SMITH FAMILY TRUST

Operated by WEATHERLY OIL & GAS, LLC (P-5 902815) in the NACONICHE CREEK (ROD.-TP CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 229730District 06Field 643002872 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.6 M
Feb 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
232
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 373 leases and 373 wells, and the rule below applies to all of them.

Discovered
2005-09-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-09-27.

The Commission's schedule remark for this field reads: BY HEARING.

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
High Cost Gas112007-10-01174852
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
CondensateDisposition10,410 bbl$770,816
GasProduction943,514 Mcf$6,792,278
Total$7,563,094

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 31.8464, -94.5293. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84639, -94.52926 · 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
8,910 ft
1 wells filed one
Completion to plug
18.5 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 8,910 ft.

Completions filed
Feb 2007
1 of 1 wells
Plug dates filed
Aug 2025
1 of 1 wells

Last completion to plug: a median of 18.5 years across the 1 well that filed both dates, with the middle half between 18.5 years and 18.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3473244848,910 ftFeb 2007Aug 2025Yes

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 (232)

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

232 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 20220091.054.86$0
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 2019011855.052.66$314
Aug 20194811153.112.30$2,805
Jul 2019011556.272.46$283
Jun 2019016852.782.49$419
May 2019018358.482.74$501
Apr 2019021862.632.75$600
Mar 2019016456.803.06$502
Feb 2019022250.852.79$620
Jan 2019024446.033.23$788
Dec 2018022346.594.19$933
Nov 2018020052.934.24$847
Oct 2018018261.443.40$618
Sep 2018019259.543.11$597
Aug 2018020359.403.07$623
Jul 2018019565.142.93$572
Jun 2018015760.183.08$483
May 2018015865.382.90$458
Apr 2018016963.842.90$490
Mar 20183717561.222.79$2,753
Feb 2018019861.782.77$548
Jan 2018016162.874.01$646
Dec 20177213157.272.92$4,506
Nov 2017014155.423.12$440
Oct 2017013749.292.98$409
Sep 2017013047.523.09$401
Aug 2017016445.373.00$493
Jul 2017013543.873.09$417
Jun 2017014842.493.09$457
May 2017013445.373.26$437
Apr 2017015447.933.21$495
Mar 2017021346.772.98$636
Feb 2017012350.452.95$363
Jan 2017015749.413.42$537
Dec 2016019748.763.72$733
Nov 2016019642.492.64$518
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 201603542.521.99$70
Apr 2016021136.561.99$420
Mar 2016024133.011.79$432
Feb 2016022726.472.06$468
Jan 2016025327.352.36$598
Dec 2015025432.362.00$508
Nov 2015024738.792.17$535
Oct 2015026143.552.43$633
Sep 2015024542.992.76$676
Aug 201516826140.162.87$7,497
Jul 2015014348.152.95$421
Jun 2015013556.152.88$389
May 201506155.212.96$180
Apr 2015014149.822.71$382
Mar 201508942.892.93$261
Feb 2015015044.662.98$446
Jan 2015012543.433.10$388
Dec 2014017354.693.59$621
Nov 2014017470.464.25$740
Oct 2014019278.303.90$749
Sep 2014012486.164.05$502
Aug 2014015789.394.04$634
Jul 2014015696.564.18$652
Jun 2014021998.164.74$1,037
May 2014024394.734.73$1,149
Apr 2014023495.944.81$1,125
Mar 2014023595.895.06$1,188
Feb 2014021197.406.19$1,307
Jan 2014023590.404.86$1,142
Dec 2013023491.824.35$1,019
Nov 2013023388.853.74$871
Oct 2013024097.423.78$907
Sep 20130233104.113.72$866
Aug 20130263104.253.52$926
Jul 20130231102.523.72$859
Jun 2013021894.403.93$857
May 2013023194.834.15$958
Apr 2013019493.964.28$831
Mar 2013022793.623.91$888
Feb 2013022391.233.42$763
Jan 2013020291.603.42$691
Dec 2012023886.773.42$814
Nov 2012024286.953.62$877
Oct 2012028189.383.40$955
Sep 2012027894.672.92$811
Aug 2012019692.662.91$570
Jul 2012019385.133.02$583
Jun 2012027579.822.52$693
May 2012015491.612.49$383
Apr 20120241101.652.00$481
Mar 20120322105.052.22$716
Feb 20120198101.102.57$509
Jan 2012088598.092.73$2,420
Dec 201101096.873.24$32
Nov 2011031695.723.31$1,046
Oct 20111711,74084.983.65$20,880
Sep 201101,81583.623.99$7,234
Aug 201111,93583.404.15$8,112
Jul 20111751,94094.144.52$25,238
Jun 201101,24392.904.64$5,767
May 201101,06998.134.40$4,709
Apr 201101,881105.964.33$8,151
Mar 201102,84696.364.06$11,547
Feb 201101,80885.644.18$7,557
Jan 2011058586.504.59$2,684
Dec 201002,57785.734.35$11,204
Nov 20101703,08680.843.80$25,455
Oct 201003,39278.103.51$11,902
Sep 201003,95472.633.98$15,735
Aug 201003,84173.684.42$16,975
Jul 201001,69372.554.74$8,019
Jun 20101803,36570.364.91$29,188
May 201004,43171.124.24$18,766
Apr 201002,46281.694.12$10,150
Mar 20101784,99478.394.39$35,870
Feb 201003,70373.585.44$20,153
Jan 201004,78474.365.96$28,532
Dec 20091685,77071.445.48$43,643
Nov 200905,11674.593.75$19,193
Oct 200906,06972.544.11$24,945
Sep 20091807,21665.543.06$33,912
Aug 20091998,28067.423.22$40,066
Jul 200905,10261.133.46$17,676
Jun 200905,59766.163.90$21,800
May 2009110,68154.743.93$41,986
Apr 200918012,74246.773.59$54,131
Mar 20091828,28642.144.06$41,302
Feb 200902,32232.814.63$10,758
Jan 200937,94235.865.37$42,764
Dec 20081706,22037.105.98$43,485
Nov 200808,58055.496.86$58,862
Oct 200818511,38675.246.92$92,733
Sep 200818210,840101.767.88$103,908
Aug 2008313,009114.228.48$110,698
Jul 200817815,039131.0811.39$194,618
Jun 200817715,907131.3313.03$230,555
May 200817718,441123.1711.57$235,243
Apr 200836320,662110.3110.45$256,061
Mar 200818025,488101.909.66$264,660
Feb 200833927,04592.538.77$268,568
Jan 2008031,16190.388.21$255,699
Dec 200749133,57588.337.30$288,534
Nov 2007036,23991.677.29$264,244
Oct 200753241,17982.856.92$329,116
Sep 200736441,56675.846.24$287,151
Aug 200784247,18469.066.39$359,557
Jul 20071,22351,57270.906.39$416,150
Jun 200771453,55462.007.55$448,518
May 20071,09958,83758.747.85$526,207
Apr 20071,07876,70259.617.81$662,934
Mar 2007066,73456.927.30$487,290
Feb 2007070,42155.108.22$578,579

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.

Sep 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.05 =         $0
Gas                  118 Mcf  × $  2.66 =       $314

────────────────────────────────────────────────────
Month total                                     $314

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/229730 is the state's own key, not one this site invented.