SEALY, GEORGE "42 A"

Operated by PARKER & PARSLEY DEVELOPMENT L.P (P-5 640886) in the MAGNOLIA SEALY field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32982District 08Field 56761001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 1993 – Aug 1995
Value, last 12 filed months
$103 k
at the published price for each month
Months reported
32
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 31 leases and 283 wells, and the rule below applies to all of them.

Discovered
1939-04-01
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 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.

The Commission's schedule remark for this field reads: SEPARATED FROM NORTH WARD FIELD 4-1-39

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
OilDisposition77,194 bbl$1,238,468
Casinghead gasProduction138,089 Mcf$0
Total$1,238,468

138,089 Mcf of this lease's gas, across 24 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 (6)

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 31.5710, -103.0498. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.57172, -103.05043 · 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
33.3%
2 of 6 wells
With a plug date
16.7%
1 of 6 wells
Median depth
3,029 ft
6 wells filed one
Completion to plug
13.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
233.3%
A plug date is filed
116.7%
BothOn the schedule and plugged. Neither fact cancels the other.
116.7%
NeitherNo plug date, and not on the schedule.
466.7%

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

Between 2,971 and 3,107 ft, median 3,029 ft, over the 6 wells that filed a depth.

Completions filed
Apr 1993 – Sep 2017
6 of 6 wells
Plug dates filed
Oct 2016
1 of 6 wells; 5 filed none

Last completion to plug: a median of 13.1 years across the 1 well that filed both dates, with the middle half between 13.1 years and 13.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-475340893913,040 ftSep 2017
42-475340551903,107 ftSep 2003Oct 2016Yes
42-475341384923,038 ftJan 1997
42-475341496933,019 ftJan 1997Yes
42-475340722913,011 ftJun 1996
42-475341485932,971 ftApr 1993

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 (32)

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

32 months

Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19941,8312,18315.03$27,520
Nov 19941,5512,23515.90$24,661
Oct 19941,7262,86615.58$26,891
Sep 19941,5623,08315.29$23,883
Aug 19941,7323,21516.13$27,937
Jul 19942,3143,68617.56$40,634
Jun 19941,6933,59717.09$28,933
May 19941,8464,02215.88$29,314
Apr 19942,4104,64914.14$34,077
Mar 19942,7165,05212.46$33,841
Feb 19942,2094,66112.50$27,613
Jan 19942,2175,18012.66$28,067
Dec 19932,5565,65012.33$31,515
Nov 19932,7655,58514.49$40,065
Oct 19933,3016,85215.85$52,321
Sep 19933,6297,82315.03$54,544
Aug 19934,4368,08315.66$69,468
Jul 19933,4357,98015.46$53,105
Jun 19934,4438,61116.79$74,598
May 19935,77511,66717.68$102,102
Apr 19935,2989,17918.05$95,629
Mar 19934,7906,68718.14$86,891
Feb 19935,6315,56417.90$100,795
Jan 19937,3289,97916.93$124,063

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.

Dec 1994 — as filed, then multipliedworked
Oil                1,831 bbl  × $ 15.03 =    $27,520
Casinghead gas     2,183 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                  $27,520

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/32982 is the state's own key, not one this site invented.