SMITH, J. J.

Operated by ANADARKO E&P COMPANY LP (P-5 20542) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 247522District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$371 k
Jan 2009 – Aug 2012
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
44
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112009-09-14194453
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
CondensateDisposition963 bbl$69,942
GasProduction73,333 Mcf$300,622
Total$370,565

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 32.0168, -94.3413. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.01683, -94.34129 · 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
9,804 ft
1 wells filed one
Completion to plug
3.4 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 9,804 ft.

Completions filed
Aug 2012
1 of 1 wells
Plug dates filed
Jan 2016
1 of 1 wells

Last completion to plug: a median of 3.4 years across the 1 well that filed both dates, with the middle half between 3.4 years and 3.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653712489,804 ftAug 2012Jan 2016Yes

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 (44)

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

44 months

Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 201209991.612.49$246
Apr 2012010101.652.00$20
Mar 20120102105.052.22$227
Feb 2012095101.102.57$244
Jan 2012010898.092.73$295
Dec 2011011496.873.24$369
Nov 2011011595.723.31$381
Oct 2011012384.983.65$449
Sep 2011012683.623.99$502
Aug 2011013483.404.15$556
Jul 2011015394.144.52$691
Jun 2011015692.904.64$724
May 20111316998.134.40$2,020
Apr 20115192105.964.33$1,362
Mar 2011912696.364.06$1,378
Feb 20111814285.644.18$2,135
Jan 2011287086.504.59$2,743
Dec 2010323485.734.35$2,891
Nov 2010321980.843.80$2,659
Oct 2010291178.103.51$2,304
Sep 201001,79172.633.98$7,127
Aug 2010302,22973.684.42$12,061
Jul 2010622,18572.554.74$14,847
Jun 2010302,43870.364.91$14,082
May 2010302,74671.124.24$13,764
Apr 2010622,99081.694.12$17,392
Mar 2010312,98978.394.39$15,548
Feb 2010612,43073.585.44$17,713
Jan 2010612,83574.365.96$21,444
Dec 2009623,29271.445.48$22,482
Nov 2009303,75674.593.75$16,328
Oct 2009743,94472.544.11$21,579
Sep 2009794,12465.543.06$17,817
Aug 2009394,33267.423.22$16,572
Jul 2009675,39561.133.46$22,787
Jun 2009215,65466.163.90$23,412
May 2009397,02954.743.93$29,729
Apr 200957,72846.773.59$27,958
Mar 200981,26342.144.06$5,464
Feb 200931,54732.814.63$7,266
Jan 2009353835.865.37$2,997

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.

May 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.61 =         $0
Gas                   99 Mcf  × $  2.49 =       $246

────────────────────────────────────────────────────
Month total                                     $246

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/247522 is the state's own key, not one this site invented.