SEALY, GEORGE "43 C"

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 33564District 08Field 56761001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$170 k
Jan 1993 – Aug 1995
Value, last 12 filed months
$19 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
OilDisposition10,613 bbl$169,774
Casinghead gasProduction13,833 Mcf$0
Total$169,774

13,833 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 (2)

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 31.5874, -103.0577. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.58742, -103.05770 · 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
50.0%
1 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
3,050 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
150.0%

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

Between 3,049 and 3,050 ft, median 3,050 ft, over the 2 wells that filed a depth.

Completions filed
Feb 1995 – Jun 1996
2 of 2 wells

2 wells

42-475341071923,049 ftJun 1996
42-475341462933,050 ftFeb 1995Yes

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 199447438615.03$7,124
Nov 199421242015.90$3,371
Oct 199431258015.58$4,861
Sep 199426360015.29$4,021
Aug 199426495116.13$4,258
Jul 199436262717.56$6,357
Jun 199421766917.09$3,709
May 19943321,08015.88$5,272
Apr 199430835414.14$4,355
Mar 199434840812.46$4,336
Feb 199460460012.50$7,550
Jan 199430992012.66$3,912
Dec 199323878112.33$2,935
Nov 19933219714.49$4,651
Oct 199335120015.85$5,563
Sep 199335921015.03$5,396
Aug 199351125615.66$8,002
Jul 199336169615.46$5,581
Jun 199358783316.79$9,856
May 199350556417.68$8,928
Apr 199370858018.05$12,779
Mar 199397178718.14$17,614
Feb 199364867917.90$11,599
Jan 19931,04855516.93$17,743

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                  474 bbl  × $ 15.03 =     $7,124
Casinghead gas       386 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $7,124

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/33564 is the state's own key, not one this site invented.