SMITH, S. G.

Operated by HUGUS INVESTMENT COMPANY, INC. (P-5 412180) 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 7794District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$6.0 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 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
OilDisposition264,582 bbl$5,780,521
Casinghead gasProduction102,927 Mcf$187,781
Total$5,968,302

51,424 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 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 2018235046.594.19$10,949
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 20180463.842.90$12
Mar 20180061.222.79$0
Feb 20180361.782.77$8
Jan 201801462.874.01$56
Dec 20170257.272.92$6
Nov 20170355.423.12$9
Oct 20170049.292.98$0
Sep 201701447.523.09$43
Aug 20170945.373.00$27
Jul 201701543.873.09$46
Jun 20171571142.493.09$6,705
May 201701545.373.26$49
Apr 201701547.933.21$48
Mar 201702546.772.98$75
Feb 201701250.452.95$35
Jan 201701149.413.42$38
Dec 20160048.763.72$0
Nov 20161841142.492.64$7,847
Oct 201601346.193.09$40
Sep 201601341.553.10$40
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201601345.352.69$35
May 20160642.521.99$12
Apr 201601536.561.99$30
Mar 201601233.011.79$22
Feb 20160626.472.06$12
Jan 20160427.352.36$9
Dec 20150132.362.00$2
Nov 20150038.792.17$0
Oct 20150143.552.43$2
Sep 2015144242.992.76$6,196
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015149049.822.71$7,423
Mar 201501242.892.93$35
Feb 20150344.662.98$9
Jan 201501243.433.10$37
Dec 201402154.693.59$75
Nov 20141782670.464.25$12,652
Oct 201403078.303.90$117
Sep 201403586.164.05$142
Aug 201403889.394.04$153
Jul 201402996.564.18$121
Jun 201401998.164.74$90
May 20141401294.734.73$13,319
Apr 201401695.944.81$77
Mar 20140595.895.06$25
Feb 20140197.406.19$6
Jan 2014172290.404.86$15,559
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201301104.113.72$4
Aug 20131480104.253.52$15,429
Jul 201300102.523.72$0
Jun 20130594.403.93$20
May 2013176894.834.15$16,723
Apr 201301693.964.28$69
Mar 201302893.623.91$110
Feb 201302391.233.42$79
Jan 20131772591.603.42$16,299
Dec 201203486.773.42$116
Nov 20121473586.953.62$12,909
Oct 201203689.383.40$122
Sep 20121613894.672.92$15,353
Aug 20120292.662.91$6
Jul 2012167085.133.02$14,217
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20121650101.652.00$16,772
Mar 201200105.052.22$0
Feb 20121820101.102.57$18,400
Jan 20120098.092.73$0
Dec 2011178096.873.24$17,243
Nov 201102095.723.31$66
Oct 20111745784.983.65$14,994
Sep 20111735883.623.99$14,697
Aug 201106083.404.15$249
Jul 20111805394.144.52$17,185
Jun 20111825992.904.64$17,182
May 201103298.134.40$141
Apr 20111600105.964.33$16,954
Mar 20111771596.364.06$17,117
Feb 2011181085.644.18$15,501
Jan 20110086.504.59$0
Dec 2010166085.734.35$14,231
Nov 2010190080.843.80$15,360
Oct 20100078.103.51$0
Sep 2010179072.633.98$13,001
Aug 20100073.684.42$0
Jul 2010178072.554.74$12,914
Jun 2010174870.364.91$12,282
May 201002971.124.24$123
Apr 20101841981.694.12$15,109
Mar 20100078.394.39$0
Feb 2010188073.585.44$13,833
Jan 2010181074.365.96$13,459
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20091621072.544.11$11,793
Sep 20091702365.543.06$11,212
Aug 20091423967.423.22$9,699
Jul 200906161.133.46$211
Jun 20091656466.163.90$11,166
