SNEED

Name: SNEED lease production and value, Nov 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by OGDEN RESOURCES CORPORATION (P-5 618970) in the NORDIC (DOG BEND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 160686District 7CField 65946300CondensateGasSave Export

Value, all time

$1.1 M

Nov 1996 – Sep 2017

Value, last 12 filed months

$29 k

at the published price for each month

Months reported

251

no gaps in the span

Streams

condensate, gas

The NORDIC (DOG BEND) 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 17 leases and 37 wells, and the rule below applies to all of them.

Discovered

1982-07-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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
Condensate	Disposition	5,701 bbl	$304,436
Gas	Production	173,895 Mcf	$843,649
Total			$1,148,085

57 Mcf of this lease's gas, across 2 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 31.8561, -99.7507. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.85606, -99.75071 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

4,000 ft

1 wells filed one

Completion to plug

33.4 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 4,000 ft.

Completions filed

Apr 1984

1 of 1 wells

Plug dates filed

Sep 2017

1 of 1 wells

Last completion to plug: a median of 33.4 years across the 1 well that filed both dates, with the middle half between 33.4 years and 33.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-39933062	1B	4,000 ft	Apr 1984	Sep 2017	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 (251)

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

251 months


Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	584	42.49	3.09	$1,803
May 2017	0	777	45.37	3.26	$2,536
Apr 2017	0	753	47.93	3.21	$2,418
Mar 2017	172	779	46.77	2.98	$10,369
Feb 2017	0	703	50.45	2.95	$2,076
Jan 2017	0	772	49.41	3.42	$2,639
Dec 2016	0	795	48.76	3.72	$2,960
Nov 2016	0	754	42.49	2.64	$1,994
Oct 2016	0	793	46.19	3.09	$2,451
Sep 2016	0	776	41.55	3.10	$2,406
Aug 2016	0	809	41.44	2.92	$2,366
Jul 2016	168	816	41.62	2.92	$9,378
Jun 2016	0	782	45.35	2.69	$2,100
May 2016	0	745	42.52	1.99	$1,483
Apr 2016	0	768	36.56	1.99	$1,529
Mar 2016	0	810	33.01	1.79	$1,453
Feb 2016	0	754	26.47	2.06	$1,556
Jan 2016	0	808	27.35	2.36	$1,910
Dec 2015	0	772	32.36	2.00	$1,545
Nov 2015	0	643	38.79	2.17	$1,394
Oct 2015	0	854	43.55	2.43	$2,072
Sep 2015	0	843	42.99	2.76	$2,325
Aug 2015	176	914	40.16	2.87	$9,694
Jul 2015	0	671	48.15	2.95	$1,976
Jun 2015	0	612	56.15	2.88	$1,764
May 2015	0	751	55.21	2.96	$2,220
Apr 2015	0	407	49.82	2.71	$1,102
