WELDER "C"

Name: WELDER "C" lease production and value, May 2002 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the PHIL POWER (5050 FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198832District 02Field 71211300CondensateGasSave Export

Value, all time

$1.9 M

May 2002 – Nov 2015

Value, last 12 filed months

$26 k

at the published price for each month

Months reported

163

no gaps in the span

Streams

condensate, gas

The PHIL POWER (5050 FRIO) 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

1988-10-28

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 12/01/97.”

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	9,606 bbl	$866,304
Gas	Production	229,381 Mcf	$1,046,923
Total			$1,913,227

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 28.4792, -97.1946. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.47924, -97.19464 · 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

6,360 ft

1 wells filed one

Completion to plug

13.2 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 6,360 ft.

Completions filed

May 2002

1 of 1 wells

Plug dates filed

Jul 2015

1 of 1 wells

Last completion to plug: a median of 13.2 years across the 1 well that filed both dates, with the middle half between 13.2 years and 13.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-39132134	6	6,360 ft	May 2002	Jul 2015	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 (163)

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

163 months


Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	68	0	42.99	2.76	$2,923
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	165	447	44.66	2.98	$8,699
Jan 2015	163	1,313	43.43	3.10	$11,150
Dec 2014	0	961	54.69	3.59	$3,451
Nov 2014	166	901	70.46	4.25	$15,527
Oct 2014	161	785	78.30	3.90	$15,669
Sep 2014	0	741	86.16	4.05	$2,998
Aug 2014	163	727	89.39	4.04	$17,504
Jul 2014	171	630	96.56	4.18	$19,145
Jun 2014	326	692	98.16	4.74	$35,278
May 2014	0	721	94.73	4.73	$3,408
Apr 2014	326	824	95.94	4.81	$35,239
Mar 2014	328	871	95.89	5.06	$35,856
Feb 2014	324	403	97.40	6.19	$34,053
Jan 2014	162	165	90.40	4.86	$15,447
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	23	97.42	3.78	$87
Sep 2013	161	119	104.11	3.72	$17,204
Aug 2013	158	239	104.25	3.52	$17,313
Jul 2013	321	336	102.52	3.72	$34,158
Jun 2013	324	303	94.40	3.93	$31,777
May 2013	318	473	94.83	4.15	$32,118
Apr 2013	163	119	93.96	4.28	$15,825
Mar 2013	160	237	93.62	3.91	$15,907
Feb 2013	167	379	91.23	3.42	$16,532
Jan 2013	164	248	91.60	3.42	$15,871
Dec 2012	161	143	86.77	3.42	$14,459
Nov 2012	156	770	86.95	3.62	$16,355
Oct 2012	164	1,533	89.38	3.40	$19,870
Sep 2012	319	2,056	94.67	2.92	$36,200
Aug 2012	163	2,617	92.66	2.91	$22,714
Jul 2012	327	2,808	85.13	3.02	$36,320
Jun 2012	165	2,691	79.82	2.52	$19,949
May 2012	162	2,873	91.61	2.49	$21,990
Apr 2012	327	3,174	101.65	2.00	$39,577
Mar 2012	165	4,116	105.05	2.22	$26,479
Feb 2012	164	3,911	101.10	2.57	$26,633
Jan 2012	329	4,808	98.09	2.73	$45,417
Dec 2011	164	4,302	96.87	3.24	$29,824
Nov 2011	164	5,735	95.72	3.31	$34,688
Oct 2011	165	7,210	84.98	3.65	$40,328
Sep 2011	340	6,576	83.62	3.99	$54,641
Aug 2011	322	5,822	83.40	4.15	$51,012
Jul 2011	481	5,875	94.14	4.52	$71,820
Jun 2011	318	5,033	92.90	4.64	$52,895
May 2011	190	7,402	98.13	4.40	$51,249
Apr 2011	0	2,697	105.96	4.33	$11,687
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	109	85.64	4.18	$456
Jan 2011	0	98	86.50	4.59	$450
Dec 2010	0	62	85.73	4.35	$270
Nov 2010	0	124	80.84	3.80	$471
Oct 2010	0	145	78.10	3.51	$509
Sep 2010	0	76	72.63	3.98	$302
