MineralRecord
Log inSign up

WELDER

Operated by B&L RESOURCES, L.L.C. (P-5 40128) in the HEYSER (5400 #3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11598District 02Field 40957638OilCasinghead gasSave
Value, all time
$24.5 M
Jul 2018 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
95
no gaps in the span
Streams
2
oil, casinghead 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
OilDisposition212,184 bbl$14,739,041
Casinghead gasProduction2,505,384 Mcf$9,796,315
Total$24,535,356

Wells on this lease (4)

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 28.6152, -96.8613. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

28.61731, -96.86273 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
5,482 ft
4 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
4100.0%

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 5,466 and 5,491 ft, median 5,482 ft, over the 4 wells that filed a depth.

Completions filed
Jul 2018 – Dec 2025
4 of 4 wells

4 wells

42-0573182728H5,474 ftDec 2025——
42-0573182164H5,491 ftAug 2021——
42-0573181765H5,489 ftNov 2018——
42-0573181360H5,466 ftJul 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 (95)

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

95 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20261,36715,03889.753.15$170,050
Feb 20261,20813,52463.503.75$127,427
Jan 20261,53413,80059.138.00$201,077
Dec 20251,52623,87756.664.41$191,841
Nov 20251,53216,98958.593.93$156,466
Oct 20251,20315,78559.383.30$123,601
Sep 20251,49321,02262.743.08$158,354
Aug 20251,63323,16163.933.01$174,223
Jul 20251,32822,44466.743.32$163,037
Jun 20251,32224,89766.483.13$165,782
May 20251,79629,60360.553.23$204,434
Apr 20251,64029,81762.363.54$207,916
Mar 20251,64831,23467.704.27$244,886
Feb 20251,81331,30070.884.34$264,374
Jan 20251,83637,08574.324.28$295,126
Dec 20241,80446,36768.993.12$269,187
Nov 20241,98445,94969.052.20$238,011
Oct 20241,80541,17071.372.28$222,748
Sep 20241,82145,40669.612.36$234,116
Aug 20241,96349,08675.632.06$249,757
Jul 20241,80945,88679.932.15$243,092
Jun 20242,00147,12578.082.63$280,364
May 20241,98649,04678.812.20$264,341
Apr 20242,33049,91784.451.66$279,591
Mar 20242,16151,77980.301.55$253,534
Feb 20242,52048,78276.091.78$278,756
Jan 20242,35550,05473.023.30$337,023
Dec 20232,50350,41271.262.61$309,975
Nov 20232,48551,42777.892.81$337,941
Oct 20231,89248,80285.443.09$312,318
Sep 20232,04749,54889.042.74$317,781
Aug 20232,20251,57980.522.67$315,170
Jul 20232,16953,84374.852.64$304,592
Jun 20232,36157,59068.962.26$292,880
May 20232,39261,65770.622.23$306,258
Apr 20232,22559,22478.122.24$306,346
Mar 20232,56467,87572.852.39$349,223
Feb 20232,37661,62575.112.47$330,409
Jan 20232,68766,21176.533.39$429,940
Dec 20223,01364,22076.415.73$598,145
Nov 20222,67859,32985.005.65$562,613
Oct 20222,73950,59887.185.86$535,481
Sep 20222,86260,94284.888.16$740,438
Aug 20222,88363,63294.529.13$853,281
Jul 20223,02562,631101.587.54$779,648
Jun 20223,85556,715115.097.98$896,099
May 20223,33955,924109.378.43$836,796
Apr 20223,54545,925104.226.84$683,477
Mar 20224,29950,672108.885.08$725,306
Feb 20223,41042,78891.054.86$518,381
Jan 20221,01027,91881.844.54$209,341
Dec 20214,45938,80671.323.90$469,325
Nov 20214,45632,82977.435.24$516,949
Oct 20215,25126,33079.795.71$569,423
Sep 20215,12517,26669.865.35$450,421
Aug 20211,71211,91866.024.22$163,327
Jul 20211,2046,07270.783.98$109,398
Jun 20216831,48569.493.38$52,482
May 20211,0491,07363.483.02$69,828
Apr 20211,5042,47260.362.76$97,600
Mar 202185587761.302.72$54,794
Feb 20211,0342,86557.805.55$75,660
Jan 20211,3713,06750.412.81$77,731
Dec 20202,8323,21144.642.68$135,011
Nov 20205222,92338.772.71$28,149
Oct 20201,7103,36436.972.48$71,556
Sep 20201,7133,16437.091.99$69,835
Aug 20201,3752,47739.982.39$60,880
Jul 20201,7262,72038.371.83$71,191
Jun 20202,6063,15034.901.69$96,274
May 202003,25516.921.81$5,907
Apr 20201,6973,15014.751.80$30,715
Mar 20201,7084,32030.341.86$59,840
Feb 20201,3734,02049.881.98$76,448
Jan 20201,8884,42257.252.09$117,351
Dec 20191,7104,46459.012.30$111,194
Nov 20191,5624,18555.302.75$97,890
Oct 20192,0734,46453.472.42$121,640
Sep 20191,5584,08855.052.66$96,631
Aug 20191,8234,95053.112.30$108,226
Jul 20192,0365,67856.272.46$128,534
Jun 20192,0175,37752.782.49$119,852
May 20192,2115,90758.482.74$145,486
Apr 20192,5215,69662.632.75$173,558
Mar 20193,2356,39256.803.06$203,321
Feb 20192,7274,43650.852.79$151,054
Jan 20193,0574,06046.033.23$153,820
Dec 20183,6603,75746.594.19$186,244
Nov 20183,6332,68152.934.24$203,655
Oct 20183,3992,25261.443.40$216,487
Sep 20185,5714,00759.543.11$344,151
Aug 20188,7105,62759.403.07$534,630
Jul 201884989765.142.93$57,934

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.

Mar 2026 — as filed, then multipliedworked
Oil                1,367 bbl  × $ 89.75 =   $122,688
Casinghead gas    15,038 Mcf  × $  3.15 =    $47,361

────────────────────────────────────────────────────
Month total                                 $170,050

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/11598 is the state's own key, not one this site invented.