KEY GAS UNIT

Operated by SMITH RESOURCES, INC. (P-5 796160) in the BETHANY (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 29409District 06Field 07527403GasSaveExport
Value, all time
$1.4 M
Jan 1993 – Sep 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
309
no gaps in the span
Streams
1
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 191 leases and 191 wells, and the rule below applies to all of them.

Discovered
1938-10-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: CONDUCTED DURING THE MONTHS OF APRIL, MAY OR JUNE, DUE JULY,

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
GasProduction454,134 Mcf$1,403,539
Total$1,403,539

170,583 Mcf of this lease's gas, across 46 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.4830, -94.3095. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.48301, -94.30946 · 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
6,702 ft
1 wells filed one
Completion to plug
62.3 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 6,702 ft.

Completions filed
May 1956
1 of 1 wells
Plug dates filed
Sep 2018
1 of 1 wells

Last completion to plug: a median of 62.3 years across the 1 well that filed both dates, with the middle half between 62.3 years and 62.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2030208416,702 ftMay 1956Sep 2018Yes

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 (309)

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

309 months

Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015148.152.95$3
Jun 2015256.152.88$6
May 2015155.212.96$3
Apr 2015149.822.71$3
Mar 2015042.892.93$0
Feb 2015144.662.98$3
Jan 2015143.433.10$3
Dec 20141754.693.59$61
Nov 2014270.464.25$9
Oct 20141678.303.90$62
Sep 20141786.164.05$69
Aug 2014289.394.04$8
Jul 2014496.564.18$17
Jun 20141298.164.74$57
May 20141094.734.73$47
Apr 20143495.944.81$164
Mar 20144395.895.06$217
Feb 20141597.406.19$93
Jan 2014790.404.86$34
Dec 20131991.824.35$83
Nov 20131388.853.74$49
Oct 20131497.423.78$53
Sep 201313104.113.72$48
Aug 201312104.253.52$42
Jul 201319102.523.72$71
Jun 20132094.403.93$79
May 20132194.834.15$87
Apr 20131993.964.28$81
Mar 20134493.623.91$172
Feb 20131991.233.42$65
Jan 20138991.603.42$304
Dec 20125086.773.42$171
Nov 20122286.953.62$80
Oct 20122489.383.40$82
Sep 20122494.672.92$70
Aug 20122792.662.91$79
Jul 20126085.133.02$181
Jun 20125079.822.52$126
May 20122491.612.49$60
Apr 201255101.652.00$110
Mar 201219105.052.22$42
Feb 201213101.102.57$33
Jan 20124298.092.73$115
Dec 20114296.873.24$136
Nov 20113295.723.31$106
Oct 20114084.983.65$146
Sep 20114083.623.99$159
Aug 20112483.404.15$100
Jul 2011094.144.52$0
Jun 2011192.904.64$5
May 20117698.134.40$335
Apr 201118105.964.33$78
Mar 20111196.364.06$45
Feb 20116485.644.18$268
Jan 20115286.504.59$239
Dec 20104485.734.35$191
Nov 20101280.843.80$46
Oct 20105778.103.51$200
Sep 20102672.633.98$103
Aug 20101773.684.42$75
Jul 20101772.554.74$81
