SMITH B

Operated by WESTRIDGE OIL & GAS PROPERTIES (P-5 912942) in the POOLVILLE, SW (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 78157District 7BField 72306800GasSaveExport
Value, all time
$510 k
Jan 1993 – Jul 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
187
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1977-03-07
as the register files it
Field class
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 320 acres.

The Commission's schedule remark for this field reads: ONE WELL FIELD EFF 08/01/08

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
GasProduction237,277 Mcf$509,780
Total$509,780

116,054 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 32.8903, -97.9670. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.89035, -97.96698 · 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
5,154 ft
1 wells filed one
Completion to plug
30.3 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 5,154 ft.

Completions filed
Apr 1978
1 of 1 wells
Plug dates filed
Jul 2008
1 of 1 wells

Last completion to plug: a median of 30.3 years across the 1 well that filed both dates, with the middle half between 30.3 years and 30.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3673108725,154 ftApr 1978Jul 2008Yes

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 (187)

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

187 months

Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 20069354.906.01$559
Sep 20063860.085.04$191
Aug 20063868.717.34$279
Jul 20061,11869.376.34$7,091
Jun 200691966.286.38$5,867
May 200676066.016.42$4,883
Apr 200684464.397.36$6,212
Mar 20061,20156.707.08$8,507
Feb 200642257.597.75$3,271
Jan 200688760.598.93$7,924
Dec 200568754.9413.42$9,216
Nov 200570154.6910.59$7,422
Oct 200578058.3413.80$10,761
Sep 200570561.4512.08$8,516
Aug 20051,08461.519.80$10,620
Jul 200578655.697.84$6,165
Jun 200573152.337.38$5,396
May 200577245.226.65$5,135
Apr 200577949.207.36$5,734
Mar 200592050.377.15$6,582
Feb 200574945.226.31$4,728
Jan 200598443.166.32$6,221
Dec 200438639.866.75$2,606
Nov 200455745.286.33$3,526
Oct 200483249.706.52$5,421
Sep 200487943.245.28$4,645
Aug 200490642.375.55$5,029
Jul 200497338.286.08$5,920
Jun 20041,03736.106.43$6,671
May 200486737.486.49$5,631
Apr 200456734.475.86$3,322
Mar 200473434.365.53$4,059
Feb 200476732.455.51$4,226
Jan 200455132.036.30$3,471
Dec 200354130.266.30$3,409
Nov 200313028.804.60$597
Oct 200342828.174.76$2,037
Sep 200393726.314.75$4,450
Aug 20031,07429.765.13$5,509
Jul 200393829.415.17$4,850
Jun 20031,01428.565.98$6,067
May 20031,00126.595.97$5,979
Apr 200393326.675.41$5,045
Mar 20031,06431.146.10$6,486
Feb 200396533.487.93$7,648
Jan 20031,09730.315.58$6,124
Dec 20021,12126.914.85$5,441
Nov 20021,05024.664.14$4,344
Oct 200299026.464.23$4,187
Sep 20021,00427.443.64$3,650
Aug 20021,09225.963.16$3,455
Jul 200299424.583.06$3,043
Jun 200296723.733.34$3,228
May 20021,12524.663.58$4,032
Apr 20021,38623.653.51$4,868
Mar 20021,16822.003.10$3,624
Feb 20021,07018.222.38$2,542
Jan 200289917.172.38$2,136
Dec 200198516.932.36$2,329
