SNEED, EARNEST

Name: SNEED, EARNEST lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BYRNE OIL COMPANY (P-5 119795) in the REB (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 113656District 7BField 75095500CondensateGasSave Export

Value, all time

$181 k

Jan 1993 – Feb 2008

Value, last 12 filed months

$17 k

at the published price for each month

Months reported

182

no gaps in the span

Streams

condensate, gas

The REB (MARBLE FALLS) field

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 431 leases and 525 wells, and the rule below applies to all of them.

Discovered

1982-03-12

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1986-01-01.

The Commission's schedule remark for this field reads: “EFF. 09-10-84 PER DOCKET #7B-82,934”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	205 bbl	$4,978
Gas	Production	52,731 Mcf	$175,996
Total			$180,974

17,233 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 (1)

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 32.4625, -98.8454. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.46248, -98.84542 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

3,850 ft

1 wells filed one

Completion to plug

24.6 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

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

The one well that filed a depth was drilled to 3,850 ft.

Completions filed

Jul 1983

1 of 1 wells

Plug dates filed

Feb 2008

1 of 1 wells

Last completion to plug: a median of 24.6 years across the 1 well that filed both dates, with the middle half between 24.6 years and 24.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-13331753	2	3,850 ft	Jul 1983	Feb 2008	Yes

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 (182)

