SMITH GAS UNIT #1

Operated by NADCF RECOVERY GROUP, INC. (P-5 598932) in the MERCEDES (3-B, WEST) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 54867District 04Field 60538485NGPA filingCondensateGasSaveExport
Value, all time
$936 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1973-03-14
as the register files it
Field class
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: FROM AOF TO ONE WELL EFF 10-1-93

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
CondensateDisposition2,632 bbl$65,470
GasProduction264,681 Mcf$870,495
Total$935,965

80,743 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 (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 26.2404, -97.9162. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.24043, -97.91616 · 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
7,550 ft
1 wells filed one
Completion to plug
43.9 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 7,550 ft.

Completions filed
Mar 1973
1 of 1 wells
Plug dates filed
Feb 2017
1 of 1 wells

Last completion to plug: a median of 43.9 years across the 1 well that filed both dates, with the middle half between 43.9 years and 43.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2150202917,550 ftMar 1973Feb 2017Yes

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 (401)

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

401 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 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
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 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
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 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201028071.124.24$1,991
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090971.445.48$49
Nov 20090074.593.75$0
Oct 20090572.544.11$21
Sep 20090065.543.06$0
Aug 200901267.423.22$39
Jul 2009025961.133.46$897
Jun 2009015966.163.90$619
May 200902554.743.93$98
Apr 2009036946.773.59$1,324
Mar 2009010742.144.06$434
Feb 2009036132.814.63$1,673
Jan 2009031735.865.37$1,703
Dec 2008030237.105.98$1,805
Nov 200805355.496.86$364
Oct 200803475.246.92$235
Sep 20080206101.767.88$1,623
Aug 20080337114.228.48$2,859
Jul 20080218131.0811.39$2,483
Jun 20080683131.3313.03$8,901
May 20080824123.1711.57$9,537
Apr 20080785110.3110.45$8,207
Mar 20080557101.909.66$5,383
Feb 2008052892.538.77$4,631
Jan 2008071790.388.21$5,884
Dec 200718947088.337.30$20,126
Nov 2007065091.677.29$4,740
Oct 2007077582.856.92$5,365
Sep 2007062975.846.24$3,928
Aug 2007083569.066.39$5,334
Jul 2007066570.906.39$4,248
Jun 2007023262.007.55$1,751
May 2007056758.747.85$4,449
Apr 2007068759.617.81$5,362
Mar 2007092256.927.30$6,732
Feb 2007076155.108.22$6,252
Jan 2007074850.306.73$5,032
Dec 2006082956.656.92$5,735
Nov 2006075454.207.62$5,744
Oct 2006092154.906.01$5,539
Sep 200601,00160.085.04$5,042
Aug 200601,11168.717.34$8,155
Jul 200601,27269.376.34$8,068
Jun 200601,28266.286.38$8,184
May 200601,28266.016.42$8,237
Apr 200601,00564.397.36$7,397
Mar 2006061656.707.08$4,363
Feb 2006039157.597.75$3,031
Jan 2006035160.598.93$3,136
Dec 200501,99854.9413.42$26,804
Nov 200501,52754.6910.59$16,168
Oct 200501,01358.3413.80$13,975
Sep 200501,38761.4512.08$16,754
Aug 200501,50561.519.80$14,744
Jul 200501,42655.697.84$11,185
Jun 200501,32152.337.38$9,750
May 200501,31245.226.65$8,726
Apr 200501,51849.207.36$11,173
Mar 200501,59650.377.15$11,419
Feb 2005097145.226.31$6,129
Jan 200501,16143.166.32$7,340
Dec 2004197939.866.75$6,649
Nov 200401,28845.286.33$8,154
Oct 200401,43849.706.52$9,369
Sep 200401,25143.245.28$6,610
Aug 20049795442.375.55$9,405
Jul 200401,52838.286.08$9,297
Jun 200481,23536.106.43$8,234
May 2004097837.486.49$6,352
Apr 200401,52434.475.86$8,928
Mar 200421,52334.365.53$8,491
Feb 2004093432.455.51$5,146
Jan 200441,61032.036.30$10,271
Dec 2003451,17230.266.30$8,747
Nov 200301,46228.804.60$6,718
Oct 200321,59428.174.76$7,643
Sep 200301,52926.314.75$7,262
