WELDER "C"

Operated by WISER OIL COMPANY, THE (P-5 933800) in the PHIL POWER (5200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 170697District 02Field 71211568CondensateGasSaveExport
Value, all time
$1.9 M
Feb 1998 – May 2005
Value, last 12 filed months
$566 k
at the published price for each month
Months reported
88
no gaps in the span
Streams
2
condensate, 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 6 leases and 7 wells, and the rule below applies to all of them.

Discovered
1966-07-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: DGL 1000 MCF P/D SUBJECT TO PRO. FACTOR

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
CondensateDisposition10,946 bbl$466,860
GasProduction465,544 Mcf$1,393,869
Total$1,860,729

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 28.4852, -97.1931. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.48515, -97.19309 · centre of the wells drawn, derived

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
3.9 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 6,200 ft.

Completions filed
May 2015
1 of 1 wells
Plug dates filed
Apr 2019
1 of 1 wells

Last completion to plug: a median of 3.9 years across the 1 well that filed both dates, with the middle half between 3.9 years and 3.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-39132211406,200 ftMay 2015Apr 2019Yes

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 (88)

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

88 months

May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20051,4602,92650.377.15$94,475
Feb 20059831,33345.226.31$52,865
Jan 20051,1431,45243.166.32$58,512
Dec 20041,1462,17239.866.75$60,343
Nov 20041,1512,23845.286.33$66,285
Oct 20041,4762,24049.706.52$87,951
Sep 20041,4582,38743.245.28$75,657
Aug 20041,2972,66142.375.55$69,724
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 200302,34433.487.93$18,578
Jan 200302,64430.315.58$14,759
Dec 200202,70826.914.85$13,144
Nov 200202,55424.664.14$10,566
Oct 200202,11426.464.23$8,940
Sep 200202,06027.443.64$7,489
Aug 200201,85325.963.16$5,863
Jul 200201,36424.583.06$4,176
Jun 200201,13223.733.34$3,779
May 2002157024.663.58$621
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 200104,79518.072.41$11,534
Oct 200107,10419.782.53$17,965
Sep 200107,30124.262.25$16,437
Aug 200108,01024.873.05$24,456
Jul 200108,47323.933.20$27,089
Jun 200108,98524.563.82$34,360
May 200103,73325.524.31$16,079
Apr 200101,98824.685.34$10,607
Mar 200101,07524.545.38$5,780
Feb 200101,97527.755.77$11,390
Jan 200106,50227.478.40$54,609
Dec 200078,25826.889.12$75,522
Nov 200006,04832.215.66$34,220
Oct 2000017431.235.15$895
Sep 200007,42431.875.19$38,505
Aug 200008,83129.644.54$40,099
Jul 200009,06828.534.09$37,086
Jun 200009,23829.304.40$40,622
May 200006,55227.263.68$24,110
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 2000042727.622.73$1,164
Jan 200002,27325.272.48$5,638
Dec 199902,17424.282.42$5,269
Nov 199902,06223.192.43$5,019
Oct 199901,71920.982.80$4,820
Sep 199902,85221.752.62$7,469
Aug 199922,66119.262.88$7,690
Jul 199903,62117.892.37$8,590
Jun 199905,43015.942.36$12,826
May 199908,09815.792.32$18,796
Apr 19991296,18815.102.21$15,611
Mar 199902,31212.471.84$4,250
Feb 19991011,9379.981.82$21,799
Jan 1999017,12810.381.90$32,542
Dec 199816919,4199.201.77$35,991
Nov 1998021,44010.892.19$46,862
Oct 1998025,29912.421.97$49,819
Sep 199815424,64612.592.08$53,267
Aug 1998025,56811.301.91$48,767
Jul 199816023,98511.742.24$55,539
Jun 1998022,62211.242.24$50,612
May 199817023,03812.622.21$52,975
Apr 1998021,95713.042.51$55,010
Mar 1998024,02012.802.31$55,473
Feb 19981612,88213.952.30$29,841

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.

Mar 2005 — as filed, then multipliedworked
Condensate         1,460 bbl  × $ 50.37 =    $73,540
Gas                2,926 Mcf  × $  7.15 =    $20,935

────────────────────────────────────────────────────
Month total                                  $94,475

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/170697 is the state's own key, not one this site invented.