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 265278District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.1 M
May 2011 – May 2026
Value, last 12 filed months
$218 k
at the published price for each month
Months reported
181
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 Gas112012-12-27207423
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
CondensateDisposition97,238 bbl$8,185,573
GasProduction3,847,528 Mcf$13,963,769
Total$22,149,341

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 35.5159, -100.0160. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.51595, -100.01603 · 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
12,627 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 12,627 ft.

Completions filed
May 2011
1 of 1 wells

1 well

42-483331372H12,627 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 (181)

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

181 months

May 20261624,025106.413.05$29,498
Apr 20260098.932.87$0
Mar 20261903,53389.753.15$28,179
Feb 202602,74763.503.75$10,302
Jan 202603,33659.138.00$26,681
Dec 202503,30856.664.41$14,599
Nov 2025615,38658.593.93$24,722
Oct 202503,16259.383.30$10,450
Sep 2025993,34662.743.08$16,507
Aug 202503,91563.933.01$11,803
Jul 2025977,88266.743.32$32,604
Jun 202504,17266.483.13$13,053
May 202503,61360.553.23$11,678
Apr 202503,45462.363.54$12,238
Mar 20252034,01667.704.27$30,885
Feb 2025253,83270.884.34$18,406
Jan 202503,47574.324.28$14,868
Dec 20241024,03968.993.12$19,644
Nov 202403,80469.052.20$8,363
Oct 202404,25671.372.28$9,710
Sep 20241724,06469.612.36$21,582
Aug 202403,90475.632.06$8,056
Jul 202404,47779.932.15$9,610
Jun 20241023,86878.082.63$18,152
May 202404,58178.812.20$10,071
Apr 20241853,80184.451.66$21,930
Mar 202404,11780.301.55$6,361
Feb 20241924,35376.091.78$22,373
Jan 202403,93173.023.30$12,963
Dec 202303,93771.262.61$10,278
Nov 202304,16377.892.81$11,688
Oct 20231924,50385.443.09$30,307
Sep 202304,05789.042.74$11,096
Aug 202304,29480.522.67$11,477
Jul 20231644,75174.852.64$24,827
Jun 20231093,21368.962.26$14,773
May 202304,66970.622.23$10,400
Apr 202304,55078.122.24$10,182
Mar 20231954,92272.852.39$25,985
Feb 202304,55575.112.47$11,231
Jan 20231765,17776.533.39$31,008
Dec 202204,27576.415.73$24,492
Nov 20221895,32385.005.65$46,120
Oct 202204,80387.185.86$28,164
Sep 20221795,09784.888.16$56,804
Aug 202204,42094.529.13$40,342
Jul 202204,769101.587.54$35,968
Jun 20221903,206115.097.98$47,442
May 202204,950109.378.43$41,744
Apr 202204,619104.226.84$31,583
Mar 2022664,587108.885.08$30,472
Feb 20221835,18091.054.86$41,831
Jan 20221806,08181.844.54$42,325
Dec 202106,46671.323.90$25,212
Nov 202106,23477.435.24$32,647
Oct 20211936,05579.795.71$49,997
Sep 202106,71169.865.35$35,910
Aug 20211884,27366.024.22$30,446
Jul 202107,01370.783.98$27,926
Jun 20211736,50169.493.38$33,999
May 202106,83963.483.02$20,638
Apr 20211946,61660.362.76$29,960
Mar 202107,58361.302.72$20,603
Feb 20211955,31157.805.55$40,736
Jan 202107,22450.412.81$20,301
Dec 20201987,27844.642.68$28,311
Nov 202007,32038.772.71$19,812
Oct 20201107,78136.972.48$23,351
Sep 20201276,35937.091.99$17,371
Aug 20201867,64539.982.39$25,670
Jul 20203787,68538.371.83$28,530
Jun 202007,52234.901.69$12,715
May 202007,58716.921.81$13,769
Apr 20201917,41614.751.80$16,199
Mar 202008,14530.341.86$15,119
Feb 20201847,95849.881.98$24,940
Jan 20201868,40957.252.09$28,263
Dec 201908,26359.012.30$19,041
Nov 20191938,05755.302.75$32,835
Oct 20191758,25953.472.42$29,332
Sep 201908,38255.052.66$22,273
Aug 20191708,86953.112.30$29,466
Jul 201908,98656.272.46$22,106
Jun 20191839,00952.782.49$32,102
May 20191849,16658.482.74$35,878
Apr 20191839,09762.632.75$36,484
