SHANNON EST. -3-

Operated by BOAZ ENERGY II OPERATING, LLC (P-5 78032) in the NOELKE, SOUTHEAST (QUEEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 224341District 7CField 65680333CondensateGasSaveExport
Value, all time
$141 k
Aug 2006 – Mar 2014
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
92
no gaps in the span
Streams
2
condensate, 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 18 leases and 67 wells, and the rule below applies to all of them.

Discovered
1958-11-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
300 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2013-02-01.

The Commission's schedule remark for this field reads: PER DOCKET 7C-0279182, CORRELATIVE INTERVAL IS FROM 1560-2020 FT.

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
CondensateDisposition457 bbl$38,817
GasProduction15,764 Mcf$102,220
Total$141,037

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 30.8763, -101.7823. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.87633, -101.78226 · 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
2,450 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 2,450 ft.

Completions filed
Jul 2007
1 of 1 wells

1 well

42-1053999742,450 ftJul 2007Yes

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 (92)

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

92 months

Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 201441090.404.86$3,706
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 20131672091.233.42$15,304
Jan 201306691.603.42$226
Dec 2012010186.773.42$345
Nov 2012010086.953.62$363
Oct 2012010689.383.40$360
Sep 2012010194.672.92$295
Aug 2012013792.662.91$398
Jul 2012010285.133.02$308
Jun 201224910279.822.52$20,132
May 2012010991.612.49$271
Apr 20120100101.652.00$200
Mar 20120101105.052.22$224
Feb 20120100101.102.57$257
Jan 2012010098.092.73$273
Dec 2011010296.873.24$330
Nov 2011010095.723.31$331
Oct 2011010084.983.65$365
Sep 2011010083.623.99$399
Aug 2011010983.404.15$452
Jul 2011010194.144.52$456
Jun 2011010592.904.64$487
May 2011010398.134.40$454
Apr 20110111105.964.33$481
Mar 2011014496.364.06$584
Feb 2011012185.644.18$506
Jan 2011010586.504.59$482
Dec 2010010685.734.35$461
Nov 2010013480.843.80$509
Oct 2010011678.103.51$407
Sep 201006172.633.98$243
Aug 201007273.684.42$318
Jul 201006372.554.74$298
Jun 201006870.364.91$334
May 201008971.124.24$377
Apr 201008781.694.12$359
Mar 2010010278.394.39$448
Feb 20100573.585.44$27
Jan 201001474.365.96$84
Dec 200905571.445.48$302
Nov 200906574.593.75$244
Oct 200908772.544.11$358
Sep 200907965.543.06$242
Aug 200908767.423.22$280
Jul 200909361.133.46$322
Jun 2009011566.163.90$448
May 2009011554.743.93$451
Apr 2009011646.773.59$416
Mar 2009011042.144.06$446
Feb 2009013932.814.63$644
Jan 2009015935.865.37$854
Dec 2008018037.105.98$1,076
Nov 2008028555.496.86$1,955
Oct 2008021575.246.92$1,488
Sep 20080257101.767.88$2,024
Aug 20080321114.228.48$2,723
Jul 20080720131.0811.39$8,200
Jun 2008097131.3313.03$1,264
May 20080247123.1711.57$2,859
Apr 20080501110.3110.45$5,238
Mar 20080400101.909.66$3,866
Feb 2008045292.538.77$3,964
Jan 2008055290.388.21$4,530
Dec 2007070288.337.30$5,126
Nov 2007076291.677.29$5,556
Oct 200701,36782.856.92$9,462
Sep 200701,50775.846.24$9,410
Aug 200702,41669.066.39$15,433
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$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.

Jan 2014 — as filed, then multipliedworked
Condensate            41 bbl  × $ 90.40 =     $3,706
Gas                    0 Mcf  × $  4.86 =         $0

────────────────────────────────────────────────────
Month total                                   $3,706

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/224341 is the state's own key, not one this site invented.