WALDEN, R. C.

Operated by VIRTEX OPERATING COMPANY, INC. (P-5 886261) in the BIG FOOT, WEST (GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 33701District 01Field 07856250NGPA filingGasSaveExport
Value, all time
$517 k
Jan 1993 – May 2017
Value, last 12 filed months
$427
at the published price for each month
Months reported
293
no gaps in the span
Streams
1
gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 92 leases and 92 wells, and the rule below applies to all of them.

Discovered
1952-11-13
as the register files it
Field class
Gas
the register's own label
Between wells
2,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 213 acres. The field rule took effect on 1985-06-14.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/2002.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
GasProduction144,149 Mcf$517,129
Total$517,129

34,517 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 29.0051, -99.0039. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.00511, -99.00388 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
2,852 ft
1 wells filed one
Completion to plug
52.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 2,852 ft.

Completions filed
Jul 1964
1 of 1 wells
Plug dates filed
May 2017
1 of 1 wells

Last completion to plug: a median of 52.8 years across the 1 well that filed both dates, with the middle half between 52.8 years and 52.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1630003272,852 ftJul 1964May 2017Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (293)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

293 months

May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 201615945.352.69$427
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 20163533.011.79$63
Feb 201618126.472.06$374
Jan 201612527.352.36$296
Dec 201519832.362.00$396
Nov 201511938.792.17$258
Oct 201512743.552.43$308
Sep 201519342.992.76$532
Aug 201520640.162.87$592
Jul 201519248.152.95$565
Jun 201513056.152.88$375
May 20151655.212.96$47
Apr 2015249.822.71$5
Mar 2015442.892.93$12
Feb 2015344.662.98$9
Jan 20155743.433.10$177
Dec 20145054.693.59$180
Nov 20143970.464.25$166
Oct 201410578.303.90$410
Sep 201411586.164.05$465
Aug 201416189.394.04$650
Jul 201410196.564.18$422
Jun 201415898.164.74$748
May 201411994.734.73$562
Apr 2014095.944.81$0
Mar 201416495.895.06$829
Feb 201425997.406.19$1,604
Jan 201425090.404.86$1,215
Dec 201331091.824.35$1,350
Nov 201327988.853.74$1,043
Oct 201337097.423.78$1,398
Sep 2013261104.113.72$970
Aug 2013372104.253.52$1,310
Jul 2013345102.523.72$1,283
Jun 201329194.403.93$1,145
May 201327494.834.15$1,137
Apr 201329393.964.28$1,255
Mar 201335893.623.91$1,401
Feb 201328191.233.42$961
Jan 201328191.603.42$961
Dec 201220386.773.42$694
Nov 201223586.953.62$852
Oct 201219389.383.40$656
Sep 201215194.672.92$441
Aug 201223992.662.91$695
Jul 201223485.133.02$707
Jun 201213379.822.52$335
May 20125791.612.49$142
Apr 2012230101.652.00$459
Mar 2012165105.052.22$367
Feb 2012195101.102.57$501
Jan 201219698.092.73$536
Dec 201131896.873.24$1,030
