SMITH, DON

Operated by WESTICO ENERGY CO. (P-5 912910) in the ALKALI CREEK, SW (FLIPPEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16512District 7BField 01580500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$371 k
Jan 1993 – Feb 2004
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
134
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 21 leases and 32 wells, and the rule below applies to all of them.

Discovered
1979-03-28
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
NGPA2none

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
OilDisposition21,269 bbl$371,391
Casinghead gasProduction6,600 Mcf$0
Total$371,391

6,600 Mcf of this lease's gas, across 25 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 (3)

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 32.7533, -100.2686. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.75350, -100.26881 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
3,533 ft
3 wells filed one
Completion to plug
22.8 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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

Between 3,525 and 3,630 ft, median 3,533 ft, over the 3 wells that filed a depth.

Completions filed
Oct 1980 – Oct 1994
3 of 3 wells
Plug dates filed
Nov 2003
3 of 3 wells

Last completion to plug: a median of 22.8 years across the 3 wells that filed both dates, with the middle half between 16.0 years and 23.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-1513136833,525 ftOct 1994Nov 2003Yes
42-1513119823,533 ftJan 1981Nov 2003Yes
42-1513114013,630 ftOct 1980Nov 2003Yes

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 (134)

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

134 months

Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 200357030.266.30$1,725
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 20010024.262.25$0
Aug 20010024.873.05$0
Jul 200141023.933.20$981
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 2001180024.545.38$4,417
Feb 20010027.755.77$0
Jan 2001183027.478.40$5,027
Dec 20000026.889.12$0
Nov 2000168032.215.66$5,411
Oct 2000174031.235.15$5,434
Sep 20000031.875.19$0
Aug 2000178029.644.54$5,276
Jul 20000028.534.09$0
Jun 2000161029.304.40$4,717
May 2000166027.263.68$4,525
Apr 20000024.513.12$0
Mar 2000141028.422.86$4,007
Feb 2000150027.622.73$4,143
Jan 2000171025.272.48$4,321
Dec 1999299024.282.42$7,260
Nov 19990023.192.43$0
Oct 1999160020.982.80$3,357
Sep 1999133021.752.62$2,893
Aug 1999143019.262.88$2,754
Jul 1999155017.892.37$2,773
Jun 1999163015.942.36$2,598
May 19990015.792.32$0
Apr 1999288015.102.21$4,349
Mar 1999179012.471.84$2,232
Feb 1999009.981.82$0
Jan 1999157010.381.90$1,630
Dec 199829809.201.77$2,742
Nov 1998172010.892.19$1,873
Oct 19980012.421.97$0
Sep 1998159012.592.08$2,002
Aug 1998148011.301.91$1,672
Jul 1998171011.742.24$2,008
Jun 1998165011.242.24$1,855
May 1998168012.622.21$2,120
Apr 1998173013.042.51$2,256
Mar 1998174012.802.31$2,227
Feb 1998172013.952.30$2,399
Jan 1998173014.702.15$2,543
Dec 1997174016.322.41$2,840
Nov 19970018.193.09$0
Oct 1997342019.253.15$6,584
Sep 19970017.742.95$0
Aug 1997170017.862.55$3,036
Jul 1997306017.582.25$5,379
Jun 1997137017.242.26$2,362
May 1997312018.972.31$5,919
Apr 1997166017.882.08$2,968
Mar 1997347018.951.94$6,576
Feb 1997178020.492.21$3,647
Jan 1997175023.483.54$4,109
Dec 1996174023.32$4,058
Nov 1996171021.97$3,757
Oct 1996241023.31$5,618
Sep 1996276022.22$6,133
Aug 1996172020.26$3,485
Jul 1996263019.55$5,142
Jun 1996218018.73$4,083
May 1996343019.43$6,664
Apr 19960021.51$0
Mar 1996175019.38$3,392
Feb 1996311016.98$5,281
Jan 1996180017.07$3,073
Dec 1995358017.19$6,154
Nov 1995181016.00$2,896
Oct 1995359015.43$5,539
Sep 1995180016.18$2,912
Aug 1995179015.92$2,850
Jul 1995359015.24$5,471
Jun 1995176016.41$2,888
May 1995246017.56$4,320
Apr 1995180017.73$3,191
Mar 1995347016.44$5,705
Feb 1995176016.58$2,918
Jan 199531414915.92$4,999
Dec 199435837015.03$5,381
Nov 199435948915.90$5,708
Oct 199417944115.58$2,789
Sep 199419843515.29$3,027
Aug 199435658116.13$5,742
Jul 199437582717.56$6,585
Jun 199453694417.09$9,160
May 1994170115.88$2,700
Apr 1994180114.14$2,545
Mar 1994530112.46$6,604
Feb 19942124212.50$2,650
Jan 199453817712.66$6,811
Dec 199336613312.33$4,513
Nov 199336520814.49$5,289
Oct 199336021915.85$5,706
Sep 199317923215.03$2,690
Aug 199333823715.66$5,293
Jul 199345113015.46$6,972
Jun 199317817216.79$2,989
May 199332910017.68$5,817
Apr 199336610718.05$6,606
Mar 19933308218.14$5,986
Feb 199334326117.90$6,140
Jan 199336726116.93$6,213

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 2003 — as filed, then multipliedworked
Oil                   57 bbl  × $ 30.26 =     $1,725
Casinghead gas         0 Mcf  × $  6.30 =         $0

────────────────────────────────────────────────────
Month total                                   $1,725

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/16512 is the state's own key, not one this site invented.