SMITH

Name: SMITH lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by V-F PETROLEUM INC. (P-5 880375) in the SIXTY-SEVEN (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 140342District 7CField 83873250Hydrogen sulphide fieldCondensateGasSave Export

Value, all time

$814 k

Jan 1993 – Feb 2014

Value, last 12 filed months

$15 k

at the published price for each month

Months reported

254

no gaps in the span

Streams

condensate, gas

The SIXTY-SEVEN (CANYON) field

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 19 leases and 40 wells, and the rule below applies to all of them.

Discovered

1966-11-04

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1969-05-12.

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.

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.

Stream	Basis	Volume	Value
Condensate	Disposition	3,442 bbl	$99,281
Gas	Production	242,756 Mcf	$714,507
Total			$813,788

76,516 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 31.1845, -100.8677. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.18451, -100.86772 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

Median depth

6,736 ft

1 wells filed one

Completion to plug

34.9 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

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 6,736 ft.

Completions filed

Mar 1979

1 of 1 wells

Plug dates filed

Feb 2014

1 of 1 wells

Last completion to plug: a median of 34.9 years across the 1 well that filed both dates, with the middle half between 34.9 years and 34.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-23531340	1	6,736 ft	Mar 1979	Feb 2014	Yes

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 (254)

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

254 months


Feb 2014	146	0	97.40	6.19	$14,220
Jan 2014	4	4	90.40	4.86	$381
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	1	97.42	3.78	$4
Sep 2013	0	1	104.11	3.72	$4
Aug 2013	0	1	104.25	3.52	$4
Jul 2013	0	1	102.52	3.72	$4
Jun 2013	3	4	94.40	3.93	$299
May 2013	0	1	94.83	4.15	$4
Apr 2013	0	1	93.96	4.28	$4
Mar 2013	1	2	93.62	3.91	$101
Feb 2013	0	1	91.23	3.42	$3
Jan 2013	1	2	91.60	3.42	$98
Dec 2012	0	1	86.77	3.42	$3
Nov 2012	0	1	86.95	3.62	$4
Oct 2012	0	1	89.38	3.40	$3
Sep 2012	0	1	94.67	2.92	$3
Aug 2012	1	2	92.66	2.91	$98
Jul 2012	0	2	85.13	3.02	$6
Jun 2012	1	2	79.82	2.52	$85
May 2012	0	1	91.61	2.49	$2
Apr 2012	0	1	101.65	2.00	$2
Mar 2012	0	2	105.05	2.22	$4
Feb 2012	0	2	101.10	2.57	$5
Jan 2012	0	27	98.09	2.73	$74
Dec 2011	0	268	96.87	3.24	$868
Nov 2011	0	426	95.72	3.31	$1,411