May 20091657354.743.93$9,319
Apr 20091706946.773.59$8,198
Mar 20091573642.144.06$6,762
Feb 20091765032.814.63$6,006
Jan 20091644735.865.37$6,133
Dec 20081841737.105.98$6,928
Nov 20081911555.496.86$10,702
Oct 200804375.246.92$298
Sep 200816547101.767.88$17,161
Aug 200818284114.228.48$21,501
Jul 200818498131.0811.39$25,235
Jun 2008182101131.3313.03$25,218
May 200817897123.1711.57$23,047
Apr 200818148110.3110.45$20,468
Mar 200817751101.909.66$18,529
Feb 20081893592.538.77$17,795
Jan 200802490.388.21$197
Dec 20071774388.337.30$15,948
Nov 20071873891.677.29$17,419
Oct 20071907182.856.92$16,233
Sep 20071578075.846.24$12,406
Aug 20071798769.066.39$12,917
Jul 20071868870.906.39$13,750
Jun 20071828062.007.55$11,888
May 20071781758.747.85$10,589
Apr 20071832159.617.81$11,073
Mar 20071831456.927.30$10,519
Feb 2007182455.108.22$10,061
Jan 200702150.306.73$141
Dec 20061804156.656.92$10,481
Nov 20061713154.207.62$9,504
Oct 20061825454.906.01$10,317
Sep 20061786460.085.04$11,017
Aug 20061776968.717.34$12,668
Jul 20061817569.376.34$13,032
Jun 20061757766.286.38$12,091
May 20061796166.016.42$12,208
Apr 20061794864.397.36$11,879
Mar 20061734156.707.08$10,100
Feb 20061843057.597.75$10,829
Jan 20061815260.598.93$11,431
Dec 20053633654.9413.42$20,426
Nov 20051845954.6910.59$10,688
Oct 20051719558.3413.80$11,287
Sep 200518010161.4512.08$12,281
Aug 200537410061.519.80$23,984
Jul 200518510455.697.84$11,118
Jun 20051778752.337.38$9,905
May 20051748945.226.65$8,460
Apr 20053468949.207.36$17,678
Mar 20051787850.377.15$9,524
Feb 20051775845.226.31$8,370
Jan 200535316043.166.32$16,247
Dec 200416327439.866.75$8,347
Nov 200437131245.286.33$18,774
Oct 200418528549.706.52$11,051
Sep 200436631843.245.28$17,506
Aug 200418232842.375.55$9,532
Jul 200434926438.286.08$14,966
Jun 200418023136.106.43$7,984
May 200436721337.486.49$15,139
Apr 200418319234.475.86$7,433
Mar 200454020534.365.53$19,688
Feb 200411711832.455.51$4,447
Jan 20043587032.036.30$11,908
Dec 200317715630.266.30$6,339
Nov 200336711728.804.60$11,107
Oct 200317723528.174.76$6,105
Sep 200317719926.314.75$5,602
Aug 200327322029.765.13$9,253
Jul 200336227829.415.17$12,084
Jun 200335033628.565.98$12,006
May 200335834326.595.97$11,568
Apr 200336036726.675.41$11,586
Mar 200355629531.146.10$19,112
Feb 200318812133.487.93$7,253
Jan 200356817630.315.58$18,199
Dec 200236630226.914.85$11,315
Nov 200251931224.664.14$14,089
Oct 200268442726.464.23$19,904
Sep 200236339327.443.64$11,389
Aug 200255637625.963.16$15,623
Jul 200273039624.583.06$19,156
Jun 200254730323.733.34$13,992
May 200289239224.663.58$23,402
Apr 200254238823.653.51$14,181
Mar 200254831422.003.10$13,030
Feb 200254631018.222.38$10,685
Jan 20021,02038317.172.38$18,423
Dec 200154936316.932.36$10,153
Nov 200193535218.072.41$17,742
Oct 200192329319.782.53$18,998
Sep 200171148024.262.25$18,329
Aug 20011,00153724.873.05$26,534
Jul 20011,09155223.933.20$27,872
Jun 20011,08154024.563.82$28,614
May 20011,01254925.524.31$28,191
Apr 20011,08254324.685.34$29,601
Mar 20011,26851824.545.38$33,902
Feb 20011,08849627.755.77$33,052
Jan 20011,81050227.478.40$53,937
Dec 20001,01834426.889.12$30,502
Nov 20001,42449932.215.66$48,690
Oct 20001,24547431.235.15$41,320
Sep 20001,81052831.875.19$60,423
Aug 20001,79756329.644.54$55,820
