SMITH, LESTER

Operated by W T X CAPITAL INVESTMENTS, LLC (P-5 888560) in the JACK COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28986District 09Field 45274001OilCasinghead gasSaveExport
Value, all time
$1.5 M
May 1995 – May 2026
Value, last 12 filed months
$62 k
at the published price for each month
Months reported
373
no gaps in the span
Streams
2
oil, casinghead 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 1,235 leases and 3,090 wells, and the rule below applies to all of them.

Discovered
1915-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: 49B DAILY RATE= 76 MCF

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
OilDisposition30,173 bbl$1,468,075
Casinghead gasProduction44 Mcf$57
Total$1,468,132

20 Mcf of this lease's gas, across 20 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 (17)

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 33.3690, -98.2505. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.36925, -98.25100 · 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
11.8%
2 of 17 wells
With a plug date
64.7%
11 of 17 wells
Median depth
404 ft
17 wells filed one
Completion to plug
24.9 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
211.8%
A plug date is filed
1164.7%
BothOn the schedule and plugged. Neither fact cancels the other.
211.8%
NeitherNo plug date, and not on the schedule.
635.3%

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

Total depth in feet, 17 of 17 wells. Median 404 ft, with the middle half between 400 and 430 ft; the shallowest is 371 ft and the deepest 483 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 17 of 17 wells, Jan 1983 – Mar 2021. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 1983 – Mar 2021
17 of 17 wells
Plug dates filed
Oct 1992 – Aug 2020
11 of 17 wells; 6 filed none

Last completion to plug: a median of 24.9 years across the 2 wells that filed both dates, with the middle half between 24.8 years and 25.0 years. A further 9 wells are excluded, because the last completion the Commission holds for them is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

17 wells

42-237353571483 ftMar 2021Nov 1992
42-237343972465 ftMar 2021Oct 1992
42-237405659BB413 ftMar 2020
42-237343981 W430 ftFeb 2020Oct 1992
42-237348358403 ftJan 2020Oct 1992
42-2374001314400 ftJun 2014
42-2374000910400 ftMay 2014
42-2374001011400 ftApr 2014
42-2374001213400 ftApr 2014
42-237341613DD410 ftJun 2006Oct 1992
42-237341592DD371 ftJul 1995Oct 1992
42-237348347SS404 ftJun 1995Aug 2020Yes
42-237351228AA438 ftJun 1995Oct 1992
42-237097762AA400 ftJun 1995Oct 1992
42-237342127BB402 ftJun 1995Jan 2020Yes
42-237342135BB460 ftMay 1995Oct 1992
42-237405728BB404 ftJan 1983

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 (373)

