SHULTS "B"

Operated by WILSON WELL SERVICE INC. (P-5 927886) in the FOSTER (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15187District 7BField 32300500OilCasinghead gasSaveExport
Value, all time
$274 k
Jan 1993 – Aug 2010
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
212
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 278 leases and 358 wells, and the rule below applies to all of them.

Discovered
1976-08-01
as the register files it
Field class
Oil and gas
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 80 acres.

The Commission's schedule remark for this field reads: OPTIONAL 40 AC UNITS DIAG 2100'

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
OilDisposition695 bbl$18,385
Casinghead gasProduction87,192 Mcf$255,972
Total$274,357

28,988 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 32.1826, -98.9725. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.18257, -98.97255 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
3,406 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
2100.0%
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.
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

Between 3,398 and 3,413 ft, median 3,406 ft, over the 2 wells that filed a depth.

Completions filed
Oct 1978 – Aug 1979
2 of 2 wells

2 wells

42-1333166823,413 ftAug 1979Yes
42-1333166913,398 ftOct 1978Yes

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 (212)

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

212 months

Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 2010133070.364.91$9,358
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006026266.286.38$1,673
May 2006067166.016.42$4,311
Apr 2006071364.397.36$5,248
Mar 2006096856.707.08$6,856
Feb 2006089057.597.75$6,899
Jan 200601,12460.598.93$10,041
Dec 2005056154.9413.42$7,526
Nov 2005040854.6910.59$4,320
Oct 2005043858.3413.80$6,043
Sep 2005041161.4512.08$4,964
Aug 2005044061.519.80$4,311
Jul 2005047155.697.84$3,694
Jun 2005039452.337.38$2,908
May 2005042845.226.65$2,847
Apr 2005038349.207.36$2,819
Mar 2005044250.377.15$3,162
Feb 2005041245.226.31$2,601
Jan 2005046743.166.32$2,952
Dec 2004041039.866.75$2,768
Nov 2004038045.286.33$2,406
Oct 2004040949.706.52$2,665
Sep 2004031643.245.28$1,670
Aug 2004030842.375.55$1,710
Jul 2004018138.286.08$1,101
Jun 2004035036.106.43$2,252
May 2004031137.486.49$2,020
Apr 2004037934.475.86$2,220
Mar 2004046734.365.53$2,583
Feb 2004042732.455.51$2,353
Jan 2004045332.036.30$2,854
Dec 2003045930.266.30$2,892
Nov 2003050028.804.60$2,298
Oct 2003054028.174.76$2,570
Sep 2003047526.314.75$2,256
Aug 2003049529.765.13$2,539
Jul 2003050929.415.17$2,632
Jun 2003049228.565.98$2,944
May 2003050926.595.97$3,040
Apr 2003041526.675.41$2,244
Mar 2003047431.146.10$2,890
Feb 2003045433.487.93$3,598
Jan 2003047230.315.58$2,635
Dec 2002049826.914.85$2,417
Nov 2002053524.664.14$2,213
Oct 2002060126.464.23$2,542
Sep 2002052827.443.64$1,919
Aug 2002029525.963.16$933
Jul 2002035724.583.06$1,093
Jun 2002029523.733.34$985
May 2002034124.663.58$1,222
Apr 2002033923.653.51$1,191
Mar 2002031322.003.10$971
Feb 2002029218.222.38$694
