SMITH GAS UNIT 1

Operated by REPSOL OIL & GAS USA, LLC (P-5 703462) in the SUGARKANE (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 261021District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.1 M
Dec 2010 – May 2026
Value, last 12 filed months
$240 k
at the published price for each month
Months reported
186
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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
as the register files it
Field class
Oil and gas
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 80 acres. The field rule took effect on 2017-10-10.

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: GAS WELLS

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112013-11-18210219
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition145,305 bbl$11,854,252
GasProduction2,604,955 Mcf$9,293,002
Total$21,147,253

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 28.9492, -97.6026. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.94924, -97.60264 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
13,932 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
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.
1100.0%

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 13,932 ft.

Completions filed
Dec 2010
1 of 1 wells

1 well

42-12332356113,932 ftDec 2010

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 (186)

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

186 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026189189.753.15$16,966
Feb 20261933,09563.503.75$23,863
Jan 20261953,94859.138.00$43,106
Dec 20253913,78556.664.41$38,859
Nov 20251833,69758.593.93$25,238
Oct 20251943,93059.383.30$24,508
Sep 20253634,04462.743.08$35,218
Aug 20251905,62263.933.01$29,096
Jul 2025099366.743.32$3,292
Jun 20250066.483.13$0
May 202501,32460.553.23$4,280
Apr 20251893,28262.363.54$23,415
Mar 20251923,80067.704.27$29,218
Feb 20251962,84970.884.34$26,260
Jan 20251943,70074.324.28$30,249
Dec 20241863,60068.993.12$24,069
Nov 20243743,56469.052.20$33,660
Oct 20241953,76271.372.28$22,500
Sep 20241933,67469.612.36$22,121
Aug 20243353,67975.632.06$32,928
Jul 20241883,70779.932.15$22,984
Jun 20243933,95678.082.63$41,105
May 20241983,30278.812.20$22,864
Apr 20241993,29084.451.66$22,264
Mar 20241903,88380.301.55$21,257
Feb 20243463,46276.091.78$32,502
Jan 20241954,54973.023.30$29,240
Dec 20233834,20071.262.61$38,258
Nov 20231915,36777.892.81$29,945
Oct 20233774,62485.443.09$46,486
Sep 20231904,17489.042.74$28,334
Aug 20233694,50580.522.67$41,753
Jul 20231874,75274.852.64$26,551
Jun 20233764,58968.962.26$36,293
May 20233774,40570.622.23$36,435
Apr 20233794,61178.122.24$39,926
Mar 20231894,98572.852.39$25,699
Feb 20235555,70375.112.47$55,748
Jan 20232008,08176.533.39$42,682
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20221861,59287.185.86$25,551
Sep 20221792,05884.888.16$31,994
Aug 20221852,17394.529.13$37,320
Jul 20221852,733101.587.54$39,405
Jun 20221863,403115.097.98$48,553
May 20223763,944109.378.43$74,383
Apr 20221885,361104.226.84$56,250
Mar 20221905,446108.885.08$48,333
Feb 20223773,61491.054.86$51,886
Jan 20221903,35181.844.54$30,755
Dec 20211905,63571.323.90$35,522
Nov 20210077.435.24$0
Oct 20211961,35979.795.71$23,404
Sep 20211943,78169.865.35$33,785
Aug 20213944,03266.024.22$43,029
Jul 20211934,42370.783.98$31,273
Jun 20211914,72669.493.38$29,249
May 20213775,30463.483.02$39,938
Apr 20213785,90860.362.76$39,113
Mar 20211903,54261.302.72$21,270
Feb 202102,43957.805.55$13,531
Jan 20211896,20450.412.81$26,962
Dec 20202596,18044.642.68$28,096
Nov 202006,19038.772.71$16,754
Oct 20201976,46636.972.48$23,309
Sep 20201974,17437.091.99$15,617
Aug 20203065,17839.982.39$24,584
Jul 20203906,81438.371.83$27,401
Jun 20203907,03134.901.69$25,496
May 20203943,70216.921.81$13,385
Apr 20201943,90714.751.80$9,911
Mar 20201975,10830.341.86$15,459
Feb 20203954,60249.881.98$28,818
Jan 20201954,67757.252.09$20,961
Dec 20193985,75459.012.30$36,745
Nov 20193975,21955.302.75$36,310
Oct 20191985,93453.472.42$24,939
Sep 20193895,72055.052.66$36,614
