WEBB -B-

Name: WEBB -B- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by AMINEX USA, INC. (P-5 20106) in the SOMERSET field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11387District 01Field 84560001OilCasinghead gasSave Export

Value, all time

$100 k

Jan 1993 – Jan 2003

Value, last 12 filed months

at the published price for each month

Months reported

121

no gaps in the span

Streams

oil, casinghead gas

The SOMERSET field

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 1,033 leases and 5,137 wells, and the rule below applies to all of them.

Discovered

1911-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

330 ft

minimum

From a lease line

150 ft

minimum

A drilling unit in this field needs at least 2.05 acres. The field rule took effect on 1986-02-01.

The Commission's schedule remark for this field reads: “RULES EFF. FOR SOMERSET FIELD 12-11-78.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	5,486 bbl	$100,164
Casinghead gas	Production	21 Mcf	$0
Total			$100,164

21 Mcf of this lease's gas, across 21 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 (14)

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 29.1727, -98.6913. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

29.17277, -98.69147 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

14 of 14 wells

With a plug date

92.9%

13 of 14 wells

Median depth

1,655 ft

14 wells filed one

Completion to plug

37.8 years

median over 13 wells

What the state filed about each well

On the RRC proration schedule

14100.0%

A plug date is filed

1392.9%

BothOn the schedule and plugged. Neither fact cancels the other.

1392.9%

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

Total depth in feet, 14 of 14 wells. Median 1,655 ft, with the middle half between 1,651 and 1,657 ft; the shallowest is 1,642 ft and the deepest 1,658 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 14 of 14 wells, Feb 1986. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Feb 1986

14 of 14 wells

Plug dates filed

Dec 2023

13 of 14 wells; 1 filed none

Last completion to plug: a median of 37.8 years across the 13 wells that filed both dates, with the middle half between 37.8 years and 37.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

14 wells


42-01333715	23	1,658 ft	Feb 1986	—	Yes
42-01333703	21	1,655 ft	Feb 1986	Dec 2023	Yes
42-01333702	22	1,658 ft	Feb 1986	Dec 2023	Yes
42-01333709	15	1,657 ft	Feb 1986	Dec 2023	Yes
42-01333704	20	1,655 ft	Feb 1986	Dec 2023	Yes
42-01333705	19	1,658 ft	Feb 1986	Dec 2023	Yes
42-01333708	16	1,650 ft	Feb 1986	Dec 2023	Yes
42-01333710	14	1,642 ft	Feb 1986	Dec 2023	Yes
42-01333712	9	1,653 ft	Feb 1986	Dec 2023	Yes
42-01333713	10	1,650 ft	Feb 1986	Dec 2023	Yes
42-01333707	17	1,652 ft	Feb 1986	Dec 2023	Yes
42-01333711	12	1,656 ft	Feb 1986	Dec 2023	Yes
42-01333706	18	1,657 ft	Feb 1986	Dec 2023	Yes
42-01333714	11	1,650 ft	Feb 1986	Dec 2023	Yes

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 (121)

