WALTHERS

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 18440District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.6 M
Jan 1993 – May 2021
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
341
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
OilDisposition48,832 bbl$1,887,219
Casinghead gasProduction811,777 Mcf$2,710,534
Total$4,597,753

186,340 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 30.1687, -96.9639. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.16873, -96.96391 · 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
8,199 ft
1 wells filed one
Completion to plug
35.8 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 8,199 ft.

Completions filed
Mar 1985
1 of 1 wells
Plug dates filed
Jan 2021
1 of 1 wells

Last completion to plug: a median of 35.8 years across the 1 well that filed both dates, with the middle half between 35.8 years and 35.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2873170518,199 ftMar 1985Jan 2021Yes

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 (341)

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

341 months

May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202032044.642.68$1,428
Nov 20200038.772.71$0
Oct 2020162036.972.48$5,989
Sep 202002437.091.99$48
Aug 2020333539.982.39$919
Jul 202011,09138.371.83$2,030
Jun 202041,06734.901.69$1,943
May 2020071216.921.81$1,292
Apr 202019288114.751.80$4,422
Mar 2020190830.341.86$1,716
Feb 2020288249.881.98$1,847
Jan 202018799757.252.09$12,794
Dec 2019299059.012.30$2,399
Nov 20191871,00055.302.75$13,092
Oct 201911,06153.472.42$2,620
Sep 20191791,10055.052.66$12,777
Aug 201931,18953.112.30$2,899
Jul 201931,14256.272.46$2,978
Jun 201917885252.782.49$11,517
May 2019189758.482.74$2,517
Apr 20191851,09262.632.75$14,590
Mar 201921,01256.803.06$3,212
Feb 20191781,07650.852.79$12,056
Jan 20191831,27846.033.23$12,549
Dec 201811,39446.594.19$5,881
Nov 20181771,28452.934.24$14,809
Oct 201831,19061.443.40$4,228
Sep 2018181959.543.11$2,605
Aug 2018066059.403.07$2,024
Jul 201801,08865.142.93$3,190
Jun 201811,08960.183.08$3,411
May 20181881,19665.382.90$15,761
Apr 2018395463.842.90$2,959
Mar 2018195461.222.79$2,720
Feb 2018175261.782.77$2,142
Jan 201817349262.874.01$12,849
Dec 2017343557.272.92$1,443
Nov 2017229355.423.12$1,025
Oct 2017213849.292.98$510
Sep 2017140347.523.09$1,292
Aug 201717781745.373.00$10,485
Jul 2017088543.873.09$2,732
Jun 20171811,14942.493.09$11,238
May 201721,29845.373.26$4,327
Apr 20171841,01847.933.21$12,089
Mar 201711,03546.772.98$3,135
Feb 20171781,00650.452.95$11,950
Jan 201721,08949.413.42$3,822
Dec 20161731,02048.763.72$12,233
Nov 201617290642.492.64$9,704
Oct 2016189746.193.09$2,818
Sep 201617696841.553.10$10,314
Aug 2016188741.442.92$2,635
Jul 20161781,09041.622.92$10,596
Jun 201611,02045.352.69$2,785
May 20161081,14342.521.99$6,868
Apr 201611,15636.561.99$2,338
Mar 20161811,18533.011.79$8,101
Feb 201611,02926.472.06$2,150
Jan 201601,14527.352.36$2,707
Dec 20151821,29532.362.00$8,481
