SMITH, VESTER L. -617-

Name: SMITH, VESTER L. -617- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) in the LIPSCOMB (ATOKA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 101074District 10Field 53869090NGPA filingCondensateGasSave Export

Value, all time

$701 k

Jan 1993 – Nov 2007

Value, last 12 filed months

at the published price for each month

Months reported

179

no gaps in the span

Streams

condensate, gas

The LIPSCOMB (ATOKA) 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 74 leases and 74 wells, and the rule below applies to all of them.

Discovered

1957-12-04

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 2008-09-23.

The Commission's schedule remark for this field reads: “FORMULA.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	683 bbl	$11,004
Gas	Production	292,833 Mcf	$690,362
Total			$701,366

114,846 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 36.2491, -100.0107. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.24908, -100.01067 · 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

100.0%

1 of 1 wells

Median depth

10,450 ft

1 wells filed one

Completion to plug

25.3 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 10,450 ft.

Completions filed

Apr 1982

1 of 1 wells

Plug dates filed

Jul 2007

1 of 1 wells

Last completion to plug: a median of 25.3 years across the 1 well that filed both dates, with the middle half between 25.3 years and 25.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29531124	1	10,450 ft	Apr 1982	Jul 2007	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 (179)

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

179 months


Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	39	58.34	13.80	$538
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	1,168	55.69	7.84	$9,161
Jun 2005	0	1,995	52.33	7.38	$14,725
May 2005	0	938	45.22	6.65	$6,239
Apr 2005	0	1,173	49.20	7.36	$8,634
Mar 2005	0	1,565	50.37	7.15	$11,197
Feb 2005	0	1,507	45.22	6.31	$9,512
Jan 2005	0	1,399	43.16	6.32	$8,845
Dec 2004	0	1,760	39.86	6.75	$11,882
Nov 2004	0	1,478	45.28	6.33	$9,356
Oct 2004	0	1,762	49.70	6.52	$11,480
Sep 2004	0	1,550	43.24	5.28	$8,190
Aug 2004	0	1,389	42.37	5.55	$7,710
Jul 2004	0	1,414	38.28	6.08	$8,603
Jun 2004	0	1,361	36.10	6.43	$8,755
May 2004	0	1,340	37.48	6.49	$8,703
Apr 2004	0	1,411	34.47	5.86	$8,266
Mar 2004	0	1,627	34.36	5.53	$8,998
Feb 2004	0	1,180	32.45	5.51	$6,501
Jan 2004	0	1,494	32.03	6.30	$9,412
Dec 2003	0	1,628	30.26	6.30	$10,259
Nov 2003	0	1,498	28.80	4.60	$6,884
Oct 2003	0	1,422	28.17	4.76	$6,768
Sep 2003	0	1,619	26.31	4.75	$7,689
Aug 2003	0	776	29.76	5.13	$3,981
Jul 2003	0	1,591	29.41	5.17	$8,227
Jun 2003	0	1,305	28.56	5.98	$7,808
May 2003	0	1,702	26.59	5.97	$10,166
Apr 2003	0	1,481	26.67	5.41	$8,008
Mar 2003	0	1,494	31.14	6.10	$9,107
Feb 2003	0	1,373	33.48	7.93	$10,882
Jan 2003	0	1,567	30.31	5.58	$8,747
Dec 2002	0	1,653	26.91	4.85	$8,023
Nov 2002	0	1,398	24.66	4.14	$5,783
Oct 2002	0	1,723	26.46	4.23	$7,287
Sep 2002	160	1,684	27.44	3.64	$10,512
Aug 2002	0	1,853	25.96	3.16	$5,863
Jul 2002	0	1,773	24.58	3.06	$5,429
Jun 2002	0	1,775	23.73	3.34	$5,925
May 2002	0	1,845	24.66	3.58	$6,612
Apr 2002	0	1,723	23.65	3.51	$6,052
Mar 2002	0	1,782	22.00	3.10	$5,529
Feb 2002	0	1,697	18.22	2.38	$4,032
Jan 2002	0	1,909	17.17	2.38	$4,535
Dec 2001	0	1,764	16.93	2.36	$4,171
Nov 2001	0	1,798	18.07	2.41	$4,325
Oct 2001	0	1,835	19.78	2.53	$4,640
Sep 2001	0	1,669	24.26	2.25	$3,757
Aug 2001	0	1,821	24.87	3.05	$5,560
Jul 2001	0	1,863	23.93	3.20	$5,956
Jun 2001	0	1,397	24.56	3.82	$5,342
May 2001	0	1,694	25.52	4.31	$7,297
