SMITH, M. E.

Operated by EDGE PETROLEUM OPER. CO., INC. (P-5 243208) in the DINERO, W. (YEGUA 5000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 168213District 02Field 24888842CondensateGasSaveExport
Value, all time
$1.1 M
Jul 1997 – May 2002
Value, last 12 filed months
$479
at the published price for each month
Months reported
59
no gaps in the span
Streams
2
condensate, 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1997-07-09
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition5,539 bbl$92,675
GasProduction400,660 Mcf$1,045,128
Total$1,137,803

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 28.2220, -97.9852. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.22204, -97.98520 · 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
5,730 ft
1 wells filed one
Completion to plug
21.9 years
median over 1 well

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 5,730 ft.

Completions filed
Jun 2001
1 of 1 wells
Plug dates filed
May 2023
1 of 1 wells

Last completion to plug: a median of 21.9 years across the 1 well that filed both dates, with the middle half between 21.9 years and 21.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2973425615,730 ftJun 2001May 2023Yes

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 (59)

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

59 months

May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 200120023.933.20$479
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 200117425324.685.34$5,644
Mar 200107424.545.38$398
Feb 200101,24727.755.77$7,192
Jan 2001029327.478.40$2,461
Dec 200001,66826.889.12$15,216
Nov 2000062932.215.66$3,559
Oct 20001842,77331.235.15$20,015
Sep 200002,25231.875.19$11,680
Aug 200002,94229.644.54$13,359
Jul 20001803,91328.534.09$21,139
Jun 200005,13229.304.40$22,567
May 200004,38127.263.68$16,121
Apr 200004,63524.513.12$14,443
Mar 20001795,34328.422.86$20,367
Feb 200005,58927.622.73$15,238
Jan 200006,90825.272.48$17,135
Dec 19991906,27924.282.42$19,832
Nov 199906,11323.192.43$14,879
Oct 199907,80420.982.80$21,880
Sep 19991644,83721.752.62$16,234
Aug 199904,35319.262.88$12,517
Jul 199905,51117.892.37$13,074
Jun 199905,36515.942.36$12,673
May 19991615,61115.792.32$15,565
Apr 199905,72715.102.21$12,646
Mar 19991826,53912.471.84$14,290
Feb 19991706,7919.981.82$14,041
Jan 19991707,38010.381.90$15,786
Dec 19981698,3389.201.77$16,341
Nov 19981629,47010.892.19$22,463
Oct 19981539,43212.421.97$20,474
Sep 19981509,58412.592.08$21,848
Aug 199815011,90111.301.91$24,394
Jul 199813812,16711.742.24$28,841
Jun 199825712,94811.242.24$31,857
May 199813414,70712.622.21$34,140
Apr 199821614,99313.042.51$40,379
Mar 199831115,41612.802.31$39,583
Feb 19989816,23613.952.30$38,696
Jan 199819817,88514.702.15$41,449
Dec 199722617,83216.322.41$46,683
Nov 199723520,83018.193.09$68,603
Oct 199744923,39519.253.15$82,333
Sep 199737727,33817.742.95$87,468
Aug 199734234,68117.862.55$94,709
Jul 199703,16517.582.25$7,112

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.

Jul 2001 — as filed, then multipliedworked
Condensate            20 bbl  × $ 23.93 =       $479
Gas                    0 Mcf  × $  3.20 =         $0

────────────────────────────────────────────────────
Month total                                     $479

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. 02/G/168213 is the state's own key, not one this site invented.