Nov 201511,19838.792.17$2,635
Oct 20151801,32743.552.43$11,059
Sep 201501,28742.992.76$3,550
Aug 20151801,31640.162.87$11,009
Jul 20153671,20548.152.95$21,220
Jun 20153491,20456.152.88$23,067
May 20151631,17455.212.96$12,469
Apr 201521,18449.822.71$3,304
Mar 20151671,15842.892.93$10,561
Feb 20151821,03844.662.98$11,217
Jan 201521,16443.433.10$3,696
Dec 2014911,23854.693.59$9,423
Nov 20141761,20970.464.25$17,541
Oct 20141801,30378.303.90$19,177
Sep 201401,32586.164.05$5,360
Aug 20141821,40589.394.04$21,938
Jul 20141731,45596.564.18$22,786
Jun 20141821,31298.164.74$24,080
May 201411,37994.734.73$6,613
Apr 20141791,35195.944.81$23,670
Mar 201421,13995.895.06$5,951
Feb 20141861,24197.406.19$25,801
Jan 201411,19890.404.86$5,914
Dec 20131751,16291.824.35$21,128
Nov 20131861,19288.853.74$20,982
Oct 201301,29297.423.78$4,883
Sep 20131751,240104.113.72$22,829
Aug 201311,242104.253.52$4,479
Jul 20131841,422102.523.72$24,150
Jun 201311,40194.403.93$5,605
May 20131771,46394.834.15$22,855
Apr 2013181493.964.28$3,580
Mar 20131851,09193.623.91$21,589
Feb 20131881,24491.233.42$21,406
Jan 201311,44291.603.42$5,023
Dec 20121721,49286.773.42$20,027
Nov 201211,44886.953.62$5,336
Oct 20121851,50189.383.40$21,638
Sep 201211,48394.672.92$4,423
Aug 20123601,59492.662.91$37,993
Jul 20121851,64285.133.02$20,709
Jun 20121811,60579.822.52$18,490
May 201221,40191.612.49$3,669
Apr 20121863101.652.00$1,825
Mar 20121861,240105.052.22$22,295
Feb 201231,404101.102.57$3,912
Jan 20121771,50198.092.73$21,466
Dec 20111851,47096.873.24$22,683
Nov 201101,55895.723.31$5,159
Oct 20111801,72384.983.65$21,583
Sep 201111,64483.623.99$6,636
Aug 20111791,80283.404.15$22,406
Jul 20111811,82894.144.52$25,297
Jun 201121,78592.904.64$8,468
May 20111811,84798.134.40$25,897
Apr 201121,488105.964.33$6,660
Mar 20111871,56896.364.06$24,381
Feb 201111,58985.644.18$6,728
Jan 20111821,76486.504.59$23,838
Dec 201021,72685.734.35$7,676
Nov 201001,59180.843.80$6,038
Oct 20101831,65478.103.51$20,096
Sep 201001,62472.633.98$6,463
Aug 201021,82173.684.42$8,195
Jul 20101791,84072.554.74$21,702
Jun 20101811,53570.364.91$20,273
May 201001,36871.124.24$5,794
Apr 201001,11281.694.12$4,584
Mar 20101851,41378.394.39$20,703
Feb 201011,49173.585.44$8,188
Jan 201011,69374.365.96$10,172
Dec 20091881,80171.445.48$23,307
Nov 200911,80374.593.75$6,839
Oct 20091781,92372.544.11$20,816
Sep 20091851,96365.543.06$18,141
Aug 200902,04067.423.22$6,566
Jul 200922,08061.133.46$7,328
Jun 20091822,09566.163.90$20,201
May 20091852,16354.743.93$18,618
Apr 200932,06046.773.59$7,531
Mar 20091791,83542.144.06$14,991
Feb 200911,39832.814.63$6,510
Jan 20091871,61535.865.37$15,380
Dec 200801,95037.105.98$11,655
Nov 20081842,03255.496.86$24,150
Oct 200811,83375.246.92$12,763
Sep 20081801,264101.767.88$28,273
Aug 200801,398114.228.48$11,859
Jul 200801,401131.0811.39$15,957
Jun 20081871,492131.3313.03$44,003
May 200811,686123.1711.57$19,637
Apr 20081891,558110.3110.45$37,137
Mar 200801,269101.909.66$12,264
Feb 200811,60592.538.77$14,169
Jan 20081891,41490.388.21$28,685
