SMITH, JOE H.

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) 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 99687District 09Field 10574520NGPA filingCondensateGasSaveExport
Value, all time
$823 k
Jan 1993 – Oct 2014
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
262
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.

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
NGPA2none

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
CondensateDisposition1,999 bbl$92,418
GasProduction230,061 Mcf$730,961
Total$823,380

78,239 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 33.3405, -97.8371. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.34054, -97.83706 · 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
6,000 ft
1 wells filed one
Completion to plug
32.5 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 6,000 ft.

Completions filed
Apr 1982
1 of 1 wells
Plug dates filed
Oct 2014
1 of 1 wells

Last completion to plug: a median of 32.5 years across the 1 well that filed both dates, with the middle half between 32.5 years and 32.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973234726,000 ftApr 1982Oct 2014Yes

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 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20141195.944.81$101
Mar 201427095.895.06$2,589
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013055788.853.74$2,082
Oct 2013064597.423.78$2,438
Sep 20130692104.113.72$2,573
Aug 20130750104.253.52$2,642
Jul 201366855102.523.72$9,945
Jun 2013085794.403.93$3,371
May 2013089794.834.15$3,722
Apr 2013077293.964.28$3,306
Mar 2013078393.623.91$3,064
Feb 2013067191.233.42$2,295
Jan 2013075791.603.42$2,589
Dec 2012086686.773.42$2,962
Nov 2012046586.953.62$1,686
Oct 2012044489.383.40$1,509
Sep 2012074594.672.92$2,174
Aug 2012054092.662.91$1,570
Jul 2012062285.133.02$1,879
Jun 20121774979.822.52$3,244
May 2012062991.612.49$1,565
Apr 20120811101.652.00$1,619
Mar 201276761105.052.22$9,675
Feb 20120730101.102.57$1,876
Jan 2012081798.092.73$2,234
Dec 2011057696.873.24$1,866
Nov 2011072295.723.31$2,391
Oct 2011068384.983.65$2,492
Sep 2011049583.623.99$1,973
Aug 2011039083.404.15$1,618
Jul 2011071194.144.52$3,212
Jun 2011044792.904.64$2,074
May 2011265698.134.40$3,086
Apr 201167633105.964.33$9,842
Mar 2011083096.364.06$3,368
Feb 2011044285.644.18$1,848
Jan 2011070186.504.59$3,217
Dec 2010076885.734.35$3,339
Nov 2010069280.843.80$2,626
Oct 2010069678.103.51$2,442
Sep 2010081772.633.98$3,251
Aug 2010071173.684.42$3,142
Jul 2010053072.554.74$2,510
Jun 2010173170.364.91$3,660
May 2010976871.124.24$3,893
Apr 20107765581.694.12$8,990
Mar 2010067378.394.39$2,954
Feb 2010066373.585.44$3,608
Jan 2010074974.365.96$4,467
Dec 2009076171.445.48$4,173
Nov 2009075474.593.75$2,829
Oct 2009079072.544.11$3,247
Sep 2009076565.543.06$2,345
Aug 2009082267.423.22$2,646
Jul 2009885761.133.46$3,458
Jun 20095774366.163.90$6,665
May 200903954.743.93$153
Apr 2009072446.773.59$2,597
Mar 2009068342.144.06$2,772
Feb 2009066832.814.63$3,095
Jan 2009181335.865.37$4,402
Dec 2008568737.105.98$4,292
Nov 20081180155.496.86$6,106
Oct 20082979575.246.92$7,685
Sep 20080759101.767.88$5,979
Aug 20080766114.228.48$6,498
Jul 20080477131.0811.39$5,433
Jun 20080665131.3313.03$8,667
May 20080732123.1711.57$8,472
Apr 20080748110.3110.45$7,820
Mar 20080722101.909.66$6,977
Feb 2008069592.538.77$6,096
Jan 200816871290.388.21$21,026
Dec 2007075388.337.30$5,498
Nov 2007072591.677.29$5,286
Oct 2007076382.856.92$5,281
Sep 2007075175.846.24$4,689
Aug 2007078169.066.39$4,989
Jul 2007079570.906.39$5,078
Jun 2007075662.007.55$5,707
May 2007077258.747.85$6,057
Apr 2007073659.617.81$5,745
Mar 2007074056.927.30$5,403
Feb 2007069855.108.22$5,735
Jan 2007080450.306.73$5,408
Dec 2006075656.656.92$5,230
Nov 2006068454.207.62$5,210
Oct 2006080154.906.01$4,817
Sep 2006079960.085.04$4,025
Aug 2006078468.717.34$5,755
Jul 20060069.376.34$0
Jun 2006075866.286.38$4,839
May 2006082766.016.42$5,313
Apr 2006071664.397.36$5,270
Mar 2006068756.707.08$4,866
Feb 200613275357.597.75$13,438
Jan 2006070660.598.93$6,307
Dec 2005072354.9413.42$9,699
Nov 2005078454.6910.59$8,301
Oct 2005085658.3413.80$11,809
Sep 2005070061.4512.08$8,455
Aug 2005085461.519.80$8,367
Jul 2005090455.697.84$7,091
Jun 2005060252.337.38$4,443
May 2005083245.226.65$5,534
Apr 2005062149.207.36$4,571
