SMITH, JOHNNIE

Operated by BUFFCO PRODUCTION INC. (P-5 106406) in the CARTHAGE (HILL, SOUTH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 119580District 06Field 16032377CondensateGasSaveExport
Value, all time
$483 k
Jan 1993 – May 2012
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
233
no gaps in the span
Streams
2
condensate, 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 16 leases and 16 wells, and the rule below applies to all of them.

Discovered
1948-04-16
as the register files it
Field class
Gas
the register's own label
Between wells
3,960 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFF. 4-1-94

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
CondensateDisposition766 bbl$19,158
GasProduction230,032 Mcf$463,886
Total$483,044

118,372 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 (1)

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 32.0112, -94.3041. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.01119, -94.30412 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,260 ft
1 wells filed one
Completion to plug
24.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 5,260 ft.

Completions filed
Jul 1985
1 of 1 wells
Plug dates filed
Jun 2010
1 of 1 wells

Last completion to plug: a median of 24.9 years across the 1 well that filed both dates, with the middle half between 24.9 years and 24.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653175515,260 ftJul 1985Jun 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 (233)

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

233 months

May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 2012220101.102.57$2,224
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 20110098.134.40$0
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 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
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 20090066.163.90$0
May 20090054.743.93$0
Apr 20091146.773.59$50
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 200848537.105.98$656
Nov 2008038155.496.86$2,614
Oct 2008337575.246.92$2,821
Sep 20081128101.767.88$1,110
Aug 20087222114.228.48$2,683
Jul 20085138131.0811.39$2,227
Jun 2008132131.3313.03$548
May 2008315123.1711.57$543
Apr 2008013110.3110.45$136
Mar 2008213101.909.66$329
Feb 200801192.538.77$96
Jan 2008429790.388.21$2,799
Dec 200749988.337.30$1,076
Nov 2007118191.677.29$1,411
Oct 2007130982.856.92$2,222
Sep 2007117275.846.24$1,150
Aug 2007115269.066.39$1,040
Jul 2007134570.906.39$2,275
Jun 2007143062.007.55$3,308
May 2007152758.747.85$4,194
Apr 2007143459.617.81$3,447
Mar 2007249956.927.30$3,758
Feb 2007136455.108.22$3,046
Jan 2007040250.306.73$2,704
Dec 200602056.656.92$138
Nov 2006038554.207.62$2,933
Oct 2006051054.906.01$3,067
Sep 2006042560.085.04$2,141
Aug 2006049668.717.34$3,641
Jul 2006143769.376.34$2,841
Jun 200618666.286.38$615
May 2006158966.016.42$3,850
Apr 2006156664.397.36$4,230
Mar 2006155156.707.08$3,959
Feb 2006136657.597.75$2,895
Jan 200618160.598.93$784
Dec 2005163154.9413.42$8,520
Nov 2005155454.6910.59$5,921
Oct 2005263258.3413.80$8,836
Sep 2005143761.4512.08$5,340
Aug 2005152561.519.80$5,205
Jul 2005114355.697.84$1,177
Jun 2005154952.337.38$4,105
May 2005160045.226.65$4,036
Apr 2005160349.207.36$4,488
Mar 2005159950.377.15$4,336
Feb 2005159645.226.31$3,807
Jan 2005146243.166.32$2,964
Dec 2004151239.866.75$3,496
Nov 2004137245.286.33$2,400
Oct 2004145649.706.52$3,021
Sep 2004124243.245.28$1,322
Aug 20040042.375.55$0
Jul 2004118338.286.08$1,152
Jun 2004051636.106.43$3,319
May 2004160937.486.49$3,993
Apr 2004250634.475.86$3,033
Mar 2004139634.365.53$2,224
Feb 2004045932.455.51$2,529
Jan 2004117932.036.30$1,160
Dec 2003016330.266.30$1,027
Nov 2003132128.804.60$1,504
Oct 2003012128.174.76$576
Sep 2003112126.314.75$601
