SMITH

Name: SMITH lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NOVO EXPLORATION CORPORATION (P-5 615780) in the FRANCIS K. (GARDNER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 131818District 7BField 32520333GasSave Export

Value, all time

$206 k

Jan 1993 – Oct 2010

Value, last 12 filed months

at the published price for each month

Months reported

214

no gaps in the span

Streams

gas

The FRANCIS K. (GARDNER) field

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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered

1986-08-18

as the register files it

Field class

Oil and 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: “FROM OPERATORS AND PURCHASERS IN THIS FIELD”

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.

Stream	Basis	Volume	Value
Gas	Production	107,002 Mcf	$206,498
Total			$206,498

57,856 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 32.0366, -99.6800. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.03660, -99.67997 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

4,000 ft

1 wells filed one

Completion to plug

21.3 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 4,000 ft.

Completions filed

Jul 1989

1 of 1 wells

Plug dates filed

Oct 2010

1 of 1 wells

Last completion to plug: a median of 21.3 years across the 1 well that filed both dates, with the middle half between 21.3 years and 21.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-08335075	2	4,000 ft	Jul 1989	Oct 2010	Yes

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 2010	0	78.10	3.51	$0
Sep 2010	0	72.63	3.98	$0
Aug 2010	0	73.68	4.42	$0
Jul 2010	0	72.55	4.74	$0
Jun 2010	0	70.36	4.91	$0
May 2010	0	71.12	4.24	$0
Apr 2010	0	81.69	4.12	$0
Mar 2010	0	78.39	4.39	$0
Feb 2010	0	73.58	5.44	$0
Jan 2010	0	74.36	5.96	$0
Dec 2009	0	71.44	5.48	$0
Nov 2009	0	74.59	3.75	$0
Oct 2009	0	72.54	4.11	$0
Sep 2009	0	65.54	3.06	$0
Aug 2009	0	67.42	3.22	$0
Jul 2009	0	61.13	3.46	$0
Jun 2009	0	66.16	3.90	$0
May 2009	0	54.74	3.93	$0
Apr 2009	0	46.77	3.59	$0
Mar 2009	0	42.14	4.06	$0
Feb 2009	0	32.81	4.63	$0
Jan 2009	0	35.86	5.37	$0
Dec 2008	0	37.10	5.98	$0
Nov 2008	0	55.49	6.86	$0
Oct 2008	0	75.24	6.92	$0
Sep 2008	0	101.76	7.88	$0
Aug 2008	0	114.22	8.48	$0
Jul 2008	0	131.08	11.39	$0
Jun 2008	0	131.33	13.03	$0
May 2008	0	123.17	11.57	$0
Apr 2008	0	110.31	10.45	$0
Mar 2008	0	101.90	9.66	$0
Feb 2008	4	92.53	8.77	$35
Jan 2008	28	90.38	8.21	$230
Dec 2007	92	88.33	7.30	$672
Nov 2007	117	91.67	7.29	$853
Oct 2007	155	82.85	6.92	$1,073
Sep 2007	170	75.84	6.24	$1,062
Aug 2007	209	69.06	6.39	$1,335
Jul 2007	175	70.90	6.39	$1,118
Jun 2007	146	62.00	7.55	$1,102
May 2007	216	58.74	7.85	$1,695
Apr 2007	55	59.61	7.81	$429
