SMITH, W. C.

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

Operated by WATSON OIL & GAS, INC. (P-5 901174) in the DUSTER, NE. (MARBLE FALLS 2750) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 138042District 7BField 26784600Hydrogen sulphide fieldCondensateGasSave Export

Value, all time

$265 k

Jan 1993 – Jan 2020

Value, last 12 filed months

$46

at the published price for each month

Months reported

325

no gaps in the span

Streams

condensate, gas

The DUSTER, NE. (MARBLE FALLS 2750) 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 75 leases and 81 wells, and the rule below applies to all of them.

Discovered

1977-08-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “EFFEC. 7-1-79 PER DOCKET #7B-71,672”

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
Condensate	Disposition	91 bbl	$2,178
Gas	Production	71,720 Mcf	$262,728
Total			$264,906

17,941 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 32.1981, -98.6588. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19814, -98.65881 · 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

2,866 ft

1 wells filed one

Completion to plug

39.1 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 2,866 ft.

Completions filed

Apr 1980

1 of 1 wells

Plug dates filed

May 2019

1 of 1 wells

Last completion to plug: a median of 39.1 years across the 1 well that filed both dates, with the middle half between 39.1 years and 39.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-09330718	1	2,866 ft	Apr 1980	May 2019	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 (325)

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

325 months


Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	15	56.80	3.06	$46
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	20	63.84	2.90	$58
Mar 2018	0	19	61.22	2.79	$53
Feb 2018	0	17	61.78	2.77	$47
Jan 2018	0	13	62.87	4.01	$52
Dec 2017	0	11	57.27	2.92	$32
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	30	49.29	2.98	$90
Sep 2017	0	45	47.52	3.09	$139
Aug 2017	0	31	45.37	3.00	$93
Jul 2017	0	35	43.87	3.09	$108
Jun 2017	0	31	42.49	3.09	$96
May 2017	0	25	45.37	3.26	$82
Apr 2017	0	21	47.93	3.21	$67
Mar 2017	0	31	46.77	2.98	$92
Feb 2017	0	29	50.45	2.95	$86
Jan 2017	0	23	49.41	3.42	$79
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	15	42.49	2.64	$40
Oct 2016	0	22	46.19	3.09	$68
Sep 2016	0	24	41.55	3.10	$74
Aug 2016	0	20	41.44	2.92	$58
Jul 2016	0	22	41.62	2.92	$64
Jun 2016	0	20	45.35	2.69	$54
May 2016	0	1	42.52	1.99	$2
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	96	26.47	2.06	$198
Jan 2016	0	111	27.35	2.36	$262
Dec 2015	0	101	32.36	2.00	$202
Nov 2015	0	81	38.79	2.17	$176
Oct 2015	0	41	43.55	2.43	$99
Sep 2015	0	89	42.99	2.76	$246
Aug 2015	0	108	40.16	2.87	$310
Jul 2015	0	110	48.15	2.95	$324
Jun 2015	0	104	56.15	2.88	$300
May 2015	0	123	55.21	2.96	$364
Apr 2015	0	70	49.82	2.71	$189
