SMITH

Name: SMITH lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FIVE-JAB, INC. (P-5 271310) in the RICHMOND RANCH (YEGUA 1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 123093District 03Field 76517500CondensateGasSave Export

Value, all time

$4.2 M

Jan 1993 – Jul 2008

Value, last 12 filed months

at the published price for each month

Months reported

187

no gaps in the span

Streams

condensate, gas

The RICHMOND RANCH (YEGUA 1) field

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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered

1986-11-17

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

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST, EFF 9-1-93”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	26,249 bbl	$481,708
Gas	Production	2,279,492 Mcf	$3,709,128
Total			$4,190,836

1,112,118 Mcf of this lease's gas, across 48 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 29.6202, -95.7188. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.62023, -95.71881 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

8,600 ft

1 wells filed one

Completion to plug

20.1 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 8,600 ft.

Completions filed

Nov 1986

1 of 1 wells

Plug dates filed

Dec 2006

1 of 1 wells

Last completion to plug: a median of 20.1 years across the 1 well that filed both dates, with the middle half between 20.1 years and 20.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-15731725	1	8,600 ft	Nov 1986	Dec 2006	Yes

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 (187)

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

187 months


Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	46	0	69.37	6.34	$3,191
Jun 2006	0	44	66.28	6.38	$281
May 2006	0	42	66.01	6.42	$270
Apr 2006	0	45	64.39	7.36	$331
Mar 2006	0	44	56.70	7.08	$312
Feb 2006	0	43	57.59	7.75	$333
Jan 2006	0	45	60.59	8.93	$402
Dec 2005	0	43	54.94	13.42	$577
Nov 2005	0	40	54.69	10.59	$424
Oct 2005	0	43	58.34	13.80	$593
Sep 2005	0	40	61.45	12.08	$483
Aug 2005	0	45	61.51	9.80	$441
Jul 2005	0	42	55.69	7.84	$329
Jun 2005	0	40	52.33	7.38	$295
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	45	45.22	6.31	$284
Jan 2005	0	50	43.16	6.32	$316
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	4	100	49.70	6.52	$850
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	148	563	36.10	6.43	$8,965
May 2004	180	13,606	37.48	6.49	$95,112
Apr 2004	0	7,174	34.47	5.86	$42,029
Mar 2004	0	10,951	34.36	5.53	$60,561
Feb 2004	178	12,946	32.45	5.51	$77,104
Jan 2004	0	9,191	32.03	6.30	$57,900
Dec 2003	180	11,041	30.26	6.30	$75,023
Nov 2003	172	10,627	28.80	4.60	$53,786
Oct 2003	0	14,699	28.17	4.76	$69,962
Sep 2003	163	12,429	26.31	4.75	$63,318
Aug 2003	0	10,690	29.76	5.13	$54,837
Jul 2003	182	11,963	29.41	5.17	$67,211
Jun 2003	184	13,756	28.56	5.98	$87,557
May 2003	0	13,516	26.59	5.97	$80,727
Apr 2003	0	1,347	26.67	5.41	$7,284
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	2,509	24.66	4.14	$10,380
Oct 2002	178	9,417	26.46	4.23	$44,536
Sep 2002	0	9,665	27.44	3.64	$35,134
Aug 2002	173	9,460	25.96	3.16	$34,424
Jul 2002	0	7,942	24.58	3.06	$24,317
Jun 2002	180	9,709	23.73	3.34	$36,682
May 2002	0	9,510	24.66	3.58	$34,084
Apr 2002	0	12,682	23.65	3.51	$44,543
Mar 2002	155	11,646	22.00	3.10	$39,544
Feb 2002	189	11,078	18.22	2.38	$29,761
Jan 2002	172	12,943	17.17	2.38	$33,702
Dec 2001	0	16,797	16.93	2.36	$39,715
Nov 2001	169	17,974	18.07	2.41	$46,291
Oct 2001	360	22,919	19.78	2.53	$65,080
Sep 2001	162	18,700	24.26	2.25	$46,030
Aug 2001	0	15,408	24.87	3.05	$47,043
Jul 2001	164	12,357	23.93	3.20	$43,431
Jun 2001	146	14,031	24.56	3.82	$57,243
May 2001	157	14,914	25.52	4.31	$68,246
Apr 2001	183	14,782	24.68	5.34	$83,383
Mar 2001	0	1,214	24.54	5.38	$6,527
