SMITH, LOYD C. ET AL GAS UNIT

Operated by RANGE PRODUCTION COMPANY (P-5 691703) in the COLE CREEK (YEGUA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 206237District 03Field 19472495CondensateGasSave
Value, all time
$42.5 M
Nov 2004 – Mar 2014
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
113
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition273,853 bbl$16,957,285
GasProduction3,707,440 Mcf$25,591,498
Total$42,548,782

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 30.1855, -93.8576. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.18547, -93.85763 · 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
14,470 ft
1 wells filed one
Completion to plug
9.3 years
median over 1 wells

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 14,470 ft.

Completions filed
Nov 2004
1 of 1 wells
Plug dates filed
Mar 2014
1 of 1 wells

Last completion to plug: a median of 9.3 years across the 1 well that filed both dates, with the middle half between 9.3 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-36130824214,470 ftNov 2004Mar 2014Yes

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 (113)

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

113 months

Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013262088.853.74$23,279
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20130109102.523.72$405
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130993.964.28$39
Mar 20130093.623.91$0
Feb 20130991.233.42$31
Jan 201308291.603.42$280
Dec 201201486.773.42$48
Nov 201203286.953.62$116
Oct 20123922,52989.383.40$43,635
Sep 20125939,31594.672.92$83,324
Aug 201258210,02092.662.91$83,068
Jul 20123935,25185.133.02$49,318
Jun 20125909,07679.822.52$69,957
May 20127839,40591.612.49$95,133
Apr 20125719,082101.652.00$76,177
Mar 20127999,567105.052.22$105,194
Feb 20125848,416101.102.57$80,674
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20111887584.983.65$16,250
Sep 20115909,00883.623.99$85,240
Aug 20117399,37283.404.15$100,520
Jul 20117779,65294.144.52$116,747
Jun 201156910,22992.904.64$100,321
May 201194413,03298.134.40$150,038
Apr 201186314,342105.964.33$153,591
Mar 20111,14217,75096.364.06$182,061
Feb 20111,14914,99185.644.18$161,062
Jan 201195719,21186.504.59$170,936
Dec 20101,58422,09585.734.35$231,860
Nov 20101,18720,50080.843.80$173,761
Oct 20101,34820,83578.103.51$178,387
Sep 20101,53818,91072.633.98$186,957
Aug 20102,29127,50573.684.42$290,355
Jul 20101,32923,74472.554.74$208,882
Jun 20101,36714,30170.364.91$166,406
May 20101,74329,48871.124.24$248,850
Apr 20101,89325,03581.694.12$257,851
Mar 20102,16635,13678.394.39$323,993
Feb 20101,9891,82673.585.44$156,288
Jan 20102,18038,95874.365.96$394,454
Dec 20092,17437,45471.445.48$360,699
Nov 20092,37527,92674.593.75$281,916
Oct 20092,74035,85972.544.11$346,149
Sep 20091,84032,74965.543.06$220,961
Aug 20092,68736,53367.423.22$298,739
Jul 20092,13133,22361.133.46$245,369
Jun 20092,48833,31066.163.90$294,349
May 20092,53931,13354.743.93$261,205
Apr 20092,17128,66946.773.59$204,388
Mar 20091,73123,80642.144.06$169,573
Feb 20091,93920,98532.814.63$160,842
Jan 20091,95124,85735.865.37$203,470
Dec 20081,54425,16837.105.98$207,715
Nov 20080055.496.86$0
Oct 2008161175.246.92$12,121
Sep 20083815,226101.767.88$79,936
Aug 20081,52723,068114.228.48$370,100
Jul 20081,53224,299131.0811.39$477,566
Jun 20081,33021,393131.3313.03$453,476
May 20081,72922,335123.1711.57$471,473
Apr 20081,47222,853110.3110.45$401,301
Mar 20081,54922,728101.909.66$377,488
Feb 20081,55821,11492.538.77$329,344
Jan 20082,92234,61790.388.21$548,148
Dec 20072,52439,88388.337.30$514,169
Nov 20073,24435,29991.677.29$554,767
Oct 20072,70239,39882.856.92$496,573
Sep 20072,88035,53775.846.24$440,318
Aug 20072,49630,46069.066.39$366,950
Jul 20072,30920,19770.906.39$292,725
Jun 20072,30524,53762.007.55$328,126
May 20072,85820,91258.747.85$331,960
Apr 20072,89830,33259.617.81$409,497
Mar 20073,06747,52256.927.30$521,578
Feb 20073,47042,83055.108.22$543,088
Jan 20073,43336,03350.306.73$415,068
Dec 20063,63244,07956.656.92$510,711
Nov 20063,41447,92654.207.62$550,114
Oct 20063,55450,63454.906.01$499,617
Sep 20063,52644,47960.085.04$435,892
Aug 20064,18251,13768.717.34$662,687
Jul 20063,35155,49269.376.34$584,431
Jun 20063,97852,94466.286.38$601,650
May 20064,17857,35466.016.42$644,289
Apr 20063,63159,62264.397.36$672,647
Mar 20065,66890,73156.707.08$964,016
Feb 20065,43284,53857.597.75$968,093
Jan 20065,84483,35260.598.93$1,098,698
Dec 20056,10589,30954.9413.42$1,533,525
Nov 20056,10476,89654.6910.59$1,148,033
Oct 20053121,75458.3413.80$42,400
Sep 20054,07460,98661.4512.08$986,997
Aug 20058,672112,02161.519.80$1,630,867
Jul 20059,260115,80555.697.84$1,424,022
Jun 20058,834112,62252.337.38$1,293,551
May 200510,393125,54745.226.65$1,305,005
Apr 20059,633128,39449.207.36$1,418,985
Mar 20059,672144,22950.377.15$1,519,120
Feb 20059,943144,74245.226.31$1,363,222
Jan 200511,560156,43843.166.32$1,487,962
Dec 200415,682219,61039.866.75$2,107,689
Nov 20042,48035,64245.286.33$337,923

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.

Nov 2013 — as filed, then multipliedworked
Condensate           262 bbl  × $ 88.85 =    $23,279
Gas                    0 Mcf  × $  3.74 =         $0

────────────────────────────────────────────────────
Month total                                  $23,279

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/206237 is the state's own key, not one this site invented.