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 DALLAS PRODUCTION, INC. (P-5 197690) in the LAKE MINERAL WELLS (4000 CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 75641District 7BField 51501500NGPA filingCondensateGasSave Export

Value, all time

$761 k

Jan 1993 – Aug 2017

Value, last 12 filed months

at the published price for each month

Months reported

296

no gaps in the span

Streams

condensate, gas

The LAKE MINERAL WELLS (4000 CONGL.) 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 49 leases and 49 wells, and the rule below applies to all of them.

Discovered

1977-05-18

as the register files it

Field class

Gas

the register's own label

Between wells

1,867 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 1987-08-01.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 08/01/87.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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	62 bbl	$1,490
Gas	Production	215,535 Mcf	$759,861
Total			$761,351

49,520 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 32.8075, -97.9914. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.80751, -97.99137 · 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

4,868 ft

1 wells filed one

Completion to plug

38.0 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 4,868 ft.

Completions filed

Aug 1979

1 of 1 wells

Plug dates filed

Aug 2017

1 of 1 wells

Last completion to plug: a median of 38.0 years across the 1 well that filed both dates, with the middle half between 38.0 years and 38.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36730904	1	4,868 ft	Aug 1979	Aug 2017	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 (296)

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

296 months


Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	56	43.55	2.43	$136
Sep 2015	0	622	42.99	2.76	$1,716
Aug 2015	0	544	40.16	2.87	$1,563
Jul 2015	0	633	48.15	2.95	$1,864
Jun 2015	0	308	56.15	2.88	$888
May 2015	0	416	55.21	2.96	$1,229
Apr 2015	0	362	49.82	2.71	$980
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	391	44.66	2.98	$1,164
Jan 2015	0	399	43.43	3.10	$1,237
Dec 2014	0	521	54.69	3.59	$1,871
Nov 2014	0	326	70.46	4.25	$1,386
Oct 2014	0	359	78.30	3.90	$1,400
Sep 2014	0	489	86.16	4.05	$1,978
Aug 2014	0	457	89.39	4.04	$1,844
Jul 2014	0	392	96.56	4.18	$1,638
Jun 2014	0	322	98.16	4.74	$1,525
May 2014	0	391	94.73	4.73	$1,848
Apr 2014	0	324	95.94	4.81	$1,558
Mar 2014	0	282	95.89	5.06	$1,426
Feb 2014	0	313	97.40	6.19	$1,938
Jan 2014	0	434	90.40	4.86	$2,110
Dec 2013	0	237	91.82	4.35	$1,032
Nov 2013	0	321	88.85	3.74	$1,200
Oct 2013	0	442	97.42	3.78	$1,670
Sep 2013	0	430	104.11	3.72	$1,599
Aug 2013	0	431	104.25	3.52	$1,518
Jul 2013	0	490	102.52	3.72	$1,822
Jun 2013	0	255	94.40	3.93	$1,003
