IRA SW 110

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

Oil lease lease 69398District 8AField 44668500OilCasinghead gasSaveExport
Value, all time
$1.1 M
Apr 2009 – May 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
86
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
2009-04-29
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
OilDisposition13,723 bbl$1,012,123
Casinghead gasProduction13,284 Mcf$59,228
Total$1,071,351

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 32.5617, -101.0904. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.56165, -101.09038 · 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
7,600 ft
1 wells filed one
Completion to plug
5.8 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 7,600 ft.

Completions filed
Apr 2009
1 of 1 wells
Plug dates filed
Feb 2015
1 of 1 wells

Last completion to plug: a median of 5.8 years across the 1 well that filed both dates, with the middle half between 5.8 years and 5.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4153450517,600 ftApr 2009Feb 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 (86)

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

86 months

May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
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 201465097.406.19$6,331
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013168088.853.74$14,927
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 20131870104.253.52$19,495
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013189093.623.91$17,694
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012180086.773.42$15,619
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012187094.672.92$17,703
Aug 20120092.662.91$0
Jul 2012183085.133.02$15,579
Jun 20121079.822.52$80
May 2012180091.612.49$16,490
Apr 201200101.652.00$0
Mar 20121810105.052.22$19,014
Feb 20121820101.102.57$18,400
Jan 2012190098.092.73$18,637
Dec 20110096.873.24$0
Nov 2011190095.723.31$18,187
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011189083.404.15$15,763
Jul 2011187094.144.52$17,604
Jun 20111092.904.64$93
May 2011188098.134.40$18,448
Apr 20111900105.964.33$20,132
Mar 2011190096.364.06$18,308
Feb 20111085.644.18$86
Jan 2011193086.504.59$16,695
Dec 2010191085.734.35$16,374
Nov 2010189080.843.80$15,279
Oct 20103778278.103.51$29,731
Sep 201018851172.633.98$15,688
Aug 201019084273.684.42$17,720
Jul 201037590772.554.74$31,502
Jun 201018987270.364.91$17,580
May 201037987271.124.24$30,648
Apr 201019070681.694.12$18,432
Mar 201038483778.394.39$33,775
Feb 201019264673.585.44$17,643
Jan 20105801,69774.365.96$53,250
Dec 200938681171.445.48$32,023
Nov 20093821,29074.593.75$33,333
Oct 20093841,39672.544.11$33,593
Sep 20095651,12165.543.06$40,466
Aug 200974869467.423.22$52,664
Jul 2009751061.133.46$45,909
Jun 20091,673066.163.90$110,686
May 20092,188054.743.93$119,771
Apr 20090046.773.59$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.

Feb 2014 — as filed, then multipliedworked
Oil                   65 bbl  × $ 97.40 =     $6,331
Casinghead gas         0 Mcf  × $  6.19 =         $0

────────────────────────────────────────────────────
Month total                                   $6,331

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/69398 is the state's own key, not one this site invented.