SEALY-SMITH FOUNDATION -A-

Name: SEALY-SMITH FOUNDATION -A- lease production and value, Feb 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by APACHE CORPORATION (P-5 27200) in the MONAHANS, NORTH (CLEARFORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 172242District 08Field 62417110CondensateGasSave Export

Value, all time

$422 k

Feb 1999 – Jan 2005

Value, last 12 filed months

$18 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The MONAHANS, NORTH (CLEARFORK) 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 54 leases and 277 wells, and the rule below applies to all of them.

Discovered

1987-09-25

as the register files it

Field class

Oil and gas

the register's own label

Between wells

330 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2018-04-24.

The Commission's schedule remark for this field reads: “REMAIN IN EFFECT.”

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	1,419 bbl	$39,166
Gas	Production	107,352 Mcf	$382,722
Total			$421,887

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 31.7197, -102.9356. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.71968, -102.93559 · 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

12,569 ft

1 wells filed one

Completion to plug

17.8 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 12,569 ft.

Completions filed

Aug 2004

1 of 1 wells

Plug dates filed

May 2022

1 of 1 wells

Last completion to plug: a median of 17.8 years across the 1 well that filed both dates, with the middle half between 17.8 years and 17.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49503387	35	12,569 ft	Aug 2004	May 2022	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 (72)

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

72 months


Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	1	0	43.24	5.28	$43
Aug 2004	46	338	42.37	5.55	$3,825
Jul 2004	29	374	38.28	6.08	$3,386
Jun 2004	27	380	36.10	6.43	$3,419
May 2004	28	249	37.48	6.49	$2,667
Apr 2004	27	168	34.47	5.86	$1,915
Mar 2004	29	136	34.36	5.53	$1,749
Feb 2004	28	70	32.45	5.51	$1,294
Jan 2004	29	65	32.03	6.30	$1,338
Dec 2003	30	73	30.26	6.30	$1,368
Nov 2003	23	272	28.80	4.60	$1,912
Oct 2003	47	749	28.17	4.76	$4,889
Sep 2003	55	711	26.31	4.75	$4,824
Aug 2003	58	752	29.76	5.13	$5,584
Jul 2003	56	752	29.41	5.17	$5,535
Jun 2003	54	800	28.56	5.98	$6,329
May 2003	54	1,002	26.59	5.97	$7,420
Apr 2003	39	1,043	26.67	5.41	$6,680
Mar 2003	4	243	31.14	6.10	$1,606
Feb 2003	17	806	33.48	7.93	$6,957
Jan 2003	42	1,326	30.31	5.58	$8,675
Dec 2002	30	1,239	26.91	4.85	$6,821
Nov 2002	29	1,085	24.66	4.14	$5,204
Oct 2002	30	1,168	26.46	4.23	$5,733
Sep 2002	19	1,693	27.44	3.64	$6,676
Aug 2002	25	2,803	25.96	3.16	$9,518
Jul 2002	27	2,206	24.58	3.06	$7,418
Jun 2002	31	2,219	23.73	3.34	$8,143
May 2002	47	2,215	24.66	3.58	$9,098
Apr 2002	66	2,153	23.65	3.51	$9,123
Mar 2002	58	2,232	22.00	3.10	$8,201
Feb 2002	28	2,525	18.22	2.38	$6,509
Jan 2002	30	2,970	17.17	2.38	$7,571
Dec 2001	32	2,907	16.93	2.36	$7,415
Nov 2001	31	2,910	18.07	2.41	$7,560
Oct 2001	0	1,260	19.78	2.53	$3,186
Sep 2001	0	1,234	24.26	2.25	$2,778
Aug 2001	0	1,344	24.87	3.05	$4,103
Jul 2001	0	1,376	23.93	3.20	$4,399
Jun 2001	0	1,427	24.56	3.82	$5,457
May 2001	0	1,454	25.52	4.31	$6,263
Apr 2001	0	1,467	24.68	5.34	$7,827
Mar 2001	0	1,459	24.54	5.38	$7,844
Feb 2001	0	1,282	27.75	5.77	$7,393
Jan 2001	0	1,306	27.47	8.40	$10,969
Dec 2000	0	1,346	26.88	9.12	$12,279
Nov 2000	0	1,376	32.21	5.66	$7,785
Oct 2000	0	1,477	31.23	5.15	$7,600
Sep 2000	0	1,397	31.87	5.19	$7,246
Aug 2000	0	1,539	29.64	4.54	$6,988
Jul 2000	0	1,892	28.53	4.09	$7,738
Jun 2000	24	2,678	29.30	4.40	$12,479
May 2000	29	3,271	27.26	3.68	$12,827
Apr 2000	26	3,019	24.51	3.12	$10,044
Mar 2000	25	3,222	28.42	2.86	$9,925
Feb 2000	24	3,067	27.62	2.73	$9,025
Jan 2000	28	3,235	25.27	2.48	$8,732
Dec 1999	30	3,124	24.28	2.42	$8,300
Nov 1999	27	3,051	23.19	2.43	$8,052
Oct 1999	0	2,044	20.98	2.80	$5,731
Sep 1999	0	2,066	21.75	2.62	$5,411
Aug 1999	0	2,253	19.26	2.88	$6,479
Jul 1999	0	2,457	17.89	2.37	$5,829
Jun 1999	0	2,603	15.94	2.36	$6,149
May 1999	0	2,563	15.79	2.32	$5,949
Apr 1999	0	2,000	15.10	2.21	$4,416
Mar 1999	0	2,254	12.47	1.84	$4,144
Feb 1999	0	1,175	9.98	1.82	$2,136

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.

Sep 2004 — as filed, then multipliedworked

Condensate             1 bbl  × $ 43.24 =        $43
Gas                    0 Mcf  × $  5.28 =         $0

────────────────────────────────────────────────────
Month total                                      $43

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/172242 is the state's own key, not one this site invented.