WELCH FOUNDATION

Operated by SANDPOINT TEXAS LLC (P-5 747978) in the HOSKINS MOUND field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 211378District 03Field 42789001CondensateGasSaveExport
Value, all time
$3.3 M
Apr 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
254
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 21 leases and 110 wells, and the rule below applies to all of them.

Discovered
1970-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
0 ft
minimum

A drilling unit in this field needs at least 0 acres.

The Commission's schedule remark for this field reads: 250 BOPD. 49B DAILY RATE RECALCULATED BASED ON INCREASED MER.

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
CondensateDisposition30,368 bbl$2,156,982
GasProduction143,870 Mcf$1,155,692
Total$3,312,674

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 29.1292, -95.2267. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.12923, -95.22666 · 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
6,395 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 6,395 ft.

Completions filed
Apr 2005
1 of 1 wells

1 well

42-0393272256,395 ftApr 2005

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 (254)

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

254 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
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 201614041.553.10$582
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 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20124494.672.92$390
Aug 20122812792.662.91$2,964
Jul 201218036385.133.02$16,420
Jun 2012913079.822.52$7,339
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201235310101.102.57$4,335
Jan 20122015498.092.73$2,383
Dec 2011041896.873.24$1,354
Nov 20110095.723.31$0
Oct 20111687484.983.65$14,547
Sep 20111194783.623.99$10,138
Aug 201101,14883.404.15$4,763
Jul 2011283294.144.52$2,780
Jun 20110092.904.64$0
May 20119698.134.40$910
Apr 20117653105.964.33$8,283
Mar 201103496.364.06$138
Feb 20110085.644.18$0
Jan 2011721486.504.59$6,292
Dec 201005685.734.35$243
Nov 201015515180.843.80$13,103
Oct 201010920478.103.51$9,229
Sep 20100072.633.98$0
Aug 201034838873.684.42$27,355
Jul 201035735172.554.74$27,563
Jun 20105110570.364.91$4,104
May 20100071.124.24$0
Apr 2010242281.694.12$2,051
Mar 2010413278.394.39$3,354
Feb 20104183173.585.44$7,539
Jan 20100974.365.96$54
Dec 200901,67371.445.48$9,174
Nov 2009243374.593.75$1,914
Oct 20098547572.544.11$8,118
Sep 2009335965.543.06$2,344
Aug 20090067.423.22$0
Jul 20090461.133.46$14
Jun 2009925366.163.90$1,581
May 2009486354.743.93$2,875
Apr 2009481,22646.773.59$6,643
Mar 20091261142.144.06$2,986
Feb 20092652732.814.63$3,295
Jan 20097265635.865.37$6,105
Dec 20088772737.105.98$7,573
Nov 20088666455.496.86$9,327
Oct 200816369575.246.92$17,075
Sep 2008286837101.767.88$35,696
Aug 2008484655114.228.48$60,839
Jul 2008411579131.0811.39$60,468
Jun 2008395820131.3313.03$62,562
May 2008613896123.1711.57$85,874
Apr 2008455780110.3110.45$58,346
Mar 2008812688101.909.66$89,392
Feb 200866987692.538.77$69,586
Jan 200851691990.388.21$54,177
Dec 200778677788.337.30$75,101
Nov 200766264791.677.29$65,403
Oct 200751384982.856.92$48,379
Sep 20076231,12275.846.24$54,254
Aug 200744596869.066.39$36,915
Jul 200756768070.906.39$44,544
Jun 200761973562.007.55$43,926
May 200778777358.747.85$52,294
Apr 200768372059.617.81$46,333
Mar 200757470556.927.30$37,820
Feb 200725233655.108.22$16,646
Jan 200788484750.306.73$50,163
Dec 20061,01981756.656.92$63,379
Nov 20061,19181754.207.62$70,776
Oct 20061,06683054.906.01$63,515
Sep 20061,01682160.085.04$65,177
Aug 20061,08686868.717.34$80,990
Jul 20061,32097369.376.34$97,740
Jun 200686777066.286.38$62,380
May 200676666866.016.42$54,856
Apr 20061,38376764.397.36$94,697
Mar 20061,68210256.707.08$96,092
Feb 200687755357.597.75$54,793
Jan 20061,6341,09360.598.93$108,768
Dec 200575385254.9413.42$52,800
Nov 20051581,06554.6910.59$19,918
Oct 20052456,55858.3413.80$104,766
Sep 2005535,52461.4512.08$69,981
Aug 20053818,78361.519.80$186,351
Jul 2005022,81955.697.84$178,984
Jun 2005023,13752.337.38$170,775
May 20058021,64745.226.65$147,595
Apr 20054355,56849.207.36$62,385

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.

Sep 2016 — as filed, then multipliedworked
Condensate            14 bbl  × $ 41.55 =       $582
Gas                    0 Mcf  × $  3.10 =         $0

────────────────────────────────────────────────────
Month total                                     $582

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/211378 is the state's own key, not one this site invented.