SEALY SMITH FOUNDATION

Operated by OCCIDENTAL PERMIAN LTD. (P-5 617544) in the MONAHANS (PERMIAN-TUBB #3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4411District 08Field 62415664OilCasinghead gasSaveExport
Value, all time
$3.0 M
Jan 1993 – Mar 2002
Value, last 12 filed months
$0
at the published price for each month
Months reported
111
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 2 leases and 6 wells, and the rule below applies to all of them.

Discovered
1942-10-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 0 acres. The field rule took effect on 2001-01-09.

The Commission's schedule remark for this field reads: #1-3,CONS) FIELD

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
OilDisposition85,820 bbl$1,597,259
Casinghead gasProduction699,063 Mcf$1,429,986
Total$3,027,246

246,984 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 (5)

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 31.6383, -102.8685. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.5 miles.

31.64008, -102.86795 · 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%
5 of 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
5,741 ft
5 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
5100.0%
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.
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

Between 5,650 and 8,058 ft, median 5,741 ft, over the 5 wells that filed a depth.

Completions filed
Jun 1998 – Jan 2024
5 of 5 wells

5 wells

42-4750409025,741 ftJan 2024Yes
42-4750408668,058 ftApr 2002Yes
42-475339123255,800 ftSep 1998Yes
42-47504141865,669 ftJun 1998Yes
42-47504124855,650 ftJun 1998Yes

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 (111)

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

111 months

Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20001,00514,06626.889.12$155,331
Nov 200097515,82632.215.66$120,948
Oct 20001,20218,06231.235.15$130,476
Sep 20001,09115,31731.875.19$114,212
Aug 200090216,53629.644.54$101,821
Jul 200091415,50928.534.09$89,504
Jun 200087313,54029.304.40$85,118
May 20001,00612,40427.263.68$73,067
Apr 20001,21115,53124.513.12$78,076
Mar 20001,13613,46828.422.86$70,800
Feb 20001,60714,45327.622.73$83,791
Jan 20001,16115,93825.272.48$68,873
Dec 19991,50512,44924.282.42$66,714
Nov 19997149,92723.192.43$40,720
Oct 199993113,37420.982.80$57,029
Sep 199995614,66221.752.62$59,191
Aug 199995813,49019.262.88$57,243
Jul 19991,0399,20617.892.37$40,428
Jun 19997816,61615.942.36$28,077
May 199999210,83015.792.32$40,800
Apr 19991,06511,34615.102.21$41,134
Mar 19999529,07212.471.84$28,549
Feb 199979510,6709.981.82$27,330
Jan 19991,19811,94710.381.90$35,134
Dec 19981,1768,1849.201.77$25,332
Nov 19981,12310,03410.892.19$34,161
Oct 19989057,89612.421.97$26,789
Sep 19988368,34812.592.08$27,911
Aug 19981,0449,22711.301.91$29,396
Jul 19985426,77311.742.24$21,516
Jun 19981611,58411.242.24$5,353
May 19984413,25312.622.21$12,743
Apr 19983963,88913.042.51$14,907
Mar 19985111,67912.802.31$10,418
Feb 19985023,91413.952.30$16,002
Jan 19986074,89614.702.15$19,473
Dec 19974409,22116.322.41$29,414
Nov 19974853,03418.193.09$18,192
Oct 19978475,44619.253.15$33,459
Sep 19978195,81017.742.95$31,697
Aug 19978314,22217.862.55$25,628
Jul 19979474,68517.582.25$27,175
Jun 19979234,94717.242.26$27,079
May 19979235,06218.972.31$29,195
Apr 19978917,98517.882.08$32,562
Mar 19979688,82718.951.94$35,460
Feb 19979455,02120.492.21$30,439
Jan 19971,0433,90323.483.54$38,305
Dec 19969224,89423.32$21,501
Nov 19961,2546,22521.97$27,550
Oct 19961,0446,63523.31$24,336
Sep 19967234,65922.22$16,065
Aug 19969325,05920.26$18,882
Jul 19969523,94019.55$18,612
Jun 19969985,33518.73$18,693
May 19961,0725,53619.43$20,829
Apr 19968595,49521.51$18,477
Mar 19961,1215,72319.38$21,725
Feb 19969746,19216.98$16,539
Jan 19967815,93017.07$13,332
Dec 19955176,16017.19$8,887
Nov 199567616,56916.00$10,816
Oct 19959284,56315.43$14,319
Sep 19959854,94716.18$15,937
Aug 19951,2905,98415.92$20,537
Jul 19957546,01815.24$11,491
Jun 19956033,09416.41$9,895
May 19959425,38917.56$16,542
Apr 19959284,20017.73$16,453
Mar 19954132,10216.44$6,790
Feb 19956842,65516.58$11,341
Jan 19957192,95815.92$11,446
Dec 19945832,62615.03$8,762
Nov 19941,0033,19515.90$15,948
Oct 19941,1236,38015.58$17,496
Sep 19949905,94315.29$15,137
Aug 19941,6238,32416.13$26,179
Jul 19941,1787,28117.56$20,686
Jun 19948065,38717.09$13,775
May 19941,1375,01115.88$18,056
Apr 19941,0254,60314.14$14,494
Mar 19941,2002,67212.46$14,952
Feb 19945862,46312.50$7,325
Jan 19945844,53612.66$7,393
Dec 19936082,96712.33$7,497
Nov 19935734,09214.49$8,303
Oct 19932315,01215.85$3,661
Sep 19935395,07215.03$8,101
Aug 19931,0815,34815.66$16,928
Jul 19939644,62215.46$14,903
Jun 19935325,36516.79$8,932
May 19939944,92817.68$17,574
Apr 19931,0954,92318.05$19,765
Mar 19931,0635,78118.14$19,283
Feb 19931,0455,16217.90$18,706
Jan 19939115,02916.93$15,423

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 2000 — as filed, then multipliedworked
Oil                1,005 bbl  × $ 26.88 =    $27,014
Casinghead gas    14,066 Mcf  × $  9.12 =   $128,317

────────────────────────────────────────────────────
Month total                                 $155,331

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/4411 is the state's own key, not one this site invented.