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 LINC GULF COAST PETROLEUM, INC. (P-5 500796) in the BARBERS HILL field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 176District 03Field 05651001OilCasinghead gasSave Export

Value, all time

$370 k

Jan 1993 – Sep 2015

Value, last 12 filed months

at the published price for each month

Months reported

273

no gaps in the span

Streams

oil, casinghead gas

The BARBERS HILL 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 114 leases and 596 wells, and the rule below applies to all of them.

Discovered

1916-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

0 ft

minimum

A drilling unit in this field needs at least 0 acres.

The Commission's schedule remark for this field reads: “LPG OR SWD WELLS MAY REQUIRE PERMIT”

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
Oil	Disposition	16,549 bbl	$369,842
Casinghead gas	Production	20 Mcf	$0
Total			$369,842

20 Mcf of this lease's gas, across 20 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 (7)

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 29.8465, -94.9115. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

29.84656, -94.91190 · 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%

7 of 7 wells

With a plug date

85.7%

6 of 7 wells

Median depth

6,166 ft

7 wells filed one

Completion to plug

34.0 years

median over 4 wells

What the state filed about each well

On the RRC proration schedule

7100.0%

A plug date is filed

685.7%

BothOn the schedule and plugged. Neither fact cancels the other.

685.7%

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

Between 2,980 and 6,800 ft, median 6,166 ft, over the 7 wells that filed a depth.

Completions filed

Dec 1964 – Dec 1986

4 of 7 wells; 3 filed none

Plug dates filed

Oct 1978 – Jul 2015

6 of 7 wells; 1 filed none

Last completion to plug: a median of 34.0 years across the 4 wells that filed both dates, with the middle half between 23.3 years and 42.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells


42-07100122	4	6,800 ft	—	Jul 2005	Yes
42-07130935	6	3,648 ft	—	—	Yes
42-07180834	3	5,318 ft	—	Oct 1978	Yes
42-07131749	7	6,300 ft	Dec 1986	Jul 2015	Yes
42-07100120	2	2,980 ft	Sep 1985	May 1993	Yes
42-07103341	5	6,244 ft	Mar 1966	Jul 2005	Yes
42-07180832	1	6,166 ft	Dec 1964	Jan 2015	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 (273)

