SMITH 103

Operated by BASA RESOURCES, INC. (P-5 53974) in the VAN (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3247District 05Field 93042166OilCasinghead gasSave
Value, all time
$5.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$100 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition152,897 bbl$4,318,726
Casinghead gasProduction327,400 Mcf$1,100,396
Total$5,419,122

73,420 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 (8)

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 32.5479, -95.6198. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.54762, -95.61969 · 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
62.5%
5 of 8 wells
With a plug date
62.5%
5 of 8 wells
Median depth
2,490 ft
8 wells filed one
Completion to plug
16.3 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
562.5%
A plug date is filed
562.5%
BothOn the schedule and plugged. Neither fact cancels the other.
562.5%
NeitherNo plug date, and not on the schedule.
337.5%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 8 of 8 wells. Median 2,490 ft, with the middle half between 2,450 and 2,986 ft; the shallowest is 2,386 ft and the deepest 3,085 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

80s
90s
00s

Last completion by decade, 8 of 8 wells, Aug 1988 – Apr 2002. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 1988 – Apr 2002
8 of 8 wells
Plug dates filed
Feb 2003 – Oct 2013
5 of 8 wells; 3 filed none

Last completion to plug: a median of 16.3 years across the 5 wells that filed both dates, with the middle half between 13.4 years and 18.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-4673069082,386 ftApr 2002Feb 2003Yes
42-4673014773,085 ftApr 2000
42-46730973132,428 ftJul 1997Oct 2013Yes
42-4670050032,988 ftJun 1997Nov 2010Yes
42-46730953122,500 ftMar 1996
42-46730859112,457 ftMar 1992
42-4670050142,985 ftOct 1990Oct 2008Yes
42-4673070492,480 ftAug 1988Nov 2010Yes

