WELDER "C"

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the PHIL POWER (4870) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 224616District 02Field 71211220CondensateGasSaveExport
Value, all time
$2.5 M
Jun 2006 – Jun 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
121
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1973-11-25
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 06/01/2007.

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
CondensateDisposition8,818 bbl$652,443
GasProduction295,808 Mcf$1,876,661
Total$2,529,104

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 28.4795, -97.1935. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.47947, -97.19354 · 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
6,110 ft
1 wells filed one
Completion to plug
19 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 6,110 ft.

Completions filed
Dec 2013
1 of 1 wells
Plug dates filed
Jul 2015
1 of 1 wells

Last completion to plug: a median of 19 months across the 1 well that filed both dates, with the middle half between 19 months and 19 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-39132166236,110 ftDec 2013Jul 2015Yes

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 (121)

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

121 months

Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 2014147095.895.06$14,096
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 201301,60794.834.15$6,668
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013032291.603.42$1,101
Dec 2012040386.773.42$1,378
Nov 20120086.953.62$0
Oct 201207189.383.40$241
Sep 2012061694.672.92$1,798
Aug 2012016392.662.91$474
Jul 20120085.133.02$0
Jun 2012051779.822.52$1,302
May 2012881,97491.612.49$12,974
Apr 201200101.652.00$0
Mar 201201,851105.052.22$4,113
Feb 201214463101.102.57$14,720
Jan 20120098.092.73$0
Dec 201103,63996.873.24$11,789
Nov 2011010995.723.31$361
Oct 201113541484.983.65$12,983
Sep 2011016783.623.99$666
Aug 20110683.404.15$25
Jul 2011021194.144.52$953
Jun 201101,24792.904.64$5,786
May 201101,97398.134.40$8,691
Apr 2011572,362105.964.33$16,275
Mar 201102,05996.364.06$8,354
Feb 20111572,74285.644.18$24,907
Jan 20111603,94486.504.59$31,938
Dec 201003,64785.734.35$15,856
Nov 201002,47180.843.80$9,378
Oct 20101622,76078.103.51$22,337
Sep 201003,79372.633.98$15,094
Aug 20101583,54773.684.42$27,317
Jul 20101592,94072.554.74$25,461
Jun 201002,66770.364.91$13,096
May 20101602,90971.124.24$23,699
Apr 201003,39081.694.12$13,976
Mar 20101623,67578.394.39$28,828
Feb 201003,00773.585.44$16,365
Jan 20101623,17074.365.96$30,952
Dec 20091603,18971.445.48$28,918
Nov 200903,11974.593.75$11,701
Oct 20091273,94172.544.11$25,411
Sep 20092223,16265.543.06$24,241
Aug 200903,23567.423.22$10,412
Jul 20093173,64761.133.46$32,013
Jun 200906,02666.163.90$23,471
May 20091634,18554.743.93$25,352
Apr 20091603,82346.773.59$21,198
Mar 20093154,42642.144.06$31,239
Feb 200904,39132.814.63$20,344
Jan 20093245,16235.865.37$39,344
Dec 20083175,28037.105.98$43,320
Nov 200804,89055.496.86$33,547
Oct 20081605,28875.246.92$48,642
Sep 20083186,010101.767.88$79,701
Aug 20083066,010114.228.48$85,934
Jul 20081605,231131.0811.39$80,551
Jun 20081635,458131.3313.03$92,539
May 20081635,788123.1711.57$87,069
Apr 20081635,396110.3110.45$74,395
Mar 20081635,467101.909.66$69,443
Feb 20081645,40292.538.77$62,554
Jan 20081525,19090.388.21$56,326
Dec 20071635,32588.337.30$53,281
Nov 20071624,10891.677.29$44,805
Oct 2007016082.856.92$1,108
Sep 200716414075.846.24$13,312
Aug 20071675,95769.066.39$49,586
Jul 20071667,79270.906.39$61,544
Jun 20073266,92962.007.55$72,515
May 200709,28458.747.85$72,845
Apr 20074865,36259.617.81$70,822
Mar 200708,75756.927.30$63,943
Feb 20073276,63455.108.22$72,523
Jan 20071683,76350.306.73$33,764
Dec 20061656,29256.656.92$52,878
Nov 20063045,95354.207.62$61,824
Oct 20063044,28354.906.01$42,447
Sep 20064813,10060.085.04$68,871
Aug 2006010,31368.717.34$75,697
Jul 2006011,74969.376.34$74,521
Jun 200601,75566.286.38$11,204

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 2014 — as filed, then multipliedworked
Condensate           147 bbl  × $ 95.89 =    $14,096
Gas                    0 Mcf  × $  5.06 =         $0

────────────────────────────────────────────────────
Month total                                  $14,096

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/224616 is the state's own key, not one this site invented.