SHANNON ESTATE -M-2-

Name: SHANNON ESTATE -M-2- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ASPEN OPERATING COMPANY, L.L.C. (P-5 35430) in the OLSON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1135District 7CField 67284001OilCasinghead gasSave

Value, all time

$2.9 M

Jan 1993 – Jun 2015

Value, last 12 filed months

$44 k

at the published price for each month

Months reported

270

no gaps in the span

Streams

oil, casinghead gas

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	89,392 bbl	$2,876,538
Casinghead gas	Production	21 Mcf	$0
Total			$2,876,538

21 Mcf of this lease's gas, across 21 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 (8)

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 31.1381, -101.2414. A lease has no coordinate of its own — that point is the mean of its wells, and they span 116.2 miles, so treat it as the lease's centre and not as its location.

31.44190, -100.75041 · 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

75.0%

6 of 8 wells

With a plug date

75.0%

6 of 8 wells

Median depth

2,293 ft

8 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

675.0%

A plug date is filed

675.0%

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

675.0%

NeitherNo plug date, and not on the schedule.

225.0%

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

10k

12k

15k

20k+

Total depth in feet, 8 of 8 wells. Median 2,293 ft, with the middle half between 2,138 and 4,088 ft; the shallowest is 1,896 ft and the deepest 7,598 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

90s

Last completion by decade, 2 of 8 wells, Jul 1991 – Sep 1991. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Jul 1991 – Sep 1991

2 of 8 wells; 6 filed none

Plug dates filed

Apr 1972 – Jul 1995

6 of 8 wells; 2 filed none

8 wells


42-10502295	12	1,896 ft	—	Apr 1991	Yes
42-10502297	13	7,598 ft	—	Nov 1994	Yes
42-10502299	14	2,143 ft	—	Jul 1995	Yes
42-10502303	16	2,122 ft	—	Aug 1991	Yes
42-39900641	2	4,085 ft	—	Mar 1988	Yes
42-39900644	5	4,096 ft	—	Apr 1972	Yes
42-10535979	16 R	2,285 ft	Sep 1991	—	—
42-10535952	12 R	2,300 ft	Jul 1991	—	—

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 (270)

