SMITH GAS UNIT 1

Operated by OXY USA INC. (P-5 630591) in the KINGSVILLE, SW (COCHITI) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 196968District 04Field 495162002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.9 M
Jul 2003 – Apr 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
154
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 11 leases and 11 wells, and the rule below applies to all of them.

Discovered
2001-09-30
as the register files it
Field class
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 40 acres. The field rule took effect on 2002-01-08.

The Commission's schedule remark for this field reads: TO FILE MOST CURRENT TEST OR TEST FILED ON PREVIOUS SURVEY.

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
High Cost Gas112004-04-29156396
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
CondensateDisposition123,649 bbl$4,401,683
GasProduction947,193 Mcf$5,542,510
Total$9,944,193

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 27.4495, -97.8950. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.44950, -97.89498 · 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
14,113 ft
1 wells filed one
Completion to plug
10.3 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 14,113 ft.

Completions filed
Jan 2006
1 of 1 wells
Plug dates filed
Apr 2016
1 of 1 wells

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-27332391514,113 ftJan 2006Apr 2016Yes

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 (154)

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

154 months

Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201313091.233.42$1,186
Jan 2013132891.603.42$1,287
Dec 20123486.773.42$274
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201210101.102.57$101
Jan 2012114398.092.73$1,197
Dec 20113556696.873.24$5,224
Nov 20113072395.723.31$5,266
Oct 20112663784.983.65$4,534
Sep 20112477183.623.99$5,080
Aug 2011231,33383.404.15$7,449
Jul 2011241,34994.144.52$8,353
Jun 20112394892.904.64$6,535
May 20112695898.134.40$6,771
Apr 201122809105.964.33$5,837
Mar 20112973496.364.06$5,773
Feb 20112369785.644.18$4,883
Jan 20112773586.504.59$5,708
Dec 20102987485.734.35$6,286
Nov 20102274380.843.80$4,598
Oct 20102575678.103.51$4,605
Sep 20101992672.633.98$5,065
Aug 2010201,40673.684.42$7,687
Jul 20102096472.554.74$6,017
Jun 20102095070.364.91$6,072
May 20102394171.124.24$5,621
Apr 20102357581.694.12$4,249
Mar 20102018678.394.39$2,384
Feb 20102615673.585.44$2,762
Jan 20102550474.365.96$4,865
Dec 20093091471.445.48$7,155
Nov 20092954574.593.75$4,208
Oct 20092247772.544.11$3,556
Sep 2009552565.543.06$1,937
Aug 2009757667.423.22$2,326
Jul 2009745061.133.46$1,987
Jun 2009839966.163.90$2,083
May 20091346254.743.93$2,525
Apr 2009249146.773.59$1,855
Mar 2009775942.144.06$3,376
Feb 20091937932.814.63$2,379
Jan 20096449635.865.37$4,959
Dec 200822958037.105.98$11,963
Nov 200825743255.496.86$17,225
Oct 200825274975.246.92$24,145
Sep 200847492101.767.88$8,658
Aug 200817286114.228.48$4,368
Jul 200826350131.0811.39$7,394
Jun 200827457131.3313.03$9,502
May 200826533123.1711.57$9,372
Apr 200834384110.3110.45$7,765
Mar 20082920101.909.66$3,148
Feb 20082731692.538.77$5,270
Jan 2008288390.388.21$3,212
Dec 2007256588.337.30$2,683
Nov 20072514091.677.29$3,313
Oct 2007295882.856.92$2,804
Sep 20072722675.846.24$3,459
Aug 2007271569.066.39$1,960
Jul 2007311070.906.39$2,262
Jun 2007293662.007.55$2,070
May 20073110458.747.85$2,637
Apr 2007342459.617.81$2,214
Mar 2007366556.927.30$2,524
Feb 2007241855.108.22$1,470
Jan 2007282650.306.73$1,583
Dec 2006183756.656.92$1,276
Nov 20065514154.207.62$4,055
Oct 20061203854.906.01$6,817
Sep 200615780160.085.04$13,467
Aug 20061561,60668.717.34$22,507
Jul 20062145,37969.376.34$48,963
Jun 20061525,95866.286.38$48,110
May 20061986,99666.016.42$58,019
Apr 20062106,42864.397.36$60,835
Mar 20062016,49556.707.08$57,400
Feb 20067116,18357.597.75$88,872
Jan 20065854,33660.598.93$74,180
Dec 200532730354.9413.42$22,030
Nov 200562769554.6910.59$41,650
Oct 200599945458.3413.80$64,545
Sep 20051,1107,90861.4512.08$163,730
Aug 20051,60111,32761.519.80$209,446
Jul 20051,49611,92955.697.84$176,879
Jun 20051,49812,53752.337.38$170,926
May 20051,82613,69345.226.65$173,646
Apr 20051,18014,06449.207.36$161,574
Mar 20051,70916,90050.377.15$207,000
Feb 20051,31415,43445.226.31$156,837
Jan 20051,65418,91643.166.32$190,977
Dec 20041,93420,41239.866.75$214,892
Nov 20042,02121,00345.286.33$224,469
Oct 20042,34223,24049.706.52$267,808
Sep 20042,41523,52943.245.28$228,749
Aug 20042,60825,71542.375.55$253,236
Jul 20043,03427,67138.286.08$284,497
Jun 20042,98228,42136.106.43$290,483
May 20042,01130,38937.486.49$272,736
Apr 20043,42834,22734.475.86$318,681
Mar 20044,03139,61134.365.53$357,560
Feb 20042,83735,90132.455.51$289,862
Jan 20045,99445,23232.036.30$476,933
Dec 20038,52555,18030.266.30$605,691
Nov 20039,05356,03628.804.60$518,221
Oct 200314,26071,02028.174.76$739,734
Sep 200314,65182,22026.314.75$775,960
Aug 200318,766107,66729.765.13$1,110,778
Jul 20032,45619,90329.415.17$175,146

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 2013 — as filed, then multipliedworked
Condensate            13 bbl  × $ 91.23 =     $1,186
Gas                    0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $1,186

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. 04/G/196968 is the state's own key, not one this site invented.