Nov 200172318.072.41$1,739
Oct 20011,22819.782.53$3,105
Sep 20011,15324.262.25$2,596
Aug 20011,14824.873.05$3,505
Jul 20011,14823.933.20$3,670
Jun 20011,16924.563.82$4,470
May 20011,21425.524.31$5,229
Apr 20011,12224.685.34$5,986
Mar 20011,25824.545.38$6,764
Feb 200189327.755.77$5,150
Jan 20011,09627.478.40$9,205
Dec 200096826.889.12$8,831
Nov 200090832.215.66$5,137
Oct 200097731.235.15$5,027
Sep 20001,00331.875.19$5,202
Aug 20001,10729.644.54$5,027
Jul 20001,10828.534.09$4,531
Jun 20001,01729.304.40$4,472
May 20001,03027.263.68$3,790
Apr 20001,02924.513.12$3,206
Mar 20001,15028.422.86$3,289
Feb 20001,08927.622.73$2,969
Jan 20001,19525.272.48$2,964
Dec 19991,14124.282.42$2,765
Nov 19991,21423.192.43$2,955
Oct 19991,11620.982.80$3,129
Sep 19991,10721.752.62$2,899
Aug 19991,29419.262.88$3,721
Jul 19991,29117.892.37$3,063
Jun 19991,19515.942.36$2,823
May 19991,21515.792.32$2,820
Apr 19991,20015.102.21$2,650
Mar 19991,24512.471.84$2,289
Feb 19991,0499.981.82$1,907
Jan 19991,17210.381.90$2,227
Dec 19981,0129.201.77$1,795
Nov 19981,13110.892.19$2,472
Oct 19981,15212.421.97$2,269
Sep 199898712.592.08$2,056
Aug 19981,28911.301.91$2,459
Jul 19981,25411.742.24$2,806
Jun 19981,25111.242.24$2,799
May 19981,40612.622.21$3,102
Apr 19981,41413.042.51$3,543
Mar 19981,25112.802.31$2,889
Feb 19981,19913.952.30$2,757
Jan 19981,48614.702.15$3,202
Dec 19971,43816.322.41$3,467
Nov 19971,42818.193.09$4,410
Oct 19971,77019.253.15$5,575
Sep 19971,53717.742.95$4,542
Aug 19971,50617.862.55$3,847
Jul 199784417.582.25$1,896
Jun 19971,55417.242.26$3,508
May 19971,17918.972.31$2,722
Apr 19971,00517.882.08$2,093
Mar 19972,12918.951.94$4,128
Feb 19972,03920.492.21$4,498
Jan 19971,96323.483.54$6,948
Dec 19962,67723.32$0
Nov 19961,50821.97$0
Oct 19962,24923.31$0
Sep 19962,47022.22$0
Aug 19961,85020.26$0
Jul 19962,03319.55$0
Jun 19962,96618.73$0
May 19962,55619.43$0
Apr 19962,19221.51$0
Mar 19961,93719.38$0
Feb 19961,63316.98$0
Jan 19961,79917.07$0
Dec 19952,10617.19$0
Nov 19952,30316.00$0
Oct 19952,76415.43$0
Sep 19952,43616.18$0
Aug 19952,55815.92$0
Jul 19952,75715.24$0
Jun 19952,40916.41$0
May 19952,57717.56$0
Apr 19952,67517.73$0
Mar 19952,11316.44$0
Feb 19952,43716.58$0
Jan 19952,65715.92$0
Dec 19942,87615.03$0
Nov 19942,55415.90$0
Oct 19942,66315.58$0
Sep 19942,73615.29$0
Aug 19942,96516.13$0
Jul 19942,92517.56$0
Jun 19942,96917.09$0
May 19943,03315.88$0
Apr 19942,11614.14$0
Mar 19942,86912.46$0
Feb 19942,75012.50$0
Jan 19942,69812.66$0
Dec 19932,75312.33$0
Nov 19932,41414.49$0
Oct 19932,72015.85$0
Sep 19932,53515.03$0
Aug 19931,96215.66$0
Jul 19931,95115.46$0
Jun 19932,24416.79$0
May 19932,53517.68$0
Apr 19931,64318.05$0
Mar 19932,05018.14$0
Feb 19932,20017.90$0
Jan 19932,23116.93$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 2006 — as filed, then multipliedworked
Gas                   93 Mcf  × $  6.01 =       $559

────────────────────────────────────────────────────
Month total                                     $559

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/78157 is the state's own key, not one this site invented.