SMITH

Operated by PONDEROSA TX OPERATING LLC (P-5 670097) in the PANHANDLE HUTCHINSON COUNTY FLD. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1212District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$55 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 918 leases and 8,177 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

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
NGPA17none

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
OilDisposition25,555 bbl$1,373,461
Casinghead gasProduction47,425 Mcf$39,028
Total$1,412,488

32,048 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 (21)

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 35.8259, -101.4016. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

35.82558, -101.40491 · 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
61.9%
13 of 21 wells
With a plug date
19.0%
4 of 21 wells
Median depth
3,105 ft
4 wells filed one
Completion to plug
38.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1361.9%
A plug date is filed
419.0%
BothOn the schedule and plugged. Neither fact cancels the other.
419.0%
NeitherNo plug date, and not on the schedule.
838.1%

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

Total depth in feet, 4 of 21 wells. Median 3,105 ft, with the middle half between 3,076 and 3,125 ft; the shallowest is 3,025 ft and the deepest 3,150 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 1 of 21 wells, Sep 1980. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 1980
1 of 21 wells; 20 filed none
Plug dates filed
Aug 2011 – Aug 2019
4 of 21 wells; 17 filed none

Last completion to plug: a median of 38.9 years across the 1 well that filed both dates, with the middle half between 38.9 years and 38.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

