SPEARS

Operated by GOLDSMITH OPERATING, LLC (P-5 313705) in the BILL MARTIN (GLEN ROSE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 128420District 06Field 08142500NGPA filingCondensateGasSaveExport
Value, all time
$697 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1988-08-09
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition176 bbl$6,479
GasProduction293,465 Mcf$690,682
Total$697,161

140,408 Mcf of this lease's gas, across 43 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 32.0678, -94.1008. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06784, -94.10079 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,400 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 4,400 ft.

Completions filed
Aug 1988
1 of 1 wells

1 well

42-3653190914,400 ftAug 1988

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 202242091.054.86$3,824
Jan 20220081.844.54$0
Dec 20210071.323.90$0
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 201605226.472.06$107
Jan 201601627.352.36$38
Dec 201504132.362.00$82
Nov 201504438.792.17$95
Oct 20150043.552.43$0
Sep 20150142.992.76$3
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015015756.152.88$453
May 2015015955.212.96$470
Apr 201506349.822.71$171
Mar 201505142.892.93$150
Feb 201506344.662.98$188
Jan 201505243.433.10$161
Dec 201408054.693.59$287
Nov 201403570.464.25$149
Oct 201402878.303.90$109
Sep 20140486.164.05$16
Aug 201403289.394.04$129
Jul 201405896.564.18$242
Jun 201404298.164.74$199
May 2014010694.734.73$501
Apr 201407295.944.81$346
Mar 2014010695.895.06$536
Feb 2014010597.406.19$650
Jan 2014012090.404.86$583
Dec 2013011591.824.35$501
Nov 201309488.853.74$351
Oct 201302797.423.78$102
Sep 2013083104.113.72$309
Aug 2013095104.253.52$335
Jul 2013063102.523.72$234
Jun 201304294.403.93$165
May 20130094.834.15$0
Apr 201303493.964.28$146
Mar 201304293.623.91$164
Feb 201304791.233.42$161
Jan 2013018891.603.42$643
Dec 201209286.773.42$315
Nov 2012016886.953.62$609
Oct 201203289.383.40$109
Sep 2012012494.672.92$362
Aug 2012014792.662.91$428
Jul 2012015885.133.02$477
Jun 2012017679.822.52$443
May 2012017191.612.49$426
Apr 20120211101.652.00$421
Mar 2012090105.052.22$200
Feb 20120195101.102.57$501
Jan 2012011898.092.73$323
Dec 2011018096.873.24$583
Nov 2011021395.723.31$705
Oct 2011030084.983.65$1,095
Sep 2011019083.623.99$757
Aug 2011015483.404.15$639
Jul 2011039994.144.52$1,802
Jun 201101492.904.64$65
May 201101698.134.40$70
Apr 20110157105.964.33$680
Mar 2011018496.364.06$747
Feb 2011015985.644.18$665
Jan 2011021686.504.59$991
Dec 2010027085.734.35$1,174
Nov 2010028580.843.80$1,082
Oct 2010047978.103.51$1,681
Sep 2010054772.633.98$2,177
Aug 2010068773.684.42$3,036
Jul 2010055972.554.74$2,648
Jun 2010086270.364.91$4,233
May 2010069071.124.24$2,922
Apr 2010063381.694.12$2,610
Mar 2010073178.394.39$3,208
Feb 2010080173.585.44$4,359
Jan 2010046674.365.96$2,779
Dec 2009018171.445.48$993
Nov 200906674.593.75$248
