SNELL, M. L.

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

Operated by EXCO RESOURCES, INC. (P-5 256931) in the ACKERLY, NORTH (CANYON REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 63937District 8AField 00450250NGPA filingOilCasinghead gasSave Export

Value, all time

$853 k

Jan 1993 – Mar 2003

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

123

no gaps in the span

Streams

oil, casinghead gas

The ACKERLY, NORTH (CANYON REEF) 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 19 leases and 23 wells, and the rule below applies to all of them.

Discovered

1958-08-03

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	45,047 bbl	$776,604
Casinghead gas	Production	43,121 Mcf	$76,242
Total			$852,846

17,749 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 (3)

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 32.5876, -101.7096. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.58794, -101.70981 · 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%

3 of 3 wells

With a plug date

100.0%

3 of 3 wells

Median depth

9,184 ft

3 wells filed one

Completion to plug

19.2 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

3100.0%

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

3100.0%

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 9,116 and 9,215 ft, median 9,184 ft, over the 3 wells that filed a depth.

Completions filed

Jun 1982 – Apr 1984

3 of 3 wells

Plug dates filed

Nov 2001 – Jan 2003

3 of 3 wells

Last completion to plug: a median of 19.2 years across the 3 wells that filed both dates, with the middle half between 19.0 years and 19.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-11531854	3	9,215 ft	Apr 1984	Jan 2003	Yes
42-11531728	2	9,184 ft	Sep 1982	Nov 2001	Yes
42-11531695	1	9,116 ft	Jun 1982	Jan 2003	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 (123)

