WELDER HEIRS CJ

Operated by CHARRO OPERATING, L.L.C. (P-5 146621) in the GAFFNEY, SW. (5400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11431District 02Field 33648595OilCasinghead gasSaveExport
Value, all time
$9.6 M
Nov 2017 – May 2026
Value, last 12 filed months
$887 k
at the published price for each month
Months reported
103
no gaps in the span
Streams
2
oil, casinghead 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 5 wells, and the rule below applies to all of them.

Discovered
2017-11-20
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2018-05-22.

The Commission's schedule remark for this field reads: API 175-34248. LEASE LINE AND WELL SPACING AMENDED.

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
OilDisposition135,732 bbl$8,836,409
Casinghead gasProduction212,533 Mcf$784,332
Total$9,620,742

Wells on this lease (5)

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 28.5383, -97.2063. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

28.53795, -97.20828 · 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
0.0%
0 of 5 wells
With a plug date
40.0%
2 of 5 wells
Median depth
5,950 ft
5 wells filed one
Completion to plug
2 wells filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
240.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
360.0%

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

Between 5,600 and 6,250 ft, median 5,950 ft, over the 5 wells that filed a depth.

Completions filed
May 2018 – Nov 2024
5 of 5 wells
Plug dates filed
Feb 1998 – Apr 2010
2 of 5 wells; 3 filed none

Last completion to plug: no median is published. 2 wells on this lease filed both dates, and on every one of them the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-1753294846,250 ftNov 2024Feb 1998
42-1753427955,626 ftDec 2023
42-1753424815,950 ftOct 2019
42-1753293436,250 ftSep 2018Apr 2010
42-1753425525,600 ftMay 2018

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 (103)

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

103 months

May 2026650400106.413.05$70,385
Apr 202698875598.932.87$99,909
Mar 20261,16678189.753.15$107,108
Feb 202698161863.503.75$64,611
Jan 202683956859.138.00$54,153
Dec 202584159156.664.41$50,259
Nov 20251,17187158.593.93$72,029
Oct 20251,32192859.383.30$81,508
Sep 202599457662.743.08$64,136
Aug 202598072063.933.01$64,822
Jul 20251,14778866.743.32$79,163
Jun 20251,14789166.483.13$79,040
May 20251,14596260.553.23$72,439
Apr 20251,2971,01662.363.54$84,481
Mar 20251,17389067.704.27$83,211
Feb 202582867670.884.34$61,623
Jan 202597852774.324.28$74,940
Dec 20241,15195968.993.12$82,401
Nov 20241,14499569.052.20$81,181
Oct 20241,3061,40571.372.28$96,415
Sep 202466654569.612.36$47,649
Aug 20241,29295575.632.06$99,685
Jul 202498688179.932.15$80,702
Jun 202482097778.082.63$66,599
May 202481785078.812.20$66,256
Apr 20246611,25384.451.66$57,900
Mar 20246441,91480.301.55$54,671
Feb 202431840076.091.78$24,910
Jan 20243191,56973.023.30$28,467
Dec 202332486771.262.61$25,352
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20234971,85789.042.74$49,332
Aug 20236613,04080.522.67$61,349
Jul 20238223,04074.852.64$69,558
Jun 20238282,86968.962.26$63,578
May 20238273,04270.622.23$65,178
Apr 20238333,29378.122.24$72,443
Mar 20238343,40172.852.39$68,896
Feb 20238333,40175.112.47$70,952
Jan 20231,1824,18276.533.39$104,626
Dec 20221,1753,95076.415.73$112,412
Nov 20221,0013,58685.005.65$105,332
Oct 20221,1733,92987.185.86$125,301
Sep 20221,1713,51284.888.16$128,065
Aug 20221,4983,37494.529.13$172,386
Jul 20221,3283,340101.587.54$160,089
Jun 20221,6463,719115.097.98$219,105
May 20221,6683,535109.378.43$212,240
Apr 20221,5022,858104.226.84$176,080
Mar 20221,8483,556108.885.08$219,262
Feb 20221,3372,87791.054.86$135,713
Jan 20221,6443,76081.844.54$151,607
Dec 20211,4973,04971.323.90$118,654
Nov 20211,3353,00677.435.24$119,111
Oct 20211,5182,54579.795.71$135,663
Sep 20211,3432,50069.865.35$107,199
Aug 20211,3632,85066.024.22$102,014
Jul 20211,3422,16770.783.98$103,616
Jun 20211,3582,40769.493.38$102,505
May 20211,3562,84763.483.02$94,670
Apr 20211,5232,93560.362.76$100,024
Mar 20211,6882,61361.302.72$110,574
Feb 20211,0321,40057.805.55$67,417
Jan 20211,3461,76950.412.81$72,823
Dec 20201,5261,92944.642.68$73,282
Nov 20201,5232,10538.772.71$64,744
Oct 20201,1861,91636.972.48$48,595
Sep 20201,7122,16537.091.99$67,809
Aug 20201,6981,90439.982.39$72,427
Jul 202084684838.371.83$34,009
Jun 20202,13072134.901.69$75,556
May 202001,12316.921.81$2,038
Apr 20201,03779214.751.80$16,725
Mar 20201,5232,09130.341.86$50,089
Feb 20202,2204,27349.881.98$119,197
Jan 20202,0765,05557.252.09$129,440
Dec 20192,0602,77759.012.30$127,960
Nov 20192,4086,42255.302.75$150,827
Oct 20192,4166,61453.472.42$145,180
Sep 20191,6852,19455.052.66$98,589
Aug 20191,3631,02353.112.30$74,746
Jul 20191,3551,02856.272.46$78,775
Jun 20191,6881,11952.782.49$91,880
May 20191,7111,78558.482.74$104,951
Apr 20193,0463,81362.632.75$201,259
Mar 20192,2252,10056.803.06$132,810
Feb 20191,8571,68650.852.79$99,136
Jan 20192,0372,32146.033.23$101,256
Dec 20181,8642,91446.594.19$99,040
Nov 20181,1822,91252.934.24$74,902
Oct 20181,1913,28761.443.40$84,345
Sep 20181,4832,14959.543.11$94,977
Aug 20181,1751,95459.403.07$75,787
Jul 20181,3451,87965.142.93$93,122
Jun 20182,1843,04360.183.08$140,796
May 20181,8512,48765.382.90$128,233
Apr 20181,6942,12863.842.90$114,318
Mar 20182,3732,91561.222.79$153,399
Feb 20182,1992,14161.782.77$141,776
Jan 20182,82358362.874.01$179,819
Dec 20173,772057.272.92$216,022
Nov 2017165055.423.12$9,144

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 2026 — as filed, then multipliedworked
Oil                  650 bbl  × $106.41 =    $69,167
Casinghead gas       400 Mcf  × $  3.05 =     $1,218

────────────────────────────────────────────────────
Month total                                  $70,385

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/O/11431 is the state's own key, not one this site invented.