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

270 months


Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	89	0	54.69	3.59	$4,867
Nov 2014	41	0	70.46	4.25	$2,889
Oct 2014	125	0	78.30	3.90	$9,788
Sep 2014	47	0	86.16	4.05	$4,050
Aug 2014	112	0	89.39	4.04	$10,012
Jul 2014	128	0	96.56	4.18	$12,360
Jun 2014	113	0	98.16	4.74	$11,092
May 2014	47	0	94.73	4.73	$4,452
Apr 2014	147	0	95.94	4.81	$14,103
Mar 2014	66	0	95.89	5.06	$6,329
Feb 2014	47	0	97.40	6.19	$4,578
Jan 2014	50	0	90.40	4.86	$4,520
Dec 2013	17	0	91.82	4.35	$1,561
Nov 2013	29	0	88.85	3.74	$2,577
Oct 2013	55	0	97.42	3.78	$5,358
Sep 2013	41	0	104.11	3.72	$4,269
Aug 2013	45	0	104.25	3.52	$4,691
Jul 2013	47	0	102.52	3.72	$4,818
Jun 2013	44	0	94.40	3.93	$4,154
May 2013	44	0	94.83	4.15	$4,173
Apr 2013	37	0	93.96	4.28	$3,477
Mar 2013	27	0	93.62	3.91	$2,528
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	285	0	91.60	3.42	$26,106
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	425	0	86.95	3.62	$36,954
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	234	0	94.67	2.92	$22,153
Aug 2012	368	0	92.66	2.91	$34,099
Jul 2012	275	0	85.13	3.02	$23,411
Jun 2012	342	0	79.82	2.52	$27,298
May 2012	189	0	91.61	2.49	$17,314
Apr 2012	516	0	101.65	2.00	$52,451
Mar 2012	243	0	105.05	2.22	$25,527
Feb 2012	100	0	101.10	2.57	$10,110
Jan 2012	303	0	98.09	2.73	$29,721
Dec 2011	78	0	96.87	3.24	$7,556
Nov 2011	192	0	95.72	3.31	$18,378
Oct 2011	177	0	84.98	3.65	$15,041
Sep 2011	98	0	83.62	3.99	$8,195
Aug 2011	95	0	83.40	4.15	$7,923
Jul 2011	133	0	94.14	4.52	$12,521
Jun 2011	155	0	92.90	4.64	$14,400
May 2011	92	0	98.13	4.40	$9,028
Apr 2011	110	0	105.96	4.33	$11,656
Mar 2011	144	0	96.36	4.06	$13,876
Feb 2011	146	0	85.64	4.18	$12,503
Jan 2011	175	0	86.50	4.59	$15,138
Dec 2010	140	0	85.73	4.35	$12,002
Nov 2010	133	0	80.84	3.80	$10,752
Oct 2010	158	0	78.10	3.51	$12,340
Sep 2010	150	0	72.63	3.98	$10,895
Aug 2010	151	0	73.68	4.42	$11,126
Jul 2010	150	0	72.55	4.74	$10,883
Jun 2010	148	0	70.36	4.91	$10,413
May 2010	161	0	71.12	4.24	$11,450
Apr 2010	172	0	81.69	4.12	$14,051
Mar 2010	174	0	78.39	4.39	$13,640
Feb 2010	168	0	73.58	5.44	$12,361
Jan 2010	184	0	74.36	5.96	$13,682
Dec 2009	205	0	71.44	5.48	$14,645
Nov 2009	210	0	74.59	3.75	$15,664
Oct 2009	210	0	72.54	4.11	$15,233
Sep 2009	212	0	65.54	3.06	$13,894
Aug 2009	206	0	67.42	3.22	$13,889
Jul 2009	273	0	61.13	3.46	$16,688
Jun 2009	242	0	66.16	3.90	$16,011
May 2009	228	0	54.74	3.93	$12,481
Apr 2009	250	0	46.77	3.59	$11,693
Mar 2009	227	0	42.14	4.06	$9,566
Feb 2009	205	0	32.81	4.63	$6,726
Jan 2009	203	0	35.86	5.37	$7,280
Dec 2008	254	0	37.10	5.98	$9,423
Nov 2008	210	0	55.49	6.86	$11,653
Oct 2008	274	0	75.24	6.92	$20,616
Sep 2008	304	0	101.76	7.88	$30,935
Aug 2008	301	0	114.22	8.48	$34,380
Jul 2008	309	0	131.08	11.39	$40,504
Jun 2008	158	0	131.33	13.03	$20,750
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	262	0	101.90	9.66	$26,698
Feb 2008	50	0	92.53	8.77	$4,627
Jan 2008	356	0	90.38	8.21	$32,175
Dec 2007	346	0	88.33	7.30	$30,562
Nov 2007	249	0	91.67	7.29	$22,826
Oct 2007	271	0	82.85	6.92	$22,452
Sep 2007	221	0	75.84	6.24	$16,761
