STOKES, S.V.

Operated by SHEETS EXPLORATION CO., INC. (P-5 772670) in the SHACKELFORD COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28081District 7BField 82522001OilCasinghead gasSaveExport
Value, all time
$983 k
Jan 1997 – Jun 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
210
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 1,335 leases and 6,064 wells, and the rule below applies to all of them.

Discovered
1913-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: CLASS 4 W/DAILY 82 = 6000 TO 8000'

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
OilDisposition18,432 bbl$756,348
Casinghead gasProduction41,674 Mcf$226,750
Total$983,098

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 32.7271, -99.1282. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.72710, -99.12821 · 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
100.0%
1 of 1 wells
Median depth
4,450 ft
1 wells filed one
Completion to plug
16.1 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 4,450 ft.

Completions filed
Aug 1996
1 of 1 wells
Plug dates filed
Sep 2012
1 of 1 wells

Last completion to plug: a median of 16.1 years across the 1 well that filed both dates, with the middle half between 16.1 years and 16.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4173609144,450 ftAug 1996Sep 2012Yes

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 (210)

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

210 months

Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 201170094.144.52$6,590
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 2011142185105.964.33$15,848
Mar 2011020096.364.06$811
Feb 2011018185.644.18$757
Jan 201113418386.504.59$12,431
Dec 2010018185.734.35$787
Nov 2010018780.843.80$710
Oct 201014521678.103.51$12,082
Sep 2010020972.633.98$832
Aug 2010022273.684.42$981
Jul 201014220872.554.74$11,287
Jun 2010017870.364.91$874
May 201013717271.124.24$10,472
Apr 2010016281.694.12$668
Mar 201014118678.394.39$11,869
Feb 2010037373.585.44$2,030
Jan 201013941074.365.96$12,781
Dec 2009041971.445.48$2,298
Nov 200914640474.593.75$12,406
Oct 200913939372.544.11$11,698
Sep 2009035765.543.06$1,094
Aug 200914434867.423.22$10,829
Jul 200914132161.133.46$9,731
Jun 200914029366.163.90$10,404
May 200914026054.743.93$8,684
Apr 2009024946.773.59$893
Mar 200913825942.144.06$6,867
Feb 200913924332.814.63$5,686
Jan 2009027635.865.37$1,482
Dec 200814229237.105.98$7,014
Nov 200814228855.496.86$9,855
Oct 200814031175.246.92$12,686
Sep 20080306101.767.88$2,410
Aug 2008142342114.228.48$19,120
Jul 2008138354131.0811.39$22,121
Jun 20080346131.3313.03$4,509
May 2008136358123.1711.57$20,895
Apr 2008141329110.3110.45$18,993
Mar 2008145341101.909.66$18,071
Feb 200813931592.538.77$15,624
Jan 2008032890.388.21$2,691
Dec 200714537888.337.30$15,568
Nov 200714224191.677.29$14,774
Oct 200714033682.856.92$13,925
Sep 200714132075.846.24$12,692
Aug 200714032769.066.39$11,757
Jul 200713831970.906.39$11,822
Jun 2007030162.007.55$2,272
May 200714030258.747.85$10,593
Apr 200714027159.617.81$10,461
Mar 200714426056.927.30$10,095
Feb 200712622855.108.22$8,816
Jan 200714225650.306.73$8,865
Dec 200614126456.656.92$9,814
Nov 200614228354.207.62$9,852
Oct 2006033454.906.01$2,009
Sep 200614226460.085.04$9,861
Aug 2006031668.717.34$2,319
Jul 200613829469.376.34$11,438
Jun 2006016866.286.38$1,072
May 200612424966.016.42$9,785
Apr 2006022564.397.36$1,656
Mar 200614023156.707.08$9,574
Feb 2006026957.597.75$2,085
Jan 200613330460.598.93$10,774
Dec 200513825654.9413.42$11,016
