SMITH, T.D.

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the SEVEN SISTERS,W. (WILCOX 1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 90063District 04Field 82387525NGPA filingCondensateGasSaveExport
Value, all time
$467 k
Jan 1993 – Feb 2010
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
206
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
1978-11-29
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: ALLOCATION FORMULA EFF. 5-1-81 PER AMENDMENT TO SWR 28 & 29

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
CondensateDisposition2,294 bbl$48,026
GasProduction262,238 Mcf$419,325
Total$467,351

128,268 Mcf of this lease's gas, across 46 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 28.0132, -98.5377. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01321, -98.53774 · 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
8,600 ft
1 wells filed one
Completion to plug
28.9 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 8,600 ft.

Completions filed
Nov 1978
1 of 1 wells
Plug dates filed
Oct 2007
1 of 1 wells

Last completion to plug: a median of 28.9 years across the 1 well that filed both dates, with the middle half between 28.9 years and 28.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1313291052 F8,600 ftNov 1978Oct 2007Yes

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 (206)

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

206 months

Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 200937071.445.48$2,643
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
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 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 200568050.377.15$3,425
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003083328.804.60$3,828
Oct 200301,19328.174.76$5,678
Sep 200301,21926.314.75$5,789
Aug 200301,32329.765.13$6,787
Jul 200301,10329.415.17$5,703
Jun 2003040628.565.98$2,429
May 2003531,22226.595.97$8,708
Apr 200301,56426.675.41$8,457
Mar 2003111,69331.146.10$10,663
Feb 200301,38433.487.93$10,969
Jan 2003201,74430.315.58$10,341
Dec 2002111,69026.914.85$8,499
Nov 200201,37724.664.14$5,697
Oct 20021142,00926.464.23$11,513
Sep 2002101,55727.443.64$5,934
Aug 2002102,01825.963.16$6,645
Jul 200281,62924.583.06$5,184
Jun 200281,94623.733.34$6,686
May 2002162,11524.663.58$7,975
Apr 200272,49523.653.51$8,929
Mar 2002213,14522.003.10$10,220
Feb 2002211,78518.222.38$4,623
Jan 20021613817.172.38$603
Dec 200171,28016.932.36$3,145
Nov 2001342,38918.072.41$6,361
Oct 200172,57819.782.53$6,658
Sep 200101,58324.262.25$3,564
Aug 2001066424.873.05$2,027
Jul 2001083423.933.20$2,666
Jun 2001093824.563.82$3,587
May 20011731,12925.524.31$9,278
Apr 200101,25024.685.34$6,669
Mar 2001015824.545.38$849
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000050831.235.15$2,614
Sep 200002,03131.875.19$10,534
Aug 200002,42829.644.54$11,025
Jul 200002,06128.534.09$8,429
Jun 20001762,77929.304.40$17,377
May 200002,24227.263.68$8,250
Apr 2000086924.513.12$2,708
Mar 200002,50428.422.86$7,161
Feb 200002,63327.622.73$7,179
Jan 200002,53125.272.48$6,278
Dec 199902,45424.282.42$5,948
Nov 199902,92023.192.43$7,107
Oct 199902,32120.982.80$6,507
Sep 199903,34521.752.62$8,760
Aug 199902,17619.262.88$6,257
Jul 1999047517.892.37$1,127
Jun 199901,97515.942.36$4,665
May 19993202,79215.792.32$11,533
Apr 1999087315.102.21$1,928
Mar 199902,17912.471.84$4,006
Feb 199912,8389.981.82$5,169
Jan 199903,73710.381.90$7,100
Dec 199803,0609.201.77$5,426
Nov 199801,54810.892.19$3,383
Oct 199801,47412.421.97$2,903
Sep 199801,20212.592.08$2,503
Aug 199801,47411.301.91$2,811
Jul 199802,53511.742.24$5,671
Jun 199803,02011.242.24$6,757
May 199801,27212.622.21$2,806
Apr 199802,99913.042.51$7,513
Mar 19981852,99212.802.31$9,278
Feb 19981953,83113.952.30$11,528
Jan 1998055914.702.15$1,205
Dec 19970016.322.41$0
Nov 1997011818.193.09$364
Oct 1997025119.253.15$791
Sep 1997085217.742.95$2,518
Aug 199701,42717.862.55$3,646
Jul 199712,34417.582.25$5,284
Jun 19970017.242.26$0
May 1997031318.972.31$723
Apr 199705217.882.08$108
Mar 199701,48018.951.94$2,870
Feb 199702,05420.492.21$4,531
Jan 199712,05123.483.54$7,283
Dec 1996060423.32$0
Nov 199601,83921.97$0
Oct 1996095723.31$0
Sep 1996128522.22$22
Aug 1996092720.26$0
Jul 199601,17819.55$0
Jun 1996066718.73$0
May 199601,18219.43$0
Apr 199601,44921.51$0
Mar 199601,48419.38$0
Feb 199601,34516.98$0
Jan 199601,16717.07$0
Dec 199501,50917.19$0
Nov 199502,11316.00$0
Oct 199502,63315.43$0
Sep 199503,36216.18$0
Aug 199504,56815.92$0
Jul 199502,91215.24$0
Jun 199501,09916.41$0
May 199502,74717.56$0
Apr 19955842,70717.73$10,354
Mar 199502,69116.44$0
Feb 199502,63016.58$0
Jan 199503,63515.92$0
Dec 19941782,22315.03$2,675
Nov 199403,34915.90$0
Oct 199403,62615.58$0
Sep 199403,82015.29$0
Aug 199403,41616.13$0
Jul 199404,00117.56$0
Jun 19940017.09$0
May 199403,13915.88$0
Apr 199402,13714.14$0
Mar 199404,46512.46$0
Feb 199403,93512.50$0
Jan 199402,38012.66$0
Dec 19930012.33$0
Nov 199303,28714.49$0
Oct 199304,27115.85$0
Sep 199304,75715.03$0
Aug 199304,44815.66$0
Jul 199305,42815.46$0
Jun 199304,06016.79$0
May 199304,16517.68$0
Apr 199303,58318.05$0
Mar 199304,39618.14$0
Feb 199303,99017.90$0
Jan 199303,70216.93$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.

Dec 2009 — as filed, then multipliedworked
Condensate            37 bbl  × $ 71.44 =     $2,643
Gas                    0 Mcf  × $  5.48 =         $0

────────────────────────────────────────────────────
Month total                                   $2,643

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/90063 is the state's own key, not one this site invented.