SMITH -59-

Name: SMITH -59- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 9196District 7CField 73243500NGPA filingOilCasinghead gasSave Export

Value, all time

$537 k

Jan 1993 – Aug 2009

Value, last 12 filed months

at the published price for each month

Months reported

200

no gaps in the span

Streams

oil, casinghead gas

The PROBANDT (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 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”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	11	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
Oil	Disposition	18,738 bbl	$404,996
Casinghead gas	Production	91,377 Mcf	$131,607
Total			$536,603

54,251 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 (5)

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 31.5108, -100.9765. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.51087, -100.97706 · 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%

5 of 5 wells

With a plug date

100.0%

5 of 5 wells

Median depth

7,030 ft

5 wells filed one

Completion to plug

10.7 years

median over 5 wells

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

5100.0%

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

5100.0%

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 6,990 and 7,070 ft, median 7,030 ft, over the 5 wells that filed a depth.

Completions filed

Nov 1982 – Oct 2012

5 of 5 wells

Plug dates filed

May 1990 – Aug 2023

5 of 5 wells

Last completion to plug: a median of 10.7 years across the 5 wells that filed both dates, with the middle half between 6.4 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.

5 wells


42-23532231	6	7,030 ft	Oct 2012	Aug 2023	Yes
42-23531997	3	6,990 ft	Dec 1989	Nov 1991	Yes
42-23532294	7	7,000 ft	May 1984	Jan 1995	Yes
42-23531840	1	7,040 ft	Dec 1983	May 1990	Yes
42-23531982	2	7,070 ft	Nov 1982	Jul 2009	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 (200)

