SMITH

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

Operated by CACTUS GAS & OIL, INC. (P-5 122135) in the FAIRFIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10707District 01Field 30007001OilCasinghead gasSave Export

Value, all time

$137 k

Jan 1993 – Mar 2008

Value, last 12 filed months

at the published price for each month

Months reported

183

no gaps in the span

Streams

oil, casinghead gas

The FAIRFIELD 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 434 leases and 1,614 wells, and the rule below applies to all of them.

Discovered

1938-01-19

as the register files it

Field class

Oil and gas

the register's own label

Between wells

300 ft

minimum

From a lease line

150 ft

minimum

A drilling unit in this field needs at least 2 acres.

The Commission's schedule remark for this field reads: “QUESTIONNAIRE OR STATEMENT OF MARKET CONDITIONS.”

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	7,657 bbl	$136,716
Casinghead gas	Production	124 Mcf	$260
Total			$136,976

48 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 (9)

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 29.2677, -98.7724. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

29.26766, -98.77237 · 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

0.0%

0 of 9 wells

With a plug date

0.0%

0 of 9 wells

Median depth

1,300 ft

9 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

00.0%

A plug date is filed

00.0%

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

00.0%

NeitherNo plug date, and not on the schedule.

9100.0%

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

Total depth in feet, 9 of 9 wells. Median 1,300 ft, with the middle half between 1,299 and 1,300 ft; the shallowest is 1,296 ft and the deepest 1,301 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 6 of 9 wells, Nov 1985. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Nov 1985

6 of 9 wells; 3 filed none

9 wells


42-02936729	13	1,299 ft	—	—	—
42-02936877	11	1,299 ft	—	—	—
42-02936943	3	1,296 ft	—	—	—
42-02936730	9	1,300 ft	Nov 1985	—	—
42-02936882	12	1,300 ft	Nov 1985	—	—
42-02936883	8	1,300 ft	Nov 1985	—	—
42-02936799	5	1,300 ft	Nov 1985	—	—
42-02936802	1	1,301 ft	Nov 1985	—	—
42-02936803	2	1,300 ft	Nov 1985	—	—

