WELDER, R. H.

Operated by SMITH PRODUCTION INC. (P-5 789662) in the PLYMOUTH (5400 STORAGE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 12598District 04Field 72043368GasSaveExport
Value, all time
$211 k
Jan 1993 – Sep 2005
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
153
no gaps in the span
Streams
1
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1961-03-14
as the register files it
Field class
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 40 acres.

The Commission's schedule remark for this field reads: FIELD RULES EFFECTIVE 6/1/79 PER SPEC ORDER 71901

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
GasProduction69,251 Mcf$210,853
Total$210,853

19,985 Mcf of this lease's gas, across 9 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 28.0673, -97.4113. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06730, -97.41130 · 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
0.0%
0 of 1 wells
Median depth
5,960 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 5,960 ft.

Completions filed
Mar 1961
1 of 1 wells

1 well

42-40901766565,960 ftMar 1961Yes

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 (153)

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

153 months

Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 200416639.866.75$1,121
Nov 200420745.286.33$1,310
Oct 200436049.706.52$2,345
Sep 200417543.245.28$925
Aug 200452942.375.55$2,936
Jul 200442538.286.08$2,586
Jun 200441636.106.43$2,676
May 200441537.486.49$2,695
Apr 200440934.475.86$2,396
Mar 200445634.365.53$2,522
Feb 200479332.455.51$4,369
Jan 200481232.036.30$5,115
Dec 200350830.266.30$3,201
Nov 20031,09628.804.60$5,036
Oct 200326328.174.76$1,252
Sep 200312626.314.75$598
Aug 200329529.765.13$1,513
Jul 200321929.415.17$1,132
Jun 20036628.565.98$395
May 200350326.595.97$3,004
Apr 200332126.675.41$1,736
Mar 200328531.146.10$1,737
Feb 200319233.487.93$1,522
Jan 200328130.315.58$1,569
Dec 200213426.914.85$650
Nov 20024924.664.14$203
Oct 200215226.464.23$643
Sep 200215827.443.64$574
Aug 200226025.963.16$823
Jul 200210824.583.06$331
Jun 200252223.733.34$1,743
May 200229224.663.58$1,047
Apr 200225123.653.51$882
Mar 200230822.003.10$956
Feb 200239018.222.38$927
Jan 200247017.172.38$1,117
Dec 200147516.932.36$1,123
Nov 200143118.072.41$1,037
Oct 200131119.782.53$786
Sep 20013624.262.25$81
Aug 2001024.873.05$0
Jul 200113123.933.20$419
Jun 200184124.563.82$3,216
May 200194825.524.31$4,083
Apr 200186624.685.34$4,620
Mar 200112,19524.545.38$65,566
Feb 200133927.755.77$1,955
Jan 200155827.478.40$4,687
Dec 200044926.889.12$4,096
Nov 200061432.215.66$3,474
Oct 200084431.235.15$4,343
Sep 200028931.875.19$1,499
Aug 200058329.644.54$2,647
Jul 200086828.534.09$3,550
Jun 200050529.304.40$2,221
May 200041727.263.68$1,534
Apr 200091624.513.12$2,854
Mar 200080628.422.86$2,305
Feb 20001,87927.622.73$5,123
Jan 200087125.272.48$2,161
Dec 1999024.282.42$0
Nov 19999923.192.43$241
Oct 1999020.982.80$0
Sep 1999021.752.62$0
Aug 199960019.262.88$1,725
Jul 199996017.892.37$2,277
Jun 199948015.942.36$1,134
May 199973215.792.32$1,699
Apr 199967915.102.21$1,499
Mar 199983312.471.84$1,531
Feb 19997019.981.82$1,274
Jan 199972610.381.90$1,379
Dec 19985539.201.77$981
Nov 19981,10510.892.19$2,415
Oct 19981,49212.421.97$2,938
Sep 199837112.592.08$773
Aug 1998011.301.91$0
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 1998013.042.51$0
Mar 1998012.802.31$0
Feb 1998013.952.30$0
Jan 1998014.702.15$0
Dec 1997016.322.41$0
Nov 1997018.193.09$0
Oct 1997019.253.15$0
Sep 1997017.742.95$0
Aug 1997017.862.55$0
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 1997018.972.31$0
Apr 199717417.882.08$362
Mar 19974818.951.94$93
Feb 199732420.492.21$715
Jan 199780523.483.54$2,849
Dec 199679523.32$0
Nov 199671421.97$0
Oct 19961,12023.31$0
Sep 19961,19722.22$0
Aug 199697220.26$0
Jul 1996019.55$0
Jun 1996018.73$0
May 1996019.43$0
Apr 1996021.51$0
Mar 1996019.38$0
Feb 1996016.98$0
Jan 1996017.07$0
Dec 19953,56517.19$0
Nov 19953,80116.00$0
Oct 19954,37115.43$0
Sep 19953,45016.18$0
Aug 1995015.92$0
Jul 1995015.24$0
Jun 1995016.41$0
May 1995017.56$0
Apr 1995017.73$0
Mar 1995016.44$0
Feb 1995016.58$0
Jan 1995015.92$0
Dec 1994015.03$0
Nov 1994015.90$0
Oct 1994015.58$0
Sep 1994015.29$0
Aug 1994016.13$0
Jul 1994017.56$0
Jun 1994017.09$0
May 1994015.88$0
Apr 1994014.14$0
Mar 1994012.46$0
Feb 1994012.50$0
Jan 1994012.66$0
Dec 1993012.33$0
Nov 1993014.49$0
Oct 1993015.85$0
Sep 1993015.03$0
Aug 1993015.66$0
Jul 1993015.46$0
Jun 1993016.79$0
May 1993017.68$0
Apr 1993018.05$0
Mar 1993018.14$0
Feb 1993017.90$0
Jan 1993016.93$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.

Dec 2004 — as filed, then multipliedworked
Gas                  166 Mcf  × $  6.75 =     $1,121

────────────────────────────────────────────────────
Month total                                   $1,121

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. 04/G/12598 is the state's own key, not one this site invented.