SMITH

Operated by WALSH & WATTS, INC. (P-5 895060) in the ARIES (CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4326District 09Field 03568400OilCasinghead gasSaveExport
Value, all time
$222 k
Jan 1993 – Oct 2003
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
130
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1954-07-20
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition10,946 bbl$205,777
Casinghead gasProduction7,985 Mcf$16,019
Total$221,796

3,120 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 33.5108, -97.7197. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.51077, -97.71965 · 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
6,150 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
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 6,150 ft.

Plug dates filed
Jul 2003
1 of 1 wells

1 well

42-3370170316,150 ftJul 2003Yes

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 (130)

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

130 months

Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 200326029.765.13$774
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 200304526.595.97$269
Apr 20031734526.675.41$4,857
Mar 200304531.146.10$274
Feb 20031694533.487.93$6,015
Jan 200304530.315.58$251
Dec 200204526.914.85$218
Nov 200204524.664.14$186
Oct 200206526.464.23$275
Sep 20021796527.443.64$5,148
Aug 200206525.963.16$206
Jul 200206524.583.06$199
Jun 20021746523.733.34$4,346
May 200206524.663.58$233
Apr 200206523.653.51$228
Mar 200206522.003.10$202
Feb 20021756518.222.38$3,343
Jan 200206517.172.38$154
Dec 20011696516.932.36$3,015
Nov 200106518.072.41$156
Oct 200106519.782.53$164
Sep 200106524.262.25$146
Aug 20011756524.873.05$4,551
Jul 200106523.933.20$208
Jun 200106524.563.82$249
May 20011716525.524.31$4,644
Apr 200106524.685.34$347
Mar 200106524.545.38$349
Feb 20011806527.755.77$5,370
Jan 200106527.478.40$546
Dec 200006526.889.12$593
Nov 20001926532.215.66$6,552
Oct 200006531.235.15$334
Sep 200006531.875.19$337
Aug 20001836529.644.54$5,719
Jul 200006528.534.09$266
Jun 200006529.304.40$286
May 20001776527.263.68$5,064
Apr 200006524.513.12$203
Mar 20001856528.422.86$5,444
Feb 200006527.622.73$177
Jan 20001966525.272.48$5,114
Dec 199906524.282.42$158
Nov 199906523.192.43$158
Oct 19991796520.982.80$3,938
Sep 199906521.752.62$170
Aug 199906519.262.88$187
Jul 19991796517.892.37$3,357
Jun 199906515.942.36$154
May 19991786515.792.32$2,961
Apr 199906515.102.21$144
Mar 19991856512.471.84$2,426
Feb 19990659.981.82$118
Jan 19991836510.381.90$2,023
Dec 19980659.201.77$115
Nov 199806510.892.19$142
Oct 19981806512.421.97$2,364
Sep 19981776512.592.08$2,364
Aug 19981826511.301.91$2,181
Jul 199806511.742.24$145
Jun 199806511.242.24$145
May 199806512.622.21$143
Apr 19983636513.042.51$4,896
Mar 199806512.802.31$150
Feb 199806513.952.30$149
Jan 199806514.702.15$140
Dec 19971586516.322.41$2,735
Nov 19971976518.193.09$3,784
Oct 199706519.253.15$205
Sep 19971806517.742.95$3,385
Aug 199706517.862.55$166
Jul 19971566517.582.25$2,889
Jun 199706517.242.26$147
May 19971846518.972.31$3,641
Apr 199706517.882.08$135
Mar 19971906518.951.94$3,727
Feb 199706520.492.21$143
Jan 19971746523.483.54$4,316
Dec 199606523.32$0
Nov 19961726521.97$3,779
Oct 19961906523.31$4,429
Sep 199606522.22$0
Aug 199606520.26$0
Jul 19963276519.55$6,393
Jun 199606518.73$0
May 19961826519.43$3,536
Apr 199606521.51$0
Mar 19961836519.38$3,547
Feb 19961616516.98$2,734
Jan 199606517.07$0
Dec 19951706517.19$2,922
Nov 199506516.00$0
Oct 19951586515.43$2,438
Sep 19951766516.18$2,848
Aug 199506515.92$0
Jul 199506515.24$0
Jun 19951596516.41$2,609
May 19951586517.56$2,774
Apr 199506517.73$0
Mar 19951696516.44$2,778
Feb 199506516.58$0
Jan 19951516515.92$2,404
Dec 19941716515.03$2,570
Nov 19941996515.90$3,164
Oct 199406515.58$0
Sep 19941456515.29$2,217
Aug 19941666516.13$2,678
Jul 19941786517.56$3,126
Jun 199406517.09$0
May 19941996515.88$3,160
Apr 199406514.14$0
Mar 19941836512.46$2,280
Feb 19941696512.50$2,113
Jan 19941916512.66$2,418
Dec 199306512.33$0
Nov 199306514.49$0
Oct 19933366515.85$5,326
Sep 199306515.03$0
Aug 199306515.66$0
Jul 19933476515.46$5,365
Jun 199306516.79$0
May 19931906517.68$3,359
Apr 19931696518.05$3,050
Mar 199306518.14$0
Feb 19933786517.90$6,766
Jan 199306516.93$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 2003 — as filed, then multipliedworked
Oil                   26 bbl  × $ 29.76 =       $774
Casinghead gas         0 Mcf  × $  5.13 =         $0

────────────────────────────────────────────────────
Month total                                     $774

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/4326 is the state's own key, not one this site invented.