SMITH, MYRON A. -D-

Operated by OLSEN ENERGY INC. (P-5 621750) in the APCO-WARNER, W. (WICHITA ALBANY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 126948District 08Field 03284666Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$148 k
Jan 1993 – Jun 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
294
no gaps in the span
Streams
2
condensate, 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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1971-04-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/97.

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
CondensateDisposition54 bbl$4,645
GasProduction34,503 Mcf$143,760
Total$148,405

8,267 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 (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 31.0883, -102.7215. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.08830, -102.72147 · 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
4,945 ft
1 wells filed one
Completion to plug
6.5 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 4,945 ft.

Completions filed
Jul 2017
1 of 1 wells
Plug dates filed
Jan 2024
1 of 1 wells

Last completion to plug: a median of 6.5 years across the 1 well that filed both dates, with the middle half between 6.5 years and 6.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3713285324,945 ftJul 2017Jan 2024Yes

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 (294)

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

294 months

Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
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 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 201302791.824.35$118
Nov 201302988.853.74$108
Oct 201301897.423.78$68
Sep 201307104.113.72$26
Aug 2013024104.253.52$85
Jul 2013014102.523.72$52
Jun 201301294.403.93$47
May 201301494.834.15$58
Apr 201301693.964.28$69
Mar 201302993.623.91$113
Feb 201302991.233.42$99
Jan 201302791.603.42$92
Dec 201203486.773.42$116
Nov 2012525486.953.62$4,717
Oct 20120089.383.40$0
Sep 201203294.672.92$93
Aug 201203692.662.91$105
Jul 201206,07385.133.02$18,345
Jun 20120079.822.52$0
May 2012011891.612.49$294
Apr 201206101.652.00$12
Mar 2012063105.052.22$140
Feb 2012050101.102.57$129
Jan 201204898.092.73$131
Dec 201106396.873.24$204
Nov 201104595.723.31$149
Oct 201104184.983.65$150
Sep 201104283.623.99$167
Aug 2011011083.404.15$456
Jul 201105394.144.52$239
Jun 201106192.904.64$283
May 201106998.134.40$304
Apr 2011078105.964.33$338
Mar 2011015196.364.06$613
Feb 201109285.644.18$385
Jan 2011012286.504.59$560
Dec 201009685.734.35$417
Nov 201009280.843.80$349
Oct 2010012478.103.51$435
Sep 201008172.633.98$322
Aug 201006973.684.42$305
Jul 201007472.554.74$351
Jun 201008970.364.91$437
May 201005571.124.24$233
Apr 201005381.694.12$219
Mar 201004678.394.39$202
Feb 201004473.585.44$239
Jan 201005974.365.96$352
Dec 200906671.445.48$362
Nov 200905474.593.75$203
Oct 200908972.544.11$366
Sep 200908365.543.06$254
Aug 200907767.423.22$248
Jul 200907461.133.46$256
Jun 200907766.163.90$300
May 200901054.743.93$39
Apr 2009011246.773.59$402
Mar 200901942.144.06$77
Feb 200906132.814.63$283
Jan 200908035.865.37$430
Dec 2008013237.105.98$789
Nov 2008012055.496.86$823
Oct 2008013675.246.92$941
Sep 20080256101.767.88$2,017
Aug 20080440114.228.48$3,733
Jul 20080247131.0811.39$2,813
Jun 20080126131.3313.03$1,642
May 20080136123.1711.57$1,574
Apr 20080114110.3110.45$1,192
Mar 2008096101.909.66$928
Feb 2008011992.538.77$1,044
Jan 2008020290.388.21$1,658
Dec 2007020488.337.30$1,490
Nov 2007031891.677.29$2,319
Oct 2007020082.856.92$1,384
Sep 2007021875.846.24$1,361
Aug 2007017969.066.39$1,143
Jul 2007018170.906.39$1,156
