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 245233District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.5 M
Feb 2008 – May 2026
Value, last 12 filed months
$183 k
at the published price for each month
Months reported
220
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 Gas112009-03-17190260
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
CondensateDisposition70,458 bbl$6,515,487
GasProduction824,484 Mcf$3,962,422
Total$10,477,909

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 36.2722, -100.0873. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.27220, -100.08727 · 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
7,713 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 7,713 ft.

Completions filed
Feb 2008
1 of 1 wells

1 well

42-295332604700H7,713 ftFeb 2008

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 (220)

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

220 months

May 202602,186106.413.05$6,658
Apr 202602,76398.932.87$7,929
Mar 20261943,02989.753.15$26,951
Feb 202602,92763.503.75$10,977
Jan 202602,79759.138.00$22,370
Dec 20252033,35256.664.41$26,296
Nov 202503,21058.593.93$12,604
Oct 20252023,71959.383.30$24,285
Sep 202501,87062.743.08$5,754
Aug 202502,96063.933.01$8,924
Jul 202502,54966.743.32$8,450
Jun 20251972,91666.483.13$22,220
May 202502,67960.553.23$8,659
Apr 202502,85262.363.54$10,105
Mar 202502,92567.704.27$12,485
Feb 20251952,72770.884.34$25,659
Jan 202502,89774.324.28$12,395
Dec 202402,81468.993.12$8,784
Nov 202402,90869.052.20$6,393
Oct 20240071.372.28$0
Sep 202402,97169.612.36$7,025
Aug 20241953,13575.632.06$21,217
Jul 202403,09679.932.15$6,646
Jun 202403,12578.082.63$8,231
May 20241952,98278.812.20$21,924
Apr 202402,84884.451.66$4,725
Mar 20241782,18680.301.55$17,671
Feb 202403,31476.091.78$5,911
Jan 20240073.023.30$0
Dec 202304,04171.262.61$10,550
Nov 202303,27577.892.81$9,195
Oct 2023013385.443.09$411
Sep 20231901,08989.042.74$19,896
Aug 202303,12180.522.67$8,342
Jul 202303,08874.852.64$8,158
Jun 202302,97368.962.26$6,714
May 20231902,92070.622.23$19,922
Apr 202302,80178.122.24$6,268
Mar 202302,95272.852.39$7,065
Feb 20231922,16275.112.47$19,752
Jan 202303,22376.533.39$10,919
Dec 202203,12476.415.73$17,898
Nov 20221823,30985.005.65$34,153
Oct 20221893,76987.185.86$38,578
Sep 20221954,01484.888.16$49,321
Aug 202202,13994.529.13$19,523
Jul 202202,463101.587.54$18,576
Jun 202201,948115.097.98$15,540
May 202201,306109.378.43$11,014
Apr 202202,728104.226.84$18,653
Mar 202202,100108.885.08$10,660
Feb 202218842091.054.86$19,158
Jan 202202,42481.844.54$10,999
Dec 202102,18271.323.90$8,508
Nov 202102,49877.435.24$13,082
Oct 20211962,65279.795.71$30,792
Sep 202102,17469.865.35$11,633
Aug 202102,43366.024.22$10,269
Jul 202102,53970.783.98$10,111
Jun 202102,61469.493.38$8,837
May 202102,44163.483.02$7,366
Apr 20211822,77960.362.76$18,651
Mar 202103,60961.302.72$9,805
Feb 2021095857.805.55$5,315
Jan 202101,81150.412.81$5,089
Dec 202002,24544.642.68$6,006
Nov 202002,79338.772.71$7,559
Oct 202002,79336.972.48$6,922
Sep 202002,75037.091.99$5,475
Aug 202002,86239.982.39$6,826
Jul 202002,87138.371.83$5,240
Jun 20201952,83934.901.69$11,604
May 202003,10416.921.81$5,633
Apr 20201943,00114.751.80$8,276
Mar 202003,26530.341.86$6,061
Feb 20202002,27149.881.98$14,474
Jan 202003,16457.252.09$6,628
Dec 20191953,01859.012.30$18,462
Nov 201902,96355.302.75$8,150
Oct 201903,32853.472.42$8,049
Sep 20191883,64555.052.66$20,035
Aug 20191865,06853.112.30$21,557
Jul 201901,33256.272.46$3,277
Jun 201902,03052.782.49$5,057
May 201903,08058.482.74$8,440
Apr 201903,34262.632.75$9,193
Mar 20191783,91556.803.06$22,099
Feb 201903,09050.852.79$8,628
Jan 201903,09546.033.23$9,991
Dec 201802,77746.594.19$11,623
Nov 201802,37352.934.24$10,055
Oct 20181984,04361.443.40$25,904
Sep 201804,86259.543.11$15,111
Aug 2018523,73759.403.07$14,549
Jul 201803,05065.142.93$8,942
Jun 201803,24860.183.08$9,994
May 201842,69165.382.90$8,068
