SMITH -YY-

Operated by MGE RESOURCES, INC. (P-5 563288) in the SHARE (MISSISSIPPIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 113222District 10Field 82691600NGPA filingCondensateGasSaveExport
Value, all time
$844 k
Jan 1993 – Nov 2011
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
227
no gaps in the span
Streams
2
condensate, 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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1960-07-15
as the register files it
Field class
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: ALLOCATION FORMULA EFFECTIVE 12/01/2006.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition230 bbl$4,371
GasProduction300,136 Mcf$839,895
Total$844,266

133,617 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 36.3710, -101.0453. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.37100, -101.04535 · 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
0.0%
0 of 1 wells
Median depth
8,130 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 8,130 ft.

Completions filed
Nov 2011
1 of 1 wells

1 well

42-3573158218,130 ftNov 2011Yes

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 (227)

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

227 months

Nov 201105995.723.31$195
Oct 201102884.983.65$102
Sep 2011079283.623.99$3,157
Aug 2011079283.404.15$3,286
Jul 2011093094.144.52$4,201
Jun 2011066792.904.64$3,095
May 2011076498.134.40$3,365
Apr 20110727105.964.33$3,150
Mar 2011068696.364.06$2,783
Feb 2011065185.644.18$2,721
Jan 2011070586.504.59$3,235
Dec 2010068985.734.35$2,996
Nov 2010063680.843.80$2,414
Oct 2010071578.103.51$2,509
Sep 2010062472.633.98$2,483
Aug 2010073173.684.42$3,231
Jul 2010084472.554.74$3,998
Jun 2010082070.364.91$4,027
May 2010095771.124.24$4,053
Apr 2010098981.694.12$4,077
Mar 2010099978.394.39$4,384
Feb 2010079073.585.44$4,299
Jan 2010077674.365.96$4,628
Dec 2009077971.445.48$4,272
Nov 2009079074.593.75$2,964
Oct 2009091472.544.11$3,757
Sep 2009091665.543.06$2,807
Aug 2009088167.423.22$2,836
Jul 2009094361.133.46$3,267
Jun 2009087566.163.90$3,408
May 200901,00054.743.93$3,926
Apr 2009018046.773.59$646
Mar 2009083842.144.06$3,401
Feb 2009087032.814.63$4,031
Jan 2009073735.865.37$3,958
Dec 2008082837.105.98$4,949
Nov 2008094255.496.86$6,462
Oct 2008098475.246.92$6,811
Sep 20080957101.767.88$7,538
Aug 200801,019114.228.48$8,644
Jul 20080943131.0811.39$10,740
Jun 20080910131.3313.03$11,860
May 200801,046123.1711.57$12,107
Apr 20080989110.3110.45$10,340
Mar 20080940101.909.66$9,084
Feb 2008095992.538.77$8,411
Jan 2008093590.388.21$7,672
Dec 2007086488.337.30$6,309
Nov 2007092591.677.29$6,745
Oct 2007096082.856.92$6,645
Sep 2007093775.846.24$5,851
Aug 2007098469.066.39$6,286
Jul 2007094870.906.39$6,056
Jun 2007091162.007.55$6,877
May 200701,06358.747.85$8,341
Apr 2007096959.617.81$7,563
Mar 2007096656.927.30$7,054
Feb 2007070755.108.22$5,809
Jan 2007097850.306.73$6,579
Dec 200601,00056.656.92$6,918
Nov 2006096454.207.62$7,343
Oct 2006096754.906.01$5,815
Sep 2006098960.085.04$4,982
Aug 200601,04268.717.34$7,648
Jul 200601,06269.376.34$6,736
Jun 200601,06366.286.38$6,786
May 2006095466.016.42$6,129
Apr 200601,05864.397.36$7,787
Mar 200601,10256.707.08$7,805
Feb 2006099657.597.75$7,720
Jan 200601,06560.598.93$9,514
Dec 200501,05954.9413.42$14,207
Nov 200501,10654.6910.59$11,711
Oct 200501,14258.3413.80$15,755
Sep 200501,16561.4512.08$14,072
Aug 200501,20861.519.80$11,835
Jul 200501,26455.697.84$9,914
Jun 200501,28952.337.38$9,514
May 200501,15145.226.65$7,655
