SNEED, FAYE B.

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

Operated by BOMAR OIL & GAS, INC. (P-5 81550) in the FREESTONE (CV-BOSSIER CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 189265District 05Field 32950285Hydrogen sulphide fieldCondensateGasSave Export

Value, all time

$466 k

May 2002 – Aug 2015

Value, last 12 filed months

at the published price for each month

Months reported

160

no gaps in the span

Streams

condensate, gas

The FREESTONE (CV-BOSSIER CONS.) 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 960 leases and 960 wells, and the rule below applies to all of them.

Discovered

2006-02-28

as the register files it

Field class

Gas

the register's own label

Between wells

600 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2016-11-15.

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: “PLATS FOR INDIVIDUAL WELLS IN THE FIELD IF THEY CHOOSE.”

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	640 bbl	$23,713
Gas	Production	75,321 Mcf	$442,618
Total			$466,331

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 31.8270, -96.2984. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.82705, -96.29836 · 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

11,890 ft

1 wells filed one

Completion to plug

13.0 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 11,890 ft.

Completions filed

May 2002

1 of 1 wells

Plug dates filed

May 2015

1 of 1 wells

Last completion to plug: a median of 13.0 years across the 1 well that filed both dates, with the middle half between 13.0 years and 13.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-16130006	1	11,890 ft	May 2002	May 2015	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 (160)