Mar 2015	0	514	42.89	2.93	$1,508
Feb 2015	0	536	44.66	2.98	$1,595
Jan 2015	0	681	43.43	3.10	$2,112
Dec 2014	0	713	54.69	3.59	$2,561
Nov 2014	0	732	70.46	4.25	$3,112
Oct 2014	0	761	78.30	3.90	$2,969
Sep 2014	0	734	86.16	4.05	$2,969
Aug 2014	0	753	89.39	4.04	$3,038
Jul 2014	0	764	96.56	4.18	$3,193
Jun 2014	174	723	98.16	4.74	$20,505
May 2014	0	612	94.73	4.73	$2,893
Apr 2014	0	737	95.94	4.81	$3,544
Mar 2014	0	748	95.89	5.06	$3,782
Feb 2014	0	646	97.40	6.19	$4,000
Jan 2014	0	762	90.40	4.86	$3,704
Dec 2013	0	767	91.82	4.35	$3,340
Nov 2013	0	767	88.85	3.74	$2,867
Oct 2013	0	806	97.42	3.78	$3,046
Sep 2013	0	777	104.11	3.72	$2,889
Aug 2013	0	806	104.25	3.52	$2,839
Jul 2013	172	790	102.52	3.72	$20,570
Jun 2013	0	772	94.40	3.93	$3,037
May 2013	0	802	94.83	4.15	$3,328
Apr 2013	0	757	93.96	4.28	$3,242
Mar 2013	0	812	93.62	3.91	$3,177
Feb 2013	0	705	91.23	3.42	$2,411
Jan 2013	0	780	91.60	3.42	$2,668
Dec 2012	0	800	86.77	3.42	$2,736
Nov 2012	0	782	86.95	3.62	$2,835
Oct 2012	0	815	89.38	3.40	$2,771
Sep 2012	0	759	94.67	2.92	$2,215
Aug 2012	178	766	92.66	2.91	$18,721
Jul 2012	0	791	85.13	3.02	$2,389
Jun 2012	0	787	79.82	2.52	$1,982
May 2012	0	809	91.61	2.49	$2,013
Apr 2012	0	780	101.65	2.00	$1,558
Mar 2012	0	800	105.05	2.22	$1,778
Feb 2012	0	744	101.10	2.57	$1,912
Jan 2012	0	786	98.09	2.73	$2,149
Dec 2011	0	779	96.87	3.24	$2,524
Nov 2011	0	760	95.72	3.31	$2,517
Oct 2011	168	1,447	84.98	3.65	$19,556
Sep 2011	0	762	83.62	3.99	$3,037
Aug 2011	0	740	83.40	4.15	$3,071
Jul 2011	0	595	94.14	4.52	$2,688
Jun 2011	0	744	92.90	4.64	$3,452
May 2011	0	835	98.13	4.40	$3,678
Apr 2011	0	805	105.96	4.33	$3,488
Mar 2011	0	769	96.36	4.06	$3,120
Feb 2011	0	699	85.64	4.18	$2,922
Jan 2011	0	789	86.50	4.59	$3,621
Dec 2010	178	809	85.73	4.35	$18,777
Nov 2010	0	849	80.84	3.80	$3,222
Oct 2010	0	781	78.10	3.51	$2,740
Sep 2010	0	723	72.63	3.98	$2,877
Aug 2010	0	765	73.68	4.42	$3,381
Jul 2010	0	792	72.55	4.74	$3,751
Jun 2010	0	816	70.36	4.91	$4,007
May 2010	0	859	71.12	4.24	$3,638
Apr 2010	0	814	81.69	4.12	$3,356
Mar 2010	0	849	78.39	4.39	$3,726
Feb 2010	181	768	73.58	5.44	$17,498
Jan 2010	0	850	74.36	5.96	$5,069
Dec 2009	0	853	71.44	5.48	$4,678
Nov 2009	0	835	74.59	3.75	$3,133
Oct 2009	0	863	72.54	4.11	$3,547
Sep 2009	0	858	65.54	3.06	$2,630
Aug 2009	0	905	67.42	3.22	$2,913
Jul 2009	0	958	61.13	3.46	$3,319
Jun 2009	346	673	66.16	3.90	$25,513
May 2009	0	643	54.74	3.93	$2,524
Apr 2009	0	703	46.77	3.59	$2,522
Mar 2009	0	901	42.14	4.06	$3,657
Feb 2009	0	836	32.81	4.63	$3,873
Jan 2009	0	935	35.86	5.37	$5,022
Dec 2008	0	65	37.10	5.98	$389
Nov 2008	0	806	55.49	6.86	$5,529
Oct 2008	0	897	75.24	6.92	$6,209
