WILLIAMS

Name: WILLIAMS lease production and value, Dec 2006 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the MORALES, N. (9250) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 224928District 02Field 62797975CondensateGasSave Export

Value, all time

$3.6 M

Dec 2006 – Dec 2018

Value, last 12 filed months

at the published price for each month

Months reported

145

no gaps in the span

Streams

condensate, gas

The MORALES, N. (9250) 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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered

1976-06-30

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 01/01/99.”

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	30,139 bbl	$2,218,415
Gas	Production	244,885 Mcf	$1,411,721
Total			$3,630,136

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 29.1769, -96.7686. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.17692, -96.76862 · 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

10,850 ft

1 wells filed one

Completion to plug

12.0 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 10,850 ft.

Completions filed

Dec 2006

1 of 1 wells

Plug dates filed

Dec 2018

1 of 1 wells

Last completion to plug: a median of 12.0 years across the 1 well that filed both dates, with the middle half between 12.0 years and 12.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-23933353	1	10,850 ft	Dec 2006	Dec 2018	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 (145)

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

145 months


Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	67	47.93	3.21	$215
Mar 2017	171	408	46.77	2.98	$9,215
Feb 2017	0	1,158	50.45	2.95	$3,419
Jan 2017	0	27	49.41	3.42	$92
Dec 2016	0	400	48.76	3.72	$1,489
Nov 2016	188	921	42.49	2.64	$10,424
Oct 2016	0	1,069	46.19	3.09	$3,303
Sep 2016	0	816	41.55	3.10	$2,530
Aug 2016	0	1,037	41.44	2.92	$3,033
Jul 2016	0	911	41.62	2.92	$2,664
Jun 2016	0	992	45.35	2.69	$2,664
May 2016	181	1,038	42.52	1.99	$9,763
Apr 2016	0	755	36.56	1.99	$1,503
Mar 2016	0	1,039	33.01	1.79	$1,864
Feb 2016	0	58	26.47	2.06	$120
Jan 2016	186	716	27.35	2.36	$6,780
Dec 2015	0	1,481	32.36	2.00	$2,964
Nov 2015	0	1,096	38.79	2.17	$2,375
Oct 2015	185	1,006	43.55	2.43	$10,498
Sep 2015	0	1,004	42.99	2.76	$2,769
Aug 2015	187	1,900	40.16	2.87	$12,968
Jul 2015	0	1,501	48.15	2.95	$4,421
Jun 2015	0	1,020	56.15	2.88	$2,941
May 2015	0	1,119	55.21	2.96	$3,307
Apr 2015	157	790	49.82	2.71	$9,960
Mar 2015	0	668	42.89	2.93	$1,960
Feb 2015	0	1,185	44.66	2.98	$3,527
Jan 2015	0	169	43.43	3.10	$524
Dec 2014	0	1,124	54.69	3.59	$4,037
Nov 2014	180	820	70.46	4.25	$16,169
Oct 2014	0	1,375	78.30	3.90	$5,364
Sep 2014	173	1,225	86.16	4.05	$19,861
Aug 2014	0	1,320	89.39	4.04	$5,326
Jul 2014	174	1,924	96.56	4.18	$24,843
Jun 2014	0	1,088	98.16	4.74	$5,154
May 2014	179	1,120	94.73	4.73	$22,250
Apr 2014	0	1,570	95.94	4.81	$7,550
Mar 2014	180	1,100	95.89	5.06	$22,823
Feb 2014	179	1,183	97.40	6.19	$24,760
Jan 2014	0	1,156	90.40	4.86	$5,619
Dec 2013	175	1,916	91.82	4.35	$24,412
Nov 2013	175	1,912	88.85	3.74	$22,696
Oct 2013	173	1,540	97.42	3.78	$22,674
Sep 2013	172	1,370	104.11	3.72	$23,000
Aug 2013	196	1,424	104.25	3.52	$25,449
Jul 2013	178	874	102.52	3.72	$21,498
Jun 2013	0	83	94.40	3.93	$326
May 2013	0	1,807	94.83	4.15	$7,497
