SMITH, R.T.

Operated by PEDERNALES PETROLEUM OP, LLC (P-5 650201) in the MINDEN (COTTON VALLEY CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 249418District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Jun 2009 – May 2026
Value, last 12 filed months
$626
at the published price for each month
Months reported
204
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 456 leases and 456 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
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: EXCEPTION TO SWR51(A) 30 DAY RULE.

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 Gas112011-05-13202235
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
CondensateDisposition3,819 bbl$285,237
GasProduction249,103 Mcf$923,135
Total$1,208,372

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 32.0359, -94.7018. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.03588, -94.70179 · 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
10,855 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 10,855 ft.

Completions filed
Jun 2009
1 of 1 wells

1 well

42-40134251310,855 ftJun 2009

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 (204)

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

204 months

May 202606106.413.05$18
Apr 202601698.932.87$46
Mar 202601689.753.15$50
Feb 202602263.503.75$83
Jan 202602059.138.00$160
Dec 202501156.664.41$49
Nov 202501158.593.93$43
Oct 202501159.383.30$36
Sep 202501162.743.08$34
Aug 202501263.933.01$36
Jul 202501166.743.32$36
Jun 202501166.483.13$34
May 202501260.553.23$39
Apr 202501262.363.54$43
Mar 202501467.704.27$60
Feb 202501270.884.34$52
Jan 202501174.324.28$47
Dec 202401268.993.12$37
Nov 202401269.052.20$26
Oct 202401371.372.28$30
Sep 202401369.612.36$31
Aug 20240375.632.06$6
Jul 202401879.932.15$39
Jun 202401578.082.63$40
May 202401078.812.20$22
Apr 202401884.451.66$30
Mar 20240180.301.55$2
Feb 202402576.091.78$45
Jan 202402373.023.30$76
Dec 202301071.262.61$26
Nov 20230977.892.81$25
Oct 20230885.443.09$25
Sep 202301089.042.74$27
Aug 202301280.522.67$32
Jul 202301274.852.64$32
Jun 202301268.962.26$27
May 20230270.622.23$4
Apr 20230278.122.24$4
Mar 20230272.852.39$5
Feb 20230275.112.47$5
Jan 20230376.533.39$10
Dec 20220376.415.73$17
Nov 20220285.005.65$11
Oct 20220387.185.86$18
Sep 20220484.888.16$33
Aug 20220394.529.13$27
Jul 2022022101.587.54$166
Jun 202203115.097.98$24
May 202203109.378.43$25
Apr 202203104.226.84$21
Mar 202203108.885.08$15
Feb 20220291.054.86$10
Jan 202202181.844.54$95
Dec 202103171.323.90$121
Nov 202106777.435.24$351
Oct 202105779.795.71$326
Sep 202103369.865.35$177
Aug 202103366.024.22$139
Jul 202104270.783.98$167
Jun 202105869.493.38$196
May 202105163.483.02$154
Apr 202105960.362.76$163
Mar 202104961.302.72$133
Feb 202105657.805.55$311
Jan 202109750.412.81$273
Dec 2020010544.642.68$281
Nov 2020011838.772.71$319
Oct 2020014336.972.48$354
Sep 2020018037.091.99$358
Aug 2020020539.982.39$489
Jul 2020023938.371.83$436
Jun 2020030534.901.69$516
May 2020028416.921.81$515
Apr 2020031114.751.80$561
Mar 2020028530.341.86$529
Feb 202017217849.881.98$8,932
Jan 2020020357.252.09$425
Dec 2019024359.012.30$560
Nov 2019024055.302.75$660
Oct 2019015753.472.42$380
Sep 2019051655.052.66$1,371
Aug 2019051253.112.30$1,180
Jul 2019091956.272.46$2,261
Jun 2019093652.782.49$2,332
May 2019077558.482.74$2,124
Apr 2019079362.632.75$2,181
Mar 201901,03156.803.06$3,157
Feb 2019082250.852.79$2,295
Jan 2019099246.033.23$3,202
Dec 2018081146.594.19$3,394
Nov 201801,11552.934.24$4,725
Oct 20181451,10161.443.40$12,650
Sep 2018098659.543.11$3,064
Aug 2018096459.403.07$2,956
Jul 2018095965.142.93$2,812
