SMITH, PAUL

Operated by PERIMETER RESOURCE COMPANY (P-5 653651) in the KEN REGAN (DELAWARE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32549District 08Field 48754500OilCasinghead gasSaveExport
Value, all time
$1.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 80 leases and 177 wells, and the rule below applies to all of them.

Discovered
1954-07-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: MULTIPLE 49B ALLOW. 80 AC + 10% TOL.

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
OilDisposition42,418 bbl$1,554,438
Casinghead gasProduction21,940 Mcf$6,008
Total$1,560,446

19,370 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 (5)

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 31.7270, -103.8180. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.72715, -103.81879 · 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%
5 of 5 wells
With a plug date
100.0%
5 of 5 wells
Median depth
3,780 ft
5 wells filed one
Completion to plug
32.4 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
5100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
5100.0%
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

Between 3,737 and 5,360 ft, median 3,780 ft, over the 5 wells that filed a depth.

Completions filed
Aug 1989 – Jun 1993
5 of 5 wells
Plug dates filed
Mar 1993 – Dec 2025
5 of 5 wells

Last completion to plug: a median of 32.4 years across the 5 wells that filed both dates, with the middle half between 28.7 years and 36.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-3893189923,745 ftJun 1993Feb 2022Yes
42-3893190955,360 ftOct 1989Mar 1993Yes
42-3893190845,300 ftOct 1989Dec 2025Yes
42-3893189813,737 ftAug 1989Nov 2025Yes
42-3893190033,780 ftAug 1989Jan 2022Yes

