MineralRecord
Log inSign up

SHERROD 16-0901

Operated by XTO ENERGY INC. (P-5 945936) in the SPRABERRY (TREND AREA) R 40 EXC field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20077District 7CField 85279201OilCasinghead gasSave
Value, all time
$42.8 M
Jun 2018 – May 2026
Value, last 12 filed months
$3.5 M
at the published price for each month
Months reported
96
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
OilDisposition552,515 bbl$34,387,886
Casinghead gasProduction2,317,589 Mcf$8,416,727
Total$42,804,613

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 31.7701, -100.7430. A lease has no coordinate of its own — that point is the mean of its wells, and they span 120.6 miles, so treat it as the lease's centre and not as its location.

31.77009, -100.74301 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
6,974 ft
2 wells filed one
Completion to plug
3.9 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 4,900 and 9,048 ft, median 6,974 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1983 – Apr 2019
2 of 2 wells
Plug dates filed
Jun 1987
1 of 2 wells; 1 filed none

Last completion to plug: a median of 3.9 years across the 1 well that filed both dates, with the middle half between 3.9 years and 3.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-383401500901BH9,048 ftApr 2019——
42-3993278814,900 ftJul 1983Jun 1987Yes

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 (96)

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

96 months

May 20261,57052,042106.413.05$325,575
Apr 20261,47145,23498.932.87$275,335
Mar 20262,18856,92289.753.15$375,645
Feb 20262,40543,79163.503.75$316,948
Jan 20262,32843,01859.138.00$481,709
Dec 20253,52737,88056.664.41$367,018
Nov 20251,42215,71858.593.93$145,031
Oct 20251,88130,24559.383.30$211,649
Sep 20251,74935,12862.743.08$217,818
Aug 20252,14042,68163.933.01$265,483
Jul 20251,81835,74366.743.32$239,829
Jun 20251,87938,53966.483.13$245,494
May 20251,58042,62560.553.23$233,447
Apr 20252,31729,28362.363.54$248,241
Mar 20252,05323,36867.704.27$238,730
Feb 202583110,89770.884.34$106,203
Jan 20252,61335,79174.324.28$347,336
Dec 20241,93629,64068.993.12$226,082
Nov 20243,08629,05569.052.20$276,964
Oct 20242,78124,27471.372.28$253,859
Sep 20242,35231,10269.612.36$237,259
Aug 20243,03834,64475.632.06$301,256
Jul 20243,45632,38879.932.15$345,762
Jun 20243,17933,10978.082.63$335,425
May 20243,44533,68278.812.20$345,548
Apr 20243,55332,34284.451.66$353,713
Mar 20243,73533,58780.301.55$351,817
Feb 20243,66430,29976.091.78$332,836
Jan 20243,70527,94373.023.30$362,686
Dec 20234,12932,19071.262.61$378,272
Nov 20234,22624,98677.892.81$399,313
Oct 20234,44423,46985.443.09$452,151
Sep 20233,99316,30689.042.74$400,134
Aug 20234,44118,30980.522.67$406,527
Jul 20234,27114,59874.852.64$358,249
Jun 20234,14411,33768.962.26$311,375
May 20234,1888,61670.622.23$314,948
Apr 20234,3084,78678.122.24$347,251
Mar 20231,7731,13472.852.39$131,877
Feb 20231,17978075.112.47$90,478
Jan 20233,3443,33476.533.39$267,211
Dec 20226,8445,58276.415.73$554,930
Nov 202260181685.005.65$55,692
Oct 20222,17015,66487.185.86$281,031
Sep 20224,89040,38084.888.16$744,713
Aug 20225,55841,23394.529.13$901,682
Jul 20225,91133,954101.587.54$856,523
Jun 20225,52521,392115.097.98$806,521
May 20224,43427,429109.378.43$716,256
Apr 20225,45632,835104.226.84$793,137
Mar 20226,11940,487108.885.08$871,765
Feb 20225,42734,65291.054.86$662,497
Jan 20226,36038,50081.844.54$695,203
Dec 20219,40940,12571.323.90$827,502
Nov 20216,62938,27577.435.24$713,724
Oct 20218,01943,88979.795.71$890,612
Sep 20217,44739,76069.865.35$733,000
Aug 20218,28538,77066.024.22$710,608
Jul 20218,99037,08870.783.98$784,000
Jun 20219,15637,02069.493.38$761,401
May 20217,00725,53663.483.02$521,864
Apr 20219,50018,14960.362.76$623,483
Mar 20219,5474,41961.302.72$597,237
Feb 20217,2886,70757.805.55$458,457
Jan 20218,72211,10350.412.81$470,878
Dec 20207,0858,75144.642.68$339,687
Nov 20204,5709,04738.772.71$201,665
Oct 20202,5276,38336.972.48$109,243
Sep 202084037.091.99$3,116
Aug 20203,70213,60339.982.39$180,450
Jul 202012,11442,34338.371.83$542,095
Jun 202010,30920,11934.901.69$393,791
May 202014,6688,14116.921.81$262,956
Apr 202012,46543,12114.751.80$261,665
Mar 202013,08642,90230.341.86$476,665
Feb 202012,82444,62249.881.98$728,043
Jan 202015,65152,29257.252.09$1,005,558
Dec 201916,50425,19159.012.30$1,031,950
Nov 20198,22510,82155.302.75$484,608
Oct 20191,5683,41753.472.42$92,105
Sep 201916,87533,46155.052.66$1,017,884
Aug 201921,33523,06653.112.30$1,186,254
Jul 201926,51021,42856.272.46$1,544,432
Jun 201923,17219,36652.782.49$1,271,263
May 201931,82336,06358.482.74$1,959,833
Apr 201921,98228,87262.632.75$1,456,151
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$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.

May 2026 — as filed, then multipliedworked
Oil                1,570 bbl  × $106.41 =   $167,064
Casinghead gas    52,042 Mcf  × $  3.05 =   $158,512

────────────────────────────────────────────────────
Month total                                 $325,575

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/20077 is the state's own key, not one this site invented.