Mar 2007	58	56.92	7.30	$424
Feb 2007	94	55.10	8.22	$772
Jan 2007	198	50.30	6.73	$1,332
Dec 2006	190	56.65	6.92	$1,315
Nov 2006	192	54.20	7.62	$1,463
Oct 2006	203	54.90	6.01	$1,221
Sep 2006	160	60.08	5.04	$806
Aug 2006	188	68.71	7.34	$1,380
Jul 2006	174	69.37	6.34	$1,104
Jun 2006	140	66.28	6.38	$894
May 2006	164	66.01	6.42	$1,054
Apr 2006	215	64.39	7.36	$1,583
Mar 2006	190	56.70	7.08	$1,346
Feb 2006	163	57.59	7.75	$1,263
Jan 2006	218	60.59	8.93	$1,947
Dec 2005	254	54.94	13.42	$3,408
Nov 2005	268	54.69	10.59	$2,838
Oct 2005	282	58.34	13.80	$3,890
Sep 2005	206	61.45	12.08	$2,488
Aug 2005	285	61.51	9.80	$2,792
Jul 2005	303	55.69	7.84	$2,377
Jun 2005	258	52.33	7.38	$1,904
May 2005	299	45.22	6.65	$1,989
Apr 2005	290	49.20	7.36	$2,135
Mar 2005	214	50.37	7.15	$1,531
Feb 2005	265	45.22	6.31	$1,673
Jan 2005	252	43.16	6.32	$1,593
Dec 2004	325	39.86	6.75	$2,194
Nov 2004	320	45.28	6.33	$2,026
Oct 2004	318	49.70	6.52	$2,072
Sep 2004	331	43.24	5.28	$1,749
Aug 2004	337	42.37	5.55	$1,871
Jul 2004	332	38.28	6.08	$2,020
Jun 2004	288	36.10	6.43	$1,853
May 2004	276	37.48	6.49	$1,793
Apr 2004	316	34.47	5.86	$1,851
Mar 2004	315	34.36	5.53	$1,742
Feb 2004	301	32.45	5.51	$1,658
Jan 2004	303	32.03	6.30	$1,909
Dec 2003	382	30.26	6.30	$2,407
Nov 2003	410	28.80	4.60	$1,884
Oct 2003	283	28.17	4.76	$1,347
Sep 2003	282	26.31	4.75	$1,339
Aug 2003	343	29.76	5.13	$1,759
Jul 2003	334	29.41	5.17	$1,727
Jun 2003	313	28.56	5.98	$1,873
May 2003	343	26.59	5.97	$2,049
Apr 2003	376	26.67	5.41	$2,033
Mar 2003	399	31.14	6.10	$2,432
Feb 2003	365	33.48	7.93	$2,893
Jan 2003	537	30.31	5.58	$2,998
Dec 2002	457	26.91	4.85	$2,218
Nov 2002	321	24.66	4.14	$1,328
Oct 2002	313	26.46	4.23	$1,324
Sep 2002	323	27.44	3.64	$1,174
Aug 2002	371	25.96	3.16	$1,174
Jul 2002	369	24.58	3.06	$1,130
Jun 2002	362	23.73	3.34	$1,208
May 2002	394	24.66	3.58	$1,412
Apr 2002	315	23.65	3.51	$1,106
Mar 2002	422	22.00	3.10	$1,309
Feb 2002	311	18.22	2.38	$739
Jan 2002	306	17.17	2.38	$727
Dec 2001	349	16.93	2.36	$825
Nov 2001	383	18.07	2.41	$921
Oct 2001	303	19.78	2.53	$766
Sep 2001	270	24.26	2.25	$608
Aug 2001	341	24.87	3.05	$1,041
Jul 2001	347	23.93	3.20	$1,109
Jun 2001	338	24.56	3.82	$1,293
May 2001	367	25.52	4.31	$1,581
Apr 2001	341	24.68	5.34	$1,819
Mar 2001	417	24.54	5.38	$2,242
Feb 2001	367	27.75	5.77	$2,117
Jan 2001	373	27.47	8.40	$3,133
Dec 2000	383	26.88	9.12	$3,494
Nov 2000	432	32.21	5.66	$2,444
Oct 2000	415	31.23	5.15	$2,135
Sep 2000	466	31.87	5.19	$2,417
Aug 2000	357	29.64	4.54	$1,621
Jul 2000	462	28.53	4.09	$1,889
Jun 2000	436	29.30	4.40	$1,917
May 2000	432	27.26	3.68	$1,590
Apr 2000	458	24.51	3.12	$1,427
Mar 2000	437	28.42	2.86	$1,250
Feb 2000	391	27.62	2.73	$1,066
Jan 2000	430	25.27	2.48	$1,067