Aug 2007	333	0	69.06	6.39	$22,997
Jul 2007	137	0	70.90	6.39	$9,713
Jun 2007	0	0	62.00	7.55	$0
May 2007	177	0	58.74	7.85	$10,397
Apr 2007	172	0	59.61	7.81	$10,253
Mar 2007	191	0	56.92	7.30	$10,872
Feb 2007	204	0	55.10	8.22	$11,240
Jan 2007	156	0	50.30	6.73	$7,847
Dec 2006	185	0	56.65	6.92	$10,480
Nov 2006	211	0	54.20	7.62	$11,436
Oct 2006	193	0	54.90	6.01	$10,596
Sep 2006	169	0	60.08	5.04	$10,154
Aug 2006	229	0	68.71	7.34	$15,735
Jul 2006	378	0	69.37	6.34	$26,222
Jun 2006	262	0	66.28	6.38	$17,365
May 2006	210	0	66.01	6.42	$13,862
Apr 2006	174	0	64.39	7.36	$11,204
Mar 2006	178	0	56.70	7.08	$10,093
Feb 2006	129	0	57.59	7.75	$7,429
Jan 2006	152	0	60.59	8.93	$9,210
Dec 2005	146	0	54.94	13.42	$8,021
Nov 2005	162	0	54.69	10.59	$8,860
Oct 2005	191	0	58.34	13.80	$11,143
Sep 2005	194	0	61.45	12.08	$11,921
Aug 2005	204	0	61.51	9.80	$12,548
Jul 2005	197	0	55.69	7.84	$10,971
Jun 2005	206	0	52.33	7.38	$10,780
May 2005	235	0	45.22	6.65	$10,627
Apr 2005	214	0	49.20	7.36	$10,529
Mar 2005	232	0	50.37	7.15	$11,686
Feb 2005	178	0	45.22	6.31	$8,049
Jan 2005	209	0	43.16	6.32	$9,020
Dec 2004	37	0	39.86	6.75	$1,475
Nov 2004	210	0	45.28	6.33	$9,509
Oct 2004	169	0	49.70	6.52	$8,399
Sep 2004	222	0	43.24	5.28	$9,599
Aug 2004	206	0	42.37	5.55	$8,728
Jul 2004	227	0	38.28	6.08	$8,690
Jun 2004	200	0	36.10	6.43	$7,220
May 2004	197	0	37.48	6.49	$7,384
Apr 2004	114	0	34.47	5.86	$3,930
Mar 2004	126	0	34.36	5.53	$4,329
Feb 2004	120	0	32.45	5.51	$3,894
Jan 2004	243	0	32.03	6.30	$7,783
Dec 2003	240	0	30.26	6.30	$7,262
Nov 2003	250	0	28.80	4.60	$7,200
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	26	0	29.76	5.13	$774
Jul 2003	341	0	29.41	5.17	$10,029
Jun 2003	306	0	28.56	5.98	$8,739
May 2003	332	0	26.59	5.97	$8,828
Apr 2003	340	0	26.67	5.41	$9,068
Mar 2003	309	0	31.14	6.10	$9,622
Feb 2003	240	0	33.48	7.93	$8,035
Jan 2003	130	0	30.31	5.58	$3,940
Dec 2002	211	0	26.91	4.85	$5,678
Nov 2002	114	0	24.66	4.14	$2,811
Oct 2002	299	0	26.46	4.23	$7,912
Sep 2002	288	0	27.44	3.64	$7,903
Aug 2002	310	0	25.96	3.16	$8,048
Jul 2002	349	0	24.58	3.06	$8,578
Jun 2002	401	0	23.73	3.34	$9,516
May 2002	423	0	24.66	3.58	$10,431
Apr 2002	278	0	23.65	3.51	$6,575
Mar 2002	181	0	22.00	3.10	$3,982
Feb 2002	62	0	18.22	2.38	$1,130
Jan 2002	162	0	17.17	2.38	$2,782
Dec 2001	256	0	16.93	2.36	$4,334
Nov 2001	166	0	18.07	2.41	$3,000
Oct 2001	39	0	19.78	2.53	$771
Sep 2001	201	0	24.26	2.25	$4,876
Aug 2001	219	0	24.87	3.05	$5,447
Jul 2001	308	0	23.93	3.20	$7,370
Jun 2001	352	0	24.56	3.82	$8,645
May 2001	371	0	25.52	4.31	$9,468
Apr 2001	317	0	24.68	5.34	$7,824
Mar 2001	273	0	24.54	5.38	$6,699
Feb 2001	296	0	27.75	5.77	$8,214
Jan 2001	299	0	27.47	8.40	$8,214
Dec 2000	342	0	26.88	9.12	$9,193
Nov 2000	334	0	32.21	5.66	$10,758
Oct 2000	332	0	31.23	5.15	$10,368
Sep 2000	372	0	31.87	5.19	$11,856
Aug 2000	370	0	29.64	4.54	$10,967
Jul 2000	393	0	28.53	4.09	$11,212
Jun 2000	371	0	29.30	4.40	$10,870
May 2000	409	0	27.26	3.68	$11,149
Apr 2000	404	0	24.51	3.12	$9,902
Mar 2000	356	0	28.42	2.86	$10,118
Feb 2000	258	0	27.62	2.73	$7,126
Jan 2000	193	0	25.27	2.48	$4,877
Dec 1999	473	0	24.28	2.42	$11,484
