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Texas oil lease

Producing

SMU

Smu is an oil lease in Smith County, Texas, operated by Valence Operating Company in the Girlie Caldwell (Goodland LM) field.

1 well

4,645bbl oil, last 12 months+22% vs prior year
Operator
Valence Operating Company
County
Smith County
Field
Girlie Caldwell (Goodland LM)
RRC lease
06-15528

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Where it sits

This county

Smith CountySmithVan ZandtGreggUpshurWoodRuskCampRainsHendersonSmith County
Smith County
Gas, last 12 months
2,393 mcf
Oil in Jul 2026
829 bbl

Production by month

Oil output rose 22% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 22% over the last 12 monthsMonthly oil production and gas for SMU, Aug 2023 to Jul 2026. Oil output rose 22% over the last 12 months. 4,645 bbl in the 12 months through Jul 2026, against 3,814 bbl in the 12 months before.Last 12 months: 4,645 bblbbl per monthmcf per month002502005004007506001,0008001,2501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 22% over the last 12 monthsMonthly oil production and gas for SMU, Aug 2023 to Jul 2026. Oil output rose 22% over the last 12 months. 4,645 bbl in the 12 months through Jul 2026, against 3,814 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502005004007506001,0008001,2501,000Jan 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 lease fuel instead of a transmission line

  • Transmission line (2)
  • Lease fuel (1)
Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of SMU gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of SMU gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission line.Share of gas by disposition code0%50%100%Jul 26: line to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    65% · 2,147 mcf

  • Lease fuel (1)

    35% · 1,152 mcf

1 well on this lease

Wells on SMU
API numberWell no.Status
42-423-323911HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCOilGathers100May 1, 2025–
Midcoast G & P (East Texas) L.p.Casinghead gasBuys100Sep 1, 2020–
Midcoast Pipelines (E Tx) L.p.Casinghead gasGathers100Sep 1, 2020–
Lion Oil Trading & Trans, LLCOilGathers100Apr 21, 2017May 1, 2025

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

Who buys my oilOil price check

191.01 acres on the newest permit

Permits for Smu
API numberWell no.Acreson the permit
42-423-323911H191.01

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

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36 months, newest first

Ledger for SMU
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20268297705181810$80.46$2.89
Jun 20269079556734920$84.81$3.15
May 20261,0771,1557255750$102.13$2.94
Apr 20261,1881,0903502200$100.32$2.77
Mar 20264594451171020$91.38$3.04
Feb 20261851681070$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202500000$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202500000$60.89$3.19
Sep 202500000$63.96$2.97
Aug 2025021000$64.86$2.91
Jul 202500000$68.39$3.20
Jun 2025018000$68.17$3.02
May 202518023381270$62.17$3.12
Apr 2025495466123870$63.54$3.42
Mar 2025581551102300$68.24$4.12
Feb 20253623681461080$71.53$4.19
Jan 20253893951781190$75.74$4.13
Dec 2024375401000$70.12$3.01
Nov 20244043762761990$69.95$2.12
Oct 2024324307103910$71.99$2.20
Sep 20242822854523540$70.24$2.28
Aug 20244224455924210$76.68$1.99
Jul 20244374255814950$81.80$2.07
Jun 20244594594884140$79.77$2.54
May 20244474465724940$80.02$2.12
Apr 20244874954774120$85.35$1.60
Mar 20245395655054380$81.28$1.49
Feb 20245626054213690$77.25$1.72
Jan 20246436083913260$74.15$3.18
Dec 20236766535254770$71.90$2.52
Nov 20236756535514970$77.69$2.71
Oct 20237067497566860$85.64$2.98
Sep 20237456968117310$89.43$2.64
Aug 20237877888788060$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

OperatorValence Operating CompanyFieldGirlie Caldwell (Goodland LM)CountySmith County

Valence Operating Company in Smith County

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Girlie Caldwell (Goodland LM) field

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