SHEEN "8"

Operated by COMPASS ENERGY OPERATING, LLC (P-5 169751) in the SUGG RANCH (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16305District 7CField 87018551OilCasinghead gasSaveExport
Value, all time
$4.8 M
Jul 2007 – Apr 2020
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
154
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 116 leases and 861 wells, and the rule below applies to all of them.

Discovered
1987-05-17
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 40 acres. The field rule took effect on 1992-04-01.

The Commission's schedule remark for this field reads: EFF 10-01-19

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
OilDisposition52,296 bbl$3,980,730
Casinghead gasProduction206,838 Mcf$780,524
Total$4,761,254

Wells on this lease (4)

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 31.4104, -101.0192. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.41056, -101.01849 · 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%
4 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
7,115 ft
4 wells filed one
Completion to plug
17.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
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 7,050 and 7,464 ft, median 7,115 ft, over the 4 wells that filed a depth.

Completions filed
Jul 2007 – Jul 2016
4 of 4 wells
Plug dates filed
May 2025
1 of 4 wells; 3 filed none

Last completion to plug: a median of 17.8 years across the 1 well that filed both dates, with the middle half between 17.8 years and 17.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-2353428837,100 ftJul 2016Yes
42-2353523767,130 ftFeb 2013Yes
42-2353427727,050 ftAug 2008Yes
42-2353408117,464 ftJul 2007May 2025Yes

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 (154)

