SHEEN "8B"

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 17649District 7CField 87018551OilCasinghead gasSaveExport
Value, all time
$8.1 M
Nov 2011 – Jun 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
116
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
OilDisposition76,897 bbl$6,204,708
Casinghead gasProduction581,000 Mcf$1,883,724
Total$8,088,433

Wells on this lease (5)

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 31.4139, -101.0094. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.41347, -101.00897 · 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%
5 of 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
7,300 ft
5 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 7,100 and 7,315 ft, median 7,300 ft, over the 5 wells that filed a depth.

Completions filed
Nov 2011 – May 2013
5 of 5 wells

5 wells

42-2353538567,100 ftMay 2013Yes
42-2353531457,315 ftMar 2013Yes
42-2353510447,100 ftAug 2012Yes
42-2353502037,300 ftApr 2012Yes
42-2353484517,306 ftNov 2011Yes

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 (116)

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

116 months

Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
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 20192963,75755.052.66$26,278
Aug 20191774,13253.112.30$18,922
Jul 20191834,03956.272.46$20,234
Jun 20193654,01952.782.49$29,277
May 20191813,87458.482.74$21,201
Apr 20191833,77362.632.75$21,840
Mar 20191864,08456.803.06$23,070
Feb 20191823,80650.852.79$19,882
Jan 20193504,28346.033.23$29,937
Dec 20183484,27246.594.19$34,094
Nov 20181574,10452.934.24$25,700
Oct 20181794,02061.443.40$24,658
Sep 20183364,15559.543.11$32,919
Aug 20181664,03559.403.07$22,234
Jul 20183504,04365.142.93$34,653
Jun 20181783,75060.183.08$22,250
May 20183554,06665.382.90$35,005
Apr 20181743,95463.842.90$22,578
Mar 20183654,02461.222.79$33,560
Feb 20183623,79361.782.77$32,856
Jan 20185604,48662.874.01$53,193
Dec 20171843,14057.272.92$19,711
Nov 20173532,74555.423.12$28,123
Oct 20171803,01849.292.98$17,877
Sep 20171782,88747.523.09$17,372
Aug 20171792,99045.373.00$17,104
Jul 20173523,09543.873.09$24,997
Jun 20171803,55642.493.09$18,627
May 20173493,80945.373.26$28,264
Apr 20172484,03947.933.21$24,858
Mar 20173614,19446.772.98$29,398
Feb 20171823,94750.452.95$20,836
Jan 20175504,36049.413.42$42,081
Dec 20163514,32448.763.72$33,212
Nov 20163564,45642.492.64$26,910
Oct 20163634,77646.193.09$31,526
Sep 20161834,44341.553.10$21,380
Aug 20163654,48541.442.92$28,241
Jul 20165434,83441.622.92$36,736
Jun 20163644,74945.352.69$29,262
May 20163614,89042.521.99$25,086
Apr 20163724,66936.561.99$22,896
Mar 20165315,14433.011.79$26,757
Feb 20163535,05526.472.06$19,776
Jan 20165405,41427.352.36$27,570
Dec 20155375,60132.362.00$28,587
Nov 20156305,49038.792.17$36,336
Oct 20153536,12243.552.43$30,229
Sep 20155356,18242.992.76$40,052
Aug 20155336,37640.162.87$39,720
Jul 20155296,37248.152.95$44,237
Jun 20156745,81156.152.88$54,597
May 20156965,75355.212.96$55,429
Apr 20155156,00349.822.71$41,905
Mar 20159063,80442.892.93$50,022
Feb 20157163,82044.662.98$43,346
Jan 20157233,92043.433.10$43,554
Dec 20148964,09054.693.59$63,691
Nov 20147104,41370.464.25$68,790
Oct 20147114,39978.303.90$72,832
Sep 20146844,67786.164.05$77,854
Aug 20148495,33589.394.04$97,419
Jul 20146955,70296.564.18$90,941
Jun 20148785,78698.164.74$113,592
May 20148706,25894.734.73$111,994
Apr 20141,0656,25295.944.81$132,243
Mar 20141,0396,39195.895.06$131,948
Feb 20141,0416,44697.406.19$141,307
Jan 20141,2127,55490.404.86$146,283
Dec 20131,4247,31691.824.35$162,609
Nov 20131,4218,15488.853.74$156,738
Oct 20131,7359,38997.423.78$204,508
Sep 20131,3567,900104.113.72$170,543
Aug 20131,7278,737104.253.52$210,817
Jul 20132,2488,540102.523.72$262,214
Jun 20132,09510,77094.403.93$240,131
May 20132,28813,42194.834.15$272,656
Apr 20132,30513,26093.964.28$273,365
Mar 20131,6099,04493.623.91$186,023
Feb 20131,2708,18891.233.42$143,864
Jan 20131,6059,70291.603.42$180,198
Dec 20121,6528,13886.773.42$171,177
Nov 20121,7948,90586.953.62$188,269
Oct 20122,1949,02989.383.40$226,795
Sep 20122,4908,72094.672.92$261,177
Aug 20121,4948,61092.662.91$163,473
Jul 20121,43611,48185.133.02$156,928
Jun 20121,75913,68479.822.52$174,874
May 20122,29017,91691.612.49$254,368
Apr 20121,85817,212101.652.00$223,235
Mar 201295412,057105.052.22$127,009
Feb 20121,4877,927101.102.57$170,710
Jan 20121,3859,25598.092.73$161,159
Dec 20111,33610,65996.873.24$163,951
Nov 20112,0776,94195.723.31$221,794

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                  296 bbl  × $ 55.05 =    $16,295
Casinghead gas     3,757 Mcf  × $  2.66 =     $9,983

────────────────────────────────────────────────────
Month total                                  $26,278

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/17649 is the state's own key, not one this site invented.