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Texas oil lease

Producing

SMITH, WM. FEE

Smith, WM. Fee is an oil lease in Liberty County, Texas, operated by Quail Creek Oil Corporation in the Hull field.

2 wells

2,485bbl oil, last 12 months−13% vs prior year
Operator
Quail Creek Oil Corporation
County
Liberty County
Field
Hull
RRC lease
03-02324

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Where it sits

This county

Liberty CountyLibertySan JacintoChambersHardinJasperJeffersonMontgomeryTylerHarrisPolkLiberty County
Liberty County
Gas, last 12 months
3,361 mcf
Oil in Jul 2026
169 bbl

Production by month

Oil output fell 13% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for SMITH, WM. FEE, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 2,485 bbl in the 12 months through Jul 2026, against 2,850 bbl in the 12 months before.Last 12 months: 2,485 bblbbl per monthmcf per month00100200200400300600400800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for SMITH, WM. FEE, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 2,485 bbl in the 12 months through Jul 2026, against 2,850 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100200200400300600400800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuelShare of SMITH, WM. FEE gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuelShare of SMITH, WM. FEE gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Jul 26: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    62% · 2,071 mcf

  • Processing plant (3)

    38% · 1,290 mcf

2 wells on this lease

Wells on SMITH, WM. FEE
API numberWell no.Status
42-291-017631Active
42-291-020131ATActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Martin Crude Marketing Co.OilGathers100Jan 1, 2025–
Quail Creek Oil CorporationCasinghead gasBuys100Jun 4, 2010–
Quail Creek Oil CorporationCasinghead gasGathers100Mar 1, 2005–
Gulfmark Energy, Inc.OilGathers100Aug 1, 2023Jan 1, 2025
Energy Trans Crude Marketing LLCOilGathers100Dec 1, 2022Aug 1, 2023
Ace Gathering, Inc.OilGathers100Apr 23, 2020Dec 1, 2022
Enterprise Crude Oil LLCOilGathers100Mar 1, 2018Apr 23, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

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What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Smith, WM. Fee
API numberWell no.Acreson the permit
42-291-017631–
42-291-017642–
42-291-020131AT–
42-291-8075219–

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for SMITH, WM. FEE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261691712981570$80.46$2.89
Jun 20262142042841190$84.81$3.15
May 20262162353812020$102.13$2.94
Apr 20262062223101260$100.32$2.77
Mar 2026195205248630$91.38$3.04
Feb 2026319289300520$64.51$3.62
Jan 2026234207185220$60.04$7.72
Dec 2025120133158390$57.97$4.26
Nov 2025189200240820$60.06$3.79
Oct 20253123033721350$60.89$3.19
Sep 20251731412711330$63.96$2.97
Aug 20251381823141600$64.86$2.91
Jul 20251771965002790$68.39$3.20
Jun 20252742117424650$68.17$3.02
May 20251502205173220$62.17$3.12
Apr 20253363107324780$63.54$3.42
Mar 20252412386454160$68.24$4.12
Feb 20252252485733750$71.53$4.19
Jan 20252512335933890$75.74$4.13
Dec 20243613477975340$70.12$3.01
Nov 20242392585353160$69.95$2.12
Oct 20242832785803490$71.99$2.20
Sep 20242912454312650$70.24$2.28
Aug 20242244132750$76.68$1.99
Jul 20241661814622640$81.80$2.07
Jun 20242282195563450$79.77$2.54
May 2024120922131270$80.02$2.12
Apr 20241321585043570$85.35$1.60
Mar 20241541464002260$81.28$1.49
Feb 202495992301310$77.25$1.72
Jan 20241851973702010$74.15$3.18
Dec 20232252134362350$71.90$2.52
Nov 20231942093742040$77.69$2.71
Oct 20232802884662350$85.64$2.98
Sep 20232872765502690$89.43$2.64
Aug 20232542724622250$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorQuail Creek Oil CorporationFieldHullCountyLiberty County

Quail Creek Oil Corporation in Liberty County

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Hull field

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