SMITH, VESTER

Operated by LATIGO PETROLEUM, LLC (P-5 488260) in the LIPSCOMB (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 243156District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Sep 2008 – May 2026
Value, last 12 filed months
$56 k
at the published price for each month
Months reported
213
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 1,389 leases and 1,486 wells, and the rule below applies to all of them.

Discovered
1958-05-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: FIELD

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
High Cost Gas112009-01-20188496
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
CondensateDisposition43,113 bbl$3,467,901
GasProduction514,773 Mcf$2,236,387
Total$5,704,287

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 36.2616, -100.0924. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.26156, -100.09236 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,789 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
00.0%
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.
1100.0%

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 7,789 ft.

Completions filed
May 2011
1 of 1 wells

1 well

42-295333535700H7,789 ftMay 2011

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 (213)

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

213 months

May 20260488106.413.05$1,486
Apr 2026036498.932.87$1,045
Mar 2026031289.753.15$983
Feb 2026034963.503.75$1,309
Jan 202620162259.138.00$16,860
Dec 202540376256.664.41$26,197
Nov 2025047358.593.93$1,857
Oct 2025038759.383.30$1,279
Sep 2025016862.743.08$517
Aug 2025062163.933.01$1,872
Jul 2025043466.743.32$1,439
Jun 2025028966.483.13$904
May 2025040960.553.23$1,322
Apr 2025013362.363.54$471
Mar 2025054067.704.27$2,305
Feb 202539635570.884.34$29,609
Jan 2025025474.324.28$1,087
Dec 2024017268.993.12$537
Nov 2024033869.052.20$743
Oct 20240071.372.28$0
Sep 2024014869.612.36$350
Aug 20240075.632.06$0
Jul 2024033079.932.15$708
Jun 2024050378.082.63$1,325
May 2024043778.812.20$961
Apr 2024048584.451.66$805
Mar 2024038480.301.55$593
Feb 2024028076.091.78$499
Jan 20240073.023.30$0
Dec 2023061771.262.61$1,611
Nov 2023072377.892.81$2,030
Oct 202337767785.443.09$34,301
Sep 2023060189.042.74$1,644
Aug 2023057080.522.67$1,524
Jul 202319761374.852.64$16,365
Jun 202339549968.962.26$28,366
May 2023049170.622.23$1,094
Apr 2023042678.122.24$953
Mar 2023026472.852.39$632
Feb 2023030975.112.47$762
Jan 2023055376.533.39$1,873
Dec 2022053276.415.73$3,048
Nov 2022057585.005.65$3,247
Oct 2022069587.185.86$4,075
Sep 2022060284.888.16$4,915
Aug 2022063394.529.13$5,777
Jul 20220295101.587.54$2,225
Jun 20220608115.097.98$4,850
May 20220694109.378.43$5,853
Apr 20220656104.226.84$4,485
Mar 20220542108.885.08$2,751
Feb 2022066291.054.86$3,217
Jan 2022044181.844.54$2,001
Dec 2021042371.323.90$1,649
Nov 2021063977.435.24$3,346
Oct 2021080079.795.71$4,571
Sep 2021064069.865.35$3,425
Aug 2021075366.024.22$3,178
Jul 2021071670.783.98$2,851
Jun 2021072369.493.38$2,444
May 202117274663.483.02$13,170
Apr 2021063860.362.76$1,760
Mar 2021050061.302.72$1,358
Feb 2021066357.805.55$3,678
Jan 2021036750.412.81$1,031
Dec 2020050044.642.68$1,338
Nov 2020064838.772.71$1,754
Oct 2020064836.972.48$1,606
Sep 2020053937.091.99$1,073
Aug 2020063339.982.39$1,510
Jul 2020058338.371.83$1,064
Jun 202019771534.901.69$8,084
May 2020068116.921.81$1,236
Apr 2020065814.751.80$1,187
Mar 2020045530.341.86$845
Feb 2020073349.881.98$1,452
Jan 20201961,00357.252.09$13,322
Dec 201901,00659.012.30$2,318
Nov 2019093755.302.75$2,577
Oct 2019099753.472.42$2,411
Sep 20191981,07955.052.66$13,767
Aug 201901,15353.112.30$2,657
Jul 201901,24956.272.46$3,073
Jun 20191801,15952.782.49$12,388
May 20191931,10958.482.74$14,326
Apr 201901,07762.632.75$2,963
Mar 20193691,12156.803.06$24,392
Feb 201901,12850.852.79$3,150
Jan 2019099446.033.23$3,209
Dec 2018751,05146.594.19$7,893
Nov 201801,03952.934.24$4,402
Oct 201819098761.443.40$15,028
Sep 201801,02559.543.11$3,186
Aug 201801,25259.403.07$3,839
Jul 20183571,25965.142.93$26,946
