SMITH, T. A.

Operated by FALCON GAS STORAGE CO., INC. (P-5 259861) in the EASTLAND COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1547District 7BField 27358001OilCasinghead gasSaveExport
Value, all time
$716 k
Jan 1993 – Feb 2007
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
170
no gaps in the span
Streams
2
oil, casinghead 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 1,053 leases and 2,020 wells, and the rule below applies to all of them.

Discovered
1917-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition2,435 bbl$55,269
Casinghead gasProduction202,206 Mcf$660,258
Total$715,527

57,500 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 32.4760, -99.0256. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.47601, -99.02557 · 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
4,208 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 4,208 ft.

Completions filed
Nov 1930
1 of 1 wells

1 well

42-1330196714,208 ftNov 1930Yes

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 (170)

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

170 months

Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 200613056.656.92$736
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 200661069.376.34$4,232
Jun 200601,15766.286.38$7,386
May 200601,45366.016.42$9,336
Apr 2006077464.397.36$5,697
Mar 200601,29356.707.08$9,158
Feb 200601,19957.597.75$9,294
Jan 200601,34660.598.93$12,024
Dec 200501,37154.9413.42$18,393
Nov 200501,29754.6910.59$13,733
Oct 200501,22758.3413.80$16,927
Sep 200501,00361.4512.08$12,115
Aug 200501,27061.519.80$12,442
Jul 20051151,34355.697.84$16,938
Jun 200501,33552.337.38$9,854
May 200501,41345.226.65$9,398
Apr 200501,36249.207.36$10,025
Mar 200501,21550.377.15$8,693
Feb 200501,20445.226.31$7,600
Jan 200501,32043.166.32$8,345
Dec 200401,34239.866.75$9,060
Nov 200401,26245.286.33$7,989
Oct 200401,48049.706.52$9,642
Sep 200401,31943.245.28$6,969
Aug 200401,39642.375.55$7,749
Jul 200401,42838.286.08$8,688
Jun 20041051,54536.106.43$13,730
May 200401,23037.486.49$7,988
Apr 200401,39534.475.86$8,173
Mar 200401,22734.365.53$6,785
Feb 200401,09032.455.51$6,005
Jan 200401,13032.036.30$7,119
Dec 200301,13330.266.30$7,140
Nov 200301,10728.804.60$5,087
Oct 2003721,20528.174.76$7,764
Sep 200301,14626.314.75$5,443
Aug 200301,32829.765.13$6,812
Jul 200301,15629.415.17$5,977
Jun 200301,14928.565.98$6,874
May 200301,21626.595.97$7,263
Apr 20031351,36426.675.41$10,976
Mar 200301,32931.146.10$8,102
Feb 200301,12133.487.93$8,885
Jan 200301,17730.315.58$6,570
Dec 200201,18126.914.85$5,732
Nov 200201,06924.664.14$4,422
Oct 200201,05126.464.23$4,445
Sep 2002397927.443.64$3,641
Aug 200201,22225.963.16$3,867
Jul 20021281,98724.583.06$9,230
Jun 200201,45723.733.34$4,864
May 2002024624.663.58$882
Apr 2002026723.653.51$938
Mar 2002042522.003.10$1,319
Feb 2002062018.222.38$1,473
Jan 2002098517.172.38$2,340
Dec 200101,15616.932.36$2,733
Nov 200101,22518.072.41$2,947
Oct 200101,51519.782.53$3,831
Sep 200101,50524.262.25$3,388
Aug 200101,47024.873.05$4,488
Jul 200101,42823.933.20$4,565
