SNODDY, THAD R/AC -B-

Operated by AMOCO PRODUCTION COMPANY (P-5 20425) in the EAST TEXAS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7621District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$1.9 M
Jan 1993 – Dec 2001
Value, last 12 filed months
$0
at the published price for each month
Months reported
108
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 2,264 leases and 17,267 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
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 5 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: THIS ORDER TO BE CANCELLED

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
OilDisposition116,392 bbl$1,869,959
Casinghead gasProduction53,803 Mcf$1,389
Total$1,871,348

53,220 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.

Every month this lease reported (108)

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

108 months

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 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 199922024.282.42$534
Nov 1999137023.192.43$3,177
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 199861912.622.21$118
Apr 1998302413.042.51$451
Mar 1998644812.802.31$930
Feb 19981561213.952.30$2,204
Jan 1998933014.702.15$1,432
Dec 19971541916.322.41$2,559
Nov 19971551418.193.09$2,863
Oct 19971461319.253.15$2,851
Sep 19971783217.742.95$3,252
Aug 19971955417.862.55$3,621
Jul 19972265717.582.25$4,101
Jun 19971994917.242.26$3,541
May 19972455018.972.31$4,763
Apr 19972835417.882.08$5,173
Mar 19972264818.951.94$4,376
Feb 19972233820.492.21$4,653
Jan 19973222223.483.54$7,638
Dec 1996339723.32$7,905
Nov 199633923421.97$7,448
Oct 199641939923.31$9,767
Sep 199641939022.22$9,310
Aug 199646140820.26$9,340
Jul 199646838519.55$9,149
Jun 199652642918.73$9,852
May 199658742119.43$11,405
Apr 199659835321.51$12,863
Mar 199674046119.38$14,341
Feb 199664036316.98$10,867
Jan 199685554517.07$14,595
Dec 19959292,22617.19$15,970
Nov 19951,0501,43816.00$16,800
Oct 19951,1731,51215.43$18,099
Sep 19951,1021,49716.18$17,830
Aug 19951,5421,60815.92$24,549
Jul 19951,6551,62015.24$25,222
Jun 19952,6301,58216.41$43,158
May 19951,7951,64617.56$31,520
Apr 19952,0011,65217.73$35,478
Mar 19952,3031,40416.44$37,861
Feb 19952,3481,04716.58$38,930
Jan 19952,6671,16915.92$42,459
Dec 19942,9081,22915.03$43,707
Nov 19943,2751,30815.90$52,073
Oct 19943,5511,39515.58$55,325
Sep 19943,50377215.29$53,561
Aug 19943,7561,61616.13$60,584
Jul 19943,7991,62917.56$66,710
Jun 19943,1351,27617.09$53,577
May 19943,6561,42315.88$58,057
Apr 19943,5051,36214.14$49,561
Mar 19943,7961,53512.46$47,298
Feb 19943,2971,19812.50$41,213
Jan 19943,7261,34212.66$47,171
Dec 19933,6741,27912.33$45,300
Nov 19933,6391,36414.49$52,729
Oct 19933,7601,06015.85$59,596
Sep 19933,5071,01515.03$52,710
Aug 19933,6931,38215.66$57,832
Jul 19933,6871,44815.46$57,001
Jun 19933,8361,21516.79$64,406
May 19933,6331,17817.68$64,231
Apr 19933,5971,32118.05$64,926
Mar 19933,7731,22218.14$68,442
Feb 19933,29196817.90$58,909
Jan 19933,74988716.93$63,471

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 1999 — as filed, then multipliedworked
Oil                   22 bbl  × $ 24.28 =       $534
Casinghead gas         0 Mcf  × $  2.42 =         $0

────────────────────────────────────────────────────
Month total                                     $534

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. 6E/O/7621 is the state's own key, not one this site invented.