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 2026118349106.413.05$13,619
Apr 202611835498.932.87$12,690
Mar 202615037689.753.15$14,647
Feb 202611024863.503.75$7,915
Jan 20266531659.138.00$6,371
Dec 202512234756.664.41$8,444
Nov 202511929358.593.93$8,123
Oct 20257823659.383.30$5,412
Sep 20255319462.743.08$3,922
Aug 20257925363.933.01$5,813
Jul 20258228066.743.32$6,401
Jun 20259225866.483.13$6,923
May 20257722960.553.23$5,403
Apr 202514431762.363.54$10,103
Mar 20255317967.704.27$4,352
Feb 20255918770.884.34$4,994
Jan 20258321374.324.28$7,080
Dec 20247421768.993.12$5,783
Nov 20248418869.052.20$6,214
Oct 2024788571.372.28$5,761
Sep 20246237769.612.36$5,207
Aug 20245627275.632.06$4,797
Jul 20246522879.932.15$5,685
Jun 20246119578.082.63$5,277
May 20245920678.812.20$5,103
Apr 20246119784.451.66$5,478
Mar 20246620380.301.55$5,613
Feb 20244918976.091.78$4,066
Jan 20246621473.023.30$5,525
Dec 20238526871.262.61$6,757
Nov 20239328877.892.81$8,052
Oct 20237224585.443.09$6,908
Sep 202361089.042.74$5,431
Aug 20236930180.522.67$6,360
Jul 20236431774.852.64$5,628
Jun 20235430368.962.26$4,408
May 20236720170.622.23$5,179
Apr 20237718578.122.24$6,429
Mar 20237014872.852.39$5,454
Feb 20233114275.112.47$2,679
Jan 20237622576.533.39$6,579
Dec 20228117476.415.73$7,186
Nov 20224722785.005.65$5,277
Oct 2022224087.185.86$1,582
Sep 2022116784.888.16$1,448
Aug 2022120394.529.13$1,947
Jul 20223202101.587.54$1,828
Jun 202220186115.097.98$3,786
May 202220193109.378.43$3,815
Apr 202220209104.226.84$3,513
Mar 202215232108.885.08$2,811
Feb 20221017891.054.86$1,775
Jan 20221520481.844.54$2,153
Dec 20211223371.323.90$1,764
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 2013115388.853.74$661
Oct 2013164097.423.78$1,710
Sep 201357229104.113.72$6,786
Aug 201351253104.253.52$6,208
Jul 201324257102.523.72$3,416
Jun 201399094.403.93$1,204
May 20133023894.834.15$3,832
Apr 20133323193.964.28$4,090
Mar 20133222993.623.91$3,892
Feb 20132215191.233.42$2,523
Jan 20137717491.603.42$7,648
Dec 2012217486.773.42$2,075
Nov 20125717886.953.62$5,601
Oct 20128422789.383.40$8,280
Sep 20127722694.672.92$7,949
Aug 20127233492.662.91$7,643
Jul 20128032285.133.02$7,783
Jun 20128424479.822.52$7,320
May 20129928291.612.49$9,771
Apr 201287329101.652.00$9,501
Mar 2012158306105.052.22$17,278
Feb 201298254101.102.57$10,561
Jan 20129729498.092.73$10,319
Dec 201110824196.873.24$11,243
Nov 20119026095.723.31$9,476
Oct 20117526484.983.65$7,337
Sep 20113225783.623.99$3,700
Aug 20113825583.404.15$4,227
Jul 20116928094.144.52$7,760
Jun 201117442192.904.64$18,118
May 201119638598.134.40$20,929
Apr 2011145320105.964.33$16,751
Mar 201113133296.364.06$13,970
Feb 20118732885.644.18$8,822
Jan 201112444286.504.59$12,754
Dec 201011745085.734.35$11,987
Nov 201018748280.843.80$16,946
Oct 201018153278.103.51$16,003
Sep 201018857672.633.98$15,947
Aug 201023764373.684.42$20,304
Jul 201024561672.554.74$20,692
Jun 201021751070.364.91$17,772
May 201022450571.124.24$18,070
Apr 201020550481.694.12$18,824
Mar 201023654878.394.39$20,905
Feb 201019945673.585.44$17,124
Jan 201021751974.365.96$19,231
Dec 200921851571.445.48$18,398
Nov 200924852074.593.75$20,449
Oct 200925949972.544.11$20,839
Sep 200924960365.543.06$18,168
Aug 200934160267.423.22$24,928
Jul 200932052861.133.46$21,391
Jun 200933254066.163.90$24,068
May 200929954954.743.93$18,523
