SMITH, C. P. GAS UNIT

Name: SMITH, C. P. GAS UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MERIT ENERGY COMPANY (P-5 561136) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 126490District 09Field 10574520CondensateGasSave Export

Value, all time

$1.0 M

Jan 1993 – Oct 2014

Value, last 12 filed months

at the published price for each month

Months reported

262

no gaps in the span

Streams

condensate, gas

The BOONSVILLE (BEND CONGL., GAS) field

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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered

1945-05-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: “AMOUNT HAD BEEN CALCULATED FOR 5/1/97.”

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
Condensate	Disposition	486 bbl	$11,790
Gas	Production	331,381 Mcf	$1,037,275
Total			$1,049,065

110,665 Mcf of this lease's gas, across 48 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 (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 33.1566, -97.8416. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15664, -97.84164 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

5,950 ft

1 wells filed one

Completion to plug

26.6 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 5,950 ft.

Completions filed

Mar 1988

1 of 1 wells

Plug dates filed

Oct 2014

1 of 1 wells

Last completion to plug: a median of 26.6 years across the 1 well that filed both dates, with the middle half between 26.6 years and 26.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49733276	3	5,950 ft	Mar 1988	Oct 2014	Yes

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 (262)

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

262 months


Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	4	91.61	2.49	$10
Apr 2012	0	2	101.65	2.00	$4
Mar 2012	0	2	105.05	2.22	$4
Feb 2012	0	4	101.10	2.57	$10
Jan 2012	0	3	98.09	2.73	$8
Dec 2011	0	109	96.87	3.24	$353
Nov 2011	0	662	95.72	3.31	$2,192
Oct 2011	0	998	84.98	3.65	$3,641
Sep 2011	0	1,051	83.62	3.99	$4,189
Aug 2011	0	1,167	83.40	4.15	$4,842
Jul 2011	0	1,112	94.14	4.52	$5,023
Jun 2011	0	1,160	92.90	4.64	$5,382
May 2011	0	1,017	98.13	4.40	$4,480
Apr 2011	0	1,093	105.96	4.33	$4,736
Mar 2011	0	1,132	96.36	4.06	$4,593
Feb 2011	37	981	85.64	4.18	$7,269
Jan 2011	0	1,140	86.50	4.59	$5,231
Dec 2010	0	1,152	85.73	4.35	$5,009
Nov 2010	0	1,123	80.84	3.80	$4,262
Oct 2010	0	1,196	78.10	3.51	$4,197
Sep 2010	0	1,044	72.63	3.98	$4,155
Aug 2010	0	1,161	73.68	4.42	$5,131