Nov 201139095.723.31$1,291
Oct 201143484.983.65$1,583
Sep 201140783.623.99$1,622
Aug 201141683.404.15$1,726
Jul 201138994.144.52$1,757
Jun 201136592.904.64$1,694
May 201137698.134.40$1,656
Apr 2011159105.964.33$689
Mar 20118996.364.06$361
Feb 201131885.644.18$1,329
Jan 201135186.504.59$1,611
Dec 201039685.734.35$1,722
Nov 201041380.843.80$1,567
Oct 201040078.103.51$1,404
Sep 201042472.633.98$1,687
Aug 201051073.684.42$2,254
Jul 201051972.554.74$2,458
Jun 201053170.364.91$2,607
May 201050171.124.24$2,122
Apr 201048181.694.12$1,983
Mar 201054778.394.39$2,401
Feb 201034673.585.44$1,883
Jan 201036474.365.96$2,171
Dec 200946371.445.48$2,539
Nov 200938374.593.75$1,437
Oct 200940672.544.11$1,669
Sep 200946665.543.06$1,428
Aug 200952267.423.22$1,680
Jul 200946561.133.46$1,611
Jun 200944166.163.90$1,718
May 200954854.743.93$2,151
Apr 200939146.773.59$1,403
Mar 200945642.144.06$1,851
Feb 200943732.814.63$2,025
Jan 200954835.865.37$2,943
Dec 200836637.105.98$2,188
Nov 200851855.496.86$3,554
Oct 200842675.246.92$2,949
Sep 2008495101.767.88$3,899
Aug 2008490114.228.48$4,157
Jul 2008445131.0811.39$5,068
Jun 2008487131.3313.03$6,347
May 2008560123.1711.57$6,482
Apr 2008497110.3110.45$5,196
Mar 2008475101.909.66$4,590
Feb 200835692.538.77$3,122
Jan 200854090.388.21$4,431
Dec 200749088.337.30$3,578
Nov 200750091.677.29$3,646
Oct 200750182.856.92$3,468
Sep 200754475.846.24$3,397
Aug 200748669.066.39$3,105
Jul 200753170.906.39$3,392
Jun 200750362.007.55$3,797
May 200748758.747.85$3,821
Apr 200747459.617.81$3,700
Mar 200746956.927.30$3,425
Feb 200738955.108.22$3,196
Jan 200750050.306.73$3,363
Dec 200650056.656.92$3,459
Nov 200660954.207.62$4,639
Oct 200655354.906.01$3,326
Sep 200659260.085.04$2,982
Aug 200661768.717.34$4,529
Jul 200645069.376.34$2,854
Jun 200640966.286.38$2,611
May 200648966.016.42$3,142
Apr 200648264.397.36$3,548
Mar 200650356.707.08$3,563
Feb 200637457.597.75$2,899
Jan 200647660.598.93$4,252
Dec 200552554.9413.42$7,043
Nov 200558954.6910.59$6,237
Oct 200555758.3413.80$7,684
Sep 200557461.4512.08$6,933
Aug 200554461.519.80$5,329
Jul 200556155.697.84$4,400
Jun 200560752.337.38$4,480
May 200542845.226.65$2,847
Apr 200540349.207.36$2,966
Mar 200555050.377.15$3,935
Feb 200537045.226.31$2,335
Jan 200555643.166.32$3,515
Dec 200452139.866.75$3,517
Nov 200450345.286.33$3,184
Oct 200448849.706.52$3,179
Sep 200451843.245.28$2,737
Aug 200453842.375.55$2,986
Jul 200442338.286.08$2,574
Jun 200448636.106.43$3,126
May 200459137.486.49$3,838
Apr 200448134.475.86$2,818
Mar 200454534.365.53$3,014
Feb 200459832.455.51$3,295
Jan 200455632.036.30$3,503
Dec 200324830.266.30$1,563
Nov 200347028.804.60$2,160
Oct 200358928.174.76$2,803
Sep 200359626.314.75$2,831
Aug 200367829.765.13$3,478
Jul 200353129.415.17$2,746
Jun 200358328.565.98$3,488
May 200361526.595.97$3,673
Apr 200359026.675.41$3,190
Mar 200363131.146.10$3,847
Feb 200353333.487.93$4,224
Jan 200363930.315.58$3,567
Dec 200265026.914.85$3,155
Nov 200263724.664.14$2,635
Oct 200267226.464.23$2,842
Sep 200268327.443.64$2,483
Aug 200273025.963.16$2,310
Jul 200268424.583.06$2,094
