JEFF SMITH

Operated by TACOR RESOURCES INC (P-5 834330) in the GUEST (CANYON SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32034District 7BField 37328333OilCasinghead gasSaveExport
Value, all time
$7.6 M
Aug 2016 – May 2026
Value, last 12 filed months
$587 k
at the published price for each month
Months reported
118
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 45 leases and 298 wells, and the rule below applies to all of them.

Discovered
1951-01-12
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2016-09-01.

The Commission's schedule remark for this field reads: EFFECTIVE DATE 9/12/16.

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
OilDisposition119,267 bbl$7,372,857
Casinghead gasProduction76,251 Mcf$251,357
Total$7,624,213

Wells on this lease (9)

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 33.0824, -100.2296. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

33.08205, -100.22942 · 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 9 wells
With a plug date
0.0%
0 of 9 wells
Median depth
5,055 ft
9 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.
9100.0%

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

Total depth in feet, 9 of 9 wells. Median 5,055 ft, with the middle half between 5,040 and 5,065 ft; the shallowest is 5,030 ft and the deepest 5,095 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 9 of 9 wells, Aug 2016 – Dec 2022. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 2016 – Dec 2022
9 of 9 wells

9 wells

42-4333423945,038 ftDec 2022
42-4333408835,055 ftDec 2022
42-4333422425,095 ftApr 2022
42-4333411155,030 ftNov 2020
42-43334198165,040 ftMay 2019
42-43334186115,050 ftDec 2018
42-4333416695,065 ftJul 2018
42-4333414175,067 ftJan 2018
42-4333408715,062 ftAug 2016

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 (118)

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

118 months

May 2026882447106.413.05$95,215
Apr 202636230898.932.87$36,697
Mar 202651328489.753.15$46,936
Feb 202673138163.503.75$47,847
Jan 202653418159.138.00$33,023
Dec 202573747456.664.41$43,850
Nov 202572143158.593.93$43,936
Oct 202572953659.383.30$45,059
Sep 202572658062.743.08$47,334
Aug 202590764063.933.01$59,914
Jul 202571448266.743.32$49,250
Jun 202555449166.483.13$38,366
May 202572645260.553.23$45,420
Apr 202574952462.363.54$48,564
Mar 202591255167.704.27$64,094
Feb 202555143270.884.34$40,930
Jan 202574453974.324.28$57,600
Dec 202472856768.993.12$51,995
Nov 202490745469.052.20$63,626
Oct 202487963571.372.28$64,183
Sep 202473075569.612.36$52,600
Aug 202471562775.632.06$55,369
Jul 202490462579.932.15$73,598
Jun 202488674578.082.63$71,141
May 202485548578.812.20$68,449
Apr 2024906084.451.66$76,512
Mar 2024733080.301.55$58,860
Feb 2024904076.091.78$68,785
Jan 2024544073.023.30$39,723
Dec 2023896071.262.61$63,849
Nov 2023900077.892.81$70,101
Oct 2023720085.443.09$61,517
Sep 2023705089.042.74$62,773
Aug 20231,07210780.522.67$86,603
Jul 20231,0821,03474.852.64$83,719
Jun 20231,23787468.962.26$87,277
May 202388469470.622.23$63,974
Apr 202371538978.122.24$56,726
Mar 202354843772.852.39$40,968
Feb 202372543775.112.47$55,532
Jan 202354447476.533.39$43,238
Dec 202288751576.415.73$70,726
Nov 202290855785.005.65$80,325
Oct 202254659587.185.86$51,089
Sep 202272256484.888.16$65,888
Aug 202272478394.529.13$75,579
Jul 20221,245947101.587.54$133,609
Jun 2022888721115.097.98$107,951
May 2022719629109.378.43$83,941
Apr 20221,270202104.226.84$133,741
Mar 2022731357108.885.08$81,404
Feb 202273631791.054.86$68,553
Jan 202254946481.844.54$47,036
Dec 202174247171.323.90$54,756
Nov 202154844277.435.24$44,746
Oct 202173249679.795.71$61,240
Sep 202170954169.865.35$52,426
Aug 202187758066.024.22$60,347
Jul 202172460170.783.98$53,638
Jun 202191363269.493.38$65,581
May 202187558563.483.02$57,310
Apr 202171859860.362.76$44,988
Mar 202191163361.302.72$57,564
Feb 202135235057.805.55$22,287
Jan 20211,06869150.412.81$55,780
Dec 202090169944.642.68$42,091
Nov 202073173138.772.71$30,319
Oct 20201,09080636.972.48$42,295
Sep 20201,07479637.091.99$41,420
Aug 20201,08590439.982.39$45,534
Jul 20201,08492338.371.83$43,278
Jun 202090676934.901.69$32,919
May 202090370416.921.81$16,556
Apr 20201,27384014.751.80$20,292
Mar 20201,28094930.341.86$40,597
Feb 20201,27891149.881.98$65,551
Jan 20201,63293957.252.09$95,399
Dec 20191,26978359.012.30$76,688
Nov 20191,09966555.302.75$62,604
Oct 20191,80392953.472.42$98,653
Sep 20191,26898455.052.66$72,418
Aug 20191,4511,07653.112.30$79,542
Jul 20191,6321,12456.272.46$94,598
Jun 20191,6221,21052.782.49$88,624
May 20191,9411,54358.482.74$117,738
Apr 20191,9341,99662.632.75$126,617
Mar 20192,6632,08356.803.06$157,637
Feb 20192,7031,45750.852.79$141,516
Jan 20193,2421,30846.033.23$153,452
Dec 20182,6841,24346.594.19$130,250
Nov 20181,25588952.934.24$70,194
Oct 20181,9881,36461.443.40$126,778
Sep 20182,1021,61059.543.11$130,157
Aug 20182,4501,70259.403.07$150,749
Jul 20181,2391,31465.142.93$84,561
Jun 20181,2511,25860.183.08$79,156
May 20181,4301,73865.382.90$98,535
Apr 20181,6041,38263.842.90$106,408
Mar 20181,2631,14761.222.79$80,517
Feb 20181,42389861.782.77$90,397
Jan 20181,24884662.874.01$81,854
Dec 201736916457.272.92$21,612
Nov 201754340555.423.12$31,356
Oct 201754251149.292.98$28,240
Sep 201754655947.523.09$27,672
Aug 201753163445.373.00$25,996
Jul 201753340443.873.09$24,630
Jun 201772421542.493.09$31,427
May 201789359645.373.26$42,460
Apr 201772843047.933.21$36,274
Mar 201754130246.772.98$26,204
Feb 201737115350.452.95$19,169
Jan 201735819349.413.42$18,349
Dec 20161,471048.763.72$71,726
Nov 20162,16682242.492.64$94,207
Oct 20161,636046.193.09$75,567
Sep 2016909041.553.10$37,769
Aug 20160041.442.92$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                  882 bbl  × $106.41 =    $93,854
Casinghead gas       447 Mcf  × $  3.05 =     $1,361

────────────────────────────────────────────────────
Month total                                  $95,215

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/32034 is the state's own key, not one this site invented.