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	162	15,044	26.88	9.12	$141,593
Nov 2000	227	17,817	32.21	5.66	$108,120
Oct 2000	99	12,612	31.23	5.15	$67,987
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	170	20,698	27.26	3.68	$80,798
Apr 2000	182	24,877	24.51	3.12	$81,978
Mar 2000	181	27,028	28.42	2.86	$82,437
Feb 2000	0	11,258	27.62	2.73	$30,695
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	202	0	23.19	2.43	$4,684
Oct 1999	0	19,573	20.98	2.80	$54,877
Sep 1999	179	30,360	21.75	2.62	$83,402
Aug 1999	0	4,389	19.26	2.88	$12,621
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	174	7,492	12.47	1.84	$15,943
Feb 1999	346	26,589	9.98	1.82	$51,786
Jan 1999	0	4,949	10.38	1.90	$9,403
Dec 1998	0	10,982	9.20	1.77	$19,475
Nov 1998	515	29,654	10.89	2.19	$70,424
Oct 1998	1	25,846	12.42	1.97	$50,909
Sep 1998	0	18,847	12.59	2.08	$39,251
Aug 1998	342	29,601	11.30	1.91	$60,324
Jul 1998	373	32,559	11.74	2.24	$77,222
Jun 1998	0	4,544	11.24	2.24	$10,166
May 1998	182	20,420	12.62	2.21	$47,350
Apr 1998	184	19,031	13.04	2.51	$50,078
Mar 1998	364	22,204	12.80	2.31	$55,938
Feb 1998	0	17,265	13.95	2.30	$39,694
Jan 1998	367	18,183	14.70	2.15	$44,575
Dec 1997	358	29,810	16.32	2.41	$77,717
Nov 1997	364	23,491	18.19	3.09	$79,167
Oct 1997	173	21,324	19.25	3.15	$70,497
Sep 1997	365	19,603	17.74	2.95	$64,400
Aug 1997	174	25,852	17.86	2.55	$69,153
Jul 1997	479	27,214	17.58	2.25	$69,569
Jun 1997	342	27,984	17.24	2.26	$69,062
May 1997	171	27,451	18.97	2.31	$66,615
Apr 1997	358	26,976	17.88	2.08	$62,586
Mar 1997	186	23,203	18.95	1.94	$48,519
Feb 1997	189	21,565	20.49	2.21	$51,443
Jan 1997	174	10,172	23.48	3.54	$40,091
Dec 1996	0	22,768	23.32	—	$0
Nov 1996	355	19,988	21.97	—	$7,799
Oct 1996	181	20,413	23.31	—	$4,219
Sep 1996	178	20,743	22.22	—	$3,955
Aug 1996	355	22,162	20.26	—	$7,192
Jul 1996	183	21,342	19.55	—	$3,578
Jun 1996	177	22,422	18.73	—	$3,315
May 1996	363	24,100	19.43	—	$7,053
Apr 1996	186	23,874	21.51	—	$4,001
Mar 1996	570	25,645	19.38	—	$11,047
Feb 1996	188	21,993	16.98	—	$3,192
Jan 1996	178	23,895	17.07	—	$3,038
Dec 1995	372	24,542	17.19	—	$6,395
Nov 1995	365	25,313	16.00	—	$5,840
Oct 1995	357	26,962	15.43	—	$5,509
Sep 1995	278	26,656	16.18	—	$4,498
Aug 1995	370	25,286	15.92	—	$5,890
Jul 1995	363	25,686	15.24	—	$5,532
Jun 1995	357	24,594	16.41	—	$5,858
May 1995	171	26,138	17.56	—	$3,003
Apr 1995	373	25,690	17.73	—	$6,613
Mar 1995	374	25,857	16.44	—	$6,149
Feb 1995	387	22,183	16.58	—	$6,416
Jan 1995	187	20,006	15.92	—	$2,977
Dec 1994	194	25,250	15.03	—	$2,916
Nov 1994	367	19,266	15.90	—	$5,835
Oct 1994	192	22,716	15.58	—	$2,991
Sep 1994	367	22,534	15.29	—	$5,611
Aug 1994	377	23,848	16.13	—	$6,081
Jul 1994	375	23,773	17.56	—	$6,585
Jun 1994	374	22,516	17.09	—	$6,392
May 1994	372	24,393	15.88	—	$5,907
Apr 1994	369	22,104	14.14	—	$5,218
Mar 1994	186	21,299	12.46	—	$2,318
Feb 1994	181	19,296	12.50	—	$2,263
Jan 1994	371	21,324	12.66	—	$4,697
Dec 1993	368	21,774	12.33	—	$4,537
Nov 1993	189	21,031	14.49	—	$2,739
Oct 1993	366	22,253	15.85	—	$5,801
Sep 1993	370	22,465	15.03	—	$5,561
Aug 1993	334	21,767	15.66	—	$5,230
Jul 1993	344	25,544	15.46	—	$5,318
Jun 1993	371	24,626	16.79	—	$6,229
May 1993	377	24,039	17.68	—	$6,665
Apr 1993	374	21,645	18.05	—	$6,751
Mar 1993	377	23,755	18.14	—	$6,839
Feb 1993	391	21,084	17.90	—	$6,999
Jan 1993	387	25,558	16.93	—	$6,552

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 2006 — as filed, then multipliedworked

Condensate            46 bbl  × $ 69.37 =     $3,191
Gas                    0 Mcf  × $  6.34 =         $0

────────────────────────────────────────────────────
Month total                                   $3,191

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. 03/G/123093 is the state's own key, not one this site invented.