LEE SMITH

Operated by PRODUCTION OPERATORS OF TX, LLC (P-5 680825) in the NOODLE, NW. (CANYON SD. 4000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31523District 7BField 65823400OilCasinghead gasSaveExport
Value, all time
$2.5 M
Jun 2014 – May 2026
Value, last 12 filed months
$276 k
at the published price for each month
Months reported
144
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 34 leases and 49 wells, and the rule below applies to all of them.

Discovered
1955-01-06
as the register files it
Field class
Oil
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
OilDisposition37,778 bbl$2,392,643
Casinghead gasProduction49,879 Mcf$155,276
Total$2,547,919

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 32.6550, -100.1267. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.65496, -100.12667 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,159 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
00.0%
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.
1100.0%

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 4,159 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-2533539014,159 ftJun 2014

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 (144)

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

144 months

May 2026329876106.413.05$37,677
Apr 202634086298.932.87$36,110
Mar 202650866989.753.15$47,700
Feb 202617016563.503.75$11,414
Jan 202652333059.138.00$33,564
Dec 20251791656.664.41$10,213
Nov 202517017058.593.93$10,628
Oct 202516523459.383.30$10,571
Sep 2025334062.743.08$20,955
Aug 2025186063.933.01$11,891
Jul 2025341066.743.32$22,758
Jun 2025340066.483.13$22,603
May 2025031260.553.23$1,008
Apr 202534317362.363.54$22,002
Mar 20254996067.704.27$34,038
Feb 202517611070.884.34$12,952
Jan 20255322374.324.28$39,637
Dec 20246498168.993.12$45,027
Nov 202434617569.052.20$24,276
Oct 2024179071.372.28$12,775
Sep 2024174069.612.36$12,112
Aug 2024277075.632.06$20,950
Jul 2024175079.932.15$13,988
Jun 2024163078.082.63$12,727
May 2024168078.812.20$13,240
Apr 2024406084.451.66$34,287
Mar 2024172080.301.55$13,812
Feb 2024170076.091.78$12,935
Jan 2024355073.023.30$25,922
Dec 2023346071.262.61$24,656
Nov 2023512077.892.81$39,880
Oct 20233535985.443.09$30,342
Sep 202369892989.042.74$64,691
Aug 20235261,17380.522.67$45,489
Jul 20238511,36674.852.64$67,306
Jun 20239171,57668.962.26$66,796
May 20231,3391,66370.622.23$98,264
Apr 2023025478.122.24$568
Mar 20231601572.852.39$11,692
Feb 202309375.112.47$229
Jan 2023021876.533.39$739
Dec 202204876.415.73$275
Nov 20220785.005.65$40
Oct 20221643887.185.86$14,520
Sep 2022014084.888.16$1,143
Aug 20221749994.529.13$17,350
Jul 20220164101.587.54$1,237
Jun 20220163115.097.98$1,300
May 202216367109.378.43$18,392
Apr 20220166104.226.84$1,135
Mar 2022165189108.885.08$18,925
Feb 2022023391.054.86$1,132
Jan 202204981.844.54$222
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 202144079.795.71$3,511
Sep 202108669.865.35$460
Aug 202115820366.024.22$11,288
Jul 2021021570.783.98$856
Jun 202116521969.493.38$12,206
May 202116324963.483.02$11,099
Apr 2021010260.362.76$281
Mar 2021011561.302.72$312
Feb 20211733757.805.55$10,205
Jan 2021013450.412.81$377
Dec 2020013944.642.68$372
Nov 202017117638.772.71$7,106
Oct 202016730136.972.48$6,920
Sep 202001537.091.99$30
Aug 202039039.982.39$1,559
Jul 2020015338.371.83$279
Jun 202016220834.901.69$6,005
May 202004516.921.81$82
Apr 2020014614.751.80$263
Mar 202016819630.341.86$5,461
Feb 2020013049.881.98$257
Jan 2020016257.252.09$339
Dec 201917116359.012.30$10,466
Nov 2019018455.302.75$506
Oct 201917156853.472.42$10,517
Sep 2019045655.052.66$1,212
Aug 201915626053.112.30$8,884
Jul 2019026056.272.46$640
Jun 201916426052.782.49$9,304
May 201917627158.482.74$11,035
Apr 2019026862.632.75$737
Mar 201916426756.803.06$10,133
Feb 2019025850.852.79$720
Jan 201917229546.033.23$8,869
Dec 201816930646.594.19$9,154
Nov 201835630752.934.24$20,144
Oct 2018027261.443.40$924
Sep 2018033959.543.11$1,054
Aug 201816934959.403.07$11,109
Jul 2018038465.142.93$1,126
Jun 201817339060.183.08$11,611
May 201817040965.382.90$12,301
Apr 201817040063.842.90$12,013
Mar 201817042361.222.79$11,586
Feb 201817837461.782.77$12,031
Jan 201815639662.874.01$11,395
Dec 201717442957.272.92$11,218
Nov 201717448355.423.12$11,149
Oct 201717341449.292.98$9,762
Sep 201717040147.523.09$9,316
Aug 201716649045.373.00$9,004
Jul 201716955543.873.09$9,127
Jun 201733842342.493.09$15,668
May 201717154545.373.26$9,537
Apr 201716453247.933.21$9,569
Mar 201733356246.772.98$17,251
Feb 201733749850.452.95$18,472
Jan 201716052449.413.42$9,697
Dec 201617351448.763.72$10,349
Nov 201633354042.492.64$15,577
Oct 201633358346.193.09$17,183
Sep 201634758041.553.10$16,216
Aug 201632963141.442.92$15,479
Jul 201631765441.622.92$15,106
Jun 201630657845.352.69$15,430
May 201634956342.521.99$15,960
Apr 201634659536.561.99$13,834
Mar 201634258233.011.79$12,334
Feb 201651853326.472.06$14,811
Jan 201635359327.352.36$11,057
Dec 201565946332.362.00$22,252
Nov 201535151738.792.17$14,736
Oct 201534955643.552.43$16,548
Sep 201552755542.992.76$24,187
Aug 201551158540.162.87$22,202
Jul 201558059148.152.95$29,668
Jun 201536257756.152.88$21,990
May 201554959255.212.96$32,060
Apr 201554657349.822.71$28,753
Mar 201572860342.892.93$32,994
Feb 201554853544.662.98$26,066
Jan 201553957843.433.10$25,201
Dec 201488662854.693.59$50,711
Nov 201453770770.464.25$40,843
Oct 20147241,02278.303.90$60,676
Sep 20148271,32486.164.05$76,610
Aug 20141,0821,33989.394.04$102,123
Jul 20141,8661,47796.564.18$186,354
Jun 20140098.164.74$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.

May 2026 — as filed, then multipliedworked
Oil                  329 bbl  × $106.41 =    $35,009
Casinghead gas       876 Mcf  × $  3.05 =     $2,668

────────────────────────────────────────────────────
Month total                                  $37,677

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/31523 is the state's own key, not one this site invented.