SMITH, B. A.

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 29057District 09Field 10574520CondensateGasSaveExport
Value, all time
$344 k
Jan 1993 – Sep 2008
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
189
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 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.

StreamBasisVolumeValue
CondensateDisposition176 bbl$12,451
GasProduction116,670 Mcf$331,501
Total$343,952

25,620 Mcf of this lease's gas, across 44 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 33.1249, -97.8396. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.12490, -97.83962 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,986 ft
1 wells filed one
Completion to plug
54.5 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 5,986 ft.

Completions filed
Mar 1954
1 of 1 wells
Plug dates filed
Sep 2008
1 of 1 wells

Last completion to plug: a median of 54.5 years across the 1 well that filed both dates, with the middle half between 54.5 years and 54.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4970168915,986 ftMar 1954Sep 2008Yes

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 (189)

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

189 months

Sep 200800101.767.88$0
Aug 20089434114.228.48$11,025
Jul 200808131.0811.39$91
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 200606354.207.62$480
Oct 2006015254.906.01$914
Sep 2006011560.085.04$579
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 2005021254.6910.59$2,245
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 200501661.519.80$157
Jul 20050055.697.84$0
Jun 200508452.337.38$620
May 200501345.226.65$86
Apr 2005020149.207.36$1,479
Mar 2005042350.377.15$3,027
Feb 2005037145.226.31$2,342
Jan 2005054843.166.32$3,465
Dec 2004044439.866.75$2,997
Nov 2004077645.286.33$4,912
Oct 2004064649.706.52$4,209
Sep 2004072843.245.28$3,847
Aug 2004063042.375.55$3,497
Jul 2004065038.286.08$3,955
Jun 2004059636.106.43$3,834
May 2004078737.486.49$5,111
Apr 2004087534.475.86$5,126
Mar 2004083434.365.53$4,612
Feb 2004046332.455.51$2,551
Jan 2004071132.036.30$4,479
Dec 2003075730.266.30$4,770
Nov 2003033528.804.60$1,539
Oct 2003085428.174.76$4,065
Sep 2003088326.314.75$4,194
Aug 2003060229.765.13$3,088
Jul 2003032629.415.17$1,686
Jun 2003032728.565.98$1,956
May 2003094526.595.97$5,644
Apr 2003082726.675.41$4,472
Mar 2003063331.146.10$3,859
Feb 2003073033.487.93$5,786
Jan 2003077230.315.58$4,309
Dec 2002076426.914.85$3,708
Nov 2002058724.664.14$2,428
Oct 2002061226.464.23$2,588
Sep 2002090627.443.64$3,293
Aug 2002093625.963.16$2,962
Jul 200201,08624.583.06$3,325
Jun 2002068523.733.34$2,287
May 2002076024.663.58$2,724
Apr 200201,10823.653.51$3,892
Mar 2002059222.003.10$1,837
Feb 2002080618.222.38$1,915
Jan 2002099717.172.38$2,369
Dec 2001053716.932.36$1,270
Nov 2001053218.072.41$1,280
Oct 2001093819.782.53$2,372
Sep 200101,22924.262.25$2,767
Aug 200101,04024.873.05$3,175
Jul 200101,15323.933.20$3,686
Jun 200101,03424.563.82$3,954
May 200101,15825.524.31$4,988
Apr 200101,22724.685.34$6,546
Mar 2001079124.545.38$4,253
Feb 2001046527.755.77$2,682
Jan 2001098227.478.40$8,248
Dec 2000093126.889.12$8,493
Nov 2000076532.215.66$4,328
Oct 2000092031.235.15$4,734
Sep 200001,04131.875.19$5,399
Aug 200001,43929.644.54$6,534
Jul 200001,77628.534.09$7,263
Jun 2000060729.304.40$2,669
May 20000027.263.68$0
Apr 2000011824.513.12$368
Mar 2000056528.422.86$1,616
Feb 2000026327.622.73$717
Jan 2000074225.272.48$1,841
Dec 1999081124.282.42$1,966
Nov 1999091423.192.43$2,225
Oct 199901,41720.982.80$3,973
Sep 1999671,05521.752.62$4,220
Aug 1999034319.262.88$986
Jul 199901,06117.892.37$2,517
Jun 199901,18615.942.36$2,801
May 199901,18115.792.32$2,741
Apr 199901,15215.102.21$2,544
Mar 199901,19212.471.84$2,191
Feb 199901,1259.981.82$2,045
Jan 199901,03310.381.90$1,963
Dec 199801,0109.201.77$1,791
Nov 199801,05010.892.19$2,295
Oct 199801,58912.421.97$3,129
Sep 199801,41712.592.08$2,951
Aug 199801,29011.301.91$2,460
Jul 199801,51111.742.24$3,381
Jun 199801,49611.242.24$3,347
May 199801,46912.622.21$3,241
Apr 199801,32713.042.51$3,325
Mar 199801,84212.802.31$4,254
Feb 199801,73513.952.30$3,989
Jan 199802,17614.702.15$4,689
Dec 199702,71116.322.41$6,536
Nov 1997040118.193.09$1,238
Oct 199702,00819.253.15$6,325
Sep 199701,02817.742.95$3,038
Aug 199701,43817.862.55$3,674
Jul 199702,62017.582.25$5,887
Jun 1997012817.242.26$289
May 199701,04618.972.31$2,415
Apr 1997079417.882.08$1,654
Mar 19970518.951.94$10
Feb 19970320.492.21$7
Jan 199702323.483.54$81
Dec 199608023.32$0
Nov 1996322221.97$66
Oct 1996096323.31$0
Sep 1996091522.22$0
Aug 199601,01020.26$0
Jul 1996083819.55$0
Jun 199601,29118.73$0
May 199601,65519.43$0
Apr 199601,43221.51$0
Mar 199601,22319.38$0
Feb 199601,03516.98$0
Jan 199601,48417.07$0
Dec 199508017.19$0
Nov 1995092516.00$0
Oct 1995086615.43$0
Sep 1995015116.18$0
Aug 1995948015.92$143
Jul 1995071115.24$0
Jun 1995055416.41$0
May 1995091217.56$0
Apr 1995053617.73$0
Mar 1995041716.44$0
Feb 1995049116.58$0
Jan 1995032515.92$0
Dec 1994053115.03$0
Nov 1994036315.90$0
Oct 1994032415.58$0
Sep 1994012215.29$0
Aug 199407716.13$0
Jul 1994042917.56$0
Jun 1994016217.09$0
May 19943015.88$48
Apr 19940014.14$0
Mar 19940012.46$0
Feb 1994010012.50$0
Jan 1994025612.66$0
Dec 199301812.33$0
Nov 1993027414.49$0
Oct 1993017115.85$0
Sep 19930015.03$0
Aug 199307315.66$0
Jul 1993010915.46$0
Jun 1993046916.79$0
May 1993086217.68$0
Apr 1993077818.05$0
Mar 1993064918.14$0
Feb 1993062517.90$0
Jan 1993063216.93$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.

Aug 2008 — as filed, then multipliedworked
Condensate            94 bbl  × $114.22 =    $10,737
Gas                   34 Mcf  × $  8.48 =       $288

────────────────────────────────────────────────────
Month total                                  $11,025

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/29057 is the state's own key, not one this site invented.