Mar 2015	0	105	42.89	2.93	$308
Feb 2015	0	100	44.66	2.98	$298
Jan 2015	0	98	43.43	3.10	$304
Dec 2014	0	119	54.69	3.59	$427
Nov 2014	0	93	70.46	4.25	$395
Oct 2014	0	114	78.30	3.90	$445
Sep 2014	0	106	86.16	4.05	$429
Aug 2014	0	95	89.39	4.04	$383
Jul 2014	0	59	96.56	4.18	$247
Jun 2014	0	107	98.16	4.74	$507
May 2014	0	124	94.73	4.73	$586
Apr 2014	0	118	95.94	4.81	$567
Mar 2014	0	102	95.89	5.06	$516
Feb 2014	0	114	97.40	6.19	$706
Jan 2014	0	121	90.40	4.86	$588
Dec 2013	0	11	91.82	4.35	$48
Nov 2013	0	54	88.85	3.74	$202
Oct 2013	0	190	97.42	3.78	$718
Sep 2013	0	121	104.11	3.72	$450
Aug 2013	0	162	104.25	3.52	$571
Jul 2013	0	148	102.52	3.72	$550
Jun 2013	0	194	94.40	3.93	$763
May 2013	0	190	94.83	4.15	$788
Apr 2013	0	186	93.96	4.28	$797
Mar 2013	0	193	93.62	3.91	$755
Feb 2013	0	117	91.23	3.42	$400
Jan 2013	0	172	91.60	3.42	$588
Dec 2012	0	175	86.77	3.42	$599
Nov 2012	0	177	86.95	3.62	$642
Oct 2012	0	208	89.38	3.40	$707
Sep 2012	0	166	94.67	2.92	$484
Aug 2012	0	173	92.66	2.91	$503
Jul 2012	0	166	85.13	3.02	$501
Jun 2012	0	171	79.82	2.52	$431
May 2012	0	195	91.61	2.49	$485
Apr 2012	0	218	101.65	2.00	$435
Mar 2012	0	208	105.05	2.22	$462
Feb 2012	0	197	101.10	2.57	$506
Jan 2012	0	210	98.09	2.73	$574
Dec 2011	0	207	96.87	3.24	$671
Nov 2011	0	194	95.72	3.31	$642
Oct 2011	0	214	84.98	3.65	$781
Sep 2011	0	202	83.62	3.99	$805
Aug 2011	0	202	83.40	4.15	$838
Jul 2011	0	208	94.14	4.52	$940
Jun 2011	0	202	92.90	4.64	$937
May 2011	0	212	98.13	4.40	$934
Apr 2011	0	212	105.96	4.33	$919
Mar 2011	0	215	96.36	4.06	$872
Feb 2011	0	177	85.64	4.18	$740
Jan 2011	0	199	86.50	4.59	$913
Dec 2010	0	216	85.73	4.35	$939
Nov 2010	0	189	80.84	3.80	$717
Oct 2010	0	211	78.10	3.51	$740
Sep 2010	0	185	72.63	3.98	$736
Aug 2010	0	175	73.68	4.42	$773
Jul 2010	0	171	72.55	4.74	$810
Jun 2010	0	169	70.36	4.91	$830
May 2010	0	179	71.12	4.24	$758
Apr 2010	0	170	81.69	4.12	$701
Mar 2010	0	194	78.39	4.39	$851
Feb 2010	0	181	73.58	5.44	$985
Jan 2010	0	187	74.36	5.96	$1,115
Dec 2009	0	185	71.44	5.48	$1,014
Nov 2009	0	178	74.59	3.75	$668
Oct 2009	0	202	72.54	4.11	$830
Sep 2009	0	173	65.54	3.06	$530
Aug 2009	0	124	67.42	3.22	$399
Jul 2009	0	115	61.13	3.46	$398
Jun 2009	0	162	66.16	3.90	$631
May 2009	0	161	54.74	3.93	$632
Apr 2009	0	174	46.77	3.59	$624
Mar 2009	0	176	42.14	4.06	$714
Feb 2009	0	330	32.81	4.63	$1,529
Jan 2009	0	178	35.86	5.37	$956
Dec 2008	0	184	37.10	5.98	$1,100
Nov 2008	0	183	55.49	6.86	$1,255
Oct 2008	0	194	75.24	6.92	$1,343
Sep 2008	0	157	101.76	7.88	$1,237
Aug 2008	0	198	114.22	8.48	$1,680
Jul 2008	0	189	131.08	11.39	$2,153
Jun 2008	0	197	131.33	13.03	$2,567
May 2008	0	210	123.17	11.57	$2,431
Apr 2008	0	202	110.31	10.45	$2,112
Mar 2008	0	209	101.90	9.66	$2,020
Feb 2008	0	191	92.53	8.77	$1,675
Jan 2008	0	211	90.38	8.21	$1,731
Dec 2007	0	220	88.33	7.30	$1,606
Nov 2007	0	304	91.67	7.29	$2,217
Oct 2007	0	367	82.85	6.92	$2,540
Sep 2007	0	321	75.84	6.24	$2,004
