SHULTS "A"

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 15932District 7BField 32300500OilCasinghead gasSaveExport
Value, all time
$92 k
Jan 1993 – Aug 2010
Value, last 12 filed months
$2 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
OilDisposition384 bbl$10,585
Casinghead gasProduction43,269 Mcf$81,082
Total$91,667

21,350 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 32.1892, -98.9615. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18921, -98.96149 · 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
0.0%
0 of 1 wells
Median depth
3,443 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
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

The one well that filed a depth was drilled to 3,443 ft.

Completions filed
Oct 1978
1 of 1 wells

1 well

42-1333166413,443 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 201031070.364.91$2,181
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 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 200499037.486.49$3,711
Apr 2004020134.475.86$1,178
Mar 2004023434.365.53$1,294
Feb 2004024932.455.51$1,372
Jan 2004030932.036.30$1,947
Dec 2003027630.266.30$1,739
Nov 2003031028.804.60$1,425
Oct 2003034928.174.76$1,661
Sep 2003034326.314.75$1,629
Aug 2003033429.765.13$1,713
Jul 2003032329.415.17$1,670
Jun 2003037728.565.98$2,256
May 2003042926.595.97$2,562
Apr 2003038126.675.41$2,060
Mar 2003037531.146.10$2,286
Feb 2003042833.487.93$3,392
Jan 2003045330.315.58$2,529
Dec 2002049926.914.85$2,422
Nov 2002046524.664.14$1,924
Oct 2002053726.464.23$2,271
Sep 2002052127.443.64$1,894
Aug 2002014825.963.16$468
Jul 2002012424.583.06$380
Jun 2002010023.733.34$334
May 2002011724.663.58$419
Apr 2002010923.653.51$383
Mar 2002010622.003.10$329
Feb 2002010418.222.38$247
Jan 2002012917.172.38$306
Dec 2001015316.932.36$362
Nov 2001015618.072.41$375
Oct 2001017119.782.53$432
Sep 2001016024.262.25$360
Aug 2001013324.873.05$406
Jul 2001013423.933.20$428
Jun 2001013124.563.82$501
May 2001012625.524.31$543
Apr 2001011124.685.34$592
Mar 2001013224.545.38$710
Feb 2001012627.755.77$727
Jan 2001016127.478.40$1,352
Dec 200006026.889.12$547
Nov 2000013732.215.66$775
Oct 2000011831.235.15$607
Sep 2000016331.875.19$845
Aug 2000021229.644.54$963
Jul 2000029228.534.09$1,194
Jun 2000024429.304.40$1,073
May 2000030627.263.68$1,126
Apr 2000030324.513.12$944
Mar 2000029128.422.86$832
Feb 2000038927.622.73$1,061
Jan 2000041325.272.48$1,024
Dec 1999042324.282.42$1,025
Nov 1999043423.192.43$1,056
Oct 1999045520.982.80$1,276
Sep 1999053521.752.62$1,401
Aug 1999063419.262.88$1,823
Jul 1999054017.892.37$1,281
Jun 1999013715.942.36$324
May 1999013115.792.32$304
Apr 1999013415.102.21$296
Mar 1999016312.471.84$300
Feb 199901769.981.82$320
Jan 1999023810.381.90$452
Dec 199802339.201.77$413
Nov 1998015710.892.19$343
Oct 1998044412.421.97$874
Sep 1998017612.592.08$367
Aug 1998013611.301.91$259
Jul 1998014311.742.24$320
Jun 1998017011.242.24$380
May 1998019112.622.21$421
Apr 1998026113.042.51$654
Mar 1998022512.802.31$520
Feb 1998023813.952.30$547
Jan 1998032414.702.15$698
Dec 1997030316.322.41$731
Nov 19970018.193.09$0
Oct 1997015419.253.15$485
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 1997013717.582.25$308
Jun 1997025517.242.26$576
May 1997025918.972.31$598
Apr 1997029317.882.08$610
Mar 1997031018.951.94$601
Feb 1997024520.492.21$540
Jan 1997031323.483.54$1,108
Dec 1996030423.32$0
Nov 1996029621.97$0
Oct 1996033523.31$0
Sep 1996031322.22$0
Aug 1996029520.26$0
Jul 1996033319.55$0
Jun 1996035918.73$0
May 1996046419.43$0
Apr 1996034921.51$0
Mar 199617041019.38$3,295
Feb 1996020016.98$0
Jan 1996035317.07$0
Dec 1995030217.19$0
Nov 19954942016.00$784
Oct 1995041215.43$0
Sep 1995048516.18$0
Aug 1995047215.92$0
Jul 1995039315.24$0
Jun 1995042616.41$0
May 19953556417.56$615
Apr 1995054617.73$0
Mar 1995024716.44$0
Feb 1995027916.58$0
Jan 1995028715.92$0
Dec 1994042415.03$0
Nov 1994053015.90$0
Oct 1994058415.58$0
Sep 1994058715.29$0
Aug 1994057716.13$0
Jul 1994056517.56$0
Jun 1994050217.09$0
May 1994065415.88$0
Apr 1994061814.14$0
Mar 1994035412.46$0
Feb 1994031012.50$0
Jan 1994030112.66$0
Dec 1993040512.33$0
Nov 1993023814.49$0
Oct 1993033915.85$0
Sep 1993016915.03$0
Aug 1993027815.66$0
Jul 1993056215.46$0
Jun 1993087416.79$0
May 1993068017.68$0
Apr 1993049218.05$0
Mar 1993072218.14$0
Feb 1993077217.90$0
Jan 1993096916.93$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                   31 bbl  × $ 70.36 =     $2,181
Casinghead gas         0 Mcf  × $  4.91 =         $0

────────────────────────────────────────────────────
Month total                                   $2,181

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/15932 is the state's own key, not one this site invented.