SHANNON HOSPITAL "4"

Operated by EOG RESOURCES, INC. (P-5 253162) in the NOELKE (WOLFCAMP, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15516District 7CField 65674400OilCasinghead gasSave
Value, all time
$48.3 M
Mar 2004 – Nov 2016
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
153
no gaps in the span
Streams
2
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.

StreamBasisVolumeValue
OilDisposition500,185 bbl$29,191,922
Casinghead gasProduction2,324,268 Mcf$19,079,963
Total$48,271,885

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 30.8615, -101.7524. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.0 miles.

30.86156, -101.75163 · 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
87.5%
7 of 8 wells
With a plug date
62.5%
5 of 8 wells
Median depth
5,712 ft
8 wells filed one
Completion to plug
9.3 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
787.5%
A plug date is filed
562.5%
BothOn the schedule and plugged. Neither fact cancels the other.
562.5%
NeitherNo plug date, and not on the schedule.
112.5%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 8 of 8 wells. Median 5,712 ft, with the middle half between 5,639 and 5,814 ft; the shallowest is 5,537 ft and the deepest 6,785 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

00s

Last completion by decade, 7 of 8 wells, Jan 2005 – Sep 2006. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 2005 – Sep 2006
7 of 8 wells; 1 filed none
Plug dates filed
Oct 2009 – Jan 2016
5 of 8 wells; 3 filed none

Last completion to plug: a median of 9.3 years across the 4 wells that filed both dates, with the middle half between 8.0 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-1053953845,800 ftOct 2009Yes
42-1053920815,540 ftSep 2006Dec 2015Yes
42-10540023125,537 ftAug 2006Jan 2016Yes
42-1053961885,672 ftJun 2006Yes
42-1053947735,856 ftMay 2006
42-1053959496,785 ftAug 2005Oct 2009Yes
42-1053966365,708 ftJul 2005Yes
42-1053948525,715 ftJan 2005Dec 2015Yes

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 (153)

