SNELL, M. L.

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

Oil lease lease 64806District 8AField 00448200NGPA filingOilCasinghead gasSaveExport
Value, all time
$480 k
Jan 1993 – Mar 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
123
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 350 leases and 843 wells, and the rule below applies to all of them.

Discovered
1954-06-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
900 ft
minimum
From a lease line
550 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2017-01-24.

The Commission's schedule remark for this field reads: RULES.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

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.

StreamBasisVolumeValue
OilDisposition28,347 bbl$479,825
Casinghead gasProduction2,296 Mcf$44
Total$479,869

2,278 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 32.5876, -101.7093. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.58763, -101.70934 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
9,242 ft
2 wells filed one
Completion to plug
16.7 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 9,215 and 9,268 ft, median 9,242 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1984 – Aug 1985
2 of 2 wells
Plug dates filed
Mar 2000 – Jan 2003
2 of 2 wells

Last completion to plug: a median of 16.7 years across the 2 wells that filed both dates, with the middle half between 15.7 years and 17.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1153215149,268 ftAug 1985Mar 2000Yes
42-1153185439,215 ftApr 1984Jan 2003Yes

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 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 200134024.685.34$839
Mar 20010024.545.38$0
Feb 200151027.755.77$1,415
Jan 20010027.478.40$0
Dec 200076026.889.12$2,043
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000116031.875.19$3,697
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 200067027.263.68$1,826
Apr 200087024.513.12$2,132
Mar 200089028.422.86$2,529
Feb 200087027.622.73$2,403
Jan 200079025.272.48$1,996
Dec 199995024.282.42$2,307
Nov 199995023.192.43$2,203
Oct 199995020.982.80$1,993
Sep 199987021.752.62$1,892
Aug 199983019.262.88$1,599
Jul 199994017.892.37$1,682
Jun 199996015.942.36$1,530
May 199987015.792.32$1,374
Apr 1999237015.102.21$3,579
Mar 1999176012.471.84$2,195
Feb 199918909.981.82$1,886
Jan 1999192010.381.90$1,993
Dec 199836609.201.77$3,367
Nov 1998386010.892.19$4,204
Oct 1998381012.421.97$4,732
Sep 1998192012.592.08$2,417
Aug 1998365011.301.91$4,125
Jul 1998369011.742.24$4,332
Jun 1998376111.242.24$4,228
May 1998349112.622.21$4,407
Apr 1998379113.042.51$4,945
Mar 1998381112.802.31$4,879
Feb 1998240113.952.30$3,350
Jan 1998363114.702.15$5,338
Dec 1997388116.322.41$6,335
Nov 1997371118.193.09$6,752
Oct 1997386119.253.15$7,434
Sep 1997373117.742.95$6,620
Aug 1997374117.862.55$6,682
Jul 1997380117.582.25$6,683
Jun 1997376117.242.26$6,485
May 1997382118.972.31$7,249
Apr 1997344117.882.08$6,153
Mar 1997504118.951.94$9,553
Feb 1997381120.492.21$7,809
Jan 1997345123.483.54$8,104
Dec 1996376123.32$8,768
Nov 1996391121.97$8,590
Oct 1996537123.31$12,517
Sep 1996387122.22$8,599
Aug 1996392120.26$7,942
Jul 1996387119.55$7,566
Jun 1996374118.73$7,005
May 1996541119.43$10,512
Apr 1996390121.51$8,389
Mar 1996390119.38$7,558
Feb 1996367116.98$6,232
Jan 1996395117.07$6,743
Dec 1995393117.19$6,756
Nov 1995548116.00$8,768
Oct 1995386115.43$5,956
Sep 1995392116.18$6,343
Aug 1995381115.92$6,066
Jul 1995370115.24$5,639
Jun 1995540116.41$8,861
May 1995378117.56$6,638
Apr 1995377117.73$6,684
Mar 1995381116.44$6,264
Feb 1995375116.58$6,218
Jan 1995483115.92$7,689
Dec 1994240115.03$3,607
Nov 1994345115.90$5,486
Oct 1994405115.58$6,310
Sep 1994179115.29$2,737
Aug 1994189116.13$3,049
Jul 1994187117.56$3,284
Jun 1994172117.09$2,939
May 1994185115.88$2,938
Apr 1994203114.14$2,870
Mar 1994193112.46$2,405
Feb 1994206112.50$2,575
Jan 1994204112.66$2,583
Dec 199348314612.33$5,955
Nov 199318013714.49$2,608
Oct 199327911015.85$4,422
Sep 199327712515.03$4,163
Aug 199326917615.66$4,213
Jul 199351229215.46$7,916
Jun 199348727316.79$8,177
May 199340821717.68$7,213
Apr 199382426018.05$14,873
Mar 199328117018.14$5,097
Feb 199324912517.90$4,457
Jan 199349621116.93$8,397

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.

Apr 2001 — as filed, then multipliedworked
Oil                   34 bbl  × $ 24.68 =       $839
Casinghead gas         0 Mcf  × $  5.34 =         $0

────────────────────────────────────────────────────
Month total                                     $839

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/64806 is the state's own key, not one this site invented.