SMITH, MYRON A. 'B'

Operated by OLSEN ENERGY INC. (P-5 621750) in the LEHN-APCO (1600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 50097District 08Field 53000830Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$680 k
Dec 2017 – May 2026
Value, last 12 filed months
$85 k
at the published price for each month
Months reported
102
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 40 leases and 253 wells, and the rule below applies to all of them.

Discovered
1939-12-31
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 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
OilDisposition9,994 bbl$666,944
Casinghead gasProduction4,766 Mcf$13,363
Total$680,307

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 31.0938, -102.7163. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.09383, -102.71632 · 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
4,935 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 4,935 ft.

Completions filed
Dec 2017
1 of 1 wells

1 well

42-3713252314,935 ftDec 2017

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 (102)

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

102 months

May 20261640106.413.05$17,451
Apr 2026162098.932.87$16,027
Mar 20260089.753.15$0
Feb 2026160063.503.75$10,160
Jan 20260059.138.00$0
Dec 2025162056.664.41$9,179
Nov 20250058.593.93$0
Oct 2025169059.383.30$10,035
Sep 20250062.743.08$0
Aug 2025163063.933.01$10,421
Jul 2025181066.743.32$12,080
Jun 20250066.483.13$0
May 2025164060.553.23$9,930
Apr 20250062.363.54$0
Mar 2025163067.704.27$11,035
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024181068.993.12$12,487
Nov 2024160069.052.20$11,048
Oct 20240071.372.28$0
Sep 2024166069.612.36$11,555
Aug 20240075.632.06$0
Jul 2024177079.932.15$14,148
Jun 20240078.082.63$0
May 2024173078.812.20$13,634
Apr 20240084.451.66$0
Mar 2024176080.301.55$14,133
Feb 2024172076.091.78$13,087
Jan 20240073.023.30$0
Dec 2023178071.262.61$12,684
Nov 20230077.892.81$0
Oct 2023182085.443.09$15,550
Sep 2023169089.042.74$15,048
Aug 20230080.522.67$0
Jul 2023161074.852.64$12,051
Jun 20230068.962.26$0
May 2023175070.622.23$12,359
Apr 20230078.122.24$0
Mar 2023236072.852.39$17,193
Feb 20230075.112.47$0
Jan 2023162076.533.39$12,398
Dec 20220076.415.73$0
Nov 2022160085.005.65$13,600
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20221640101.587.54$16,659
Jun 202200115.097.98$0
May 20221780109.378.43$19,468
Apr 20221660104.226.84$17,301
Mar 202200108.885.08$0
Feb 2022181091.054.86$16,480
Jan 20220081.844.54$0
Dec 2021180071.323.90$12,838
Nov 20210077.435.24$0
Oct 2021177079.795.71$14,123
Sep 20210069.865.35$0
Aug 2021169066.024.22$11,157
Jul 2021174070.783.98$12,316
Jun 20210069.493.38$0
May 2021176063.483.02$11,172
Apr 2021156060.362.76$9,416
Mar 2021158061.302.72$9,685
Feb 20210057.805.55$0
Jan 2021183050.412.81$9,225
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 2020174036.972.48$6,433
Sep 2020180037.091.99$6,676
Aug 20200039.982.39$0
Jul 2020176038.371.83$6,753
Jun 2020175034.901.69$6,108
May 20200916.921.81$16
Apr 202001114.751.80$20
Mar 202017025130.341.86$5,624
Feb 2020019049.881.98$376
Jan 202017126557.252.09$10,345
Dec 201932618259.012.30$19,657
Nov 2019019055.302.75$523
Oct 201916920553.472.42$9,532
Sep 2019025655.052.66$680
Aug 201917724253.112.30$9,958
Jul 201916525056.272.46$9,900
Jun 201916020152.782.49$8,946
May 201909758.482.74$266
Apr 201917713262.632.75$11,449
Mar 201917619256.803.06$10,585
Feb 201917322150.852.79$9,414
Jan 2019020646.033.23$665
Dec 201816021546.594.19$8,354
Nov 201815820452.934.24$9,227
Oct 2018021361.443.40$724
Sep 201816023559.543.11$10,257
Aug 201807459.403.07$227
Jul 201818116965.142.93$12,286
Jun 201816526660.183.08$10,748
May 201814025465.382.90$9,890
Apr 20180063.842.90$0
Mar 2018159061.222.79$9,734
Feb 2018124161.782.77$7,663
Jan 201803562.874.01$140
Dec 20170057.272.92$0

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                  164 bbl  × $106.41 =    $17,451
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $17,451

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/50097 is the state's own key, not one this site invented.