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

153 months

Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 2016230027.352.36$6,291
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015226040.162.87$9,076
Jul 201566885148.152.95$34,670
Jun 20151661,70656.152.88$14,239
May 20151691,90955.212.96$14,972
Apr 201502,22349.822.71$6,017
Mar 201502,73142.892.93$8,015
Feb 20151611,49644.662.98$11,643
Jan 2015151,65543.433.10$5,783
Dec 20141671,62154.693.59$14,955
Nov 201401,40970.464.25$5,991
Oct 20141601,66978.303.90$19,039
Sep 201401,67686.164.05$6,780
Aug 20141661,56089.394.04$21,134
Jul 20141621,45796.564.18$21,732
Jun 201402,40698.164.74$11,397
May 20141712,70094.734.73$28,961
Apr 20141761,83795.944.81$25,720
Mar 201401,63995.895.06$8,288
Feb 20141661,40197.406.19$24,843
Jan 20141631,68590.404.86$22,926
Dec 201301,85991.824.35$8,095
Nov 20134121,56488.853.74$42,453
Oct 20131661,97197.423.78$23,621
Sep 20131661,913104.113.72$24,394
Aug 20131631,978104.253.52$23,960
Jul 201301,620102.523.72$6,023
Jun 20131641,54794.403.93$21,567
May 20131691,88394.834.15$23,839
Apr 20131661,74393.964.28$23,062
Mar 20131621,75693.623.91$22,037
Feb 20131711,66391.233.42$21,288
Jan 20131711,40391.603.42$20,462
Dec 20121791,44886.773.42$20,484
Nov 201201,56086.953.62$5,655
Oct 20125541,62789.383.40$55,048
Sep 201201,64194.672.92$4,789
Aug 201201,95092.662.91$5,671
Jul 20121701,95185.133.02$20,366
Jun 20123441,99479.822.52$32,481
May 20123412,19391.612.49$36,696
Apr 20123652,214101.652.00$41,523
Mar 20121762,299105.052.22$23,597
Feb 201202,154101.102.57$5,536
Jan 201202,17398.092.73$5,941
Dec 20111921,80896.873.24$24,456
Nov 20111811,81595.723.31$23,335
Oct 201119485184.983.65$19,591
Sep 201134712783.623.99$29,522
Aug 201116994683.404.15$18,020
Jul 20111752,12594.144.52$26,074
Jun 20111661,98692.904.64$24,636
May 20113652,15898.134.40$45,323
Apr 20111901,824105.964.33$28,036
Mar 20113852,33796.364.06$46,581
Feb 201101,51585.644.18$6,333
Jan 20113731,91286.504.59$41,038
Dec 20103751,99985.734.35$40,840
Nov 20103501,88480.843.80$35,444
Oct 20103712,71678.103.51$38,505
Sep 20105581,76172.633.98$47,535
Aug 201002,14073.684.42$9,457
Jul 201002,50272.554.74$11,851
Jun 201002,54470.364.91$12,492
May 20105333,13271.124.24$51,172
Apr 20101772,59381.694.12$25,149
Mar 20103792,53478.394.39$40,831
Feb 201001,73173.585.44$9,421
Jan 20103572,13674.365.96$39,286
Dec 20093682,02871.445.48$37,411
Nov 20093522,57874.593.75$35,927
Oct 20093693,33372.544.11$40,467
Sep 20098823,23365.543.06$67,715
Aug 20091,1363,73067.423.22$88,594
Jul 20091,3013,72461.133.46$92,432
Jun 20091,6173,27766.163.90$119,745
May 20094093,94554.743.93$37,876
Apr 20097613,57346.773.59$48,410
Mar 20099622,40942.144.06$50,317
Feb 20091,1253,38032.814.63$52,571
Jan 20091,5982,77235.865.37$72,193
Dec 20089512,49737.105.98$50,207
Nov 20081,2522,53855.496.86$86,885
Oct 20081,3502,61975.246.92$119,703
Sep 20081,6402,136101.767.88$183,712
Aug 20081,6302,527114.228.48$207,615
Jul 20081,6563,330131.0811.39$254,995
Jun 20082,0762,920131.3313.03$310,696
May 20081,6693,377123.1711.57$244,657
Apr 20081,9164,964110.3110.45$263,252
Mar 20082,4975,608101.909.66$308,640
Feb 20081,9794,84092.538.77$225,566
Jan 20082,6155,68990.388.21$283,026
Dec 20072,7616,60188.337.30$292,079
Nov 20072,8856,74091.677.29$313,614
Oct 20072,71110,49482.856.92$297,246
Sep 20073,29712,71075.846.24$329,408
Aug 20073,64814,38669.066.39$343,828
Jul 20073,49816,16370.906.39$351,256
Jun 20073,62520,71462.007.55$381,109
May 20074,42823,58558.747.85$445,155
Apr 20074,54225,43059.617.81$469,235
Mar 20075,15218,65856.927.30$429,492
Feb 20074,69625,47055.108.22$468,011
Jan 20077,91933,77050.306.73$625,491
Dec 20065,29043,06856.656.92$597,642
Nov 20062,40845,38254.207.62$476,210
Oct 20064,55872,89554.906.01$688,610
Sep 20063,23795,94160.085.04$677,753
Aug 20063,856134,75668.717.34$1,254,044
Jul 20065,971161,33269.376.34$1,437,498
Jun 20065,757165,13466.286.38$1,435,770
May 20065,66834,51266.016.42$595,884
Apr 200610,12158,15164.397.36$1,079,710
Mar 200613,71388,07456.707.08$1,401,348
Feb 200613,69499,90957.597.75$1,563,044
Jan 200619,974153,62560.598.93$2,582,606
Dec 200516,547128,98554.9413.42$2,639,478
Nov 200516,520143,89754.6910.59$2,427,118
Oct 200524,805147,35458.3413.80$3,479,984
Sep 200534,508106,20061.4512.08$3,403,306
Aug 200538,89792,98861.519.80$3,303,543
Jul 200521,50660,35555.697.84$1,671,072
Jun 200526,41715,48652.337.38$1,496,704
May 200530,84912,48145.226.65$1,478,005
Apr 200531,36211,33549.207.36$1,626,441
Mar 200527,25810,21950.377.15$1,446,101
Feb 200511,7515,10945.226.31$563,628
Jan 20053,0991,82743.166.32$145,304
Dec 20042,7191,33939.866.75$117,419
Nov 20043,5071,58345.286.33$168,818
Oct 20042,8951,64949.706.52$154,625
Sep 20043,1371,69543.245.28$144,600
Aug 20043,0781,95142.375.55$141,244
Jul 20042,6671,70838.286.08$112,485
Jun 20042,4241,40136.106.43$96,519
May 20043,14395737.486.49$124,015
Apr 20043,0051,54934.475.86$112,657
Mar 20041,72986234.365.53$64,175

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 2016 — as filed, then multipliedworked
Oil                  230 bbl  × $ 27.35 =     $6,291
Casinghead gas         0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                   $6,291

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/15516 is the state's own key, not one this site invented.