TONTO 119

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

Oil lease lease 70312District 8AField 84470750Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$748 k
Oct 2014 – Feb 2017
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
29
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 9 leases and 28 wells, and the rule below applies to all of them.

Discovered
1950-02-03
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 40 acres.

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.

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
OilDisposition12,518 bbl$746,803
Casinghead gasProduction328 Mcf$1,050
Total$747,852

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 32.7738, -100.9004. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.77377, -100.90040 · 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
7,802 ft
1 wells filed one
Completion to plug
9 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 7,802 ft.

Completions filed
May 2016
1 of 1 wells
Plug dates filed
Feb 2017
1 of 1 wells

Last completion to plug: a median of 9 months across the 1 well that filed both dates, with the middle half between 9 months and 9 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4153496017,802 ftMay 2016Feb 2017Yes

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 (29)

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

29 months

Feb 2017152050.452.95$7,668
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20161041.442.92$41
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 201645042.521.99$1,913
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 201616026.472.06$424
Jan 2016139027.352.36$3,802
Dec 201589032.362.00$2,880
Nov 2015446038.792.17$17,300
Oct 2015361043.552.43$15,722
Sep 2015399042.992.76$17,153
Aug 2015540040.162.87$21,686
Jul 20154048.152.95$193
Jun 2015182056.152.88$10,219
May 2015718055.212.96$39,641
Apr 2015180049.822.71$8,968
Mar 20157314842.892.93$31,493
Feb 2015532044.662.98$23,759
Jan 201573019743.433.10$32,315
Dec 20141,5058354.693.59$82,607
Nov 20142,551070.464.25$179,743
Oct 20143,197078.303.90$250,325

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 2017 — as filed, then multipliedworked
Oil                  152 bbl  × $ 50.45 =     $7,668
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                   $7,668

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/70312 is the state's own key, not one this site invented.