WILLIAMS

Name: WILLIAMS lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by RME PETROLEUM COMPANY (P-5 714229) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 143403District 03Field 347735502 tax incentive programmesCondensateGasSave Export

Value, all time

$2.8 M

Jan 1993 – Sep 2002

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

117

no gaps in the span

Streams

condensate, gas

The GIDDINGS (AUSTIN CHALK, GAS) 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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered

1978-08-01

as the register files it

Field class

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 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: “AMENDED DRILLING PERMITS, NOTICE, OR HEARING.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1993-04-16	126775
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
Condensate	Disposition	100,524 bbl	$1,670,285
Gas	Production	2,509,331 Mcf	$1,158,776
Total			$2,829,061

2,028,126 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 30.4645, -96.2680. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.46447, -96.26798 · 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

15,518 ft

1 wells filed one

Completion to plug

5.6 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 15,518 ft.

Completions filed

Mar 2008

1 of 1 wells

Plug dates filed

Oct 2013

1 of 1 wells

Last completion to plug: a median of 5.6 years across the 1 well that filed both dates, with the middle half between 5.6 years and 5.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-04131615	1	15,518 ft	Mar 2008	Oct 2013	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 (117)

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

117 months


Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	84	0	23.73	3.34	$1,993
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	11	0	22.00	3.10	$242
Feb 2002	0	92	18.22	2.38	$219
Jan 2002	0	2	17.17	2.38	$5
Dec 2001	0	3	16.93	2.36	$7
Nov 2001	0	4	18.07	2.41	$10
Oct 2001	0	6	19.78	2.53	$15
Sep 2001	0	10	24.26	2.25	$23
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	13	23.93	3.20	$42
Jun 2001	0	302	24.56	3.82	$1,155
May 2001	0	480	25.52	4.31	$2,068
Apr 2001	0	213	24.68	5.34	$1,136
Mar 2001	0	8	24.54	5.38	$43
Feb 2001	0	311	27.75	5.77	$1,794
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	217	26.88	9.12	$1,980
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	139	31.23	5.15	$715
Sep 2000	2	1,189	31.87	5.19	$6,230
Aug 2000	156	205	29.64	4.54	$5,555
Jul 2000	0	143	28.53	4.09	$585
Jun 2000	0	1,585	29.30	4.40	$6,970
May 2000	0	2,446	27.26	3.68	$9,001
Apr 2000	359	3,808	24.51	3.12	$20,665
Mar 2000	0	7,108	28.42	2.86	$20,327
Feb 2000	550	5,483	27.62	2.73	$30,140
Jan 2000	0	3,734	25.27	2.48	$9,262
Dec 1999	350	7,365	24.28	2.42	$26,349
Nov 1999	188	7,852	23.19	2.43	$23,471
Oct 1999	366	10,487	20.98	2.80	$37,081
Sep 1999	13	8,238	21.75	2.62	$21,857
Aug 1999	184	6,616	19.26	2.88	$22,569
Jul 1999	356	9,927	17.89	2.37	$29,919
Jun 1999	358	7,749	15.94	2.36	$24,010
May 1999	0	6,029	15.79	2.32	$13,993
Apr 1999	358	9,176	15.10	2.21	$25,667
Mar 1999	375	9,720	12.47	1.84	$22,545
Feb 1999	379	9,318	9.98	1.82	$20,721
