NED SMITH UNIT

Operated by ESTANCIA OIL & GAS, LLC (P-5 254455) in the REO (JO MILL, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 66532District 8AField 76043500OilCasinghead gasSaveExport
Value, all time
$10.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$199 k
at the published price for each month
Months reported
401
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 14 leases and 62 wells, and the rule below applies to all of them.

Discovered
1980-11-11
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. The field rule took effect on 1982-11-08.

The Commission's schedule remark for this field reads: BORDEN (SPRABERRY) CONS. INTO THIS FLD. 8-01-90 8A-95026

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
OilDisposition272,066 bbl$10,392,497
Casinghead gasProduction68,925 Mcf$126,168
Total$10,518,665

41,024 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 (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 32.8470, -101.6145. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.84692, -101.61370 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
7,490 ft
4 wells filed one
Completion to plug
33.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 7,480 and 7,600 ft, median 7,490 ft, over the 4 wells that filed a depth.

Completions filed
Dec 1981 – Jun 2021
4 of 4 wells
Plug dates filed
Jan 2015
1 of 4 wells; 3 filed none

Last completion to plug: a median of 33.1 years across the 1 well that filed both dates, with the middle half between 33.1 years and 33.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-0333007417,600 ftJun 2021
42-033309073A7,480 ftMar 1984
42-0333080547,480 ftDec 1982
42-0333066527,500 ftDec 1981Jan 2015Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 2026351098.932.87$34,724
Mar 2026540089.753.15$48,465
Feb 20260063.503.75$0
Jan 2026320059.138.00$18,922
Dec 2025172056.664.41$9,746
Nov 2025368058.593.93$21,561
Oct 2025355059.383.30$21,080
Sep 2025341062.743.08$21,394
Aug 2025174063.933.01$11,124
Jul 2025175066.743.32$11,680
Jun 20250066.483.13$0
May 2025151060.553.23$9,143
Apr 20250062.363.54$0
Mar 2025175067.704.27$11,848
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024702069.052.20$48,473
Oct 20240071.372.28$0
Sep 2024533069.612.36$37,102
Aug 20240075.632.06$0
Jul 2024167079.932.15$13,348
Jun 2024358078.082.63$27,953
May 2024353078.812.20$27,820
Apr 2024356084.451.66$30,064
Mar 2024362080.301.55$29,069
Feb 2024537076.091.78$40,860
Jan 20240073.023.30$0
Dec 2023361071.262.61$25,725
Nov 2023365077.892.81$28,430
Oct 2023179085.443.09$15,294
Sep 2023176089.042.74$15,671
Aug 2023332080.522.67$26,733
Jul 2023360074.852.64$26,946
Jun 2023353068.962.26$24,343
May 2023342070.622.23$24,152
Apr 2023361078.122.24$28,201
Mar 2023541072.852.39$39,412
Feb 2023542075.112.47$40,710
Jan 2023364076.533.39$27,857
Dec 2022363076.415.73$27,737
Nov 2022360085.005.65$30,600
Oct 2022356087.185.86$31,036
Sep 2022355084.888.16$30,132
Aug 2022359094.529.13$33,933
Jul 20223540101.587.54$35,959
Jun 20223540115.097.98$40,742
May 20223550109.378.43$38,826
Apr 20223570104.226.84$37,207
Mar 20223550108.885.08$38,652
Feb 2022181091.054.86$16,480
Jan 2022356081.844.54$29,135
Dec 2021360071.323.90$25,675
Nov 2021530077.435.24$41,038
Oct 2021348079.795.71$27,767
Sep 2021353069.865.35$24,661
Aug 2021353066.024.22$23,305
Jul 2021353070.783.98$24,985
Jun 2021357069.493.38$24,808
May 2021534063.483.02$33,898
Apr 2021358060.362.76$21,609
Mar 2021357061.302.72$21,884
