SMITH

Operated by E2 OPERATING LLC (P-5 238475) in the FORT TRINIDAD (GLEN ROSE, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 281309District 03Field 32156852CondensateGasSaveExport
Value, all time
$4.2 M
Nov 2015 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
127
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 145 leases and 145 wells, and the rule below applies to all of them.

Discovered
1961-01-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: NO GREATER THAN THE YARDSTICK OF 845 BBLS/DAY FOR 640 AC WELL.

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
CondensateDisposition79,822 bbl$3,527,995
GasProduction233,754 Mcf$662,804
Total$4,190,800

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 31.0202, -95.7158. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.02019, -95.71582 · 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
11,265 ft
1 wells filed one
Completion to plug
9.9 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 11,265 ft.

Completions filed
Nov 2015
1 of 1 wells
Plug dates filed
Oct 2025
1 of 1 wells

Last completion to plug: a median of 9.9 years across the 1 well that filed both dates, with the middle half between 9.9 years and 9.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-31331297111,265 ftNov 2015Oct 2025Yes

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 (127)

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

127 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240676.091.78$11
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 202302777.892.81$76
Oct 202301385.443.09$40
Sep 2023182789.042.74$1,677
Aug 202304080.522.67$107
Jul 20230374.852.64$8
Jun 202301468.962.26$32
May 20231670.622.23$84
Apr 20231846978.122.24$14,528
Mar 202307572.852.39$179
Feb 20230375.112.47$7
Jan 202306976.533.39$234
Dec 20220076.415.73$0
Nov 20224085.005.65$340
Oct 202244287.185.86$595
Sep 202203184.888.16$253
Aug 2022012494.529.13$1,132
Jul 20220138101.587.54$1,041
Jun 2022182308115.097.98$23,403
May 20220582109.378.43$4,908
Apr 20220518104.226.84$3,542
Mar 20221841,652108.885.08$28,420
Feb 2022049091.054.86$2,381
Jan 202217361781.844.54$16,958
Dec 2021097771.323.90$3,809
Nov 2021185077.435.24$14,325
Oct 2021048679.795.71$2,777
Sep 202117952169.865.35$15,293
Aug 202117730266.024.22$12,960
Jul 202118336970.783.98$14,422
Jun 2021039169.493.38$1,322
May 20211816863.483.02$11,695
Apr 202118123260.362.76$11,565
Mar 202136284461.302.72$24,484
Feb 2021064457.805.55$3,573
Jan 202135841350.412.81$19,207
Dec 202018053844.642.68$9,475
Nov 202035470438.772.71$15,630
Oct 202036649036.972.48$14,745
Sep 202036252937.091.99$14,480
Aug 20203631,11439.982.39$17,170
Jul 202035873138.371.83$15,071
Jun 202036496434.901.69$14,333
May 202008316.921.81$151
Apr 202017918714.751.80$2,978
Mar 20203471,82830.341.86$13,921
Feb 202035091349.881.98$19,266
Jan 202033771457.252.09$20,789
Dec 201933986459.012.30$21,995
Nov 201954250655.302.75$31,364
Oct 201918251953.472.42$10,987
Sep 201917775755.052.66$11,755
Aug 201933854153.112.30$19,198
Jul 201953282756.272.46$31,970
Jun 201934878952.782.49$20,333
May 20195311,99658.482.74$36,523
Apr 20193551,35562.632.75$25,961
Mar 20195371,15356.803.06$34,032
Feb 20193591,68350.852.79$22,954
Jan 201936490746.033.23$19,683
Dec 20187302,58046.594.19$44,809
Nov 20185352,72052.934.24$39,843
Oct 20185663,19261.443.40$45,622
Sep 20189144,76859.543.11$69,239
Aug 20189194,96659.403.07$69,817
Jul 20188697,12565.142.93$77,496
Jun 20188847,40360.183.08$75,978
May 20189078,77565.382.90$84,754
Apr 20181,0945,19063.842.90$84,896
Mar 20189013,70761.222.79$65,490
Feb 20187443,36761.782.77$55,278
Jan 201874299762.874.01$50,647
Dec 20179222,93557.272.92$61,378
Nov 20179082,34955.423.12$57,646
Oct 201753990549.292.98$29,268
Sep 20179761,26447.523.09$50,282
Aug 20171,0871,37045.373.00$53,433
Jul 201789498943.873.09$42,273
Jun 20171,0281,39442.493.09$47,983
May 20179072,22445.373.26$48,408
Apr 20171,2663,59247.933.21$72,215
Mar 20171,4774,51146.772.98$82,539
Feb 20171,8316,91850.452.95$112,800
Jan 20172,0388,17049.413.42$128,629
Dec 20161,8054,30348.763.72$104,031
Nov 20161,6432,33742.492.64$75,991
Oct 20162,1836,85846.193.09$122,026
Sep 20162,9038,56141.553.10$147,164
Aug 20163,27113,95441.442.92$176,356
Jul 20162,87210,58841.622.92$150,496
Jun 20162,1202,13745.352.69$101,882
May 20162,7864,42742.521.99$127,275
Apr 20163,2175,77536.561.99$129,112
Mar 20163,8988,38633.011.79$143,718
Feb 20165,14611,32826.472.06$159,591
Jan 20164,0807,15727.352.36$128,510
Dec 20154,47110,65232.362.00$166,001
Nov 20155,02915,08738.792.17$227,773

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.

Feb 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 76.09 =         $0
Gas                    6 Mcf  × $  1.78 =        $11

────────────────────────────────────────────────────
Month total                                      $11

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/281309 is the state's own key, not one this site invented.