SMITH (R)

Operated by DRACHEN OIL COMPANY (P-5 227825) 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 14478District 01Field 30007001OilCasinghead gasSave
Value, all time
$730 k
Nov 2003 – May 2026
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
271
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition10,692 bbl$729,647
Casinghead gasProduction3 Mcf$11
Total$729,659

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

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

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

80s

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

42-02936729131,299 ft
42-02936877111,299 ft
42-0293694331,296 ft
42-0293673091,300 ftNov 1985
42-02936882121,300 ftNov 1985
42-0293688381,300 ftNov 1985
42-0293679951,300 ftNov 1985
42-0293680211,301 ftNov 1985
42-0293680321,300 ftNov 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 (271)

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

271 months

May 202600106.413.05$0
Apr 202679098.932.87$7,815
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026109059.138.00$6,445
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 202593062.743.08$5,835
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202598066.483.13$6,515
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025115067.704.27$7,786
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024135068.993.12$9,314
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202494079.932.15$7,513
Jun 20240078.082.63$0
May 202482078.812.20$6,462
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 202490076.091.78$6,848
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 2023133077.892.81$10,359
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023125080.522.67$10,065
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023127078.122.24$9,921
Mar 2023130072.852.39$9,471
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022119084.888.16$10,101
Aug 20220094.529.13$0
Jul 2022990101.587.54$10,056
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221110104.226.84$11,568
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 202197077.435.24$7,511
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 202173066.024.22$4,819
Jul 20210070.783.98$0
Jun 2021129069.493.38$8,964
May 202199063.483.02$6,285
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021124057.805.55$7,167
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020112038.772.71$4,342
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 2020129038.371.83$4,950
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020109049.881.98$5,437
Jan 20200057.252.09$0
Dec 2019108059.012.30$6,373
Nov 20190055.302.75$0
Oct 201999053.472.42$5,294
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 2019109056.272.46$6,133
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201980062.632.75$5,010
Mar 20190056.803.06$0
Feb 201985050.852.79$4,322
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 201899052.934.24$5,240
Oct 20180061.443.40$0
Sep 2018115059.543.11$6,847
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 201892060.183.08$5,537
May 2018104065.382.90$6,800
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 201887061.782.77$5,375
Jan 20180062.874.01$0
Dec 2017118057.272.92$6,758
Nov 20170055.423.12$0
Oct 2017148049.292.98$7,295
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017139043.873.09$6,098
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017110047.933.21$5,272
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 2017142049.413.42$7,016
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016142046.193.09$6,559
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016150041.622.92$6,243
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016150036.561.99$5,484
Mar 20160033.011.79$0
Feb 2016150026.472.06$3,971
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015135043.552.43$5,879
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015131056.152.88$7,356
May 20150055.212.96$0
Apr 2015135049.822.71$6,726
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 2015134043.433.10$5,820
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 201488078.303.90$6,890
Sep 20140086.164.05$0
Aug 2014114089.394.04$10,190
Jul 20140096.564.18$0
Jun 2014107098.164.74$10,503
May 201497094.734.73$9,189
Apr 20140095.944.81$0
Mar 2014138095.895.06$13,233
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 201350091.824.35$4,591
Nov 201399188.853.74$8,800
Oct 20130197.423.78$4
Sep 2013741104.113.72$7,708
Aug 201300104.253.52$0
Jul 2013820102.523.72$8,407
Jun 20130094.403.93$0
May 2013118094.834.15$11,190
Apr 20130093.964.28$0
Mar 2013122093.623.91$11,422
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012135086.773.42$11,714
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 2012101085.133.02$8,598
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20121020101.652.00$10,368
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012137098.092.73$13,438
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011121083.623.99$10,118
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011101092.904.64$9,383
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 2011129096.364.06$12,430
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 201054085.734.35$4,629
Nov 201074080.843.80$5,982
Oct 201030078.103.51$2,343
Sep 20100072.633.98$0
Aug 2010119073.684.42$8,768
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010111071.124.24$7,894
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 2010114073.585.44$8,388
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 2009104074.593.75$7,757
Oct 20090072.544.11$0
Sep 200989065.543.06$5,833
Aug 20090067.423.22$0
Jul 200985061.133.46$5,196
Jun 20090066.163.90$0
May 200976054.743.93$4,160
Apr 20090046.773.59$0
Mar 2009127042.144.06$5,352
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 200861055.496.86$3,385
Oct 20080075.246.92$0
Sep 2008620101.767.88$6,309
Aug 200800114.228.48$0
Jul 2008690131.0811.39$9,045
Jun 2008890131.3313.03$11,688
May 2008650123.1711.57$8,006
Apr 2008710110.3110.45$7,832
Mar 200800101.909.66$0
Feb 200879092.538.77$7,310
Jan 20080090.388.21$0
Dec 200762088.337.30$5,476
Nov 200782091.677.29$7,517
Oct 20070082.856.92$0
Sep 200782075.846.24$6,219
Aug 20070069.066.39$0
Jul 200752070.906.39$3,687
Jun 200753062.007.55$3,286
May 200751058.747.85$2,996
Apr 200749059.617.81$2,921
Mar 200755056.927.30$3,131
Feb 200742055.108.22$2,314
Jan 200747050.306.73$2,364
Dec 200641056.656.92$2,323
Nov 200653054.207.62$2,873
Oct 200649054.906.01$2,690
Sep 200653060.085.04$3,184
Aug 200652068.717.34$3,573
Jul 200654069.376.34$3,746
Jun 200650066.286.38$3,314
May 200655066.016.42$3,631
Apr 20060064.397.36$0
Mar 200664056.707.08$3,629
Feb 200655057.597.75$3,167
Jan 200656060.598.93$3,393
Dec 2005118054.9413.42$6,483
Nov 20050054.6910.59$0
Oct 200544058.3413.80$2,567
Sep 200560061.4512.08$3,687
Aug 200533061.519.80$2,030
Jul 200541055.697.84$2,283
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 200430045.286.33$1,358
Oct 20040049.706.52$0
Sep 200484043.245.28$3,632
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 200470037.486.49$2,624
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 200470032.455.51$2,272
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003218028.804.60$6,278

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 2026 — as filed, then multipliedworked
Oil                   79 bbl  × $ 98.93 =     $7,815
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $7,815

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/14478 is the state's own key, not one this site invented.