SNYDER MINERAL TRUST 143

Name: SNYDER MINERAL TRUST 143 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by L.C.S. PRODUCTION COMPANY (P-5 479574) in the SMT (CROSS CUT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20715District 7BField 79310300NGPA filingOilCasinghead gasSave Export

Value, all time

$108 k

Jan 1993 – Feb 2002

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

110

no gaps in the span

Streams

oil, casinghead gas

The SMT (CROSS CUT) 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 2 wells, and the rule below applies to all of them.

Discovered

1984-01-20

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	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	5,973 bbl	$103,959
Casinghead gas	Production	5,159 Mcf	$3,798
Total			$107,757

3,574 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 (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 32.4420, -99.3405. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.44200, -99.34045 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

3,818 ft

2 wells filed one

Completion to plug

18.2 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 3,100 and 4,535 ft, median 3,818 ft, over the 2 wells that filed a depth.

Completions filed

Oct 1983

2 of 2 wells

Plug dates filed

Dec 2001

2 of 2 wells

Last completion to plug: a median of 18.2 years across the 2 wells that filed both dates, with the middle half between 18.2 years and 18.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-05934621	4	3,100 ft	Oct 1983	Dec 2001	Yes
42-05934247	3	4,535 ft	Oct 1983	Dec 2001	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 (110)

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

110 months


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	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	68	0	25.52	4.31	$1,735
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	96	0	28.53	4.09	$2,739
Jun 2000	0	0	29.30	4.40	$0
May 2000	146	0	27.26	3.68	$3,980
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	65	0	27.62	2.73	$1,795
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	50	0	24.28	2.42	$1,214
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	63	0	20.98	2.80	$1,322
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	3	17.89	2.37	$7
Jun 1999	169	6	15.94	2.36	$2,708
May 1999	0	2	15.79	2.32	$5
Apr 1999	0	1	15.10	2.21	$2
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	100	34	9.98	1.82	$1,060
Jan 1999	61	0	10.38	1.90	$633
Dec 1998	0	69	9.20	1.77	$122
Nov 1998	58	19	10.89	2.19	$673
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	58	49	12.59	2.08	$832
Aug 1998	110	27	11.30	1.91	$1,295
Jul 1998	0	64	11.74	2.24	$143
Jun 1998	0	80	11.24	2.24	$179
May 1998	0	80	12.62	2.21	$177
Apr 1998	0	70	13.04	2.51	$175
Mar 1998	92	67	12.80	2.31	$1,332
Feb 1998	0	65	13.95	2.30	$149
Jan 1998	0	76	14.70	2.15	$164
Dec 1997	76	9	16.32	2.41	$1,262
Nov 1997	0	80	18.19	3.09	$247
Oct 1997	0	66	19.25	3.15	$208
Sep 1997	83	83	17.74	2.95	$1,718
Aug 1997	120	79	17.86	2.55	$2,345
Jul 1997	25	81	17.58	2.25	$622
Jun 1997	0	81	17.24	2.26	$183
May 1997	0	84	18.97	2.31	$194
Apr 1997	87	74	17.88	2.08	$1,710
Mar 1997	60	78	18.95	1.94	$1,288
Feb 1997	0	74	20.49	2.21	$163
Jan 1997	108	84	23.48	3.54	$2,833
Dec 1996	68	51	23.32	—	$1,586
Nov 1996	55	71	21.97	—	$1,208
Oct 1996	87	71	23.31	—	$2,028
Sep 1996	75	57	22.22	—	$1,667
Aug 1996	110	66	20.26	—	$2,229
Jul 1996	0	61	19.55	—	$0
Jun 1996	125	77	18.73	—	$2,341
May 1996	186	64	19.43	—	$3,614
Apr 1996	138	64	21.51	—	$2,968
Mar 1996	0	76	19.38	—	$0
Feb 1996	92	29	16.98	—	$1,562
Jan 1996	187	50	17.07	—	$3,192
Dec 1995	0	53	17.19	—	$0
Nov 1995	90	58	16.00	—	$1,440
Oct 1995	100	94	15.43	—	$1,543
Sep 1995	118	66	16.18	—	$1,909
Aug 1995	89	61	15.92	—	$1,417
Jul 1995	110	74	15.24	—	$1,676
Jun 1995	120	69	16.41	—	$1,969
May 1995	105	74	17.56	—	$1,844
Apr 1995	0	81	17.73	—	$0
Mar 1995	85	69	16.44	—	$1,397
Feb 1995	91	92	16.58	—	$1,509
Jan 1995	82	79	15.92	—	$1,305
Dec 1994	101	72	15.03	—	$1,518
Nov 1994	124	51	15.90	—	$1,972
Oct 1994	75	63	15.58	—	$1,169
Sep 1994	80	53	15.29	—	$1,223
Aug 1994	80	57	16.13	—	$1,290
Jul 1994	82	41	17.56	—	$1,440
Jun 1994	81	52	17.09	—	$1,384
May 1994	90	54	15.88	—	$1,429
Apr 1994	80	72	14.14	—	$1,131
Mar 1994	150	106	12.46	—	$1,869
Feb 1994	56	86	12.50	—	$700
Jan 1994	60	86	12.66	—	$760
Dec 1993	65	124	12.33	—	$801
Nov 1993	60	76	14.49	—	$869
Oct 1993	62	89	15.85	—	$983
Sep 1993	58	105	15.03	—	$872
Aug 1993	60	137	15.66	—	$940
Jul 1993	146	143	15.46	—	$2,257
Jun 1993	76	66	16.79	—	$1,276
May 1993	71	88	17.68	—	$1,255
Apr 1993	106	79	18.05	—	$1,913
Mar 1993	131	91	18.14	—	$2,376
Feb 1993	125	87	17.90	—	$2,238
Jan 1993	146	89	16.93	—	$2,472

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 2001 — as filed, then multipliedworked

Oil                   68 bbl  × $ 25.52 =     $1,735
Casinghead gas         0 Mcf  × $  4.31 =         $0

────────────────────────────────────────────────────
Month total                                   $1,735

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/20715 is the state's own key, not one this site invented.