SMITH, J. W.

Operated by GEOSOUTHERN ENERGY CORPORATION (P-5 301287) in the CALDWELL, NE (GEORGETOWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18846District 03Field 14713500NGPA filingOilCasinghead gasSaveExport
Value, all time
$656 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
183
no gaps in the span
Streams
2
oil, casinghead 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 109 leases and 120 wells, and the rule below applies to all of them.

Discovered
1980-04-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1985-11-01.

The Commission's schedule remark for this field reads: THIS FIELD COMBINED INTO THE GIDDINGS (BUDA) FIELD.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition26,887 bbl$655,771
Casinghead gasProduction20 Mcf$0
Total$655,771

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 (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 30.6422, -96.5768. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.64215, -96.57678 · 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
7,620 ft
1 wells filed one
Completion to plug
36.3 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 7,620 ft.

Completions filed
Aug 1985
1 of 1 wells
Plug dates filed
Dec 2021
1 of 1 wells

Last completion to plug: a median of 36.3 years across the 1 well that filed both dates, with the middle half between 36.3 years and 36.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0413129317,620 ftAug 1985Dec 2021Yes

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 (183)

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

183 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007197070.906.39$13,967
Jun 20070062.007.55$0
May 2007173058.747.85$10,162
Apr 20070059.617.81$0
Mar 2007173056.927.30$9,847
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006176056.656.92$9,970
Nov 2006360054.207.62$19,512
Oct 20060054.906.01$0
Sep 2006186060.085.04$11,175
Aug 2006177068.717.34$12,162
Jul 2006177069.376.34$12,278
Jun 20060066.286.38$0
May 2006304066.016.42$20,067
Apr 20060064.397.36$0
Mar 2006177056.707.08$10,036
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 2005180054.9413.42$9,889
Nov 20050054.6910.59$0
Oct 2005303058.3413.80$17,677
Sep 20050061.4512.08$0
Aug 2005177061.519.80$10,887
Jul 20050055.697.84$0
Jun 2005341052.337.38$17,845
May 20050045.226.65$0
Apr 2005176049.207.36$8,659
Mar 2005178050.377.15$8,966
Feb 20050045.226.31$0
Jan 2005179043.166.32$7,726
Dec 2004195039.866.75$7,773
Nov 2004179045.286.33$8,105
Oct 2004365049.706.52$18,141
Sep 2004178043.245.28$7,697
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 2004173037.486.49$6,484
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 2004170032.455.51$5,517
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 2003171028.174.76$4,817
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003172026.595.97$4,573
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 2003174030.315.58$5,274
Dec 20021026.914.85$27
Nov 20020024.664.14$0
Oct 2002177026.464.23$4,683
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 2002168023.733.34$3,987
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 2002179022.003.10$3,938
Feb 2002179018.222.38$3,261
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 2001169018.072.41$3,054
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 2001172023.933.20$4,116
Jun 20010024.563.82$0
May 2001173025.524.31$4,415
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 2001172027.755.77$4,773
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000190031.235.15$5,934
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 2000177028.534.09$5,050
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000170024.513.12$4,167
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000171025.272.48$4,321
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 1999181020.982.80$3,797
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 1999188017.892.37$3,363
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 1999169015.102.21$2,552
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999179010.381.90$1,858
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 1998175012.421.97$2,174
Sep 19980012.592.08$0
Aug 1998180011.301.91$2,034
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 1998180012.622.21$2,272
Apr 19982013.042.51$26
Mar 1998169012.802.31$2,163
Feb 19980013.952.30$0
Jan 1998178014.702.15$2,617
Dec 1997186016.322.41$3,036
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 1997173017.742.95$3,069
Aug 1997174017.862.55$3,108
Jul 19970017.582.25$0
Jun 1997181017.242.26$3,120
May 19970018.972.31$0
Apr 1997188017.882.08$3,361
Mar 19970018.951.94$0
Feb 1997177020.492.21$3,627
Jan 1997174023.483.54$4,086
Dec 1996183023.32$4,268
Nov 1996179021.97$3,933
Oct 1996183023.31$4,266
Sep 1996183022.22$4,066
Aug 1996159020.26$3,221
Jul 1996341019.55$6,667
Jun 19960018.73$0
May 1996321019.43$6,237
Apr 1996177021.51$3,807
Mar 1996339019.38$6,570
Feb 1996166016.98$2,819
Jan 1996185017.07$3,158
Dec 1995355017.19$6,102
Nov 1995369016.00$5,904
Oct 1995175015.43$2,700
Sep 1995178016.18$2,880
Aug 1995509015.92$8,103
Jul 1995168015.24$2,560
Jun 1995348016.41$5,711
May 1995336017.56$5,900
Apr 1995350017.73$6,206
Mar 1995322016.44$5,294
Feb 1995536016.58$8,887
Jan 19950015.92$0
Dec 1994506015.03$7,605
Nov 1994525015.90$8,348
Oct 1994167015.58$2,602
Sep 1994506015.29$7,737
Aug 1994321116.13$5,178
Jul 1994336117.56$5,900
Jun 19940117.09$0
May 1994167115.88$2,652
Apr 1994348114.14$4,921
Mar 1994132112.46$1,645
Feb 1994343112.50$4,288
Jan 1994184112.66$2,329
Dec 1993339112.33$4,180
Nov 1993334114.49$4,840
Oct 1993158115.85$2,504
Sep 1993333115.03$5,005
Aug 1993350115.66$5,481
Jul 1993351115.46$5,426
Jun 1993703116.79$11,803
May 1993352117.68$6,223
Apr 1993853118.05$15,397
Mar 1993714118.14$12,952
Feb 19931,026117.90$18,365
Jan 19931,414116.93$23,939

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 2007 — as filed, then multipliedworked
Oil                  197 bbl  × $ 70.90 =    $13,967
Casinghead gas         0 Mcf  × $  6.39 =         $0

────────────────────────────────────────────────────
Month total                                  $13,967

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/18846 is the state's own key, not one this site invented.