SMITH

Operated by BCE-MACH III LLC (P-5 40209) 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 826District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$5.0 M
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
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
OilDisposition86,957 bbl$3,842,256
Casinghead gasProduction312,341 Mcf$1,129,590
Total$4,971,846

52,446 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.

These wells centre on 35.6791, -101.3349. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

35.67910, -101.33493 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
3,130 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.
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.

How deep they were drilled

The one well that filed a depth was drilled to 3,130 ft.

Completions filed
Feb 1986
1 of 2 wells; 1 filed none

2 wells

42-233813854
42-2333222753,130 ftFeb 1986

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 202309575.112.47$234
Jan 20230076.533.39$0
Dec 2022176076.415.73$13,448
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022175084.888.16$14,854
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 2022167129115.097.98$20,249
May 20220623109.378.43$5,254
Apr 20220183104.226.84$1,251
Mar 20220353108.885.08$1,792
Feb 202217033691.054.86$17,111
Jan 2022043081.844.54$1,951
Dec 202117250471.323.90$14,232
Nov 20211481,32177.435.24$18,378
Oct 20211691,37379.795.71$21,330
Sep 202109769.865.35$519
Aug 202115567766.024.22$13,090
Jul 202115421270.783.98$11,744
Jun 2021025469.493.38$859
May 20211581,10163.483.02$13,352
Apr 20211561,38260.362.76$13,228
Mar 2021062361.302.72$1,693
Feb 202115737757.805.55$11,166
Jan 20211481,18550.412.81$10,791
Dec 20201521,21644.642.68$10,039
Nov 20201391,39938.772.71$9,176
Oct 2020040936.972.48$1,014
Sep 20201281,04137.091.99$6,820
Aug 2020304039.982.39$12,154
Jul 20201361,08138.371.83$7,191
Jun 202011340934.901.69$4,635
May 202031010616.921.81$5,438
Apr 202012533614.751.80$2,450
Mar 20203301,20330.341.86$12,245
Feb 20201671,39049.881.98$11,083
Jan 202017325057.252.09$10,428
Dec 201931788059.012.30$20,734
Nov 20191641,73455.302.75$13,839
Oct 201914977353.472.42$9,837
Sep 20193091,07155.052.66$19,856
Aug 2019341053.112.30$18,111
Jul 201933918156.272.46$19,521
Jun 20191381,49952.782.49$11,018
May 201931549658.482.74$19,780
Apr 201915679962.632.75$11,968
Mar 201933294356.803.06$21,745
Feb 2019179050.852.79$9,102
Jan 201932777346.033.23$17,547
Dec 2018155046.594.19$7,221
Nov 20181744052.934.24$9,379
Oct 201831099361.443.40$22,421
Sep 20183141,15159.543.11$22,273
Aug 20183401,51659.403.07$24,845
Jul 201817539165.142.93$12,546
Jun 2018176060.183.08$10,592
May 2018177265.382.90$11,578
Apr 2018160063.842.90$10,214
Mar 2018181061.222.79$11,081
Feb 201832699661.782.77$22,895
Jan 20185237462.874.01$4,769
Dec 201723338057.272.92$14,454
Nov 201720737955.423.12$12,654
Oct 201725694649.292.98$15,441
Sep 2017147047.523.09$6,985
Aug 2017138045.373.00$6,261
Jul 201714776943.873.09$8,823
Jun 201733798042.493.09$17,345
May 201714691745.373.26$9,617
Apr 20171471,23447.933.21$11,009
