SMITH

Operated by TWO P PARTNERS, LLC (P-5 875088) in the WARD-ESTES, NORTH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7332District 08Field 95152001OilCasinghead gasSaveExport
Value, all time
$10.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$405 k
at the published price for each month
Months reported
401
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 98 leases and 4,161 wells, and the rule below applies to all of them.

Discovered
1929-12-31
as the register files it
Field class
Oil and gas
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 Commission's schedule remark for this field reads: EFFECTIVE 11/01/82; ALLOC FORMULA SUSPENDED 9-1-84

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
OilDisposition197,229 bbl$10,083,558
Casinghead gasProduction54,366 Mcf$175,232
Total$10,258,790

21 Mcf of this lease's gas, across 21 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 (18)

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 31.6348, -102.9937. A lease has no coordinate of its own — that point is the mean of its wells, and they span 7.2 miles.

31.59131, -102.98622 · 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
66.7%
12 of 18 wells
With a plug date
66.7%
12 of 18 wells
Median depth
3,215 ft
17 wells filed one
Completion to plug
9.3 years
median over 9 wells

What the state filed about each well

On the RRC proration schedule
1266.7%
A plug date is filed
1266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
1266.7%
NeitherNo plug date, and not on the schedule.
633.3%

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

Total depth in feet, 17 of 18 wells. Median 3,215 ft, with the middle half between 3,023 and 3,223 ft; the shallowest is 2,740 ft and the deepest 3,538 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 15 of 18 wells, Mar 1947 – Aug 2024. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 1947 – Aug 2024
15 of 18 wells; 3 filed none
Plug dates filed
Jan 1962 – Oct 2017
12 of 18 wells; 6 filed none

Last completion to plug: a median of 9.3 years across the 9 wells that filed both dates, with the middle half between 4.5 years and 47.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

18 wells

42-475006422WA3,215 ftMar 1977Yes
42-475007679W3,225 ftOct 2011Yes
42-475112965WSApr 1985Yes
42-47535762123,023 ftAug 2024
42-47536383163,538 ftDec 2017
42-47536384173,538 ftMay 2017
42-47536058152,824 ftJul 2012
42-4750092713,092 ftMay 2012Oct 2017Yes
42-47535761142,908 ftMay 2012
42-47535763132,901 ftMay 2012
42-4750076973,219 ftApr 2012Jul 2012Yes
42-4750076883,220 ftAug 2010May 2012Yes
42-47502260257W2,740 ftJun 1998Dec 2002Yes
42-47500765113,223 ftFeb 1978Jun 1987Yes
42-475007706W3,223 ftApr 1965Aug 2012Yes
42-4750064533,220 ftJun 1962Jun 2012Yes
42-47500766103,213 ftMar 1962May 2012Yes
42-4750064443,090 ftMar 1947Jan 1962Yes

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 (401)

