SHAW

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

Operated by WALLS, G. M. & FRANCES, INC. (P-5 894215) 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 5812District 10Field 68873001NGPA filingOilCasinghead gasSave Export

Value, all time

$428 k

Jan 1993 – Sep 2011

Value, last 12 filed months

$372

at the published price for each month

Months reported

225

no gaps in the span

Streams

oil, casinghead gas

The PANHANDLE GRAY COUNTY FIELD 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 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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	3	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
Oil	Disposition	12,270 bbl	$263,595
Casinghead gas	Production	92,644 Mcf	$164,898
Total			$428,493

46,303 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 (4)

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 35.4231, -100.8151. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

35.42305, -100.81498 · 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

50.0%

2 of 4 wells

With a plug date

50.0%

2 of 4 wells

Median depth

2,950 ft

4 wells filed one

Completion to plug

27.4 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

250.0%

A plug date is filed

250.0%

BothOn the schedule and plugged. Neither fact cancels the other.

250.0%

NeitherNo plug date, and not on the schedule.

250.0%

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 2,852 and 3,115 ft, median 2,950 ft, over the 4 wells that filed a depth.

Completions filed

May 1984 – Nov 1985

4 of 4 wells

Plug dates filed

Feb 2006 – Aug 2017

2 of 4 wells; 2 filed none

Last completion to plug: a median of 27.4 years across the 2 wells that filed both dates, with the middle half between 24.6 years and 30.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-17931762	4	2,900 ft	Nov 1985	—	—
42-17931666	3	3,000 ft	Dec 1984	—	—
42-17931604	1	2,852 ft	Aug 1984	Aug 2017	Yes
42-17931605	2	3,115 ft	May 1984	Feb 2006	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 (225)