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

373 months

May 20261290106.413.05$13,727
Apr 20260098.932.87$0
Mar 2026155089.753.15$13,911
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202555056.664.41$3,116
Nov 2025174058.593.93$10,195
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202543066.743.32$2,870
Jun 2025281066.483.13$18,681
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 202598074.324.28$7,283
Dec 20240068.993.12$0
Nov 202461069.052.20$4,212
Oct 2024169071.372.28$12,062
Sep 20240069.612.36$0
Aug 202479075.632.06$5,975
Jul 2024128079.932.15$10,231
Jun 20240078.082.63$0
May 2024137078.812.20$10,797
Apr 20240084.451.66$0
Mar 2024174080.301.55$13,972
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 202381077.892.81$6,309
Oct 20230085.443.09$0
Sep 2023137089.042.74$12,198
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202360070.622.23$4,237
Apr 202382078.122.24$6,406
Mar 20230072.852.39$0
Feb 2023156075.112.47$11,717
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022160085.005.65$13,600
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 2022156094.529.13$14,745
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221100104.226.84$11,464
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 202177077.435.24$5,962
Oct 2021148079.795.71$11,809
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202158069.493.38$4,030
May 202181063.483.02$5,142
Apr 2021173060.362.76$10,442
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 2019313056.272.46$17,613
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019152062.632.75$9,520
Mar 2019160056.803.06$9,088
Feb 20190050.852.79$0
Jan 2019159046.033.23$7,319
Dec 2018137046.594.19$6,383
Nov 20180052.934.24$0
Oct 201873061.443.40$4,485
Sep 2018180059.543.11$10,717
Aug 2018184059.403.07$10,930
Jul 201876065.142.93$4,951
Jun 20180060.183.08$0
May 2018259065.382.90$16,933
Apr 201869063.842.90$4,405
Mar 2018150061.222.79$9,183
Feb 2018153061.782.77$9,452
Jan 2018154062.874.01$9,682
Dec 20170057.272.92$0
Nov 2017315055.423.12$17,457
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 2017152045.373.00$6,896
Jul 2017163043.873.09$7,151
Jun 20170042.493.09$0
May 2017159045.373.26$7,214
Apr 2017317047.933.21$15,194
Mar 2017158046.772.98$7,390
Feb 2017162050.452.95$8,173
Jan 20170049.413.42$0
Dec 2016170048.763.72$8,289
Nov 2016161042.492.64$6,841
Oct 2016316046.193.09$14,596
Sep 2016161041.553.10$6,690
Aug 2016166041.442.92$6,879
Jul 2016159041.622.92$6,618
Jun 2016316045.352.69$14,331
May 20160042.521.99$0
Apr 2016164036.561.99$5,996
Mar 2016213033.011.79$7,031
Feb 20160026.472.06$0
Jan 2016353027.352.36$9,655
Dec 2015179032.362.00$5,792
Nov 2015336038.792.17$13,033
Oct 2015164043.552.43$7,142
Sep 2015164042.992.76$7,050
Aug 2015322040.162.87$12,932
Jul 2015322048.152.95$15,504
Jun 2015153056.152.88$8,591
May 2015170055.212.96$9,386
Apr 2015158049.822.71$7,872
Mar 2015331042.892.93$14,197
Feb 2015163044.662.98$7,280
Jan 2015168043.433.10$7,296
Dec 2014167054.693.59$9,133
Nov 2014332070.464.25$23,393
Oct 2014164078.303.90$12,841
Sep 2014171086.164.05$14,733
Aug 2014169089.394.04$15,107
Jul 2014171096.564.18$16,512
Jun 2014175098.164.74$17,178
May 20140094.734.73$0
Apr 2014146095.944.81$14,007
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 2014161090.404.86$14,554
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20131600104.113.72$16,658
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013160094.834.15$15,173
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013186091.603.42$17,038
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012153094.672.92$14,485
Aug 20120092.662.91$0
Jul 2012123085.133.02$10,471
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20121440101.652.00$14,638
Mar 201200105.052.22$0
Feb 20121660101.102.57$16,783
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011182095.723.31$17,421
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011130083.404.15$10,842
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011132098.134.40$12,953
Apr 201100105.964.33$0
Mar 2011160096.364.06$15,418
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010186085.734.35$15,946
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010163072.633.98$11,839
Aug 20100073.684.42$0
Jul 2010173072.554.74$12,551
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010171081.694.12$13,969
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009155065.543.06$10,159
Aug 20090067.423.22$0
Jul 2009183061.133.46$11,187
