BLOCKER-KEY

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

Oil lease lease 14238District 06Field 07527713OilCasinghead gasSaveExport
Value, all time
$2.9 M
Aug 2003 – Jul 2008
Value, last 12 filed months
$431 k
at the published price for each month
Months reported
60
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 23 leases and 38 wells, and the rule below applies to all of them.

Discovered
1959-01-27
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 1987-12-01.

The Commission's schedule remark for this field reads: TRANSFERRED TO BETHANY (TRAVIS PEAK CONS.)

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
OilDisposition24,379 bbl$1,226,445
Casinghead gasProduction231,970 Mcf$1,647,953
Total$2,874,398

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 32.4689, -94.3042. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.46885, -94.30420 · 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
0.0%
0 of 1 wells
Median depth
7,102 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
1100.0%
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.
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 7,102 ft.

Completions filed
Aug 2003
1 of 1 wells

1 well

42-2033276717,102 ftAug 2003Yes

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 (60)

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

60 months

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 20085973,73192.538.77$87,963
Jan 20083334,04690.388.21$63,297
Dec 20073364,11188.337.30$59,697
Nov 20071873,89491.677.29$45,536
Oct 20073524,08582.856.92$57,439
Sep 20073554,21375.846.24$53,230
Aug 20075084,43369.066.39$63,400
Jul 20071812,45170.906.39$28,490
Jun 20071924,18762.007.55$43,509
May 20075033,84758.747.85$59,731
Apr 20073514,08359.617.81$52,792
Mar 20076924,09656.927.30$69,298
Feb 200704,17655.108.22$34,310
Jan 20073494,42850.306.73$47,341
Dec 20063544,60656.656.92$51,920
Nov 20065234,42854.207.62$62,077
Oct 20063484,57554.906.01$46,618
Sep 20063323,17260.085.04$35,925
Aug 20063573,13868.717.34$47,562
Jul 20063564,62569.376.34$54,031
Jun 20065384,43966.286.38$63,997
May 20063374,74966.016.42$52,758
Apr 20063524,89664.397.36$58,702
Mar 20063625,34256.707.08$58,362
Feb 20063504,26457.597.75$53,207
Jan 20063414,33860.598.93$59,414
Dec 20055223,88754.9413.42$80,824
Nov 20051714,24554.6910.59$54,300
Oct 20053684,22258.3413.80$79,715
Sep 20053553,93561.4512.08$69,346
Aug 20053353,33461.519.80$53,269
Jul 20053563,87155.697.84$50,188
Jun 20054905,28152.337.38$64,621
May 20055274,17545.226.65$51,600
Apr 20053443,84349.207.36$45,211
Mar 20053484,62950.377.15$50,649
Feb 20053444,21045.226.31$42,129
Jan 20053533,98443.166.32$40,423
Dec 20043403,08739.866.75$34,393
Nov 20043463,20545.286.33$35,956
Oct 20045183,92749.706.52$51,329
Sep 20045293,72443.245.28$42,551
Aug 20044934,43242.375.55$45,489
Jul 20045224,26738.286.08$45,943
Jun 20045254,23636.106.43$46,203
May 20045224,21837.486.49$46,959
Apr 20045334,46634.475.86$44,536
Mar 20046534,88234.365.53$49,435
Feb 20045275,20132.455.51$45,757
Jan 20047035,88932.036.30$59,616
Dec 20038445,03630.266.30$57,275
Nov 20038934,36328.804.60$45,767
Oct 20036694,17728.174.76$38,727
Sep 20031,2495,74326.314.75$60,137
Aug 20035143,14829.765.13$31,445

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.

Feb 2008 — as filed, then multipliedworked
Oil                  597 bbl  × $ 92.53 =    $55,240
Casinghead gas     3,731 Mcf  × $  8.77 =    $32,723

────────────────────────────────────────────────────
Month total                                  $87,963

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/14238 is the state's own key, not one this site invented.