WILLAMS OL UNIT

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

Operated by RME PETROLEUM COMPANY (P-5 714229) 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 22001District 03Field 34733500OilCasinghead gasSave Export

Value, all time

$3.1 M

Mar 1993 – Jul 2002

Value, last 12 filed months

$46 k

at the published price for each month

Months reported

113

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”

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	163,804 bbl	$2,800,915
Casinghead gas	Production	421,981 Mcf	$333,824
Total			$3,134,740

297,311 Mcf of this lease's gas, across 46 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 29.8461, -96.9125. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.84607, -96.91254 · 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

14,502 ft

1 wells filed one

Completion to plug

9.3 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 14,502 ft.

Completions filed

Mar 1993

1 of 1 wells

Plug dates filed

Jun 2002

1 of 1 wells

Last completion to plug: a median of 9.3 years across the 1 well that filed both dates, with the middle half between 9.3 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-14932722	1	14,502 ft	Mar 1993	Jun 2002	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 (113)

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

113 months


Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	74	0	23.65	3.51	$1,750
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	263	18.22	2.38	$625
Jan 2002	181	263	17.17	2.38	$3,733
Dec 2001	359	836	16.93	2.36	$8,055
Nov 2001	176	703	18.07	2.41	$4,871
Oct 2001	363	769	19.78	2.53	$9,125
Sep 2001	360	814	24.26	2.25	$10,566
Aug 2001	180	909	24.87	3.05	$7,252
Jul 2001	347	953	23.93	3.20	$11,351
Jun 2001	180	820	24.56	3.82	$7,557
May 2001	355	783	25.52	4.31	$12,432
Apr 2001	181	836	24.68	5.34	$8,927
Mar 2001	350	897	24.54	5.38	$13,412
Feb 2001	363	782	27.75	5.77	$14,583
Jan 2001	538	946	27.47	8.40	$22,724
Dec 2000	179	930	26.88	9.12	$13,295
Nov 2000	181	924	32.21	5.66	$11,058
Oct 2000	360	1,119	31.23	5.15	$17,001
Sep 2000	358	155	31.87	5.19	$12,213
Aug 2000	534	44	29.64	4.54	$16,028
Jul 2000	175	560	28.53	4.09	$7,283
Jun 2000	355	983	29.30	4.40	$14,724
May 2000	357	1,065	27.26	3.68	$13,651
Apr 2000	535	1,062	24.51	3.12	$16,422
Mar 2000	179	1,128	28.42	2.86	$8,313
Feb 2000	364	1,191	27.62	2.73	$13,301
Jan 2000	363	1,239	25.27	2.48	$12,246
Dec 1999	716	1,253	24.28	2.42	$20,421
Nov 1999	180	1,311	23.19	2.43	$7,365
Oct 1999	358	1,495	20.98	2.80	$11,702
Sep 1999	358	1,493	21.75	2.62	$11,696
Aug 1999	711	1,722	19.26	2.88	$18,646
Jul 1999	536	1,831	17.89	2.37	$13,933
Jun 1999	356	1,700	15.94	2.36	$9,690
May 1999	542	2,181	15.79	2.32	$13,620
Apr 1999	710	2,297	15.10	2.21	$15,793
Mar 1999	355	1,966	12.47	1.84	$8,041
Feb 1999	722	2,280	9.98	1.82	$11,350
Jan 1999	1,082	2,609	10.38	1.90	$16,188
Dec 1998	0	226	9.20	1.77	$401
Nov 1998	1	88	10.89	2.19	$203
