WELDER "C"

Name: WELDER "C" lease production and value, Oct 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FOREST OIL CORPORATION (P-5 275740) in the SHARPS LAKE, N. (5240) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8223District 02Field 82757700OilCasinghead gasSave Export

Value, all time

$1.3 M

Oct 1996 – Sep 2007

Value, last 12 filed months

at the published price for each month

Months reported

132

no gaps in the span

Streams

oil, casinghead gas

The SHARPS LAKE, N. (5240) field

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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered

1980-12-23

as the register files it

Field class

Oil and 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. 110181 PER AMENDMENT TO SWR 28 & 29”

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.

Stream	Basis	Volume	Value
Oil	Disposition	35,255 bbl	$794,845
Casinghead gas	Production	124,620 Mcf	$461,683
Total			$1,256,528

4,489 Mcf of this lease's gas, across 2 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 28.4819, -97.1885. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.48187, -97.18846 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

6,010 ft

1 wells filed one

Completion to plug

3.8 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 6,010 ft.

Completions filed

Jun 2015

1 of 1 wells

Plug dates filed

Apr 2019

1 of 1 wells

Last completion to plug: a median of 3.8 years across the 1 well that filed both dates, with the middle half between 3.8 years and 3.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-39132144	10	6,010 ft	Jun 2015	Apr 2019	Yes

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 (132)

