SNEED "F"

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) in the PANHANDLE MOORE COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6670District 10Field 68901001OilCasinghead gasSaveExport
Value, all time
$952 k
Jan 1993 – Jun 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
234
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 334 leases and 1,458 wells, and the rule below applies to all of them.

Discovered
1926-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: SEPTEMBER, AND OCTOBER.

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
OilDisposition9,960 bbl$209,493
Casinghead gasProduction380,057 Mcf$742,141
Total$951,634

207,953 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 (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 35.8162, -101.6393. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

35.81623, -101.63928 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
3,405 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
2100.0%
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 3,375 and 3,435 ft, median 3,405 ft, over the 2 wells that filed a depth.

Completions filed
Oct 1989 – Jul 2001
2 of 2 wells

2 wells

42-3413212233,435 ftJul 2001Yes
42-341321251 R3,375 ftOct 1989Yes

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 (234)

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

234 months

Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20102073.585.44$147
Jan 20105074.365.96$372
Dec 20095071.445.48$357
Nov 20095074.593.75$373
Oct 20095072.544.11$363
Sep 20095065.543.06$328
Aug 20095067.423.22$337
Jul 2009060361.133.46$2,089
Jun 200914371266.163.90$12,234
May 2009069454.743.93$2,724
Apr 2009075746.773.59$2,716
Mar 2009067842.144.06$2,752
Feb 2009051832.814.63$2,400
Jan 2009072335.865.37$3,883
Dec 2008061637.105.98$3,682
Nov 2008074955.496.86$5,138
Oct 200801,04675.246.92$7,240
Sep 200801,024101.767.88$8,066
Aug 20080838114.228.48$7,109
Jul 20080902131.0811.39$10,273
Jun 20080696131.3313.03$9,071
May 20080816123.1711.57$9,445
Apr 20080716110.3110.45$7,486
Mar 20080691101.909.66$6,678
Feb 2008084292.538.77$7,385
Jan 2008075090.388.21$6,154
Dec 2007095488.337.30$6,966
Nov 2007086591.677.29$6,307
Oct 2007073282.856.92$5,067
Sep 2007065775.846.24$4,102
Aug 2007078769.066.39$5,027
Jul 2007061670.906.39$3,935
Jun 200716077962.007.55$15,800
May 2007079358.747.85$6,222
Apr 2007065659.617.81$5,120
Mar 2007088256.927.30$6,440
Feb 2007096355.108.22$7,912
Jan 2007095350.306.73$6,411
Dec 2006097156.656.92$6,718
Nov 200601,02254.207.62$7,785
Oct 200601,16954.906.01$7,030
Sep 200601,10060.085.04$5,541
Aug 200601,01468.717.34$7,443
Jul 200601,06369.376.34$6,742
Jun 200601,06366.286.38$6,786
May 200601,03266.016.42$6,631
Apr 200615788964.397.36$16,653
Mar 200601,03256.707.08$7,310
Feb 2006041957.597.75$3,248
Jan 200601,02860.598.93$9,183
Dec 200501,07254.9413.42$14,381
Nov 200501,54554.6910.59$16,359
Oct 200501,78558.3413.80$24,625
Sep 2005051261.4512.08$6,184
Aug 200501,18061.519.80$11,560
Jul 200501,14455.697.84$8,973
Jun 2005084852.337.38$6,259
May 200516396445.226.65$13,783
Apr 200501,07349.207.36$7,898
Mar 200501,10850.377.15$7,928
Feb 2005077345.226.31$4,879
Jan 2005067843.166.32$4,286
Dec 2004080439.866.75$5,428
Nov 2004066945.286.33$4,235
Oct 200417056849.706.52$12,150
Sep 200401,11043.245.28$5,865
Aug 200401,11042.375.55$6,161
Jul 2004053838.286.08$3,273
Jun 2004044036.106.43$2,831
May 2004071737.486.49$4,657
Apr 2004047034.475.86$2,753
Mar 200417281934.365.53$10,439
Feb 2004072932.455.51$4,017
Jan 2004068232.036.30$4,296
Dec 2003070530.266.30$4,443
Nov 2003070228.804.60$3,226