Jun 200101,43124.563.82$5,472
May 200101,48825.524.31$6,409
Apr 200101,41424.685.34$7,544
Mar 20011171,39224.545.38$10,355
Feb 200101,26927.755.77$7,318
Jan 200101,40527.478.40$11,800
Dec 200001,40626.889.12$12,826
Nov 200001,41832.215.66$8,023
Oct 200001,47031.235.15$7,564
Sep 200001,42731.875.19$7,401
Aug 200001,59829.644.54$7,256
Jul 200001,64728.534.09$6,736
Jun 20001181,29029.304.40$9,130
May 200001,32327.263.68$4,868
Apr 200001,38324.513.12$4,309
Mar 2000071528.422.86$2,045
Feb 200001,02027.622.73$2,781
Jan 2000050825.272.48$1,260
Dec 1999059324.282.42$1,437
Nov 199901,07323.192.43$2,612
Oct 1999077820.982.80$2,181
Sep 199901,32021.752.62$3,457
Aug 199901,48319.262.88$4,265
Jul 199901,48017.892.37$3,511
Jun 199901,41115.942.36$3,333
May 19991201,46115.792.32$5,286
Apr 199901,34915.102.21$2,979
Mar 199901,44012.471.84$2,647
Feb 199901,2859.981.82$2,336
Jan 199901,41210.381.90$2,683
Dec 199801,4139.201.77$2,506
Nov 199801,20310.892.19$2,629
Oct 199801,44412.421.97$2,844
Sep 199801,40512.592.08$2,926
Aug 19981141,45511.301.91$4,063
Jul 199801,47211.742.24$3,293
Jun 199801,29811.242.24$2,904
May 199801,52712.622.21$3,369
Apr 199801,45613.042.51$3,648
Mar 199801,47712.802.31$3,411
Feb 199801,30213.952.30$2,993
Jan 19981141,39914.702.15$4,690
Dec 199701,41916.322.41$3,421
Nov 199701,37618.193.09$4,249
Oct 199701,54519.253.15$4,866
Sep 199701,30617.742.95$3,859
Aug 199701,40017.862.55$3,577
Jul 199701,42917.582.25$3,211
Jun 199701,39017.242.26$3,138
May 199701,42618.972.31$3,292
Apr 19971251,37817.882.08$5,105
Mar 1997121,42718.951.94$2,995
Feb 199701,26920.492.21$2,799
Jan 199701,15623.483.54$4,092
Dec 199601,17523.32$0
Nov 199601,04821.97$0
Oct 199601,14523.31$0
Sep 199601,09822.22$0
Aug 19961191,36020.26$2,411
Jul 199601,43119.55$0
Jun 199601,39318.73$0
May 199601,68219.43$0
Apr 1996096321.51$0
Mar 199601,18819.38$0
Feb 199601,25616.98$0
Jan 19961251,32617.07$2,134
Dec 199501,32817.19$0
Nov 199501,28616.00$0
Oct 199501,33515.43$0
Sep 199501,25516.18$0
Aug 199501,31815.92$0
Jul 199501,32715.24$0
Jun 19951101,29416.41$1,805
May 199501,32117.56$0
Apr 199501,27017.73$0
Mar 199501,29416.44$0
Feb 1995099116.58$0
Jan 19951141,22115.92$1,815
Dec 199401,24515.03$0
Nov 199401,20015.90$0
Oct 199401,24415.58$0
Sep 199401,17515.29$0
Aug 19941231,23916.13$1,984
Jul 199401,42617.56$0
Jun 1994095817.09$0
May 199401,08415.88$0
Apr 199401,18514.14$0
Mar 19941201,20412.46$1,495
Feb 199401,06712.50$0
Jan 199401,20212.66$0
Dec 199301,20212.33$0
Nov 19931191,21114.49$1,724
Oct 1993063715.85$0
Sep 199301,19415.03$0
Aug 19931201,14115.66$1,879
Jul 199301,31315.46$0
Jun 199301,30416.79$0
May 19931331,61717.68$2,351
Apr 199301,88918.05$0
Mar 1993041118.14$0
Feb 1993044017.90$0
Jan 1993060716.93$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.

Dec 2006 — as filed, then multipliedworked
Oil                   13 bbl  × $ 56.65 =       $736
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                     $736

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/O/1547 is the state's own key, not one this site invented.