WELCH FOUNDATION

Operated by JAY MANAGEMENT COMPANY, LLC (P-5 430368) in the ESPERSON DOME (VICKSBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23221District 03Field 29375400OilCasinghead gasSaveExport
Value, all time
$18.5 M
May 1997 – May 2026
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
349
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 18 leases and 36 wells, and the rule below applies to all of them.

Discovered
1938-12-31
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: AOF-1 AND AOF-2 EFFECTIVE 02/01/2001.

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
OilDisposition576,351 bbl$17,536,891
Casinghead gasProduction248,093 Mcf$1,006,953
Total$18,543,843

Wells on this lease (3)

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 29.9522, -94.9575. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

29.95244, -94.95766 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
5,475 ft
3 wells filed one
Completion to plug
18.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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

Between 5,317 and 5,588 ft, median 5,475 ft, over the 3 wells that filed a depth.

Completions filed
May 1997 – Sep 2001
3 of 3 wells
Plug dates filed
May 2020
1 of 3 wells; 2 filed none

Last completion to plug: a median of 18.7 years across the 1 well that filed both dates, with the middle half between 18.7 years and 18.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-29132400S 305,317 ftSep 2001May 2020Yes
42-29132346S 275,588 ftMar 2000
42-29132274S 95,475 ftMay 1997

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 (349)