Jun 2018092860.183.08$2,855
May 2018093665.382.90$2,715
Apr 2018092363.842.90$2,677
Mar 2018081261.222.79$2,263
Feb 201811782961.782.77$9,521
Jan 2018076662.874.01$3,071
Dec 2017073157.272.92$2,136
Nov 2017083455.423.12$2,601
Oct 2017099449.292.98$2,966
Sep 201701,07347.523.09$3,313
Aug 201701,06545.373.00$3,200
Jul 201701,08343.873.09$3,344
Jun 201701,20642.493.09$3,723
May 20171941,17945.373.26$12,649
Apr 201701,14147.933.21$3,664
Mar 201701,10046.772.98$3,282
Feb 2017084350.452.95$2,489
Jan 2017090349.413.42$3,087
Dec 20161841,02648.763.72$12,791
Nov 201691,33642.492.64$3,915
Oct 201601,25046.193.09$3,863
Sep 201601,33241.553.10$4,130
Aug 201602,35841.442.92$6,896
Jul 201601,28941.622.92$3,769
Jun 201601,29045.352.69$3,465
May 201601,48242.521.99$2,951
Apr 201601,00936.561.99$2,009
Mar 201601,27433.011.79$2,286
Feb 201601,46026.472.06$3,013
Jan 201601,11527.352.36$2,636
Dec 201501,44232.362.00$2,886
Nov 201501,41638.792.17$3,069
Oct 201501,53943.552.43$3,735
Sep 201501,49742.992.76$4,129
Aug 201501,06640.162.87$3,062
Jul 20151881,31448.152.95$12,922
Jun 201501,32956.152.88$3,831
May 20151761,55955.212.96$14,325
Apr 201501,51949.822.71$4,111
Mar 201501,72842.892.93$5,071
Feb 201501,39844.662.98$4,161
Jan 201501,58743.433.10$4,921
Dec 201401,58154.693.59$5,678
Nov 201401,73270.464.25$7,364
Oct 201401,45378.303.90$5,668
Sep 201401,26786.164.05$5,126
Aug 20141571,66389.394.04$20,745
Jul 201401,39796.564.18$5,839
Jun 201401,41998.164.74$6,722
May 201401,49394.734.73$7,057
Apr 201401,58095.944.81$7,598
Mar 201401,73995.895.06$8,794
Feb 201401,54797.406.19$9,579
Jan 20141881,75290.404.86$25,511
Dec 201301,63291.824.35$7,107
Nov 201302,04788.853.74$7,652
Oct 201302,10397.423.78$7,948
Sep 201301,945104.113.72$7,231
Aug 20130340104.253.52$1,198
Jul 20131882,171102.523.72$27,345
Jun 20131681,81894.403.93$23,010
May 201301,51094.834.15$6,265
Apr 201302,41293.964.28$10,330
Mar 201302,33593.623.91$9,137
Feb 2013099491.233.42$3,399
Jan 201301,52191.603.42$5,202
Dec 2012066186.773.42$2,261
Nov 201201,01586.953.62$3,679
Oct 201201,42989.383.40$4,858
Sep 201201,07594.672.92$3,137
Aug 201201,12092.662.91$3,257
Jul 20121861,81785.133.02$21,323
Jun 201201,69579.822.52$4,270
May 201202,20691.612.49$5,489
Apr 201201,575101.652.00$3,145
Mar 201201,896105.052.22$4,213
Feb 201201,588101.102.57$4,082
Jan 201201,96398.092.73$5,367
Dec 20111942,00896.873.24$25,298
Nov 201102,10295.723.31$6,960
Oct 201102,38684.983.65$8,705
Sep 201102,35483.623.99$9,383
Aug 201102,73483.404.15$11,344
Jul 20111952,26794.144.52$28,598
Jun 201102,62092.904.64$12,156
May 201102,97098.134.40$13,082
Apr 20112012,826105.964.33$33,544
Mar 201103,10796.364.06$12,606
Feb 201102,64385.644.18$11,048
Jan 201103,02786.504.59$13,890
Dec 201002,97485.734.35$12,930
Nov 201003,10180.843.80$11,769
Oct 20101862,82778.103.51$24,446
Sep 201003,61272.633.98$14,374
Aug 201004,13373.684.42$18,265
Jul 201004,30172.554.74$20,372
Jun 20101884,52470.364.91$35,442
May 201004,96371.124.24$21,019
Apr 201005,37381.694.12$22,151
Mar 20101983,83578.394.39$32,352
Feb 201003,77773.585.44$20,556
Jan 201004,87574.365.96$29,075
Dec 20091975,83171.445.48$46,049
Nov 200905,31574.593.75$19,939
Oct 200905,64772.544.11$23,211
Sep 20091906,60265.543.06$32,686
Aug 20091987,58867.423.22$37,771
Jul 200908,79561.133.46$30,470
Jun 200903,93566.163.90$15,327

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                    6 Mcf  × $  3.05 =        $18

────────────────────────────────────────────────────
Month total                                      $18

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/249418 is the state's own key, not one this site invented.