VERWOLD-OLDHAM

Name: VERWOLD-OLDHAM lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ANADARKO E&P COMPANY LP (P-5 20542) 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 17352District 03Field 34733500NGPA filingOilCasinghead gasSave Export

Value, all time

$966 k

Jan 1993 – Jul 2006

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

163

no gaps in the span

Streams

oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) field

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	44,242 bbl	$831,857
Casinghead gas	Production	79,341 Mcf	$134,502
Total			$966,359

43,728 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 30.5704, -96.5943. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.57039, -96.59429 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

7,620 ft

1 wells filed one

Completion to plug

22.2 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 7,620 ft.

Completions filed

Jan 1984

1 of 1 wells

Plug dates filed

Mar 2006

1 of 1 wells

Last completion to plug: a median of 22.2 years across the 1 well that filed both dates, with the middle half between 22.2 years and 22.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-05132613	1	7,620 ft	Jan 1984	Mar 2006	Yes

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 (163)

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

163 months


Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	2	56.70	7.08	$14
Feb 2006	0	52	57.59	7.75	$403
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	67	0	54.69	10.59	$3,664
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	49	61.45	12.08	$592
Aug 2005	0	73	61.51	9.80	$715
Jul 2005	0	53	55.69	7.84	$416
Jun 2005	177	265	52.33	7.38	$11,218
May 2005	0	351	45.22	6.65	$2,335
Apr 2005	186	328	49.20	7.36	$11,565
Mar 2005	0	357	50.37	7.15	$2,554
Feb 2005	187	289	45.22	6.31	$10,280
Jan 2005	0	317	43.16	6.32	$2,004
Dec 2004	132	255	39.86	6.75	$6,983
Nov 2004	0	281	45.28	6.33	$1,779
Oct 2004	183	314	49.70	6.52	$11,141
Sep 2004	0	266	43.24	5.28	$1,406
Aug 2004	167	314	42.37	5.55	$8,819
Jul 2004	0	319	38.28	6.08	$1,941
Jun 2004	163	304	36.10	6.43	$7,840
May 2004	0	270	37.48	6.49	$1,754
Apr 2004	186	289	34.47	5.86	$8,105
Mar 2004	0	301	34.36	5.53	$1,665
Feb 2004	163	280	32.45	5.51	$6,832
Jan 2004	188	320	32.03	6.30	$8,038
Dec 2003	0	324	30.26	6.30	$2,042
Nov 2003	185	292	28.80	4.60	$6,670
Oct 2003	0	284	28.17	4.76	$1,352
Sep 2003	0	320	26.31	4.75	$1,520
Aug 2003	174	103	29.76	5.13	$5,707
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	184	121	28.56	5.98	$5,979
May 2003	0	325	26.59	5.97	$1,941
Apr 2003	183	358	26.67	5.41	$6,816
Mar 2003	0	283	31.14	6.10	$1,725
Feb 2003	186	291	33.48	7.93	$8,534
Jan 2003	0	315	30.31	5.58	$1,758
Dec 2002	188	246	26.91	4.85	$6,253
Nov 2002	184	177	24.66	4.14	$5,270
Oct 2002	1	177	26.46	4.23	$775
Sep 2002	181	159	27.44	3.64	$5,545
Aug 2002	0	252	25.96	3.16	$797
Jul 2002	174	240	24.58	3.06	$5,012
Jun 2002	175	233	23.73	3.34	$4,931
May 2002	0	254	24.66	3.58	$910
Apr 2002	182	259	23.65	3.51	$5,214
Mar 2002	181	169	22.00	3.10	$4,506
Feb 2002	0	64	18.22	2.38	$152
Jan 2002	184	42	17.17	2.38	$3,259
Dec 2001	171	105	16.93	2.36	$3,143
Nov 2001	178	64	18.07	2.41	$3,370
Oct 2001	178	44	19.78	2.53	$3,632
Sep 2001	0	125	24.26	2.25	$281
Aug 2001	177	129	24.87	3.05	$4,796
Jul 2001	175	105	23.93	3.20	$4,523
Jun 2001	184	366	24.56	3.82	$5,919
May 2001	179	321	25.52	4.31	$5,951
Apr 2001	2	330	24.68	5.34	$1,810
Mar 2001	184	324	24.54	5.38	$6,257
Feb 2001	179	285	27.75	5.77	$6,611
Jan 2001	190	332	27.47	8.40	$8,008
Dec 2000	181	315	26.88	9.12	$7,739
Nov 2000	174	317	32.21	5.66	$7,398
