WELDER "C"

Name: WELDER "C" lease production and value, May 2002 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the PHIL POWER (5000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8852District 02Field 71211284OilCasinghead gasSave Export

Value, all time

$9.9 M

May 2002 – Feb 2016

Value, last 12 filed months

at the published price for each month

Months reported

166

no gaps in the span

Streams

oil, casinghead gas

The PHIL POWER (5000) 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 12 leases and 13 wells, and the rule below applies to all of them.

Discovered

1958-08-13

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2002-05-04.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 06/01/2012.”

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	147,361 bbl	$8,642,338
Casinghead gas	Production	218,251 Mcf	$1,306,700
Total			$9,949,037

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 28.4852, -97.1931. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.48515, -97.19309 · 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

6,200 ft

1 wells filed one

Completion to plug

3.9 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 6,200 ft.

Completions filed

May 2015

1 of 1 wells

Plug dates filed

Apr 2019

1 of 1 wells

Last completion to plug: a median of 3.9 years across the 1 well that filed both dates, with the middle half between 3.9 years and 3.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-39132211	40	6,200 ft	May 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 (166)

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

166 months


Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	147	0	44.66	2.98	$6,565
Jan 2015	0	75	43.43	3.10	$233
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	159	384	70.46	4.25	$12,836
Oct 2014	320	359	78.30	3.90	$26,456
Sep 2014	156	231	86.16	4.05	$14,375
Aug 2014	174	247	89.39	4.04	$16,551
Jul 2014	157	224	96.56	4.18	$16,096
Jun 2014	157	330	98.16	4.74	$16,974
May 2014	152	237	94.73	4.73	$15,519
Apr 2014	160	258	95.94	4.81	$16,591
Mar 2014	324	225	95.89	5.06	$32,206
Feb 2014	150	79	97.40	6.19	$15,099
Jan 2014	150	224	90.40	4.86	$14,649
Dec 2013	164	43	91.82	4.35	$15,246
Nov 2013	0	96	88.85	3.74	$359
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	157	40	104.25	3.52	$16,508
Jul 2013	159	78	102.52	3.72	$16,591
Jun 2013	316	213	94.40	3.93	$30,668
May 2013	160	196	94.83	4.15	$15,986
Apr 2013	157	97	93.96	4.28	$15,167
Mar 2013	318	118	93.62	3.91	$30,233
Feb 2013	160	19	91.23	3.42	$14,662
Jan 2013	157	1	91.60	3.42	$14,385
Dec 2012	158	8	86.77	3.42	$13,737
Nov 2012	0	54	86.95	3.62	$196
Oct 2012	159	8	89.38	3.40	$14,239
Sep 2012	315	28	94.67	2.92	$29,903
Aug 2012	317	54	92.66	2.91	$29,530
Jul 2012	314	128	85.13	3.02	$27,117
Jun 2012	311	151	79.82	2.52	$25,204
May 2012	313	195	91.61	2.49	$29,159
Apr 2012	335	208	101.65	2.00	$34,468
Mar 2012	310	145	105.05	2.22	$32,888
Feb 2012	310	364	101.10	2.57	$32,277
Jan 2012	313	589	98.09	2.73	$32,313
Dec 2011	317	758	96.87	3.24	$33,164
Nov 2011	474	928	95.72	3.31	$48,444
Oct 2011	158	942	84.98	3.65	$16,864
Sep 2011	0	259	83.62	3.99	$1,032
Aug 2011	317	0	83.40	4.15	$26,438
Jul 2011	478	947	94.14	4.52	$49,277
Jun 2011	619	533	92.90	4.64	$59,978
May 2011	635	723	98.13	4.40	$65,497
Apr 2011	794	702	105.96	4.33	$87,174
Mar 2011	636	726	96.36	4.06	$64,231
Feb 2011	639	892	85.64	4.18	$58,453
Jan 2011	794	1,274	86.50	4.59	$74,527
Dec 2010	810	841	85.73	4.35	$73,098
Nov 2010	649	825	80.84	3.80	$55,596
Oct 2010	798	895	78.10	3.51	$65,464
Sep 2010	1,106	954	72.63	3.98	$84,125
Aug 2010	956	918	73.68	4.42	$74,495
Jul 2010	953	896	72.55	4.74	$73,384
Jun 2010	955	1,171	70.36	4.91	$72,944
May 2010	1,276	1,179	71.12	4.24	$95,742
Apr 2010	953	1,450	81.69	4.12	$83,828
Mar 2010	959	1,168	78.39	4.39	$80,302
Feb 2010	1,126	1,696	73.58	5.44	$92,081
Jan 2010	1,588	1,622	74.36	5.96	$127,757
Dec 2009	1,446	2,005	71.44	5.48	$114,297
