SMITH

Operated by PLUMLEY, M. C. & ASSOCIATES (P-5 668428) 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 723District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$766 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.

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
NGPA3none

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
OilDisposition10,732 bbl$476,893
Casinghead gasProduction73,124 Mcf$288,856
Total$765,749

7,377 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 (4)

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 35.6470, -101.3596. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.64704, -101.35842 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
3,150 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.
4100.0%

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 3,150 ft.

4 wells

42-2330147113,150 ft
42-233014725D
42-233014753
42-233083452

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 201902950.852.79$81
Jan 201902846.033.23$90
Dec 2018014446.594.19$603
Nov 2018014952.934.24$631
Oct 2018023561.443.40$799
Sep 201801159.543.11$34
Aug 20180259.403.07$6
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018030565.382.90$885
Apr 2018030563.842.90$885
Mar 201805061.222.79$139
Feb 2018029561.782.77$816
Jan 2018026062.874.01$1,042
Dec 20174016457.272.92$2,770
Nov 2017031855.423.12$992
Oct 2017030949.292.98$922
Sep 2017015347.523.09$472
Aug 20175055645.373.00$3,939
Jul 2017020643.873.09$636
Jun 2017084542.493.09$2,609
May 2017019045.373.26$620
Apr 2017054847.933.21$1,760
Mar 2017054846.772.98$1,635
Feb 2017064650.452.95$1,907
Jan 2017033849.413.42$1,156
Dec 2016027048.763.72$1,005
Nov 2016030042.492.64$793
Oct 2016011346.193.09$349
Sep 2016012041.553.10$372
Aug 20160041.442.92$0
Jul 2016013941.622.92$406
Jun 201606045.352.69$161
May 2016018542.521.99$368
Apr 2016018536.561.99$368
Mar 2016068033.011.79$1,220
Feb 2016043826.472.06$904
Jan 2016030627.352.36$723
Dec 2015030032.362.00$600
Nov 2015011738.792.17$254
Oct 201506143.552.43$148
Sep 2015030042.992.76$828
Aug 2015030040.162.87$862
Jul 20153612848.152.95$2,110
Jun 2015030056.152.88$865
May 2015030055.212.96$887
Apr 2015010249.822.71$276
Mar 2015026642.892.93$781
Feb 201507044.662.98$208
Jan 201509443.433.10$291
Dec 2014035954.693.59$1,289
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 201404489.394.04$178
Jul 201410927796.564.18$11,683
Jun 2014030098.164.74$1,421
May 2014030094.734.73$1,418
Apr 2014014295.944.81$683
Mar 2014035795.895.06$1,805
Feb 20145730097.406.19$7,409
Jan 2014030790.404.86$1,492
Dec 2013030291.824.35$1,315
Nov 20135530188.853.74$6,012
Oct 2013030297.423.78$1,141
Sep 201349318104.113.72$6,284
Aug 20130300104.253.52$1,057
Jul 201355301102.523.72$6,758
Jun 2013033294.403.93$1,306
May 20135330094.834.15$6,271
Apr 2013030093.964.28$1,285
Mar 20137730193.623.91$8,387
Feb 20136514691.233.42$6,429
Jan 2013031291.603.42$1,067
Dec 2012030086.773.42$1,026
Nov 201213230586.953.62$12,583
Oct 2012031689.383.40$1,074
Sep 20129630494.672.92$9,976
Aug 2012030492.662.91$884
Jul 20129230085.133.02$8,738
Jun 20129731079.822.52$8,523
May 20129718291.612.49$9,339
Apr 20120325101.652.00$649
Mar 20120303105.052.22$673
Feb 201263300101.102.57$7,140
