SMITH, A.C.

Operated by PRESIDIO PETROLEUM LLC (P-5 676084) in the STILES RANCH (GRANITE WASH CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 265275District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
Jul 2011 – May 2026
Value, last 12 filed months
$264 k
at the published price for each month
Months reported
179
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 906 leases and 906 wells, and the rule below applies to all of them.

Discovered
2008-06-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-10-11.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112013-04-30207424
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
CondensateDisposition48,530 bbl$3,744,680
GasProduction1,833,142 Mcf$6,232,904
Total$9,977,584

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 35.5160, -100.0212. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.51600, -100.02118 · 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
13,092 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 13,092 ft.

Completions filed
Jul 2011
1 of 1 wells

1 well

42-483331693H13,092 ftJul 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 (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

May 20261844,544106.413.05$33,420
Apr 2026068498.932.87$1,963
Mar 202604,47689.753.15$14,097
Feb 202604,23863.503.75$15,894
Jan 20261914,42859.138.00$46,709
Dec 202503,96556.664.41$17,499
Nov 20251573,79958.593.93$24,115
Oct 202503,84559.383.30$12,707
Sep 202504,39962.743.08$13,535
Aug 20251395,04663.933.01$24,099
Jul 20254035,17066.743.32$44,036
Jun 202504,94066.483.13$15,456
May 2025485,00760.553.23$19,091
Apr 20251954,99362.363.54$29,851
Mar 20251994,75567.704.27$33,768
Feb 202504,85070.884.34$21,053
Jan 202503,39974.324.28$14,543
Dec 2024944,91968.993.12$21,839
Nov 2024069569.052.20$1,528
Oct 20241015,36671.372.28$19,450
Sep 20241944,68669.612.36$24,584
Aug 202405,05175.632.06$10,423
Jul 202405,15979.932.15$11,074
Jun 20242005,30878.082.63$29,597
May 202405,29578.812.20$11,641
Apr 20241655,03884.451.66$22,293
Mar 20241905,26580.301.55$23,392
Feb 202404,76376.091.78$8,495
Jan 20241724,83173.023.30$28,490
Dec 202305,46071.262.61$14,255
Nov 20231825,49177.892.81$29,592
Oct 202305,58385.443.09$17,236
Sep 20231665,51489.042.74$29,862
Aug 202305,60180.522.67$14,971
Jul 20233665,39174.852.64$41,637
Jun 202304,99068.962.26$11,270
May 202305,65870.622.23$12,603
Apr 20231905,56678.122.24$27,298
Mar 202305,75172.852.39$13,763
Feb 20231655,56275.112.47$26,107
Jan 20231995,33376.533.39$33,296
Dec 202205,34476.415.73$30,616
Nov 20221955,25385.005.65$46,234
Oct 202205,71987.185.86$33,535
Sep 20221885,71484.888.16$62,605
Aug 202205,80794.529.13$53,001
Jul 202206,562101.587.54$49,491
Jun 20221795,535115.097.98$64,755
May 202205,791109.378.43$48,836
Apr 20223435,792104.226.84$75,351
Mar 202206,008108.885.08$30,499
Feb 20221954,47991.054.86$39,517
Jan 20221953,99481.844.54$34,082
Dec 202104,80771.323.90$18,743
Nov 202104,70277.435.24$24,624
Oct 20211935,02779.795.71$44,123
Sep 202105,01769.865.35$26,846
Aug 20211834,84566.024.22$32,530
Jul 202105,70870.783.98$22,730
Jun 202105,72069.493.38$19,337
May 20211675,41463.483.02$26,939
Apr 20211945,33960.362.76$26,437
Mar 202105,25961.302.72$14,288
Feb 202101,60157.805.55$8,882
Jan 202104,57850.412.81$12,865
Dec 20201115,09944.642.68$18,597
Nov 20201955,29338.772.71$21,886
Oct 202003,85436.972.48$9,552
Sep 20201905,73937.091.99$18,474
Aug 202003,45539.982.39$8,241
Jul 20201925,34138.371.83$17,115
Jun 202005,18634.901.69$8,766
May 202005,59016.921.81$10,144
Apr 20202004,84614.751.80$11,694
Mar 20201884,58630.341.86$14,217
Feb 202004,51849.881.98$8,949
Jan 20201405,30457.252.09$19,126
Dec 201901,41759.012.30$3,265
Nov 20191905,84755.302.75$26,590
