NW IRA "J"

Name: NW IRA "J" lease production and value, Feb 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Oil lease lease 68285District 8AField 82736370OilCasinghead gasSave Export

Value, all time

$1.4 M

Feb 2001 – May 2009

Value, last 12 filed months

at the published price for each month

Months reported

100

no gaps in the span

Streams

oil, casinghead gas

The SHARP IMAGE JOSHUA (REEF) 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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered

2000-01-20

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.

Stream	Basis	Volume	Value
Oil	Disposition	33,620 bbl	$927,875
Casinghead gas	Production	81,020 Mcf	$452,699
Total			$1,380,574

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 32.6697, -100.9615. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.66974, -100.96154 · 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

6,804 ft

1 wells filed one

Completion to plug

8.3 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 6,804 ft.

Completions filed

Jan 2001

1 of 1 wells

Plug dates filed

Apr 2009

1 of 1 wells

Last completion to plug: a median of 8.3 years across the 1 well that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-41533837	11	6,804 ft	Jan 2001	Apr 2009	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 (100)

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

100 months


May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
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	105	14	123.17	11.57	$13,095
Apr 2008	0	32	110.31	10.45	$335
Mar 2008	0	55	101.90	9.66	$532
Feb 2008	0	66	92.53	8.77	$579
Jan 2008	0	108	90.38	8.21	$886
Dec 2007	0	192	88.33	7.30	$1,402
Nov 2007	0	821	91.67	7.29	$5,986
Oct 2007	0	942	82.85	6.92	$6,521
Sep 2007	0	911	75.84	6.24	$5,688
Aug 2007	170	164	69.06	6.39	$12,788
Jul 2007	0	3	70.90	6.39	$19
Jun 2007	0	1	62.00	7.55	$8
May 2007	0	4	58.74	7.85	$31
Apr 2007	190	45	59.61	7.81	$11,677
Mar 2007	0	390	56.92	7.30	$2,848
Feb 2007	0	403	55.10	8.22	$3,311
Jan 2007	187	616	50.30	6.73	$13,550
Dec 2006	0	576	56.65	6.92	$3,985
Nov 2006	0	54	54.20	7.62	$411
Oct 2006	0	54	54.90	6.01	$325
Sep 2006	0	163	60.08	5.04	$821
Aug 2006	0	129	68.71	7.34	$947
Jul 2006	0	202	69.37	6.34	$1,281
Jun 2006	190	515	66.28	6.38	$15,881
May 2006	2	595	66.01	6.42	$3,955
Apr 2006	0	607	64.39	7.36	$4,468
Mar 2006	166	720	56.70	7.08	$14,512
Feb 2006	0	670	57.59	7.75	$5,193
Jan 2006	0	749	60.59	8.93	$6,691
Dec 2005	178	749	54.94	13.42	$19,827
Nov 2005	0	752	54.69	10.59	$7,962
Oct 2005	178	822	58.34	13.80	$21,725
Sep 2005	0	874	61.45	12.08	$10,557
Aug 2005	149	999	61.51	9.80	$18,952
Jul 2005	183	1,003	55.69	7.84	$18,058
Jun 2005	0	896	52.33	7.38	$6,613
May 2005	0	999	45.22	6.65	$6,645
Apr 2005	142	1,190	49.20	7.36	$15,745
Mar 2005	175	1,284	50.37	7.15	$18,002
Feb 2005	161	1,143	45.22	6.31	$14,495
Jan 2005	151	1,308	43.16	6.32	$14,787
Dec 2004	0	686	39.86	6.75	$4,631
Nov 2004	0	1,291	45.28	6.33	$8,173
Oct 2004	170	1,807	49.70	6.52	$20,222
Sep 2004	159	1,850	43.24	5.28	$16,650
Aug 2004	158	2,098	42.37	5.55	$18,340
Jul 2004	324	2,196	38.28	6.08	$25,764
Jun 2004	187	1,826	36.10	6.43	$18,497
May 2004	157	2,246	37.48	6.49	$20,471
Apr 2004	497	3,580	34.47	5.86	$38,105
Mar 2004	369	3,587	34.36	5.53	$32,515
Feb 2004	563	1,328	32.45	5.51	$25,586
Jan 2004	159	662	32.03	6.30	$9,263
Dec 2003	183	374	30.26	6.30	$7,894
Nov 2003	195	640	28.80	4.60	$8,557
Oct 2003	185	709	28.17	4.76	$8,586
Sep 2003	187	687	26.31	4.75	$8,183
Aug 2003	338	665	29.76	5.13	$13,470
Jul 2003	176	757	29.41	5.17	$9,090
Jun 2003	355	775	28.56	5.98	$14,776
May 2003	178	816	26.59	5.97	$9,607
Apr 2003	358	767	26.67	5.41	$13,695
Mar 2003	349	797	31.14	6.10	$15,726
Feb 2003	181	696	33.48	7.93	$11,576
Jan 2003	360	811	30.31	5.58	$15,439
Dec 2002	373	849	26.91	4.85	$14,158
Nov 2002	338	877	24.66	4.14	$11,963
Oct 2002	460	976	26.46	4.23	$16,299
Sep 2002	305	911	27.44	3.64	$11,681
Aug 2002	512	425	25.96	3.16	$14,636
Jul 2002	520	438	24.58	3.06	$14,123
Jun 2002	340	764	23.73	3.34	$10,619
May 2002	672	1,288	24.66	3.58	$21,188
Apr 2002	693	1,291	23.65	3.51	$20,924
Mar 2002	531	1,393	22.00	3.10	$16,004
Feb 2002	861	1,285	18.22	2.38	$18,740
Jan 2002	868	1,395	17.17	2.38	$18,218
Dec 2001	904	1,224	16.93	2.36	$18,199
Nov 2001	912	1,204	18.07	2.41	$19,376
Oct 2001	1,270	1,232	19.78	2.53	$28,236
Sep 2001	1,438	2,106	24.26	2.25	$39,627
Aug 2001	1,802	1,855	24.87	3.05	$50,479
Jul 2001	2,041	2,138	23.93	3.20	$55,676
Jun 2001	1,801	2,153	24.56	3.82	$52,466
May 2001	2,716	2,108	25.52	4.31	$78,392
Apr 2001	2,329	1,637	24.68	5.34	$66,214
Mar 2001	2,658	0	24.54	5.38	$65,227
Feb 2001	1,161	0	27.75	5.77	$32,218

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 2008 — as filed, then multipliedworked

Oil                  105 bbl  × $123.17 =    $12,933
Casinghead gas        14 Mcf  × $ 11.57 =       $162

────────────────────────────────────────────────────
Month total                                  $13,095

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/68285 is the state's own key, not one this site invented.