SMART, A. B.

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

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the WASSON (WICHITA ALBANY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18779District 8AField 95397600Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$746 k

Jan 1993 – Jan 2007

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

169

no gaps in the span

Streams

oil, casinghead gas

The WASSON (WICHITA ALBANY) 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 22 leases and 85 wells, and the rule below applies to all of them.

Discovered

1960-08-17

as the register files it

Field class

Oil

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-04-24.

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.

The Commission's schedule remark for this field reads: “DENSITY RULES.”

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	34,930 bbl	$710,714
Casinghead gas	Production	16,560 Mcf	$35,579
Total			$746,293

6,456 Mcf of this lease's gas, across 43 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 (4)

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 32.9733, -102.8589. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.97264, -102.85780 · 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%

4 of 4 wells

With a plug date

100.0%

4 of 4 wells

Median depth

8,750 ft

4 wells filed one

Completion to plug

11.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

4100.0%

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

4100.0%

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 8,725 and 8,810 ft, median 8,750 ft, over the 4 wells that filed a depth.

Completions filed

May 1989

1 of 4 wells; 3 filed none

Plug dates filed

Jan 1981 – Dec 2005

4 of 4 wells

Last completion to plug: a median of 11.3 years across the 1 well that filed both dates, with the middle half between 11.3 years and 11.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-50110263	14 H	8,750 ft	—	Jan 1981	Yes
42-50110265	16 J	8,810 ft	—	Dec 2005	Yes
42-50110266	17	8,725 ft	—	Apr 1985	Yes
42-50110264	15	8,750 ft	May 1989	Aug 2000	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 (169)

