WEIDO UNIT 1

Name: WEIDO UNIT 1 lease production and value, Oct 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by OGDEN RESOURCES CORPORATION (P-5 618970) in the KURTEN (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24102District 03Field 50424500OilCasinghead gasSave Export

Value, all time

$3.3 M

Oct 2001 – Feb 2013

Value, last 12 filed months

at the published price for each month

Months reported

137

no gaps in the span

Streams

oil, casinghead gas

The KURTEN (BUDA) 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 456 leases and 533 wells, and the rule below applies to all of them.

Discovered

1976-12-02

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2015-03-24.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SET TO 100 % ACRES.”

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	62,262 bbl	$2,082,426
Casinghead gas	Production	247,624 Mcf	$1,224,566
Total			$3,306,992

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 30.7257, -96.3197. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.72571, -96.31971 · 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

8,300 ft

1 wells filed one

Completion to plug

2.6 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 8,300 ft.

Completions filed

Feb 2018

1 of 1 wells

Plug dates filed

Sep 2020

1 of 1 wells

Last completion to plug: a median of 2.6 years across the 1 well that filed both dates, with the middle half between 2.6 years and 2.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-04131939	1	8,300 ft	Feb 2018	Sep 2020	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 (137)

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

137 months


Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	171	0	94.14	4.52	$16,098
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	1	105.96	4.33	$4
Mar 2011	0	2	96.36	4.06	$8
Feb 2011	0	29	85.64	4.18	$121
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	73	0	85.73	4.35	$6,258
Nov 2010	0	395	80.84	3.80	$1,499
Oct 2010	185	819	78.10	3.51	$17,322
Sep 2010	190	900	72.63	3.98	$17,381
Aug 2010	181	923	73.68	4.42	$17,415
Jul 2010	0	960	72.55	4.74	$4,547
Jun 2010	192	928	70.36	4.91	$18,066
May 2010	191	1,061	71.12	4.24	$18,077
Apr 2010	193	932	81.69	4.12	$19,609
Mar 2010	191	789	78.39	4.39	$18,435
Feb 2010	0	704	73.58	5.44	$3,831
Jan 2010	186	953	74.36	5.96	$19,515
Dec 2009	187	788	71.44	5.48	$17,680
Nov 2009	193	1,063	74.59	3.75	$18,384
Oct 2009	0	538	72.54	4.11	$2,211
Sep 2009	191	893	65.54	3.06	$15,255
Aug 2009	0	883	67.42	3.22	$2,842
Jul 2009	191	967	61.13	3.46	$15,026
Jun 2009	0	1,009	66.16	3.90	$3,930
May 2009	192	1,055	54.74	3.93	$14,652
Apr 2009	196	1,062	46.77	3.59	$12,977
Mar 2009	199	1,154	42.14	4.06	$13,070
Feb 2009	0	991	32.81	4.63	$4,591
Jan 2009	192	1,099	35.86	5.37	$12,788
Dec 2008	194	1,123	37.10	5.98	$13,910
Nov 2008	194	1,286	55.49	6.86	$19,587
Oct 2008	0	1,003	75.24	6.92	$6,943
Sep 2008	183	1,218	101.76	7.88	$28,216
Aug 2008	378	1,530	114.22	8.48	$56,154
Jul 2008	0	1,296	131.08	11.39	$14,761
Jun 2008	185	1,203	131.33	13.03	$39,974
May 2008	190	1,306	123.17	11.57	$38,518
Apr 2008	195	1,362	110.31	10.45	$35,750
Mar 2008	203	1,406	101.90	9.66	$34,273
Feb 2008	198	1,341	92.53	8.77	$30,082
Jan 2008	191	1,511	90.38	8.21	$29,661