Jun 2010470.364.91$20
May 20102771.124.24$114
Apr 20104381.694.12$177
Mar 20102078.394.39$88
Feb 20101273.585.44$65
Jan 20102074.365.96$119
Dec 20095671.445.48$307
Nov 20091574.593.75$56
Oct 200960772.544.11$2,495
Sep 20092965.543.06$89
Aug 20092567.423.22$80
Jul 20091661.133.46$55
Jun 200924266.163.90$943
May 20094054.743.93$157
Apr 20091446.773.59$50
Mar 20097942.144.06$321
Feb 200925032.814.63$1,158
Jan 20097535.865.37$403
Dec 200845737.105.98$2,732
Nov 20081,77755.496.86$12,191
Oct 20082,20375.246.92$15,249
Sep 20082,010101.767.88$15,833
Aug 200820114.228.48$170
Jul 200820131.0811.39$228
Jun 200815131.3313.03$195
May 200815123.1711.57$174
Apr 2008203110.3110.45$2,122
Mar 2008820101.909.66$7,925
Feb 200871892.538.77$6,297
Jan 20082,27390.388.21$18,652
Dec 20071,77188.337.30$12,932
Nov 20072,37491.677.29$17,311
Oct 20072,21382.856.92$15,318
Sep 20072,17175.846.24$13,556
Aug 20071,71569.066.39$10,955
Jul 20071,61870.906.39$10,336
Jun 20071,87562.007.55$14,153
May 20071,56558.747.85$12,279
Apr 200710059.617.81$781
Mar 20071,83656.927.30$13,406
Feb 20071,87555.108.22$15,405
Jan 200787850.306.73$5,906
Dec 200688156.656.92$6,095
Nov 20062,64554.207.62$20,148
Oct 20062,35754.906.01$14,175
Sep 20061,61760.085.04$8,145
Aug 200698868.717.34$7,252
Jul 20062,07869.376.34$13,180
Jun 200670766.286.38$4,513
May 20061,65766.016.42$10,646
Apr 20062,29664.397.36$16,900
Mar 20062,54956.707.08$18,054
Feb 20061,71257.597.75$13,270
Jan 20062,73460.598.93$24,424
Dec 20051,66954.9413.42$22,390
Nov 20053,66154.6910.59$38,764
Oct 20052,99858.3413.80$41,360
Sep 20052,36861.4512.08$28,603
Aug 20052,37461.519.80$23,258
Jul 20053,16355.697.84$24,809
Jun 20052,15852.337.38$15,928
May 2005045.226.65$0
Apr 20052,65449.207.36$19,535
Mar 20053,13850.377.15$22,452
Feb 20051,91945.226.31$12,113
Jan 20051,62943.166.32$10,299
Dec 20041,56939.866.75$10,592
Nov 20041,73345.286.33$10,971
Oct 20042,85949.706.52$18,627
Sep 20043,06043.245.28$16,169
Aug 20042,83142.375.55$15,714
Jul 20041,81338.286.08$11,031
Jun 20043,61736.106.43$23,268
May 20042,22937.486.49$14,476
Apr 20042,60234.475.86$15,244
Mar 20041,51534.365.53$8,378
Feb 20041,25432.455.51$6,909
Jan 20041,75132.036.30$11,031
Dec 20031,41930.266.30$8,942
Nov 20033,10928.804.60$14,286
Oct 20031,47128.174.76$7,001
Sep 200333526.314.75$1,591
Aug 20031,85229.765.13$9,500
Jul 20031,82929.415.17$9,457
Jun 20031,16228.565.98$6,952
May 20031,74626.595.97$10,428
Apr 20031,47026.675.41$7,949
Mar 20031,53931.146.10$9,382
Feb 20031,16833.487.93$9,257
Jan 20031,92830.315.58$10,762
Dec 20021,62926.914.85$7,907
Nov 20021,71424.664.14$7,091
Oct 20021,40726.464.23$5,950
Sep 20021,25327.443.64$4,555
Aug 20021,41125.963.16$4,465
Jul 20021,66524.583.06$5,098
Jun 20021,67423.733.34$5,588
May 20021,45624.663.58$5,218
Apr 200286423.653.51$3,035
Mar 200236822.003.10$1,142
Feb 200251418.222.38$1,221
Jan 20021,44417.172.38$3,430
Dec 20011,27116.932.36$3,005
Nov 20012,40318.072.41$5,780
