IRA SW 113 #1

Operated by SHARP IMAGE ENERGY, INC. (P-5 770731) in the SHARP 06 SW IRA (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 69018District 8AField 82744500OilCasinghead gasSaveExport
Value, all time
$2.1 M
Sep 2006 – Jul 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
107
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
2006-09-27
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
OilDisposition24,465 bbl$1,811,747
Casinghead gasProduction34,694 Mcf$249,835
Total$2,061,582

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 32.5645, -101.0511. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.56453, -101.05111 · 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
7,429 ft
1 wells filed one
Completion to plug
20 months
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 7,429 ft.

Completions filed
Jun 2013
1 of 1 wells
Plug dates filed
Feb 2015
1 of 1 wells

Last completion to plug: a median of 20 months across the 1 well that filed both dates, with the middle half between 20 months and 20 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4153422217,429 ftJun 2013Feb 2015Yes

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 (107)

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

107 months

Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 201397088.853.74$8,618
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013165094.834.15$15,647
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 201293094.672.92$8,804
Aug 20120092.662.91$0
Jul 2012186085.133.02$15,834
Jun 20120079.822.52$0
May 2012189091.612.49$17,314
Apr 201210101.652.00$102
Mar 20123730105.052.22$39,184
Feb 20121880101.102.57$19,007
Jan 2012570098.092.73$55,911
Dec 2011385096.873.24$37,295
Nov 2011190095.723.31$18,187
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011187083.404.15$15,596
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011189098.134.40$18,547
Apr 201100105.964.33$0
Mar 2011193096.364.06$18,597
Feb 2011191085.644.18$16,357
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010188080.843.80$15,198
Oct 201003978.103.51$137
Sep 2010188072.633.98$13,654
Aug 20100073.684.42$0
Jul 2010189272.554.74$13,721
Jun 2010204770.364.91$1,638
May 2010012271.124.24$517
Apr 2010013381.694.12$548
Mar 201018820978.394.39$15,655
Feb 201019132573.585.44$15,823
Jan 201019538474.365.96$16,790
Dec 2009146871.445.48$2,638
Nov 200918942574.593.75$15,692
Oct 2009050072.544.11$2,055
Sep 200918948965.543.06$13,886
Aug 2009055067.423.22$1,770
Jul 200918761161.133.46$13,548
Jun 200917750366.163.90$13,670
May 200917951854.743.93$11,832
Apr 20091821,02946.773.59$12,204
Mar 20091931,18442.144.06$12,939
Feb 20093821,11832.814.63$17,713
Jan 2009183035.865.37$4,494
Dec 20083731,12737.105.98$20,575
Nov 20081921,49655.496.86$20,917
Oct 200838199975.246.92$35,582
Sep 2008190891101.767.88$26,353
Aug 20085661,850114.228.48$80,342
Jul 20083681,785131.0811.39$68,568
Jun 20083801,452131.3313.03$68,829
May 20085581,382123.1711.57$84,725
Apr 20083671,067110.3110.45$51,639
Mar 20083851,109101.909.66$49,949
Feb 20083821,02492.538.77$44,328
Jan 20085741,18090.388.21$61,561
Dec 20075711,08488.337.30$58,352
Nov 20075741,42191.677.29$62,980
Oct 20075661,51082.856.92$57,345
Sep 20075711,18375.846.24$50,691
Aug 20077571,39369.066.39$61,177
Jul 20079491,99070.906.39$79,996
Jun 20079451,26562.007.55$68,139
May 20071,139058.747.85$66,905
Apr 20071,322059.617.81$78,804
Mar 2007561056.927.30$31,932
Feb 20071,148055.108.22$63,255
Jan 20071,316050.306.73$66,195
Dec 2006729056.656.92$41,298
Nov 20061,132054.207.62$61,354
Oct 20061,433054.906.01$78,672
Sep 20060060.085.04$0

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.

Nov 2013 — as filed, then multipliedworked
Oil                   97 bbl  × $ 88.85 =     $8,618
Casinghead gas         0 Mcf  × $  3.74 =         $0

────────────────────────────────────────────────────
Month total                                   $8,618

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/69018 is the state's own key, not one this site invented.