SHANNON "L"

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

Operated by VANCO OIL & GAS CORP. (P-5 881484) in the NOELKE, NE. (QUEEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 19068District 7CField 65677500NGPA filingGasSave Export

Value, all time

$131 k

Jan 1993 – Oct 2008

Value, last 12 filed months

$1 k

at the published price for each month

Months reported

190

no gaps in the span

Streams

gas

The NOELKE, NE. (QUEEN) 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 35 leases and 35 wells, and the rule below applies to all of them.

Discovered

1943-09-27

as the register files it

Field class

Oil and gas

the register's own label

Between wells

2,640 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: “EFFECTIVE 11/01/82”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
Gas	Production	42,206 Mcf	$131,283
Total			$131,283

12,257 Mcf of this lease's gas, across 42 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 30.9028, -101.7687. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.90280, -101.76874 · 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

2,232 ft

1 wells filed one

Completion to plug

54.8 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 2,232 ft.

Completions filed

Jan 1954

1 of 1 wells

Plug dates filed

Oct 2008

1 of 1 wells

Last completion to plug: a median of 54.8 years across the 1 well that filed both dates, with the middle half between 54.8 years and 54.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-10502952	1	2,232 ft	Jan 1954	Oct 2008	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 (190)

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

190 months


Oct 2008	0	75.24	6.92	$0
Sep 2008	0	101.76	7.88	$0
Aug 2008	15	114.22	8.48	$127
Jul 2008	15	131.08	11.39	$171
Jun 2008	21	131.33	13.03	$274
May 2008	17	123.17	11.57	$197
Apr 2008	9	110.31	10.45	$94
Mar 2008	12	101.90	9.66	$116
Feb 2008	7	92.53	8.77	$61
Jan 2008	3	90.38	8.21	$25
Dec 2007	4	88.33	7.30	$29
Nov 2007	0	91.67	7.29	$0
Oct 2007	55	82.85	6.92	$381
Sep 2007	149	75.84	6.24	$930
Aug 2007	0	69.06	6.39	$0
Jul 2007	239	70.90	6.39	$1,527
Jun 2007	239	62.00	7.55	$1,804
May 2007	269	58.74	7.85	$2,111
Apr 2007	309	59.61	7.81	$2,412
Mar 2007	285	56.92	7.30	$2,081
Feb 2007	186	55.10	8.22	$1,528
Jan 2007	200	50.30	6.73	$1,345
Dec 2006	268	56.65	6.92	$1,854
Nov 2006	113	54.20	7.62	$861
Oct 2006	0	54.90	6.01	$0
Sep 2006	13	60.08	5.04	$65
Aug 2006	7	68.71	7.34	$51
Jul 2006	6	69.37	6.34	$38
Jun 2006	0	66.28	6.38	$0
May 2006	123	66.01	6.42	$790
Apr 2006	0	64.39	7.36	$0
Mar 2006	0	56.70	7.08	$0
Feb 2006	40	57.59	7.75	$310
Jan 2006	0	60.59	8.93	$0
Dec 2005	0	54.94	13.42	$0
Nov 2005	0	54.69	10.59	$0
Oct 2005	0	58.34	13.80	$0
Sep 2005	0	61.45	12.08	$0
Aug 2005	1	61.51	9.80	$10
Jul 2005	5	55.69	7.84	$39
Jun 2005	53	52.33	7.38	$391
May 2005	72	45.22	6.65	$479
Apr 2005	144	49.20	7.36	$1,060
Mar 2005	74	50.37	7.15	$529
Feb 2005	116	45.22	6.31	$732
Jan 2005	310	43.16	6.32	$1,960
Dec 2004	351	39.86	6.75	$2,370
Nov 2004	124	45.28	6.33	$785
Oct 2004	128	49.70	6.52	$834
Sep 2004	540	43.24	5.28	$2,853
Aug 2004	125	42.37	5.55	$694
Jul 2004	79	38.28	6.08	$481
Jun 2004	139	36.10	6.43	$894
May 2004	279	37.48	6.49	$1,812
Apr 2004	348	34.47	5.86	$2,039
Mar 2004	387	34.36	5.53	$2,140
Feb 2004	368	32.45	5.51	$2,028
Jan 2004	412	32.03	6.30	$2,595
Dec 2003	516	30.26	6.30	$3,252
Nov 2003	574	28.80	4.60	$2,638
Oct 2003	492	28.17	4.76	$2,342
Sep 2003	574	26.31	4.75	$2,726
Aug 2003	367	29.76	5.13	$1,883
Jul 2003	496	29.41	5.17	$2,565
Jun 2003	468	28.56	5.98	$2,800
May 2003	456	26.59	5.97	$2,724
Apr 2003	266	26.67	5.41	$1,438
Mar 2003	220	31.14	6.10	$1,341
Feb 2003	286	33.48	7.93	$2,267