Dec 1999	506	24.28	2.42	$1,226
Nov 1999	441	23.19	2.43	$1,073
Oct 1999	535	20.98	2.80	$1,500
Sep 1999	486	21.75	2.62	$1,273
Aug 1999	427	19.26	2.88	$1,228
Jul 1999	435	17.89	2.37	$1,032
Jun 1999	431	15.94	2.36	$1,018
May 1999	506	15.79	2.32	$1,174
Apr 1999	394	15.10	2.21	$870
Mar 1999	414	12.47	1.84	$761
Feb 1999	453	9.98	1.82	$823
Jan 1999	532	10.38	1.90	$1,011
Dec 1998	485	9.20	1.77	$860
Nov 1998	401	10.89	2.19	$876
Oct 1998	494	12.42	1.97	$973
Sep 1998	462	12.59	2.08	$962
Aug 1998	586	11.30	1.91	$1,118
Jul 1998	648	11.74	2.24	$1,450
Jun 1998	674	11.24	2.24	$1,508
May 1998	712	12.62	2.21	$1,571
Apr 1998	698	13.04	2.51	$1,749
Mar 1998	711	12.80	2.31	$1,642
Feb 1998	650	13.95	2.30	$1,494
Jan 1998	831	14.70	2.15	$1,791
Dec 1997	455	16.32	2.41	$1,097
Nov 1997	497	18.19	3.09	$1,535
Oct 1997	653	19.25	3.15	$2,057
Sep 1997	680	17.74	2.95	$2,009
Aug 1997	724	17.86	2.55	$1,850
Jul 1997	764	17.58	2.25	$1,717
Jun 1997	667	17.24	2.26	$1,506
May 1997	526	18.97	2.31	$1,214
Apr 1997	664	17.88	2.08	$1,383
Mar 1997	688	18.95	1.94	$1,334
Feb 1997	328	20.49	2.21	$724
Jan 1997	810	23.48	3.54	$2,867
Dec 1996	814	23.32	—	$0
Nov 1996	783	21.97	—	$0
Oct 1996	888	23.31	—	$0
Sep 1996	912	22.22	—	$0
Aug 1996	852	20.26	—	$0
Jul 1996	758	19.55	—	$0
Jun 1996	943	18.73	—	$0
May 1996	1,012	19.43	—	$0
Apr 1996	969	21.51	—	$0
Mar 1996	1,061	19.38	—	$0
Feb 1996	952	16.98	—	$0
Jan 1996	892	17.07	—	$0
Dec 1995	970	17.19	—	$0
Nov 1995	922	16.00	—	$0
Oct 1995	1,086	15.43	—	$0
Sep 1995	1,057	16.18	—	$0
Aug 1995	1,208	15.92	—	$0
Jul 1995	985	15.24	—	$0
Jun 1995	1,315	16.41	—	$0
May 1995	1,296	17.56	—	$0
Apr 1995	1,332	17.73	—	$0
Mar 1995	1,487	16.44	—	$0
Feb 1995	1,495	16.58	—	$0
Jan 1995	1,257	15.92	—	$0
Dec 1994	1,161	15.03	—	$0
Nov 1994	547	15.90	—	$0
Oct 1994	521	15.58	—	$0
Sep 1994	741	15.29	—	$0
Aug 1994	1,261	16.13	—	$0
Jul 1994	988	17.56	—	$0
Jun 1994	884	17.09	—	$0
May 1994	1,077	15.88	—	$0
Apr 1994	1,590	14.14	—	$0
Mar 1994	1,869	12.46	—	$0
Feb 1994	1,761	12.50	—	$0
Jan 1994	1,505	12.66	—	$0
Dec 1993	1,395	12.33	—	$0
Nov 1993	1,441	14.49	—	$0
Oct 1993	1,388	15.85	—	$0
Sep 1993	1,050	15.03	—	$0
Aug 1993	1,231	15.66	—	$0
Jul 1993	1,537	15.46	—	$0
Jun 1993	1,579	16.79	—	$0
May 1993	1,960	17.68	—	$0
Apr 1993	2,087	18.05	—	$0
Mar 1993	1,888	18.14	—	$0
Feb 1993	1,577	17.90	—	$0
Jan 1993	1,572	16.93	—	$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.

Feb 2008 — as filed, then multipliedworked

Gas                    4 Mcf  × $  8.77 =        $35

────────────────────────────────────────────────────
Month total                                      $35

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/131818 is the state's own key, not one this site invented.