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SMITH FAMILY TRUST GAS UNIT

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 254060District 06Field 643002872 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Dec 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
222
no gaps in the span
Streams
2
condensate, gas

The NACONICHE CREEK (ROD.-TP CONS.) field

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 Gas112010-01-21180781
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
CondensateDisposition6,995 bbl$558,122
GasProduction300,857 Mcf$1,426,377
Total$1,984,499

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 31.8421, -94.5304. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84209, -94.53038 · 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
8,870 ft
1 wells filed one
Completion to plug
17.7 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 8,870 ft.

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

Last completion to plug: a median of 17.7 years across the 1 well that filed both dates, with the middle half between 17.7 years and 17.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3473262658,870 ftDec 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 (222)

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

222 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 2019029455.052.66$781
Aug 201913035553.112.30$7,722
Jul 2019038256.272.46$940
Jun 2019029952.782.49$745
May 2019030458.482.74$833
Apr 2019030462.632.75$836
Mar 2019032856.803.06$1,004
Feb 2019026450.852.79$737
Jan 2019036046.033.23$1,162
Dec 2018027846.594.19$1,164
Nov 2018024952.934.24$1,055
Oct 2018027661.443.40$938
Sep 2018025459.543.11$789
Aug 2018026359.403.07$807
Jul 2018032965.142.93$965
Jun 20188233860.183.08$5,975
May 2018027565.382.90$798
Apr 2018033863.842.90$980
Mar 2018052961.222.79$1,474
Feb 20182648461.782.77$2,945
Jan 2018056562.874.01$2,265
Dec 201711785157.272.92$9,187
Nov 2017083255.423.12$2,594
Oct 2017093549.292.98$2,790
Sep 2017078847.523.09$2,433
Aug 2017078745.373.00$2,364
Jul 201717185543.873.09$10,141
Jun 2017082842.493.09$2,556
May 2017078945.373.26$2,575
Apr 2017082947.933.21$2,662
Mar 2017090646.772.98$2,703
Feb 2017083550.452.95$2,465
Jan 2017092849.413.42$3,173
Dec 2016091748.763.72$3,414
Nov 2016089342.492.64$2,361
Oct 2016094546.193.09$2,920
Sep 201615792541.553.10$9,391
Aug 201601,03841.442.92$3,035
Jul 201601,03241.622.92$3,018
Jun 201601,00945.352.69$2,710
May 20161771,03742.521.99$9,591
Apr 201601,10936.561.99$2,208
Mar 201601,09633.011.79$1,966
Feb 2016083326.472.06$1,719
Jan 201601,19627.352.36$2,828
Dec 201501,19632.362.00$2,394
Nov 201501,23038.792.17$2,666
Oct 201501,26443.552.43$3,067
Sep 201501,21442.992.76$3,349
Aug 20151681,29840.162.87$10,475
Jul 201501,09148.152.95$3,213
Jun 201501,20356.152.88$3,468
May 201501,26255.212.96$3,730
Apr 201501,09449.822.71$2,961
Mar 201522482042.892.93$12,014
Feb 2015064744.662.98$1,926
Jan 2015098543.433.10$3,054
Dec 201401,41654.693.59$5,085
Nov 201401,34870.464.25$5,731
Oct 201401,49578.303.90$5,832
Sep 201401,49286.164.05$6,036
Aug 201401,56889.394.04$6,327
Jul 20141861,63796.564.18$24,802
Jun 201401,54098.164.74$7,295
May 201401,70994.734.73$8,078
Apr 201401,68095.944.81$8,079
Mar 20141841,79195.895.06$26,700
Feb 201401,61297.406.19$9,982
Jan 201401,84490.404.86$8,963
Dec 201301,89491.824.35$8,247
Nov 20131811,89288.853.74$23,155
Oct 201301,88597.423.78$7,124
Sep 201301,754104.113.72$6,521
Aug 20131561,908104.253.52$22,984
Jul 201301,886102.523.72$7,012
Jun 201301,89594.403.93$7,454
May 201302,04794.834.15$8,493
Apr 201302,03193.964.28$8,698
Mar 20131612,16193.623.91$23,529
Feb 201302,00791.233.42$6,864
Jan 201302,31391.603.42$7,910
Dec 20121772,33086.773.42$23,327
Nov 201202,34986.953.62$8,515
Oct 201202,60089.383.40$8,839
Sep 201202,58494.672.92$7,541
Aug 20121862,77892.662.91$25,314
Jul 201202,85585.133.02$8,624
Jun 201202,73179.822.52$6,880
May 20121772,96191.612.49$23,583
Apr 20121782,864101.652.00$23,813
Mar 201202,920105.052.22$6,488
Feb 201202,769101.102.57$7,117
Jan 201203,12298.092.73$8,536
Dec 201102,95396.873.24$9,567
Nov 201103,03195.723.31$10,036
Oct 20111733,37284.983.65$27,004
Sep 20111713,24883.623.99$27,245
Aug 201103,23083.404.15$13,402
Jul 201103,56594.144.52$16,104
Jun 20111813,60692.904.64$33,546
May 201103,54098.134.40$15,593
Apr 201103,704105.964.33$16,050
Mar 20111783,63696.364.06$31,905
Feb 201103,28485.644.18$13,727
Jan 201104,10486.504.59$18,832
Dec 20101764,38785.734.35$34,162
Nov 20101764,32480.843.80$30,639
Oct 201004,60778.103.51$16,165
Sep 20101765,16072.633.98$33,317
Aug 201005,65373.684.42$24,983
Jul 20101616,07172.554.74$40,436
Jun 20101786,36770.364.91$43,789
May 201007,08971.124.24$30,023
Apr 20101587,27481.694.12$42,895
Mar 20101687,83978.394.39$47,572
Feb 20103487,35273.585.44$65,618
Jan 20101696,82274.365.96$53,254
Dec 20091647,76571.445.48$54,297
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 20081807,128101.909.66$87,227
Feb 200834712,20092.538.77$139,109
Jan 200870715,88490.388.21$194,238
Dec 200734625,42988.337.30$216,244

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                  294 Mcf  × $  2.66 =       $781

────────────────────────────────────────────────────
Month total                                     $781

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/254060 is the state's own key, not one this site invented.