SMITH, B.M.

Name: SMITH, B.M. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by J-O'B OPERATING COMPANY (P-5 427302) in the PERCY WHEELER (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 83188District 06Field 70577500NGPA filingCondensateGasSave Export

Value, all time

$2.0 M

Jan 1993 – Jan 2014

Value, last 12 filed months

$39 k

at the published price for each month

Months reported

253

no gaps in the span

Streams

condensate, gas

The PERCY WHEELER (TRAVIS PEAK) 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 37 leases and 37 wells, and the rule below applies to all of them.

Discovered

1979-07-17

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2005-03-08.

The Commission's schedule remark for this field reads: “PER DOCKET #06-0241504.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	7,417 bbl	$185,160
Gas	Production	651,242 Mcf	$1,770,435
Total			$1,955,595

207,078 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 32.0612, -95.2301. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06117, -95.23006 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,699 ft

1 wells filed one

Completion to plug

34.5 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 9,699 ft.

Completions filed

Jul 1979

1 of 1 wells

Plug dates filed

Jan 2014

1 of 1 wells

Last completion to plug: a median of 34.5 years across the 1 well that filed both dates, with the middle half between 34.5 years and 34.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-07330349	1	9,699 ft	Jul 1979	Jan 2014	Yes

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 (253)

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

253 months


Jan 2014	0	0	90.40	4.86	$0
Dec 2013	86	1,356	91.82	4.35	$13,801
Nov 2013	0	1,581	88.85	3.74	$5,910
Oct 2013	0	430	97.42	3.78	$1,625
Sep 2013	61	216	104.11	3.72	$7,154
Aug 2013	0	339	104.25	3.52	$1,194
Jul 2013	0	346	102.52	3.72	$1,286
Jun 2013	0	471	94.40	3.93	$1,853
May 2013	0	470	94.83	4.15	$1,950
Apr 2013	0	367	93.96	4.28	$1,572
Mar 2013	0	393	93.62	3.91	$1,538
Feb 2013	0	465	91.23	3.42	$1,590
Jan 2013	0	199	91.60	3.42	$681
Dec 2012	182	364	86.77	3.42	$17,037
Nov 2012	0	792	86.95	3.62	$2,871
Oct 2012	0	640	89.38	3.40	$2,176
Sep 2012	0	490	94.67	2.92	$1,430
Aug 2012	0	699	92.66	2.91	$2,033
Jul 2012	0	591	85.13	3.02	$1,785
Jun 2012	0	834	79.82	2.52	$2,101
May 2012	0	1,215	91.61	2.49	$3,023
Apr 2012	0	1,267	101.65	2.00	$2,530
Mar 2012	0	639	105.05	2.22	$1,420
Feb 2012	0	382	101.10	2.57	$982
Jan 2012	0	451	98.09	2.73	$1,233
Dec 2011	0	398	96.87	3.24	$1,289
Nov 2011	0	500	95.72	3.31	$1,656
Oct 2011	0	896	84.98	3.65	$3,269
Sep 2011	178	815	83.62	3.99	$18,133
Aug 2011	0	199	83.40	4.15	$826