Jan 20126530198.092.73$7,199
Dec 2011020596.873.24$664
Nov 2011030095.723.31$993
Oct 20116030784.983.65$6,219
Sep 2011024683.623.99$981
Aug 20116431083.404.15$6,624
Jul 20114639994.144.52$6,133
Jun 20116523192.904.64$7,110
May 2011030698.134.40$1,348
Apr 201160205105.964.33$7,246
Mar 2011431396.364.06$4,196
Feb 2011027985.644.18$1,166
Jan 2011042986.504.59$1,969
Dec 2010030485.734.35$1,322
Nov 20106411680.843.80$5,614
Oct 201007778.103.51$270
Sep 20106618072.633.98$5,510
Aug 2010026073.684.42$1,149
Jul 20106728672.554.74$6,215
Jun 20106530170.364.91$6,051
May 2010012771.124.24$538
Apr 20105613081.694.12$5,111
Mar 20105130378.394.39$5,328
Feb 2010030573.585.44$1,660
Jan 20104431674.365.96$5,156
Dec 2009033371.445.48$1,826
Nov 20096631174.593.75$6,090
Oct 20095030772.544.11$4,889
Sep 200905065.543.06$153
Aug 20094931067.423.22$4,301
Jul 20095030561.133.46$4,113
Jun 20095529266.163.90$4,776
May 20096530054.743.93$4,736
Apr 200915031746.773.59$8,153
Mar 20096438642.144.06$4,264
Feb 2009018132.814.63$839
Jan 20091401135.865.37$5,079
Dec 200809137.105.98$544
Nov 2008012755.496.86$871
Oct 2008011175.246.92$768
Sep 200867139101.767.88$7,913
Aug 2008038114.228.48$322
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 2008703123.1711.57$8,657
Apr 2008032110.3110.45$335
Mar 200870233101.909.66$9,385
Feb 2008019292.538.77$1,684
Jan 20086819590.388.21$7,746
Dec 2007022788.337.30$1,658
Nov 2007011891.677.29$860
Oct 20077128482.856.92$7,848
Sep 20077036275.846.24$7,569
Aug 20077037569.066.39$7,230
Jul 20076942370.906.39$7,594
Jun 20077013462.007.55$5,351
May 2007035658.747.85$2,793
Apr 2007025059.617.81$1,951
Mar 20077044056.927.30$7,197
Feb 20076841455.108.22$7,148
Jan 2007047250.306.73$3,175
Dec 20066722456.656.92$5,345
Nov 2006019154.207.62$1,455
Oct 2006011954.906.01$716
Sep 200607260.085.04$363
Aug 200609268.717.34$675
Jul 2006709569.376.34$5,458
Jun 200609366.286.38$594
May 20067112166.016.42$5,464
Apr 20060964.397.36$66
Mar 2006732056.707.08$4,281
Feb 20067029357.597.75$6,302
Jan 20066811560.598.93$5,147
Dec 2005689554.9413.42$5,010
Nov 20057129354.6910.59$6,985
Oct 20057382158.3413.80$15,585
Sep 2005024561.4512.08$2,959
Aug 20057266161.519.80$10,904
Jul 20057257655.697.84$8,528
Jun 20057123552.337.38$5,450
May 2005016345.226.65$1,084
Apr 20057621649.207.36$5,329
Mar 2005027050.377.15$1,932
Feb 20056413445.226.31$3,740
Jan 2005016443.166.32$1,037
Dec 20046914939.866.75$3,756
Nov 2004016345.286.33$1,032
Oct 2004021049.706.52$1,368
Sep 20047219843.245.28$4,159
Aug 2004021342.375.55$1,182
Jul 20046923038.286.08$4,041
Jun 20046917336.106.43$3,604
May 20047224637.486.49$4,296
Apr 20047125234.475.86$3,924
Mar 2004028134.365.53$1,554
Feb 20046727432.455.51$3,684
Jan 20046814532.036.30$3,091
Dec 200301430.266.30$88
Nov 20037026028.804.60$3,211
Oct 2003028528.174.76$1,357
Sep 20037228126.314.75$3,229
Aug 2003029929.765.13$1,534
Jul 20037029529.415.17$3,584
Jun 200316430328.565.98$6,497
May 200316933526.595.97$6,495
Apr 200316524626.675.41$5,731
Mar 200316433731.146.10$7,161
Feb 200316523833.487.93$7,411
Jan 2003015130.315.58$843
Dec 200216412926.914.85$5,039
Nov 200233711824.664.14$8,799
Oct 2002014426.464.23$609
Sep 200217224627.443.64$5,614
Aug 200217331025.963.16$5,472
Jul 200217038224.583.06$5,348
