REED 116

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

Gas lease lease 147650District 7CField 81267333CondensateGasSave
Value, all time
$1.4 M
Nov 1993 – Jan 2009
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
183
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition1,814 bbl$42,091
GasProduction782,614 Mcf$1,312,608
Total$1,354,699

462,644 Mcf of this lease's gas, across 38 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 30.4404, -100.6824. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.44039, -100.68243 · 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
6,600 ft
1 wells filed one
Completion to plug
15.1 years
median over 1 wells

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 6,600 ft.

Completions filed
Dec 1993
1 of 1 wells
Plug dates filed
Jan 2009
1 of 1 wells

Last completion to plug: a median of 15.1 years across the 1 well that filed both dates, with the middle half between 15.1 years and 15.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-43534045106,600 ftDec 1993Jan 2009Yes

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 (183)

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

183 months

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 20081250123.1711.57$3,017
Apr 20081513110.3110.45$5,474
Mar 20081662101.909.66$6,500
Feb 2008270792.538.77$6,386
Jan 2008282290.388.21$6,926
Dec 200731,08788.337.30$8,202
Nov 200741,17491.677.29$8,927
Oct 200721,25682.856.92$8,860
Sep 20070075.846.24$0
Aug 200708169.066.39$517
Jul 200721,16970.906.39$7,609
Jun 200721,28662.007.55$9,831
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 200607554.207.62$571
Oct 2006245954.906.01$2,870
Sep 200651,50960.085.04$7,902
Aug 200651,47168.717.34$11,141
Jul 200631,18469.376.34$7,718
Jun 2006378366.286.38$5,197
May 200681,67466.016.42$11,284
Apr 200681,56464.397.36$12,027
Mar 200691,53456.707.08$11,376
Feb 200631,48257.597.75$11,660
Jan 200671,68760.598.93$15,495
Dec 200581,94954.9413.42$26,586
Nov 200571,62654.6910.59$17,600
Oct 200561,73058.3413.80$24,217
Sep 200591,73361.4512.08$21,486
Aug 200571,81261.519.80$18,182
Jul 2005101,80655.697.84$14,723
Jun 200561,97552.337.38$14,892
May 2005101,73945.226.65$12,019
Apr 2005131,74149.207.36$13,454
Mar 200571,86250.377.15$13,675
Feb 200551,62645.226.31$10,489
Jan 2005498443.166.32$6,394
Dec 200471,82539.866.75$12,600
Nov 200482,26445.286.33$14,694
Oct 2004162,65749.706.52$18,106
Sep 200481,71443.245.28$9,403
Aug 200481,79542.375.55$10,302
Jul 200481,86538.286.08$11,653
Jun 2004122,10736.106.43$13,988
May 2004122,17137.486.49$14,549
Apr 200492,01234.475.86$12,097
Mar 200482,09434.365.53$11,855
Feb 200471,89832.455.51$10,684
Jan 200452,10432.036.30$13,415
Dec 200372,15330.266.30$13,779
Nov 200372,01828.804.60$9,475
Oct 2003122,07428.174.76$10,210
Sep 2003121,89226.314.75$9,302
Aug 2003112,37029.765.13$12,485
Jul 200392,43429.415.17$12,851
Jun 2003112,45628.565.98$15,008
May 2003132,52826.595.97$15,445
Apr 200362,08526.675.41$11,434
Mar 20037031.146.10$218
Feb 200362,03233.487.93$16,306
Jan 200382,54830.315.58$14,466
Dec 200252,30926.914.85$11,342
Nov 200252,61724.664.14$10,950
Oct 2002113,33926.464.23$14,412
Sep 2002112,73627.443.64$10,248
Aug 2002113,85925.963.16$12,496
Jul 2002163,35624.583.06$10,669
Jun 2002112,87323.733.34$9,852
May 200271,55624.663.58$5,749