Nov 200514228154.6910.59$10,741
Oct 200512153458.3413.80$14,426
Sep 200511656261.4512.08$13,917
Aug 2005043561.519.80$4,262
Jul 200513951355.697.84$11,765
Jun 200512347852.337.38$9,965
May 200512938545.226.65$8,394
Apr 200527037549.207.36$16,044
Mar 2005027750.377.15$1,982
Feb 20051438745.226.31$7,016
Jan 20051362043.166.32$5,996
Dec 20041249639.866.75$5,591
Nov 200412910245.286.33$6,487
Oct 200413716649.706.52$7,890
Sep 200403043.245.28$159
Aug 20041444542.375.55$6,351
Jul 2004012138.286.08$736
Jun 200414210036.106.43$5,770
May 2004016037.486.49$1,039
Apr 200414115034.475.86$5,739
Mar 200407534.365.53$415
Feb 20041358832.455.51$4,866
Jan 200408832.036.30$554
Dec 20039314130.266.30$3,703
Nov 2003017528.804.60$804
Oct 200310822528.174.76$4,113
Sep 2003021926.314.75$1,040
Aug 200310524129.765.13$4,361
Jul 2003025229.415.17$1,303
Jun 200313325528.565.98$5,324
May 2003025326.595.97$1,511
Apr 200312522526.675.41$4,550
Mar 200312921931.146.10$5,352
Feb 2003015833.487.93$1,252
Jan 2003019630.315.58$1,094
Dec 200212017826.914.85$4,093
Nov 200212215424.664.14$3,646
Oct 2002018226.464.23$770
Sep 200212418227.443.64$4,064
Aug 200213619825.963.16$4,157
Jul 200214121524.583.06$4,124
Jun 200213022023.733.34$3,819
May 200213820924.663.58$4,152
Apr 200211318423.653.51$3,319
Mar 2002018622.003.10$577
Feb 200214017818.222.38$2,974
Jan 2002024217.172.38$575
Dec 200114526316.932.36$3,077
Nov 200107418.072.41$178
Oct 20011386619.782.53$2,897
Sep 200114023624.262.25$3,928
Aug 200113820824.873.05$4,067
Jul 200114218523.933.20$3,990
Jun 200114418924.563.82$4,259
May 2001018425.524.31$793
Apr 200114623024.685.34$4,830
Mar 200143825124.545.38$12,098
Feb 200121019227.755.77$6,935
Jan 200114420927.478.40$5,711
Dec 200014922526.889.12$6,058
Nov 2000022732.215.66$1,284
Oct 200014624631.235.15$5,825
Sep 200014028231.875.19$5,924
Aug 200014730929.644.54$5,760
Jul 200014230028.534.09$5,278
Jun 2000032229.304.40$1,416
May 200014828327.263.68$5,076
Apr 200014318324.513.12$4,075
Mar 200014615728.422.86$4,598
Feb 200014516927.622.73$4,466
Jan 200014618425.272.48$4,146
Dec 199914719124.282.42$4,032
Nov 1999018323.192.43$445
Oct 199914419720.982.80$3,573
Sep 199914617821.752.62$3,642
Aug 199914612919.262.88$3,183
Jul 1999020517.892.37$486
Jun 199914421515.942.36$2,803
May 199914723615.792.32$2,869
Apr 199914322615.102.21$2,658
Mar 199914723612.471.84$2,267
Feb 19992832209.981.82$3,224
Jan 199914924010.381.90$2,003
Dec 19981472449.201.77$1,785
Nov 199814824710.892.19$2,152
Oct 199814626212.421.97$2,329
Sep 199814525812.592.08$2,363
Aug 199828226611.301.91$3,694
Jul 199827526611.742.24$3,824
Jun 199814698811.242.24$3,851
May 199814521312.622.21$2,300
Apr 199814017413.042.51$2,262
Mar 1998019712.802.31$455
Feb 199814719913.952.30$2,508
Jan 199814320414.702.15$2,542
Dec 199715019016.322.41$2,906
Nov 1997018618.193.09$574
Oct 199713821219.253.15$3,324
Sep 199714221217.742.95$3,146
Aug 199714723017.862.55$3,213
Jul 199714727117.582.25$3,193
Jun 199715029317.242.26$3,247
May 199714623618.972.31$3,314
Apr 199729810917.882.08$5,555
Mar 199714713318.951.94$3,044
Feb 1997012220.492.21$269
Jan 1997649623.483.54$1,843

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.

Jul 2011 — as filed, then multipliedworked
Oil                   70 bbl  × $ 94.14 =     $6,590
Casinghead gas         0 Mcf  × $  4.52 =         $0

────────────────────────────────────────────────────
Month total                                   $6,590

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/28081 is the state's own key, not one this site invented.