SMITH HEIRS

Operated by TEXIAN OPERATING COMPANY, LLC (P-5 848681) in the SALT FLAT (EDWARDS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14820District 01Field 79905003OilSave
Value, all time
$12.4 M
May 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
229
no gaps in the span
Streams
1
oil

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
OilDisposition149,368 bbl$12,365,019
Total$12,365,019

Wells on this lease (10)

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 29.7155, -97.6322. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

29.71561, -97.63224 · 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
70.0%
7 of 10 wells
With a plug date
80.0%
8 of 10 wells
Median depth
2,779 ft
10 wells filed one
Completion to plug
18.1 years
median over 8 wells

What the state filed about each well

On the RRC proration schedule
770.0%
A plug date is filed
880.0%
BothOn the schedule and plugged. Neither fact cancels the other.
770.0%
NeitherNo plug date, and not on the schedule.
220.0%

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, 10 of 10 wells. Median 2,779 ft, with the middle half between 2,770 and 2,833 ft; the shallowest is 2,694 ft and the deepest 2,909 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

00s

Last completion by decade, 10 of 10 wells, Mar 2007 – Jun 2009. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 2007 – Jun 2009
10 of 10 wells
Plug dates filed
Mar 2014 – Nov 2025
8 of 10 wells; 2 filed none

Last completion to plug: a median of 18.1 years across the 8 wells that filed both dates, with the middle half between 18.1 years and 18.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

10 wells

42-0553490817 H2,718 ftJun 2009
42-0553490616 H2,694 ftJun 2009
42-0553371992,783 ftOct 2007Nov 2025Yes
42-0553487072,771 ftOct 2007Nov 2025Yes
42-0553484542,798 ftOct 2007Nov 2025
42-0553486982,769 ftOct 2007Nov 2025Yes
42-05533483102,845 ftOct 2007Nov 2025Yes
42-05534868122,874 ftSep 2007Nov 2025Yes
42-05533717112,775 ftSep 2007Mar 2014Yes
42-0553484432,909 ftMar 2007Nov 2025Yes

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 (229)

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

229 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 202038734.901.69$13,506
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 201517156.152.88$9,602
May 201517155.212.96$9,441
Apr 2015049.822.71$0
Mar 201517742.892.93$7,592
Feb 201517144.662.98$7,637
Jan 2015043.433.10$0
Dec 201450154.693.59$27,400
Nov 2014070.464.25$0
Oct 201416778.303.90$13,076
Sep 201418086.164.05$15,509
Aug 201452089.394.04$46,483
Jul 201417296.564.18$16,608
Jun 201450498.164.74$49,473
May 201485294.734.73$80,710
Apr 201455095.944.81$52,767
Mar 201470795.895.06$67,794
Feb 201417197.406.19$16,655
Jan 201465290.404.86$58,941
Dec 201351091.824.35$46,828
Nov 201368088.853.74$60,418
Oct 201369597.423.78$67,707
Sep 2013658104.113.72$68,504
Aug 2013866104.253.52$90,281
Jul 2013701102.523.72$71,867
Jun 201379794.403.93$75,237
May 201386394.834.15$81,838
Apr 201374193.964.28$69,624
Mar 201385193.623.91$79,671
Feb 201373191.233.42$66,689
Jan 20131,05791.603.42$96,821
Dec 201272386.773.42$62,735
Nov 20121,07186.953.62$93,123
Oct 20121,10089.383.40$98,318
Sep 20121,02094.672.92$96,563
Aug 201214692.662.91$13,528
Jul 201283985.133.02$71,424
Jun 20121,02479.822.52$81,736
May 20121,01691.612.49$93,076
Apr 20121,096101.652.00$111,408
Mar 20121,046105.052.22$109,882
Feb 20121,081101.102.57$109,289
Jan 20121,07498.092.73$105,349
Dec 20111,44096.873.24$139,493
Nov 20111,05795.723.31$101,176
Oct 20111,44884.983.65$123,051
Sep 20111,61583.623.99$135,046
Aug 20112,12883.404.15$177,475
Jul 20111,90994.144.52$179,713
Jun 20112,09692.904.64$194,718
May 20112,06798.134.40$202,835
Apr 20112,603105.964.33$275,814
Mar 20112,88396.364.06$277,806
Feb 20111,96785.644.18$168,454
Jan 20113,20586.504.59$277,233
Dec 20103,73085.734.35$319,773
Nov 20103,72380.843.80$300,967
Oct 20104,27678.103.51$333,956
Sep 20104,24872.633.98$308,532
Aug 20104,19573.684.42$309,088
Jul 20104,54372.554.74$329,595
Jun 20104,56170.364.91$320,912
May 20103,81971.124.24$271,607
Apr 20104,38181.694.12$357,884
Mar 20105,28578.394.39$414,291
Feb 20105,58073.585.44$410,576
Jan 20105,86174.365.96$435,824
Dec 20098,69871.445.48$621,385
Nov 200910,71274.593.75$799,008
Oct 20093,27072.544.11$237,206
Sep 200916265.543.06$10,617
Aug 200935967.423.22$24,204
Jul 2009061.133.46$0
Jun 200918966.163.90$12,504
May 200936454.743.93$19,925
Apr 200953046.773.59$24,788
Mar 200954642.144.06$23,008
Feb 200952932.814.63$17,356
Jan 20091,10735.865.37$39,697
Dec 20081,27837.105.98$47,414
Nov 20081,08055.496.86$59,929
Oct 200864875.246.92$48,756
Sep 2008872101.767.88$88,735
Aug 2008849114.228.48$96,973
Jul 20081,432131.0811.39$187,707
Jun 20081,900131.3313.03$249,527
May 2008877123.1711.57$108,020
Apr 20082,764110.3110.45$304,897
Mar 2008855101.909.66$87,125
Feb 200888192.538.77$81,519
Jan 20081,63190.388.21$147,410
Dec 20071,29688.337.30$114,476
Nov 20071,05391.677.29$96,529
Oct 200742782.856.92$35,377
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$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.

Jun 2020 — as filed, then multipliedworked
Oil                  387 bbl  × $ 34.90 =    $13,506

────────────────────────────────────────────────────
Month total                                  $13,506

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/14820 is the state's own key, not one this site invented.