SHAFFER

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

Operated by ANDERSON, JAMES K. INC. (P-5 22275) in the MALBETAN (FLIPPEN SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23639District 7BField 56897700OilCasinghead gasSave Export

Value, all time

$1.1 M

Jan 1993 – Feb 2007

Value, last 12 filed months

at the published price for each month

Months reported

170

no gaps in the span

Streams

oil, casinghead gas

The MALBETAN (FLIPPEN SAND) 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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered

1986-03-01

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.

Stream	Basis	Volume	Value
Oil	Disposition	59,891 bbl	$1,072,273
Casinghead gas	Production	13,699 Mcf	$13,726
Total			$1,085,999

9,701 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 32.1894, -99.9769. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18939, -99.97691 · 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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

2,840 ft

1 wells filed one

Completion to plug

27.4 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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 2,840 ft.

Completions filed

Dec 1978

1 of 1 wells

Plug dates filed

May 2006

1 of 1 wells

Last completion to plug: a median of 27.4 years across the 1 well that filed both dates, with the middle half between 27.4 years and 27.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-44131288	2	2,840 ft	Dec 1978	May 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 (170)

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

170 months


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	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
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	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	151	0	43.16	6.32	$6,517
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	30	45.28	6.33	$190
Oct 2004	171	30	49.70	6.52	$8,694
Sep 2004	0	30	43.24	5.28	$159
Aug 2004	0	30	42.37	5.55	$167
Jul 2004	164	30	38.28	6.08	$6,460
Jun 2004	0	30	36.10	6.43	$193
May 2004	0	30	37.48	6.49	$195
Apr 2004	167	30	34.47	5.86	$5,932
Mar 2004	0	30	34.36	5.53	$166
Feb 2004	0	30	32.45	5.51	$165
Jan 2004	167	30	32.03	6.30	$5,538
Dec 2003	0	30	30.26	6.30	$189
Nov 2003	181	30	28.80	4.60	$5,351
Oct 2003	0	30	28.17	4.76	$143
Sep 2003	0	30	26.31	4.75	$142
Aug 2003	181	30	29.76	5.13	$5,540
Jul 2003	0	30	29.41	5.17	$155
Jun 2003	174	30	28.56	5.98	$5,149
May 2003	0	30	26.59	5.97	$179
Apr 2003	178	30	26.67	5.41	$4,909
Mar 2003	0	30	31.14	6.10	$183
Feb 2003	180	30	33.48	7.93	$6,264
Jan 2003	0	30	30.31	5.58	$167
Dec 2002	179	30	26.91	4.85	$4,963
Nov 2002	0	30	24.66	4.14	$124
Oct 2002	180	30	26.46	4.23	$4,890
Sep 2002	0	30	27.44	3.64	$109
Aug 2002	180	30	25.96	3.16	$4,768
Jul 2002	0	30	24.58	3.06	$92
Jun 2002	180	30	23.73	3.34	$4,372
May 2002	158	30	24.66	3.58	$4,004
Apr 2002	0	30	23.65	3.51	$105
Mar 2002	152	30	22.00	3.10	$3,437
Feb 2002	172	30	18.22	2.38	$3,205
Jan 2002	0	30	17.17	2.38	$71
Dec 2001	168	30	16.93	2.36	$2,915
Nov 2001	181	30	18.07	2.41	$3,343
Oct 2001	180	30	19.78	2.53	$3,636
Sep 2001	0	30	24.26	2.25	$68
Aug 2001	159	30	24.87	3.05	$4,046
Jul 2001	173	30	23.93	3.20	$4,236
Jun 2001	175	30	24.56	3.82	$4,413
May 2001	23	30	25.52	4.31	$716
Apr 2001	180	30	24.68	5.34	$4,602
Mar 2001	178	30	24.54	5.38	$4,529
Feb 2001	164	30	27.75	5.77	$4,724
Jan 2001	0	30	27.47	8.40	$252
Dec 2000	184	30	26.88	9.12	$5,220
Nov 2000	180	30	32.21	5.66	$5,968
Oct 2000	180	30	31.23	5.15	$5,776
