WEIDO UNIT

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

Oil lease lease 25959District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$746 k
Mar 2012 – May 2018
Value, last 12 filed months
$40 k
at the published price for each month
Months reported
75
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 598 leases and 630 wells, and the rule below applies to all of them.

Discovered
1977-03-26
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 1997-05-16.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858.

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
OilDisposition9,139 bbl$624,810
Casinghead gasProduction35,457 Mcf$121,687
Total$746,497

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

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

42-041319392H8,300 ftFeb 2018Sep 2020Yes

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 (75)

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

75 months

May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018178061.782.77$10,997
Jan 2018010062.874.01$401
Dec 20171629757.272.92$9,561
Nov 2017015355.423.12$477
Oct 2017010649.292.98$316
Sep 201718215147.523.09$9,115
Aug 2017118145.373.00$589
Jul 2017019143.873.09$590
Jun 201717720142.493.09$8,141
May 2017021245.373.26$692
Apr 201717822847.933.21$9,264
Mar 2017116246.772.98$530
Feb 2017015950.452.95$469
Jan 2017016749.413.42$571
Dec 201617916048.763.72$9,324
Nov 2016014642.492.64$386
Oct 201617416446.193.09$8,544
Sep 201618015241.553.10$7,950
Aug 2016019641.442.92$573
Jul 201617924441.622.92$8,164
Jun 201618221045.352.69$8,818
May 2016120342.521.99$447
Apr 201618326136.561.99$7,210
Mar 201619222833.011.79$6,747
Feb 201619125726.472.06$5,586
Jan 201618825427.352.36$5,742
Dec 2015034732.362.00$694
Nov 201518630338.792.17$7,872
Oct 201518829543.552.43$8,903
Sep 2015039542.992.76$1,090
Aug 201518937940.162.87$8,679
Jul 201518736548.152.95$10,079
Jun 201518343256.152.88$11,521
May 201517647655.212.96$11,124
Apr 201538058549.822.71$20,515
Mar 2015051842.892.93$1,520
Feb 201518543244.662.98$9,548
Jan 201519053943.433.10$9,923
Dec 201418948554.693.59$12,078
Nov 201418961270.464.25$15,919
Oct 201438280578.303.90$33,051
Sep 2014072786.164.05$2,941
Aug 201418585089.394.04$19,967
Jul 201418986096.564.18$21,844
Jun 201419184998.164.74$22,770
May 201418890194.734.73$22,068
Apr 201419192195.944.81$22,754
Mar 20141951,01495.895.06$23,826
Feb 20143881,14897.406.19$44,900
Jan 201419228890.404.86$18,757
Dec 201311,23491.824.35$5,465
Nov 201319298888.853.74$20,753
Oct 2013211297.423.78$618
Sep 20130253104.113.72$941
Aug 20130316104.253.52$1,113
Jul 2013177267102.523.72$19,139
Jun 2013034294.403.93$1,345
May 201312494.834.15$194
Apr 2013050493.964.28$2,158
Mar 201318156193.623.91$19,140
Feb 2013137891.233.42$1,384
Jan 2013054491.603.42$1,860
Dec 201219260986.773.42$18,743
Nov 2012072386.953.62$2,621
Oct 201219180689.383.40$19,812
Sep 2012196294.672.92$2,902
Aug 20121781,10592.662.91$19,707
Jul 20121921,32885.133.02$20,357
Jun 201218970579.822.52$16,862
May 20121931,18091.612.49$20,617
Apr 20121931,369101.652.00$22,352
Mar 20123842,038105.052.22$44,868

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.

Feb 2018 — as filed, then multipliedworked
Oil                  178 bbl  × $ 61.78 =    $10,997
Casinghead gas         0 Mcf  × $  2.77 =         $0

────────────────────────────────────────────────────
Month total                                  $10,997

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/25959 is the state's own key, not one this site invented.