SMITH, T.D. STATE

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the SEVEN SISTERS, W. (5700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10158District 04Field 82387700OilCasinghead gasSaveExport
Value, all time
$380 k
Jan 1993 – Jan 2013
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
241
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 8 leases and 10 wells, and the rule below applies to all of them.

Discovered
1977-01-09
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

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
OilDisposition10,705 bbl$331,124
Casinghead gasProduction21,299 Mcf$48,929
Total$380,053

4,010 Mcf of this lease's gas, across 43 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 (2)

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 28.0121, -98.5416. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

28.01214, -98.54163 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
6,130 ft
2 wells filed one
Completion to plug
16.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 6,050 and 6,210 ft, median 6,130 ft, over the 2 wells that filed a depth.

Completions filed
Dec 1982 – Oct 2009
2 of 2 wells
Plug dates filed
Aug 2012
2 of 2 wells

Last completion to plug: a median of 16.3 years across the 2 wells that filed both dates, with the middle half between 9.6 years and 23.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-13139166566,210 ftOct 2009Aug 2012Yes
42-1313613016,050 ftDec 1982Aug 2012Yes

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 (241)

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

241 months

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 20121120101.102.57$11,323
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 2011182098.134.40$17,860
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 2010159070.364.91$11,187
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 2010181073.585.44$13,318
Jan 20100074.365.96$0
Dec 20090071.445.48$0
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 2009168066.163.90$11,115
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 2008176037.105.98$6,530
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20081710114.228.48$19,532
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 2007182088.337.30$16,076
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 2006152056.656.92$8,611
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006174068.717.34$11,956
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 2006182057.597.75$10,481
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 2005183061.519.80$11,256
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005173050.377.15$8,714
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004172049.706.52$8,548
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 2004183036.106.43$6,606
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 2004173032.036.30$5,541
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 2003180029.415.17$5,294
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 2003170026.675.41$4,534
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 2003167030.315.58$5,062
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 2002176026.464.23$4,657
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20024828024.663.58$2,187
Apr 200212525623.653.51$3,855
Mar 20020122.003.10$3
Feb 2002019718.222.38$468
Jan 2002116117.172.38$1,994
Dec 2001029416.932.36$695
Nov 2001023418.072.41$563
Oct 200112535019.782.53$3,358
Sep 2001033724.262.25$759
Aug 200117536624.873.05$5,470
Jul 2001035023.933.20$1,119
Jun 200104024.563.82$153
May 200113528525.524.31$4,673
Apr 20010124.685.34$5
Mar 20010124.545.38$5
Feb 2001184127.755.77$5,112
Jan 2001012227.478.40$1,025
Dec 2000022426.889.12$2,043
Nov 2000024332.215.66$1,375
Oct 2000028931.235.15$1,487
Sep 20006426831.875.19$3,430
Aug 20009721829.644.54$3,865
Jul 2000028428.534.09$1,161
Jun 200011229429.304.40$4,574
May 2000033027.263.68$1,214
Apr 200015830324.513.12$4,817
Mar 2000030828.422.86$881
Feb 200005827.622.73$158
Jan 20000025.272.48$0
Dec 199908724.282.42$211
Nov 199915519623.192.43$4,072
Oct 1999034020.982.80$953
Sep 1999033621.752.62$880
Aug 19995137219.262.88$2,052
Jul 199916838817.892.37$3,926
Jun 1999038715.942.36$914
May 1999035915.792.32$833
Apr 19996037115.102.21$1,725
Mar 199912936612.471.84$2,281
Feb 199903029.981.82$549
Jan 199912135910.381.90$1,938
Dec 199803969.201.77$702
Nov 199811838310.892.19$2,122
Oct 1998037512.421.97$738
Sep 199817936412.592.08$3,012
Aug 1998033711.301.91$643
Jul 1998035811.742.24$801
Jun 199818241811.242.24$2,981
May 1998035212.622.21$777
Apr 1998034813.042.51$872
Mar 1998030612.802.31$707
Feb 199815828313.952.30$2,855
Jan 1998037614.702.15$810
Dec 1997027016.322.41$651
Nov 19970018.193.09$0
Oct 199713720719.253.15$3,289
Sep 1997035617.742.95$1,052
Aug 1997034217.862.55$874
Jul 199710235817.582.25$2,598
Jun 1997032317.242.26$729
May 19977639618.972.31$2,356
Apr 199711134117.882.08$2,695
Mar 1997040718.951.94$789
Feb 19971621720.492.21$3,357
Jan 1997217823.483.54$677
Dec 199615231723.32$3,545
Nov 1996024821.97$0
Oct 1996033023.31$0
Sep 199614834222.22$3,289
Aug 1996036320.26$0
Jul 199615738519.55$3,069
Jun 1996031018.73$0
May 199615030219.43$2,915
Apr 1996025121.51$0
Mar 199615155319.38$2,926
Feb 1996037716.98$0
Jan 199614020117.07$2,390
Dec 1995159117.19$2,733
Nov 19950116.00$0
Oct 1995156115.43$2,407
Sep 19950116.18$0
Aug 1995161115.92$2,563
Jul 19950115.24$0
Jun 19950116.41$0
May 1995467117.56$8,201
Apr 19951117.73$18
Mar 19950016.44$0
Feb 1995173016.58$2,868
Jan 19950115.92$0
Dec 1994174015.03$2,615
Nov 19940015.90$0
Oct 1994159015.58$2,477
Sep 19940115.29$0
Aug 19940116.13$0
Jul 1994147117.56$2,581
Jun 19940117.09$0
May 19940115.88$0
Apr 199428114.14$396
Mar 1994144112.46$1,794
Feb 19940112.50$0
Jan 1994137112.66$1,734
Dec 19930112.33$0
Nov 1993162114.49$2,347
Oct 19930115.85$0
Sep 1993146115.03$2,194
Aug 1993157115.66$2,459
Jul 19930115.46$0
Jun 1993164116.79$2,754
May 1993142117.68$2,511
Apr 19930118.05$0
Mar 1993145118.14$2,630
Feb 1993171117.90$3,061
Jan 1993148116.93$2,506

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 2012 — as filed, then multipliedworked
Oil                  112 bbl  × $101.10 =    $11,323
Casinghead gas         0 Mcf  × $  2.57 =         $0

────────────────────────────────────────────────────
Month total                                  $11,323

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/O/10158 is the state's own key, not one this site invented.