Jan 2002035017.172.38$831
Dec 2001041516.932.36$981
Nov 2001037818.072.41$909
Oct 2001040519.782.53$1,024
Sep 2001044124.262.25$993
Aug 2001044724.873.05$1,365
Jul 2001046523.933.20$1,487
Jun 2001047524.563.82$1,816
May 2001051125.524.31$2,201
Apr 2001052024.685.34$2,774
Mar 2001059824.545.38$3,215
Feb 2001037427.755.77$2,157
Jan 2001039027.478.40$3,276
Dec 2000030326.889.12$2,764
Nov 2000032832.215.66$1,856
Oct 2000026731.235.15$1,374
Sep 2000045731.875.19$2,370
Aug 2000042729.644.54$1,939
Jul 2000056528.534.09$2,311
Jun 2000042429.304.40$1,864
May 2000049627.263.68$1,825
Apr 2000058024.513.12$1,807
Mar 2000051028.422.86$1,458
Feb 2000055327.622.73$1,508
Jan 2000058825.272.48$1,459
Dec 1999056324.282.42$1,365
Nov 1999047823.192.43$1,163
Oct 1999064020.982.80$1,794
Sep 1999069621.752.62$1,823
Aug 1999076419.262.88$2,197
Jul 1999085117.892.37$2,019
Jun 1999078415.942.36$1,852
May 1999082015.792.32$1,903
Apr 1999076415.102.21$1,687
Mar 199916581912.471.84$3,563
Feb 199908479.981.82$1,540
Jan 1999088810.381.90$1,687
Dec 199808709.201.77$1,543
Nov 199801,01910.892.19$2,227
Oct 199801,00412.421.97$1,977
Sep 1998090012.592.08$1,874
Aug 1998037311.301.91$711
Jul 1998038511.742.24$861
Jun 1998043411.242.24$971
May 1998049712.622.21$1,097
Apr 1998050413.042.51$1,263
Mar 1998053412.802.31$1,233
Feb 1998057113.952.30$1,313
Jan 1998082514.702.15$1,778
Dec 1997055016.322.41$1,326
Nov 1997040918.193.09$1,263
Oct 1997044219.253.15$1,392
Sep 1997041517.742.95$1,226
Aug 1997038817.862.55$991
Jul 1997037517.582.25$843
Jun 1997035917.242.26$810
May 1997052918.972.31$1,221
Apr 1997049017.882.08$1,021
Mar 1997053618.951.94$1,039
Feb 1997051020.492.21$1,125
Jan 1997064223.483.54$2,272
Dec 1996057023.32$0
Nov 1996055221.97$0
Oct 1996062223.31$0
Sep 1996058422.22$0
Aug 1996060820.26$0
Jul 1996065319.55$0
Jun 1996072018.73$0
May 1996085619.43$0
Apr 1996072121.51$0
Mar 199615857319.38$3,062
Feb 1996041116.98$0
Jan 1996067417.07$0
Dec 1995081217.19$0
Nov 1995079316.00$0
Oct 1995091115.43$0
Sep 19956291016.18$1,003
Aug 1995083215.92$0
Jul 199501,00915.24$0
Jun 19951771,29916.41$2,905
May 199501,18317.56$0
Apr 199501,43117.73$0
Mar 199501,65816.44$0
Feb 1995095816.58$0
Jan 1995034815.92$0
Dec 1994033315.03$0
Nov 1994046715.90$0
Oct 1994045815.58$0
Sep 1994046615.29$0
Aug 1994048916.13$0
Jul 1994053317.56$0
Jun 1994053317.09$0
May 1994048815.88$0
Apr 1994055814.14$0
Mar 19940112.46$0
Feb 19940112.50$0
Jan 1994022412.66$0
Dec 1993027112.33$0
Nov 1993026314.49$0
Oct 1993033215.85$0
Sep 1993031315.03$0
Aug 1993037915.66$0
Jul 1993047315.46$0
Jun 1993050616.79$0
May 1993062717.68$0
Apr 1993022018.05$0
Mar 1993026618.14$0
Feb 1993032517.90$0
Jan 1993077416.93$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 2010 — as filed, then multipliedworked
Oil                  133 bbl  × $ 70.36 =     $9,358
Casinghead gas         0 Mcf  × $  4.91 =         $0

────────────────────────────────────────────────────
Month total                                   $9,358

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/15187 is the state's own key, not one this site invented.