Mar 2005074050.377.15$5,295
Feb 2005065545.226.31$4,134
Jan 2005066543.166.32$4,204
Dec 2004078439.866.75$5,293
Nov 200415978245.286.33$12,150
Oct 2004079249.706.52$5,160
Sep 2004083443.245.28$4,407
Aug 2004087442.375.55$4,851
Jul 2004083438.286.08$5,074
Jun 2004063636.106.43$4,091
May 2004068737.486.49$4,462
Apr 2004085734.475.86$5,021
Mar 2004079634.365.53$4,402
Feb 2004079932.455.51$4,402
Jan 2004088332.036.30$5,563
Dec 2003095230.266.30$5,999
Nov 2003081928.804.60$3,763
Oct 200301,14028.174.76$5,426
Sep 2003042726.314.75$2,028
Aug 2003052529.765.13$2,693
Jul 2003086729.415.17$4,483
Jun 2003095828.565.98$5,732
May 2003090626.595.97$5,411
Apr 2003081626.675.41$4,412
Mar 2003069231.146.10$4,218
Feb 2003045833.487.93$3,630
Jan 200311274430.315.58$7,548
Dec 200201,09126.914.85$5,295
Nov 2002049824.664.14$2,060
Oct 2002045926.464.23$1,941
Sep 2002045027.443.64$1,636
Aug 2002062825.963.16$1,987
Jul 2002076224.583.06$2,333
Jun 2002070223.733.34$2,343
May 2002082824.663.58$2,968
Apr 2002057723.653.51$2,027
Mar 2002066422.003.10$2,060
Feb 2002063818.222.38$1,516
Jan 2002065317.172.38$1,551
Dec 2001091816.932.36$2,171
Nov 2001056118.072.41$1,350
Oct 2001074019.782.53$1,871
Sep 2001093624.262.25$2,107
Aug 2001050124.873.05$1,530
Jul 2001075123.933.20$2,401
Jun 2001080124.563.82$3,063
May 2001084825.524.31$3,653
Apr 2001080724.685.34$4,306
Mar 2001090124.545.38$4,844
Feb 200115681727.755.77$9,041
Jan 2001091927.478.40$7,718
Dec 2000070626.889.12$6,440
Nov 2000090832.215.66$5,137
Oct 2000092331.235.15$4,749
Sep 2000096531.875.19$5,005
Aug 2000097029.644.54$4,405
Jul 2000094128.534.09$3,848
Jun 2000087529.304.40$3,848
May 2000078927.263.68$2,903
Apr 2000088824.513.12$2,767
Mar 2000094528.422.86$2,702
Feb 2000095027.622.73$2,590
Jan 200001,08325.272.48$2,686
Dec 1999086924.282.42$2,106
Nov 199901,04823.192.43$2,551
Oct 199901,08920.982.80$3,053
Sep 19991161,00821.752.62$5,163
Aug 199901,11419.262.88$3,203
Jul 199901,10217.892.37$2,614
Jun 1999049115.942.36$1,160
May 1999056415.792.32$1,309
Apr 1999045115.102.21$996
Mar 1999053012.471.84$974
Feb 199904629.981.82$840
Jan 1999053110.381.90$1,009
Dec 199805439.201.77$963
Nov 1998054110.892.19$1,182
Oct 1998058912.421.97$1,160
Sep 1998059312.592.08$1,235
Aug 1998056311.301.91$1,074
Jul 1998061311.742.24$1,371
Jun 1998057111.242.24$1,277
May 199815558412.622.21$3,245
Apr 1998057113.042.51$1,431
Mar 1998051812.802.31$1,196
Feb 1998050513.952.30$1,161
Jan 1998058514.702.15$1,261
Dec 1997057416.322.41$1,384
Nov 1997058718.193.09$1,813
Oct 1997061519.253.15$1,937
Sep 199701,24117.742.95$3,667
Aug 199701,34417.862.55$3,434
Jul 199701,29817.582.25$2,917
Jun 199701,11717.242.26$2,521
May 199701,24718.972.31$2,879
Apr 199701,26417.882.08$2,633
Mar 199701,30818.951.94$2,536
Feb 199701,20820.492.21$2,665
Jan 19971331,31523.483.54$7,778
Dec 199601,35223.32$0
Nov 199601,31721.97$0
Oct 199601,41623.31$0
Sep 199601,37722.22$0
Aug 199601,45720.26$0
Jul 199601,38319.55$0
Jun 199601,37918.73$0
May 199601,46119.43$0
Apr 199601,34321.51$0
Mar 199601,39619.38$0
Feb 199601,33216.98$0
Jan 199601,40217.07$0
Dec 199501,41617.19$0
Nov 199501,44016.00$0
Oct 199501,55315.43$0
Sep 199501,59916.18$0
Aug 19951191,51415.92$1,894
Jul 199501,53815.24$0
Jun 199501,44116.41$0
May 199501,66417.56$0
Apr 199501,45917.73$0
Mar 199501,42016.44$0
Feb 199501,47416.58$0
Jan 199501,60015.92$0
Dec 199401,60415.03$0
Nov 199401,57815.90$0
Oct 199401,66715.58$0
Sep 199401,65215.29$0
Aug 199401,65016.13$0
Jul 199401,69817.56$0
Jun 199401,59717.09$0
May 19941361,72515.88$2,160
Apr 199401,67714.14$0
Mar 199401,75212.46$0
Feb 199401,56112.50$0
Jan 199401,79812.66$0
Dec 199301,71212.33$0
Nov 199301,85814.49$0
Oct 199301,89715.85$0
Sep 199301,82915.03$0
Aug 199302,00815.66$0
Jul 199302,09215.46$0
Jun 199342,10016.79$67
May 199302,02517.68$0
Apr 199302,05018.05$0
Mar 199302,03818.14$0
Feb 199301,88217.90$0
Jan 19931552,05616.93$2,624

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.

Apr 2014 — as filed, then multipliedworked
Condensate             1 bbl  × $ 95.94 =        $96
Gas                    1 Mcf  × $  4.81 =         $5

────────────────────────────────────────────────────
Month total                                     $101

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/99687 is the state's own key, not one this site invented.