SMETHERS

Operated by MKS NATURAL GAS COMPANY (P-5 518491) in the LAZY BEND GAS (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 73823District 7BField 52525500GasSaveExport
Value, all time
$28 k
Jan 1993 – Aug 2010
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
212
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 30 leases and 30 wells, and the rule below applies to all of them.

Discovered
1951-04-27
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: MEMO WRITTEN 10/19/92.

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
GasProduction4,955 Mcf$27,970
Total$27,970

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 32.6391, -97.9519. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.63910, -97.95188 · 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
2,500 ft
1 wells filed one
Completion to plug
29.1 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 2,500 ft.

Completions filed
Jul 1981
1 of 1 wells
Plug dates filed
Aug 2010
1 of 1 wells

Last completion to plug: a median of 29.1 years across the 1 well that filed both dates, with the middle half between 29.1 years and 29.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3673045612,500 ftJul 1981Aug 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 (212)

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

212 months

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 20102473.585.44$131
Jan 20109774.365.96$579
Dec 20096071.445.48$329
Nov 20098074.593.75$300
Oct 20096272.544.11$255
Sep 200911465.543.06$349
Aug 20096667.423.22$212
Jul 20096761.133.46$232
Jun 20096866.163.90$265
May 20097154.743.93$279
Apr 20096946.773.59$248
Mar 20097342.144.06$296
Feb 20096332.814.63$292
Jan 20097835.865.37$419
Dec 20083037.105.98$179
Nov 20082955.496.86$199
Oct 20082875.246.92$194
Sep 200828101.767.88$221
Aug 200828114.228.48$238
Jul 200826131.0811.39$296
Jun 200825131.3313.03$326
May 200826123.1711.57$301
Apr 200826110.3110.45$272
Mar 200833101.909.66$319
Feb 20082592.538.77$219
Jan 20082890.388.21$230
Dec 20074788.337.30$343
Nov 20074891.677.29$350
Oct 20075282.856.92$360
Sep 20072775.846.24$169
Aug 20072669.066.39$166
Jul 20072370.906.39$147
Jun 20072762.007.55$204
May 20072858.747.85$220
Apr 20071159.617.81$86
Mar 20071356.927.30$95
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 20062856.656.92$194
Nov 20062754.207.62$206
Oct 20062854.906.01$168
Sep 20062760.085.04$136
Aug 20062868.717.34$206
Jul 20062869.376.34$178
Jun 20062766.286.38$172
May 20062866.016.42$180
Apr 20062764.397.36$199
Mar 20065656.707.08$397
Feb 20062557.597.75$194
Jan 2006060.598.93$0
Dec 20052854.9413.42$376
Nov 20056054.6910.59$635
Oct 2005858.3413.80$110
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005555.697.84$39
Jun 2005052.337.38$0
May 20058045.226.65$532
Apr 20055949.207.36$434
Mar 20056150.377.15$436
Feb 200514145.226.31$890
Jan 20058043.166.32$506
Dec 20047339.866.75$493
Nov 20048945.286.33$563
Oct 20048349.706.52$541
Sep 20048843.245.28$465
Aug 20048242.375.55$455
Jul 20048438.286.08$511
Jun 20047436.106.43$476
May 20047537.486.49$487
Apr 20048034.475.86$469
Mar 20047934.365.53$437
Feb 20047432.455.51$408
Jan 20048632.036.30$542
Dec 20038630.266.30$542
Nov 20035628.804.60$257
Oct 20035828.174.76$276
Sep 20038926.314.75$423
Aug 20037229.765.13$369
Jul 20035829.415.17$300
Jun 20034128.565.98$245
May 20038726.595.97$520
Apr 20034626.675.41$249
Mar 20035231.146.10$317
Feb 20034233.487.93$333
Jan 20031330.315.58$73
Dec 20024226.914.85$204
Nov 20022024.664.14$83
Oct 20023126.464.23$131
Sep 20026427.443.64$233
Aug 20023225.963.16$101
Jul 2002024.583.06$0
Jun 20022323.733.34$77
May 200213524.663.58$484
Apr 200214423.653.51$506
Mar 200212622.003.10$391
Feb 200210018.222.38$238
Jan 20021517.172.38$36
Dec 2001016.932.36$0
Nov 20011318.072.41$31
Oct 20011119.782.53$28
Sep 20011124.262.25$25
Aug 20011124.873.05$34
Jul 20011823.933.20$58
Jun 20011224.563.82$46
May 2001325.524.31$13
Apr 2001024.685.34$0
Mar 2001024.545.38$0
Feb 2001027.755.77$0
Jan 2001027.478.40$0
Dec 2000026.889.12$0
Nov 2000032.215.66$0
Oct 2000031.235.15$0
Sep 2000031.875.19$0
Aug 2000029.644.54$0
Jul 2000028.534.09$0
Jun 2000029.304.40$0
May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 1999023.192.43$0
Oct 1999020.982.80$0
Sep 1999021.752.62$0
Aug 1999019.262.88$0
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 1999015.792.32$0
Apr 1999015.102.21$0
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 1998012.592.08$0
Aug 1998011.301.91$0
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 1998013.042.51$0
Mar 1998012.802.31$0
Feb 1998013.952.30$0
Jan 1998014.702.15$0
Dec 1997016.322.41$0
Nov 1997018.193.09$0
Oct 1997019.253.15$0
Sep 1997017.742.95$0
Aug 1997017.862.55$0
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 1997018.972.31$0
Apr 1997017.882.08$0
Mar 1997018.951.94$0
Feb 1997020.492.21$0
Jan 1997023.483.54$0
Dec 1996023.32$0
Nov 1996021.97$0
Oct 1996023.31$0
Sep 1996022.22$0
Aug 1996020.26$0
Jul 1996019.55$0
Jun 1996018.73$0
May 1996019.43$0
Apr 1996021.51$0
Mar 1996019.38$0
Feb 1996016.98$0
Jan 1996017.07$0
Dec 1995017.19$0
Nov 1995016.00$0
Oct 1995015.43$0
Sep 1995016.18$0
Aug 1995015.92$0
Jul 1995015.24$0
Jun 1995016.41$0
May 1995017.56$0
Apr 1995017.73$0
Mar 1995016.44$0
Feb 1995016.58$0
Jan 1995015.92$0
Dec 1994015.03$0
Nov 1994015.90$0
Oct 1994015.58$0
Sep 1994015.29$0
Aug 1994016.13$0
Jul 1994017.56$0
Jun 1994017.09$0
May 1994015.88$0
Apr 1994014.14$0
Mar 1994012.46$0
Feb 1994012.50$0
Jan 1994012.66$0
Dec 1993012.33$0
Nov 1993014.49$0
Oct 1993015.85$0
Sep 1993015.03$0
Aug 1993015.66$0
Jul 1993015.46$0
Jun 1993016.79$0
May 1993017.68$0
Apr 1993018.05$0
Mar 1993018.14$0
Feb 1993017.90$0
Jan 1993016.93$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 2010 — as filed, then multipliedworked
Gas                   24 Mcf  × $  5.44 =       $131

────────────────────────────────────────────────────
Month total                                     $131

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/73823 is the state's own key, not one this site invented.