Jul 2010	0	1,163	72.55	4.74	$5,509
Jun 2010	0	1,100	70.36	4.91	$5,401
May 2010	0	1,179	71.12	4.24	$4,993
Apr 2010	0	1,124	81.69	4.12	$4,634
Mar 2010	0	1,163	78.39	4.39	$5,104
Feb 2010	0	1,001	73.58	5.44	$5,448
Jan 2010	0	1,079	74.36	5.96	$6,435
Dec 2009	0	1,108	71.44	5.48	$6,076
Nov 2009	0	1,076	74.59	3.75	$4,037
Oct 2009	0	1,500	72.54	4.11	$6,165
Sep 2009	0	1,037	65.54	3.06	$3,178
Aug 2009	0	1,078	67.42	3.22	$3,470
Jul 2009	0	1,041	61.13	3.46	$3,607
Jun 2009	0	1,049	66.16	3.90	$4,086
May 2009	0	1,147	54.74	3.93	$4,503
Apr 2009	0	1,017	46.77	3.59	$3,648
Mar 2009	0	1,117	42.14	4.06	$4,534
Feb 2009	0	934	32.81	4.63	$4,327
Jan 2009	0	1,075	35.86	5.37	$5,774
Dec 2008	0	1,073	37.10	5.98	$6,413
Nov 2008	0	1,057	55.49	6.86	$7,251
Oct 2008	0	1,094	75.24	6.92	$7,573
Sep 2008	0	1,011	101.76	7.88	$7,964
Aug 2008	0	1,032	114.22	8.48	$8,754
Jul 2008	0	1,059	131.08	11.39	$12,061
Jun 2008	0	1,048	131.33	13.03	$13,658
May 2008	0	1,122	123.17	11.57	$12,986
Apr 2008	0	1,069	110.31	10.45	$11,176
Mar 2008	0	1,102	101.90	9.66	$10,650
Feb 2008	0	990	92.53	8.77	$8,683
Jan 2008	0	1,092	90.38	8.21	$8,961
Dec 2007	0	1,100	88.33	7.30	$8,032
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	1,062	82.85	6.92	$7,351
Sep 2007	0	995	75.84	6.24	$6,213
Aug 2007	0	1,011	69.06	6.39	$6,458
Jul 2007	0	1,107	70.90	6.39	$7,071
Jun 2007	0	1,020	62.00	7.55	$7,699
May 2007	0	1,110	58.74	7.85	$8,709
Apr 2007	0	1,029	59.61	7.81	$8,032
Mar 2007	0	1,075	56.92	7.30	$7,850
Feb 2007	0	939	55.10	8.22	$7,715
Jan 2007	0	1,157	50.30	6.73	$7,783
Dec 2006	0	916	56.65	6.92	$6,337
Nov 2006	0	1,056	54.20	7.62	$8,044
Oct 2006	0	1,058	54.90	6.01	$6,363
Sep 2006	0	1,010	60.08	5.04	$5,088
Aug 2006	0	1,045	68.71	7.34	$7,670
Jul 2006	0	1,112	69.37	6.34	$7,053
Jun 2006	0	1,061	66.28	6.38	$6,773
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	1,076	64.39	7.36	$7,920
Mar 2006	0	1,096	56.70	7.08	$7,763
Feb 2006	0	1,014	57.59	7.75	$7,860
Jan 2006	0	933	60.59	8.93	$8,335
Dec 2005	0	1,151	54.94	13.42	$15,441
Nov 2005	0	1,014	54.69	10.59	$10,737
Oct 2005	0	1,119	58.34	13.80	$15,437
Sep 2005	0	1,093	61.45	12.08	$13,202
Aug 2005	0	1,146	61.51	9.80	$11,227
Jul 2005	0	1,078	55.69	7.84	$8,455
Jun 2005	0	1,146	52.33	7.38	$8,459
May 2005	0	1,115	45.22	6.65	$7,416
Apr 2005	0	1,083	49.20	7.36	$7,971
Mar 2005	0	1,100	50.37	7.15	$7,870
Feb 2005	0	977	45.22	6.31	$6,167
Jan 2005	0	1,195	43.16	6.32	$7,555
Dec 2004	0	1,074	39.86	6.75	$7,251
Nov 2004	0	1,090	45.28	6.33	$6,900
Oct 2004	0	1,005	49.70	6.52	$6,548