Jan 2003	268	30.31	5.58	$1,496
Dec 2002	204	26.91	4.85	$990
Nov 2002	202	24.66	4.14	$836
Oct 2002	502	26.46	4.23	$2,123
Sep 2002	446	27.44	3.64	$1,621
Aug 2002	189	25.96	3.16	$598
Jul 2002	101	24.58	3.06	$309
Jun 2002	47	23.73	3.34	$157
May 2002	64	24.66	3.58	$229
Apr 2002	107	23.65	3.51	$376
Mar 2002	170	22.00	3.10	$527
Feb 2002	331	18.22	2.38	$786
Jan 2002	326	17.17	2.38	$774
Dec 2001	87	16.93	2.36	$206
Nov 2001	13	18.07	2.41	$31
Oct 2001	331	19.78	2.53	$837
Sep 2001	482	24.26	2.25	$1,085
Aug 2001	705	24.87	3.05	$2,152
Jul 2001	442	23.93	3.20	$1,413
Jun 2001	366	24.56	3.82	$1,400
May 2001	375	25.52	4.31	$1,615
Apr 2001	418	24.68	5.34	$2,230
Mar 2001	286	24.54	5.38	$1,538
Feb 2001	401	27.75	5.77	$2,313
Jan 2001	270	27.47	8.40	$2,268
Dec 2000	278	26.88	9.12	$2,536
Nov 2000	264	32.21	5.66	$1,494
Oct 2000	271	31.23	5.15	$1,394
Sep 2000	349	31.87	5.19	$1,810
Aug 2000	417	29.64	4.54	$1,893
Jul 2000	259	28.53	4.09	$1,059
Jun 2000	235	29.30	4.40	$1,033
May 2000	290	27.26	3.68	$1,067
Apr 2000	198	24.51	3.12	$617
Mar 2000	132	28.42	2.86	$377
Feb 2000	0	27.62	2.73	$0
Jan 2000	7	25.27	2.48	$17
Dec 1999	187	24.28	2.42	$453
Nov 1999	177	23.19	2.43	$431
Oct 1999	357	20.98	2.80	$1,001
Sep 1999	381	21.75	2.62	$998
Aug 1999	383	19.26	2.88	$1,101
Jul 1999	305	17.89	2.37	$724
Jun 1999	305	15.94	2.36	$720
May 1999	274	15.79	2.32	$636
Apr 1999	316	15.10	2.21	$698
Mar 1999	310	12.47	1.84	$570
Feb 1999	375	9.98	1.82	$682
Jan 1999	601	10.38	1.90	$1,142
Dec 1998	602	9.20	1.77	$1,068
Nov 1998	451	10.89	2.19	$986
Oct 1998	211	12.42	1.97	$416
Sep 1998	241	12.59	2.08	$502
Aug 1998	254	11.30	1.91	$484
Jul 1998	132	11.74	2.24	$295
Jun 1998	153	11.24	2.24	$342
May 1998	79	12.62	2.21	$174
Apr 1998	72	13.04	2.51	$180
Mar 1998	67	12.80	2.31	$155
Feb 1998	116	13.95	2.30	$267
Jan 1998	88	14.70	2.15	$190
Dec 1997	311	16.32	2.41	$750
Nov 1997	415	18.19	3.09	$1,282
Oct 1997	96	19.25	3.15	$302
Sep 1997	326	17.74	2.95	$963
Aug 1997	313	17.86	2.55	$800
Jul 1997	253	17.58	2.25	$568
Jun 1997	243	17.24	2.26	$549
May 1997	185	18.97	2.31	$427
Apr 1997	137	17.88	2.08	$285
Mar 1997	26	18.95	1.94	$50
Feb 1997	0	20.49	2.21	$0
Jan 1997	0	23.48	3.54	$0
Dec 1996	299	23.32	—	$0
Nov 1996	635	21.97	—	$0
Oct 1996	612	23.31	—	$0
Sep 1996	484	22.22	—	$0
Aug 1996	357	20.26	—	$0
Jul 1996	371	19.55	—	$0
Jun 1996	0	18.73	—	$0
May 1996	245	19.43	—	$0
Apr 1996	102	21.51	—	$0
Mar 1996	185	19.38	—	$0
Feb 1996	213	16.98	—	$0
Jan 1996	383	17.07	—	$0
Dec 1995	511	17.19	—	$0
Nov 1995	616	16.00	—	$0
Oct 1995	490	15.43	—	$0
Sep 1995	275	16.18	—	$0
Aug 1995	435	15.92	—	$0
Jul 1995	457	15.24	—	$0
Jun 1995	546	16.41	—	$0
May 1995	535	17.56	—	$0
Apr 1995	576	17.73	—	$0
Mar 1995	443	16.44	—	$0
Feb 1995	363	16.58	—	$0
Jan 1995	433	15.92	—	$0
Dec 1994	457	15.03	—	$0
Nov 1994	267	15.90	—	$0
Oct 1994	58	15.58	—	$0
Sep 1994	34	15.29	—	$0
Aug 1994	15	16.13	—	$0
Jul 1994	0	17.56	—	$0
Jun 1994	0	17.09	—	$0
May 1994	24	15.88	—	$0
Apr 1994	125	14.14	—	$0
Mar 1994	194	12.46	—	$0
Feb 1994	63	12.50	—	$0
Jan 1994	0	12.66	—	$0
Dec 1993	0	12.33	—	$0
Nov 1993	15	14.49	—	$0
Oct 1993	11	15.85	—	$0
Sep 1993	9	15.03	—	$0
Aug 1993	0	15.66	—	$0
Jul 1993	8	15.46	—	$0
Jun 1993	154	16.79	—	$0
May 1993	180	17.68	—	$0
Apr 1993	193	18.05	—	$0
Mar 1993	362	18.14	—	$0
Feb 1993	252	17.90	—	$0
Jan 1993	270	16.93	—	$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.

Aug 2008 — as filed, then multipliedworked

Gas                   15 Mcf  × $  8.48 =       $127

────────────────────────────────────────────────────
Month total                                     $127

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. 7C/G/19068 is the state's own key, not one this site invented.