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 265669District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.4 M
Feb 2012 – May 2026
Value, last 12 filed months
$543
at the published price for each month
Months reported
172
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 Gas112013-01-15207425
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
CondensateDisposition43,877 bbl$3,828,931
GasProduction1,817,887 Mcf$5,594,543
Total$9,423,473

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 35.5164, -100.0069. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.51644, -100.00690 · 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
12,636 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 12,636 ft.

Completions filed
Feb 2012
1 of 1 wells

1 well

42-483333245H12,636 ftFeb 2012

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 (172)

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

172 months

May 2026015106.413.05$46
Apr 20260098.932.87$0
Mar 202601489.753.15$44
Feb 202602263.503.75$83
Jan 20260059.138.00$0
Dec 202501456.664.41$62
Nov 202501458.593.93$55
Oct 20250059.383.30$0
Sep 202501462.743.08$43
Aug 202501463.933.01$42
Jul 20250066.743.32$0
Jun 202505466.483.13$169
May 202503160.553.23$100
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 202501470.884.34$61
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202401579.932.15$32
Jun 20240678.082.63$16
May 202409478.812.20$207
Apr 202409284.451.66$153
Mar 20241925280.301.55$15,498
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202301,55671.262.61$4,062
Nov 2023085077.892.81$2,386
Oct 202302,78585.443.09$8,598
Sep 2023085089.042.74$2,325
Aug 2023087880.522.67$2,347
Jul 2023087874.852.64$2,320
Jun 2023085068.962.26$1,920
May 2023087870.622.23$1,956
Apr 20231851,32478.122.24$17,415
Mar 202302,40672.852.39$5,758
Feb 2023097675.112.47$2,407
Jan 2023087876.533.39$2,974
Dec 202202,91276.415.73$16,683
Nov 202203,08285.005.65$17,402
Oct 20221902,06187.185.86$28,649
Sep 202201,98284.888.16$16,180
Aug 202202,62694.529.13$23,968
Jul 20220796101.587.54$6,004
Jun 202202,692115.097.98$21,475
May 202202,227109.378.43$18,780
Apr 202201,844104.226.84$12,609
Mar 2022123425108.885.08$15,550
Feb 202202,41691.054.86$11,739
Jan 202202,02281.844.54$9,175
Dec 20211871,37571.323.90$18,698
Nov 202102,04277.435.24$10,694
Oct 202102,01379.795.71$11,502
Sep 202102,06869.865.35$11,066
Aug 202102,14566.024.22$9,053
Jul 202102,63170.783.98$10,477
Jun 2021453,05069.493.38$13,438
May 202103,57563.483.02$10,788
Apr 20211723,13260.362.76$19,021
Mar 202103,05961.302.72$8,311
Feb 202103,03857.805.55$16,855
Jan 202102,66650.412.81$7,492
Dec 2020652,04144.642.68$8,362
Nov 202001,95038.772.71$5,278
Oct 202003,20636.972.48$7,946
Sep 20201532,77637.091.99$11,202
Aug 202003,22339.982.39$7,687
Jul 20201943,34238.371.83$13,543
Jun 202003,74234.901.69$6,325
May 202004,13916.921.81$7,511
Apr 202003,67914.751.80$6,638
Mar 202003,37230.341.86$6,259
Feb 202002,65949.881.98$5,267
Jan 20201903,35857.252.09$17,912
Dec 201903,44459.012.30$7,936
Nov 201902,18155.302.75$5,999
Oct 201903,20053.472.42$7,739
Sep 201903,00555.052.66$7,985
Aug 201903,06053.112.30$7,051
Jul 20191823,42456.272.46$18,664
Jun 201903,64852.782.49$9,088
