VARISCO, T. J.

Operated by WCS OIL & GAS CORPORATION (P-5 902624) 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 98143District 03Field 34773550NGPA filingCondensateGasSaveExport
Value, all time
$2.9 M
Jan 1993 – Feb 2020
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
326
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 1,061 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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

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
CondensateDisposition13,807 bbl$984,213
GasProduction395,634 Mcf$1,872,810
Total$2,857,023

42,197 Mcf of this lease's gas, across 18 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 30.4717, -96.3650. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.47170, -96.36497 · 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
11,406 ft
1 wells filed one
Completion to plug
11.7 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 11,406 ft.

Completions filed
Jun 2008
1 of 1 wells
Plug dates filed
Feb 2020
1 of 1 wells

Last completion to plug: a median of 11.7 years across the 1 well that filed both dates, with the middle half between 11.7 years and 11.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-051318731RE11,406 ftJun 2008Feb 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 (326)

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

326 months

Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 201918021159.012.30$11,108
Nov 2019129955.302.75$878
Oct 201901553.472.42$36
Sep 2019045455.052.66$1,206
Aug 2019150853.112.30$1,224
Jul 2019261456.272.46$1,623
Jun 2019069452.782.49$1,729
May 2019122558.482.74$675
Apr 201901,26962.632.75$3,491
Mar 2019184956.803.06$2,657
Feb 201911,03650.852.79$2,944
Jan 2019149646.033.23$1,647
Dec 201818110746.594.19$8,881
Nov 2018037552.934.24$1,589
Oct 2018120161.443.40$744
Sep 2018048059.543.11$1,492
Aug 2018012059.403.07$368
Jul 2018050365.142.93$1,475
Jun 2018064860.183.08$1,994
May 2018066765.382.90$1,935
Apr 2018076163.842.90$2,208
Mar 2018052461.222.79$1,460
Feb 2018076761.782.77$2,122
Jan 2018157262.874.01$2,356
Dec 2017040857.272.92$1,192
Nov 2017166455.423.12$2,126
Oct 2017030949.292.98$922
Sep 2017164947.523.09$2,051
Aug 2017110545.373.00$361
Jul 201718013743.873.09$8,320
Jun 2017016742.493.09$516
May 2017127445.373.26$940
Apr 2017047747.933.21$1,532
Mar 2017149446.772.98$1,521
Feb 2017023550.452.95$694
Jan 2017081849.413.42$2,797
Dec 2016090348.763.72$3,362
Nov 2016091242.492.64$2,412
Oct 201611,20446.193.09$3,767
Sep 20161841,25841.553.10$11,546
Aug 201601,38541.442.92$4,050
Jul 201601,65741.622.92$4,846
Jun 201631,38545.352.69$3,856
May 201611,38742.521.99$2,804
Apr 201611,55636.561.99$3,135
Mar 201612,09633.011.79$3,793
Feb 201611,27226.472.06$2,651
Jan 201611,19827.352.36$2,860
Dec 201511,17932.362.00$2,392
Nov 201518285338.792.17$8,909
Oct 2015164043.552.43$1,597
Sep 2015020642.992.76$568
Aug 2015119540.162.87$600
Jul 2015055448.152.95$1,632
Jun 2015182256.152.88$2,426
May 2015031155.212.96$919
Apr 2015149249.822.71$1,381
Mar 201517550242.892.93$8,979
Feb 2015079744.662.98$2,372
Jan 2015052343.433.10$1,622
Dec 201411,64854.693.59$5,973
Nov 2014081570.464.25$3,465
Oct 2014041478.303.90$1,615
Sep 2014053286.164.05$2,152
Aug 2014038689.394.04$1,558
Jul 201418439296.564.18$19,405
Jun 2014087998.164.74$4,164
May 2014071194.734.73$3,361
