SMITH UNIT

Operated by MCCUTCHIN PETROLEUM CORPORATION (P-5 544550) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 264295District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Jun 2009 – May 2026
Value, last 12 filed months
$290 k
at the published price for each month
Months reported
204
no gaps in the span
Streams
2
condensate, 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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112012-10-26207284
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition3,331 bbl$245,800
GasProduction1,084,056 Mcf$3,987,285
Total$4,233,086

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 33.3098, -97.6620. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.30977, -97.66201 · 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
7,087 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 7,087 ft.

Completions filed
Jul 2009
1 of 1 wells

1 well

42-497367842H7,087 ftJul 2009

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 (204)

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

204 months

May 202606,147106.413.05$18,723
Apr 202609,28998.932.87$26,657
Mar 202603,76789.753.15$11,864
Feb 2026964,00163.503.75$21,101
Jan 202608,24759.138.00$65,959
Dec 202506,61956.664.41$29,212
Nov 202506,61958.593.93$25,989
Oct 202502,64859.383.30$8,751
Sep 202505,92162.743.08$18,218
Aug 202506,26763.933.01$18,894
Jul 202506,25466.743.32$20,733
Jun 2025925,57066.483.13$23,543
May 202505,73960.553.23$18,550
Apr 202506,39562.363.54$22,658
Mar 202506,66667.704.27$28,453
Feb 202505,97470.884.34$25,932
Jan 202507,23574.324.28$30,956
Dec 202408,11468.993.12$25,327
Nov 20241647,92069.052.20$28,736
Oct 202408,02871.372.28$18,315
Sep 202408,05669.612.36$19,047
Aug 202403,77075.632.06$7,780
Jul 202407,79679.932.15$16,735
Jun 202408,00278.082.63$21,077
May 202408,55978.812.20$18,816
Apr 20241008,26684.451.66$22,160
Mar 2024010,02180.301.55$15,484
Feb 202408,90376.091.78$15,880
Jan 2024011,81673.023.30$38,965
Dec 202317615,12571.262.61$52,029
Nov 2023015,12577.892.81$42,464
Oct 2023016,41885.443.09$50,687
Sep 2023015,04989.042.74$41,160
Aug 2023016,79480.522.67$44,888
Jul 2023017,05574.852.64$45,056
Jun 2023015,70668.962.26$35,472
May 202317716,62970.622.23$49,539
Apr 202308,64278.122.24$19,339
Mar 202309,89272.852.39$23,673
Feb 202302,04675.112.47$5,045
Jan 202301,54376.533.39$5,227
Dec 202209,93276.415.73$56,901
Nov 202203,78685.005.65$21,377
Oct 202203,78687.185.86$22,200
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 201650036.561.99$1,828
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014012,03354.693.59$43,215
Nov 2014011,26970.464.25$47,914
Oct 2014011,89078.303.90$46,382
Sep 2014012,90386.164.05$52,198
Aug 2014012,02289.394.04$48,510
Jul 201418711,53396.564.18$66,260
Jun 2014011,00198.164.74$52,110
May 2014011,52694.734.73$54,478
Apr 2014011,20795.944.81$53,896
Mar 2014012,77995.895.06$64,621
Feb 201409,85497.406.19$61,016
Jan 2014011,98790.404.86$58,265
Dec 2013011,83091.824.35$51,514
Nov 2013011,74188.853.74$43,891
Oct 2013012,38597.423.78$46,807
Sep 2013012,204104.113.72$45,371
Aug 2013013,054104.253.52$45,984
Jul 2013013,054102.523.72$48,531
Jun 2013012,83194.403.93$50,470
May 2013013,33194.834.15$55,311
Apr 201317712,64393.964.28$70,776
Mar 2013013,03193.623.91$50,989
Feb 2013010,35891.233.42$35,423
Jan 2013011,86091.603.42$40,560
Dec 2012011,63486.773.42$39,790
Nov 2012011,35186.953.62$41,147
Oct 2012011,55089.383.40$39,266
Sep 2012010,64694.672.92$31,069
Aug 2012010,65292.662.91$30,978
Jul 201209,90485.133.02$29,918
Jun 20121688,75879.822.52$35,472
May 201208,18591.612.49$20,367
Apr 201206,036101.652.00$12,053
Mar 201206,154105.052.22$13,675
Feb 201203,621101.102.57$9,307
Jan 201201,45898.092.73$3,986
Dec 20110096.873.24$0
Nov 201107,34395.723.31$24,315
Oct 201109,06984.983.65$33,089
Sep 201107,83683.623.99$31,233
Aug 201108,64283.404.15$35,858
Jul 201108,27394.144.52$37,371
Jun 20111818,23992.904.64$55,043
May 201108,55998.134.40$37,701
Apr 201107,771105.964.33$33,674
Mar 201106,36196.364.06$25,809
Feb 201105,91685.644.18$24,729
Jan 201106,54986.504.59$30,052
Dec 20101587,50485.734.35$46,171
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201007,25073.684.42$32,040
Jul 2010012,25672.554.74$58,050
Jun 2010011,24170.364.91$55,198
May 2010011,72771.124.24$49,666
Apr 201018111,12181.694.12$60,634
Mar 2010013,17078.394.39$57,799
Feb 2010017,06373.585.44$92,863
Jan 2010014,60174.365.96$87,082
Dec 200918415,05371.445.48$95,692
Nov 2009021,04274.593.75$78,939
Oct 200918123,01772.544.11$107,735
Sep 200936022,54065.543.06$92,674
Aug 200917622,76267.423.22$85,125
Jul 200952323,40961.133.46$113,071
Jun 200907,33066.163.90$28,550

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
Condensate             0 bbl  × $106.41 =         $0
Gas                6,147 Mcf  × $  3.05 =    $18,723

────────────────────────────────────────────────────
Month total                                  $18,723

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/264295 is the state's own key, not one this site invented.