BOND

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

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 17863District 03Field 34733500NGPA filingOilCasinghead gasSave Export

Value, all time

$3.6 M

Jan 1993 – Aug 2011

Value, last 12 filed months

$22 k

at the published price for each month

Months reported

224

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	110,121 bbl	$2,802,591
Casinghead gas	Production	230,591 Mcf	$749,845
Total			$3,552,436

71,578 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 30.3799, -96.7628. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.37989, -96.76280 · 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

8,330 ft

1 wells filed one

Completion to plug

16.8 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 8,330 ft.

Completions filed

Jun 1994

1 of 1 wells

Plug dates filed

Mar 2011

1 of 1 wells

Last completion to plug: a median of 16.8 years across the 1 well that filed both dates, with the middle half between 16.8 years and 16.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-05132673	1 A	8,330 ft	Jun 1994	Mar 2011	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 (224)

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

224 months


Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	87	0	96.36	4.06	$8,383
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	163	0	80.84	3.80	$13,177
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	15	70.36	4.91	$74
May 2010	0	80	71.12	4.24	$339
Apr 2010	0	87	81.69	4.12	$359
Mar 2010	0	65	78.39	4.39	$285
Feb 2010	0	57	73.58	5.44	$310
Jan 2010	0	61	74.36	5.96	$364
Dec 2009	172	57	71.44	5.48	$12,600
Nov 2009	0	71	74.59	3.75	$266
Oct 2009	0	85	72.54	4.11	$349
Sep 2009	0	64	65.54	3.06	$196
Aug 2009	0	72	67.42	3.22	$232
Jul 2009	0	40	61.13	3.46	$139
Jun 2009	0	47	66.16	3.90	$183
May 2009	0	63	54.74	3.93	$247
Apr 2009	0	55	46.77	3.59	$197
Mar 2009	167	155	42.14	4.06	$7,667
Feb 2009	178	352	32.81	4.63	$7,471
Jan 2009	177	506	35.86	5.37	$9,065
Dec 2008	172	467	37.10	5.98	$9,173
Nov 2008	172	448	55.49	6.86	$12,618
Oct 2008	356	688	75.24	6.92	$31,548
Sep 2008	174	478	101.76	7.88	$21,471
Aug 2008	0	582	114.22	8.48	$4,937
Jul 2008	180	403	131.08	11.39	$28,184
Jun 2008	177	710	131.33	13.03	$32,499
May 2008	347	700	123.17	11.57	$50,842
Apr 2008	178	775	110.31	10.45	$27,738
Mar 2008	353	770	101.90	9.66	$43,412
Feb 2008	180	675	92.53	8.77	$22,576
Jan 2008	348	670	90.38	8.21	$36,950
Dec 2007	177	588	88.33	7.30	$19,928
Nov 2007	347	686	91.67	7.29	$36,812
Oct 2007	352	735	82.85	6.92	$34,251
Sep 2007	175	787	75.84	6.24	$18,186
Aug 2007	338	884	69.06	6.39	$28,989
Jul 2007	177	950	70.90	6.39	$18,618
Jun 2007	351	825	62.00	7.55	$27,989
May 2007	171	869	58.74	7.85	$16,863
Apr 2007	348	898	59.61	7.81	$27,753
Mar 2007	521	847	56.92	7.30	$35,840
Feb 2007	172	828	55.10	8.22	$16,280
Jan 2007	346	991	50.30	6.73	$24,070
Dec 2006	350	1,044	56.65	6.92	$27,050
Nov 2006	175	1,042	54.20	7.62	$17,422
Oct 2006	357	942	54.90	6.01	$25,264
Sep 2006	530	1,001	60.08	5.04	$36,885
Aug 2006	173	964	68.71	7.34	$18,963
Jul 2006	517	974	69.37	6.34	$42,042
