SNOW-NANCE

Operated by SMITH PIPE OF ABILENE (P-5 794745) in the LAKE LEON (DUFFER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26559District 7BField 51491300Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$17 k
Jan 1993 – Mar 1998
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
63
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 98 leases and 108 wells, and the rule below applies to all of them.

Discovered
1976-02-18
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 1988-02-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: OPTIONS OF 20 AC W/1100 FT DIAG.

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
OilDisposition1,007 bbl$16,301
Casinghead gasProduction15,954 Mcf$1,134
Total$17,435

15,465 Mcf of this lease's gas, across 46 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 32.3967, -98.7482. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39670, -98.74823 · 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
100.0%
1 of 1 wells
Median depth
3,690 ft
1 wells filed one
Completion to plug
11.3 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 3,690 ft.

Completions filed
Oct 1986
1 of 1 wells
Plug dates filed
Jan 1998
1 of 1 wells

Last completion to plug: a median of 11.3 years across the 1 well that filed both dates, with the middle half between 11.3 years and 11.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1333696023,690 ftOct 1986Jan 1998Yes

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 (63)

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

63 months

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 199768019.253.15$1,309
Sep 199747217.742.95$840
Aug 199701317.862.55$33
Jul 199705517.582.25$124
Jun 199705317.242.26$120
May 199705018.972.31$115
Apr 199708417.882.08$175
Mar 199709518.951.94$184
Feb 199708120.492.21$179
Jan 199705623.483.54$198
Dec 199608123.32$0
Nov 199608921.97$0
Oct 1996229123.31$513
Sep 199609722.22$0
Aug 1996010320.26$0
Jul 199606519.55$0
Jun 19960018.73$0
May 199608019.43$0
Apr 199607321.51$0
Mar 199609619.38$0
Feb 1996013816.98$0
Jan 1996011117.07$0
Dec 1995011017.19$0
Nov 1995010616.00$0
Oct 1995019315.43$0
Sep 1995024616.18$0
Aug 1995032115.92$0
Jul 1995032815.24$0
Jun 1995034416.41$0
May 1995022417.56$0
Apr 1995016817.73$0
Mar 1995020016.44$0
Feb 1995022416.58$0
Jan 1995024815.92$0
Dec 1994034315.03$0
Nov 1994040215.90$0
Oct 19940015.58$0
Sep 1994046015.29$0
Aug 1994050416.13$0
Jul 199410750517.56$1,879
Jun 1994051117.09$0
May 1994050715.88$0
Apr 199414855714.14$2,093
Mar 1994061812.46$0
Feb 1994240012.50$25
Jan 1994046412.66$0
Dec 199314854112.33$1,825
Nov 1993059214.49$0
Oct 199316076615.85$2,536
Sep 1993080015.03$0
Aug 1993046915.66$0
Jul 1993049815.46$0
Jun 1993045716.79$0
May 199316551717.68$2,917
Apr 1993045218.05$0
Mar 1993049218.14$0
Feb 1993141917.90$18
Jan 199313945516.93$2,353

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.

Oct 1997 — as filed, then multipliedworked
Oil                   68 bbl  × $ 19.25 =     $1,309
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $1,309

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/26559 is the state's own key, not one this site invented.