WELDER, J. F. HEIRS-R

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the VIDAURI, WEST (4500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 63581District 02Field 93746500CondensateGasSaveExport
Value, all time
$3.3 M
Jan 1993 – Mar 2011
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
219
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1948-09-06
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

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 04/01/97.

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
CondensateDisposition174 bbl$11,308
GasProduction1,030,606 Mcf$3,283,328
Total$3,294,636

299,876 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 28.4794, -97.2290. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.47942, -97.22898 · 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
4,915 ft
1 wells filed one
Completion to plug
34.9 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 4,915 ft.

Completions filed
Sep 1975
1 of 1 wells
Plug dates filed
Aug 2010
1 of 1 wells

Last completion to plug: a median of 34.9 years across the 1 well that filed both dates, with the middle half between 34.9 years and 34.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3913043634,915 ftSep 1975Aug 2010Yes

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 (219)

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

219 months

Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 201143086.504.59$3,720
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010025771.124.24$1,088
Apr 2010044481.694.12$1,830
Mar 2010037278.394.39$1,633
Feb 2010035073.585.44$1,905
Jan 2010031074.365.96$1,849
Dec 2009063171.445.48$3,460
Nov 2009074174.593.75$2,780
Oct 2009072872.544.11$2,992
Sep 2009096865.543.06$2,967
Aug 200901,19267.423.22$3,836
Jul 200901,23461.133.46$4,275
Jun 200901,28866.163.90$5,017
May 200901,58654.743.93$6,226
Apr 200901,26746.773.59$4,545
Mar 200901,41242.144.06$5,731
Feb 200901,44032.814.63$6,672
Jan 200901,76635.865.37$9,485
Dec 200801,85937.105.98$11,112
Nov 200801,85555.496.86$12,726
Oct 200801,82975.246.92$12,660
Sep 200801,985101.767.88$15,636
Aug 200802,193114.228.48$18,603
Jul 200802,343131.0811.39$26,685
Jun 200802,141131.3313.03$27,903
May 200802,825123.1711.57$32,697
Apr 200803,102110.3110.45$32,431
Mar 200803,156101.909.66$30,500
Feb 200802,93592.538.77$25,742
Jan 200802,72690.388.21$22,369
Dec 200702,52788.337.30$18,452
Nov 200702,42391.677.29$17,668
Oct 2007762,89182.856.92$26,308
Sep 200702,76875.846.24$17,284
Aug 200703,54469.066.39$22,639
Jul 200703,51870.906.39$22,473
Jun 200703,43662.007.55$25,936
May 200703,91058.747.85$30,679
Apr 200702,22959.617.81$17,398
Mar 200703,84656.927.30$28,083
Feb 200703,63255.108.22$29,841
Jan 200703,91650.306.73$26,342
Dec 200602,46056.656.92$17,019
Nov 20060054.207.62$0
Oct 200602,81154.906.01$16,905
Sep 200605960.085.04$297
Aug 2006033668.717.34$2,466
Jul 2006078769.376.34$4,992
Jun 200604,55366.286.38$29,066
May 200607,25166.016.42$46,588
Apr 200608,22864.397.36$60,562
Mar 200605,83956.707.08$41,357
Feb 200608,12857.597.75$63,001
Jan 200609,23960.598.93$82,535
Dec 200506,32754.9413.42$84,879
Nov 200508,08254.6910.59$85,575
Oct 200507,21458.3413.80$99,523
Sep 200504,93161.4512.08$59,562
Aug 2005065361.519.80$6,397
Jul 200503,79555.697.84$29,767
Jun 200503,25252.337.38$24,003
May 200504,60945.226.65$30,655
Apr 200506,30449.207.36$46,400
Mar 2005078850.377.15$5,638
Feb 200501,85745.226.31$11,721
Jan 200501,06143.166.32$6,708
Dec 2004017739.866.75$1,195
Nov 200404,70645.286.33$29,791
Oct 2004062349.706.52$4,059
Sep 200406,44143.245.28$34,034
Aug 2004049142.375.55$2,725
Jul 200401,46038.286.08$8,883
Jun 2004067836.106.43$4,362
May 200403,04937.486.49$19,802
Apr 200403,64434.475.86$21,348
Mar 200404,46534.365.53$24,692
Feb 2004018332.455.51$1,008
Jan 200401,27032.036.30$8,001
Dec 200303,45230.266.30$21,753
Nov 200301,38128.804.60$6,346
Oct 200302,22428.174.76$10,585
Sep 200342,58826.314.75$12,397