Oct 2011	0	415	84.98	3.65	$1,514
Sep 2011	0	287	83.62	3.99	$1,144
Aug 2011	0	388	83.40	4.15	$1,610
Jul 2011	0	417	94.14	4.52	$1,884
Jun 2011	1	344	92.90	4.64	$1,689
May 2011	0	395	98.13	4.40	$1,740
Apr 2011	0	401	105.96	4.33	$1,738
Mar 2011	0	397	96.36	4.06	$1,611
Feb 2011	0	289	85.64	4.18	$1,208
Jan 2011	0	183	86.50	4.59	$840
Dec 2010	0	14	85.73	4.35	$61
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	416	72.63	3.98	$1,655
Aug 2010	0	487	73.68	4.42	$2,152
Jul 2010	0	451	72.55	4.74	$2,136
Jun 2010	0	472	70.36	4.91	$2,318
May 2010	0	499	71.12	4.24	$2,113
Apr 2010	1	471	81.69	4.12	$2,023
Mar 2010	0	454	78.39	4.39	$1,992
Feb 2010	0	300	73.58	5.44	$1,633
Jan 2010	1	309	74.36	5.96	$1,917
Dec 2009	0	385	71.44	5.48	$2,111
Nov 2009	0	350	74.59	3.75	$1,313
Oct 2009	0	308	72.54	4.11	$1,266
Sep 2009	1	275	65.54	3.06	$908
Aug 2009	0	225	67.42	3.22	$724
Jul 2009	2	161	61.13	3.46	$680
Jun 2009	0	119	66.16	3.90	$464
May 2009	1	105	54.74	3.93	$467
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	52	55.49	6.86	$357
Oct 2008	0	148	75.24	6.92	$1,024
Sep 2008	0	148	101.76	7.88	$1,166
Aug 2008	0	143	114.22	8.48	$1,213
Jul 2008	0	135	131.08	11.39	$1,538
Jun 2008	0	114	131.33	13.03	$1,486
May 2008	0	128	123.17	11.57	$1,482
Apr 2008	0	118	110.31	10.45	$1,234
Mar 2008	0	71	101.90	9.66	$686
Feb 2008	0	61	92.53	8.77	$535
Jan 2008	1	61	90.38	8.21	$591
Dec 2007	0	60	88.33	7.30	$438
Nov 2007	0	57	91.67	7.29	$416
Oct 2007	0	49	82.85	6.92	$339
Sep 2007	2	31	75.84	6.24	$345
Aug 2007	0	18	69.06	6.39	$115
Jul 2007	0	15	70.90	6.39	$96
Jun 2007	1	13	62.00	7.55	$160
May 2007	0	5	58.74	7.85	$39
Apr 2007	0	1	59.61	7.81	$8
Mar 2007	1	1	56.92	7.30	$64
Feb 2007	1	1	55.10	8.22	$63
Jan 2007	2	1	50.30	6.73	$107
Dec 2006	0	1	56.65	6.92	$7
Nov 2006	0	6	54.20	7.62	$46
Oct 2006	0	1,013	54.90	6.01	$6,092
Sep 2006	0	1,159	60.08	5.04	$5,838
Aug 2006	0	1,230	68.71	7.34	$9,028
Jul 2006	172	989	69.37	6.34	$18,205
Jun 2006	0	969	66.28	6.38	$6,186
May 2006	0	899	66.01	6.42	$5,776
Apr 2006	0	1,235	64.39	7.36	$9,090
Mar 2006	0	1,305	56.70	7.08	$9,243
Feb 2006	0	970	57.59	7.75	$7,519
Jan 2006	0	1,279	60.59	8.93	$11,426
Dec 2005	0	974	54.94	13.42	$13,067
Nov 2005	0	368	54.69	10.59	$3,897
Oct 2005	0	384	58.34	13.80	$5,298
Sep 2005	0	612	61.45	12.08	$7,392
Aug 2005	0	1,168	61.51	9.80	$11,443
Jul 2005	0	1,196	55.69	7.84	$9,381
Jun 2005	0	1,076	52.33	7.38	$7,942
May 2005	171	1,182	45.22	6.65	$15,594
Apr 2005	0	1,135	49.20	7.36	$8,354
Mar 2005	0	1,208	50.37	7.15	$8,643
Feb 2005	0	1,108	45.22	6.31	$6,994
Jan 2005	0	1,071	43.16	6.32	$6,771
Dec 2004	0	1,290	39.86	6.75	$8,709