Nov 1999	554	0	23.19	2.43	$12,847
Oct 1999	556	0	20.98	2.80	$11,665
Sep 1999	534	0	21.75	2.62	$11,615
Aug 1999	610	0	19.26	2.88	$11,749
Jul 1999	682	0	17.89	2.37	$12,201
Jun 1999	577	0	15.94	2.36	$9,197
May 1999	649	0	15.79	2.32	$10,248
Apr 1999	653	0	15.10	2.21	$9,860
Mar 1999	661	0	12.47	1.84	$8,243
Feb 1999	674	0	9.98	1.82	$6,727
Jan 1999	629	0	10.38	1.90	$6,529
Dec 1998	497	0	9.20	1.77	$4,572
Nov 1998	633	0	10.89	2.19	$6,893
Oct 1998	721	0	12.42	1.97	$8,955
Sep 1998	562	0	12.59	2.08	$7,076
Aug 1998	582	0	11.30	1.91	$6,577
Jul 1998	543	0	11.74	2.24	$6,375
Jun 1998	333	0	11.24	2.24	$3,743
May 1998	325	0	12.62	2.21	$4,102
Apr 1998	79	0	13.04	2.51	$1,030
Mar 1998	392	0	12.80	2.31	$5,018
Feb 1998	338	0	13.95	2.30	$4,715
Jan 1998	242	0	14.70	2.15	$3,557
Dec 1997	338	0	16.32	2.41	$5,516
Nov 1997	249	0	18.19	3.09	$4,529
Oct 1997	492	0	19.25	3.15	$9,471
Sep 1997	521	0	17.74	2.95	$9,243
Aug 1997	590	0	17.86	2.55	$10,537
Jul 1997	604	0	17.58	2.25	$10,618
Jun 1997	551	0	17.24	2.26	$9,499
May 1997	597	0	18.97	2.31	$11,325
Apr 1997	548	0	17.88	2.08	$9,798
Mar 1997	601	0	18.95	1.94	$11,389
Feb 1997	527	0	20.49	2.21	$10,798
Jan 1997	578	0	23.48	3.54	$13,571
Dec 1996	584	0	23.32	—	$13,619
Nov 1996	492	0	21.97	—	$10,809
Oct 1996	535	0	23.31	—	$12,471
Sep 1996	542	0	22.22	—	$12,043
Aug 1996	555	0	20.26	—	$11,244
Jul 1996	574	0	19.55	—	$11,222
Jun 1996	590	0	18.73	—	$11,051
May 1996	587	0	19.43	—	$11,405
Apr 1996	562	0	21.51	—	$12,089
Mar 1996	603	0	19.38	—	$11,686
Feb 1996	533	0	16.98	—	$9,050
Jan 1996	543	0	17.07	—	$9,269
Dec 1995	620	0	17.19	—	$10,658
Nov 1995	578	0	16.00	—	$9,248
Oct 1995	592	0	15.43	—	$9,135
Sep 1995	549	0	16.18	—	$8,883
Aug 1995	587	0	15.92	—	$9,345
Jul 1995	500	0	15.24	—	$7,620
Jun 1995	407	0	16.41	—	$6,679
May 1995	594	0	17.56	—	$10,431
Apr 1995	646	0	17.73	—	$11,454
Mar 1995	641	0	16.44	—	$10,538
Feb 1995	550	0	16.58	—	$9,119
Jan 1995	612	0	15.92	—	$9,743
Dec 1994	729	0	15.03	—	$10,957
Nov 1994	555	0	15.90	—	$8,825
Oct 1994	694	0	15.58	—	$10,813
Sep 1994	721	1	15.29	—	$11,024
Aug 1994	772	1	16.13	—	$12,452
Jul 1994	829	1	17.56	—	$14,557
Jun 1994	792	1	17.09	—	$13,535
May 1994	619	1	15.88	—	$9,830
Apr 1994	687	1	14.14	—	$9,714
Mar 1994	734	1	12.46	—	$9,146
Feb 1994	642	1	12.50	—	$8,025
Jan 1994	814	1	12.66	—	$10,305
Dec 1993	893	1	12.33	—	$11,011
Nov 1993	964	1	14.49	—	$13,968
Oct 1993	1,027	1	15.85	—	$16,278
Sep 1993	887	1	15.03	—	$13,332
Aug 1993	1,031	1	15.66	—	$16,145
Jul 1993	1,038	1	15.46	—	$16,047
Jun 1993	1,095	1	16.79	—	$18,385
May 1993	1,183	1	17.68	—	$20,915
Apr 1993	1,290	1	18.05	—	$23,285
Mar 1993	1,147	1	18.14	—	$20,807
Feb 1993	1,156	1	17.90	—	$20,692
Jan 1993	1,322	1	16.93	—	$22,381

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.

Dec 2014 — as filed, then multipliedworked

Oil                   89 bbl  × $ 54.69 =     $4,867
Casinghead gas         0 Mcf  × $  3.59 =         $0

────────────────────────────────────────────────────
Month total                                   $4,867

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/O/1135 is the state's own key, not one this site invented.