SEALY SMITH FOUNDATION -A-

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

Oil lease lease 49490District 08Field 62417110OilCasinghead gasSaveExport
Value, all time
$156.3 M
Mar 2017 – May 2026
Value, last 12 filed months
$15.1 M
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 54 leases and 277 wells, and the rule below applies to all of them.

Discovered
1987-09-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2018-04-24.

The Commission's schedule remark for this field reads: REMAIN IN EFFECT.

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
OilDisposition1,948,491 bbl$127,143,203
Casinghead gasProduction8,632,166 Mcf$29,126,710
Total$156,269,913

Wells on this lease (57)

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 31.7160, -102.9293. A lease has no coordinate of its own — that point is the mean of its wells, and they span 3.2 miles.

31.71614, -102.93062 · 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
10.5%
6 of 57 wells
With a plug date
1.8%
1 of 57 wells
Median depth
6,110 ft
57 wells filed one
Completion to plug
2.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
610.5%
A plug date is filed
11.8%
BothOn the schedule and plugged. Neither fact cancels the other.
11.8%
NeitherNo plug date, and not on the schedule.
5189.5%

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

Total depth in feet, 57 of 57 wells. Median 6,110 ft, with the middle half between 6,022 and 6,214 ft; the shallowest is 5,481 ft and the deepest 8,013 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 57 of 57 wells, Mar 2017 – Feb 2026. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 2017 – Feb 2026
57 of 57 wells
Plug dates filed
Aug 2020
1 of 57 wells; 56 filed none

Last completion to plug: a median of 2.3 years across the 1 well that filed both dates, with the middle half between 2.3 years and 2.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

57 wells

42-495343771416,109 ftFeb 2026
42-495342421276,380 ftSep 2025
42-495338631076,084 ftJun 2025
42-49535074337H5,690 ftMay 2025
42-49535075334H5,792 ftMay 2025
42-495341321216,340 ftMar 2025
42-495343671826,213 ftOct 2024
42-495339531086,019 ftAug 2024
42-49534878305H5,509 ftNov 2023
42-49534879313H5,696 ftOct 2023
42-495338611056,209 ftAug 2023
42-49534824311H5,694 ftMar 2023
42-495338601045,878 ftFeb 2023
42-495339581126,106 ftMar 2022
42-49534651303H5,497 ftJan 2022
42-49534638312H5,686 ftDec 2021
42-49534639302H5,481 ftNov 2021
42-49534613309H5,533 ftJul 2021
42-495344651836,029 ftApr 2021Yes
42-495345825695,966 ftApr 2021
42-495342394116,840 ftFeb 2021Yes
42-495342751656,769 ftJan 2021Yes
42-495344621266,110 ftNov 2020
42-495345421436,104 ftOct 2020
42-495345005766,022 ftJun 2020
42-495344991816,110 ftJun 2020
42-495345011666,113 ftJun 2020
42-495344975016,023 ftMar 2020
42-495344701366,106 ftMar 2020
42-495341281166,137 ftFeb 2020
42-495344661426,114 ftFeb 2020
42-495344641806,029 ftFeb 2020
42-495344344176,108 ftDec 2019
42-495342444066,795 ftDec 2019Yes
42-495344091746,111 ftOct 2019
42-495343931376,111 ftSep 2019
42-495343941496,116 ftSep 2019
42-495343114136,828 ftJul 2019Yes
42-495343644026,025 ftJul 2019
42-495343511766,110 ftJul 2019
42-495343371406,233 ftMay 2019
42-495339561106,208 ftMay 2019
42-49534238202SD8,013 ftApr 2019
42-495343151386,025 ftApr 2019
42-495343141526,018 ftApr 2019
42-495341261146,223 ftMar 2019
42-495341341236,314 ftDec 2018
42-495341311206,833 ftNov 2018
42-495338691036,024 ftOct 2018
42-495339571116,320 ftAug 2018
42-495341351246,231 ftJul 2018
42-495341151196,205 ftJun 2018
42-495339551096,230 ftJun 2018
42-495338621066,214 ftApr 2018Aug 2020Yes
42-495340581136,113 ftMar 2018
42-495338321025,900 ftJun 2017
42-495337661016,191 ftMar 2017