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

132 months


Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	146	0	66.01	6.42	$9,637
Apr 2006	0	6	64.39	7.36	$44
Mar 2006	175	162	56.70	7.08	$11,070
Feb 2006	0	123	57.59	7.75	$953
Jan 2006	0	179	60.59	8.93	$1,599
Dec 2005	0	413	54.94	13.42	$5,541
Nov 2005	176	431	54.69	10.59	$14,189
Oct 2005	0	430	58.34	13.80	$5,932
Sep 2005	170	349	61.45	12.08	$14,662
Aug 2005	0	383	61.51	9.80	$3,752
Jul 2005	170	351	55.69	7.84	$12,220
Jun 2005	168	343	52.33	7.38	$11,323
May 2005	0	313	45.22	6.65	$2,082
Apr 2005	172	260	49.20	7.36	$10,376
Mar 2005	168	43	50.37	7.15	$8,770
Feb 2005	0	265	45.22	6.31	$1,673
Jan 2005	150	548	43.16	6.32	$9,939
Dec 2004	165	548	39.86	6.75	$10,276
Nov 2004	0	122	45.28	6.33	$772
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	133	43.24	5.28	$703
Aug 2004	172	521	42.37	5.55	$10,180
Jul 2004	171	1,399	38.28	6.08	$15,058
Jun 2004	0	1,388	36.10	6.43	$8,929
May 2004	174	1,564	37.48	6.49	$16,679
Apr 2004	0	1,371	34.47	5.86	$8,032
Mar 2004	174	1,024	34.36	5.53	$11,642
Feb 2004	173	616	32.45	5.51	$9,008
Jan 2004	164	637	32.03	6.30	$9,266
Dec 2003	0	614	30.26	6.30	$3,869
Nov 2003	0	940	28.80	4.60	$4,319
Oct 2003	173	1,086	28.17	4.76	$10,042
Sep 2003	172	1,074	26.31	4.75	$9,626
Aug 2003	0	992	29.76	5.13	$5,089
Jul 2003	169	1,293	29.41	5.17	$11,656
Jun 2003	174	1,145	28.56	5.98	$11,820
May 2003	169	1,459	26.59	5.97	$13,208
Apr 2003	0	1,412	26.67	5.41	$7,635
Mar 2003	169	1,372	31.14	6.10	$13,626
Feb 2003	0	1,323	33.48	7.93	$10,486
Jan 2003	177	1,491	30.31	5.58	$13,688
Dec 2002	173	1,471	26.91	4.85	$11,795
Nov 2002	0	1,312	24.66	4.14	$5,428
Oct 2002	172	1,604	26.46	4.23	$11,335
Sep 2002	346	1,503	27.44	3.64	$14,958
Aug 2002	0	1,520	25.96	3.16	$4,810
Jul 2002	0	1,308	24.58	3.06	$4,005
Jun 2002	166	1,858	23.73	3.34	$10,142
May 2002	280	1,817	24.66	3.58	$13,417
Apr 2002	172	1,088	23.65	3.51	$7,889
Mar 2002	169	1,119	22.00	3.10	$7,190
Feb 2002	172	1,075	18.22	2.38	$5,688
Jan 2002	183	1,178	17.17	2.38	$5,941
Dec 2001	181	864	16.93	2.36	$5,107
Nov 2001	185	963	18.07	2.41	$5,659
Oct 2001	182	980	19.78	2.53	$6,078
Sep 2001	184	1,045	24.26	2.25	$6,816
Aug 2001	164	1,138	24.87	3.05	$7,553
Jul 2001	181	1,215	23.93	3.20	$8,216
Jun 2001	184	1,088	24.56	3.82	$8,680
May 2001	177	1,043	25.52	4.31	$9,010
Apr 2001	369	890	24.68	5.34	$13,855
Mar 2001	167	599	24.54	5.38	$7,319
Feb 2001	185	712	27.75	5.77	$9,240
Jan 2001	0	327	27.47	8.40	$2,746
Dec 2000	185	1,092	26.88	9.12	$14,935
Nov 2000	177	1,156	32.21	5.66	$12,242
Oct 2000	349	837	31.23	5.15	$15,206
Sep 2000	171	551	31.87	5.19	$8,308
Aug 2000	172	970	29.64	4.54	$9,503
Jul 2000	363	1,201	28.53	4.09	$15,268
Jun 2000	175	1,439	29.30	4.40	$11,455
May 2000	347	1,486	27.26	3.68	$14,927
Apr 2000	349	1,413	24.51	3.12	$12,957
Mar 2000	341	1,312	28.42	2.86	$13,443
Feb 2000	353	1,335	27.62	2.73	$13,390
Jan 2000	172	1,264	25.27	2.48	$7,482
Dec 1999	512	1,461	24.28	2.42	$15,972
Nov 1999	341	1,675	23.19	2.43	$11,985
Oct 1999	343	2,003	20.98	2.80	$12,812
Sep 1999	348	1,985	21.75	2.62	$12,767
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	38	15.94	2.36	$90
May 1999	0	90	15.79	2.32	$209
Apr 1999	172	512	15.10	2.21	$3,728
Mar 1999	0	526	12.47	1.84	$967
Feb 1999	169	242	9.98	1.82	$2,127
Jan 1999	168	794	10.38	1.90	$3,252
Dec 1998	338	746	9.20	1.77	$4,433
Nov 1998	166	730	10.89	2.19	$3,403
Oct 1998	343	849	12.42	1.97	$5,932
Sep 1998	208	911	12.59	2.08	$4,516
Aug 1998	168	840	11.30	1.91	$3,501
Jul 1998	342	1,124	11.74	2.24	$6,530
Jun 1998	338	1,108	11.24	2.24	$6,278
May 1998	524	1,107	12.62	2.21	$9,055
Apr 1998	513	1,647	13.04	2.51	$10,816
Mar 1998	609	2,130	12.80	2.31	$12,714
Feb 1998	510	1,627	13.95	2.30	$10,855
Jan 1998	688	2,037	14.70	2.15	$14,503
Dec 1997	519	1,968	16.32	2.41	$13,215
Nov 1997	492	1,448	18.19	3.09	$13,421
Oct 1997	510	1,659	19.25	3.15	$15,043
Sep 1997	851	2,055	17.74	2.95	$21,169
Aug 1997	883	2,250	17.86	2.55	$21,519
Jul 1997	867	2,394	17.58	2.25	$20,621
Jun 1997	1,031	2,750	17.24	2.26	$23,982
May 1997	1,187	3,012	18.97	2.31	$29,471
Apr 1997	1,197	1,923	17.88	2.08	$25,408
Mar 1997	1,695	1,291	18.95	1.94	$34,624
Feb 1997	1,684	1,833	20.49	2.21	$38,549
Jan 1997	2,006	3,470	23.48	3.54	$59,384
Dec 1996	2,164	2,767	23.32	—	$50,464
Nov 1996	1,870	1,722	21.97	—	$41,084
Oct 1996	462	0	23.31	—	$10,769

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 2006 — as filed, then multipliedworked

Oil                  146 bbl  × $ 66.01 =     $9,637
Casinghead gas         0 Mcf  × $  6.42 =         $0

────────────────────────────────────────────────────
Month total                                   $9,637

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/8223 is the state's own key, not one this site invented.