SMITH-EEC #2

Operated by RICHEY, RAY MANAGEMENT CO., INC. (P-5 709694) in the LEE RAY (DUFFER LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 123705District 7BField 52900426CondensateGasSaveExport
Value, all time
$150 k
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
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 42 leases and 44 wells, and the rule below applies to all of them.

Discovered
1927-10-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1981-09-14.

The Commission's schedule remark for this field reads: EXPLORATION INC DATED 12/2/96. EFFECTIVE 12/1/96.

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
CondensateDisposition2 bbl$40
GasProduction61,774 Mcf$150,282
Total$150,322

29,647 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 32.5073, -98.9779. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.50729, -98.97792 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,850 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.
1100.0%

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 3,850 ft.

Completions filed
Jan 1987
1 of 1 wells

1 well

42-1333281923,850 ftJan 1987

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 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 20180046.594.19$0
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 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
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 20100080.843.80$0
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 200901666.163.90$62
May 200908754.743.93$342
Apr 200907346.773.59$262
Mar 2009013242.144.06$536
Feb 2009011532.814.63$533
Jan 200909335.865.37$500
Dec 2008010737.105.98$640
Nov 2008010255.496.86$700
Oct 200809075.246.92$623
Sep 20080101101.767.88$796
Aug 20080150114.228.48$1,272
Jul 20080145131.0811.39$1,651
Jun 20080110131.3313.03$1,434
May 20080207123.1711.57$2,396
Apr 20080201110.3110.45$2,101
Mar 2008097101.909.66$937
Feb 2008013392.538.77$1,166
Jan 2008013290.388.21$1,083
Dec 200707988.337.30$577
Nov 2007013191.677.29$955
Oct 2007012682.856.92$872
Sep 200709275.846.24$574
Aug 200708569.066.39$543
Jul 2007014870.906.39$945
Jun 2007011362.007.55$853
May 2007017258.747.85$1,350
Apr 2007013259.617.81$1,030
Mar 200709556.927.30$694
Feb 200709155.108.22$748
Jan 2007016550.306.73$1,110
Dec 2006017356.656.92$1,197
Nov 2006016354.207.62$1,242
Oct 2006022254.906.01$1,335
Sep 2006016560.085.04$831
Aug 2006016268.717.34$1,189
Jul 2006018269.376.34$1,154
Jun 2006019866.286.38$1,264
May 2006020366.016.42$1,304
Apr 2006014664.397.36$1,075
Mar 2006015356.707.08$1,084
Feb 2006017157.597.75$1,325
Jan 2006016560.598.93$1,474
Dec 2005016754.9413.42$2,240
Nov 200508154.6910.59$858
Oct 200505458.3413.80$745
Sep 2005010161.4512.08$1,220
Aug 2005013661.519.80$1,332
Jul 2005017255.697.84$1,349
Jun 2005016952.337.38$1,247
May 2005015545.226.65$1,031
Apr 2005022749.207.36$1,671
Mar 2005015750.377.15$1,123
Feb 2005016245.226.31$1,023
Jan 2005018143.166.32$1,144
Dec 2004021039.866.75$1,418
Nov 2004016045.286.33$1,013
Oct 2004016149.706.52$1,049
Sep 200403943.245.28$206
Aug 2004011242.375.55$622
Jul 2004017538.286.08$1,065
Jun 2004018936.106.43$1,216
May 2004027837.486.49$1,805
Apr 2004028834.475.86$1,687
Mar 2004028134.365.53$1,554
Feb 2004027032.455.51$1,488
Jan 2004028332.036.30$1,783
Dec 2003025330.266.30$1,594
Nov 2003015328.804.60$703
Oct 2003015928.174.76$757
Sep 2003016726.314.75$793
Aug 2003016029.765.13$821
Jul 2003013129.415.17$677
