SHARI

Operated by PANTERA ENERGY COMPANY (P-5 638486) in the PANHANDLE GRAY COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5664District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$113 k
Jan 1993 – Sep 2003
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
129
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 837 leases and 6,360 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: UNTIL THE FLUID MIGRATION FROM SUCH STRATA IS ELIMINATED.

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
OilDisposition4,629 bbl$88,498
Casinghead gasProduction14,082 Mcf$24,176
Total$112,674

6,470 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 (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 35.4542, -101.0240. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

35.45417, -101.02399 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
3,514 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
2100.0%

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 3,470 and 3,558 ft, median 3,514 ft, over the 2 wells that filed a depth.

Completions filed
Feb 1984 – Aug 1985
2 of 2 wells

2 wells

42-1793156323,558 ftAug 1985
42-1793156413,470 ftFeb 1984

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 (129)

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

129 months

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 200327811830.315.58$9,085
Dec 2002010526.914.85$510
Nov 2002010324.664.14$426
Oct 200209526.464.23$402
Sep 200209927.443.64$360
Aug 20021819625.963.16$5,003
Jul 2002011324.583.06$346
Jun 2002011323.733.34$377
May 2002010124.663.58$362
Apr 20021799223.653.51$4,556
Mar 200208322.003.10$258
Feb 200209018.222.38$214
Jan 200209517.172.38$226
Dec 200109216.932.36$218
Nov 200109318.072.41$224
Oct 2001010819.782.53$273
Sep 2001010024.262.25$225
Aug 200109824.873.05$299
Jul 2001010423.933.20$333
Jun 200118110124.563.82$4,832
May 2001011025.524.31$474
Apr 200117412824.685.34$4,977
Mar 2001011824.545.38$634
Feb 2001010927.755.77$629
Jan 200109027.478.40$756
Dec 200009626.889.12$876
Nov 2000010832.215.66$611
Oct 2000010731.235.15$551
Sep 200008131.875.19$420
Aug 2000010229.644.54$463
Jul 200009028.534.09$368
Jun 200007929.304.40$347
May 2000010727.263.68$394
Apr 20001639724.513.12$4,297
Mar 2000010328.422.86$295
Feb 200008827.622.73$240
Jan 2000010025.272.48$248
Dec 1999011024.282.42$267
Nov 19991589623.192.43$3,898
Oct 1999010120.982.80$283
Sep 199909421.752.62$246
Aug 1999011319.262.88$325
Jul 199918110317.892.37$3,482
Jun 1999010315.942.36$243
May 1999010715.792.32$248
Apr 199918110015.102.21$2,954
Mar 1999010712.471.84$197
Feb 199901089.981.82$196
Jan 1999010510.381.90$199
Dec 199801169.201.77$206
Nov 1998010410.892.19$227
Oct 1998010912.421.97$215
Sep 1998010912.592.08$227
Aug 1998011311.301.91$216
Jul 199818111611.742.24$2,384
Jun 1998010511.242.24$235
May 1998010712.622.21$236
Apr 1998010713.042.51$268
Mar 1998010112.802.31$233
Feb 199809613.952.30$221
Jan 199817310614.702.15$2,772
Dec 1997011116.322.41$268
Nov 1997010518.193.09$324
Oct 1997011619.253.15$365
Sep 1997011317.742.95$334
Aug 199718311617.862.55$3,565
Jul 1997012417.582.25$279
Jun 1997012217.242.26$275
May 1997011318.972.31$261
Apr 1997011017.882.08$229
Mar 199714811418.951.94$3,026
Feb 1997010720.492.21$236
Jan 1997011323.483.54$400
Dec 1996011923.32$0
Nov 199616911521.97$3,713
Oct 1996012823.31$0
Sep 1996012322.22$0
Aug 1996013720.26$0
Jul 199618213919.55$3,558
Jun 1996013318.73$0
May 1996012919.43$0
Apr 1996013121.51$0
Mar 1996014119.38$0
Feb 199616812616.98$2,853
Jan 1996011817.07$0
Dec 1995012317.19$0
Nov 1995011716.00$0
Oct 199517412515.43$2,685
Sep 1995012416.18$0
Aug 1995013115.92$0
Jul 1995014015.24$0
Jun 199518413916.41$3,019
May 1995013417.56$0
Apr 1995012917.73$0
Mar 1995014016.44$0
Feb 199517711516.58$2,935
Jan 1995012615.92$0
Dec 1994013215.03$0
Nov 1994013015.90$0
Oct 199418614515.58$2,898
Sep 1994013315.29$0
Aug 1994015616.13$0
Jul 1994015017.56$0
Jun 199416513817.09$2,820
May 1994014115.88$0
Apr 1994013914.14$0
Mar 199418114712.46$2,255
Feb 1994012812.50$0
Jan 1994014212.66$0
Dec 1993014812.33$0
Nov 199314914514.49$2,159
Oct 1993015515.85$0
Sep 1993014715.03$0
Aug 199318215515.66$2,850
Jul 1993015515.46$0
Jun 1993017716.79$0
May 199318116117.68$3,200
Apr 1993015218.05$0
Mar 19931707118.14$3,084
Feb 1993010417.90$0
Jan 1993013716.93$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.

Jan 2003 — as filed, then multipliedworked
Oil                  278 bbl  × $ 30.31 =     $8,426
Casinghead gas       118 Mcf  × $  5.58 =       $659

────────────────────────────────────────────────────
Month total                                   $9,085

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/5664 is the state's own key, not one this site invented.