SHACKELFORD

Operated by KEYSTONE ENERGY OIL & GAS, INC. (P-5 458777) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11392District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$804 k
Jan 1993 – Aug 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
128
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA7none

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.

StreamBasisVolumeValue
OilDisposition39,805 bbl$683,077
Casinghead gasProduction204,329 Mcf$121,081
Total$804,158

157,682 Mcf of this lease's gas, across 48 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 (7)

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 31.6358, -101.9221. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.63546, -101.92217 · 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%
7 of 7 wells
With a plug date
100.0%
7 of 7 wells
Median depth
9,000 ft
7 wells filed one
Completion to plug
16.3 years
median over 7 wells

What the state filed about each well

On the RRC proration schedule
7100.0%
A plug date is filed
7100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
7100.0%
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

Between 9,000 and 9,071 ft, median 9,000 ft, over the 7 wells that filed a depth.

Completions filed
Jan 1985 – Mar 1985
7 of 7 wells
Plug dates filed
Sep 1993 – Apr 2002
7 of 7 wells

Last completion to plug: a median of 16.3 years across the 7 wells that filed both dates, with the middle half between 8.7 years and 16.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-4613229879,000 ftMar 1985Jan 2002Yes
42-4613229739,000 ftMar 1985Jul 2001Yes
42-4613229459,000 ftMar 1985Jan 2002Yes
42-4613229969,071 ftMar 1985Apr 2002Yes
42-4613230049,000 ftFeb 1985Sep 1993Yes
42-4613229329,000 ftJan 1985Sep 1993Yes
42-4613227819,000 ftJan 1985Sep 1993Yes

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 (128)

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

128 months

Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 2001159018.072.41$2,873
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 2001257025.524.31$6,559
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 2001035927.755.77$2,070
Jan 2001024527.478.40$2,058
Dec 200008226.889.12$748
Nov 200024914232.215.66$8,824
Oct 2000025931.235.15$1,333
Sep 200037960531.875.19$15,217
Aug 200036274829.644.54$14,126
Jul 200034074728.534.09$12,755
Jun 200033246529.304.40$11,772
May 200035219227.263.68$10,302
Apr 2000031324.513.12$975
Mar 20000228.422.86$6
Feb 20000027.622.73$0
Jan 20000225.272.48$5
Dec 19990424.282.42$10
Nov 199902023.192.43$49
Oct 199935822920.982.80$8,153
Sep 1999013421.752.62$351
Aug 1999027019.262.88$776
Jul 1999049417.892.37$1,172
Jun 199901,18715.942.36$2,804
May 199937571715.792.32$7,585
Apr 1999062915.102.21$1,389
Mar 199961043812.471.84$8,412
Feb 199904639.981.82$842
Jan 1999049010.381.90$931
Dec 199806379.201.77$1,130
Nov 199836193410.892.19$5,973
Oct 1998083512.421.97$1,644
Sep 19983801,00212.592.08$6,871
Aug 199801,24011.301.91$2,365
Jul 19983641,33111.742.24$7,251
Jun 199801,25711.242.24$2,812
May 199801,11512.622.21$2,460
Apr 19983821,75413.042.51$9,376
Mar 199801,75012.802.31$4,042
Feb 19983851,53613.952.30$8,902
Jan 199801,77514.702.15$3,825
Dec 19973872,06116.322.41$11,285
Nov 199734675218.193.09$8,616
Oct 1997099519.253.15$3,134
Sep 19973671,32717.742.95$10,432
Aug 199701,94917.862.55$4,979
Jul 19971,0643,39717.582.25$26,338
Jun 199702,66217.242.26$6,009
May 199701,29318.972.31$2,985
Apr 199701,26017.882.08$2,624
Mar 19977362,14618.951.94$18,109
Feb 199701,74320.492.21$3,845
Jan 19973562,66023.483.54$17,774
Dec 19963742,01623.32$8,722
Nov 19963691,27421.97$8,107
Oct 1996095823.31$0
Sep 19963831,51522.22$8,510
Aug 19963811,70220.26$7,719
Jul 19967522,66219.55$14,702
Jun 199601,57218.73$0
May 19963761,85719.43$7,306
Apr 19963822,00621.51$8,217
Mar 19961,0211,78519.38$19,787
Feb 1996034316.98$0
Jan 199656599217.07$9,645
Dec 19953702,34117.19$6,360
Nov 19957393,39316.00$11,824
Oct 199537064115.43$5,709
Sep 19957521,64016.18$12,167
Aug 19956892,13315.92$10,969
Jul 19956903,06815.24$10,516
Jun 1995613,24916.41$1,001
May 19953312,15717.56$5,812
Apr 19956824,09517.73$12,092
Mar 19956254,16616.44$10,275
Feb 19953583,70616.58$5,936
Jan 19951,1074,12915.92$17,623
Dec 19943863,43515.03$5,802
Nov 19947592,88215.90$12,068
Oct 19947374,39615.58$11,482
Sep 19947204,06915.29$11,009
Aug 19941,0264,57816.13$16,549
Jul 19943675,29517.56$6,445
Jun 19941,0963,93017.09$18,731
May 19943413,82115.88$5,415
Apr 19946934,18514.14$9,799
Mar 19941,0794,85012.46$13,444
Feb 19946563,87112.50$8,200
Jan 19941,0243,44612.66$12,964
Dec 19936614,47512.33$8,150
Nov 19933643,90414.49$5,274
Oct 19931,3095,16215.85$20,748
Sep 19933414,96615.03$5,125
Aug 19939275,43115.66$14,517
Jul 19931,3515,87115.46$20,886
Jun 19931,0825,09116.79$18,167
May 19939844,92017.68$17,397
Apr 19937094,43518.05$12,797
Mar 19931,0073,67818.14$18,267
Feb 19937683,57117.90$13,747
Jan 19931,1404,02016.93$19,300

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.

Nov 2001 — as filed, then multipliedworked
Oil                  159 bbl  × $ 18.07 =     $2,873
Casinghead gas         0 Mcf  × $  2.41 =         $0

────────────────────────────────────────────────────
Month total                                   $2,873

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/11392 is the state's own key, not one this site invented.