SMITH, N. R.

Operated by ENERGEN RESOURCES CORPORATION (P-5 252002) in the ODEM field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1994District 04Field 66762001OilCasinghead gasSaveExport
Value, all time
$937 k
Jan 1993 – Dec 2002
Value, last 12 filed months
$676
at the published price for each month
Months reported
120
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 30 leases and 78 wells, and the rule below applies to all of them.

Discovered
1940-04-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: ONE WELL FIELD EFF. 1-1-91

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
OilDisposition48,067 bbl$846,759
Casinghead gasProduction116,539 Mcf$90,160
Total$936,919

80,357 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 (3)

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 27.9426, -97.6299. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

27.94239, -97.62962 · 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%
3 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
6,775 ft
3 wells filed one
Completion to plug
13.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
266.7%
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 5,459 and 6,783 ft, median 6,775 ft, over the 3 wells that filed a depth.

Completions filed
Jul 1995 – Sep 2006
3 of 3 wells
Plug dates filed
May 2003 – Oct 2015
2 of 3 wells; 1 filed none

Last completion to plug: a median of 13.3 years across the 2 wells that filed both dates, with the middle half between 9.8 years and 16.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-4090381946,783 ftSep 2006Yes
42-4090381825,459 ftFeb 1997May 2003Yes
42-4090382036,775 ftJul 1995Oct 2015Yes

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 (120)

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

120 months

Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20025024.663.58$123
Apr 20020023.653.51$0
Mar 2002017822.003.10$552
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 200111016.932.36$186
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 2001141024.685.34$3,480
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000163032.215.66$5,250
Oct 2000318031.235.15$9,931
Sep 2000326031.875.19$10,390
Aug 2000318029.644.54$9,426
Jul 2000178028.534.09$5,078
Jun 2000190029.304.40$5,567
May 2000038927.263.68$1,431
Apr 200034649524.513.12$10,023
Mar 200016553728.422.86$6,225
Feb 200033050827.622.73$10,500
Jan 200018691625.272.48$6,972
Dec 19991901,07924.282.42$7,228
Nov 199917697023.192.43$6,442
Oct 19991951,00720.982.80$6,914
Sep 19993341,01621.752.62$9,925
Aug 199936388419.262.88$9,533
Jul 19993951,01317.892.37$9,470
Jun 19991711,02115.942.36$5,137
May 19993791,03515.792.32$8,387
Apr 1999265015.102.21$4,002
Mar 1999331012.471.84$4,128
Feb 199933709.981.82$3,363
Jan 1999355010.381.90$3,685
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19983491,17111.301.91$6,177
Jul 19981621,29811.742.24$4,806
Jun 19983451,23911.242.24$6,650
May 1998401,44512.622.21$3,693
Apr 19981721,40813.042.51$5,770
Mar 19986751,33812.802.31$11,730
Feb 19985071,18913.952.30$9,806
Jan 19984931,35614.702.15$10,169
Dec 19976671,30316.322.41$14,027
Nov 19975061,30118.193.09$13,222
Oct 19976701,36419.253.15$17,194
Sep 19976781,27017.742.95$15,780
Aug 19975151,28817.862.55$12,488
Jul 199742899717.582.25$9,764
Jun 199752252317.242.26$10,180
May 19975171,22918.972.31$12,645
Apr 19973461,57217.882.08$9,461
Mar 19976921,41218.951.94$15,851
Feb 19977001,14220.492.21$16,862
Jan 19974751,28923.483.54$15,716
Dec 19968651,65623.32$20,172
Nov 19963331,17321.97$7,316
Oct 19966901,43823.31$16,084
Sep 19966781,41722.22$15,065
Aug 19963331,78120.26$6,747
Jul 19966681,56019.55$13,059
Jun 19966681,66018.73$12,512
May 19964961,67219.43$9,637
Apr 19966721,34221.51$14,455
Mar 19968341,83919.38$16,163
Feb 19964871,38916.98$8,269
Jan 19966601,45717.07$11,266
Dec 19956761,77517.19$11,620
Nov 19956682,03516.00$10,688
Oct 19956752,06615.43$10,415
Sep 19958472,22516.18$13,704
Aug 19956731,79915.92$10,714
Jul 19956391,88115.24$9,738
Jun 19956752,37116.41$11,077
May 19956592,16817.56$11,572
Apr 19956651,95217.73$11,790
Mar 19958371,99216.44$13,760
Feb 19958531,76816.58$14,143
Jan 19955352,20615.92$8,517
Dec 19947011,81415.03$10,536
Nov 19941,0091,77415.90$16,043
Oct 19945261,92915.58$8,195
Sep 19944981,59215.29$7,614
Aug 199465984716.13$10,630
Jul 19948022,71517.56$14,083
Jun 199458073717.09$9,912
May 199485143715.88$13,514
Apr 19946181,21914.14$8,739
Mar 19948381,46012.46$10,441
Feb 19948311,23812.50$10,388
Jan 19940012.66$0
Dec 199317063812.33$2,096
Nov 19936771,38214.49$9,810
Oct 19931,0342,27115.85$16,389
Sep 19938722,45815.03$13,106
Aug 19938522,04715.66$13,342
Jul 19937053,93215.46$10,899
Jun 19938543,45716.79$14,339
May 19936881,34317.68$12,164
Apr 19930018.05$0
Mar 199350390618.14$9,124
Feb 19931,3741,68217.90$24,595
Jan 19931,0121,85716.93$17,133

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 2002 — as filed, then multipliedworked
Oil                    5 bbl  × $ 24.66 =       $123
Casinghead gas         0 Mcf  × $  3.58 =         $0

────────────────────────────────────────────────────
Month total                                     $123

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/1994 is the state's own key, not one this site invented.