WELDER "P"

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

Operated by FOREST OIL CORPORATION (P-5 275740) in the PHIL POWER (5100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 170663District 02Field 71211426CondensateGasSave Export

Value, all time

$6.5 M

Jun 1998 – Nov 2010

Value, last 12 filed months

at the published price for each month

Months reported

150

no gaps in the span

Streams

condensate, gas

The PHIL POWER (5100) 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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered

1969-05-13

as the register files it

Field class

Oil and 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 07/01/97.”

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	5,161 bbl	$190,768
Gas	Production	1,432,640 Mcf	$6,308,372
Total			$6,499,140

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 28.4799, -97.1977. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.47992, -97.19767 · 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

6,200 ft

1 wells filed one

Completion to plug

16 months

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 6,200 ft.

Completions filed

Mar 2009

1 of 1 wells

Plug dates filed

Jul 2010

1 of 1 wells

Last completion to plug: a median of 16 months across the 1 well that filed both dates, with the middle half between 16 months and 16 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-39132239	57	6,200 ft	Mar 2009	Jul 2010	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 (150)

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

150 months


Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	118	0	66.16	3.90	$7,807
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	8	42.14	4.06	$32
Feb 2009	0	14	32.81	4.63	$65
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	23	37.10	5.98	$137
Nov 2008	0	30	55.49	6.86	$206
Oct 2008	0	2,874	75.24	6.92	$19,894
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	2	114.22	8.48	$17
Jul 2008	0	1,287	131.08	11.39	$14,658
Jun 2008	0	0	131.33	13.03	$0
May 2008	96	0	123.17	11.57	$11,824
Apr 2008	0	1,983	110.31	10.45	$20,732
Mar 2008	0	304	101.90	9.66	$2,938
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	2,443	90.38	8.21	$20,047
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	1,270	91.67	7.29	$9,260
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	667	62.00	7.55	$5,035
May 2007	0	28	58.74	7.85	$220
Apr 2007	0	2,005	59.61	7.81	$15,649
Mar 2007	0	216	56.92	7.30	$1,577
Feb 2007	153	201	55.10	8.22	$10,082
Jan 2007	145	0	50.30	6.73	$7,294
Dec 2006	0	6	56.65	6.92	$42
Nov 2006	0	429	54.20	7.62	$3,268
Oct 2006	0	2,407	54.90	6.01	$14,475
Sep 2006	0	4,720	60.08	5.04	$23,776
Aug 2006	0	3,144	68.71	7.34	$23,077
Jul 2006	0	4,123	69.37	6.34	$26,151
Jun 2006	0	5,664	66.28	6.38	$36,158
May 2006	0	3,761	66.01	6.42	$24,164
Apr 2006	0	8,623	64.39	7.36	$63,469
Mar 2006	0	7,163	56.70	7.08	$50,735
Feb 2006	109	3,891	57.59	7.75	$36,437
Jan 2006	0	2,181	60.59	8.93	$19,484
Dec 2005	0	53	54.94	13.42	$711
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	151	4,525	58.34	13.80	$71,235
Sep 2005	0	7,155	61.45	12.08	$86,425
Aug 2005	164	6,979	61.51	9.80	$78,460
Jul 2005	0	7,826	55.69	7.84	$61,384
Jun 2005	171	8,686	52.33	7.38	$73,060
May 2005	0	7,173	45.22	6.65	$47,709
Apr 2005	0	8,754	49.20	7.36	$64,434
Mar 2005	153	5,611	50.37	7.15	$47,853
Feb 2005	0	4,666	45.22	6.31	$29,451