Jun 2006	169	906	66.28	6.38	$16,985
May 2006	352	1,035	66.01	6.42	$29,885
Apr 2006	353	886	64.39	7.36	$29,251
Mar 2006	175	563	56.70	7.08	$13,910
Feb 2006	170	761	57.59	7.75	$15,689
Jan 2006	522	916	60.59	8.93	$39,811
Dec 2005	176	852	54.94	13.42	$21,099
Nov 2005	528	828	54.69	10.59	$37,644
Oct 2005	342	937	58.34	13.80	$32,879
Sep 2005	350	873	61.45	12.08	$32,052
Aug 2005	354	1,026	61.51	9.80	$31,826
Jul 2005	176	874	55.69	7.84	$16,657
Jun 2005	506	1,086	52.33	7.38	$34,495
May 2005	344	960	45.22	6.65	$21,941
Apr 2005	345	1,058	49.20	7.36	$24,761
Mar 2005	350	1,103	50.37	7.15	$25,521
Feb 2005	342	632	45.22	6.31	$19,454
Jan 2005	171	273	43.16	6.32	$9,106
Dec 2004	349	1,054	39.86	6.75	$21,027
Nov 2004	346	1,070	45.28	6.33	$22,440
Oct 2004	345	1,149	49.70	6.52	$24,632
Sep 2004	340	1,226	43.24	5.28	$21,180
Aug 2004	340	1,405	42.37	5.55	$22,204
Jul 2004	344	1,088	38.28	6.08	$19,788
Jun 2004	342	1,239	36.10	6.43	$20,317
May 2004	511	1,184	37.48	6.49	$26,842
Apr 2004	344	1,143	34.47	5.86	$18,554
Mar 2004	524	1,059	34.36	5.53	$23,861
Feb 2004	175	1,098	32.45	5.51	$11,728
Jan 2004	348	1,185	32.03	6.30	$18,612
Dec 2003	348	1,143	30.26	6.30	$17,733
Nov 2003	344	1,046	28.80	4.60	$14,714
Oct 2003	186	829	28.17	4.76	$9,185
Sep 2003	377	819	26.31	4.75	$13,809
Aug 2003	188	877	29.76	5.13	$10,094
Jul 2003	376	1,133	29.41	5.17	$16,917
Jun 2003	183	919	28.56	5.98	$10,725
May 2003	379	1,033	26.59	5.97	$16,247
Apr 2003	187	1,018	26.67	5.41	$10,492
Mar 2003	375	1,125	31.14	6.10	$18,536
Feb 2003	375	963	33.48	7.93	$20,188
Jan 2003	190	1,063	30.31	5.58	$11,693
Dec 2002	375	1,395	26.91	4.85	$16,862
Nov 2002	187	952	24.66	4.14	$8,550
Oct 2002	0	19	26.46	4.23	$80
Sep 2002	186	499	27.44	3.64	$6,918
Aug 2002	183	894	25.96	3.16	$7,579
Jul 2002	192	992	24.58	3.06	$7,757
Jun 2002	190	946	23.73	3.34	$7,667
May 2002	188	946	24.66	3.58	$8,027
Apr 2002	186	916	23.65	3.51	$7,616
Mar 2002	194	1,014	22.00	3.10	$7,414
Feb 2002	188	627	18.22	2.38	$4,915
Jan 2002	186	846	17.17	2.38	$5,203
Dec 2001	184	616	16.93	2.36	$4,572
Nov 2001	0	424	18.07	2.41	$1,020
Oct 2001	187	469	19.78	2.53	$4,885
Sep 2001	183	626	24.26	2.25	$5,849
Aug 2001	178	559	24.87	3.05	$6,134
Jul 2001	192	573	23.93	3.20	$6,426
Jun 2001	192	685	24.56	3.82	$7,335
May 2001	186	308	25.52	4.31	$6,073
Apr 2001	185	689	24.68	5.34	$8,242
Mar 2001	191	1,206	24.54	5.38	$11,171
Feb 2001	383	1,240	27.75	5.77	$17,779
Jan 2001	178	1,686	27.47	8.40	$19,050
Dec 2000	387	1,962	26.88	9.12	$28,301
Nov 2000	753	584	32.21	5.66	$27,558
Oct 2000	183	221	31.23	5.15	$6,852
Sep 2000	184	783	31.87	5.19	$9,925
Aug 2000	185	842	29.64	4.54	$9,307
Jul 2000	365	974	28.53	4.09	$14,397
Jun 2000	184	999	29.30	4.40	$9,784
May 2000	457	1,145	27.26	3.68	$16,671
Apr 2000	182	1,129	24.51	3.12	$7,979
Mar 2000	370	995	28.42	2.86	$13,361
Feb 2000	367	1,043	27.62	2.73	$12,980
Jan 2000	184	1,285	25.27	2.48	$7,837
Dec 1999	365	1,326	24.28	2.42	$12,076
Nov 1999	191	1,351	23.19	2.43	$7,718
Oct 1999	368	1,301	20.98	2.80	$11,368
Sep 1999	186	1,389	21.75	2.62	$7,683
Aug 1999	558	1,344	19.26	2.88	$14,612
Jul 1999	180	1,365	17.89	2.37	$6,458
Jun 1999	362	1,460	15.94	2.36	$9,219