Nov 2004	0	1,214	45.28	6.33	$7,685
Oct 2004	0	1,376	49.70	6.52	$8,965
Sep 2004	0	880	43.24	5.28	$4,650
Aug 2004	0	934	42.37	5.55	$5,184
Jul 2004	0	1,071	38.28	6.08	$6,516
Jun 2004	178	1,180	36.10	6.43	$14,017
May 2004	1	1,239	37.48	6.49	$8,084
Apr 2004	0	1,190	34.47	5.86	$6,972
Mar 2004	0	1,217	34.36	5.53	$6,730
Feb 2004	0	1,142	32.45	5.51	$6,292
Jan 2004	0	1,233	32.03	6.30	$7,767
Dec 2003	0	1,230	30.26	6.30	$7,751
Nov 2003	0	1,219	28.80	4.60	$5,602
Oct 2003	0	1,287	28.17	4.76	$6,126
Sep 2003	177	1,218	26.31	4.75	$10,442
Aug 2003	0	1,350	29.76	5.13	$6,925
Jul 2003	0	1,250	29.41	5.17	$6,464
Jun 2003	0	1,146	28.56	5.98	$6,856
May 2003	0	1,302	26.59	5.97	$7,776
Apr 2003	0	1,294	26.67	5.41	$6,997
Mar 2003	0	1,255	31.14	6.10	$7,651
Feb 2003	0	1,288	33.48	7.93	$10,209
Jan 2003	181	1,105	30.31	5.58	$11,654
Dec 2002	0	1,332	26.91	4.85	$6,465
Nov 2002	0	1,274	24.66	4.14	$5,270
Oct 2002	0	1,366	26.46	4.23	$5,777
Sep 2002	0	1,318	27.44	3.64	$4,791
Aug 2002	0	1,278	25.96	3.16	$4,044
Jul 2002	0	1,353	24.58	3.06	$4,143
Jun 2002	0	1,359	23.73	3.34	$4,537
May 2002	0	1,440	24.66	3.58	$5,161
Apr 2002	179	1,354	23.65	3.51	$8,989
Mar 2002	0	1,477	22.00	3.10	$4,583
Feb 2002	1	1,323	18.22	2.38	$3,161
Jan 2002	0	1,374	17.17	2.38	$3,264
Dec 2001	0	1,548	16.93	2.36	$3,660
Nov 2001	0	1,504	18.07	2.41	$3,618
Oct 2001	0	1,620	19.78	2.53	$4,097
Sep 2001	0	1,640	24.26	2.25	$3,692
Aug 2001	0	1,792	24.87	3.05	$5,471
Jul 2001	0	1,573	23.93	3.20	$5,029
Jun 2001	0	303	24.56	3.82	$1,159
May 2001	0	182	25.52	4.31	$784
Apr 2001	167	750	24.68	5.34	$8,123
Mar 2001	0	1,372	24.54	5.38	$7,376
Feb 2001	0	1,209	27.75	5.77	$6,972
Jan 2001	0	1,375	27.47	8.40	$11,548
Dec 2000	0	1,511	26.88	9.12	$13,784
Nov 2000	0	1,245	32.21	5.66	$7,044
Oct 2000	0	1,282	31.23	5.15	$6,597
Sep 2000	175	1,377	31.87	5.19	$12,719
Aug 2000	0	1,437	29.64	4.54	$6,525
Jul 2000	0	1,457	28.53	4.09	$5,959
Jun 2000	0	1,531	29.30	4.40	$6,732
May 2000	0	1,385	27.26	3.68	$5,096
Apr 2000	0	1,608	24.51	3.12	$5,011
Mar 2000	0	1,670	28.42	2.86	$4,776
Feb 2000	177	1,521	27.62	2.73	$9,036
Jan 2000	0	1,577	25.27	2.48	$3,912
Dec 1999	0	1,407	24.28	2.42	$3,410
Nov 1999	0	1,711	23.19	2.43	$4,165
Oct 1999	0	1,135	20.98	2.80	$3,182
Sep 1999	0	1,789	21.75	2.62	$4,685
Aug 1999	0	919	19.26	2.88	$2,643
Jul 1999	0	1,965	17.89	2.37	$4,662
Jun 1999	0	385	15.94	2.36	$909
May 1999	0	1,621	15.79	2.32	$3,762
Apr 1999	173	1,181	15.10	2.21	$5,220
Mar 1999	0	1,427	12.47	1.84	$2,623
Feb 1999	0	1,511	9.98	1.82	$2,747
Jan 1999	0	1,712	10.38	1.90	$3,253
Dec 1998	0	1,821	9.20	1.77	$3,229
Nov 1998	0	1,761	10.89	2.19	$3,849
