SHAW-TEXACO

Name: SHAW-TEXACO lease production and value, May 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SOJOURNER DRILLING CORPORATION (P-5 800750) in the LEDBETTER RANCH (COOK SD.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28983District 7BField 52832075OilCasinghead gasSave Export

Value, all time

$1.3 M

May 2001 – Jul 2012

Value, last 12 filed months

$18 k

at the published price for each month

Months reported

135

no gaps in the span

Streams

oil, casinghead gas

The LEDBETTER RANCH (COOK SD.) 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 7 leases and 11 wells, and the rule below applies to all of them.

Discovered

1998-11-11

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

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	3,247 bbl	$146,907
Casinghead gas	Production	217,612 Mcf	$1,171,199
Total			$1,318,106

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 32.2955, -99.9735. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.29547, -99.97346 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

3,145 ft

2 wells filed one

Completion to plug

7.8 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

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

2100.0%

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 3,130 and 3,160 ft, median 3,145 ft, over the 2 wells that filed a depth.

Completions filed

Jan 2002

1 of 2 wells; 1 filed none

Plug dates filed

Nov 2009 – Mar 2012

2 of 2 wells

Last completion to plug: a median of 7.8 years across the 1 well that filed both dates, with the middle half between 7.8 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-44133997	1	3,130 ft	—	Mar 2012	Yes
42-44134033	2	3,160 ft	Jan 2002	Nov 2009	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 (135)