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

200 months


Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
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	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	108	0	61.45	12.08	$6,637
Aug 2005	176	0	61.51	9.80	$10,826
Jul 2005	0	292	55.69	7.84	$2,290
Jun 2005	179	277	52.33	7.38	$11,412
May 2005	0	263	45.22	6.65	$1,749
Apr 2005	178	277	49.20	7.36	$10,796
Mar 2005	180	322	50.37	7.15	$11,370
Feb 2005	0	216	45.22	6.31	$1,363
Jan 2005	0	157	43.16	6.32	$993
Dec 2004	181	232	39.86	6.75	$8,781
Nov 2004	0	230	45.28	6.33	$1,456
Oct 2004	180	242	49.70	6.52	$10,523
Sep 2004	0	245	43.24	5.28	$1,295
Aug 2004	0	273	42.37	5.55	$1,515
Jul 2004	179	269	38.28	6.08	$8,489
Jun 2004	0	250	36.10	6.43	$1,608
May 2004	179	227	37.48	6.49	$8,183
Apr 2004	0	234	34.47	5.86	$1,371
Mar 2004	181	242	34.36	5.53	$7,557
Feb 2004	0	223	32.45	5.51	$1,229
Jan 2004	0	172	32.03	6.30	$1,084
Dec 2003	185	193	30.26	6.30	$6,814
Nov 2003	1	235	28.80	4.60	$1,109
Oct 2003	0	206	28.17	4.76	$980
Sep 2003	1	91	26.31	4.75	$459
Aug 2003	179	193	29.76	5.13	$6,317
Jul 2003	0	279	29.41	5.17	$1,443
Jun 2003	179	267	28.56	5.98	$6,710
May 2003	0	272	26.59	5.97	$1,625
Apr 2003	182	264	26.67	5.41	$6,281
Mar 2003	0	264	31.14	6.10	$1,609
Feb 2003	180	224	33.48	7.93	$7,802
Jan 2003	0	256	30.31	5.58	$1,429
Dec 2002	183	254	26.91	4.85	$6,157
Nov 2002	0	258	24.66	4.14	$1,067
Oct 2002	171	266	26.46	4.23	$5,650
Sep 2002	178	264	27.44	3.64	$5,844
Aug 2002	0	270	25.96	3.16	$854
Jul 2002	0	269	24.58	3.06	$824
Jun 2002	180	263	23.73	3.34	$5,149
May 2002	0	273	24.66	3.58	$978
Apr 2002	181	262	23.65	3.51	$5,201
Mar 2002	164	262	22.00	3.10	$4,421
Feb 2002	0	217	18.22	2.38	$516
Jan 2002	0	252	17.17	2.38	$599
Dec 2001	174	264	16.93	2.36	$3,570
Nov 2001	177	260	18.07	2.41	$3,824
Oct 2001	0	272	19.78	2.53	$688
Sep 2001	0	278	24.26	2.25	$626
Aug 2001	172	284	24.87	3.05	$5,145
Jul 2001	177	283	23.93	3.20	$5,140
Jun 2001	0	267	24.56	3.82	$1,021
May 2001	174	290	25.52	4.31	$5,690
Apr 2001	0	275	24.68	5.34	$1,467
Mar 2001	179	264	24.54	5.38	$5,812
Feb 2001	184	247	27.75	5.77	$6,530
Jan 2001	0	244	27.47	8.40	$2,049
Dec 2000	0	283	26.88	9.12	$2,582
Nov 2000	171	293	32.21	5.66	$7,166
Oct 2000	1	236	31.23	5.15	$1,246
Sep 2000	176	238	31.87	5.19	$6,844
Aug 2000	0	282	29.64	4.54	$1,280
Jul 2000	182	281	28.53	4.09	$6,342
Jun 2000	0	291	29.30	4.40	$1,280
May 2000	186	296	27.26	3.68	$6,160
Apr 2000	0	271	24.51	3.12	$844
Mar 2000	185	282	28.42	2.86	$6,064
Feb 2000	0	258	27.62	2.73	$703
Jan 2000	181	277	25.27	2.48	$5,261
Dec 1999	185	292	24.28	2.42	$5,200
Nov 1999	0	213	23.19	2.43	$518
Oct 1999	183	226	20.98	2.80	$4,473
Sep 1999	0	222	21.75	2.62	$581
Aug 1999	182	216	19.26	2.88	$4,126
Jul 1999	193	216	17.89	2.37	$3,965
Jun 1999	0	196	15.94	2.36	$463
May 1999	181	201	15.79	2.32	$3,325
Apr 1999	0	98	15.10	2.21	$216
Mar 1999	184	262	12.47	1.84	$2,776
Feb 1999	0	301	9.98	1.82	$547
Jan 1999	187	217	10.38	1.90	$2,353
Dec 1998	0	286	9.20	1.77	$507
Nov 1998	187	396	10.89	2.19	$2,902
Oct 1998	0	731	12.42	1.97	$1,439
Sep 1998	186	449	12.59	2.08	$3,277
Aug 1998	183	978	11.30	1.91	$3,933
Jul 1998	184	854	11.74	2.24	$4,071
Jun 1998	184	854	11.24	2.24	$3,979
May 1998	0	916	12.62	2.21	$2,021
Apr 1998	186	827	13.04	2.51	$4,497
Mar 1998	185	816	12.80	2.31	$4,253
Feb 1998	0	828	13.95	2.30	$1,904
Jan 1998	369	842	14.70	2.15	$7,239
Dec 1997	0	858	16.32	2.41	$2,069
Nov 1997	176	891	18.19	3.09	$5,953
Oct 1997	177	909	19.25	3.15	$6,270
Sep 1997	0	624	17.74	2.95	$1,844
Aug 1997	184	674	17.86	2.55	$5,008
Jul 1997	0	520	17.58	2.25	$1,168
Jun 1997	361	616	17.24	2.26	$7,614
May 1997	174	695	18.97	2.31	$4,905
Apr 1997	0	668	17.88	2.08	$1,391
Mar 1997	178	745	18.95	1.94	$4,818
Feb 1997	180	716	20.49	2.21	$5,268
Jan 1997	0	760	23.48	3.54	$2,690
Dec 1996	365	767	23.32	—	$8,512
Nov 1996	182	913	21.97	—	$3,999
Oct 1996	180	473	23.31	—	$4,196
Sep 1996	179	952	22.22	—	$3,977
Aug 1996	0	905	20.26	—	$0
Jul 1996	0	960	19.55	—	$0
Jun 1996	352	934	18.73	—	$6,593
May 1996	177	1,049	19.43	—	$3,439
Apr 1996	181	973	21.51	—	$3,893
Mar 1996	2	1,024	19.38	—	$39
Feb 1996	358	909	16.98	—	$6,079
Jan 1996	185	821	17.07	—	$3,158
Dec 1995	0	579	17.19	—	$0
Nov 1995	181	830	16.00	—	$2,896
Oct 1995	175	898	15.43	—	$2,700
Sep 1995	0	866	16.18	—	$0
Aug 1995	183	946	15.92	—	$2,913
Jul 1995	180	795	15.24	—	$2,743
Jun 1995	185	978	16.41	—	$3,036
May 1995	176	972	17.56	—	$3,091
Apr 1995	0	957	17.73	—	$0
Mar 1995	181	982	16.44	—	$2,976
Feb 1995	363	924	16.58	—	$6,019
Jan 1995	189	1,075	15.92	—	$3,009
Dec 1994	181	1,378	15.03	—	$2,720
Nov 1994	184	1,369	15.90	—	$2,926
Oct 1994	366	1,229	15.58	—	$5,702
Sep 1994	0	1,104	15.29	—	$0
Aug 1994	182	1,126	16.13	—	$2,936
Jul 1994	0	906	17.56	—	$0
Jun 1994	182	1,133	17.09	—	$3,110
May 1994	367	1,413	15.88	—	$5,828
Apr 1994	187	1,467	14.14	—	$2,644
Mar 1994	0	1,497	12.46	—	$0
Feb 1994	183	1,273	12.50	—	$2,288
Jan 1994	182	1,406	12.66	—	$2,304
Dec 1993	363	1,430	12.33	—	$4,476
Nov 1993	180	1,491	14.49	—	$2,608
Oct 1993	0	1,586	15.85	—	$0
Sep 1993	183	1,337	15.03	—	$2,750
Aug 1993	182	1,520	15.66	—	$2,850
Jul 1993	177	1,511	15.46	—	$2,736
Jun 1993	361	1,474	16.79	—	$6,061
May 1993	182	1,467	17.68	—	$3,218
Apr 1993	0	1,434	18.05	—	$0
Mar 1993	188	1,447	18.14	—	$3,410
Feb 1993	357	1,349	17.90	—	$6,390
Jan 1993	184	1,422	16.93	—	$3,115

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.

Sep 2005 — as filed, then multipliedworked

Oil                  108 bbl  × $ 61.45 =     $6,637
Casinghead gas         0 Mcf  × $ 12.08 =         $0

────────────────────────────────────────────────────
Month total                                   $6,637

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/9196 is the state's own key, not one this site invented.