WELDER HEIRS

Name: WELDER HEIRS lease production and value, Mar 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by C & E OPERATING, INC. (P-5 120079) in the PEPONI RANCH (FRIO 4800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 170630District 02Field 70553200CondensateGasSave Export

Value, all time

$15.1 M

Mar 1998 – Aug 2012

Value, last 12 filed months

at the published price for each month

Months reported

174

no gaps in the span

Streams

condensate, gas

The PEPONI RANCH (FRIO 4800) 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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered

1998-03-20

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 01/01/99.”

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
Condensate	Disposition	13,066 bbl	$349,978
Gas	Production	3,341,524 Mcf	$14,749,369
Total			$15,099,347

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 28.2763, -97.4411. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.27634, -97.44105 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

6,060 ft

1 wells filed one

Completion to plug

14.4 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 6,060 ft.

Completions filed

Mar 1998

1 of 1 wells

Plug dates filed

Aug 2012

1 of 1 wells

Last completion to plug: a median of 14.4 years across the 1 well that filed both dates, with the middle half between 14.4 years and 14.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-39132213	1	6,060 ft	Mar 1998	Aug 2012	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 (174)

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

174 months


Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	384	92.90	4.64	$1,782
May 2011	0	414	98.13	4.40	$1,824
Apr 2011	0	513	105.96	4.33	$2,223
Mar 2011	0	470	96.36	4.06	$1,907
Feb 2011	0	184	85.64	4.18	$769
Jan 2011	0	1,371	86.50	4.59	$6,291
Dec 2010	160	1,691	85.73	4.35	$21,069
Nov 2010	0	1,976	80.84	3.80	$7,500
Oct 2010	0	2,435	78.10	3.51	$8,544
Sep 2010	0	2,553	72.63	3.98	$10,160
Aug 2010	0	2,936	73.68	4.42	$12,975
Jul 2010	0	3,151	72.55	4.74	$14,925
Jun 2010	0	3,187	70.36	4.91	$15,649
May 2010	172	3,670	71.12	4.24	$27,776
Apr 2010	0	3,374	81.69	4.12	$13,910
Mar 2010	0	3,294	78.39	4.39	$14,456
Feb 2010	0	2,868	73.58	5.44	$15,609
Jan 2010	184	2,592	74.36	5.96	$29,141
Dec 2009	0	3,554	71.44	5.48	$19,489
Nov 2009	0	3,617	74.59	3.75	$13,569
Oct 2009	0	3,920	72.54	4.11	$16,112
Sep 2009	166	3,753	65.54	3.06	$22,382
Aug 2009	111	6,339	67.42	3.22	$27,886
Jul 2009	0	7,546	61.13	3.46	$26,143
Jun 2009	0	7,816	66.16	3.90	$30,443
May 2009	0	8,016	54.74	3.93	$31,469
Apr 2009	0	7,482	46.77	3.59	$26,842
Mar 2009	0	8,329	42.14	4.06	$33,807
Feb 2009	0	4,512	32.81	4.63	$20,904
Jan 2009	0	4,800	35.86	5.37	$25,781
Dec 2008	0	4,779	37.10	5.98	$28,565
Nov 2008	0	5,131	55.49	6.86	$35,201
Oct 2008	0	4,865	75.24	6.92	$33,675
Sep 2008	0	4,199	101.76	7.88	$33,076
Aug 2008	0	4,662	114.22	8.48	$39,548
Jul 2008	0	5,158	131.08	11.39	$58,747
Jun 2008	0	4,785	131.33	13.03	$62,361
May 2008	0	6,154	123.17	11.57	$71,228
Apr 2008	0	6,324	110.31	10.45	$66,117
Mar 2008	0	7,182	101.90	9.66	$69,407
Feb 2008	0	6,938	92.53	8.77	$60,850
Jan 2008	0	7,441	90.38	8.21	$61,059
Dec 2007	0	7,406	88.33	7.30	$54,078
Nov 2007	0	7,206	91.67	7.29	$52,544
Oct 2007	0	7,922	82.85	6.92	$54,836
Sep 2007	0	7,763	75.84	6.24	$48,473
Aug 2007	0	7,805	69.06	6.39	$49,858
Jul 2007	0	8,118	70.90	6.39	$51,857
Jun 2007	0	7,935	62.00	7.55	$59,897
May 2007	0	8,317	58.74	7.85	$65,258
Apr 2007	0	6,449	59.61	7.81	$50,336
Mar 2007	0	8,061	56.92	7.30	$58,861
Feb 2007	0	7,802	55.10	8.22	$64,101
Jan 2007	0	9,632	50.30	6.73	$64,793
Dec 2006	0	3,654	56.65	6.92	$25,280
Nov 2006	0	3,501	54.20	7.62	$26,669
Oct 2006	0	9,036	54.90	6.01	$54,341
Sep 2006	0	8,567	60.08	5.04	$43,154
Aug 2006	0	8,972	68.71	7.34	$65,854
Jul 2006	0	7,737	69.37	6.34	$49,074
Jun 2006	0	9,098	66.28	6.38	$58,081
May 2006	0	9,758	66.01	6.42	$62,695
Apr 2006	0	10,124	64.39	7.36	$74,518
Mar 2006	0	11,584	56.70	7.08	$82,049
