SMITH-WALTON UNIT

Operated by GRUY PETROLEUM MANAGEMENT CO. (P-5 337106) in the KEYSTONE (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 35244District 08Field 49129594Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$424 k
Jul 1996 – Apr 2002
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
70
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 65 leases and 165 wells, and the rule below applies to all of them.

Discovered
1960-07-05
as the register files it
Field class
Oil
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 field rule took effect on 1994-10-31.

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: 4. ALLOCATION BASED ON 100% ACREAGE.

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
OilDisposition17,368 bbl$338,779
Casinghead gasProduction31,126 Mcf$85,342
Total$424,121

2,350 Mcf of this lease's gas, across 2 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 31.9513, -102.9997. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
5,503 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 5,503 ft.

Completions filed
Jun 2002
1 of 1 wells

1 well

42-4953254415,503 ftJun 2002Yes

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 (70)

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

70 months

Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 200121196716.932.36$5,859
Nov 200116936518.072.41$3,932
Oct 200117536719.782.53$4,390
Sep 2001027024.262.25$608
Aug 200117432324.873.05$5,314
Jul 200117034623.933.20$5,174
Jun 200117239624.563.82$5,739
May 2001045825.524.31$1,973
Apr 200117638024.685.34$6,371
Mar 200117738924.545.38$6,435
Feb 200117437827.755.77$7,008
Jan 200118342627.478.40$8,605
Dec 2000033026.889.12$3,010
Nov 200017744832.215.66$8,236
Oct 200017531231.235.15$7,071
Sep 200017437331.875.19$7,480
Aug 200017333429.644.54$6,644
Jul 200018139728.534.09$6,788
Jun 2000040429.304.40$1,776
May 200017633027.263.68$6,012
Apr 200034331724.513.12$9,395
Mar 2000033328.422.86$952
Feb 200032039027.622.73$9,902
Jan 2000336325.272.48$976
Dec 199934043524.282.42$9,310
Nov 199917644023.192.43$5,152
Oct 199917129620.982.80$4,417
Sep 199917740821.752.62$4,918
Aug 199917643019.262.88$4,626
Jul 199917389117.892.37$5,209
Jun 199917465715.942.36$4,325
May 199917972315.792.32$4,505
Apr 199934225415.102.21$5,725
Mar 1999014612.471.84$268
Feb 19993454689.981.82$4,294
Jan 199917444210.381.90$2,646
Dec 19981743489.201.77$2,218
Nov 199834255810.892.19$4,944
Oct 199816854312.421.97$3,156
Sep 199834436912.592.08$5,099
Aug 199817637311.301.91$2,700
Jul 199833937211.742.24$4,812
Jun 199817751411.242.24$3,139
May 199834844312.622.21$5,369
Apr 199818643713.042.51$3,520
Mar 199835347812.802.31$5,622
Feb 199834656013.952.30$6,114
Jan 199818153314.702.15$3,809
Dec 199752239516.322.41$9,471
Nov 199717444118.193.09$4,527
Oct 199734773419.253.15$8,992
Sep 199733157917.742.95$7,583
Aug 199752577417.862.55$11,354
Jul 199735459817.582.25$7,567
Jun 199751656717.242.26$10,176
May 199735150318.972.31$7,820
Apr 199752067617.882.08$10,706
Mar 199749488118.951.94$11,070
Feb 19976581,30220.492.21$16,355
Jan 199763781223.483.54$17,831
Dec 19968961,51223.32$20,895
Nov 199672683821.97$15,950
Oct 1996883023.31$20,583
Sep 1996170022.22$3,777
Aug 199610020.26$203
Jul 1996190019.55$3,715

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 2001 — as filed, then multipliedworked
Oil                  211 bbl  × $ 16.93 =     $3,572
Casinghead gas       967 Mcf  × $  2.36 =     $2,286

────────────────────────────────────────────────────
Month total                                   $5,859

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/35244 is the state's own key, not one this site invented.