SNEED BONNER UNIT

Name: SNEED BONNER UNIT lease production and value, May 2002 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ENCANA OIL & GAS(USA) INC. (P-5 251691) in the MARSTERS, N.E. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 188928District 05Field 577331002 tax incentive programmesCondensateGasSave Export

Value, all time

$3.3 M

May 2002 – Jan 2015

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

153

no gaps in the span

Streams

condensate, gas

The MARSTERS, N.E. field

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 39 leases and 39 wells, and the rule below applies to all of them.

Discovered

1985-12-19

as the register files it

Field class

Gas

the register's own label

Between wells

1,320 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 1994-03-21.

The Commission's schedule remark for this field reads: “PER DOCKET #05-0204338.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2002-08-15	148006
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	2,022 bbl	$58,853
Gas	Production	572,935 Mcf	$3,250,469
Total			$3,309,322

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 31.8420, -96.1673. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84201, -96.16733 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

11,987 ft

1 wells filed one

Completion to plug

10.2 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 11,987 ft.

Completions filed

May 2002

1 of 1 wells

Plug dates filed

Jul 2012

1 of 1 wells

Last completion to plug: a median of 10.2 years across the 1 well that filed both dates, with the middle half between 10.2 years and 10.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-16131097	1	11,987 ft	May 2002	Jul 2012	Yes

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 (153)

