SMITH 59

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the PROBANDT (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18122District 7CField 73243500OilCasinghead gasSaveExport
Value, all time
$770 k
Oct 2012 – Oct 2023
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
133
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 126 leases and 180 wells, and the rule below applies to all of them.

Discovered
1975-02-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1983-09-26.

The Commission's schedule remark for this field reads: FIELD RULES EFF. 9/26/83 PER DKT 7C-79,619 NET GOR 750

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
OilDisposition10,652 bbl$693,134
Casinghead gasProduction20,751 Mcf$76,450
Total$769,584

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 31.5144, -100.9839. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.51439, -100.98387 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,030 ft
1 wells filed one
Completion to plug
10.8 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 7,030 ft.

Completions filed
Oct 2012
1 of 1 wells
Plug dates filed
Aug 2023
1 of 1 wells

Last completion to plug: a median of 10.8 years across the 1 well that filed both dates, with the middle half between 10.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353223167,030 ftOct 2012Aug 2023Yes

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 (133)

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

133 months

Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202370080.522.67$5,636
Jul 202301174.852.64$29
Jun 202301168.962.26$25
May 202301070.622.23$22
Apr 20230878.122.24$18
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 202218213276.415.73$14,663
Nov 2022020185.005.65$1,135
Oct 2022027387.185.86$1,601
Sep 202217820384.888.16$16,766
Aug 2022026894.529.13$2,446
Jul 20220264101.587.54$1,991
Jun 2022174244115.097.98$21,972
May 2022179261109.378.43$21,778
Apr 20220235104.226.84$1,607
Mar 20220226108.885.08$1,147
Feb 2022017491.054.86$845
Jan 2022020481.844.54$926
Dec 202118021671.323.90$13,680
Nov 2021027177.435.24$1,419
Oct 202117732079.795.71$15,951
Sep 2021031569.865.35$1,686
Aug 2021031866.024.22$1,342
Jul 202117930470.783.98$13,880
Jun 2021032269.493.38$1,089
May 202136434363.483.02$24,142
Apr 2021013360.362.76$367
Mar 2021031561.302.72$856
Feb 2021024457.805.55$1,354
Jan 2021030950.412.81$868
Dec 202018129344.642.68$8,864
Nov 2020029338.772.71$793
Oct 2020030036.972.48$744
Sep 202017828937.091.99$7,177
Aug 2020030139.982.39$718
Jul 2020028438.371.83$518
Jun 202017527934.901.69$6,579
May 2020028416.921.81$515
Apr 202017122814.751.80$2,934
Mar 202017521330.341.86$5,705
Feb 2020019049.881.98$376
Jan 2020020057.252.09$419
Dec 2019019459.012.30$447
Nov 201918018655.302.75$10,466
Oct 2019019453.472.42$469
Sep 2019019855.052.66$526
Aug 201917521253.112.30$9,783
Jul 2019019856.272.46$487
Jun 201917818652.782.49$9,858
May 2019017558.482.74$480
Apr 2019015962.632.75$437
Mar 201917712356.803.06$10,430
Feb 20191807850.852.79$9,371
Jan 201908746.033.23$281
Dec 201809346.594.19$389
Nov 201817912652.934.24$10,008
Oct 2018018361.443.40$622
Sep 2018020859.543.11$646
Aug 201817915459.403.07$11,105
Jul 2018017165.142.93$501
Jun 201817516560.183.08$11,039
May 2018016165.382.90$467
Apr 2018014663.842.90$424
Mar 201818214261.222.79$11,538
Feb 201807961.782.77$219
Jan 20181818762.874.01$11,728
Dec 201708957.272.92$260
Nov 201718955.423.12$333
Oct 201736310249.292.98$18,197
Sep 201709747.523.09$299
Aug 201709545.373.00$285
Jul 20171799843.873.09$8,155
Jun 2017013742.493.09$423
May 2017013845.373.26$450
Apr 20171856547.933.21$9,076
Mar 201705546.772.98$164
Feb 20171844150.452.95$9,404
Jan 201705349.413.42$181
Dec 201605548.763.72$205
Nov 201605942.492.64$156
Oct 20161758146.193.09$8,334
Sep 20161927441.553.10$8,207
Aug 20161787641.442.92$7,599
Jul 201607341.622.92$213
Jun 201606545.352.69$175
May 20161858142.521.99$8,027
Apr 201608436.561.99$167
Mar 20163608733.011.79$12,040
Feb 201606826.472.06$140
Jan 20161785327.352.36$4,994
Dec 201537032.362.00$237
Nov 201508138.792.17$176
Oct 201508443.552.43$204
Sep 201518312342.992.76$8,206
Aug 2015015040.162.87$431
Jul 201518215748.152.95$9,226
Jun 2015014956.152.88$430
May 201518015455.212.96$10,393
Apr 2015015549.822.71$420
Mar 201515915342.892.93$7,269
Feb 201518416144.662.98$8,697
Jan 201517818043.433.10$8,289
Dec 2014018454.693.59$661
Nov 2014016870.464.25$714
Oct 201417518078.303.90$14,405
Sep 201417914986.164.05$16,025
Aug 2014013289.394.04$533
Jul 201418314696.564.18$18,281
Jun 201417315198.164.74$17,697
May 20141834994.734.73$17,567
Apr 201405695.944.81$269
Mar 201417711095.895.06$17,529
Feb 20141799697.406.19$18,029
Jan 2014010890.404.86$525
Dec 2013013291.824.35$575
Nov 201318010388.853.74$16,378
Oct 201335822797.423.78$35,734
Sep 20130106104.113.72$394
Aug 20131770104.253.52$18,452
Jul 20130163102.523.72$606
Jun 201336114594.403.93$34,649
May 2013014994.834.15$618
Apr 2013016293.964.28$694
Mar 201318015193.623.91$17,442
Feb 201336318591.233.42$33,749
Jan 2013025791.603.42$879
Dec 2012032486.773.42$1,108
Nov 201218148186.953.62$17,482
Oct 2012511189.383.40$824

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.

Aug 2023 — as filed, then multipliedworked
Oil                   70 bbl  × $ 80.52 =     $5,636
Casinghead gas         0 Mcf  × $  2.67 =         $0

────────────────────────────────────────────────────
Month total                                   $5,636

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/18122 is the state's own key, not one this site invented.