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

349 months

May 202635155106.413.05$4,196
Apr 20269214598.932.87$9,518
Mar 2026015589.753.15$488
Feb 2026015063.503.75$563
Jan 202605059.138.00$400
Dec 2025015156.664.41$666
Nov 202508558.593.93$334
Oct 202507559.383.30$248
Sep 2025100062.743.08$6,274
Aug 20250063.933.01$0
Jul 2025120066.743.32$8,009
Jun 20250066.483.13$0
May 20258015560.553.23$5,345
Apr 2025053462.363.54$1,892
Mar 2025075667.704.27$3,227
Feb 202510037470.884.34$8,711
Jan 20255051874.324.28$5,932
Dec 202401,22868.993.12$3,833
Nov 2024062169.052.20$1,365
Oct 2024901,06671.372.28$8,855
Sep 202410995169.612.36$9,836
Aug 202401,22275.632.06$2,522
Jul 2024098679.932.15$2,117
Jun 2024971,27178.082.63$10,922
May 202401,64278.812.20$3,610
Apr 20241021,90384.451.66$11,771
Mar 20241091,87780.301.55$11,653
Feb 20242051,60276.091.78$18,456
Jan 20241102,00473.023.30$14,641
Dec 20232162,46571.262.61$21,828
Nov 20233052,31177.892.81$30,245
Oct 20232141,98185.443.09$24,400
Sep 20232102,33489.042.74$25,082
Aug 20233151,58280.522.67$29,592
Jul 20232252,54974.852.64$23,575
Jun 20232292,35568.962.26$21,111
May 20235072,95370.622.23$42,382
Apr 20232854,84278.122.24$33,099
Mar 20234084,43572.852.39$40,336
Feb 20234191,61475.112.47$35,451
Jan 2023092276.533.39$3,123
Dec 20220076.415.73$0
Nov 202213742085.005.65$14,016
Oct 20227888987.185.86$12,013
Sep 202201,70284.888.16$13,895
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
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 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 201803761.782.77$102
Jan 201805362.874.01$212
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160448.763.72$15
Nov 201602342.492.64$61
Oct 201602346.193.09$71
Sep 201607141.553.10$220
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20164045.352.69$181
May 20165042.521.99$213
Apr 201620236.561.99$735
Mar 20161728433.011.79$5,828
Feb 201622026.472.06$582
Jan 20161134827.352.36$3,204
Dec 20151738332.362.00$5,764
Nov 20151704938.792.17$6,701
Oct 20151714143.552.43$7,547
Sep 20151996642.992.76$8,737
Aug 20151674640.162.87$6,839
Jul 20151411948.152.95$6,845
Jun 2015781456.152.88$4,420
May 2015912555.212.96$5,098
Apr 20152191449.822.71$10,948
Mar 20151433442.892.93$6,233
Feb 20151404644.662.98$6,389
Jan 20151405343.433.10$6,245
Dec 201417424154.693.59$10,382
Nov 20141309870.464.25$9,576
Oct 20141584078.303.90$12,527
Sep 2014152086.164.05$13,096
Aug 20141201689.394.04$10,791
Jul 20141532996.564.18$14,895
Jun 2014842498.164.74$8,359
May 20141062994.734.73$10,178
Apr 20141673595.944.81$16,190
Mar 201410613295.895.06$10,832
Feb 201434897.406.19$3,361
Jan 20141142890.404.86$10,442
Dec 201316010491.824.35$15,144
Nov 20132268488.853.74$20,394
Oct 201322329097.423.78$22,821
Sep 2013232187104.113.72$24,849
Aug 2013202128104.253.52$21,509
Jul 2013217137102.523.72$22,756
Jun 201325629994.403.93$25,342
May 201337542294.834.15$37,312
Apr 201319148793.964.28$20,032
Mar 201341639693.623.91$40,495
Feb 201331134891.233.42$29,563
Jan 201326416991.603.42$24,760
Dec 201229414086.773.42$25,989
Nov 20123452586.953.62$30,088
Oct 201234423689.383.40$31,549
Sep 201248560494.672.92$47,678
Aug 201246828592.662.91$44,194
Jul 201238263285.133.02$34,429
Jun 201254662879.822.52$45,164
May 201239970691.612.49$38,309
Apr 20124941,130101.652.00$52,471
Mar 2012424801105.052.22$46,321
Feb 2012424986101.102.57$45,401
Jan 20124241,10698.092.73$44,614
Dec 20114921,31996.873.24$51,933
Nov 20113711,28795.723.31$39,774
Oct 20116021,11284.983.65$55,215
Sep 20114431,53483.623.99$43,158
Aug 20114311,42183.404.15$41,842
Jul 20113981,32894.144.52$43,467
Jun 20114641,32192.904.64$49,235
May 20115581,03698.134.40$59,320
Apr 20113101,321105.964.33$38,572
Mar 201163599996.364.06$65,242
Feb 201149684585.644.18$46,010
Jan 201152377786.504.59$48,805
Dec 201041375085.734.35$38,667
Nov 20103805780.843.80$30,936
Oct 20105804378.103.51$45,449
Sep 20104003772.633.98$29,199
Aug 20102553773.684.42$18,952
Jul 2010363972.554.74$2,797
Jun 2010361270.364.91$2,592
May 2010381371.124.24$2,758
Apr 2010471681.694.12$3,905
Mar 2010481778.394.39$3,837
Feb 2010371473.585.44$2,799
Jan 2010284174.365.96$2,327
Dec 2009803771.445.48$5,918
Nov 200930517474.593.75$23,403
Oct 200933912972.544.11$25,121
Sep 200939010365.543.06$25,876
Aug 20093707967.423.22$25,200
Jul 200942917261.133.46$26,821
Jun 20095536866.163.90$36,851
May 200952411654.743.93$29,139
Apr 200952323246.773.59$25,293
Mar 200961833542.144.06$27,402
Feb 200959127332.814.63$20,656
Jan 200964738535.865.37$25,269
Dec 200877035637.105.98$30,695
Nov 200885633555.496.86$49,798
Oct 200881329775.246.92$63,226
Sep 2008601164101.767.88$62,450
Aug 2008817382114.228.48$96,558
Jul 2008835419131.0811.39$114,224
Jun 2008706419131.3313.03$98,180
May 2008877409123.1711.57$112,754
Apr 2008866405110.3110.45$99,763
Mar 2008842426101.909.66$89,917
Feb 200869745692.538.77$68,493
