SMARTY JONES 42 STATE UNIT

Operated by COTERRA ENERGY OPERATING CO. (P-5 103285) in the FORD, WEST (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 278969District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.1 M
Nov 2015 – May 2026
Value, last 12 filed months
$681 k
at the published price for each month
Months reported
127
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 1,466 leases and 1,484 wells, and the rule below applies to all of them.

Discovered
2010-11-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-06-05.

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: DOCKET SAYS PRO PLAT NOT REQUIRED NOT LEASE PLAT NOT REQ

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112017-02-23219249
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition296,173 bbl$13,769,832
GasProduction3,473,711 Mcf$10,344,881
Total$24,114,713

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 31.7597, -104.2047. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75973, -104.20471 · 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
8,731 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 8,731 ft.

Completions filed
Nov 2015
1 of 1 wells

1 well

42-109328081H8,731 ftNov 2015

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 (127)

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

127 months

May 202622411,190106.413.05$57,919
Apr 20261242,96298.932.87$20,767
Mar 202637910,40689.753.15$66,788
Feb 202635912,54263.503.75$69,833
Jan 20263307,49559.138.00$79,457
Dec 202536911,64556.664.41$72,301
Nov 20253326,50158.593.93$44,978
Oct 202539610,73959.383.30$59,005
Sep 202541012,07662.743.08$62,880
Aug 20252118,12063.933.01$37,969
Jul 20253508,16366.743.32$50,421
Jun 202531612,16866.483.13$59,078
May 20252636,79460.553.23$37,885
Apr 202542210,84262.363.54$64,730
Mar 202538410,43667.704.27$70,541
Feb 202534710,44970.884.34$69,953
Jan 202544611,18274.324.28$80,991
Dec 202439810,88168.993.12$61,422
Nov 202444310,46769.052.20$53,600
Oct 202446012,24771.372.28$60,771
Sep 20243198,75569.612.36$42,906
Aug 202447412,77175.632.06$62,203
Jul 202439311,00479.932.15$55,034
Jun 202443911,71078.082.63$65,121
May 202443813,07178.812.20$63,255
Apr 202430010,83084.451.66$43,304
Mar 202426511,46980.301.55$39,001
Feb 202441411,78476.091.78$52,520
Jan 202450012,10373.023.30$76,422
Dec 202328814,25471.262.61$57,736
Nov 2023194077.892.81$15,111
Oct 20233057,87785.443.09$50,378
Sep 20233188,04789.042.74$50,324
Aug 20231638,84280.522.67$36,758
Jul 202328713,75074.852.64$57,807
Jun 20231746,83968.962.26$27,445
May 202325613,10670.622.23$47,271
Apr 202334611,69178.122.24$53,191
Mar 202339311,03572.852.39$55,039
Feb 202347010,19175.112.47$60,429
Jan 202354214,81776.533.39$91,675
Dec 202226311,27376.415.73$84,680
Nov 202230311,57985.005.65$91,132
Oct 202236816,87287.185.86$131,016
Sep 202237617,04284.888.16$171,040
Aug 20223094.529.13$284
Jul 2022231,059101.587.54$10,323
Jun 20221423,712115.097.98$45,954
May 202234313,461109.378.43$151,031
Apr 202238511,058104.226.84$115,735
Mar 202235510,660108.885.08$92,767
Feb 202245310,92191.054.86$94,309
Jan 202247612,63581.844.54$96,289
Dec 202157213,53171.323.90$93,554
Nov 202157513,49377.435.24$115,183
Oct 202167014,27379.795.71$135,013
Sep 202158113,47869.865.35$112,708
Aug 202167015,13766.024.22$108,120
Jul 202164815,24170.783.98$106,556
Jun 202173215,08769.493.38$101,870
May 202156816,28063.483.02$85,184
Apr 202166716,00960.362.76$84,420
Mar 202164116,18261.302.72$83,259
Feb 202150811,83657.805.55$95,028
Jan 202173316,51750.412.81$83,368
Dec 202092416,47444.642.68$85,323
Nov 202093516,43838.772.71$80,741
Oct 20201,00917,63536.972.48$81,010
Sep 202090517,18237.091.99$67,777
Aug 202089116,20739.982.39$74,278
Jul 202083617,21138.371.83$63,489
Jun 202095618,60334.901.69$64,809
May 20201,24122,98316.921.81$62,706
Apr 20201,2608,40714.751.80$33,754
Mar 20201,27723,96630.341.86$83,231
Feb 20201,25522,08849.881.98$106,348
Jan 20201,34524,12257.252.09$127,531
Dec 20191,43324,33359.012.30$140,633
Nov 20191,33724,37955.302.75$140,995
Oct 20191,54125,68753.472.42$144,522
Sep 20191,52825,13055.052.66$150,894
Aug 20191,45726,82053.112.30$139,184
Jul 20191,41226,14456.272.46$143,769
Jun 20191,37525,79652.782.49$136,836
May 20191,54326,40158.482.74$162,582
Apr 20191,65826,91662.632.75$177,878
Mar 20191,88928,69156.803.06$195,150
Feb 20191,56424,48650.852.79$147,900
Jan 20191,77629,96046.033.23$178,466
Dec 20181,91028,18546.594.19$206,954
Nov 20182,11527,86052.934.24$229,996
Oct 20182,36530,23661.443.40$248,050
Sep 20182,19728,19959.543.11$218,452
Aug 20182,50730,05459.403.07$241,078
Jul 20182,51333,52565.142.93$261,988
Jun 20182,97134,50460.183.08$284,961
May 20182,65234,12065.382.90$272,363
Apr 20182,90039,01663.842.90$298,314
Mar 20183,07037,14061.222.79$291,449
Feb 20183,16533,56361.782.77$288,373
Jan 20183,63637,81462.874.01$380,204
Dec 20174,11244,03957.272.92$364,155
Nov 20174,66253,96355.423.12$426,644
Oct 20175,60177,58949.292.98$507,574
Sep 20173,28145,06747.523.09$295,048
Aug 20174,34852,41045.373.00$354,729
Jul 20174,57057,20043.873.09$377,078
Jun 20174,89058,45542.493.09$388,243
May 20175,77962,84845.373.26$467,291
Apr 20175,77367,38247.933.21$493,104
Mar 20175,08051,79346.772.98$392,125
Feb 20175,82160,65050.452.95$472,745
Jan 20177,36874,65249.413.42$619,273
Dec 20167,82878,19248.763.72$672,789
Nov 20167,74379,24742.492.64$538,557
Oct 20168,97892,16946.193.09$699,520
Sep 20168,96180,94641.553.10$623,313
Aug 201611,81190,61441.442.92$754,434
Jul 20169,30486,06141.622.92$638,904
Jun 201610,28280,73445.352.69$683,127
May 201613,10092,38142.521.99$740,946
Apr 201611,24881,98236.561.99$574,456
Mar 201613,16683,30933.011.79$584,067
Feb 201613,85189,67726.472.06$551,696
Jan 201615,37292,94427.352.36$640,177
Dec 201512,51674,78132.362.00$554,685
Nov 20152,08415,76438.792.17$115,004

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.

May 2026 — as filed, then multipliedworked
Condensate           224 bbl  × $106.41 =    $23,836
Gas               11,190 Mcf  × $  3.05 =    $34,083

────────────────────────────────────────────────────
Month total                                  $57,919

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/278969 is the state's own key, not one this site invented.