SEALY SMITH FOUNDATION

Operated by OCCIDENTAL PERMIAN LTD. (P-5 617544) in the MONAHANS (WOLF.-ELLEN., CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 141330District 08Field 62415916CondensateGasSaveExport
Value, all time
$790 k
Jan 1993 – Jun 2002
Value, last 12 filed months
$0
at the published price for each month
Months reported
114
no gaps in the span
Streams
2
condensate, 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 8 leases and 45 wells, and the rule below applies to all of them.

Discovered
2001-01-09
as the register files it
Field class
Oil and gas
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 field rule took effect on 2002-11-13.

The Commission's schedule remark for this field reads: REMAIN STATEWIDE.

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
CondensateDisposition6,524 bbl$107,123
GasProduction711,617 Mcf$682,407
Total$789,529

431,494 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 31.6262, -102.8584. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.62624, -102.85838 · 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
8,365 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 8,365 ft.

Completions filed
Feb 1992
1 of 1 wells
Plug dates filed
Jun 2002
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

42-4750412584 U8,365 ftFeb 1992Jun 2002Yes

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 (114)

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

114 months

Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000141,20429.304.40$5,704
May 2000584,94327.263.68$19,770
Apr 2000724,78824.513.12$16,684
Mar 2000625,20228.422.86$16,638
Feb 2000634,67327.622.73$14,481
Jan 2000475,20525.272.48$14,099
Dec 1999585,43424.282.42$14,579
Nov 1999555,04523.192.43$13,555
Oct 1999605,61220.982.80$16,993
Sep 1999525,53221.752.62$15,618
Aug 1999276,99019.262.88$20,620
Jul 1999327,68117.892.37$18,795
Jun 1999325,49315.942.36$13,485
May 1999295,80815.792.32$13,938
Apr 1999306,22515.102.21$14,198
Mar 1999565,61512.471.84$11,021
Feb 1999245,9599.981.82$11,072
Jan 1999726,38110.381.90$12,871
Dec 1998576,5219.201.77$12,088
Nov 1998257,55710.892.19$16,790
Oct 19981497,87512.421.97$17,358
Sep 199816,01412.592.08$12,537
Aug 1998747,63211.301.91$15,393
Jul 19981848,10111.742.24$20,284
Jun 19981137,99811.242.24$19,164
May 19981078,48712.622.21$20,076
Apr 1998786,99613.042.51$18,544
Mar 1998171,94312.802.31$4,705
Feb 19981146,84813.952.30$17,335
Jan 19981097,99314.702.15$18,826
Dec 19971037,72216.322.41$20,299
Nov 19971098,25118.193.09$27,464
Oct 19971347,46119.253.15$26,080
Sep 19971367,89717.742.95$25,747
Aug 1997865,06117.862.55$14,466
Jul 1997376,49817.582.25$15,251
Jun 1997338,03517.242.26$18,706
May 1997527,89618.972.31$19,214
Apr 1997667,82517.882.08$17,478
Mar 1997659,31518.951.94$19,295
Feb 1997389,67020.492.21$22,110
Jan 19973612,73723.483.54$45,930
Dec 1996468,85223.32$1,073
Nov 1996719,96621.97$1,560
Oct 19967111,18423.31$1,655
Sep 19963811,07022.22$844
Aug 1996549,78220.26$1,094
Jul 1996678,64219.55$1,310
Jun 19965710,16818.73$1,068
May 19966210,00219.43$1,205
Apr 1996527,38021.51$1,119
Mar 1996439,17319.38$833
Feb 1996278,77516.98$458
Jan 1996289,30617.07$478
Dec 19953010,03217.19$516
Nov 1995789,89016.00$1,248
Oct 19951139,97615.43$1,744
Sep 199512110,08016.18$1,958
Aug 199520010,46115.92$3,184
Jul 199514610,34815.24$2,225
Jun 199518710,29116.41$3,069
May 199518410,70617.56$3,231
Apr 1995859,82617.73$1,507
Mar 1995839,82616.44$1,365
Feb 199528310,07516.58$4,692
Jan 199511110,05715.92$1,767
Dec 19946210,24315.03$932
Nov 19947810,34315.90$1,240
Oct 19946910,72815.58$1,075
Sep 19946711,87115.29$1,024
Aug 19948312,50816.13$1,339
Jul 19945111,51417.56$896
Jun 19945210,99417.09$889
May 19947010,99115.88$1,112
Apr 19946911,04914.14$976
Mar 19941948,65012.46$2,417
Feb 19942219,31012.50$2,763
Jan 19942589,84712.66$3,266
Dec 19932049,39612.33$2,515
Nov 1993432,63514.49$623
Oct 199305,70015.85$0
Sep 199305,70015.03$0
Aug 199304,79815.66$0
Jul 199305,79515.46$0
Jun 199305,63916.79$0
May 199305,82717.68$0
Apr 199305,36318.05$0
Mar 199305,66918.14$0
Feb 199305,21417.90$0
Jan 199305,84216.93$0

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.

Jun 2000 — as filed, then multipliedworked
Condensate            14 bbl  × $ 29.30 =       $410
Gas                1,204 Mcf  × $  4.40 =     $5,294

────────────────────────────────────────────────────
Month total                                   $5,704

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. 08/G/141330 is the state's own key, not one this site invented.