Oct 201906,46353.472.42$15,631
Sep 20191736,73055.052.66$27,407
Aug 20191796,76453.112.30$25,093
Jul 201906,92456.272.46$17,033
Jun 20193716,97752.782.49$36,962
May 201907,36758.482.74$20,188
Apr 20191887,21562.632.75$31,621
Mar 20191887,23356.803.06$32,827
Feb 20191896,77250.852.79$28,520
Jan 201906,82846.033.23$22,042
Dec 20181778,10846.594.19$42,182
Nov 20181898,24252.934.24$44,927
Oct 20181908,25761.443.40$39,732
Sep 20181768,75159.543.11$37,677
Aug 20181739,25059.403.07$38,642
Jul 20181859,18365.142.93$38,974
Jun 201808,62560.183.08$26,538
May 20181878,94965.382.90$38,185
Apr 20183668,93663.842.90$49,287
Mar 20181909,60061.222.79$38,385
Feb 201808,56661.782.77$23,695
Jan 20181908,87262.874.01$47,516
Dec 20171927,94557.272.92$34,207
Nov 20171917,89955.423.12$35,217
Oct 20171908,10649.292.98$33,551
Sep 20173707,85847.523.09$41,842
Aug 20171878,28945.373.00$33,388
Jul 201708,39543.873.09$25,918
Jun 20171768,06742.493.09$32,383
May 20173708,70545.373.26$45,195
Apr 20171928,23947.933.21$35,663
Mar 20171888,67846.772.98$34,685
Feb 20171877,90550.452.95$32,774
Jan 20171959,05449.413.42$40,589
Dec 20161969,10648.763.72$43,457
Nov 201618811,51642.492.64$38,440
Oct 20161829,01246.193.09$36,256
Sep 20161838,65441.553.10$34,437
Aug 20161829,43641.442.92$35,136
Jul 20163629,78141.622.92$43,669
Jun 20161869,92045.352.69$35,079
May 201617610,07442.521.99$27,541
Apr 20163719,28736.561.99$32,055
Mar 20161829,70833.011.79$23,424
Feb 20163679,17826.472.06$28,654
Jan 201636410,01027.352.36$33,623
Dec 20153729,63832.362.00$31,328
Nov 20153726,43238.792.17$28,370
Oct 2015210,32343.552.43$25,137
Sep 201556410,50042.992.76$53,210
Aug 201536211,03340.162.87$46,230
Jul 2015311,27748.152.95$33,356
Jun 201519310,55556.152.88$41,266
May 201518910,08555.212.96$40,240
Apr 201537210,46649.822.71$46,860
Mar 201536810,22742.892.93$45,797
Feb 20153759,79644.662.98$45,902
Jan 20153729,76743.433.10$46,440
Dec 201438010,36854.693.59$58,017
Nov 201419512,46670.464.25$66,743
Oct 201438212,78378.303.90$79,777
Sep 201416612,62186.164.05$65,360
Aug 201439113,25289.394.04$88,425
Jul 201433213,45896.564.18$88,307
Jun 201438912,82098.164.74$98,911
May 201439113,68194.734.73$101,704
Apr 201458213,50195.944.81$120,765
Mar 201477113,85095.895.06$143,968
Feb 2014011,94997.406.19$73,988
Jan 201457514,51290.404.86$122,519
Dec 201338515,42991.824.35$102,536
Nov 201357415,17388.853.74$107,721
Oct 201357417,01097.423.78$120,206
Sep 201357517,047104.113.72$123,240
Aug 201355817,998104.253.52$121,571
Jul 201337218,375102.523.72$106,451
Jun 201376818,53394.403.93$145,397
May 201338518,70994.834.15$114,135
Apr 201375319,46793.964.28$154,121
Mar 201374621,49593.623.91$153,948
Feb 201356117,22791.233.42$110,095
Jan 201356922,24991.603.42$128,210
Dec 201295520,41186.773.42$152,674
Nov 201238421,98186.953.62$113,069
Oct 201295923,60989.383.40$165,978
Sep 201259224,09394.672.92$126,358
Aug 201294727,77592.662.91$168,523
Jul 201292728,84285.133.02$166,041
Jun 201274727,93679.822.52$129,997
May 201255831,68391.612.49$129,956
Apr 20121,30635,204101.652.00$203,050
Mar 201293228,096105.052.22$160,338
Feb 20121,12834,488101.102.57$202,683
Jan 201275728,72798.092.73$152,796
Dec 20111,30441,11796.873.24$259,527
Nov 20111901,28695.723.31$22,445
Oct 20111,88439,98184.983.65$305,975
Sep 20111,65461,38583.623.99$382,976
Aug 20111,81744,05983.404.15$334,353
Jul 201154544,05994.144.52$250,331

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           184 bbl  × $106.41 =    $19,579
Gas                4,544 Mcf  × $  3.05 =    $13,840

────────────────────────────────────────────────────
Month total                                  $33,420

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/265275 is the state's own key, not one this site invented.