SMITH, SEALY, -B-

Operated by SOUTHERN OPERATING, LLC (P-5 804529) in the HALLEY, SOUTH (QUEEN SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15174District 08Field 38260664Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$26 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 19 leases and 93 wells, and the rule below applies to all of them.

Discovered
1960-07-03
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 40 acres.

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: NET GOR RULE 1000 MCF

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
NGPA2none

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
OilDisposition17,587 bbl$791,969
Casinghead gasProduction90,042 Mcf$290,947
Total$1,082,916

29,068 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 (6)

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 31.7143, -103.0065. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.71426, -103.00697 · 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
50.0%
3 of 6 wells
With a plug date
50.0%
3 of 6 wells
Median depth
3,993 ft
5 wells filed one
Completion to plug
32.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
350.0%
A plug date is filed
350.0%
BothOn the schedule and plugged. Neither fact cancels the other.
350.0%
NeitherNo plug date, and not on the schedule.
350.0%

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

Between 3,450 and 10,470 ft, median 3,993 ft, over the 5 wells that filed a depth.

Completions filed
Sep 1960 – Aug 2025
5 of 6 wells; 1 filed none
Plug dates filed
Nov 1978 – Jan 2010
3 of 6 wells; 3 filed none

Last completion to plug: a median of 32.8 years across the 2 wells that filed both dates, with the middle half between 25.3 years and 40.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-4950436073,450 ftJan 2010Yes
42-49504357410,470 ftAug 2025
42-4950435853,451 ftNov 2016
42-495043618Mar 1961
42-4950435425,135 ftFeb 1961Nov 1978Yes
42-4950435963,993 ftSep 1960Aug 2008Yes

