WELDER

Operated by B&L EXPLORATION, L.L.C. (P-5 40597) in the SHERIFF (9400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 281978District 02Field 83141912CondensateGasSaveExport
Value, all time
$824 k
Mar 2017 – Jan 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
59
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1961-04-25
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 08/01/2018.

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
CondensateDisposition5,965 bbl$287,021
GasProduction175,508 Mcf$537,427
Total$824,448

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 28.6004, -96.7564. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.60045, -96.75640 · 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
9,936 ft
1 wells filed one
Completion to plug
4.8 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 9,936 ft.

Completions filed
Mar 2017
1 of 1 wells
Plug dates filed
Jan 2022
1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0573180239,936 ftMar 2017Jan 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 (59)

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

59 months

Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202005344.642.68$142
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 202004337.091.99$86
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 202003534.901.69$59
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202003030.341.86$56
Feb 20200049.881.98$0
Jan 202003157.252.09$65
Dec 2019022659.012.30$521
Nov 2019054955.302.75$1,510
Oct 201901,72753.472.42$4,177
Sep 201901,43055.052.66$3,800
Aug 201901,63453.112.30$3,765
Jul 201901,80756.272.46$4,445
Jun 201901,67352.782.49$4,168
May 201901,65858.482.74$4,543
Apr 2019121,64262.632.75$5,268
Mar 201921,87456.803.06$5,852
Feb 2019286750.852.79$2,523
Jan 2019039046.033.23$1,259
Dec 20180046.594.19$0
Nov 20184163152.934.24$4,844
Oct 2018080461.443.40$2,732
Sep 2018261,02859.543.11$4,743
Aug 2018561,66759.403.07$8,438
Jul 2018542,14765.142.93$9,812
Jun 2018431,43260.183.08$6,994
May 20182299665.382.90$4,328
Apr 2018501,92763.842.90$8,782
Mar 2018531,93761.222.79$8,643
Feb 2018952,90761.782.77$13,910
Jan 20181574,78062.874.01$29,035
Dec 20171666,39157.272.92$28,178
Nov 20172877,66555.423.12$39,808
Oct 201717710,22849.292.98$39,241
Sep 201766513,50147.523.09$73,282
Aug 201750912,50945.373.00$60,675
Jul 201767718,24343.873.09$86,021
Jun 201751620,17342.493.09$84,205
May 20171,23219,30045.373.26$118,879
Apr 201735811,04047.933.21$52,615
Mar 201776520,53346.772.98$97,043

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 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 44.64 =         $0
Gas                   53 Mcf  × $  2.68 =       $142

────────────────────────────────────────────────────
Month total                                     $142

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/281978 is the state's own key, not one this site invented.