SOUTH LAKE THOMAS "71"

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

Oil lease lease 68475District 8AField 70762100OilCasinghead gasSaveExport
Value, all time
$281 k
Aug 2002 – Jun 2007
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
59
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1993-09-01
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
OilDisposition7,774 bbl$258,935
Casinghead gasProduction4,058 Mcf$22,379
Total$281,315

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 32.5309, -101.1864. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.53088, -101.18641 · 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
7,256 ft
1 wells filed one
Completion to plug
4.3 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 7,256 ft.

Completions filed
Aug 2002
1 of 1 wells
Plug dates filed
Dec 2006
1 of 1 wells

Last completion to plug: a median of 4.3 years across the 1 well that filed both dates, with the middle half between 4.3 years and 4.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0333181917,256 ftAug 2002Dec 2006Yes

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 (59)

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

59 months

Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 200698056.656.92$5,552
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006164068.717.34$11,268
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006166066.016.42$10,958
Apr 20060064.397.36$0
Mar 20061056.707.08$57
Feb 20060057.597.75$0
Jan 2006163060.598.93$9,876
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 2005153061.4512.08$9,402
Aug 20050061.519.80$0
Jul 20050355.697.84$24
Jun 200515117652.337.38$9,201
May 2005019745.226.65$1,310
Apr 2005014749.207.36$1,082
Mar 20051589850.377.15$8,660
Feb 200504545.226.31$284
Jan 20051624943.166.32$7,302
Dec 200404739.866.75$317
Nov 200405145.286.33$323
Oct 200415213549.706.52$8,434
Sep 2004021043.245.28$1,110
Aug 200416224942.375.55$8,246
Jul 200415425538.286.08$7,447
Jun 200415823036.106.43$7,183
May 2004024137.486.49$1,565
Apr 200414119734.475.86$6,014
Mar 200416624134.365.53$7,037
Feb 2004014132.455.51$777
Jan 2004160032.036.30$5,125
Dec 2003177030.266.30$5,356
Nov 20030028.804.60$0
Oct 2003167028.174.76$4,704
Sep 2003164026.314.75$4,315
Aug 200301829.765.13$92
Jul 20031571329.415.17$4,685
Jun 20031772028.565.98$5,175
May 200303126.595.97$185
Apr 20031744926.675.41$4,906
Mar 200301631.146.10$98
Feb 20031442033.487.93$4,980
Jan 200302530.315.58$140
Dec 20021731726.914.85$4,738
Nov 2002185124.664.14$4,566
Oct 200268126426.464.23$19,136
Sep 20021,17187227.443.64$35,302
Aug 20022,095025.963.16$54,386

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.

Dec 2006 — as filed, then multipliedworked
Oil                   98 bbl  × $ 56.65 =     $5,552
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                   $5,552

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/68475 is the state's own key, not one this site invented.