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

153 months


Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	29	0	78.30	3.90	$2,271
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	1	1	85.13	3.02	$88
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	1	1	83.62	3.99	$88
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	418	94.14	4.52	$1,888
Jun 2011	0	202	92.90	4.64	$937
May 2011	0	15	98.13	4.40	$66
Apr 2011	0	15	105.96	4.33	$65
Mar 2011	0	23	96.36	4.06	$93
Feb 2011	0	3	85.64	4.18	$13
Jan 2011	0	5	86.50	4.59	$23
Dec 2010	0	3	85.73	4.35	$13
Nov 2010	0	26	80.84	3.80	$99
Oct 2010	0	14	78.10	3.51	$49
Sep 2010	0	41	72.63	3.98	$163
Aug 2010	0	74	73.68	4.42	$327
Jul 2010	0	95	72.55	4.74	$450
Jun 2010	0	69	70.36	4.91	$339
May 2010	0	103	71.12	4.24	$436
Apr 2010	0	81	81.69	4.12	$334
Mar 2010	0	42	78.39	4.39	$184
Feb 2010	0	46	73.58	5.44	$250
Jan 2010	0	74	74.36	5.96	$441
Dec 2009	1	104	71.44	5.48	$642
Nov 2009	0	94	74.59	3.75	$353
Oct 2009	0	108	72.54	4.11	$444
Sep 2009	0	99	65.54	3.06	$303
Aug 2009	1	174	67.42	3.22	$627
Jul 2009	0	735	61.13	3.46	$2,546
Jun 2009	0	89	66.16	3.90	$347
May 2009	1	107	54.74	3.93	$475
Apr 2009	0	30	46.77	3.59	$108
Mar 2009	0	21	42.14	4.06	$85
Feb 2009	0	24	32.81	4.63	$111
Jan 2009	0	26	35.86	5.37	$140
Dec 2008	0	41	37.10	5.98	$245
Nov 2008	0	32	55.49	6.86	$220
Oct 2008	0	27	75.24	6.92	$187
Sep 2008	0	28	101.76	7.88	$221
Aug 2008	0	24	114.22	8.48	$204
Jul 2008	0	27	131.08	11.39	$308
Jun 2008	0	25	131.33	13.03	$326
May 2008	0	126	123.17	11.57	$1,458
Apr 2008	0	206	110.31	10.45	$2,154
Mar 2008	0	241	101.90	9.66	$2,329
Feb 2008	0	310	92.53	8.77	$2,719
Jan 2008	0	480	90.38	8.21	$3,939
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	31	82.85	6.92	$215
Sep 2007	0	188	75.84	6.24	$1,174
Aug 2007	0	385	69.06	6.39	$2,459
Jul 2007	1	487	70.90	6.39	$3,182
Jun 2007	0	663	62.00	7.55	$5,005
May 2007	0	1,421	58.74	7.85	$11,150
Apr 2007	0	4,108	59.61	7.81	$32,064
Mar 2007	0	3,991	56.92	7.30	$29,142
Feb 2007	0	2,930	55.10	8.22	$24,073
Jan 2007	0	3,262	50.30	6.73	$21,943
Dec 2006	0	3,691	56.65	6.92	$25,536
Nov 2006	0	3,607	54.20	7.62	$27,476
Oct 2006	0	3,609	54.90	6.01	$21,704
Sep 2006	2	3,355	60.08	5.04	$17,020
Aug 2006	0	3,667	68.71	7.34	$26,915
Jul 2006	0	3,875	69.37	6.34	$24,578
Jun 2006	0	3,618	66.28	6.38	$23,097
May 2006	0	3,640	66.01	6.42	$23,387
Apr 2006	0	3,444	64.39	7.36	$25,349
Mar 2006	0	3,310	56.70	7.08	$23,444
Feb 2006	0	3,173	57.59	7.75	$24,594
Jan 2006	0	3,540	60.59	8.93	$31,624
Dec 2005	1	3,629	54.94	13.42	$48,739
Nov 2005	0	3,681	54.69	10.59	$38,976
Oct 2005	0	4,770	58.34	13.80	$65,806
Sep 2005	0	6,362	61.45	12.08	$76,847
Aug 2005	0	6,580	61.51	9.80	$64,463
Jul 2005	0	5,495	55.69	7.84	$43,101
Jun 2005	0	6,608	52.33	7.38	$48,774
May 2005	0	6,198	45.22	6.65	$41,224
Apr 2005	0	7,486	49.20	7.36	$55,101
Mar 2005	0	7,000	50.37	7.15	$50,084
Feb 2005	0	8,564	45.22	6.31	$54,055
Jan 2005	0	7,993	43.16	6.32	$50,533
Dec 2004	0	9,831	39.86	6.75	$66,370
Nov 2004	0	10,440	45.28	6.33	$66,090
Oct 2004	0	9,179	49.70	6.52	$59,802
Sep 2004	0	10,595	43.24	5.28	$55,983
Aug 2004	0	9,476	42.37	5.55	$52,598
Jul 2004	0	9,937	38.28	6.08	$60,459
Jun 2004	189	12,509	36.10	6.43	$87,294
May 2004	0	10,167	37.48	6.49	$66,030
Apr 2004	2	10,100	34.47	5.86	$59,239
Mar 2004	0	10,291	34.36	5.53	$56,911
Feb 2004	0	5,951	32.45	5.51	$32,788
Jan 2004	0	2,888	32.03	6.30	$18,193
Dec 2003	0	5,744	30.26	6.30	$36,197
Nov 2003	0	6,607	28.80	4.60	$30,360
Oct 2003	0	8,605	28.17	4.76	$40,957
Sep 2003	174	10,085	26.31	4.75	$52,475
Aug 2003	192	10,146	29.76	5.13	$57,760
Jul 2003	0	11,663	29.41	5.17	$60,308
Jun 2003	0	12,473	28.56	5.98	$74,625
May 2003	0	12,758	26.59	5.97	$76,199
Apr 2003	6	21,611	26.67	5.41	$117,017
Mar 2003	185	7,468	31.14	6.10	$51,286
Feb 2003	0	17,626	33.48	7.93	$139,702
Jan 2003	185	17,373	30.31	5.58	$102,584
Dec 2002	0	16,547	26.91	4.85	$80,315
Nov 2002	184	22,007	24.66	4.14	$95,580
Oct 2002	191	23,223	26.46	4.23	$103,267
Sep 2002	373	19,408	27.44	3.64	$80,787
Aug 2002	67	22,457	25.96	3.16	$72,797
Jul 2002	113	20,813	24.58	3.06	$66,502
Jun 2002	123	28,298	23.73	3.34	$97,384
May 2002	0	27,769	24.66	3.58	$99,524

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.

Oct 2014 — as filed, then multipliedworked

Condensate            29 bbl  × $ 78.30 =     $2,271
Gas                    0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                   $2,271

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. 05/G/188928 is the state's own key, not one this site invented.