Jan 1999	362	12,279	10.38	1.90	$27,087
Dec 1998	178	7,716	9.20	1.77	$15,321
Nov 1998	382	11,398	10.89	2.19	$29,073
Oct 1998	191	12,211	12.42	1.97	$26,418
Sep 1998	362	12,224	12.59	2.08	$30,016
Aug 1998	536	13,065	11.30	1.91	$30,976
Jul 1998	535	12,811	11.74	2.24	$34,943
Jun 1998	364	11,709	11.24	2.24	$30,288
May 1998	11	11,635	12.62	2.21	$25,810
Apr 1998	361	11,063	13.04	2.51	$32,424
Mar 1998	718	12,815	12.80	2.31	$38,786
Feb 1998	367	12,199	13.95	2.30	$33,167
Jan 1998	359	14,236	14.70	2.15	$35,953
Dec 1997	377	14,385	16.32	2.41	$40,836
Nov 1997	722	14,568	18.19	3.09	$58,123
Oct 1997	363	16,044	19.25	3.15	$57,523
Sep 1997	365	14,723	17.74	2.95	$49,980
Aug 1997	370	16,913	17.86	2.55	$49,817
Jul 1997	731	17,976	17.58	2.25	$53,242
Jun 1997	371	17,986	17.24	2.26	$46,994
May 1997	726	20,349	18.97	2.31	$60,748
Apr 1997	553	18,187	17.88	2.08	$47,767
Mar 1997	374	21,617	18.95	1.94	$49,006
Feb 1997	914	17,390	20.49	2.21	$57,088
Jan 1997	367	15,728	23.48	3.54	$64,290
Dec 1996	723	16,184	23.32	—	$16,860
Nov 1996	360	29,722	21.97	—	$7,909
Oct 1996	716	19,086	23.31	—	$16,690
Sep 1996	716	23,472	22.22	—	$15,910
Aug 1996	711	31,058	20.26	—	$14,405
Jul 1996	1,075	30,007	19.55	—	$21,016
Jun 1996	358	10,528	18.73	—	$6,705
May 1996	1,074	24,918	19.43	—	$20,868
Apr 1996	732	25,689	21.51	—	$15,745
Mar 1996	1,268	29,919	19.38	—	$24,574
Feb 1996	736	27,935	16.98	—	$12,497
Jan 1996	1,109	31,792	17.07	—	$18,931
Dec 1995	1,453	31,539	17.19	—	$24,977
Nov 1995	1,081	36,464	16.00	—	$17,296
Oct 1995	1,256	41,369	15.43	—	$19,380
Sep 1995	1,609	39,719	16.18	—	$26,034
Aug 1995	1,557	37,648	15.92	—	$24,787
Jul 1995	1,001	30,767	15.24	—	$15,255
Jun 1995	907	31,506	16.41	—	$14,884
May 1995	1,094	33,340	17.56	—	$19,211
Apr 1995	1,063	34,215	17.73	—	$18,847
Mar 1995	905	29,149	16.44	—	$14,878
Feb 1995	1,124	28,241	16.58	—	$18,636
Jan 1995	1,304	31,849	15.92	—	$20,760
Dec 1994	1,133	35,427	15.03	—	$17,029
Nov 1994	1,430	37,641	15.90	—	$22,737
Oct 1994	1,270	36,088	15.58	—	$19,787
Sep 1994	1,097	39,420	15.29	—	$16,773
Aug 1994	1,629	45,503	16.13	—	$26,276
Jul 1994	1,240	36,921	17.56	—	$21,774
Jun 1994	1,597	34,108	17.09	—	$27,293
May 1994	1,254	35,498	15.88	—	$19,914
Apr 1994	1,970	33,180	14.14	—	$27,856
Mar 1994	1,989	42,515	12.46	—	$24,783
Feb 1994	1,455	33,046	12.50	—	$18,188
Jan 1994	1,806	28,536	12.66	—	$22,864
Dec 1993	1,443	22,301	12.33	—	$17,792
Nov 1993	2,523	59,337	14.49	—	$36,558
Oct 1993	3,423	72,198	15.85	—	$54,255
Sep 1993	3,529	62,796	15.03	—	$53,041
Aug 1993	3,521	66,810	15.66	—	$55,139
Jul 1993	3,166	71,200	15.46	—	$48,946
Jun 1993	3,894	88,134	16.79	—	$65,380
May 1993	4,607	97,172	17.68	—	$81,452
Apr 1993	3,911	97,253	18.05	—	$70,594
Mar 1993	4,434	78,591	18.14	—	$80,433
Feb 1993	3,055	46,035	17.90	—	$54,685
Jan 1993	6,168	122,300	16.93	—	$104,424

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.

Jun 2002 — as filed, then multipliedworked

Condensate            84 bbl  × $ 23.73 =     $1,993
Gas                    0 Mcf  × $  3.34 =         $0

────────────────────────────────────────────────────
Month total                                   $1,993

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/143403 is the state's own key, not one this site invented.