SEALY-SMITH FOUNDATION -M-

Operated by BLACKBEARD OPERATING, LLC (P-5 73056) in the PALADIN (PENN.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25882District 08Field 68495666OilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 1993 – Aug 2024
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
380
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 9 leases and 10 wells, and the rule below applies to all of them.

Discovered
1965-11-22
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition25,110 bbl$1,168,979
Casinghead gasProduction21 Mcf$0
Total$1,168,979

21 Mcf of this lease's gas, across 21 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 31.7272, -102.8918. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72721, -102.89183 · 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
9,400 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 9,400 ft.

Completions filed
Feb 1980
1 of 1 wells
Plug dates filed
Jun 2024
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

42-4953111519,400 ftFeb 1980Jun 2024Yes

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 (380)

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

380 months

Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024190084.451.66$16,046
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023186071.262.61$13,254
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202392089.042.74$8,192
Aug 20230080.522.67$0
Jul 2023171074.852.64$12,799
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023179078.122.24$13,983
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022122085.005.65$10,370
Oct 20220087.185.86$0
Sep 2022174084.888.16$14,769
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20221770115.097.98$20,371
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20221810108.885.08$19,707
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 2021166071.323.90$11,839
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021177069.865.35$12,365
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021176069.493.38$12,230
May 20210063.483.02$0
Apr 2021177060.362.76$10,684
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021176050.412.81$8,872
Dec 2020178044.642.68$7,946
Nov 2020170038.772.71$6,591
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 2019174055.302.75$9,622
Oct 20190053.472.42$0
Sep 2019188055.052.66$10,349
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019175062.632.75$10,960
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019178046.033.23$8,193
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018178061.443.40$10,936
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018175065.142.93$11,400
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018184063.842.90$11,747
Mar 20180061.222.79$0
Feb 2018178061.782.77$10,997
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 2017179049.292.98$8,823
Sep 20170047.523.09$0
Aug 2017179045.373.00$8,121
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 2017181045.373.26$8,212
Apr 2017176047.933.21$8,436
Mar 20170046.772.98$0
Feb 2017185050.452.95$9,333
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016179046.193.09$8,268
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016176041.622.92$7,325
Jun 2016186045.352.69$8,435
May 2016177042.521.99$7,526
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 2015175043.552.43$7,621
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 2014178089.394.04$15,911
Jul 20140096.564.18$0
Jun 2014172098.164.74$16,884
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014171097.406.19$16,655
Jan 20140090.404.86$0
Dec 2013171091.824.35$15,701
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20131860102.523.72$19,069
Jun 20130094.403.93$0
May 2013174094.834.15$16,500
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013190091.603.42$17,404
Dec 20120086.773.42$0
Nov 2012177086.953.62$15,390
Oct 20120089.383.40$0
Sep 2012178094.672.92$16,851
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20121870101.652.00$19,009
Mar 201200105.052.22$0
Feb 20121750101.102.57$17,693
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011186095.723.31$17,804
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011174092.904.64$16,165
May 20110098.134.40$0
Apr 20111730105.964.33$18,331
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010175080.843.80$14,147
Oct 2010172078.103.51$13,433
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010173072.554.74$12,551
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010176081.694.12$14,377
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010178074.365.96$13,236
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009176072.544.11$12,767
Sep 20090065.543.06$0
Aug 2009176067.423.22$11,866
Jul 2009177061.133.46$10,820
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 2009189042.144.06$7,964