Apr 2001	0	1,802	24.68	5.34	$9,614
Mar 2001	0	1,927	24.54	5.38	$10,360
Feb 2001	0	1,551	27.75	5.77	$8,945
Jan 2001	0	1,787	27.47	8.40	$15,009
Dec 2000	0	1,814	26.88	9.12	$16,548
Nov 2000	0	1,960	32.21	5.66	$11,090
Oct 2000	0	1,942	31.23	5.15	$9,993
Sep 2000	0	1,624	31.87	5.19	$8,423
Aug 2000	0	2,150	29.64	4.54	$9,763
Jul 2000	0	1,730	28.53	4.09	$7,075
Jun 2000	0	1,876	29.30	4.40	$8,249
May 2000	0	1,828	27.26	3.68	$6,727
Apr 2000	0	1,667	24.51	3.12	$5,194
Mar 2000	0	1,665	28.42	2.86	$4,761
Feb 2000	0	1,808	27.62	2.73	$4,930
Jan 2000	0	2,071	25.27	2.48	$5,137
Dec 1999	0	2,083	24.28	2.42	$5,049
Nov 1999	0	2,024	23.19	2.43	$4,926
Oct 1999	0	2,253	20.98	2.80	$6,317
Sep 1999	0	2,288	21.75	2.62	$5,992
Aug 1999	0	2,416	19.26	2.88	$6,947
Jul 1999	0	1,955	17.89	2.37	$4,638
Jun 1999	0	1,546	15.94	2.36	$3,652
May 1999	0	1,798	15.79	2.32	$4,173
Apr 1999	0	1,873	15.10	2.21	$4,136
Mar 1999	0	2,180	12.47	1.84	$4,008
Feb 1999	0	2,591	9.98	1.82	$4,710
Jan 1999	321	2,116	10.38	1.90	$7,352
Dec 1998	0	1,999	9.20	1.77	$3,545
Nov 1998	0	1,552	10.89	2.19	$3,392
Oct 1998	0	1,955	12.42	1.97	$3,850
Sep 1998	0	1,816	12.59	2.08	$3,782
Aug 1998	0	2,168	11.30	1.91	$4,135
Jul 1998	0	2,042	11.74	2.24	$4,569
Jun 1998	0	1,724	11.24	2.24	$3,857
May 1998	0	1,819	12.62	2.21	$4,013
Apr 1998	0	1,714	13.04	2.51	$4,294
Mar 1998	0	2,753	12.80	2.31	$6,358
Feb 1998	0	1,402	13.95	2.30	$3,223
Jan 1998	0	2,420	14.70	2.15	$5,215
Dec 1997	0	1,518	16.32	2.41	$3,660
Nov 1997	0	1,521	18.19	3.09	$4,697
Oct 1997	0	1,799	19.25	3.15	$5,667
Sep 1997	0	1,478	17.74	2.95	$4,367
Aug 1997	0	1,980	17.86	2.55	$5,058
Jul 1997	12	1,867	17.58	2.25	$4,406
Jun 1997	0	1,813	17.24	2.26	$4,092
May 1997	0	1,886	18.97	2.31	$4,354
Apr 1997	0	1,642	17.88	2.08	$3,420
Mar 1997	0	1,922	18.95	1.94	$3,727
Feb 1997	0	1,747	20.49	2.21	$3,854
Jan 1997	0	1,463	23.48	3.54	$5,179
Dec 1996	0	1,954	23.32	—	$0
Nov 1996	0	1,951	21.97	—	$0
Oct 1996	0	2,006	23.31	—	$0
Sep 1996	0	1,972	22.22	—	$0
Aug 1996	0	2,037	20.26	—	$0
Jul 1996	0	2,127	19.55	—	$0
Jun 1996	0	1,917	18.73	—	$0
May 1996	0	1,667	19.43	—	$0
Apr 1996	0	1,610	21.51	—	$0
Mar 1996	0	1,905	19.38	—	$0
Feb 1996	0	1,914	16.98	—	$0
Jan 1996	0	2,663	17.07	—	$0
Dec 1995	0	2,538	17.19	—	$0
Nov 1995	0	2,380	16.00	—	$0
Oct 1995	0	2,789	15.43	—	$0
Sep 1995	186	2,054	16.18	—	$3,009
Aug 1995	0	2,164	15.92	—	$0
Jul 1995	4	3,007	15.24	—	$61
Jun 1995	0	1,999	16.41	—	$0
May 1995	0	2,704	17.56	—	$0
Apr 1995	0	2,187	17.73	—	$0
Mar 1995	0	2,422	16.44	—	$0
Feb 1995	0	2,281	16.58	—	$0
Jan 1995	0	2,396	15.92	—	$0
Dec 1994	0	2,624	15.03	—	$0
Nov 1994	0	2,312	15.90	—	$0
Oct 1994	0	2,607	15.58	—	$0
Sep 1994	0	2,770	15.29	—	$0
Aug 1994	0	2,885	16.13	—	$0
Jul 1994	0	2,063	17.56	—	$0
Jun 1994	0	2,351	17.09	—	$0
May 1994	0	3,346	15.88	—	$0
Apr 1994	0	3,229	14.14	—	$0
Mar 1994	0	3,696	12.46	—	$0
Feb 1994	0	3,691	12.50	—	$0
Jan 1994	0	3,413	12.66	—	$0
Dec 1993	0	3,118	12.33	—	$0
Nov 1993	0	3,172	14.49	—	$0
Oct 1993	0	3,189	15.85	—	$0
Sep 1993	0	2,340	15.03	—	$0
Aug 1993	0	353	15.66	—	$0
Jul 1993	0	920	15.46	—	$0
Jun 1993	0	2,337	16.79	—	$0
May 1993	0	2,120	17.68	—	$0
Apr 1993	0	2,480	18.05	—	$0
Mar 1993	0	2,454	18.14	—	$0
Feb 1993	0	2,310	17.90	—	$0
Jan 1993	0	2,422	16.93	—	$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.

Oct 2005 — as filed, then multipliedworked

Condensate             0 bbl  × $ 58.34 =         $0
Gas                   39 Mcf  × $ 13.80 =       $538

────────────────────────────────────────────────────
Month total                                     $538

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. 10/G/101074 is the state's own key, not one this site invented.