Apr 200923555746.773.59$12,989
Mar 200924663442.144.06$12,940
Feb 200924356032.814.63$10,567
Jan 200924262835.865.37$12,051
Dec 200829574137.105.98$15,374
Nov 200828774155.496.86$21,009
Oct 200834183275.246.92$31,416
Sep 2008362910101.767.88$44,005
Aug 2008407882114.228.48$53,970
Jul 2008333824131.0811.39$53,035
Jun 2008105485131.3313.03$20,110
May 2008146565123.1711.57$24,522
Apr 2008179555110.3110.45$25,548
Mar 2008194551101.909.66$25,094
Feb 200813354492.538.77$17,078
Jan 200821870690.388.21$25,496
Dec 200725874188.337.30$28,200
Nov 200723579391.677.29$27,325
Oct 200724364782.856.92$24,611
Sep 200725865975.846.24$23,682
Aug 200722277069.066.39$20,250
Jul 200718766070.906.39$17,474
Jun 200720659662.007.55$17,271
May 200726187858.747.85$22,220
Apr 200721085759.617.81$19,207
Mar 200722686956.927.30$19,209
Feb 200722890155.108.22$19,965
Jan 200721998650.306.73$17,648
Dec 20062901,02656.656.92$23,527
Nov 20063321,05954.207.62$26,061
Oct 200619861654.906.01$14,575
Sep 20062781,16060.085.04$22,545
Aug 200624793068.717.34$23,798
Jul 200629368969.376.34$24,696
Jun 200628172166.286.38$23,227
May 20062561,08066.016.42$23,838
Apr 200624295564.397.36$22,612
Mar 20062431,00256.707.08$20,875
Feb 20062191,08857.597.75$21,045
Jan 20063691,34360.598.93$34,355
Dec 20053561,25954.9413.42$36,449
Nov 20053361,32054.6910.59$32,353
Oct 20054041,56858.3413.80$45,201
Sep 20054341,73661.4512.08$47,638
Aug 20056102,01861.519.80$57,291
Jul 20057112,13355.697.84$56,326
Jun 20055171,46852.337.38$37,890
May 20055261,38445.226.65$32,991
Apr 20054991,35749.207.36$34,539
Mar 20055061,30750.377.15$34,839
Feb 20053691,05445.226.31$23,339
Jan 20054751,20243.166.32$28,100
Dec 20045331,28039.866.75$29,887
Nov 20045841,36845.286.33$35,104
Oct 20045151,27349.706.52$33,889
Sep 20044941,21743.245.28$27,791
Aug 20045351,23642.375.55$29,529
Jul 20045861,23738.286.08$29,958
Jun 20045931,19436.106.43$29,088
May 20046601,26237.486.49$32,933
Apr 20045401,13434.475.86$25,257
Mar 200436799534.365.53$18,113
Feb 200420389132.455.51$11,496
Jan 200426876832.036.30$13,422
Dec 200328277330.266.30$13,404
Nov 200334598928.804.60$14,481
Oct 20033181,10628.174.76$14,222
Sep 20032741,06926.314.75$12,286
Aug 20032821,12929.765.13$14,184
Jul 20032611,11529.415.17$13,442
Jun 200325498128.565.98$13,124
May 20032361,05626.595.97$12,582
Apr 20032251,03826.675.41$11,614
Mar 200328398831.146.10$14,836
Feb 200322287633.487.93$14,376
Jan 20032811,01130.315.58$14,161
Dec 200225386326.914.85$10,997
Nov 200224085124.664.14$9,439
Oct 200224092626.464.23$10,267
Sep 200218282627.443.64$7,997
Aug 200220890425.963.16$8,260
Jul 200222289524.583.06$8,197
Jun 200220787923.733.34$7,846
May 200222978524.663.58$8,461
Apr 20023291,04723.653.51$11,458
Mar 20023191,31822.003.10$11,107
Feb 20023671,28318.222.38$9,735
Jan 20024461,39717.172.38$10,977
Dec 20015051,39516.932.36$11,848
Nov 20014421,37618.072.41$11,297
Oct 20013881,44719.782.53$11,334
Sep 20014451,41424.262.25$13,979
Aug 20016801,72924.873.05$22,191
Jul 20017391,75623.933.20$23,298
Jun 20016291,58624.563.82$21,513
May 20014741,39025.524.31$18,084
Apr 20015171,35324.685.34$19,978
Mar 20015181,36724.545.38$20,061
Feb 200145997427.755.77$18,354
Jan 20014851,36027.478.40$24,745
Dec 20005001,24326.889.12$24,779
Nov 20006511,69232.215.66$30,542
Oct 20008612,07931.235.15$37,587
Sep 20008661,94331.875.19$37,677