Sep 2000	181	30	31.87	5.19	$5,924
Aug 2000	181	30	29.64	4.54	$5,501
Jul 2000	180	30	28.53	4.09	$5,258
Jun 2000	181	30	29.30	4.40	$5,435
May 2000	341	30	27.26	3.68	$9,406
Apr 2000	184	30	24.51	3.12	$4,603
Mar 2000	321	30	28.42	2.86	$9,209
Feb 2000	361	30	27.62	2.73	$10,053
Jan 2000	368	30	25.27	2.48	$9,374
Dec 1999	356	30	24.28	2.42	$8,716
Nov 1999	368	30	23.19	2.43	$8,607
Oct 1999	372	30	20.98	2.80	$7,889
Sep 1999	518	30	21.75	2.62	$11,345
Aug 1999	365	30	19.26	2.88	$7,116
Jul 1999	539	30	17.89	2.37	$9,714
Jun 1999	358	30	15.94	2.36	$5,777
May 1999	527	30	15.79	2.32	$8,391
Apr 1999	369	30	15.10	2.21	$5,638
Mar 1999	537	30	12.47	1.84	$6,752
Feb 1999	369	30	9.98	1.82	$3,737
Jan 1999	365	30	10.38	1.90	$3,846
Dec 1998	345	30	9.20	1.77	$3,227
Nov 1998	371	30	10.89	2.19	$4,106
Oct 1998	361	30	12.42	1.97	$4,543
Sep 1998	543	30	12.59	2.08	$6,899
Aug 1998	361	30	11.30	1.91	$4,137
Jul 1998	534	30	11.74	2.24	$6,336
Jun 1998	551	30	11.24	2.24	$6,260
May 1998	540	30	12.62	2.21	$6,881
Apr 1998	568	30	13.04	2.51	$7,482
Mar 1998	711	30	12.80	2.31	$9,170
Feb 1998	545	112	13.95	2.30	$7,860
Jan 1998	567	112	14.70	2.15	$8,576
Dec 1997	574	112	16.32	2.41	$9,638
Nov 1997	568	112	18.19	3.09	$10,678
Oct 1997	564	112	19.25	3.15	$11,210
Sep 1997	722	112	17.74	2.95	$13,139
Aug 1997	541	112	17.86	2.55	$9,948
Jul 1997	552	112	17.58	2.25	$9,956
Jun 1997	554	112	17.24	2.26	$9,804
May 1997	537	112	18.97	2.31	$10,445
Apr 1997	720	112	17.88	2.08	$13,107
Mar 1997	540	112	18.95	1.94	$10,450
Feb 1997	581	112	20.49	2.21	$12,152
Jan 1997	550	112	23.48	3.54	$13,310
Dec 1996	559	112	23.32	—	$13,036
Nov 1996	736	112	21.97	—	$16,170
Oct 1996	535	112	23.31	—	$12,471
Sep 1996	723	112	22.22	—	$16,065
Aug 1996	561	112	20.26	—	$11,366
Jul 1996	555	112	19.55	—	$10,850
Jun 1996	557	112	18.73	—	$10,433
May 1996	739	112	19.43	—	$14,359
Apr 1996	369	112	21.51	—	$7,937
Mar 1996	189	112	19.38	—	$3,663
Feb 1996	554	112	16.98	—	$9,407
Jan 1996	541	112	17.07	—	$9,235
Dec 1995	722	112	17.19	—	$12,411
Nov 1995	545	112	16.00	—	$8,720
Oct 1995	710	112	15.43	—	$10,955
Sep 1995	748	112	16.18	—	$12,103
Aug 1995	558	112	15.92	—	$8,883
Jul 1995	736	112	15.24	—	$11,217
Jun 1995	727	112	16.41	—	$11,930
May 1995	695	112	17.56	—	$12,204
Apr 1995	568	112	17.73	—	$10,071
Mar 1995	713	112	16.44	—	$11,722
Feb 1995	758	112	16.58	—	$12,568
Jan 1995	708	112	15.92	—	$11,271
Dec 1994	752	112	15.03	—	$11,303
Nov 1994	753	112	15.90	—	$11,973
Oct 1994	733	112	15.58	—	$11,420
Sep 1994	888	112	15.29	—	$13,578
Aug 1994	929	112	16.13	—	$14,985
Jul 1994	741	338	17.56	—	$13,012
Jun 1994	740	326	17.09	—	$12,647
May 1994	742	338	15.88	—	$11,783
Apr 1994	750	321	14.14	—	$10,605
Mar 1994	942	339	12.46	—	$11,737
Feb 1994	709	313	12.50	—	$8,863
Jan 1994	951	344	12.66	—	$12,040
Dec 1993	744	345	12.33	—	$9,174
Nov 1993	756	330	14.49	—	$10,954
Oct 1993	933	341	15.85	—	$14,788
Sep 1993	747	334	15.03	—	$11,227
Aug 1993	736	328	15.66	—	$11,526
Jul 1993	923	348	15.46	—	$14,270
Jun 1993	740	337	16.79	—	$12,425
May 1993	936	354	17.68	—	$16,548
Apr 1993	934	352	18.05	—	$16,859
Mar 1993	941	362	18.14	—	$17,070
Feb 1993	745	340	17.90	—	$13,336
Jan 1993	939	363	16.93	—	$15,897

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 2005 — as filed, then multipliedworked

Oil                  151 bbl  × $ 43.16 =     $6,517
Casinghead gas         0 Mcf  × $  6.32 =         $0

────────────────────────────────────────────────────
Month total                                   $6,517

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/23639 is the state's own key, not one this site invented.