WELCH

Operated by GALLOWAY ENERGY CO. (P-5 293303) in the PINEHURST, SW (WILCOX 11400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 121551District 03Field 71648400CondensateGasSaveExport
Value, all time
$1.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$256
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1986-11-16
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition12,319 bbl$376,410
GasProduction284,595 Mcf$1,117,563
Total$1,493,973

59,002 Mcf of this lease's gas, across 48 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 30.1527, -95.7535. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.15269, -95.75347 · 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
12,100 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 12,100 ft.

Completions filed
Nov 1985
1 of 1 wells

1 well

42-33930725112,100 ftNov 1985

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260698.932.87$17
Mar 20260689.753.15$19
Feb 20260763.503.75$26
Jan 20260659.138.00$48
Dec 20250656.664.41$26
Nov 20250758.593.93$27
Oct 20250859.383.30$26
Sep 20250762.743.08$22
Aug 20250463.933.01$12
Jul 20250466.743.32$13
Jun 20250666.483.13$19
May 20250860.553.23$26
Apr 20250762.363.54$25
Mar 20250467.704.27$17
Feb 20250470.884.34$17
Jan 20250674.324.28$26
Dec 202401168.993.12$34
Nov 202401069.052.20$22
Oct 20240871.372.28$18
Sep 20240769.612.36$17
Aug 20240875.632.06$17
Jul 20240679.932.15$13
Jun 20240878.082.63$21
May 202401078.812.20$22
Apr 20240784.451.66$12
Mar 202401380.301.55$20
Feb 202401176.091.78$20
Jan 20240573.023.30$16
Dec 20230771.262.61$18
Nov 202301077.892.81$28
Oct 20230885.443.09$25
Sep 20230689.042.74$16
Aug 20230480.522.67$11
Jul 202301074.852.64$26
Jun 20230868.962.26$18
May 202301170.622.23$25
Apr 20230878.122.24$18
Mar 20230772.852.39$17
Feb 202301075.112.47$25
Jan 202301176.533.39$37
Dec 202201076.415.73$57
Nov 202201385.005.65$73
Oct 202201187.185.86$65
Sep 20220884.888.16$65
Aug 20220594.529.13$46
Jul 202206101.587.54$45
Jun 202206115.097.98$48
May 202208109.378.43$67
Apr 202207104.226.84$48
Mar 202208108.885.08$41
Feb 20220791.054.86$34
Jan 20220781.844.54$32
Dec 20210571.323.90$20
Nov 20210377.435.24$16
Oct 20210279.795.71$11
Sep 20210269.865.35$11
Aug 20210266.024.22$8
Jul 20210470.783.98$16
Jun 20210569.493.38$17
May 20210863.483.02$24
Apr 20210860.362.76$22
Mar 202101161.302.72$30
Feb 20210957.805.55$50
Jan 202101150.412.81$31
Dec 20200844.642.68$21
Nov 20200938.772.71$24
Oct 20200436.972.48$10
Sep 20200537.091.99$10
Aug 20200439.982.39$10
Jul 20200338.371.83$5
Jun 20200134.901.69$2
May 20200216.921.81$4
Apr 20200414.751.80$7
Mar 20200630.341.86$11
Feb 20200449.881.98$8
Jan 20200557.252.09$10
Dec 20190759.012.30$16
Nov 201901055.302.75$28
Oct 20190653.472.42$15
Sep 20190855.052.66$21
Aug 20190953.112.30$21
Jul 20190856.272.46$20
Jun 20190952.782.49$22
May 20190758.482.74$19
Apr 20190862.632.75$22
Mar 20190756.803.06$21
Feb 20190950.852.79$25
Jan 20190746.033.23$23