Jan 200871842690.388.21$68,388
Dec 200765746088.337.30$61,392
Nov 200778277891.677.29$77,359
Oct 200772755982.856.92$64,101
Sep 200784156775.846.24$67,322
Aug 200771856269.066.39$53,175
Jul 200789459370.906.39$67,173
Jun 200789659462.007.55$60,036
May 20071,12563758.747.85$71,081
Apr 20071,06467659.617.81$68,701
Mar 20071,09068056.927.30$67,008
Feb 200798056555.108.22$58,640
Jan 20071,06363150.306.73$57,714
Dec 20061,01959356.656.92$61,829
Nov 20061,01058854.207.62$59,221
Oct 20061,10660754.906.01$64,370
Sep 20061,11492360.085.04$71,578
Aug 20061,2421,04168.717.34$92,979
Jul 20061,26271769.376.34$92,093
Jun 20061,26479166.286.38$88,828
May 20061,31671666.016.42$91,469
Apr 20061,3531,06764.397.36$94,973
Mar 20061,4751,20156.707.08$92,139
Feb 20061,5361,40157.597.75$99,318
Jan 20061,7301,73360.598.93$120,302
Dec 20052,0682,06554.9413.42$141,319
Nov 20051,9851,85354.6910.59$128,180
Oct 20052,01490158.3413.80$129,927
Sep 20051,59297361.4512.08$109,581
Aug 20052,1511,10961.519.80$143,173
Jul 20052,7511,85555.697.84$167,753
Jun 20052,7361,27552.337.38$152,586
May 20052,9041,02045.226.65$138,103
Apr 20053,08952049.207.36$155,806
Mar 20052,70629150.377.15$138,383
Feb 20052,37539545.226.31$109,891
Jan 20053,19958643.166.32$141,774
Dec 20043,62361139.866.75$148,538
Nov 20043,58958345.286.33$166,201
Oct 20043,72659849.706.52$189,078
Sep 20043,59154943.245.28$158,176
Aug 20043,54861342.375.55$153,731
Jul 20043,81261838.286.08$149,683
Jun 20043,60961436.106.43$134,235
May 20044,06570337.486.49$156,922
Apr 20043,97773534.475.86$141,393
Mar 20044,28864934.365.53$150,925
Feb 20044,09266632.455.51$136,455
Jan 20044,33465332.036.30$142,932
Dec 20034,00966730.266.30$125,516
Nov 20034,09863528.804.60$120,940
Oct 20034,08073828.174.76$118,446
Sep 20033,93365626.314.75$106,593
Aug 20034,14972829.765.13$127,209
Jul 20034,26774429.415.17$129,340
Jun 20033,56259528.565.98$105,291
May 20034,03168526.595.97$111,276
Apr 20033,79968626.675.41$105,029
Mar 20034,05076631.146.10$130,787
Feb 20033,81954933.487.93$132,211
Jan 20034,24963830.315.58$132,349
Dec 20023,51466226.914.85$97,775
Nov 20023,44570224.664.14$87,858
Oct 20023,51566526.464.23$95,819
Sep 20023,83578327.443.64$108,079
Aug 20024,0401,04325.963.16$108,179
Jul 20024,0641,06224.583.06$103,145
Jun 20024,8041,31423.733.34$118,385
May 20025,8261,38724.663.58$148,640
Apr 20024,65782223.653.51$113,025
Mar 20025,4271,32022.003.10$123,490
Feb 20025,2421,76718.222.38$99,707
Jan 20025,5432,16017.172.38$100,305
Dec 20015,5071,98416.932.36$97,924
Nov 20015,5732,02318.072.41$105,570
Oct 20016,2472,44819.782.53$129,756
Sep 20016,1143,86724.262.25$157,031
Aug 20014,9561,49924.873.05$127,832
Jul 20015,2341,43323.933.20$129,831
Jun 20015,1251,44624.563.82$131,400
May 20015,5461,36925.524.31$147,431
Apr 20015,3711,35924.685.34$139,807
Mar 20015,4411,43224.545.38$141,221
Feb 20014,9281,31527.755.77$144,336
Jan 20014,9881,36627.478.40$148,493
Dec 20005,4561,29526.889.12$158,471
Nov 20005,1931,12432.215.66$173,626
Oct 20006,0701,24531.235.15$195,972
Sep 20005,9961,46431.875.19$198,686
Aug 20006,2581,54829.644.54$192,516
Jul 20006,6412,93528.534.09$201,471
Jun 20008,9375,51029.304.40$286,083
May 200010,0673,75027.263.68$288,225
Apr 200010,4892,76324.513.12$265,695
Mar 20004,7371,05528.422.86$137,643
Feb 20001,93761127.622.73$55,166
Jan 20002,55141925.272.48$65,503
Dec 19992,84566324.282.42$70,684
Nov 19994,26979423.192.43$100,931
Oct 19995,4541,04920.982.80$117,366
Sep 19996,2691,40421.752.62$140,028
Aug 19999,1761,94419.262.88$182,320
Jul 19999,1652,23117.892.37$169,255
Jun 19998,7082,01815.942.36$143,572
May 19999,0992,13715.792.32$148,633
Apr 19998,6212,06215.102.21$134,730
Mar 19993,5991,03012.471.84$46,773
Feb 19992,2405389.981.82$23,333
Jan 19992,63357010.381.90$28,414
Dec 19982,5296199.201.77$24,364
Nov 19982,88067310.892.19$32,834
Oct 19985,7161,64912.421.97$74,240
Sep 19987,1691,64912.592.08$93,692
Aug 19987,1191,67111.301.91$83,632
Jul 19986,4491,66311.742.24$79,432
Jun 19985,7621,54011.242.24$68,210
May 19988,7382,55812.622.21$115,917
Apr 19989,1322,61113.042.51$125,623
Mar 19989,0782,70612.802.31$122,448
Feb 19988,3092,86313.952.30$122,493
Jan 19989,3793,08114.702.15$144,510
Dec 19978,9713,12616.322.41$153,944
Nov 19978,5613,32318.193.09$165,987
Oct 19975,0562,44819.253.15$105,039
Sep 19973,5171,34817.742.95$66,375
Aug 19975,2942,53617.862.55$101,030
Jul 19972,8301,08417.582.25$52,187
Jun 19973,11073717.242.26$55,280
May 19971,76377118.972.31$35,224

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.

May 2026 — as filed, then multipliedworked
Oil                   35 bbl  × $106.41 =     $3,724
Casinghead gas       155 Mcf  × $  3.05 =       $472

────────────────────────────────────────────────────
Month total                                   $4,196

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/23221 is the state's own key, not one this site invented.