SMITH, E. E. JR. ESTATE

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

Operated by HOPCO OPERATING, INC. (P-5 399596) in the FIRST SHOT (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12612District 01Field 30967100Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.6 M

Jan 1993 – Apr 2013

Value, last 12 filed months

at the published price for each month

Months reported

244

no gaps in the span

Streams

oil, casinghead gas

The FIRST SHOT (AUSTIN CHALK) 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 106 leases and 119 wells, and the rule below applies to all of them.

Discovered

1990-08-20

as the register files it

Field class

Oil

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

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

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “6 MONTH EXCEPTION TO SWR 51 (A)”

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	92,854 bbl	$1,549,193
Casinghead gas	Production	57,596 Mcf	$36,644
Total			$1,585,837

39,664 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 (4)

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 29.1927, -97.6421. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.4 miles.

29.19456, -97.63556 · 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%

4 of 4 wells

With a plug date

100.0%

4 of 4 wells

Median depth

12,289 ft

4 wells filed one

Completion to plug

23.8 years

median over 4 wells

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

4100.0%

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

4100.0%

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 11,369 and 13,018 ft, median 12,289 ft, over the 4 wells that filed a depth.

Completions filed

May 1990 – Nov 1991

4 of 4 wells

Plug dates filed

Dec 2003 – Apr 2019

4 of 4 wells

Last completion to plug: a median of 23.8 years across the 4 wells that filed both dates, with the middle half between 18.0 years and 28.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-17731940	5H	12,690 ft	Nov 1991	Dec 2003	Yes
42-17731923	4H	13,018 ft	Aug 1991	Aug 2011	Yes
42-17731870	2H	11,887 ft	Jun 1991	Feb 2019	Yes
42-17731769	1H	11,369 ft	May 1990	Apr 2019	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 (244)

