SMITH,W.M.

Operated by REPUBLIC ENERGY INC. (P-5 702645) in the WHISKEY FLAT (LOWER ATOKA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 94550District 7BField 96816500NGPA filingCondensateGasSaveExport
Value, all time
$32 k
Jan 1993 – Apr 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
208
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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1979-04-17
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: EXEMPT FIELD EFFECTIVE 08/01/08

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
CondensateDisposition17 bbl$586
GasProduction18,623 Mcf$31,654
Total$32,240

8,321 Mcf of this lease's gas, across 47 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 32.5885, -97.5712. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.58847, -97.57117 · 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
7,200 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 7,200 ft.

Completions filed
Mar 1981
1 of 1 wells
Plug dates filed
Apr 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

42-3673199027,200 ftMar 1981Apr 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 (208)

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

208 months

Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
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 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 200417034.475.86$586
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 20010416.932.36$9
Nov 200102518.072.41$60
Oct 2001010319.782.53$260
Sep 2001018024.262.25$405
Aug 2001017224.873.05$525
Jul 2001012123.933.20$387
Jun 200108124.563.82$310
May 2001015825.524.31$681
Apr 2001016724.685.34$891
Mar 2001016524.545.38$887
Feb 2001016527.755.77$952
Jan 2001015127.478.40$1,268
Dec 2000016226.889.12$1,478
Nov 2000016732.215.66$945
Oct 2000017831.235.15$916
Sep 2000015231.875.19$788
Aug 2000019629.644.54$890
Jul 2000020828.534.09$851
Jun 2000016729.304.40$734
May 2000019327.263.68$710
Apr 2000020524.513.12$639
Mar 2000021828.422.86$623
Feb 2000017427.622.73$474
Jan 2000019725.272.48$489
Dec 1999020424.282.42$494
Nov 1999019923.192.43$484
Oct 1999021820.982.80$611
Sep 1999014621.752.62$382
Aug 1999018219.262.88$523
Jul 1999017417.892.37$413
Jun 1999016415.942.36$387
May 1999020415.792.32$473
Apr 1999017215.102.21$380
Mar 1999021512.471.84$395
Feb 199901919.981.82$347
Jan 1999020710.381.90$393
Dec 199801469.201.77$259
Nov 1998018210.892.19$398
Oct 199802812.421.97$55
Sep 1998010312.592.08$215
Aug 1998024111.301.91$460
Jul 1998019711.742.24$441
Jun 1998020411.242.24$456
May 1998020912.622.21$461
Apr 1998018613.042.51$466
Mar 1998019512.802.31$450
Feb 1998017013.952.30$391
Jan 1998021914.702.15$472
Dec 1997020416.322.41$492
Nov 199705318.193.09$164
Oct 1997019719.253.15$621
Sep 1997017817.742.95$526
Aug 1997020017.862.55$511
Jul 1997017917.582.25$402
Jun 1997019417.242.26$438
May 1997019818.972.31$457
Apr 1997019917.882.08$414
Mar 1997021818.951.94$423
Feb 1997018820.492.21$415
Jan 1997022923.483.54$811
Dec 199609923.32$0
Nov 1996016721.97$0
Oct 1996022023.31$0
Sep 1996024522.22$0
Aug 199601720.26$0
Jul 1996011119.55$0
Jun 1996020818.73$0
May 1996017319.43$0
Apr 1996021321.51$0
Mar 1996013919.38$0
Feb 1996018116.98$0
Jan 1996034317.07$0
Dec 199503617.19$0
Nov 1995018616.00$0
Oct 1995011215.43$0
Sep 1995011916.18$0
Aug 1995015615.92$0
Jul 199502315.24$0
Jun 1995013116.41$0
May 1995018017.56$0
Apr 1995018817.73$0
Mar 1995017816.44$0
Feb 1995014916.58$0
Jan 1995018415.92$0
Dec 1994017515.03$0
Nov 1994021715.90$0
Oct 19940015.58$0
Sep 199403315.29$0
Aug 1994015916.13$0
Jul 1994013617.56$0
Jun 1994017917.09$0
May 1994017415.88$0
Apr 1994014714.14$0
Mar 1994019412.46$0
Feb 1994018012.50$0
Jan 1994021612.66$0
Dec 1993021412.33$0
Nov 1993022214.49$0
Oct 1993024715.85$0
Sep 1993020915.03$0
Aug 1993022915.66$0
Jul 1993024215.46$0
Jun 1993024416.79$0
May 1993025217.68$0
Apr 1993026118.05$0
Mar 1993021218.14$0
Feb 1993020017.90$0
Jan 1993022116.93$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.

Apr 2004 — as filed, then multipliedworked
Condensate            17 bbl  × $ 34.47 =       $586
Gas                    0 Mcf  × $  5.86 =         $0

────────────────────────────────────────────────────
Month total                                     $586

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/94550 is the state's own key, not one this site invented.