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

May 202600106.413.05$0
Apr 202611,36270,80398.932.87$1,327,227
Mar 202612,98973,07989.753.15$1,395,921
Feb 202612,47867,12163.503.75$1,044,078
Jan 202614,08976,76559.138.00$1,447,043
Dec 202514,89182,66656.664.41$1,208,559
Nov 202513,31271,56058.593.93$1,060,926
Oct 202514,33279,01459.383.30$1,112,163
Sep 202515,99084,92662.743.08$1,264,523
Aug 202519,681100,58163.933.01$1,561,434
Jul 202521,801101,83766.743.32$1,792,609
Jun 202523,807102,00666.483.13$1,901,838
May 202521,27078,59160.553.23$1,541,930
Apr 20258,73557,43762.363.54$748,221
Mar 202510,85268,55767.704.27$1,027,304
Feb 20259,88660,36070.884.34$962,733
Jan 202511,66975,15174.324.28$1,188,787
Dec 202412,53477,07068.993.12$1,105,285
Nov 202412,87073,37469.052.20$1,049,982
Oct 202413,66484,52771.372.28$1,168,040
Sep 202413,35182,78269.612.36$1,125,090
Aug 202413,67785,09975.632.06$1,210,004
Jul 202415,11793,78879.932.15$1,409,626
Jun 202414,98290,80678.082.63$1,408,976
May 202416,52393,85378.812.20$1,508,508
Apr 202418,66694,32384.451.66$1,732,844
Mar 202419,736104,52180.301.55$1,746,299
Feb 202420,889105,15876.091.78$1,777,008
Jan 202425,228121,25273.023.30$2,241,996
Dec 202329,337128,77471.262.61$2,426,747
Nov 202329,315105,19177.892.81$2,578,675
Oct 202316,82865,44485.443.09$1,639,828
Sep 202314,33674,75189.042.74$1,480,924
Aug 202316,18162,73480.522.67$1,470,575
Jul 202318,64977,96574.852.64$1,601,846
Jun 202319,29273,84568.962.26$1,497,154
May 202319,45376,30970.622.23$1,543,742
Apr 202320,58772,32978.122.24$1,770,111
Mar 202313,99663,79172.852.39$1,172,271
Feb 202313,17358,94975.112.47$1,134,773
Jan 202316,39472,41876.533.39$1,499,965
Dec 202216,30372,24276.415.73$1,659,592
Nov 202215,65869,26985.005.65$1,722,037
Oct 202216,08871,76287.185.86$1,823,347
Sep 202216,85675,41184.888.16$2,046,369
Aug 202217,50580,46594.529.13$2,388,990
Jul 202219,87189,352101.587.54$2,692,396
Jun 202220,80685,264115.097.98$3,074,731
May 202224,34298,374109.378.43$3,491,876
Apr 202227,03894,580104.226.84$3,464,601
Mar 202231,156112,813108.885.08$3,964,949
Feb 202231,715105,72091.054.86$3,401,327
Jan 20229,67172,69581.844.54$1,121,341
Dec 202124,80595,30471.323.90$2,140,694
Nov 202121,12187,29777.435.24$2,092,560
Oct 202114,03981,92479.795.71$1,588,275
Sep 202114,76186,63869.865.35$1,494,796
Aug 202118,22995,72266.024.22$1,607,482
Jul 202116,16488,33770.783.98$1,495,853
Jun 202112,50061,96269.493.38$1,078,095
May 202114,33585,06163.483.02$1,166,672
Apr 202116,17287,78360.362.76$1,218,284
Mar 202115,36696,25561.302.72$1,203,455
Feb 202114,25888,61257.805.55$1,315,727
Jan 202119,836103,50650.412.81$1,290,813
Dec 202018,720114,86044.642.68$1,142,964
Nov 202020,220121,01438.772.71$1,111,462
Oct 202023,136136,51036.972.48$1,193,668
Sep 202023,267134,46637.091.99$1,130,700
Aug 202025,867148,89539.982.39$1,389,292
Jul 202031,678154,51438.371.83$1,497,491
Jun 202032,395123,14334.901.69$1,338,735
May 20201,5589,39216.921.81$43,405
Apr 202023,484112,11114.751.80$548,680
Mar 202039,248117,74830.341.86$1,409,352
Feb 202027,617113,25949.881.98$1,601,865
Jan 202028,317125,19157.252.09$1,883,391
Dec 201927,770117,42459.012.30$1,909,295
Nov 201929,163124,80055.302.75$1,956,001
Oct 201927,435117,73053.472.42$1,751,684
Sep 201924,326105,81155.052.66$1,620,316
Aug 201925,123115,81053.112.30$1,601,150
Jul 201926,431114,43456.272.46$1,768,787
Jun 201927,446104,85952.782.49$1,709,825
May 201925,114100,84358.482.74$1,745,009
Apr 201924,98696,70762.632.75$1,830,885
Mar 201923,95957,64656.803.06$1,537,389
Feb 201924,08767,94250.852.79$1,414,533
Jan 201927,30872,99346.033.23$1,492,622
Dec 201826,06271,22346.594.19$1,512,328
Nov 201829,44970,86952.934.24$1,859,025
Oct 201832,85878,76961.443.40$2,286,459
Sep 201818,66248,30559.543.11$1,261,267
Aug 201814,49941,69659.403.07$989,104
Jul 201815,20845,98465.142.93$1,125,469
Jun 20189,55839,55360.183.08$696,902
May 201811,72237,45565.382.90$875,034
Apr 201811,38335,65963.842.90$830,130
Mar 201811,83729,59861.222.79$807,146
Feb 20188,20025,58661.782.77$577,370
Jan 20183,02615,42062.874.01$252,068
Dec 20173,94716,52857.272.92$274,332
Nov 20175,53320,79155.423.12$371,473
Oct 20175,70816,50749.292.98$330,599
Sep 20175,93715,05447.523.09$328,602
Aug 20175,03912,43745.373.00$265,985
Jul 20171,9706,04643.873.09$105,090
Jun 20172,4777,41142.493.09$128,128
May 20172,8546,46245.373.26$150,574
Apr 20173,3906,85647.933.21$184,501
Mar 20170046.772.98$0

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 2026 — as filed, then multipliedworked
Oil               11,362 bbl  × $ 98.93 = $1,124,043
Casinghead gas    70,803 Mcf  × $  2.87 =   $203,185

────────────────────────────────────────────────────
Month total                               $1,327,227

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/49490 is the state's own key, not one this site invented.