SMITH, C. M. ET AL

Name: SMITH, C. M. ET AL lease production and value, May 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the ALVORD, SOUTH (CADDO LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28597District 09Field 02148830OilCasinghead gasSave Export

Value, all time

$616 k

May 1993 – May 2005

Value, last 12 filed months

$51 k

at the published price for each month

Months reported

145

no gaps in the span

Streams

oil, casinghead gas

The ALVORD, SOUTH (CADDO LIME) 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 13 leases and 14 wells, and the rule below applies to all of them.

Discovered

1962-05-07

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 40 acres. The field rule took effect on 1998-05-08.

The Commission's schedule remark for this field reads: “EFFECTIVE 8/1/78 PER SPEC ORDER 9-69,013”

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
Oil	Disposition	22,100 bbl	$395,997
Casinghead gas	Production	92,473 Mcf	$220,351
Total			$616,348

36,642 Mcf of this lease's gas, across 42 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 33.3459, -97.6638. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.34587, -97.66382 · 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

0.0%

0 of 1 wells

Median depth

6,300 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

1100.0%

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.

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 6,300 ft.

Completions filed

Mar 2005

1 of 1 wells

1 well


42-49731102	2	6,300 ft	Mar 2005	—	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 (145)

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

145 months


May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	283	0	50.37	7.15	$14,255
Feb 2005	0	304	45.22	6.31	$1,919
Jan 2005	0	517	43.16	6.32	$3,269
Dec 2004	0	529	39.86	6.75	$3,571
Nov 2004	0	573	45.28	6.33	$3,627
Oct 2004	0	609	49.70	6.52	$3,968
Sep 2004	158	574	43.24	5.28	$9,865
Aug 2004	0	597	42.37	5.55	$3,314
Jul 2004	0	604	38.28	6.08	$3,675
Jun 2004	0	577	36.10	6.43	$3,712
May 2004	0	616	37.48	6.49	$4,001
Apr 2004	153	793	34.47	5.86	$9,920
Mar 2004	0	264	34.36	5.53	$1,460
Feb 2004	0	590	32.45	5.51	$3,251
Jan 2004	0	632	32.03	6.30	$3,981
Dec 2003	171	643	30.26	6.30	$9,226
Nov 2003	0	629	28.80	4.60	$2,890
Oct 2003	0	657	28.17	4.76	$3,127
Sep 2003	0	641	26.31	4.75	$3,044
Aug 2003	169	639	29.76	5.13	$8,307
Jul 2003	0	662	29.41	5.17	$3,423
Jun 2003	0	643	28.56	5.98	$3,847
May 2003	0	665	26.59	5.97	$3,972
Apr 2003	0	635	26.67	5.41	$3,434
Mar 2003	0	638	31.14	6.10	$3,889
Feb 2003	170	574	33.48	7.93	$10,241
Jan 2003	0	640	30.31	5.58	$3,573
Dec 2002	0	648	26.91	4.85	$3,145
Nov 2002	0	636	24.66	4.14	$2,631
Oct 2002	0	674	26.46	4.23	$2,850
Sep 2002	178	660	27.44	3.64	$7,284
Aug 2002	0	685	25.96	3.16	$2,167
Jul 2002	0	676	24.58	3.06	$2,070
Jun 2002	0	648	23.73	3.34	$2,163
May 2002	148	628	24.66	3.58	$5,900
Apr 2002	0	627	23.65	3.51	$2,202
Mar 2002	0	646	22.00	3.10	$2,004
Feb 2002	176	599	18.22	2.38	$4,630
Jan 2002	0	671	17.17	2.38	$1,594
Dec 2001	0	643	16.93	2.36	$1,520
Nov 2001	168	617	18.07	2.41	$4,520
Oct 2001	0	603	19.78	2.53	$1,525
Sep 2001	0	596	24.26	2.25	$1,342
Aug 2001	174	577	24.87	3.05	$6,089
Jul 2001	0	611	23.93	3.20	$1,953
Jun 2001	0	604	24.56	3.82	$2,310
May 2001	174	619	25.52	4.31	$7,107
Apr 2001	0	594	24.68	5.34	$3,169
Mar 2001	172	621	24.54	5.38	$7,560
Feb 2001	0	547	27.75	5.77	$3,155
Jan 2001	0	577	27.47	8.40	$4,846
Dec 2000	172	564	26.88	9.12	$9,768
