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 264571District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.3 M
Jun 2009 – May 2026
Value, last 12 filed months
$280 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 Gas112013-05-01209464
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
CondensateDisposition3,817 bbl$304,376
GasProduction2,361,275 Mcf$7,963,169
Total$8,267,545

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 33.3110, -97.6616. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.31098, -97.66156 · 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
7,061 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 7,061 ft.

Completions filed
Feb 2009
1 of 1 wells

1 well

42-497367921H7,061 ftFeb 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 202607,026106.413.05$21,400
Apr 202604,67198.932.87$13,404
Mar 202606,87989.753.15$21,665
Feb 2026965,44563.503.75$26,516
Jan 202603,94759.138.00$31,568
Dec 202504,63956.664.41$20,474
Nov 202504,63958.593.93$18,215
Oct 202506,98759.383.30$23,091
Sep 202507,38562.743.08$22,723
Aug 202507,63463.933.01$23,015
Jul 202507,86466.743.32$26,071
Jun 2025938,06866.483.13$31,425
May 202508,29260.553.23$26,802
Apr 202507,61462.363.54$26,977
Mar 202508,35767.704.27$35,670
Feb 202505,97570.884.34$25,937
Jan 202507,23574.324.28$30,956
Dec 202408,11368.993.12$25,324
Nov 202407,74169.052.20$17,018
Oct 202408,04571.372.28$18,354
Sep 202408,05769.612.36$19,050
Aug 2024010,58075.632.06$21,833
Jul 202409,52879.932.15$20,453
Jun 202408,97678.082.63$23,643
May 202409,83978.812.20$21,630
Apr 2024979,51784.451.66$23,982
Mar 202409,07080.301.55$14,014
Feb 202409,90876.091.78$17,672
Jan 202409,35873.023.30$30,860
Dec 202301,46671.262.61$3,827
Nov 202301,46677.892.81$4,116
Oct 2023056985.443.09$1,757
Sep 202301,85689.042.74$5,076
Aug 2023084180.522.67$2,248
Jul 202301,31374.852.64$3,469
Jun 202301,99068.962.26$4,494
May 202302,68370.622.23$5,976
Apr 202309,26378.122.24$20,728
Mar 202309,74472.852.39$23,319
Feb 2023015,35475.112.47$37,858
Jan 2023017,45776.533.39$59,139
Dec 202206,91276.415.73$39,599
Nov 202202,23585.005.65$12,619
Oct 202202,23587.185.86$13,106
Sep 202207,68084.888.16$62,697
Aug 2022010,97794.529.13$100,189
Jul 202209,317101.587.54$70,270
Jun 202209,130115.097.98$72,832
May 202209,108109.378.43$76,808
Apr 20221859,188104.226.84$82,105
Mar 202209,784108.885.08$49,668
Feb 202209,19391.054.86$44,667
Jan 202209,90681.844.54$44,950
Dec 202109,63471.323.90$37,564
Nov 202109,49377.435.24$49,713
Oct 202109,53379.795.71$54,470
Sep 202109,65669.865.35$51,668
Aug 2021010,12666.024.22$42,738
Jul 2021010,29870.783.98$41,007
Jun 202109,90669.493.38$33,488
May 2021010,28163.483.02$31,025
Apr 202109,81060.362.76$27,060
Mar 2021010,18761.302.72$27,677
Feb 202108,42657.805.55$46,747
Jan 2021010,39050.412.81$29,199
Dec 2020010,82544.642.68$28,962
Nov 2020010,50938.772.71$28,443
Oct 2020010,89436.972.48$27,000
Sep 2020010,56537.091.99$21,035
Aug 2020010,94939.982.39$26,114
Jul 2020011,01738.371.83$20,107
Jun 2020010,53734.901.69$17,811
May 2020011,20116.921.81$20,327
Apr 2020010,99214.751.80$19,834
Mar 2020011,37530.341.86$21,115
Feb 2020011,12549.881.98$22,035
Jan 2020012,11957.252.09$25,386
Dec 2019012,24459.012.30$28,215
Nov 2019011,94055.302.75$32,843
Oct 2019012,38753.472.42$29,958
Sep 2019012,05755.052.66$32,039
Aug 2019012,99353.112.30$29,941
Jul 2019013,00256.272.46$31,986
Jun 2019012,88352.782.49$32,094
May 2019013,66458.482.74$37,444
Apr 2019013,61262.632.75$37,443
Mar 2019013,41756.803.06$41,084
Feb 2019011,19450.852.79$31,256
Jan 2019011,26146.033.23$36,353
Dec 2018011,36546.594.19$47,568
Nov 2018011,39952.934.24$48,300
Oct 2018011,35861.443.40$38,595
Sep 2018011,89559.543.11$36,970
Aug 2018011,71759.403.07$35,931
Jul 2018011,79565.142.93$34,582
Jun 2018012,03260.183.08$37,022
