PHILLIPS-SMITH

Operated by RESTORATION ENERGY LLC (P-5 703470) 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 710District 10Field 68887001OilCasinghead gasSaveExport
Value, all time
$483 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
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.

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
OilDisposition10,174 bbl$422,146
Casinghead gasProduction19,985 Mcf$61,261
Total$483,407

3,361 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 (2)

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.

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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
no depth filed
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.
2100.0%

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.

2 wells

42-233808081
42-233808092

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 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
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 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
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 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
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 20160048.763.72$0
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 201603933.011.79$70
Feb 2016010626.472.06$219
Jan 2016014327.352.36$338
Dec 2015013232.362.00$264
Nov 2015014238.792.17$308
Oct 2015020643.552.43$500
Sep 2015022842.992.76$629
Aug 2015029940.162.87$859
Jul 2015021948.152.95$645
Jun 2015044656.152.88$1,286
May 2015041955.212.96$1,238
Apr 201501149.822.71$30
Mar 2015014342.892.93$420
Feb 2015022844.662.98$679
Jan 2015016243.433.10$502
Dec 2014027254.693.59$977
Nov 2014033770.464.25$1,433
Oct 2014035078.303.90$1,365
Sep 2014047186.164.05$1,905
Aug 20140089.394.04$0
Jul 2014042396.564.18$1,768
Jun 20140098.164.74$0
May 2014035694.734.73$1,683
Apr 201410736295.944.81$12,006
Mar 201412148095.895.06$14,030
Feb 2014037697.406.19$2,328
Jan 2014089690.404.86$4,355
Dec 2013080791.824.35$3,514
Nov 201316542288.853.74$16,238
Oct 2013038297.423.78$1,444
Sep 201336496104.113.72$5,592
Aug 2013141605104.253.52$16,830
Jul 20130636102.523.72$2,364
Jun 201312161494.403.93$13,838
May 2013078994.834.15$3,274
Apr 20131361,02393.964.28$17,160
Mar 20131301,17493.623.91$16,764
Feb 20130091.233.42$0
Jan 2013144091.603.42$13,190
Dec 2012148086.773.42$12,842
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20121410101.102.57$14,255
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20111410105.964.33$14,940
Mar 2011149096.364.06$14,358
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 2010123073.684.42$9,063
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009130061.133.46$7,947
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009125035.865.37$4,483
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20081500101.767.88$15,264
Aug 200800114.228.48$0
Jul 20081460131.0811.39$19,138
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008143090.388.21$12,924
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 2007131070.906.39$9,288
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 2007151056.927.30$8,595
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 2006132066.286.38$8,749
May 20060066.016.42$0
Apr 2006145064.397.36$9,337
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 2005150054.9413.42$8,241
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 2005140061.4512.08$8,603
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 2005151052.337.38$7,902
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 200547043.166.32$2,029
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 200495043.245.28$4,108
Aug 200464042.375.55$2,712
Jul 20040038.286.08$0
Jun 2004132036.106.43$4,765
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 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
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 200273024.664.14$1,800
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 200278025.963.16$2,025
Jul 20020024.583.06$0
Jun 200280023.733.34$1,898
May 200275024.663.58$1,850
Apr 20020023.653.51$0
Mar 200274022.003.10$1,628
Feb 200277018.222.38$1,403
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 200165018.072.41$1,175
Oct 20010019.782.53$0
Sep 200167024.262.25$1,625
Aug 200176024.873.05$1,890
Jul 20010023.933.20$0
Jun 200177024.563.82$1,891
May 20010025.524.31$0
Apr 200168024.685.34$1,678
Mar 20010024.545.38$0
Feb 200176027.755.77$2,109
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 200081032.215.66$2,609
Oct 20000031.235.15$0
Sep 200081031.875.19$2,581
Aug 20000029.644.54$0
Jul 200082028.534.09$2,339
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 200083028.422.86$2,359
Feb 200082027.622.73$2,265
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999144023.192.43$3,339
Oct 19990020.982.80$0
Sep 199906021.752.62$157
Aug 199908219.262.88$236
Jul 19991468617.892.37$2,816
Jun 1999011515.942.36$272
May 19992246815.792.32$3,695
Apr 1999011915.102.21$263
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980610.892.19$13
Oct 199804712.421.97$93
Sep 199805812.592.08$121
Aug 199806911.301.91$132
Jul 199805811.742.24$130
Jun 199803511.242.24$78
May 199803012.622.21$66
Apr 199808113.042.51$203
Mar 199808812.802.31$203
Feb 199813612413.952.30$2,182
Jan 199814214014.702.15$2,389
Dec 1997016716.322.41$403
Nov 1997011018.193.09$340
Oct 19971221419.253.15$2,393
Sep 1997012517.742.95$369
Aug 199714711017.862.55$2,906
Jul 199709417.582.25$211
Jun 199709817.242.26$221
May 199713914518.972.31$2,972
Apr 199714413617.882.08$2,858
Mar 1997010518.951.94$204
Feb 19971354820.492.21$2,872
Jan 199701223.483.54$42
Dec 199603023.32$0
Nov 199607421.97$0
Oct 199606923.31$0
Sep 1996010222.22$0
Aug 1996021220.26$0
Jul 19967310019.55$1,427
Jun 1996013518.73$0
May 19968310019.43$1,613
Apr 19967710021.51$1,656
Mar 19967812019.38$1,512
Feb 1996012016.98$0
Jan 19968812017.07$1,502
Dec 19957512017.19$1,289
Nov 1995012916.00$0
Oct 19958612015.43$1,327
Sep 19958712016.18$1,408
Aug 19957312015.92$1,162
Jul 19957512015.24$1,143
Jun 19957612016.41$1,247
May 1995012017.56$0
Apr 19957712017.73$1,365
Mar 19959512016.44$1,562
Feb 19957412016.58$1,227
Jan 19951063015.92$1,688
Dec 1994743015.03$1,112
Nov 1994773015.90$1,224
Oct 1994743015.58$1,153
Sep 1994723015.29$1,101
Aug 19941373016.13$2,210
Jul 19941153017.56$2,019
Jun 19941543017.09$2,632
May 19941633015.88$2,588
Apr 199403014.14$0
Mar 19941613012.46$2,006
Feb 199403012.50$0
Jan 19941633012.66$2,064
Dec 199303012.33$0
Nov 199303014.49$0
Oct 19931653015.85$2,615
Sep 19931603015.03$2,405
Aug 199303015.66$0
Jul 19931683015.46$2,597
Jun 199303016.79$0
May 19931643017.68$2,900
Apr 19931623018.05$2,924
Mar 19931673018.14$3,029
Feb 199303017.90$0
Jan 19931663016.93$2,810

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.

Mar 2016 — as filed, then multipliedworked
Oil                    0 bbl  × $ 33.01 =         $0
Casinghead gas        39 Mcf  × $  1.79 =        $70

────────────────────────────────────────────────────
Month total                                      $70

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/710 is the state's own key, not one this site invented.