SEALY & SMITH "7A"

Operated by SAGE ENERGY COMPANY (P-5 743215) in the ARENOSO (STRAWN DETRITUS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24535District 08Field 03520500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$3.8 M
Jan 1993 – Apr 2004
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
136
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 51 leases and 126 wells, and the rule below applies to all of them.

Discovered
1965-01-23
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 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.

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
OilDisposition188,636 bbl$3,735,989
Casinghead gasProduction37,888 Mcf$18,281
Total$3,754,270

30,885 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 31.7019, -102.8469. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.70186, -102.84688 · 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
9,010 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

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 9,010 ft.

Completions filed
Nov 2004
1 of 1 wells
Plug dates filed
Feb 2004
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4953049719,010 ftNov 2004Feb 2004Yes

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 (136)

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

136 months

Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 200316028.174.76$451
Sep 20030026.314.75$0
Aug 2003200129.765.13$5,957
Jul 20031452229.415.17$4,378
Jun 20030228.565.98$12
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 2003154133.487.93$5,164
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020524.664.14$21
Oct 20021643126.464.23$4,471
Sep 20029073027.443.64$24,997
Aug 20021,2733125.963.16$33,145
Jul 20028852524.583.06$21,830
Jun 20021,6173023.733.34$38,472
May 20021,6213124.663.58$40,085
Apr 20025292823.653.51$12,609
Mar 20021,5113122.003.10$33,338
Feb 20021,8922818.222.38$34,539
Jan 20021,8413117.172.38$31,684
Dec 20011,6703116.932.36$28,346
Nov 20011,6383018.072.41$29,671
Oct 20011,8263119.782.53$36,197
Sep 20011,4752724.262.25$35,844
Aug 20011,8642824.873.05$46,443
Jul 20011,4173123.933.20$34,008
Jun 20011,2123024.563.82$29,881
May 20012,0542825.524.31$52,539
Apr 20012,5373024.685.34$62,773
Mar 20011,8183124.545.38$44,780
Feb 20017242827.755.77$20,252
Jan 20011,2572327.478.40$34,723
Dec 20009131226.889.12$24,651
Nov 20002,5763032.215.66$83,143
Oct 20002,8943131.235.15$90,539
Sep 20002,5482731.875.19$81,345
Aug 20002,8463129.644.54$84,496
Jul 20008891528.534.09$25,425
Jun 20001,4423029.304.40$42,383
May 20002,9323127.263.68$80,040
Apr 20002,8123024.513.12$69,016
Mar 20003,0193128.422.86$85,889
Feb 20007102427.622.73$19,676
Jan 20001,2702725.272.48$32,160
Dec 19991,4963124.282.42$36,398
Nov 19991,1172623.192.43$25,967
Oct 19992,0613120.982.80$43,327
Sep 19991,6323021.752.62$35,575
Aug 19991,9473319.262.88$37,594
Jul 19991,9444817.892.37$34,892
Jun 19991,2426415.942.36$19,949
May 19991,7966315.792.32$28,505
Apr 19991,6207215.102.21$24,621
Mar 19991,4385212.471.84$18,027
Feb 19991,036539.981.82$10,436
Jan 199917714410.381.90$2,111
Dec 199801209.201.77$213
Nov 199806110.892.19$133
Oct 199817015912.421.97$2,425
Sep 1998020312.592.08$423
Aug 199818116511.301.91$2,360
Jul 1998012211.742.24$273
Jun 19981574211.242.24$1,859
May 19983596212.622.21$4,667
Apr 19981,08726513.042.51$14,838
Mar 19981,2607712.802.31$16,306
Feb 19981,26524813.952.30$18,217
Jan 19981,80328714.702.15$27,123
Dec 19971,45933416.322.41$24,616
Nov 19971,08731118.193.09$20,733
Oct 19971,99427419.253.15$39,248
Sep 19971,25420917.742.95$22,864
Aug 19971,44621517.862.55$26,375
Jul 19971,24427717.582.25$22,492
Jun 19971,61431517.242.26$28,536
May 19971,26239018.972.31$24,840
Apr 199789422917.882.08$16,462
Mar 19972,15832718.951.94$41,528
Feb 19971,97833320.492.21$41,264
Jan 19972,19533723.483.54$52,731
Dec 19961,99133823.32$46,430
Nov 19962,37160421.97$52,091
Oct 19962,17982223.31$50,792
Sep 19961,97177322.22$43,796
Aug 19961,97066920.26$39,912
Jul 19962,14655019.55$41,954
Jun 19961,97960018.73$37,067
May 19961,43255419.43$27,824
Apr 19961,61551721.51$34,739
Mar 19962,17446419.38$42,132
Feb 19961,46644316.98$24,893
Jan 19962,00159017.07$34,157
Dec 19952,04264917.19$35,102
Nov 19952,08154116.00$33,296
Oct 19951,85460915.43$28,607
Sep 19952,03571816.18$32,926
Aug 19951,94874415.92$31,012
Jul 19952,34385715.24$35,707
Jun 19951,44270516.41$23,663
May 19951,77868817.56$31,222
Apr 19951,59651817.73$28,297
Mar 19951,60557116.44$26,386
Feb 19951,42453316.58$23,610
Jan 19951,79356215.92$28,545
Dec 19941,76548115.03$26,528
Nov 19941,60552615.90$25,520
Oct 19941,77173215.58$27,592
Sep 19941,77868915.29$27,186
Aug 19941,58674516.13$25,582
Jul 19941,95271217.56$34,277
Jun 19941,62869517.09$27,823
May 19941,77662015.88$28,203
Apr 19941,77258714.14$25,056
Mar 19941,78652912.46$22,254
Feb 19941,78346712.50$22,288
Jan 19941,43247012.66$18,129
Dec 19932,15052512.33$26,510
Nov 19931,96137414.49$28,415
Oct 19932,14069815.85$33,919
Sep 19931,78865215.03$26,874
Aug 19932,04998615.66$32,087
Jul 19931,78395615.46$27,565
Jun 19931,41569616.79$23,758
May 19931,9581,01017.68$34,617
Apr 19931,78691418.05$32,237
Mar 19932,13967118.14$38,801
Feb 19931,79465917.90$32,113
Jan 19932,33287216.93$39,481

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 2003 — as filed, then multipliedworked
Oil                   16 bbl  × $ 28.17 =       $451
Casinghead gas         0 Mcf  × $  4.76 =         $0

────────────────────────────────────────────────────
Month total                                     $451

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/O/24535 is the state's own key, not one this site invented.