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

123 months


Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	323	30.31	5.58	$1,803
Dec 2002	0	260	26.91	4.85	$1,262
Nov 2002	0	159	24.66	4.14	$658
Oct 2002	0	148	26.46	4.23	$626
Sep 2002	0	296	27.44	3.64	$1,076
Aug 2002	0	521	25.96	3.16	$1,649
Jul 2002	0	376	24.58	3.06	$1,151
Jun 2002	0	205	23.73	3.34	$684
May 2002	0	147	24.66	3.58	$527
Apr 2002	0	148	23.65	3.51	$520
Mar 2002	0	136	22.00	3.10	$422
Feb 2002	0	124	18.22	2.38	$295
Jan 2002	0	84	17.17	2.38	$200
Dec 2001	0	143	16.93	2.36	$338
Nov 2001	0	90	18.07	2.41	$217
Oct 2001	0	190	19.78	2.53	$480
Sep 2001	0	344	24.26	2.25	$774
Aug 2001	0	336	24.87	3.05	$1,026
Jul 2001	0	302	23.93	3.20	$966
Jun 2001	0	287	24.56	3.82	$1,098
May 2001	0	331	25.52	4.31	$1,426
Apr 2001	239	300	24.68	5.34	$7,499
Mar 2001	0	251	24.54	5.38	$1,349
Feb 2001	356	290	27.75	5.77	$11,551
Jan 2001	1	250	27.47	8.40	$2,127
Dec 2000	278	239	26.88	9.12	$9,653
Nov 2000	0	314	32.21	5.66	$1,777
Oct 2000	0	338	31.23	5.15	$1,739
Sep 2000	117	346	31.87	5.19	$5,523
Aug 2000	0	453	29.64	4.54	$2,057
Jul 2000	0	385	28.53	4.09	$1,575
Jun 2000	0	336	29.30	4.40	$1,477
May 2000	266	207	27.26	3.68	$8,013
Apr 2000	349	110	24.51	3.12	$8,897
Mar 2000	355	58	28.42	2.86	$10,255
Feb 2000	349	2	27.62	2.73	$9,645
Jan 2000	317	206	25.27	2.48	$8,522
Dec 1999	381	314	24.28	2.42	$10,012
Nov 1999	378	558	23.19	2.43	$10,124
Oct 1999	379	353	20.98	2.80	$8,941
Sep 1999	349	87	21.75	2.62	$7,819
Aug 1999	334	89	19.26	2.88	$6,689
Jul 1999	377	376	17.89	2.37	$7,637
Jun 1999	383	667	15.94	2.36	$7,681
May 1999	350	543	15.79	2.32	$6,787
Apr 1999	611	553	15.10	2.21	$10,447
Mar 1999	263	487	12.47	1.84	$4,175
Feb 1999	283	412	9.98	1.82	$3,573
Jan 1999	287	415	10.38	1.90	$3,768
Dec 1998	550	442	9.20	1.77	$5,844
Nov 1998	579	662	10.89	2.19	$7,752
Oct 1998	573	479	12.42	1.97	$8,060
Sep 1998	286	422	12.59	2.08	$4,480
Aug 1998	548	453	11.30	1.91	$7,056
Jul 1998	553	478	11.74	2.24	$7,562
Jun 1998	565	622	11.24	2.24	$7,742
May 1998	523	563	12.62	2.21	$7,842
Apr 1998	569	587	13.04	2.51	$8,890
Mar 1998	571	497	12.80	2.31	$8,457
Feb 1998	661	425	13.95	2.30	$10,198
Jan 1998	545	472	14.70	2.15	$9,029
Dec 1997	583	416	16.32	2.41	$10,518
Nov 1997	556	364	18.19	3.09	$11,238
Oct 1997	578	490	19.25	3.15	$12,670
Sep 1997	559	404	17.74	2.95	$11,110
Aug 1997	562	268	17.86	2.55	$10,722
Jul 1997	569	467	17.58	2.25	$11,052
Jun 1997	564	474	17.24	2.26	$10,793
May 1997	574	570	18.97	2.31	$12,205
Apr 1997	515	495	17.88	2.08	$10,239
Mar 1997	754	496	18.95	1.94	$15,250
Feb 1997	572	422	20.49	2.21	$12,651
Jan 1997	518	515	23.48	3.54	$13,986
Dec 1996	565	604	23.32	—	$13,176
Nov 1996	567	628	21.97	—	$12,457
Oct 1996	772	641	23.31	—	$17,995
Sep 1996	557	581	22.22	—	$12,377
Aug 1996	564	651	20.26	—	$11,427
Jul 1996	556	622	19.55	—	$10,870
Jun 1996	539	185	18.73	—	$10,095
May 1996	780	592	19.43	—	$15,155
Apr 1996	561	604	21.51	—	$12,067
Mar 1996	560	551	19.38	—	$10,853
Feb 1996	528	504	16.98	—	$8,965
Jan 1996	570	489	17.07	—	$9,730
Dec 1995	567	631	17.19	—	$9,747
Nov 1995	788	571	16.00	—	$12,608
Oct 1995	555	618	15.43	—	$8,564
Sep 1995	564	447	16.18	—	$9,126
Aug 1995	549	557	15.92	—	$8,740
Jul 1995	555	382	15.24	—	$8,458
Jun 1995	811	383	16.41	—	$13,309
May 1995	575	314	17.56	—	$10,097
Apr 1995	574	233	17.73	—	$10,177
Mar 1995	579	314	16.44	—	$9,519
Feb 1995	573	374	16.58	—	$9,500
Jan 1995	483	374	15.92	—	$7,689
Dec 1994	240	216	15.03	—	$3,607
Nov 1994	345	275	15.90	—	$5,486
Oct 1994	405	351	15.58	—	$6,310
Sep 1994	718	489	15.29	—	$10,978
Aug 1994	672	497	16.13	—	$10,839
Jul 1994	661	516	17.56	—	$11,607
Jun 1994	610	451	17.09	—	$10,425
May 1994	657	534	15.88	—	$10,433
Apr 1994	719	406	14.14	—	$10,167
Mar 1994	682	327	12.46	—	$8,498
Feb 1994	730	340	12.50	—	$9,125
Jan 1994	725	1	12.66	—	$9,179
Dec 1993	321	98	12.33	—	$3,958
Nov 1993	120	91	14.49	—	$1,739
Oct 1993	186	74	15.85	—	$2,948
Sep 1993	185	84	15.03	—	$2,781
Aug 1993	180	118	15.66	—	$2,819
Jul 1993	342	194	15.46	—	$5,287
Jun 1993	324	182	16.79	—	$5,440
May 1993	272	145	17.68	—	$4,809
Apr 1993	550	173	18.05	—	$9,928
Mar 1993	187	113	18.14	—	$3,392
Feb 1993	165	83	17.90	—	$2,954
Jan 1993	330	141	16.93	—	$5,587

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.

Jan 2003 — as filed, then multipliedworked

Oil                    0 bbl  × $ 30.31 =         $0
Casinghead gas       323 Mcf  × $  5.58 =     $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. 8A/O/63937 is the state's own key, not one this site invented.