Mar 20173291,08346.772.98$18,619
Feb 20171381,11350.452.95$10,248
Jan 20172961,07249.413.42$18,290
Dec 201611884948.763.72$8,914
Nov 201614492642.492.64$8,567
Oct 201616964346.193.09$9,793
Sep 201634582741.553.10$16,899
Aug 20163391,15641.442.92$17,429
Jul 201616597341.622.92$9,713
Jun 201612968945.352.69$7,701
May 20163191,20742.521.99$15,967
Apr 201601,14236.561.99$2,274
Mar 20161551,13833.011.79$7,158
Feb 20161561,08126.472.06$6,360
Jan 20163521,16527.352.36$12,382
Dec 20151961,21732.362.00$8,778
Nov 20151601,12538.792.17$8,645
Oct 20151751,08043.552.43$10,242
Sep 201534188542.992.76$17,101
Aug 2015088540.162.87$2,542
Jul 201535188548.152.95$19,507
Jun 2015097856.152.88$2,819
May 20153471,12255.212.96$22,474
Apr 201519178849.822.71$11,648
Mar 20151441,35842.892.93$10,162
Feb 2015098644.662.98$2,935
Jan 201515623843.433.10$7,513
Dec 201417282754.693.59$12,377
Nov 201416289870.464.25$15,233
Oct 201417366678.303.90$16,144
Sep 201435184086.164.05$33,640
Aug 201414693389.394.04$16,816
Jul 201417364496.564.18$19,397
Jun 201415885798.164.74$19,569
May 201435283994.734.73$37,311
Apr 201417361695.944.81$19,560
Mar 201414978895.895.06$18,272
Feb 201417178897.406.19$21,535
Jan 201415391090.404.86$18,254
Dec 201317388591.824.35$19,739
Nov 201334896488.853.74$34,524
Oct 201314369897.423.78$16,569
Sep 2013175968104.113.72$21,818
Aug 20133441,107104.253.52$39,762
Jul 20131561,007102.523.72$19,737
Jun 201317536794.403.93$17,964
May 201334886694.834.15$36,594
Apr 201317679393.964.28$19,933
Mar 201335092893.623.91$36,398
Feb 2013076991.233.42$2,630
Jan 20131331,01191.603.42$15,640
Dec 2012079386.773.42$2,712
Nov 20121997786.953.62$17,582
Oct 201217690189.383.40$18,794
Sep 201255899694.672.92$55,733
Aug 20121721,03792.662.91$18,953
Jul 20121921,12785.133.02$19,749
Jun 20121871,23479.822.52$18,035
May 201219457991.612.49$19,213
Apr 2012174787101.652.00$19,259
Mar 2012368787105.052.22$40,407
Feb 201201,049101.102.57$2,696
Jan 20123901,04998.092.73$41,123
Dec 20111781,04996.873.24$20,641
Nov 20111991,06495.723.31$22,571
Oct 20113711,11584.983.65$35,596
Sep 20111641,12883.623.99$18,210
Aug 20111911,31583.404.15$21,386
Jul 201117185094.144.52$19,938
Jun 201136451692.904.64$36,210
May 20111971,55298.134.40$26,168
Apr 2011357362105.964.33$39,396
Mar 20111714996.364.06$16,676
Feb 201102085.644.18$84
Jan 20111942086.504.59$16,873
Dec 201036554785.734.35$33,670
Nov 201017489080.843.80$17,444
Oct 201036633978.103.51$29,774
Sep 20103711,10772.633.98$31,351
Aug 201019278173.684.42$17,598
Jul 201035634272.554.74$27,448
Jun 201017697370.364.91$17,161
May 20101932371.124.24$13,824
Apr 20101742181.694.12$14,301
Mar 201037015678.394.39$29,689
Feb 2010019173.585.44$1,039
Jan 201036463174.365.96$30,830
Dec 200919182471.445.48$18,164
Nov 200917887574.593.75$16,560
Oct 20091891,01772.544.11$17,890
Sep 200917877765.543.06$14,047
Aug 200937192467.423.22$27,987
Jul 20093571,02661.133.46$25,378
Jun 20092001,14266.163.90$17,680
May 200935585554.743.93$22,789
Apr 20091702846.773.59$8,051
Mar 20091837342.144.06$8,008
Feb 200917391732.814.63$9,925
Jan 20093741,03735.865.37$18,981
Dec 200819291937.105.98$12,616