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

160 months


Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
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	0	0	78.30	3.90	$0
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	9	97.42	3.78	$34
Sep 2013	0	17	104.11	3.72	$63
Aug 2013	0	32	104.25	3.52	$113
Jul 2013	0	45	102.52	3.72	$167
Jun 2013	0	50	94.40	3.93	$197
May 2013	0	42	94.83	4.15	$174
Apr 2013	0	23	93.96	4.28	$99
Mar 2013	0	38	93.62	3.91	$149
Feb 2013	0	31	91.23	3.42	$106
Jan 2013	0	42	91.60	3.42	$144
Dec 2012	0	39	86.77	3.42	$133
Nov 2012	0	24	86.95	3.62	$87
Oct 2012	0	22	89.38	3.40	$75
Sep 2012	0	34	94.67	2.92	$99
Aug 2012	0	39	92.66	2.91	$113
Jul 2012	0	20	85.13	3.02	$60
Jun 2012	0	38	79.82	2.52	$96
May 2012	0	24	91.61	2.49	$60
Apr 2012	0	14	101.65	2.00	$28
Mar 2012	0	1	105.05	2.22	$2
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	7	96.87	3.24	$23
Nov 2011	0	14	95.72	3.31	$46
Oct 2011	0	4	84.98	3.65	$15
Sep 2011	0	13	83.62	3.99	$52
Aug 2011	0	36	83.40	4.15	$149
Jul 2011	0	44	94.14	4.52	$199
Jun 2011	0	11	92.90	4.64	$51
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	9	86.50	4.59	$41
Dec 2010	0	39	85.73	4.35	$170
Nov 2010	0	29	80.84	3.80	$110
Oct 2010	0	33	78.10	3.51	$116
Sep 2010	0	13	72.63	3.98	$52
Aug 2010	0	40	73.68	4.42	$177
Jul 2010	0	11	72.55	4.74	$52
Jun 2010	0	18	70.36	4.91	$88
May 2010	0	36	71.12	4.24	$152
Apr 2010	0	42	81.69	4.12	$173
Mar 2010	0	8	78.39	4.39	$35
Feb 2010	0	2	73.58	5.44	$11
Jan 2010	0	1	74.36	5.96	$6
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	26	74.59	3.75	$98
Oct 2009	0	14	72.54	4.11	$58
Sep 2009	0	26	65.54	3.06	$80
Aug 2009	0	45	67.42	3.22	$145
Jul 2009	0	44	61.13	3.46	$152
Jun 2009	0	29	66.16	3.90	$113
May 2009	0	37	54.74	3.93	$145
Apr 2009	0	48	46.77	3.59	$172
Mar 2009	0	24	42.14	4.06	$97
Feb 2009	0	38	32.81	4.63	$176
Jan 2009	0	9	35.86	5.37	$48
Dec 2008	0	37	37.10	5.98	$221
Nov 2008	0	50	55.49	6.86	$343
Oct 2008	0	47	75.24	6.92	$325
Sep 2008	0	50	101.76	7.88	$394
Aug 2008	0	29	114.22	8.48	$246
Jul 2008	0	5	131.08	11.39	$57
Jun 2008	0	17	131.33	13.03	$222
May 2008	0	18	123.17	11.57	$208
Apr 2008	0	15	110.31	10.45	$157
Mar 2008	0	9	101.90	9.66	$87
Feb 2008	0	5	92.53	8.77	$44
Jan 2008	0	15	90.38	8.21	$123
Dec 2007	0	6	88.33	7.30	$44
Nov 2007	0	35	91.67	7.29	$255
Oct 2007	0	54	82.85	6.92	$374
Sep 2007	0	35	75.84	6.24	$219
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	5	62.00	7.55	$38
May 2007	0	18	58.74	7.85	$141
Apr 2007	0	13	59.61	7.81	$101
Mar 2007	0	118	56.92	7.30	$862
Feb 2007	0	99	55.10	8.22	$813
Jan 2007	0	7	50.30	6.73	$47
Dec 2006	0	5	56.65	6.92	$35
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	3	54.90	6.01	$18
Sep 2006	0	219	60.08	5.04	$1,103
Aug 2006	0	181	68.71	7.34	$1,329
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	96	66.28	6.38	$613
May 2006	0	170	66.01	6.42	$1,092
Apr 2006	0	889	64.39	7.36	$6,543
Mar 2006	0	1,243	56.70	7.08	$8,804
Feb 2006	0	1,115	57.59	7.75	$8,643
Jan 2006	0	1,188	60.59	8.93	$10,613
Dec 2005	0	1,457	54.94	13.42	$19,546
Nov 2005	159	1,842	54.69	10.59	$28,200
Oct 2005	0	937	58.34	13.80	$12,927
Sep 2005	0	1,075	61.45	12.08	$12,985
Aug 2005	0	1,390	61.51	9.80	$13,618
Jul 2005	0	1,377	55.69	7.84	$10,801
Jun 2005	0	1,428	52.33	7.38	$10,540
May 2005	0	1,353	45.22	6.65	$8,999
Apr 2005	0	1,611	49.20	7.36	$11,858
Mar 2005	0	1,392	50.37	7.15	$9,960
Feb 2005	0	1,448	45.22	6.31	$9,140
Jan 2005	0	298	43.16	6.32	$1,884
Dec 2004	0	62	39.86	6.75	$419
Nov 2004	0	37	45.28	6.33	$234
Oct 2004	0	103	49.70	6.52	$671
Sep 2004	0	516	43.24	5.28	$2,726
Aug 2004	0	506	42.37	5.55	$2,809
Jul 2004	0	472	38.28	6.08	$2,872
Jun 2004	0	1,445	36.10	6.43	$9,296
May 2004	0	1,608	37.48	6.49	$10,443
Apr 2004	165	1,962	34.47	5.86	$17,182
Mar 2004	0	1,809	34.36	5.53	$10,004
Feb 2004	0	1,594	32.45	5.51	$8,782
Jan 2004	0	702	32.03	6.30	$4,422
Dec 2003	0	262	30.26	6.30	$1,651
Nov 2003	0	344	28.80	4.60	$1,581
Oct 2003	0	1,341	28.17	4.76	$6,383
Sep 2003	0	901	26.31	4.75	$4,279
Aug 2003	0	1,561	29.76	5.13	$8,007
Jul 2003	0	1,361	29.41	5.17	$7,038
Jun 2003	0	1,521	28.56	5.98	$9,100
May 2003	0	1,759	26.59	5.97	$10,506
Apr 2003	0	1,878	26.67	5.41	$10,155
Mar 2003	178	1,938	31.14	6.10	$17,357
Feb 2003	0	2,031	33.48	7.93	$16,097
Jan 2003	0	1,976	30.31	5.58	$11,030
Dec 2002	0	2,030	26.91	4.85	$9,853
Nov 2002	0	2,204	24.66	4.14	$9,118
Oct 2002	0	2,707	26.46	4.23	$11,448
Sep 2002	138	2,795	27.44	3.64	$13,947
Aug 2002	0	3,338	25.96	3.16	$10,562
Jul 2002	0	4,344	24.58	3.06	$13,300
Jun 2002	0	5,314	23.73	3.34	$17,739
May 2002	0	2,162	24.66	3.58	$7,749

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 2013 — as filed, then multipliedworked

Condensate             0 bbl  × $ 97.42 =         $0
Gas                    9 Mcf  × $  3.78 =        $34

────────────────────────────────────────────────────
Month total                                      $34

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/189265 is the state's own key, not one this site invented.