SMITH, E. L.

Operated by LINN OPERATING, INC. (P-5 501545) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 25464District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$261 k
Jan 1993 – May 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
197
no gaps in the span
Streams
1
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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY SUSPENDED.

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
GasProduction103,553 Mcf$260,807
Total$260,807

38,329 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 35.8910, -101.5825. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.89099, -101.58246 · 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
3,245 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 3,245 ft.

Plug dates filed
May 2009
1 of 1 wells

1 well

42-23380427313,245 ftMay 2009Yes

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 (197)

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

197 months

May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 200542554.9413.42$5,702
Nov 200571354.6910.59$7,550
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 200547355.697.84$3,710
Jun 200520352.337.38$1,498
May 200521845.226.65$1,450
Apr 20056349.207.36$464
Mar 200538550.377.15$2,755
Feb 2005045.226.31$0
Jan 200532943.166.32$2,080
Dec 200456539.866.75$3,814
Nov 200449545.286.33$3,134
Oct 200463149.706.52$4,111
Sep 20041,16243.245.28$6,140
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 20042,53036.106.43$16,276
May 200460337.486.49$3,916
Apr 200458834.475.86$3,445
Mar 200462534.365.53$3,456
Feb 200461732.455.51$3,399
Jan 200456332.036.30$3,547
Dec 200355830.266.30$3,516
Nov 200354228.804.60$2,491
Oct 200354428.174.76$2,589
Sep 200350526.314.75$2,398
Aug 200348529.765.13$2,488
Jul 200353529.415.17$2,766
Jun 200351228.565.98$3,063
May 200351726.595.97$3,088
Apr 200341626.675.41$2,249
Mar 200353031.146.10$3,231
Feb 200349933.487.93$3,955
Jan 200360130.315.58$3,355
Dec 200256726.914.85$2,752
Nov 200254624.664.14$2,259
Oct 200254626.464.23$2,309
Sep 200253527.443.64$1,945
Aug 200235825.963.16$1,133
Jul 200252824.583.06$1,617
Jun 200251223.733.34$1,709
May 200256424.663.58$2,021
Apr 200214223.653.51$499
Mar 200260922.003.10$1,890
Feb 200255218.222.38$1,311
Jan 200260217.172.38$1,430
Dec 200160216.932.36$1,423
Nov 200160518.072.41$1,455
Oct 200158519.782.53$1,479
Sep 200158924.262.25$1,326
Aug 200163224.873.05$1,930
Jul 200146423.933.20$1,483
Jun 200159124.563.82$2,260
May 200162725.524.31$2,701
Apr 200147624.685.34$2,540
Mar 200166224.545.38$3,559
Feb 200161527.755.77$3,547
Jan 200169127.478.40$5,804
Dec 200079426.889.12$7,243
Nov 200062532.215.66$3,536
Oct 200087531.235.15$4,502
Sep 200058931.875.19$3,055
Aug 200062629.644.54$2,843
Jul 200068228.534.09$2,789
Jun 200044129.304.40$1,939
May 200063927.263.68$2,351
Apr 200065324.513.12$2,035
Mar 200067228.422.86$1,922
Feb 200062727.622.73$1,710
Jan 200066725.272.48$1,654
Dec 199960924.282.42$1,476
Nov 199967823.192.43$1,650
Oct 199966920.982.80$1,876
Sep 199962021.752.62$1,624
Aug 199958219.262.88$1,674
Jul 199972317.892.37$1,715
Jun 199965715.942.36$1,552
May 199962215.792.32$1,444
Apr 199959215.102.21$1,307
Mar 199968112.471.84$1,252
Feb 19995979.981.82$1,085
Jan 199977610.381.90$1,474
Dec 19988169.201.77$1,447
Nov 199882710.892.19$1,808
Oct 199861112.421.97$1,203
Sep 199874212.592.08$1,545
Aug 199879911.301.91$1,524
Jul 199875911.742.24$1,698
Jun 199874611.242.24$1,669
May 199868712.622.21$1,516
Apr 199864913.042.51$1,626
Mar 199874812.802.31$1,727
Feb 199860313.952.30$1,386
Jan 199870914.702.15$1,528
Dec 199772416.322.41$1,746
Nov 199782118.193.09$2,535
Oct 199785719.253.15$2,699
Sep 199783217.742.95$2,458
Aug 199785617.862.55$2,187
Jul 199783517.582.25$1,876
Jun 199784317.242.26$1,903
May 199785318.972.31$1,969
Apr 199785817.882.08$1,787
Mar 199782018.951.94$1,590
Feb 199780720.492.21$1,780
Jan 19971,09423.483.54$3,872
Dec 199691623.32$0
Nov 199689621.97$0
Oct 199691223.31$0
Sep 199686122.22$0
Aug 199689620.26$0
Jul 199690019.55$0
Jun 199687718.73$0
May 199690719.43$0
Apr 199689521.51$0
Mar 199692519.38$0
Feb 199685316.98$0
Jan 199690317.07$0
Dec 199592817.19$0
Nov 199592316.00$0
Oct 199585615.43$0
Sep 199598916.18$0
Aug 19951,10215.92$0
Jul 19951,04815.24$0
Jun 19951,06316.41$0
May 19951,08917.56$0
Apr 199571817.73$0
Mar 199578616.44$0
Feb 199570416.58$0
Jan 199581415.92$0
Dec 199479615.03$0
Nov 199481615.90$0
Oct 199485415.58$0
Sep 199481815.29$0
Aug 199481916.13$0
Jul 199495917.56$0
Jun 199480817.09$0
May 199479415.88$0
Apr 199467214.14$0
Mar 199441012.46$0
Feb 199463012.50$0
Jan 199479912.66$0
Dec 199381412.33$0
Nov 199385114.49$0
Oct 199392315.85$0
Sep 199391815.03$0
Aug 199395315.66$0
Jul 199389715.46$0
Jun 199382716.79$0
May 199370417.68$0
Apr 19933418.05$0
Mar 199311318.14$0
Feb 19938217.90$0
Jan 199327716.93$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.

Dec 2005 — as filed, then multipliedworked
Gas                  425 Mcf  × $ 13.42 =     $5,702

────────────────────────────────────────────────────
Month total                                   $5,702

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/25464 is the state's own key, not one this site invented.