FRED W. VOLZ SR. UNIT

Name: FRED W. VOLZ SR. UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FINA OIL & CHEMICAL COMPANY (P-5 268321) in the TABASCO (T) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 143163District 04Field 88103625CondensateGasSave Export

Value, all time

$511 k

Jan 1993 – Aug 2000

Value, last 12 filed months

$82 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The TABASCO (T) 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 20 leases and 20 wells, and the rule below applies to all of them.

Discovered

1953-11-30

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 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: “TABASCO (CONSOLIDATED) 88103100”

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
Condensate	Disposition	11,185 bbl	$185,744
Gas	Production	418,469 Mcf	$325,688
Total			$511,432

284,952 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 26.2458, -98.4472. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.24579, -98.44716 · 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

11,142 ft

1 wells filed one

Completion to plug

13.1 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 11,142 ft.

Completions filed

Aug 2000

1 of 1 wells

Plug dates filed

Sep 2013

1 of 1 wells

Last completion to plug: a median of 13.1 years across the 1 well that filed both dates, with the middle half between 13.1 years and 13.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21531411	4	11,142 ft	Aug 2000	Sep 2013	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 (92)

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

92 months


Aug 2000	19	0	29.64	4.54	$563
Jul 2000	44	1,157	28.53	4.09	$5,987
Jun 2000	69	2,202	29.30	4.40	$11,704
May 2000	67	1,791	27.26	3.68	$8,417
Apr 2000	64	2,110	24.51	3.12	$8,143
Mar 2000	67	1,653	28.42	2.86	$6,631
Feb 2000	64	1,708	27.62	2.73	$6,425
Jan 2000	59	1,803	25.27	2.48	$5,963
Dec 1999	54	2,165	24.28	2.42	$6,558
Nov 1999	62	2,212	23.19	2.43	$6,822
Oct 1999	49	2,186	20.98	2.80	$7,157
Sep 1999	86	2,301	21.75	2.62	$7,896
Aug 1999	67	1,825	19.26	2.88	$6,538
Jul 1999	80	2,832	17.89	2.37	$8,150
Jun 1999	43	2,834	15.94	2.36	$7,380
May 1999	45	3,367	15.79	2.32	$8,525
Apr 1999	43	2,598	15.10	2.21	$6,386
Mar 1999	54	3,332	12.47	1.84	$6,799
Feb 1999	45	4,086	9.98	1.82	$7,877
Jan 1999	26	3,404	10.38	1.90	$6,737
Dec 1998	26	2,708	9.20	1.77	$5,041
Nov 1998	42	3,331	10.89	2.19	$7,738
Oct 1998	28	3,188	12.42	1.97	$6,626
Sep 1998	72	3,886	12.59	2.08	$9,000
Aug 1998	80	3,471	11.30	1.91	$7,524
Jul 1998	60	3,368	11.74	2.24	$8,240
Jun 1998	73	3,256	11.24	2.24	$8,105
May 1998	71	3,341	12.62	2.21	$8,267
Apr 1998	59	3,257	13.04	2.51	$8,929
Mar 1998	33	3,405	12.80	2.31	$8,286
Feb 1998	39	3,193	13.95	2.30	$7,885
Jan 1998	38	3,748	14.70	2.15	$8,635
Dec 1997	35	3,898	16.32	2.41	$9,970
Nov 1997	37	3,923	18.19	3.09	$12,788
Oct 1997	43	4,034	19.25	3.15	$13,534
Sep 1997	36	3,947	17.74	2.95	$12,302
Aug 1997	38	3,739	17.86	2.55	$10,231
Jul 1997	43	3,919	17.58	2.25	$9,562
Jun 1997	38	3,564	17.24	2.26	$8,700
May 1997	26	4,506	18.97	2.31	$10,895
Apr 1997	30	4,186	17.88	2.08	$9,255
Mar 1997	39	4,179	18.95	1.94	$8,843
Feb 1997	46	3,719	20.49	2.21	$9,146
Jan 1997	56	4,185	23.48	3.54	$16,129
Dec 1996	52	4,498	23.32	—	$1,213
Nov 1996	53	4,208	21.97	—	$1,164
Oct 1996	51	4,809	23.31	—	$1,189
Sep 1996	52	4,716	22.22	—	$1,155
Aug 1996	56	4,857	20.26	—	$1,135
Jul 1996	65	5,023	19.55	—	$1,271
Jun 1996	63	5,105	18.73	—	$1,180
May 1996	85	5,319	19.43	—	$1,652
Apr 1996	56	5,876	21.51	—	$1,205
Mar 1996	32	5,901	19.38	—	$620
Feb 1996	7	5,430	16.98	—	$119
Jan 1996	8	6,104	17.07	—	$137
Dec 1995	36	5,291	17.19	—	$619
Nov 1995	118	5,556	16.00	—	$1,888
Oct 1995	324	5,118	15.43	—	$4,999
Sep 1995	15	5,039	16.18	—	$243
Aug 1995	0	5,389	15.92	—	$0
Jul 1995	0	4,954	15.24	—	$0
Jun 1995	51	5,359	16.41	—	$837
May 1995	120	4,576	17.56	—	$2,107
Apr 1995	159	4,553	17.73	—	$2,819
Mar 1995	141	4,507	16.44	—	$2,318
Feb 1995	206	4,049	16.58	—	$3,415
Jan 1995	361	4,668	15.92	—	$5,747
Dec 1994	338	5,351	15.03	—	$5,080
Nov 1994	315	4,800	15.90	—	$5,009
Oct 1994	242	5,133	15.58	—	$3,770
Sep 1994	135	4,234	15.29	—	$2,064
Aug 1994	75	2,666	16.13	—	$1,210
Jul 1994	142	4,292	17.56	—	$2,494
Jun 1994	240	5,398	17.09	—	$4,102
May 1994	289	5,659	15.88	—	$4,589
Apr 1994	255	4,955	14.14	—	$3,606
Mar 1994	175	5,742	12.46	—	$2,181
Feb 1994	362	5,382	12.50	—	$4,525
Jan 1994	269	6,736	12.66	—	$3,406
Dec 1993	271	7,592	12.33	—	$3,341
Nov 1993	361	7,690	14.49	—	$5,231
Oct 1993	247	8,796	15.85	—	$3,915
Sep 1993	246	6,895	15.03	—	$3,697
Aug 1993	351	7,627	15.66	—	$5,497
Jul 1993	343	8,695	15.46	—	$5,303
Jun 1993	322	8,354	16.79	—	$5,406
May 1993	307	8,915	17.68	—	$5,428
Apr 1993	358	9,422	18.05	—	$6,462
Mar 1993	361	10,903	18.14	—	$6,549
Feb 1993	449	10,835	17.90	—	$8,037
Jan 1993	426	7,975	16.93	—	$7,212

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.

Aug 2000 — as filed, then multipliedworked

Condensate            19 bbl  × $ 29.64 =       $563
Gas                    0 Mcf  × $  4.54 =         $0

────────────────────────────────────────────────────
Month total                                     $563

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/143163 is the state's own key, not one this site invented.