KEY, HOBART

Operated by SMITH RESOURCES, L.L.C. (P-5 796070) in the EAST TEXAS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7131District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$2.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$58 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 2,264 leases and 17,267 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: THIS ORDER TO BE CANCELLED

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
OilDisposition54,898 bbl$1,863,913
Casinghead gasProduction40,705 Mcf$134,930
Total$1,998,843

8,236 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.

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 20261670106.413.05$17,770
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026170063.503.75$10,795
Jan 20260059.138.00$0
Dec 2025149056.664.41$8,442
Nov 20250358.593.93$12
Oct 2025164359.383.30$9,748
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025162066.743.32$10,812
Jun 20250066.483.13$0
May 2025161060.553.23$9,749
Apr 20250162.363.54$4
Mar 2025168767.704.27$11,403
Feb 20250470.884.34$17
Jan 2025166074.324.28$12,337
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 2024158071.372.28$11,276
Sep 20240169.612.36$2
Aug 20241491675.632.06$11,302
Jul 202402879.932.15$60
Jun 20241575578.082.63$12,403
May 202401778.812.20$37
Apr 2024165084.451.66$13,934
Mar 20240080.301.55$0
Feb 20241651376.091.78$12,578
Jan 202404273.023.30$139
Dec 202307571.262.61$196
Nov 202316710277.892.81$13,294
Oct 202309785.443.09$299
Sep 2023162089.042.74$14,424
Aug 202304880.522.67$128
Jul 20230074.852.64$0
Jun 20231668668.962.26$11,642
May 202308670.622.23$192
Apr 202305578.122.24$123
Mar 20231766272.852.39$12,970
Feb 202305375.112.47$131
Jan 2023709576.533.39$5,679
Dec 202205776.415.73$327
Nov 20221486585.005.65$12,947
Oct 202207887.185.86$457
Sep 20221638884.888.16$14,554
Aug 202209894.529.13$894
Jul 202216393101.587.54$17,259
Jun 2022092115.097.98$734
May 2022050109.378.43$422
Apr 20221380104.226.84$14,382
Mar 2022082108.885.08$416
Feb 20221644291.054.86$15,136
Jan 20220081.844.54$0
Dec 2021169071.323.90$12,053
Nov 20210077.435.24$0
Oct 202101679.795.71$91
Sep 20211658869.865.35$11,998
Aug 202109566.024.22$401
Jul 202109470.783.98$374
Jun 20211569269.493.38$11,151
May 202108763.483.02$263
Apr 20211675460.362.76$10,229
Mar 2021010361.302.72$280
Feb 20211667057.805.55$9,983
Jan 2021010750.412.81$301
Dec 2020010844.642.68$289
Nov 202016410538.772.71$6,642
Oct 202004836.972.48$119
Sep 202004037.091.99$80
Aug 2020011839.982.39$281
Jul 2020011938.371.83$217
Jun 20201619234.901.69$5,774
May 202008716.921.81$158
Apr 202006114.751.80$110
Mar 202017711230.341.86$5,578
Feb 202009849.881.98$194
Jan 202008357.252.09$174
Dec 201915010059.012.30$9,082
Nov 201909855.302.75$270
Oct 201914512053.472.42$8,043
Sep 2019012455.052.66$330
Aug 201915712553.112.30$8,626
Jul 2019012256.272.46$300
Jun 201917612052.782.49$9,588
May 2019010958.482.74$299
Apr 2019020962.632.75$575
Mar 201916416556.803.06$9,820