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

401 months

May 202639642106.413.05$42,266
Apr 20264132998.932.87$40,941
Mar 20264041689.753.15$36,309
Feb 20263711163.503.75$23,600
Jan 20264443159.138.00$26,502
Dec 20255254856.664.41$29,958
Nov 20255124958.593.93$30,190
Oct 20255274259.383.30$31,432
Sep 20254963662.743.08$31,230
Aug 20254932763.933.01$31,599
Jul 20255892266.743.32$39,383
Jun 20256202966.483.13$41,308
May 20256693860.553.23$40,631
Apr 20255083062.363.54$31,785
Mar 20256503367.704.27$44,146
Feb 20256573470.884.34$46,716
Jan 20257104274.324.28$52,947
Dec 20248743568.993.12$60,407
Nov 20248404969.052.20$58,110
Oct 20248533671.372.28$60,961
Sep 20248333769.612.36$58,073
Aug 20246307675.632.06$47,804
Jul 202450211679.932.15$40,374
Jun 2024363178.082.63$28,346
May 2024499178.812.20$39,328
Apr 2024561184.451.66$47,378
Mar 2024546280.301.55$43,847
Feb 2024521176.091.78$39,645
Jan 20245529173.023.30$40,607
Dec 20236089571.262.61$43,574
Nov 202361813177.892.81$48,504
Oct 202376619785.443.09$66,055
Sep 20237372589.042.74$65,691
Aug 2023752080.522.67$60,551
Jul 2023827374.852.64$61,909
Jun 20237885668.962.26$54,467
May 20238769770.622.23$62,079
Apr 20238378578.122.24$65,577
Mar 20239678072.852.39$70,637
Feb 20237686975.112.47$57,855
Jan 20233548276.533.39$27,369
Dec 20224697776.415.73$36,277
Nov 20224367785.005.65$37,495
Oct 20222947287.185.86$26,053
Sep 20223508784.888.16$30,418
Aug 202289411694.529.13$85,560
Jul 20221,015128101.587.54$104,069
Jun 2022627123115.097.98$73,143
May 2022531133109.378.43$59,197
Apr 2022255102104.226.84$27,274
Mar 202278143108.885.08$9,219
Feb 202256817091.054.86$52,542
Jan 202282319781.844.54$68,248
Dec 202188520371.323.90$63,910
Nov 202178215477.435.24$61,357
Oct 202191117179.795.71$73,666
Sep 202175519169.865.35$53,766
Aug 202185818166.024.22$57,409
Jul 20211,01514570.783.98$72,419
Jun 20218268569.493.38$57,686
May 202190711863.483.02$57,932
Apr 202191813160.362.76$55,772
Mar 20211,08915961.302.72$67,188
Feb 202188612057.805.55$51,877
Jan 20211,08216850.412.81$55,016
Dec 20201,06818544.642.68$48,170
Nov 202090621038.772.71$35,694
Oct 20201,01220636.972.48$37,924
Sep 20201,06117037.091.99$39,691
Aug 20201,03224839.982.39$41,851
Jul 202091330338.371.83$35,585
Jun 202079218934.901.69$27,960
May 202095716316.921.81$16,488
Apr 20201,04817514.751.80$15,774
Mar 20201,20416130.341.86$36,828
Feb 20201,08517349.881.98$54,462
Jan 20201,42217457.252.09$81,774
Dec 20191,53919759.012.30$91,270
Nov 20191,55321355.302.75$86,467
Oct 20191,10817353.472.42$59,663
Sep 20191,07415455.052.66$59,533
Aug 20191,20126653.112.30$64,398
Jul 20191,22616056.272.46$69,381
Jun 20191,31414852.782.49$69,722
May 20191,75815158.482.74$103,222
Apr 20191,55916562.632.75$98,094
Mar 20191,26612856.803.06$72,301
Feb 20191,08616350.852.79$55,678
Jan 20191,48024546.033.23$68,915
Dec 20181,48825046.594.19$70,372
Nov 20181,59120752.934.24$85,089
Oct 20181,33513761.443.40$82,488
Sep 20181,04114259.543.11$62,422
Aug 20181,19412259.403.07$71,298
Jul 20181,02112465.142.93$66,871
Jun 201881310660.183.08$49,252
May 201875510665.382.90$49,669
Apr 20181,20910863.842.90$77,496
Mar 20181,61211761.222.79$99,013
Feb 20181,61010861.782.77$99,765
Jan 20182,22712162.874.01$140,497
Dec 20171,42611757.272.92$82,009
Nov 20174805255.423.12$26,764
Oct 20171,25418149.292.98$62,350
Sep 20171,51017347.523.09$72,289
Aug 20172,09627245.373.00$95,913
Jul 20172,94631943.873.09$130,226
Jun 20173,22931642.493.09$138,176
May 20173,76121645.373.26$171,341
Apr 201783010747.933.21$40,126
Mar 201786912746.772.98$41,022
Feb 201787910650.452.95$44,659
Jan 20176669349.413.42$33,225
Dec 201653714448.763.72$26,720
Nov 201684028542.492.64$36,445
Oct 201697446146.193.09$46,414
Sep 201687038241.553.10$37,333
Aug 20161,01049941.442.92$43,314