Feb 2006	0	11,573	57.59	7.75	$89,704
Jan 2006	0	12,894	60.59	8.93	$115,186
Dec 2005	0	13,418	54.94	13.42	$180,008
Nov 2005	0	9,838	54.69	10.59	$104,169
Oct 2005	0	9,976	58.34	13.80	$137,627
Sep 2005	0	9,924	61.45	12.08	$119,872
Aug 2005	0	10,686	61.51	9.80	$104,689
Jul 2005	179	9,801	55.69	7.84	$86,844
Jun 2005	0	9,290	52.33	7.38	$68,570
May 2005	0	8,325	45.22	6.65	$55,371
Apr 2005	0	13,440	49.20	7.36	$98,925
Mar 2005	171	13,088	50.37	7.15	$102,256
Feb 2005	0	13,125	45.22	6.31	$82,844
Jan 2005	0	16,055	43.16	6.32	$101,503
Dec 2004	0	14,297	39.86	6.75	$96,520
Nov 2004	182	15,531	45.28	6.33	$106,559
Oct 2004	0	14,256	49.70	6.52	$92,879
Sep 2004	0	13,734	43.24	5.28	$72,569
Aug 2004	0	13,268	42.37	5.55	$73,646
Jul 2004	192	15,425	38.28	6.08	$101,198
Jun 2004	0	15,192	36.10	6.43	$97,730
May 2004	0	16,066	37.48	6.49	$104,342
Apr 2004	192	18,536	34.47	5.86	$115,211
Mar 2004	0	22,968	34.36	5.53	$127,016
Feb 2004	0	20,572	32.45	5.51	$113,344
Jan 2004	194	22,808	32.03	6.30	$149,896
Dec 2003	0	28,350	30.26	6.30	$178,651
Nov 2003	192	30,459	28.80	4.60	$145,494
Oct 2003	0	31,318	28.17	4.76	$149,062
Sep 2003	0	32,310	26.31	4.75	$153,452
Aug 2003	119	33,359	29.76	5.13	$174,664
Jul 2003	181	31,846	29.41	5.17	$169,994
Jun 2003	0	27,971	28.56	5.98	$167,349
May 2003	0	28,161	26.59	5.97	$168,197
Apr 2003	162	23,340	26.67	5.41	$130,526
Mar 2003	188	30,329	31.14	6.10	$190,741
Feb 2003	0	29,406	33.48	7.93	$233,068
Jan 2003	186	33,976	30.31	5.58	$195,293
Dec 2002	0	35,566	26.91	4.85	$172,629
Nov 2002	173	28,189	24.66	4.14	$120,883
Oct 2002	184	27,659	26.46	4.23	$121,842
Sep 2002	0	30,855	27.44	3.64	$112,164
Aug 2002	0	28,536	25.96	3.16	$90,292
Jul 2002	0	22,001	24.58	3.06	$67,362
Jun 2002	177	25,521	23.73	3.34	$89,395
May 2002	0	29,416	24.66	3.58	$105,427
Apr 2002	180	27,309	23.65	3.51	$100,175
Mar 2002	0	22,966	22.00	3.10	$71,257
Feb 2002	182	20,781	18.22	2.38	$52,685
Jan 2002	0	24,338	17.17	2.38	$57,819
Dec 2001	168	21,258	16.93	2.36	$53,107
Nov 2001	0	23,401	18.07	2.41	$56,292
Oct 2001	0	10,091	19.78	2.53	$25,519
Sep 2001	0	9,383	24.26	2.25	$21,124
Aug 2001	159	12,021	24.87	3.05	$40,656
Jul 2001	0	36,712	23.93	3.20	$117,371
Jun 2001	171	39,198	24.56	3.82	$154,099
May 2001	182	42,826	25.52	4.31	$189,110
Apr 2001	0	37,094	24.68	5.34	$197,908
Mar 2001	345	39,916	24.54	5.38	$223,072
Feb 2001	0	38,538	27.75	5.77	$222,252
Jan 2001	163	46,563	27.47	8.40	$395,549
Dec 2000	165	43,975	26.88	9.12	$405,597
Nov 2000	172	46,494	32.21	5.66	$268,603
Oct 2000	176	49,258	31.23	5.15	$258,954
Sep 2000	192	51,235	31.87	5.19	$271,849
Aug 2000	168	55,490	29.64	4.54	$256,946
Jul 2000	162	61,048	28.53	4.09	$254,293
Jun 2000	178	61,447	29.30	4.40	$275,413
May 2000	347	66,036	27.26	3.68	$252,455
Apr 2000	171	65,189	24.51	3.12	$207,320
Mar 2000	342	67,310	28.42	2.86	$202,209
Feb 2000	346	64,815	27.62	2.73	$186,275
Jan 2000	357	70,514	25.27	2.48	$183,931
Dec 1999	360	68,033	24.28	2.42	$173,634
Nov 1999	343	67,069	23.19	2.43	$171,199
Oct 1999	356	69,996	20.98	2.80	$203,717
Sep 1999	503	70,096	21.75	2.62	$194,511
Aug 1999	367	65,895	19.26	2.88	$196,556
Jul 1999	350	67,127	17.89	2.37	$165,512
Jun 1999	339	64,708	15.94	2.36	$158,250
May 1999	508	67,134	15.79	2.32	$163,841
Apr 1999	365	45,072	15.10	2.21	$105,033
Mar 1999	339	47,680	12.47	1.84	$91,879
Feb 1999	176	41,832	9.98	1.82	$77,798
Jan 1999	360	49,576	10.38	1.90	$97,929
Dec 1998	364	48,794	9.20	1.77	$89,876
Nov 1998	188	47,680	10.89	2.19	$106,262
Oct 1998	357	45,154	12.42	1.97	$93,352
Sep 1998	0	17,006	12.59	2.08	$35,417
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$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 2011 — as filed, then multipliedworked

Condensate             0 bbl  × $ 92.90 =         $0
Gas                  384 Mcf  × $  4.64 =     $1,782

────────────────────────────────────────────────────
Month total                                   $1,782

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. 02/G/170630 is the state's own key, not one this site invented.