SMITH

Operated by REPUBLIC ENERGY OPERATING, LLC (P-5 702662) in the GROGAN (1300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 117692District 7BField 37121100NGPA filingGasSaveExport
Value, all time
$308 k
Jan 1993 – Oct 2010
Value, last 12 filed months
$64
at the published price for each month
Months reported
214
no gaps in the span
Streams
1
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1980-07-07
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 01-1-81 PER AMENDMENT TO SWR 28 & 29

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
GasProduction122,827 Mcf$308,186
Total$308,186

52,547 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 (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 32.6467, -97.8175. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.64674, -97.81750 · 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
2,492 ft
1 wells filed one
Completion to plug
25.2 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 2,492 ft.

Completions filed
Aug 1985
1 of 1 wells
Plug dates filed
Oct 2010
1 of 1 wells

Last completion to plug: a median of 25.2 years across the 1 well that filed both dates, with the middle half between 25.2 years and 25.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3673291012,492 ftAug 1985Oct 2010Yes

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 (214)

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

214 months

Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 20091774.593.75$64
Oct 200914172.544.11$580
Sep 20098765.543.06$267
Aug 200933067.423.22$1,062
Jul 200934761.133.46$1,202
Jun 200935666.163.90$1,387
May 200941454.743.93$1,625
Apr 200940646.773.59$1,457
Mar 200938642.144.06$1,567
Feb 200932532.814.63$1,506
Jan 200938735.865.37$2,079
Dec 200835937.105.98$2,146
Nov 200836255.496.86$2,483
Oct 200841475.246.92$2,866
Sep 2008202101.767.88$1,591
Aug 2008378114.228.48$3,207
Jul 2008393131.0811.39$4,476
Jun 2008374131.3313.03$4,874
May 2008385123.1711.57$4,456
Apr 2008396110.3110.45$4,140
Mar 2008425101.909.66$4,107
Feb 200812892.538.77$1,123
Jan 200830290.388.21$2,478
Dec 200737188.337.30$2,709
Nov 200735391.677.29$2,574
Oct 200737682.856.92$2,603
Sep 200738375.846.24$2,392
Aug 200714669.066.39$933
Jul 200717970.906.39$1,143
Jun 200736762.007.55$2,770
May 200734658.747.85$2,715
Apr 20079659.617.81$749
Mar 200718556.927.30$1,351
Feb 200719555.108.22$1,602
Jan 200732050.306.73$2,153
Dec 200632556.656.92$2,248
Nov 200632554.207.62$2,476
Oct 200633854.906.01$2,033
Sep 200630360.085.04$1,526
Aug 200632468.717.34$2,378
Jul 200631169.376.34$1,973
Jun 200631766.286.38$2,024
May 200636066.016.42$2,313
Apr 200629664.397.36$2,179
Mar 200627656.707.08$1,955
Feb 200628257.597.75$2,186
Jan 200634160.598.93$3,046
Dec 200531954.9413.42$4,280
Nov 200529654.6910.59$3,134
Oct 200524258.3413.80$3,339
Sep 200528761.4512.08$3,467
Aug 200527861.519.80$2,724
Jul 200525055.697.84$1,961
Jun 200519052.337.38$1,402
May 20059945.226.65$658
Apr 20059949.207.36$729
Mar 2005150.377.15$7
Feb 2005145.226.31$6
Jan 200515543.166.32$980
Dec 200428739.866.75$1,938
Nov 200435645.286.33$2,254
Oct 200482149.706.52$5,349
Sep 200435643.245.28$1,881
Aug 200445042.375.55$2,498
Jul 200436238.286.08$2,202
Jun 200446436.106.43$2,985
May 200445237.486.49$2,936
Apr 200446434.475.86$2,718
Mar 200445334.365.53$2,505
Feb 200441132.455.51$2,264