Apr 200501,23549.207.36$9,090
Mar 200501,32050.377.15$9,444
Feb 200501,24145.226.31$7,833
Jan 200501,46343.166.32$9,249
Dec 200401,51139.866.75$10,201
Nov 200401,51745.286.33$9,603
Oct 200401,61149.706.52$10,496
Sep 200401,19443.245.28$6,309
Aug 20040942.375.55$50
Jul 20040038.286.08$0
Jun 200437036.106.43$1,336
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
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 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 200101,25625.524.31$5,410
Apr 200101,84624.685.34$9,849
Mar 200101,90824.545.38$10,258
Feb 200102,32727.755.77$13,420
Jan 200102,57327.478.40$21,610
Dec 200002,72926.889.12$24,895
Nov 200002,34232.215.66$13,251
Oct 2000061531.235.15$3,164
Sep 200001,74631.875.19$9,056
Aug 200002,50629.644.54$11,379
Jul 200002,48828.534.09$10,175
Jun 200003,27329.304.40$14,392
May 200001,87127.263.68$6,885
Apr 2000082324.513.12$2,564
Mar 200001,00828.422.86$2,883
Feb 2000090627.622.73$2,470
Jan 200001,07125.272.48$2,657
Dec 199901,13324.282.42$2,746
Nov 199901,04423.192.43$2,541
Oct 199901,00820.982.80$2,826
Sep 199901,76621.752.62$4,625
Aug 199901,90719.262.88$5,484
Jul 199902,18217.892.37$5,177
Jun 199902,10115.942.36$4,963
May 199901,87415.792.32$4,350
Apr 199902,15615.102.21$4,761
Mar 199901,81912.471.84$3,344
Feb 199901,3379.981.82$2,430
Jan 199901,64110.381.90$3,118
Dec 199809759.201.77$1,729
Nov 199801,55410.892.19$3,397
Oct 1998077912.421.97$1,534
Sep 1998076212.592.08$1,587
Aug 199881,40811.301.91$2,776
Jul 199801,12111.742.24$2,508
Jun 199801,59511.242.24$3,568
May 199801,58712.622.21$3,501
Apr 199801,47813.042.51$3,703
Mar 199801,60412.802.31$3,704
Feb 1998053713.952.30$1,235
Jan 199801,81714.702.15$3,915
Dec 199701,23116.322.41$2,968
Nov 199701,29418.193.09$3,996
Oct 199701,46919.253.15$4,627
Sep 199701,37417.742.95$4,060
Aug 199701,72617.862.55$4,409
Jul 199701,69017.582.25$3,797
Jun 199701,46917.242.26$3,316
May 199701,19518.972.31$2,759
Apr 199701,24617.882.08$2,595
Mar 199701,95718.951.94$3,795
Feb 199701,84920.492.21$4,079
Jan 199702,04123.483.54$7,225
Dec 199601,79223.32$0
Nov 199601,69421.97$0
Oct 199602,03423.31$0
Sep 199601,98522.22$0
Aug 199602,21220.26$0
Jul 199602,19819.55$0
Jun 199602,38418.73$0
May 199602,45519.43$0
Apr 199602,49721.51$0
Mar 199602,44719.38$0
Feb 199602,23016.98$0
Jan 199602,23117.07$0
Dec 199502,15817.19$0
Nov 199502,06216.00$0
Oct 199502,35815.43$0
Sep 199502,21416.18$0
Aug 19951852,12315.92$2,945
Jul 199502,41415.24$0
Jun 199502,25516.41$0
May 199502,74117.56$0
Apr 199502,09517.73$0
Mar 199502,70116.44$0
Feb 199502,25416.58$0
Jan 199502,73015.92$0
Dec 199402,58115.03$0
Nov 199402,57515.90$0
Oct 199402,75115.58$0
Sep 199402,72115.29$0
Aug 199402,83116.13$0
Jul 199402,96117.56$0
Jun 199403,05517.09$0
May 199402,79315.88$0
Apr 199403,12214.14$0
Mar 199403,46512.46$0
Feb 199403,01212.50$0
Jan 199403,17812.66$0
Dec 199302,99312.33$0
Nov 199303,36014.49$0
Oct 199303,46015.85$0
Sep 199303,24815.03$0
Aug 199304,13215.66$0
Jul 199303,85815.46$0
Jun 199304,08516.79$0
May 199304,11017.68$0
Apr 199304,34618.05$0
Mar 199306,05518.14$0
Feb 199302,18317.90$0
Jan 199302,47816.93$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.

Nov 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 95.72 =         $0
Gas                   59 Mcf  × $  3.31 =       $195

────────────────────────────────────────────────────
Month total                                     $195

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/113222 is the state's own key, not one this site invented.