FINA

Operated by SHARP IMAGE ENERGY, INC. (P-5 770731) in the JAYTON (CANYON REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68020District 8AField 45985075OilCasinghead gasSaveExport
Value, all time
$1.1 M
Dec 1998 – Aug 2003
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
57
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1998-02-17
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

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
OilDisposition50,025 bbl$1,044,522
Casinghead gasProduction1,073 Mcf$6,146
Total$1,050,668

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 33.2914, -100.8946. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.29142, -100.89456 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,582 ft
1 wells filed one
Completion to plug
5.2 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 6,582 ft.

Completions filed
Feb 1998
1 of 1 wells
Plug dates filed
Apr 2003
1 of 1 wells

Last completion to plug: a median of 5.2 years across the 1 well that filed both dates, with the middle half between 5.2 years and 5.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2633163716,582 ftFeb 1998Apr 2003Yes

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 (57)

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

57 months

Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 2003132028.565.98$3,770
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 2002168024.664.14$4,143
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 2002142025.963.16$3,686
Jul 2002136024.583.06$3,343
Jun 2002178023.733.34$4,224
May 2002176024.663.58$4,340
Apr 2002177023.653.51$4,186
Mar 2002142022.003.10$3,124
Feb 2002379018.222.38$6,905
Jan 2002350017.172.38$6,010
Dec 2001355016.932.36$6,010
Nov 2001179018.072.41$3,235
Oct 2001540019.782.53$10,681
Sep 20010024.262.25$0
Aug 2001336024.873.05$8,356
Jul 2001335023.933.20$8,017
Jun 2001686024.563.82$16,848
May 2001519025.524.31$13,245
Apr 20011,017024.685.34$25,100
Mar 20011,038024.545.38$25,473
Feb 20011,0611,06127.755.77$35,562
Jan 20011,589027.478.40$43,650
Dec 2000695026.889.12$18,682
Nov 2000547032.215.66$17,619
Oct 2000894031.235.15$27,920
Sep 2000920031.875.19$29,320
Aug 2000903029.644.54$26,765
Jul 20001,084028.534.09$30,927
Jun 2000898029.304.40$26,311
May 20001,439027.263.68$39,227
Apr 20001,104024.513.12$27,059
Mar 20001,250028.422.86$35,525
Feb 20001,066027.622.73$29,443
Jan 20002,046025.272.48$51,702
Dec 19991,797024.282.42$43,631
Nov 19992,060123.192.43$47,774
Oct 19992,751120.982.80$57,719
Sep 19992,433121.752.62$52,920
Aug 19991,505119.262.88$28,989
Jul 19991,105117.892.37$19,771
Jun 19991,820115.942.36$29,013
May 19992,239115.792.32$35,356
Apr 19992,046115.102.21$30,897
Mar 19992,543112.471.84$31,713
Feb 19993,03719.981.82$30,311
Jan 19992,924110.381.90$30,353
Dec 19981,28419.201.77$11,815

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.

Jun 2003 — as filed, then multipliedworked
Oil                  132 bbl  × $ 28.56 =     $3,770
Casinghead gas         0 Mcf  × $  5.98 =         $0

────────────────────────────────────────────────────
Month total                                   $3,770

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. 8A/O/68020 is the state's own key, not one this site invented.