SMITH

Operated by CIMAREX ENERGY CO. (P-5 153438) in the HILDERBRANDT BAYOU field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 231251District 03Field 41411001CondensateGasSaveExport
Value, all time
$9.6 M
May 2007 – Mar 2013
Value, last 12 filed months
$255 k
at the published price for each month
Months reported
71
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1948-06-28
as the register files it
Field class
Oil and 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: ONE WELL FIELD EFF 5/07.

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
CondensateDisposition35,891 bbl$2,696,963
GasProduction1,045,840 Mcf$6,879,950
Total$9,576,913

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 29.9083, -94.1037. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.90826, -94.10370 · 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
0.0%
0 of 1 wells
Median depth
9,989 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
1100.0%
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.
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 9,989 ft.

Completions filed
Apr 2013
1 of 1 wells

1 well

42-2453249619,989 ftApr 2013Yes

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 (71)

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

71 months

Mar 20133431,32493.623.91$37,292
Feb 201313,68491.233.42$12,690
Jan 201313,78791.603.42$13,043
Dec 201203,75286.773.42$12,832
Nov 20123684,08486.953.62$46,802
Oct 201204,52789.383.40$15,390
Sep 201244,09194.672.92$12,318
Aug 20121924,21592.662.91$30,049
Jul 201204,09285.133.02$12,361
Jun 20121734,37879.822.52$24,837
May 20121844,65291.612.49$28,432
Apr 201224,351101.652.00$8,891
Mar 20121844,939105.052.22$30,304
Feb 201215,095101.102.57$13,196
Jan 20121864,69598.092.73$31,081
Dec 20111934,94296.873.24$34,707
Nov 201102,25295.723.31$7,457
Oct 20112005,08784.983.65$35,556
Sep 20112026,03983.623.99$40,961
Aug 201135,20883.404.15$21,860
Jul 20111954,96694.144.52$40,790
Jun 20112005,36292.904.64$43,459
May 20113795,59698.134.40$61,841
Apr 201105,289105.964.33$22,919
Mar 20111965,95296.364.06$43,036
Feb 20111965,57885.644.18$40,101
Jan 20111946,00786.504.59$44,346
Dec 20101886,57485.734.35$44,699
Nov 20101946,37180.843.80$39,863
Oct 20102106,90378.103.51$40,623
Sep 20102116,59472.633.98$41,566
Aug 20103626,97573.684.42$57,497
Jul 201057,03272.554.74$33,670
Jun 20103886,98370.364.91$61,589
May 201067,37571.124.24$31,661
Apr 20103787,19981.694.12$60,558
Mar 20102497,54278.394.39$52,618
Feb 20102006,14273.585.44$48,143
Jan 20101997,67474.365.96$60,566
Dec 20093924,52971.445.48$52,840
Nov 20091885,02374.593.75$32,867
Oct 20091956,00572.544.11$38,827
Sep 20093858,20065.543.06$50,364
Aug 20091978,54167.423.22$40,771
Jul 20093908,94861.133.46$54,841
Jun 20092039,06566.163.90$48,739
May 20093899,37654.743.93$58,102
Apr 20091968,81846.773.59$40,802
Mar 20093939,65642.144.06$55,755
Feb 20091999,14932.814.63$48,917
Jan 200938211,21635.865.37$73,940
Dec 200838811,59437.105.98$83,694
Nov 200819412,72255.496.86$98,043
Oct 200877214,50475.246.92$158,482
Sep 200808,916101.767.88$70,232
Aug 200856914,093114.228.48$184,542
Jul 200837415,405131.0811.39$224,478
Jun 200838216,070131.3313.03$259,602
May 200857418,467123.1711.57$284,442
Apr 200857019,547110.3110.45$267,238
Mar 200891022,281101.909.66$308,054
Feb 200892124,48792.538.77$299,985
Jan 200838226,36990.388.21$250,902
Dec 20071,26429,05988.337.30$323,837
Nov 200776531,28191.677.29$298,219
Oct 200795536,20582.856.92$329,732
Sep 200707,49875.846.24$46,819
Aug 20072,04570,15469.066.39$589,367
Jul 20074,795131,37870.906.39$1,179,200
Jun 20078,125182,47562.007.55$1,881,153
May 20072,21047,50158.747.85$502,522

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 2013 — as filed, then multipliedworked
Condensate           343 bbl  × $ 93.62 =    $32,112
Gas                1,324 Mcf  × $  3.91 =     $5,181

────────────────────────────────────────────────────
Month total                                  $37,292

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/231251 is the state's own key, not one this site invented.