Aug 20008691,59629.644.54$33,004
Jul 20009561,64628.534.09$34,006
Jun 20001,0201,57129.304.40$36,794
May 20001,0921,85227.263.68$36,583
Apr 20001,4582,25424.513.12$42,759
Mar 20001,5952,94728.422.86$53,758
Feb 20001,7382,86927.622.73$55,826
Jan 20001,3752,76825.272.48$41,612
Dec 19998841,99124.282.42$26,289
Nov 19998181,97023.192.43$23,764
Oct 19998841,98120.982.80$24,100
Sep 19998242,07221.752.62$23,348
Aug 19999382,22119.262.88$24,453
Jul 19999692,14217.892.37$22,417
Jun 19999902,14815.942.36$20,854
May 19991,1652,25915.792.32$23,639
Apr 19991,2042,27715.102.21$23,208
Mar 19991,2432,29512.471.84$19,719
Feb 19991,0232,1689.981.82$14,151
Jan 19991,2572,49510.381.90$17,788
Dec 19981,2552,6279.201.77$16,205
Nov 19981,3192,64710.892.19$20,150
Oct 19981,4952,80512.421.97$24,092
Sep 19981,4882,60312.592.08$24,155
Aug 19981,6243,83311.301.91$25,662
Jul 19981,9543,68011.742.24$31,173
Jun 19981,8293,33011.242.24$28,008
May 19981,9473,61112.622.21$32,538
Apr 19981,7763,61313.042.51$32,211
Mar 19981,9053,24612.802.31$31,880
Feb 19981,6832,95313.952.30$30,267
Jan 19981,8373,10414.702.15$33,692
Dec 19972,4923,82616.322.41$49,894
Nov 19973,6765,58918.193.09$84,127
Oct 19971,5942,94619.253.15$39,964
Sep 19971,9142,92117.742.95$42,586
Aug 19972,1262,80817.862.55$45,144
Jul 19972,5951,88817.582.25$49,862
Jun 19971,4091,69517.242.26$28,117
May 19977581,46618.972.31$17,764
Apr 19979331,48117.882.08$19,767
Mar 19971,0621,49418.951.94$23,022
Feb 19971,0001,29020.492.21$23,336
Jan 19971,0041,32323.483.54$28,257
Dec 19966811,05423.32$15,881
Nov 19966081,04521.97$13,358
Oct 19967901,09623.31$18,415
Sep 19961,0551,24622.22$23,442
Aug 19961,2471,51520.26$25,264
Jul 19961,3521,49219.55$26,432
Jun 19961,1242,02418.73$21,053
May 19961,0122,47519.43$19,663
Apr 19961,5872,40121.51$34,136
Mar 19961,2601,36919.38$24,419
Feb 199658696916.98$9,950
Jan 19967171,19017.07$12,239
Dec 19959041,18417.19$15,540
Nov 19956381,30216.00$10,208
Oct 19957441,72915.43$11,480
Sep 19951,0552,48216.18$17,070
Aug 19956331,33015.92$10,077
Jul 19957941,42115.24$12,101
Jun 19956061,20716.41$9,944
May 19956951,17117.56$12,204
Apr 19957051,29617.73$12,500
Mar 19959181,44016.44$15,092
Feb 199557496116.58$9,517
Jan 199546854015.92$7,451
Dec 199453249015.03$7,996
Nov 19945671,34015.90$9,015
Oct 19945531,31115.58$8,616
Sep 19944911,46915.29$7,507
Aug 199461327116.13$9,888
Jul 19944991,12717.56$8,762
Jun 19945071,42017.09$8,665
May 19948601,61515.88$13,657
Apr 19947791,58314.14$11,015
Mar 19947281,20312.46$9,071
Feb 19945511,49812.50$6,888
Jan 19948241,85212.66$10,432
Dec 19939281,86912.33$11,442
Nov 19939951,72314.49$14,418
Oct 19931,1102,30515.85$17,594
Sep 19931,0962,02515.03$16,473
Aug 19931,3171,60115.66$20,624
Jul 19931,2102,09215.46$18,707
Jun 19931,1752,10816.79$19,728
May 19931,3072,29917.68$23,108
Apr 19931,3862,25718.05$25,017
Mar 19939912,50118.14$17,977
Feb 19931,0051,32717.90$17,990
Jan 19931,0882,19516.93$18,420

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 2026 — as filed, then multipliedworked
Oil                  118 bbl  × $106.41 =    $12,556
Casinghead gas       349 Mcf  × $  3.05 =     $1,063

────────────────────────────────────────────────────
Month total                                  $13,619

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. 05/O/3247 is the state's own key, not one this site invented.