WEEDON-WEEDON B

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the KURTEN (GEORGETOWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 175106District 03Field 504246002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Jul 1999 – Apr 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
250
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 42 leases and 42 wells, and the rule below applies to all of them.

Discovered
1978-06-14
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 1996-11-01.

The Commission's schedule remark for this field reads: THIS FIELD SAME AS KURTEN (BUDA) IN OIL.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112000-05-05141119
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition8,580 bbl$415,419
GasProduction288,586 Mcf$1,441,287
Total$1,856,705

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 30.6513, -96.2408. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.65126, -96.24079 · 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
11,395 ft
1 wells filed one
Completion to plug
20.8 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 11,395 ft.

Completions filed
Jul 1999
1 of 1 wells
Plug dates filed
Apr 2020
1 of 1 wells

Last completion to plug: a median of 20.8 years across the 1 well that filed both dates, with the middle half between 20.8 years and 20.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-041316461RE11,395 ftJul 1999Apr 2020Yes

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 (250)

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

250 months

Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
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 201559049.822.71$2,939
Mar 2015022142.892.93$649
Feb 2015024844.662.98$738
Jan 2015026143.433.10$809
Dec 2014020154.693.59$722
Nov 2014033570.464.25$1,424
Oct 2014046578.303.90$1,814
Sep 2014052686.164.05$2,128
Aug 2014046489.394.04$1,872
Jul 201419322796.564.18$19,585
Jun 2014032898.164.74$1,554
May 2014025794.734.73$1,215
Apr 2014053895.944.81$2,587
Mar 2014054895.895.06$2,771
Feb 2014051297.406.19$3,170
Jan 2014061490.404.86$2,984
Dec 2013067691.824.35$2,944
Nov 2013071688.853.74$2,677
Oct 201318179297.423.78$20,626
Sep 20130806104.113.72$2,997
Aug 20130864104.253.52$3,044
Jul 20130893102.523.72$3,320
Jun 2013084994.403.93$3,339
May 2013086894.834.15$3,601
Apr 2013077693.964.28$3,323
Mar 2013077093.623.91$3,013
Feb 2013051491.233.42$1,758
Jan 2013062791.603.42$2,144
Dec 2012064586.773.42$2,206
Nov 201218485286.953.62$19,087
Oct 2012091689.383.40$3,114
Sep 2012091494.672.92$2,667
Aug 2012095892.662.91$2,786
Jul 2012098585.133.02$2,975
Jun 2012094179.822.52$2,370
May 2012096191.612.49$2,391
Apr 2012194903101.652.00$21,523
Mar 20120942105.052.22$2,093
Feb 20120908101.102.57$2,334
Jan 2012098198.092.73$2,682
Dec 201101,01496.873.24$3,285
Nov 2011099695.723.31$3,298
Oct 20111941,07184.983.65$20,394
Sep 201101,07383.623.99$4,277
Aug 201101,09583.404.15$4,544
Jul 2011094294.144.52$4,255
Jun 201101,10892.904.64$5,141
May 201101,14998.134.40$5,061
Apr 201101,324105.964.33$5,737
Mar 20111701,61196.364.06$22,918
Feb 201101,13885.644.18$4,757
Jan 201101,61486.504.59$7,406
Dec 20101921,53285.734.35$23,121
Nov 201001,02080.843.80$3,871
Oct 201001,08178.103.51$3,793
Sep 201001,08872.633.98$4,330
Aug 201001,17873.684.42$5,206
Jul 201001,21072.554.74$5,731
Jun 201001,28370.364.91$6,300
May 201001,23671.124.24$5,235
Apr 20101961,14481.694.12$20,728
Mar 201001,23878.394.39$5,433
Feb 201001,17673.585.44$6,400
Jan 201001,29474.365.96$7,718
Dec 200901,45471.445.48$7,973
Nov 20091951,29574.593.75$19,403
Oct 200901,09972.544.11$4,517
Sep 2009091365.543.06$2,798
Aug 2009091267.423.22$2,935
Jul 2009093961.133.46$3,253
Jun 2009091566.163.90$3,564
May 2009094854.743.93$3,722
Apr 200920188946.773.59$12,590
Mar 2009096442.144.06$3,913
Feb 2009089532.814.63$4,147
