SHELTON 3076

Operated by MEADCO PROPERTIES (P-5 556500) in the ANDREW A. (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14879District 7CField 02718400OilCasinghead gasSaveExport
Value, all time
$45 k
Aug 1998 – Jan 2005
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
78
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 201 leases and 267 wells, and the rule below applies to all of them.

Discovered
1977-05-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1993-12-13.

The Commission's schedule remark for this field reads: RULES CORRECTED FROM OPTIONAL 80 A TO OPTIONAL 160AC 5/14/02 GN

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
OilDisposition1,419 bbl$39,690
Casinghead gasProduction1,629 Mcf$5,480
Total$45,170

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 31.3566, -100.9788. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.35663, -100.97884 · 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
100.0%
1 of 1 wells
Median depth
7,400 ft
1 wells filed one
Completion to plug
7.3 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 7,400 ft.

Completions filed
Jun 1997
1 of 1 wells
Plug dates filed
Sep 2004
1 of 1 wells

Last completion to plug: a median of 7.3 years across the 1 well that filed both dates, with the middle half between 7.3 years and 7.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353137117,400 ftJun 1997Sep 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 (78)

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

78 months

Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 2004123043.245.28$5,319
Aug 20040742.375.55$39
Jul 200401138.286.08$67
Jun 200401636.106.43$103
May 20040637.486.49$39
Apr 200401134.475.86$64
Mar 20040534.365.53$28
Feb 20040432.455.51$22
Jan 20040632.036.30$38
Dec 20031861430.266.30$5,717
Nov 200301128.804.60$51
Oct 200301428.174.76$67
Sep 20030826.314.75$38
Aug 200302229.765.13$113
Jul 20030029.415.17$0
Jun 200301028.565.98$60
May 20030026.595.97$0
Apr 200303126.675.41$168
Mar 200302031.146.10$122
Feb 20031852533.487.93$6,392
Jan 20030030.315.58$0
Dec 200201426.914.85$68
Nov 200201524.664.14$62
Oct 200201526.464.23$63
Sep 200201727.443.64$62
Aug 200202425.963.16$76
Jul 200201324.583.06$40
Jun 200202423.733.34$80
May 200201324.663.58$47
Apr 20021772223.653.51$4,263
Mar 200202322.003.10$71
Feb 200202618.222.38$62
Jan 200201817.172.38$43
Dec 200101016.932.36$24
Nov 200101118.072.41$26
Oct 200102319.782.53$58
Sep 200102724.262.25$61
Aug 2001168924.873.05$4,206
Jul 200103323.933.20$106
Jun 200102224.563.82$84
May 20010425.524.31$17
Apr 20010424.685.34$21
Mar 200101524.545.38$81
Feb 200101027.755.77$58
Jan 200102627.478.40$218
Dec 200001326.889.12$119
Nov 20001661832.215.66$5,449
Oct 200003531.235.15$180
Sep 20000731.875.19$36
Aug 200001229.644.54$54
Jul 200003528.534.09$143
Jun 200001929.304.40$84
May 200001327.263.68$48
Apr 200003924.513.12$122
Mar 20001621228.422.86$4,638
Feb 200006327.622.73$172
Jan 200002325.272.48$57
Dec 19990924.282.42$22
Nov 199903623.192.43$88
Oct 199904120.982.80$115
Sep 19990621.752.62$16
Aug 19991781719.262.88$3,477
Jul 199902017.892.37$47
Jun 199903415.942.36$80
May 199904015.792.32$93
Apr 199904715.102.21$104
Mar 1999010012.471.84$184
Feb 19990459.981.82$82
Jan 199901710.381.90$32
Dec 19980429.201.77$74
Nov 1998744610.892.19$906
Oct 199806712.421.97$132
Sep 1998011212.592.08$233
Aug 199802211.301.91$42

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.

Sep 2004 — as filed, then multipliedworked
Oil                  123 bbl  × $ 43.24 =     $5,319
Casinghead gas         0 Mcf  × $  5.28 =         $0

────────────────────────────────────────────────────
Month total                                   $5,319

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/14879 is the state's own key, not one this site invented.