SAYLES, HAL

Operated by SHAMROCK MINERALS CORPORATION (P-5 768893) in the TAYLOR COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11287District 7BField 88520001OilCasinghead gasSaveExport
Value, all time
$82 k
Jan 1993 – Nov 1995
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
35
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 717 leases and 1,491 wells, and the rule below applies to all of them.

Discovered
1929-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition5,175 bbl$82,262
Casinghead gasProduction32 Mcf$0
Total$82,262

32 Mcf of this lease's gas, across 32 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 (8)

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 32.2533, -100.0012. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.3 miles.

32.25359, -99.99944 · 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%
8 of 8 wells
With a plug date
100.0%
8 of 8 wells
Median depth
4,643 ft
8 wells filed one
Completion to plug
21.3 years
median over 8 wells

What the state filed about each well

On the RRC proration schedule
8100.0%
A plug date is filed
8100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
8100.0%
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

Total depth in feet, 8 of 8 wells. Median 4,643 ft, with the middle half between 4,590 and 4,666 ft; the shallowest is 4,540 ft and the deepest 4,733 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, Jun 1970 – Aug 1992. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 1970 – Aug 1992
8 of 8 wells
Plug dates filed
Aug 1992 – Sep 1995
8 of 8 wells

Last completion to plug: a median of 21.3 years across the 8 wells that filed both dates, with the middle half between 20.8 years and 24.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-4413013214,540 ftAug 1992Sep 1995Yes
42-4413031694,655 ftDec 1971Sep 1995Yes
42-4413028774,733 ftOct 1971Aug 1992Yes
42-4413027264,650 ftOct 1971Aug 1992Yes
42-4413024754,635 ftJul 1971Aug 1992Yes
42-4413022544,700 ftApr 1971Aug 1992Yes
42-4413021134,600 ftFeb 1971Sep 1995Yes
42-4413013824,558 ftJun 1970Sep 1995Yes

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 (35)

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

35 months

Nov 19950016.00$0
Oct 19950015.43$0
Sep 1995131016.18$2,120
Aug 1995178115.92$2,834
Jul 19950115.24$0
Jun 19950116.41$0
May 19950117.56$0
Apr 1995159117.73$2,819
Mar 19950116.44$0
Feb 1995166116.58$2,752
Jan 19950115.92$0
Dec 1994176115.03$2,645
Nov 1994172115.90$2,735
Oct 1994163115.58$2,540
Sep 1994176115.29$2,691
Aug 1994178116.13$2,871
Jul 1994174117.56$3,055
Jun 1994179117.09$3,059
May 1994175115.88$2,779
Apr 1994707114.14$9,997
Mar 1994363112.46$4,523
Feb 19940112.50$0
Jan 19940112.66$0
Dec 19930112.33$0
Nov 19930114.49$0
Oct 1993533115.85$8,448
Sep 1993179115.03$2,690
Aug 19930115.66$0
Jul 1993178115.46$2,752
Jun 1993176116.79$2,955
May 1993174117.68$3,076
Apr 1993168118.05$3,032
Mar 1993315118.14$5,714
Feb 1993169117.90$3,025
Jan 1993186116.93$3,149

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.

Sep 1995 — as filed, then multipliedworked
Oil                  131 bbl  × $ 16.18 =     $2,120
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $2,120

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. 7B/O/11287 is the state's own key, not one this site invented.