SEALY & SMITH "7-B"

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) 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 24892District 08Field 03520500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – Aug 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
356
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
OilDisposition31,573 bbl$547,803
Casinghead gasProduction834,635 Mcf$564,591
Total$1,112,394

671,050 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 31.7021, -102.8509. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.70211, -102.85092 · 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
9,000 ft
1 wells filed one
Completion to plug
44.3 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 9,000 ft.

Completions filed
Jan 1978
1 of 1 wells
Plug dates filed
May 2022
1 of 1 wells

Last completion to plug: a median of 44.3 years across the 1 well that filed both dates, with the middle half between 44.3 years and 44.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4953088119,000 ftJan 1978May 2022Yes

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 (356)

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

356 months

Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201047072.633.98$3,414
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 200603868.717.34$279
Jul 200604469.376.34$279
Jun 2006011266.286.38$715
May 200605566.016.42$353
Apr 200606364.397.36$464
Mar 20060956.707.08$64
Feb 20060157.597.75$8
Jan 20060860.598.93$71
Dec 200504154.9413.42$550
Nov 200501454.6910.59$148
Oct 200503558.3413.80$483
Sep 200508461.4512.08$1,015
Aug 2005044861.519.80$4,389
Jul 2005022355.697.84$1,749
Jun 2005188352.337.38$9,860
May 2005056545.226.65$3,758
Apr 2005092649.207.36$6,816
Mar 2005088350.377.15$6,318
Feb 2005048645.226.31$3,068
Jan 2005060643.166.32$3,831
Dec 2004069539.866.75$4,692
Nov 2004080545.286.33$5,096
Oct 2004071549.706.52$4,658
Sep 2004081943.245.28$4,328
Aug 2004083842.375.55$4,651
Jul 2004096038.286.08$5,841
Jun 20041691,01136.106.43$12,605
May 200401,09137.486.49$7,086
Apr 200401,01934.475.86$5,970
Mar 200401,07534.365.53$5,945
Feb 2004091232.455.51$5,025
Jan 2004092832.036.30$5,846
Dec 200301,00730.266.30$6,346
Nov 2003099128.804.60$4,554
Oct 200301,13328.174.76$5,393
Sep 20031531,08226.314.75$9,164
Aug 2003081229.765.13$4,165
Jul 2003070829.415.17$3,661
Jun 200301,09428.565.98$6,545
May 200301,16926.595.97$6,982
Apr 200301,06426.675.41$5,753
Mar 200301,04631.146.10$6,376
Feb 2003087533.487.93$6,935
Jan 200301,14930.315.58$6,414
Dec 20021691,19126.914.85$10,329
Nov 2002094524.664.14$3,909
Oct 2002078026.464.23$3,299
Sep 200201,41627.443.64$5,147
Aug 2002077125.963.16$2,440
Jul 200201,23324.583.06$3,775
Jun 200201,09923.733.34$3,669
May 200201,45424.663.58$5,211
Apr 200201,59023.653.51$5,585
Mar 200201,54222.003.10$4,784
Feb 200201,36218.222.38$3,236
Jan 200201,73517.172.38$4,122
Dec 20011731,65016.932.36$6,830
Nov 200101,57518.072.41$3,789
Oct 200101,81919.782.53$4,600
Sep 200101,60324.262.25$3,609
Aug 200101,95124.873.05$5,957
Jul 200102,13123.933.20$6,813
Jun 200101,03724.563.82$3,966
May 20011729725.524.31$4,807
Apr 2001060524.685.34$3,228
Mar 2001047224.545.38$2,538
Feb 200101,65327.755.77$9,533
