WEEMS ESTATE

Operated by SHOREHAM OIL & GAS COMPANY, INC. (P-5 778499) in the MILLICAN DOME field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23124District 03Field 61616001OilCasinghead gasSaveExport
Value, all time
$22 k
Dec 1996 – Apr 2002
Value, last 12 filed months
$718
at the published price for each month
Months reported
65
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 other leases, and the rule below applies to all of them.

Discovered
1969-03-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
0 ft
minimum

A drilling unit in this field needs at least 0 acres.

The Commission's schedule remark for this field reads: THIS IS A PIERCEMENT TYPE SALT DOME.

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
OilDisposition639 bbl$11,135
Casinghead gasProduction4,553 Mcf$10,702
Total$21,837

200 Mcf of this lease's gas, across 1 month, 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 30.4872, -96.2290. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.48717, -96.22896 · 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
2,900 ft
1 wells filed one
Completion to plug
15.6 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 2,900 ft.

Completions filed
Feb 1986
1 of 1 wells
Plug dates filed
Sep 2001
1 of 1 wells

Last completion to plug: a median of 15.6 years across the 1 well that filed both dates, with the middle half between 15.6 years and 15.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-04130034202,900 ftFeb 1986Sep 2001Yes

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 (65)

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

65 months

Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 200130023.933.20$718
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 200010024.513.12$245
Mar 200015028.422.86$426
Feb 20000027.622.73$0
Jan 200018025.272.48$455
Dec 199919024.282.42$461
Nov 199918023.192.43$417
Oct 199929020.982.80$608
Sep 199916021.752.62$348
Aug 199929019.262.88$559
Jul 199947017.892.37$841
Jun 199914015.942.36$223
May 199917015.792.32$268
Apr 199915015.102.21$227
Mar 199918012.471.84$224
Feb 19991709.981.82$170
Jan 199917010.381.90$176
Dec 1998009.201.77$0
Nov 199815010.892.19$163
Oct 199817012.421.97$211
Sep 199814012.592.08$176
Aug 199817011.301.91$192
Jul 19981723011.742.24$714
Jun 19981523011.242.24$683
May 1998023012.622.21$507
Apr 19983023013.042.51$967
Mar 1998023012.802.31$531
Feb 19982823013.952.30$919
Jan 1998023014.702.15$496
Dec 19972023016.322.41$881
Nov 19971523018.193.09$983
Oct 19972923019.253.15$1,283
Sep 19971423017.742.95$928
Aug 1997923017.862.55$748
Jul 1997023017.582.25$517
Jun 19971423017.242.26$761
May 19971223318.972.31$766
Apr 19971522517.882.08$737
Mar 19971523018.951.94$730
Feb 19971421520.492.21$761
Jan 1997023023.483.54$814
Dec 1996020023.32$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.

Jul 2001 — as filed, then multipliedworked
Oil                   30 bbl  × $ 23.93 =       $718
Casinghead gas         0 Mcf  × $  3.20 =         $0

────────────────────────────────────────────────────
Month total                                     $718

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/23124 is the state's own key, not one this site invented.