SNEED

Operated by REH OIL AND GAS, LLC. (P-5 699280) in the MANGUM, NORTH (3200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15773District 7BField 57098500NGPA filingOilCasinghead gasSaveExport
Value, all time
$36 k
Jan 1993 – Dec 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
204
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 69 leases and 101 wells, and the rule below applies to all of them.

Discovered
1980-01-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1980-10-01.

The Commission's schedule remark for this field reads: EFF. 10/1/80.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition289 bbl$10,243
Casinghead gasProduction17,280 Mcf$25,669
Total$35,911

10,684 Mcf of this lease's gas, across 42 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 32.3554, -98.8982. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.35536, -98.89818 · 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
100.0%
2 of 2 wells
Median depth
3,595 ft
2 wells filed one
Completion to plug
38.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 3,425 and 3,764 ft, median 3,595 ft, over the 2 wells that filed a depth.

Completions filed
Dec 1980 – Jul 1995
2 of 2 wells
Plug dates filed
Apr 2026 – May 2026
2 of 2 wells

Last completion to plug: a median of 38.1 years across the 2 wells that filed both dates, with the middle half between 34.4 years and 41.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1333220013,764 ftJul 1995Apr 2026Yes
42-1333248923,425 ftDec 1980May 2026Yes

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 (204)

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

204 months

Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006124066.016.42$8,185
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 200404638.286.08$280
Jun 200408836.106.43$566
May 200409737.486.49$630
Apr 200409934.475.86$580
Mar 2004010434.365.53$575
Feb 2004011832.455.51$650
Jan 2004014732.036.30$926
Dec 2003011230.266.30$706
Nov 2003013528.804.60$620
Oct 2003012228.174.76$581
Sep 2003014626.314.75$693
Aug 2003010129.765.13$518
Jul 2003015329.415.17$791
Jun 2003010628.565.98$634
May 2003019826.595.97$1,183
Apr 2003013426.675.41$725
Mar 2003010531.146.10$640
Feb 200306333.487.93$499
Jan 2003014930.315.58$832
Dec 2002011626.914.85$563
Nov 200204224.664.14$174
Oct 200201226.464.23$51
Sep 2002018527.443.64$673
Aug 2002016425.963.16$519
Jul 2002016424.583.06$502
Jun 2002010523.733.34$351
May 2002015124.663.58$541
Apr 200204323.653.51$151
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 200103424.262.25$77
Aug 20010224.873.05$6
Jul 20010423.933.20$13
Jun 200107124.563.82$272
May 200106925.524.31$297
Apr 200109824.685.34$523
Mar 2001011124.545.38$597
Feb 2001012927.755.77$744
Jan 2001011527.478.40$966
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 20000925.272.48$22
Dec 199901924.282.42$46
Nov 19990523.192.43$12
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 199901215.942.36$28
May 199906515.792.32$151
Apr 199901715.102.21$38
Mar 19991653912.471.84$2,129
Feb 1999009.981.82$0
Jan 199907610.381.90$144
Dec 199801629.201.77$287
Nov 1998020510.892.19$448
Oct 1998019212.421.97$378
Sep 1998019512.592.08$406
Aug 1998022011.301.91$420
Jul 1998024011.742.24$537
Jun 1998025911.242.24$579
May 1998026912.622.21$594
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 1997020117.882.08$419
Mar 1997020218.951.94$392
Feb 1997019820.492.21$437
Jan 1997017323.483.54$612
Dec 1996011623.32$0
Nov 199604921.97$0
Oct 199604923.31$0
Sep 19960522.22$0
Aug 199608320.26$0
Jul 199606219.55$0
Jun 199607618.73$0
May 1996011319.43$0
Apr 1996020821.51$0
Mar 1996065519.38$0
Feb 1996062316.98$0
Jan 1996045917.07$0
Dec 1995059917.19$0
Nov 1995057616.00$0
Oct 1995065815.43$0
Sep 1995068116.18$0
Aug 1995078115.92$0
Jul 1995082015.24$0
Jun 1995087216.41$0
May 1995085617.56$0
Apr 1995014617.73$0
Mar 1995014116.44$0
Feb 1995013816.58$0
Jan 1995016515.92$0
Dec 1994016015.03$0
Nov 1994016215.90$0
Oct 1994026615.58$0
Sep 199406215.29$0
Aug 199407516.13$0
Jul 199409517.56$0
Jun 1994014917.09$0
May 1994018615.88$0
Apr 199403414.14$0
Mar 199406212.46$0
Feb 1994017312.50$0
Jan 199405212.66$0
Dec 199302012.33$0
Nov 199305714.49$0
Oct 1993016015.85$0
Sep 199303815.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930117.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930116.93$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.

May 2006 — as filed, then multipliedworked
Oil                  124 bbl  × $ 66.01 =     $8,185
Casinghead gas         0 Mcf  × $  6.42 =         $0

────────────────────────────────────────────────────
Month total                                   $8,185

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/O/15773 is the state's own key, not one this site invented.