Apr 200282,26423.653.51$8,141
Mar 200252,41522.003.10$7,603
Feb 2002390518.222.38$2,205
Jan 200281,97717.172.38$4,834
Dec 2001102,08416.932.36$5,097
Nov 200161,95418.072.41$4,809
Oct 200191,89919.782.53$4,980
Sep 200142,11324.262.25$4,854
Aug 200141,75424.873.05$5,455
Jul 200142,05623.933.20$6,669
Jun 200191,96124.563.82$7,720
May 200192,00325.524.31$8,857
Apr 200191,96624.685.34$10,711
Mar 2001142,18524.545.38$12,091
Feb 2001111,83427.755.77$10,882
Jan 2001102,26027.478.40$19,256
Dec 2000102,30126.889.12$21,260
Nov 2000112,22632.215.66$12,949
Oct 2000102,30131.235.15$12,152
Sep 200052,21431.875.19$11,642
Aug 200092,19829.644.54$10,247
Jul 200052,27028.534.09$9,426
Jun 200092,25129.304.40$10,162
May 200092,27427.263.68$8,613
Apr 2000142,32124.513.12$7,575
Mar 2000102,49928.422.86$7,431
Feb 2000112,60727.622.73$7,412
Jan 2000102,75125.272.48$7,077
Dec 1999102,81124.282.42$7,056
Nov 199982,28423.192.43$5,745
Oct 1999132,29820.982.80$6,716
Sep 199992,44721.752.62$6,604
Aug 199982,69319.262.88$7,898
Jul 199992,85517.892.37$6,934
Jun 1999122,85415.942.36$6,933
May 199983,09515.792.32$7,310
Apr 1999123,17915.102.21$7,201
Mar 1999123,33512.471.84$6,280
Feb 1999122,7789.981.82$5,170
Jan 1999123,31210.381.90$6,417
Dec 1998123,3519.201.77$6,053
Nov 1998123,65810.892.19$8,126
Oct 1998133,82712.421.97$7,698
Sep 199883,79412.592.08$8,002
Aug 1998123,89211.301.91$7,559
Jul 199884,10611.742.24$9,280
Jun 1998114,00711.242.24$9,088
May 199884,30312.622.21$9,595
Apr 1998174,06013.042.51$10,393
Mar 1998134,14512.802.31$9,739
Feb 199883,72513.952.30$8,676
Jan 1998134,55114.702.15$9,998
Dec 1997174,58216.322.41$11,325
Nov 199784,79818.193.09$14,963
Oct 199795,05119.253.15$16,083
Sep 199744,96717.742.95$14,748
Aug 199705,00017.862.55$12,774
Jul 199745,10217.582.25$11,534
Jun 1997115,45917.242.26$12,512
May 1997155,47318.972.31$12,919
Apr 1997245,78317.882.08$12,474
Mar 1997166,10318.951.94$12,138
Feb 1997155,26720.492.21$11,926
Jan 1997146,42923.483.54$23,085
Dec 1996156,67723.32$350
Nov 199686,74321.97$176
Oct 199676,79923.31$163
Sep 1996167,27722.22$356
Aug 199677,34020.26$142
Jul 199687,59919.55$156
Jun 199678,01718.73$131
May 199689,67719.43$155
Apr 1996158,31021.51$323
Mar 1996169,42319.38$310
Feb 1996147,59516.98$238
Jan 199678,56017.07$119
Dec 1995159,58417.19$258
Nov 199509,61716.00$0
Oct 19951010,00215.43$154
Sep 1995010,07516.18$0
Aug 1995010,10015.92$0
Jul 199509,49215.24$0
Jun 1995119,19416.41$181
May 19951010,84717.56$176
Apr 1995010,94717.73$0
Mar 1995211,82716.44$33
Feb 1995011,40116.58$0
Jan 199507,57615.92$0
Dec 1994013,98115.03$0
Nov 1994013,81415.90$0
Oct 1994113,81715.58$16
Sep 1994014,06515.29$0
Aug 1994013,78316.13$0
Jul 19941017,67717.56$176
Jun 1994018,37617.09$0
May 19941019,78215.88$159
Apr 19943019,29514.14$424
Mar 199411222,87912.46$1,396
Feb 199412120,35612.50$1,513
Jan 199418526,69812.66$2,342
Dec 19937732,12512.33$949
Nov 199301,31714.49$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 2008 — as filed, then multipliedworked
Condensate             1 bbl  × $123.17 =       $123
Gas                  250 Mcf  × $ 11.57 =     $2,894

────────────────────────────────────────────────────
Month total                                   $3,017

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. 7C/G/147650 is the state's own key, not one this site invented.