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 20081750131.0811.39$22,939
Jun 200800131.3313.03$0
May 20081760123.1711.57$21,678
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008137092.538.77$12,677
Jan 20080090.388.21$0
Dec 2007168088.337.30$14,839
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007161075.846.24$12,210
Aug 20070069.066.39$0
Jul 2007163070.906.39$11,557
Jun 20070062.007.55$0
May 2007167058.747.85$9,810
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007176055.108.22$9,698
Jan 2007175050.306.73$8,803
Dec 20060056.656.92$0
Nov 2006170054.207.62$9,214
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006168066.286.38$11,135
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006177056.707.08$10,036
Feb 20060057.597.75$0
Jan 2006164060.598.93$9,937
Dec 2005172054.9413.42$9,450
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005176061.519.80$10,826
Jul 20050055.697.84$0
Jun 2005172052.337.38$9,001
May 2005175045.226.65$7,914
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 2004175045.286.33$7,924
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 2004164038.286.08$6,278
Jun 20040036.106.43$0
May 2004175037.486.49$6,559
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 2004178032.455.51$5,776
Jan 20040032.036.30$0
Dec 2003176030.266.30$5,326
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 2003188026.314.75$4,946
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 2003174028.565.98$4,969
May 20030026.595.97$0
Apr 2003181026.675.41$4,827
Mar 20030031.146.10$0
Feb 2003181033.487.93$6,060
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 2002185024.664.14$4,562
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 2002174025.963.16$4,517
Jul 20020024.583.06$0
Jun 2002174023.733.34$4,129
May 20020024.663.58$0
Apr 2002178023.653.51$4,210
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 2002177017.172.38$3,039
Dec 2001179016.932.36$3,030
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 2001174024.262.25$4,221
Aug 20010024.873.05$0
Jul 2001180023.933.20$4,307
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 2001178024.685.34$4,393
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 2001177027.478.40$4,862
Dec 20000026.889.12$0
Nov 2000184032.215.66$5,927
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000178029.644.54$5,276
Jul 20000028.534.09$0
Jun 2000178029.304.40$5,215
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 2000179028.422.86$5,087
Feb 20000027.622.73$0
Jan 2000184025.272.48$4,650
Dec 19990024.282.42$0
Nov 1999185023.192.43$4,290
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 1999186019.262.88$3,582
Jul 19990017.892.37$0
Jun 1999180015.942.36$2,869
May 19990015.792.32$0
Apr 1999189015.102.21$2,854
Mar 19990012.471.84$0
Feb 199916909.981.82$1,687
Jan 1999178010.381.90$1,848
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 1998182012.421.97$2,260
Sep 19980012.592.08$0
Aug 1998178011.301.91$2,011
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 1998189012.622.21$2,385
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 1998179013.952.30$2,497
Jan 19980014.702.15$0
Dec 1997178016.322.41$2,905
Nov 19970018.193.09$0
Oct 1997182019.253.15$3,504
Sep 19970017.742.95$0
Aug 1997187017.862.55$3,340
Jul 1997179017.582.25$3,147
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 1997151017.882.08$2,700
Mar 1997158018.951.94$2,994
Feb 19970020.492.21$0
Jan 1997183023.483.54$4,297
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 1996177022.22$3,933
Aug 19960020.26$0
Jul 1996167019.55$3,265
Jun 19960018.73$0
May 1996169019.43$3,284
Apr 1996185021.51$3,979
Mar 19960019.38$0
Feb 19960016.98$0
Jan 1996175017.07$2,987
Dec 19950017.19$0
Nov 1995178016.00$2,848
Oct 19950015.43$0
Sep 1995179016.18$2,896
Aug 19950015.92$0
Jul 1995312015.24$4,755
Jun 19950016.41$0
May 1995166017.56$2,915
Apr 19950017.73$0
Mar 1995177016.44$2,910
Feb 19950016.58$0
Jan 1995357015.92$5,683
Dec 1994179015.03$2,690
Nov 1994162015.90$2,576
Oct 19940015.58$0
Sep 1994173115.29$2,645
Aug 1994175116.13$2,823
Jul 19940117.56$0
Jun 1994173117.09$2,957
May 19940115.88$0
Apr 1994178114.14$2,517
Mar 19940112.46$0
Feb 1994163112.50$2,038
Jan 1994160112.66$2,026
Dec 1993179112.33$2,207
Nov 19930114.49$0
Oct 1993176115.85$2,790
Sep 19930115.03$0
Aug 1993165115.66$2,584
Jul 1993148115.46$2,288
Jun 1993162116.79$2,720
May 19930117.68$0
Apr 1993174118.05$3,141
Mar 19930118.14$0
Feb 1993174117.90$3,115
Jan 1993152116.93$2,573

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 2024 — as filed, then multipliedworked
Oil                  190 bbl  × $ 84.45 =    $16,046
Casinghead gas         0 Mcf  × $  1.66 =         $0

────────────────────────────────────────────────────
Month total                                  $16,046

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/25882 is the state's own key, not one this site invented.