Oct 2003064428.174.76$3,065
Sep 2003054726.314.75$2,598
Aug 200301,05329.765.13$5,402
Jul 200301,31229.415.17$6,784
Jun 20031721,24428.565.98$12,355
May 20030126.595.97$6
Apr 2003033326.675.41$1,801
Mar 2003082531.146.10$5,029
Feb 2003047733.487.93$3,781
Jan 2003083030.315.58$4,633
Dec 2002070426.914.85$3,417
Nov 2002095324.664.14$3,943
Oct 20021721,27626.464.23$9,947
Sep 200201,37927.443.64$5,013
Aug 200201,29925.963.16$4,110
Jul 20021761,53424.583.06$9,023
Jun 2002070423.733.34$2,350
May 20020024.663.58$0
Apr 20020023.653.51$0
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 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 2000166128.534.09$4,740
Jun 20000129.304.40$4
May 20000127.263.68$4
Apr 20000124.513.12$3
Mar 2000087028.422.86$2,488
Feb 2000071427.622.73$1,947
Jan 200001,59225.272.48$3,949
Dec 199901,42724.282.42$3,459
Nov 199901,78023.192.43$4,333
Oct 19991761,96020.982.80$9,188
Sep 199901,78721.752.62$4,680
Aug 199901,80119.262.88$5,179
Jul 199901,81117.892.37$4,296
Jun 19991731,75715.942.36$6,908
May 199901,92315.792.32$4,463
Apr 19991751,87615.102.21$6,785
Mar 199902,10712.471.84$3,873
Feb 199901,6589.981.82$3,014
Jan 199901,73910.381.90$3,304
Dec 19981711,9559.201.77$5,040
Nov 199801,51210.892.19$3,305
Oct 199801,65412.421.97$3,257
Sep 19981731,98012.592.08$6,302
Aug 199801,92811.301.91$3,677
Jul 199802,72611.742.24$6,099
Jun 19981743,57011.242.24$9,943
May 199802,87012.622.21$6,332
Apr 19981743,02213.042.51$9,840
Mar 199803,11812.802.31$7,201
Feb 199803,26713.952.30$7,511
Jan 199802,14114.702.15$4,613
Dec 19971724,06916.322.41$12,618
Nov 199703,95418.193.09$12,211
Oct 19971753,76419.253.15$15,225
Sep 199703,49217.742.95$10,318
Aug 199703,24917.862.55$8,300
Jul 19971783,94817.582.25$12,000
Jun 199704,25617.242.26$9,607
May 19971733,88518.972.31$12,250
Apr 199703,07617.882.08$6,407
Mar 19971823,91618.951.94$11,043
Feb 199702,99220.492.21$6,600
Jan 19971793,28423.483.54$15,827
Dec 199603,45723.32$0
Nov 19961743,34121.97$3,823
Oct 19961733,34023.31$4,033
Sep 199602,99322.22$0
Aug 199603,26720.26$0
Jul 19961794,33519.55$3,499
Jun 199604,17318.73$0
May 19961774,12419.43$3,439
Apr 19961803,41621.51$3,872
Mar 199603,70119.38$0
Feb 19961722,53016.98$2,921
Jan 19961784,21217.07$3,038
Dec 199504,36717.19$0
Nov 19951744,23916.00$2,784
Oct 19951764,46215.43$2,716
Sep 19951754,35716.18$2,832
Aug 199503,71315.92$0
Jul 19951784,42915.24$2,713
Jun 19951753,82616.41$2,872
May 199503,75317.56$0
Apr 19951804,14717.73$3,191
Mar 19951763,56116.44$2,893
Feb 19951754,15516.58$2,902
Jan 199504,73115.92$0
Dec 19941754,80315.03$2,630
Nov 19941754,64615.90$2,783
Oct 199404,25615.58$0
Sep 19941774,43415.29$2,706
Aug 19941754,66216.13$2,823
Jul 19941774,62317.56$3,108
Jun 19941774,57017.09$3,025
May 199404,61515.88$0
Apr 19941754,42914.14$2,475
Mar 19941784,19812.46$2,218
Feb 199404,24612.50$0
Jan 19941784,85512.66$2,253
Dec 19931784,82112.33$2,195
Nov 19931755,03814.49$2,536
Oct 19931804,94815.85$2,853
Sep 199305,01415.03$0
Aug 19931765,09215.66$2,756
Jul 19931785,33515.46$2,752
Jun 19931785,19816.79$2,989
May 19931785,21317.68$3,147
Apr 19931785,08618.05$3,213
Mar 19931795,19718.14$3,247
Feb 199304,51317.90$0
Jan 19931735,53216.93$2,929

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.

Feb 2010 — as filed, then multipliedworked
Oil                    2 bbl  × $ 73.58 =       $147
Casinghead gas         0 Mcf  × $  5.44 =         $0

────────────────────────────────────────────────────
Month total                                     $147

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. 10/O/6670 is the state's own key, not one this site invented.