LPI-SQUIRE 45B

Operated by SMC OIL & GAS, INC. (P-5 789634) in the GARDEN CITY, S. (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45252District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.5 M
May 2014 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
145
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 512 leases and 922 wells, and the rule below applies to all of them.

Discovered
1964-03-12
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 2014-05-22.

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: COMMINGLING FEE. GRANTED PER DOCKET #08-0287087.

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
OilDisposition18,719 bbl$1,120,108
Casinghead gasProduction120,833 Mcf$384,110
Total$1,504,218

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 32.0134, -101.4808. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.01338, -101.48081 · 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
10,368 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 10,368 ft.

Completions filed
May 2014
1 of 1 wells

1 well

42-17336372110,368 ftMay 2014

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 (145)

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

145 months

May 20260228106.413.05$694
Apr 2026024398.932.87$697
Mar 2026025189.753.15$791
Feb 20268921963.503.75$6,473
Jan 2026020059.138.00$1,600
Dec 2025020756.664.41$914
Nov 202509958.593.93$389
Oct 2025030459.383.30$1,005
Sep 2025018662.743.08$572
Aug 2025016463.933.01$494
Jul 2025026566.743.32$879
Jun 2025021966.483.13$685
May 20254334560.553.23$3,719
Apr 2025043062.363.54$1,524
Mar 2025037867.704.27$1,613
Feb 2025026970.884.34$1,168
Jan 20254621374.324.28$4,330
Dec 2024024268.993.12$755
Nov 2024018569.052.20$407
Oct 2024019271.372.28$438
Sep 20244411269.612.36$3,328
Aug 2024019875.632.06$409
Jul 2024018179.932.15$389
Jun 2024032378.082.63$851
May 2024020578.812.20$451
Apr 2024019784.451.66$327
Mar 202406180.301.55$94
Feb 2024019976.091.78$355
Jan 2024023173.023.30$762
Dec 2023029671.262.61$773
Nov 2023027477.892.81$769
Oct 2023044585.443.09$1,374
Sep 2023026589.042.74$725
Aug 202308380.522.67$222
Jul 202301074.852.64$26
Jun 2023015468.962.26$348
May 2023035170.622.23$782
Apr 2023042178.122.24$942
Mar 20234740072.852.39$4,381
Feb 2023025675.112.47$631
Jan 20234717776.533.39$4,197
Dec 2022018376.415.73$1,048
Nov 20224419485.005.65$4,835
Oct 2022018287.185.86$1,067
Sep 2022020284.888.16$1,649
Aug 202205794.529.13$520
Jul 2022757101.587.54$7,671
Jun 20220239115.097.98$1,907
May 20220106109.378.43$894
Apr 20220229104.226.84$1,566
Mar 202294229108.885.08$11,397
Feb 2022489591.054.86$4,832
Jan 2022028381.844.54$1,284
Dec 2021030871.323.90$1,201
Nov 2021040277.435.24$2,105
Oct 2021020879.795.71$1,188
Sep 202105569.865.35$294
Aug 202119037566.024.22$14,127
Jul 202113859770.783.98$12,145
Jun 20214611569.493.38$3,585
May 20214758063.483.02$4,734
Apr 2021065760.362.76$1,812
Mar 2021072161.302.72$1,959
Feb 202106057.805.55$333
Jan 202145050.412.81$2,268
Dec 2020021144.642.68$565
Nov 2020482638.772.71$1,931
Oct 202002636.972.48$64
Sep 2020482637.091.99$1,832
Aug 20201191739.982.39$4,798
Jul 20204624638.371.83$2,214
Jun 202018732634.901.69$7,077
May 20204723716.921.81$1,225
Apr 2020054514.751.80$983
Mar 2020044730.341.86$830
Feb 20204367049.881.98$3,472
Jan 2020092157.252.09$1,929
Dec 20194350559.012.30$3,701
Nov 20194755155.302.75$4,115
Oct 20194766453.472.42$4,119
Sep 20195347055.052.66$4,167
Aug 20199268453.112.30$6,462
Jul 20199474956.272.46$7,132
Jun 2019062852.782.49$1,564
May 20199485658.482.74$7,843
Apr 20199379862.632.75$8,020
Mar 20198952356.803.06$6,657
Feb 20199163650.852.79$6,403
Jan 201917994546.033.23$11,290
Dec 20188794246.594.19$7,996
Nov 201817639052.934.24$10,968
Oct 20189093561.443.40$8,707
Sep 20188831459.543.11$6,215
Aug 201827477059.403.07$18,637
Jul 2018097165.142.93$2,847
Jun 201816891460.183.08$12,923
May 2018441,18465.382.90$6,311
Apr 20181041,37163.842.90$10,616
Mar 2018871,05461.222.79$8,263
Feb 20181501,17161.782.77$12,506
Jan 20181411,15962.874.01$13,511
Dec 20171361,38757.272.92$11,841
Nov 20171451,45355.423.12$12,567
Oct 20171961,37349.292.98$13,757
Sep 20171411,34847.523.09$10,862
Aug 20171381,44845.373.00$10,611
Jul 20172031,43143.873.09$13,324
Jun 20171201,43342.493.09$9,523
May 20171781,44445.373.26$12,788
Apr 20171771,38147.933.21$12,919
Mar 20172431,35446.772.98$15,405
Feb 20171751,14550.452.95$12,209
Jan 20172241,35149.413.42$15,687
Dec 20161561,24948.763.72$12,256
Nov 20161361,26742.492.64$9,129
Oct 20161861,28646.193.09$12,565
Sep 20162121,26841.553.10$12,740
Aug 20162081,46741.442.92$12,910
Jul 20162381,49241.622.92$14,269
Jun 20161881,39445.352.69$12,270
May 20161511,30042.521.99$9,009
Apr 20161691,30936.561.99$8,785
Mar 20162251,80233.011.79$10,660
Feb 20162651,72226.472.06$10,568
Jan 20162821,69227.352.36$11,713
Dec 20152871,79332.362.00$12,876
Nov 20151971,68238.792.17$11,287
Oct 20153441,96643.552.43$19,752
Sep 20154101,99042.992.76$23,115
Aug 20151932,07540.162.87$13,711
Jul 20155502,30848.152.95$33,280
Jun 20152772,07356.152.88$21,530
May 20152541,08255.212.96$17,221
Apr 20153241,28349.822.71$19,614
Mar 20154802,34942.892.93$27,481
Feb 20153591,95944.662.98$21,863
Jan 20159381,51843.433.10$45,444
Dec 20145143,11454.693.59$39,294
Nov 20143862,35270.464.25$37,198
Oct 20146713,05078.303.90$64,437
Sep 20147924,28886.164.05$85,586
Aug 20141,3687,25389.394.04$151,552
Jul 20141,5365,49696.564.18$171,287
Jun 201426553398.164.74$28,537
May 201417022994.734.73$17,186

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                    0 bbl  × $106.41 =         $0
Casinghead gas       228 Mcf  × $  3.05 =       $694

────────────────────────────────────────────────────
Month total                                     $694

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/45252 is the state's own key, not one this site invented.