Jul 2011	0	883	94.14	4.52	$3,989
Jun 2011	0	662	92.90	4.64	$3,072
May 2011	0	1,233	98.13	4.40	$5,431
Apr 2011	0	760	105.96	4.33	$3,293
Mar 2011	0	848	96.36	4.06	$3,441
Feb 2011	0	638	85.64	4.18	$2,667
Jan 2011	0	1,011	86.50	4.59	$4,639
Dec 2010	0	977	85.73	4.35	$4,248
Nov 2010	0	586	80.84	3.80	$2,224
Oct 2010	0	294	78.10	3.51	$1,032
Sep 2010	178	669	72.63	3.98	$15,590
Aug 2010	0	993	73.68	4.42	$4,388
Jul 2010	0	1,080	72.55	4.74	$5,115
Jun 2010	0	894	70.36	4.91	$4,390
May 2010	0	1,176	71.12	4.24	$4,981
Apr 2010	0	729	81.69	4.12	$3,005
Mar 2010	0	553	78.39	4.39	$2,427
Feb 2010	0	1,671	73.58	5.44	$9,094
Jan 2010	0	2,502	74.36	5.96	$14,922
Dec 2009	0	2,241	71.44	5.48	$12,289
Nov 2009	0	1,414	74.59	3.75	$5,305
Oct 2009	0	1,601	72.54	4.11	$6,581
Sep 2009	0	2,031	65.54	3.06	$6,225
Aug 2009	0	2,084	67.42	3.22	$6,707
Jul 2009	0	2,645	61.13	3.46	$9,164
Jun 2009	0	3,622	66.16	3.90	$14,108
May 2009	0	3,177	54.74	3.93	$12,472
Apr 2009	0	2,734	46.77	3.59	$9,808
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	2,171	32.81	4.63	$10,058
Jan 2009	179	2,519	35.86	5.37	$19,948
Dec 2008	0	2,374	37.10	5.98	$14,190
Nov 2008	0	1,254	55.49	6.86	$8,603
Oct 2008	0	1,012	75.24	6.92	$7,005
Sep 2008	0	1,384	101.76	7.88	$10,902
Aug 2008	0	576	114.22	8.48	$4,886
Jul 2008	0	952	131.08	11.39	$10,843
Jun 2008	0	2,490	131.33	13.03	$32,451
May 2008	0	1,501	123.17	11.57	$17,373
Apr 2008	0	1,227	110.31	10.45	$12,828
Mar 2008	0	1,445	101.90	9.66	$13,965
Feb 2008	0	1,604	92.53	8.77	$14,068
Jan 2008	0	1,788	90.38	8.21	$14,672
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	1,566	91.67	7.29	$11,419
Oct 2007	0	1,896	82.85	6.92	$13,124
Sep 2007	0	3,323	75.84	6.24	$20,749
Aug 2007	0	1,921	69.06	6.39	$12,271
Jul 2007	0	1,551	70.90	6.39	$9,908
Jun 2007	0	1,322	62.00	7.55	$9,979
May 2007	0	1,534	58.74	7.85	$12,036
Apr 2007	0	1,746	59.61	7.81	$13,628
Mar 2007	0	1,254	56.92	7.30	$9,157
Feb 2007	0	1,105	55.10	8.22	$9,079
Jan 2007	0	1,740	50.30	6.73	$11,705
Dec 2006	0	2,005	56.65	6.92	$13,871
Nov 2006	0	2,575	54.20	7.62	$19,615
Oct 2006	0	2,567	54.90	6.01	$15,437
Sep 2006	0	779	60.08	5.04	$3,924
Aug 2006	0	1,823	68.71	7.34	$13,381
Jul 2006	0	1,537	69.37	6.34	$9,749
Jun 2006	0	959	66.28	6.38	$6,122
May 2006	0	2,470	66.01	6.42	$15,870
Apr 2006	0	1,474	64.39	7.36	$10,849
Mar 2006	0	480	56.70	7.08	$3,400
Feb 2006	0	496	57.59	7.75	$3,845
Jan 2006	0	1,126	60.59	8.93	$10,059
Dec 2005	0	600	54.94	13.42	$8,049
Nov 2005	0	311	54.69	10.59	$3,293
Oct 2005	0	1,071	58.34	13.80	$14,775
Sep 2005	0	825	61.45	12.08	$9,965
Aug 2005	0	1,089	61.51	9.80	$10,669
Jul 2005	0	348	55.69	7.84	$2,730
Jun 2005	0	833	52.33	7.38	$6,148
May 2005	0	521	45.22	6.65	$3,465
Apr 2005	0	475	49.20	7.36	$3,496