Jan 2005	164	10,414	43.16	6.32	$72,918
Dec 2004	0	11,954	39.86	6.75	$80,702
Nov 2004	176	11,162	45.28	6.33	$78,629
Oct 2004	0	10,425	49.70	6.52	$67,920
Sep 2004	166	11,416	43.24	5.28	$67,499
Aug 2004	0	12,588	42.37	5.55	$69,872
Jul 2004	150	12,984	38.28	6.08	$84,739
Jun 2004	0	12,794	36.10	6.43	$82,304
May 2004	165	14,584	37.48	6.49	$100,901
Apr 2004	167	15,916	34.47	5.86	$99,000
Mar 2004	0	12,845	34.36	5.53	$71,035
Feb 2004	160	12,875	32.45	5.51	$76,128
Jan 2004	0	12,007	32.03	6.30	$75,640
Dec 2003	165	13,147	30.26	6.30	$87,841
Nov 2003	0	13,818	28.80	4.60	$63,496
Oct 2003	165	14,593	28.17	4.76	$74,105
Sep 2003	0	15,171	26.31	4.75	$72,053
Aug 2003	163	16,175	29.76	5.13	$87,824
Jul 2003	0	13,973	29.41	5.17	$72,252
Jun 2003	171	12,380	28.56	5.98	$78,953
May 2003	0	12,479	26.59	5.97	$74,533
Apr 2003	167	14,135	26.67	5.41	$80,886
Mar 2003	0	17,806	31.14	6.10	$108,546
Feb 2003	0	16,897	33.48	7.93	$133,924
Jan 2003	146	18,605	30.31	5.58	$108,279
Dec 2002	0	18,449	26.91	4.85	$89,547
Nov 2002	169	19,752	24.66	4.14	$85,881
Oct 2002	0	20,634	26.46	4.23	$87,264
Sep 2002	162	20,317	27.44	3.64	$78,302
Aug 2002	0	22,201	25.96	3.16	$70,248
Jul 2002	0	20,711	24.58	3.06	$63,412
Jun 2002	173	21,146	23.73	3.34	$74,696
May 2002	0	22,086	24.66	3.58	$79,156
Apr 2002	0	15,837	23.65	3.51	$55,625
Mar 2002	161	13,124	22.00	3.10	$44,262
Feb 2002	0	17,576	18.22	2.38	$41,755
Jan 2002	57	21,553	17.17	2.38	$52,182
Dec 2001	0	16,865	16.93	2.36	$39,876
Nov 2001	179	17,770	18.07	2.41	$45,981
Oct 2001	0	14,649	19.78	2.53	$37,046
Sep 2001	0	10,229	24.26	2.25	$23,029
Aug 2001	0	13,312	24.87	3.05	$40,644
Jul 2001	166	16,917	23.93	3.20	$58,057
Jun 2001	0	16,106	24.56	3.82	$61,592
May 2001	0	16,316	25.52	4.31	$70,278
Apr 2001	0	19,366	24.68	5.34	$103,324
Mar 2001	0	20,517	24.54	5.38	$110,308
Feb 2001	0	16,293	27.75	5.77	$93,963
Jan 2001	166	19,278	27.47	8.40	$166,471
Dec 2000	0	20,494	26.88	9.12	$186,957
Nov 2000	0	21,822	32.21	5.66	$123,469
Oct 2000	0	16,945	31.23	5.15	$87,191
Sep 2000	0	16,961	31.87	5.19	$87,968
Aug 2000	0	18,585	29.64	4.54	$84,390
Jul 2000	0	19,214	28.53	4.09	$78,580
Jun 2000	168	19,290	29.30	4.40	$89,745
May 2000	0	18,926	27.26	3.68	$69,643
Apr 2000	0	18,965	24.51	3.12	$59,095
Mar 2000	15	19,042	28.42	2.86	$54,882
Feb 2000	3	17,179	27.62	2.73	$46,921
Jan 2000	0	17,872	25.27	2.48	$44,332
Dec 1999	0	20,134	24.28	2.42	$48,799
Nov 1999	0	19,732	23.19	2.43	$48,027
Oct 1999	161	20,070	20.98	2.80	$59,648
Sep 1999	0	17,255	21.75	2.62	$45,188
Aug 1999	0	17,411	19.26	2.88	$50,067
Jul 1999	0	18,679	17.89	2.37	$44,314
Jun 1999	0	17,699	15.94	2.36	$41,807
May 1999	0	19,055	15.79	2.32	$44,227
Apr 1999	13	18,660	15.10	2.21	$41,399
Mar 1999	161	17,042	12.47	1.84	$33,336
Feb 1999	10	13,074	9.98	1.82	$23,866
Jan 1999	0	14,196	10.38	1.90	$26,972
Dec 1998	12	17,527	9.20	1.77	$31,191
Nov 1998	0	13,738	10.89	2.19	$30,027
Oct 1998	0	14,709	12.42	1.97	$28,965
Sep 1998	0	15,693	12.59	2.08	$32,683
Aug 1998	0	16,718	11.30	1.91	$31,887
Jul 1998	0	16,372	11.74	2.24	$36,629
Jun 1998	0	6,539	11.24	2.24	$14,630

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 2009 — as filed, then multipliedworked

Condensate           118 bbl  × $ 66.16 =     $7,807
Gas                    0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                   $7,807

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/170663 is the state's own key, not one this site invented.