NOBLE "59"

Operated by SMITH ENERGY OPERATING COMPANY (P-5 790956) in the CY-JACK (LWCC) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 69944District 8AField 22588500OilCasinghead gasSaveExport
Value, all time
$1.4 M
Oct 2011 – Apr 2016
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
55
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 23 leases and 26 wells, and the rule below applies to all of them.

Discovered
2012-08-21
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 40 acres. The field rule took effect on 2014-05-01.

The Commission's schedule remark for this field reads: RECINDED AND STATEWIDE RULES IN EFFECT.

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
OilDisposition15,723 bbl$1,387,737
Casinghead gasProduction5,535 Mcf$19,504
Total$1,407,241

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 33.0925, -102.5242. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

33.09248, -102.52424 · 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
12,264 ft
2 wells filed one
Completion to plug
3.3 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 12,228 and 12,300 ft, median 12,264 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2011 – Mar 2012
2 of 2 wells
Plug dates filed
Jul 2014 – Feb 2016
2 of 2 wells

Last completion to plug: a median of 3.3 years across the 2 wells that filed both dates, with the middle half between 3.1 years and 3.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-44532310212,300 ftMar 2012Feb 2016Yes
42-445322921R12,228 ftOct 2011Jul 2014Yes

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 (55)

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

55 months

Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201534032.362.00$1,100
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20152969640.162.87$12,163
Jul 2015011348.152.95$333
Jun 201519711856.152.88$11,402
May 201519812755.212.96$11,307
Apr 201519910849.822.71$10,206
Mar 201520112242.892.93$8,979
Feb 20151989344.662.98$9,119
Jan 201509843.433.10$304
Dec 201420111854.693.59$11,416
Nov 201430112270.464.25$21,727
Oct 201420211678.303.90$16,269
Sep 201420211586.164.05$17,870
Aug 201439412989.394.04$35,740
Jul 201417812796.564.18$17,718
Jun 201416314098.164.74$16,663
May 201415813094.734.73$15,582
Apr 201416012995.944.81$15,971
Mar 201432214395.895.06$31,600
Feb 201431812597.406.19$31,747
Jan 201432814590.404.86$30,356
Dec 201331113491.824.35$29,140
Nov 20133232788.853.74$28,799
Oct 20133353497.423.78$32,764
Sep 201332931104.113.72$34,367
Aug 201364530104.253.52$67,347
Jul 20130113102.523.72$420
Jun 20133268294.403.93$31,097
May 201316315094.834.15$16,080
Apr 201332115393.964.28$30,816
Mar 201350915793.623.91$48,267
Feb 201348316691.233.42$44,632
Jan 201332317491.603.42$30,182
Dec 201249718086.773.42$43,740
Nov 201250214886.953.62$44,185
Oct 2012332089.383.40$29,674
Sep 2012323094.672.92$30,578
Aug 2012655092.662.91$60,692
Jul 201267014085.133.02$57,460
Jun 20128501,40279.822.52$71,379
May 20121,401091.612.49$128,346
Apr 20121,0730101.652.00$109,070
Mar 20122130105.052.22$22,376
Feb 20123500101.102.57$35,385
Jan 2012539098.092.73$52,871
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$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.

Dec 2015 — as filed, then multipliedworked
Oil                   34 bbl  × $ 32.36 =     $1,100
Casinghead gas         0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                   $1,100

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/69944 is the state's own key, not one this site invented.