Oct 200906872.544.11$280
Sep 2009012765.543.06$389
Aug 2009033467.423.22$1,075
Jul 20090061.133.46$0
Jun 200904866.163.90$187
May 2009015954.743.93$624
Apr 2009032846.773.59$1,177
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 200904835.865.37$258
Dec 2008024637.105.98$1,470
Nov 200806255.496.86$425
Oct 2008038975.246.92$2,693
Sep 20080154101.767.88$1,213
Aug 20080404114.228.48$3,427
Jul 20080122131.0811.39$1,390
Jun 20080535131.3313.03$6,972
May 20080327123.1711.57$3,785
Apr 20080754110.3110.45$7,883
Mar 20080320101.909.66$3,093
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 200705588.337.30$402
Nov 2007015691.677.29$1,138
Oct 2007049882.856.92$3,447
Sep 2007040375.846.24$2,516
Aug 2007057669.066.39$3,679
Jul 2007062270.906.39$3,973
Jun 2007051462.007.55$3,880
May 2007026058.747.85$2,040
Apr 2007039159.617.81$3,052
Mar 2007061856.927.30$4,513
Feb 2007069955.108.22$5,743
Jan 2007079750.306.73$5,361
Dec 20060056.656.92$0
Nov 2006068354.207.62$5,203
Oct 200601,13154.906.01$6,802
Sep 2006069360.085.04$3,491
Aug 2006090468.717.34$6,635
Jul 200601,06969.376.34$6,780
Jun 200601,33266.286.38$8,503
May 200601,28866.016.42$8,275
Apr 200601,48064.397.36$10,894
Mar 2006084156.707.08$5,957
Feb 200601,02357.597.75$7,929
Jan 2006079760.598.93$7,120
Dec 200501,01154.9413.42$13,563
Nov 2005051654.6910.59$5,464
Oct 200509758.3413.80$1,338
Sep 2005015161.4512.08$1,824
Aug 2005045861.519.80$4,487
Jul 2005057055.697.84$4,471
Jun 2005060952.337.38$4,495
May 2005080745.226.65$5,367
Apr 2005093449.207.36$6,875
Mar 200501,13150.377.15$8,092
Feb 200501,22045.226.31$7,701
Jan 200501,29843.166.32$8,206
Dec 2004127239.866.75$1,876
Nov 200401,19545.286.33$7,565
Oct 200401,18949.706.52$7,746
Sep 200401,10143.245.28$5,818
Aug 2004083342.375.55$4,624
Jul 2004094538.286.08$5,750
Jun 2004061836.106.43$3,976
May 200401,28437.486.49$8,339
Apr 200411,30634.475.86$7,686
Mar 200401,30434.365.53$7,211
Feb 200411,62732.455.51$8,997
Jan 200401,16132.036.30$7,314
Dec 200301,38430.266.30$8,721
Nov 2003053928.804.60$2,477
Oct 2003098728.174.76$4,698
Sep 200301,14226.314.75$5,424
Aug 200301,47929.765.13$7,587
Jul 200301,22829.415.17$6,350
Jun 200301,67928.565.98$10,045
May 200301,42126.595.97$8,487
Apr 200302,06526.675.41$11,166
Mar 200301,94431.146.10$11,851
Feb 20030033.487.93$0
Jan 2003077630.315.58$4,332
Dec 200201,59426.914.85$7,737
Nov 20020024.664.14$0
Oct 2002018426.464.23$778
Sep 2002035527.443.64$1,291
Aug 200201525.963.16$47
Jul 2002049024.583.06$1,500
Jun 2002092923.733.34$3,101
May 2002085024.663.58$3,046
Apr 2002065523.653.51$2,301
Mar 200201,18922.003.10$3,689
Feb 2002070718.222.38$1,680
Jan 200203717.172.38$88
Dec 2001074216.932.36$1,754
Nov 2001081418.072.41$1,958
Oct 200101,10319.782.53$2,789
Sep 2001083024.262.25$1,869
Aug 200101,16724.873.05$3,563
Jul 200101,63223.933.20$5,218
Jun 2001081424.563.82$3,113
May 200101,73025.524.31$7,452
Apr 200101,52124.685.34$8,115
