SMITH, C. J.
SMITH, C. J. is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by Drum, R. L. Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 42,008 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 $2K, with roughly $468 expected over the next twelve months.
| Operator | Drum, R. L. Inc. |
|---|---|
| Field | Varel (Glorieta) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 60686 |
| Wellbores | 4 |
| Reported production | 42,008 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $2K |
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.