JOYCE UNIT

Operated by WCS OIL & GAS CORPORATION (P-5 902624) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12624District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$560 k
Jan 1993 – Jun 2007
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
174
no gaps in the span
Streams
2
oil, casinghead 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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
as the register files it
Field class
Oil and 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 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

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
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
OilDisposition26,492 bbl$538,676
Casinghead gasProduction14,224 Mcf$21,630
Total$560,306

8,308 Mcf of this lease's gas, across 47 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 30.3280, -96.8229. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.32799, -96.82289 · 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
7,890 ft
1 wells filed one
Completion to plug
27.4 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 7,890 ft.

Completions filed
Dec 1979
1 of 1 wells
Plug dates filed
May 2007
1 of 1 wells

Last completion to plug: a median of 27.4 years across the 1 well that filed both dates, with the middle half between 27.4 years and 27.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2873055317,890 ftDec 1979May 2007Yes

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 (174)

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

174 months

Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 2007142056.927.30$8,083
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20061056.656.92$57
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 2006150066.016.42$9,902
Apr 20061064.397.36$64
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 20051058.3413.80$58
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 2005162055.697.84$9,022
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005172050.377.15$8,664
Feb 200503145.226.31$196
Jan 20051741643.166.32$7,611
Dec 20040939.866.75$61
Nov 200402745.286.33$171
Oct 20041679449.706.52$8,912
Sep 200405343.245.28$280
Aug 20041676642.375.55$7,442
Jul 2004012138.286.08$736
Jun 200417012236.106.43$6,922
May 2004011237.486.49$727
Apr 2004172934.475.86$5,982
Mar 200404634.365.53$254
Feb 20041726932.455.51$5,962
Jan 20040432.036.30$25
Dec 20031743530.266.30$5,486
Nov 200302228.804.60$101
Oct 200303828.174.76$181
Sep 20031655126.314.75$4,583
Aug 200308429.765.13$431
Jul 200318112429.415.17$5,964
Jun 2003187028.565.98$5,341
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 2003189031.146.10$5,885
Feb 20030033.487.93$0
Jan 2003181030.315.58$5,486
Dec 20020026.914.85$0
Nov 2002178724.664.14$4,418
Oct 200202326.464.23$97
Sep 20021834427.443.64$5,181
Aug 200203025.963.16$95
Jul 20021874824.583.06$4,743
Jun 20021876623.733.34$4,658
May 200203224.663.58$115
Apr 20021023.653.51$24
Mar 20020022.003.10$0
Feb 20021821218.222.38$3,345
Jan 20021783017.172.38$3,128
Dec 20011833216.932.36$3,174
Nov 20011823118.072.41$3,363
Oct 200102919.782.53$73
Sep 200104424.262.25$99
Aug 20011677124.873.05$4,370
Jul 20011867823.933.20$4,700
Jun 200104124.563.82$157
May 20011894825.524.31$5,030
Apr 200106024.685.34$320
Mar 20013788724.545.38$9,744
Feb 200106027.755.77$346
Jan 200117610727.478.40$5,733
Dec 200009026.889.12$821
Nov 200019412732.215.66$6,967
Oct 200018914231.235.15$6,633
Sep 20001865631.875.19$6,218
Aug 20001814829.644.54$5,583
Jul 200007128.534.09$290
Jun 200008129.304.40$356
May 20001717927.263.68$4,952
Apr 20003545324.513.12$8,842
Mar 200005728.422.86$163
Feb 20003765627.622.73$10,538
Jan 20000025.272.48$0
Dec 1999189024.282.42$4,589
Nov 1999180023.192.43$4,174
Oct 1999185020.982.80$3,881
Sep 1999191021.752.62$4,154
Aug 19990419.262.88$12
Jul 19991792817.892.37$3,269
Jun 199916517615.942.36$3,046
May 19991817115.792.32$3,023
Apr 19991646515.102.21$2,620
Mar 19991629712.471.84$2,198
Feb 1999186599.981.82$1,964
Jan 199933623610.381.90$3,936
Dec 1998164719.201.77$1,635
Nov 19981655310.892.19$1,913
Oct 199837312712.421.97$4,883
Sep 199803612.592.08$75
Aug 199818812011.301.91$2,353
Jul 199834716511.742.24$4,443
Jun 19980411.242.24$9
May 19981844912.622.21$2,430
Apr 19981905213.042.51$2,608
Mar 19981807512.802.31$2,477
Feb 19981668113.952.30$2,502
Jan 19981708314.702.15$2,678
Dec 19971758416.322.41$3,059
Nov 19971799718.193.09$3,556
Oct 199719012219.253.15$4,042
Sep 19973398817.742.95$6,274
Aug 19971818917.862.55$3,460
Jul 199718212317.582.25$3,476
Jun 199718110817.242.26$3,364
May 199718011618.972.31$3,682
Apr 199736415617.882.08$6,833
Mar 199718511918.951.94$3,737
Feb 199719011420.492.21$4,145
Jan 19971857523.483.54$4,609
Dec 199656312623.32$13,129
Nov 1996016721.97$0
Oct 199618422723.31$4,289
Sep 199618119022.22$4,022
Aug 199635820220.26$7,253
Jul 199618211819.55$3,558
Jun 199617912618.73$3,353
May 199618515619.43$3,595
Apr 199635716221.51$7,679
Mar 19961812119.38$3,508
Feb 1996180016.98$3,056
Jan 19963586117.07$6,111
Dec 199517821617.19$3,060
Nov 199534226516.00$5,472
Oct 199516118015.43$2,484
Sep 199517722716.18$2,864
Aug 19953508315.92$5,572
Jul 199517714215.24$2,697
Jun 199535214316.41$5,776
May 199518012617.56$3,161
Apr 19951697817.73$2,996
Mar 199535311216.44$5,803
Feb 199535014716.58$5,803
Jan 199516516015.92$2,627
Dec 199434716515.03$5,215
Nov 199417510515.90$2,783
Oct 1994180115.58$2,804
Sep 1994384115.29$5,871
Aug 199417316416.13$2,790
Jul 199435126117.56$6,164
Jun 199435442517.09$6,050
May 199417238115.88$2,731
Apr 199434031514.14$4,808
Mar 199418228612.46$2,268
Feb 199434230412.50$4,275
Jan 199417232012.66$2,178
Dec 199335528212.33$4,377
Nov 199335214714.49$5,100
Oct 199335210615.85$5,579
Sep 19931788215.03$2,675
Aug 199334521215.66$5,403
Jul 199335119815.46$5,426
Jun 199317522716.79$2,938
May 199335621917.68$6,294
Apr 199335917618.05$6,480
Mar 199337012418.14$6,712
Feb 199318517317.90$3,312
Jan 199336819916.93$6,230

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 2007 — as filed, then multipliedworked
Oil                  142 bbl  × $ 56.92 =     $8,083
Casinghead gas         0 Mcf  × $  7.30 =         $0

────────────────────────────────────────────────────
Month total                                   $8,083

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/O/12624 is the state's own key, not one this site invented.