Aug 200311,46329.765.13$7,535
Jul 200331,86329.415.17$9,722
Jun 200301,24628.565.98$7,455
May 200301,19226.595.97$7,119
Apr 200301,51026.675.41$8,165
Mar 200301,42931.146.10$8,711
Feb 20031731,26933.487.93$15,850
Jan 200301,51230.315.58$8,440
Dec 200201,71726.914.85$8,334
Nov 20021831,40424.664.14$10,321
Oct 200241,30326.464.23$5,616
Sep 2002096527.443.64$3,508
Aug 200201,16125.963.16$3,674
Jul 2002089524.583.06$2,740
Jun 200201,10223.733.34$3,679
May 200201,51424.663.58$5,426
Apr 200201,28123.653.51$4,499
Mar 200201,44522.003.10$4,483
Feb 200201,33618.222.38$3,174
Jan 200201,22217.172.38$2,903
Dec 200101,17616.932.36$2,781
Nov 200101,54518.072.41$3,717
Oct 200101,24219.782.53$3,141
Sep 200101,01424.262.25$2,283
Aug 200101,59024.873.05$4,855
Jul 200101,20223.933.20$3,843
Jun 200101,58024.563.82$6,042
May 200101,59525.524.31$6,870
Apr 200101,68624.685.34$8,995
Mar 2001076124.545.38$4,091
Feb 200101,12827.755.77$6,505
Jan 200101,02427.478.40$8,600
Dec 200001,13626.889.12$10,363
Nov 200001,19032.215.66$6,733
Oct 200002,04931.235.15$10,543
Sep 200001,91631.875.19$9,937
Aug 200001,89429.644.54$8,600
Jul 200001,84528.534.09$7,546
Jun 200001,79929.304.40$7,911
May 200001,97227.263.68$7,256
Apr 200002,01724.513.12$6,285
Mar 200001,67328.422.86$4,784
Feb 200001,26627.622.73$3,452
Jan 200021,30425.272.48$3,285
Dec 199901,07924.282.42$2,615
Nov 199901,13223.192.43$2,755
Oct 1999055220.982.80$1,548
Sep 199901,01121.752.62$2,648
Aug 199901,17619.262.88$3,382
Jul 199901,32217.892.37$3,136
Jun 199901,08015.942.36$2,551
May 199901,33015.792.32$3,087
Apr 199901,41615.102.21$3,127
Mar 199918497812.471.84$4,092
Feb 199901,3319.981.82$2,419
Jan 199901,43310.381.90$2,723
Dec 199801,9369.201.77$3,433
Nov 199802,21510.892.19$4,841
Oct 199801,24512.421.97$2,452
Sep 199802,19212.592.08$4,565
Aug 199801,82311.301.91$3,477
Jul 199802,21211.742.24$4,949
Jun 199802,02911.242.24$4,539
May 199802,17012.622.21$4,788
Apr 199802,04313.042.51$5,118
Mar 199802,07912.802.31$4,801
Feb 199801,73513.952.30$3,989
Jan 19981691,73614.702.15$6,225
Dec 199701,81916.322.41$4,386
Nov 199701,96318.193.09$6,062
Oct 199702,26919.253.15$7,147
Sep 199702,27317.742.95$6,716
Aug 199702,32817.862.55$5,947
Jul 199702,23417.582.25$5,020
Jun 199701,65017.242.26$3,724
May 1997097518.972.31$2,251
Apr 199701,07517.882.08$2,239
Mar 199701,07818.951.94$2,090
Feb 199701,20420.492.21$2,656
Jan 199702,02523.483.54$7,168
Dec 199601,82123.32$0
Nov 199601,67221.97$0
Oct 199601,82023.31$0
Sep 199601,69222.22$0
Aug 19961772,04820.26$3,586
Jul 199602,27719.55$0
Jun 199602,40318.73$0
May 199602,60719.43$0
Apr 199602,14221.51$0
Mar 1996034319.38$0
Feb 1996092116.98$0
Jan 19961801,01817.07$3,073
Dec 199501,09617.19$0
Nov 1995091716.00$0
Oct 1995061915.43$0
Sep 1995083716.18$0
Aug 1995082815.92$0
Jul 19951841,16415.24$2,804
Jun 1995076316.41$0
May 1995081617.56$0
Apr 199501,16417.73$0
Mar 199501,24216.44$0
Feb 19951841,21516.58$3,051
Jan 199501,63315.92$0
Dec 199401,61115.03$0
Nov 199401,37415.90$0
Oct 199402,34015.58$0
Sep 199401,94115.29$0
Aug 19941802,41916.13$2,903
Jul 199402,38217.56$0
Jun 199402,66117.09$0
May 199402,63915.88$0
Apr 19941712,06514.14$2,418
Mar 199401,86012.46$0
Feb 199401,78112.50$0
Jan 199401,98012.66$0
Dec 199301,94612.33$0
Nov 199301,91714.49$0
Oct 199301,82615.85$0
Sep 19931351,50815.03$2,029
Aug 199302,11215.66$0
Jul 19931442,00715.46$2,226
Jun 199322,12816.79$34
May 199301,94517.68$0
Apr 19931801,82118.05$3,249
Mar 199301,87618.14$0
Feb 199301,64517.90$0
Jan 199301,90116.93$0

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.

May 2010 — as filed, then multipliedworked
Condensate            28 bbl  × $ 71.12 =     $1,991
Gas                    0 Mcf  × $  4.24 =         $0

────────────────────────────────────────────────────
Month total                                   $1,991

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/54867 is the state's own key, not one this site invented.