SMITH, L. A. 103

Name: SMITH, L. A. 103 lease production and value, Apr 2002 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 (SHALLOW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3735District 05Field 93042498OilCasinghead gasSave Export

Value, all time

$330 k

Apr 2002 – Jun 2015

Value, last 12 filed months

at the published price for each month

Months reported

159

no gaps in the span

Streams

oil, casinghead gas

The VAN (SHALLOW) 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 50 leases and 231 wells, and the rule below applies to all of them.

Discovered

1932-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

300 ft

minimum

From a lease line

150 ft

minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 1984-07-01.

The Commission's schedule remark for this field reads: “FIELD RULES EFFECTIVE 5-7-84 PER DOCKET #5-82104.”

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	5,708 bbl	$311,417
Casinghead gas	Production	3,741 Mcf	$18,958
Total			$330,375

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 32.5478, -95.6211. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.54783, -95.62109 · 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

2,701 ft

2 wells filed one

Completion to plug

6.7 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 2,386 and 3,015 ft, median 2,701 ft, over the 2 wells that filed a depth.

Completions filed

Apr 2002 – Aug 2002

2 of 2 wells

Plug dates filed

Feb 2003 – Jan 2015

2 of 2 wells

Last completion to plug: a median of 6.7 years across the 2 wells that filed both dates, with the middle half between 3.8 years and 9.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-46700502	2	3,015 ft	Aug 2002	Jan 2015	Yes
42-46730690	8	2,386 ft	Apr 2002	Feb 2003	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 (159)