Jan 2009099335.865.37$5,333
Dec 200801,04937.105.98$6,270
Nov 200801,07755.496.86$7,389
Oct 20081781,67175.246.92$24,959
Sep 200801,017101.767.88$8,011
Aug 200801,640114.228.48$13,912
Jul 200801,664131.0811.39$18,952
Jun 200801,630131.3313.03$21,243
May 200801,596123.1711.57$18,473
Apr 20081821,502110.3110.45$35,780
Mar 200801,708101.909.66$16,506
Feb 200801,63492.538.77$14,331
Jan 200801,77190.388.21$14,532
Dec 200701,44488.337.30$10,544
Nov 200718586691.677.29$23,274
Oct 200701,38082.856.92$9,552
Sep 200701,38975.846.24$8,673
Aug 200701,45569.066.39$9,294
Jul 200701,59070.906.39$10,157
Jun 200701,71862.007.55$12,968
May 20071821,81058.747.85$24,892
Apr 200711,99859.617.81$15,654
Mar 200702,24956.927.30$16,422
Feb 20071822,08355.108.22$27,142
Jan 200712,53850.306.73$17,123
Dec 200643,64756.656.92$25,458
Nov 200617366554.207.62$14,442
Oct 200631,41054.906.01$8,644
Sep 2006088560.085.04$4,458
Aug 200601,05368.717.34$7,729
Jul 200602,33169.376.34$14,785
Jun 2006050366.286.38$3,211
May 20061841,71466.016.42$23,158
Apr 2006022664.397.36$1,663
Mar 200621,49356.707.08$10,688
Feb 200621,59157.597.75$12,447
Jan 200631,68160.598.93$15,199
Dec 20051641,83554.9413.42$33,627
Nov 200501,88654.6910.59$19,970
Oct 20051842,27958.3413.80$42,175
Sep 200502,36561.4512.08$28,567
Aug 20051513,17861.519.80$40,422
Jul 200504,16455.697.84$32,661
Jun 20051675,66452.337.38$50,545
May 20051861,69145.226.65$19,658
Apr 2005046249.207.36$3,401
Mar 2005035050.377.15$2,504
Feb 2005034645.226.31$2,184
Jan 2005040343.166.32$2,548
Dec 2004030239.866.75$2,039
Nov 200418256145.286.33$11,792
Oct 2004042649.706.52$2,775
Sep 2004025543.245.28$1,347
Aug 2004051542.375.55$2,859
Jul 2004060138.286.08$3,657
Jun 2004086536.106.43$5,565
May 2004011637.486.49$753
Apr 2004049034.475.86$2,871
Mar 2004061434.365.53$3,396
Feb 2004046732.455.51$2,573
Jan 2004057132.036.30$3,597
Dec 200318236330.266.30$7,795
Nov 2003060328.804.60$2,771
Oct 2003089928.174.76$4,279
Sep 2003178226.314.75$3,740
Aug 2003076829.765.13$3,940
Jul 2003066529.415.17$3,439
Jun 200318264728.565.98$9,069
May 2003076726.595.97$4,581
Apr 2003085526.675.41$4,623
Mar 2003082631.146.10$5,035
Feb 2003074133.487.93$5,873
Jan 2003093530.315.58$5,219
Dec 20021861,03826.914.85$10,043
Nov 200201,07124.664.14$4,431
Oct 2002095926.464.23$4,056
Sep 200218081727.443.64$7,909
Aug 2002077225.963.16$2,443
Jul 200201,17324.583.06$3,591
Jun 200217898023.733.34$7,495
May 200201,18724.663.58$4,254
Apr 2002097123.653.51$3,410
Mar 20021851,19622.003.10$7,781
Feb 200201,09418.222.38$2,599
Jan 200201,15317.172.38$2,739
Dec 200101,86016.932.36$4,398
Nov 20011811,75918.072.41$7,502
Oct 200101,83719.782.53$4,646
Sep 200101,69424.262.25$3,814
Aug 200101,76724.873.05$5,395
Jul 200101,71823.933.20$5,493
Jun 20011591,65924.563.82$10,249
May 200101,94425.524.31$8,373
Apr 200101,83524.685.34$9,790
Mar 20011791,70224.545.38$13,543
Feb 200101,72927.755.77$9,971
Jan 200101,94027.478.40$16,294
Dec 20001622,16726.889.12$24,123
Nov 200002,16232.215.66$12,233
Oct 200002,35831.235.15$12,133
Sep 200002,90631.875.19$15,072
Aug 200003,34729.644.54$15,198
Jul 20001613,51628.534.09$18,973
Jun 20001811,34429.304.40$11,213
May 200001,50927.263.68$5,553
Apr 200001,16024.513.12$3,615
Mar 20001821,25228.422.86$8,753
Feb 20003671,47627.622.73$14,161
Jan 200001,11825.272.48$2,773
Dec 19991791,84424.282.42$8,815
Nov 19991804,41923.192.43$14,930
Oct 199907,77520.982.80$21,799
Sep 199918011,92721.752.62$35,150
Aug 199972221,33619.262.88$75,260
Jul 199937821,54717.892.37$57,880

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 2015 — as filed, then multipliedworked
Condensate            59 bbl  × $ 49.82 =     $2,939
Gas                    0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                   $2,939

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/175106 is the state's own key, not one this site invented.