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


Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	246	0	28.17	4.76	$6,930
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	1	28.56	5.98	$6
May 2003	0	1	26.59	5.97	$6
Apr 2003	0	1	26.67	5.41	$5
Mar 2003	0	1	31.14	6.10	$6
Feb 2003	0	1	33.48	7.93	$8
Jan 2003	0	1	30.31	5.58	$6
Dec 2002	0	1	26.91	4.85	$5
Nov 2002	0	1	24.66	4.14	$4
Oct 2002	0	1	26.46	4.23	$4
Sep 2002	0	1	27.44	3.64	$4
Aug 2002	0	1	25.96	3.16	$3
Jul 2002	36	1	24.58	3.06	$888
Jun 2002	0	1	23.73	3.34	$3
May 2002	0	1	24.66	3.58	$4
Apr 2002	44	1	23.65	3.51	$1,044
Mar 2002	0	1	22.00	3.10	$3
Feb 2002	0	1	18.22	2.38	$2
Jan 2002	70	0	17.17	2.38	$1,202
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	1	18.07	2.41	$2
Oct 2001	42	1	19.78	2.53	$833
Sep 2001	49	1	24.26	2.25	$1,191
Aug 2001	42	1	24.87	3.05	$1,048
Jul 2001	36	1	23.93	3.20	$865
Jun 2001	51	1	24.56	3.82	$1,256
May 2001	52	1	25.52	4.31	$1,331
Apr 2001	48	1	24.68	5.34	$1,190
Mar 2001	39	1	24.54	5.38	$962
Feb 2001	61	1	27.75	5.77	$1,699
Jan 2001	83	1	27.47	8.40	$2,288
Dec 2000	0	1	26.88	9.12	$9
Nov 2000	37	1	32.21	5.66	$1,197
Oct 2000	0	1	31.23	5.15	$5
Sep 2000	32	1	31.87	5.19	$1,025
Aug 2000	0	1	29.64	4.54	$5
Jul 2000	53	1	28.53	4.09	$1,516
Jun 2000	0	1	29.30	4.40	$4
May 2000	59	1	27.26	3.68	$1,612
Apr 2000	0	1	24.51	3.12	$3
Mar 2000	57	1	28.42	2.86	$1,623
Feb 2000	0	1	27.62	2.73	$3
Jan 2000	54	1	25.27	2.48	$1,367
Dec 1999	43	1	24.28	2.42	$1,046
Nov 1999	42	1	23.19	2.43	$976
Oct 1999	31	1	20.98	2.80	$653
Sep 1999	36	1	21.75	2.62	$786
Aug 1999	51	1	19.26	2.88	$985
Jul 1999	42	1	17.89	2.37	$754
Jun 1999	46	1	15.94	2.36	$736
May 1999	87	1	15.79	2.32	$1,376
Apr 1999	0	1	15.10	2.21	$2
Mar 1999	96	1	12.47	1.84	$1,199
Feb 1999	88	1	9.98	1.82	$880
Jan 1999	48	1	10.38	1.90	$500
Dec 1998	47	1	9.20	1.77	$434
Nov 1998	46	1	10.89	2.19	$503
Oct 1998	121	1	12.42	1.97	$1,505
Sep 1998	82	1	12.59	2.08	$1,034
Aug 1998	90	1	11.30	1.91	$1,019
Jul 1998	92	1	11.74	2.24	$1,082
Jun 1998	106	1	11.24	2.24	$1,194
May 1998	75	1	12.62	2.21	$949
Apr 1998	228	1	13.04	2.51	$2,976
Mar 1998	178	1	12.80	2.31	$2,281
Feb 1998	120	1	13.95	2.30	$1,676
Jan 1998	208	1	14.70	2.15	$3,060
Dec 1997	131	1	16.32	2.41	$2,140
Nov 1997	107	1	18.19	3.09	$1,949
Oct 1997	147	1	19.25	3.15	$2,833
Sep 1997	147	1	17.74	2.95	$2,611
Aug 1997	102	1	17.86	2.55	$1,824
Jul 1997	65	1	17.58	2.25	$1,145
Jun 1997	29	1	17.24	2.26	$502
May 1997	68	1	18.97	2.31	$1,292
Apr 1997	59	1	17.88	2.08	$1,057
Mar 1997	74	1	18.95	1.94	$1,404
Feb 1997	144	1	20.49	2.21	$2,953
Jan 1997	0	1	23.48	3.54	$4
Dec 1996	78	1	23.32	—	$1,819
Nov 1996	77	1	21.97	—	$1,692
Oct 1996	132	1	23.31	—	$3,077
Sep 1996	72	1	22.22	—	$1,600
Aug 1996	78	1	20.26	—	$1,580
Jul 1996	78	1	19.55	—	$1,525
Jun 1996	78	1	18.73	—	$1,461
May 1996	56	1	19.43	—	$1,088
Apr 1996	57	1	21.51	—	$1,226
Mar 1996	66	1	19.38	—	$1,279
Feb 1996	66	1	16.98	—	$1,121
Jan 1996	92	1	17.07	—	$1,570
Dec 1995	0	1	17.19	—	$0
Nov 1995	49	1	16.00	—	$784
Oct 1995	59	1	15.43	—	$910
Sep 1995	55	1	16.18	—	$890
Aug 1995	67	1	15.92	—	$1,067
Jul 1995	90	1	15.24	—	$1,372
Jun 1995	0	1	16.41	—	$0
May 1995	87	1	17.56	—	$1,528
Apr 1995	76	1	17.73	—	$1,347
Mar 1995	95	1	16.44	—	$1,562
Feb 1995	112	1	16.58	—	$1,857
Jan 1995	53	1	15.92	—	$844
Dec 1994	0	1	15.03	—	$0
Nov 1994	98	1	15.90	—	$1,558
Oct 1994	132	1	15.58	—	$2,057
Sep 1994	0	1	15.29	—	$0
Aug 1994	134	1	16.13	—	$2,161
Jul 1994	0	1	17.56	—	$0
Jun 1994	128	1	17.09	—	$2,188
May 1994	0	1	15.88	—	$0
Apr 1994	139	1	14.14	—	$1,965
Mar 1994	149	1	12.46	—	$1,857
Feb 1994	0	1	12.50	—	$0
Jan 1994	0	1	12.66	—	$0
Dec 1993	0	1	12.33	—	$0
Nov 1993	128	1	14.49	—	$1,855
Oct 1993	120	1	15.85	—	$1,902
Sep 1993	0	1	15.03	—	$0
Aug 1993	122	1	15.66	—	$1,911
Jul 1993	139	1	15.46	—	$2,149
Jun 1993	0	1	16.79	—	$0
May 1993	138	1	17.68	—	$2,440
Apr 1993	155	1	18.05	—	$2,798
Mar 1993	135	1	18.14	—	$2,449
Feb 1993	0	1	17.90	—	$0
Jan 1993	0	1	16.93	—	$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.

Oct 2003 — as filed, then multipliedworked

Oil                  246 bbl  × $ 28.17 =     $6,930
Casinghead gas         0 Mcf  × $  4.76 =         $0

────────────────────────────────────────────────────
Month total                                   $6,930

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. 01/O/10707 is the state's own key, not one this site invented.