Apr 2014065795.944.81$3,160
Mar 2014171,00595.895.06$6,712
Feb 201401,42797.406.19$8,836
Jan 2014060790.404.86$2,950
Dec 201318198791.824.35$20,917
Nov 2013096688.853.74$3,611
Oct 201301,29897.423.78$4,906
Sep 201301,411104.113.72$5,246
Aug 201301,478104.253.52$5,206
Jul 201301,842102.523.72$6,848
Jun 20131852,27294.403.93$26,401
May 201302,08994.834.15$8,667
Apr 201301,81893.964.28$7,786
Mar 201302,56493.623.91$10,033
Feb 201302,75191.233.42$9,408
Jan 20131892,54091.603.42$25,999
Dec 201201,09786.773.42$3,752
Nov 201201,68486.953.62$6,104
Oct 201201,77089.383.40$6,017
Sep 20121871,85994.672.92$23,129
Aug 201202,87492.662.91$8,358
Jul 201205,32785.133.02$16,092
Jun 201204,66179.822.52$11,741
May 201205,17391.612.49$12,872
Apr 20121773,359101.652.00$24,699
Mar 201203,405105.052.22$7,566
Feb 201203,971101.102.57$10,206
Jan 20121894,60598.092.73$31,129
Dec 201104,77396.873.24$15,463
Nov 201104,02895.723.31$13,338
Oct 20111944,59984.983.65$33,266
Sep 201104,41083.623.99$17,577
Aug 201104,38383.404.15$18,186
Jul 20111914,25194.144.52$37,184
Jun 201104,64592.904.64$21,552
May 201104,25298.134.40$18,729
Apr 20111884,127105.964.33$37,804
Mar 201104,63096.364.06$18,785
Feb 20111915,18785.644.18$38,039
Jan 201104,74986.504.59$21,792
Dec 20101893,90985.734.35$33,198
Nov 201003,46180.843.80$13,136
Oct 20101853,73378.103.51$27,547
Sep 201003,55972.633.98$14,163
Aug 20101924,15673.684.42$32,513
Jul 20102973,97572.554.74$40,375
Jun 201009970.364.91$486
May 20103753,64871.124.24$42,120
Apr 2010055181.694.12$2,272
Mar 20101841,53978.394.39$21,178
Feb 201002,88373.585.44$15,690
Jan 20101823,34774.365.96$33,495
Dec 20091916,72771.445.48$50,534
Nov 200906,82374.593.75$25,596
Oct 20091905,51472.544.11$36,447
Sep 20091934,33665.543.06$25,938
Aug 20091824,59767.423.22$27,066
Jul 200902,91161.133.46$10,085
Jun 20091833,72666.163.90$26,620
May 20093683,73454.743.93$34,803
Apr 200904,59046.773.59$16,467
Mar 20091887,23042.144.06$37,269
Feb 20091976,04332.814.63$34,461
Jan 20093887,47235.865.37$54,046
Dec 20083927,12637.105.98$57,136
Nov 20081976,62455.496.86$56,375
Oct 20083948,59575.246.92$89,139
Sep 20083929,005101.767.88$110,823
Aug 200876211,226114.228.48$182,266
Jul 200896622,002131.0811.39$377,214
Jun 20081,12724,569131.3313.03$468,208
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
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 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 199482015.58$1,278
Sep 19940015.29$0
Aug 199408916.13$0
Jul 19940017.56$0
Jun 1994010817.09$0
May 199418221415.88$2,890
Apr 1994018414.14$0
Mar 1994178012.46$12
Feb 1994123712.50$13
Jan 1994252212.66$25
Dec 1993375512.33$37
Nov 19930514.49$0
Oct 199301815.85$0
Sep 19930015.03$0
Aug 1993112615.66$16
Jul 1993118115.46$15
Jun 19931741,79016.79$2,921
May 19931,33120,60417.68$23,532
Apr 19931744,41918.05$3,141
Mar 19933645,16118.14$6,603
Feb 19931943,86217.90$3,473
Jan 19931983,14216.93$3,352

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.

Dec 2019 — as filed, then multipliedworked
Condensate           180 bbl  × $ 59.01 =    $10,622
Gas                  211 Mcf  × $  2.30 =       $486

────────────────────────────────────────────────────
Month total                                  $11,108

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/98143 is the state's own key, not one this site invented.