Aug 20193856,32953.112.30$35,032
Jul 20193826,26756.272.46$36,912
Jun 20193786,30652.782.49$35,660
May 20193806,50758.482.74$40,054
Apr 20193805,89662.632.75$40,018
Mar 20195736,90056.803.06$53,675
Feb 20191955,43050.852.79$25,078
Jan 20191965,81646.033.23$27,797
Dec 20183876,31746.594.19$44,470
Nov 20181935,34152.934.24$32,847
Oct 20183795,91961.443.40$43,399
Sep 20181936,37259.543.11$31,295
Aug 20181905,80859.403.07$29,097
Jul 20181901,37665.142.93$16,411
Jun 20181884,65160.183.08$25,625
May 20183979,13465.382.90$52,452
Apr 20183858,56163.842.90$49,412
Mar 201809,70461.222.79$27,044
Feb 201857910,21461.782.77$64,024
Jan 2018038362.874.01$1,536
Dec 20173864,90957.272.92$36,448
Nov 20175749,72555.423.12$62,137
Oct 201756910,43249.292.98$59,172
Sep 20171787,79147.523.09$32,512
Aug 20173736,43345.373.00$36,250
Jul 20175678,51143.873.09$51,150
Jun 20175629,98642.493.09$54,709
May 201757014,74245.373.26$73,970
Apr 20171914,30947.933.21$22,993
Mar 20173813,05146.772.98$26,923
Feb 20171923,81650.452.95$20,954
Jan 20171915,35549.413.42$27,745
Dec 20163818,83948.763.72$51,484
Nov 201676812,40942.492.64$65,446
Oct 20163797,09446.193.09$39,428
Sep 20163808,60541.553.10$42,470
Aug 201660010,44641.442.92$55,412
Jul 201675913,32341.622.92$70,551
Jun 201639511,11845.352.69$47,774
May 20165775,86042.521.99$36,202
Apr 20161914,92036.561.99$16,779
Mar 20163807,64133.011.79$26,252
Feb 20165678,29126.472.06$32,118
Jan 201677713,42027.352.36$52,981
Dec 201557613,71132.362.00$46,081
Nov 201557411,55538.792.17$47,309
Oct 201575413,26043.552.43$65,013
Sep 201556412,68142.992.76$59,226
Aug 201573314,77740.162.87$71,884
Jul 201574515,73248.152.95$82,204
Jun 201556514,05856.152.88$72,252
May 201574815,91555.212.96$88,333
Apr 201594120,51249.822.71$102,398
Mar 201596430,04042.892.93$129,505
Feb 201576815,45044.662.98$80,281
Jan 201576315,12243.433.10$80,025
Dec 20143803,88954.693.59$34,749
Nov 201457713,51770.464.25$98,128
Oct 20143594,16378.303.90$44,349
Sep 20141,12916,05886.164.05$162,236
Aug 201483415,78289.394.04$138,234
Jul 201491216,43596.564.18$156,754
Jun 20141,08021,33798.164.74$207,084
May 20141,61023,91394.734.73$265,542
Apr 20141802,28195.944.81$28,239
Mar 20141832,79695.895.06$31,687
Feb 201402,69097.406.19$16,656
Jan 20145756,06990.404.86$81,480
Dec 2013086191.824.35$3,749
Nov 20135517,80388.853.74$78,126
Oct 201392512,10797.423.78$135,870
Sep 201376515,760104.113.72$138,236
Aug 20131,34520,017104.253.52$210,728
Jul 20131,52222,514102.523.72$239,737
Jun 20132472,54294.403.93$33,316
May 20132823,52694.834.15$41,372
Apr 201391216,38993.964.28$155,879
Mar 201392020,99393.623.91$168,273
Feb 201392921,81691.233.42$159,361
Jan 20131,61525,14491.603.42$233,924
Dec 20121,30824,99786.773.42$198,989
Nov 20121,28325,26586.953.62$203,141
Oct 20121,46027,39389.383.40$223,622
Sep 20121,45928,12394.672.92$220,198
Aug 20121,08029,97392.662.91$187,239
Jul 20121,51027,56485.133.02$211,812
Jun 20121,24631,47679.822.52$178,745
May 20121,71435,38091.612.49$245,056
Apr 20121,66035,695101.652.00$240,015
Mar 20121,98540,004105.052.22$297,416
Feb 20122,36841,133101.102.57$345,126
Jan 20122,53547,35298.092.73$378,122
Dec 20111,46248,80696.873.24$299,743
Nov 20112,83460,34495.723.31$471,086
Oct 20113,25368,25284.983.65$525,460
Sep 20114,99569,07483.623.99$692,997
Aug 20113,30169,25283.404.15$562,652
Jul 20113,90962,95694.144.52$652,381
Jun 20114,10659,46192.904.64$657,339
May 20116,22794,82198.134.40$1,028,725
Apr 20118,582100,100105.964.33$1,343,110
Mar 20117,581127,51196.364.06$1,247,861
Feb 20116,403110,14285.644.18$1,008,744
Jan 20118,388143,45786.504.59$1,383,855
Dec 20102,62764,77485.734.35$506,834

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.

Mar 2026 — as filed, then multipliedworked
Condensate           189 bbl  × $ 89.75 =    $16,963
Gas                    1 Mcf  × $  3.15 =         $3

────────────────────────────────────────────────────
Month total                                  $16,966

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/261021 is the state's own key, not one this site invented.