VERWOLD, EDWARD

Operated by APACHE CORPORATION (P-5 27200) in the CALDWELL (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15209District 03Field 14710500NGPA filingOilCasinghead gasSaveExport
Value, all time
$371 k
Jan 1993 – Jun 2004
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
138
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 256 leases and 330 wells, and the rule below applies to all of them.

Discovered
1978-06-29
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 80 acres. The field rule took effect on 1991-11-25.

The Commission's schedule remark for this field reads: PER DOCKET 3-97101 EFF 11-25-91, PERM RULES. 80 ACRE OPT/3250 DIAG

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
OilDisposition17,739 bbl$307,326
Casinghead gasProduction56,347 Mcf$63,263
Total$370,589

35,108 Mcf of this lease's gas, across 48 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 30.5868, -96.6133. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.58678, -96.61335 · 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
7,820 ft
1 wells filed one
Completion to plug
14.7 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 7,820 ft.

Completions filed
Aug 1989
1 of 1 wells
Plug dates filed
Apr 2004
1 of 1 wells

Last completion to plug: a median of 14.7 years across the 1 well that filed both dates, with the middle half between 14.7 years and 14.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0513197417,820 ftAug 1989Apr 2004Yes

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 (138)

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

138 months

Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 200491034.475.86$3,137
Mar 200499034.365.53$3,402
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 20030726.595.97$42
Apr 200301226.675.41$65
Mar 20030431.146.10$24
Feb 20030133.487.93$8
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 2002012723.653.51$446
Mar 2002015122.003.10$469
Feb 2002014418.222.38$342
Jan 2002013617.172.38$323
Dec 200112918316.932.36$2,617
Nov 2001018218.072.41$438
Oct 200117817919.782.53$3,974
Sep 2001022124.262.25$498
Aug 200117427624.873.05$5,170
Jul 2001020623.933.20$659
Jun 200117521824.563.82$5,132
May 2001127125.524.31$1,193
Apr 200117326524.685.34$5,684
Mar 2001129024.545.38$1,584
Feb 200119124727.755.77$6,725
Jan 2001325827.478.40$2,249
Dec 200018025026.889.12$7,119
Nov 2000129032.215.66$1,673
Oct 200017332731.235.15$7,085
Sep 2000037331.875.19$1,935
Aug 200018137929.644.54$7,086
Jul 2000037528.534.09$1,534
Jun 2000030729.304.40$1,350
May 200017932927.263.68$6,090
Apr 200018015724.513.12$4,901
Mar 200001428.422.86$40
Feb 2000018927.622.73$515
Jan 2000024825.272.48$615
Dec 1999021824.282.42$528
Nov 1999033123.192.43$806
Oct 199918534520.982.80$4,849
Sep 1999026021.752.62$681
Aug 199918228319.262.88$4,319
Jul 1999034817.892.37$826
Jun 199915454615.942.36$3,744
May 199918841915.792.32$3,941
Apr 1999050315.102.21$1,111
Mar 1999048912.471.84$899
Feb 199904559.981.82$827
Jan 199916015810.381.90$1,961
Dec 199818609.201.77$1,711
Nov 1998020810.892.19$455
Oct 1998037212.421.97$733
Sep 1998046812.592.08$975
Aug 199819040911.301.91$2,927
Jul 1998046111.742.24$1,031
Jun 1998042311.242.24$946
May 199817741512.622.21$3,149
Apr 199816448913.042.51$3,364
Mar 1998050612.802.31$1,169
Feb 199817263213.952.30$3,852
Jan 1998020514.702.15$442
Dec 1997022616.322.41$545
Nov 1997037718.193.09$1,164
Oct 199715933619.253.15$4,119
Sep 1997047517.742.95$1,404
Aug 199717743017.862.55$4,260
Jul 199716853517.582.25$4,156
Jun 1997046717.242.26$1,054
May 199716652818.972.31$4,368
Apr 199716350417.882.08$3,964
Mar 1997058518.951.94$1,134
Feb 199717255320.492.21$4,744
Jan 199717966423.483.54$6,553
Dec 199617050723.32$3,964
Nov 1996039921.97$0
Oct 199616874123.31$3,916
Sep 199617773222.22$3,933
Aug 199616874520.26$3,404
Jul 199615879119.55$3,089
Jun 199644488318.73$8,316
May 1996169119.43$19
Apr 1996112521.51$22
Mar 1996027019.38$0
Feb 199633480116.98$5,671
Jan 199617075417.07$2,902
Dec 199515882617.19$2,716
Nov 199552393816.00$8,368
Oct 1995093515.43$0
Sep 199533586516.18$5,420
Aug 19951871,01415.92$2,977
Jul 19953571,02515.24$5,441
Jun 199519275616.41$3,151
May 199517790717.56$3,108
Apr 19953761,08317.73$6,666
Mar 19951911,06416.44$3,140
Feb 199537091816.58$6,135
Jan 199537079315.92$5,890
Dec 19941961,14215.03$2,946
Nov 199451497215.90$8,173
Oct 19941751,03115.58$2,727
Sep 199453745915.29$8,211
Aug 19943538616.13$5,694
Jul 199435684717.56$6,251
Jun 199472071717.09$12,305
May 199436850315.88$5,844
Apr 199471490014.14$10,096
Mar 199436379012.46$4,523
Feb 199435072312.50$4,375
Jan 19946951,83212.66$8,799
Dec 19935311,22712.33$6,547
Nov 199370067814.49$10,143
Oct 199319144615.85$3,027
Sep 1993318215.03$45
Aug 1993033015.66$0
Jul 1993036615.46$0
Jun 199318150816.79$3,039
May 199318850717.68$3,324
Apr 199317753918.05$3,195
Mar 1993064318.14$0
Feb 199334959317.90$6,247
Jan 1993052416.93$0

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 2004 — as filed, then multipliedworked
Oil                   91 bbl  × $ 34.47 =     $3,137
Casinghead gas         0 Mcf  × $  5.86 =         $0

────────────────────────────────────────────────────
Month total                                   $3,137

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/15209 is the state's own key, not one this site invented.