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

273 months


Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	121	0	84.98	3.65	$10,283
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
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	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	169	0	52.33	7.38	$8,844
May 2005	0	0	45.22	6.65	$0
Apr 2005	169	0	49.20	7.36	$8,315
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	170	0	45.22	6.31	$7,687
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	155	0	39.86	6.75	$6,178
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	168	0	49.70	6.52	$8,350
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	160	0	42.37	5.55	$6,779
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	162	0	36.10	6.43	$5,848
May 2004	0	0	37.48	6.49	$0
Apr 2004	69	0	34.47	5.86	$2,378
Mar 2004	85	0	34.36	5.53	$2,921
Feb 2004	211	0	32.45	5.51	$6,847
Jan 2004	127	0	32.03	6.30	$4,068
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	78	0	28.80	4.60	$2,246
Oct 2003	81	0	28.17	4.76	$2,282
Sep 2003	109	0	26.31	4.75	$2,868
Aug 2003	164	0	29.76	5.13	$4,881
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	157	0	28.56	5.98	$4,484
May 2003	115	0	26.59	5.97	$3,058
Apr 2003	67	0	26.67	5.41	$1,787
Mar 2003	122	0	31.14	6.10	$3,799
Feb 2003	166	0	33.48	7.93	$5,558
Jan 2003	105	0	30.31	5.58	$3,183
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	88	0	24.66	4.14	$2,170
Oct 2002	197	0	26.46	4.23	$5,213
Sep 2002	67	0	27.44	3.64	$1,838
Aug 2002	84	0	25.96	3.16	$2,181
Jul 2002	72	0	24.58	3.06	$1,770
Jun 2002	76	0	23.73	3.34	$1,803
May 2002	114	0	24.66	3.58	$2,811
Apr 2002	111	0	23.65	3.51	$2,625
Mar 2002	113	0	22.00	3.10	$2,486
Feb 2002	124	0	18.22	2.38	$2,259
Jan 2002	149	0	17.17	2.38	$2,558
Dec 2001	138	0	16.93	2.36	$2,336
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	115	0	19.78	2.53	$2,275
Sep 2001	91	0	24.26	2.25	$2,208
Aug 2001	99	0	24.87	3.05	$2,462
Jul 2001	150	0	23.93	3.20	$3,590
Jun 2001	69	0	24.56	3.82	$1,695
May 2001	85	0	25.52	4.31	$2,169
Apr 2001	126	0	24.68	5.34	$3,110
Mar 2001	85	0	24.54	5.38	$2,086
Feb 2001	136	0	27.75	5.77	$3,774
Jan 2001	86	0	27.47	8.40	$2,362
Dec 2000	79	0	26.88	9.12	$2,124
Nov 2000	144	0	32.21	5.66	$4,638
Oct 2000	123	0	31.23	5.15	$3,841
Sep 2000	97	0	31.87	5.19	$3,091
Aug 2000	71	0	29.64	4.54	$2,104
Jul 2000	150	0	28.53	4.09	$4,280
Jun 2000	88	0	29.30	4.40	$2,578
May 2000	140	0	27.26	3.68	$3,816
Apr 2000	159	0	24.51	3.12	$3,897
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	112	0	27.62	2.73	$3,093
Jan 2000	142	0	25.27	2.48	$3,588
Dec 1999	57	0	24.28	2.42	$1,384
Nov 1999	152	0	23.19	2.43	$3,525
Oct 1999	82	0	20.98	2.80	$1,720
Sep 1999	98	0	21.75	2.62	$2,132
Aug 1999	153	0	19.26	2.88	$2,947
Jul 1999	78	0	17.89	2.37	$1,395
Jun 1999	105	0	15.94	2.36	$1,674
May 1999	108	0	15.79	2.32	$1,705
Apr 1999	163	0	15.10	2.21	$2,461
Mar 1999	163	0	12.47	1.84	$2,033
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	126	0	10.38	1.90	$1,308
Dec 1998	155	0	9.20	1.77	$1,426
Nov 1998	172	0	10.89	2.19	$1,873
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	106	0	12.59	2.08	$1,335
Aug 1998	99	0	11.30	1.91	$1,119
Jul 1998	153	0	11.74	2.24	$1,796
Jun 1998	156	0	11.24	2.24	$1,753
May 1998	167	0	12.62	2.21	$2,108
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	162	0	12.80	2.31	$2,074
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	164	0	14.70	2.15	$2,411
Dec 1997	162	0	16.32	2.41	$2,644
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	154	0	19.25	3.15	$2,965
Sep 1997	159	0	17.74	2.95	$2,821
Aug 1997	160	0	17.86	2.55	$2,858
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	160	0	17.24	2.26	$2,758
May 1997	166	0	18.97	2.31	$3,149
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	140	0	18.95	1.94	$2,653
Feb 1997	151	0	20.49	2.21	$3,094
Jan 1997	44	0	23.48	3.54	$1,033
Dec 1996	153	0	23.32	—	$3,568
Nov 1996	165	0	21.97	—	$3,625
Oct 1996	0	0	23.31	—	$0
Sep 1996	157	0	22.22	—	$3,489
Aug 1996	80	0	20.26	—	$1,621
Jul 1996	98	0	19.55	—	$1,916
Jun 1996	119	0	18.73	—	$2,229
May 1996	98	0	19.43	—	$1,904
Apr 1996	120	0	21.51	—	$2,581
Mar 1996	128	0	19.38	—	$2,481
Feb 1996	298	0	16.98	—	$5,060
Jan 1996	165	0	17.07	—	$2,817
Dec 1995	161	0	17.19	—	$2,768
Nov 1995	304	0	16.00	—	$4,864
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	158	0	16.41	—	$2,593
May 1995	161	0	17.56	—	$2,827
Apr 1995	144	0	17.73	—	$2,553
Mar 1995	0	0	16.44	—	$0
Feb 1995	142	0	16.58	—	$2,354
Jan 1995	151	0	15.92	—	$2,404
Dec 1994	153	0	15.03	—	$2,300
Nov 1994	154	0	15.90	—	$2,449
Oct 1994	288	0	15.58	—	$4,487
Sep 1994	0	0	15.29	—	$0
Aug 1994	143	1	16.13	—	$2,307
Jul 1994	149	1	17.56	—	$2,616
Jun 1994	159	1	17.09	—	$2,717
May 1994	156	1	15.88	—	$2,477
Apr 1994	156	1	14.14	—	$2,206
Mar 1994	0	1	12.46	—	$0
Feb 1994	160	1	12.50	—	$2,000
Jan 1994	162	1	12.66	—	$2,051
Dec 1993	72	1	12.33	—	$888
Nov 1993	240	1	14.49	—	$3,478
Oct 1993	0	1	15.85	—	$0
Sep 1993	132	1	15.03	—	$1,984
Aug 1993	148	1	15.66	—	$2,318
Jul 1993	178	1	15.46	—	$2,752
Jun 1993	160	1	16.79	—	$2,686
May 1993	0	1	17.68	—	$0
Apr 1993	145	1	18.05	—	$2,617
Mar 1993	134	1	18.14	—	$2,431
Feb 1993	167	1	17.90	—	$2,989
Jan 1993	166	1	16.93	—	$2,810

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.

Oct 2011 — as filed, then multipliedworked

Oil                  121 bbl  × $ 84.98 =    $10,283
Casinghead gas         0 Mcf  × $  3.65 =         $0

────────────────────────────────────────────────────
Month total                                  $10,283

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/O/176 is the state's own key, not one this site invented.