Jun 2003015428.565.98$921
May 2003021226.595.97$1,266
Apr 2003020426.675.41$1,103
Mar 2003024131.146.10$1,469
Feb 2003020133.487.93$1,593
Jan 2003024330.315.58$1,356
Dec 2002024726.914.85$1,199
Nov 2002020324.664.14$840
Oct 2002022826.464.23$964
Sep 2002017027.443.64$618
Aug 2002015525.963.16$490
Jul 200204124.583.06$126
Jun 2002017123.733.34$571
May 2002031524.663.58$1,129
Apr 2002024823.653.51$871
Mar 2002025622.003.10$794
Feb 200207918.222.38$188
Jan 2002013117.172.38$311
Dec 200105816.932.36$137
Nov 200103618.072.41$87
Oct 2001023319.782.53$589
Sep 2001022324.262.25$502
Aug 2001021524.873.05$656
Jul 2001026723.933.20$854
Jun 2001037924.563.82$1,449
May 2001042225.524.31$1,818
Apr 2001039324.685.34$2,097
Mar 2001037724.545.38$2,027
Feb 2001026427.755.77$1,523
Jan 2001029227.478.40$2,452
Dec 2000026826.889.12$2,445
Nov 2000035632.215.66$2,014
Oct 2000041831.235.15$2,151
Sep 2000037531.875.19$1,945
Aug 2000045529.644.54$2,066
Jul 2000147028.534.09$1,951
Jun 2000041629.304.40$1,829
May 2000033527.263.68$1,233
Apr 2000022024.513.12$686
Mar 2000036528.422.86$1,044
Feb 2000030327.622.73$826
Jan 2000032225.272.48$799
Dec 1999033424.282.42$810
Nov 1999036123.192.43$879
Oct 1999043320.982.80$1,214
Sep 1999036521.752.62$956
Aug 1999041319.262.88$1,188
Jul 1999030417.892.37$721
Jun 1999031715.942.36$749
May 1999038815.792.32$901
Apr 1999023115.102.21$510
Mar 1999019612.471.84$360
Feb 199901589.981.82$287
Jan 1999025710.381.90$488
Dec 199802109.201.77$372
Nov 1998029810.892.19$651
Oct 1998032012.421.97$630
Sep 1998026012.592.08$541
Aug 1998019411.301.91$370
Jul 1998023911.742.24$535
Jun 1998125911.242.24$591
May 1998021112.622.21$466
Apr 1998021813.042.51$546
Mar 1998023112.802.31$533
Feb 1998020713.952.30$476
Jan 1998024214.702.15$521
Dec 1997023516.322.41$567
Nov 1997026018.193.09$803
Oct 1997025919.253.15$816
Sep 1997032417.742.95$957
Aug 1997027317.862.55$697
Jul 1997038317.582.25$861
Jun 1997027217.242.26$614
May 1997046418.972.31$1,071
Apr 1997044017.882.08$916
Mar 1997040518.951.94$785
Feb 1997021420.492.21$472
Jan 1997013723.483.54$485
Dec 1996014823.32$0
Nov 1996033621.97$0
Oct 1996053323.31$0
Sep 1996055022.22$0
Aug 1996066420.26$0
Jul 1996036419.55$0
Jun 1996054118.73$0
May 1996064419.43$0
Apr 1996068521.51$0
Mar 1996063119.38$0
Feb 1996057316.98$0
Jan 1996063717.07$0
Dec 1995063717.19$0
Nov 1995060116.00$0
Oct 1995060915.43$0
Sep 1995053016.18$0
Aug 1995069215.92$0
Jul 1995066915.24$0
Jun 1995098916.41$0
May 1995051817.56$0
Apr 199501,74417.73$0
Mar 1995071016.44$0
Feb 1995041416.58$0
Jan 1995046815.92$0
Dec 1994045015.03$0
Nov 1994049015.90$0
Oct 1994049415.58$0
Sep 1994048815.29$0
Aug 1994057516.13$0
Jul 1994055317.56$0
Jun 1994052417.09$0
May 1994053515.88$0
Apr 1994046714.14$0
Mar 1994052112.46$0
Feb 1994041612.50$0
Jan 1994051612.66$0
Dec 1993043812.33$0
Nov 1993050314.49$0
Oct 199301,26815.85$0
Sep 1993043715.03$0
Aug 1993067515.66$0
Jul 1993070615.46$0
Jun 1993082516.79$0
May 1993082417.68$0
Apr 1993083218.05$0
Mar 1993074418.14$0
Feb 1993075217.90$0
Jan 1993072716.93$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.

Jun 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.16 =         $0
Gas                   16 Mcf  × $  3.90 =        $62

────────────────────────────────────────────────────
Month total                                      $62

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/123705 is the state's own key, not one this site invented.