SMITH FAMILY TRUST GAS UNIT

Operated by TAB OPERATING, INC. (P-5 834244) 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 234504District 06Field 643002872 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Nov 2007 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
223
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 Gas112008-05-19180780
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
CondensateDisposition8,407 bbl$745,330
GasProduction695,603 Mcf$4,448,852
Total$5,194,183

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 31.8515, -94.5286. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.85153, -94.52858 · 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
8,921 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 8,921 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-4013434488,921 ftNov 2007

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 (223)

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

223 months

May 202600106.413.05$0
Apr 202601198.932.87$32
Mar 20260989.753.15$28
Feb 202601363.503.75$49
Jan 202601259.138.00$96
Dec 202502056.664.41$88
Nov 202501158.593.93$43
Oct 202502159.383.30$69
Sep 202502862.743.08$86
Aug 202506463.933.01$193
Jul 202501666.743.32$53
Jun 202508866.483.13$275
May 202503360.553.23$107
Apr 202501362.363.54$46
Mar 202505367.704.27$226
Feb 20250970.884.34$39
Jan 202502474.324.28$103
Dec 202401668.993.12$50
Nov 202402769.052.20$59
Oct 202403571.372.28$80
Sep 202405269.612.36$123
Aug 202409375.632.06$192
Jul 202408779.932.15$187
Jun 2024016178.082.63$424
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202406280.301.55$96
Feb 202402276.091.78$39
Jan 2024011573.023.30$379
Dec 2023022871.262.61$595
Nov 202305577.892.81$154
Oct 202309885.443.09$303
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 2019012955.052.66$343
Aug 2019012953.112.30$297
Jul 2019012856.272.46$315
Jun 2019010652.782.49$264
May 2019016158.482.74$441
Apr 2019016362.632.75$448
Mar 2019016656.803.06$508
Feb 2019014650.852.79$408
Jan 2019017046.033.23$549
Dec 2018019446.594.19$812
Nov 2018017852.934.24$754
Oct 2018010861.443.40$367
Sep 2018013359.543.11$413
Aug 2018015759.403.07$481
Jul 2018025865.142.93$756
Jun 2018019060.183.08$585
May 2018021765.382.90$629
Apr 2018027563.842.90$798
Mar 2018047661.222.79$1,327
Feb 2018044161.782.77$1,220
Jan 2018079062.874.01$3,167
Dec 2017080857.272.92$2,361
Nov 2017086855.423.12$2,707
Oct 201701,00649.292.98$3,002
Sep 2017089247.523.09$2,754
Aug 2017096745.373.00$2,905
Jul 201701,04943.873.09$3,239
Jun 2017087242.493.09$2,692
May 2017074745.373.26$2,438
Apr 2017047447.933.21$1,522
Mar 2017096046.772.98$2,864
Feb 2017090650.452.95$2,675
Jan 201701,05249.413.42$3,597
Dec 201601,07948.763.72$4,017
Nov 201601,08342.492.64$2,864
Oct 201601,06846.193.09$3,300
Sep 2016097141.553.10$3,011
Aug 201601,12641.442.92$3,293
Jul 201601,05241.622.92$3,076
Jun 201601,08545.352.69$2,914
May 201601,15742.521.99$2,304
Apr 201601,18136.561.99$2,351
Mar 201601,24933.011.79$2,241
Feb 201601,17726.472.06$2,429
Jan 201601,26727.352.36$2,996
Dec 201501,36532.362.00$2,732
Nov 201501,51338.792.17$3,279
Oct 201501,29043.552.43$3,130
Sep 201501,04142.992.76$2,872
Aug 201501,12040.162.87$3,217
Jul 201501,14948.152.95$3,384
Jun 201501,58556.152.88$4,569
