WELLS SMOOT
WELLS SMOOT is a Texas gas lease in Carson County, Railroad Commission district 10, operated by Hugoton Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,115,601 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 $123K, with roughly $24K 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 968 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 2,396 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 WELLS SMOOT
- Who operates WELLS SMOOT?
- WELLS SMOOT is operated by Hugoton Energy Corporation, Railroad Commission of Texas operator number 412175.
- Where is WELLS SMOOT?
- WELLS SMOOT is a Texas gas lease in Carson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 024316.
- Is WELLS SMOOT still producing?
- WELLS SMOOT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WELLS SMOOT is August 2026.
- How much has WELLS SMOOT produced?
- WELLS SMOOT has reported 1,115,601 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is WELLS SMOOT worth?
- The remaining production from WELLS SMOOT is estimated to be worth about $123K in total as of 26 August 2026, within a range of $96K to $151K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WELLS SMOOT is a fraction of it. The estimate fits an Arps decline curve to the production WELLS SMOOT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WELLS SMOOT is an estimate of value, not an offer and not an appraisal.
- How much income does WELLS SMOOT generate in a year?
- WELLS SMOOT is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WELLS SMOOT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hugoton Energy Corporation |
|---|---|
| Field | Panhandle, West |
| County | Carson County, Texas |
| RRC district | 10 |
| Lease number | 024316 |
| Wellbores | 1 |
| Reported production | 1,115,601 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $123K |
Where WELLS SMOOT 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.