Nov 2009	1,122	1,258	74.59	3.75	$88,409
Oct 2009	1,129	2,132	72.54	4.11	$90,661
Sep 2009	1,585	1,536	65.54	3.06	$108,588
Aug 2009	1,750	1,275	67.42	3.22	$122,089
Jul 2009	466	435	61.13	3.46	$29,994
Jun 2009	471	677	66.16	3.90	$33,798
May 2009	968	1,009	54.74	3.93	$56,949
Apr 2009	1,413	1,155	46.77	3.59	$70,230
Mar 2009	473	482	42.14	4.06	$21,889
Feb 2009	965	827	32.81	4.63	$35,493
Jan 2009	807	1,686	35.86	5.37	$37,995
Dec 2008	654	1,053	37.10	5.98	$30,557
Nov 2008	1,276	1,806	55.49	6.86	$83,195
Oct 2008	1,280	1,886	75.24	6.92	$109,362
Sep 2008	1,060	1,386	101.76	7.88	$118,783
Aug 2008	798	959	114.22	8.48	$99,283
Jul 2008	1,119	1,415	131.08	11.39	$162,795
Jun 2008	802	865	131.33	13.03	$116,600
May 2008	743	679	123.17	11.57	$99,374
Apr 2008	640	737	110.31	10.45	$78,304
Mar 2008	469	651	101.90	9.66	$54,082
Feb 2008	638	524	92.53	8.77	$63,630
Jan 2008	647	691	90.38	8.21	$64,146
Dec 2007	1,119	639	88.33	7.30	$103,507
Nov 2007	1,459	560	91.67	7.29	$137,830
Oct 2007	2,086	4,297	82.85	6.92	$202,569
Sep 2007	3,095	3,581	75.84	6.24	$257,085
Aug 2007	3,067	2,395	69.06	6.39	$227,106
Jul 2007	2,290	2,230	70.90	6.39	$176,606
Jun 2007	2,705	1,797	62.00	7.55	$181,275
May 2007	1,727	0	58.74	7.85	$101,444
Apr 2007	1,764	256	59.61	7.81	$107,150
Mar 2007	656	892	56.92	7.30	$43,853
Feb 2007	808	639	55.10	8.22	$49,771
Jan 2007	1,781	368	50.30	6.73	$92,060
Dec 2006	2,272	270	56.65	6.92	$130,577
Nov 2006	1,762	819	54.20	7.62	$101,739
Oct 2006	820	1,436	54.90	6.01	$53,654
Sep 2006	1,317	1,143	60.08	5.04	$84,883
Aug 2006	1,472	336	68.71	7.34	$103,607
Jul 2006	1,454	417	69.37	6.34	$103,509
Jun 2006	993	1,412	66.28	6.38	$74,830
May 2006	1,321	242	66.01	6.42	$88,754
Apr 2006	1,160	0	64.39	7.36	$74,692
Mar 2006	1,301	1,239	56.70	7.08	$82,542
Feb 2006	986	1,276	57.59	7.75	$66,674
Jan 2006	1,482	1,776	60.59	8.93	$105,660
Dec 2005	1,309	2,616	54.94	13.42	$107,011
Nov 2005	1,311	2,873	54.69	10.59	$102,119
Oct 2005	1,284	2,923	58.34	13.80	$115,234
Sep 2005	1,144	2,600	61.45	12.08	$101,704
Aug 2005	1,493	1,883	61.51	9.80	$110,282
Jul 2005	1,302	1,965	55.69	7.84	$87,921
Jun 2005	1,455	2,184	52.33	7.38	$92,260
May 2005	1,455	2,087	45.22	6.65	$79,676
Apr 2005	1,311	2,492	49.20	7.36	$82,844
Mar 2005	1,460	2,953	50.37	7.15	$94,669
Feb 2005	983	1,339	45.22	6.31	$52,903
Jan 2005	1,143	1,452	43.16	6.32	$58,512
Dec 2004	165	1,529	39.86	6.75	$16,899
Nov 2004	1,151	1,904	45.28	6.33	$64,170
Oct 2004	1,476	1,634	49.70	6.52	$84,003
Sep 2004	1,458	1,687	43.24	5.28	$71,958
Aug 2004	1,297	1,878	42.37	5.55	$65,378
Jul 2004	1,468	2,360	38.28	6.08	$70,554
Jun 2004	1,459	2,649	36.10	6.43	$69,711
May 2004	1,605	2,284	37.48	6.49	$74,989
Apr 2004	1,315	2,335	34.47	5.86	$59,008
Mar 2004	1,473	4,018	34.36	5.53	$72,832
Feb 2004	1,468	1,789	32.45	5.51	$57,493
Jan 2004	1,314	4,092	32.03	6.30	$67,866
Dec 2003	1,487	4,323	30.26	6.30	$72,239
Nov 2003	1,473	4,201	28.80	4.60	$61,727
Oct 2003	1,456	4,465	28.17	4.76	$62,267
Sep 2003	1,471	3,836	26.31	4.75	$56,921
Aug 2003	1,468	4,524	29.76	5.13	$66,895
Jul 2003	1,480	3,978	29.41	5.17	$64,096
Jun 2003	1,507	3,831	28.56	5.98	$65,961
May 2003	1,307	4,293	26.59	5.97	$60,394
Apr 2003	1,481	4,318	26.67	5.41	$62,847
Mar 2003	1,457	4,750	31.14	6.10	$74,327
Feb 2003	1,488	3,840	33.48	7.93	$80,254
Jan 2003	1,328	4,328	30.31	5.58	$64,411
Dec 2002	1,649	4,404	26.91	4.85	$65,751
Nov 2002	1,328	3,844	24.66	4.14	$48,651
Oct 2002	1,342	4,163	26.46	4.23	$53,115
Sep 2002	1,649	4,145	27.44	3.64	$60,316
Aug 2002	1,836	4,023	25.96	3.16	$60,392
Jul 2002	1,501	3,487	24.58	3.06	$47,571
Jun 2002	1,500	3,065	23.73	3.34	$45,827
May 2002	1,137	1,753	24.66	3.58	$34,321

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.

Feb 2015 — as filed, then multipliedworked

Oil                  147 bbl  × $ 44.66 =     $6,565
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $6,565

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/8852 is the state's own key, not one this site invented.