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

154 months

Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 201914868555.052.66$9,968
Aug 2019030353.112.30$698
Jul 201912556956.272.46$8,434
Jun 2019063952.782.49$1,592
May 201912161458.482.74$8,759
Apr 2019053462.632.75$1,469
Mar 201912460356.803.06$8,890
Feb 2019152850.852.79$1,525
Jan 201913363946.033.23$8,185
Dec 2018075746.594.19$3,168
Nov 201814380152.934.24$10,963
Oct 201815183261.443.40$12,105
Sep 2018083059.543.11$2,580
Aug 201814592459.403.07$11,447
Jul 2018091765.142.93$2,689
Jun 201814492160.183.08$11,500
May 201813999965.382.90$11,986
Apr 2018087163.842.90$2,527
Mar 20181171,03961.222.79$10,058
Feb 201812998061.782.77$10,680
Jan 20181231,08662.874.01$12,087
Dec 20171261,14657.272.92$10,564
Nov 20171351,15155.423.12$11,071
Oct 20171291,34049.292.98$10,357
Sep 201701,36347.523.09$4,208
Aug 20171201,20245.373.00$9,056
Jul 20171261,21643.873.09$9,282
Jun 20171311,45242.493.09$10,049
May 20171171,85745.373.26$11,368
Apr 20175985147.933.21$5,561
Mar 20178574446.772.98$6,195
Feb 20178759750.452.95$6,152
Jan 20179260549.413.42$6,614
Dec 20169669748.763.72$7,276
Nov 20169164042.492.64$5,559
Oct 2016059246.193.09$1,829
Sep 20169561141.553.10$5,842
Aug 20169459341.442.92$5,629
Jul 2016063341.622.92$1,851
Jun 201611287445.352.69$7,427
May 20161901,25642.521.99$10,580
Apr 2016931,00536.561.99$5,401
Mar 2016981,33133.011.79$5,623
Feb 20161991,37026.472.06$8,095
Jan 20161001,68127.352.36$6,709
Dec 20152011,77932.362.00$10,065
Nov 20152191,77438.792.17$12,340
Oct 20151132,00443.552.43$9,784
Sep 20151231,98342.992.76$10,758
Aug 20151942,15740.162.87$13,987
Jul 20152872,15448.152.95$20,163
Jun 20152562,08256.152.88$20,377
May 20152132,09155.212.96$17,940
Apr 20152212,14049.822.71$16,802
Mar 20152682,16142.892.93$17,836
Feb 20151922,00144.662.98$14,530
Jan 20152662,22343.433.10$18,445
Dec 20141792,08454.693.59$17,274
Nov 20142601,89870.464.25$26,390
Oct 20142832,37178.303.90$31,408
Sep 20142712,48086.164.05$33,382
Aug 20142972,78289.394.04$37,775
Jul 20142642,80696.564.18$37,220
Jun 20142862,81998.164.74$41,427
May 20143772,95394.734.73$49,671
Apr 20143653,01595.944.81$49,518
Mar 20144112,98195.895.06$54,485
Feb 20144582,33897.406.19$59,086
Jan 20144792,70190.404.86$56,430
Dec 20136452,97991.824.35$72,196
Nov 20133862,70988.853.74$44,423
Oct 20133332,85697.423.78$43,235
Sep 20133833,270104.113.72$52,031
Aug 20133254,030104.253.52$48,077
Jul 20133133,851102.523.72$46,406
Jun 20135753,80794.403.93$69,254
May 20135022,88694.834.15$59,579
Apr 20134992,53593.964.28$57,742
Mar 20136932,36493.623.91$74,129
Feb 20134831,55091.233.42$49,365
Jan 20133051,19991.603.42$32,038
Dec 20123021,17186.773.42$30,210
Nov 20122701,12986.953.62$27,569
Oct 20121881,01589.383.40$20,254
Sep 20121921,20794.672.92$21,699
Aug 20123401,30092.662.91$35,285
Jul 20122601,30185.133.02$26,064
Jun 20122521,31279.822.52$23,420
May 20126071,24591.612.49$58,705
Apr 20123831,137101.652.00$41,202
Mar 20123121,226105.052.22$35,500
Feb 20122461,218101.102.57$28,001
Jan 20122241,06698.092.73$24,887
Dec 201149197396.873.24$50,715
Nov 2011346095.723.31$33,119
Oct 20113661,28584.983.65$35,791
Sep 20113431,31083.623.99$33,903
Aug 20113431,42983.404.15$34,536
Jul 20113541,45894.144.52$39,912
Jun 20113211,37792.904.64$36,210
May 20113391,39598.134.40$39,411
Apr 20113611,206105.964.33$43,478
Mar 20114921,24496.364.06$52,456
Feb 20113631,07185.644.18$35,564
Jan 20114441,20786.504.59$43,945
Dec 20103701,22585.734.35$37,046
Nov 20105321,31180.843.80$47,983
Oct 20103641,53178.103.51$33,801
Sep 20105201,55572.633.98$43,956
Aug 20103571,61873.684.42$33,454
Jul 20105381,54372.554.74$46,340
Jun 20103401,62970.364.91$31,921
May 20106011,50871.124.24$49,130
Apr 20105481,40281.694.12$50,546
Mar 20104161,49678.394.39$39,176
Feb 20105181,39473.585.44$45,701
Jan 20106881,55174.365.96$60,410
Dec 20097141,57571.445.48$59,645
Nov 20095521,64274.593.75$47,334
Oct 20097241,77872.544.11$59,827
Sep 20095481,74565.543.06$41,264
Aug 20097191,82367.423.22$54,342
Jul 20097211,79661.133.46$50,297
Jun 20097241,82166.163.90$54,993
May 20099042,05854.743.93$57,564
Apr 20098882,34346.773.59$49,937
Mar 20099563,18742.144.06$53,222
Feb 20091,0973,03832.814.63$50,068
Jan 20091,2642,26335.865.37$57,482
Dec 20081,3961,51537.105.98$60,847
Nov 20081,0631,24855.496.86$67,548
Oct 20081,97639775.246.92$151,422
Sep 2008917410101.767.88$96,544
Aug 20082,069438114.228.48$240,037
Jul 2008353343131.0811.39$50,178
Jun 2008362444131.3313.03$53,328
May 2008182238123.1711.57$25,172
Apr 20081830110.3110.45$20,187
Mar 20083600101.909.66$36,684
Feb 2008363092.538.77$33,588
Jan 2008552090.388.21$49,890
Dec 2007362088.337.30$31,975
Nov 2007548091.677.29$50,235
Oct 2007363082.856.92$30,075
Sep 2007905075.846.24$68,635
Aug 2007557069.066.39$38,466
Jul 20070070.906.39$0

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 2019 — as filed, then multipliedworked
Oil                  148 bbl  × $ 55.05 =     $8,147
Casinghead gas       685 Mcf  × $  2.66 =     $1,820

────────────────────────────────────────────────────
Month total                                   $9,968

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/16305 is the state's own key, not one this site invented.