SEARS ALEX 159

Operated by ANDERSON, JAMES K. INC. (P-5 22275) in the E. J. (GARDNER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16921District 7BField 26990750NGPA filingOilCasinghead gasSaveExport
Value, all time
$130 k
Jan 1993 – Nov 1996
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
47
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 3 leases and 4 wells, and the rule below applies to all of them.

Discovered
1967-11-01
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
NGPA1none

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
OilDisposition8,055 bbl$130,135
Casinghead gasProduction37,744 Mcf$0
Total$130,135

37,744 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 (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 32.1830, -100.0378. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18302, -100.03776 · 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%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
5,349 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
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

The one well that filed a depth was drilled to 5,349 ft.

Completions filed
Mar 2022
1 of 1 wells

1 well

42-4413150415,349 ftMar 2022Yes

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 (47)

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

47 months

Nov 19960021.97$0
Oct 19960023.31$0
Sep 199668022.22$1,511
Aug 19962020.26$41
Jul 19964019.55$78
Jun 1996017218.73$0
May 199617473219.43$3,381
Apr 199615063521.51$3,227
Mar 199617079919.38$3,295
Feb 199617575116.98$2,972
Jan 199617777117.07$3,021
Dec 199519277817.19$3,300
Nov 199518679916.00$2,976
Oct 199517686315.43$2,716
Sep 199518687916.18$3,009
Aug 19952061,01715.92$3,280
Jul 199519269315.24$2,926
Jun 199518391416.41$3,003
May 199518694417.56$3,266
Apr 199519487717.73$3,440
Mar 199517393916.44$2,844
Feb 199517472416.58$2,885
Jan 199519091015.92$3,025
Dec 199419893115.03$2,976
Nov 199419788415.90$3,132
Oct 199419293515.58$2,991
Sep 199418393415.29$2,798
Aug 19941821,00316.13$2,936
Jul 19941851,01717.56$3,249
Jun 19941931,00017.09$3,298
May 19941941,02115.88$3,081
Apr 19943491,00414.14$4,935
Mar 19941951,00312.46$2,430
Feb 199419088512.50$2,375
Jan 199419799312.66$2,494
Dec 19931961,00412.33$2,417
Nov 199319797314.49$2,855
Oct 19931981,00415.85$3,138
Sep 19933671,03315.03$5,516
Aug 19931871,10315.66$2,928
Jul 19931931,09415.46$2,984
Jun 19931891,13316.79$3,173
May 19931981,24917.68$3,501
Apr 199317182218.05$3,087
Mar 199318252018.14$3,301
Feb 199318996117.90$3,383
Jan 19931751,04116.93$2,963

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.

Sep 1996 — as filed, then multipliedworked
Oil                   68 bbl  × $ 22.22 =     $1,511
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $1,511

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/16921 is the state's own key, not one this site invented.