MONTY 48

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

Oil lease lease 70403District 8AField 55454666OilCasinghead gasSaveExport
Value, all time
$1.9 M
Dec 2015 – Jun 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
67
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 11 leases and 13 wells, and the rule below applies to all of them.

Discovered
1954-03-13
as the register files it
Field class
Oil
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 80 acres.

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
OilDisposition40,459 bbl$1,839,413
Casinghead gasProduction37,288 Mcf$101,804
Total$1,941,217

Wells on this lease (1)

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 32.6920, -101.6370. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.69204, -101.63696 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,560 ft
1 wells filed one
Completion to plug
20 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 8,560 ft.

Completions filed
Mar 2019
1 of 1 wells
Plug dates filed
Nov 2020
1 of 1 wells

Last completion to plug: a median of 20 months across the 1 well that filed both dates, with the middle half between 20 months and 20 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0333238718,560 ftMar 2019Nov 2020Yes

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 (67)

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

67 months

Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202019913230.341.86$6,283
Feb 202020127149.881.98$10,563
Jan 202020030857.252.09$12,095
Dec 201939917659.012.30$23,951
Nov 201920329355.302.75$12,032
Oct 201920233553.472.42$11,611
Sep 201919817055.052.66$11,352
Aug 201919923553.112.30$11,110
Jul 201920020456.272.46$11,756
Jun 201939321652.782.49$21,281
May 2019024658.482.74$674
Apr 201919814662.632.75$12,802
Mar 201905156.803.06$156
Feb 201938724850.852.79$20,371
Jan 201940231146.033.23$19,508
Dec 201820030046.594.19$10,574
Nov 201840232952.934.24$22,672
Oct 201840238661.443.40$26,011
Sep 201839147959.543.11$24,769
Aug 201839251159.403.07$24,852
Jul 201839045365.142.93$26,733
Jun 201839239760.183.08$24,812
May 201839348965.382.90$27,113
Apr 201839650163.842.90$26,734
Mar 201859557861.222.79$38,037
Feb 201839845061.782.77$25,833
Jan 201859755162.874.01$39,743
Dec 201736639057.272.92$22,100
Nov 201738544955.423.12$22,737
Oct 201777260249.292.98$39,848
Sep 201734962747.523.09$18,520
Aug 201794275645.373.00$45,010
Jul 201790172843.873.09$41,774
Jun 201798381142.493.09$44,271
May 20171,14293045.373.26$54,848
Apr 20171,1161,01047.933.21$56,734
Mar 20171,3191,19346.772.98$65,249
Feb 201787466750.452.95$46,063
Jan 20171,14879949.413.42$59,454
Dec 201693681848.763.72$48,685
Nov 20161,31886442.492.64$58,287
Oct 20161,26267646.193.09$60,381
Sep 20161,4871,15541.553.10$65,366
Aug 20161,8301,53941.442.92$80,336
Jul 20162,2212,40741.622.92$99,477
Jun 20161,8301,90945.352.69$88,118
May 20163,4563,43542.521.99$153,788
Apr 20164,7474,34136.561.99$182,193
Mar 20169901,09033.011.79$34,635
Feb 20161,20660826.472.06$33,178
Jan 201655071827.352.36$16,740
Dec 20150032.362.00$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.

Mar 2020 — as filed, then multipliedworked
Oil                  199 bbl  × $ 30.34 =     $6,038
Casinghead gas       132 Mcf  × $  1.86 =       $245

────────────────────────────────────────────────────
Month total                                   $6,283

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/70403 is the state's own key, not one this site invented.