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

225 months


Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	4	0	92.90	4.64	$372
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
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	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
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	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	0	0	56.92	7.30	$0
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	171	168	54.69	10.59	$11,131
Oct 2005	0	342	58.34	13.80	$4,718
Sep 2005	175	370	61.45	12.08	$15,223
Aug 2005	0	488	61.51	9.80	$4,781
Jul 2005	194	576	55.69	7.84	$15,322
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	92	0	50.37	7.15	$4,634
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
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	0	0	38.28	6.08	$0
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	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	359	28.80	4.60	$1,650
Oct 2003	150	346	28.17	4.76	$5,872
Sep 2003	0	386	26.31	4.75	$1,833
Aug 2003	153	362	29.76	5.13	$6,410
Jul 2003	0	340	29.41	5.17	$1,758
Jun 2003	100	321	28.56	5.98	$4,777
May 2003	0	400	26.59	5.97	$2,389
Apr 2003	0	407	26.67	5.41	$2,201
Mar 2003	149	404	31.14	6.10	$7,103
Feb 2003	0	404	33.48	7.93	$3,202
Jan 2003	152	426	30.31	5.58	$6,985
Dec 2002	0	444	26.91	4.85	$2,155
Nov 2002	169	439	24.66	4.14	$5,984
Oct 2002	0	460	26.46	4.23	$1,945
Sep 2002	153	485	27.44	3.64	$5,961
Aug 2002	0	426	25.96	3.16	$1,348
Jul 2002	111	380	24.58	3.06	$3,892
Jun 2002	97	286	23.73	3.34	$3,257
May 2002	90	0	24.66	3.58	$2,219
Apr 2002	94	0	23.65	3.51	$2,223
Mar 2002	65	250	22.00	3.10	$2,206
Feb 2002	100	311	18.22	2.38	$2,561
Jan 2002	99	420	17.17	2.38	$2,698
Dec 2001	108	448	16.93	2.36	$2,888
Nov 2001	104	492	18.07	2.41	$3,063
Oct 2001	0	441	19.78	2.53	$1,115
Sep 2001	104	311	24.26	2.25	$3,223
Aug 2001	96	478	24.87	3.05	$3,847
Jul 2001	96	468	23.93	3.20	$3,794
Jun 2001	96	312	24.56	3.82	$3,551
May 2001	97	250	25.52	4.31	$3,552
Apr 2001	106	351	24.68	5.34	$4,489
Mar 2001	105	408	24.54	5.38	$4,770
Feb 2001	104	343	27.75	5.77	$4,864
Jan 2001	205	498	27.47	8.40	$9,814
Dec 2000	0	663	26.88	9.12	$6,048
Nov 2000	102	536	32.21	5.66	$6,318
Oct 2000	102	729	31.23	5.15	$6,937
Sep 2000	151	560	31.87	5.19	$7,717
Aug 2000	0	483	29.64	4.54	$2,193
Jul 2000	119	408	28.53	4.09	$5,064
Jun 2000	0	508	29.30	4.40	$2,234
May 2000	0	412	27.26	3.68	$1,516
Apr 2000	0	525	24.51	3.12	$1,636
Mar 2000	0	624	28.42	2.86	$1,784
Feb 2000	0	716	27.62	2.73	$1,952
Jan 2000	0	660	25.27	2.48	$1,637
Dec 1999	0	716	24.28	2.42	$1,735
Nov 1999	210	754	23.19	2.43	$6,705
Oct 1999	0	711	20.98	2.80	$1,993
Sep 1999	0	653	21.75	2.62	$1,710
Aug 1999	0	498	19.26	2.88	$1,432
Jul 1999	0	563	17.89	2.37	$1,336
Jun 1999	0	698	15.94	2.36	$1,649
May 1999	0	642	15.79	2.32	$1,490
Apr 1999	0	756	15.10	2.21	$1,669
Mar 1999	0	770	12.47	1.84	$1,416
Feb 1999	0	684	9.98	1.82	$1,243
Jan 1999	0	696	10.38	1.90	$1,322
Dec 1998	0	793	9.20	1.77	$1,406
Nov 1998	0	800	10.89	2.19	$1,749
Oct 1998	0	847	12.42	1.97	$1,668
Sep 1998	198	833	12.59	2.08	$4,228
Aug 1998	0	763	11.30	1.91	$1,455
Jul 1998	0	583	11.74	2.24	$1,304
Jun 1998	188	811	11.24	2.24	$3,928
May 1998	0	903	12.62	2.21	$1,992
Apr 1998	0	736	13.04	2.51	$1,844
Mar 1998	0	921	12.80	2.31	$2,127
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	376	14.70	2.15	$810
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	742	18.19	3.09	$2,291
Oct 1997	0	679	19.25	3.15	$2,139
Sep 1997	179	727	17.74	2.95	$5,324
Aug 1997	0	692	17.86	2.55	$1,768
Jul 1997	374	691	17.58	2.25	$8,128
Jun 1997	199	797	17.24	2.26	$5,230
May 1997	0	778	18.97	2.31	$1,796
Apr 1997	165	731	17.88	2.08	$4,473
Mar 1997	0	802	18.95	1.94	$1,555
Feb 1997	0	795	20.49	2.21	$1,754
Jan 1997	0	776	23.48	3.54	$2,747
Dec 1996	208	853	23.32	—	$4,851
Nov 1996	0	636	21.97	—	$0
Oct 1996	208	784	23.31	—	$4,848
Sep 1996	0	938	22.22	—	$0
Aug 1996	192	1,040	20.26	—	$3,890
Jul 1996	201	1,093	19.55	—	$3,930
Jun 1996	0	1,022	18.73	—	$0
May 1996	202	1,078	19.43	—	$3,925
Apr 1996	0	767	21.51	—	$0
Mar 1996	182	581	19.38	—	$3,527
Feb 1996	201	604	16.98	—	$3,413
Jan 1996	209	1,160	17.07	—	$3,568
Dec 1995	0	1,100	17.19	—	$0
Nov 1995	205	1,136	16.00	—	$3,280
Oct 1995	0	1,133	15.43	—	$0
Sep 1995	200	1,015	16.18	—	$3,236
Aug 1995	0	1,165	15.92	—	$0
Jul 1995	208	995	15.24	—	$3,170
Jun 1995	167	1,108	16.41	—	$2,740
May 1995	199	1,144	17.56	—	$3,494
Apr 1995	0	1,022	17.73	—	$0
Mar 1995	167	878	16.44	—	$2,745
Feb 1995	382	903	16.58	—	$6,334
Jan 1995	207	1,065	15.92	—	$3,295
Dec 1994	0	1,044	15.03	—	$0
Nov 1994	0	1,089	15.90	—	$0
Oct 1994	171	936	15.58	—	$2,664
Sep 1994	184	987	15.29	—	$2,813
Aug 1994	0	1,190	16.13	—	$0
Jul 1994	0	1,113	17.56	—	$0
Jun 1994	366	1,118	17.09	—	$6,255
May 1994	183	1,290	15.88	—	$2,906
Apr 1994	0	1,065	14.14	—	$0
Mar 1994	187	1,260	12.46	—	$2,330
Feb 1994	159	1,134	12.50	—	$1,988
Jan 1994	183	873	12.66	—	$2,317
Dec 1993	185	764	12.33	—	$2,281
Nov 1993	0	710	14.49	—	$0
Oct 1993	162	715	15.85	—	$2,568
Sep 1993	339	756	15.03	—	$5,095
Aug 1993	0	869	15.66	—	$0
Jul 1993	0	781	15.46	—	$0
Jun 1993	189	805	16.79	—	$3,173
May 1993	374	805	17.68	—	$6,612
Apr 1993	363	857	18.05	—	$6,552
Mar 1993	0	999	18.14	—	$0
Feb 1993	361	867	17.90	—	$6,462
Jan 1993	0	1,056	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.

Jun 2011 — as filed, then multipliedworked

Oil                    4 bbl  × $ 92.90 =       $372
Casinghead gas         0 Mcf  × $  4.64 =         $0

────────────────────────────────────────────────────
Month total                                     $372

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/5812 is the state's own key, not one this site invented.