SMITH

Operated by BARRETT BROTHERS OIL & GAS, INC. (P-5 53106) in the TUCKER-WEST POINT (FUSSELMAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68741District 8AField 91642200OilSave
Value, all time
$2.2 M
Jan 2005 – Sep 2012
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
93
no gaps in the span
Streams
1
oil

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
OilDisposition36,351 bbl$2,220,246
Total$2,220,246

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 33.1269, -101.9850. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.12690, -101.98496 · 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
10,949 ft
2 wells filed one
Completion to plug
4.3 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 10,948 and 10,949 ft, median 10,949 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2005 – Jul 2005
2 of 2 wells
Plug dates filed
Oct 2006 – Apr 2012
2 of 2 wells

Last completion to plug: a median of 4.3 years across the 2 wells that filed both dates, with the middle half between 3.0 years and 5.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-30530456410,949 ftJul 2005Apr 2012Yes
42-30530455310,948 ftJan 2005Oct 2006Yes

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 (93)

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

93 months

Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20122101.652.00$203
Mar 20123105.052.22$315
Feb 2012141101.102.57$14,255
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 201113294.144.52$12,426
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 201135796.364.06$34,401
Feb 2011085.644.18$0
Jan 201117186.504.59$14,792
Dec 201017785.734.35$15,174
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 201036173.684.42$26,598
Jul 201036072.554.74$26,118
Jun 201017870.364.91$12,524
May 201035271.124.24$25,034
Apr 2010081.694.12$0
Mar 201072978.394.39$57,146
Feb 2010073.585.44$0
Jan 201017974.365.96$13,310
Dec 200918371.445.48$13,074
Nov 200917374.593.75$12,904
Oct 200936472.544.11$26,405
Sep 200918165.543.06$11,863
Aug 200935567.423.22$23,934
Jul 200935261.133.46$21,518
Jun 200917566.163.90$11,578
May 200917354.743.93$9,470
Apr 200918346.773.59$8,559
Mar 200931342.144.06$13,190
Feb 200935232.814.63$11,549
Jan 200917935.865.37$6,419
Dec 2008037.105.98$0
Nov 200836355.496.86$20,143
Oct 200817975.246.92$13,468
Sep 2008175101.767.88$17,808
Aug 2008356114.228.48$40,662
Jul 2008175131.0811.39$22,939
Jun 2008354131.3313.03$46,491
May 2008173123.1711.57$21,308
Apr 2008179110.3110.45$19,745
Mar 2008353101.909.66$35,971
Feb 200835992.538.77$33,218
Jan 2008090.388.21$0
Dec 200735988.337.30$31,710
Nov 200717991.677.29$16,409
Oct 200734682.856.92$28,666
Sep 200749975.846.24$37,844
Aug 200717669.066.39$12,155
Jul 200768270.906.39$48,354
Jun 2007062.007.55$0
May 200753558.747.85$31,426
Apr 200735359.617.81$21,042
Mar 200752656.927.30$29,940
Feb 200787655.108.22$48,268
Jan 2007050.306.73$0
Dec 200635156.656.92$19,884
Nov 200634754.207.62$18,807
Oct 200635154.906.01$19,270
Sep 200628660.085.04$17,183
Aug 200646668.717.34$32,019
Jul 200632869.376.34$22,753
Jun 200617866.286.38$11,798
May 200648366.016.42$31,883
Apr 200669864.397.36$44,944
Mar 200634456.707.08$19,505
Feb 2006057.597.75$0
Jan 200656460.598.93$34,173
Dec 200578254.9413.42$42,963
Nov 200578454.6910.59$42,877
Oct 200592158.3413.80$53,731
Sep 200575861.4512.08$46,579
Aug 20051,54061.519.80$94,725
Jul 200575155.697.84$41,823
Jun 200523352.337.38$12,193
May 20051,88145.226.65$85,059
Apr 20053,85449.207.36$189,617
Mar 20053,06050.377.15$154,132
Feb 20054,06945.226.31$184,000
Jan 2005043.166.32$0

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 2012 — as filed, then multipliedworked
Oil                    2 bbl  × $101.65 =       $203

────────────────────────────────────────────────────
Month total                                     $203

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/68741 is the state's own key, not one this site invented.