May 2013	0	251	94.83	4.15	$1,041
Apr 2013	0	216	93.96	4.28	$925
Mar 2013	0	502	93.62	3.91	$1,964
Feb 2013	0	464	91.23	3.42	$1,587
Jan 2013	0	419	91.60	3.42	$1,433
Dec 2012	0	521	86.77	3.42	$1,782
Nov 2012	0	510	86.95	3.62	$1,849
Oct 2012	0	469	89.38	3.40	$1,594
Sep 2012	0	430	94.67	2.92	$1,255
Aug 2012	0	541	92.66	2.91	$1,573
Jul 2012	0	693	85.13	3.02	$2,093
Jun 2012	0	756	79.82	2.52	$1,904
May 2012	0	684	91.61	2.49	$1,702
Apr 2012	0	657	101.65	2.00	$1,312
Mar 2012	0	795	105.05	2.22	$1,767
Feb 2012	0	710	101.10	2.57	$1,825
Jan 2012	0	714	98.09	2.73	$1,952
Dec 2011	0	535	96.87	3.24	$1,733
Nov 2011	0	509	95.72	3.31	$1,685
Oct 2011	0	615	84.98	3.65	$2,244
Sep 2011	0	437	83.62	3.99	$1,742
Aug 2011	0	806	83.40	4.15	$3,344
Jul 2011	0	204	94.14	4.52	$922
Jun 2011	0	356	92.90	4.64	$1,652
May 2011	0	488	98.13	4.40	$2,150
Apr 2011	0	625	105.96	4.33	$2,708
Mar 2011	0	885	96.36	4.06	$3,591
Feb 2011	0	785	85.64	4.18	$3,281
Jan 2011	0	815	86.50	4.59	$3,740
Dec 2010	0	591	85.73	4.35	$2,570
Nov 2010	0	267	80.84	3.80	$1,013
Oct 2010	0	522	78.10	3.51	$1,832
Sep 2010	0	502	72.63	3.98	$1,998
Aug 2010	0	451	73.68	4.42	$1,993
Jul 2010	0	571	72.55	4.74	$2,705
Jun 2010	0	514	70.36	4.91	$2,524
May 2010	0	444	71.12	4.24	$1,880
Apr 2010	0	376	81.69	4.12	$1,550
Mar 2010	0	726	78.39	4.39	$3,186
Feb 2010	0	710	73.58	5.44	$3,864
Jan 2010	0	695	74.36	5.96	$4,145
Dec 2009	0	799	71.44	5.48	$4,382
Nov 2009	0	665	74.59	3.75	$2,495
Oct 2009	0	358	72.54	4.11	$1,471
Sep 2009	0	191	65.54	3.06	$585
Aug 2009	0	951	67.42	3.22	$3,061
Jul 2009	0	380	61.13	3.46	$1,317
Jun 2009	0	601	66.16	3.90	$2,341
May 2009	0	713	54.74	3.93	$2,799
Apr 2009	0	710	46.77	3.59	$2,547
Mar 2009	0	667	42.14	4.06	$2,707
Feb 2009	0	572	32.81	4.63	$2,650
Jan 2009	0	537	35.86	5.37	$2,884
Dec 2008	0	574	37.10	5.98	$3,431
Nov 2008	0	743	55.49	6.86	$5,097
Oct 2008	0	666	75.24	6.92	$4,610
Sep 2008	0	477	101.76	7.88	$3,757
Aug 2008	0	1,283	114.22	8.48	$10,884
Jul 2008	0	324	131.08	11.39	$3,690
Jun 2008	0	256	131.33	13.03	$3,336
May 2008	0	703	123.17	11.57	$8,137
Apr 2008	0	809	110.31	10.45	$8,458
Mar 2008	0	759	101.90	9.66	$7,335
Feb 2008	0	652	92.53	8.77	$5,718
Jan 2008	0	898	90.38	8.21	$7,369
Dec 2007	0	771	88.33	7.30	$5,630
Nov 2007	0	807	91.67	7.29	$5,884
Oct 2007	0	609	82.85	6.92	$4,215
Sep 2007	0	945	75.84	6.24	$5,901
Aug 2007	0	649	69.06	6.39	$4,146
Jul 2007	0	680	70.90	6.39	$4,344
Jun 2007	0	945	62.00	7.55	$7,133
May 2007	0	896	58.74	7.85	$7,030
Apr 2007	0	805	59.61	7.81	$6,283
Mar 2007	0	851	56.92	7.30	$6,214
Feb 2007	0	963	55.10	8.22	$7,912
Jan 2007	0	963	50.30	6.73	$6,478
Dec 2006	0	957	56.65	6.92	$6,621
Nov 2006	0	807	54.20	7.62	$6,147
Oct 2006	0	1,070	54.90	6.01	$6,435
Sep 2006	0	792	60.08	5.04	$3,989
Aug 2006	0	830	68.71	7.34	$6,092
Jul 2006	0	517	69.37	6.34	$3,279
Jun 2006	0	616	66.28	6.38	$3,932
