SMITH RANCH

Operated by CORLENA OIL COMPANY (P-5 178450) in the PEDAROSA (CANYON GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7243District 10Field 70170075OilCasinghead gasSaveExport
Value, all time
$3.2 M
Jan 1998 – May 2012
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
173
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1998-01-23
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1998-04-01.

The Commission's schedule remark for this field reads: INTERVAL IS FROM 5420 FT TO 5482 FT.

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
OilDisposition124,384 bbl$3,241,064
Casinghead gasProduction28 Mcf$67
Total$3,241,131

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 35.7043, -102.6309. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.70435, -102.63094 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,538 ft
1 wells filed one
Completion to plug
14.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 5,538 ft.

Completions filed
Jan 1998
1 of 1 wells
Plug dates filed
Jan 2012
1 of 1 wells

Last completion to plug: a median of 14.0 years across the 1 well that filed both dates, with the middle half between 14.0 years and 14.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-205302882A5,538 ftJan 1998Jan 2012Yes

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 (173)

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

173 months

May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012134098.092.73$13,144
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 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 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201061073.684.42$4,494
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010364071.124.24$25,888
Apr 20100081.694.12$0
Mar 2010385078.394.39$30,180
Feb 20100073.585.44$0
Jan 2010194074.365.96$14,426
Dec 20090071.445.48$0
Nov 2009197074.593.75$14,694
Oct 2009194072.544.11$14,073
Sep 20090065.543.06$0
Aug 2009188067.423.22$12,675
Jul 2009385061.133.46$23,535
Jun 2009190066.163.90$12,570
May 2009191054.743.93$10,455
Apr 2009193046.773.59$9,027
Mar 2009193042.144.06$8,133
Feb 2009190032.814.63$6,234
Jan 2009195035.865.37$6,993
Dec 2008200037.105.98$7,420
Nov 2008192055.496.86$10,654
Oct 2008196075.246.92$14,747
Sep 20081940101.767.88$19,741
Aug 20081930114.228.48$22,044
Jul 20081930131.0811.39$25,298
Jun 20081960131.3313.03$25,741
May 20081960123.1711.57$24,141
Apr 20081930110.3110.45$21,290
Mar 20081980101.909.66$20,176
Feb 2008199092.538.77$18,413
Jan 2008403090.388.21$36,423
Dec 2007395088.337.30$34,890
Nov 20070091.677.29$0
Oct 2007201082.856.92$16,653
Sep 2007198075.846.24$15,016
Aug 2007398069.066.39$27,486
Jul 2007198070.906.39$14,038
Jun 2007195062.007.55$12,090
May 2007397058.747.85$23,320
Apr 2007587059.617.81$34,991
Mar 2007199056.927.30$11,327
Feb 2007200055.108.22$11,020
Jan 2007199050.306.73$10,010
Dec 2006179056.656.92$10,140
Nov 2006399054.207.62$21,626
Oct 2006393054.906.01$21,576
Sep 2006390060.085.04$23,431
Aug 2006383068.717.34$26,316
Jul 2006193069.376.34$13,388
Jun 2006393066.286.38$26,048
May 20060066.016.42$0
Apr 2006587064.397.36$37,797
Mar 20060056.707.08$0
Feb 2006202057.597.75$11,633
Jan 2006193060.598.93$11,694
Dec 2005205054.9413.42$11,263
Nov 20050054.6910.59$0
Oct 2005585058.3413.80$34,129
Sep 20050061.4512.08$0
Aug 2005394061.519.80$24,235
Jul 2005193055.697.84$10,748
Jun 2005383052.337.38$20,042
May 2005197045.226.65$8,908
Apr 2005202049.207.36$9,938
Mar 2005394050.377.15$19,846
Feb 2005199045.226.31$8,999
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004194049.706.52$9,642
Sep 2004197043.245.28$8,518
Aug 2004584042.375.55$24,744
Jul 2004196038.286.08$7,503
Jun 2004195036.106.43$7,040
May 2004384037.486.49$14,392
Apr 2004195034.475.86$6,722
Mar 2004389034.365.53$13,366
Feb 2004394032.455.51$12,785
Jan 2004198032.036.30$6,342
Dec 2003387030.266.30$11,711
Nov 2003384028.804.60$11,059
Oct 2003389028.174.76$10,958
Sep 2003383026.314.75$10,077
Aug 2003385029.765.13$11,458
Jul 2003565029.415.17$16,617
Jun 2003194028.565.98$5,541
May 2003591026.595.97$15,715
Apr 2003588026.675.41$15,682
Mar 2003590031.146.10$18,373
Feb 2003571033.487.93$19,117
Jan 2003593030.315.58$17,974
Dec 2002398026.914.85$10,710
Nov 2002388024.664.14$9,568
Oct 2002770026.464.23$20,374
Sep 2002773027.443.64$21,211
Aug 2002777025.963.16$20,171
Jul 2002792024.583.06$19,467
Jun 2002962023.733.34$22,828
May 20021,357024.663.58$33,464
Apr 20021,554023.653.51$36,752
Mar 2002774022.003.10$17,028
Feb 20021,158018.222.38$21,099
Jan 20021,178017.172.38$20,226
Dec 20012,119016.932.36$35,875
Nov 2001781018.072.41$14,113
Oct 20012,738019.782.53$54,158
Sep 20011,156024.262.25$28,045
Aug 20011,355024.873.05$33,699
Jul 2001535023.933.20$12,803
Jun 2001779024.563.82$19,132
May 2001742025.524.31$18,936
Apr 20011,079024.685.34$26,630
Mar 2001755024.545.38$18,528
Feb 2001969027.755.77$26,890
Jan 20011,191027.478.40$32,717
Dec 20001,762026.889.12$47,363
Nov 20001,399032.215.66$45,062
Oct 20002,498031.235.15$78,013
Sep 20001,999031.875.19$63,708
Aug 20001,539029.644.54$45,616
Jul 20002,323028.534.09$66,275
Jun 20002,122029.304.40$62,175
May 2000705127.263.68$19,222
Apr 20001,526124.513.12$37,405
Mar 20001,324128.422.86$37,631
Feb 20001,521127.622.73$42,013
Jan 20001,742125.272.48$44,023
Dec 19991,750124.282.42$42,492
Nov 19992,027123.192.43$47,009
Oct 19991,465120.982.80$30,739
Sep 19991,351121.752.62$29,387
Aug 19991,542119.262.88$29,702
Jul 19991,928117.892.37$34,494
Jun 19991,502115.942.36$23,944
May 19992,099115.792.32$33,146
Apr 19991,934115.102.21$29,206
Mar 19991,344112.471.84$16,762
Feb 19991,60519.981.82$16,020
Jan 19991,129110.381.90$11,721
Dec 19981,54619.201.77$14,225
Nov 19981,945110.892.19$21,183
Oct 19981,713112.421.97$21,277
Sep 19981,916112.592.08$24,125
Aug 19982,295111.301.91$25,935
Jul 19982,837111.742.24$33,309
Jun 19983,082111.242.24$34,644
May 19983,836112.622.21$48,413
Apr 19984,587113.042.51$59,817
Mar 19985,204112.802.31$66,614
Feb 19985,148113.952.30$71,817
Jan 19981,475014.702.15$21,683

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.

Jan 2012 — as filed, then multipliedworked
Oil                  134 bbl  × $ 98.09 =    $13,144
Casinghead gas         0 Mcf  × $  2.73 =         $0

────────────────────────────────────────────────────
Month total                                  $13,144

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/7243 is the state's own key, not one this site invented.