Dec 200701,38788.337.30$10,128
Nov 200711,77391.677.29$13,020
Oct 20071821,90482.856.92$28,258
Sep 200722,23375.846.24$14,095
Aug 20071832,31369.066.39$27,413
Jul 20071812,28670.906.39$27,436
Jun 200712,22462.007.55$16,850
May 20071882,20358.747.85$28,328
Apr 200732,12959.617.81$16,796
Mar 20071822,33256.927.30$27,388
Feb 20071871,97355.108.22$26,514
Jan 20071822,17350.306.73$23,772
Dec 20063632,29856.656.92$36,463
Nov 200612,11354.207.62$16,150
Oct 20065292,24654.906.01$42,549
Sep 200621,60360.085.04$8,195
Aug 200601,58968.717.34$11,663
Jul 20061791,72069.376.34$23,327
Jun 20061862,19866.286.38$26,360
May 200612,47866.016.42$15,987
Apr 200612,60264.397.36$19,216
Mar 20061852,45056.707.08$27,843
Feb 200602,25257.597.75$17,456
Jan 200602,54360.598.93$22,717
Dec 20051792,36354.9413.42$41,535
Nov 200512,29154.6910.59$24,313
Oct 20051822,33458.3413.80$42,817
Sep 20053552,15261.4512.08$47,809
Aug 200502,09061.519.80$20,475
Jul 20051832,85255.697.84$32,561
Jun 20051863,13052.337.38$32,836
May 20051903,16245.226.65$29,623
Apr 200513,01849.207.36$22,263
Mar 20053763,03950.377.15$40,683
Feb 200532,71145.226.31$17,247
Jan 20051832,95343.166.32$26,568
Dec 20041912,95839.866.75$27,583
Nov 20041832,79245.286.33$25,961
Oct 20041793,09949.706.52$29,087
Sep 20043612,36843.245.28$28,122
Aug 200403,28442.375.55$18,228
Jul 20041853,29838.286.08$27,147
Jun 20041813,25736.106.43$27,486
May 20043613,17637.486.49$34,157
Apr 20041853,27234.475.86$25,546
Mar 20041923,50034.365.53$25,953
Feb 20041833,19432.455.51$23,536
Jan 20041843,18532.036.30$25,958
Dec 20031882,71430.266.30$22,792
Nov 200361,94828.804.60$9,124
Oct 200342,60128.174.76$12,493
Sep 20031913,03126.314.75$19,421
Aug 20031933,03429.765.13$21,307
Jul 200302,97929.415.17$15,404
Jun 20031922,97028.565.98$23,253
May 20031943,14026.595.97$23,913
Apr 200313,00226.675.41$16,259
Mar 20031773,18131.146.10$24,903
Feb 20031972,87133.487.93$29,351
Jan 20031983,34330.315.58$24,662
Dec 20021973,85126.914.85$23,993
Nov 20023883,68024.664.14$24,792
Oct 20021943,55426.464.23$20,164
Sep 20021941,67027.443.64$11,394
Aug 200212,30225.963.16$7,310
Jul 200202,62924.583.06$8,049
Jun 20021942,82423.733.34$14,031
May 200213,23924.663.58$11,633
Apr 20021932,93923.653.51$14,887
Mar 20021973,07022.003.10$13,859
Feb 200212,81718.222.38$6,711
Jan 20021943,05417.172.38$10,586
Dec 20011952,92016.932.36$10,205
Nov 200102,98118.072.41$7,171
Oct 20011933,15919.782.53$11,806
Sep 200113,15724.262.25$7,132
Aug 20011823,34424.873.05$14,736
Jul 20011893,35023.933.20$15,233
Jun 20011923,26524.563.82$17,201
May 200103,37225.524.31$14,524
Apr 20011953,30524.685.34$22,446
Mar 20011903,48724.545.38$23,410
Feb 20011913,19127.755.77$23,703
Jan 2001223,55327.478.40$30,445
Dec 20002023,61826.889.12$38,435
Nov 20002033,55832.215.66$26,670
Oct 20001973,70431.235.15$25,211
Sep 20001873,60731.875.19$24,667
Aug 200003,83929.644.54$17,432
Jul 20001874,00428.534.09$21,710
Jun 20001923,88529.304.40$22,709
May 20001934,19927.263.68$20,712
