SMITH (R)
SMITH (R) is a Texas oil lease in Bexar County, Railroad Commission district 01, operated by Drachen Oil Company. It has 9 wellbores on file with the Commission. Reported production runs from November 2003 to August 2026, totalling 10,503 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $3K, with roughly $501 expected over the next twelve months.
| Operator | Drachen Oil Company |
|---|---|
| Field | Fairfield |
| County | Bexar County, Texas |
| RRC district | 01 |
| Lease number | 14478 |
| Wellbores | 9 |
| Reported production | 10,503 bbl |
| First reported | November 2003 |
| Last reported | August 2026 |
| Estimated royalty value | $3K |
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.