Aug 2007	0	324	69.06	6.39	$2,070
Jul 2007	0	323	70.90	6.39	$2,063
Jun 2007	0	284	62.00	7.55	$2,144
May 2007	0	117	58.74	7.85	$918
Apr 2007	0	271	59.61	7.81	$2,115
Mar 2007	0	310	56.92	7.30	$2,264
Feb 2007	0	251	55.10	8.22	$2,062
Jan 2007	0	260	50.30	6.73	$1,749
Dec 2006	0	289	56.65	6.92	$1,999
Nov 2006	0	310	54.20	7.62	$2,361
Oct 2006	0	336	54.90	6.01	$2,021
Sep 2006	0	293	60.08	5.04	$1,476
Aug 2006	0	337	68.71	7.34	$2,474
Jul 2006	0	310	69.37	6.34	$1,966
Jun 2006	0	295	66.28	6.38	$1,883
May 2006	0	363	66.01	6.42	$2,332
Apr 2006	0	357	64.39	7.36	$2,628
Mar 2006	0	320	56.70	7.08	$2,267
Feb 2006	0	269	57.59	7.75	$2,085
Jan 2006	0	330	60.59	8.93	$2,948
Dec 2005	0	322	54.94	13.42	$4,320
Nov 2005	0	325	54.69	10.59	$3,441
Oct 2005	0	314	58.34	13.80	$4,332
Sep 2005	0	190	61.45	12.08	$2,295
Aug 2005	0	381	61.51	9.80	$3,733
Jul 2005	0	314	55.69	7.84	$2,463
Jun 2005	0	320	52.33	7.38	$2,362
May 2005	0	287	45.22	6.65	$1,909
Apr 2005	0	310	49.20	7.36	$2,282
Mar 2005	0	392	50.37	7.15	$2,805
Feb 2005	0	338	45.22	6.31	$2,133
Jan 2005	0	382	43.16	6.32	$2,415
Dec 2004	0	300	39.86	6.75	$2,025
Nov 2004	0	360	45.28	6.33	$2,279
Oct 2004	0	403	49.70	6.52	$2,626
Sep 2004	0	400	43.24	5.28	$2,114
Aug 2004	0	540	42.37	5.55	$2,997
Jul 2004	0	300	38.28	6.08	$1,825
Jun 2004	0	372	36.10	6.43	$2,393
May 2004	0	370	37.48	6.49	$2,403
Apr 2004	0	308	34.47	5.86	$1,804
Mar 2004	0	362	34.36	5.53	$2,002
Feb 2004	0	300	32.45	5.51	$1,653
Jan 2004	0	249	32.03	6.30	$1,569
Dec 2003	0	127	30.26	6.30	$800
Nov 2003	0	120	28.80	4.60	$551
Oct 2003	0	103	28.17	4.76	$490
Sep 2003	0	216	26.31	4.75	$1,026
Aug 2003	0	278	29.76	5.13	$1,426
Jul 2003	0	224	29.41	5.17	$1,158
Jun 2003	0	120	28.56	5.98	$718
May 2003	0	203	26.59	5.97	$1,212
Apr 2003	0	226	26.67	5.41	$1,222
Mar 2003	0	247	31.14	6.10	$1,506
Feb 2003	0	219	33.48	7.93	$1,736
Jan 2003	0	324	30.31	5.58	$1,809
Dec 2002	0	301	26.91	4.85	$1,461
Nov 2002	0	329	24.66	4.14	$1,361
Oct 2002	0	334	26.46	4.23	$1,413
Sep 2002	0	220	27.44	3.64	$800
Aug 2002	0	322	25.96	3.16	$1,019
Jul 2002	0	236	24.58	3.06	$723
Jun 2002	0	322	23.73	3.34	$1,075
May 2002	0	396	24.66	3.58	$1,419
Apr 2002	0	320	23.65	3.51	$1,124
Mar 2002	0	377	22.00	3.10	$1,170
Feb 2002	0	330	18.22	2.38	$784
Jan 2002	0	322	17.17	2.38	$765
Dec 2001	0	415	16.93	2.36	$981
Nov 2001	0	54	18.07	2.41	$130
Oct 2001	0	265	19.78	2.53	$670
Sep 2001	0	385	24.26	2.25	$867
Aug 2001	0	327	24.87	3.05	$998
Jul 2001	91	365	23.93	3.20	$3,345
Jun 2001	0	376	24.56	3.82	$1,438
May 2001	0	377	25.52	4.31	$1,624
Apr 2001	0	416	24.68	5.34	$2,219
Mar 2001	0	364	24.54	5.38	$1,957
Feb 2001	0	319	27.75	5.77	$1,840
Jan 2001	0	236	27.47	8.40	$1,982
Dec 2000	0	283	26.88	9.12	$2,582
Nov 2000	0	262	32.21	5.66	$1,482
Oct 2000	0	316	31.23	5.15	$1,626
Sep 2000	0	243	31.87	5.19	$1,260
Aug 2000	0	302	29.64	4.54	$1,371
Jul 2000	0	302	28.53	4.09	$1,235
Jun 2000	0	301	29.30	4.40	$1,324
May 2000	0	319	27.26	3.68	$1,174
