SEALY & SMITH "13"

Operated by BYRD OPERATING COMPANY (P-5 118748) 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 24642District 08Field 03520500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$366 k
Jan 1993 – Jan 2003
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
121
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
OilDisposition6,084 bbl$104,509
Casinghead gasProduction252,818 Mcf$261,131
Total$365,640

152,988 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 31.7132, -102.8731. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.71320, -102.87310 · 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
8,975 ft
1 wells filed one
Completion to plug
11 months
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 8,975 ft.

Completions filed
Dec 2001
1 of 1 wells
Plug dates filed
Nov 2002
1 of 1 wells

Last completion to plug: a median of 11 months across the 1 well that filed both dates, with the middle half between 11 months and 11 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4953086418,975 ftDec 2001Nov 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 (121)

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

121 months

Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 2002283024.664.14$815
Oct 200203026.464.23$127
Sep 200203027.443.64$109
Aug 20021243025.963.16$3,314
Jul 200203024.583.06$92
Jun 200203023.733.34$100
May 200203024.663.58$108
Apr 200205523.653.51$193
Mar 200205022.003.10$155
Feb 200207618.222.38$181
Jan 200205517.172.38$131
Dec 2001020216.932.36$478
Nov 2001017418.072.41$419
Oct 200101,02819.782.53$2,600
Sep 2001099324.262.25$2,236
Aug 2001098524.873.05$3,007
Jul 200101,08123.933.20$3,456
Jun 200101,07824.563.82$4,122
May 200101,05625.524.31$4,549
Apr 2001090424.685.34$4,823
Mar 2001093524.545.38$5,027
Feb 2001076227.755.77$4,395
Jan 20018683027.478.40$9,333
Dec 2000035826.889.12$3,266
Nov 2000039432.215.66$2,229
Oct 2000023531.235.15$1,209
Sep 2000029431.875.19$1,525
Aug 2000036029.644.54$1,635
Jul 2000033328.534.09$1,362
Jun 2000012929.304.40$567
May 2000013327.263.68$489
Apr 200008524.513.12$265
Mar 200004728.422.86$134
Feb 2000010727.622.73$292
Jan 2000348725.272.48$1,075
Dec 199901,27224.282.42$3,083
Nov 19991812,22523.192.43$9,613
Oct 199902,26320.982.80$6,345
Sep 199901,80821.752.62$4,735
Aug 19991792,38619.262.88$10,309
Jul 199902,32117.892.37$5,506
Jun 199902,34715.942.36$5,544
May 19991782,53215.792.32$8,687
Apr 199902,19615.102.21$4,849
Mar 199902,28612.471.84$4,202
Feb 199902,1239.981.82$3,859
Jan 19991652,43710.381.90$6,343
Dec 199802,4789.201.77$4,394
Nov 1998142,30010.892.19$5,180
Oct 19981812,64212.421.97$7,451
Sep 199802,50812.592.08$5,223
Aug 199802,65111.301.91$5,056
Jul 19981702,48611.742.24$7,558
Jun 199802,51911.242.24$5,636
May 199802,60712.622.21$5,752
Apr 199802,21613.042.51$5,552
Mar 199818553312.802.31$3,599
Feb 199802,39213.952.30$5,500
Jan 199802,49414.702.15$5,374
Dec 19971862,75516.322.41$9,678
Nov 199702,58418.193.09$7,980
Oct 199702,68519.253.15$8,457
Sep 19971772,57917.742.95$10,761
Aug 199702,65617.862.55$6,785
Jul 199702,61117.582.25$5,867
Jun 19971782,71417.242.26$9,195
May 199702,86418.972.31$6,612
Apr 19971752,80317.882.08$8,967
Mar 199702,96018.951.94$5,740
Feb 199702,49120.492.21$5,495
Jan 19971963,07023.483.54$15,469
Dec 199602,89423.32$0
Nov 199602,88721.97$0
Oct 19961773,08223.31$4,126
Sep 199602,97322.22$0
Aug 199603,17720.26$0
Jul 19961852,55119.55$3,617
Jun 199602,61718.73$0
May 19961753,12419.43$3,400
Apr 199602,64721.51$0
Mar 19961862,93419.38$3,605
Feb 199602,71616.98$0
Jan 199602,87517.07$0
Dec 19951812,56717.19$3,111
Nov 199502,92716.00$0
Oct 19951853,14315.43$2,855
Sep 199503,17016.18$0
Aug 199503,07415.92$0
Jul 19951783,34715.24$2,713
Jun 199502,87516.41$0
May 199503,20017.56$0
Apr 19951763,11017.73$3,120
Mar 19951613,20016.44$2,647
Feb 199502,75616.58$0
Jan 19951853,01615.92$2,945
Dec 199402,91715.03$0
Nov 199402,96515.90$0
Oct 19941763,17215.58$2,742
Sep 199403,18815.29$0
Aug 199403,27516.13$0
Jul 19941833,56917.56$3,213
Jun 199403,18217.09$0
May 19941773,62715.88$2,811
Apr 199403,35914.14$0
Mar 199403,27312.46$0
Feb 19941783,04412.50$2,225
Jan 1994753,78412.66$950
Dec 199303,59912.33$0
Nov 19931753,05814.49$2,536
Oct 199303,24215.85$0
Sep 19931773,50515.03$2,660
Aug 19931803,69615.66$2,819
Jul 199303,75515.46$0
Jun 19931783,54216.79$2,989
May 19931783,89317.68$3,147
Apr 199303,48718.05$0
Mar 199303,78418.14$0
Feb 19931813,47617.90$3,240
Jan 199303,73416.93$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.

Nov 2002 — as filed, then multipliedworked
Oil                   28 bbl  × $ 24.66 =       $690
Casinghead gas        30 Mcf  × $  4.14 =       $124

────────────────────────────────────────────────────
Month total                                     $815

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/24642 is the state's own key, not one this site invented.