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 268952District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.6 M
Aug 2012 – May 2026
Value, last 12 filed months
$345 k
at the published price for each month
Months reported
166
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 Gas112013-08-12207565
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
CondensateDisposition61,146 bbl$4,586,393
GasProduction1,698,875 Mcf$5,984,197
Total$10,570,590

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 35.5166, -100.0113. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.51662, -100.01129 · 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
12,948 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 12,948 ft.

Completions filed
Aug 2012
1 of 1 wells

1 well

42-483334926H12,948 ftAug 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 (166)

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

166 months

May 202606,446106.413.05$19,633
Apr 2026085098.932.87$2,439
Mar 20261916,37889.753.15$37,229
Feb 20261896,64663.503.75$36,926
Jan 202603,32759.138.00$26,609
Dec 20251756,68456.664.41$39,414
Nov 20251907,13158.593.93$39,132
Oct 20251856,58759.383.30$32,754
Sep 202506,79862.743.08$20,917
Aug 20251897,15463.933.01$33,650
Jul 202506,77766.743.32$22,467
Jun 20251916,88366.483.13$34,233
May 2025927,20560.553.23$28,859
Apr 20251886,08362.363.54$33,276
Mar 20251356,93567.704.27$38,740
Feb 202504,85670.884.34$21,079
Jan 202519610,47274.324.28$59,373
Dec 202419111,43568.993.12$48,870
Nov 202406,77769.052.20$14,899
Oct 20241919,49371.372.28$35,289
Sep 20241938,71969.612.36$34,050
Aug 20241578,27775.632.06$28,955
Jul 202408,21879.932.15$17,641
Jun 20241577,04878.082.63$30,823
May 20241446,79878.812.20$26,294
Apr 202406,65384.451.66$11,039
Mar 20243858,24780.301.55$43,658
Feb 20241866,71876.091.78$26,135
Jan 202404,81973.023.30$15,891
Dec 2023010,13271.262.61$26,452
Nov 20231977,97377.892.81$37,729
Oct 202309,42085.443.09$29,082
Sep 20231815,50089.042.74$31,159
Aug 20231883,19780.522.67$23,683
Jul 202303,06974.852.64$8,108
Jun 20231932,64668.962.26$19,285
May 202305,89570.622.23$13,131
Apr 20231906,79078.122.24$30,037
Mar 20231696,31572.852.39$27,424
Feb 20231845,22375.112.47$26,698
Jan 20231966,38676.533.39$36,634
Dec 202208,71276.415.73$49,912
Nov 202218611,64285.005.65$81,543
Oct 2022012,13187.185.86$71,133
Sep 202216511,28784.888.16$106,149
Aug 202218714,47294.529.13$149,764
Jul 20223599,673101.587.54$109,422
Jun 2022011,631115.097.98$92,783
May 20221857,855109.378.43$86,475
Apr 202205,756104.226.84$39,357
Mar 20221884,934108.885.08$45,516
Feb 202204,53491.054.86$22,030
Jan 20221944,70281.844.54$37,213
Dec 20211834,68871.323.90$31,331
Nov 202105,20977.435.24$27,279
Oct 20211854,81379.795.71$42,262
Sep 20211814,40869.865.35$36,232
Aug 202103,74466.024.22$15,802
Jul 20211905,79370.783.98$36,516
Jun 20211214,91669.493.38$25,027
May 20211885,55863.483.02$28,706
Apr 202103,77460.362.76$10,410
Mar 20211854,83561.302.72$24,477
Feb 202104,86257.805.55$26,974
Jan 20211985,19550.412.81$24,581
Dec 20202804,98144.642.68$25,826
Nov 20201855,14238.772.71$21,090
Oct 202005,20136.972.48$12,890
Sep 20201254,66637.091.99$13,926
Aug 20203525,43539.982.39$27,036
Jul 20203915,70338.371.83$25,411
Jun 202005,57834.901.69$9,429
May 202005,67516.921.81$10,299
Apr 20201965,46814.751.80$12,757
Mar 20201915,76030.341.86$16,487
Feb 20201875,79149.881.98$20,798
