WELDER RANCH

Operated by CHESAPEAKE OPERATING, INC. (P-5 147715) in the ROB WELDER (WILCOX 10,400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 226425District 02Field 77205695CondensateGasSaveExport
Value, all time
$573 k
Oct 2006 – Jan 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
76
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1998-03-23
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

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
CondensateDisposition991 bbl$66,542
GasProduction74,667 Mcf$506,667
Total$573,209

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 28.9894, -97.0536. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.98937, -97.05360 · 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
12,150 ft
1 wells filed one
Completion to plug
6.3 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 12,150 ft.

Completions filed
Oct 2006
1 of 1 wells
Plug dates filed
Jan 2013
1 of 1 wells

Last completion to plug: a median of 6.3 years across the 1 well that filed both dates, with the middle half between 6.3 years and 6.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-46934009112,150 ftOct 2006Jan 2013Yes

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 (76)

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

76 months

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 2011033998.134.40$1,493
Apr 20110183105.964.33$793
Mar 2011040596.364.06$1,643
Feb 2011033785.644.18$1,409
Jan 2011035386.504.59$1,620
Dec 2010056985.734.35$2,474
Nov 2010029280.843.80$1,108
Oct 201015349278.103.51$13,676
Sep 2010033272.633.98$1,321
Aug 2010028873.684.42$1,273
Jul 2010051872.554.74$2,454
Jun 2010044770.364.91$2,195
May 2010050271.124.24$2,126
Apr 2010056781.694.12$2,338
Mar 2010050878.394.39$2,229
Feb 2010055273.585.44$3,004
Jan 2010069574.365.96$4,145
Dec 200901,48271.445.48$8,127
Nov 2009140674.593.75$1,598
Oct 2009048272.544.11$1,981
Sep 2009052665.543.06$1,612
Aug 2009041667.423.22$1,339
Jul 2009052861.133.46$1,829
Jun 2009076566.163.90$2,980
May 2009050354.743.93$1,975
Apr 2009087046.773.59$3,121
Mar 200901,02042.144.06$4,140
Feb 2009054732.814.63$2,534
Jan 200915480535.865.37$9,846
Dec 2008095737.105.98$5,720
Nov 2008044855.496.86$3,073
Oct 200801,29575.246.92$8,964
Sep 20080623101.767.88$4,907
Aug 2008186553114.228.48$25,936
Jul 20080873131.0811.39$9,943
Jun 200801,149131.3313.03$14,974
May 20080757123.1711.57$8,762
Apr 200801,098110.3110.45$11,479
Mar 200801,027101.909.66$9,925
Feb 2008088392.538.77$7,744
Jan 200801,00790.388.21$8,263
Dec 200701,08688.337.30$7,930
Nov 200701,30691.677.29$9,523
Oct 200701,45382.856.92$10,058
Sep 200701,13175.846.24$7,062
Aug 200701,57669.066.39$10,067
Jul 2007099170.906.39$6,330
Jun 200702,25862.007.55$17,044
May 200701,89458.747.85$14,861
Apr 200701,76359.617.81$13,761
Mar 20071372,14456.927.30$23,453
Feb 200703,13155.108.22$25,724
Jan 200703,47150.306.73$23,349
Dec 20061806,66256.656.92$56,288
Nov 20061809,50854.207.62$82,183
Oct 200609,89454.906.01$59,501

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 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.13 =         $0
Gas                  339 Mcf  × $  4.40 =     $1,493

────────────────────────────────────────────────────
Month total                                   $1,493

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/226425 is the state's own key, not one this site invented.