WELDER 'C'

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 12242District 02Field 40957638OilCasinghead gasSaveExport
Value, all time
$7.1 M
Mar 2021 – May 2026
Value, last 12 filed months
$536 k
at the published price for each month
Months reported
63
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 21 leases and 63 wells, and the rule below applies to all of them.

Discovered
1963-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2019-01-23.

The Commission's schedule remark for this field reads: (100% ACRES). EFF. 01-23-2019

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
OilDisposition60,571 bbl$4,502,694
Casinghead gasProduction668,213 Mcf$2,621,384
Total$7,124,078

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 28.6105, -96.8657. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.61053, -96.86567 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
5,481 ft
1 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.
1100.0%

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 5,481 ft.

Completions filed
Mar 2021
1 of 1 wells

1 well

42-0573182029H5,481 ftMar 2021

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 (63)

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

63 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20265051,95189.753.15$51,468
Feb 20266761,28863.503.75$47,756
Jan 20265041,31459.138.00$40,311
Dec 20256772,10756.664.41$47,658
Nov 20256694,55758.593.93$57,090
Oct 20256724,49259.383.30$54,749
Sep 20254945,28062.743.08$47,240
Aug 20258046,03563.933.01$69,594
Jul 20254926,74266.743.32$55,187
Jun 20256506,93366.483.13$64,903
May 20258027,66360.553.23$73,330
Apr 20256527,80862.363.54$68,323
Mar 20256468,78767.704.27$81,240
Feb 20256498,38570.884.34$82,399
Jan 202566510,19874.324.28$93,057
Dec 20246518,85368.993.12$72,546
Nov 20244897,69969.052.20$50,691
Oct 202482012,77171.372.28$87,659
Sep 202464610,77669.612.36$70,446
Aug 202464912,91075.632.06$75,725
Jul 202465612,69179.932.15$79,676
Jun 202481713,70678.082.63$99,893
May 202465414,21778.812.20$82,797
Apr 202497313,66684.451.66$104,844
Mar 202499114,33980.301.55$101,733
Feb 202483313,33276.091.78$87,162
Jan 202482913,86773.023.30$106,262
Dec 202366013,88671.262.61$83,284
Nov 202383913,61877.892.81$103,583
Oct 202367614,29485.443.09$101,887
Sep 202366513,26389.042.74$95,486
Aug 202398314,48680.522.67$117,871
Jul 202366314,95774.852.64$89,139
Jun 202368015,19568.962.26$81,210
May 20231,02417,35670.622.23$110,974
Apr 202366817,55678.122.24$91,470
Mar 202367619,18872.852.39$95,167
Feb 202369416,74975.112.47$93,424
Jan 202366517,63976.533.39$110,648
Dec 202279317,53176.415.73$161,030
Nov 202267016,14185.005.65$148,085
Oct 202278414,93387.185.86$155,913
Sep 202293116,73884.888.16$215,667
Aug 20221,01116,50694.529.13$246,213
Jul 202284719,369101.587.54$232,121
Jun 202284616,169115.097.98$226,349
May 20221,17214,625109.378.43$251,515
Apr 20224995,792104.226.84$91,609
Mar 20221,0043,798108.885.08$128,596
Feb 202250212,62991.054.86$107,069
Jan 20221,35012,88981.844.54$168,970
Dec 20211,69311,95071.323.90$167,339
Nov 20211,18510,66977.435.24$147,627
Oct 20211,6738,74479.795.71$183,451
Sep 20211,53910,07469.865.35$161,420
Aug 20211,9066,95566.024.22$155,188
Jul 20212,2378,02970.783.98$190,307
Jun 20212,4045,56069.493.38$185,850
May 20212,5775,35863.483.02$179,757
Apr 20213,3285,93260.362.76$217,241
Mar 20214,1627,26861.302.72$274,877

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                  505 bbl  × $ 89.75 =    $45,324
Casinghead gas     1,951 Mcf  × $  3.15 =     $6,145

────────────────────────────────────────────────────
Month total                                  $51,468

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/12242 is the state's own key, not one this site invented.