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

169 months


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	168	0	57.59	7.75	$9,675
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	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	39	52.33	7.38	$288
May 2005	0	3	45.22	6.65	$20
Apr 2005	178	2	49.20	7.36	$8,772
Mar 2005	0	2	50.37	7.15	$14
Feb 2005	176	1	45.22	6.31	$7,965
Jan 2005	0	30	43.16	6.32	$190
Dec 2004	0	86	39.86	6.75	$581
Nov 2004	0	82	45.28	6.33	$519
Oct 2004	179	149	49.70	6.52	$9,867
Sep 2004	0	124	43.24	5.28	$655
Aug 2004	0	130	42.37	5.55	$722
Jul 2004	178	119	38.28	6.08	$7,538
Jun 2004	174	123	36.10	6.43	$7,073
May 2004	0	145	37.48	6.49	$942
Apr 2004	353	130	34.47	5.86	$12,930
Mar 2004	0	122	34.36	5.53	$675
Feb 2004	0	98	32.45	5.51	$540
Jan 2004	0	147	32.03	6.30	$926
Dec 2003	0	137	30.26	6.30	$863
Nov 2003	351	140	28.80	4.60	$10,752
Oct 2003	0	161	28.17	4.76	$766
Sep 2003	0	145	26.31	4.75	$689
Aug 2003	0	62	29.76	5.13	$318
Jul 2003	351	201	29.41	5.17	$11,362
Jun 2003	0	151	28.56	5.98	$903
May 2003	515	111	26.59	5.97	$14,357
Apr 2003	179	136	26.67	5.41	$5,509
Mar 2003	0	53	31.14	6.10	$323
Feb 2003	0	9	33.48	7.93	$71
Jan 2003	182	45	30.31	5.58	$5,768
Dec 2002	181	91	26.91	4.85	$5,312
Nov 2002	360	105	24.66	4.14	$9,312
Oct 2002	182	134	26.46	4.23	$5,382
Sep 2002	176	140	27.44	3.64	$5,338
Aug 2002	355	155	25.96	3.16	$9,706
Jul 2002	179	156	24.58	3.06	$4,877
Jun 2002	0	152	23.73	3.34	$507
May 2002	184	150	24.66	3.58	$5,075
Apr 2002	363	136	23.65	3.51	$9,063
Mar 2002	181	133	22.00	3.10	$4,395
Feb 2002	185	112	18.22	2.38	$3,637
Jan 2002	189	866	17.17	2.38	$5,302
Dec 2001	348	135	16.93	2.36	$6,211
Nov 2001	0	52	18.07	2.41	$125
Oct 2001	180	98	19.78	2.53	$3,808
Sep 2001	171	48	24.26	2.25	$4,257
Aug 2001	161	1	24.87	3.05	$4,007
Jul 2001	345	1	23.93	3.20	$8,259
Jun 2001	173	1	24.56	3.82	$4,253
May 2001	183	1	25.52	4.31	$4,674
Apr 2001	359	1	24.68	5.34	$8,865
Mar 2001	180	1	24.54	5.38	$4,423
Feb 2001	354	1	27.75	5.77	$9,829
Jan 2001	179	1	27.47	8.40	$4,926
Dec 2000	181	1	26.88	9.12	$4,874
Nov 2000	359	0	32.21	5.66	$11,563
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	353	0	31.87	5.19	$11,250
Aug 2000	370	0	29.64	4.54	$10,967
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	356	0	29.30	4.40	$10,431
May 2000	360	65	27.26	3.68	$10,053
Apr 2000	374	121	24.51	3.12	$9,544
Mar 2000	178	102	28.42	2.86	$5,350
Feb 2000	185	0	27.62	2.73	$5,110
Jan 2000	379	13	25.27	2.48	$9,610
Dec 1999	189	46	24.28	2.42	$4,700
Nov 1999	0	98	23.19	2.43	$239
Oct 1999	564	142	20.98	2.80	$12,231
Sep 1999	0	63	21.75	2.62	$165
Aug 1999	367	18	19.26	2.88	$7,120
Jul 1999	181	73	17.89	2.37	$3,411
Jun 1999	372	136	15.94	2.36	$6,251
May 1999	733	122	15.79	2.32	$11,857
Apr 1999	0	106	15.10	2.21	$234
Mar 1999	0	100	12.47	1.84	$184
Feb 1999	601	93	9.98	1.82	$6,167
Jan 1999	0	88	10.38	1.90	$167
Dec 1998	177	104	9.20	1.77	$1,813
Nov 1998	182	101	10.89	2.19	$2,203
Oct 1998	188	54	12.42	1.97	$2,441
Sep 1998	365	147	12.59	2.08	$4,902
Aug 1998	177	131	11.30	1.91	$2,250
Jul 1998	357	89	11.74	2.24	$4,390
Jun 1998	184	89	11.24	2.24	$2,267
May 1998	354	111	12.62	2.21	$4,712
Apr 1998	171	126	13.04	2.51	$2,546
Mar 1998	180	135	12.80	2.31	$2,616
Feb 1998	372	112	13.95	2.30	$5,447
Jan 1998	188	246	14.70	2.15	$3,294
Dec 1997	377	125	16.32	2.41	$6,454
Nov 1997	181	119	18.19	3.09	$3,660
Oct 1997	373	148	19.25	3.15	$7,646
Sep 1997	369	158	17.74	2.95	$7,013
Aug 1997	360	152	17.86	2.55	$6,818
Jul 1997	0	173	17.58	2.25	$389
Jun 1997	370	131	17.24	2.26	$6,674
May 1997	383	135	18.97	2.31	$7,577
Apr 1997	356	152	17.88	2.08	$6,682
Mar 1997	374	178	18.95	1.94	$7,432
Feb 1997	0	104	20.49	2.21	$229
Jan 1997	378	143	23.48	3.54	$9,382
Dec 1996	169	151	23.32	—	$3,941
Nov 1996	326	1	21.97	—	$7,162
Oct 1996	364	0	23.31	—	$8,485
Sep 1996	348	0	22.22	—	$7,733
Aug 1996	179	0	20.26	—	$3,627
Jul 1996	181	0	19.55	—	$3,539
Jun 1996	358	11	18.73	—	$6,705
May 1996	183	132	19.43	—	$3,556
Apr 1996	339	0	21.51	—	$7,292
Mar 1996	337	23	19.38	—	$6,531
Feb 1996	365	46	16.98	—	$6,198
Jan 1996	182	156	17.07	—	$3,107
Dec 1995	370	146	17.19	—	$6,360
Nov 1995	347	173	16.00	—	$5,552
Oct 1995	179	180	15.43	—	$2,762
Sep 1995	367	184	16.18	—	$5,938
Aug 1995	340	188	15.92	—	$5,413
Jul 1995	10	149	15.24	—	$152
Jun 1995	326	149	16.41	—	$5,350
May 1995	347	115	17.56	—	$6,093
Apr 1995	367	105	17.73	—	$6,507
Mar 1995	376	118	16.44	—	$6,181
Feb 1995	0	126	16.58	—	$0
Jan 1995	359	152	15.92	—	$5,715
Dec 1994	366	155	15.03	—	$5,501
Nov 1994	369	163	15.90	—	$5,867
Oct 1994	342	149	15.58	—	$5,328
Sep 1994	0	184	15.29	—	$0
Aug 1994	354	186	16.13	—	$5,710
Jul 1994	368	184	17.56	—	$6,462
Jun 1994	354	192	17.09	—	$6,050
May 1994	367	161	15.88	—	$5,828
Apr 1994	378	170	14.14	—	$5,345
Mar 1994	0	172	12.46	—	$0
Feb 1994	377	141	12.50	—	$4,713
Jan 1994	360	164	12.66	—	$4,558
Dec 1993	358	169	12.33	—	$4,414
Nov 1993	388	166	14.49	—	$5,622
Oct 1993	342	189	15.85	—	$5,421
Sep 1993	0	187	15.03	—	$0
Aug 1993	347	196	15.66	—	$5,434
Jul 1993	352	213	15.46	—	$5,442
Jun 1993	332	194	16.79	—	$5,574
May 1993	371	210	17.68	—	$6,559
Apr 1993	356	159	18.05	—	$6,426
Mar 1993	346	150	18.14	—	$6,276
Feb 1993	355	128	17.90	—	$6,355
Jan 1993	359	169	16.93	—	$6,078

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 2006 — as filed, then multipliedworked

Oil                  168 bbl  × $ 57.59 =     $9,675
Casinghead gas         0 Mcf  × $  7.75 =         $0

────────────────────────────────────────────────────
Month total                                   $9,675

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. 8A/O/18779 is the state's own key, not one this site invented.