Mar 2005	0	467	50.37	7.15	$3,341
Feb 2005	0	641	45.22	6.31	$4,046
Jan 2005	0	663	43.16	6.32	$4,192
Dec 2004	0	583	39.86	6.75	$3,936
Nov 2004	0	761	45.28	6.33	$4,817
Oct 2004	0	257	49.70	6.52	$1,674
Sep 2004	0	795	43.24	5.28	$4,201
Aug 2004	0	290	42.37	5.55	$1,610
Jul 2004	0	1,144	38.28	6.08	$6,960
Jun 2004	0	251	36.10	6.43	$1,615
May 2004	0	550	37.48	6.49	$3,572
Apr 2004	0	200	34.47	5.86	$1,172
Mar 2004	0	826	34.36	5.53	$4,568
Feb 2004	0	796	32.45	5.51	$4,386
Jan 2004	159	316	32.03	6.30	$7,083
Dec 2003	0	709	30.26	6.30	$4,468
Nov 2003	0	366	28.80	4.60	$1,682
Oct 2003	0	4,021	28.17	4.76	$19,139
Sep 2003	0	2,354	26.31	4.75	$11,180
Aug 2003	0	2,858	29.76	5.13	$14,661
Jul 2003	0	3,227	29.41	5.17	$16,686
Jun 2003	0	657	28.56	5.98	$3,931
May 2003	177	1,718	26.59	5.97	$14,967
Apr 2003	0	2,471	26.67	5.41	$13,361
Mar 2003	0	3,477	31.14	6.10	$21,196
Feb 2003	0	2,876	33.48	7.93	$22,795
Jan 2003	0	2,581	30.31	5.58	$14,407
Dec 2002	215	1,597	26.91	4.85	$13,537
Nov 2002	0	3,523	24.66	4.14	$14,575
Oct 2002	0	2,919	26.46	4.23	$12,345
Sep 2002	0	1,365	27.44	3.64	$4,962
Aug 2002	0	3,017	25.96	3.16	$9,546
Jul 2002	0	3,912	24.58	3.06	$11,978
Jun 2002	183	3,790	23.73	3.34	$16,995
May 2002	0	3,483	24.66	3.58	$12,483
Apr 2002	0	2,575	23.65	3.51	$9,044
Mar 2002	0	2,288	22.00	3.10	$7,099
Feb 2002	0	1,200	18.22	2.38	$2,851
Jan 2002	0	2,693	17.17	2.38	$6,398
Dec 2001	183	2,806	16.93	2.36	$9,733
Nov 2001	0	3,640	18.07	2.41	$8,756
Oct 2001	0	2,576	19.78	2.53	$6,514
Sep 2001	0	3,555	24.26	2.25	$8,003
Aug 2001	0	3,168	24.87	3.05	$9,672
Jul 2001	178	4,011	23.93	3.20	$17,083
Jun 2001	0	4,144	24.56	3.82	$15,847
May 2001	0	4,487	25.52	4.31	$19,327
Apr 2001	182	5,068	24.68	5.34	$31,531
Mar 2001	0	2,229	24.54	5.38	$11,984
Feb 2001	0	3,141	27.75	5.77	$18,114
Jan 2001	183	2,201	27.47	8.40	$23,513
Dec 2000	0	3,017	26.88	9.12	$27,523
Nov 2000	0	2,188	32.21	5.66	$12,380
Oct 2000	0	1,088	31.23	5.15	$5,598
Sep 2000	0	1,356	31.87	5.19	$7,033
Aug 2000	0	2,649	29.64	4.54	$12,028
Jul 2000	0	4,027	28.53	4.09	$16,469
Jun 2000	0	4,040	29.30	4.40	$17,765
May 2000	181	5,776	27.26	3.68	$26,188
Apr 2000	0	1,765	24.51	3.12	$5,500
Mar 2000	0	3,270	28.42	2.86	$9,351
Feb 2000	0	3,338	27.62	2.73	$9,101
Jan 2000	0	3,774	25.27	2.48	$9,361
Dec 1999	183	5,095	24.28	2.42	$16,792
Nov 1999	0	5,288	23.19	2.43	$12,871
Oct 1999	180	5,442	20.98	2.80	$19,034
Sep 1999	0	4,383	21.75	2.62	$11,478
Aug 1999	0	4,415	19.26	2.88	$12,696
Jul 1999	180	5,919	17.89	2.37	$17,262
Jun 1999	0	3,459	15.94	2.36	$8,171
May 1999	0	4,963	15.79	2.32	$11,519
Apr 1999	180	4,463	15.10	2.21	$12,573
Mar 1999	0	5,239	12.47	1.84	$9,631
Feb 1999	0	4,584	9.98	1.82	$8,333
Jan 1999	189	5,613	10.38	1.90	$12,626
Dec 1998	0	5,837	9.20	1.77	$10,351
