SHANNON ESTATES

Name: SHANNON ESTATES lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KAISER-FRANCIS OIL COMPANY (P-5 450175) in the ENCONTRADO (PENN DETRITAL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8285District 7CField 29068333NGPA filingOilCasinghead gasSave Export

Value, all time

$1.1 M

Jan 1993 – Jan 2009

Value, last 12 filed months

at the published price for each month

Months reported

193

no gaps in the span

Streams

oil, casinghead gas

The ENCONTRADO (PENN DETRITAL) field

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 9 leases and 14 wells, and the rule below applies to all of them.

Discovered

1969-02-10

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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.

Stream	Basis	Volume	Value
Oil	Disposition	27,035 bbl	$628,127
Casinghead gas	Production	252,677 Mcf	$498,573
Total			$1,126,700

116,242 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 30.9764, -101.6923. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.97643, -101.69232 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,500 ft

1 wells filed one

Completion to plug

28.4 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 9,500 ft.

Completions filed

Mar 1980

1 of 1 wells

Plug dates filed

Aug 2008

1 of 1 wells

Last completion to plug: a median of 28.4 years across the 1 well that filed both dates, with the middle half between 28.4 years and 28.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-10532571	1	9,500 ft	Mar 1980	Aug 2008	Yes

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 (193)

