SMITH 104

Name: SMITH 104 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by UNION OIL COMPANY OF CALIFORNIA (P-5 876520) 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 3248District 05Field 93042166OilCasinghead gasSave Export

Value, all time

$637 k

Jan 1993 – Sep 2018

Value, last 12 filed months

at the published price for each month

Months reported

309

no gaps in the span

Streams

oil, casinghead gas

The VAN (AUSTIN CHALK) field

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 66 leases and 277 wells, and the rule below applies to all of them.

Discovered

1969-11-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

125 ft

minimum

From a lease line

100 ft

minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 1997-12-05.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 09/01/2004.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	16,948 bbl	$595,641
Casinghead gas	Production	10,907 Mcf	$41,261
Total			$636,901

3,666 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 (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 32.5481, -95.6151. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.54810, -95.61506 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

2,988 ft

2 wells filed one

Completion to plug

19.8 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 2,987 and 2,989 ft, median 2,988 ft, over the 2 wells that filed a depth.

Completions filed

May 1988 – Nov 2003

2 of 2 wells

Plug dates filed

Oct 2013 – Jan 2018

2 of 2 wells

Last completion to plug: a median of 19.8 years across the 2 wells that filed both dates, with the middle half between 17.0 years and 22.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-46700496	3	2,987 ft	Nov 2003	Jan 2018	Yes
42-46700497	7	2,989 ft	May 1988	Oct 2013	Yes

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 (309)