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

244 months


Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	138	0	83.40	4.15	$11,509
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
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	1	39.86	6.75	$7
Nov 2004	0	1	45.28	6.33	$6
Oct 2004	0	1	49.70	6.52	$7
Sep 2004	0	1	43.24	5.28	$5
Aug 2004	164	1	42.37	5.55	$6,954
Jul 2004	0	1	38.28	6.08	$6
Jun 2004	0	1	36.10	6.43	$6
May 2004	0	1	37.48	6.49	$6
Apr 2004	161	1	34.47	5.86	$5,556
Mar 2004	160	1	34.36	5.53	$5,503
Feb 2004	0	1	32.45	5.51	$6
Jan 2004	185	1	32.03	6.30	$5,932
Dec 2003	0	1	30.26	6.30	$6
Nov 2003	174	1	28.80	4.60	$5,016
Oct 2003	0	1	28.17	4.76	$5
Sep 2003	0	1	26.31	4.75	$5
Aug 2003	162	1	29.76	5.13	$4,826
Jul 2003	164	1	29.41	5.17	$4,828
Jun 2003	0	1	28.56	5.98	$6
May 2003	0	1	26.59	5.97	$6
Apr 2003	167	1	26.67	5.41	$4,459
Mar 2003	167	1	31.14	6.10	$5,206
Feb 2003	0	1	33.48	7.93	$8
Jan 2003	172	1	30.31	5.58	$5,219
Dec 2002	178	1	26.91	4.85	$4,795
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	177	1	26.46	4.23	$4,688
Sep 2002	180	1	27.44	3.64	$4,943
Aug 2002	0	1	25.96	3.16	$3
Jul 2002	167	1	24.58	3.06	$4,108
Jun 2002	0	1	23.73	3.34	$3
May 2002	182	1	24.66	3.58	$4,492
Apr 2002	157	1	23.65	3.51	$3,717
Mar 2002	170	1	22.00	3.10	$3,743
Feb 2002	0	1	18.22	2.38	$2
Jan 2002	342	1	17.17	2.38	$5,875
Dec 2001	0	1	16.93	2.36	$2
Nov 2001	179	1	18.07	2.41	$3,237
Oct 2001	178	1	19.78	2.53	$3,523
Sep 2001	478	1	24.26	2.25	$11,599
Aug 2001	352	1	24.87	3.05	$8,757
Jul 2001	0	1	23.93	3.20	$3
Jun 2001	172	1	24.56	3.82	$4,228
May 2001	660	1	25.52	4.31	$16,848
Apr 2001	173	1	24.68	5.34	$4,275
Mar 2001	0	1	24.54	5.38	$5
Feb 2001	503	1	27.75	5.77	$13,964
Jan 2001	333	1	27.47	8.40	$9,156
Dec 2000	186	1	26.88	9.12	$5,009
Nov 2000	159	1	32.21	5.66	$5,127
Oct 2000	333	1	31.23	5.15	$10,405
Sep 2000	182	1	31.87	5.19	$5,806
Aug 2000	154	1	29.64	4.54	$4,569
Jul 2000	0	1	28.53	4.09	$4
Jun 2000	358	1	29.30	4.40	$10,494
May 2000	475	1	27.26	3.68	$12,952
Apr 2000	177	1	24.51	3.12	$4,341
Mar 2000	335	1	28.42	2.86	$9,524
Feb 2000	179	62	27.62	2.73	$5,113
Jan 2000	481	852	25.27	2.48	$14,268
Dec 1999	215	472	24.28	2.42	$6,364
Nov 1999	288	1	23.19	2.43	$6,681
Oct 1999	314	1	20.98	2.80	$6,591
Sep 1999	316	1	21.75	2.62	$6,876
Aug 1999	463	95	19.26	2.88	$9,191
Jul 1999	381	406	17.89	2.37	$7,779
Jun 1999	653	552	15.94	2.36	$11,713
May 1999	331	909	15.79	2.32	$7,336
Apr 1999	562	1,247	15.10	2.21	$11,240
Mar 1999	682	1,968	12.47	1.84	$12,122
Feb 1999	856	1,884	9.98	1.82	$11,968
Jan 1999	1,531	2,562	10.38	1.90	$20,759
Dec 1998	2,779	2,742	9.20	1.77	$30,429
Nov 1998	1,478	2,933	10.89	2.19	$22,506
Oct 1998	1,855	1,167	12.42	1.97	$25,337
Sep 1998	1,856	1	12.59	2.08	$23,369
Aug 1998	1,715	1	11.30	1.91	$19,381
Jul 1998	2,234	1	11.74	2.24	$26,229
Jun 1998	265	1	11.24	2.24	$2,981
May 1998	2,088	1	12.62	2.21	$26,353
Apr 1998	2,561	1	13.04	2.51	$33,398
Mar 1998	2,729	1	12.80	2.31	$34,934
Feb 1998	2,684	1	13.95	2.30	$37,444
Jan 1998	1,704	1	14.70	2.15	$25,051
Dec 1997	521	1	16.32	2.41	$8,505
Nov 1997	488	1	18.19	3.09	$8,880
Oct 1997	511	1	19.25	3.15	$9,840
Sep 1997	351	1	17.74	2.95	$6,230
Aug 1997	167	1	17.86	2.55	$2,985
Jul 1997	831	1	17.58	2.25	$14,611
Jun 1997	359	1	17.24	2.26	$6,191
May 1997	691	1	18.97	2.31	$13,111
Apr 1997	701	1	17.88	2.08	$12,536
Mar 1997	529	1	18.95	1.94	$10,026
Feb 1997	354	1	20.49	2.21	$7,256
Jan 1997	724	1	23.48	3.54	$17,003
Dec 1996	340	1	23.32	—	$7,929
Nov 1996	526	1	21.97	—	$11,556
Oct 1996	706	1	23.31	—	$16,457
Sep 1996	527	1	22.22	—	$11,710
Aug 1996	542	1	20.26	—	$10,981
Jul 1996	703	1	19.55	—	$13,744
Jun 1996	535	1	18.73	—	$10,021
May 1996	714	1	19.43	—	$13,873
Apr 1996	536	1	21.51	—	$11,529
Mar 1996	691	1	19.38	—	$13,392
Feb 1996	516	1	16.98	—	$8,762
Jan 1996	882	1	17.07	—	$15,056
Dec 1995	750	15	17.19	—	$12,893
Nov 1995	1,298	775	16.00	—	$20,768
Oct 1995	542	584	15.43	—	$8,363
Sep 1995	521	272	16.18	—	$8,430
Aug 1995	549	437	15.92	—	$8,740
Jul 1995	947	833	15.24	—	$14,432
Jun 1995	752	594	16.41	—	$12,340
May 1995	1,105	835	17.56	—	$19,404
Apr 1995	914	997	17.73	—	$16,205
Mar 1995	378	188	16.44	—	$6,214
Feb 1995	726	658	16.58	—	$12,037
Jan 1995	1,115	881	15.92	—	$17,751
Dec 1994	764	555	15.03	—	$11,483
Nov 1994	944	684	15.90	—	$15,010
Oct 1994	968	616	15.58	—	$15,081
Sep 1994	1,165	574	15.29	—	$17,813
Aug 1994	1,351	772	16.13	—	$21,792
Jul 1994	1,122	587	17.56	—	$19,702
Jun 1994	988	799	17.09	—	$16,885
May 1994	1,140	731	15.88	—	$18,103
Apr 1994	1,075	706	14.14	—	$15,201
Mar 1994	912	785	12.46	—	$11,364
Feb 1994	953	1,066	12.50	—	$11,913
Jan 1994	1,173	1,303	12.66	—	$14,850
Dec 1993	982	1,293	12.33	—	$12,108
Nov 1993	802	1,118	14.49	—	$11,621
Oct 1993	1,274	1,421	15.85	—	$20,193
Sep 1993	993	1,432	15.03	—	$14,925
Aug 1993	1,174	2,042	15.66	—	$18,385
Jul 1993	1,775	2,052	15.46	—	$27,442
Jun 1993	1,532	2,324	16.79	—	$25,722
May 1993	1,948	3,045	17.68	—	$34,441
Apr 1993	2,185	2,169	18.05	—	$39,439
Mar 1993	1,072	2,439	18.14	—	$19,446
Feb 1993	2,149	2,340	17.90	—	$38,467
Jan 1993	1,417	1,730	16.93	—	$23,990

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.

Aug 2011 — as filed, then multipliedworked

Oil                  138 bbl  × $ 83.40 =    $11,509
Casinghead gas         0 Mcf  × $  4.15 =         $0

────────────────────────────────────────────────────
Month total                                  $11,509

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/12612 is the state's own key, not one this site invented.