SEALY-SMITH

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

Operated by ENCON SERVICES, INC. (P-5 251903) in the LAKE COLEMAN (GARDNER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19778District 7BField 51408375NGPA filingOilCasinghead gasSave Export

Value, all time

$145 k

Jan 1993 – Mar 2005

Value, last 12 filed months

at the published price for each month

Months reported

147

no gaps in the span

Streams

oil, casinghead gas

The LAKE COLEMAN (GARDNER) 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 1 leases and 5 wells, and the rule below applies to all of them.

Discovered

1983-04-08

as the register files it

Field class

Oil

the register's own label

Between wells

1,200 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 1984-10-01.

The Commission's schedule remark for this field reads: “FLD. RULES PERMANENT PER DKT#7B-87381 EFF. 5/19/86.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	5	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	5,382 bbl	$90,475
Casinghead gas	Production	33,751 Mcf	$54,033
Total			$144,508

14,913 Mcf of this lease's gas, across 47 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 (5)

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 32.0477, -99.5091. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.04748, -99.50849 · 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%

5 of 5 wells

With a plug date

40.0%

2 of 5 wells

Median depth

3,377 ft

5 wells filed one

Completion to plug

23.1 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

240.0%

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

240.0%

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 3,318 and 4,400 ft, median 3,377 ft, over the 5 wells that filed a depth.

Completions filed

Jul 1983 – Jul 2000

5 of 5 wells

Plug dates filed

Dec 2004 – Mar 2011

2 of 5 wells; 3 filed none

Last completion to plug: a median of 23.1 years across the 2 wells that filed both dates, with the middle half between 22.3 years and 23.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells


42-08333370	3	3,377 ft	Jul 2000	—	Yes
42-08334114	10	3,840 ft	Jul 2000	—	Yes
42-08333446	4	4,400 ft	Jun 2000	—	Yes
42-08333447	5 G	3,318 ft	Jun 1986	Mar 2011	Yes
42-08333369	2	3,376 ft	Jul 1983	Dec 2004	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 (147)

