WELDER

Operated by B&L EXPLORATION, L.L.C. (P-5 40597) in the KATIE WELDER (F-4) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 275703District 02Field 48268100CondensateGasSaveExport
Value, all time
$3.5 M
Oct 2014 – Feb 2022
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
89
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 3 leases and 8 wells, and the rule below applies to all of them.

Discovered
1982-11-20
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

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
CondensateDisposition4,003 bbl$175,927
GasProduction1,210,262 Mcf$3,362,744
Total$3,538,670

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 28.6406, -96.7897. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.64058, -96.78971 · 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
6,076 ft
1 wells filed one
Completion to plug
7.4 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 6,076 ft.

Completions filed
Sep 2014
1 of 1 wells
Plug dates filed
Feb 2022
1 of 1 wells

Last completion to plug: a median of 7.4 years across the 1 well that filed both dates, with the middle half between 7.4 years and 7.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0573179616,076 ftSep 2014Feb 2022Yes

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 (89)

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

89 months

Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 2021038071.323.90$1,482
Nov 2021058477.435.24$3,058
Oct 2021069279.795.71$3,954
Sep 2021071669.865.35$3,831
Aug 202101,02166.024.22$4,309
Jul 202101,08170.783.98$4,305
Jun 202101,07569.493.38$3,634
May 2021052463.483.02$1,581
Apr 2021027160.362.76$748
Mar 202101,16261.302.72$3,157
Feb 2021047757.805.55$2,646
Jan 202101,59350.412.81$4,477
Dec 202001,21344.642.68$3,245
Nov 202002,24038.772.71$6,063
Oct 202002,47936.972.48$6,144
Sep 202002,21537.091.99$4,410
Aug 202002,37139.982.39$5,655
Jul 202001,80238.371.83$3,289
Jun 202001,55534.901.69$2,628
May 202002,64516.921.81$4,800
Apr 202002,76214.751.80$4,984
Mar 202002,10530.341.86$3,907
Feb 202002,77549.881.98$5,496
Jan 202002,67957.252.09$5,612
Dec 201902,40559.012.30$5,542
Nov 201901,73255.302.75$4,764
Oct 201902,26653.472.42$5,480
Sep 201902,47855.052.66$6,585
Aug 201902,91653.112.30$6,720
Jul 201902,97156.272.46$7,309
Jun 201902,85852.782.49$7,120
May 201963,19158.482.74$9,095
Apr 2019273,28562.632.75$10,727
Mar 2019303,57756.803.06$12,657
Feb 201903,35250.852.79$9,360
Jan 201903,21646.033.23$10,382
Dec 2018124,28946.594.19$18,510
Nov 20182714,18852.934.24$32,090
Oct 201805,42961.443.40$18,448
Sep 201805,77559.543.11$17,949
Aug 2018786,47959.403.07$24,501
Jul 201807,31065.142.93$21,432
Jun 201807,31760.183.08$22,514
May 201809,10965.382.90$26,423
Apr 201808,95863.842.90$25,985
Mar 2018010,21061.222.79$28,454
Feb 201808,14261.782.77$22,522
Jan 2018011,92762.874.01$47,819
Dec 2017012,45757.272.92$36,393
Nov 2017013,56255.423.12$42,291
Oct 2017013,38549.292.98$39,937
Sep 2017014,41447.523.09$44,500
Aug 2017012,34345.373.00$37,083
Jul 2017015,61543.873.09$48,208
Jun 2017016,59442.493.09$51,230
May 201716019,14245.373.26$69,727
Apr 2017019,06147.933.21$61,216
Mar 2017020,97946.772.98$62,595
Feb 2017019,90350.452.95$58,766
Jan 2017022,09749.413.42$75,545
Dec 201613824,90148.763.72$99,431
Nov 201616323,52842.492.64$69,142
Oct 2016022,83046.193.09$70,551
Sep 2016027,44641.553.10$85,100
Aug 2016031,20541.442.92$91,254
Jul 201615625,86541.622.92$82,131
Jun 2016026,37145.352.69$70,828
May 201616230,39742.521.99$67,410
Apr 201616933,12936.561.99$72,140
Mar 2016036,90533.011.79$66,208
Feb 201616933,20426.472.06$72,994
Jan 201616036,98827.352.36$91,829
Dec 201515940,45332.362.00$86,108
Nov 201516533,42838.792.17$78,850
Oct 201516842,73643.552.43$111,019
Sep 201516940,19642.992.76$118,143
Aug 201533141,13340.162.87$131,447
Jul 201516246,57248.152.95$144,959
Jun 201516744,39056.152.88$137,347
May 201517844,49955.212.96$141,342
Apr 201529642,52049.822.71$129,830
Mar 201516143,41942.892.93$134,327
Feb 201517734,64444.662.98$111,012
Jan 201516928,40543.433.10$95,413
Dec 2014015,74954.693.59$56,560
Nov 20140070.464.25$0
Oct 20140078.303.90$0

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.

Dec 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.32 =         $0
Gas                  380 Mcf  × $  3.90 =     $1,482

────────────────────────────────────────────────────
Month total                                   $1,482

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/275703 is the state's own key, not one this site invented.