Feb 2021335057.805.55$19,363
Jan 2021358050.412.81$18,047
Dec 2020535044.642.68$23,882
Nov 2020179038.772.71$6,940
Oct 2020540036.972.48$19,964
Sep 2020356037.091.99$13,204
Aug 2020353039.982.39$14,113
Jul 2020350038.371.83$13,430
Jun 2020178034.901.69$6,212
May 20200016.921.81$0
Apr 2020365014.751.80$5,384
Mar 2020535030.341.86$16,232
Feb 2020361049.881.98$18,007
Jan 2020538057.252.09$30,801
Dec 2019365059.012.30$21,539
Nov 2019341055.302.75$18,857
Oct 2019179053.472.42$9,571
Sep 2019529055.052.66$29,121
Aug 2019176053.112.30$9,347
Jul 2019529056.272.46$29,767
Jun 2019527052.782.49$27,815
May 2019538058.482.74$31,462
Apr 2019540062.632.75$33,820
Mar 2019544056.803.06$30,899
Feb 2019346050.852.79$17,594
Jan 2019525046.033.23$24,166
Dec 2018175046.594.19$8,153
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018178065.142.93$11,595
Jun 2018173060.183.08$10,411
May 2018354065.382.90$23,145
Apr 2018179063.842.90$11,427
Mar 2018185061.222.79$11,326
Feb 2018365061.782.77$22,550
Jan 2018183062.874.01$11,505
Dec 2017366057.272.92$20,961
Nov 2017184055.423.12$10,197
Oct 2017154049.292.98$7,591
Sep 2017179047.523.09$8,506
Aug 2017183045.373.00$8,303
Jul 2017359043.873.09$15,749
Jun 2017364042.493.09$15,466
May 2017178045.373.26$8,076
Apr 2017361047.933.21$17,303
Mar 2017184046.772.98$8,606
Feb 2017183050.452.95$9,232
Jan 2017356049.413.42$17,590
Dec 2016179048.763.72$8,728
Nov 2016332042.492.64$14,107
Oct 2016357046.193.09$16,490
Sep 2016359041.553.10$14,916
Aug 2016535041.442.92$22,170
Jul 2016179041.622.92$7,450
Jun 2016353045.352.69$16,009
May 2016532042.521.99$22,621
Apr 2016360036.561.99$13,162
Mar 2016356033.011.79$11,752
Feb 2016370026.472.06$9,794
Jan 2016368027.352.36$10,065
Dec 2015361032.362.00$11,682
Nov 2015542038.792.17$21,024
Oct 2015356043.552.43$15,504
Sep 2015347042.992.76$14,918
Aug 2015348040.162.87$13,976
Jul 2015517048.152.95$24,894
Jun 2015545056.152.88$30,602
May 2015351055.212.96$19,379
Apr 2015359049.822.71$17,885
Mar 2015552042.892.93$23,675
Feb 20150044.662.98$0
Jan 2015305043.433.10$13,246
Dec 2014528054.693.59$28,876
Nov 2014360070.464.25$25,366
Oct 2014350078.303.90$27,405
Sep 2014544086.164.05$46,871
Aug 2014353089.394.04$31,555
Jul 2014542096.564.18$52,336
Jun 2014519098.164.74$50,945
May 2014363094.734.73$34,387
Apr 2014378095.944.81$36,265
Mar 2014552095.895.06$52,931
Feb 2014170097.406.19$16,558
Jan 2014183090.404.86$16,543
Dec 2013178091.824.35$16,344
Nov 2013176088.853.74$15,638
Oct 2013177097.423.78$17,243
Sep 20131770104.113.72$18,427
Aug 20133600104.253.52$37,530
Jul 20135380102.523.72$55,156
Jun 2013343094.403.93$32,379
May 2013180094.834.15$17,069
Apr 2013528093.964.28$49,611
Mar 2013531093.623.91$49,712
Feb 2013177091.233.42$16,148
Jan 2013540091.603.42$49,464
Dec 2012360086.773.42$31,237
Nov 2012541086.953.62$47,040
Oct 2012350089.383.40$31,283
Sep 2012350094.672.92$33,135
Aug 2012175092.662.91$16,216
Jul 2012539085.133.02$45,885
Jun 2012177079.822.52$14,128
May 2012358091.612.49$32,796
Apr 20123580101.652.00$36,391
Mar 20125390105.052.22$56,622
Feb 20125390101.102.57$54,493
Jan 2012178098.092.73$17,460
Dec 2011173096.873.24$16,759
Nov 2011190095.723.31$18,187
Oct 2011530084.983.65$45,039
Sep 2011179083.623.99$14,968
Aug 2011358083.404.15$29,857
Jul 2011535094.144.52$50,365
Jun 2011364092.904.64$33,816
May 2011359098.134.40$35,229
Apr 20115360105.964.33$56,795
Mar 2011186096.364.06$17,923
Feb 20110085.644.18$0
Jan 2011755086.504.59$65,308
Dec 2010180085.734.35$15,431