21 wells

42-233017415Yes
42-233017456Yes
42-2330991240W3,093 ftNov 2014Yes
42-2330991416Yes
42-233099168Yes
42-2330992238Yes
42-2330992514Yes
42-2330993013W3,025 ftAug 2011Yes
42-2331300643,116 ftAug 2019Yes
42-2338334515Yes
42-233833487Yes
42-2338335236Yes
42-2330173421
42-2330173524
42-2330173620
42-233017401
42-233017442
42-2330991928
42-233134583
42-2338333432
42-23330846103,150 ftSep 1980Aug 2019Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 2026180098.932.87$17,807
Mar 20260089.753.15$0
Feb 2026191063.503.75$12,129
Jan 20260059.138.00$0
Dec 202588056.664.41$4,986
Nov 20250058.593.93$0
Oct 2025162059.383.30$9,620
Sep 20250062.743.08$0
Aug 2025158063.933.01$10,101
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025246060.553.23$14,895
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 2025177070.884.34$12,546
Jan 202592074.324.28$6,837
Dec 20240068.993.12$0
Nov 2024182069.052.20$12,567
Oct 2024173071.372.28$12,347
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 2024132079.932.15$10,551
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024108084.451.66$9,121
Mar 202492080.301.55$7,388
Feb 2024125076.091.78$9,511
Jan 2024188073.023.30$13,728
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 2023188085.443.09$16,063
Sep 20230089.042.74$0
Aug 2023156080.522.67$12,561
Jul 20230074.852.64$0
Jun 2023177068.962.26$12,206
May 20230070.622.23$0
Apr 202377078.122.24$6,015
Mar 2023196072.852.39$14,279
Feb 20230075.112.47$0
Jan 202372076.533.39$5,510
Dec 2022118076.415.73$9,016
Nov 202265085.005.65$5,525
Oct 202282087.185.86$7,149
Sep 202295084.888.16$8,064
Aug 202293094.529.13$8,790
Jul 20221870101.587.54$18,995
Jun 202200115.097.98$0
May 2022870109.378.43$9,515
Apr 20221380104.226.84$14,382
Mar 2022620108.885.08$6,751
Feb 2022170091.054.86$15,479
Jan 20220081.844.54$0
Dec 2021176071.323.90$12,552
Nov 20210077.435.24$0
Oct 2021181079.795.71$14,442
Sep 20210069.865.35$0
Aug 2021133066.024.22$8,781
Jul 20216070.783.98$425
Jun 2021176069.493.38$12,230
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021182057.805.55$10,520
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020184038.772.71$7,134
Oct 20200036.972.48$0
Sep 2020174037.091.99$6,454
Aug 20200039.982.39$0
Jul 2020180038.371.83$6,907
Jun 2020183034.901.69$6,387
May 20200016.921.81$0
Apr 2020179014.751.80$2,640
Mar 20200030.341.86$0
Feb 2020163049.881.98$8,130
Jan 2020192057.252.09$10,992
Dec 2019182059.012.30$10,740
Nov 2019184055.302.75$10,175
Oct 20190053.472.42$0
Sep 2019160055.052.66$8,808
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 2018192046.594.19$8,945
Nov 20180052.934.24$0
Oct 2018184061.443.40$11,305
Sep 20180059.543.11$0
Aug 2018159059.403.07$9,445
Jul 2018188065.142.93$12,246
Jun 20180060.183.08$0
May 2018183065.382.90$11,965
Apr 2018186063.842.90$11,874
Mar 2018168061.222.79$10,285
Feb 2018174061.782.77$10,750
Jan 2018184062.874.01$11,568
Dec 2017185057.272.92$10,595
Nov 2017188055.423.12$10,419
Oct 2017184049.292.98$9,069
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201666048.763.72$3,218
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015181032.362.00$5,857
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015134042.992.76$5,761
Aug 20150040.162.87$0
Jul 2015150048.152.95$7,223
Jun 20150056.152.88$0
May 2015160055.212.96$8,834
Apr 20150049.822.71$0
Mar 2015173042.892.93$7,420
Feb 2015171044.662.98$7,637
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014178078.303.90$13,937
Sep 20140086.164.05$0
Aug 2014175089.394.04$15,643
Jul 20140096.564.18$0
Jun 2014156098.164.74$15,313
May 20140094.734.73$0
Apr 2014141095.944.81$13,528
Mar 2014174095.895.06$16,685
Feb 20140097.406.19$0
Jan 2014178090.404.86$16,091
Dec 20130091.824.35$0
Nov 2013169088.853.74$15,016
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 20131530104.253.52$15,950
Jul 20131690102.523.72$17,326
Jun 20130094.403.93$0
May 2013171094.834.15$16,216
Apr 20130093.964.28$0
Mar 2013148093.623.91$13,856
Feb 2013174091.233.42$15,874
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012170086.953.62$14,782
Oct 20120089.383.40$0
Sep 2012152094.672.92$14,390
Aug 2012164092.662.91$15,196
Jul 20120085.133.02$0
Jun 2012148079.822.52$11,813
May 2012156091.612.49$14,291
Apr 20121670101.652.00$16,976
Mar 201200105.052.22$0
Feb 20121550101.102.57$15,671
Jan 2012153098.092.73$15,008
Dec 2011159096.873.24$15,402
Nov 20110095.723.31$0
Oct 2011180084.983.65$15,296
Sep 2011177083.623.99$14,801
Aug 20110083.404.15$0
Jul 2011177094.144.52$16,663
Jun 20110092.904.64$0
May 2011355098.134.40$34,836
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010171078.103.51$13,355
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010160072.554.74$11,608
Jun 2010144070.364.91$10,132
May 2010157071.124.24$11,166
Apr 2010162081.694.12$13,234
Mar 2010331078.394.39$25,947
Feb 20100073.585.44$0
Jan 2010170074.365.96$12,641
Dec 2009171071.445.48$12,216
Nov 2009177074.593.75$13,202
Oct 2009162072.544.11$11,751
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 200991066.163.90$6,021
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 20081660101.909.66$16,915
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 2005137054.9413.42$7,527
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005127045.226.31$5,743
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 200322028.804.60$634
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 2003139028.565.98$3,970
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 200201418.222.38$33
Jan 200212376017.172.38$3,917
Dec 2001074216.932.36$1,754
Nov 200114662518.072.41$4,142
Oct 2001054619.782.53$1,381
Sep 20011614,42624.262.25$13,870
Aug 20011673,50324.873.05$14,849
Jul 200101,03423.933.20$3,306
Jun 200115633424.563.82$5,109
May 2001172025.524.31$4,389
Apr 2001172024.685.34$4,245
Mar 20010024.545.38$0
Feb 2001149027.755.77$4,135
Jan 2001175027.478.40$4,807
Dec 20000026.889.12$0
Nov 2000180032.215.66$5,798
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 200042024.513.12$1,029
Mar 20000028.422.86$0
Feb 2000152027.622.73$4,198
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 199910023.192.43$232
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 1999169015.942.36$2,694
May 1999181015.792.32$2,858
Apr 1999158015.102.21$2,386
Mar 19990012.471.84$0
Feb 19990469.981.82$84
Jan 199902110.381.90$40
Dec 1998124639.201.77$1,253
Nov 199831922410.892.19$3,964
Oct 19980012.421.97$0
Sep 19983399512.592.08$4,466
Aug 199816911011.301.91$2,120
Jul 199812327711.742.24$2,064
Jun 199806511.242.24$145
May 1998049512.622.21$1,092
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 1998243013.952.30$3,390
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970118.193.09$3
Oct 19970919.253.15$28
Sep 199701317.742.95$38
Aug 1997010817.862.55$276
Jul 19970917.582.25$20
Jun 1997031817.242.26$718
May 1997040618.972.31$937
Apr 1997049317.882.08$1,027
Mar 1997062118.951.94$1,204
Feb 19970120.492.21$2
Jan 199701823.483.54$64
Dec 1996032023.32$0
Nov 1996064521.97$0
Oct 1996084723.31$0
Sep 1996024222.22$0
Aug 1996022920.26$0
Jul 1996040519.55$0
Jun 1996058118.73$0
May 1996064519.43$0
Apr 1996079021.51$0
Mar 1996083219.38$0
Feb 1996065216.98$0
Jan 1996032717.07$0
Dec 199528250717.19$4,848
Nov 1995067716.00$0
Oct 1995065415.43$0
Sep 199516770516.18$2,702
Aug 199515336615.92$2,436
Jul 1995071315.24$0
Jun 199515985216.41$2,609
May 199515677617.56$2,739
Apr 199518063317.73$3,191
Mar 199514274316.44$2,334
Feb 199516832416.58$2,785
Jan 199516552715.92$2,627
Dec 199415756615.03$2,360
Nov 199416960515.90$2,687
Oct 199415670315.58$2,430
Sep 1994089115.29$0
Aug 199418678016.13$3,000
Jul 199418072717.56$3,161
Jun 1994064617.09$0
May 1994046515.88$0
Apr 1994066514.14$0
Mar 1994066412.46$0
Feb 199415965212.50$1,988
Jan 1994066112.66$0
Dec 199316473212.33$2,022
Nov 199318774414.49$2,710
Oct 199318196515.85$2,869
Sep 199331677315.03$4,749
Aug 19931591,02715.66$2,490
Jul 199332489415.46$5,009
Jun 1993088816.79$0
May 199317788717.68$3,129
Apr 199315199118.05$2,726
Mar 199316387618.14$2,957
Feb 199332131017.90$5,746
Jan 199331594416.93$5,333

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.

Apr 2026 — as filed, then multipliedworked
Oil                  180 bbl  × $ 98.93 =    $17,807
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $17,807

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/O/1212 is the state's own key, not one this site invented.