May 1999	189	1,476	15.79	2.32	$6,410
Apr 1999	285	1,754	15.10	2.21	$8,176
Mar 1999	375	1,968	12.47	1.84	$8,294
Feb 1999	550	1,669	9.98	1.82	$8,523
Jan 1999	364	1,935	10.38	1.90	$7,455
Dec 1998	549	1,964	9.20	1.77	$8,534
Nov 1998	543	1,794	10.89	2.19	$9,834
Oct 1998	561	2,123	12.42	1.97	$11,148
Sep 1998	550	2,353	12.59	2.08	$11,825
Aug 1998	558	2,255	11.30	1.91	$10,606
Jul 1998	558	2,457	11.74	2.24	$12,048
Jun 1998	730	2,365	11.24	2.24	$13,496
May 1998	541	1,960	12.62	2.21	$11,152
Apr 1998	729	2,075	13.04	2.51	$14,705
Mar 1998	545	1,912	12.80	2.31	$11,392
Feb 1998	547	1,947	13.95	2.30	$12,107
Jan 1998	543	1,902	14.70	2.15	$12,081
Dec 1997	731	1,577	16.32	2.41	$15,732
Nov 1997	550	2,462	18.19	3.09	$17,608
Oct 1997	723	2,289	19.25	3.15	$21,128
Sep 1997	730	2,268	17.74	2.95	$19,652
Aug 1997	724	1,969	17.86	2.55	$17,961
Jul 1997	554	1,916	17.58	2.25	$14,044
Jun 1997	370	809	17.24	2.26	$8,205
May 1997	377	878	18.97	2.31	$9,179
Apr 1997	550	917	17.88	2.08	$11,744
Mar 1997	741	988	18.95	1.94	$15,958
Feb 1997	527	891	20.49	2.21	$12,764
Jan 1997	572	925	23.48	3.54	$16,705
Dec 1996	578	1,083	23.32	—	$13,479
Nov 1996	564	929	21.97	—	$12,391
Oct 1996	570	573	23.31	—	$13,287
Sep 1996	381	562	22.22	—	$8,466
Aug 1996	679	750	20.26	—	$13,757
Jul 1996	386	919	19.55	—	$7,546
Jun 1996	566	1,788	18.73	—	$10,601
May 1996	921	2,387	19.43	—	$17,895
Apr 1996	739	3,072	21.51	—	$15,896
Mar 1996	955	1,797	19.38	—	$18,508
Feb 1996	926	1,341	16.98	—	$15,723
Jan 1996	732	1,271	17.07	—	$12,495
Dec 1995	751	1,516	17.19	—	$12,910
Nov 1995	583	1,365	16.00	—	$9,328
Oct 1995	763	1,313	15.43	—	$11,773
Sep 1995	768	1,679	16.18	—	$12,426
Aug 1995	1,114	2,154	15.92	—	$17,735
Jul 1995	929	1,583	15.24	—	$14,158
Jun 1995	948	1,748	16.41	—	$15,557
May 1995	1,133	1,809	17.56	—	$19,895
Apr 1995	1,288	1,823	17.73	—	$22,836
Mar 1995	1,087	1,851	16.44	—	$17,870
Feb 1995	823	1,104	16.58	—	$13,645
Jan 1995	1,086	1,775	15.92	—	$17,289
Dec 1994	1,883	4,043	15.03	—	$28,301
Nov 1994	1,262	1,187	15.90	—	$20,066
Oct 1994	318	75	15.58	—	$4,954
Sep 1994	4,432	7,146	15.29	—	$67,765
Aug 1994	10,351	7,785	16.13	—	$166,962
Jul 1994	17,222	9,069	17.56	—	$302,418
Jun 1994	4,582	2,593	17.09	—	$78,306
May 1994	169	140	15.88	—	$2,684
Apr 1994	0	164	14.14	—	$0
Mar 1994	169	211	12.46	—	$2,106
Feb 1994	1	203	12.50	—	$13
Jan 1994	180	224	12.66	—	$2,279
Dec 1993	0	206	12.33	—	$0
Nov 1993	154	216	14.49	—	$2,231
Oct 1993	0	245	15.85	—	$0
Sep 1993	157	227	15.03	—	$2,360
Aug 1993	179	226	15.66	—	$2,803
Jul 1993	1	184	15.46	—	$15
Jun 1993	183	231	16.79	—	$3,073
May 1993	179	240	17.68	—	$3,165
Apr 1993	1	189	18.05	—	$18
Mar 1993	1	124	18.14	—	$18
Feb 1993	177	202	17.90	—	$3,168
Jan 1993	180	256	16.93	—	$3,047

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 2011 — as filed, then multipliedworked

Oil                   87 bbl  × $ 96.36 =     $8,383
Casinghead gas         0 Mcf  × $  4.06 =         $0

────────────────────────────────────────────────────
Month total                                   $8,383

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/17863 is the state's own key, not one this site invented.