SEALY SMITH FOUNDATION

Name: SEALY SMITH FOUNDATION lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Oil lease lease 25309District 08Field 62416666Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$96 k

Jan 1993 – Oct 2006

Value, last 12 filed months

at the published price for each month

Months reported

166

no gaps in the span

Streams

oil, casinghead gas

The MONAHANS, E. (PENN., LO.) 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 19 leases and 28 wells, and the rule below applies to all of them.

Discovered

1895-12-04

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,700 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1995-03-01.

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.

The Commission's schedule remark for this field reads: “FIELD CHANGED FROM ONE WELL TO PRORATED 04/29/17”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	3,645 bbl	$62,130
Casinghead gas	Production	49,360 Mcf	$33,639
Total			$95,770

35,217 Mcf of this lease's gas, across 34 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 31.7004, -102.8930. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.70035, -102.89302 · 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

9,715 ft

1 wells filed one

Completion to plug

27.6 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 9,715 ft.

Completions filed

Feb 1979

1 of 1 wells

Plug dates filed

Sep 2006

1 of 1 wells

Last completion to plug: a median of 27.6 years across the 1 well that filed both dates, with the middle half between 27.6 years and 27.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49530994	161	9,715 ft	Feb 1979	Sep 2006	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 (166)

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

166 months


Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
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	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	5	51	15.10	2.21	$188
Mar 1999	18	273	12.47	1.84	$726
Feb 1999	21	283	9.98	1.82	$724
Jan 1999	1	320	10.38	1.90	$618
Dec 1998	7	310	9.20	1.77	$614
Nov 1998	64	232	10.89	2.19	$1,204
Oct 1998	187	524	12.42	1.97	$3,354
Sep 1998	69	269	12.59	2.08	$1,429
Aug 1998	65	250	11.30	1.91	$1,211
Jul 1998	37	241	11.74	2.24	$974
Jun 1998	44	250	11.24	2.24	$1,054
May 1998	35	289	12.62	2.21	$1,079
Apr 1998	66	168	13.04	2.51	$1,282
Mar 1998	62	30	12.80	2.31	$863
Feb 1998	78	567	13.95	2.30	$2,392
Jan 1998	37	840	14.70	2.15	$2,354
Dec 1997	32	773	16.32	2.41	$2,386
Nov 1997	38	595	18.19	3.09	$2,529
Oct 1997	55	657	19.25	3.15	$3,128
Sep 1997	0	838	17.74	2.95	$2,476
Aug 1997	37	784	17.86	2.55	$2,664
Jul 1997	54	843	17.58	2.25	$2,843
Jun 1997	0	942	17.24	2.26	$2,126
May 1997	52	921	18.97	2.31	$3,113
Apr 1997	57	864	17.88	2.08	$2,819
Mar 1997	32	693	18.95	1.94	$1,950
Feb 1997	26	624	20.49	2.21	$1,909
Jan 1997	52	712	23.48	3.54	$3,741
Dec 1996	97	1,370	23.32	—	$2,262
Nov 1996	142	1,832	21.97	—	$3,120
Oct 1996	102	2,094	23.31	—	$2,378
Sep 1996	95	1,919	22.22	—	$2,111
Aug 1996	96	1,744	20.26	—	$1,945
Jul 1996	90	1,492	19.55	—	$1,760
Jun 1996	75	2,096	18.73	—	$1,405
May 1996	90	2,420	19.43	—	$1,749
Apr 1996	91	2,198	21.51	—	$1,957
Mar 1996	83	2,029	19.38	—	$1,609
Feb 1996	80	2,042	16.98	—	$1,358
Jan 1996	277	1,999	17.07	—	$4,728
Dec 1995	262	2,352	17.19	—	$4,504
Nov 1995	90	1,351	16.00	—	$1,440
Oct 1995	52	1,864	15.43	—	$802
Sep 1995	4	0	16.18	—	$65
Aug 1995	66	712	15.92	—	$1,051
Jul 1995	60	424	15.24	—	$914
Jun 1995	29	531	16.41	—	$476
May 1995	0	551	17.56	—	$0
Apr 1995	7	707	17.73	—	$124
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	13	24	15.92	—	$207
Dec 1994	33	126	15.03	—	$496
Nov 1994	31	252	15.90	—	$493
Oct 1994	24	278	15.58	—	$374
Sep 1994	38	225	15.29	—	$581
Aug 1994	53	283	16.13	—	$855
Jul 1994	38	173	17.56	—	$667
Jun 1994	51	296	17.09	—	$872
May 1994	52	310	15.88	—	$826
Apr 1994	55	392	14.14	—	$778
Mar 1994	37	383	12.46	—	$461
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	0	15.03	—	$0
Aug 1993	3	0	15.66	—	$47
Jul 1993	31	245	15.46	—	$479
Jun 1993	57	487	16.79	—	$957
May 1993	0	0	17.68	—	$0
Apr 1993	0	0	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	10	16	16.93	—	$169

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.

Apr 1999 — as filed, then multipliedworked

Oil                    5 bbl  × $ 15.10 =        $76
Casinghead gas        51 Mcf  × $  2.21 =       $113

────────────────────────────────────────────────────
Month total                                     $188

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/25309 is the state's own key, not one this site invented.