Sep 2008	0	848	101.76	7.88	$6,680
Aug 2008	0	889	114.22	8.48	$7,541
Jul 2008	0	899	131.08	11.39	$10,239
Jun 2008	0	859	131.33	13.03	$11,195
May 2008	180	772	123.17	11.57	$31,106
Apr 2008	0	843	110.31	10.45	$8,813
Mar 2008	0	883	101.90	9.66	$8,533
Feb 2008	0	811	92.53	8.77	$7,113
Jan 2008	0	847	90.38	8.21	$6,950
Dec 2007	0	855	88.33	7.30	$6,243
Nov 2007	178	883	91.67	7.29	$22,756
Oct 2007	0	895	82.85	6.92	$6,195
Sep 2007	0	885	75.84	6.24	$5,526
Aug 2007	0	942	69.06	6.39	$6,017
Jul 2007	0	954	70.90	6.39	$6,094
Jun 2007	187	927	62.00	7.55	$18,591
May 2007	187	237	58.74	7.85	$12,844
Apr 2007	187	884	59.61	7.81	$18,047
Mar 2007	0	903	56.92	7.30	$6,594
Feb 2007	0	960	55.10	8.22	$7,887
Jan 2007	0	1,292	50.30	6.73	$8,691
Dec 2006	0	1,732	56.65	6.92	$11,983
Nov 2006	0	965	54.20	7.62	$7,351
Oct 2006	0	1,005	54.90	6.01	$6,044
Sep 2006	0	979	60.08	5.04	$4,931
Aug 2006	0	1,036	68.71	7.34	$7,604
Jul 2006	168	1,096	69.37	6.34	$18,606
Jun 2006	0	960	66.28	6.38	$6,129
May 2006	0	1,068	66.01	6.42	$6,862
Apr 2006	0	1,059	64.39	7.36	$7,795
Mar 2006	0	1,138	56.70	7.08	$8,060
Feb 2006	0	1,619	57.59	7.75	$12,549
Jan 2006	0	2,192	60.59	8.93	$19,582
Dec 2005	182	2,002	54.94	13.42	$36,857
Nov 2005	0	1,132	54.69	10.59	$11,986
Oct 2005	0	1,225	58.34	13.80	$16,900
Sep 2005	0	1,047	61.45	12.08	$12,647
Aug 2005	0	1,309	61.51	9.80	$12,824
Jul 2005	182	1,377	55.69	7.84	$20,936
Jun 2005	176	768	52.33	7.38	$14,879
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	45	50.37	7.15	$322
Feb 2005	0	48	45.22	6.31	$303
Jan 2005	0	60	43.16	6.32	$379
Dec 2004	0	288	39.86	6.75	$1,944
Nov 2004	0	434	45.28	6.33	$2,747
Oct 2004	0	469	49.70	6.52	$3,056
Sep 2004	0	483	43.24	5.28	$2,552
Aug 2004	0	604	42.37	5.55	$3,353
Jul 2004	0	828	38.28	6.08	$5,038
Jun 2004	0	591	36.10	6.43	$3,802
May 2004	0	313	37.48	6.49	$2,033
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	538	34.36	5.53	$2,975
Feb 2004	179	579	32.45	5.51	$8,999
Jan 2004	0	780	32.03	6.30	$4,914
Dec 2003	0	615	30.26	6.30	$3,876
Nov 2003	0	581	28.80	4.60	$2,670
Oct 2003	0	622	28.17	4.76	$2,961
Sep 2003	0	607	26.31	4.75	$2,883
Aug 2003	0	715	29.76	5.13	$3,668
Jul 2003	0	603	29.41	5.17	$3,118
Jun 2003	165	516	28.56	5.98	$7,800
May 2003	0	544	26.59	5.97	$3,249
Apr 2003	0	489	26.67	5.41	$2,644
Mar 2003	0	407	31.14	6.10	$2,481
Feb 2003	0	253	33.48	7.93	$2,005
Jan 2003	176	65	30.31	5.58	$5,697
Dec 2002	0	34	26.91	4.85	$165
Nov 2002	0	112	24.66	4.14	$463
Oct 2002	0	225	26.46	4.23	$952
Sep 2002	0	560	27.44	3.64	$2,036
Aug 2002	165	568	25.96	3.16	$6,081
Jul 2002	0	577	24.58	3.06	$1,767
Jun 2002	0	578	23.73	3.34	$1,930
May 2002	0	613	24.66	3.58	$2,197