Dec 201801446.594.19$59
Nov 201801052.934.24$42
Oct 20180861.443.40$27
Sep 20180959.543.11$28
Aug 201801259.403.07$37
Jul 201801165.142.93$32
Jun 20180860.183.08$25
May 20180665.382.90$17
Apr 201801863.842.90$52
Mar 201801561.222.79$42
Feb 201801261.782.77$33
Jan 201801962.874.01$76
Dec 201701757.272.92$50
Nov 201701055.423.12$31
Oct 201701249.292.98$36
Sep 20170747.523.09$22
Aug 201701245.373.00$36
Jul 201701443.873.09$43
Jun 201701142.493.09$34
May 20170745.373.26$23
Apr 20170547.933.21$16
Mar 201701446.772.98$42
Feb 201701550.452.95$44
Jan 201702049.413.42$68
Dec 201601448.763.72$52
Nov 201601042.492.64$26
Oct 20160446.193.09$12
Sep 20160441.553.10$12
Aug 20160841.442.92$23
Jul 20160341.622.92$9
Jun 201601445.352.69$38
May 201602042.521.99$40
Apr 201602036.561.99$40
Mar 201602233.011.79$39
Feb 201603026.472.06$62
Jan 201604327.352.36$102
Dec 201504032.362.00$80
Nov 201502538.792.17$54
Oct 201501043.552.43$24
Sep 201501942.992.76$52
Aug 201502040.162.87$57
Jul 201503248.152.95$94
Jun 201503956.152.88$112
May 201503955.212.96$115
Apr 201504049.822.71$108
Mar 201506342.892.93$185
Feb 201504444.662.98$131
Jan 201503543.433.10$109
Dec 201404054.693.59$144
Nov 201404070.464.25$170
Oct 201404778.303.90$183
Sep 201404186.164.05$166
Aug 201403989.394.04$157
Jul 201405896.564.18$242
Jun 201405898.164.74$275
May 201405894.734.73$274
Apr 201404595.944.81$216
Mar 201405495.895.06$273
Feb 201404497.406.19$272
Jan 201404190.404.86$199
Dec 201302291.824.35$96
Nov 201304188.853.74$153
Oct 201303397.423.78$125
Sep 2013028104.113.72$104
Aug 2013058104.253.52$204
Jul 2013078102.523.72$290
Jun 201307294.403.93$283
May 201305794.834.15$237
Apr 201305093.964.28$214
Mar 201305693.623.91$219
Feb 201305091.233.42$171
Jan 201306391.603.42$215
Dec 201207086.773.42$239
Nov 201205486.953.62$196
Oct 201203489.383.40$116
Sep 201205194.672.92$149
Aug 201205092.662.91$145
Jul 201203585.133.02$106
Jun 201203779.822.52$93
May 201202691.612.49$65
Apr 2012044101.652.00$88
Mar 2012046105.052.22$102
Feb 2012036101.102.57$93
Jan 201204798.092.73$129
Dec 201104596.873.24$146
Nov 201106595.723.31$215
Oct 201106384.983.65$230
Sep 201105683.623.99$223
Aug 201104683.404.15$191
Jul 201104994.144.52$221
Jun 201104692.904.64$213
May 201103398.134.40$145
Apr 2011036105.964.33$156
Mar 201103896.364.06$154
Feb 201104485.644.18$184
Jan 201107286.504.59$330
Dec 2010022185.734.35$961
Nov 201007080.843.80$266
Oct 201006878.103.51$239
Sep 201002172.633.98$84
Aug 201003773.684.42$164
Jul 201005572.554.74$261
Jun 201006270.364.91$304
May 201006671.124.24$280
Apr 201009881.694.12$404
Mar 2010011378.394.39$496
Feb 2010014473.585.44$784
Jan 2010026374.365.96$1,569
Dec 2009022871.445.48$1,250
Nov 2009033174.593.75$1,242
Oct 2009045072.544.11$1,850
Sep 2009068765.543.06$2,105
Aug 2009072167.423.22$2,321
Jul 2009061461.133.46$2,127
Jun 2009053866.163.90$2,096
May 2009065854.743.93$2,583
Apr 2009053846.773.59$1,930
Mar 2009029942.144.06$1,214
Feb 2009033832.814.63$1,566