May 2006	0	721	66.01	6.42	$4,632
Apr 2006	0	738	64.39	7.36	$5,432
Mar 2006	0	861	56.70	7.08	$6,098
Feb 2006	0	511	57.59	7.75	$3,961
Jan 2006	0	832	60.59	8.93	$7,433
Dec 2005	0	681	54.94	13.42	$9,136
Nov 2005	0	429	54.69	10.59	$4,542
Oct 2005	0	354	58.34	13.80	$4,884
Sep 2005	3	343	61.45	12.08	$4,327
Aug 2005	2	404	61.51	9.80	$4,081
Jul 2005	0	680	55.69	7.84	$5,334
Jun 2005	2	605	52.33	7.38	$4,570
May 2005	0	497	45.22	6.65	$3,306
Apr 2005	1	192	49.20	7.36	$1,462
Mar 2005	1	433	50.37	7.15	$3,148
Feb 2005	0	382	45.22	6.31	$2,411
Jan 2005	0	415	43.16	6.32	$2,624
Dec 2004	3	543	39.86	6.75	$3,785
Nov 2004	0	608	45.28	6.33	$3,849
Oct 2004	0	715	49.70	6.52	$4,658
Sep 2004	0	879	43.24	5.28	$4,645
Aug 2004	0	931	42.37	5.55	$5,168
Jul 2004	0	891	38.28	6.08	$5,421
Jun 2004	0	830	36.10	6.43	$5,339
May 2004	0	879	37.48	6.49	$5,709
Apr 2004	0	820	34.47	5.86	$4,804
Mar 2004	0	842	34.36	5.53	$4,656
Feb 2004	0	644	32.45	5.51	$3,548
Jan 2004	0	751	32.03	6.30	$4,731
Dec 2003	0	543	30.26	6.30	$3,422
Nov 2003	0	708	28.80	4.60	$3,253
Oct 2003	0	1,132	28.17	4.76	$5,388
Sep 2003	0	1,066	26.31	4.75	$5,063
Aug 2003	0	999	29.76	5.13	$5,125
Jul 2003	0	963	29.41	5.17	$4,980
Jun 2003	0	927	28.56	5.98	$5,546
May 2003	0	1,038	26.59	5.97	$6,200
Apr 2003	0	1,043	26.67	5.41	$5,640
Mar 2003	0	1,028	31.14	6.10	$6,267
Feb 2003	0	922	33.48	7.93	$7,308
Jan 2003	0	1,039	30.31	5.58	$5,800
Dec 2002	0	1,089	26.91	4.85	$5,286
Nov 2002	0	1,045	24.66	4.14	$4,323
Oct 2002	0	1,169	26.46	4.23	$4,944
Sep 2002	0	1,192	27.44	3.64	$4,333
Aug 2002	1	1,554	25.96	3.16	$4,943
Jul 2002	0	1,142	24.58	3.06	$3,497
Jun 2002	0	997	23.73	3.34	$3,328
May 2002	0	1,053	24.66	3.58	$3,774
Apr 2002	2	1,092	23.65	3.51	$3,883
Mar 2002	0	1,052	22.00	3.10	$3,264
Feb 2002	0	1,032	18.22	2.38	$2,452
Jan 2002	0	1,097	17.17	2.38	$2,606
Dec 2001	0	1,068	16.93	2.36	$2,525
Nov 2001	1	847	18.07	2.41	$2,056
Oct 2001	1	1,029	19.78	2.53	$2,622
Sep 2001	0	931	24.26	2.25	$2,096
Aug 2001	0	977	24.87	3.05	$2,983
Jul 2001	0	1,066	23.93	3.20	$3,408
Jun 2001	0	999	24.56	3.82	$3,820
May 2001	0	953	25.52	4.31	$4,105
Apr 2001	0	878	24.68	5.34	$4,684
Mar 2001	0	982	24.54	5.38	$5,280
Feb 2001	0	636	27.75	5.77	$3,668
Jan 2001	0	1,097	27.47	8.40	$9,213
Dec 2000	0	1,079	26.88	9.12	$9,843
Nov 2000	0	978	32.21	5.66	$5,534
Oct 2000	0	985	31.23	5.15	$5,068
Sep 2000	0	917	31.87	5.19	$4,756
Aug 2000	0	1,091	29.64	4.54	$4,954
Jul 2000	1	1,066	28.53	4.09	$4,388
Jun 2000	1	735	29.30	4.40	$3,261
May 2000	1	1,145	27.26	3.68	$4,241
Apr 2000	1	1,014	24.51	3.12	$3,184
Mar 2000	1	777	28.42	2.86	$2,250
Feb 2000	1	679	27.62	2.73	$1,879
Jan 2000	1	931	25.27	2.48	$2,335
Dec 1999	1	1,009	24.28	2.42	$2,470
Nov 1999	0	993	23.19	2.43	$2,417
Oct 1999	0	927	20.98	2.80	$2,599
Sep 1999	1	1,012	21.75	2.62	$2,672
Aug 1999	0	919	19.26	2.88	$2,643