Feb 2019016050.852.79$447
Jan 2019014746.033.23$475
Dec 201813710046.594.19$6,801
Nov 201806052.934.24$254
Oct 201803061.443.40$102
Sep 201803059.543.11$93
Aug 20181603159.403.07$9,599
Jul 201805165.142.93$150
Jun 2018592260.183.08$3,618
May 201802665.382.90$75
Apr 201809563.842.90$276
Mar 20181658761.222.79$10,344
Feb 2018015861.782.77$437
Jan 2018015862.874.01$633
Dec 201707757.272.92$225
Nov 201715410255.423.12$8,853
Oct 2017012449.292.98$370
Sep 2017016247.523.09$500
Aug 201708245.373.00$246
Jul 20170043.873.09$0
Jun 20171721542.493.09$7,355
May 201702345.373.26$75
Apr 201702447.933.21$77
Mar 20170946.772.98$27
Feb 2017184250.452.95$9,289
Jan 201703249.413.42$109
Dec 201601248.763.72$45
Nov 201601742.492.64$45
Oct 20161861046.193.09$8,622
Sep 20160741.553.10$22
Aug 201601441.442.92$41
Jul 201602541.622.92$73
Jun 2016181745.352.69$8,227
May 20160742.521.99$14
Apr 201604536.561.99$90
Mar 201608933.011.79$160
Feb 201620113626.472.06$5,601
Jan 2016013027.352.36$307
Dec 20151749332.362.00$5,817
Nov 201502438.792.17$52
Oct 20150043.552.43$0
Sep 2015173042.992.76$7,437
Aug 20150040.162.87$0
Jul 201501548.152.95$44
Jun 20151634156.152.88$9,271
May 201508655.212.96$254
Apr 20151908549.822.71$9,696
Mar 201508642.892.93$252
Feb 20151898844.662.98$8,703
Jan 201509543.433.10$295
Dec 201407554.693.59$269
Nov 20141746770.464.25$12,545
Oct 201405678.303.90$218
Sep 20141774986.164.05$15,449
Aug 201403889.394.04$153
Jul 201406496.564.18$267
Jun 20141789098.164.74$17,899
May 201409594.734.73$449
Apr 201406995.944.81$332
Mar 201417610195.895.06$17,387
Feb 2014010897.406.19$669
Jan 2014012190.404.86$588
Dec 20131699591.824.35$15,931
Nov 2013015888.853.74$591
Oct 2013015397.423.78$578
Sep 2013118135104.113.72$12,787
Aug 20130151104.253.52$532
Jul 2013149132102.523.72$15,766
Jun 2013011994.403.93$468
May 2013010094.834.15$415
Apr 20131756593.964.28$16,721
Mar 201303993.623.91$153
Feb 2013012291.233.42$417
Jan 201312611991.603.42$11,949
Dec 2012013286.773.42$451
Nov 201210812486.953.62$9,840
Oct 20128011989.383.40$7,555
Sep 2012011294.672.92$327
Aug 201216022892.662.91$15,489
Jul 2012019985.133.02$601
Jun 201217816079.822.52$14,611
May 2012017491.612.49$433
Apr 20120153101.652.00$306
Mar 2012135153105.052.22$14,522
Feb 20120106101.102.57$272
Jan 201214110898.092.73$14,126
Dec 201109496.873.24$305
Nov 20111859995.723.31$18,036
Oct 2011010184.983.65$369
Sep 2011010583.623.99$419
Aug 201115311383.404.15$13,229
Jul 2011010994.144.52$492
Jun 201115510292.904.64$14,873
May 201108898.134.40$388
Apr 201115587105.964.33$16,801
Mar 201108796.364.06$353
Feb 20111346585.644.18$11,747
Jan 201107886.504.59$358
Dec 20101698785.734.35$14,867
Nov 201009580.843.80$361
Oct 201015610078.103.51$12,534
Sep 2010010672.633.98$422
Aug 201017311773.684.42$13,264
Jul 2010011472.554.74$540
Jun 201016511070.364.91$12,150
May 2010010971.124.24$462
Apr 201018011281.694.12$15,166
Mar 201008278.394.39$360
Feb 20101537273.585.44$11,650
Jan 201006774.365.96$400
Dec 20091508171.445.48$11,160
Nov 200906374.593.75$236
