WELDER, M. S.

Name: WELDER, M. S. lease production and value, Dec 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ABRAXAS PETROLEUM CORPORATION (P-5 3125) in the PORTILLA (9000 SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 171793District 04Field 72484900CondensateGasSave

Value, all time

$10.5 M

Dec 1998 – Aug 2012

Value, last 12 filed months

$7 k

at the published price for each month

Months reported

165

no gaps in the span

Streams

condensate, gas

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	16,619 bbl	$386,638
Gas	Production	2,135,482 Mcf	$10,131,426
Total			$10,518,064

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 28.0775, -97.4438. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.07754, -97.44381 · 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

0.0%

0 of 1 wells

Median depth

9,250 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 9,250 ft.

Completions filed

Apr 2012

1 of 1 wells

1 well


42-40901670	34	9,250 ft	Apr 2012	—	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 (165)

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

165 months


Aug 2012	0	0	92.66	2.91	$0
Jul 2012	3	3	85.13	3.02	$264
Jun 2012	3	0	79.82	2.52	$239
May 2012	12	0	91.61	2.49	$1,099
Apr 2012	51	139	101.65	2.00	$5,462
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	833	92.90	4.64	$3,865
May 2011	0	2,209	98.13	4.40	$9,730
Apr 2011	0	3,513	105.96	4.33	$15,223
Mar 2011	0	4,326	96.36	4.06	$17,552
Feb 2011	0	3,518	85.64	4.18	$14,705
Jan 2011	0	3,804	86.50	4.59	$17,456
Dec 2010	0	4,098	85.73	4.35	$17,817
Nov 2010	0	3,822	80.84	3.80	$14,506
Oct 2010	0	5,070	78.10	3.51	$17,790
Sep 2010	0	4,718	72.63	3.98	$18,775
Aug 2010	0	4,973	73.68	4.42	$21,977
Jul 2010	0	5,079	72.55	4.74	$24,057
Jun 2010	0	4,856	70.36	4.91	$23,845
May 2010	0	5,185	71.12	4.24	$21,960
Apr 2010	0	4,906	81.69	4.12	$20,226
Mar 2010	0	4,965	78.39	4.39	$21,790
Feb 2010	0	4,776	73.58	5.44	$25,993
Jan 2010	0	5,240	74.36	5.96	$31,252
Dec 2009	0	5,448	71.44	5.48	$29,875
Nov 2009	0	5,448	74.59	3.75	$20,438
Oct 2009	0	5,959	72.54	4.11	$24,493
Sep 2009	0	5,689	65.54	3.06	$17,435
Aug 2009	0	5,955	67.42	3.22	$19,166
Jul 2009	0	6,397	61.13	3.46	$22,162
Jun 2009	0	6,483	66.16	3.90	$25,251
May 2009	0	6,103	54.74	3.93	$23,959
Apr 2009	0	5,787	46.77	3.59	$20,761
Mar 2009	0	6,518	42.14	4.06	$26,457
Feb 2009	0	5,761	32.81	4.63	$26,691
Jan 2009	0	6,551	35.86	5.37	$35,185
Dec 2008	0	6,695	37.10	5.98	$40,017
Nov 2008	0	6,701	55.49	6.86	$45,971
Oct 2008	0	6,382	75.24	6.92	$44,176
Sep 2008	0	5,861	101.76	7.88	$46,168
Aug 2008	0	6,501	114.22	8.48	$55,148
Jul 2008	0	6,544	131.08	11.39	$74,532
Jun 2008	0	6,556	131.33	13.03	$85,442
May 2008	0	6,746	123.17	11.57	$78,080
Apr 2008	0	6,558	110.31	10.45	$68,563
Mar 2008	0	7,200	101.90	9.66	$69,581
Feb 2008	0	5,278	92.53	8.77	$46,291
Jan 2008	0	7,415	90.38	8.21	$60,845
Dec 2007	0	7,556	88.33	7.30	$55,174
Nov 2007	0	6,965	91.67	7.29	$50,787
Oct 2007	0	7,118	82.85	6.92	$49,271
Sep 2007	0	6,798	75.84	6.24	$42,448
Aug 2007	0	7,498	69.06	6.39	$47,897
Jul 2007	0	7,377	70.90	6.39	$47,124
Jun 2007	0	7,502	62.00	7.55	$56,628
May 2007	0	7,407	58.74	7.85	$58,117
Apr 2007	2	7,479	59.61	7.81	$58,494
Mar 2007	5	8,182	56.92	7.30	$60,029
