WELDER

Operated by CARRIZO OIL & GAS, INC. (P-5 135401) in the POESTA CREEK (2750) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173224District 02Field 72094696CondensateGasSaveExport
Value, all time
$2.2 M
Dec 1998 – Feb 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1955-12-03
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: ALLOCATION FORMULA EFFECTIVE 04/01/2006.

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
CondensateDisposition58 bbl$4,689
GasProduction538,333 Mcf$2,192,665
Total$2,197,354

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 28.4090, -97.6372. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.40897, -97.63725 · 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
4,410 ft
1 wells filed one
Completion to plug
15.2 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 4,410 ft.

Completions filed
Dec 1998
1 of 1 wells
Plug dates filed
Feb 2014
1 of 1 wells

Last completion to plug: a median of 15.2 years across the 1 well that filed both dates, with the middle half between 15.2 years and 15.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0253292314,410 ftDec 1998Feb 2014Yes

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 (183)

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

183 months

Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 201058080.843.80$4,689
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 200607160.085.04$358
Aug 2006024368.717.34$1,784
Jul 2006025469.376.34$1,611
Jun 2006018266.286.38$1,162
May 2006017366.016.42$1,112
Apr 2006014364.397.36$1,053
Mar 2006019756.707.08$1,395
Feb 2006025957.597.75$2,008
Jan 2006011360.598.93$1,009
Dec 200509254.9413.42$1,234
Nov 2005023554.6910.59$2,488
Oct 200505458.3413.80$745
Sep 200508961.4512.08$1,075
Aug 2005020361.519.80$1,989
Jul 200503355.697.84$259
Jun 2005028352.337.38$2,089
May 2005063845.226.65$4,243
Apr 200501,25449.207.36$9,230
Mar 2005086250.377.15$6,168
Feb 2005071445.226.31$4,507
Jan 200501,21043.166.32$7,650
Dec 200401,07739.866.75$7,271
Nov 200401,59045.286.33$10,065
Oct 2004095249.706.52$6,202
Sep 2004088543.245.28$4,676
Aug 200401,32542.375.55$7,355
Jul 200401,91138.286.08$11,627
Jun 200402,52436.106.43$16,237
May 2004098237.486.49$6,378
Apr 200401,58134.475.86$9,262
Mar 200401,99234.365.53$11,016
Feb 200401,78732.455.51$9,846
Jan 200401,67032.036.30$10,520
Dec 200301,91330.266.30$12,055
Nov 200302,21428.804.60$10,174
Oct 200302,72328.174.76$12,961
Sep 200302,79726.314.75$13,284
Aug 200302,28629.765.13$11,727
Jul 200301,76929.415.17$9,147
Jun 200302,55528.565.98$15,286
May 200303,00426.595.97$17,942
Apr 200302,56326.675.41$13,859
Mar 200302,75231.146.10$16,776
Feb 200303,80033.487.93$30,118
Jan 200303,47830.315.58$19,414
Dec 200204,51126.914.85$21,895
Nov 200206,79024.664.14$28,090
Oct 200206,36126.464.23$26,901
Sep 200205,64627.443.64$20,524
Aug 200206,50925.963.16$20,596
Jul 200206,47224.583.06$19,816
Jun 200205,88823.733.34$19,656
May 200206,47424.663.58$23,203
Apr 200206,56823.653.51$23,069
Mar 200206,33022.003.10$19,640
Feb 200204,61118.222.38$10,954
Jan 200205,94917.172.38$14,133
Dec 200105,75316.932.36$13,602
Nov 200105,78118.072.41$13,906
Oct 200106,34019.782.53$16,033
Sep 200107,63824.262.25$17,196
Aug 200108,23124.873.05$25,131
Jul 200109,64023.933.20$30,820
Jun 200107,58324.563.82$28,999
May 200109,84925.524.31$42,423
Apr 2001012,36724.685.34$65,982
Mar 2001014,22324.545.38$76,469
Feb 2001013,01727.755.77$75,070
Jan 2001015,62827.478.40$131,256
Dec 2000014,62826.889.12$133,444
Nov 2000015,30132.215.66$86,573
Oct 2000015,92731.235.15$81,952
Sep 2000014,94631.875.19$77,517
Aug 2000014,16729.644.54$64,329
Jul 2000012,84528.534.09$52,533
Jun 2000013,22429.304.40$58,149
May 2000010,52927.263.68$38,744
Apr 200008,26424.513.12$25,751
Mar 2000011,20628.422.86$32,046
Feb 2000012,99827.622.73$35,439
Jan 2000014,85625.272.48$36,850
Dec 1999015,98024.282.42$38,731
Nov 1999016,29823.192.43$39,669
Oct 1999017,20520.982.80$48,238
Sep 1999017,40821.752.62$45,589
Aug 1999017,24119.262.88$49,578
Jul 1999017,11117.892.37$40,594
Jun 1999016,37815.942.36$38,686
May 1999012,04215.792.32$27,950
Apr 199902,63815.102.21$5,825
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 199801,5509.201.77$2,749

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.

Nov 2010 — as filed, then multipliedworked
Condensate            58 bbl  × $ 80.84 =     $4,689
Gas                    0 Mcf  × $  3.80 =         $0

────────────────────────────────────────────────────
Month total                                   $4,689

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/173224 is the state's own key, not one this site invented.