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009171046.773.59$7,998
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009184035.865.37$6,598
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008165075.246.92$12,415
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 20081230131.0811.39$16,123
Jun 200800131.3313.03$0
May 20081130123.1711.57$13,918
Apr 20081730110.3110.45$19,084
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008160090.388.21$14,461
Dec 20070088.337.30$0
Nov 200780091.677.29$7,334
Oct 200786082.856.92$7,125
Sep 20070075.846.24$0
Aug 2007166069.066.39$11,464
Jul 20070070.906.39$0
Jun 2007179062.007.55$11,098
May 200741058.747.85$2,408
Apr 20070059.617.81$0
Mar 2007180056.927.30$10,246
Feb 20070055.108.22$0
Jan 2007147050.306.73$7,394
Dec 20060056.656.92$0
Nov 2006100054.207.62$5,420
Oct 20060054.906.01$0
Sep 2006152060.085.04$9,132
Aug 20060068.717.34$0
Jul 200657069.376.34$3,954
Jun 200698066.286.38$6,495
May 20060066.016.42$0
Apr 200651064.397.36$3,284
Mar 20060056.707.08$0
Feb 200676057.597.75$4,377
Jan 200677060.598.93$4,665
Dec 20050054.9413.42$0
Nov 200588054.6910.59$4,813
Oct 20050058.3413.80$0
Sep 200542061.4512.08$2,581
Aug 200545061.519.80$2,768
Jul 200551055.697.84$2,840
Jun 20050052.337.38$0
May 200598045.226.65$4,432
Apr 20050049.207.36$0
Mar 200552050.377.15$2,619
Feb 200548045.226.31$2,171
Jan 200587043.166.32$3,755
Dec 20040039.866.75$0
Nov 200458045.286.33$2,626
Oct 200494049.706.52$4,672
Sep 200456043.245.28$2,421
Aug 20040042.375.55$0
Jul 2004112038.286.08$4,287
Jun 20040036.106.43$0
May 200479037.486.49$2,961
Apr 200462034.475.86$2,137
Mar 200454034.365.53$1,855
Feb 200457032.455.51$1,850
Jan 200460032.036.30$1,922
Dec 200379030.266.30$2,391
Nov 200359028.804.60$1,699
Oct 2003116028.174.76$3,268
Sep 20030026.314.75$0
Aug 2003103029.765.13$3,065
Jul 2003127029.415.17$3,735
Jun 20030028.565.98$0
May 2003134026.595.97$3,563
Apr 2003129026.675.41$3,440
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 200384030.315.58$2,546
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 2002126024.583.06$3,097
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002133023.653.51$3,145
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 2002161017.172.38$2,764
Dec 20010016.932.36$0
Nov 2001166018.072.41$3,000
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 200191023.933.20$2,178
Jun 20010024.563.82$0
May 2001135025.524.31$3,445
Apr 200156024.685.34$1,382
Mar 20010024.545.38$0
Feb 2001121027.755.77$3,358
Jan 20010027.478.40$0
Dec 200059026.889.12$1,586
Nov 2000121032.215.66$3,897
Oct 20000031.235.15$0
Sep 200072031.875.19$2,295
Aug 2000145029.644.54$4,298
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000145027.263.68$3,953
Apr 20000024.513.12$0
Mar 2000147028.422.86$4,178
Feb 2000148027.622.73$4,088
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999172023.192.43$3,989
Oct 19990020.982.80$0
Sep 1999119021.752.62$2,588
Aug 1999178019.262.88$3,428
Jul 19990017.892.37$0
Jun 1999162015.942.36$2,582
May 1999177015.792.32$2,795
Apr 19990015.102.21$0
Mar 1999324012.471.84$4,040
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998019.201.77$2
Nov 1998179110.892.19$1,952
Oct 1998179112.421.97$2,225
Sep 19980112.592.08$2
Aug 1998120111.301.91$1,358
Jul 1998170111.742.24$1,998
Jun 1998172111.242.24$1,936
May 19980112.622.21$2
Apr 1998262113.042.51$3,419
Mar 19980112.802.31$2
Feb 1998137113.952.30$1,913
Jan 1998173114.702.15$2,545
Dec 199797116.322.41$1,585
Nov 1997176118.193.09$3,205
Oct 1997179119.253.15$3,449
Sep 1997179117.742.95$3,178
Aug 1997180117.862.55$3,217
Jul 1997300117.582.25$5,276
Jun 1997183117.242.26$3,157
May 1997180118.972.31$3,417
Apr 1997180117.882.08$3,220
Mar 1997265118.951.94$5,024
Feb 1997177120.492.21$3,629
Jan 1997275123.483.54$6,461
Dec 1996226123.32$5,270
Nov 1996180121.97$3,955
Oct 1996280123.31$6,527
Sep 1996330122.22$7,333
Aug 1996415120.26$8,408
Jul 1996172119.55$3,363
Jun 1996158118.73$2,959
May 19960119.43$0
Apr 1996130121.51$2,796
Mar 1996177119.38$3,430
Feb 19960116.98$0
Jan 19960117.07$0
Dec 1995170117.19$2,922
Nov 19950116.00$0
Oct 1995129115.43$1,990
Sep 1995183116.18$2,961
Aug 19950115.92$0
Jul 1995350115.24$5,334
Jun 19950116.41$0
May 19950117.56$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.

May 2026 — as filed, then multipliedworked
Oil                  129 bbl  × $106.41 =    $13,727
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $13,727

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/28986 is the state's own key, not one this site invented.