Jan 2009010835.865.37$580
Dec 2008014837.105.98$885
Nov 2008021955.496.86$1,502
Oct 2008024875.246.92$1,717
Sep 20080361101.767.88$2,844
Aug 20080984114.228.48$8,347
Jul 200801,005131.0811.39$11,446
Jun 2008187956131.3313.03$37,018
May 200801,314123.1711.57$15,209
Apr 200801,223110.3110.45$12,786
Mar 20081911,312101.909.66$32,142
Feb 200801,27592.538.77$11,182
Jan 200801,39390.388.21$11,431
Dec 200701,35788.337.30$9,909
Nov 20071781,64191.677.29$28,283
Oct 200701,63482.856.92$11,311
Sep 200701,76175.846.24$10,996
Aug 20071771,69669.066.39$23,058
Jul 200701,82270.906.39$11,639
Jun 200701,63162.007.55$12,312
May 20071731,70058.747.85$23,501
Apr 200701,83559.617.81$14,323
Mar 200702,12156.927.30$15,487
Feb 20071851,98955.108.22$26,535
Jan 200702,20550.306.73$14,833
Dec 200601,81256.656.92$12,536
Nov 20061851,55954.207.62$21,903
Oct 200601,48254.906.01$8,912
Sep 20061871,42360.085.04$18,403
Aug 200601,31468.717.34$9,645
Jul 200601,57569.376.34$9,990
Jun 200601,80666.286.38$11,529
May 20061862,30866.016.42$27,107
Apr 200602,18264.397.36$16,061
Mar 200602,39756.707.08$16,978
Feb 20061841,10357.597.75$19,146
Jan 200601,41060.598.93$12,596
Dec 200501,08954.9413.42$14,609
Nov 20051691,64454.6910.59$26,650
Oct 200501,66558.3413.80$22,970
Sep 200501,31161.4512.08$15,836
Aug 20051771,33861.519.80$23,995
Jul 200501,81155.697.84$14,205
Jun 2005071752.337.38$5,292
May 20051851,33645.226.65$17,252
Apr 200501,23249.207.36$9,068
Mar 200501,24150.377.15$8,879
Feb 200501,58045.226.31$9,973
Jan 20051861,93643.166.32$20,268
Dec 200401,99439.866.75$13,462
Nov 200401,74345.286.33$11,034
Oct 20041861,57849.706.52$19,525
Sep 200401,33743.245.28$7,065
Aug 200401,53442.375.55$8,515
Jul 20041881,43438.286.08$15,921
Jun 200401,32936.106.43$8,549
May 200402,15337.486.49$13,983
Apr 20041611,50634.475.86$14,373
Mar 200401,21734.365.53$6,730
Feb 20041881,56632.455.51$14,729
Jan 200401,78932.036.30$11,270
Dec 20031861,34830.266.30$14,123
Nov 200301,49228.804.60$6,856
Oct 200301,59528.174.76$7,592
Sep 20031901,82626.314.75$13,671
Aug 200301,79229.765.13$9,192
Jul 2003092529.415.17$4,783
Jun 200301,63628.565.98$9,788
May 2003062926.595.97$3,757
Apr 200316767626.675.41$8,109
Mar 200301,09531.146.10$6,675
Feb 2003088233.487.93$6,991
Jan 200301,25230.315.58$6,989
Dec 200217588026.914.85$8,981
Nov 200201,05224.664.14$4,352
Oct 2002045526.464.23$1,924
Sep 200218463627.443.64$7,361
Aug 2002070625.963.16$2,234
Jul 2002068224.583.06$2,088
Jun 2002091223.733.34$3,044
May 200217476424.663.58$7,029
Apr 2002093823.653.51$3,295
Mar 20021951,66822.003.10$9,465
Feb 200201,29818.222.38$3,084
Jan 200201,47517.172.38$3,504
Dec 20011811,53016.932.36$6,682
Nov 200102,08818.072.41$5,023
Oct 200102,02019.782.53$5,108
Sep 20011681,69024.262.25$7,880
Aug 200101,69824.873.05$5,184
Jul 200101,86223.933.20$5,953
Jun 20011811,07924.563.82$8,572
May 2001093025.524.31$4,006
Apr 200101,15724.685.34$6,173
Mar 20011881,19024.545.38$11,011
Feb 2001096927.755.77$5,588
