SMITH EAGLE CREEK

Operated by CORDA CORPORATION (P-5 177997) in the WATTS (GARDNER SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 30344District 7BField 95502600OilSaveExport
Value, all time
$406 k
Apr 2009 – Jun 2016
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
87
no gaps in the span
Streams
1
oil

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 59 leases and 106 wells, and the rule below applies to all of them.

Discovered
1954-10-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

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

The Commission's schedule remark for this field reads: WATTS /GARDNER LIME/ & WATTS /GARDNER SAND/ COMBINED 10-1-71.

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
OilDisposition5,230 bbl$406,294
Total$406,294

Wells on this lease (2)

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 32.1027, -100.2477. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.10274, -100.24774 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
5,688 ft
2 wells filed one
Completion to plug
6.6 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 5,655 and 5,720 ft, median 5,688 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2009 – Dec 2009
2 of 2 wells
Plug dates filed
Mar 2016
2 of 2 wells

Last completion to plug: a median of 6.6 years across the 2 wells that filed both dates, with the middle half between 6.4 years and 6.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3533310625,655 ftDec 2009Mar 2016Yes
42-3533309115,720 ftApr 2009Mar 2016Yes

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 (87)

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

87 months

Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 20166836.561.99$2,486
Mar 20169433.011.79$3,103
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 201517549.822.71$8,719
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 201417394.734.73$16,388
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 201317197.423.78$16,659
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 201317593.964.28$16,443
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 201217989.383.40$15,999
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 201217579.822.52$13,969
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 201233498.092.73$32,762
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 201117983.623.99$14,968
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 201117692.904.64$16,350
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 201118196.364.06$17,441
Feb 2011085.644.18$0
Jan 201118086.504.59$15,570
Dec 201018185.734.35$15,517
Nov 201017880.843.80$14,390
Oct 2010078.103.51$0
Sep 201017672.633.98$12,783
Aug 201017173.684.42$12,599
Jul 201017872.554.74$12,914
Jun 201017670.364.91$12,383
May 201035471.124.24$25,176
Apr 2010081.694.12$0
Mar 201017978.394.39$14,032
Feb 201018373.585.44$13,465
Jan 201018374.365.96$13,608
Dec 2009071.445.48$0
Nov 200914774.593.75$10,965
Oct 200916072.544.11$11,606
Sep 200917765.543.06$11,601
Aug 200934767.423.22$23,395
Jul 200918061.133.46$11,003
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$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 2016 — as filed, then multipliedworked
Oil                   68 bbl  × $ 36.56 =     $2,486

────────────────────────────────────────────────────
Month total                                   $2,486

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/30344 is the state's own key, not one this site invented.