Apr 2013	185	1,155	93.96	4.28	$22,329
Mar 2013	0	1,320	93.62	3.91	$5,165
Feb 2013	0	1,372	91.23	3.42	$4,692
Jan 2013	176	1,105	91.60	3.42	$19,901
Dec 2012	0	816	86.77	3.42	$2,791
Nov 2012	0	1,117	86.95	3.62	$4,049
Oct 2012	0	1,288	89.38	3.40	$4,379
Sep 2012	204	1,331	94.67	2.92	$23,197
Aug 2012	0	1,507	92.66	2.91	$4,383
Jul 2012	196	1,533	85.13	3.02	$21,316
Jun 2012	189	1,441	79.82	2.52	$18,716
May 2012	0	1,375	91.61	2.49	$3,421
Apr 2012	0	1,444	101.65	2.00	$2,883
Mar 2012	191	1,848	105.05	2.22	$24,171
Feb 2012	0	1,413	101.10	2.57	$3,632
Jan 2012	0	1,344	98.09	2.73	$3,675
Dec 2011	192	1,184	96.87	3.24	$22,435
Nov 2011	0	844	95.72	3.31	$2,795
Oct 2011	180	820	84.98	3.65	$18,288
Sep 2011	186	808	83.62	3.99	$18,774
Aug 2011	0	1,054	83.40	4.15	$4,373
Jul 2011	0	1,852	94.14	4.52	$8,366
Jun 2011	382	1,552	92.90	4.64	$42,689
May 2011	0	1,182	98.13	4.40	$5,207
Apr 2011	189	916	105.96	4.33	$23,996
Mar 2011	0	496	96.36	4.06	$2,012
Feb 2011	0	1,187	85.64	4.18	$4,962
Jan 2011	389	1,083	86.50	4.59	$38,618
Dec 2010	0	987	85.73	4.35	$4,291
Nov 2010	211	888	80.84	3.80	$20,427
Oct 2010	200	756	78.10	3.51	$18,273
Sep 2010	178	788	72.63	3.98	$16,064
Aug 2010	187	1,039	73.68	4.42	$18,370
Jul 2010	197	1,006	72.55	4.74	$19,057
Jun 2010	181	139	70.36	4.91	$13,418
May 2010	179	1,753	71.12	4.24	$20,155
Apr 2010	175	2,033	81.69	4.12	$22,677
Mar 2010	176	2,507	78.39	4.39	$24,799
Feb 2010	330	2,461	73.58	5.44	$37,675
Jan 2010	191	1,692	74.36	5.96	$24,294
Dec 2009	368	2,057	71.44	5.48	$37,570
Nov 2009	191	2,197	74.59	3.75	$22,489
Oct 2009	177	2,999	72.54	4.11	$25,166
Sep 2009	362	1,855	65.54	3.06	$29,411
Aug 2009	168	2,838	67.42	3.22	$20,461
Jul 2009	364	3,732	61.13	3.46	$35,181
Jun 2009	180	2,784	66.16	3.90	$22,752
May 2009	367	2,429	54.74	3.93	$29,625
Apr 2009	0	254	46.77	3.59	$911
Mar 2009	375	3,373	42.14	4.06	$29,494
Feb 2009	188	1,304	32.81	4.63	$12,210
Jan 2009	552	262	35.86	5.37	$21,202
Dec 2008	380	2,370	37.10	5.98	$28,264
Nov 2008	364	3,153	55.49	6.86	$41,829
Oct 2008	569	3,037	75.24	6.92	$63,834
Sep 2008	361	2,097	101.76	7.88	$53,254
Aug 2008	361	3,594	114.22	8.48	$71,721
Jul 2008	550	3,908	131.08	11.39	$116,604
Jun 2008	355	4,362	131.33	13.03	$103,470
May 2008	598	4,353	123.17	11.57	$124,039
Apr 2008	572	4,047	110.31	10.45	$105,408
Mar 2008	569	4,448	101.90	9.66	$100,967
Feb 2008	569	4,165	92.53	8.77	$89,179
Jan 2008	567	4,300	90.38	8.21	$86,530
Dec 2007	715	2,685	88.33	7.30	$82,762
Nov 2007	546	2,740	91.67	7.29	$70,031
Oct 2007	745	3,255	82.85	6.92	$84,254
Sep 2007	367	3,914	75.84	6.24	$52,273
Aug 2007	917	4,697	69.06	6.39	$93,332
Jul 2007	361	4,605	70.90	6.39	$55,011
Jun 2007	703	4,109	62.00	7.55	$74,603
May 2007	921	301	58.74	7.85	$56,461
Apr 2007	1,123	7,013	59.61	7.81	$121,680
Mar 2007	1,112	8,307	56.92	7.30	$123,953
Feb 2007	1,680	9,403	55.10	8.22	$169,823
Jan 2007	2,549	14,143	50.30	6.73	$223,353
Dec 2006	1,040	9,077	56.65	6.92	$121,715

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.

Apr 2017 — as filed, then multipliedworked

Condensate             0 bbl  × $ 47.93 =         $0
Gas                   67 Mcf  × $  3.21 =       $215

────────────────────────────────────────────────────
Month total                                     $215

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/224928 is the state's own key, not one this site invented.