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 48186District 01Field 07856250NGPA filingGasSaveExport
Value, all time
$17 k
Jan 1993 – May 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
149
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
GasProduction37,965 Mcf$16,843
Total$16,843

32,132 Mcf of this lease's gas, across 46 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 29.0008, -99.0125. 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
3,040 ft
1 wells filed one
Completion to plug
35.1 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 3,040 ft.

Completions filed
Apr 1970
1 of 1 wells
Plug dates filed
May 2005
1 of 1 wells

Last completion to plug: a median of 35.1 years across the 1 well that filed both dates, with the middle half between 35.1 years and 35.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-16330022183,040 ftApr 1970May 2005Yes

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 (149)

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

149 months

May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 2001018.072.41$0
Oct 2001019.782.53$0
Sep 2001024.262.25$0
Aug 20018924.873.05$272
Jul 20016123.933.20$195
Jun 20019024.563.82$344
May 20017125.524.31$306
Apr 20018024.685.34$427
Mar 2001024.545.38$0
Feb 20018727.755.77$502
Jan 20017927.478.40$664
Dec 200010026.889.12$912
Nov 20003832.215.66$215
Oct 20004331.235.15$221
Sep 20004031.875.19$207
Aug 20008229.644.54$372
Jul 20007428.534.09$303
Jun 20009229.304.40$405
May 20005427.263.68$199
Apr 20002024.513.12$62
Mar 20005328.422.86$152
Feb 20002727.622.73$74
Jan 200010725.272.48$265
Dec 199910324.282.42$250
Nov 19994723.192.43$114
Oct 19996820.982.80$191
Sep 19995821.752.62$152
Aug 199911219.262.88$322
Jul 19993417.892.37$81
Jun 19997015.942.36$165
May 19997215.792.32$167
Apr 199910815.102.21$238
Mar 19999412.471.84$173
Feb 19991089.981.82$196
Jan 19994710.381.90$89
Dec 1998529.201.77$92
Nov 19986110.892.19$133
Oct 19986912.421.97$136
Sep 199814812.592.08$308
Aug 199816511.301.91$315
Jul 19982311.742.24$51
Jun 19982911.242.24$65
May 19985312.622.21$117
Apr 199813413.042.51$336
Mar 199814512.802.31$335
Feb 199821913.952.30$504
Jan 199824114.702.15$519
Dec 199724416.322.41$588
Nov 199719818.193.09$611
Oct 199717619.253.15$554
Sep 199712917.742.95$381
Aug 199718017.862.55$460
Jul 199721217.582.25$476
Jun 199724617.242.26$555
May 199720918.972.31$482
Apr 199719217.882.08$400
Mar 199720518.951.94$398
Feb 199719020.492.21$419
Jan 199710523.483.54$372
Dec 1996023.32$0
Nov 1996021.97$0
Oct 199616723.31$0
Sep 199625522.22$0
Aug 199617120.26$0
Jul 199668419.55$0
Jun 199674418.73$0
May 199670419.43$0
Apr 199642421.51$0
Mar 199641119.38$0
Feb 199658916.98$0
Jan 199669717.07$0
Dec 199556817.19$0
Nov 199557416.00$0
Oct 199569415.43$0
Sep 199575016.18$0
Aug 199570915.92$0
Jul 199567015.24$0
Jun 199575116.41$0
May 199547417.56$0
Apr 199542617.73$0
Mar 199559516.44$0
Feb 199562816.58$0
Jan 199551215.92$0
Dec 199459215.03$0
Nov 199470215.90$0
Oct 199492315.58$0
Sep 199437015.29$0
Aug 199473516.13$0
Jul 199475817.56$0
Jun 199480417.09$0
May 199486715.88$0
Apr 199484614.14$0
Mar 199489312.46$0
Feb 199476312.50$0
Jan 199483212.66$0
Dec 199386412.33$0
Nov 199382814.49$0
Oct 199386215.85$0
Sep 199386615.03$0
Aug 199385315.66$0
Jul 19931,03215.46$0
Jun 199391916.79$0
May 199396517.68$0
Apr 199388618.05$0
Mar 199391818.14$0
Feb 199384817.90$0
Jan 19931,00916.93$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.

Aug 2001 — as filed, then multipliedworked
Gas                   89 Mcf  × $  3.05 =       $272

────────────────────────────────────────────────────
Month total                                     $272

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/48186 is the state's own key, not one this site invented.