NW IRA "N"

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

Oil lease lease 68547District 8AField 28886075OilCasinghead gasSaveExport
Value, all time
$1.1 M
Mar 2003 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
61
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1999-03-09
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2000-11-20.

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
OilDisposition26,487 bbl$876,754
Casinghead gasProduction35,375 Mcf$207,211
Total$1,083,965

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 32.6431, -100.9429. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.64311, -100.94288 · 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
7,032 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 7,032 ft.

Completions filed
Mar 2003
1 of 1 wells
Plug dates filed
Jun 2007
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

42-41533967157,032 ftMar 2003Jun 2007Yes

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 (61)

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

61 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
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 2006147056.656.92$8,328
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20061066.286.38$66
May 200613066.016.42$259
Apr 20063064.397.36$193
Mar 20060056.707.08$0
Feb 2006194057.597.75$11,172
Jan 2006014060.598.93$1,251
Dec 200516619454.9413.42$11,723
Nov 20051746154.6910.59$10,162
Oct 200509358.3413.80$1,283
Sep 2005011261.4512.08$1,353
Aug 200516519461.519.80$12,050
Jul 2005237655.697.84$3,061
Jun 200532365152.337.38$21,708
May 20053621,29845.226.65$25,003
Apr 20051,12326049.207.36$57,165
Mar 200555642450.377.15$31,039
Feb 200518915345.226.31$9,512
Jan 200533520243.166.32$15,736
Dec 200435927239.866.75$16,146
Nov 200417926945.286.33$9,808
Oct 200433739849.706.52$19,342
Sep 200433945543.245.28$17,063
Aug 200434863142.375.55$18,247
Jul 200437551638.286.08$17,494
Jun 200435353836.106.43$16,204
May 200441554637.486.49$19,100
Apr 20045441,13034.475.86$25,372
Mar 20045591,26034.365.53$26,175
Feb 200452598732.455.51$22,474
Jan 20047601,66432.036.30$34,825
Dec 20037531,55630.266.30$32,591
Nov 20037371,67928.804.60$28,941
Oct 20038981,35328.174.76$31,736
Sep 20031,1352,01226.314.75$39,418
Aug 20031,4462,09629.765.13$53,785
Jul 20032,1453,60129.415.17$81,705
Jun 20032,9853,68728.565.98$107,311
May 20033,2433,26426.595.97$105,726
Apr 20032,9252,44426.675.41$91,225
Mar 20031,38682931.146.10$48,214

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                  147 bbl  × $ 56.65 =     $8,328
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                   $8,328

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/68547 is the state's own key, not one this site invented.