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024159080.301.55$12,768
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023172078.122.24$13,437
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022165084.888.16$14,005
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20221910115.097.98$21,982
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20221820108.885.08$19,816
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021183069.493.38$12,717
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 2020176037.091.99$6,528
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020177030.341.86$5,370
Feb 20200049.881.98$0
Jan 2020203057.252.09$11,622
Dec 20190059.012.30$0
Nov 2019178055.302.75$9,843
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019198058.482.74$11,579
Apr 2019193062.632.75$12,088
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018184059.403.07$10,930
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018187065.382.90$12,226
Apr 2018172063.842.90$10,980
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20173055.423.12$166
Oct 2017192049.292.98$9,464
Sep 201724047.523.09$1,140
Aug 20175045.373.00$227
Jul 2017222043.873.09$9,739
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 2016193048.763.72$9,411
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 2016193042.521.99$8,206
Apr 20161036.561.99$37
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 2016197027.352.36$5,388
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015181043.552.43$7,883
Sep 201515042.992.76$645
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 2015168043.433.10$7,296
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 2014166095.944.81$15,926
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013171088.853.74$15,193
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 2013163094.834.15$15,457
Apr 20130093.964.28$0
Mar 2013196093.623.91$18,350
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012188086.953.62$16,347
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012397092.662.91$36,786
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20123350105.052.22$35,192
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011138095.723.31$13,209
Oct 2011163084.983.65$13,852
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011123098.134.40$12,070
Apr 20111630105.964.33$17,271
Mar 2011165096.364.06$15,899
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010170085.734.35$14,574
Nov 20100080.843.80$0
Oct 2010167078.103.51$13,043
Sep 20100072.633.98$0
Aug 2010162073.684.42$11,936
Jul 20100072.554.74$0
Jun 2010192070.364.91$13,509
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010183078.394.39$14,345
Feb 20100073.585.44$0
Jan 2010164074.365.96$12,195
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009171066.163.90$11,313
May 2009162054.743.93$8,868
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 2009151032.814.63$4,954
Jan 20090035.865.37$0
Dec 2008165037.105.98$6,122
Nov 20080055.496.86$0
Oct 2008133075.246.92$10,007
Sep 200800101.767.88$0
Aug 20081650114.228.48$18,846
Jul 20081610131.0811.39$21,104
Jun 200800131.3313.03$0
May 20081640123.1711.57$20,200
Apr 200800110.3110.45$0
Mar 20081670101.909.66$17,017
Feb 2008169092.538.77$15,638
Jan 20080090.388.21$0
Dec 2007169088.337.30$14,928
Nov 20070091.677.29$0
Oct 2007165082.856.92$13,670
Sep 20070075.846.24$0
Aug 2007170069.066.39$11,740
Jul 2007165070.906.39$11,699
Jun 20070062.007.55$0
May 2007173058.747.85$10,162
Apr 2007181059.617.81$10,789
Mar 20070056.927.30$0
Feb 2007173055.108.22$9,532
Jan 2007168050.306.73$8,450
Dec 20060056.656.92$0
Nov 2006186054.207.62$10,081
Oct 2006181054.906.01$9,937
Sep 20060060.085.04$0
Aug 2006169068.717.34$11,612
Jul 20060069.376.34$0
Jun 2006170066.286.38$11,268
May 2006179066.016.42$11,816
Apr 2006188064.397.36$12,105
Mar 2006162056.707.08$9,185
Feb 2006188057.597.75$10,827
Jan 2006200060.598.93$12,118
Dec 20050054.9413.42$0
Nov 2005172054.6910.59$9,407
Oct 20050058.3413.80$0
Sep 2005172061.4512.08$10,569
Aug 2005164061.519.80$10,088
Jul 2005197055.697.84$10,971
Jun 2005163052.337.38$8,530
May 2005185045.226.65$8,366
Apr 2005162049.207.36$7,970
Mar 2005162050.377.15$8,160
Feb 2005190045.226.31$8,592
Jan 2005196043.166.32$8,459
Dec 2004163039.866.75$6,497
Nov 2004197045.286.33$8,920
Oct 2004162049.706.52$8,051
Sep 2004176043.245.28$7,610
Aug 2004166042.375.55$7,033
Jul 2004198038.286.08$7,579
Jun 2004196036.106.43$7,076
May 2004160037.486.49$5,997
Apr 2004196034.475.86$6,756
Mar 2004192034.365.53$6,597
Feb 2004188032.455.51$6,101
Jan 2004199032.036.30$6,374
Dec 2003170030.266.30$5,144
Nov 2003149028.804.60$4,291
Oct 2003173028.174.76$4,873
Sep 2003357026.314.75$9,393
Aug 20030029.765.13$0
Jul 2003367029.415.17$10,793
Jun 2003177028.565.98$5,055
May 2003175026.595.97$4,653
Apr 2003362026.675.41$9,655
Mar 2003360031.146.10$11,210
Feb 2003174033.487.93$5,826
Jan 2003179030.315.58$5,425
Dec 2002178026.914.85$4,790
Nov 20020024.664.14$0
Oct 2002179026.464.23$4,736
Sep 2002172027.443.64$4,720
Aug 20020025.963.16$0
Jul 2002176024.583.06$4,326
Jun 20020023.733.34$0
May 2002358024.663.58$8,828
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 2002171018.222.38$3,116
Jan 2002172017.172.38$2,953
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 2001180019.782.53$3,560
Sep 20010024.262.25$0
Aug 2001171024.873.05$4,253
Jul 2001176023.933.20$4,212
Jun 20010024.563.82$0
May 2001183025.524.31$4,670
Apr 20010024.685.34$0
Mar 2001182024.545.38$4,466
Feb 20010027.755.77$0
Jan 2001167027.478.40$4,587
Dec 2000188026.889.12$5,053
Nov 2000184032.215.66$5,927
Oct 20000031.235.15$0
Sep 2000182031.875.19$5,800
Aug 2000184029.644.54$5,454
Jul 2000164028.534.09$4,679
Jun 20000029.304.40$0
May 2000183027.263.68$4,989
Apr 20000024.513.12$0
Mar 2000162028.422.86$4,604
Feb 2000189027.622.73$5,220
Jan 2000191025.272.48$4,827
Dec 1999157024.282.42$3,812
Nov 19990023.192.43$0
Oct 1999151020.982.80$3,168
Sep 1999143021.752.62$3,110
Aug 1999147019.262.88$2,831
Jul 1999179017.892.37$3,202
Jun 19991874215.942.36$3,080
May 19991821615.792.32$2,911
Apr 19991843015.102.21$2,845
Mar 19991863812.471.84$2,389
Feb 19990439.981.82$78
Jan 19991653910.381.90$1,787
Dec 1998173909.201.77$1,751
Nov 19981828410.892.19$2,166
Oct 19981884912.421.97$2,431
Sep 19981851812.592.08$2,367
Aug 19981866611.301.91$2,228
Jul 199818012911.742.24$2,402
Jun 19981779311.242.24$2,198
May 199803512.622.21$77
Apr 19981574013.042.51$2,147
Mar 19981692212.802.31$2,214
Feb 19981784613.952.30$2,589
Jan 19981704614.702.15$2,598
Dec 19971806816.322.41$3,102
Nov 19973527018.193.09$6,619
Oct 1997015319.253.15$482
Sep 199717311017.742.95$3,394
Aug 199717516817.862.55$3,555
Jul 199718117717.582.25$3,580
Jun 199717613017.242.26$3,328
May 199718318018.972.31$3,887
Apr 1997021817.882.08$454
Mar 199716415618.951.94$3,410
Feb 199717714020.492.21$3,936
Jan 19971817423.483.54$4,512
Dec 199616623423.32$3,871
Nov 199617622921.97$3,867
Oct 199618238723.31$4,242
Sep 199618215422.22$4,044
Aug 199617611120.26$3,566
Jul 199617418819.55$3,402
Jun 199634416018.73$6,443
May 199618014719.43$3,497
Apr 199617421821.51$3,743
Mar 19961805019.38$3,488
Feb 19961783916.98$3,022
Jan 199618011217.07$3,073
Dec 199518013217.19$3,094
Nov 199516516116.00$2,640
Oct 199537817315.43$5,833
Sep 199519040616.18$3,074
Aug 199518250415.92$2,897
Jul 19951812515.24$2,758
Jun 19951808216.41$2,954
May 199531334017.56$5,496
Apr 199518045417.73$3,191
Mar 199535738616.44$5,869
Feb 199518040116.58$2,984
Jan 199535647615.92$5,668
Dec 199417844315.03$2,675
Nov 199434443115.90$5,470
Oct 199417554115.58$2,727
Sep 199434954115.29$5,336
Aug 199434856416.13$5,613
Jul 199435584217.56$6,234
Jun 199417463917.09$2,974
May 199451295115.88$8,131
Apr 199435573814.14$5,020
Mar 199434043812.46$4,236
Feb 199417758212.50$2,213
Jan 199434754712.66$4,393
Dec 199342965812.33$5,290
Nov 199334124114.49$4,941
Oct 199333547715.85$5,310
Sep 199348145815.03$7,229
Aug 199351264315.66$8,018
Jul 199335556215.46$5,488
Jun 199353056416.79$8,899
May 199335563417.68$6,276
Apr 199349767618.05$8,971
Mar 199353478818.14$9,687
Feb 199353048417.90$9,487
Jan 199335735916.93$6,044

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.

Mar 2024 — as filed, then multipliedworked
Oil                  159 bbl  × $ 80.30 =    $12,768
Casinghead gas         0 Mcf  × $  1.55 =         $0

────────────────────────────────────────────────────
Month total                                  $12,768

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/32549 is the state's own key, not one this site invented.