Oct 200903572.544.11$144
Sep 20091485765.543.06$9,875
Aug 200905167.423.22$164
Jul 20091866761.133.46$11,602
Jun 200904766.163.90$183
May 200905154.743.93$200
Apr 20091505246.773.59$7,202
Mar 200906742.144.06$272
Feb 20091606732.814.63$5,560
Jan 200906935.865.37$371
Dec 20081807637.105.98$7,132
Nov 2008011155.496.86$762
Oct 200804075.246.92$277
Sep 200814364101.767.88$15,056
Aug 2008088114.228.48$747
Jul 2008186106131.0811.39$25,588
Jun 2008093131.3313.03$1,212
May 20080100123.1711.57$1,157
Apr 200816697110.3110.45$19,326
Mar 20080110101.909.66$1,063
Feb 200814610292.538.77$14,404
Jan 200808990.388.21$730
Dec 200717610988.337.30$16,342
Nov 200702991.677.29$211
Oct 200708382.856.92$575
Sep 20071369575.846.24$10,907
Aug 2007010269.066.39$652
Jul 200714611070.906.39$11,054
Jun 200709562.007.55$717
May 20071529758.747.85$9,690
Apr 2007010059.617.81$781
Mar 200714312156.927.30$9,023
Feb 200709355.108.22$764
Jan 200710711050.306.73$6,122
Dec 20061999856.656.92$11,951
Nov 2006011554.207.62$876
Oct 2006011954.906.01$716
Sep 200616111760.085.04$10,262
Aug 2006013068.717.34$954
Jul 200612911069.376.34$9,646
Jun 2006011966.286.38$760
May 200616012666.016.42$11,371
Apr 2006012864.397.36$942
Mar 200616212856.707.08$10,092
Feb 2006010157.597.75$783
Jan 200615613060.598.93$10,613
Dec 200507654.9413.42$1,020
Nov 2005986454.6910.59$6,037
Oct 2005011758.3413.80$1,614
Sep 20058812361.4512.08$6,893
Aug 200515211961.519.80$10,515
Jul 2005010455.697.84$816
Jun 20059011852.337.38$5,581
May 20051034945.226.65$4,984
Apr 2005011949.207.36$876
Mar 200511812250.377.15$6,817
Feb 200521210645.226.31$10,256
Jan 2005011743.166.32$740
Dec 200406539.866.75$439
Nov 20041154045.286.33$5,460
Oct 200404849.706.52$313
Sep 20041646343.245.28$7,424
Aug 200406242.375.55$344
Jul 2004757038.286.08$3,297
Jun 2004575136.106.43$2,386
May 2004815537.486.49$3,393
Apr 2004596934.475.86$2,438
Mar 20046910934.365.53$2,974
Feb 2004729932.455.51$2,882
Jan 2004678432.036.30$2,675
Dec 20037912330.266.30$3,166
Nov 20039811828.804.60$3,365
Oct 20038211228.174.76$2,843
Sep 200311610826.314.75$3,565
Aug 200310111529.765.13$3,596
Jul 2003011529.415.17$595
Jun 2003689128.565.98$2,487
May 20038010726.595.97$2,766
Apr 200315910126.675.41$4,787
Mar 2003010631.146.10$646
Feb 2003748433.487.93$3,143
Jan 2003839030.315.58$3,018
Dec 2002839326.914.85$2,685
Nov 2002869524.664.14$2,514
Oct 20028710226.464.23$2,733
Sep 20028910727.443.64$2,831
Aug 20027910525.963.16$2,383
Jul 2002828424.583.06$2,273
Jun 20028111223.733.34$2,296
May 20028410624.663.58$2,451
Apr 20029011123.653.51$2,518
Mar 2002937522.003.10$2,279
Feb 2002878718.222.38$1,792
Jan 20029410117.172.38$1,854
Dec 20018313116.932.36$1,715
Nov 20019012518.072.41$1,927
Oct 20019813719.782.53$2,285
Sep 20018811424.262.25$2,392
Aug 20018912824.873.05$2,604
Jul 20018813223.933.20$2,528
Jun 200116511924.563.82$4,507
May 200109725.524.31$418
Apr 20019312324.685.34$2,951
Mar 20018811524.545.38$2,778
Feb 200110011227.755.77$3,421
Jan 200115110427.478.40$5,021
