SMITH

Operated by BUCCANEER OPERATING LLC (P-5 105157) in the PINE MILLS,W.(SECOND SUBCLARKVL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10868District 06Field 71621500OilCasinghead gasSaveExport
Value, all time
$1.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$83 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 leases and 6 wells, and the rule below applies to all of them.

Discovered
1982-10-14
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: 20 ACRE OPTIONAL UNITS WITH 1500' DIAG

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
OilDisposition36,115 bbl$1,677,013
Casinghead gasProduction3,225 Mcf$2,171
Total$1,679,185

2,300 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 32.7274, -95.2486. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.72739, -95.24865 · 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
5,564 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 5,564 ft.

Completions filed
Oct 1982
1 of 1 wells

1 well

42-4993110415,564 ftOct 1982

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 (401)

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

401 months

May 202600106.413.05$0
Apr 2026160098.932.87$15,829
Mar 20260089.753.15$0
Feb 2026150063.503.75$9,525
Jan 2026160059.138.00$9,461
Dec 2025161056.664.41$9,122
Nov 2025147058.593.93$8,613
Oct 20250059.383.30$0
Sep 2025157062.743.08$9,850
Aug 2025157063.933.01$10,037
Jul 2025159066.743.32$10,612
Jun 20250066.483.13$0
May 2025150060.553.23$9,083
Apr 2025105062.363.54$6,548
Mar 2025149067.704.27$10,087
Feb 2025142070.884.34$10,065
Jan 2025146074.324.28$10,851
Dec 2024138068.993.12$9,521
Nov 2024149069.052.20$10,288
Oct 2024151071.372.28$10,777
Sep 2024148069.612.36$10,302
Aug 2024293075.632.06$22,160
Jul 20240079.932.15$0
Jun 2024155078.082.63$12,102
May 2024146078.812.20$11,506
Apr 2024152084.451.66$12,836
Mar 2024147080.301.55$11,804
Feb 2024161076.091.78$12,250
Jan 2024152073.023.30$11,099
Dec 20230071.262.61$0
Nov 2023150077.892.81$11,684
Oct 2023154085.443.09$13,158
Sep 2023155089.042.74$13,801
Aug 2023148080.522.67$11,917
Jul 20230074.852.64$0
Jun 2023307068.962.26$21,171
May 2023157070.622.23$11,087
Apr 20230078.122.24$0
Mar 2023285072.852.39$20,762
Feb 2023149075.112.47$11,191
Jan 2023149076.533.39$11,403
Dec 2022139076.415.73$10,621
Nov 2022153085.005.65$13,005
Oct 2022146087.185.86$12,728
Sep 2022151084.888.16$12,817
Aug 2022299094.529.13$28,261
Jul 20221530101.587.54$15,542
Jun 20221500115.097.98$17,264
May 20221590109.378.43$17,390
Apr 20223110104.226.84$32,412
Mar 20221460108.885.08$15,896
Feb 2022139091.054.86$12,656
Jan 2022284081.844.54$23,243
Dec 2021144071.323.90$10,270
Nov 2021281077.435.24$21,758
Oct 20210079.795.71$0
Sep 2021307069.865.35$21,447
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021151060.362.76$9,114
Mar 2021155061.302.72$9,502
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020123038.772.71$4,769
Oct 20200036.972.48$0
Sep 2020290037.091.99$10,756
Aug 2020152039.982.39$6,077
Jul 2020157038.371.83$6,024
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020142014.751.80$2,095
Mar 2020291030.341.86$8,829
Feb 2020172049.881.98$8,579
Jan 2020141057.252.09$8,072
Dec 20190059.012.30$0
Nov 2019289055.302.75$15,982
Oct 2019144053.472.42$7,700
Sep 20190055.052.66$0
Aug 2019126053.112.30$6,692
Jul 2019216056.272.46$12,154
Jun 2019155052.782.49$8,181
May 2019304058.482.74$17,778
Apr 2019153062.632.75$9,582
Mar 2019152056.803.06$8,634
Feb 2019151050.852.79$7,678
Jan 2019150046.033.23$6,905
Dec 2018156046.594.19$7,268
Nov 2018161052.934.24$8,522
Oct 2018309061.443.40$18,985
Sep 2018153059.543.11$9,110
Aug 2018145059.403.07$8,613
Jul 2018307065.142.93$19,998
Jun 2018156060.183.08$9,388
May 2018152065.382.90$9,938
Apr 2018288063.842.90$18,386
Mar 2018150061.222.79$9,183
Feb 2018302061.782.77$18,658
Jan 2018148062.874.01$9,305
Dec 2017142057.272.92$8,132
Nov 2017148055.423.12$8,202
Oct 2017306049.292.98$15,083
Sep 2017305047.523.09$14,494
Aug 2017160045.373.00$7,259
Jul 2017148043.873.09$6,493
Jun 2017303042.493.09$12,874
May 2017151045.373.26$6,851
Apr 20170047.933.21$0
Mar 2017161046.772.98$7,530
Feb 2017149050.452.95$7,517
Jan 20170049.413.42$0
Dec 2016296048.763.72$14,433