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

159 months


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	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	37	91.61	2.49	$92
Apr 2012	0	28	101.65	2.00	$56
Mar 2012	0	25	105.05	2.22	$56
Feb 2012	0	17	101.10	2.57	$44
Jan 2012	0	21	98.09	2.73	$57
Dec 2011	0	18	96.87	3.24	$58
Nov 2011	3	1	95.72	3.31	$290
Oct 2011	22	21	84.98	3.65	$1,946
Sep 2011	24	22	83.62	3.99	$2,095
Aug 2011	36	23	83.40	4.15	$3,098
Jul 2011	35	32	94.14	4.52	$3,439
Jun 2011	52	40	92.90	4.64	$5,016
May 2011	56	35	98.13	4.40	$5,649
Apr 2011	41	29	105.96	4.33	$4,470
Mar 2011	34	24	96.36	4.06	$3,374
Feb 2011	23	22	85.64	4.18	$2,062
Jan 2011	38	30	86.50	4.59	$3,425
Dec 2010	36	25	85.73	4.35	$3,195
Nov 2010	50	26	80.84	3.80	$4,141
Oct 2010	45	51	78.10	3.51	$3,693
Sep 2010	47	38	72.63	3.98	$3,565
Aug 2010	59	45	73.68	4.42	$4,546
Jul 2010	61	27	72.55	4.74	$4,553
Jun 2010	54	38	70.36	4.91	$3,986
May 2010	56	28	71.12	4.24	$4,101
Apr 2010	50	20	81.69	4.12	$4,167
Mar 2010	46	26	78.39	4.39	$3,720
Feb 2010	36	25	73.58	5.44	$2,785
Jan 2010	40	18	74.36	5.96	$3,082
Dec 2009	37	21	71.44	5.48	$2,758
Nov 2009	41	24	74.59	3.75	$3,148
Oct 2009	43	22	72.54	4.11	$3,210
Sep 2009	39	25	65.54	3.06	$2,633
Aug 2009	45	33	67.42	3.22	$3,140
Jul 2009	43	28	61.13	3.46	$2,726
Jun 2009	44	28	66.16	3.90	$3,020
May 2009	40	25	54.74	3.93	$2,288
Apr 2009	31	32	46.77	3.59	$1,565
Mar 2009	33	25	42.14	4.06	$1,492
Feb 2009	38	23	32.81	4.63	$1,353
Jan 2009	41	15	35.86	5.37	$1,551
Dec 2008	49	33	37.10	5.98	$2,015
Nov 2008	48	14	55.49	6.86	$2,760
Oct 2008	57	22	75.24	6.92	$4,441
Sep 2008	65	22	101.76	7.88	$6,788
Aug 2008	81	71	114.22	8.48	$9,854
Jul 2008	68	62	131.08	11.39	$9,620
Jun 2008	30	35	131.33	13.03	$4,396
May 2008	25	8	123.17	11.57	$3,172
Apr 2008	7	6	110.31	10.45	$835
Mar 2008	10	4	101.90	9.66	$1,058
Feb 2008	24	17	92.53	8.77	$2,370
Jan 2008	32	14	90.38	8.21	$3,007
Dec 2007	12	20	88.33	7.30	$1,206
Nov 2007	12	15	91.67	7.29	$1,209
Oct 2007	12	11	82.85	6.92	$1,070
Sep 2007	13	11	75.84	6.24	$1,055
Aug 2007	13	32	69.06	6.39	$1,102
Jul 2007	18	31	70.90	6.39	$1,474
Jun 2007	20	15	62.00	7.55	$1,353
May 2007	24	22	58.74	7.85	$1,582
Apr 2007	19	19	59.61	7.81	$1,281
Mar 2007	21	30	56.92	7.30	$1,414
Feb 2007	22	26	55.10	8.22	$1,426
Jan 2007	25	35	50.30	6.73	$1,493
Dec 2006	31	26	56.65	6.92	$1,936
Nov 2006	27	35	54.20	7.62	$1,730
Oct 2006	16	18	54.90	6.01	$987
Sep 2006	39	0	60.08	5.04	$2,343
Aug 2006	38	0	68.71	7.34	$2,611
Jul 2006	39	0	69.37	6.34	$2,705
Jun 2006	36	0	66.28	6.38	$2,386
May 2006	31	0	66.01	6.42	$2,046
Apr 2006	27	0	64.39	7.36	$1,739
Mar 2006	32	5	56.70	7.08	$1,850
Feb 2006	32	10	57.59	7.75	$1,920
Jan 2006	48	12	60.59	8.93	$3,016
Dec 2005	47	10	54.94	13.42	$2,716
Nov 2005	42	9	54.69	10.59	$2,392
Oct 2005	52	10	58.34	13.80	$3,172
Sep 2005	76	12	61.45	12.08	$4,815
Aug 2005	122	10	61.51	9.80	$7,602
Jul 2005	142	6	55.69	7.84	$7,955
Jun 2005	102	5	52.33	7.38	$5,375
May 2005	96	5	45.22	6.65	$4,374
Apr 2005	93	3	49.20	7.36	$4,598
Mar 2005	103	5	50.37	7.15	$5,224
Feb 2005	63	15	45.22	6.31	$2,944
Jan 2005	40	16	43.16	6.32	$1,828
Dec 2004	45	26	39.86	6.75	$1,969
Nov 2004	54	24	45.28	6.33	$2,597
Oct 2004	57	27	49.70	6.52	$3,009
Sep 2004	55	34	43.24	5.28	$2,558
Aug 2004	57	36	42.37	5.55	$2,615
Jul 2004	51	26	38.28	6.08	$2,110
Jun 2004	49	27	36.10	6.43	$1,943
May 2004	55	6	37.48	6.49	$2,100
Apr 2004	51	9	34.47	5.86	$1,811
Mar 2004	68	14	34.36	5.53	$2,414
Feb 2004	49	12	32.45	5.51	$1,656
Jan 2004	60	11	32.03	6.30	$1,991
Dec 2003	63	20	30.26	6.30	$2,032
Nov 2003	77	12	28.80	4.60	$2,273
Oct 2003	71	15	28.17	4.76	$2,071
Sep 2003	61	13	26.31	4.75	$1,667
Aug 2003	64	14	29.76	5.13	$1,976
Jul 2003	70	16	29.41	5.17	$2,141
Jun 2003	74	17	28.56	5.98	$2,215
May 2003	83	17	26.59	5.97	$2,309
Apr 2003	106	26	26.67	5.41	$2,968
Mar 2003	63	25	31.14	6.10	$2,114
Feb 2003	54	38	33.48	7.93	$2,109
Jan 2003	105	30	30.31	5.58	$3,350
Dec 2002	152	170	26.91	4.85	$4,915
Nov 2002	144	166	24.66	4.14	$4,238
Oct 2002	148	191	26.46	4.23	$4,724
Sep 2002	111	144	27.44	3.64	$3,569
Aug 2002	30	156	25.96	3.16	$1,272
Jul 2002	24	153	24.58	3.06	$1,058
Jun 2002	21	150	23.73	3.34	$999
May 2002	21	128	24.66	3.58	$977
Apr 2002	15	108	23.65	3.51	$734

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 2012 — as filed, then multipliedworked

Oil                    0 bbl  × $ 91.61 =         $0
Casinghead gas        37 Mcf  × $  2.49 =        $92

────────────────────────────────────────────────────
Month total                                      $92

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/3735 is the state's own key, not one this site invented.