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 2026520106.413.05$5,533
Apr 202608998.932.87$255
Mar 20265314489.753.15$5,210
Feb 2026012163.503.75$454
Jan 2026555759.138.00$3,708
Dec 202508956.664.41$393
Nov 2025013558.593.93$530
Oct 202553059.383.30$3,147
Sep 20250062.743.08$0
Aug 202552063.933.01$3,324
Jul 202552066.743.32$3,470
Jun 20250066.483.13$0
May 2025532160.553.23$3,277
Apr 20250762.363.54$25
Mar 202551667.704.27$3,478
Feb 2025533870.884.34$3,922
Jan 2025532574.324.28$4,046
Dec 202404768.993.12$147
Nov 2024528369.052.20$3,773
Oct 2024517771.372.28$3,816
Sep 202402169.612.36$50
Aug 2024541075.632.06$4,105
Jul 2024494679.932.15$4,015
Jun 2024516578.082.63$4,153
May 20241037278.812.20$8,276
Apr 20245216084.451.66$4,657
Mar 20241059680.301.55$8,580
Feb 2024536576.091.78$4,149
Jan 20240073.023.30$0
Dec 202370371.262.61$4,996
Nov 2023702577.892.81$5,522
Oct 2023702785.443.09$6,064
Sep 2023863089.042.74$7,739
Aug 2023728880.522.67$6,033
Jul 20232479574.852.64$18,739
Jun 20237212468.962.26$5,245
May 20232479570.622.23$17,655
Apr 202304278.122.24$94
Mar 20230972.852.39$22
Feb 20230775.112.47$17
Jan 202304576.533.39$152
Dec 202211324976.415.73$10,061
Nov 20225744385.005.65$7,346
Oct 202216936487.185.86$16,868
Sep 2022019784.888.16$1,608
Aug 20221116294.529.13$11,058
Jul 20220177101.587.54$1,335
Jun 202200115.097.98$0
May 202203109.378.43$25
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210871.323.90$31
Nov 20210777.435.24$37
Oct 2021351679.795.71$2,884
Sep 202126069.865.35$1,816
Aug 202102566.024.22$106
Jul 202104170.783.98$163
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 202088039.982.39$3,518
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 202001149.881.98$22
Jan 202008457.252.09$176
Dec 20191289059.012.30$7,761
Nov 201908855.302.75$242
Oct 201906553.472.42$157
Sep 2019137855.052.66$7,563
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201901652.782.49$40
May 201909058.482.74$247
Apr 20191078862.632.75$6,943
Mar 201909756.803.06$297
Feb 2019948550.852.79$5,017
Jan 201908046.033.23$258
Dec 201808046.594.19$335
Nov 20189211552.934.24$5,357
Oct 201810010861.443.40$6,511
Sep 2018011359.543.11$351
Aug 20189313459.403.07$5,935
Jul 201804165.142.93$120
Jun 20181687460.183.08$10,338
May 2018015565.382.90$450
Apr 201810411763.842.90$6,979
Mar 201808761.222.79$242
Feb 2018014661.782.77$404
Jan 201813515262.874.01$9,097
Dec 201713313957.272.92$8,023
Nov 201712618655.423.12$7,563
Oct 2017019649.292.98$585
Sep 201713710047.523.09$6,819
Aug 201704745.373.00$141
Jul 201713113643.873.09$6,167
Jun 20177614642.493.09$3,680
May 201726730645.373.26$13,112
Apr 201726445947.933.21$14,128
Mar 201725423746.772.98$12,587
Feb 201737034550.452.95$19,685
Jan 201769044749.413.42$35,621
Dec 201648430748.763.72$24,743
Nov 2016412042.492.64$17,506
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016125041.442.92$5,180
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 20151055.212.96$55
Apr 201582049.822.71$4,085
Mar 20155042.892.93$214
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20141078.303.90$78
Sep 20141086.164.05$86
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 201342091.824.35$3,856
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
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 20110594.144.52$23
Jun 20110092.904.64$0
May 201101498.134.40$62
Apr 2011018105.964.33$78
Mar 20110096.364.06$0
Feb 20110485.644.18$17
Jan 20110286.504.59$9
Dec 20100585.734.35$22
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201001172.633.98$44
Aug 20105473.684.42$386
Jul 20100272.554.74$9
Jun 20100070.364.91$0
May 20100271.124.24$8
Apr 20109181.694.12$739
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201004274.365.96$250
Dec 2009125071.445.48$8,930
Nov 20090274.593.75$8
Oct 20091472.544.11$89
Sep 20090065.543.06$0
Aug 2009181667.423.22$1,265
Jul 2009123361.133.46$848
Jun 20091315666.163.90$1,468
May 200978254.743.93$4,278
Apr 20091246.773.59$54
Mar 20092142.144.06$88
Feb 20093132.814.63$103
Jan 2009734235.865.37$2,843
Dec 200883937.105.98$530
Nov 2008195555.496.86$1,432
Oct 2008737375.246.92$5,998
Sep 2008092101.767.88$725
Aug 20089987114.228.48$12,046
Jul 2008082131.0811.39$934
Jun 20080112131.3313.03$1,460
May 200882174123.1711.57$12,114
Apr 200872187110.3110.45$9,897
Mar 20080106101.909.66$1,024
Feb 20087723992.538.77$9,221
Jan 20087228890.388.21$8,871
Dec 20077326588.337.30$8,383
Nov 2007032191.677.29$2,341
Oct 20076835582.856.92$8,091
Sep 20076633775.846.24$7,110
Aug 20077225769.066.39$6,614
Jul 20077146670.906.39$8,011
Jun 20077441762.007.55$7,736
May 20079048458.747.85$9,084
Apr 2007047259.617.81$3,684
Mar 200714149456.927.30$11,633
Feb 2007045455.108.22$3,730
Jan 20077549450.306.73$7,096
Dec 20067150256.656.92$7,495
Nov 20066842454.207.62$6,915
Oct 20068946054.906.01$7,652