Jul 20002,21865828.534.09$65,971
Jun 20001,73554429.304.40$53,228
May 20002,52459327.263.68$70,986
Apr 20002,29461124.513.12$58,130
Mar 20002,08851828.422.86$60,822
Feb 20002,09153327.622.73$59,207
Jan 20002,41570525.272.48$62,776
Dec 19992,74663624.282.42$68,214
Nov 19992,27870223.192.43$54,535
Oct 19993,33976320.982.80$72,191
Sep 19992,12761721.752.62$47,878
Aug 19992,91871019.262.88$58,242
Jul 19992,67375917.892.37$49,621
Jun 19992,82574015.942.36$46,778
May 19993,43388315.792.32$56,257
Apr 19993,25481615.102.21$50,937
Mar 19992,60280912.471.84$33,934
Feb 19993,1057439.981.82$32,339
Jan 19992,10046510.381.90$22,681
Dec 19982,7836379.201.77$26,733
Nov 19983,26395110.892.19$37,613
Oct 19982,76175812.421.97$35,784
Sep 19982,75373512.592.08$36,191
Aug 19982,31484811.301.91$27,766
Jul 19982,75466611.742.24$33,822
Jun 19982,30864011.242.24$27,374
May 19982,27170512.622.21$30,215
Apr 19983,07869413.042.51$41,876
Mar 19981,4769612.802.31$19,115
Feb 1998833513.952.30$11,632
Jan 1998016614.702.15$358
Dec 19971,21730416.322.41$20,594
Nov 19971,33150218.193.09$25,761
Oct 19972,24065719.253.15$45,189
Sep 19972,45682117.742.95$45,995
Aug 19972,37298117.862.55$44,870
Jul 19972,37579417.582.25$43,537
Jun 19972,27370717.242.26$40,782
May 19972,62870518.972.31$51,481
Apr 19972,32384417.882.08$43,293
Mar 19972,3571,21918.951.94$47,029
Feb 19972,33172320.492.21$49,357
Jan 19972,29089123.483.54$56,923
Dec 19962,3281,54823.32$54,289
Nov 19962,3161,21321.97$50,883
Oct 19962,3251,21423.31$54,196
Sep 19962,31791322.22$51,484
Aug 19962,6431,24420.26$53,547
Jul 19962,3101,40119.55$45,161
Jun 19962,31774218.73$43,397
May 19962,7951,08319.43$54,307
Apr 19962,18074521.51$46,892
Mar 19962,3141,10219.38$44,845
Feb 19962,3191,55916.98$39,377
Jan 19962,3281,98417.07$39,739
Dec 19952,3291,33717.19$40,036
Nov 19952,3261,33816.00$37,216
Oct 19952,3251,33615.43$35,875
Sep 19952,3151,06416.18$37,457
Aug 19952,7671,07515.92$44,051
Jul 19952,3161,30115.24$35,296
Jun 19952,31486016.41$37,973
May 19952,32491217.56$40,809
Apr 19952,3281,46017.73$41,275
Mar 19952,3281,32016.44$38,272
Feb 19952,3381,53716.58$38,764
Jan 19952,3342,27515.92$37,157
Dec 19942,3252,08315.03$34,945
Nov 19942,3211,62115.90$36,904
Oct 19942,3121,67615.58$36,021
Sep 19942,3031,06715.29$35,213
Aug 19942,31284016.13$37,293
Jul 19942,66569917.56$46,797
Jun 19942,27369717.09$38,846
May 19942,31668515.88$36,778
Apr 19942,32658414.14$32,890
Mar 19942,35068412.46$29,281
Feb 19941,79453312.50$22,425
Jan 19942,34171612.66$29,637
Dec 19932,33279412.33$28,754
Nov 19932,32466214.49$33,675
Oct 19932,78565015.85$44,142
Sep 19932,31476215.03$34,779
Aug 19932,30974815.66$36,159
Jul 19932,30579515.46$35,635
Jun 19932,25276716.79$37,811
May 19932,39483517.68$42,326
Apr 19932,29771418.05$41,461
Mar 19932,33178418.14$42,284
Feb 19932,33567517.90$41,797
Jan 19932,34979016.93$39,769

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.

Dec 2018 — as filed, then multipliedworked
Oil                  235 bbl  × $ 46.59 =    $10,949
Casinghead gas         0 Mcf  × $  4.19 =         $0

────────────────────────────────────────────────────
Month total                                  $10,949

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/7794 is the state's own key, not one this site invented.