Jun 200218227123.733.34$5,224
May 2002015224.663.58$545
Apr 2002015823.653.51$555
Mar 200206022.003.10$186
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 200116125616.932.36$3,331
Nov 2001050418.072.41$1,212
Oct 20017447319.782.53$2,660
Sep 2001038124.262.25$858
Aug 20017840524.873.05$3,176
Jul 200115343423.933.20$5,049
Jun 2001046124.563.82$1,763
May 2001041125.524.31$1,770
Apr 200112831124.685.34$4,818
Mar 2001020224.545.38$1,086
Feb 20017827927.755.77$3,774
Jan 20017936027.478.40$5,194
Dec 2000040526.889.12$3,695
Nov 20005936832.215.66$3,983
Oct 20006528431.235.15$3,491
Sep 20006627931.875.19$3,550
Aug 2000038429.644.54$1,744
Jul 2000034728.534.09$1,419
Jun 2000027029.304.40$1,187
May 20007940627.263.68$3,648
Apr 20006737824.513.12$2,820
Mar 2000038228.422.86$1,092
Feb 20006735627.622.73$2,821
Jan 2000028825.272.48$714
Dec 1999024824.282.42$601
Nov 1999025823.192.43$628
Oct 19997638220.982.80$2,666
Sep 19996728721.752.62$2,209
Aug 1999028419.262.88$817
Jul 1999038817.892.37$920
Jun 1999010715.942.36$253
May 199912915715.792.32$2,401
Apr 1999034215.102.21$755
Mar 19996418912.471.84$1,146
Feb 1999762989.981.82$1,300
Jan 1999026910.381.90$511
Dec 1998771659.201.77$1,001
Nov 19986329610.892.19$1,333
Oct 19987829512.421.97$1,550
Sep 1998037612.592.08$783
Aug 1998021511.301.91$410
Jul 19985913511.742.24$995
Jun 1998032411.242.24$725
May 19986420112.622.21$1,251
Apr 199819644313.042.51$3,666
Mar 1998041712.802.31$963
Feb 1998042513.952.30$977
Jan 19985136014.702.15$1,525
Dec 1997021816.322.41$526
Nov 1997037918.193.09$1,170
Oct 19975051719.253.15$2,591
Sep 1997054817.742.95$1,619
Aug 199758017.862.55$1,036
Jul 199763017.582.25$1,108
Jun 199705717.242.26$129
May 199711016418.972.31$2,465
Apr 1997146617.882.08$388
Mar 199701018.951.94$19
Feb 199707320.492.21$161
Jan 199709223.483.54$326
Dec 199609223.32$0
Nov 1996013721.97$0
Oct 1996014723.31$0
Sep 1996013022.22$0
Aug 1996014420.26$0
Jul 1996014519.55$0
Jun 1996016518.73$0
May 1996025119.43$0
Apr 1996017821.51$0
Mar 1996014319.38$0
Feb 1996012616.98$0
Jan 1996013617.07$0
Dec 199510414417.19$1,788
Nov 1995013716.00$0
Oct 199510614815.43$1,636
Sep 1995014016.18$0
Aug 1995013915.92$0
Jul 1995013615.24$0
Jun 1995012816.41$0
May 1995010317.56$0
Apr 1995015817.73$0
Mar 1995016216.44$0
Feb 1995013816.58$0
Jan 1995014415.92$0
Dec 1994015515.03$0
Nov 199416321715.90$2,592
Oct 1994026915.58$0
Sep 1994026315.29$0
Aug 1994026116.13$0
Jul 19941643617.56$2,880
Jun 199407617.09$0
May 199408515.88$0
Apr 1994015114.14$0
Mar 1994015212.46$0
Feb 199414713012.50$1,838
Jan 1994014712.66$0
Dec 1993015012.33$0
Nov 1993015414.49$0
Oct 1993018515.85$0
Sep 1993018515.03$0
Aug 199317220415.66$2,694
Jul 1993021115.46$0
Jun 1993016716.79$0
May 1993013917.68$0
Apr 199315615918.05$2,816
Mar 1993015318.14$0
Feb 1993011617.90$0
Jan 1993014116.93$0

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.

Feb 2019 — as filed, then multipliedworked
Oil                    0 bbl  × $ 50.85 =         $0
Casinghead gas        29 Mcf  × $  2.79 =        $81

────────────────────────────────────────────────────
Month total                                      $81

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/723 is the state's own key, not one this site invented.