May 201903,72958.482.74$10,219
Apr 201903,42462.632.75$9,418
Mar 20191703,52856.803.06$20,459
Feb 201903,99350.852.79$11,149
Jan 20191734,27946.033.23$21,777
Dec 201804,34946.594.19$18,202
Nov 201803,66752.934.24$15,538
Oct 201801,21561.443.40$4,129
Sep 2018086759.543.11$2,695
Aug 201818088359.403.07$13,400
Jul 201804,90465.142.93$14,378
Jun 20181685,83160.183.08$28,052
May 201806,04265.382.90$17,527
Apr 201802,86463.842.90$8,308
Mar 20181893,49361.222.79$21,305
Feb 201804,89161.782.77$13,529
Jan 201802,58662.874.01$10,368
Dec 201704,13357.272.92$12,075
Nov 20171794,93355.423.12$25,303
Oct 201705,34049.292.98$15,933
Sep 20171764,96947.523.09$23,704
Aug 201705,48745.373.00$16,485
Jul 20171675,57143.873.09$24,526
Jun 201705,20242.493.09$16,060
May 20171805,87745.373.26$27,346
Apr 201705,30647.933.21$17,041
Mar 20171804,88946.772.98$23,006
Feb 201704,62850.452.95$13,665
Jan 201706,29949.413.42$21,535
Dec 20161865,83848.763.72$30,803
Nov 201606,62142.492.64$17,508
Oct 20161837,01646.193.09$30,134
Sep 20161756,78741.553.10$28,315
Aug 201606,85541.442.92$20,046
Jul 20161755,69041.622.92$23,923
Jun 201605,71845.352.69$15,358
May 2016785,78742.521.99$14,839
Apr 20161715,63436.561.99$17,469
Mar 20161716,27833.011.79$16,908
Feb 20161596,10526.472.06$16,807
Jan 20161607,55027.352.36$22,227
Dec 201506,38432.362.00$12,777
Nov 20151695,47438.792.17$18,419
Oct 20151706,65443.552.43$23,550
Sep 20151805,93342.992.76$24,104
Aug 201527,42940.162.87$21,420
Jul 20151897,23548.152.95$30,408
Jun 20151877,44656.152.88$31,966
May 20151897,46955.212.96$32,509
Apr 201506,78549.822.71$18,364
Mar 20153756,80742.892.93$36,060
Feb 201504,83444.662.98$14,387
Jan 20151996,28343.433.10$28,124
Dec 201406,95354.693.59$24,971
Nov 20143847,43370.464.25$58,661
Oct 20141807,84378.303.90$44,689
Sep 201408,04786.164.05$32,554
Aug 20141907,15089.394.04$45,835
Jul 20141798,36296.564.18$52,234
Jun 20141928,06298.164.74$57,035
May 20141948,28494.734.73$57,532
Apr 20141899,06195.944.81$61,708
Mar 20141818,66695.895.06$61,178
Feb 20141877,27397.406.19$63,248
Jan 201418310,68290.404.86$68,465
Dec 201395312,85691.824.35$143,486
Nov 201319113,09588.853.74$65,923
Oct 201317512,77297.423.78$65,318
Sep 201337412,813104.113.72$86,573
Aug 201304,505104.253.52$15,869
Jul 201300102.523.72$0
Jun 20133807,89794.403.93$66,934
May 20131,48456,11294.834.15$373,541
Apr 20131,14846,08493.964.28$305,225
Mar 20131,51050,60493.623.91$339,373
Feb 201393945,45291.233.42$241,107
Jan 20131,53655,33091.603.42$329,921
Dec 20121,50758,98786.773.42$332,507
Nov 20121,50160,67886.953.62$350,467
Oct 20121,69765,96489.383.40$375,934
Sep 20121,88666,59594.672.92$372,898
Aug 20122,22273,31792.662.91$419,108
Jul 20122,38382,96885.133.02$453,495
Jun 20122,41388,75979.822.52$416,193
May 20122,07468,66591.612.49$360,860
Apr 20123,026111,990101.652.00$531,215
Mar 20125,062188,907105.052.22$951,530
Feb 20122,599127,028101.102.57$589,251

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                   15 Mcf  × $  3.05 =        $46

────────────────────────────────────────────────────
Month total                                      $46

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/265669 is the state's own key, not one this site invented.