SHEPARD

Operated by BRAKA OPERATING, L.L.C. (P-5 88563) in the PALO PINTO COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29364District 7BField 68707001OilCasinghead gasSaveExport
Value, all time
$249 k
Jan 2004 – Mar 2015
Value, last 12 filed months
$284
at the published price for each month
Months reported
135
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 344 leases and 721 wells, and the rule below applies to all of them.

Discovered
1915-12-31
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

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
OilDisposition2,492 bbl$135,305
Casinghead gasProduction15,672 Mcf$113,446
Total$248,751

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 32.6190, -98.5754. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.61901, -98.57536 · 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
4,150 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 4,150 ft.

Completions filed
Jan 2004
1 of 1 wells

1 well

42-3633520114,150 ftJan 2004Yes

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

Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20143094.734.73$284
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 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 201109496.364.06$381
Feb 201102385.644.18$96
Jan 201105786.504.59$262
Dec 201004785.734.35$204
Nov 201003880.843.80$144
Oct 201001678.103.51$56
Sep 201003672.633.98$143
Aug 20100273.684.42$9
Jul 201003772.554.74$175
Jun 201002970.364.91$142
May 201003071.124.24$127
Apr 201006281.694.12$256
Mar 201005978.394.39$259
Feb 201001973.585.44$103
Jan 201007274.365.96$429
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 200902572.544.11$103
Sep 200905665.543.06$172
Aug 200904867.423.22$154
Jul 2009602061.133.46$36,800
Jun 200977566.163.90$5,114
May 20090554.743.93$20
Apr 200908446.773.59$301
Mar 200905642.144.06$227
Feb 200907832.814.63$361
Jan 200906935.865.37$371
Dec 20080237.105.98$12
Nov 2008044855.496.86$3,073
Oct 20081081175.246.92$8,202
Sep 20080219101.767.88$1,725
Aug 20080178114.228.48$1,510
Jul 20080150131.0811.39$1,708
Jun 200800131.3313.03$0
May 20080166123.1711.57$1,921
Apr 20080349110.3110.45$3,649
Mar 20080176101.909.66$1,701
Feb 200804892.538.77$421
Jan 20080790.388.21$57
Dec 200707788.337.30$562
Nov 20071857291.677.29$17,484
Oct 200703382.856.92$228
Sep 200704075.846.24$250
Aug 200708969.066.39$569
Jul 200704470.906.39$281
Jun 2007019362.007.55$1,457
May 2007013558.747.85$1,059
Apr 200704259.617.81$328
Mar 200703856.927.30$277
Feb 200706155.108.22$501
Jan 20071814650.306.73$9,414
Dec 2006012156.656.92$837
Nov 2006016054.207.62$1,219
Oct 2006034654.906.01$2,081
Sep 2006019160.085.04$962
Aug 2006020768.717.34$1,519
Jul 2006018669.376.34$1,180
Jun 200601766.286.38$109
May 2006013766.016.42$880
Apr 20061899264.397.36$12,847
Mar 2006022156.707.08$1,565
Feb 2006020757.597.75$1,604
Jan 2006042860.598.93$3,823
Dec 2005030554.9413.42$4,092
Nov 2005030654.6910.59$3,240
Oct 2005039558.3413.80$5,449
Sep 2005038161.4512.08$4,602
Aug 200514221561.519.80$10,841
Jul 2005021555.697.84$1,686
Jun 2005036352.337.38$2,679
May 2005050445.226.65$3,352
Apr 2005042049.207.36$3,091
Mar 2005035850.377.15$2,561
Feb 200516036745.226.31$9,552
Jan 2005023043.166.32$1,454
Dec 2004037539.866.75$2,532
Nov 2004044145.286.33$2,792
Oct 2004044749.706.52$2,912
Sep 200413050643.245.28$8,295
Aug 2004052842.375.55$2,931
Jul 2004040838.286.08$2,482
Jun 200435047936.106.43$15,716
May 2004054537.486.49$3,540
Apr 2004062334.475.86$3,650
Mar 200436555534.365.53$15,611
Feb 2004072232.455.51$3,978
Jan 20040032.036.30$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.

May 2014 — as filed, then multipliedworked
Oil                    3 bbl  × $ 94.73 =       $284
Casinghead gas         0 Mcf  × $  4.73 =         $0

────────────────────────────────────────────────────
Month total                                     $284

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/29364 is the state's own key, not one this site invented.