Nov 2016157042.492.64$6,671
Oct 2016155046.193.09$7,159
Sep 2016310041.553.10$12,881
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016150033.011.79$4,952
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015153032.362.00$4,951
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015155042.992.76$6,663
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015154056.152.88$8,647
May 20150055.212.96$0
Apr 2015133049.822.71$6,626
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014141054.693.59$7,711
Nov 20140070.464.25$0
Oct 201486078.303.90$6,734
Sep 201486086.164.05$7,410
Aug 2014154089.394.04$13,766
Jul 201480096.564.18$7,725
Jun 201479098.164.74$7,755
May 201438094.734.73$3,600
Apr 2014143095.944.81$13,719
Mar 2014218095.895.06$20,904
Feb 2014159097.406.19$15,487
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 201348088.853.74$4,265
Oct 2013283097.423.78$27,570
Sep 201300104.113.72$0
Aug 20131490104.253.52$15,533
Jul 20131440102.523.72$14,763
Jun 20130094.403.93$0
May 2013157094.834.15$14,888
Apr 2013164093.964.28$15,409
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012163086.773.42$14,144
Nov 2012169086.953.62$14,695
Oct 2012158089.383.40$14,122
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 2012152085.133.02$12,940
Jun 2012146079.822.52$11,654
May 20120091.612.49$0
Apr 20121590101.652.00$16,162
Mar 20121560105.052.22$16,388
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
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 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20022025.963.16$52
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 2001141018.072.41$2,548
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 200001028.422.86$29
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 199903023.192.43$73
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 199904519.262.88$129
Jul 19990017.892.37$0
Jun 19991144515.942.36$1,923
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19991432012.471.84$1,820
Feb 1999287209.981.82$2,901
Jan 19991573010.381.90$1,687
Dec 1998287309.201.77$2,694
Nov 19982823010.892.19$3,137
Oct 19982993012.421.97$3,773
Sep 19981583012.592.08$2,052
Aug 19983133011.301.91$3,594
Jul 19983123011.742.24$3,730
Jun 19981583011.242.24$1,843
May 19982243012.622.21$2,893
Apr 19981613013.042.51$2,175
Mar 19983213012.802.31$4,178
Feb 19981613013.952.30$2,315
Jan 19983303014.702.15$4,916
Dec 19971723016.322.41$2,879
Nov 19971641518.193.09$3,029
Oct 199701019.253.15$32
Sep 19971593017.742.95$2,909
Aug 19971663017.862.55$3,041
Jul 19973103017.582.25$5,517
Jun 19971743017.242.26$3,067
May 19973343018.972.31$6,405
Apr 19973213017.882.08$5,802
Mar 19971793018.951.94$3,450
Feb 19973315020.492.21$6,892
Jan 199705023.483.54$177
Dec 199605023.32$0
Nov 19961815021.97$3,977
Oct 19962905023.31$6,760
Sep 19961245022.22$2,755
Aug 19961505020.26$3,039
Jul 19961575019.55$3,069
Jun 199605018.73$0
May 19961585019.43$3,070
Apr 19961575021.51$3,377
Mar 19961675019.38$3,236
Feb 19961605016.98$2,717
Jan 19961585017.07$2,697
Dec 19951495017.19$2,561
Nov 19950016.00$0
Oct 19953295015.43$5,076
Sep 19951585016.18$2,556
Aug 19951635015.92$2,595
Jul 1995141015.24$2,149
Jun 19953125016.41$5,120
May 19951605017.56$2,810
Apr 19951585017.73$2,801
Mar 19951615016.44$2,647
Feb 19951625016.58$2,686
Jan 19953325015.92$5,285
Dec 19941605015.03$2,405
Nov 19941605015.90$2,544
Oct 19941665015.58$2,586
Sep 19943205015.29$4,893
Aug 19941735016.13$2,790
Jul 199405017.56$0
Jun 199405017.09$0
May 19941755015.88$2,779
Apr 19943535014.14$4,991
Mar 199405012.46$0
Feb 19941645012.50$2,050
Jan 19943305012.66$4,178
Dec 19933375012.33$4,155
Nov 19931655014.49$2,391
Oct 19931685015.85$2,663
Sep 19933555015.03$5,336
Aug 19933395015.66$5,309
Jul 19931655015.46$2,551
Jun 19931615016.79$2,703
May 19931675017.68$2,953
Apr 19934205018.05$7,581
Mar 19931675018.14$3,029
Feb 19931605017.90$2,864
Jan 19931635016.93$2,760

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.

Apr 2026 — as filed, then multipliedworked
Oil                  160 bbl  × $ 98.93 =    $15,829
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $15,829

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/O/10868 is the state's own key, not one this site invented.