WELDER

Operated by PEOPLES ENERGY PROD.-TX, L.P. (P-5 653000) in the LOMA NOVIA, NE (WILCOX MACKHANK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 126674District 04Field 54509535CondensateGasSaveExport
Value, all time
$379 k
Jan 1993 – Jun 2004
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
138
no gaps in the span
Streams
2
condensate, 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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1981-07-15
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1997-10-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 10/01/97.

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
CondensateDisposition2,973 bbl$51,625
GasProduction326,752 Mcf$327,489
Total$379,115

216,639 Mcf of this lease's gas, across 48 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 27.9396, -98.5451. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.93957, -98.54507 · 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
14,800 ft
1 wells filed one
Completion to plug
16.1 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 14,800 ft.

Completions filed
Dec 1987
1 of 1 wells
Plug dates filed
Jan 2004
1 of 1 wells

Last completion to plug: a median of 16.1 years across the 1 well that filed both dates, with the middle half between 16.1 years and 16.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-13137033114,800 ftDec 1987Jan 2004Yes

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 (138)

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

138 months

Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 2003044226.314.75$2,099
Aug 2003062329.765.13$3,196
Jul 2003034029.415.17$1,758
Jun 2003035328.565.98$2,112
May 2003041626.595.97$2,485
Apr 2003036626.675.41$1,979
Mar 2003056231.146.10$3,426
Feb 2003046133.487.93$3,654
Jan 2003055230.315.58$3,081
Dec 200217975826.914.85$8,496
Nov 200206724.664.14$277
Oct 2002013926.464.23$588
Sep 2002159727.443.64$2,198
Aug 2002043525.963.16$1,376
Jul 2002047124.583.06$1,442
Jun 2002043123.733.34$1,439
May 2002065924.663.58$2,362
Apr 2002058623.653.51$2,058
Mar 2002035022.003.10$1,086
Feb 200201,05718.222.38$2,511
Jan 2002031017.172.38$736
Dec 2001058716.932.36$1,388
Nov 2001052118.072.41$1,253
Oct 2001054419.782.53$1,376
Sep 2001082224.262.25$1,851
Aug 2001084124.873.05$2,568
Jul 2001049123.933.20$1,570
Jun 2001072724.563.82$2,780
May 200101,02625.524.31$4,419
Apr 2001083224.685.34$4,439
Mar 200101,09424.545.38$5,882
Feb 200101,21027.755.77$6,978
Jan 200101,35027.478.40$11,338
Dec 200001,04826.889.12$9,560
Nov 2000023332.215.66$1,318
Oct 2000091731.235.15$4,718
Sep 200001,04331.875.19$5,410
Aug 2000074929.644.54$3,401
Jul 2000075628.534.09$3,092
Jun 200001,47129.304.40$6,468
May 200001,39827.263.68$5,144
Apr 200001,56424.513.12$4,873
Mar 2000391428.422.86$2,699
Feb 200003427.622.73$93
Jan 20001025.272.48$25
Dec 199901,85424.282.42$4,494
Nov 1999321823.192.43$600
Oct 1999767420.982.80$2,037
Sep 1999063821.752.62$1,671
Aug 199901,98219.262.88$5,699
Jul 1999073917.892.37$1,753
Jun 199901,75715.942.36$4,150
May 1999062115.792.32$1,441
Apr 1999341,00915.102.21$2,741
Mar 199901,32212.471.84$2,430
Feb 199906069.981.82$1,102
Jan 199901,12410.381.90$2,136
Dec 199801819.201.77$321
Nov 1998098710.892.19$2,157
Oct 199801,71412.421.97$3,375
Sep 19981691,84412.592.08$5,968
Aug 199801,80511.301.91$3,443
Jul 199802,67111.742.24$5,976
Jun 199802,24411.242.24$5,020
May 199802,46612.622.21$5,441
Apr 1998081613.042.51$2,044
Mar 199801,04412.802.31$2,411
Feb 199822,36813.952.30$5,472
Jan 199803,47614.702.15$7,490
Dec 19971892,87716.322.41$10,021
Nov 199703,61118.193.09$11,152
Oct 199703,38419.253.15$10,659
Sep 199702,95317.742.95$8,726
Aug 199703,92617.862.55$10,030
Jul 199714,11017.582.25$9,253
Jun 199704,45117.242.26$10,047
May 199704,87418.972.31$11,252
Apr 19971844,89617.882.08$13,487
Mar 199704,36318.951.94$8,460
Feb 199703,19220.492.21$7,041
Jan 199723,16923.483.54$11,264
Dec 199605,33623.32$0
Nov 199604,99121.97$0
Oct 19961804,17623.31$4,196
Sep 199625,05222.22$44
Aug 199605,02420.26$0
Jul 199625,04619.55$39
Jun 199604,03218.73$0
May 19961844,95019.43$3,575
Apr 199623,96021.51$43
Mar 199604,00219.38$0
Feb 199602,28516.98$0
Jan 199601,25417.07$0
Dec 19951813,25417.19$3,111
Nov 199505,65416.00$0
Oct 199504,84615.43$0
Sep 199507,20116.18$0
Aug 199504,43015.92$0
Jul 199504,99915.24$0
Jun 19951824,44516.41$2,987
May 199522,50417.56$35
Apr 199502,32317.73$0
Mar 199502,90216.44$0
Feb 199502,80716.58$0
Jan 19953683,52415.92$5,859
Dec 199423,96015.03$30
Nov 199404,38515.90$0
Oct 199403,86615.58$0
Sep 19941714,77115.29$2,615
Aug 199403,61516.13$0
Jul 199404,80317.56$0
Jun 199404,20317.09$0
May 199404,56815.88$0
Apr 199404,39914.14$0
Mar 199401,68512.46$0
Feb 19941824,27412.50$2,275
Jan 199405,46312.66$0
Dec 199303,20712.33$0
Nov 1993093314.49$0
Oct 199305,64915.85$0
Sep 19931855,74115.03$2,781
Aug 199306,06715.66$0
Jul 199306,20015.46$0
Jun 19931856,64716.79$3,106
May 199306,51417.68$0
Apr 19931839,72918.05$3,303
Mar 1993097818.14$0
Feb 19931878,34117.90$3,347
Jan 199307,64416.93$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.

Sep 2003 — as filed, then multipliedworked
Condensate             0 bbl  × $ 26.31 =         $0
Gas                  442 Mcf  × $  4.75 =     $2,099

────────────────────────────────────────────────────
Month total                                   $2,099

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/126674 is the state's own key, not one this site invented.