SEBESTA BROTHERS

Operated by TEXAS PETROLEUM INVESTMENT CO. (P-5 847710) in the AGGIELAND (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17427District 03Field 00798850NGPA filingOilCasinghead gasSaveExport
Value, all time
$710 k
Jan 1993 – Jun 2010
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
210
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 27 leases and 31 wells, and the rule below applies to all of them.

Discovered
1984-01-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2022-02-01.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 02/01/2022.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition13,685 bbl$311,585
Casinghead gasProduction143,600 Mcf$398,748
Total$710,333

42,783 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 30.5428, -96.3555. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.54284, -96.35549 · 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
10,365 ft
1 wells filed one
Completion to plug
10.3 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 10,365 ft.

Completions filed
Feb 2015
1 of 1 wells
Plug dates filed
May 2025
1 of 1 wells

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-04131103110,365 ftFeb 2015May 2025Yes

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 (210)

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

210 months

Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010287081.694.12$23,445
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006014054.207.62$1,066
Oct 200608054.906.01$481
Sep 2006029260.085.04$1,471
Aug 2006021668.717.34$1,585
Jul 2006013969.376.34$882
Jun 20060066.286.38$0
May 20060766.016.42$45
Apr 20060064.397.36$0
Mar 2006020756.707.08$1,466
Feb 2006021157.597.75$1,635
Jan 200607060.598.93$625
Dec 20050054.9413.42$0
Nov 200501254.6910.59$127
Oct 2005040858.3413.80$5,629
Sep 2005028561.4512.08$3,443
Aug 2005064061.519.80$6,270
Jul 2005083555.697.84$6,549
Jun 2005090352.337.38$6,665
May 200518688045.226.65$14,264
Apr 2005088949.207.36$6,543
Mar 200519489650.377.15$16,183
Feb 2005086045.226.31$5,428
Jan 2005081943.166.32$5,178
Dec 200419684839.866.75$13,537
Nov 2004073545.286.33$4,653
Oct 2004082549.706.52$5,375
Sep 200419782143.245.28$12,856
Aug 2004084142.375.55$4,668
Jul 200419571638.286.08$11,821
Jun 2004081436.106.43$5,236
May 2004077237.486.49$5,014
Apr 2004074734.475.86$4,376
Mar 200420175734.365.53$11,093
Feb 2004074732.455.51$4,116
Jan 2004086532.036.30$5,449
Dec 200319886030.266.30$11,411
Nov 2003072928.804.60$3,350
Oct 200319691328.174.76$9,867
Sep 2003082926.314.75$3,937
Aug 2003091529.765.13$4,694
Jul 200319590629.415.17$10,420
Jun 2003089228.565.98$5,337
May 2003093926.595.97$5,608
Apr 200319694026.675.41$10,310
Mar 2003096031.146.10$5,852
Feb 200319787733.487.93$13,547
Jan 2003099430.315.58$5,549
Dec 200219891026.914.85$9,745
Nov 2002047324.664.14$1,957
Oct 2002077926.464.23$3,294
Sep 200219290127.443.64$8,544
Aug 2002084125.963.16$2,661
Jul 2002089624.583.06$2,743
Jun 200219285123.733.34$7,397
May 2002084624.663.58$3,032
Apr 200218190223.653.51$7,449
Mar 200218196122.003.10$6,964
Feb 2002074518.222.38$1,770
Jan 200219290417.172.38$5,444
Dec 2001058616.932.36$1,386
Nov 200118882018.072.41$5,370
Oct 2001097019.782.53$2,453
Sep 200119191224.262.25$6,687