Sep 2004	0	1,155	43.24	5.28	$6,103
Aug 2004	0	1,072	42.37	5.55	$5,950
Jul 2004	0	1,128	38.28	6.08	$6,863
Jun 2004	0	1,008	36.10	6.43	$6,484
May 2004	0	1,132	37.48	6.49	$7,352
Apr 2004	0	1,000	34.47	5.86	$5,858
Mar 2004	0	977	34.36	5.53	$5,403
Feb 2004	0	947	32.45	5.51	$5,218
Jan 2004	0	954	32.03	6.30	$6,010
Dec 2003	0	1,033	30.26	6.30	$6,510
Nov 2003	0	975	28.80	4.60	$4,480
Oct 2003	0	965	28.17	4.76	$4,593
Sep 2003	0	1,102	26.31	4.75	$5,234
Aug 2003	0	1,023	29.76	5.13	$5,248
Jul 2003	0	1,000	29.41	5.17	$5,171
Jun 2003	0	1,078	28.56	5.98	$6,450
May 2003	0	1,108	26.59	5.97	$6,618
Apr 2003	0	1,089	26.67	5.41	$5,889
Mar 2003	0	1,019	31.14	6.10	$6,212
Feb 2003	0	857	33.48	7.93	$6,792
Jan 2003	0	860	30.31	5.58	$4,801
Dec 2002	0	1,178	26.91	4.85	$5,718
Nov 2002	0	1,148	24.66	4.14	$4,749
Oct 2002	0	1,249	26.46	4.23	$5,282
Sep 2002	0	1,178	27.44	3.64	$4,282
Aug 2002	0	1,197	25.96	3.16	$3,788
Jul 2002	0	1,202	24.58	3.06	$3,680
Jun 2002	0	1,251	23.73	3.34	$4,176
May 2002	0	1,181	24.66	3.58	$4,233
Apr 2002	0	1,232	23.65	3.51	$4,327
Mar 2002	0	1,289	22.00	3.10	$3,999
Feb 2002	0	1,121	18.22	2.38	$2,663
Jan 2002	0	1,351	17.17	2.38	$3,210
Dec 2001	0	1,321	16.93	2.36	$3,123
Nov 2001	0	362	18.07	2.41	$871
Oct 2001	0	1,249	19.78	2.53	$3,159
Sep 2001	0	1,240	24.26	2.25	$2,792
Aug 2001	0	1,290	24.87	3.05	$3,939
Jul 2001	0	1,267	23.93	3.20	$4,051
Jun 2001	0	1,249	24.56	3.82	$4,776
May 2001	0	1,323	25.52	4.31	$5,699
Apr 2001	0	1,226	24.68	5.34	$6,541
Mar 2001	0	1,290	24.54	5.38	$6,936
Feb 2001	0	1,177	27.75	5.77	$6,788
Jan 2001	0	1,324	27.47	8.40	$11,120
Dec 2000	0	1,287	26.88	9.12	$11,741
Nov 2000	0	1,296	32.21	5.66	$7,333
Oct 2000	0	1,370	31.23	5.15	$7,049
Sep 2000	0	1,292	31.87	5.19	$6,701
Aug 2000	0	1,435	29.64	4.54	$6,516
Jul 2000	0	1,461	28.53	4.09	$5,975
Jun 2000	0	1,410	29.30	4.40	$6,200
May 2000	0	1,449	27.26	3.68	$5,332
Apr 2000	145	1,367	24.51	3.12	$7,814
Mar 2000	0	1,357	28.42	2.86	$3,881
Feb 2000	0	1,362	27.62	2.73	$3,713
Jan 2000	0	1,474	25.27	2.48	$3,656
Dec 1999	0	1,404	24.28	2.42	$3,403
Nov 1999	0	1,431	23.19	2.43	$3,483
Oct 1999	0	1,531	20.98	2.80	$4,292
Sep 1999	0	1,515	21.75	2.62	$3,968
Aug 1999	0	1,536	19.26	2.88	$4,417
Jul 1999	0	1,562	17.89	2.37	$3,706
Jun 1999	0	1,662	15.94	2.36	$3,926
May 1999	0	1,552	15.79	2.32	$3,602
Apr 1999	0	1,490	15.10	2.21	$3,290
Mar 1999	0	1,534	12.47	1.84	$2,820
Feb 1999	0	1,490	9.98	1.82	$2,709
Jan 1999	0	1,489	10.38	1.90	$2,829
Dec 1998	0	1,527	9.20	1.77	$2,708
Nov 1998	0	1,534	10.89	2.19	$3,353