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

309 months


Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	5	0	86.77	3.42	$434
Nov 2012	32	28	86.95	3.62	$2,884
Oct 2012	32	28	89.38	3.40	$2,955
Sep 2012	28	27	94.67	2.92	$2,730
Aug 2012	27	23	92.66	2.91	$2,569
Jul 2012	28	25	85.13	3.02	$2,459
Jun 2012	26	22	79.82	2.52	$2,131
May 2012	30	27	91.61	2.49	$2,815
Apr 2012	31	24	101.65	2.00	$3,199
Mar 2012	25	59	105.05	2.22	$2,757
Feb 2012	25	36	101.10	2.57	$2,620
Jan 2012	28	32	98.09	2.73	$2,834
Dec 2011	26	30	96.87	3.24	$2,616
Nov 2011	28	30	95.72	3.31	$2,780
Oct 2011	27	34	84.98	3.65	$2,419
Sep 2011	25	38	83.62	3.99	$2,242
Aug 2011	24	38	83.40	4.15	$2,159
Jul 2011	27	43	94.14	4.52	$2,736
Jun 2011	41	49	92.90	4.64	$4,036
May 2011	25	47	98.13	4.40	$2,660
Apr 2011	27	44	105.96	4.33	$3,052
Mar 2011	27	37	96.36	4.06	$2,752
Feb 2011	26	35	85.64	4.18	$2,373
Jan 2011	26	36	86.50	4.59	$2,414
Dec 2010	24	28	85.73	4.35	$2,179
Nov 2010	26	27	80.84	3.80	$2,204
Oct 2010	29	41	78.10	3.51	$2,409
Sep 2010	27	43	72.63	3.98	$2,132
Aug 2010	28	38	73.68	4.42	$2,231
Jul 2010	20	33	72.55	4.74	$1,607
Jun 2010	30	46	70.36	4.91	$2,337
May 2010	27	34	71.12	4.24	$2,064
Apr 2010	16	22	81.69	4.12	$1,398
Mar 2010	32	24	78.39	4.39	$2,614
Feb 2010	25	29	73.58	5.44	$1,997
Jan 2010	27	25	74.36	5.96	$2,157
Dec 2009	30	29	71.44	5.48	$2,302
Nov 2009	36	31	74.59	3.75	$2,802
Oct 2009	32	31	72.54	4.11	$2,449
Sep 2009	30	33	65.54	3.06	$2,067
Aug 2009	35	36	67.42	3.22	$2,476
Jul 2009	45	25	61.13	3.46	$2,837
Jun 2009	27	25	66.16	3.90	$1,884
May 2009	15	21	54.74	3.93	$904
Apr 2009	27	26	46.77	3.59	$1,356
Mar 2009	26	18	42.14	4.06	$1,169
Feb 2009	24	18	32.81	4.63	$871
Jan 2009	26	14	35.86	5.37	$1,008
Dec 2008	28	33	37.10	5.98	$1,236
Nov 2008	40	9	55.49	6.86	$2,281
Oct 2008	88	22	75.24	6.92	$6,773
Sep 2008	92	31	101.76	7.88	$9,606
Aug 2008	81	90	114.22	8.48	$10,015
Jul 2008	51	66	131.08	11.39	$7,437
Jun 2008	29	57	131.33	13.03	$4,551
May 2008	38	41	123.17	11.57	$5,155
Apr 2008	55	48	110.31	10.45	$6,569
Mar 2008	55	58	101.90	9.66	$6,165
Feb 2008	59	54	92.53	8.77	$5,933
Jan 2008	59	38	90.38	8.21	$5,644
Dec 2007	49	58	88.33	7.30	$4,752
Nov 2007	53	34	91.67	7.29	$5,106
Oct 2007	58	22	82.85	6.92	$4,958
Sep 2007	56	22	75.84	6.24	$4,384
Aug 2007	64	58	69.06	6.39	$4,790
Jul 2007	50	60	70.90	6.39	$3,928
Jun 2007	40	50	62.00	7.55	$2,857
May 2007	87	48	58.74	7.85	$5,487
Apr 2007	93	40	59.61	7.81	$5,856
Mar 2007	84	64	56.92	7.30	$5,249
Feb 2007	72	56	55.10	8.22	$4,427
Jan 2007	55	64	50.30	6.73	$3,197
Dec 2006	48	44	56.65	6.92	$3,024
Nov 2006	50	60	54.20	7.62	$3,167
Oct 2006	21	38	54.90	6.01	$1,381
Sep 2006	49	50	60.08	5.04	$3,196
Aug 2006	49	56	68.71	7.34	$3,778
Jul 2006	54	66	69.37	6.34	$4,165
Jun 2006	52	116	66.28	6.38	$4,187
