SHREK

Operated by TEXLAND PETROLEUM, L.P. (P-5 849735) in the OWNBY (CLEAR FORK, LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 71326District 8AField 67899200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$9.4 M
Jul 2023 – May 2026
Value, last 12 filed months
$2.7 M
at the published price for each month
Months reported
35
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 10 leases and 26 wells, and the rule below applies to all of them.

Discovered
1965-01-28
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
233 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2010-12-14.

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: 7620-8275'AND 100% ACRE ALLOCATION FORMULA.

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
OilDisposition122,402 bbl$9,348,390
Casinghead gasProduction20,948 Mcf$59,219
Total$9,407,610

Wells on this lease (4)

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 33.1763, -102.6533. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.17622, -102.65304 · 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
25.0%
1 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
8,749 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
125.0%
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.
375.0%

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 8,576 and 8,891 ft, median 8,749 ft, over the 4 wells that filed a depth.

Completions filed
Jul 2023 – Jan 2026
4 of 4 wells

4 wells

42-5013762048,576 ftJan 2026
42-5013755638,648 ftOct 2025Yes
42-5013748628,850 ftMar 2024
42-5013743818,891 ftJul 2023

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 (35)

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

35 months

May 20265,262674106.413.05$561,982
Apr 20264,43336998.932.87$439,616
Mar 20263,43726089.753.15$309,290
Feb 20263,03020363.503.75$193,166
Jan 20262,71818459.138.00$162,187
Dec 20252,71745756.664.41$155,962
Nov 20252,53847258.593.93$150,555
Oct 20252,44243159.383.30$146,430
Sep 20252,31044062.743.08$146,283
Aug 20252,66145063.933.01$171,474
Jul 20252,24446966.743.32$151,319
Jun 20252,32641266.483.13$155,922
May 20252,67546860.553.23$163,484
Apr 20252,23643762.363.54$140,985
Mar 20252,56237267.704.27$175,035
Feb 20252,17040370.884.34$155,559
Jan 20252,77642874.324.28$208,144
Dec 20242,91161168.993.12$202,737
Nov 20242,89059669.052.20$200,865
Oct 20243,39171171.372.28$243,638
Sep 20243,44673369.612.36$241,609
Aug 20243,76298575.632.06$286,553
Jul 20243,76486579.932.15$302,713
Jun 20244,5861,00578.082.63$360,722
May 20245,71772878.812.20$452,157
Apr 20246,59498784.451.66$558,501
Mar 20245,10587280.301.55$411,279
Feb 20243,35761776.091.78$256,535
Jan 20243,90170073.023.30$287,159
Dec 20234,15577471.262.61$298,106
Nov 20234,41786777.892.81$346,474
Oct 20235,6071,02085.443.09$482,211
Sep 20236,7361,02089.042.74$602,563
Aug 20233,52691580.522.67$286,359
Jul 202301374.852.64$34

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.

May 2026 — as filed, then multipliedworked
Oil                5,262 bbl  × $106.41 =   $559,929
Casinghead gas       674 Mcf  × $  3.05 =     $2,053

────────────────────────────────────────────────────
Month total                                 $561,982

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/71326 is the state's own key, not one this site invented.