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

135 months


Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	150	0	91.61	2.49	$13,742
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	36	0	105.05	2.22	$3,782
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	99	80.84	3.80	$376
Oct 2010	0	34	78.10	3.51	$119
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	15	72.55	4.74	$71
Jun 2010	0	163	70.36	4.91	$800
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	24	74.36	5.96	$143
Dec 2009	0	510	71.44	5.48	$2,797
Nov 2009	0	375	74.59	3.75	$1,407
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	171	67.42	3.22	$550
Jul 2009	0	268	61.13	3.46	$928
Jun 2009	0	140	66.16	3.90	$545
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	162	42.14	4.06	$658
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	914	35.86	5.37	$4,909
Dec 2008	0	952	37.10	5.98	$5,690
Nov 2008	0	1,044	55.49	6.86	$7,162
Oct 2008	0	1,099	75.24	6.92	$7,607
Sep 2008	0	907	101.76	7.88	$7,145
Aug 2008	115	1,234	114.22	8.48	$23,603
Jul 2008	0	1,370	131.08	11.39	$15,604
Jun 2008	0	729	131.33	13.03	$9,501
May 2008	0	317	123.17	11.57	$3,669
Apr 2008	0	133	110.31	10.45	$1,391
Mar 2008	0	300	101.90	9.66	$2,899
Feb 2008	68	723	92.53	8.77	$12,633
Jan 2008	0	485	90.38	8.21	$3,980
Dec 2007	0	723	88.33	7.30	$5,279
Nov 2007	0	740	91.67	7.29	$5,396
Oct 2007	0	764	82.85	6.92	$5,288
Sep 2007	119	820	75.84	6.24	$14,145
Aug 2007	0	1,074	69.06	6.39	$6,861
Jul 2007	0	927	70.90	6.39	$5,922
Jun 2007	0	980	62.00	7.55	$7,397
May 2007	0	1,067	58.74	7.85	$8,372
Apr 2007	0	1,048	59.61	7.81	$8,180
Mar 2007	0	1,337	56.92	7.30	$9,763
Feb 2007	129	1,404	55.10	8.22	$18,643
Jan 2007	0	1,435	50.30	6.73	$9,653
Dec 2006	0	1,412	56.65	6.92	$9,769
Nov 2006	0	366	54.20	7.62	$2,788
Oct 2006	0	276	54.90	6.01	$1,660
Sep 2006	0	616	60.08	5.04	$3,103
Aug 2006	145	1,742	68.71	7.34	$22,749
Jul 2006	0	2,052	69.37	6.34	$13,015
Jun 2006	0	1,365	66.28	6.38	$8,714
May 2006	80	1,755	66.01	6.42	$16,557
Apr 2006	0	2,250	64.39	7.36	$16,561
Mar 2006	0	723	56.70	7.08	$5,121
Feb 2006	0	1,112	57.59	7.75	$8,619
Jan 2006	127	2,277	60.59	8.93	$28,036
Dec 2005	46	2,572	54.94	13.42	$37,032
Nov 2005	0	2,228	54.69	10.59	$23,591
Oct 2005	0	289	58.34	13.80	$3,987
Sep 2005	35	901	61.45	12.08	$13,034
Aug 2005	0	1,717	61.51	9.80	$16,821
Jul 2005	43	1,966	55.69	7.84	$17,815
Jun 2005	54	2,002	52.33	7.38	$17,603
May 2005	0	2,410	45.22	6.65	$16,029
Apr 2005	60	2,738	49.20	7.36	$23,105
Mar 2005	115	3,173	50.37	7.15	$28,495
Feb 2005	0	1,331	45.22	6.31	$8,401
Jan 2005	0	364	43.16	6.32	$2,301
Dec 2004	76	555	39.86	6.75	$6,776
Nov 2004	0	1,557	45.28	6.33	$9,856
Oct 2004	0	1,767	49.70	6.52	$11,512
Sep 2004	0	1,931	43.24	5.28	$10,203
Aug 2004	52	1,677	42.37	5.55	$11,512
Jul 2004	41	0	38.28	6.08	$1,569
Jun 2004	0	2,175	36.10	6.43	$13,992
May 2004	33	2,421	37.48	6.49	$16,960
Apr 2004	98	2,317	34.47	5.86	$16,952
Mar 2004	0	2,487	34.36	5.53	$13,753
Feb 2004	0	2,186	32.45	5.51	$12,044
Jan 2004	35	2,592	32.03	6.30	$17,450
Dec 2003	51	2,183	30.26	6.30	$15,300
Nov 2003	33	3,086	28.80	4.60	$15,131
Oct 2003	76	3,467	28.17	4.76	$18,643
Sep 2003	60	2,857	26.31	4.75	$15,148
Aug 2003	0	3,131	29.76	5.13	$16,061
Jul 2003	0	4,150	29.41	5.17	$21,459
Jun 2003	118	3,636	28.56	5.98	$25,124
May 2003	0	4,007	26.59	5.97	$23,933
Apr 2003	0	4,764	26.67	5.41	$25,760
Mar 2003	160	4,635	31.14	6.10	$33,238
Feb 2003	0	4,367	33.48	7.93	$34,612
Jan 2003	75	5,765	30.31	5.58	$34,454
Dec 2002	0	6,082	26.91	4.85	$29,521
Nov 2002	165	4,656	24.66	4.14	$23,331
Oct 2002	0	6,721	26.46	4.23	$28,424
Sep 2002	0	7,118	27.44	3.64	$25,875
Aug 2002	161	7,118	25.96	3.16	$26,702
Jul 2002	0	8,034	24.58	3.06	$24,598
Jun 2002	174	8,427	23.73	3.34	$32,260
May 2002	0	6,549	24.66	3.58	$23,472
Apr 2002	134	1,489	23.65	3.51	$8,399
Mar 2002	0	3,788	22.00	3.10	$11,753
Feb 2002	171	5,097	18.22	2.38	$15,224
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	2,576	16.93	2.36	$6,091
Nov 2001	152	5,767	18.07	2.41	$16,619
Oct 2001	0	6,560	19.78	2.53	$16,589
Sep 2001	60	2,331	24.26	2.25	$6,703
Aug 2001	0	670	24.87	3.05	$2,046
Jul 2001	0	2,245	23.93	3.20	$7,177
Jun 2001	0	1,260	24.56	3.82	$4,818
May 2001	0	1,287	25.52	4.31	$5,544

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.

May 2012 — as filed, then multipliedworked

Oil                  150 bbl  × $ 91.61 =    $13,742
Casinghead gas         0 Mcf  × $  2.49 =         $0

────────────────────────────────────────────────────
Month total                                  $13,742

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/28983 is the state's own key, not one this site invented.