SMITH, MYRON A. 'C'

Operated by OLSEN ENERGY INC. (P-5 621750) in the APCO-WARNER, WEST (ELLEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 47988District 08Field 03284333Hydrogen sulphide fieldOilSaveExport
Value, all time
$1.3 M
Jul 2016 – May 2026
Value, last 12 filed months
$121 k
at the published price for each month
Months reported
119
no gaps in the span
Streams
1
oil

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 7 leases and 9 wells, and the rule below applies to all of them.

Discovered
1962-01-04
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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.

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
OilDisposition21,410 bbl$1,273,670
Total$1,273,670

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 31.0912, -102.7188. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.09116, -102.71882 · 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
4,941 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 4,941 ft.

Completions filed
Jul 2016
1 of 1 wells

1 well

42-3713264914,941 ftJul 2016

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 (119)

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

119 months

May 2026157106.413.05$16,706
Apr 202618098.932.87$17,807
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 202616859.138.00$9,934
Dec 202517156.664.41$9,689
Nov 202518158.593.93$10,605
Oct 202518959.383.30$11,223
Sep 202517962.743.08$11,230
Aug 202518163.933.01$11,571
Jul 202516266.743.32$10,812
Jun 202517966.483.13$11,900
May 202516060.553.23$9,688
Apr 202518162.363.54$11,287
Mar 2025067.704.27$0
Feb 202517870.884.34$12,617
Jan 2025074.324.28$0
Dec 202416968.993.12$11,659
Nov 202418069.052.20$12,429
Oct 202418371.372.28$13,061
Sep 202417969.612.36$12,460
Aug 202417875.632.06$13,462
Jul 2024079.932.15$0
Jun 202417578.082.63$13,664
May 202415878.812.20$12,452
Apr 202434384.451.66$28,966
Mar 202416080.301.55$12,848
Feb 202416176.091.78$12,250
Jan 202418673.023.30$13,582
Dec 2023071.262.61$0
Nov 202317377.892.81$13,475
Oct 202317685.443.09$15,037
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 202315774.852.64$11,751
Jun 202317268.962.26$11,861
May 202316870.622.23$11,864
Apr 202318478.122.24$14,374
Mar 202312072.852.39$8,742
Feb 2023075.112.47$0
Jan 202332876.533.39$25,102
Dec 2022076.415.73$0
Nov 202218585.005.65$15,725
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 202218094.529.13$17,014
Jul 2022177101.587.54$17,980
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 2022159104.226.84$16,571
Mar 2022184108.885.08$20,034
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 202117671.323.90$12,552
Nov 202118077.435.24$13,937
Oct 202117979.795.71$14,282
Sep 202116269.865.35$11,317
Aug 202118266.024.22$12,016
Jul 202136470.783.98$25,764
Jun 2021069.493.38$0
May 202117863.483.02$11,299
Apr 202118460.362.76$11,106
Mar 202118461.302.72$11,279
Feb 2021057.805.55$0
Jan 202118350.412.81$9,225
Dec 202018444.642.68$8,214
Nov 2020038.772.71$0
Oct 202018536.972.48$6,839
Sep 202018237.091.99$6,750
Aug 202017839.982.39$7,116
Jul 202018138.371.83$6,945
Jun 202018434.901.69$6,422
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 202036030.341.86$10,922
Feb 2020049.881.98$0
Jan 202034057.252.09$19,465
Dec 201916859.012.30$9,914
Nov 201916955.302.75$9,346
Oct 2019053.472.42$0
Sep 201917655.052.66$9,689
Aug 201917053.112.30$9,029
Jul 201918256.272.46$10,241
Jun 201917552.782.49$9,237
May 201916858.482.74$9,825
Apr 201935662.632.75$22,296
Mar 2019056.803.06$0
Feb 201934250.852.79$17,391
Jan 201917446.033.23$8,009
Dec 201833946.594.19$15,794
Nov 2018052.934.24$0
Oct 201816961.443.40$10,383
Sep 201816159.543.11$9,586
Aug 201816759.403.07$9,920
Jul 201834565.142.93$22,473
Jun 201816860.183.08$10,110
May 201834165.382.90$22,295
Apr 201819163.842.90$12,193
Mar 201834261.222.79$20,937
Feb 201816961.782.77$10,441
Jan 201818262.874.01$11,442
Dec 201717257.272.92$9,850
Nov 201717755.423.12$9,809
Oct 201733749.292.98$16,611
Sep 201717647.523.09$8,364
Aug 201735345.373.00$16,016
Jul 201734143.873.09$14,960
Jun 201717242.493.09$7,308
May 201736345.373.26$16,469
Apr 201717947.933.21$8,579
Mar 201752946.772.98$24,741
Feb 201735750.452.95$18,011
Jan 201717749.413.42$8,746
Dec 201636748.763.72$17,895
Nov 201652042.492.64$22,095
Oct 201617346.193.09$7,991
Sep 201685941.553.10$35,691
Aug 201635141.442.92$14,545
Jul 201668641.622.92$28,551

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                  157 bbl  × $106.41 =    $16,706

────────────────────────────────────────────────────
Month total                                  $16,706

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/47988 is the state's own key, not one this site invented.