Jul 20161,18555641.622.92$50,946
Jun 20161,1742,81745.352.69$60,807
May 20161,0511,97742.521.99$48,625
Apr 20161,0111,96936.561.99$40,883
Mar 20166832,44733.011.79$26,936
Feb 20165022,15826.472.06$17,741
Jan 201663380327.352.36$19,211
Dec 201560371332.362.00$20,940
Nov 201573342838.792.17$29,361
Oct 20151,03966043.552.43$46,850
Sep 20151,31371542.992.76$58,418
Aug 20151,1261,35340.162.87$49,107
Jul 20158161,10048.152.95$42,530
Jun 20158011,05156.152.88$48,006
May 201566481955.212.96$39,080
Apr 20157591,00149.822.71$40,523
Mar 20154801,04442.892.93$23,651
Feb 201557068544.662.98$27,495
Jan 20157241,32643.433.10$35,555
Dec 20147211,02154.693.59$43,098
Nov 20141,0351,05770.464.25$77,420
Oct 201499695478.303.90$81,708
Sep 20149621,24786.164.05$87,931
Aug 20141,2921,35589.394.04$120,959
Jul 20141,1821,39796.564.18$119,973
Jun 201423854498.164.74$25,939
May 201414323994.734.73$14,676
Apr 201424417995.944.81$24,270
Mar 201445165495.895.06$46,554
Feb 201443881897.406.19$47,726
Jan 20146261,60290.404.86$64,377
Dec 20136881,17091.824.35$68,267
Nov 20138771,03388.853.74$81,783
Oct 201347878697.423.78$49,537
Sep 2013380584104.113.72$41,733
Aug 2013570232104.253.52$60,240
Jul 2013616391102.523.72$64,606
Jun 201318410194.403.93$17,767
May 2013974694.834.15$9,389
Apr 2013762093.964.28$7,227
Mar 20131573793.623.91$14,843
Feb 20131044391.233.42$9,635
Jan 2013391991.603.42$3,637
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 201290091.612.49$8,245
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010167081.694.12$13,642
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010167074.365.96$12,418
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009169072.544.11$12,259
Sep 2009334065.543.06$21,890
Aug 2009168067.423.22$11,327
Jul 2009159061.133.46$9,720
Jun 2009170066.163.90$11,247
May 2009333054.743.93$18,228
Apr 2009161046.773.59$7,530
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009348035.865.37$12,479
Dec 20080037.105.98$0
Nov 2008171055.496.86$9,489
Oct 20080075.246.92$0
Sep 20081680101.767.88$17,096
Aug 20081710114.228.48$19,532
Jul 200800131.0811.39$0
Jun 20081710131.3313.03$22,457
May 20081740123.1711.57$21,432
Apr 20083490110.3110.45$38,498
Mar 200800101.909.66$0
Feb 2008176092.538.77$16,285
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007177082.856.92$14,664
Sep 2007178075.846.24$13,500
Aug 2007171069.066.39$11,809
Jul 2007170070.906.39$12,053
Jun 2007171062.007.55$10,602
May 2007168058.747.85$9,868
Apr 2007340059.617.81$20,267
Mar 20070056.927.30$0
Feb 2007171055.108.22$9,422
Jan 2007173050.306.73$8,702
Dec 2006169056.656.92$9,574
Nov 2006174054.207.62$9,431
Oct 2006173054.906.01$9,498
Sep 2006349060.085.04$20,968
Aug 2006163068.717.34$11,200
Jul 2006166069.376.34$11,515
Jun 2006340066.286.38$22,535
May 2006174066.016.42$11,486
Apr 2006168064.397.36$10,818
Mar 2006349056.707.08$19,788
Feb 2006172057.597.75$9,905
Jan 2006178060.598.93$10,785
Dec 2005343054.9413.42$18,844
Nov 2005168054.6910.59$9,188
Oct 2005176058.3413.80$10,268
Sep 2005346061.4512.08$21,262
Aug 2005175061.519.80$10,764
Jul 2005175055.697.84$9,746
Jun 2005329052.337.38$17,217
May 2005168045.226.65$7,597
Apr 2005166049.207.36$8,167
Mar 2005496050.377.15$24,984
Feb 2005172045.226.31$7,778
Jan 2005177043.166.32$7,639
Dec 2004348039.866.75$13,871
Nov 2004169045.286.33$7,652
Oct 2004348049.706.52$17,296
Sep 2004353043.245.28$15,264
Aug 2004172042.375.55$7,288
Jul 2004344038.286.08$13,168
Jun 2004165036.106.43$5,957
May 2004177037.486.49$6,634
Apr 2004174034.475.86$5,998
Mar 2004178034.365.53$6,116
Feb 2004359032.455.51$11,650
Jan 2004347032.036.30$11,114
Dec 2003356030.266.30$10,773
Nov 2003181028.804.60$5,213
Oct 2003177028.174.76$4,986
Sep 2003358026.314.75$9,419
Aug 2003354029.765.13$10,535