May 2006	56	112	66.01	6.42	$4,416
Apr 2006	51	62	64.39	7.36	$3,740
Mar 2006	47	32	56.70	7.08	$2,892
Feb 2006	40	94	57.59	7.75	$3,032
Jan 2006	60	110	60.59	8.93	$4,618
Dec 2005	48	88	54.94	13.42	$3,818
Nov 2005	45	84	54.69	10.59	$3,350
Oct 2005	57	94	58.34	13.80	$4,622
Sep 2005	76	106	61.45	12.08	$5,951
Aug 2005	102	94	61.51	9.80	$7,195
Jul 2005	108	54	55.69	7.84	$6,438
Jun 2005	104	46	52.33	7.38	$5,782
May 2005	104	42	45.22	6.65	$4,982
Apr 2005	93	38	49.20	7.36	$4,855
Mar 2005	105	46	50.37	7.15	$5,618
Feb 2005	100	68	45.22	6.31	$4,951
Jan 2005	119	74	43.16	6.32	$5,604
Dec 2004	119	115	39.86	6.75	$5,520
Nov 2004	113	106	45.28	6.33	$5,788
Oct 2004	117	122	49.70	6.52	$6,610
Sep 2004	121	152	43.24	5.28	$6,035
Aug 2004	122	161	42.37	5.55	$6,063
Jul 2004	118	117	38.28	6.08	$5,229
Jun 2004	114	119	36.10	6.43	$4,881
May 2004	127	29	37.48	6.49	$4,948
Apr 2004	122	41	34.47	5.86	$4,446
Mar 2004	126	61	34.36	5.53	$4,667
Feb 2004	109	55	32.45	5.51	$3,840
Jan 2004	110	50	32.03	6.30	$3,838
Dec 2003	99	80	30.26	6.30	$3,500
Nov 2003	141	52	28.80	4.60	$4,300
Oct 2003	67	2	28.17	4.76	$1,897
Sep 2003	62	2	26.31	4.75	$1,641
Aug 2003	59	2	29.76	5.13	$1,766
Jul 2003	58	3	29.41	5.17	$1,721
Jun 2003	58	3	28.56	5.98	$1,674
May 2003	59	3	26.59	5.97	$1,587
Apr 2003	66	4	26.67	5.41	$1,782
Mar 2003	79	4	31.14	6.10	$2,484
Feb 2003	81	6	33.48	7.93	$2,759
Jan 2003	93	25	30.31	5.58	$2,958
Dec 2002	45	4	26.91	4.85	$1,230
Nov 2002	53	3	24.66	4.14	$1,319
Oct 2002	56	6	26.46	4.23	$1,507
Sep 2002	55	2	27.44	3.64	$1,516
Aug 2002	61	3	25.96	3.16	$1,593
Jul 2002	66	3	24.58	3.06	$1,631
Jun 2002	60	4	23.73	3.34	$1,437
May 2002	53	3	24.66	3.58	$1,318
Apr 2002	57	3	23.65	3.51	$1,359
Mar 2002	57	3	22.00	3.10	$1,263
Feb 2002	63	3	18.22	2.38	$1,155
Jan 2002	120	3	17.17	2.38	$2,068
Dec 2001	118	2	16.93	2.36	$2,002
Nov 2001	104	3	18.07	2.41	$1,887
Oct 2001	101	3	19.78	2.53	$2,005
Sep 2001	95	3	24.26	2.25	$2,311
Aug 2001	101	3	24.87	3.05	$2,521
Jul 2001	113	3	23.93	3.20	$2,714
Jun 2001	108	3	24.56	3.82	$2,664
May 2001	108	3	25.52	4.31	$2,769
Apr 2001	116	3	24.68	5.34	$2,879
Mar 2001	142	3	24.54	5.38	$3,501
Feb 2001	155	3	27.75	5.77	$4,319
Jan 2001	148	3	27.47	8.40	$4,091
Dec 2000	92	3	26.88	9.12	$2,500
Nov 2000	76	5	32.21	5.66	$2,476
Oct 2000	80	4	31.23	5.15	$2,519
Sep 2000	102	3	31.87	5.19	$3,266
Aug 2000	88	4	29.64	4.54	$2,626
Jul 2000	107	3	28.53	4.09	$3,065
Jun 2000	115	7	29.30	4.40	$3,400
May 2000	120	6	27.26	3.68	$3,293
Apr 2000	82	7	24.51	3.12	$2,032
Mar 2000	87	6	28.42	2.86	$2,490
Feb 2000	85	8	27.62	2.73	$2,370
Jan 2000	42	9	25.27	2.48	$1,084
Dec 1999	31	7	24.28	2.42	$770
Nov 1999	29	8	23.19	2.43	$692
Oct 1999	30	11	20.98	2.80	$660
Sep 1999	32	11	21.75	2.62	$725
Aug 1999	51	13	19.26	2.88	$1,020
Jul 1999	56	36	17.89	2.37	$1,087
Jun 1999	42	31	15.94	2.36	$743
