SMITHERMAN #1 GAS UNIT

Operated by IMAGERY EXPLORATION, INC. (P-5 422898) in the WILLOW SPRINGS (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 242483District 06Field 977521002 tax incentive programmesCondensateGasSaveExport
Value, all time
$500 k
Apr 2008 – Apr 2020
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
145
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 398 leases and 398 wells, and the rule below applies to all of them.

Discovered
1975-07-10
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2016-10-25.

The Commission's schedule remark for this field reads: SINGLE RESERVOIR. PLEASE REFER TO ORDER FOR TAKE POINTS.

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 Gas112009-01-23188645
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
CondensateDisposition220 bbl$12,554
GasProduction74,932 Mcf$487,486
Total$500,040

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 32.5439, -94.6915. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.54389, -94.69148 · 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
0.0%
0 of 1 wells
Median depth
11,100 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
1100.0%
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.
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 11,100 ft.

Completions filed
Apr 2021
1 of 1 wells

1 well

42-20334240111,100 ftApr 2021Yes

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 (145)

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

145 months

Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 202025057.252.09$1,431
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 201836046.594.19$1,677
Nov 201856052.934.24$2,964
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 201802459.403.07$74
Jul 20180065.142.93$0
Jun 201802060.183.08$62
May 201802465.382.90$70
Apr 201803163.842.90$90
Mar 201805261.222.79$145
Feb 201803161.782.77$86
Jan 201806662.874.01$265
Dec 2017011457.272.92$333
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 20170342.493.09$9
May 201701345.373.26$42
Apr 20170847.933.21$26
Mar 201701246.772.98$36
Feb 201701150.452.95$32
Jan 201701149.413.42$38
Dec 201608648.763.72$320
Nov 2016078942.492.64$2,086
Oct 2016070646.193.09$2,182
Sep 20160041.553.10$0
Aug 2016089741.442.92$2,623
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 201601942.521.99$38
Apr 201604936.561.99$98
Mar 201603133.011.79$56
Feb 201602926.472.06$60
Jan 201607427.352.36$175
Dec 201508632.362.00$172
Nov 201506738.792.17$145
Oct 20150043.552.43$0
Sep 201505142.992.76$141
Aug 201508840.162.87$253
Jul 20155881148.152.95$5,181
Jun 201502556.152.88$72
May 2015045555.212.96$1,345
Apr 2015039949.822.71$1,080
Mar 2015070342.892.93$2,063
Feb 201506744.662.98$199
Jan 2015043443.433.10$1,346
Dec 2014079254.693.59$2,844
Nov 2014054970.464.25$2,334
Oct 2014022978.303.90$893
Sep 2014036386.164.05$1,468
Aug 2014027589.394.04$1,110
Jul 2014043896.564.18$1,831
Jun 2014023398.164.74$1,104
May 2014041194.734.73$1,943
Apr 2014038995.944.81$1,871
Mar 2014059095.895.06$2,984
Feb 2014047897.406.19$2,960
Jan 201407090.404.86$340
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013038297.423.78$1,444
Sep 20130279104.113.72$1,037
Aug 20130455104.253.52$1,603
Jul 20130317102.523.72$1,179
Jun 2013033094.403.93$1,298
May 2013021594.834.15$892
Apr 2013021093.964.28$899
Mar 2013063293.623.91$2,473
Feb 2013024391.233.42$831
Jan 2013045491.603.42$1,553
Dec 2012029486.773.42$1,006
Nov 2012036186.953.62$1,309
Oct 2012035689.383.40$1,210
Sep 2012046994.672.92$1,369
Aug 2012059192.662.91$1,719
Jul 2012043385.133.02$1,308
Jun 2012050479.822.52$1,270
May 2012059791.612.49$1,486
Apr 20120510101.652.00$1,018
Mar 20120481105.052.22$1,069
Feb 20120400101.102.57$1,028
Jan 2012063298.092.73$1,728
Dec 2011053796.873.24$1,740
Nov 2011059095.723.31$1,954
Oct 2011047484.983.65$1,729
Sep 2011062183.623.99$2,475
Aug 2011083283.404.15$3,452
Jul 201109594.144.52$429
Jun 2011021792.904.64$1,007
May 2011039198.134.40$1,722
Apr 20110141105.964.33$611
Mar 2011044796.364.06$1,814
Feb 2011050285.644.18$2,098
Jan 20110386.504.59$14
Dec 2010029785.734.35$1,291
Nov 2010046680.843.80$1,769
Oct 2010062678.103.51$2,197
Sep 2010048772.633.98$1,938
Aug 2010052873.684.42$2,333
Jul 2010076572.554.74$3,623
Jun 2010063970.364.91$3,138
May 2010061671.124.24$2,609
Apr 2010029981.694.12$1,233
Mar 2010079178.394.39$3,471
Feb 2010075973.585.44$4,131
Jan 201001,00574.365.96$5,994
Dec 2009093271.445.48$5,111
Nov 2009087574.593.75$3,283
Oct 200901,13272.544.11$4,653
Sep 200901,03965.543.06$3,184
Aug 2009099967.423.22$3,215
Jul 200901,19661.133.46$4,144
Jun 2009290666.163.90$3,661
May 2009067954.743.93$2,666
Apr 2009483446.773.59$3,179
Mar 200991,19142.144.06$5,214
Feb 200901,21832.814.63$5,643
Jan 200902,05735.865.37$11,048
Dec 200801,02737.105.98$6,139
Nov 2008490455.496.86$6,424
Oct 2008101,39775.246.92$10,422
Sep 200801,615101.767.88$12,722
Aug 200852,067114.228.48$18,106
Jul 200803,802131.0811.39$43,303
Jun 2008115,585131.3313.03$74,232
May 200805,835123.1711.57$67,536
Apr 200807,266110.3110.45$75,965

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.

Jan 2020 — as filed, then multipliedworked
Condensate            25 bbl  × $ 57.25 =     $1,431
Gas                    0 Mcf  × $  2.09 =         $0

────────────────────────────────────────────────────
Month total                                   $1,431

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/242483 is the state's own key, not one this site invented.