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

193 months


Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	7	90.38	8.21	$57
Dec 2007	195	80	88.33	7.30	$17,809
Nov 2007	0	109	91.67	7.29	$795
Oct 2007	0	146	82.85	6.92	$1,011
Sep 2007	0	123	75.84	6.24	$768
Aug 2007	0	148	69.06	6.39	$945
Jul 2007	189	154	70.90	6.39	$14,384
Jun 2007	0	159	62.00	7.55	$1,200
May 2007	0	126	58.74	7.85	$989
Apr 2007	0	156	59.61	7.81	$1,218
Mar 2007	0	197	56.92	7.30	$1,438
Feb 2007	194	172	55.10	8.22	$12,103
Jan 2007	0	237	50.30	6.73	$1,594
Dec 2006	0	248	56.65	6.92	$1,716
Nov 2006	0	230	54.20	7.62	$1,752
Oct 2006	0	246	54.90	6.01	$1,479
Sep 2006	0	255	60.08	5.04	$1,284
Aug 2006	180	223	68.71	7.34	$14,005
Jul 2006	0	191	69.37	6.34	$1,211
Jun 2006	0	203	66.28	6.38	$1,296
May 2006	0	261	66.01	6.42	$1,677
Apr 2006	177	258	64.39	7.36	$13,296
Mar 2006	0	277	56.70	7.08	$1,962
Feb 2006	0	243	57.59	7.75	$1,884
Jan 2006	164	285	60.59	8.93	$12,483
Dec 2005	0	326	54.94	13.42	$4,373
Nov 2005	0	321	54.69	10.59	$3,399
Oct 2005	153	340	58.34	13.80	$13,617
Sep 2005	0	274	61.45	12.08	$3,310
Aug 2005	147	307	61.51	9.80	$12,050
Jul 2005	0	419	55.69	7.84	$3,286
Jun 2005	0	341	52.33	7.38	$2,517
May 2005	138	400	45.22	6.65	$8,901
Apr 2005	0	427	49.20	7.36	$3,143
Mar 2005	153	468	50.37	7.15	$11,055
Feb 2005	0	432	45.22	6.31	$2,727
Jan 2005	165	489	43.16	6.32	$10,213
Dec 2004	182	465	39.86	6.75	$10,394
Nov 2004	0	471	45.28	6.33	$2,982
Oct 2004	0	524	49.70	6.52	$3,414
Sep 2004	176	562	43.24	5.28	$10,580
Aug 2004	0	591	42.37	5.55	$3,280
Jul 2004	164	618	38.28	6.08	$10,038
Jun 2004	163	612	36.10	6.43	$9,821
May 2004	0	597	37.48	6.49	$3,877
Apr 2004	178	648	34.47	5.86	$9,932
Mar 2004	0	639	34.36	5.53	$3,534
Feb 2004	154	570	32.45	5.51	$8,138
Jan 2004	178	704	32.03	6.30	$10,136
Dec 2003	182	683	30.26	6.30	$9,811
Nov 2003	0	702	28.80	4.60	$3,226
Oct 2003	177	797	28.17	4.76	$8,780
Sep 2003	175	801	26.31	4.75	$8,408
Aug 2003	0	685	29.76	5.13	$3,514
Jul 2003	161	737	29.41	5.17	$8,546
Jun 2003	173	746	28.56	5.98	$9,404
May 2003	189	877	26.59	5.97	$10,264
Apr 2003	0	912	26.67	5.41	$4,931
Mar 2003	177	938	31.14	6.10	$11,230
Feb 2003	188	829	33.48	7.93	$12,865
Jan 2003	5	858	30.31	5.58	$4,941
Dec 2002	171	740	26.91	4.85	$8,193
Nov 2002	179	895	24.66	4.14	$8,117
Oct 2002	156	867	26.46	4.23	$7,794
Sep 2002	161	1,039	27.44	3.64	$8,195
Aug 2002	180	1,115	25.96	3.16	$8,201
Jul 2002	176	1,081	24.58	3.06	$7,636
Jun 2002	180	1,002	23.73	3.34	$7,616
May 2002	176	1,062	24.66	3.58	$8,146
Apr 2002	191	1,106	23.65	3.51	$8,402
Mar 2002	0	1,142	22.00	3.10	$3,543
Feb 2002	168	1,054	18.22	2.38	$5,565
Jan 2002	191	1,030	17.17	2.38	$5,726
Dec 2001	188	1,224	16.93	2.36	$6,077
Nov 2001	185	1,254	18.07	2.41	$6,359
Oct 2001	0	1,299	19.78	2.53	$3,285
Sep 2001	189	1,240	24.26	2.25	$7,377
Aug 2001	187	1,299	24.87	3.05	$8,617
Jul 2001	188	1,399	23.93	3.20	$8,972
Jun 2001	185	1,376	24.56	3.82	$9,806
May 2001	189	330	25.52	4.31	$6,245
Apr 2001	0	1,375	24.68	5.34	$7,336
Mar 2001	183	1,479	24.54	5.38	$12,443
Feb 2001	170	1,280	27.75	5.77	$12,099
Jan 2001	183	849	27.47	8.40	$12,158
Dec 2000	168	1,241	26.88	9.12	$15,837
Nov 2000	370	1,435	32.21	5.66	$20,037
Oct 2000	176	1,530	31.23	5.15	$13,369
Sep 2000	0	1,575	31.87	5.19	$8,169
Aug 2000	183	1,466	29.64	4.54	$12,081
Jul 2000	185	1,412	28.53	4.09	$11,053
Jun 2000	182	1,331	29.30	4.40	$11,185
May 2000	180	1,460	27.26	3.68	$10,279
Apr 2000	180	1,613	24.51	3.12	$9,438
Mar 2000	167	1,517	28.42	2.86	$9,084