Nov 1998	181	5,578	10.89	2.19	$14,163
Oct 1998	0	6,044	12.42	1.97	$11,902
Sep 1998	0	3,762	12.59	2.08	$7,835
Aug 1998	181	5,558	11.30	1.91	$12,646
Jul 1998	0	7,696	11.74	2.24	$17,218
Jun 1998	0	6,477	11.24	2.24	$14,491
May 1998	185	7,967	12.62	2.21	$19,913
Apr 1998	0	7,586	13.04	2.51	$19,005
Mar 1998	362	9,055	12.80	2.31	$25,546
Feb 1998	0	8,655	13.95	2.30	$19,899
Jan 1998	0	7,843	14.70	2.15	$16,900
Dec 1997	183	1,438	16.32	2.41	$6,454
Nov 1997	0	2,933	18.19	3.09	$9,058
Oct 1997	0	1,284	19.25	3.15	$4,044
Sep 1997	0	1,491	17.74	2.95	$4,406
Aug 1997	0	3,580	17.86	2.55	$9,146
Jul 1997	0	3,475	17.58	2.25	$7,808
Jun 1997	176	2,342	17.24	2.26	$8,321
May 1997	0	3,950	18.97	2.31	$9,119
Apr 1997	0	2,940	17.88	2.08	$6,123
Mar 1997	0	4,133	18.95	1.94	$8,014
Feb 1997	0	3,413	20.49	2.21	$7,529
Jan 1997	0	3,601	23.48	3.54	$12,746
Dec 1996	179	5,189	23.32	—	$4,174
Nov 1996	0	2,203	21.97	—	$0
Oct 1996	182	2,870	23.31	—	$4,242
Sep 1996	0	3,696	22.22	—	$0
Aug 1996	186	1,838	20.26	—	$3,768
Jul 1996	0	3,279	19.55	—	$0
Jun 1996	0	4,038	18.73	—	$0
May 1996	0	4,013	19.43	—	$0
Apr 1996	0	3,632	21.51	—	$0
Mar 1996	2	2,087	19.38	—	$39
Feb 1996	0	3,816	16.98	—	$0
Jan 1996	0	2,221	17.07	—	$0
Dec 1995	182	2,951	17.19	—	$3,129
Nov 1995	0	3,388	16.00	—	$0
Oct 1995	0	4,777	15.43	—	$0
Sep 1995	183	3,625	16.18	—	$2,961
Aug 1995	0	3,720	15.92	—	$0
Jul 1995	0	5,022	15.24	—	$0
Jun 1995	0	4,617	16.41	—	$0
May 1995	190	5,621	17.56	—	$3,336
Apr 1995	0	4,372	17.73	—	$0
Mar 1995	0	6,589	16.44	—	$0
Feb 1995	181	5,710	16.58	—	$3,001
Jan 1995	185	4,391	15.92	—	$2,945
Dec 1994	0	6,025	15.03	—	$0
Nov 1994	0	4,195	15.90	—	$0
Oct 1994	1	6,301	15.58	—	$16
Sep 1994	181	4,257	15.29	—	$2,767
Aug 1994	0	7,017	16.13	—	$0
Jul 1994	176	4,421	17.56	—	$3,091
Jun 1994	0	5,935	17.09	—	$0
May 1994	182	6,099	15.88	—	$2,890
Apr 1994	0	8,760	14.14	—	$0
Mar 1994	182	9,528	12.46	—	$2,268
Feb 1994	0	6,592	12.50	—	$0
Jan 1994	182	10,045	12.66	—	$2,304
Dec 1993	43	12,607	12.33	—	$530
Nov 1993	315	1,940	14.49	—	$4,564
Oct 1993	0	3,232	15.85	—	$0
Sep 1993	0	12,792	15.03	—	$0
Aug 1993	0	0	15.66	—	$0
Jul 1993	0	651	15.46	—	$0
Jun 1993	0	0	16.79	—	$0
May 1993	0	438	17.68	—	$0
Apr 1993	0	786	18.05	—	$0
Mar 1993	0	664	18.14	—	$0
Feb 1993	0	694	17.90	—	$0
Jan 1993	0	434	16.93	—	$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.

Dec 2013 — as filed, then multipliedworked

Condensate            86 bbl  × $ 91.82 =     $7,897
Gas                1,356 Mcf  × $  4.35 =     $5,905

────────────────────────────────────────────────────
Month total                                  $13,801

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/83188 is the state's own key, not one this site invented.