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

182 months


Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	25	91.67	7.29	$182
Oct 2007	0	290	82.85	6.92	$2,007
Sep 2007	0	284	75.84	6.24	$1,773
Aug 2007	0	312	69.06	6.39	$1,993
Jul 2007	0	330	70.90	6.39	$2,108
Jun 2007	0	196	62.00	7.55	$1,480
May 2007	0	323	58.74	7.85	$2,534
Apr 2007	0	315	59.61	7.81	$2,459
Mar 2007	0	323	56.92	7.30	$2,359
Feb 2007	0	293	55.10	8.22	$2,407
Jan 2007	0	280	50.30	6.73	$1,884
Dec 2006	0	317	56.65	6.92	$2,193
Nov 2006	0	280	54.20	7.62	$2,133
Oct 2006	0	301	54.90	6.01	$1,810
Sep 2006	0	307	60.08	5.04	$1,546
Aug 2006	0	299	68.71	7.34	$2,195
Jul 2006	0	262	69.37	6.34	$1,662
Jun 2006	0	243	66.28	6.38	$1,551
May 2006	0	305	66.01	6.42	$1,960
Apr 2006	0	304	64.39	7.36	$2,238
Mar 2006	0	304	56.70	7.08	$2,153
Feb 2006	0	213	57.59	7.75	$1,651
Jan 2006	0	290	60.59	8.93	$2,591
Dec 2005	0	289	54.94	13.42	$3,877
Nov 2005	0	304	54.69	10.59	$3,219
Oct 2005	0	327	58.34	13.80	$4,511
Sep 2005	0	252	61.45	12.08	$3,044
Aug 2005	0	227	61.51	9.80	$2,224
Jul 2005	0	335	55.69	7.84	$2,628
Jun 2005	0	301	52.33	7.38	$2,222
May 2005	0	334	45.22	6.65	$2,221
Apr 2005	0	307	49.20	7.36	$2,260
Mar 2005	0	313	50.37	7.15	$2,239
Feb 2005	0	264	45.22	6.31	$1,666
Jan 2005	0	241	43.16	6.32	$1,524
Dec 2004	0	270	39.86	6.75	$1,823
Nov 2004	0	246	45.28	6.33	$1,557
Oct 2004	0	294	49.70	6.52	$1,915
Sep 2004	0	318	43.24	5.28	$1,680
Aug 2004	0	336	42.37	5.55	$1,865
Jul 2004	0	342	38.28	6.08	$2,081
Jun 2004	0	330	36.10	6.43	$2,123
May 2004	0	335	37.48	6.49	$2,176
Apr 2004	0	307	34.47	5.86	$1,799
Mar 2004	0	319	34.36	5.53	$1,764
Feb 2004	0	289	32.45	5.51	$1,592
Jan 2004	0	300	32.03	6.30	$1,890
Dec 2003	0	321	30.26	6.30	$2,023
Nov 2003	0	310	28.80	4.60	$1,425
Oct 2003	0	337	28.17	4.76	$1,604
Sep 2003	0	334	26.31	4.75	$1,586
Aug 2003	113	346	29.76	5.13	$5,138
Jul 2003	0	355	29.41	5.17	$1,836
Jun 2003	0	325	28.56	5.98	$1,944
May 2003	0	304	26.59	5.97	$1,816
Apr 2003	0	245	26.67	5.41	$1,325
Mar 2003	0	243	31.14	6.10	$1,481
Feb 2003	0	217	33.48	7.93	$1,720
Jan 2003	0	244	30.31	5.58	$1,362
Dec 2002	0	251	26.91	4.85	$1,218
Nov 2002	0	246	24.66	4.14	$1,018
Oct 2002	0	255	26.46	4.23	$1,078
Sep 2002	0	269	27.44	3.64	$978
Aug 2002	0	290	25.96	3.16	$918
Jul 2002	0	288	24.58	3.06	$882
Jun 2002	0	257	23.73	3.34	$858
May 2002	0	277	24.66	3.58	$993
Apr 2002	0	270	23.65	3.51	$948
Mar 2002	0	266	22.00	3.10	$825
Feb 2002	0	238	18.22	2.38	$565
Jan 2002	0	227	17.17	2.38	$539
Dec 2001	0	252	16.93	2.36	$596
Nov 2001	0	61	18.07	2.41	$147
Oct 2001	0	230	19.78	2.53	$582
Sep 2001	0	251	24.26	2.25	$565
Aug 2001	0	244	24.87	3.05	$745
Jul 2001	0	273	23.93	3.20	$873
Jun 2001	0	263	24.56	3.82	$1,006
May 2001	0	271	25.52	4.31	$1,167
Apr 2001	0	255	24.68	5.34	$1,361
Mar 2001	0	260	24.54	5.38	$1,398
Feb 2001	0	241	27.75	5.77	$1,390
Jan 2001	0	202	27.47	8.40	$1,697
Dec 2000	0	203	26.88	9.12	$1,852
Nov 2000	0	220	32.21	5.66	$1,245
Oct 2000	0	243	31.23	5.15	$1,250
Sep 2000	0	239	31.87	5.19	$1,240
Aug 2000	0	255	29.64	4.54	$1,158
Jul 2000	0	261	28.53	4.09	$1,067
Jun 2000	0	241	29.30	4.40	$1,060
May 2000	0	261	27.26	3.68	$960
Apr 2000	0	252	24.51	3.12	$785
Mar 2000	0	254	28.42	2.86	$726
Feb 2000	0	229	27.62	2.73	$624
Jan 2000	0	258	25.27	2.48	$640
Dec 1999	0	250	24.28	2.42	$606
Nov 1999	0	261	23.19	2.43	$635
Oct 1999	0	274	20.98	2.80	$768
Sep 1999	0	282	21.75	2.62	$739
Aug 1999	0	319	19.26	2.88	$917
Jul 1999	0	267	17.89	2.37	$633
Jun 1999	0	178	15.94	2.36	$420
May 1999	0	235	15.79	2.32	$545
Apr 1999	0	207	15.10	2.21	$457
Mar 1999	0	262	12.47	1.84	$482
Feb 1999	0	242	9.98	1.82	$440
Jan 1999	0	263	10.38	1.90	$500
Dec 1998	0	270	9.20	1.77	$479
Nov 1998	0	268	10.89	2.19	$586
Oct 1998	0	292	12.42	1.97	$575
Sep 1998	0	297	12.59	2.08	$619
Aug 1998	0	315	11.30	1.91	$601
Jul 1998	0	317	11.74	2.24	$709
Jun 1998	0	305	11.24	2.24	$682
May 1998	0	314	12.62	2.21	$693
Apr 1998	0	272	13.04	2.51	$681
Mar 1998	0	148	12.80	2.31	$342
Feb 1998	0	271	13.95	2.30	$623
Jan 1998	0	275	14.70	2.15	$593
Dec 1997	0	205	16.32	2.41	$494
Nov 1997	0	219	18.19	3.09	$676
Oct 1997	0	312	19.25	3.15	$983
Sep 1997	0	322	17.74	2.95	$951
Aug 1997	0	352	17.86	2.55	$899
Jul 1997	0	332	17.58	2.25	$746
Jun 1997	0	190	17.24	2.26	$429
May 1997	0	203	18.97	2.31	$469
Apr 1997	0	221	17.88	2.08	$460
Mar 1997	0	241	18.95	1.94	$467
Feb 1997	0	238	20.49	2.21	$525
Jan 1997	0	269	23.48	3.54	$952
Dec 1996	0	287	23.32	—	$0
Nov 1996	0	307	21.97	—	$0
Oct 1996	0	336	23.31	—	$0
Sep 1996	0	320	22.22	—	$0
Aug 1996	0	329	20.26	—	$0
Jul 1996	0	343	19.55	—	$0
Jun 1996	0	326	18.73	—	$0
May 1996	0	336	19.43	—	$0
Apr 1996	0	322	21.51	—	$0
Mar 1996	0	327	19.38	—	$0
Feb 1996	0	303	16.98	—	$0
Jan 1996	0	341	17.07	—	$0
Dec 1995	0	339	17.19	—	$0
Nov 1995	0	339	16.00	—	$0
Oct 1995	0	363	15.43	—	$0
Sep 1995	0	348	16.18	—	$0
Aug 1995	0	393	15.92	—	$0
Jul 1995	0	408	15.24	—	$0
Jun 1995	0	394	16.41	—	$0
May 1995	92	386	17.56	—	$1,616
Apr 1995	0	371	17.73	—	$0
Mar 1995	0	375	16.44	—	$0
Feb 1995	0	335	16.58	—	$0
Jan 1995	0	375	15.92	—	$0
Dec 1994	0	375	15.03	—	$0
Nov 1994	0	381	15.90	—	$0
Oct 1994	0	412	15.58	—	$0
Sep 1994	0	412	15.29	—	$0
Aug 1994	0	437	16.13	—	$0
Jul 1994	0	424	17.56	—	$0
Jun 1994	0	422	17.09	—	$0
May 1994	0	431	15.88	—	$0
Apr 1994	0	414	14.14	—	$0
Mar 1994	0	440	12.46	—	$0
Feb 1994	0	413	12.50	—	$0
Jan 1994	0	440	12.66	—	$0
Dec 1993	0	385	12.33	—	$0
Nov 1993	0	402	14.49	—	$0
Oct 1993	0	360	15.85	—	$0
Sep 1993	0	276	15.03	—	$0
Aug 1993	0	392	15.66	—	$0
Jul 1993	0	340	15.46	—	$0
Jun 1993	0	313	16.79	—	$0
May 1993	0	289	17.68	—	$0
Apr 1993	0	368	18.05	—	$0
Mar 1993	0	392	18.14	—	$0
Feb 1993	0	193	17.90	—	$0
Jan 1993	0	219	16.93	—	$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.

Nov 2007 — as filed, then multipliedworked

Condensate             0 bbl  × $ 91.67 =         $0
Gas                   25 Mcf  × $  7.29 =       $182

────────────────────────────────────────────────────
Month total                                     $182

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. 7B/G/113656 is the state's own key, not one this site invented.