Nov 200817493055.496.86$16,035
Oct 20083331,11775.246.92$32,787
Sep 2008175956101.767.88$25,339
Aug 2008177836114.228.48$27,309
Jul 20083401,171131.0811.39$57,904
Jun 200801,017131.3313.03$13,254
May 20083501,033123.1711.57$55,066
Apr 20083451,020110.3110.45$48,721
Mar 20081781,020101.909.66$27,996
Feb 200817693992.538.77$24,521
Jan 200817374390.388.21$21,733
Dec 200734731888.337.30$32,973
Nov 2007074291.677.29$5,410
Oct 200734999082.856.92$35,767
Sep 20071761,15075.846.24$20,529
Aug 20073561,12169.066.39$31,746
Jul 20073491,17470.906.39$32,244
Jun 20071761,08762.007.55$19,117
May 200701,14758.747.85$9,000
Apr 200717356559.617.81$14,722
Mar 200735152856.927.30$23,834
Feb 2007085555.108.22$7,025
Jan 200718190150.306.73$15,165
Dec 20063551,05556.656.92$27,410
Nov 200616894354.207.62$16,289
Oct 200618190554.906.01$15,379
Sep 200617993660.085.04$15,469
Aug 200635680768.717.34$30,384
Jul 200617486569.376.34$17,557
Jun 200617692866.286.38$17,590
May 200634548466.016.42$25,883
Apr 2006066864.397.36$4,917
Mar 200636495756.707.08$27,417
Feb 20061791,35857.597.75$20,835
Jan 20063601,00560.598.93$30,790
Dec 200517598454.9413.42$22,815
Nov 200517599454.6910.59$20,096
Oct 200517696158.3413.80$23,526
Sep 200534641761.4512.08$26,299
Aug 20051821,08561.519.80$21,824
Jul 20053501,18555.697.84$28,786
Jun 200517293952.337.38$15,932
May 200534688745.226.65$21,546
Apr 200535276249.207.36$22,927
Mar 2005095350.377.15$6,819
Feb 200534790345.226.31$21,391
Jan 200517497843.166.32$13,693
Dec 200435592439.866.75$20,388
Nov 200417997045.286.33$14,246
Oct 200417292449.706.52$14,568
Sep 200418296143.245.28$12,948
Aug 200417680942.375.55$11,948
Jul 20041701,09338.286.08$13,158
Jun 200431752736.106.43$14,834
May 20041751,04237.486.49$13,326
Apr 20041701,03934.475.86$11,947
Mar 20043421,09334.365.53$17,796
Feb 20043381,04932.455.51$16,748
Jan 20041781,06932.036.30$12,436
Dec 20033591,05530.266.30$17,512
Nov 200318299328.804.60$9,805
Oct 20033561,14628.174.76$15,483
Sep 20033501,13026.314.75$14,575
Aug 200318188829.765.13$9,942
Jul 200335492229.415.17$15,179
Jun 200335598128.565.98$16,008
May 20031781,02026.595.97$10,825
Apr 200317990826.675.41$9,684
Mar 200335797731.146.10$17,073
Feb 200318276333.487.93$12,141
Jan 200317877130.315.58$9,699
Dec 200217983126.914.85$8,850
Nov 20023581,02224.664.14$13,056
Oct 20021761,12326.464.23$9,406
Sep 20023591,09327.443.64$13,824
Aug 200218197625.963.16$7,787
Jul 20023591,08624.583.06$12,149
Jun 200236098523.733.34$11,831
May 20021841,06124.663.58$8,340
Apr 20023601,11223.653.51$12,420
Mar 200254694122.003.10$14,932
Feb 200218190918.222.38$5,457
Jan 20023671,05517.172.38$8,808
Dec 200117596816.932.36$5,251
Nov 2001093218.072.41$2,242
Oct 20011771,06319.782.53$6,189
Sep 20011791,13224.262.25$6,891
Aug 20011791,25024.873.05$8,268
Jul 20011771,07023.933.20$7,656
Jun 20013601,07824.563.82$12,964
May 200117799725.524.31$8,811
Apr 200136171924.685.34$12,746
Mar 200118398924.545.38$9,808
Feb 200136187827.755.77$15,081
Jan 200118392127.478.40$12,762
Dec 200018198426.889.12$13,842
Nov 20003571,08332.215.66$17,627
Oct 20003671,10331.235.15$17,137
Sep 20001781,16531.875.19$11,715
