SHAFFER 'B'

Operated by ICE WELL SERVICES, INC. (P-5 421860) in the HERBER (GRAY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31348District 7BField 40646666OilCasinghead gasSaveExport
Value, all time
$1.7 M
Mar 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
171
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 2 leases and 4 wells, and the rule below applies to all of them.

Discovered
1956-03-03
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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
OilDisposition21,600 bbl$1,578,410
Casinghead gasProduction30,819 Mcf$105,435
Total$1,683,846

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 32.1746, -99.9662. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17455, -99.96620 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
5,057 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
00.0%
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.
1100.0%

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 5,057 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-4410411855,057 ftMar 2012

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 (171)

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

171 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 202144063.483.02$2,793
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210857.805.55$44
Jan 20210750.412.81$20
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202001514.751.80$27
Mar 2020671730.341.86$2,064
Feb 202003549.881.98$69
Jan 202001957.252.09$40
Dec 20191294359.012.30$7,711
Nov 201903855.302.75$105
Oct 201904553.472.42$109
Sep 2019974155.052.66$5,449
Aug 20191606453.112.30$8,645
Jul 201907856.272.46$192
Jun 20190052.782.49$0
May 20192508958.482.74$14,864
Apr 201906262.632.75$171
Mar 20190756.803.06$21
Feb 20191678950.852.79$8,740
Jan 201918010746.033.23$8,631
Dec 20181639646.594.19$7,996
Nov 201816510652.934.24$9,183
Oct 201816412661.443.40$10,504
Sep 201806859.543.11$211
Aug 20181598759.403.07$9,711
Jul 201815911365.142.93$10,689
Jun 201803660.183.08$111
May 20181635165.382.90$10,805
Apr 201805463.842.90$157
Mar 20181406361.222.79$8,746
Feb 20181585761.782.77$9,919
Jan 20181646262.874.01$10,559
Dec 201706557.272.92$190
Nov 20171587055.423.12$8,975
Oct 2017666949.292.98$3,459
Sep 20171657447.523.09$8,069
Aug 20171597645.373.00$7,442
Jul 201709243.873.09$284
Jun 20171235842.493.09$5,405
May 20171608445.373.26$7,533
Apr 201707047.933.21$225
Mar 20171578746.772.98$7,602
Feb 20171599450.452.95$8,299
Jan 201707349.413.42$250
Dec 20160048.763.72$0
Nov 201616511142.492.64$7,304
Oct 201617315146.193.09$8,458
Sep 20161649241.553.10$7,099
Aug 201616716541.442.92$7,403
Jul 201616323741.622.92$7,477
Jun 201631631445.352.69$15,174
May 201633632242.521.99$14,928
Apr 2016168036.561.99$6,142
Mar 201635623433.011.79$12,171
Feb 201634214226.472.06$9,346
Jan 2016010427.352.36$246
Dec 20150032.362.00$0
Nov 2015014138.792.17$306
Oct 201533021343.552.43$14,888
Sep 201516717742.992.76$7,668
Aug 201532215240.162.87$13,368
Jul 201531338648.152.95$16,208
Jun 201533548456.152.88$20,206
May 201534747155.212.96$20,550
Apr 201534749249.822.71$18,619
Mar 201535245742.892.93$16,438
Feb 201534939444.662.98$16,759
Jan 201534437643.433.10$16,106
Dec 201417024554.693.59$10,177
Nov 201407170.464.25$302
Oct 20141641078.303.90$12,880
Sep 20141725286.164.05$15,030
Aug 201416939289.394.04$16,689
Jul 201434462996.564.18$35,846
Jun 201452164098.164.74$54,173
May 201434864494.734.73$36,010
Apr 201432851395.944.81$33,935
Mar 201416315895.895.06$16,429
Feb 20141789497.406.19$17,919
Jan 201417430490.404.86$17,207
Dec 201317031791.824.35$16,990
Nov 201334137588.853.74$31,700
Oct 201317350397.423.78$18,755
Sep 2013350588104.113.72$38,625
Aug 2013340669104.253.52$37,802
Jul 2013338837102.523.72$37,764
Jun 201334594894.403.93$36,297
May 20135061,07794.834.15$52,453
Apr 20133481,10093.964.28$37,409
Mar 20135161,20193.623.91$53,007
Feb 20136751,06791.233.42$65,229
Jan 20135291,13591.603.42$52,338
Dec 20125341,11586.773.42$50,149
Nov 20125241,19486.953.62$49,890
Oct 20125181,17789.383.40$50,300
Sep 20126781,16594.672.92$67,586
Aug 20123461,21192.662.91$35,582
Jul 20125211,19285.133.02$47,954
Jun 20126951,12379.822.52$58,304
May 201268586391.612.49$64,900
Apr 20125050101.652.00$51,333
Mar 201200105.052.22$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 2021 — as filed, then multipliedworked
Oil                   44 bbl  × $ 63.48 =     $2,793
Casinghead gas         0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                   $2,793

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/31348 is the state's own key, not one this site invented.