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

121 months


Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	125	0	16.93	2.36	$2,116
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	67	0	24.26	2.25	$1,625
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	40	0	23.93	3.20	$957
Jun 2001	50	0	24.56	3.82	$1,228
May 2001	65	0	25.52	4.31	$1,659
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	51	0	24.54	5.38	$1,252
Feb 2001	65	0	27.75	5.77	$1,804
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	52	0	26.88	9.12	$1,398
Nov 2000	63	0	32.21	5.66	$2,029
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	46	0	31.87	5.19	$1,466
Aug 2000	44	0	29.64	4.54	$1,304
Jul 2000	39	0	28.53	4.09	$1,113
Jun 2000	35	0	29.30	4.40	$1,026
May 2000	47	0	27.26	3.68	$1,281
Apr 2000	59	0	24.51	3.12	$1,446
Mar 2000	94	0	28.42	2.86	$2,671
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	90	0	24.28	2.42	$2,185
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	54	0	20.98	2.80	$1,133
Sep 1999	57	0	21.75	2.62	$1,240
Aug 1999	94	0	19.26	2.88	$1,810
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	43	0	15.10	2.21	$649
Mar 1999	81	0	12.47	1.84	$1,010
Feb 1999	92	0	9.98	1.82	$918
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	85	0	10.89	2.19	$926
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	60	0	12.59	2.08	$755
Aug 1998	60	0	11.30	1.91	$678
Jul 1998	83	0	11.74	2.24	$974
Jun 1998	0	0	11.24	2.24	$0
May 1998	63	0	12.62	2.21	$795
Apr 1998	85	0	13.04	2.51	$1,108
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	88	0	13.95	2.30	$1,228
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	49	0	16.32	2.41	$800
Nov 1997	44	0	18.19	3.09	$800
Oct 1997	54	0	19.25	3.15	$1,040
Sep 1997	52	0	17.74	2.95	$922
Aug 1997	43	0	17.86	2.55	$768
Jul 1997	46	0	17.58	2.25	$809
Jun 1997	59	0	17.24	2.26	$1,017
May 1997	51	0	18.97	2.31	$967
Apr 1997	49	0	17.88	2.08	$876
Mar 1997	48	0	18.95	1.94	$910
Feb 1997	43	0	20.49	2.21	$881
Jan 1997	48	0	23.48	3.54	$1,127
Dec 1996	63	0	23.32	—	$1,469
Nov 1996	55	0	21.97	—	$1,208
Oct 1996	88	0	23.31	—	$2,051
Sep 1996	0	0	22.22	—	$0
Aug 1996	56	0	20.26	—	$1,135
Jul 1996	51	0	19.55	—	$997
Jun 1996	109	0	18.73	—	$2,042
May 1996	0	0	19.43	—	$0
Apr 1996	59	0	21.51	—	$1,269
Mar 1996	64	0	19.38	—	$1,240
Feb 1996	45	0	16.98	—	$764
Jan 1996	46	0	17.07	—	$785
Dec 1995	62	0	17.19	—	$1,066
Nov 1995	0	0	16.00	—	$0
Oct 1995	60	0	15.43	—	$926
Sep 1995	0	0	16.18	—	$0
Aug 1995	58	0	15.92	—	$923
Jul 1995	72	0	15.24	—	$1,097
Jun 1995	66	0	16.41	—	$1,083
May 1995	106	0	17.56	—	$1,861
Apr 1995	0	0	17.73	—	$0
Mar 1995	112	0	16.44	—	$1,841
Feb 1995	0	0	16.58	—	$0
Jan 1995	76	0	15.92	—	$1,210
Dec 1994	92	0	15.03	—	$1,383
Nov 1994	85	0	15.90	—	$1,352
Oct 1994	0	0	15.58	—	$0
Sep 1994	95	1	15.29	—	$1,453
Aug 1994	102	1	16.13	—	$1,645
Jul 1994	0	1	17.56	—	$0
Jun 1994	123	1	17.09	—	$2,102
May 1994	0	1	15.88	—	$0
Apr 1994	166	1	14.14	—	$2,347
Mar 1994	0	1	12.46	—	$0
Feb 1994	147	1	12.50	—	$1,838
Jan 1994	0	1	12.66	—	$0
Dec 1993	0	1	12.33	—	$0
Nov 1993	72	1	14.49	—	$1,043
Oct 1993	69	1	15.85	—	$1,094
Sep 1993	70	1	15.03	—	$1,052
Aug 1993	55	1	15.66	—	$861
Jul 1993	72	1	15.46	—	$1,113
Jun 1993	146	1	16.79	—	$2,451
May 1993	89	1	17.68	—	$1,574
Apr 1993	72	1	18.05	—	$1,300
Mar 1993	74	1	18.14	—	$1,342
Feb 1993	74	1	17.90	—	$1,325
Jan 1993	72	1	16.93	—	$1,219

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.

Dec 2001 — as filed, then multipliedworked

Oil                  125 bbl  × $ 16.93 =     $2,116
Casinghead gas         0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                   $2,116

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/O/11387 is the state's own key, not one this site invented.