Apr 2000	0	309	24.51	3.12	$963
Mar 2000	0	304	28.42	2.86	$869
Feb 2000	0	316	27.62	2.73	$862
Jan 2000	0	228	25.27	2.48	$566
Dec 1999	0	303	24.28	2.42	$734
Nov 1999	0	300	23.19	2.43	$730
Oct 1999	0	303	20.98	2.80	$850
Sep 1999	0	271	21.75	2.62	$710
Aug 1999	0	330	19.26	2.88	$949
Jul 1999	0	390	17.89	2.37	$925
Jun 1999	0	353	15.94	2.36	$834
May 1999	0	338	15.79	2.32	$785
Apr 1999	0	338	15.10	2.21	$746
Mar 1999	0	336	12.47	1.84	$618
Feb 1999	0	367	9.98	1.82	$667
Jan 1999	0	396	10.38	1.90	$752
Dec 1998	0	365	9.20	1.77	$647
Nov 1998	0	64	10.89	2.19	$140
Oct 1998	0	10	12.42	1.97	$20
Sep 1998	0	6	12.59	2.08	$13
Aug 1998	0	5	11.30	1.91	$10
Jul 1998	0	7	11.74	2.24	$16
Jun 1998	0	224	11.24	2.24	$501
May 1998	0	291	12.62	2.21	$642
Apr 1998	0	221	13.04	2.51	$554
Mar 1998	0	128	12.80	2.31	$296
Feb 1998	0	147	13.95	2.30	$338
Jan 1998	0	168	14.70	2.15	$362
Dec 1997	0	78	16.32	2.41	$188
Nov 1997	0	215	18.19	3.09	$664
Oct 1997	0	212	19.25	3.15	$668
Sep 1997	0	235	17.74	2.95	$694
Aug 1997	0	265	17.86	2.55	$677
Jul 1997	0	233	17.58	2.25	$524
Jun 1997	0	284	17.24	2.26	$641
May 1997	0	304	18.97	2.31	$702
Apr 1997	0	294	17.88	2.08	$612
Mar 1997	0	256	18.95	1.94	$496
Feb 1997	0	276	20.49	2.21	$609
Jan 1997	0	281	23.48	3.54	$995
Dec 1996	0	302	23.32	—	$0
Nov 1996	0	295	21.97	—	$0
Oct 1996	0	322	23.31	—	$0
Sep 1996	0	270	22.22	—	$0
Aug 1996	0	300	20.26	—	$0
Jul 1996	0	326	19.55	—	$0
Jun 1996	0	325	18.73	—	$0
May 1996	0	332	19.43	—	$0
Apr 1996	0	284	21.51	—	$0
Mar 1996	0	344	19.38	—	$0
Feb 1996	0	276	16.98	—	$0
Jan 1996	0	380	17.07	—	$0
Dec 1995	0	390	17.19	—	$0
Nov 1995	0	366	16.00	—	$0
Oct 1995	0	400	15.43	—	$0
Sep 1995	0	298	16.18	—	$0
Aug 1995	0	391	15.92	—	$0
Jul 1995	0	400	15.24	—	$0
Jun 1995	0	348	16.41	—	$0
May 1995	0	164	17.56	—	$0
Apr 1995	0	380	17.73	—	$0
Mar 1995	0	426	16.44	—	$0
Feb 1995	0	356	16.58	—	$0
Jan 1995	0	401	15.92	—	$0
Dec 1994	0	400	15.03	—	$0
Nov 1994	0	418	15.90	—	$0
Oct 1994	0	450	15.58	—	$0
Sep 1994	0	325	15.29	—	$0
Aug 1994	0	346	16.13	—	$0
Jul 1994	0	401	17.56	—	$0
Jun 1994	0	483	17.09	—	$0
May 1994	0	472	15.88	—	$0
Apr 1994	0	389	14.14	—	$0
Mar 1994	0	296	12.46	—	$0
Feb 1994	0	273	12.50	—	$0
Jan 1994	0	292	12.66	—	$0
Dec 1993	0	362	12.33	—	$0
Nov 1993	0	342	14.49	—	$0
Oct 1993	0	452	15.85	—	$0
Sep 1993	0	435	15.03	—	$0
Aug 1993	0	376	15.66	—	$0
Jul 1993	0	521	15.46	—	$0
Jun 1993	0	488	16.79	—	$0
May 1993	0	302	17.68	—	$0
Apr 1993	0	403	18.05	—	$0
Mar 1993	0	582	18.14	—	$0
Feb 1993	0	490	17.90	—	$0
Jan 1993	0	567	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.

Mar 2019 — as filed, then multipliedworked

Condensate             0 bbl  × $ 56.80 =         $0
Gas                   15 Mcf  × $  3.06 =        $46

────────────────────────────────────────────────────
Month total                                      $46

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/138042 is the state's own key, not one this site invented.