Jan 2001083927.478.40$7,047
Dec 200001,12526.889.12$10,263
Nov 200001,72632.215.66$9,766
Oct 200001,66431.235.15$8,562
Sep 20001691,79131.875.19$14,675
Aug 200001,16729.644.54$5,299
Jul 200001,34528.534.09$5,501
Jun 200001,44629.304.40$6,358
May 20001721,17727.263.68$9,020
Apr 200001,84824.513.12$5,758
Mar 200001,91428.422.86$5,474
Feb 20001791,88127.622.73$10,073
Jan 200001,72525.272.48$4,279
Dec 199901,35624.282.42$3,287
Nov 199901,85423.192.43$4,513
Oct 19991392,39920.982.80$9,642
Sep 199902,31821.752.62$6,070
Aug 199901,58519.262.88$4,558
Jul 199901,26817.892.37$3,008
Jun 1999601,71915.942.36$5,017
May 199902,02515.792.32$4,700
Apr 199902,14915.102.21$4,745
Mar 199901,52312.471.84$2,800
Feb 199909409.981.82$1,709
Jan 199901,74910.381.90$3,323
Dec 19981661,2259.201.77$3,700
Nov 199802,39710.892.19$5,239
Oct 199803,70212.421.97$7,290
Sep 199801,81112.592.08$3,772
Aug 199801,76811.301.91$3,372
Jul 1998012911.742.24$289
Jun 199802,85311.242.24$6,383
May 199873,05012.622.21$6,818
Apr 199802,62213.042.51$6,569
Mar 199802,69212.802.31$6,217
Feb 199802,81713.952.30$6,477
Jan 199801,59014.702.15$3,426
Dec 19971862,83116.322.41$9,861
Nov 199704,11318.193.09$12,702
Oct 199704,75119.253.15$14,965
Sep 199703,62417.742.95$10,708
Aug 199703,29017.862.55$8,405
Jul 19971772,59317.582.25$8,938
Jun 199702,64317.242.26$5,966
May 199703,89618.972.31$8,994
Apr 199703,24717.882.08$6,763
Mar 19971572,84218.951.94$8,486
Feb 199701,95520.492.21$4,313
Jan 199703,25823.483.54$11,532
Dec 199602,06123.32$0
Nov 19963503,89721.97$7,690
Oct 199604,34323.31$0
Sep 19961804,13422.22$4,000
Aug 19961853,64020.26$3,748
Jul 199604,62019.55$0
Jun 19961875,08318.73$3,503
May 199605,57219.43$0
Apr 19961824,51821.51$3,915
Mar 19961835,12919.38$3,547
Feb 19961777,21116.98$3,005
Jan 19961939,64017.07$3,295
Dec 19953699,61217.19$6,343
Nov 199508,81616.00$0
Oct 19951785,07815.43$2,747
Sep 19951836,58516.18$2,961
Aug 199509,43715.92$0
Jul 199519,37715.24$15
Jun 199518010,13716.41$2,954
May 19951777,70717.56$3,108
Apr 199504,09217.73$0
Mar 19955347,73316.44$8,779
Feb 199553812,44316.58$8,920
Jan 19953519,86815.92$5,588
Dec 19941803,99715.03$2,705
Nov 199453712,19215.90$8,538
Oct 19941,06225,25415.58$16,546
Sep 199489017,59715.29$13,608
Aug 19941,07024,71916.13$17,259
Jul 199488924,19717.56$15,611
Jun 19941,24024,53217.09$21,192
May 199489617,88515.88$14,228
Apr 199401,18514.14$0
Mar 199401,30512.46$0
Feb 19941801,42412.50$2,250
Jan 19945397,48012.66$6,824
Dec 199354011,06712.33$6,658
Nov 19935389,97414.49$7,796
Oct 199353913,80515.85$8,543
Sep 19931,07514,75515.03$16,157
Aug 19931,97051,59315.66$30,850
Jul 19932,52057,70115.46$38,959
Jun 19932,33959,43816.79$39,272
May 19932,89061,23917.68$51,095
Apr 19933,61022,05818.05$65,161
Mar 199371616,63818.14$12,988
Feb 199336014,18617.90$6,444
Jan 199336216,09616.93$6,129

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 2010 — as filed, then multipliedworked
Oil                   47 bbl  × $ 72.63 =     $3,414
Casinghead gas         0 Mcf  × $  3.98 =         $0

────────────────────────────────────────────────────
Month total                                   $3,414

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/24892 is the state's own key, not one this site invented.