SMITH, WM., FEE

Operated by QUAIL CREEK OIL CORPORATION (P-5 684517) in the HULL (COOK MOUNTAIN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9206District 03Field 43381110OilCasinghead gasSaveExport
Value, all time
$7.6 M
Jan 1993 – Jul 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
187
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 11 leases and 34 wells, and the rule below applies to all of them.

Discovered
1968-04-01
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: MERCHANT (CONSOLIDATED) FIELD.

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
OilDisposition249,532 bbl$6,718,930
Casinghead gasProduction225,293 Mcf$881,085
Total$7,600,015

46,827 Mcf of this lease's gas, across 48 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 30.1345, -94.6586. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

30.13416, -94.65901 · 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%
7 of 7 wells
With a plug date
42.9%
3 of 7 wells
Median depth
9,788 ft
6 wells filed one
Completion to plug
7.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
7100.0%
A plug date is filed
342.9%
BothOn the schedule and plugged. Neither fact cancels the other.
342.9%
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 9,350 and 10,600 ft, median 9,788 ft, over the 6 wells that filed a depth.

Completions filed
Jul 1981 – Aug 2005
5 of 7 wells; 2 filed none
Plug dates filed
Nov 1980 – May 2001
3 of 7 wells; 4 filed none

Last completion to plug: a median of 7.3 years across the 2 wells that filed both dates, with the middle half between 5.6 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-2910176810Yes
42-291017752310,190 ftNov 1980Yes
42-291017742210,600 ftAug 2005Yes
42-29101769119,675 ftJan 2003Yes
42-2910178979,450 ftOct 1996Yes
42-29101791139,900 ftNov 1990May 2001Yes
42-2910176789,350 ftJul 1981Jun 1985Yes

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 (187)