Nov 2000	0	566	32.21	5.66	$3,202
Oct 2000	175	592	31.23	5.15	$8,511
Sep 2000	0	592	31.87	5.19	$3,070
Aug 2000	0	609	29.64	4.54	$2,765
Jul 2000	160	608	28.53	4.09	$7,051
Jun 2000	0	540	29.30	4.40	$2,375
May 2000	43	583	27.26	3.68	$3,317
Apr 2000	174	574	24.51	3.12	$6,053
Mar 2000	0	563	28.42	2.86	$1,610
Feb 2000	173	514	27.62	2.73	$6,180
Jan 2000	182	547	25.27	2.48	$5,956
Dec 1999	0	527	24.28	2.42	$1,277
Nov 1999	182	513	23.19	2.43	$5,469
Oct 1999	0	574	20.98	2.80	$1,609
Sep 1999	179	541	21.75	2.62	$5,310
Aug 1999	0	577	19.26	2.88	$1,659
Jul 1999	96	593	17.89	2.37	$3,124
Jun 1999	170	749	15.94	2.36	$4,479
May 1999	155	525	15.79	2.32	$3,666
Apr 1999	0	12	15.10	2.21	$27
Mar 1999	0	399	12.47	1.84	$733
Feb 1999	0	530	9.98	1.82	$963
Jan 1999	174	592	10.38	1.90	$2,931
Dec 1998	177	548	9.20	1.77	$2,600
Nov 1998	0	562	10.89	2.19	$1,228
Oct 1998	179	619	12.42	1.97	$3,442
Sep 1998	176	545	12.59	2.08	$3,351
Aug 1998	0	546	11.30	1.91	$1,041
Jul 1998	174	568	11.74	2.24	$3,314
Jun 1998	165	530	11.24	2.24	$3,040
May 1998	0	550	12.62	2.21	$1,213
Apr 1998	170	495	13.04	2.51	$3,457
Mar 1998	169	533	12.80	2.31	$3,394
Feb 1998	177	476	13.95	2.30	$3,564
Jan 1998	176	491	14.70	2.15	$3,645
Dec 1997	0	439	16.32	2.41	$1,058
Nov 1997	174	432	18.19	3.09	$4,499
Oct 1997	179	473	19.25	3.15	$4,936
Sep 1997	168	463	17.74	2.95	$4,348
Aug 1997	173	473	17.86	2.55	$4,298
Jul 1997	174	489	17.58	2.25	$4,158
Jun 1997	177	494	17.24	2.26	$4,167
May 1997	176	545	18.97	2.31	$4,597
Apr 1997	168	554	17.88	2.08	$4,158
Mar 1997	0	531	18.95	1.94	$1,030
Feb 1997	171	489	20.49	2.21	$4,582
Jan 1997	175	550	23.48	3.54	$6,056
Dec 1996	175	485	23.32	—	$4,081
Nov 1996	172	409	21.97	—	$3,779
Oct 1996	167	432	23.31	—	$3,893
Sep 1996	173	429	22.22	—	$3,844
Aug 1996	0	378	20.26	—	$0
Jul 1996	162	408	19.55	—	$3,167
Jun 1996	329	422	18.73	—	$6,162
May 1996	0	595	19.43	—	$0
Apr 1996	158	539	21.51	—	$3,399
Mar 1996	169	630	19.38	—	$3,275
Feb 1996	168	575	16.98	—	$2,853
Jan 1996	167	609	17.07	—	$2,851
Dec 1995	164	616	17.19	—	$2,819
Nov 1995	172	614	16.00	—	$2,752
Oct 1995	154	906	15.43	—	$2,376
Sep 1995	0	622	16.18	—	$0
Aug 1995	335	1,015	15.92	—	$5,333
Jul 1995	147	1,143	15.24	—	$2,240
Jun 1995	165	1,178	16.41	—	$2,708
May 1995	326	1,451	17.56	—	$5,725
Apr 1995	171	1,409	17.73	—	$3,032
Mar 1995	168	1,404	16.44	—	$2,762
Feb 1995	340	1,510	16.58	—	$5,637
Jan 1995	170	1,721	15.92	—	$2,706
Dec 1994	333	1,550	15.03	—	$5,005
Nov 1994	527	1,498	15.90	—	$8,379
Oct 1994	307	1,425	15.58	—	$4,783
Sep 1994	675	1,304	15.29	—	$10,321
Aug 1994	668	1,390	16.13	—	$10,775
Jul 1994	0	124	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	339	650	15.88	—	$5,383
Apr 1994	503	1,196	14.14	—	$7,112
Mar 1994	691	1,197	12.46	—	$8,610
Feb 1994	676	1,056	12.50	—	$8,450
Jan 1994	518	1,051	12.66	—	$6,558
Dec 1993	1,033	1,249	12.33	—	$12,737
Nov 1993	883	1,504	14.49	—	$12,795
Oct 1993	1,326	1,476	15.85	—	$21,017
Sep 1993	0	0	15.03	—	$0
Aug 1993	674	374	15.66	—	$10,555
Jul 1993	167	8	15.46	—	$2,582
Jun 1993	660	4	16.79	—	$11,081
May 1993	341	86	17.68	—	$6,029

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.

Mar 2005 — as filed, then multipliedworked

Oil                  283 bbl  × $ 50.37 =    $14,255
Casinghead gas         0 Mcf  × $  7.15 =         $0

────────────────────────────────────────────────────
Month total                                  $14,255

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/O/28597 is the state's own key, not one this site invented.