WILLIAMS, GEO. M.

Operated by VIRTEX PETROLEUM COMPANY, INC. (P-5 886228) 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 36691District 01Field 07856250NGPA filingGasSaveExport
Value, all time
$80 k
Jan 1993 – Jan 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
181
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
GasProduction47,734 Mcf$80,023
Total$80,023

21,790 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 29.0009, -99.0274. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
3,000 ft
1 wells filed one
Completion to plug
42.5 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 3,000 ft.

Completions filed
Jul 1965
1 of 1 wells
Plug dates filed
Jan 2008
1 of 1 wells

Last completion to plug: a median of 42.5 years across the 1 well that filed both dates, with the middle half between 42.5 years and 42.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-16301398153,000 ftJul 1965Jan 2008Yes

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 (181)

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

181 months

Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005261.4512.08$24
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005150.377.15$7
Feb 2005045.226.31$0
Jan 2005243.166.32$13
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004349.706.52$20
Sep 2004043.245.28$0
Aug 2004242.375.55$11
Jul 2004238.286.08$12
Jun 2004236.106.43$13
May 2004037.486.49$0
Apr 2004234.475.86$12
Mar 2004234.365.53$11
Feb 2004432.455.51$22
Jan 2004232.036.30$13
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003328.174.76$14
Sep 2003326.314.75$14
Aug 2003529.765.13$26
Jul 2003329.415.17$16
Jun 2003328.565.98$18
May 2003226.595.97$12
Apr 2003326.675.41$16
Mar 20031031.146.10$61
Feb 200313233.487.93$1,046
Jan 200315430.315.58$860
Dec 200214726.914.85$714
Nov 200217024.664.14$703
Oct 200218126.464.23$765
Sep 200219727.443.64$716
Aug 200222025.963.16$696
Jul 200224624.583.06$753
Jun 200224523.733.34$818
May 200224124.663.58$864
Apr 200221323.653.51$748
Mar 200226222.003.10$813
Feb 200230118.222.38$715
Jan 200219617.172.38$466
Dec 200116916.932.36$400
Nov 200119918.072.41$479
Oct 200122819.782.53$577
Sep 200124024.262.25$540
Aug 200125124.873.05$766
Jul 200128223.933.20$902
Jun 200123824.563.82$910
May 200121125.524.31$909
Apr 20018624.685.34$459
Mar 200133324.545.38$1,790
Feb 200124727.755.77$1,424
Jan 200129327.478.40$2,461
Dec 200038526.889.12$3,512
Nov 200036832.215.66$2,082
Oct 200042131.235.15$2,166
Sep 200040131.875.19$2,080
Aug 200040829.644.54$1,853
Jul 200042028.534.09$1,718
Jun 200040829.304.40$1,794
May 200041827.263.68$1,538
Apr 200036024.513.12$1,122
Mar 200040728.422.86$1,164
Feb 200043527.622.73$1,186
Jan 200043125.272.48$1,069
Dec 199939524.282.42$957
Nov 199940123.192.43$976
Oct 199942020.982.80$1,178
Sep 199941121.752.62$1,076
Aug 199945619.262.88$1,311
Jul 199942817.892.37$1,015
Jun 199944715.942.36$1,056
May 199943815.792.32$1,017
Apr 199944815.102.21$989
Mar 199941712.471.84$767
Feb 19994249.981.82$771
Jan 199944510.381.90$845
Dec 19984209.201.77$745
Nov 199842910.892.19$938
Oct 199838812.421.97$764
Sep 199839612.592.08$825
Aug 199843811.301.91$835
Jul 199848011.742.24$1,074
Jun 199845411.242.24$1,016
May 199831312.622.21$691
Apr 199846813.042.51$1,172
Mar 199840612.802.31$938
Feb 199840213.952.30$924
Jan 199842414.702.15$914
Dec 199747816.322.41$1,153
Nov 199741818.193.09$1,291
Oct 199749819.253.15$1,569
Sep 199749517.742.95$1,463
Aug 199737617.862.55$961
Jul 199740017.582.25$899
Jun 199743717.242.26$986
May 199744918.972.31$1,037
Apr 199744517.882.08$927
Mar 199740218.951.94$780
Feb 199742720.492.21$942
Jan 199737123.483.54$1,313
Dec 199643423.32$0
Nov 199642121.97$0
Oct 199651123.31$0
Sep 199610222.22$0
Aug 19969720.26$0
Jul 199641219.55$0
Jun 199645418.73$0
May 199628519.43$0
Apr 199631021.51$0
Mar 199632719.38$0
Feb 199629416.98$0
Jan 199641117.07$0
Dec 199538417.19$0
Nov 199535716.00$0
Oct 199540715.43$0
Sep 199541716.18$0
Aug 199543715.92$0
Jul 199543015.24$0
Jun 199540216.41$0
May 199539417.56$0
Apr 199537317.73$0
Mar 199543216.44$0
Feb 199542216.58$0
Jan 199549815.92$0
Dec 199448715.03$0
Nov 199446015.90$0
Oct 199452815.58$0
Sep 199420615.29$0
Aug 199456316.13$0
Jul 199453917.56$0
Jun 199452217.09$0
May 199452315.88$0
Apr 199451514.14$0
Mar 199454212.46$0
Feb 199449012.50$0
Jan 199455412.66$0
Dec 199352412.33$0
Nov 199353114.49$0
Oct 199355015.85$0
Sep 199356215.03$0
Aug 199359515.66$0
Jul 199364515.46$0
Jun 199348816.79$0
May 199358817.68$0
Apr 199357618.05$0
Mar 199361618.14$0
Feb 199355817.90$0
Jan 199361716.93$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.

Sep 2005 — as filed, then multipliedworked
Gas                    2 Mcf  × $ 12.08 =        $24

────────────────────────────────────────────────────
Month total                                      $24

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/36691 is the state's own key, not one this site invented.