SMITH, J.W. (OIL)

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

Oil lease lease 31996District 09Field 62970800OilCasinghead gasSaveExport
Value, all time
$213 k
Jul 2011 – Aug 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
86
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 41 leases and 75 wells, and the rule below applies to all of them.

Discovered
1956-04-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,100 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

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
OilDisposition2,275 bbl$186,510
Casinghead gasProduction8,059 Mcf$26,938
Total$213,448

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 33.2837, -97.8838. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.28375, -97.88384 · 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
4,430 ft
1 wells filed one
Completion to plug
6.9 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 4,430 ft.

Completions filed
Jul 2011
1 of 1 wells
Plug dates filed
Jun 2018
1 of 1 wells

Last completion to plug: a median of 6.9 years across the 1 well that filed both dates, with the middle half between 6.9 years and 6.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4970129414,430 ftJul 2011Jun 2018Yes

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 (86)

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

86 months

Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 201701542.493.09$46
May 2017010145.373.26$330
Apr 201709847.933.21$315
Mar 2017010346.772.98$307
Feb 201709450.452.95$278
Jan 2017010349.413.42$352
Dec 2016010248.763.72$380
Nov 201619842.492.64$302
Oct 20161811046.193.09$1,171
Sep 2016410441.553.10$489
Aug 20168510741.442.92$3,835
Jul 2016010741.622.92$313
Jun 2016010145.352.69$271
May 2016210242.521.99$288
Apr 2016739936.561.99$2,866
Mar 2016010233.011.79$183
Feb 201609526.472.06$196
Jan 201609327.352.36$220
Dec 201579332.362.00$413
Nov 2015739838.792.17$3,044
Oct 2015010343.552.43$250
Sep 2015010242.992.76$281
Aug 2015411140.162.87$479
Jul 20157311448.152.95$3,851
Jun 2015010656.152.88$306
May 201516210655.212.96$9,257
Apr 201509949.822.71$268
Mar 2015011042.892.93$323
Feb 2015010344.662.98$307
Jan 2015010943.433.10$338
Dec 2014010954.693.59$391
Nov 2014010570.464.25$446
Oct 2014011278.303.90$437
Sep 2014010786.164.05$433
Aug 201415511289.394.04$14,307
Jul 2014011196.564.18$464
Jun 201409098.164.74$426
May 201409394.734.73$440
Apr 201409995.944.81$476
Mar 2014010295.895.06$516
Feb 20141608497.406.19$16,104
Jan 201409390.404.86$452
Dec 2013010091.824.35$435
Nov 201309788.853.74$363
Oct 2013010597.423.78$397
Sep 2013142121104.113.72$15,233
Aug 20130127104.253.52$447
Jul 20130118102.523.72$439
Jun 201315911194.403.93$15,446
May 2013011394.834.15$469
Apr 2013010993.964.28$467
Mar 2013010993.623.91$427
Feb 201317010691.233.42$15,872
Jan 2013011591.603.42$393
Dec 201209886.773.42$335
Nov 201205786.953.62$207
Oct 2012011789.383.40$398
Sep 201217010494.672.92$16,397
Aug 2012011892.662.91$343
Jul 2012012585.133.02$378
Jun 20121659979.822.52$13,420
May 2012013591.612.49$336
Apr 20120136101.652.00$272
Mar 20120144105.052.22$320
Feb 2012173127101.102.57$17,817
Jan 2012014698.092.73$399
Dec 2011015096.873.24$486
Nov 201116516395.723.31$16,334
Oct 2011020784.983.65$755
Sep 201117218283.623.99$15,108
Aug 201114230383.404.15$13,100
Jul 2011011294.144.52$506

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.

Jun 2017 — as filed, then multipliedworked
Oil                    0 bbl  × $ 42.49 =         $0
Casinghead gas        15 Mcf  × $  3.09 =        $46

────────────────────────────────────────────────────
Month total                                      $46

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/31996 is the state's own key, not one this site invented.