PHOENIX

Operated by SHARP IMAGE ENERGY, INC. (P-5 770731) in the SHARP IMAGE (DETRITAL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13024District 7CField 82734200OilCasinghead gasSaveExport
Value, all time
$353 k
Jan 1993 – Apr 2004
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
136
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 5 leases and 6 wells, and the rule below applies to all of them.

Discovered
1991-03-24
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition12,400 bbl$229,911
Casinghead gasProduction100,849 Mcf$122,788
Total$352,699

53,280 Mcf of this lease's gas, across 43 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 (2)

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 31.0362, -102.2262. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.03620, -102.22619 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
5,547 ft
2 wells filed one
Completion to plug
10.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 5,543 and 5,550 ft, median 5,547 ft, over the 2 wells that filed a depth.

Completions filed
Mar 1991 – Oct 1991
2 of 2 wells
Plug dates filed
Sep 1999 – Feb 2004
2 of 2 wells

Last completion to plug: a median of 10.4 years across the 2 wells that filed both dates, with the middle half between 9.2 years and 11.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1053600125,550 ftOct 1991Sep 1999Yes
42-1053593415,543 ftMar 1991Feb 2004Yes

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 (136)

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

136 months

Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20042032.455.51$65
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20031652326.314.75$4,450
Aug 20030529.765.13$26
Jul 20030729.415.17$36
Jun 2003178228.565.98$5,096
May 20030226.595.97$12
Apr 20030226.675.41$11
Mar 20031855231.146.10$6,078
Feb 200303633.487.93$285
Jan 20030930.315.58$50
Dec 20020126.914.85$5
Nov 2002194024.664.14$4,784
Oct 20020926.464.23$38
Sep 200202227.443.64$80
Aug 200219718625.963.16$5,703
Jul 2002021724.583.06$664
Jun 2002017823.733.34$594
May 2002023824.663.58$853
Apr 20021969123.653.51$4,955
Mar 200209722.003.10$301
Feb 2002022818.222.38$542
Jan 200218816017.172.38$3,608
Dec 200102316.932.36$54
Nov 20011952718.072.41$3,589
Oct 200104119.782.53$104
Sep 200102924.262.25$65
Aug 20011934224.873.05$4,928
Jul 2001082723.933.20$2,644
Jun 2001063124.563.82$2,413
May 200119555625.524.31$7,371
Apr 200101,15224.685.34$6,146
Mar 200118975324.545.38$8,687
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000192032.215.66$6,184
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000191029.644.54$5,661
Jul 2000045828.534.09$1,873
Jun 20000029.304.40$0
May 2000187027.263.68$5,098
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000193025.272.48$4,877
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 1999180020.982.80$3,776
Sep 1999021821.752.62$571
Aug 19991841,08219.262.88$6,655
Jul 199901,14017.892.37$2,705
Jun 1999065915.942.36$1,557
May 19991851,17815.792.32$5,655
Apr 199901,19315.102.21$2,634
Mar 199901,09912.471.84$2,020
Feb 199901,0169.981.82$1,847
Jan 199901,00210.381.90$1,904
Dec 199809209.201.77$1,631
Nov 1998086110.892.19$1,882
Oct 1998062212.421.97$1,225
Sep 199801,34912.592.08$2,809
Aug 199801,19511.301.91$2,279
Jul 1998178011.742.24$2,090
Jun 19981761,44411.242.24$5,209
May 199801,45212.622.21$3,204
Apr 199801,39713.042.51$3,500
Mar 19981721,67312.802.31$6,065
Feb 19981821,33713.952.30$5,613
Jan 199801,56414.702.15$3,370
Dec 19971791,60716.322.41$6,796
Nov 199701,55018.193.09$4,787
Oct 199701,40319.253.15$4,419
Sep 19971841,15817.742.95$6,686
Aug 19971291,79117.862.55$6,879
Jul 199702,02617.582.25$4,552
Jun 19971881,64417.242.26$6,952
May 199701,61518.972.31$3,728
Apr 19971901,59917.882.08$6,728
Mar 199701,73918.951.94$3,372
Feb 199701,25520.492.21$2,768
Jan 19971701,67723.483.54$9,928
Dec 199601,63623.32$0
Nov 19961951,03721.97$4,284
Oct 199601,02923.31$0
Sep 199601,45322.22$0
Aug 1996094220.26$0
Jul 19960019.55$0
Jun 1996095518.73$0
May 199617682519.43$3,420
Apr 1996095921.51$0
Mar 199619596719.38$3,779
Feb 1996047816.98$0
Jan 1996010617.07$0
Dec 1995178017.19$3,060
Nov 19950016.00$0
Oct 1995180015.43$2,777
Sep 19950016.18$0
Aug 199517940715.92$2,850
Jul 1995015715.24$0
Jun 199517237816.41$2,823
May 199517473617.56$3,055
Apr 1995039017.73$0
Mar 19953411,00416.44$5,606
Feb 1995090516.58$0
Jan 199518385515.92$2,913
Dec 19941811,00615.03$2,720
Nov 199416858515.90$2,671
Oct 199418261715.58$2,836
Sep 1994045615.29$0
Aug 199416967816.13$2,726
Jul 199416263717.56$2,845
Jun 19941801,21217.09$3,076
May 19941801,15615.88$2,858
Apr 199434392414.14$4,850
Mar 199401,23912.46$0
Feb 19943451,19312.50$4,313
Jan 19941701,02312.66$2,152
Dec 19931721,46112.33$2,121
Nov 19931841,45214.49$2,666
Oct 19931821,46815.85$2,885
Sep 19931801,32915.03$2,705
Aug 19933191,90415.66$4,996
Jul 19931782,37315.46$2,752
Jun 19931712,53116.79$2,871
May 19933642,60417.68$6,436
Apr 19933592,49418.05$6,480
Mar 19933653,25218.14$6,621
Feb 19933763,18217.90$6,730
Jan 19933603,28516.93$6,095

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.

Feb 2004 — as filed, then multipliedworked
Oil                    2 bbl  × $ 32.45 =        $65
Casinghead gas         0 Mcf  × $  5.51 =         $0

────────────────────────────────────────────────────
Month total                                      $65

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/13024 is the state's own key, not one this site invented.