Jun 201801,24360.183.08$3,825
May 201801,22765.382.90$3,559
Apr 2018351,10863.842.90$5,448
Mar 20181901,17461.222.79$14,904
Feb 201801,05561.782.77$2,918
Jan 201837598762.874.01$27,533
Dec 2017092357.272.92$2,697
Nov 2017097255.423.12$3,031
Oct 201701,15049.292.98$3,431
Sep 201701,29247.523.09$3,989
Aug 20171931,32145.373.00$12,725
Jul 20171851,29343.873.09$12,108
Jun 201701,28442.493.09$3,964
May 20171951,44645.373.26$13,566
Apr 201701,19347.933.21$3,831
Mar 201701,42646.772.98$4,255
Feb 20171831,45550.452.95$13,528
Jan 201701,49949.413.42$5,125
Dec 201616715548.763.72$8,720
Nov 201601,72742.492.64$4,567
Oct 201602,10946.193.09$6,517
Sep 20163422,16541.553.10$20,923
Aug 20164952,29841.442.92$27,233
Jul 201602,21241.622.92$6,469
Jun 20161942,22645.352.69$14,777
May 20161952,26642.521.99$12,803
Apr 201602,36636.561.99$4,711
Mar 20164592,55933.011.79$19,742
Feb 201602,27926.472.06$4,703
Jan 20161932,70727.352.36$11,679
Dec 201502,87932.362.00$5,762
Nov 20154071,91838.792.17$19,944
Oct 201502,57543.552.43$6,248
Sep 20153362,89942.992.76$22,441
Aug 20151912,37840.162.87$14,501
Jul 20151821,66648.152.95$13,670
Jun 20153742,54856.152.88$28,346
May 20152192,10755.212.96$18,318
Apr 20150249.822.71$5
Mar 20150142.892.93$3
Feb 20150344.662.98$9
Jan 201502,42243.433.10$7,510
Dec 201439851554.693.59$23,616
Nov 20141802,97770.464.25$25,341
Oct 20141594,07378.303.90$28,338
Sep 2014087386.164.05$3,532
Aug 20143042,75389.394.04$38,283
Jul 20145454,82596.564.18$72,792
Jun 20141731,69498.164.74$25,006
May 201406894.734.73$321
Apr 20141783,20495.944.81$32,486
Mar 201403,37495.895.06$17,062
Feb 201417890497.406.19$22,935
Jan 20147196,18790.404.86$95,071
Dec 20137146,37391.824.35$93,311
Nov 20133494,42388.853.74$47,543
Oct 2013033497.423.78$1,262
Sep 2013166767104.113.72$20,134
Aug 20130759104.253.52$2,674
Jul 2013088102.523.72$327
Jun 2013012794.403.93$500
May 2013045294.834.15$1,875
Apr 20135455,08193.964.28$72,968
Mar 201375910,75393.623.91$113,133
Feb 201373911,03391.233.42$105,151
Jan 20138379,00391.603.42$107,459
Dec 20121,1918,15686.773.42$131,238
Nov 20121,3406,82086.953.62$141,235
Oct 20121,5626,51789.383.40$161,767
Sep 20121,8164,86494.672.92$186,116
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 201259317791.612.49$54,765
Apr 20121,1866,434101.652.00$133,404
Mar 20127862,548105.052.22$88,231
Feb 20127912,832101.102.57$87,249
Jan 20121,7885,30698.092.73$189,892
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110484.983.65$15
Sep 201102883.623.99$112
Aug 201104283.404.15$174
Jul 201118827494.144.52$18,936
Jun 20111,7745,33292.904.64$189,544
May 20119743,69098.134.40$111,832
Apr 20115962,159105.964.33$72,508
Mar 20111,7944,75896.364.06$192,175
Feb 201101785.644.18$71
Jan 20115931,47786.504.59$58,072
Dec 20105832,63385.734.35$61,428
Nov 20103932,64080.843.80$41,790
Oct 20105932,96178.103.51$56,703
Sep 20107932,96972.633.98$69,411
Aug 20105952,52373.684.42$54,990
Jul 20103841,86172.554.74$36,674
Jun 20107713,16270.364.91$69,774
May 20107563,25971.124.24$67,569
Apr 20103951,50381.694.12$38,464
Mar 20103933,06678.394.39$44,263
Feb 20101983,12173.585.44$31,554
Jan 20106122,06474.365.96$57,818
Dec 20091,1786,21371.445.48$118,227
Nov 20091,1727,29074.593.75$114,768
Oct 20091,1767,85572.544.11$117,593
Sep 200907,18065.543.06$22,005
Aug 200908,97267.423.22$28,876
Jul 2009010,83961.133.46$37,552
Jun 2009010,06866.163.90$39,215
May 2009012,13254.743.93$47,627
Apr 2009012,31246.773.59$44,169
Mar 2009014,62042.144.06$59,343
Feb 200907,47632.814.63$34,636
Jan 200909,67835.865.37$51,981
Dec 2008013,78337.105.98$82,383
Nov 2008018,67655.496.86$128,124
Oct 2008030,27575.246.92$209,563
Sep 2008036,711101.767.88$289,176

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
Condensate             0 bbl  × $106.41 =         $0
Gas                  488 Mcf  × $  3.05 =     $1,486

────────────────────────────────────────────────────
Month total                                   $1,486

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/243156 is the state's own key, not one this site invented.