Mar 2001064124.545.38$3,446
Feb 200101,05527.755.77$6,084
Jan 200101,49227.478.40$12,531
Dec 2000083926.889.12$7,654
Nov 200001,44832.215.66$8,193
Oct 20000231.235.15$10
Sep 2000091231.875.19$4,730
Aug 200001,13529.644.54$5,154
Jul 2000046728.534.09$1,910
Jun 200001,39229.304.40$6,121
May 2000094127.263.68$3,463
Apr 2000068924.513.12$2,147
Mar 2000081528.422.86$2,331
Feb 200001,62227.622.73$4,422
Jan 200001,04025.272.48$2,580
Dec 199901,68024.282.42$4,072
Nov 199901,93023.192.43$4,698
Oct 199902,34620.982.80$6,578
Sep 1999066521.752.62$1,742
Aug 199902,14619.262.88$6,171
Jul 1999074717.892.37$1,772
Jun 199901,64015.942.36$3,874
May 199911,00615.792.32$2,351
Apr 199903415.102.21$75
Mar 199901,19012.471.84$2,188
Feb 199901,6539.981.82$3,005
Jan 1999022110.381.90$420
Dec 199802019.201.77$356
Nov 1998076910.892.19$1,681
Oct 199801,37912.421.97$2,716
Sep 199801,40112.592.08$2,918
Aug 199801,55011.301.91$2,956
Jul 199801,87711.742.24$4,199
Jun 199801,41411.242.24$3,164
May 199801,32312.622.21$2,919
Apr 199801,34213.042.51$3,362
Mar 199801,62012.802.31$3,741
Feb 199801,88913.952.30$4,343
Jan 199801,78114.702.15$3,838
Dec 199702,21516.322.41$5,341
Nov 199701,46318.193.09$4,518
Oct 199701,59519.253.15$5,024
Sep 199702,05317.742.95$6,066
Aug 1997061217.862.55$1,564
Jul 199701,27817.582.25$2,872
Jun 199702,05917.242.26$4,648
May 199701,23518.972.31$2,851
Apr 199701,56017.882.08$3,249
Mar 199701,72318.951.94$3,341
Feb 199701,45320.492.21$3,205
Jan 199701,18523.483.54$4,195
Dec 1996025623.32$0
Nov 19960021.97$0
Oct 1996010823.31$0
Sep 199601,15222.22$0
Aug 199601,97920.26$0
Jul 19961271,81619.55$2,483
Jun 199601,44318.73$0
May 199602,28519.43$0
Apr 199601,98721.51$0
Mar 199601,67019.38$0
Feb 199602,52816.98$0
Jan 199602,44817.07$0
Dec 199502,10517.19$0
Nov 199502,58216.00$0
Oct 199502,39715.43$0
Sep 199501,89016.18$0
Aug 199502,54815.92$0
Jul 199503,21115.24$0
Jun 199502,63216.41$0
May 199502,38617.56$0
Apr 199502,57817.73$0
Mar 199503,00816.44$0
Feb 199502,56716.58$0
Jan 199512,61515.92$16
Dec 199403,13315.03$0
Nov 199403,12315.90$0
Oct 199403,48515.58$0
Sep 199403,71815.29$0
Aug 199403,93616.13$0
Jul 199404,04317.56$0
Jun 199404,12817.09$0
May 199404,09415.88$0
Apr 199404,31214.14$0
Mar 199404,44512.46$0
Feb 199404,25312.50$0
Jan 199404,70312.66$0
Dec 199304,95812.33$0
Nov 199304,92014.49$0
Oct 199315,31415.85$16
Sep 199305,24415.03$0
Aug 199306,02215.66$0
Jul 199306,33315.46$0
Jun 199306,71016.79$0
May 199315,34317.68$18
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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 2022 — as filed, then multipliedworked
Condensate            42 bbl  × $ 91.05 =     $3,824
Gas                    0 Mcf  × $  4.86 =         $0

────────────────────────────────────────────────────
Month total                                   $3,824

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/128420 is the state's own key, not one this site invented.