Aug 200315029.765.13$286
Jul 200364929.415.17$430
Jun 2003161728.565.98$3,720
May 200321,61026.595.97$9,669
Apr 200311,85726.675.41$10,068
Mar 200311,93531.146.10$11,827
Feb 200311,31033.487.93$10,416
Jan 200341,64330.315.58$9,293
Dec 2002157626.914.85$2,823
Nov 2002028924.664.14$1,196
Oct 200221,32526.464.23$5,657
Sep 2002175127.443.64$2,757
Aug 200211,33025.963.16$4,234
Jul 200221,22424.583.06$3,797
Jun 2002194423.733.34$3,175
May 2002063624.663.58$2,279
Apr 200203523.653.51$123
Mar 20020022.003.10$0
Feb 20021151218.222.38$2,124
Jan 2002112017.172.38$236
Dec 200105416.932.36$128
Nov 20010018.072.41$0
Oct 20010119.782.53$3
Sep 200101424.262.25$32
Aug 2001016224.873.05$495
Jul 2001044023.933.20$1,407
Jun 2001032024.563.82$1,224
May 2001053425.524.31$2,300
Apr 2001057624.685.34$3,073
Mar 2001026224.545.38$1,409
Feb 2001047827.755.77$2,757
Jan 200101,87427.478.40$15,739
Dec 2000074426.889.12$6,787
Nov 200001,09232.215.66$6,179
Oct 200001,40231.235.15$7,214
Sep 200001,25231.875.19$6,494
Aug 200001,26629.644.54$5,749
Jul 200001,37728.534.09$5,632
Jun 2000094729.304.40$4,164
May 200001,09327.263.68$4,022
Apr 2000095324.513.12$2,970
Mar 200001,41128.422.86$4,035
Feb 200001,19427.622.73$3,255
Jan 200001,35725.272.48$3,366
Dec 199901,25424.282.42$3,039
Nov 199901,72023.192.43$4,186
Oct 199951,98520.982.80$5,670
Sep 199901,73521.752.62$4,544
Aug 199901,50019.262.88$4,313
Jul 199901,60517.892.37$3,808
Jun 199901,78615.942.36$4,219
May 199901,83515.792.32$4,259
Apr 199902,16415.102.21$4,778
Mar 199901112.471.84$20
Feb 199903589.981.82$651
Jan 1999074910.381.90$1,423
Dec 199801,2489.201.77$2,213
Nov 199801,38810.892.19$3,034
Oct 1998227912.421.97$574
Sep 1998011712.592.08$244
Aug 199801,37011.301.91$2,613
Jul 199801,79511.742.24$4,016
Jun 199801,71511.242.24$3,837
May 199801,82512.622.21$4,027
Apr 199801,88013.042.51$4,710
Mar 199801,92312.802.31$4,441
Feb 199801,72913.952.30$3,975
Jan 199802,04414.702.15$4,404
Dec 199701,80816.322.41$4,359
Nov 199701,33018.193.09$4,107
Oct 199701,87719.253.15$5,912
Sep 199701,92817.742.95$5,697
Aug 199701,57017.862.55$4,011
Jul 199701,89017.582.25$4,247
Jun 199701,75017.242.26$3,950
May 199701,67418.972.31$3,864
Apr 199701,89617.882.08$3,949
Mar 199702,25618.951.94$4,375
Feb 199701,07420.492.21$2,369
Jan 199701,95223.483.54$6,909
Dec 199601,61623.32$0
Nov 199602,03821.97$0
Oct 199601,81623.31$0
Sep 199602,17022.22$0
Aug 199602,05620.26$0
Jul 199604,74519.55$0
Jun 199608318.73$0
May 199602,11319.43$0
Apr 199602,25721.51$0
Mar 199602,40319.38$0
Feb 19961641,50616.98$2,785
Jan 199601,99017.07$0
Dec 199502,36717.19$0
Nov 199502,04516.00$0
Oct 199502,36615.43$0
Sep 199502,24916.18$0
Aug 199502,75615.92$0
Jul 199502,39415.24$0
Jun 199502,43816.41$0
May 199502,61217.56$0
Apr 199502,51617.73$0
Mar 199502,79716.44$0
Feb 199502,43816.58$0
Jan 199502,60815.92$0
Dec 1994312,68015.03$466
Nov 199402,79415.90$0
Oct 199402,91115.58$0
Sep 199402,90415.29$0
Aug 199402,17016.13$0
Jul 199402,51617.56$0
Jun 199401,87917.09$0
May 199402,49115.88$0
Apr 19941531,95114.14$2,163
Mar 199402,25512.46$0
Feb 199402,05612.50$0
Jan 199402,43512.66$0
Dec 199302,77012.33$0
Nov 199302,59114.49$0
Oct 199303,28815.85$0
Sep 199302,80715.03$0
Aug 199303,67215.66$0
Jul 199302,82115.46$0
Jun 19931603,05916.79$2,686
May 199301,97117.68$0
Apr 199304,88518.05$0
Mar 199302,29018.14$0
Feb 199302,15517.90$0
Jan 199302,64216.93$0

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
Condensate            22 bbl  × $101.10 =     $2,224
Gas                    0 Mcf  × $  2.57 =         $0

────────────────────────────────────────────────────
Month total                                   $2,224

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. 06/G/119580 is the state's own key, not one this site invented.