Nov 2010544080.843.80$43,977
Oct 2010350078.103.51$27,335
Sep 2010354072.633.98$25,711
Aug 2010533073.684.42$39,271
Jul 2010526072.554.74$38,161
Jun 2010355070.364.91$24,978
May 20106962971.124.24$49,622
Apr 201005481.694.12$223
Mar 20105315178.394.39$41,849
Feb 20103606273.585.44$26,826
Jan 20105347474.365.96$40,150
Dec 20093597171.445.48$26,036
Nov 20093633274.593.75$27,196
Oct 20093536872.544.11$25,886
Sep 20095233965.543.06$34,397
Aug 20093538067.423.22$24,057
Jul 20095348361.133.46$32,931
Jun 20093575566.163.90$23,833
May 20095215054.743.93$28,716
Apr 20095276446.773.59$24,877
Mar 2009534042.144.06$22,503
Feb 20093604532.814.63$12,020
Jan 20091783835.865.37$6,587
Dec 20083432737.105.98$12,887
Nov 20083648255.496.86$20,761
Oct 200871512675.246.92$54,669
Sep 2008697103101.767.88$71,738
Aug 200853393114.228.48$61,668
Jul 2008536117131.0811.39$71,591
Jun 2008535101131.3313.03$71,578
May 200871141123.1711.57$88,048
Apr 200851977110.3110.45$58,056
Mar 200833864101.909.66$35,061
Feb 20081794392.538.77$16,940
Jan 20083632790.388.21$33,029
Dec 20075385388.337.30$47,909
Nov 20075416791.677.29$50,082
Oct 200752810182.856.92$44,444
Sep 200771110175.846.24$54,553
Aug 200751912169.066.39$36,615
Jul 20073599270.906.39$26,041
Jun 200789310162.007.55$56,128
May 200735510558.747.85$21,677
Apr 200771610559.617.81$43,500
Mar 20073577256.927.30$20,846
Feb 20075418055.108.22$30,466
Jan 200754112450.306.73$28,046
Dec 200690714056.656.92$52,350
Nov 200636111154.207.62$20,412
Oct 20067149754.906.01$39,782
Sep 200653912660.085.04$33,018
Aug 200668815768.717.34$48,425
Jul 200651317269.376.34$36,678
Jun 200671216466.286.38$48,238
May 200640411166.016.42$27,381
Apr 200675014764.397.36$49,374
Mar 200652311156.707.08$30,440
Feb 200659810457.597.75$35,245
Jan 200653011960.598.93$33,176
Dec 200554114054.9413.42$31,601
Nov 200570118554.6910.59$40,297
Oct 200588322458.3413.80$54,604
Sep 200572622261.4512.08$47,294
Aug 200589020761.519.80$56,772
Jul 200586919255.697.84$49,901
Jun 200571216152.337.38$38,447
May 20055369845.226.65$24,890
Apr 200590013049.207.36$45,237
Mar 20057098450.377.15$36,313
Feb 20053623845.226.31$16,609
Jan 20053656143.166.32$16,139
Dec 20041,22820639.866.75$50,339
Nov 200436016545.286.33$17,345
Oct 200453319149.706.52$27,734
Sep 200472910143.245.28$32,056
Aug 200470826842.375.55$31,486
Jul 200471419838.286.08$28,537
Jun 20041,05823636.106.43$39,712
May 200468816937.486.49$26,884
Apr 200453810234.475.86$19,142
Mar 200486621434.365.53$30,939
Feb 200487716732.455.51$29,379
Jan 200453913832.036.30$18,134
Dec 200370714330.266.30$22,295
Nov 200388918828.804.60$26,467
Oct 200398220928.174.76$28,658
Sep 200371021626.314.75$19,706
Aug 20031,05919329.765.13$32,506
Jul 200370823129.415.17$22,017
Jun 20031,12820228.565.98$33,424
May 200385420026.595.97$23,902
Apr 200384321426.675.41$23,640
Mar 200384418431.146.10$27,404
Feb 200380420733.487.93$28,559
Jan 200339513030.315.58$12,698
Dec 20021,20414126.914.85$33,084
Nov 200259317224.664.14$15,335
Oct 200279517426.464.23$21,772
Sep 200275620327.443.64$21,483
Aug 20021,18924925.963.16$31,654
Jul 20021,13320824.583.06$28,486
Jun 200272411023.733.34$17,548
May 200279715424.663.58$20,206
Apr 200267914223.653.51$16,557
Mar 20021,39720722.003.10$31,376
Feb 200280519918.222.38$15,140
Jan 20021,76526717.172.38$30,939
Dec 20011,19925716.932.36$20,907
Nov 200158015218.072.41$10,846
Oct 200197813619.782.53$19,689
Sep 200198014224.262.25$24,094
Aug 200197315124.873.05$24,660
Jul 20011,15821723.933.20$28,405
