WELDER "C"

Operated by HILCORP ENERGY COMPANY (P-5 386310) 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 8464District 02Field 82757700OilCasinghead gasSaveExport
Value, all time
$1.8 M
Aug 1998 – Jul 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
240
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 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.

StreamBasisVolumeValue
OilDisposition36,158 bbl$963,234
Casinghead gasProduction221,737 Mcf$841,528
Total$1,804,761

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 28.4820, -97.1926. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.48199, -97.19261 · 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
6,110 ft
1 wells filed one
Completion to plug
11.8 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 6,110 ft.

Completions filed
Aug 2006
1 of 1 wells
Plug dates filed
Jun 2018
1 of 1 wells

Last completion to plug: a median of 11.8 years across the 1 well that filed both dates, with the middle half between 11.8 years and 11.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-39132160196,110 ftAug 2006Jun 2018Yes

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 (240)

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

240 months

Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20092074.593.75$149
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200820123.1711.57$246
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 200723082.856.92$1,906
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20078050.306.73$402
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006354054.906.01$19,435
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 200603,97866.286.38$25,395
May 20061603,55666.016.42$33,409
Apr 200601,23164.397.36$9,061
Mar 20063391,02456.707.08$26,474
Feb 200651364757.597.75$34,559
Jan 200616674460.598.93$16,704
Dec 200516699954.9413.42$22,522
Nov 20053451,04254.6910.59$29,901
Oct 200501,04258.3413.80$14,375
Sep 200534184261.4512.08$31,125
Aug 200533992861.519.80$29,943
Jul 200516384955.697.84$15,737
Jun 200534683352.337.38$24,255
May 20053396,36145.226.65$57,638
Apr 20055111,00749.207.36$32,553
Mar 20055191,23850.377.15$35,000
Feb 20055081,02945.226.31$29,467
Jan 20056981,05743.166.32$36,808
Dec 200486583739.866.75$40,130
Nov 200417831345.286.33$10,041
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 2004042834.475.86$2,507
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 200404232.036.30$265
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 2003169028.174.76$4,761
Sep 200302,53126.314.75$12,021
Aug 20035126,14529.765.13$46,759
Jul 20033445,97329.415.17$41,002
Jun 20033274,84528.565.98$38,327
May 200302,28926.595.97$13,671
Apr 20031702,78326.675.41$19,582
Mar 2003094131.146.10$5,736
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20021725624.664.14$4,473
Oct 20028851,86326.464.23$31,296
Sep 20023502,17027.443.64$17,492
Aug 20026992,38525.963.16$25,693
Jul 20023462,14424.583.06$15,069
Jun 20025192,32823.733.34$20,087
May 20027203,26724.663.58$29,464
Apr 20023583,97823.653.51$22,439
Mar 2002706022.003.10$15,532
Feb 2002171018.222.38$3,116
Jan 20021,053017.172.38$18,080
Dec 2001359016.932.36$6,078
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 2001180025.524.31$4,594
Apr 200118162024.685.34$7,775
Mar 20011771,37024.545.38$11,709
Feb 20013541,24927.755.77$17,027
Jan 20013651,94027.478.40$26,320
Dec 20005372,23726.889.12$34,842
Nov 20007112,82032.215.66$38,857
Oct 20003621,42431.235.15$18,632
Sep 20005412,10731.875.19$28,170
Aug 20003592,12929.644.54$20,308
Jul 20005382,10128.534.09$23,942
Jun 20005303,28129.304.40$29,956
May 20003383,45827.263.68$21,938
Apr 20005173,58224.513.12$23,833
Mar 20007033,21928.422.86$29,185
Feb 20005213,32727.622.73$23,461
Jan 20006903,87925.272.48$27,058
Dec 19998534,36024.282.42$31,278
Nov 19995114,54923.192.43$22,922
Oct 19996745,58320.982.80$29,794
Sep 19996794,65121.752.62$26,949
Aug 19998424,97619.262.88$30,526
Jul 19998465,10517.892.37$27,246
Jun 19996775,94915.942.36$24,844
May 19991,0236,94415.792.32$32,270
Apr 19998527,47515.102.21$29,370
Mar 19991,0207,15012.471.84$25,863
Feb 199967,7239.981.82$14,099
Jan 19991,1987,66210.381.90$26,993
Dec 19981,1888,3599.201.77$25,753
Nov 19988367,17310.892.19$24,782
Oct 19988286,93912.421.97$23,948
Sep 19985126,39512.592.08$19,764
Aug 19981,2648,27611.301.91$30,068

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.

Nov 2009 — as filed, then multipliedworked
Oil                    2 bbl  × $ 74.59 =       $149
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                     $149

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/8464 is the state's own key, not one this site invented.