SMITH MARY V.
SMITH MARY V. is a Texas gas lease in Palo Pinto County, Railroad Commission district 7B, operated by Keating Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 248,973 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $32K, with roughly $9K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 409 thousand cubic feet a month. Its strongest month on the record we hold was October 2020, at 1,646 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about SMITH MARY V.
- Who operates SMITH MARY V.?
- SMITH MARY V. is operated by Keating Energy, Inc., Railroad Commission of Texas operator number 453142.
- Where is SMITH MARY V.?
- SMITH MARY V. is a Texas gas lease in Palo Pinto County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 068648.
- Is SMITH MARY V. still producing?
- SMITH MARY V. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH MARY V. is August 2026.
- How much has SMITH MARY V. produced?
- SMITH MARY V. has reported 248,973 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SMITH MARY V. worth?
- The remaining production from SMITH MARY V. is estimated to be worth about $32K in total as of 26 August 2026, within a range of $25K to $39K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH MARY V. is a fraction of it. The estimate fits an Arps decline curve to the production SMITH MARY V. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH MARY V. is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH MARY V. generate in a year?
- SMITH MARY V. is forecast to net about $9K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SMITH MARY V. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Keating Energy, Inc. |
|---|---|
| Field | O'Laughlin (4000) |
| County | Palo Pinto County, Texas |
| RRC district | 7B |
| Lease number | 068648 |
| Wellbores | 1 |
| Reported production | 248,973 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $32K |
Where SMITH MARY V. sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.