SMITH, E.B. "A"

Operated by FAGADAU ENERGY CORPORATION (P-5 257680) in the RENO (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 92217District 7BField 75961666NGPA filingCondensateGasSaveExport
Value, all time
$91 k
Jan 1993 – Apr 2006
Value, last 12 filed months
$230
at the published price for each month
Months reported
160
no gaps in the span
Streams
2
condensate, 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 83 leases and 83 wells, and the rule below applies to all of them.

Discovered
1959-03-17
as the register files it
Field class
Gas
the register's own label
Between wells
2,000 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1984-09-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 12/01/97.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition184 bbl$5,705
GasProduction22,226 Mcf$85,371
Total$91,076

6,894 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 32.9689, -97.6472. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.96888, -97.64718 · 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
0.0%
0 of 1 wells
Median depth
6,200 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 6,200 ft.

Completions filed
Apr 2004
1 of 1 wells

1 well

42-3673201126,200 ftApr 2004Yes

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 (160)

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

160 months

Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20064057.597.75$230
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 2004100042.375.55$4,237
Jul 200402,25838.286.08$13,738
Jun 200403,07736.106.43$19,794
May 200404,47237.486.49$29,044
Apr 200412,25934.475.86$13,269
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010124.262.25$2
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 200101524.563.82$57
May 200103425.524.31$146
Apr 200104424.685.34$235
Mar 200104024.545.38$215
Feb 200103427.755.77$196
Jan 200103727.478.40$311
Dec 200004526.889.12$411
Nov 200003432.215.66$192
Oct 200004831.235.15$247
Sep 200004531.875.19$233
Aug 200004729.644.54$213
Jul 200004328.534.09$176
Jun 200005229.304.40$229
May 200005027.263.68$184
Apr 200005224.513.12$162
Mar 200005428.422.86$154
Feb 200005827.622.73$158
Jan 200006125.272.48$151
Dec 199906024.282.42$145
Nov 199906923.192.43$168
Oct 199909020.982.80$252
Sep 199906821.752.62$178
Aug 199905419.262.88$155
Jul 199908117.892.37$192
Jun 199903515.942.36$83
May 199905815.792.32$135
Apr 199905415.102.21$119
Mar 199901012.471.84$18
Feb 19990659.981.82$118
Jan 199905410.381.90$103
Dec 19980369.201.77$64
Nov 199805710.892.19$125
Oct 199805612.421.97$110
Sep 199807712.592.08$160
Aug 199809811.301.91$187
Jul 1998010011.742.24$224
Jun 199808111.242.24$181
May 199804812.622.21$106
Apr 199806513.042.51$163
Mar 199805812.802.31$134
Feb 199805813.952.30$133
Jan 199805414.702.15$116
Dec 199705816.322.41$140
Nov 199707718.193.09$238
Oct 199706119.253.15$192
Sep 199707917.742.95$233
Aug 199708317.862.55$212
Jul 1997010117.582.25$227
Jun 1997010317.242.26$232
May 199709818.972.31$226
Apr 199706217.882.08$129
Mar 199708118.951.94$157
Feb 199708920.492.21$196
Jan 199709423.483.54$333
Dec 199609323.32$0
Nov 199609921.97$0
Oct 1996013723.31$0
Sep 1996010322.22$0
Aug 1996010720.26$0
Jul 199609519.55$0
Jun 1996010618.73$0
May 1996010119.43$0
Apr 199607121.51$0
Mar 199606319.38$0
Feb 199604816.98$0
Jan 199607517.07$0
Dec 199509717.19$0
Nov 199507916.00$0
Oct 1995672915.43$1,034
Sep 199507416.18$0
Aug 199508815.92$0
Jul 1995010515.24$0
Jun 199507616.41$0
May 1995010117.56$0
Apr 199506017.73$0
Mar 199508516.44$0
Feb 199509316.58$0
Jan 1995011115.92$0
Dec 1994012715.03$0
Nov 1994012615.90$0
Oct 199409715.58$0
Sep 199407715.29$0
Aug 199409016.13$0
Jul 199408917.56$0
Jun 199405917.09$0
May 199407115.88$0
Apr 19941212414.14$170
Mar 1994015012.46$0
Feb 1994011912.50$0
Jan 1994015812.66$0
Dec 1993017112.33$0
Nov 1993057014.49$0
Oct 1993010915.85$0
Sep 1993014515.03$0
Aug 1993019215.66$0
Jul 1993032615.46$0
Jun 1993034016.79$0
May 1993031417.68$0
Apr 1993033618.05$0
Mar 1993034718.14$0
Feb 1993028517.90$0
Jan 1993037616.93$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 2006 — as filed, then multipliedworked
Condensate             4 bbl  × $ 57.59 =       $230
Gas                    0 Mcf  × $  7.75 =         $0

────────────────────────────────────────────────────
Month total                                     $230

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/92217 is the state's own key, not one this site invented.