Aug 2001089924.873.05$2,745
Jul 200101,01023.933.20$3,229
Jun 200119474624.563.82$7,617
May 2001059125.524.31$2,546
Apr 200118458324.685.34$7,652
Mar 2001062224.545.38$3,344
Feb 200118154627.755.77$8,172
Jan 2001072427.478.40$6,081
Dec 2000046926.889.12$4,278
Nov 2000079632.215.66$4,504
Oct 200018969431.235.15$9,473
Sep 2000084531.875.19$4,383
Aug 200019198829.644.54$10,148
Jul 2000090828.534.09$3,713
Jun 2000090229.304.40$3,966
May 20001781,24727.263.68$9,441
Apr 200001,10324.513.12$3,437
Mar 20001831,17828.422.86$8,570
Feb 2000095227.622.73$2,596
Jan 200001,13825.272.48$2,823
Dec 19991881,35624.282.42$7,851
Nov 199901,18223.192.43$2,877
Oct 19991801,04620.982.80$6,709
Sep 199901,27721.752.62$3,344
Aug 19991811,51019.262.88$7,828
Jul 199901,46417.892.37$3,473
Jun 199901,09315.942.36$2,582
May 19991841,25415.792.32$5,816
Apr 199901,32015.102.21$2,915
Mar 199918292812.471.84$3,976
Feb 199901,0429.981.82$1,894
Jan 1999090610.381.90$1,721
Dec 19981849889.201.77$3,445
Nov 1998096510.892.19$2,109
Oct 199817982512.421.97$3,848
Sep 199801,24312.592.08$2,589
Aug 1998071811.301.91$1,369
Jul 199838088611.742.24$6,443
Jun 1998099111.242.24$2,217
May 1998094012.622.21$2,074
Apr 19981981,32513.042.51$5,901
Mar 1998099912.802.31$2,307
Feb 199801,21513.952.30$2,793
Jan 19981891,14914.702.15$5,254
Dec 199719684816.322.41$5,243
Nov 199701,21418.193.09$3,749
Oct 199701,13619.253.15$3,578
Sep 19971861,34517.742.95$7,274
Aug 199701,24317.862.55$3,176
Jul 19971921,63617.582.25$7,051
Jun 19971891,07817.242.26$5,692
May 199701,75118.972.31$4,042
Apr 19973451,70417.882.08$9,718
Mar 199701,29918.951.94$2,519
Feb 199717681720.492.21$5,408
Jan 1997085523.483.54$3,026
Dec 199617984023.32$4,174
Nov 199618041721.97$3,955
Oct 1996068823.31$0
Sep 1996066222.22$0
Aug 199618243820.26$3,687
Jul 1996046619.55$0
Jun 1996052018.73$0
May 199619281919.43$3,731
Apr 1996055721.51$0
Mar 199619480319.38$3,760
Feb 1996092116.98$0
Jan 199619596017.07$3,329
Dec 199501,13917.19$0
Nov 1995084416.00$0
Oct 199517887215.43$2,747
Sep 19951861,02016.18$3,009
Aug 1995083815.92$0
Jul 199501,09815.24$0
Jun 19951911,08216.41$3,134
May 1995075717.56$0
Apr 199518581017.73$3,280
Mar 199519485716.44$3,189
Feb 199501,01416.58$0
Jan 199519283215.92$3,057
Dec 199419680515.03$2,946
Nov 19941801,05215.90$2,862
Oct 1994093415.58$0
Sep 1994057815.29$0
Aug 199419291016.13$3,097
Jul 199418874117.56$3,301
Jun 1994993417.09$154
May 199418590815.88$2,938
Apr 1994386614.14$42
Mar 199417851812.46$2,218
Feb 199418793912.50$2,338
Jan 199401,16612.66$0
Dec 19931871,32212.33$2,306
Nov 1993879414.49$116
Oct 199318799415.85$2,964
Sep 19931761,22915.03$2,645
Aug 199318973015.66$2,960
Jul 199301,28815.46$0
Jun 199317896216.79$2,989
May 19931961,23817.68$3,465
Apr 199301,11918.05$0
Mar 19931781,07718.14$3,229
Feb 19932071,29417.90$3,705
Jan 1993311,13116.93$525

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.

Apr 2010 — as filed, then multipliedworked
Oil                  287 bbl  × $ 81.69 =    $23,445
Casinghead gas         0 Mcf  × $  4.12 =         $0

────────────────────────────────────────────────────
Month total                                  $23,445

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. 03/O/17427 is the state's own key, not one this site invented.