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

187 months

Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
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 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20061,0931,61469.376.34$86,059
Jun 20061,3961,71766.286.38$103,488
May 20061,8063,35466.016.42$140,764
Apr 20061,2762,16964.397.36$98,127
Mar 20061,7983,22656.707.08$124,796
Feb 20061,9882,61257.597.75$134,735
Jan 20062,0052,07960.598.93$140,055
Dec 20052,0772,39254.9413.42$146,200
Nov 20052,5232,25454.6910.59$161,849
Oct 200591496758.3413.80$66,663
Sep 20051,5061,57061.4512.08$111,508
Aug 20052,1812,29661.519.80$156,647
Jul 20051,7743,05555.697.84$122,756
Jun 20051,7542,93852.337.38$113,472
May 20052,0842,78545.226.65$112,762
Apr 20051,7862,02949.207.36$102,806
Mar 20052,1622,82650.377.15$129,120
Feb 20051,5942,64745.226.31$88,788
Jan 20052,3022,77643.166.32$116,905
Dec 20041,9602,68939.866.75$96,279
Nov 20042,0242,14345.286.33$105,213
Oct 20042,1211,92849.706.52$117,975
Sep 20041,7011,54443.245.28$81,710
Aug 20041,7801,58342.375.55$84,205
Jul 20042,0411,56738.286.08$87,663
Jun 20041,5542,46736.106.43$71,970
May 20042,3511,51837.486.49$97,974
Apr 20041,3451,49334.475.86$55,109
Mar 20042,36676334.365.53$85,515
Feb 20042,10271532.455.51$72,149
Jan 20041,9041,22732.036.30$68,715
Dec 20032,3941,15430.266.30$79,715
Nov 20031,4661,12428.804.60$47,386
Oct 20031,7581,61828.174.76$57,224
Sep 20032,3071,99826.314.75$70,186
Aug 20032,3612,14229.765.13$81,251
Jul 20032,9352,24729.415.17$97,937
Jun 20032,9871,84328.565.98$96,335
May 20032,6221,50926.595.97$78,732
Apr 20032,8781,11226.675.41$82,769
Mar 20032,8511,69931.146.10$99,137
Feb 20032,9641,54833.487.93$111,504
Jan 20032,4521,51630.315.58$82,782
Dec 20028571,09626.914.85$28,382
Nov 20021,1191,25524.664.14$32,786
Oct 20029291,12426.464.23$29,335
Sep 20028631,85827.443.64$30,435
Aug 200289776325.963.16$25,700
Jul 200290276924.583.06$24,526
Jun 20029201,06523.733.34$25,387
May 20021,0211,06924.663.58$29,009
Apr 20021,4731,29123.653.51$39,371
Mar 20027291,07922.003.10$19,386
Feb 20021,0481,03418.222.38$21,551
Jan 20021,11897517.172.38$21,512
Dec 20019881,10116.932.36$19,330
Nov 20019931,61418.072.41$21,826
Oct 20011,2411,69519.782.53$28,833
Sep 200193490224.262.25$24,690
Aug 20011,2211,23324.873.05$34,131
Jul 200151865923.933.20$14,503
Jun 200177676024.563.82$21,965
May 20011,63585725.524.31$45,417
Apr 20011,19572224.685.34$33,345
Mar 20011,18298124.545.38$34,281
Feb 20011,04462327.755.77$32,564
Jan 20011,33687027.478.40$44,007
Dec 20001,7821,36326.889.12$60,334
Nov 20001,1611,41732.215.66$45,413
Oct 20001,4501,26031.235.15$51,767
Sep 20001,1561,19331.875.19$43,029
Aug 20001,1281,38529.644.54$39,723
Jul 20001,5001,22328.534.09$47,797
Jun 20009591,12529.304.40$33,046
May 20001,4391,56727.263.68$44,993
Apr 20009501,32224.513.12$27,404
Mar 20001,1751,56528.422.86$37,869
Feb 20001,5181,43427.622.73$45,837
Jan 20001,2841,50125.272.48$36,170
Dec 19991,2151,72424.282.42$33,679
Nov 19991,5261,72623.192.43$39,589
Oct 19991,1981,77420.982.80$30,108
Sep 19991,1112,06321.752.62$29,567
Aug 19991,4362,08419.262.88$33,650
Jul 19991,2202,83417.892.37$28,549
Jun 19991,4801,71415.942.36$27,640
May 19991,11389615.792.32$19,654
Apr 19991,0991,45915.102.21$19,816
Mar 19991,4691,79212.471.84$21,613
Feb 19991,1271,4059.981.82$13,801
Jan 19991,2212,09010.381.90$16,645
Dec 19981,1541,5709.201.77$13,401
Nov 19981,6402,03510.892.19$22,308
Oct 19981,1921,28212.421.97$17,329
Sep 19981,4021,14912.592.08$20,044
Aug 19981,38663611.301.91$16,875
Jul 19981,15255811.742.24$14,773
Jun 19981,53656511.242.24$18,529
May 19981,48560712.622.21$20,080
Apr 19981,45357213.042.51$20,380
Mar 19981,93466912.802.31$26,300
Feb 19981,52356913.952.30$22,554
Jan 19981,58963214.702.15$24,720
Dec 19971,7331,82016.322.41$32,671
Nov 19971,3251,38718.193.09$28,385
Oct 19971,1521,16319.253.15$25,839
Sep 19971,5151,13917.742.95$30,242
Aug 19971,3691,38117.862.55$27,978
Jul 19971,7221,65017.582.25$33,980
Jun 19971,4451,92617.242.26$29,259
May 19971,6922,28318.972.31$37,368
Apr 19971,7182,16717.882.08$35,231
Mar 19971,1611,47818.951.94$24,867
Feb 19971,5662,48320.492.21$37,565
Jan 19971,76498123.483.54$44,891
Dec 19961,4132,02323.32$32,951
Nov 19961,4551,78421.97$31,966
Oct 19961,7871,75123.31$41,655
Sep 19961,2011,10922.22$26,686
Aug 19961,3551,20620.26$27,452
Jul 19961,0691,05819.55$20,899
Jun 19961,1821,31718.73$22,139
May 19961,6311,51519.43$31,690
Apr 19961,2841,28121.51$27,619
Mar 19961,04399819.38$20,213
Feb 19961,09657516.98$18,610
Jan 19961,32758117.07$22,652
Dec 19951,34789817.19$23,155
Nov 19951,6031,22216.00$25,648
Oct 19951,3781,25415.43$21,263
Sep 19951,2811,23216.18$20,727
Aug 19951,5341,17915.92$24,421
Jul 19951,1991,25215.24$18,273
Jun 19951,30395416.41$21,382
May 19951,72891817.56$30,344
Apr 19951,2471,12217.73$22,109
Mar 19951,4961,05016.44$24,594
Feb 19951,47872016.58$24,505
Jan 19951,5961,05815.92$25,408
Dec 19941,3641,24515.03$20,501
Nov 19941,5971,03515.90$25,392
Oct 19941,28780815.58$20,051
Sep 19941,41667815.29$21,651
Aug 19941,75979916.13$28,373
Jul 19941,59879417.56$28,061
Jun 19941,89794917.09$32,420
May 19941,5981,10915.88$25,376
Apr 19941,49783214.14$21,168
Mar 19941,77971812.46$22,166
Feb 19941,62881712.50$20,350
Jan 19941,67956212.66$21,256
Dec 19931,58116412.33$19,494
Nov 19931,75158614.49$25,372
Oct 19931,43876115.85$22,792
Sep 19931,53089915.03$22,996
Aug 19931,84165515.66$28,830
Jul 19931,72363915.46$26,638
Jun 19931,76274016.79$29,584
May 19931,76350817.68$31,170
Apr 19931,19872518.05$21,624
Mar 19931,27881018.14$23,183
Feb 19931,5211,08517.90$27,226
Jan 19931,50785216.93$25,514

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 2006 — as filed, then multipliedworked
Oil                1,093 bbl  × $ 69.37 =    $75,821
Casinghead gas     1,614 Mcf  × $  6.34 =    $10,237

────────────────────────────────────────────────────
Month total                                  $86,059

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/9206 is the state's own key, not one this site invented.