WELDER HEIRS 211

Operated by DREYFUS, LOUIS NATURAL GAS CORP (P-5 228125) in the DEJAY, NORTH (SLICK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 150677District 04Field 24019520CondensateGasSaveExport
Value, all time
$138 k
Aug 1994 – Sep 1998
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
50
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
1994-02-25
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

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 11/01/94.

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
CondensateDisposition5,513 bbl$93,671
GasProduction236,370 Mcf$44,665
Total$138,336

218,264 Mcf of this lease's gas, across 29 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 27.9638, -98.5717. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.96375, -98.57167 · 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
8,950 ft
1 wells filed one
Completion to plug
3.9 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 8,950 ft.

Completions filed
Aug 1994
1 of 1 wells
Plug dates filed
Jul 1998
1 of 1 wells

Last completion to plug: a median of 3.9 years across the 1 well that filed both dates, with the middle half between 3.9 years and 3.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1313794538,950 ftAug 1994Jul 1998Yes

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 (50)

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

50 months

Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 199849011.742.24$575
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 1997067019.253.15$2,110
Sep 19971451,35117.742.95$6,564
Aug 199721,81117.862.55$4,662
Jul 199732,20217.582.25$5,001
Jun 199722,30617.242.26$5,240
May 199702,19918.972.31$5,076
Apr 199731,99117.882.08$4,200
Mar 19971651,98918.951.94$6,984
Feb 199721,49520.492.21$3,339
Jan 199722,09223.483.54$7,452
Dec 199622,72123.32$47
Nov 19961392,59621.97$3,054
Oct 199642,89923.31$93
Sep 19961504,01622.22$3,333
Aug 19961364,46420.26$2,755
Jul 199604,84119.55$0
Jun 19962744,73718.73$5,132
May 19961545,08919.43$2,992
Apr 199625,05621.51$43
Mar 19961515,71719.38$2,926
Feb 19961654,99916.98$2,802
Jan 19961586,56417.07$2,697
Dec 19951566,32017.19$2,682
Nov 19951726,49216.00$2,752
Oct 19951537,39715.43$2,361
Sep 19951527,77716.18$2,459
Aug 19951608,57215.92$2,547
Jul 199507,37915.24$0
Jun 19953198,12216.41$5,235
May 19951638,66917.56$2,862
Apr 19951679,49417.73$2,961
Mar 199518210,26816.44$2,992
Feb 199531812,20016.58$5,272
Jan 19951237,92615.92$1,958
Dec 19941408,81715.03$2,104
Nov 19944239,91615.90$6,726
Oct 199431611,26115.58$4,923
Sep 199455416,17515.29$8,471
Aug 199430717,78016.13$4,952

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.

Jul 1998 — as filed, then multipliedworked
Condensate            49 bbl  × $ 11.74 =       $575
Gas                    0 Mcf  × $  2.24 =         $0

────────────────────────────────────────────────────
Month total                                     $575

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/150677 is the state's own key, not one this site invented.