DAVENPORT

Operated by SMITH BROTHERS OIL & GAS, INC. (P-5 790179) in the DENNY (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 62774District 8AField 24296500NGPA filingOilCasinghead gasSaveExport
Value, all time
$340 k
Jan 1993 – Jan 2001
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
97
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 2 leases and 3 wells, and the rule below applies to all of them.

Discovered
1980-03-02
as the register files it
Field class
Oil
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.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

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.

StreamBasisVolumeValue
OilDisposition19,948 bbl$339,678
Casinghead gasProduction4,414 Mcf$654
Total$340,333

4,146 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 (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 32.8369, -101.3021. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.83688, -101.30208 · 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
8,271 ft
2 wells filed one
Completion to plug
20.0 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 8,081 and 8,460 ft, median 8,271 ft, over the 2 wells that filed a depth.

Completions filed
Mar 1980 – Mar 1981
2 of 2 wells
Plug dates filed
Sep 2000
2 of 2 wells

Last completion to plug: a median of 20.0 years across the 2 wells that filed both dates, with the middle half between 19.8 years and 20.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0333058724148,081 ftMar 1981Sep 2000Yes
42-0333055314148,460 ftMar 1980Sep 2000Yes

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 (97)

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

97 months

Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000397031.235.15$12,398
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000427.263.68$15
Apr 20000424.513.12$12
Mar 20000428.422.86$11
Feb 20000427.622.73$11
Jan 20000425.272.48$10
Dec 19990424.282.42$10
Nov 19990423.192.43$10
Oct 19990420.982.80$11
Sep 19990421.752.62$10
Aug 19990419.262.88$12
Jul 19990417.892.37$9
Jun 19990415.942.36$9
May 19990415.792.32$9
Apr 19990415.102.21$9
Mar 19990412.471.84$7
Feb 1999049.981.82$7
Jan 19990410.381.90$8
Dec 1998089.201.77$14
Nov 199801210.892.19$26
Oct 19981811912.421.97$2,285
Sep 199801112.592.08$23
Aug 19980111.301.91$2
Jul 19980511.742.24$11
Jun 19980511.242.24$11
May 19980112.622.21$2
Apr 19980413.042.51$10
Mar 19980112.802.31$2
Feb 19980413.952.30$9
Jan 19981832614.702.15$2,746
Dec 199702216.322.41$53
Nov 199701518.193.09$46
Oct 19971871219.253.15$3,638
Sep 19970217.742.95$6
Aug 199701717.862.55$43
Jul 19970117.582.25$2
Jun 19970017.242.26$0
May 199701218.972.31$28
Apr 19970117.882.08$2
Mar 19970518.951.94$10
Feb 199781520.492.21$1,671
Jan 199701123.483.54$39
Dec 19961491723.32$3,475
Nov 199602321.97$0
Oct 19964823.31$93
Sep 19961585522.22$3,511
Aug 19964987520.26$10,089
Jul 19965079219.55$9,912
Jun 199653410018.73$10,002
May 19965158819.43$10,006
Apr 19966539421.51$14,046
Mar 199651910119.38$10,058
Feb 19965379016.98$9,118
Jan 199671612417.07$12,222
Dec 199552711417.19$9,059
Nov 19953457816.00$5,520
Oct 199555212815.43$8,517
Sep 199550711916.18$8,203
Aug 199537110715.92$5,906
Jul 19951714015.24$2,606
Jun 19951765416.41$2,888
May 19957119717.56$12,485
Apr 19953598917.73$6,365
Mar 19955366216.44$8,812
Feb 19955179116.58$8,572
Jan 199553712315.92$8,549
Dec 19941856515.03$2,781
Nov 19945058215.90$8,030
Oct 19945239915.58$8,148
Sep 19947098515.29$10,841
Aug 19943639416.13$5,855
Jul 199454113617.56$9,500
Jun 19941764417.09$3,008
May 19945067615.88$8,035
Apr 19945475814.14$7,735
Mar 19941806612.46$2,243
Feb 199434510312.50$4,313
Jan 19945388912.66$6,811
Dec 19931823112.33$2,244
Nov 19935043014.49$7,303
Oct 19933323115.85$5,262
Sep 19933583015.03$5,381
Aug 19933703115.66$5,794
Jul 19933553115.46$5,488
Jun 199318912016.79$3,173
May 199339419017.68$6,966
Apr 199333815418.05$6,101
Mar 199317815318.14$3,229
Feb 19933387617.90$6,050
Jan 199316430316.93$2,777

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.

Oct 2000 — as filed, then multipliedworked
Oil                  397 bbl  × $ 31.23 =    $12,398
Casinghead gas         0 Mcf  × $  5.15 =         $0

────────────────────────────────────────────────────
Month total                                  $12,398

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/62774 is the state's own key, not one this site invented.