WALKER, BILLY L.

Operated by MORTIMER PRODUCTION COMPANY (P-5 589954) in the ARROYO LOS OLMOS (YEGUA 25) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 150189District 04Field 039455002 tax incentive programmesCondensateGasSaveExport
Value, all time
$206 k
Jun 1994 – Jul 2014
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
242
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 34 leases and 34 wells, and the rule below applies to all of them.

Discovered
1985-03-03
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED EFFECTIVE 2/1/93. TMH

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112003-10-10153241
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition2,371 bbl$42,789
GasProduction267,988 Mcf$162,873
Total$205,662

210,726 Mcf of this lease's gas, across 31 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 26.3657, -98.7810. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.36566, -98.78097 · 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
6,016 ft
1 wells filed one
Completion to plug
19.8 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 6,016 ft.

Completions filed
Jun 1994
1 of 1 wells
Plug dates filed
Mar 2014
1 of 1 wells

Last completion to plug: a median of 19.8 years across the 1 well that filed both dates, with the middle half between 19.8 years and 19.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4273267336,016 ftJun 1994Mar 2014Yes

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 (242)

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

242 months

Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 201438095.944.81$3,646
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013022194.403.93$869
May 2013016094.834.15$664
Apr 2013019993.964.28$852
Mar 2013027693.623.91$1,080
Feb 2013020691.233.42$705
Jan 2013028491.603.42$971
Dec 2012029486.773.42$1,006
Nov 2012048186.953.62$1,744
Oct 2012027389.383.40$928
Sep 2012037194.672.92$1,083
Aug 2012028392.662.91$823
Jul 2012033685.133.02$1,015
Jun 2012038779.822.52$975
May 2012048691.612.49$1,209
Apr 20120681101.652.00$1,360
Mar 20120951105.052.22$2,113
Feb 201201,324101.102.57$3,403
Jan 201201,38398.092.73$3,781
Dec 201101,32896.873.24$4,302
Nov 201101,32095.723.31$4,371
Oct 201101,32084.983.65$4,816
Sep 201102,74083.623.99$10,921
Aug 201103,15483.404.15$13,087
Jul 2011098594.144.52$4,449
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
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 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001027124.563.82$1,036
May 200104825.524.31$207
Apr 200102724.685.34$144
Mar 2001011224.545.38$602
Feb 200105427.755.77$311
Jan 2001013727.478.40$1,151
Dec 200005226.889.12$474
Nov 2000023632.215.66$1,335
Oct 200007631.235.15$391
Sep 2000014731.875.19$762
Aug 2000021029.644.54$954
Jul 2000014528.534.09$593
Jun 2000018029.304.40$792
May 2000097427.263.68$3,584
Apr 2000087024.513.12$2,711
Mar 2000096628.422.86$2,763
Feb 200001,02027.622.73$2,781
Jan 200001,09625.272.48$2,719
Dec 199901,12524.282.42$2,727
Nov 1999079023.192.43$1,923
Oct 1999076820.982.80$2,153
Sep 1999064621.752.62$1,692
Aug 1999084719.262.88$2,436
Jul 1999087517.892.37$2,076
Jun 1999073815.942.36$1,743
May 1999078115.792.32$1,813
Apr 1999086915.102.21$1,919
Mar 1999082912.471.84$1,524
Feb 199907409.981.82$1,345
Jan 1999092510.381.90$1,757
Dec 199801,2039.201.77$2,133
Nov 199801,06410.892.19$2,326
Oct 1998087712.421.97$1,727
Sep 1998088312.592.08$1,839
Aug 199801,02811.301.91$1,961
Jul 1998088011.742.24$1,969
Jun 1998091511.242.24$2,047
May 199801,19812.622.21$2,643
Apr 1998097013.042.51$2,430
Mar 1998093812.802.31$2,166
Feb 1998088413.952.30$2,032
Jan 1998090814.702.15$1,957
Dec 1997088516.322.41$2,134
Nov 1997086418.193.09$2,668
Oct 1997086819.253.15$2,734
Sep 1997081217.742.95$2,399
Aug 1997091217.862.55$2,330
Jul 1997093917.582.25$2,110
Jun 1997092517.242.26$2,088
May 1997060418.972.31$1,394
Apr 1997054017.882.08$1,125
Mar 1997052418.951.94$1,016
Feb 1997083920.492.21$1,851
Jan 1997080523.483.54$2,849
Dec 1996063323.32$0
Nov 199601,38421.97$0
Oct 19960523.31$0
Sep 199606922.22$0
Aug 199601,30620.26$0
Jul 199612,42019.55$20
Jun 199634,27618.73$56
May 19961712,95819.43$3,323
Apr 199643,22221.51$86
Mar 199602,59419.38$0
Feb 199632,88816.98$51
Jan 199612,47917.07$17
Dec 19951673,04217.19$2,871
Nov 199513,83516.00$16
Oct 199502,48115.43$0
Sep 199502,41016.18$0
Aug 199504,94015.92$0
Jul 19951584,84215.24$2,408
Jun 199525,18816.41$33
May 199503,71717.56$0
Apr 19951725,09517.73$3,050
Mar 199515,59016.44$16
Feb 19951796,66716.58$2,968
Jan 199507,03415.92$0
Dec 199416313,84615.03$2,450
Nov 199416411,21115.90$2,608
Oct 1994021,70015.58$0
Sep 199415725,33515.29$2,401
Aug 199432520,92116.13$5,242
Jul 199449627,34517.56$8,710
Jun 199416511,29317.09$2,820

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.

Apr 2014 — as filed, then multipliedworked
Condensate            38 bbl  × $ 95.94 =     $3,646
Gas                    0 Mcf  × $  4.81 =         $0

────────────────────────────────────────────────────
Month total                                   $3,646

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/150189 is the state's own key, not one this site invented.