Apr 20001924,29624.513.12$18,092
Mar 20001894,46428.422.86$18,137
Feb 20001924,27627.622.73$16,962
Jan 20001934,59025.272.48$16,263
Dec 19991954,42724.282.42$15,464
Nov 19991854,41723.192.43$15,041
Oct 19991844,53520.982.80$16,575
Sep 19991904,51721.752.62$15,962
Aug 19992014,52319.262.88$16,878
Jul 19991984,63617.892.37$14,541
Jun 19991954,33715.942.36$13,353
May 19993764,34215.792.32$16,015
Apr 19991893,79615.102.21$11,236
Mar 19993773,40712.471.84$10,964
Feb 199902,6599.981.82$4,834
Jan 199902,80410.381.90$5,327
Dec 19981882,9219.201.77$6,909
Nov 199802,92310.892.19$6,389
Oct 19983793,12912.421.97$10,869
Sep 199803,27912.592.08$6,829
Aug 19981853,51911.301.91$8,802
Jul 19981853,53311.742.24$10,076
Jun 19981883,43411.242.24$9,796
May 19981854,11412.622.21$11,412
Apr 19983713,88613.042.51$14,574
Mar 19981854,47512.802.31$12,703
Feb 19983194,09713.952.30$13,870
Jan 19981844,17014.702.15$11,690
Dec 19974594,55316.322.41$18,469
Nov 19971864,80518.193.09$18,222
Oct 19971914,93319.253.15$19,215
Sep 19971884,87717.742.95$17,746
Aug 19971864,94817.862.55$15,963
Jul 19971935,33317.582.25$15,376
Jun 19971845,12817.242.26$14,747
May 19971884,91118.972.31$14,903
Apr 19971895,00517.882.08$13,804
Mar 19972995,59118.951.94$16,508
Feb 19975844,74920.492.21$22,442
Jan 19971,1524,29123.483.54$42,238
Dec 19961,1603,76223.32$27,051
Nov 19963893,49521.97$8,546
Oct 199623,87923.31$47
Sep 19961083,41722.22$2,400
Aug 19961033,58420.26$2,087
Jul 199603,06219.55$0
Jun 199604,02618.73$0
May 1996804,39119.43$1,554
Apr 19961934,29021.51$4,151
Mar 19963824,47119.38$7,403
Feb 19961894,33716.98$3,209
Jan 19965714,47017.07$9,747
Dec 19951853,50017.19$3,180
Nov 199513,43416.00$16
Oct 19951943,15615.43$2,993
Sep 19951883,10616.18$3,042
Aug 19951092,34015.92$1,735
Jul 19951793,11615.24$2,728
Jun 19955713,14416.41$9,370
May 19951852,93017.56$3,249
Apr 19951842,66317.73$3,262
Mar 19953992,80316.44$6,560
Feb 19959353,46916.58$15,502
Jan 19951922,93915.92$3,057
Dec 199442,36715.03$60
Nov 19941381,23215.90$2,194
Oct 199441,68915.58$62
Sep 19941862,71115.29$2,844
Aug 19941884,39016.13$3,032
Jul 199404,42417.56$0
Jun 19942844,45917.09$4,854
May 19944144,45215.88$6,574
Apr 19941763,91714.14$2,489
Mar 199404,35512.46$0
Feb 19941813,98012.50$2,263
Jan 199404,73812.66$0
Dec 19932855,11712.33$3,514
Nov 19931804,55714.49$2,608
Oct 19931784,54515.85$2,821
Sep 199304,58215.03$0
Aug 19931,0435,14915.66$16,333
Jul 19933503,98215.46$5,411
Jun 19933695,15716.79$6,196
May 19933655,63817.68$6,453
Apr 19931944,79418.05$3,502
Mar 19935655,43718.14$10,249
Feb 19933905,58317.90$6,981
Jan 19931915,30116.93$3,234

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 2020 — as filed, then multipliedworked
Oil                   32 bbl  × $ 44.64 =     $1,428
Casinghead gas         0 Mcf  × $  2.68 =         $0

────────────────────────────────────────────────────
Month total                                   $1,428

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/18440 is the state's own key, not one this site invented.