Aug 200303,51529.765.13$18,031
Jul 200303,69129.415.17$19,086
Jun 200301,37828.565.98$8,245
May 200302,99126.595.97$17,864
Apr 200302,54926.675.41$13,783
Mar 200303,52531.146.10$21,489
Feb 200303,43833.487.93$27,249
Jan 200305,60030.315.58$31,259
Dec 200207,77626.914.85$37,743
Nov 200202,10324.664.14$8,700
Oct 200203,24226.464.23$13,711
Sep 200205,11327.443.64$18,587
Aug 200205,22525.963.16$16,533
Jul 200204,24524.583.06$12,997
Jun 200206,38423.733.34$21,311
May 200202,37624.663.58$8,516
Apr 2002493,81623.653.51$14,562
Mar 200202,59522.003.10$8,052
Feb 200203,44218.222.38$8,177
Jan 200204,87617.172.38$11,584
Dec 200104,93416.932.36$11,666
Nov 200103,68818.072.41$8,872
Oct 200105,25619.782.53$13,292
Sep 200104,51624.262.25$10,167
Aug 200104,82424.873.05$14,728
Jul 200104,89323.933.20$15,643
Jun 200106,11224.563.82$23,373
May 200104,58725.524.31$19,758
Apr 200107,04824.685.34$37,603
Mar 200103,51624.545.38$18,904
Feb 200105,61927.755.77$32,405
Jan 200104,76927.478.40$40,054
Dec 200006,98626.889.12$63,730
Nov 200007,05832.215.66$39,934
Oct 200006,95931.235.15$35,808
Sep 200006,09431.875.19$31,607
Aug 200008,37529.644.54$38,029
Jul 200006,28928.534.09$25,720
Jun 200002,31329.304.40$10,171
May 200004,17727.263.68$15,370
Apr 200006,28424.513.12$19,581
Mar 200006,12028.422.86$17,502
Feb 200004,27127.622.73$11,645
Jan 200006,56525.272.48$16,284
Dec 199907,35124.282.42$17,817
Nov 199905,55123.192.43$13,511
Oct 199907,36320.982.80$20,644
Sep 199904,73721.752.62$12,405
Aug 199904,81819.262.88$13,855
Jul 199908,22117.892.37$19,503
Jun 199905,34615.942.36$12,628
May 199905,57015.792.32$12,928
Apr 199906,62915.102.21$14,637
Mar 199908,70412.471.84$16,001
Feb 199909,5169.981.82$17,298
Jan 199909,97410.381.90$18,950
Dec 1998010,5039.201.77$18,625
Nov 199808,54510.892.19$18,677
Oct 199805,36712.421.97$10,569
Sep 199808,30012.592.08$17,286
Aug 1998012,14911.301.91$23,172
Jul 199809,91111.742.24$22,174
Jun 199808,92511.242.24$19,968
May 199808,00712.622.21$17,666
Apr 199808,80913.042.51$22,069
Mar 199808,31612.802.31$19,205
Feb 199808,00813.952.30$18,411
Jan 199809,80214.702.15$21,121
Dec 1997011,40916.322.41$27,508
Nov 199708,59618.193.09$26,547
Oct 199709,17219.253.15$28,890
Sep 1997010,64617.742.95$31,458
Aug 1997012,84117.862.55$32,805
Jul 1997010,18917.582.25$22,894
Jun 1997010,32217.242.26$23,299
May 1997011,88318.972.31$27,432
Apr 1997010,57217.882.08$22,019
Mar 1997012,12018.951.94$23,502
Feb 199703,54720.492.21$7,824
Jan 1997090723.483.54$3,211
Dec 199602,00823.32$0
Nov 199603,14621.97$0
Oct 199605,07723.31$0
Sep 199605,51022.22$0
Aug 199605,72120.26$0
Jul 199607,08619.55$0
Jun 199606,98118.73$0
May 199607,72419.43$0
Apr 199607,46921.51$0
Mar 199607,21319.38$0
Feb 199606,42616.98$0
Jan 199607,17317.07$0
Dec 199506,63617.19$0
Nov 199506,56116.00$0
Oct 199507,75015.43$0
Sep 199506,73416.18$0
Aug 199507,15515.92$0
Jul 199507,58115.24$0
Jun 199504,90716.41$0
May 199504,28217.56$0
Apr 199504,52317.73$0
Mar 199503,96416.44$0
Feb 199503,80816.58$0
Jan 199505,30215.92$0
Dec 199406,29415.03$0
Nov 199406,54415.90$0
Oct 199407,17815.58$0
Sep 199404,34415.29$0
Aug 199406,09316.13$0
Jul 199405,19717.56$0
Jun 199406,27517.09$0
May 199406,26415.88$0
Apr 199406,18314.14$0
Mar 199406,56512.46$0
Feb 199414,70212.50$13
Jan 199406,33412.66$0
Dec 199304,95512.33$0
Nov 199306,02214.49$0
Oct 199307,05315.85$0
Sep 199307,12315.03$0
Aug 199307,35715.66$0
Jul 199318,68115.46$15
Jun 199306,57216.79$0
May 199307,61217.68$0
Apr 199307,60818.05$0
Mar 199307,82018.14$0
Feb 199307,61117.90$0
Jan 199308,75216.93$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.

Jan 2011 — as filed, then multipliedworked
Condensate            43 bbl  × $ 86.50 =     $3,720
Gas                    0 Mcf  × $  4.59 =         $0

────────────────────────────────────────────────────
Month total                                   $3,720

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/63581 is the state's own key, not one this site invented.