Jun 200265723.733.34$2,193
May 200267424.663.58$2,416
Apr 200265323.653.51$2,294
Mar 200265222.003.10$2,023
Feb 200259418.222.38$1,411
Jan 200243217.172.38$1,026
Dec 200159316.932.36$1,402
Nov 200166018.072.41$1,588
Oct 200168519.782.53$1,732
Sep 200164224.262.25$1,445
Aug 200166624.873.05$2,033
Jul 200167923.933.20$2,171
Jun 200169824.563.82$2,669
May 200179425.524.31$3,420
Apr 200140624.685.34$2,166
Mar 200168724.545.38$3,694
Feb 200161727.755.77$3,558
Jan 200161727.478.40$5,182
Dec 200074826.889.12$6,824
Nov 200062232.215.66$3,519
Oct 200067731.235.15$3,484
Sep 200062731.875.19$3,252
Aug 200069629.644.54$3,160
Jul 200071228.534.09$2,912
Jun 200065229.304.40$2,867
May 200069027.263.68$2,539
Apr 200066124.513.12$2,060
Mar 200069528.422.86$1,988
Feb 200063427.622.73$1,729
Jan 200067825.272.48$1,682
Dec 199969424.282.42$1,682
Nov 199970723.192.43$1,721
Oct 199974420.982.80$2,086
Sep 199971621.752.62$1,875
Aug 199978219.262.88$2,249
Jul 199977017.892.37$1,827
Jun 199980215.942.36$1,894
May 199972515.792.32$1,683
Apr 199970815.102.21$1,563
Mar 199965512.471.84$1,204
Feb 19996829.981.82$1,240
Jan 199973510.381.90$1,396
Dec 19987309.201.77$1,295
Nov 199874810.892.19$1,635
Oct 199860312.421.97$1,187
Sep 199863012.592.08$1,312
Aug 199870011.301.91$1,335
Jul 199872511.742.24$1,622
Jun 199871811.242.24$1,606
May 199847912.622.21$1,057
Apr 199863013.042.51$1,578
Mar 199864412.802.31$1,487
Feb 199858213.952.30$1,338
Jan 199869814.702.15$1,504
Dec 199771916.322.41$1,734
Nov 199768318.193.09$2,109
Oct 199773519.253.15$2,315
Sep 199773517.742.95$2,172
Aug 199774617.862.55$1,906
Jul 199776317.582.25$1,714
Jun 199771817.242.26$1,621
May 199777418.972.31$1,787
Apr 199770417.882.08$1,466
Mar 199764718.951.94$1,255
Feb 199762320.492.21$1,374
Jan 199764223.483.54$2,272
Dec 199667723.32$0
Nov 199671321.97$0
Oct 199664823.31$0
Sep 199628222.22$0
Aug 199614620.26$0
Jul 199662319.55$0
Jun 199663218.73$0
May 199665819.43$0
Apr 199662221.51$0
Mar 199664819.38$0
Feb 199668416.98$0
Jan 199676117.07$0
Dec 199581417.19$0
Nov 199560016.00$0
Oct 199570415.43$0
Sep 199568716.18$0
Aug 199574615.92$0
Jul 199574315.24$0
Jun 199571716.41$0
May 199567517.56$0
Apr 199572217.73$0
Mar 199574116.44$0
Feb 199567116.58$0
Jan 199572915.92$0
Dec 199475215.03$0
Nov 199472715.90$0
Oct 199481615.58$0
Sep 199436115.29$0
Aug 199474616.13$0
Jul 199477217.56$0
Jun 199477717.09$0
May 199479615.88$0
Apr 199478914.14$0
Mar 199479612.46$0
Feb 199471212.50$0
Jan 199481512.66$0
Dec 199381712.33$0
Nov 199378214.49$0
Oct 199384015.85$0
Sep 199381915.03$0
Aug 199388915.66$0
Jul 199390615.46$0
Jun 199373716.79$0
May 199388117.68$0
Apr 199387618.05$0
Mar 199387118.14$0
Feb 199372317.90$0
Jan 199387416.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jun 2016 — as filed, then multipliedworked
Gas                  159 Mcf  × $  2.69 =       $427

────────────────────────────────────────────────────
Month total                                     $427

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 01/G/33701 is the state's own key, not one this site invented.