SHEPHERD "703"

Operated by RILEY PERMIAN OPERATING CO, LLC (P-5 712217) in the WASSON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 70163District 8AField 95397001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.6 M
Jan 2011 – Sep 2022
Value, last 12 filed months
$87 k
at the published price for each month
Months reported
141
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 215 leases and 6,128 wells, and the rule below applies to all of them.

Discovered
1937-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2024-01-30.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: ANNUAL WELL TESTS AND REPORT ON G-10 FORM.

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
OilDisposition45,386 bbl$3,437,961
Casinghead gasProduction51,248 Mcf$171,411
Total$3,609,372

Wells on this lease (2)

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 33.0542, -102.8752. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.05425, -102.87518 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
11,021 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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

Between 10,938 and 11,104 ft, median 11,021 ft, over the 2 wells that filed a depth.

Completions filed
Nov 2010 – Mar 2022
2 of 2 wells

2 wells

42-50133491210,938 ftMar 2022Yes
42-50133472111,104 ftNov 2010Yes

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 (141)

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

141 months

Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 202222839491.054.86$22,674
Jan 202234445281.844.54$30,204
Dec 2021047771.323.90$1,860
Nov 202117143777.435.24$15,529
Oct 202117151479.795.71$16,581
Sep 2021169069.865.35$11,806
Aug 2021171066.024.22$11,289
Jul 20210070.783.98$0
Jun 2021169069.493.38$11,744
May 2021171063.483.02$10,855
Apr 2021172060.362.76$10,382
Mar 2021171061.302.72$10,482
Feb 2021168057.805.55$9,710
Jan 2021172050.412.81$8,671
Dec 2020164044.642.68$7,321
Nov 2020169038.772.71$6,552
Oct 20200036.972.48$0
Sep 2020168037.091.99$6,231
Aug 20200039.982.39$0
Jul 2020338038.371.83$12,969
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020137030.341.86$4,157
Feb 20200049.881.98$0
Jan 2020152057.252.09$8,702
Dec 2019164059.012.30$9,678
Nov 2019155055.302.75$8,572
Oct 2019337053.472.42$18,019
Sep 2019171055.052.66$9,414
Aug 201917268853.112.30$10,720
Jul 201934082456.272.46$21,159
Jun 201917081152.782.49$10,993
May 201934281758.482.74$22,239
Apr 201916979662.632.75$12,774
Mar 2019064856.803.06$1,984
Feb 201917140550.852.79$9,826
Jan 201934281846.033.23$18,383
Dec 201817280246.594.19$11,370
Nov 201834477652.934.24$21,496
Oct 201817195761.443.40$13,758
Sep 201834164959.543.11$22,320
Aug 201817081159.403.07$12,585
Jul 201834072665.142.93$24,276
Jun 201817176860.183.08$12,654
May 201833671465.382.90$24,039
Apr 201817371663.842.90$13,121
Mar 201817259361.222.79$12,182
Feb 201817235261.782.77$11,600
Jan 201818975362.874.01$14,901
Dec 201736357057.272.92$22,454
Nov 201718716355.423.12$10,872
Oct 201731517249.292.98$16,040
Sep 201714316347.523.09$7,299
Aug 201717915645.373.00$8,590
Jul 201718613243.873.09$8,567
Jun 201733158642.493.09$15,873
May 201718677745.373.26$10,974
Apr 201730578847.933.21$17,149
Mar 201732070646.772.98$17,073
Feb 201718667750.452.95$11,383
Jan 201736074249.413.42$20,324
Dec 201614473048.763.72$9,739
Nov 201633970742.492.64$16,274
Oct 201618171146.193.09$10,558
Sep 201632174141.553.10$15,635
Aug 201632972641.442.92$15,757
Jul 201633675541.622.92$16,192
Jun 201636373245.352.69$18,428
May 2016072242.521.99$1,438
Apr 201631966136.561.99$12,979
Mar 2016039533.011.79$709
Feb 201636063226.472.06$10,833
Jan 201636273827.352.36$11,646
Dec 201535167032.362.00$12,699
Nov 201517266238.792.17$8,107
Oct 201536466143.552.43$17,456
Sep 201518268042.992.76$9,700
Aug 201534971140.162.87$16,058
Jul 201533570548.152.95$18,207
Jun 2015058456.152.88$1,684
May 201536171755.212.96$22,050
Apr 201517768349.822.71$10,667
Mar 201536670742.892.93$17,773
Feb 201518063744.662.98$9,935
Jan 201537061943.433.10$17,988
Dec 201455363754.693.59$32,531
Nov 201416972970.464.25$15,007
Oct 201449879778.303.90$42,102
Sep 2014034086.164.05$1,375
Aug 201418235089.394.04$17,681
Jul 201417955496.564.18$19,600
Jun 201436185498.164.74$39,481
May 201436188194.734.73$38,362
Apr 201417961895.944.81$20,145
Mar 201419086695.895.06$22,598
Feb 201436578397.406.19$40,399
Jan 201454184190.404.86$52,994
Dec 2013050291.824.35$2,186
Nov 201354368688.853.74$50,810
Oct 201336246997.423.78$37,039
Sep 2013178600104.113.72$20,762
Aug 20135320104.253.52$55,461
Jul 20133560102.523.72$36,497
Jun 2013186094.403.93$17,558
May 2013729094.834.15$69,131
Apr 2013182093.964.28$17,101
Mar 2013352093.623.91$32,954
Feb 20130091.233.42$0
Jan 2013059191.603.42$2,021
Dec 2012525086.773.42$45,554
Nov 2012353086.953.62$30,693
Oct 20121,331089.383.40$118,965
Sep 2012536094.672.92$50,743
Aug 2012534092.662.91$49,480
Jul 2012544085.133.02$46,311
Jun 2012717079.822.52$57,231
May 2012898091.612.49$82,266
Apr 20125350101.652.00$54,383
Mar 20127160105.052.22$75,216
Feb 20125420101.102.57$54,796
Jan 2012719098.092.73$70,527
Dec 2011900096.873.24$87,183
Nov 20111,067095.723.31$102,133
Oct 20111,0671,53484.983.65$96,271
Sep 2011706083.623.99$59,036
Aug 20111,247083.404.15$104,000
Jul 20111,061094.144.52$99,883
Jun 20111,606092.904.64$149,197
May 20112,787098.134.40$273,488
Apr 20113440105.964.33$36,450
Mar 2011554096.364.06$53,383
Feb 2011718085.644.18$61,490
Jan 2011370086.504.59$32,005

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 2022 — as filed, then multipliedworked
Oil                  228 bbl  × $ 91.05 =    $20,759
Casinghead gas       394 Mcf  × $  4.86 =     $1,914

────────────────────────────────────────────────────
Month total                                  $22,674

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/70163 is the state's own key, not one this site invented.