Apr 201802,43763.842.90$7,069
Mar 201802,57761.222.79$7,182
Feb 201801,69261.782.77$4,680
Jan 2018402,17662.874.01$11,239
Dec 20171993,16657.272.92$20,646
Nov 20171984,37955.423.12$24,628
Oct 201702,99849.292.98$8,945
Sep 201703,00647.523.09$9,280
Aug 201704,45345.373.00$13,379
Jul 201705,76743.873.09$17,804
Jun 201702,06342.493.09$6,369
May 201702,00945.373.26$6,556
Apr 201702,69147.933.21$8,642
Mar 201703,39746.772.98$10,136
Feb 201702,50550.452.95$7,396
Jan 201703,02149.413.42$10,328
Dec 201603,26648.763.72$12,159
Nov 20161783,87742.492.64$17,815
Oct 201603,83646.193.09$11,854
Sep 20161543,48241.553.10$17,195
Aug 20161953,95641.442.92$19,649
Jul 20161944,17041.622.92$20,269
Jun 201602,90545.352.69$7,802
May 201603,39242.521.99$6,754
Apr 201603,72736.561.99$7,421
Mar 20161953,52533.011.79$12,761
Feb 201604,02726.472.06$8,310
Jan 201603,84227.352.36$9,084
Dec 201504,18432.362.00$8,374
Nov 20151653,53638.792.17$14,064
Oct 201505,02443.552.43$12,191
Sep 20153405,09042.992.76$28,657
Aug 20151935,42740.162.87$23,340
Jul 201503,61848.152.95$10,655
Jun 20151885,14056.152.88$25,374
May 201505,77255.212.96$17,059
Apr 20153786,23849.822.71$35,716
Mar 20153556,48942.892.93$34,269
Feb 201506,55744.662.98$19,515
Jan 201504,74543.433.10$14,712
Dec 201402,41154.693.59$8,659
Nov 20143493,12870.464.25$37,890
Oct 20141805,85878.303.90$36,946
Sep 201401,25986.164.05$5,093
Aug 20141953,94289.394.04$33,337
Jul 20141783,56596.564.18$32,088
Jun 20143433,87498.164.74$52,020
May 20143615,21494.734.73$58,842
Apr 201403,46895.944.81$16,678
Mar 201401,14995.895.06$5,810
Feb 20141842,56897.406.19$33,823
Jan 20141843,71490.404.86$34,686
Dec 20131544,05791.824.35$31,806
Nov 20132024,14988.853.74$33,458
Oct 20131844,71397.423.78$35,737
Sep 20133764,731104.113.72$56,734
Aug 20135447,090104.253.52$81,687
Jul 201305,432102.523.72$20,195
Jun 20130194.403.93$4
May 20130094.834.15$0
Apr 20130793.964.28$30
Mar 2013091093.623.91$3,561
Feb 201301,26791.233.42$4,333
Jan 20133582,99291.603.42$43,025
Dec 20125556,48186.773.42$70,323
Nov 20122016,06686.953.62$39,466
Oct 20125804,54989.383.40$67,306
Sep 20122064,42494.672.92$32,413
Aug 20125824,31492.662.91$66,474
Jul 20121955,35085.133.02$32,762
Jun 20123926,15379.822.52$46,789
May 20127925,23091.612.49$85,569
Apr 20123953,762101.652.00$47,664
Mar 20123953,217105.052.22$48,643
Feb 20123953,025101.102.57$47,709
Jan 20125972,94598.092.73$66,612
Dec 20111982,78496.873.24$28,200
Nov 20117883,02495.723.31$85,441
Oct 20115933,54084.983.65$63,309
Sep 20115953,37983.623.99$63,222
Aug 20115922,78483.404.15$60,925
Jul 20111981,89994.144.52$27,218
Jun 20111,9721,99292.904.64$192,441
May 2011055398.134.40$2,436
Apr 20115931,377105.964.33$68,801
Mar 2011083996.364.06$3,404
Feb 20110085.644.18$0
Jan 201101286.504.59$55
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201019757574.365.96$18,078
Dec 20091981,42971.445.48$21,981
Nov 200901,68974.593.75$6,336
Oct 20093954,17772.544.11$45,822
Sep 20093822,25865.543.06$31,956
Aug 20093796,02567.423.22$44,944
Jul 20099487,21861.133.46$82,958
Jun 20095706,29666.163.90$62,234
May 20095746,38554.743.93$56,487
Apr 20097617,74346.773.59$63,370
Mar 20097678,40042.144.06$66,417
Feb 20091,1518,52732.814.63$77,270
Jan 20091,38711,71635.865.37$112,664
Dec 20089807,94537.105.98$83,846
Nov 20081,5388,87655.496.86$146,236
Oct 20081,33312,25875.246.92$185,145
Sep 20082,4969,358101.767.88$327,707
Aug 20082,10615,286114.228.48$370,219
Jul 20082,88318,286131.0811.39$586,171
Jun 20083,86720,268131.3313.03$771,998
May 20084,59822,669123.1711.57$828,713
Apr 20085,93430,045110.3110.45$968,696
Mar 200814,58333,101101.909.66$1,805,898
Feb 20080092.538.77$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                2,186 Mcf  × $  3.05 =     $6,658

────────────────────────────────────────────────────
Month total                                   $6,658

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/245233 is the state's own key, not one this site invented.