SMITH, J. W.

Operated by HOPEWELL OPERATING, INC. (P-5 399624) in the NORTON, N. (CAPPS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14479District 7CField 66158090OilCasinghead gasSaveExport
Value, all time
$940 k
Nov 1996 – Jul 2024
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
333
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 9 leases and 13 wells, and the rule below applies to all of them.

Discovered
1960-02-05
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 field rule took effect on 1998-08-11.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 01-1-81 PER AMENDMENT TO SWR 28 & 29

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
OilDisposition25,393 bbl$478,178
Casinghead gasProduction201,168 Mcf$461,523
Total$939,701

3,032 Mcf of this lease's gas, across 2 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 (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 31.8951, -100.0945. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.89509, -100.09446 · 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
4,549 ft
2 wells filed one
Completion to plug
22.5 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 4,387 and 4,710 ft, median 4,549 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1998 – Jul 2005
2 of 2 wells
Plug dates filed
Aug 2022 – Apr 2026
2 of 2 wells

Last completion to plug: a median of 22.5 years across the 2 wells that filed both dates, with the middle half between 21.6 years and 23.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-399344631-G4,387 ftJul 2005Apr 2026Yes
42-399346062-G4,710 ftJun 1998Aug 2022Yes

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 (333)

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

333 months

Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024158084.451.66$13,343
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015173040.162.87$6,948
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121660105.052.22$17,438
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007162082.856.92$13,422
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060366.016.42$19
Apr 20060064.397.36$0
Mar 20060256.707.08$14
Feb 20060157.597.75$8
Jan 20060260.598.93$18
Dec 20050154.9413.42$13
Nov 20050254.6910.59$21
Oct 20050258.3413.80$28
Sep 20050161.4512.08$12
Aug 200532261.519.80$1,988
Jul 2005321155.697.84$1,868
Jun 200560252.337.38$3,155
May 200530745.226.65$1,403
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050345.226.31$19
Jan 20050243.166.32$13
Dec 2004132239.866.75$5,275
Nov 20040645.286.33$38
Oct 20040649.706.52$39
Sep 20040243.245.28$11
Aug 20040242.375.55$11
Jul 200401138.286.08$67
Jun 200401136.106.43$71
May 200401137.486.49$71
Apr 200401134.475.86$64
Mar 200401034.365.53$55
Feb 200401032.455.51$55
Jan 200401032.036.30$63
Dec 200301030.266.30$63
Nov 200301028.804.60$46
Oct 200301128.174.76$52
Sep 200301126.314.75$52
Aug 200301129.765.13$56
Jul 200301029.415.17$52
Jun 20030928.565.98$54
May 20031671026.595.97$4,500
Apr 200301026.675.41$54
Mar 20030931.146.10$55
Feb 200301133.487.93$87
Jan 20030930.315.58$50
Dec 200201126.914.85$53
Nov 20021691024.664.14$4,209
Oct 200201026.464.23$42
Sep 200201327.443.64$47
Aug 200201525.963.16$47
Jul 200201224.583.06$37
Jun 200201623.733.34$53
May 200201624.663.58$57
Apr 200202423.653.51$84
Mar 20021329422.003.10$3,196
Feb 2002016218.222.38$385
Jan 2002012217.172.38$290
Dec 200103016.932.36$71
Nov 2001036018.072.41$866
Oct 2001059619.782.53$1,507
Sep 200118526824.262.25$5,091
Aug 2001011624.873.05$354
Jul 2001017223.933.20$550
Jun 200117429024.563.82$5,382
May 2001019325.524.31$831
Apr 200117828624.685.34$5,919
Mar 2001024924.545.38$1,339
Feb 2001011727.755.77$675
Jan 200102827.478.40$235
Dec 20001731126.889.12$4,751
Nov 2000014932.215.66$843
Oct 200017887231.235.15$10,046
Sep 20001781,06631.875.19$11,202
Aug 200001,00329.644.54$4,554
Jul 20001771,07328.534.09$9,438
Jun 20003521,07229.304.40$15,027
May 200017373427.263.68$7,417
Apr 200017332824.513.12$5,262
Mar 200004528.422.86$129
Feb 200017913627.622.73$5,315
Jan 200002325.272.48$57
Dec 19991821,27524.282.42$7,509
Nov 1999054323.192.43$1,322
Oct 19993623,02920.982.80$16,087
Sep 19993553,70721.752.62$17,429
Aug 19991841,38219.262.88$7,518
Jul 19991771,48617.892.37$6,692
Jun 19991832,47815.942.36$8,770
May 19995364,34715.792.32$18,553
Apr 19993564,15315.102.21$14,546
Mar 19991,2648,31912.471.84$31,055
Feb 19997156,0359.981.82$18,106
Jan 19996575,41010.381.90$17,098
Dec 19983687,3859.201.77$16,482
Nov 1998730010.892.19$7,950
Oct 19989018,03912.421.97$27,021
Sep 199888912,39112.592.08$36,998
Aug 19981,24715,20811.301.91$43,098
Jul 19981,42414,32811.742.24$48,773
Jun 199809,55211.242.24$21,370
May 19981796,37512.622.21$16,324
Apr 19981776,78013.042.51$19,294
Mar 19983635,59212.802.31$17,561
Feb 19987233,84113.952.30$18,917
Jan 19987263,55614.702.15$18,335
Dec 19977364,75716.322.41$23,481
Nov 19973653,04418.193.09$16,040
Oct 19975373,10519.253.15$20,117
Sep 19975372,03117.742.95$15,528
Aug 19977185,77217.862.55$27,569
Jul 19978917,52317.582.25$32,568
Jun 19975405,58317.242.26$21,912
May 19977136,18918.972.31$27,813
Apr 19977384,34517.882.08$22,245
Mar 19978904,04218.951.94$24,704
Feb 19975463,54220.492.21$19,001
Jan 19971,0933,01623.483.54$36,339
Dec 19965111,95023.32$11,917
Nov 19963471,08221.97$7,624

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 2024 — as filed, then multipliedworked
Oil                  158 bbl  × $ 84.45 =    $13,343
Casinghead gas         0 Mcf  × $  1.66 =         $0

────────────────────────────────────────────────────
Month total                                  $13,343

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/O/14479 is the state's own key, not one this site invented.