Feb 2000	178	1,236	27.62	2.73	$8,286
Jan 2000	192	1,616	25.27	2.48	$8,860
Dec 1999	185	1,442	24.28	2.42	$7,987
Nov 1999	186	1,452	23.19	2.43	$7,847
Oct 1999	361	1,819	20.98	2.80	$12,674
Sep 1999	183	1,989	21.75	2.62	$9,189
Aug 1999	0	1,623	19.26	2.88	$4,667
Jul 1999	179	329	17.89	2.37	$3,983
Jun 1999	190	1,071	15.94	2.36	$5,558
May 1999	186	1,489	15.79	2.32	$6,393
Apr 1999	371	2,148	15.10	2.21	$10,345
Mar 1999	6	2,456	12.47	1.84	$4,590
Feb 1999	0	1,225	9.98	1.82	$2,227
Jan 1999	364	2,105	10.38	1.90	$7,778
Dec 1998	176	1,838	9.20	1.77	$4,879
Nov 1998	167	2,189	10.89	2.19	$6,603
Oct 1998	358	1,934	12.42	1.97	$8,255
Sep 1998	186	2,073	12.59	2.08	$6,659
Aug 1998	376	2,106	11.30	1.91	$8,266
Jul 1998	0	2,184	11.74	2.24	$4,886
Jun 1998	0	2,170	11.24	2.24	$4,855
May 1998	192	2,324	12.62	2.21	$7,551
Apr 1998	194	2,134	13.04	2.51	$7,876
Mar 1998	194	2,175	12.80	2.31	$7,506
Feb 1998	173	1,821	13.95	2.30	$6,600
Jan 1998	361	2,036	14.70	2.15	$9,694
Dec 1997	194	1,983	16.32	2.41	$7,947
Nov 1997	196	1,940	18.19	3.09	$9,556
Oct 1997	193	2,089	19.25	3.15	$10,295
Sep 1997	194	2,172	17.74	2.95	$9,860
Aug 1997	262	1,814	17.86	2.55	$9,314
Jul 1997	193	2,023	17.58	2.25	$7,939
Jun 1997	184	1,144	17.24	2.26	$5,754
May 1997	160	2,150	18.97	2.31	$7,998
Apr 1997	336	1,925	17.88	2.08	$10,017
Mar 1997	193	2,260	18.95	1.94	$8,040
Feb 1997	194	1,777	20.49	2.21	$7,895
Jan 1997	188	1,213	23.48	3.54	$8,708
Dec 1996	194	2,011	23.32	—	$4,524
Nov 1996	193	2,105	21.97	—	$4,240
Oct 1996	194	2,348	23.31	—	$4,522
Sep 1996	188	2,218	22.22	—	$4,177
Aug 1996	194	2,347	20.26	—	$3,930
Jul 1996	173	2,377	19.55	—	$3,382
Jun 1996	168	2,277	18.73	—	$3,147
May 1996	363	2,556	19.43	—	$7,053
Apr 1996	0	1,795	21.51	—	$0
Mar 1996	0	3	19.38	—	$0
Feb 1996	186	2,387	16.98	—	$3,158
Jan 1996	167	2,477	17.07	—	$2,851
Dec 1995	169	2,666	17.19	—	$2,905
Nov 1995	365	2,652	16.00	—	$5,840
Oct 1995	180	2,662	15.43	—	$2,777
Sep 1995	179	2,558	16.18	—	$2,896
Aug 1995	359	2,515	15.92	—	$5,715
Jul 1995	177	2,622	15.24	—	$2,697
Jun 1995	330	2,471	16.41	—	$5,415
May 1995	359	2,567	17.56	—	$6,304
Apr 1995	179	2,193	17.73	—	$3,174
Mar 1995	361	2,497	16.44	—	$5,935
Feb 1995	327	2,304	16.58	—	$5,422
Jan 1995	530	3,055	15.92	—	$8,438
Dec 1994	0	2,028	15.03	—	$0
Nov 1994	178	2,246	15.90	—	$2,830
Oct 1994	177	2,269	15.58	—	$2,758
Sep 1994	178	2,327	15.29	—	$2,722
Aug 1994	342	2,221	16.13	—	$5,516
Jul 1994	178	2,568	17.56	—	$3,126
Jun 1994	168	2,418	17.09	—	$2,871
May 1994	171	2,313	15.88	—	$2,715
Apr 1994	304	2,648	14.14	—	$4,299
Mar 1994	360	2,732	12.46	—	$4,486
Feb 1994	180	2,430	12.50	—	$2,250
Jan 1994	0	2,750	12.66	—	$0
Dec 1993	0	2,971	12.33	—	$0
Nov 1993	160	2,606	14.49	—	$2,318
Oct 1993	171	2,902	15.85	—	$2,710
Sep 1993	170	2,952	15.03	—	$2,555
Aug 1993	0	2,879	15.66	—	$0
Jul 1993	174	3,020	15.46	—	$2,690
Jun 1993	0	2,399	16.79	—	$0
May 1993	178	2,720	17.68	—	$3,147
Apr 1993	179	1,900	18.05	—	$3,231
Mar 1993	363	2,574	18.14	—	$6,585
Feb 1993	192	2,259	17.90	—	$3,437
Jan 1993	188	2,447	16.93	—	$3,183

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 2008 — as filed, then multipliedworked

Oil                    0 bbl  × $ 90.38 =         $0
Casinghead gas         7 Mcf  × $  8.21 =        $57

────────────────────────────────────────────────────
Month total                                      $57

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/8285 is the state's own key, not one this site invented.