Aug 20001821,05729.644.54$10,194
Jul 20003441,06128.534.09$14,154
Jun 200001,07829.304.40$4,740
May 20001821,11427.263.68$9,061
Apr 20003561,12824.513.12$12,240
Mar 20001821,11428.422.86$8,358
Feb 20003661,07727.622.73$13,045
Jan 20001861,08825.272.48$7,399
Dec 19993621,13124.282.42$11,531
Nov 19993601,09023.192.43$11,001
Oct 19991811,18520.982.80$7,120
Sep 19995391,30121.752.62$15,130
Aug 19991001,39019.262.88$5,923
Jul 19995391,36017.892.37$12,869
Jun 19991791,25815.942.36$5,825
May 199935938815.792.32$6,569
Apr 19991041,22015.102.21$4,264
Mar 19993651,08212.471.84$6,541
Feb 19992761,0799.981.82$4,716
Jan 19993681,19510.381.90$6,090
Dec 19984701,1939.201.77$6,440
Nov 19982801,30310.892.19$5,897
Oct 19981821,15212.421.97$4,529
Sep 19985441,55112.592.08$10,079
Aug 19980011.301.91$0
Jul 199835760811.742.24$5,551
Jun 199845449811.242.24$6,217
May 199828642812.622.21$4,554
Apr 199836550713.042.51$6,030
Mar 199847157812.802.31$7,364
Feb 199829555813.952.30$5,398
Jan 199836177914.702.15$6,985
Dec 199737187316.322.41$8,160
Nov 199717672118.193.09$5,428
Oct 199734995919.253.15$9,739
Sep 199752694117.742.95$12,112
Aug 19973391,00317.862.55$8,617
Jul 199716792417.582.25$5,012
Jun 199733595617.242.26$7,933
May 199735186618.972.31$8,658
Apr 199735581617.882.08$8,047
Mar 199734396618.951.94$8,373
Feb 199734578520.492.21$8,801
Jan 199717987223.483.54$7,290
Dec 199653392823.32$12,430
Nov 199617989221.97$3,933
Oct 19963531,02523.31$8,228
Sep 19963621,00222.22$8,044
Aug 19963681,04320.26$7,456
Jul 19963691,02219.55$7,214
Jun 199636596718.73$6,836
May 19963551,19419.43$6,898
Apr 199636197921.51$7,765
Mar 19963581,04819.38$6,938
Feb 19963331,08516.98$5,654
Jan 199635991517.07$6,128
Dec 199518227317.19$3,129
Nov 199536662516.00$5,856
Oct 19953601,00115.43$5,555
Sep 199518194116.18$2,929
Aug 19953641,02015.92$5,795
Jul 19953631,06315.24$5,532
Jun 19953681,06616.41$6,039
May 19953721,10117.56$6,532
Apr 19953741,04817.73$6,631
Mar 19951861,02016.44$3,058
Feb 199536197816.58$5,985
Jan 199536587915.92$5,811
Dec 199435898315.03$5,381
Nov 19943591,00715.90$5,708
Oct 19941831,20015.58$2,851
Sep 19943671,09515.29$5,611
Aug 19943631,19616.13$5,855
Jul 19945551,21117.56$9,746
Jun 199436599117.09$6,238
May 199418593315.88$2,938
Apr 19943691,27314.14$5,218
Mar 19943271,34712.46$4,074
Feb 19943631,08412.50$4,538
Jan 19943701,25312.66$4,684
Dec 19933661,21712.33$4,513
Nov 19933611,22114.49$5,231
Oct 19933591,38215.85$5,690
Sep 19933591,33815.03$5,396
Aug 19933661,39315.66$5,732
Jul 19933671,41215.46$5,674
Jun 19935431,41316.79$9,117
May 19933651,45917.68$6,453
Apr 19933671,25418.05$6,624
Mar 19933641,29318.14$6,603
Feb 19933671,12917.90$6,569
Jan 19933661,24716.93$6,196

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 2023 — as filed, then multipliedworked
Oil                    0 bbl  × $ 75.11 =         $0
Casinghead gas        95 Mcf  × $  2.47 =       $234

────────────────────────────────────────────────────
Month total                                     $234

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/826 is the state's own key, not one this site invented.