Jan 2001090127.478.40$7,567
Dec 2000072226.889.12$6,586
Nov 200019797932.215.66$11,885
Oct 200001,45331.235.15$7,476
Sep 200001,58231.875.19$8,205
Aug 200001,13129.644.54$5,136
Jul 20001551,43228.534.09$10,279
Jun 200001,53529.304.40$6,750
May 20001621,55127.263.68$10,123
Apr 200001,64324.513.12$5,120
Mar 200001,78428.422.86$5,102
Feb 20001912,01427.622.73$10,767
Jan 200002,20825.272.48$5,477
Dec 19991792,27724.282.42$9,865
Nov 199902,27223.192.43$5,530
Oct 19991921,66020.982.80$8,682
Sep 199901,33621.752.62$3,499
Aug 199901,87919.262.88$5,403
Jul 19991692,04617.892.37$7,877
Jun 19991691,03815.942.36$5,146
May 199901,18215.792.32$2,743
Apr 199901,63415.102.21$3,608
Mar 19991881,61512.471.84$5,313
Feb 199901,8699.981.82$3,397
Jan 19991941,92110.381.90$5,664
Dec 199802,7609.201.77$4,894
Nov 199801,62210.892.19$3,545
Oct 199819081612.421.97$3,967
Sep 199801,42012.592.08$2,957
Aug 199801,76011.301.91$3,357
Jul 19981801,84611.742.24$6,243
Jun 199802,01811.242.24$4,515
May 19981712,11912.622.21$6,833
Apr 199801,96913.042.51$4,933
Mar 19981922,13512.802.31$7,388
Feb 199802,27713.952.30$5,235
Jan 19981682,11114.702.15$7,018
Dec 19971862,59116.322.41$9,283
Nov 199702,43218.193.09$7,511
Oct 19971842,25619.253.15$10,648
Sep 19971812,47217.742.95$10,515
Aug 199701,69117.862.55$4,320
Jul 19971891,66317.582.25$7,059
Jun 199701,72617.242.26$3,896
May 19971881,36318.972.31$6,713
Apr 1997070617.882.08$1,470
Mar 199718797618.951.94$5,436
Feb 199701,38020.492.21$3,044
Jan 199702,18823.483.54$7,745
Dec 199615193023.32$3,521
Nov 199601,13221.97$0
Oct 1996073523.31$0
Sep 199616171322.22$3,577
Aug 1996081420.26$0
Jul 1996075419.55$0
Jun 1996068718.73$0
May 199616793019.43$3,245
Apr 199601,28021.51$0
Mar 1996090619.38$0
Feb 1996058616.98$0
Jan 199618084417.07$3,073
Dec 199501,05817.19$0
Nov 1995093016.00$0
Oct 199501,12315.43$0
Sep 19951481,39316.18$2,395
Aug 199501,44415.92$0
Jul 1995066115.24$0
Jun 19951562,37716.41$2,560
May 199502,26917.56$0
Apr 19951832,36317.73$3,245
Mar 199501,84216.44$0
Feb 19951761,69216.58$2,918
Jan 199501,75115.92$0
Dec 199418463715.03$2,766
Nov 199401,95815.90$0
Oct 19941541,45915.58$2,399
Sep 19941932,51915.29$2,951
Aug 199402,60616.13$0
Jul 19941822,94617.56$3,196
Jun 19941913,16817.09$3,264
May 199401,74415.88$0
Apr 19941681,50214.14$2,376
Mar 1994099512.46$0
Feb 1994082812.50$0
Jan 199416188112.66$2,038
Dec 199318760412.33$2,306
Nov 1993045614.49$0
Oct 199301,04715.85$0
Sep 1993054515.03$0
Aug 199316163015.66$2,521
Jul 1993080715.46$0
Jun 1993079516.79$0
May 199317487617.68$3,076
Apr 1993043918.05$0
Mar 1993081718.14$0
Feb 199316899517.90$3,007
Jan 1993053416.93$0

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                    6 Mcf  × $  2.87 =        $17

────────────────────────────────────────────────────
Month total                                      $17

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. 03/G/121551 is the state's own key, not one this site invented.