WELDER, R. H.

Operated by CICO OIL & GAS COMPANY (P-5 153410) in the ROB WELDER SW. (8500 WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 93323District 02Field 77483500NGPA filingCondensateGasSaveExport
Value, all time
$1.7 M
Jan 1993 – Jul 2002
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
115
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1981-01-28
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: ALLOCATION FORMULA EFF. 8-1-81 PER AMENDMENT TO SWR 28 & 29

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition29,710 bbl$505,510
GasProduction1,092,704 Mcf$1,203,074
Total$1,708,584

625,326 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 28.9605, -97.1298. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.96054, -97.12984 · 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
9,230 ft
1 wells filed one
Completion to plug
21.3 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 9,230 ft.

Completions filed
Jan 1981
1 of 1 wells
Plug dates filed
Apr 2002
1 of 1 wells

Last completion to plug: a median of 21.3 years across the 1 well that filed both dates, with the middle half between 21.3 years and 21.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-469316901 T9,230 ftJan 1981Apr 2002Yes

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 (115)

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

115 months

Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002132024.663.58$3,255
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20011116.932.36$19
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20001996,20126.889.12$61,918
Nov 200002,86232.215.66$16,193
Oct 200003,47631.235.15$17,886
Sep 20001863,84731.875.19$25,880
Aug 200003,51229.644.54$15,947
Jul 200003,07228.534.09$12,564
Jun 20001963,02129.304.40$19,027
May 20001873,33127.263.68$17,355
Apr 200003,48324.513.12$10,853
Mar 200003,83728.422.86$10,973
Feb 20003573,48127.622.73$19,351
Jan 200003,51325.272.48$8,714
Dec 199903,16024.282.42$7,659
Nov 199904,29323.192.43$10,449
Oct 19993585,03820.982.80$21,636
Sep 199904,69621.752.62$12,298
Aug 19995445,93719.262.88$27,550
Jul 19991848,67717.892.37$23,877
Jun 19991816,63015.942.36$18,546
May 199916,50015.792.32$15,102
Apr 19993827,75515.102.21$22,892
Mar 19991919,18812.471.84$19,272
Feb 19991908,0499.981.82$16,528
Jan 19991976,00410.381.90$13,452
Dec 199819811,6389.201.77$22,460
Nov 199838012,10410.892.19$30,594
Oct 199818713,46312.421.97$28,834
Sep 199835911,79712.592.08$29,088
Aug 199818812,21011.301.91$25,413
Jul 199838013,08911.742.24$33,745
Jun 199837214,11611.242.24$35,763
May 199818114,70012.622.21$34,717
Apr 199836414,85813.042.51$41,971
Mar 199836415,78112.802.31$41,104
Feb 1998014,66413.952.30$33,714
Jan 199872316,38214.702.15$45,928
Dec 199736416,06516.322.41$44,675
Nov 199736115,92418.193.09$55,744
Oct 199736116,66819.253.15$59,450
Sep 199736016,41617.742.95$54,894
Aug 199771117,27517.862.55$56,832
Jul 199773417,60917.582.25$52,470
Jun 199718817,88117.242.26$43,602
May 199735916,78618.972.31$45,561
Apr 199736213,76617.882.08$35,144
Mar 199719013,39118.951.94$29,568
Feb 199739810,17120.492.21$30,591
Jan 199720111,06023.483.54$43,869
Dec 199639411,50623.32$9,188
Nov 199637813,44321.97$8,305
Oct 199639114,07723.31$9,114
Sep 199636213,08922.22$8,044
Aug 199638413,83220.26$7,780
Jul 199618013,36619.55$3,519
Jun 199656812,53918.73$10,639
May 199636312,46519.43$7,053
Apr 199635912,32521.51$7,722
Mar 199636112,43919.38$6,996
Feb 199635712,07716.98$6,062
Jan 199636413,24117.07$6,213
Dec 199536013,31917.19$6,188
Nov 199536312,81616.00$5,808
Oct 199535812,77615.43$5,524
Sep 199535812,55516.18$5,792
Aug 199535612,68815.92$5,668
Jul 199535512,33015.24$5,410
Jun 199535613,44516.41$5,842
May 199535913,68817.56$6,304
Apr 199535912,80217.73$6,365
Mar 199536213,55516.44$5,951
Feb 199536011,64316.58$5,969
Jan 199536413,35515.92$5,795
Dec 199436013,39715.03$5,411
Nov 199436012,80215.90$5,724
Oct 199435513,06115.58$5,531
Sep 199418712,23515.29$2,859
Aug 199435612,92016.13$5,742
Jul 199435413,18517.56$6,216
Jun 199435312,51417.09$6,033
May 199435913,09615.88$5,701
Apr 199435713,23514.14$5,048
Mar 199435813,71212.46$4,461
Feb 199472812,60512.50$9,100
Jan 199436113,52112.66$4,570
Dec 199335913,34112.33$4,426
Nov 199336013,26914.49$5,216
Oct 199335813,65215.85$5,674
Sep 199335712,83415.03$5,366
Aug 199335613,16715.66$5,575
Jul 199335513,88015.46$5,488
Jun 199336013,55516.79$6,044
May 199354414,09017.68$9,618
Apr 199317912,57918.05$3,231
Mar 199336013,30718.14$6,530
Feb 199336411,94717.90$6,516
Jan 199372814,05116.93$12,325

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 2002 — as filed, then multipliedworked
Condensate           132 bbl  × $ 24.66 =     $3,255
Gas                    0 Mcf  × $  3.58 =         $0

────────────────────────────────────────────────────
Month total                                   $3,255

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/93323 is the state's own key, not one this site invented.