May 2018012,59965.382.90$36,547
Apr 2018011,90063.842.90$34,520
Mar 2018012,12661.222.79$33,793
Feb 2018010,67061.782.77$29,515
Jan 2018012,69462.874.01$50,894
Dec 2017012,64357.272.92$36,937
Nov 2017012,70155.423.12$39,606
Oct 201718012,92549.292.98$47,436
Sep 2017012,67047.523.09$39,116
Aug 2017013,01345.373.00$39,096
Jul 2017012,57943.873.09$38,835
Jun 2017012,33242.493.09$38,072
May 2017012,92345.373.26$42,173
Apr 2017012,92347.933.21$41,504
Mar 2017013,33446.772.98$39,784
Feb 2017011,76350.452.95$34,731
Jan 2017013,14749.413.42$44,947
Dec 2016013,36048.763.72$49,737
Nov 2016012,96942.492.64$34,295
Oct 2016013,46746.193.09$41,617
Sep 2016013,59641.553.10$42,156
Aug 2016015,09441.442.92$44,140
Jul 2016015,37041.622.92$44,947
Jun 2016014,42345.352.69$38,738
May 2016016,20442.521.99$32,263
Apr 201612814,31136.561.99$33,173
Mar 2016015,88433.011.79$28,496
Feb 2016014,73126.472.06$30,399
Jan 2016016,10927.352.36$38,087
Dec 2015016,81232.362.00$33,648
Nov 2015011,05238.792.17$23,953
Oct 201509,75543.552.43$23,671
Sep 2015010,40342.992.76$28,696
Aug 2015017,20140.162.87$49,410
Jul 2015011,20948.152.95$33,011
Jun 2015011,44056.152.88$32,980
May 2015010,57655.212.96$31,257
Apr 201507,88449.822.71$21,339
Mar 201506,53342.892.93$19,172
Feb 201507,47644.662.98$22,250
Jan 201507,39243.433.10$22,920
Dec 201408,34854.693.59$29,981
Nov 201408,45370.464.25$35,941
Oct 201408,27178.303.90$32,265
Sep 201406,08286.164.05$24,604
Aug 2014010,54989.394.04$42,566
Jul 201415811,98996.564.18$65,366
Jun 2014011,68398.164.74$55,341
May 2014012,36994.734.73$58,463
Apr 2014012,34795.944.81$59,378
Mar 2014011,45795.895.06$57,936
Feb 2014011,84097.406.19$73,313
Jan 2014013,52590.404.86$65,741
Dec 2013012,87591.824.35$56,064
Nov 2013013,34688.853.74$49,891
Oct 2013013,83697.423.78$52,291
Sep 2013014,346104.113.72$53,335
Aug 2013016,034104.253.52$56,482
Jul 2013016,034102.523.72$59,610
Jun 201318615,88394.403.93$80,033
May 2013017,44694.834.15$72,385
Apr 2013017,97593.964.28$76,980
Mar 2013018,96593.623.91$74,208
Feb 2013017,88091.233.42$61,148
Jan 2013020,69391.603.42$70,768
Dec 2012022,38686.773.42$76,564
Nov 201217622,84086.953.62$98,097
Oct 2012024,49589.383.40$83,275
Sep 2012024,94494.672.92$72,797
Aug 2012026,55592.662.91$77,226
Jul 201217628,36185.133.02$100,656
Jun 2012028,78379.822.52$72,506
May 2012031,13991.612.49$77,484
Apr 201218332,194101.652.00$82,887
Mar 2012033,161105.052.22$73,686
Feb 201218032,905101.102.57$102,772
Jan 201234539,88398.092.73$142,884
Dec 20110096.873.24$0
Nov 201107,34395.723.31$24,315
Oct 201109,07084.983.65$33,092
Sep 201107,83783.623.99$31,237
Aug 201108,64383.404.15$35,863
Jul 201128,27294.144.52$37,555
Jun 201158,24092.904.64$38,697
May 201158,55998.134.40$38,192
Apr 201167,772105.964.33$34,314
Mar 201166,36296.364.06$26,391
Feb 2011105,91685.644.18$25,585
Jan 20111916,55086.504.59$46,578
Dec 2010117,50485.734.35$33,569
Nov 201003,90880.843.80$14,832
Oct 201003,43878.103.51$12,064
Sep 201002,78172.633.98$11,067
Aug 201006,66273.684.42$29,442
Jul 2010010,43472.554.74$49,421
Jun 2010010,96670.364.91$53,847
May 2010011,91071.124.24$50,441
Apr 201016513,47081.694.12$69,011
Mar 2010014,85278.394.39$65,181
Feb 2010013,49173.585.44$73,423
Jan 201018311,42774.365.96$81,760
Dec 2009012,67671.445.48$69,512
Nov 200917913,67774.593.75$64,661
Oct 2009015,53772.544.11$63,861
Sep 200918015,55565.543.06$59,469
Aug 200934620,06667.423.22$87,910
Jul 200934526,95561.133.46$114,475
Jun 2009012,21866.163.90$47,589

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                7,026 Mcf  × $  3.05 =    $21,400

────────────────────────────────────────────────────
Month total                                  $21,400

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/264571 is the state's own key, not one this site invented.