SMOKY MOUNTAINS 21-33 A
Operated by IKE OPERATING, LLC (P-5 101633) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.
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.
| Stream | Basis | Volume | Value |
|---|---|---|---|
| Oil | Disposition | 319,611 bbl | $21,347,247 |
| Casinghead gas | Production | 162,893 Mcf | $582,478 |
| Total | $21,929,725 | ||
Every month this lease reported (19)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
19 months
| May 2026 | 10,098 | 8,300 | 106.41 | 3.05 | $1,099,809 |
| Apr 2026 | 12,422 | 9,672 | 98.93 | 2.87 | $1,256,664 |
| Mar 2026 | 10,332 | 6,997 | 89.75 | 3.15 | $949,334 |
| Feb 2026 | 9,354 | 5,373 | 63.50 | 3.75 | $614,129 |
| Jan 2026 | 12,462 | 7,042 | 59.13 | 8.00 | $793,199 |
| Dec 2025 | 9,856 | 5,175 | 56.66 | 4.41 | $581,280 |
| Nov 2025 | 14,709 | 7,456 | 58.59 | 3.93 | $891,076 |
| Oct 2025 | 20,165 | 11,166 | 59.38 | 3.30 | $1,234,300 |
| Sep 2025 | 26,468 | 13,417 | 62.74 | 3.08 | $1,701,885 |
| Aug 2025 | 30,670 | 13,804 | 63.93 | 3.01 | $2,002,349 |
| Jul 2025 | 33,426 | 14,855 | 66.74 | 3.32 | $2,280,099 |
| Jun 2025 | 35,322 | 15,814 | 66.48 | 3.13 | $2,397,684 |
| May 2025 | 33,612 | 15,063 | 60.55 | 3.23 | $2,083,895 |
| Apr 2025 | 33,331 | 15,373 | 62.36 | 3.54 | $2,132,990 |
| Mar 2025 | 27,384 | 13,386 | 67.70 | 4.27 | $1,911,033 |
| Feb 2025 | 0 | 0 | 70.88 | 4.34 | $0 |
| Jan 2025 | 0 | 0 | 74.32 | 4.28 | $0 |
| Dec 2024 | 0 | 0 | 68.99 | 3.12 | $0 |
| Nov 2024 | 0 | 0 | 69.05 | 2.20 | $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.
Oil 10,098 bbl × $106.41 = $1,074,528 Casinghead gas 8,300 Mcf × $ 3.05 = $25,280 ──────────────────────────────────────────────────── Month total $1,099,809
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/62643 is the state's own key, not one this site invented.