Jan 20201915,94757.252.09$23,392
Dec 20191906,28959.012.30$25,704
Nov 20191855,56855.302.75$25,546
Oct 201905,64353.472.42$13,648
Sep 20191845,93155.052.66$25,890
Aug 20191666,11153.112.30$22,898
Jul 20191836,12556.272.46$25,365
Jun 20193705,93052.782.49$34,301
May 20191856,70358.482.74$29,187
Apr 20191796,54562.632.75$29,214
Mar 20191796,98756.803.06$31,562
Feb 20191856,18750.852.79$26,683
Jan 20191846,94946.033.23$30,902
Dec 20183756,81946.594.19$46,012
Nov 20181706,51152.934.24$36,587
Oct 20181856,99061.443.40$35,119
Sep 20181846,60559.543.11$31,484
Aug 20181767,38059.403.07$33,086
Jul 20183677,07465.142.93$44,647
Jun 20181717,29560.183.08$32,737
May 20181746,91865.382.90$31,444
Apr 20183466,45763.842.90$40,819
Mar 20181647,42161.222.79$30,721
Feb 20181826,47961.782.77$29,166
Jan 20181727,75562.874.01$41,906
Dec 20173577,84657.272.92$43,368
Nov 20173607,67055.423.12$43,869
Oct 20171908,27449.292.98$34,052
Sep 20171927,40247.523.09$31,976
Aug 20173418,39845.373.00$40,702
Jul 20171688,46843.873.09$33,513
Jun 20175508,30542.493.09$49,009
May 20173698,07445.373.26$43,090
Apr 201708,15147.933.21$26,178
Mar 20171918,55046.772.98$34,444
Feb 20173477,98250.452.95$41,074
Jan 20173549,18949.413.42$48,906
Dec 20163558,90248.763.72$50,450
Nov 20161708,81542.492.64$30,533
Oct 20163309,25646.193.09$43,846
Sep 20163439,08141.553.10$42,408
Aug 20163389,63641.442.92$42,186
Jul 20163609,30941.622.92$42,206
Jun 20163579,02645.352.69$40,432
May 20163569,70742.521.99$34,464
Apr 20165289,51336.561.99$38,244
Mar 20163619,76833.011.79$29,441
Feb 20163319,27026.472.06$27,891
Jan 20165689,91127.352.36$38,968
Dec 20153799,89732.362.00$32,072
Nov 20153819,21138.792.17$34,742
Oct 201556412,85443.552.43$55,753
Sep 201537211,24342.992.76$47,005
Aug 201537710,16740.162.87$44,345
Jul 201556111,46348.152.95$60,772
Jun 201538510,63356.152.88$52,271
May 201557111,19555.212.96$64,611
Apr 201537911,04549.822.71$48,776
Mar 201535611,46042.892.93$48,901
Feb 201557811,78844.662.98$60,897
Jan 201558511,31043.433.10$60,475
Dec 201438511,50954.693.59$62,389
Nov 201456012,19170.464.25$91,292
Oct 201457212,84578.303.90$94,895
Sep 201458712,50286.164.05$101,152
Aug 201441013,42889.394.04$90,833
Jul 201476513,92396.564.18$132,061
Jun 201477513,47098.164.74$139,880
May 201438114,04594.734.73$102,477
Apr 201473214,32495.944.81$139,114
Mar 201475415,34195.895.06$149,877
Feb 201476014,10097.406.19$161,331
Jan 201474516,22590.404.86$146,213
Dec 201374516,94391.824.35$142,184
Nov 201393916,63988.853.74$145,631
Oct 201358218,23397.423.78$125,608
Sep 20131,49718,463104.113.72$224,493
Aug 201358020,111104.253.52$131,308
Jul 20131,14421,388102.523.72$196,798
Jun 201378021,62094.403.93$158,672
May 20131,17923,52394.834.15$209,403
Apr 20131,18124,06493.964.28$214,023
Mar 20131,37927,84793.623.91$238,064
Feb 20131,55523,67491.233.42$222,826
Jan 20131,37033,11791.603.42$238,749
Dec 20121,97541,17486.773.42$312,192
Nov 20122,27050,75186.953.62$381,347
Oct 20122,97868,69789.383.40$499,721
Sep 20124,63781,80194.672.92$677,713
Aug 201275322,05592.662.91$133,912

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                6,446 Mcf  × $  3.05 =    $19,633

────────────────────────────────────────────────────
Month total                                  $19,633

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/268952 is the state's own key, not one this site invented.