Apr 2002	0	585	23.65	3.51	$2,055
Mar 2002	0	594	22.00	3.10	$1,843
Feb 2002	181	531	18.22	2.38	$4,559
Jan 2002	0	626	17.17	2.38	$1,487
Dec 2001	0	622	16.93	2.36	$1,471
Nov 2001	0	594	18.07	2.41	$1,429
Oct 2001	0	434	19.78	2.53	$1,098
Sep 2001	0	592	24.26	2.25	$1,333
Aug 2001	0	592	24.87	3.05	$1,807
Jul 2001	159	524	23.93	3.20	$5,480
Jun 2001	0	551	24.56	3.82	$2,107
May 2001	0	618	25.52	4.31	$2,662
Apr 2001	0	619	24.68	5.34	$3,303
Mar 2001	0	623	24.54	5.38	$3,350
Feb 2001	174	554	27.75	5.77	$8,023
Jan 2001	0	602	27.47	8.40	$5,056
Dec 2000	0	584	26.88	9.12	$5,328
Nov 2000	0	415	32.21	5.66	$2,348
Oct 2000	0	610	31.23	5.15	$3,139
Sep 2000	0	457	31.87	5.19	$2,370
Aug 2000	171	536	29.64	4.54	$7,502
Jul 2000	0	549	28.53	4.09	$2,245
Jun 2000	0	521	29.30	4.40	$2,291
May 2000	0	414	27.26	3.68	$1,523
Apr 2000	0	588	24.51	3.12	$1,832
Mar 2000	168	615	28.42	2.86	$6,533
Feb 2000	0	590	27.62	2.73	$1,609
Jan 2000	0	635	25.27	2.48	$1,575
Dec 1999	0	630	24.28	2.42	$1,527
Nov 1999	0	548	23.19	2.43	$1,334
Oct 1999	0	657	20.98	2.80	$1,842
Sep 1999	0	569	21.75	2.62	$1,490
Aug 1999	177	631	19.26	2.88	$5,224
Jul 1999	0	670	17.89	2.37	$1,589
Jun 1999	0	683	15.94	2.36	$1,613
May 1999	0	732	15.79	2.32	$1,699
Apr 1999	0	712	15.10	2.21	$1,572
Mar 1999	0	724	12.47	1.84	$1,331
Feb 1999	0	696	9.98	1.82	$1,265
Jan 1999	0	758	10.38	1.90	$1,440
Dec 1998	0	700	9.20	1.77	$1,241
Nov 1998	0	717	10.89	2.19	$1,567
Oct 1998	174	734	12.42	1.97	$3,606
Sep 1998	0	701	12.59	2.08	$1,460
Aug 1998	0	722	11.30	1.91	$1,377
Jul 1998	0	713	11.74	2.24	$1,595
Jun 1998	0	719	11.24	2.24	$1,609
May 1998	0	388	12.62	2.21	$856
Apr 1998	0	398	13.04	2.51	$997
Mar 1998	0	404	12.80	2.31	$933
Feb 1998	0	363	13.95	2.30	$835
Jan 1998	0	412	14.70	2.15	$888
Dec 1997	179	411	16.32	2.41	$3,912
Nov 1997	0	405	18.19	3.09	$1,251
Oct 1997	0	415	19.25	3.15	$1,307
Sep 1997	0	338	17.74	2.95	$999
Aug 1997	0	451	17.86	2.55	$1,152
Jul 1997	0	442	17.58	2.25	$993
Jun 1997	0	442	17.24	2.26	$998
May 1997	0	499	18.97	2.31	$1,152
Apr 1997	0	442	17.88	2.08	$921
Mar 1997	93	492	18.95	1.94	$2,716
Feb 1997	0	407	20.49	2.21	$898
Jan 1997	0	466	23.48	3.54	$1,650
Dec 1996	0	47	23.32	—	$0
Nov 1996	0	10	21.97	—	$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.

Jun 2017 — as filed, then multipliedworked

Condensate             0 bbl  × $ 42.49 =         $0
Gas                  584 Mcf  × $  3.09 =     $1,803

────────────────────────────────────────────────────
Month total                                   $1,803

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/160686 is the state's own key, not one this site invented.