WELDER UNIT

Operated by CUMMINS & WALKER OIL CO., INC. (P-5 194215) in the MARCADO CREEK, E. (4750) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 188167District 02Field 57359559CondensateGasSaveExport
Value, all time
$1.6 M
Jan 2002 – Jun 2006
Value, last 12 filed months
$232 k
at the published price for each month
Months reported
54
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1973-10-21
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 11/01/2006.

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
CondensateDisposition2 bbl$53
GasProduction302,204 Mcf$1,645,040
Total$1,645,093

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 28.7720, -96.9559. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.77196, -96.95587 · 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
0.0%
0 of 1 wells
Median depth
5,450 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 5,450 ft.

Completions filed
Jun 2006
1 of 1 wells

1 well

42-46933627155,450 ftJun 2006Yes

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 (54)

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

54 months

Jun 20060066.286.38$0
May 200601,37366.016.42$8,822
Apr 200601,66464.397.36$12,248
Mar 200601,42956.707.08$10,121
Feb 20060057.597.75$0
Jan 200602,22360.598.93$19,859
Dec 200505,41754.9413.42$72,671
Nov 200505,74954.6910.59$60,873
Oct 2005080958.3413.80$11,161
Sep 200501,32161.4512.08$15,956
Aug 20050061.519.80$0
Jul 200502,58155.697.84$20,244
Jun 200503,78552.337.38$27,937
May 200504,43745.226.65$29,511
Apr 200505,21949.207.36$38,414
Mar 200506,50850.377.15$46,564
Feb 200505,91845.226.31$37,354
Jan 200506,84143.166.32$43,250
Dec 200405,85439.866.75$39,521
Nov 200406,08045.286.33$38,489
Oct 200406,07249.706.52$39,560
Sep 200406,10343.245.28$32,248
Aug 200406,84842.375.55$38,011
Jul 200407,21038.286.08$43,867
Jun 200408,35136.106.43$53,722
May 200409,80237.486.49$63,660
Apr 2004010,63434.475.86$62,299
Mar 2004010,59034.365.53$58,564
Feb 200408,78432.455.51$48,397
Jan 200409,72632.036.30$61,270
Dec 200309,59630.266.30$60,471
Nov 200301,88028.804.60$8,639
Oct 200302,65928.174.76$12,656
Sep 200303,16826.314.75$15,046
Aug 200301,70729.765.13$8,756
Jul 2003048229.415.17$2,492
Jun 200301,13828.565.98$6,809
May 200321,45126.595.97$8,720
Apr 200302,03726.675.41$11,015
Mar 200303,12731.146.10$19,062
Feb 200304,40133.487.93$34,882
Jan 200306,84130.315.58$38,187
Dec 200206,08726.914.85$29,545
Nov 200206,94824.664.14$28,744
Oct 200208,99026.464.23$38,020
Sep 200209,48627.443.64$34,484
Aug 200209,26325.963.16$29,310
Jul 200209,22424.583.06$28,242
Jun 2002010,36623.733.34$34,604
May 2002011,55024.663.58$41,395
Apr 2002013,20123.653.51$46,366
Mar 2002011,36622.003.10$35,266
Feb 2002010,40218.222.38$24,712
Jan 200205,50617.172.38$13,080

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.

May 2006 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.01 =         $0
Gas                1,373 Mcf  × $  6.42 =     $8,822

────────────────────────────────────────────────────
Month total                                   $8,822

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/188167 is the state's own key, not one this site invented.