Mar 20191789,69656.803.06$39,801
Feb 201908,44250.852.79$23,572
Jan 20193709,60646.033.23$48,041
Dec 201809,69346.594.19$40,569
Nov 20183679,38952.934.24$59,209
Oct 201809,94761.443.40$33,801
Sep 201809,82059.543.11$30,521
Aug 201817010,82859.403.07$43,303
Jul 20181757,81865.142.93$34,321
Jun 20181819,55560.183.08$40,293
May 201817410,20065.382.90$40,964
Apr 201817910,36363.842.90$41,488
Mar 201818610,60661.222.79$40,944
Feb 2018010,61361.782.77$29,357
Jan 201836411,59462.874.01$69,369
Dec 201717411,89857.272.92$44,725
Nov 2017011,60655.423.12$36,192
Oct 201717312,46149.292.98$45,707
Sep 201736512,29547.523.09$55,303
Aug 2017013,16145.373.00$39,541
Jul 201717613,12843.873.09$48,251
Jun 201716812,89242.493.09$46,940
May 201735513,52945.373.26$60,257
Apr 201716613,12647.933.21$50,112
Mar 201717513,68646.772.98$49,019
Feb 201717912,72550.452.95$46,602
Jan 201719114,08349.413.42$57,584
Dec 201636315,38748.763.72$74,983
Nov 201616813,76242.492.64$43,530
Oct 201618414,26946.193.09$52,594
Sep 201636213,73641.553.10$57,631
Aug 201618115,02441.442.92$51,436
Jul 201636414,53741.622.92$57,661
Jun 201635614,36945.352.69$54,737
May 201617715,03242.521.99$37,455
Apr 201636714,87636.561.99$43,036
Mar 201636615,56233.011.79$40,000
Feb 201636914,54626.472.06$39,785
Jan 201638314,62027.352.36$45,042
Dec 201518616,77832.362.00$39,599
Nov 201535913,85838.792.17$43,960
Oct 201536816,95543.552.43$57,169
Sep 201536416,88742.992.76$62,230
Aug 201535517,79640.162.87$65,376
Jul 201536618,16848.152.95$71,129
Jun 201537818,37056.152.88$74,183
May 201537318,80555.212.96$76,171
Apr 201538118,70349.822.71$69,602
Mar 201556519,70542.892.93$82,061
Feb 201538218,56744.662.98$72,319
Jan 201538420,83143.433.10$81,266
Dec 201438821,27254.693.59$97,615
Nov 201456920,59470.464.25$127,654
Oct 201438422,08378.303.90$116,212
Sep 201458023,42886.164.05$144,749
Aug 201436019,49589.394.04$110,845
Jul 201476022,85996.564.18$168,927
Jun 201439123,05198.164.74$147,570
May 201457624,29594.734.73$169,396
Apr 201457724,20295.944.81$171,748
Mar 201455725,70295.895.06$183,381
Feb 201455423,95697.406.19$202,295
Jan 201475526,18990.404.86$195,549
Dec 201356026,68891.824.35$167,632
Nov 201376926,50388.853.74$167,401
Oct 201357328,50897.423.78$163,564
Sep 201393828,646104.113.72$204,154
Aug 20131,12633,623104.253.52$235,826
Jul 201371735,257102.523.72$204,583
Jun 201388834,30494.403.93$218,759
May 201374132,82994.834.15$206,479
Apr 201392932,75693.964.28$227,569
Mar 20131,32835,85693.623.91$264,627
Feb 201375433,65991.233.42$183,898
Jan 201376137,95291.603.42$199,500
Dec 20121,31639,19086.773.42$248,225
Nov 201256039,06786.953.62$190,308
Oct 20121,15140,85489.383.40$241,767
Sep 20121,33041,83194.672.92$247,991
Aug 20121,13345,17192.662.91$236,348
Jul 20121,64647,80885.133.02$284,542
Jun 20121,64950,81779.822.52$259,633
May 20121,28853,22291.612.49$250,427
Apr 20121,47253,369101.652.00$256,196
Mar 20121,11143,616105.052.22$213,629
Feb 201275411,323101.102.57$105,332
Jan 20122,63989,77398.092.73$504,306
Dec 20112,78898,02796.873.24$587,656
Nov 20113,050120,64095.723.31$691,419
Oct 20113,446117,90884.983.65$723,033
Sep 20114,306159,06383.623.99$994,061
Aug 20116,914170,25883.404.15$1,283,083
Jul 20116,054216,99794.144.52$1,550,151
Jun 201112,563284,92592.904.64$2,489,121
May 20115,962297,54298.134.40$1,895,670

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           162 bbl  × $106.41 =    $17,238
Gas                4,025 Mcf  × $  3.05 =    $12,260

────────────────────────────────────────────────────
Month total                                  $29,498

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/265278 is the state's own key, not one this site invented.