RIEDEL, WALTER G. JR.

Operated by KARBUHN OIL COMPANY (P-5 450790) in the DAVY (EDWARDS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 47193District 02Field 23473250CondensateGasSave
Value, all time
$408 k
Jan 1993 – Feb 2007
Value, last 12 filed months
$567
at the published price for each month
Months reported
170
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition1,876 bbl$35,139
GasProduction235,688 Mcf$372,654
Total$407,793

113,145 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 29.0779, -97.7550. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.07786, -97.75504 · 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
11,500 ft
1 wells filed one
Completion to plug
42.8 years
median over 1 wells

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 11,500 ft.

Completions filed
Jan 1964
1 of 1 wells
Plug dates filed
Oct 2006
1 of 1 wells

Last completion to plug: a median of 42.8 years across the 1 well that filed both dates, with the middle half between 42.8 years and 42.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-25500197111,500 ftJan 1964Oct 2006Yes

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 (170)

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

170 months

Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 200610056.656.92$567
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 2004017732.455.51$975
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 200301328.804.60$60
Oct 200304328.174.76$205
Sep 200304126.314.75$195
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 2003010128.565.98$604
May 200321126.595.97$564
Apr 20030026.675.41$0
Mar 200302631.146.10$159
Feb 20030533.487.93$40
Jan 200302430.315.58$134
Dec 20020826.914.85$39
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 2002015023.733.34$501
May 2002040924.663.58$1,466
Apr 2002022423.653.51$787
Mar 2002012522.003.10$388
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001759016.932.36$1,483
Nov 2001033418.072.41$803
Oct 2001049919.782.53$1,262
Sep 2001055524.262.25$1,249
Aug 2001051424.873.05$1,569
Jul 2001040123.933.20$1,282
Jun 2001022224.563.82$849
May 200112050325.524.31$5,229
Apr 2001079824.685.34$4,258
Mar 2001071824.545.38$3,860
Feb 200101,88327.755.77$10,859
Jan 200102,10927.478.40$17,713
Dec 200002,69526.889.12$24,585
Nov 200001,68832.215.66$9,551
Oct 200002,11731.235.15$10,893
Sep 2000192,46731.875.19$13,401
Aug 200002,12829.644.54$9,663
Jul 200001,47628.534.09$6,036
Jun 2000752,38629.304.40$12,689
May 200002,60327.263.68$9,578
Apr 200002,13524.513.12$6,653
Mar 200003,10028.422.86$8,865
Feb 20001092,90027.622.73$10,917
Jan 200001,91925.272.48$4,760
Dec 199901,44524.282.42$3,502
Nov 199902,44823.192.43$5,958
Oct 199902,47020.982.80$6,925
Sep 199902,07921.752.62$5,445
Aug 1999682,17719.262.88$7,570
Jul 199902,44317.892.37$5,796
Jun 199902,23715.942.36$5,284
May 19991181,74515.792.32$5,913
Apr 199902,82615.102.21$6,240
Mar 199901,61012.471.84$2,960
Feb 199903,0329.981.82$5,512
Jan 199902,36310.381.90$4,490
Dec 199802,7499.201.77$4,875
Nov 199801,75310.892.19$3,832
Oct 199801,31612.421.97$2,591
Sep 19981833,16512.592.08$8,895
Aug 199801,94211.301.91$3,704
Jul 199802,95311.742.24$6,607
Jun 199802,24011.242.24$5,011
May 199802,57012.622.21$5,670
Apr 19981141,77713.042.51$5,939
Mar 199802,11512.802.31$4,884
Feb 199801,42413.952.30$3,274
Jan 199802,32114.702.15$5,001
Dec 199702,76316.322.41$6,662
Nov 199702,97318.193.09$9,181
Oct 199701,78819.253.15$5,632
Sep 199702,45017.742.95$7,239
Aug 199702,78317.862.55$7,110
Jul 199703,07217.582.25$6,903
Jun 199701,80817.242.26$4,081
May 199702,54518.972.31$5,875
Apr 199702,38817.882.08$4,974
Mar 199704,09318.951.94$7,937
Feb 1997362,47620.492.21$6,199
Jan 199702,61723.483.54$9,263
Dec 1996074823.32$0
Nov 1996053421.97$0
Oct 1996471,05223.31$1,096
Sep 199601,38822.22$0
Aug 199601,19220.26$0
Jul 1996079919.55$0
Jun 1996651,51218.73$1,217
May 199602,56119.43$0
Apr 199602,25621.51$0
Mar 19961172,14819.38$2,267
Feb 199602,10116.98$0
Jan 199602,23717.07$0
Dec 199502,29217.19$0
Nov 1995982,40316.00$1,568
Oct 199502,37115.43$0
Sep 199502,85616.18$0
Aug 199503,04215.92$0
Jul 199503,05615.24$0
Jun 1995812,40416.41$1,329
May 199502,46317.56$0
Apr 19951012,56917.73$1,791
Mar 199502,09716.44$0
Feb 199502,51216.58$0
Jan 199502,19315.92$0
Dec 199402,99015.03$0
Nov 199403,00515.90$0
Oct 199403,39415.58$0
Sep 1994473,36515.29$719
Aug 199404,03316.13$0
Jul 199403,15817.56$0
Jun 199410991517.09$1,863
May 1994096315.88$0
Apr 199401,37514.14$0
Mar 199401,21812.46$0
Feb 199402,48512.50$0
Jan 199401,20512.66$0
Dec 199302,24512.33$0
Nov 199303,48314.49$0
Oct 199303,09015.85$0
Sep 1993652,47215.03$977
Aug 199302,32715.66$0
Jul 1993903,11915.46$1,391
Jun 199302,64516.79$0
May 199302,74317.68$0
Apr 19931083,41218.05$1,949
Mar 199303,51018.14$0
Feb 199303,37317.90$0
Jan 199303,83416.93$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 2006 — as filed, then multipliedworked
Condensate            10 bbl  × $ 56.65 =       $567
Gas                    0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                     $567

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/47193 is the state's own key, not one this site invented.