WEEMS-STATE

Operated by SOUTHWEST OIL & LAND, INC. (P-5 806350) in the BOORY (MIOCENE 5330) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 143023District 04Field 10586540CondensateGasSaveExport
Value, all time
$278 k
Jan 1993 – Jun 1999
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
78
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1975-05-25
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition263 bbl$3,849
GasProduction586,528 Mcf$273,726
Total$277,575

475,118 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 26.0150, -97.2989. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.01505, -97.29892 · 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
7,912 ft
1 wells filed one
Completion to plug
6.7 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 7,912 ft.

Completions filed
Oct 1992
1 of 1 wells
Plug dates filed
Jun 1999
1 of 1 wells

Last completion to plug: a median of 6.7 years across the 1 well that filed both dates, with the middle half between 6.7 years and 6.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0613048517,912 ftOct 1992Jun 1999Yes

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 (78)

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

78 months

Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 1998097210.892.19$2,125
Oct 199802,20012.421.97$4,332
Sep 199802,48212.592.08$5,169
Aug 199803,35611.301.91$6,401
Jul 199803,58611.742.24$8,023
Jun 199803,51511.242.24$7,864
May 199803,74512.622.21$8,263
Apr 199803,45313.042.51$8,651
Mar 199805,81812.802.31$13,436
Feb 199854,74913.952.30$10,988
Jan 199805,60714.702.15$12,082
Dec 199706,94116.322.41$16,735
Nov 199705,03318.193.09$15,543
Oct 199706,53519.253.15$20,584
Sep 199706,41817.742.95$18,964
Aug 199704,96617.862.55$12,687
Jul 199706,98017.582.25$15,684
Jun 199705,70817.242.26$12,884
May 199706,89718.972.31$15,922
Apr 199705,06417.882.08$10,547
Mar 199705,24618.951.94$10,173
Feb 199704,67120.492.21$10,304
Jan 199707,46823.483.54$26,434
Dec 199607,71723.32$0
Nov 199607,19921.97$0
Oct 199607,66723.31$0
Sep 199607,70922.22$0
Aug 199608,48420.26$0
Jul 199609,08419.55$0
Jun 199608,87518.73$0
May 199609,87119.43$0
Apr 199609,30921.51$0
Mar 199608,28919.38$0
Feb 199608,08116.98$0
Jan 199607,78017.07$0
Dec 199507,38017.19$0
Nov 199507,56316.00$0
Oct 199508,63515.43$0
Sep 199506,74516.18$0
Aug 199507,47315.92$0
Jul 1995011,37215.24$0
Jun 199508,94616.41$0
May 1995010,49417.56$0
Apr 1995010,06417.73$0
Mar 1995011,57116.44$0
Feb 199509,75716.58$0
Jan 1995010,10715.92$0
Dec 1994010,36015.03$0
Nov 1994010,14615.90$0
Oct 1994010,56015.58$0
Sep 1994011,53015.29$0
Aug 1994020,55016.13$0
Jul 19942111,43017.56$369
Jun 19944711,71717.09$803
May 1994412,18115.88$64
Apr 19941711,74214.14$240
Mar 19947712,28312.46$959
Feb 19941911,50912.50$238
Jan 19941012,78412.66$127
Dec 1993913,29412.33$111
Nov 19931111,40414.49$159
Oct 1993010,34515.85$0
Sep 19931414,17015.03$210
Aug 1993010,06315.66$0
Jul 199344,17015.46$62
Jun 199394,38016.79$151
May 199355,41317.68$88
Apr 199349,30018.05$72
Mar 1993611,80218.14$109
Feb 1993011,77017.90$0
Jan 1993112,04316.93$17

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.

Nov 1998 — as filed, then multipliedworked
Condensate             0 bbl  × $ 10.89 =         $0
Gas                  972 Mcf  × $  2.19 =     $2,125

────────────────────────────────────────────────────
Month total                                   $2,125

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/143023 is the state's own key, not one this site invented.