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 200347130.315.58$2,629
Dec 200252126.914.85$2,529
Nov 200257624.664.14$2,383
Oct 200265826.464.23$2,783
Sep 200256727.443.64$2,061
Aug 200259025.963.16$1,867
Jul 200259724.583.06$1,828
Jun 200252323.733.34$1,746
May 200258824.663.58$2,107
Apr 200263323.653.51$2,223
Mar 200255122.003.10$1,710
Feb 200252318.222.38$1,242
Jan 200256917.172.38$1,352
Dec 200159716.932.36$1,412
Nov 200158918.072.41$1,417
Oct 200160319.782.53$1,525
Sep 200162024.262.25$1,396
Aug 200155424.873.05$1,691
Jul 200161023.933.20$1,950
Jun 200171024.563.82$2,715
May 200173125.524.31$3,149
Apr 200170424.685.34$3,756
Mar 200173224.545.38$3,936
Feb 200165827.755.77$3,795
Jan 200168827.478.40$5,778
Dec 200070626.889.12$6,440
Nov 200069632.215.66$3,938
Oct 200074731.235.15$3,844
Sep 200071131.875.19$3,688
Aug 200070929.644.54$3,219
Jul 200066828.534.09$2,732
Jun 200057729.304.40$2,537
May 200063927.263.68$2,351
Apr 200063924.513.12$1,991
Mar 200059328.422.86$1,696
Feb 200058327.622.73$1,590
Jan 200066125.272.48$1,640
Dec 199966024.282.42$1,600
Nov 199963123.192.43$1,536
Oct 199968520.982.80$1,921
Sep 199969621.752.62$1,823
Aug 199972119.262.88$2,073
Jul 199970317.892.37$1,668
Jun 199967415.942.36$1,592
May 199962615.792.32$1,453
Apr 199965415.102.21$1,444
Mar 199972612.471.84$1,335
Feb 19996259.981.82$1,136
Jan 199977610.381.90$1,474
Dec 19986389.201.77$1,131
Nov 199871710.892.19$1,567
Oct 199873812.421.97$1,453
Sep 199875612.592.08$1,574
Aug 199862011.301.91$1,183
Jul 199862411.742.24$1,396
Jun 199849411.242.24$1,105
May 199860812.622.21$1,341
Apr 199860113.042.51$1,506
Mar 199872812.802.31$1,681
Feb 199863213.952.30$1,453
Jan 199872714.702.15$1,567
Dec 199769516.322.41$1,676
Nov 199770218.193.09$2,168
Oct 199776819.253.15$2,419
Sep 199777017.742.95$2,275
Aug 199780417.862.55$2,054
Jul 199786817.582.25$1,950
Jun 199786817.242.26$1,959
May 199788118.972.31$2,034
Apr 199777317.882.08$1,610
Mar 199784418.951.94$1,637
Feb 199776520.492.21$1,688
Jan 199786823.483.54$3,072
Dec 199694723.32$0
Nov 199694021.97$0
Oct 199691723.31$0
Sep 199691822.22$0
Aug 199693520.26$0
Jul 199695519.55$0
Jun 199692218.73$0
May 199698219.43$0
Apr 19961,01021.51$0
Mar 19961,03719.38$0
Feb 199694516.98$0
Jan 19961,01117.07$0
Dec 19951,03217.19$0
Nov 19951,02516.00$0
Oct 199599515.43$0
Sep 19951,07416.18$0
Aug 199590415.92$0
Jul 199592915.24$0
Jun 199597416.41$0
May 19951,03717.56$0
Apr 19951,09117.73$0
Mar 19951,11116.44$0
Feb 19951,03716.58$0
Jan 19951,16315.92$0
Dec 19941,05415.03$0
Nov 19941,04315.90$0
Oct 19941,23515.58$0
Sep 199498815.29$0
Aug 19941,20316.13$0
Jul 19941,17017.56$0
Jun 199461017.09$0
May 199466215.88$0
Apr 199458014.14$0
Mar 199475212.46$0
Feb 19941,12812.50$0
Jan 19941,27712.66$0
Dec 19931,51612.33$0
Nov 19931,34714.49$0
Oct 19931,40115.85$0
Sep 19931,12115.03$0
Aug 19931,17215.66$0
Jul 19931,39315.46$0
Jun 19931,36616.79$0
May 19931,48617.68$0
Apr 19931,51218.05$0
Mar 19931,52818.14$0
Feb 19931,49117.90$0
Jan 19931,62116.93$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.

Nov 2009 — as filed, then multipliedworked
Gas                   17 Mcf  × $  3.75 =        $64

────────────────────────────────────────────────────
Month total                                      $64

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. 7B/G/117692 is the state's own key, not one this site invented.