Aug 2010	0	164	73.68	4.42	$725
Jul 2010	0	121	72.55	4.74	$573
Jun 2010	0	69	70.36	4.91	$339
May 2010	0	37	71.12	4.24	$157
Apr 2010	0	91	81.69	4.12	$375
Mar 2010	0	84	78.39	4.39	$369
Feb 2010	0	14	73.58	5.44	$76
Jan 2010	0	31	74.36	5.96	$185
Dec 2009	0	5	71.44	5.48	$27
Nov 2009	0	16	74.59	3.75	$60
Oct 2009	0	117	72.54	4.11	$481
Sep 2009	104	94	65.54	3.06	$7,104
Aug 2009	46	169	67.42	3.22	$3,645
Jul 2009	0	252	61.13	3.46	$873
Jun 2009	0	326	66.16	3.90	$1,270
May 2009	0	200	54.74	3.93	$785
Apr 2009	0	46	46.77	3.59	$165
Mar 2009	0	39	42.14	4.06	$158
Feb 2009	0	138	32.81	4.63	$639
Jan 2009	0	166	35.86	5.37	$892
Dec 2008	0	139	37.10	5.98	$831
Nov 2008	0	126	55.49	6.86	$864
Oct 2008	0	187	75.24	6.92	$1,294
Sep 2008	0	171	101.76	7.88	$1,347
Aug 2008	0	164	114.22	8.48	$1,391
Jul 2008	0	153	131.08	11.39	$1,743
Jun 2008	0	137	131.33	13.03	$1,785
May 2008	0	120	123.17	11.57	$1,389
Apr 2008	0	116	110.31	10.45	$1,213
Mar 2008	0	107	101.90	9.66	$1,034
Feb 2008	161	140	92.53	8.77	$16,125
Jan 2008	0	54	90.38	8.21	$443
Dec 2007	0	131	88.33	7.30	$957
Nov 2007	0	70	91.67	7.29	$510
Oct 2007	0	524	82.85	6.92	$3,627
Sep 2007	0	437	75.84	6.24	$2,729
Aug 2007	0	380	69.06	6.39	$2,427
Jul 2007	0	512	70.90	6.39	$3,271
Jun 2007	0	661	62.00	7.55	$4,990
May 2007	0	999	58.74	7.85	$7,838
Apr 2007	0	36	59.61	7.81	$281
Mar 2007	0	328	56.92	7.30	$2,395
Feb 2007	0	266	55.10	8.22	$2,185
Jan 2007	0	330	50.30	6.73	$2,220
Dec 2006	0	309	56.65	6.92	$2,138
Nov 2006	0	213	54.20	7.62	$1,623
Oct 2006	0	300	54.90	6.01	$1,804
Sep 2006	0	220	60.08	5.04	$1,108
Aug 2006	0	197	68.71	7.34	$1,446
Jul 2006	0	467	69.37	6.34	$2,962
Jun 2006	0	536	66.28	6.38	$3,422
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	792	54.69	10.59	$8,386
Oct 2005	0	1,107	58.34	13.80	$15,272
Sep 2005	0	632	61.45	12.08	$7,634
Aug 2005	0	1,561	61.51	9.80	$15,293
Jul 2005	0	783	55.69	7.84	$6,142
Jun 2005	0	205	52.33	7.38	$1,513
May 2005	19	598	45.22	6.65	$4,837
Apr 2005	0	6	49.20	7.36	$44
Mar 2005	0	257	50.37	7.15	$1,839
Feb 2005	0	488	45.22	6.31	$3,080
Jan 2005	0	1,065	43.16	6.32	$6,733
Dec 2004	0	1,094	39.86	6.75	$7,386
Nov 2004	0	843	45.28	6.33	$5,337
Oct 2004	0	907	49.70	6.52	$5,909
Sep 2004	0	931	43.24	5.28	$4,919
Aug 2004	0	797	42.37	5.55	$4,424
Jul 2004	0	1,166	38.28	6.08	$7,094
Jun 2004	0	1,419	36.10	6.43	$9,128
May 2004	0	1,734	37.48	6.49	$11,262
Apr 2004	0	1,831	34.47	5.86	$10,727
Mar 2004	0	2,293	34.36	5.53	$12,681
Feb 2004	0	2,622	32.45	5.51	$14,446
Jan 2004	0	2,280	32.03	6.30	$14,363
Dec 2003	0	2,606	30.26	6.30	$16,422
Nov 2003	0	3,684	28.80	4.60	$16,929
Oct 2003	0	3,750	28.17	4.76	$17,849
Sep 2003	0	3,454	26.31	4.75	$16,404
Aug 2003	0	3,863	29.76	5.13	$19,816
Jul 2003	0	3,937	29.41	5.17	$20,358
Jun 2003	0	3,636	28.56	5.98	$21,754
May 2003	0	4,534	26.59	5.97	$27,080
Apr 2003	0	4,305	26.67	5.41	$23,278
Mar 2003	0	3,398	31.14	6.10	$20,714
Feb 2003	71	4,757	33.48	7.93	$40,080
Jan 2003	0	5,182	30.31	5.58	$28,926
Dec 2002	0	5,943	26.91	4.85	$28,846
Nov 2002	0	5,796	24.66	4.14	$23,978
Oct 2002	0	6,467	26.46	4.23	$27,350
Sep 2002	0	6,437	27.44	3.64	$23,400
Aug 2002	0	7,197	25.96	3.16	$22,772
Jul 2002	0	6,844	24.58	3.06	$20,955
Jun 2002	0	5,323	23.73	3.34	$17,769
May 2002	0	6,725	24.66	3.58	$24,102

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.

Sep 2015 — as filed, then multipliedworked

Condensate            68 bbl  × $ 42.99 =     $2,923
Gas                    0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                   $2,923

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/198832 is the state's own key, not one this site invented.