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

147 months


Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	109	23.93	3.20	$348
Jun 2001	0	105	24.56	3.82	$402
May 2001	0	106	25.52	4.31	$457
Apr 2001	0	106	24.68	5.34	$566
Mar 2001	0	119	24.54	5.38	$640
Feb 2001	42	96	27.75	5.77	$1,719
Jan 2001	0	111	27.47	8.40	$932
Dec 2000	0	113	26.88	9.12	$1,031
Nov 2000	0	103	32.21	5.66	$583
Oct 2000	0	60	31.23	5.15	$309
Sep 2000	0	432	31.87	5.19	$2,241
Aug 2000	0	452	29.64	4.54	$2,052
Jul 2000	0	550	28.53	4.09	$2,249
Jun 2000	37	535	29.30	4.40	$3,437
May 2000	10	514	27.26	3.68	$2,164
Apr 2000	0	536	24.51	3.12	$1,670
Mar 2000	109	656	28.42	2.86	$4,974
Feb 2000	0	482	27.62	2.73	$1,314
Jan 2000	0	651	25.27	2.48	$1,615
Dec 1999	0	395	24.28	2.42	$957
Nov 1999	85	432	23.19	2.43	$3,023
Oct 1999	0	494	20.98	2.80	$1,385
Sep 1999	77	452	21.75	2.62	$2,858
Aug 1999	0	392	19.26	2.88	$1,127
Jul 1999	0	295	17.89	2.37	$700
Jun 1999	281	444	15.94	2.36	$5,528
May 1999	0	413	15.79	2.32	$959
Apr 1999	0	452	15.10	2.21	$998
Mar 1999	175	219	12.47	1.84	$2,585
Feb 1999	0	267	9.98	1.82	$485
Jan 1999	0	352	10.38	1.90	$669
Dec 1998	0	195	9.20	1.77	$346
Nov 1998	0	287	10.89	2.19	$627
Oct 1998	172	225	12.42	1.97	$2,579
Sep 1998	0	559	12.59	2.08	$1,164
Aug 1998	0	587	11.30	1.91	$1,120
Jul 1998	167	514	11.74	2.24	$3,111
Jun 1998	0	623	11.24	2.24	$1,394
May 1998	0	471	12.62	2.21	$1,039
Apr 1998	0	655	13.04	2.51	$1,641
Mar 1998	152	941	12.80	2.31	$4,119
Feb 1998	0	718	13.95	2.30	$1,651
Jan 1998	0	539	14.70	2.15	$1,161
Dec 1997	0	459	16.32	2.41	$1,107
Nov 1997	0	422	18.19	3.09	$1,303
Oct 1997	238	614	19.25	3.15	$6,515
Sep 1997	170	586	17.74	2.95	$4,747
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	0	17.24	2.26	$0
May 1997	173	0	18.97	2.31	$3,282
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	175	0	18.95	1.94	$3,316
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	0	0	23.48	3.54	$0
Dec 1996	173	0	23.32	—	$4,034
Nov 1996	94	21	21.97	—	$2,065
Oct 1996	0	2	23.31	—	$0
Sep 1996	0	188	22.22	—	$0
Aug 1996	0	182	20.26	—	$0
Jul 1996	0	162	19.55	—	$0
Jun 1996	0	108	18.73	—	$0
May 1996	0	228	19.43	—	$0
Apr 1996	0	295	21.51	—	$0
Mar 1996	0	361	19.38	—	$0
Feb 1996	65	242	16.98	—	$1,104
Jan 1996	0	306	17.07	—	$0
Dec 1995	0	259	17.19	—	$0
Nov 1995	182	288	16.00	—	$2,912
Oct 1995	0	296	15.43	—	$0
Sep 1995	0	166	16.18	—	$0
Aug 1995	0	157	15.92	—	$0
Jul 1995	0	195	15.24	—	$0
Jun 1995	178	170	16.41	—	$2,921
May 1995	0	265	17.56	—	$0
Apr 1995	0	218	17.73	—	$0
Mar 1995	176	243	16.44	—	$2,893
Feb 1995	0	226	16.58	—	$0
Jan 1995	173	236	15.92	—	$2,754
Dec 1994	0	278	15.03	—	$0
Nov 1994	0	269	15.90	—	$0
Oct 1994	174	271	15.58	—	$2,711
Sep 1994	0	263	15.29	—	$0
Aug 1994	178	48	16.13	—	$2,871
Jul 1994	0	264	17.56	—	$0
Jun 1994	69	273	17.09	—	$1,179
May 1994	0	297	15.88	—	$0
Apr 1994	173	274	14.14	—	$2,446
Mar 1994	0	310	12.46	—	$0
Feb 1994	178	321	12.50	—	$2,225
Jan 1994	176	329	12.66	—	$2,228
Dec 1993	0	385	12.33	—	$0
Nov 1993	181	305	14.49	—	$2,623
Oct 1993	0	310	15.85	—	$0
Sep 1993	174	263	15.03	—	$2,615
Aug 1993	0	312	15.66	—	$0
Jul 1993	174	322	15.46	—	$2,690
Jun 1993	179	700	16.79	—	$3,005
May 1993	0	802	17.68	—	$0
Apr 1993	116	739	18.05	—	$2,094
Mar 1993	159	865	18.14	—	$2,884
Feb 1993	185	854	17.90	—	$3,312
Jan 1993	162	1,045	16.93	—	$2,743

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.

Jul 2001 — as filed, then multipliedworked

Oil                    0 bbl  × $ 23.93 =         $0
Casinghead gas       109 Mcf  × $  3.20 =       $348

────────────────────────────────────────────────────
Month total                                     $348

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/19778 is the state's own key, not one this site invented.