Jun 20011,16724724.563.82$29,606
May 200179717125.524.31$21,076
Apr 200158818224.685.34$15,483
Mar 20011,38519624.545.38$35,042
Feb 20011,16023927.755.77$33,568
Jan 200178415527.478.40$22,838
Dec 20001,16416326.889.12$32,775
Nov 20001,15822632.215.66$38,578
Oct 20001,37923831.235.15$44,291
Sep 20001,90227331.875.19$62,033
Aug 200069619829.644.54$21,529
Jul 20001,03721728.534.09$30,473
Jun 20001,02624029.304.40$31,117
May 20001,03021027.263.68$28,851
Apr 20001,19122824.513.12$29,902
Mar 20001,19522028.422.86$34,591
Feb 20001,17022227.622.73$32,921
Jan 20001,22224025.272.48$31,475
Dec 19991,03621524.282.42$25,675
Nov 19991,58328423.192.43$37,401
Oct 19991,23824320.982.80$26,655
Sep 19991,05621821.752.62$23,539
Aug 19991,57729219.262.88$31,213
Jul 19991,59332917.892.37$29,279
Jun 19991,20321315.942.36$19,679
May 19991,37427515.792.32$22,334
Apr 19991,20130715.102.21$18,813
Mar 19991,73029912.471.84$22,123
Feb 19991,0322479.981.82$10,748
Jan 19991,70529010.381.90$18,249
Dec 19981,0232279.201.77$9,814
Nov 19981,28621610.892.19$14,477
Oct 19981,60623212.421.97$20,403
Sep 19981,22325512.592.08$15,929
Aug 19981,03724011.301.91$12,176
Jul 19981,37022211.742.24$16,580
Jun 19981,04518911.242.24$12,169
May 19981,46019812.622.21$18,862
Apr 19981,23120613.042.51$16,568
Mar 199890619212.802.31$12,040
Feb 19981,29120713.952.30$18,485
Jan 19981,07526214.702.15$16,367
Dec 19971,30922116.322.41$21,896
Nov 19971,24724718.193.09$23,446
Oct 19971,53222919.253.15$30,212
Sep 19971,41527917.742.95$25,927
Aug 19971,70829017.862.55$31,246
Jul 19971,34730117.582.25$24,357
Jun 19971,71429717.242.26$30,220
May 19971,86044918.972.31$36,321
Apr 19972,60745317.882.08$47,557
Mar 19971,74543618.951.94$33,913
Feb 19972,14852920.492.21$45,179
Jan 19972,73147523.483.54$65,805
Dec 19962,87761023.32$67,092
Nov 19962,74853121.97$60,374
Oct 19962,85856523.31$66,620
Sep 19962,62057922.22$58,216
Aug 19963,14759420.26$63,758
Jul 19963,11460819.55$60,879
Jun 19962,06238918.73$38,621
May 19961,98252619.43$38,510
Apr 19962,41541421.51$51,947
Mar 19962,88145819.38$55,834
Feb 19963,13552716.98$53,232
Jan 19962,75146617.07$46,960
Dec 19951,28136317.19$22,020
Nov 19951,10334016.00$17,648
Oct 199590343815.43$13,933
Sep 19951,27955616.18$20,694
Aug 19951,10751915.92$17,623
Jul 199591464615.24$13,929
Jun 19951,08557916.41$17,805
May 19951,09569117.56$19,228
Apr 199589981317.73$15,939
Mar 199562956516.44$10,341
Feb 199590770916.58$15,038
Jan 199588676615.92$14,105
Dec 199470681215.03$10,611
Nov 199489073215.90$14,151
Oct 199454255715.58$8,444
Sep 199490069715.29$13,761
Aug 199488781116.13$14,307
Jul 199469788617.56$12,239
Jun 19941,06893817.09$18,252
May 199489577815.88$14,213
Apr 199490398814.14$12,768
Mar 19941,0841,01712.46$13,507
Feb 19949021,08012.50$11,275
Jan 19941,0921,19712.66$13,825
Dec 19937091,12312.33$8,742
Nov 199391095714.49$13,186
Oct 19939061,30915.85$14,360
Sep 19938441,37315.03$12,685
Aug 19931,0631,57415.66$16,647
Jul 19935431,13315.46$8,395
Jun 19937241,57316.79$12,156
May 19938751,68717.68$15,470
Apr 19931,0891,69218.05$19,656
Mar 19939011,55418.14$16,344
Feb 19937141,54817.90$12,781
Jan 19931,0151,75616.93$17,184

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 2026 — as filed, then multipliedworked
Oil                  351 bbl  × $ 98.93 =    $34,724
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $34,724

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/66532 is the state's own key, not one this site invented.