Oct 1998	372	1,661	12.42	1.97	$7,891
Sep 1998	711	1,916	12.59	2.08	$12,942
Aug 1998	361	2,420	11.30	1.91	$8,695
Jul 1998	702	2,625	11.74	2.24	$14,114
Jun 1998	539	2,601	11.24	2.24	$11,878
May 1998	695	2,961	12.62	2.21	$15,304
Apr 1998	719	2,548	13.04	2.51	$15,759
Mar 1998	714	2,755	12.80	2.31	$15,502
Feb 1998	722	2,610	13.95	2.30	$16,073
Jan 1998	719	2,869	14.70	2.15	$16,751
Dec 1997	724	3,302	16.32	2.41	$19,777
Nov 1997	722	2,850	18.19	3.09	$21,935
Oct 1997	357	3,103	19.25	3.15	$16,646
Sep 1997	723	3,007	17.74	2.95	$21,711
Aug 1997	719	2,814	17.86	2.55	$20,030
Jul 1997	892	4,488	17.58	2.25	$25,766
Jun 1997	703	5,212	17.24	2.26	$23,884
May 1997	1,285	5,870	18.97	2.31	$37,927
Apr 1997	1,087	6,112	17.88	2.08	$32,166
Mar 1997	1,256	6,496	18.95	1.94	$36,398
Feb 1997	1,273	6,262	20.49	2.21	$39,897
Jan 1997	1,645	6,762	23.48	3.54	$62,560
Dec 1996	1,675	6,472	23.32	—	$39,061
Nov 1996	1,818	6,398	21.97	—	$39,941
Oct 1996	2,734	10,394	23.31	—	$63,730
Sep 1996	2,892	5,857	22.22	—	$64,260
Aug 1996	0	696	20.26	—	$0
Jul 1996	545	1,823	19.55	—	$10,655
Jun 1996	744	2,144	18.73	—	$13,935
May 1996	742	2,411	19.43	—	$14,417
Apr 1996	746	2,200	21.51	—	$16,046
Mar 1996	549	2,468	19.38	—	$10,640
Feb 1996	925	2,483	16.98	—	$15,707
Jan 1996	719	2,828	17.07	—	$12,273
Dec 1995	922	3,195	17.19	—	$15,849
Nov 1995	1,325	3,931	16.00	—	$21,200
Oct 1995	1,119	2,588	15.43	—	$17,266
Sep 1995	744	1,656	16.18	—	$12,038
Aug 1995	942	2,134	15.92	—	$14,997
Jul 1995	904	2,709	15.24	—	$13,777
Jun 1995	1,260	2,834	16.41	—	$20,677
May 1995	909	2,823	17.56	—	$15,962
Apr 1995	750	2,661	17.73	—	$13,298
Mar 1995	1,276	3,190	16.44	—	$20,977
Feb 1995	1,120	3,094	16.58	—	$18,570
Jan 1995	1,289	3,175	15.92	—	$20,521
Dec 1994	1,477	3,581	15.03	—	$22,199
Nov 1994	1,285	4,312	15.90	—	$20,432
Oct 1994	1,675	3,706	15.58	—	$26,097
Sep 1994	1,819	4,955	15.29	—	$27,813
Aug 1994	2,174	5,251	16.13	—	$35,067
Jul 1994	3,051	6,904	17.56	—	$53,576
Jun 1994	1,997	4,828	17.09	—	$34,129
May 1994	2,387	5,499	15.88	—	$37,906
Apr 1994	3,266	12,962	14.14	—	$46,181
Mar 1994	5,113	15,463	12.46	—	$63,708
Feb 1994	6,309	5,599	12.50	—	$78,863
Jan 1994	1,639	4,713	12.66	—	$20,750
Dec 1993	3,248	9,068	12.33	—	$40,048
Nov 1993	3,259	7,419	14.49	—	$47,223
Oct 1993	3,401	8,982	15.85	—	$53,906
Sep 1993	4,120	9,706	15.03	—	$61,924
Aug 1993	5,357	12,279	15.66	—	$83,891
Jul 1993	5,934	14,010	15.46	—	$91,740
Jun 1993	9,090	22,521	16.79	—	$152,621
May 1993	17,588	34,658	17.68	—	$310,956
Apr 1993	18,627	20,730	18.05	—	$336,217
Mar 1993	2,125	1	18.14	—	$38,548

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 2002 — as filed, then multipliedworked

Oil                   74 bbl  × $ 23.65 =     $1,750
Casinghead gas         0 Mcf  × $  3.51 =         $0

────────────────────────────────────────────────────
Month total                                   $1,750

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/22001 is the state's own key, not one this site invented.