Jul 2003175029.415.17$5,147
Jun 2003337028.565.98$9,625
May 2003338026.595.97$8,987
Apr 2003351026.675.41$9,361
Mar 2003344031.146.10$10,712
Feb 2003183033.487.93$6,127
Jan 2003347030.315.58$10,518
Dec 2002348026.914.85$9,365
Nov 2002357024.664.14$8,804
Oct 2002355026.464.23$9,393
Sep 2002171027.443.64$4,692
Aug 2002173025.963.16$4,491
Jul 2002178024.583.06$4,375
Jun 2002352023.733.34$8,353
May 2002343024.663.58$8,458
Apr 2002347023.653.51$8,207
Mar 2002342022.003.10$7,524
Feb 2002348018.222.38$6,341
Jan 2002352017.172.38$6,044
Dec 2001346016.932.36$5,858
Nov 2001340018.072.41$6,144
Oct 2001597019.782.53$11,809
Sep 2001346024.262.25$8,394
Aug 2001336024.873.05$8,356
Jul 2001510023.933.20$12,204
Jun 2001503024.563.82$12,354
May 2001362025.524.31$9,238
Apr 2001345024.685.34$8,515
Mar 2001337024.545.38$8,270
Feb 2001348027.755.77$9,657
Jan 2001345027.478.40$9,477
Dec 2000346026.889.12$9,300
Nov 2000349032.215.66$11,241
Oct 2000337031.235.15$10,525
Sep 2000343031.875.19$10,931
Aug 2000346029.644.54$10,255
Jul 2000348028.534.09$9,928
Jun 2000356029.304.40$10,431
May 2000151027.263.68$4,116
Apr 2000176024.513.12$4,314
Mar 2000338028.422.86$9,606
Feb 2000339027.622.73$9,363
Jan 2000166025.272.48$4,195
Dec 1999170024.282.42$4,128
Nov 1999339023.192.43$7,861
Oct 1999335020.982.80$7,028
Sep 1999171021.752.62$3,719
Aug 1999337019.262.88$6,491
Jul 1999173017.892.37$3,095
Jun 1999168015.942.36$2,678
May 1999161015.792.32$2,542
Apr 1999334015.102.21$5,043
Mar 1999163012.471.84$2,033
Feb 199934109.981.82$3,403
Jan 1999173010.381.90$1,796
Dec 199817809.201.77$1,638
Nov 1998344010.892.19$3,746
Oct 1998156012.421.97$1,938
Sep 1998327012.592.08$4,117
Aug 1998333011.301.91$3,763
Jul 1998332011.742.24$3,898
Jun 1998334011.242.24$3,754
May 1998508012.622.21$6,411
Apr 1998346013.042.51$4,512
Mar 1998511012.802.31$6,541
Feb 1998351013.952.30$4,896
Jan 1998345014.702.15$5,072
Dec 1997335016.322.41$5,467
Nov 1997331018.193.09$6,021
Oct 1997330019.253.15$6,353
Sep 1997165017.742.95$2,927
Aug 1997335017.862.55$5,983
Jul 1997332017.582.25$5,837
Jun 1997169017.242.26$2,914
May 1997173018.972.31$3,282
Apr 1997173017.882.08$3,093
Mar 1997178018.951.94$3,373
Feb 1997169020.492.21$3,463
Jan 1997509023.483.54$11,951
Dec 1996168023.32$3,918
Nov 1996168021.97$3,691
Oct 1996344023.31$8,019
Sep 1996334022.22$7,421
Aug 1996351020.26$7,111
Jul 1996171019.55$3,343
Jun 1996169018.73$3,165
May 1996345019.43$6,703
Apr 1996515021.51$11,078
Mar 1996359019.38$6,957
Feb 1996352016.98$5,977
Jan 1996343017.07$5,855
Dec 1995498017.19$8,561
Nov 1995186016.00$2,976
Oct 1995523015.43$8,070
Sep 1995174016.18$2,815
Aug 1995516015.92$8,215
Jul 1995349015.24$5,319
Jun 1995345016.41$5,661
May 1995344017.56$6,041
Apr 1995345017.73$6,117
Mar 1995344016.44$5,655
Feb 1995344016.58$5,704
Jan 1995342015.92$5,445
Dec 1994513015.03$7,710
Nov 1994344015.90$5,470
Oct 1994348015.58$5,422
Sep 1994329115.29$5,030
Aug 1994484116.13$7,807
Jul 1994328117.56$5,760
Jun 1994478117.09$8,169
May 1994290115.88$4,605
Apr 1994345114.14$4,878
Mar 1994467112.46$5,819
Feb 1994336112.50$4,200
Jan 1994217112.66$2,747
Dec 1993529112.33$6,523
Nov 1993361114.49$5,231
Oct 1993435115.85$6,895
Sep 1993497115.03$7,470
Aug 1993426115.66$6,671
Jul 1993525115.46$8,117
Jun 1993430116.79$7,220
May 1993501117.68$8,858
Apr 1993469118.05$8,465
Mar 1993433118.14$7,855
Feb 1993339117.90$6,068
Jan 1993397116.93$6,721

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                  396 bbl  × $106.41 =    $42,138
Casinghead gas        42 Mcf  × $  3.05 =       $128

────────────────────────────────────────────────────
Month total                                  $42,266

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/7332 is the state's own key, not one this site invented.