Jul 1999	0	847	17.89	2.37	$2,009
Jun 1999	1	1,075	15.94	2.36	$2,555
May 1999	0	924	15.79	2.32	$2,145
Apr 1999	2	1,059	15.10	2.21	$2,369
Mar 1999	1	1,079	12.47	1.84	$1,996
Feb 1999	1	994	9.98	1.82	$1,817
Jan 1999	3	1,138	10.38	1.90	$2,193
Dec 1998	0	961	9.20	1.77	$1,704
Nov 1998	2	1,094	10.89	2.19	$2,413
Oct 1998	0	1,183	12.42	1.97	$2,330
Sep 1998	0	1,185	12.59	2.08	$2,468
Aug 1998	0	1,205	11.30	1.91	$2,298
Jul 1998	0	1,227	11.74	2.24	$2,745
Jun 1998	0	922	11.24	2.24	$2,063
May 1998	0	567	12.62	2.21	$1,251
Apr 1998	3	1,119	13.04	2.51	$2,843
Mar 1998	0	893	12.80	2.31	$2,062
Feb 1998	0	1,079	13.95	2.30	$2,481
Jan 1998	1	1,148	14.70	2.15	$2,488
Dec 1997	0	681	16.32	2.41	$1,642
Nov 1997	0	1,091	18.19	3.09	$3,369
Oct 1997	0	1,156	19.25	3.15	$3,641
Sep 1997	0	1,007	17.74	2.95	$2,976
Aug 1997	0	803	17.86	2.55	$2,051
Jul 1997	0	726	17.58	2.25	$1,631
Jun 1997	0	922	17.24	2.26	$2,081
May 1997	0	596	18.97	2.31	$1,376
Apr 1997	0	615	17.88	2.08	$1,281
Mar 1997	0	1,150	18.95	1.94	$2,230
Feb 1997	0	1,120	20.49	2.21	$2,471
Jan 1997	0	927	23.48	3.54	$3,281
Dec 1996	0	746	23.32	—	$0
Nov 1996	0	1,027	21.97	—	$0
Oct 1996	0	884	23.31	—	$0
Sep 1996	0	777	22.22	—	$0
Aug 1996	0	1,008	20.26	—	$0
Jul 1996	0	997	19.55	—	$0
Jun 1996	0	861	18.73	—	$0
May 1996	0	937	19.43	—	$0
Apr 1996	0	872	21.51	—	$0
Mar 1996	0	982	19.38	—	$0
Feb 1996	0	815	16.98	—	$0
Jan 1996	0	845	17.07	—	$0
Dec 1995	0	1,148	17.19	—	$0
Nov 1995	0	1,072	16.00	—	$0
Oct 1995	0	841	15.43	—	$0
Sep 1995	0	1,088	16.18	—	$0
Aug 1995	0	978	15.92	—	$0
Jul 1995	0	792	15.24	—	$0
Jun 1995	0	1,036	16.41	—	$0
May 1995	0	870	17.56	—	$0
Apr 1995	0	651	17.73	—	$0
Mar 1995	0	670	16.44	—	$0
Feb 1995	0	706	16.58	—	$0
Jan 1995	0	606	15.92	—	$0
Dec 1994	0	818	15.03	—	$0
Nov 1994	0	616	15.90	—	$0
Oct 1994	0	387	15.58	—	$0
Sep 1994	0	328	15.29	—	$0
Aug 1994	1	972	16.13	—	$16
Jul 1994	1	1,403	17.56	—	$18
Jun 1994	1	1,111	17.09	—	$17
May 1994	2	1,352	15.88	—	$32
Apr 1994	1	1,553	14.14	—	$14
Mar 1994	2	1,546	12.46	—	$25
Feb 1994	1	1,466	12.50	—	$13
Jan 1994	2	1,554	12.66	—	$25
Dec 1993	2	1,471	12.33	—	$25
Nov 1993	1	1,058	14.49	—	$14
Oct 1993	0	616	15.85	—	$0
Sep 1993	0	1,027	15.03	—	$0
Aug 1993	2	1,698	15.66	—	$31
Jul 1993	0	1,320	15.46	—	$0
Jun 1993	2	1,580	16.79	—	$34
May 1993	1	1,253	17.68	—	$18
Apr 1993	1	1,141	18.05	—	$18
Mar 1993	2	1,466	18.14	—	$36
Feb 1993	0	1,199	17.90	—	$0
Jan 1993	0	1,376	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.

Oct 2015 — as filed, then multipliedworked

Condensate             0 bbl  × $ 43.55 =         $0
Gas                   56 Mcf  × $  2.43 =       $136

────────────────────────────────────────────────────
Month total                                     $136

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/75641 is the state's own key, not one this site invented.