Oct 20012,75919.782.53$6,977
Sep 20012,97724.262.25$6,702
Aug 20013,06524.873.05$9,358
Jul 20013,01923.933.20$9,652
Jun 20012,47524.563.82$9,465
May 20012,65025.524.31$11,414
Apr 20012,44824.685.34$13,061
Mar 20011,49124.545.38$8,016
Feb 20012,27927.755.77$13,143
Jan 20012,80227.478.40$23,533
Dec 20002,88026.889.12$26,273
Nov 20001,72432.215.66$9,754
Oct 20001,71431.235.15$8,819
Sep 20001,77531.875.19$9,206
Aug 20001,99129.644.54$9,041
Jul 20002,08628.534.09$8,531
Jun 20001,87729.304.40$8,254
May 20002,04827.263.68$7,536
Apr 20001,83924.513.12$5,730
Mar 20001,91528.422.86$5,476
Feb 20002,16627.622.73$5,906
Jan 20002,09125.272.48$5,187
Dec 19991,58824.282.42$3,849
Nov 19991,99323.192.43$4,851
Oct 19992,65420.982.80$7,441
Sep 19992,06921.752.62$5,418
Aug 19991,72719.262.88$4,966
Jul 19991,77417.892.37$4,209
Jun 19992,69915.942.36$6,375
May 19992,49415.792.32$5,789
Apr 19992,30615.102.21$5,092
Mar 19992,58812.471.84$4,758
Feb 19992,2889.981.82$4,159
Jan 19992,90810.381.90$5,525
Dec 19982,6399.201.77$4,680
Nov 19982,37110.892.19$5,182
Oct 19982,69012.421.97$5,297
Sep 19982,73012.592.08$5,686
Aug 19982,51011.301.91$4,787
Jul 19982,61411.742.24$5,848
Jun 19982,44911.242.24$5,479
May 19982,40512.622.21$5,306
Apr 19981,91013.042.51$4,785
Mar 19981,80112.802.31$4,159
Feb 199881513.952.30$1,874
Jan 199817714.702.15$381
Dec 19971,04616.322.41$2,522
Nov 19972,14218.193.09$6,615
Oct 19972,72319.253.15$8,577
Sep 19972,39217.742.95$7,068
Aug 19972,45617.862.55$6,274
Jul 19972,62217.582.25$5,891
Jun 19972,82617.242.26$6,379
May 19973,34918.972.31$7,731
Apr 19972,92117.882.08$6,084
Mar 19974,01118.951.94$7,778
Feb 19973,54420.492.21$7,818
Jan 19972,79623.483.54$9,897
Dec 19963,49723.32$0
Nov 19963,78621.97$0
Oct 19963,72623.31$0
Sep 19963,85022.22$0
Aug 19963,69420.26$0
Jul 19964,28919.55$0
Jun 19963,67418.73$0
May 19963,42119.43$0
Apr 19963,14521.51$0
Mar 19963,52019.38$0
Feb 19963,65816.98$0
Jan 19963,47417.07$0
Dec 19953,29717.19$0
Nov 19951,33616.00$0
Oct 19951,43115.43$0
Sep 19953,91516.18$0
Aug 19954,66915.92$0
Jul 19955,61015.24$0
Jun 19954,83116.41$0
May 19954,55817.56$0
Apr 19954,11917.73$0
Mar 19954,43816.44$0
Feb 19954,39616.58$0
Jan 19954,72415.92$0
Dec 19945,07615.03$0
Nov 19944,77215.90$0
Oct 19945,18315.58$0
Sep 19944,99015.29$0
Aug 19944,28616.13$0
Jul 19944,33017.56$0
Jun 19943,50217.09$0
May 19945,77915.88$0
Apr 19944,87414.14$0
Mar 19945,03812.46$0
Feb 19945,45212.50$0
Jan 19946,50412.66$0
Dec 19935,86012.33$0
Nov 19935,20914.49$0
Oct 19934,34615.85$0
Sep 19932,76415.03$0
Aug 199372515.66$0
Jul 19939315.46$0
Jun 1993016.79$0
May 1993517.68$0
Apr 19934718.05$0
Mar 19932318.14$0
Feb 199366717.90$0
Jan 1993016.93$0

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.

Jul 2015 — as filed, then multipliedworked
Gas                    1 Mcf  × $  2.95 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/29409 is the state's own key, not one this site invented.