Dec 2007	398	1,597	88.33	7.30	$46,817
Nov 2007	1	1,618	91.67	7.29	$11,890
Oct 2007	192	1,769	82.85	6.92	$28,152
Sep 2007	204	1,918	75.84	6.24	$27,448
Aug 2007	381	1,852	69.06	6.39	$38,142
Jul 2007	198	1,559	70.90	6.39	$23,997
Jun 2007	189	1,760	62.00	7.55	$25,003
May 2007	195	1,892	58.74	7.85	$26,299
Apr 2007	195	1,841	59.61	7.81	$25,993
Mar 2007	384	2,049	56.92	7.30	$36,819
Feb 2007	187	1,885	55.10	8.22	$25,791
Jan 2007	201	2,334	50.30	6.73	$25,811
Dec 2006	401	2,178	56.65	6.92	$37,785
Nov 2006	198	2,377	54.20	7.62	$28,838
Oct 2006	385	2,231	54.90	6.01	$34,553
Sep 2006	187	2,313	60.08	5.04	$22,886
Aug 2006	381	2,731	68.71	7.34	$46,224
Jul 2006	373	2,644	69.37	6.34	$42,645
Jun 2006	377	2,327	66.28	6.38	$39,843
May 2006	394	4,005	66.01	6.42	$51,740
Apr 2006	381	3,485	64.39	7.36	$50,184
Mar 2006	564	3,181	56.70	7.08	$54,510
Feb 2006	373	2,645	57.59	7.75	$41,983
Jan 2006	379	2,657	60.59	8.93	$46,699
Dec 2005	590	2,582	54.94	13.42	$67,053
Nov 2005	422	1,973	54.69	10.59	$43,970
Oct 2005	0	280	58.34	13.80	$3,863
Sep 2005	194	199	61.45	12.08	$14,325
Aug 2005	191	313	61.51	9.80	$14,815
Jul 2005	186	289	55.69	7.84	$12,625
Jun 2005	368	325	52.33	7.38	$21,656
May 2005	196	323	45.22	6.65	$11,011
Apr 2005	186	331	49.20	7.36	$11,588
Mar 2005	197	384	50.37	7.15	$12,670
Feb 2005	196	435	45.22	6.31	$11,609
Jan 2005	194	455	43.16	6.32	$11,250
Dec 2004	381	572	39.86	6.75	$19,048
Nov 2004	193	592	45.28	6.33	$12,487
Oct 2004	0	468	49.70	6.52	$3,049
Sep 2004	179	928	43.24	5.28	$12,643
Aug 2004	198	855	42.37	5.55	$13,135
Jul 2004	196	907	38.28	6.08	$13,021
Jun 2004	200	1,032	36.10	6.43	$13,859
May 2004	3	1,032	37.48	6.49	$6,815
Apr 2004	0	285	34.47	5.86	$1,670
Mar 2004	160	0	34.36	5.53	$5,498
Feb 2004	195	479	32.45	5.51	$8,967
Jan 2004	391	1,695	32.03	6.30	$23,202
Dec 2003	586	2,040	30.26	6.30	$30,588
Nov 2003	598	2,055	28.80	4.60	$26,665
Oct 2003	390	2,468	28.17	4.76	$22,733
Sep 2003	395	1,644	26.31	4.75	$18,200
Aug 2003	394	2,298	29.76	5.13	$23,514
Jul 2003	770	2,041	29.41	5.17	$33,199
Jun 2003	380	1,714	28.56	5.98	$21,108
May 2003	764	2,161	26.59	5.97	$33,222
Apr 2003	552	2,028	26.67	5.41	$25,688
Mar 2003	553	2,538	31.14	6.10	$32,692
Feb 2003	727	2,319	33.48	7.93	$42,720
Jan 2003	730	2,410	30.31	5.58	$35,579
Dec 2002	1,110	3,028	26.91	4.85	$44,567
Nov 2002	741	3,092	24.66	4.14	$31,065
Oct 2002	1,086	3,014	26.46	4.23	$41,482
Sep 2002	900	3,255	27.44	3.64	$36,529
Aug 2002	893	3,870	25.96	3.16	$35,428
Jul 2002	1,077	4,249	24.58	3.06	$39,482
Jun 2002	1,084	4,103	23.73	3.34	$39,420
May 2002	1,257	4,764	24.66	3.58	$48,072
Apr 2002	1,790	5,839	23.65	3.51	$62,842
Mar 2002	1,809	6,652	22.00	3.10	$60,437
Feb 2002	1,972	5,431	18.22	2.38	$48,832
Jan 2002	2,964	8,213	17.17	2.38	$70,403
Dec 2001	3,478	12,549	16.93	2.36	$88,553
Nov 2001	11,111	21,704	18.07	2.41	$252,985
Oct 2001	6,612	24,080	19.78	2.53	$191,681

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 2011 — as filed, then multipliedworked

Oil                  171 bbl  × $ 94.14 =    $16,098
Casinghead gas         0 Mcf  × $  4.52 =         $0

────────────────────────────────────────────────────
Month total                                  $16,098

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/24102 is the state's own key, not one this site invented.