May 1999	34	28	15.79	2.32	$602
Apr 1999	50	21	15.10	2.21	$801
Mar 1999	37	9	12.47	1.84	$478
Feb 1999	21	10	9.98	1.82	$228
Jan 1999	27	14	10.38	1.90	$307
Dec 1998	26	13	9.20	1.77	$262
Nov 1998	21	11	10.89	2.19	$253
Oct 1998	24	23	12.42	1.97	$343
Sep 1998	22	38	12.59	2.08	$356
Aug 1998	23	34	11.30	1.91	$325
Jul 1998	23	34	11.74	2.24	$346
Jun 1998	21	20	11.24	2.24	$281
May 1998	25	22	12.62	2.21	$364
Apr 1998	42	43	13.04	2.51	$655
Mar 1998	113	84	12.80	2.31	$1,640
Feb 1998	102	96	13.95	2.30	$1,644
Jan 1998	50	49	14.70	2.15	$841
Dec 1997	134	102	16.32	2.41	$2,433
Nov 1997	140	83	18.19	3.09	$2,803
Oct 1997	129	84	19.25	3.15	$2,748
Sep 1997	140	63	17.74	2.95	$2,670
Aug 1997	127	86	17.86	2.55	$2,488
Jul 1997	105	80	17.58	2.25	$2,026
Jun 1997	113	51	17.24	2.26	$2,063
May 1997	96	101	18.97	2.31	$2,054
Apr 1997	122	47	17.88	2.08	$2,279
Mar 1997	156	2	18.95	1.94	$2,960
Feb 1997	139	73	20.49	2.21	$3,009
Jan 1997	156	63	23.48	3.54	$3,886
Dec 1996	154	55	23.32	—	$3,591
Nov 1996	116	112	21.97	—	$2,549
Oct 1996	60	77	23.31	—	$1,399
Sep 1996	31	79	22.22	—	$689
Aug 1996	62	82	20.26	—	$1,256
Jul 1996	66	74	19.55	—	$1,290
Jun 1996	118	1	18.73	—	$2,210
May 1996	94	66	19.43	—	$1,826
Apr 1996	120	79	21.51	—	$2,581
Mar 1996	94	60	19.38	—	$1,822
Feb 1996	87	69	16.98	—	$1,477
Jan 1996	92	80	17.07	—	$1,570
Dec 1995	92	93	17.19	—	$1,581
Nov 1995	91	73	16.00	—	$1,456
Oct 1995	93	100	15.43	—	$1,435
Sep 1995	92	116	16.18	—	$1,489
Aug 1995	150	72	15.92	—	$2,388
Jul 1995	33	86	15.24	—	$503
Jun 1995	90	78	16.41	—	$1,477
May 1995	93	122	17.56	—	$1,633
Apr 1995	64	85	17.73	—	$1,135
Mar 1995	121	80	16.44	—	$1,989
Feb 1995	58	64	16.58	—	$962
Jan 1995	95	73	15.92	—	$1,512
Dec 1994	120	72	15.03	—	$1,804
Nov 1994	58	72	15.90	—	$922
Oct 1994	35	16	15.58	—	$545
Sep 1994	90	21	15.29	—	$1,376
Aug 1994	91	18	16.13	—	$1,468
Jul 1994	62	22	17.56	—	$1,089
Jun 1994	60	50	17.09	—	$1,025
May 1994	62	48	15.88	—	$985
Apr 1994	63	33	14.14	—	$891
Mar 1994	92	28	12.46	—	$1,146
Feb 1994	84	39	12.50	—	$1,050
Jan 1994	91	49	12.66	—	$1,152
Dec 1993	95	75	12.33	—	$1,171
Nov 1993	92	74	14.49	—	$1,333
Oct 1993	123	88	15.85	—	$1,950
Sep 1993	118	130	15.03	—	$1,774
Aug 1993	92	80	15.66	—	$1,441
Jul 1993	95	159	15.46	—	$1,469
Jun 1993	120	199	16.79	—	$2,015
May 1993	125	129	17.68	—	$2,210
Apr 1993	150	101	18.05	—	$2,708
Mar 1993	152	35	18.14	—	$2,757
Feb 1993	113	125	17.90	—	$2,023
Jan 1993	155	127	16.93	—	$2,624

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 2012 — as filed, then multipliedworked

Oil                    5 bbl  × $ 86.77 =       $434
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                     $434

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/3248 is the state's own key, not one this site invented.