Dec 200007826.889.12$712
Nov 20001089832.215.66$4,033
Oct 200011010831.235.15$3,991
Sep 200011413531.875.19$4,333
Aug 200013815129.644.54$4,776
Jul 200013715228.534.09$4,530
Jun 200013612229.304.40$4,521
May 200016913527.263.68$5,104
Apr 200016514024.513.12$4,480
Mar 200020815428.422.86$6,352
Feb 200018914227.622.73$5,607
Jan 200024913825.272.48$6,635
Dec 199925314524.282.42$6,494
Nov 199926314623.192.43$6,454
Oct 199925215120.982.80$5,710
Sep 199926216821.752.62$6,138
Aug 199925118919.262.88$5,378
Jul 199926218117.892.37$5,117
Jun 199925116115.942.36$4,381
May 199917716715.792.32$3,182
Apr 199925013815.102.21$4,080
Mar 199926715512.471.84$3,614
Feb 19992551569.981.82$2,828
Jan 199926216810.381.90$3,039
Dec 19984851739.201.77$4,769
Nov 199825115010.892.19$3,061
Oct 199826619312.421.97$3,684
Sep 199824819412.592.08$3,526
Aug 199826320811.301.91$3,369
Jul 199825422311.742.24$3,481
Jun 199850422411.242.24$6,166
May 199826520012.622.21$3,786
Apr 199840914813.042.51$5,704
Mar 199839410212.802.31$5,279
Feb 199839611413.952.30$5,786
Jan 199844818514.702.15$6,984
Dec 199763815416.322.41$10,783
Nov 199745523418.193.09$8,999
Oct 199744922919.253.15$9,365
Sep 199748324417.742.95$9,289
Aug 199751122817.862.55$9,709
Jul 199743429817.582.25$8,299
Jun 199744927917.242.26$8,371
May 199743124218.972.31$8,735
Apr 199766814917.882.08$12,254
Mar 199745015218.951.94$8,822
Feb 199745811720.492.21$9,643
Jan 19975199923.483.54$12,537
Dec 199649713323.32$11,590
Nov 199649715521.97$10,919
Oct 199650524923.31$11,772
Sep 199668526622.22$15,221
Aug 199650127620.26$10,150
Jul 199650226819.55$9,814
Jun 199649226818.73$9,215
May 199649221819.43$9,560
Apr 199650018521.51$10,755
Mar 199649814019.38$9,651
Feb 199647912716.98$8,133
Jan 199649011317.07$8,364
Dec 199550313717.19$8,647
Nov 199548711016.00$7,792
Oct 199526813315.43$4,135
Sep 199544913316.18$7,265
Aug 199537214715.92$5,922
Jul 199539614515.24$6,035
Jun 199538220816.41$6,269
May 199536513717.56$6,409
Apr 199519713517.73$3,493
Mar 199539411816.44$6,477
Feb 199535614116.58$5,902
Jan 199539912715.92$6,352
Dec 199442218915.03$6,343
Nov 199440612315.90$6,455
Oct 199440313215.58$6,279
Sep 199419413215.29$2,966
Aug 199435413316.13$5,710
Jul 199439211317.56$6,884
Jun 199438710617.09$6,614
May 199441413115.88$6,574
Apr 199421513714.14$3,040
Mar 199441214312.46$5,134
Feb 199420710012.50$2,588
Jan 199438410612.66$4,861
Dec 19933903112.33$4,809
Nov 19934221414.49$6,115
Oct 1993407515.85$6,451
Sep 19932116015.03$3,171
Aug 199341529215.66$6,499
Jul 199340538615.46$6,261
Jun 199341438516.79$6,951
May 199341036817.68$7,249
Apr 199341342518.05$7,455
Mar 199341130818.14$7,456
Feb 199341418317.90$7,411
Jan 199341916516.93$7,094

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.

May 2026 — as filed, then multipliedworked
Oil                  167 bbl  × $106.41 =    $17,770
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $17,770

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. 6E/O/7131 is the state's own key, not one this site invented.