Sep 2006045260.085.04$2,277
Aug 20069978568.717.34$12,564
Jul 2006801,03969.376.34$12,140
Jun 20065368666.286.38$7,892
May 20065632766.016.42$5,798
Apr 2006030764.397.36$2,260
Mar 200608456.707.08$595
Feb 2006575257.597.75$3,686
Jan 20065010660.598.93$3,976
Dec 2005016754.9413.42$2,240
Nov 20054922754.6910.59$5,083
Oct 2005023258.3413.80$3,201
Sep 20054825661.4512.08$6,042
Aug 20054432361.519.80$5,871
Jul 2005034155.697.84$2,675
Jun 20052539752.337.38$4,239
May 2005939645.226.65$3,041
Apr 20052637649.207.36$4,047
Mar 20052534050.377.15$3,692
Feb 200554045.226.31$2,442
Jan 20054726443.166.32$3,698
Dec 20043722639.866.75$3,001
Nov 20045643345.286.33$5,277
Oct 20046248149.706.52$6,215
Sep 20045645843.245.28$4,841
Aug 20046846342.375.55$5,451
Jul 20045349538.286.08$5,041
Jun 20043957036.106.43$5,075
May 20043233937.486.49$3,401
Apr 20043213934.475.86$1,917
Mar 20042930734.365.53$2,694
Feb 20043029532.455.51$2,599
Jan 20044729932.036.30$3,389
Dec 20038724330.266.30$4,164
Nov 20036645028.804.60$3,969
Oct 200310550728.174.76$5,371
Sep 20038852526.314.75$4,809
Aug 20038750429.765.13$5,175
Jul 20038949929.415.17$5,198
Jun 20038749728.565.98$5,458
May 20037857826.595.97$5,526
Apr 20036362226.675.41$5,044
Mar 20038150831.146.10$5,619
Feb 20037437033.487.93$5,410
Jan 20039046730.315.58$5,335
Dec 20026648826.914.85$4,145
Nov 20028942424.664.14$3,949
Oct 200210846426.464.23$4,820
Sep 20027245627.443.64$3,633
Aug 20025948625.963.16$3,069
Jul 20026252124.583.06$3,119
Jun 20029048223.733.34$3,745
May 200211855024.663.58$4,881
Apr 200210653923.653.51$4,400
Mar 200213049922.003.10$4,408
Feb 200210048418.222.38$2,972
Jan 200211943117.172.38$3,067
Dec 200112749916.932.36$3,330
Nov 200114044318.072.41$3,595
Oct 200118945719.782.53$4,894
Sep 200110845424.262.25$3,642
Aug 200112745424.873.05$4,545
Jul 200110345623.933.20$3,923
Jun 20015343824.563.82$2,977
May 20017043325.524.31$3,651
Apr 20018042324.685.34$4,231
Mar 20018242324.545.38$4,287
Feb 20017243427.755.77$4,501
Jan 20017431827.478.40$4,704
Dec 20006732626.889.12$4,775
Nov 20005729632.215.66$3,511
Oct 20006731431.235.15$3,708
Sep 20006129931.875.19$3,495
Aug 20005830329.644.54$3,095
Jul 20005130028.534.09$2,682
Jun 20006230229.304.40$3,145
May 20005831327.263.68$2,733
Apr 2000537024.513.12$1,517
Mar 20005322628.422.86$2,153
Feb 20006927127.622.73$2,645
Jan 20004934425.272.48$2,092
Dec 19996426224.282.42$2,189
Nov 19995626523.192.43$1,944
Oct 19996025720.982.80$1,979
Sep 19996627021.752.62$2,143
Aug 19995129719.262.88$1,836
Jul 19995928417.892.37$1,729
Jun 19995827715.942.36$1,579
May 19996527515.792.32$1,665
Apr 19995228015.102.21$1,403
Mar 19997428212.471.84$1,441
Feb 1999502649.981.82$979
Jan 19997335210.381.90$1,427
Dec 1998633369.201.77$1,175
Nov 19986634110.892.19$1,464
Oct 19985335512.421.97$1,357
Sep 19983735312.592.08$1,201
Aug 19985435011.301.91$1,278
Jul 19983037711.742.24$1,196
Jun 19983038611.242.24$1,201
May 19983238212.622.21$1,247
Apr 19982435513.042.51$1,202
Mar 19982738312.802.31$1,230
Feb 19982833513.952.30$1,161
Jan 19982937414.702.15$1,232
Dec 19972132016.322.41$1,114
Nov 19972536618.193.09$1,585
Oct 19973138119.253.15$1,797
Sep 19972837017.742.95$1,590
Aug 19972839117.862.55$1,499
Jul 19973339517.582.25$1,468
Jun 19972639117.242.26$1,331
May 19972937418.972.31$1,414
Apr 19972839017.882.08$1,313
Mar 19972539918.951.94$1,247
Feb 19971336520.492.21$1,072
Jan 19974235223.483.54$2,232
Dec 19964540923.32$1,049
Nov 19963341521.97$725
Oct 19962843223.31$653
Sep 19963047822.22$667
Aug 19962955020.26$588
Jul 19963055319.55$587
Jun 19962547018.73$468
May 19962546219.43$486
Apr 19962645521.51$559
Mar 19962647919.38$504
Feb 19963147516.98$526
Jan 19962949617.07$495
Dec 19952850517.19$481
Nov 19952866816.00$448
Oct 19952973615.43$447
Sep 19952764416.18$437
Aug 19952673215.92$414
Jul 19953069215.24$457
Jun 19952465616.41$394
May 19952770817.56$474
Apr 19952468817.73$426
Mar 19952972116.44$477
Feb 19952966616.58$481
Jan 19952569115.92$398
Dec 19943369515.03$496
Nov 19942666615.90$413
Oct 19942672615.58$405
Sep 19942658715.29$398
Aug 19942975816.13$468
Jul 19942873417.56$492
Jun 19942575717.09$427
May 19942875515.88$445
Apr 19942766714.14$382
Mar 19942871912.46$349
Feb 19942359312.50$288
Jan 19942765612.66$342
Dec 19932769712.33$333
Nov 19932554014.49$362
Oct 19932552415.85$396
Sep 19932873415.03$421
Aug 19934958415.66$767
Jul 19935859015.46$897
Jun 19935057316.79$840
May 19935959417.68$1,043
Apr 19935657918.05$1,011
Mar 19935652018.14$1,016
Feb 19935449917.90$967
Jan 19936554016.93$1,100

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
Oil                   52 bbl  × $106.41 =     $5,533
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $5,533

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/O/15174 is the state's own key, not one this site invented.