Oct 1998	0	1,878	12.42	1.97	$3,698
Sep 1998	178	1,593	12.59	2.08	$5,559
Aug 1998	0	2,016	11.30	1.91	$3,845
Jul 1998	0	1,721	11.74	2.24	$3,850
Jun 1998	0	409	11.24	2.24	$915
May 1998	0	1,926	12.62	2.21	$4,249
Apr 1998	0	2,194	13.04	2.51	$5,497
Mar 1998	0	2,061	12.80	2.31	$4,760
Feb 1998	179	626	13.95	2.30	$3,936
Jan 1998	0	1,730	14.70	2.15	$3,728
Dec 1997	0	1,585	16.32	2.41	$3,822
Nov 1997	0	483	18.19	3.09	$1,492
Oct 1997	0	279	19.25	3.15	$879
Sep 1997	0	1,536	17.74	2.95	$4,539
Aug 1997	53	1,905	17.86	2.55	$5,813
Jul 1997	0	2,061	17.58	2.25	$4,631
Jun 1997	0	1,335	17.24	2.26	$3,013
May 1997	0	1,987	18.97	2.31	$4,587
Apr 1997	0	1,650	17.88	2.08	$3,437
Mar 1997	178	1,921	18.95	1.94	$7,098
Feb 1997	0	1,670	20.49	2.21	$3,684
Jan 1997	0	1,661	23.48	3.54	$5,879
Dec 1996	181	1,678	23.32	—	$4,221
Nov 1996	0	1,100	21.97	—	$0
Oct 1996	0	474	23.31	—	$0
Sep 1996	0	448	22.22	—	$0
Aug 1996	0	1,687	20.26	—	$0
Jul 1996	0	1,817	19.55	—	$0
Jun 1996	0	1,732	18.73	—	$0
May 1996	0	1,511	19.43	—	$0
Apr 1996	0	334	21.51	—	$0
Mar 1996	0	1,966	19.38	—	$0
Feb 1996	178	1,883	16.98	—	$3,022
Jan 1996	0	2,146	17.07	—	$0
Dec 1995	0	2,164	17.19	—	$0
Nov 1995	0	2,332	16.00	—	$0
Oct 1995	0	2,474	15.43	—	$0
Sep 1995	0	2,858	16.18	—	$0
Aug 1995	0	658	15.92	—	$0
Jul 1995	0	549	15.24	—	$0
Jun 1995	55	640	16.41	—	$903
May 1995	0	2,426	17.56	—	$0
Apr 1995	163	1,438	17.73	—	$2,890
Mar 1995	0	2,359	16.44	—	$0
Feb 1995	0	196	16.58	—	$0
Jan 1995	0	295	15.92	—	$0
Dec 1994	0	411	15.03	—	$0
Nov 1994	0	409	15.90	—	$0
Oct 1994	0	1,837	15.58	—	$0
Sep 1994	0	2,515	15.29	—	$0
Aug 1994	0	1,885	16.13	—	$0
Jul 1994	0	2,665	17.56	—	$0
Jun 1994	0	600	17.09	—	$0
May 1994	0	682	15.88	—	$0
Apr 1994	0	811	14.14	—	$0
Mar 1994	0	1,730	12.46	—	$0
Feb 1994	0	1,728	12.50	—	$0
Jan 1994	174	1,359	12.66	—	$2,203
Dec 1993	25	1,995	12.33	—	$308
Nov 1993	0	2,151	14.49	—	$0
Oct 1993	0	1,883	15.85	—	$0
Sep 1993	0	1,409	15.03	—	$0
Aug 1993	0	2,131	15.66	—	$0
Jul 1993	0	2,171	15.46	—	$0
Jun 1993	0	2,199	16.79	—	$0
May 1993	153	2,382	17.68	—	$2,705
Apr 1993	1	2,384	18.05	—	$18
Mar 1993	0	2,243	18.14	—	$0
Feb 1993	0	2,397	17.90	—	$0
Jan 1993	0	1,374	16.93	—	$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.

Feb 2014 — as filed, then multipliedworked

Condensate           146 bbl  × $ 97.40 =    $14,220
Gas                    0 Mcf  × $  6.19 =         $0

────────────────────────────────────────────────────
Month total                                  $14,220

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. 7C/G/140342 is the state's own key, not one this site invented.