Oct 2000	178	350	31.23	5.15	$7,360
Sep 2000	178	293	31.87	5.19	$7,193
Aug 2000	176	268	29.64	4.54	$6,434
Jul 2000	175	371	28.53	4.09	$6,510
Jun 2000	177	384	29.30	4.40	$6,875
May 2000	177	347	27.26	3.68	$6,102
Apr 2000	179	337	24.51	3.12	$5,437
Mar 2000	180	426	28.42	2.86	$6,334
Feb 2000	179	354	27.62	2.73	$5,909
Jan 2000	184	360	25.27	2.48	$5,543
Dec 1999	182	393	24.28	2.42	$5,371
Nov 1999	185	386	23.19	2.43	$5,230
Oct 1999	0	459	20.98	2.80	$1,287
Sep 1999	360	438	21.75	2.62	$8,977
Aug 1999	174	501	19.26	2.88	$4,792
Jul 1999	179	333	17.89	2.37	$3,992
Jun 1999	0	400	15.94	2.36	$945
May 1999	353	363	15.79	2.32	$6,416
Apr 1999	1	386	15.10	2.21	$867
Mar 1999	178	452	12.47	1.84	$3,051
Feb 1999	173	435	9.98	1.82	$2,517
Jan 1999	177	491	10.38	1.90	$2,770
Dec 1998	183	468	9.20	1.77	$2,514
Nov 1998	174	465	10.89	2.19	$2,911
Oct 1998	179	516	12.42	1.97	$3,239
Sep 1998	191	508	12.59	2.08	$3,463
Aug 1998	183	439	11.30	1.91	$2,905
Jul 1998	180	501	11.74	2.24	$3,234
Jun 1998	178	489	11.24	2.24	$3,095
May 1998	355	570	12.62	2.21	$5,738
Apr 1998	176	528	13.04	2.51	$3,618
Mar 1998	186	465	12.80	2.31	$3,455
Feb 1998	183	387	13.95	2.30	$3,443
Jan 1998	185	507	14.70	2.15	$3,812
Dec 1997	178	495	16.32	2.41	$4,098
Nov 1997	366	504	18.19	3.09	$8,214
Oct 1997	182	566	19.25	3.15	$5,286
Sep 1997	178	497	17.74	2.95	$4,626
Aug 1997	182	666	17.86	2.55	$4,952
Jul 1997	177	599	17.58	2.25	$4,458
Jun 1997	352	778	17.24	2.26	$7,825
May 1997	180	589	18.97	2.31	$4,774
Apr 1997	181	604	17.88	2.08	$4,494
Mar 1997	358	612	18.95	1.94	$7,971
Feb 1997	185	534	20.49	2.21	$4,969
Jan 1997	187	700	23.48	3.54	$6,869
Dec 1996	357	698	23.32	—	$8,325
Nov 1996	175	717	21.97	—	$3,845
Oct 1996	360	716	23.31	—	$8,392
Sep 1996	184	711	22.22	—	$4,088
Aug 1996	360	776	20.26	—	$7,294
Jul 1996	358	775	19.55	—	$6,999
Jun 1996	182	753	18.73	—	$3,409
May 1996	360	769	19.43	—	$6,995
Apr 1996	173	582	21.51	—	$3,721
Mar 1996	359	778	19.38	—	$6,957
Feb 1996	350	799	16.98	—	$5,943
Jan 1996	361	873	17.07	—	$6,162
Dec 1995	353	719	17.19	—	$6,068
Nov 1995	526	1,031	16.00	—	$8,416
Oct 1995	347	819	15.43	—	$5,354
Sep 1995	342	1,046	16.18	—	$5,534
Aug 1995	351	865	15.92	—	$5,588
Jul 1995	519	858	15.24	—	$7,910
Jun 1995	527	874	16.41	—	$8,648
May 1995	539	892	17.56	—	$9,465
Apr 1995	539	840	17.73	—	$9,556
Mar 1995	532	843	16.44	—	$8,746
Feb 1995	523	783	16.58	—	$8,671
Jan 1995	910	768	15.92	—	$14,487
Dec 1994	360	538	15.03	—	$5,411
Nov 1994	717	776	15.90	—	$11,400
Oct 1994	534	783	15.58	—	$8,320
Sep 1994	739	803	15.29	—	$11,299
Aug 1994	695	893	16.13	—	$11,210
Jul 1994	532	915	17.56	—	$9,342
Jun 1994	698	850	17.09	—	$11,929
May 1994	705	911	15.88	—	$11,195
Apr 1994	704	887	14.14	—	$9,955
Mar 1994	868	854	12.46	—	$10,815
Feb 1994	718	915	12.50	—	$8,975
Jan 1994	1,232	968	12.66	—	$15,597
Dec 1993	540	930	12.33	—	$6,658
Nov 1993	728	939	14.49	—	$10,549
Oct 1993	1,229	886	15.85	—	$19,480
Sep 1993	353	1,008	15.03	—	$5,306
Aug 1993	849	1,051	15.66	—	$13,295
Jul 1993	1,043	1,164	15.46	—	$16,125
Jun 1993	1,059	1,132	16.79	—	$17,781
May 1993	712	1,411	17.68	—	$12,588
Apr 1993	1,073	1,514	18.05	—	$19,368
Mar 1993	1,104	1,595	18.14	—	$20,027
Feb 1993	1,447	1,345	17.90	—	$25,901
Jan 1993	899	1,375	16.93	—	$15,220

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 2006 — as filed, then multipliedworked

Oil                    0 bbl  × $ 56.70 =         $0
Casinghead gas         2 Mcf  × $  7.08 =        $14

────────────────────────────────────────────────────
Month total                                      $14

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/17352 is the state's own key, not one this site invented.