SMITH-MADDOX

Operated by TRACER OPERATING, INC. (P-5 863965) in the MOONEY (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 121942District 7BField 62698600CondensateGasSaveExport
Value, all time
$172 k
Jan 1993 – Apr 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
256
no gaps in the span
Streams
2
condensate, 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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
1984-08-30
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 EFFECTIVE 06/01/85.

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
CondensateDisposition240 bbl$17,703
GasProduction38,270 Mcf$154,448
Total$172,152

4,736 Mcf of this lease's gas, across 21 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 32.7460, -98.3849. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.74597, -98.38491 · 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
4,435 ft
1 wells filed one
Completion to plug
7.8 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 4,435 ft.

Completions filed
Jul 2006
1 of 1 wells
Plug dates filed
Apr 2014
1 of 1 wells

Last completion to plug: a median of 7.8 years across the 1 well that filed both dates, with the middle half between 7.8 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633362414,435 ftJul 2006Apr 2014Yes

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 (256)

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

256 months

Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
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 2010100080.843.80$8,084
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007013559.617.81$1,054
Mar 2007011756.927.30$854
Feb 2007012855.108.22$1,052
Jan 2007013550.306.73$908
Dec 2006018256.656.92$1,259
Nov 2006026354.207.62$2,003
Oct 2006061754.906.01$3,711
Sep 200601,00760.085.04$5,072
Aug 20061402,64468.717.34$29,026
Jul 2006030969.376.34$1,960
Jun 2006011766.286.38$747
May 2006026366.016.42$1,690
Apr 2006020764.397.36$1,524
Mar 2006024056.707.08$1,700
Feb 2006024057.597.75$1,860
Jan 2006019160.598.93$1,706
Dec 2005021254.9413.42$2,844
Nov 2005018954.6910.59$2,001
Oct 2005015058.3413.80$2,069
Sep 2005015361.4512.08$1,848
Aug 2005014961.519.80$1,460
Jul 2005016755.697.84$1,310
Jun 2005019852.337.38$1,461
May 2005017145.226.65$1,137
Apr 2005058449.207.36$4,299
Mar 2005018850.377.15$1,345
Feb 2005013745.226.31$865
Jan 2005015743.166.32$993
Dec 2004013139.866.75$884
Nov 2004016345.286.33$1,032
Oct 2004018149.706.52$1,179
Sep 2004015143.245.28$798
Aug 200403542.375.55$194
Jul 2004017038.286.08$1,034
Jun 2004015036.106.43$965
May 2004019637.486.49$1,273
Apr 2004019234.475.86$1,125
Mar 2004016534.365.53$912
Feb 2004016132.455.51$887
Jan 2004019932.036.30$1,254
Dec 2003019830.266.30$1,248
Nov 2003016328.804.60$749
Oct 2003017128.174.76$814
Sep 2003015526.314.75$736
Aug 2003018329.765.13$939
Jul 2003019029.415.17$982
Jun 2003019828.565.98$1,185
May 2003018226.595.97$1,087
Apr 2003020926.675.41$1,130
Mar 2003022231.146.10$1,353
Feb 2003020833.487.93$1,649
Jan 2003021230.315.58$1,183
Dec 2002018026.914.85$874
Nov 2002017524.664.14$724
Oct 2002022526.464.23$952
Sep 2002020427.443.64$742
Aug 2002020425.963.16$645
Jul 2002060324.583.06$1,846
Jun 2002030123.733.34$1,005
May 2002029924.663.58$1,072
Apr 2002022123.653.51$776
Mar 2002022322.003.10$692
Feb 2002022918.222.38$544
Jan 2002022217.172.38$527
Dec 2001023716.932.36$560
Nov 2001021518.072.41$517
Oct 2001025619.782.53$647
Sep 2001023024.262.25$518
Aug 2001026424.873.05$806
Jul 2001024423.933.20$780
Jun 2001024024.563.82$918
May 2001023925.524.31$1,029
Apr 2001023524.685.34$1,254
Mar 2001026424.545.38$1,419
Feb 2001022927.755.77$1,321
Jan 2001023727.478.40$1,991
Dec 2000026826.889.12$2,445
Nov 2000023332.215.66$1,318
Oct 2000028831.235.15$1,482
Sep 2000027731.875.19$1,437
Aug 2000024929.644.54$1,131
Jul 2000026728.534.09$1,092
Jun 2000029829.304.40$1,310
May 2000025027.263.68$920
Apr 2000025324.513.12$788
Mar 2000039428.422.86$1,127
Feb 2000031927.622.73$870
Jan 2000035725.272.48$886
Dec 1999034324.282.42$831
Nov 1999030123.192.43$733
Oct 1999034720.982.80$973
Sep 1999031321.752.62$820
Aug 1999032119.262.88$923
Jul 1999035517.892.37$842
Jun 1999034115.942.36$805
May 1999036115.792.32$838
Apr 1999027515.102.21$607
Mar 1999030812.471.84$566
Feb 199903809.981.82$691
Jan 1999025810.381.90$490
Dec 199803049.201.77$539
Nov 1998030610.892.19$669
Oct 1998038912.421.97$766
Sep 1998036812.592.08$766
Aug 1998037211.301.91$710
Jul 1998033111.742.24$741
Jun 1998038811.242.24$868
May 1998040512.622.21$894
Apr 1998025113.042.51$629
Mar 1998022112.802.31$510
Feb 1998022413.952.30$515
Jan 1998027514.702.15$593
Dec 1997021516.322.41$518
Nov 1997025518.193.09$788
Oct 1997019619.253.15$617
Sep 1997023617.742.95$697
Aug 1997024317.862.55$621
Jul 1997027117.582.25$609
Jun 1997025417.242.26$573
May 1997025418.972.31$586
Apr 1997029417.882.08$612
Mar 1997025518.951.94$494
Feb 1997023320.492.21$514
Jan 1997022723.483.54$804
Dec 1996023323.32$0
Nov 1996026921.97$0
Oct 1996029423.31$0
Sep 1996026522.22$0
Aug 1996024020.26$0
Jul 1996018519.55$0
Jun 1996021018.73$0
May 1996025319.43$0
Apr 1996024021.51$0
Mar 1996031419.38$0
Feb 1996025016.98$0
Jan 1996018217.07$0
Dec 1995020517.19$0
Nov 1995018616.00$0
Oct 1995024615.43$0
Sep 1995014516.18$0
Aug 1995018515.92$0
Jul 1995018015.24$0
Jun 1995028816.41$0
May 1995027917.56$0
Apr 199508717.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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 2010 — as filed, then multipliedworked
Condensate           100 bbl  × $ 80.84 =     $8,084
Gas                    0 Mcf  × $  3.80 =         $0

────────────────────────────────────────────────────
Month total                                   $8,084

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/121942 is the state's own key, not one this site invented.