Oct 1998	0	1,601	12.42	1.97	$3,153
Sep 1998	0	1,553	12.59	2.08	$3,234
Aug 1998	0	1,672	11.30	1.91	$3,189
Jul 1998	0	1,613	11.74	2.24	$3,609
Jun 1998	0	1,604	11.24	2.24	$3,589
May 1998	0	1,657	12.62	2.21	$3,656
Apr 1998	0	1,922	13.04	2.51	$4,815
Mar 1998	3	1,651	12.80	2.31	$3,851
Feb 1998	0	1,522	13.95	2.30	$3,499
Jan 1998	0	1,823	14.70	2.15	$3,928
Dec 1997	13	1,925	16.32	2.41	$4,854
Nov 1997	0	1,982	18.19	3.09	$6,121
Oct 1997	0	2,164	19.25	3.15	$6,816
Sep 1997	0	2,190	17.74	2.95	$6,471
Aug 1997	0	2,376	17.86	2.55	$6,070
Jul 1997	0	2,112	17.58	2.25	$4,746
Jun 1997	0	2,039	17.24	2.26	$4,602
May 1997	0	2,135	18.97	2.31	$4,929
Apr 1997	0	2,051	17.88	2.08	$4,272
Mar 1997	0	2,223	18.95	1.94	$4,311
Feb 1997	0	2,054	20.49	2.21	$4,531
Jan 1997	0	2,235	23.48	3.54	$7,911
Dec 1996	0	2,421	23.32	—	$0
Nov 1996	0	2,621	21.97	—	$0
Oct 1996	0	3,272	23.31	—	$0
Sep 1996	0	725	22.22	—	$0
Aug 1996	0	1,755	20.26	—	$0
Jul 1996	0	1,829	19.55	—	$0
Jun 1996	0	2,442	18.73	—	$0
May 1996	0	2,162	19.43	—	$0
Apr 1996	0	1,801	21.51	—	$0
Mar 1996	0	2,513	19.38	—	$0
Feb 1996	0	2,423	16.98	—	$0
Jan 1996	0	2,384	17.07	—	$0
Dec 1995	0	3,109	17.19	—	$0
Nov 1995	0	3,094	16.00	—	$0
Oct 1995	0	3,627	15.43	—	$0
Sep 1995	0	1,036	16.18	—	$0
Aug 1995	0	1,278	15.92	—	$0
Jul 1995	0	1,432	15.24	—	$0
Jun 1995	0	1,461	16.41	—	$0
May 1995	0	1,511	17.56	—	$0
Apr 1995	0	1,520	17.73	—	$0
Mar 1995	132	1,696	16.44	—	$2,170
Feb 1995	0	1,475	16.58	—	$0
Jan 1995	0	1,637	15.92	—	$0
Dec 1994	0	1,597	15.03	—	$0
Nov 1994	0	1,618	15.90	—	$0
Oct 1994	0	2,170	15.58	—	$0
Sep 1994	0	2,649	15.29	—	$0
Aug 1994	0	3,009	16.13	—	$0
Jul 1994	0	3,447	17.56	—	$0
Jun 1994	0	3,052	17.09	—	$0
May 1994	0	2,488	15.88	—	$0
Apr 1994	0	2,480	14.14	—	$0
Mar 1994	0	1,484	12.46	—	$0
Feb 1994	0	1,951	12.50	—	$0
Jan 1994	0	2,525	12.66	—	$0
Dec 1993	0	2,180	12.33	—	$0
Nov 1993	0	1,724	14.49	—	$0
Oct 1993	0	2,990	15.85	—	$0
Sep 1993	0	2,914	15.03	—	$0
Aug 1993	65	2,869	15.66	—	$1,018
Jul 1993	0	2,810	15.46	—	$0
Jun 1993	0	3,822	16.79	—	$0
May 1993	0	3,304	17.68	—	$0
Apr 1993	0	2,907	18.05	—	$0
Mar 1993	0	2,697	18.14	—	$0
Feb 1993	91	1,896	17.90	—	$1,629
Jan 1993	0	2,858	16.93	—	$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 2012 — as filed, then multipliedworked

Condensate             0 bbl  × $ 91.61 =         $0
Gas                    4 Mcf  × $  2.49 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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. 09/G/126490 is the state's own key, not one this site invented.