SMITH

Operated by ENCO EXPLORATION COMPANY (P-5 251883) in the BEEVILLE, SW. (HOCKLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8786District 02Field 06790500OilCasinghead gasSaveExport
Value, all time
$2.6 M
Apr 2003 – May 2010
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
86
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1975-08-14
as the register files it
Field class
Oil
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
OilDisposition43,984 bbl$2,200,180
Casinghead gasProduction56,572 Mcf$365,627
Total$2,565,807

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 28.3769, -97.9068. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37691, -97.90681 · 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
4,140 ft
1 wells filed one
Completion to plug
6.8 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 4,140 ft.

Completions filed
Apr 2003
1 of 1 wells
Plug dates filed
Jan 2010
1 of 1 wells

Last completion to plug: a median of 6.8 years across the 1 well that filed both dates, with the middle half between 6.8 years and 6.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0253317514,140 ftApr 2003Jan 2010Yes

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 (86)

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

86 months

May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 200945071.445.48$3,215
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009157061.133.46$9,597
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009331046.773.59$15,481
Mar 2009172042.144.06$7,248
Feb 2009318032.814.63$10,434
Jan 2009164035.865.37$5,881
Dec 2008163037.105.98$6,047
Nov 2008162055.496.86$8,989
Oct 2008317075.246.92$23,851
Sep 20081630101.767.88$16,587
Aug 20083410114.228.48$38,949
Jul 20083250131.0811.39$42,601
Jun 20083080131.3313.03$40,450
May 20083240123.1711.57$39,907
Apr 20081650110.3110.45$18,201
Mar 20083290101.909.66$33,525
Feb 2008160092.538.77$14,805
Jan 2008487090.388.21$44,015
Dec 2007163088.337.30$14,398
Nov 2007501091.677.29$45,927
Oct 2007327082.856.92$27,092
Sep 2007489075.846.24$37,086
Aug 2007485069.066.39$33,494
Jul 2007325070.906.39$23,043
Jun 2007489062.007.55$30,318
May 2007482058.747.85$28,313
Apr 2007326059.617.81$19,433
Mar 2007506056.927.30$28,802
Feb 2007324055.108.22$17,852
Jan 2007474050.306.73$23,842
Dec 2006329056.656.92$18,638
Nov 2006322054.207.62$17,452
Oct 2006489054.906.01$26,846
Sep 2006326060.085.04$19,586
Aug 2006500068.717.34$34,355
Jul 2006332069.376.34$23,031
Jun 2006491066.286.38$32,543
May 2006490066.016.42$32,345
Apr 2006169064.397.36$10,882
Mar 2006490056.707.08$27,783
Feb 2006261057.597.75$15,031
Jan 20064951260.598.93$30,099
Dec 200549360554.9413.42$35,202
Nov 200566162654.6910.59$42,778
Oct 200549067258.3413.80$37,857
Sep 200565158361.4512.08$47,046
Aug 200581371661.519.80$57,022
Jul 200566671755.697.84$42,713
Jun 200582563852.337.38$47,881
May 20059962,00245.226.65$58,355
Apr 20059851,99749.207.36$63,161
Mar 20058211,93950.377.15$55,227
Feb 20058261,83445.226.31$48,928
Jan 20059721,93843.166.32$54,204
Dec 20049872,20939.866.75$54,255
Nov 20049742,03145.286.33$56,960
Oct 20049932,39049.706.52$64,923
Sep 20049782,54643.245.28$55,742
Aug 20049913,21142.375.55$59,812
Jul 20049583,27738.286.08$56,610
Jun 20041,2723,21236.106.43$66,582
May 20041,2202,90537.486.49$64,592
Apr 20041,1552,08434.475.86$52,022
Mar 20041,6162,53634.365.53$69,550
Feb 20041,3352,18332.455.51$55,348
Jan 20041,6302,26732.036.30$66,490
Dec 20031,6731,52030.266.30$60,203
Nov 200368950528.804.60$22,164
Oct 2003675028.174.76$19,015
Sep 20034981,46526.314.75$20,060
Aug 200308629.765.13$441
Jul 20036431,91829.415.17$28,828
Jun 20031,1722,91428.565.98$50,907
May 20031,3103,03426.595.97$52,954
Apr 20030026.675.41$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.

Dec 2009 — as filed, then multipliedworked
Oil                   45 bbl  × $ 71.44 =     $3,215
Casinghead gas         0 Mcf  × $  5.48 =         $0

────────────────────────────────────────────────────
Month total                                   $3,215

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/O/8786 is the state's own key, not one this site invented.