SMITH, W., HEIRS

Operated by SHEFTS & SHEFTS, INC. (P-5 773400) in the SALT FLAT field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1521District 01Field 79905001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$423 k
Jan 1993 – Aug 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
248
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 415 leases and 1,904 wells, and the rule below applies to all of them.

Discovered
1928-05-28
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 field rule took effect on 1952-08-04.

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: 100 % % DELIVERABILITY SHOULD BE USED (DAMEKI NYERI).

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
OilDisposition12,963 bbl$422,982
Casinghead gasProduction31 Mcf$0
Total$422,982

31 Mcf of this lease's gas, across 31 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 (1)

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 29.7143, -97.6319. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.71434, -97.63185 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
2,700 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 2,700 ft.

Plug dates filed
May 2012
1 of 1 wells

1 well

42-0550412312,700 ftMay 2012Yes

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 (248)

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

248 months

Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 201166098.134.40$6,477
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010135080.843.80$10,913
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 2010118070.364.91$8,302
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 201093073.585.44$6,843
Jan 20100074.365.96$0
Dec 200974071.445.48$5,287
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 200964065.543.06$4,195
Aug 20090067.423.22$0
Jul 200970061.133.46$4,279
Jun 20090066.163.90$0
May 200990054.743.93$4,927
Apr 20090046.773.59$0
Mar 200989042.144.06$3,750
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008137037.105.98$5,083
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 20081330131.0811.39$17,434
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 2008800110.3110.45$8,825
Mar 200800101.909.66$0
Feb 2008132092.538.77$12,214
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 200797091.677.29$8,892
Oct 20070082.856.92$0
Sep 2007151075.846.24$11,452
Aug 20070069.066.39$0
Jul 2007100070.906.39$7,090
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007128059.617.81$7,630
Mar 20070056.927.30$0
Feb 2007138055.108.22$7,604
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006138054.207.62$7,480
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006109068.717.34$7,489
Jul 20060069.376.34$0
Jun 2006128066.286.38$8,484
May 20060066.016.42$0
Apr 2006142064.397.36$9,143
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 2006121060.598.93$7,331
Dec 20050054.9413.42$0
Nov 2005110054.6910.59$6,016
Oct 20050058.3413.80$0
Sep 2005149061.4512.08$9,156
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 2005175052.337.38$9,158
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005152050.377.15$7,656
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 200475039.866.75$2,990
Nov 20040045.286.33$0
Oct 2004156049.706.52$7,753
Sep 20040043.245.28$0
Aug 2004179042.375.55$7,584
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 2004129037.486.49$4,835
Apr 20040034.475.86$0
Mar 200463034.365.53$2,165
Feb 200479032.455.51$2,564
Jan 2004123032.036.30$3,940
Dec 2003168030.266.30$5,084
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 2003152029.765.13$4,524
Jul 20030029.415.17$0
Jun 2003164028.565.98$4,684
May 20030026.595.97$0
Apr 200384026.675.41$2,240
Mar 2003170031.146.10$5,294
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 200280026.914.85$2,153
Nov 20020024.664.14$0
Oct 2002149026.464.23$3,943
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 2002165023.733.34$3,915
May 20020024.663.58$0
Apr 2002123023.653.51$2,909
Mar 20020022.003.10$0
Feb 2002181018.222.38$3,298
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 2001128018.072.41$2,313
Oct 20010019.782.53$0
Sep 2001138024.262.25$3,348
Aug 20010024.873.05$0
Jul 2001167023.933.20$3,996
Jun 20010024.563.82$0
May 200179025.524.31$2,016
Apr 2001170024.685.34$4,196
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 2001153027.478.40$4,203
Dec 20000026.889.12$0
Nov 2000186032.215.66$5,991
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000157029.644.54$4,653
Jul 20000028.534.09$0
Jun 2000156029.304.40$4,571
May 20000027.263.68$0
Apr 2000188024.513.12$4,608
Mar 20000028.422.86$0
Feb 2000171027.622.73$4,723
Jan 20000025.272.48$0
Dec 1999184024.282.42$4,468
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999177021.752.62$3,850
Aug 19990019.262.88$0
Jul 1999175017.892.37$3,131
Jun 19990015.942.36$0
May 1999175015.792.32$2,763
Apr 1999179015.102.21$2,703
Mar 19990012.471.84$0
Feb 199917009.981.82$1,697
Jan 19990010.381.90$0
Dec 199829909.201.77$2,751
Nov 199887010.892.19$947
Oct 199862012.421.97$770
Sep 19980012.592.08$0
Aug 199873011.301.91$825
Jul 199899011.742.24$1,162
Jun 199877011.242.24$865
May 1998165012.622.21$2,082
Apr 199883013.042.51$1,082
Mar 19980012.802.31$0
Feb 199882013.952.30$1,144
Jan 1998118014.702.15$1,735
Dec 199784016.322.41$1,371
Nov 1997134018.193.09$2,437
Oct 1997263019.253.15$5,063
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 199737017.582.25$650
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 1997104017.882.08$1,860
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 199782023.483.54$1,925
Dec 19960023.32$0
Nov 199684021.97$1,845
Oct 19960023.31$0
Sep 19960022.22$0
Aug 1996107020.26$2,168
Jul 19960019.55$0
Jun 199697018.73$1,817
May 199679019.43$1,535
Apr 19960021.51$0
Mar 1996112019.38$2,171
Feb 19960016.98$0
Jan 1996120017.07$2,048
Dec 19950017.19$0
Nov 199576016.00$1,216
Oct 199556015.43$864
Sep 19950016.18$0
Aug 1995151015.92$2,404
Jul 19950115.24$0
Jun 1995146116.41$2,396
May 1995147117.56$2,581
Apr 19950117.73$0
Mar 1995159116.44$2,614
Feb 1995156116.58$2,586
Jan 19950115.92$0
Dec 19940115.03$0
Nov 19940115.90$0
Oct 1994158115.58$2,462
Sep 19940115.29$0
Aug 1994154116.13$2,484
Jul 1994151117.56$2,652
Jun 19940117.09$0
May 19940115.88$0
Apr 1994157114.14$2,220
Mar 19940112.46$0
Feb 1994164112.50$2,050
Jan 19940112.66$0
Dec 19930112.33$0
Nov 199373114.49$1,058
Oct 19930115.85$0
Sep 1993126115.03$1,894
Aug 1993160115.66$2,506
Jul 19930115.46$0
Jun 19930116.79$0
May 1993151117.68$2,670
Apr 19930118.05$0
Mar 1993141118.14$2,558
Feb 19930117.90$0
Jan 199377116.93$1,304

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.

May 2011 — as filed, then multipliedworked
Oil                   66 bbl  × $ 98.13 =     $6,477
Casinghead gas         0 Mcf  × $  4.40 =         $0

────────────────────────────────────────────────────
Month total                                   $6,477

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/1521 is the state's own key, not one this site invented.