May 201501,65655.212.96$4,894
Apr 201501,64449.822.71$4,450
Mar 201501,76242.892.93$5,171
Feb 201501,56544.662.98$4,658
Jan 201501,71843.433.10$5,327
Dec 201401,69654.693.59$6,091
Nov 201401,83270.464.25$7,789
Oct 201401,90178.303.90$7,416
Sep 201401,85386.164.05$7,496
Aug 201401,88889.394.04$7,618
Jul 20141551,92396.564.18$23,004
Jun 201401,90798.164.74$9,033
May 201402,03594.734.73$9,619
Apr 201402,00395.944.81$9,633
Mar 20141062,17095.895.06$21,138
Feb 201401,95097.406.19$12,074
Jan 20141001,99090.404.86$18,713
Dec 201302,14391.824.35$9,332
Nov 20131062,13188.853.74$17,384
Oct 201302,03997.423.78$7,706
Sep 201301,893104.113.72$7,038
Aug 20131052,063104.253.52$18,213
Jul 201301,834102.523.72$6,818
Jun 201301,81994.403.93$7,155
May 20131222,03494.834.15$20,008
Apr 201302,20993.964.28$9,460
Mar 20131292,24093.623.91$20,842
Feb 201302,06691.233.42$7,066
Jan 20132202,40791.603.42$28,384
Dec 201202,47286.773.42$8,455
Nov 20121062,61086.953.62$18,678
Oct 201202,55989.383.40$8,700
Sep 201202,37794.672.92$6,937
Aug 20121022,62492.662.91$17,082
Jul 201202,68585.133.02$8,111
Jun 20121032,61979.822.52$14,819
May 201202,72391.612.49$6,776
Apr 2012912,740101.652.00$14,721
Mar 201202,973105.052.22$6,606
Feb 2012832,987101.102.57$16,069
Jan 201203,15198.092.73$8,615
Dec 2011362,76796.873.24$12,452
Nov 201102,89195.723.31$9,573
Oct 201103,43184.983.65$12,518
Sep 201103,49083.623.99$13,910
Aug 201103,64983.404.15$15,141
Jul 201103,97394.144.52$17,947
Jun 201103,81592.904.64$17,701
May 201103,22298.134.40$14,192
Apr 201103,324105.964.33$14,404
Mar 201103,73396.364.06$15,146
Feb 201103,54085.644.18$14,797
Jan 201104,31286.504.59$19,787
Dec 20101214,49685.734.35$29,921
Nov 201004,61080.843.80$17,496
Oct 2010834,91478.103.51$23,725
Sep 2010775,05172.633.98$25,693
Aug 201004,21373.684.42$18,619
Jul 20101515,45572.554.74$36,793
Jun 201005,45370.364.91$26,776
May 2010756,29671.124.24$31,999
Apr 20101555,98981.694.12$37,353
Mar 2010805,63678.394.39$31,006
Feb 201005,79673.585.44$31,544
Jan 2010836,58674.365.96$45,451
Dec 2009836,53471.445.48$41,760
Nov 2009827,01374.593.75$32,426
Oct 2009807,72772.544.11$37,563
Sep 20091287,83965.543.06$32,414
Aug 2009598,89267.423.22$32,597
Jul 20091229,18361.133.46$39,272
Jun 20091299,34966.163.90$44,949
May 2009678,37854.743.93$36,558
Apr 20092049,44446.773.59$43,421
Mar 200913510,77542.144.06$49,425
Feb 20096310,29732.814.63$49,773
Jan 200917912,57135.865.37$73,938
Dec 20089312,18337.105.98$76,270
Nov 20089012,17655.496.86$88,526
Oct 20089117,89275.246.92$130,695
Sep 20083314,250101.767.88$115,607
Aug 200819317,242114.228.48$168,309
Jul 200820919,778131.0811.39$252,656
Jun 200825223,744131.3313.03$342,542
May 200826622,206123.1711.57$289,782
Apr 200839925,847110.3110.45$314,240
Mar 200857830,154101.909.66$350,309
Feb 200859229,82092.538.77$316,316
Jan 200863035,45990.388.21$347,906
Dec 200778748,05388.337.30$420,397
Nov 200747443,91491.677.29$363,659

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                   11 Mcf  × $  2.87 =        $32

────────────────────────────────────────────────────
Month total                                      $32

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/234504 is the state's own key, not one this site invented.