SMITH, T. R.

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

Operated by SAMEDAN OIL CORPORATION (P-5 744600) in the RODESSA, NW. (DEES, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12184District 06Field 77811300OilCasinghead gasSave Export

Value, all time

$778 k

Jan 1993 – Oct 1999

Value, last 12 filed months

$49 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The RODESSA, NW. (DEES, UPPER) 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 30 leases and 104 wells, and the rule below applies to all of them.

Discovered

1982-08-20

as the register files it

Field class

Oil

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 1995-01-09.

The Commission's schedule remark for this field reads: “AMEND FLD RULES DKT 6-95951-OPTIONAL 80 ACRE UNITS W/3250'DIAGONAL”

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
Oil	Disposition	43,963 bbl	$712,608
Casinghead gas	Production	88,427 Mcf	$65,185
Total			$777,793

60,681 Mcf of this lease's gas, across 48 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 (7)

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 31.6151, -95.2604. A lease has no coordinate of its own — that point is the mean of its wells, and they span 127.1 miles, so treat it as the lease's centre and not as its location.

32.00721, -94.92854 · 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

85.7%

6 of 7 wells

With a plug date

85.7%

6 of 7 wells

Median depth

9,445 ft

7 wells filed one

Completion to plug

16.8 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

685.7%

A plug date is filed

685.7%

BothOn the schedule and plugged. Neither fact cancels the other.

685.7%

NeitherNo plug date, and not on the schedule.

114.3%

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

Between 6,025 and 11,200 ft, median 9,445 ft, over the 7 wells that filed a depth.

Completions filed

Nov 1979 – Sep 1991

4 of 7 wells; 3 filed none

Plug dates filed

May 1987 – Aug 2018

6 of 7 wells; 1 filed none

Last completion to plug: a median of 16.8 years across the 3 wells that filed both dates, with the middle half between 12.2 years and 21.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells


42-22530021	20	9,050 ft	—	Sep 2011	Yes
42-22530114	28	9,445 ft	—	May 1994	Yes
42-22530290	30	9,655 ft	—	Oct 2010	Yes
42-06730635	2	6,025 ft	Sep 1991	Aug 2018	Yes
42-06730548	1	6,207 ft	Jun 1987	—	—
42-22530587	40	11,200 ft	Sep 1985	Jun 2002	Yes
42-22530326	32	9,850 ft	Nov 1979	May 1987	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 (82)

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

82 months


Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	598	593	15.94	2.36	$10,933
May 1999	364	657	15.79	2.32	$7,272
Apr 1999	369	590	15.10	2.21	$6,875
Mar 1999	370	590	12.47	1.84	$5,699
Feb 1999	359	511	9.98	1.82	$4,512
Jan 1999	374	539	10.38	1.90	$4,906
Dec 1998	376	760	9.20	1.77	$4,807
Nov 1998	190	708	10.89	2.19	$3,617
Oct 1998	365	905	12.42	1.97	$6,315
Sep 1998	365	962	12.59	2.08	$6,599
Aug 1998	365	1,079	11.30	1.91	$6,183
Jul 1998	365	1,256	11.74	2.24	$7,095
Jun 1998	366	1,105	11.24	2.24	$6,586
May 1998	371	1,179	12.62	2.21	$7,283
Apr 1998	361	1,011	13.04	2.51	$7,240
Mar 1998	377	204	12.80	2.31	$5,297
Feb 1998	376	1,156	13.95	2.30	$7,903
Jan 1998	378	865	14.70	2.15	$7,420
Dec 1997	382	1,195	16.32	2.41	$9,116
Nov 1997	378	952	18.19	3.09	$9,816
Oct 1997	377	1,317	19.25	3.15	$11,406
Sep 1997	369	1,323	17.74	2.95	$10,455
Aug 1997	370	1,418	17.86	2.55	$10,231
Jul 1997	553	1,420	17.58	2.25	$12,912
Jun 1997	379	957	17.24	2.26	$8,694
May 1997	381	1,216	18.97	2.31	$10,035
Apr 1997	563	1,015	17.88	2.08	$12,180
Mar 1997	369	835	18.95	1.94	$8,612
Feb 1997	191	507	20.49	2.21	$5,032
Jan 1997	377	921	23.48	3.54	$12,112
Dec 1996	399	1,091	23.32	—	$9,305
Nov 1996	560	1,047	21.97	—	$12,303
Oct 1996	366	1,110	23.31	—	$8,531
Sep 1996	365	994	22.22	—	$8,110
Aug 1996	579	589	20.26	—	$11,731
Jul 1996	371	580	19.55	—	$7,253
Jun 1996	385	549	18.73	—	$7,211
May 1996	534	794	19.43	—	$10,376
Apr 1996	555	820	21.51	—	$11,938
Mar 1996	556	899	19.38	—	$10,775
Feb 1996	362	658	16.98	—	$6,147
Jan 1996	545	845	17.07	—	$9,303
Dec 1995	572	710	17.19	—	$9,833
Nov 1995	366	701	16.00	—	$5,856
Oct 1995	553	877	15.43	—	$8,533
Sep 1995	574	742	16.18	—	$9,287
Aug 1995	547	677	15.92	—	$8,708
Jul 1995	569	638	15.24	—	$8,672
Jun 1995	556	725	16.41	—	$9,124
May 1995	563	661	17.56	—	$9,886
Apr 1995	563	672	17.73	—	$9,982
Mar 1995	553	629	16.44	—	$9,091
Feb 1995	562	568	16.58	—	$9,318
Jan 1995	553	628	15.92	—	$8,804
Dec 1994	754	669	15.03	—	$11,333
Nov 1994	562	673	15.90	—	$8,936
Oct 1994	743	743	15.58	—	$11,576
Sep 1994	733	807	15.29	—	$11,208
Aug 1994	560	884	16.13	—	$9,033
Jul 1994	735	1,559	17.56	—	$12,907
Jun 1994	735	1,451	17.09	—	$12,561
May 1994	739	1,731	15.88	—	$11,735
Apr 1994	745	1,339	14.14	—	$10,534
Mar 1994	915	1,199	12.46	—	$11,401
Feb 1994	740	1,547	12.50	—	$9,250
Jan 1994	929	1,495	12.66	—	$11,761
Dec 1993	920	1,471	12.33	—	$11,344
Nov 1993	786	1,620	14.49	—	$11,389
Oct 1993	918	1,835	15.85	—	$14,550
Sep 1993	922	1,816	15.03	—	$13,858
Aug 1993	913	1,878	15.66	—	$14,298
Jul 1993	1,289	2,059	15.46	—	$19,928
Jun 1993	732	2,056	16.79	—	$12,290
May 1993	935	4,485	17.68	—	$16,531
Apr 1993	1,130	4,432	18.05	—	$20,397
Mar 1993	951	4,290	18.14	—	$17,251
Feb 1993	1,138	1,138	17.90	—	$20,370
Jan 1993	953	1,300	16.93	—	$16,134

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.

Jun 1999 — as filed, then multipliedworked

Oil                  598 bbl  × $ 15.94 =     $9,532
Casinghead gas       593 Mcf  × $  2.36 =     $1,401

────────────────────────────────────────────────────
Month total                                  $10,933

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/12184 is the state's own key, not one this site invented.