Jun 2007217262.007.55$1,422
May 2007023158.747.85$1,812
Apr 2007026359.617.81$2,053
Mar 2007020656.927.30$1,504
Feb 2007029855.108.22$2,448
Jan 2007023250.306.73$1,561
Dec 2006026756.656.92$1,847
Nov 2006026054.207.62$1,981
Oct 2006035254.906.01$2,117
Sep 2006031560.085.04$1,587
Aug 2006035068.717.34$2,569
Jul 2006025769.376.34$1,630
Jun 2006023366.286.38$1,487
May 2006021666.016.42$1,388
Apr 2006026864.397.36$1,973
Mar 2006028156.707.08$1,990
Feb 2006022657.597.75$1,752
Jan 2006026860.598.93$2,394
Dec 2005033954.9413.42$4,548
Nov 2005033254.6910.59$3,515
Oct 2005035758.3413.80$4,925
Sep 2005033261.4512.08$4,010
Aug 2005029861.519.80$2,919
Jul 2005028455.697.84$2,228
Jun 2005027252.337.38$2,008
May 2005028745.226.65$1,909
Apr 2005028549.207.36$2,098
Mar 2005029850.377.15$2,132
Feb 2005026045.226.31$1,641
Jan 2005031343.166.32$1,979
Dec 2004028339.866.75$1,911
Nov 2004027645.286.33$1,747
Oct 2004027149.706.52$1,766
Sep 2004028443.245.28$1,501
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 20020025.963.16$0
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 20010018.072.41$0
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 200003831.235.15$196
Sep 200003931.875.19$202
Aug 200002829.644.54$127
Jul 200003728.534.09$151
Jun 200004429.304.40$193
May 200003527.263.68$129
Apr 200005224.513.12$162
Mar 200005128.422.86$146
Feb 200005027.622.73$136
Jan 200007625.272.48$189
Dec 199907324.282.42$177
Nov 199907423.192.43$180
Oct 199909720.982.80$272
Sep 199907821.752.62$204
Aug 199909919.262.88$285
Jul 1999011917.892.37$282
Jun 1999013615.942.36$321
May 1999013915.792.32$323
Apr 1999011615.102.21$256
Mar 1999012912.471.84$237
Feb 19990139.981.82$24
Jan 199906210.381.90$118
Dec 19980399.201.77$69
Nov 199809910.892.19$216
Oct 199809712.421.97$191
Sep 199805712.592.08$119
Aug 199809011.301.91$172
Jul 199808311.742.24$186
Jun 199806611.242.24$148
May 199806712.622.21$148
Apr 199808013.042.51$200
Mar 1998012312.802.31$284
Feb 1998013913.952.30$320
Jan 1998010014.702.15$215
Dec 199709816.322.41$236
Nov 199709718.193.09$300
Oct 1997013019.253.15$409
Sep 1997010417.742.95$307
Aug 199706917.862.55$176
Jul 199702917.582.25$65
Jun 1997013417.242.26$302
May 199707718.972.31$178
Apr 1997014017.882.08$292
Mar 1997018218.951.94$353
Feb 199709120.492.21$201
Jan 1997019923.483.54$704
Dec 1996026523.32$0
Nov 1996024121.97$0
Oct 1996015423.31$0
Sep 1996014222.22$0
Aug 1996017620.26$0
Jul 1996013619.55$0
Jun 1996015418.73$0
May 1996016619.43$0
Apr 1996015021.51$0
Mar 1996014019.38$0
Feb 1996012016.98$0
Jan 1996011317.07$0
Dec 1995017517.19$0
Nov 1995017016.00$0
Oct 1995017515.43$0
Sep 1995017016.18$0
Aug 1995018015.92$0
Jul 1995018015.24$0
Jun 1995014316.41$0
May 1995015417.56$0
Apr 1995013117.73$0
Mar 1995015216.44$0
Feb 1995014316.58$0
Jan 1995016015.92$0
Dec 1994017415.03$0
Nov 1994023315.90$0
Oct 1994015615.58$0
Sep 199405615.29$0
Aug 199407516.13$0
Jul 199407917.56$0
Jun 199403617.09$0
May 199403815.88$0
Apr 1994016014.14$0
Mar 1994018212.46$0
Feb 1994020212.50$0
Jan 1994018312.66$0
Dec 1993023712.33$0
Nov 1993020414.49$0
Oct 1993026215.85$0
Sep 1993024215.03$0
Aug 1993022715.66$0
Jul 1993022915.46$0
Jun 1993024116.79$0
May 1993018717.68$0
Apr 1993022718.05$0
Mar 1993024118.14$0
Feb 1993024217.90$0
Jan 1993026416.93$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             0 bbl  × $ 91.82 =         $0
Gas                   27 Mcf  × $  4.35 =       $118

────────────────────────────────────────────────────
Month total                                     $118

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. 08/G/126948 is the state's own key, not one this site invented.