WALTER CO.

Operated by BALLARD EXPLORATION COMPANY,INC. (P-5 48169) in the CHINA (YEGUA EY-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 165200District 03Field 17798602CondensateGasSaveExport
Value, all time
$1.6 M
Aug 1997 – Apr 2001
Value, last 12 filed months
$859
at the published price for each month
Months reported
45
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1997-08-25
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

The Commission's schedule remark for this field reads: EFF 3/1/09

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
CondensateDisposition12,860 bbl$193,826
GasProduction533,830 Mcf$1,383,116
Total$1,576,942

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 30.0309, -94.3529. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.03089, -94.35294 · 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
13,945 ft
1 wells filed one
Completion to plug
3.7 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 13,945 ft.

Completions filed
Aug 1997
1 of 1 wells
Plug dates filed
Apr 2001
1 of 1 wells

Last completion to plug: a median of 3.7 years across the 1 well that filed both dates, with the middle half between 3.7 years and 3.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24532145113,945 ftAug 1997Apr 2001Yes

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 (45)

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

45 months

Apr 20010024.685.34$0
Mar 200135024.545.38$859
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999117823.192.43$456
Oct 1999022920.982.80$642
Sep 1999019821.752.62$519
Aug 1999021819.262.88$627
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999013412.471.84$246
Feb 19992429649.981.82$4,168
Jan 1999024710.381.90$469
Dec 1998009.201.77$0
Nov 199873,11510.892.19$6,885
Oct 1998122,14712.421.97$4,377
Sep 19981571212.592.08$1,672
Aug 1998221,20511.301.91$2,547
Jul 19980011.742.24$0
Jun 199843512,86111.242.24$33,663
May 19981,71549,29412.622.21$130,403
Apr 19981,28755,12713.042.51$154,894
Mar 19981,33956,53412.802.31$147,701
Feb 19981,32745,99713.952.30$124,265
Jan 19981,29651,20414.702.15$129,385
Dec 19971,33151,10616.322.41$144,944
Nov 19971,28854,82118.193.09$192,730
Oct 19971,46177,14419.253.15$271,114
Sep 19971,04764,88517.742.95$210,301
Aug 199705,51017.862.55$14,077

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.

Mar 2001 — as filed, then multipliedworked
Condensate            35 bbl  × $ 24.54 =       $859
Gas                    0 Mcf  × $  5.38 =         $0

────────────────────────────────────────────────────
Month total                                     $859

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/165200 is the state's own key, not one this site invented.