428500OilCasinghead gasSaveExport
Value, all time
$438 k
Jan 1993 – Apr 2002
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
112
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1968-03-08
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

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
OilDisposition5,451 bbl$94,934
Casinghead gasProduction305,268 Mcf$343,102
Total$438,036

179,120 Mcf of this lease's gas, across 48 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 36.0015, -100.5181. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.00148, -100.51806 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
11,004 ft
1 wells filed one
Completion to plug
33.8 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 11,004 ft.

Completions filed
Mar 1968
1 of 1 wells
Plug dates filed
Jan 2002
1 of 1 wells

Last completion to plug: a median of 33.8 years across the 1 well that filed both dates, with the middle half between 33.8 years and 33.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21120053112911,004 ftMar 1968Jan 2002Yes

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 (112)

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

112 months

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 2001161019.782.53$3,185
Sep 20010024.262.25$0
Aug 200101924.873.05$58
Jul 20010023.933.20$0
Jun 200101824.563.82$69
May 200101925.524.31$82
Apr 200101824.685.34$96
Mar 200101924.545.38$102
Feb 200102927.755.77$167
Jan 2001034227.478.40$2,872
Dec 200001,95426.889.12$17,825
Nov 200001,05332.215.66$5,958
Oct 200001,03431.235.15$5,320
Sep 200001,99831.875.19$10,363
Aug 200002,35029.644.54$10,671
Jul 20001832,34628.534.09$14,816
Jun 200002,32329.304.40$10,215
May 200002,51427.263.68$9,251
Apr 200001,24624.513.12$3,883
Mar 200002,47728.422.86$7,084
Feb 20002032,34927.622.73$12,011
Jan 200002,65925.272.48$6,596
Dec 199901,35724.282.42$3,289
Nov 199902,60123.192.43$6,331
Oct 199902,68120.982.80$7,517
Sep 19991892,54621.752.62$10,778
Aug 199902,66719.262.88$7,669
Jul 19991973,05617.892.37$10,774
Jun 199902,81315.942.36$6,645
May 199901,92415.792.32$4,466
Apr 199903,16015.102.21$6,977
Mar 19993113,30012.471.84$9,945
Feb 199903,1179.981.82$5,666
Jan 199902,87210.381.90$5,457
Dec 199802,3639.201.77$4,190
Nov 199803,05610.892.19$6,680
Oct 199802,69312.421.97$5,303
Sep 199803,03612.592.08$6,323
Aug 19983532,95811.301.91$9,631
Jul 199803,01811.742.24$6,752
Jun 199802,73911.242.24$6,128
May 199802,93612.622.21$6,478
Apr 199802,95513.042.51$7,403
Mar 199803,29112.802.31$7,600
Feb 199802,57413.952.30$5,918
Jan 19982053,00314.702.15$9,484
Dec 199703,19716.322.41$7,708
Nov 199702,11518.193.09$6,532
Oct 199702,73019.253.15$8,599
Sep 19972012,64317.742.95$11,375
Aug 199702,97117.862.55$7,590
Jul 1997103,35117.582.25$7,705
Jun 19971973,20917.242.26$10,640
May 199703,06918.972.31$7,085
Apr 199702,95517.882.08$6,155
Mar 19971973,06818.951.94$9,682
Feb 199702,66820.492.21$5,885
Jan 199702,68923.483.54$9,518
Dec 199603,10223.32$0
Nov 199602,97621.97$0
Oct 19962083,15423.31$4,848
Sep 199602,98022.22$0
Aug 199603,21620.26$0
Jul 19961923,36119.55$3,754
Jun 199603,45218.73$0
May 19962013,54319.43$3,905
Apr 199603,64121.51$0
Mar 199603,53719.38$0
Feb 199603,10516.98$0
Jan 199603,16117.07$0
Dec 199504,83317.19$0
Nov 19951813,75516.00$2,896
Oct 199503,71715.43$0
Sep 199503,34316.18$0
Aug 19952053,78515.92$3,264
Jul 199503,51715.24$0
Jun 199503,44616.41$0
May 19951983,64317.56$3,477
Apr 199504,16617.73$0
Mar 199503,98616.44$0
Feb 199503,80716.58$0
Jan 19951843,76915.92$2,929
Dec 199404,24815.03$0
Nov 19941894,03815.90$3,005
Oct 199403,66715.58$0
Sep 199403,63215.29$0
Aug 19941853,55416.13$2,984
Jul 199404,00017.56$0
Jun 199404,02417.09$0
May 19941854,50915.88$2,938
Apr 199404,28214.14$0
Mar 199404,55212.46$0
Feb 19941883,74112.50$2,350
Jan 199405,07212.66$0
Dec 199304,13912.33$0
Nov 19931924,06214.49$2,782
Oct 199304,18915.85$0
Sep 199303,68115.03$0
Aug 19931853,96915.66$2,897
Jul 199303,61315.46$0
Jun 19931902,90616.79$3,190
May 199303,39317.68$0
Apr 19931823,65918.05$3,285
Mar 199304,15718.14$0
Feb 199303,40417.90$0
Jan 19931793,63416.93$3,030

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.

Oct 2001 — as filed, then multipliedworked
Oil                  161 bbl  × $ 19.78 =     $3,185
Casinghead gas         0 Mcf  × $  2.53 =         $0

────────────────────────────────────────────────────
Month total                                   $3,185

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/3550 is the state's own key, not one this site invented.