Feb 2007	20	7,454	55.10	8.22	$62,344
Jan 2007	37	8,414	50.30	6.73	$58,461
Dec 2006	43	8,654	56.65	6.92	$62,308
Nov 2006	37	8,643	54.20	7.62	$67,843
Oct 2006	37	8,702	54.90	6.01	$54,363
Sep 2006	38	8,767	60.08	5.04	$46,444
Aug 2006	37	9,319	68.71	7.34	$70,943
Jul 2006	36	9,355	69.37	6.34	$61,834
Jun 2006	39	9,301	66.28	6.38	$61,961
May 2006	35	10,129	66.01	6.42	$67,389
Apr 2006	0	8,628	64.39	7.36	$63,506
Mar 2006	0	10,167	56.70	7.08	$72,012
Feb 2006	0	9,288	57.59	7.75	$71,992
Jan 2006	0	10,399	60.59	8.93	$92,898
Dec 2005	0	10,149	54.94	13.42	$136,153
Nov 2005	0	10,164	54.69	10.59	$107,621
Oct 2005	0	11,157	58.34	13.80	$153,919
Sep 2005	0	9,780	61.45	12.08	$118,133
Aug 2005	0	11,069	61.51	9.80	$108,441
Jul 2005	0	11,414	55.69	7.84	$89,527
Jun 2005	0	10,932	52.33	7.38	$80,690
May 2005	0	11,508	45.22	6.65	$76,542
Apr 2005	0	11,548	49.20	7.36	$84,999
Mar 2005	0	12,429	50.37	7.15	$88,928
Feb 2005	6	11,202	45.22	6.31	$70,977
Jan 2005	0	12,674	43.16	6.32	$80,128
Dec 2004	5	13,091	39.86	6.75	$88,578
Nov 2004	19	13,363	45.28	6.33	$85,454
Oct 2004	116	13,429	49.70	6.52	$93,256
Sep 2004	68	13,295	43.24	5.28	$73,190
Aug 2004	88	14,261	42.37	5.55	$82,887
Jul 2004	84	14,626	38.28	6.08	$92,203
Jun 2004	71	14,705	36.10	6.43	$97,161
May 2004	73	15,425	37.48	6.49	$102,915
Apr 2004	70	15,565	34.47	5.86	$93,600
Mar 2004	84	16,823	34.36	5.53	$95,920
Feb 2004	114	16,454	32.45	5.51	$94,355
Jan 2004	119	17,861	32.03	6.30	$116,329
Dec 2003	118	18,714	30.26	6.30	$121,500
Nov 2003	117	19,037	28.80	4.60	$90,848
Oct 2003	76	13,244	28.17	4.76	$65,178
Sep 2003	41	17,780	26.31	4.75	$85,522
Aug 2003	40	19,398	29.76	5.13	$100,697
Jul 2003	47	19,365	29.41	5.17	$101,516
Jun 2003	106	19,909	28.56	5.98	$122,142
May 2003	129	21,242	26.59	5.97	$130,302
Apr 2003	90	21,569	26.67	5.41	$119,030
Mar 2003	1	20,301	31.14	6.10	$123,787
Feb 2003	3	20,433	33.48	7.93	$162,050
Jan 2003	9	25,474	30.31	5.58	$142,470
Dec 2002	37	13,874	26.91	4.85	$68,337
Nov 2002	50	11,997	24.66	4.14	$50,864
Oct 2002	78	12,676	26.46	4.23	$55,672
Sep 2002	44	12,711	27.44	3.64	$47,414
Aug 2002	64	13,129	25.96	3.16	$43,204
Jul 2002	70	13,549	24.58	3.06	$43,204
Jun 2002	75	12,484	23.73	3.34	$43,454
May 2002	70	13,663	24.66	3.58	$50,694
Apr 2002	142	13,694	23.65	3.51	$51,456
Mar 2002	116	14,353	22.00	3.10	$47,085
Feb 2002	92	13,284	18.22	2.38	$33,235
Jan 2002	124	15,312	17.17	2.38	$38,505
Dec 2001	133	16,106	16.93	2.36	$40,333
Nov 2001	88	16,176	18.07	2.41	$40,502
Oct 2001	115	17,438	19.78	2.53	$46,373
Sep 2001	57	17,716	24.26	2.25	$41,267
Aug 2001	125	18,167	24.87	3.05	$58,576
Jul 2001	128	18,649	23.93	3.20	$62,685
Jun 2001	77	18,701	24.56	3.82	$73,407
May 2001	83	19,658	25.52	4.31	$86,791
Apr 2001	156	18,576	24.68	5.34	$102,959
Mar 2001	265	20,037	24.54	5.38	$114,231
Feb 2001	334	12,521	27.75	5.77	$81,478
Jan 2001	438	20,326	27.47	8.40	$182,745
Dec 2000	421	20,784	26.88	9.12	$200,919
Nov 2000	280	20,251	32.21	5.66	$123,599
Oct 2000	262	20,017	31.23	5.15	$111,180
Sep 2000	291	18,813	31.87	5.19	$106,848
Aug 2000	317	19,197	29.64	4.54	$96,565
Jul 2000	344	19,981	28.53	4.09	$91,532
Jun 2000	320	19,848	29.30	4.40	$96,653
May 2000	368	22,065	27.26	3.68	$91,225
Apr 2000	342	22,528	24.51	3.12	$78,580
Mar 2000	308	24,583	28.42	2.86	$79,055
Feb 2000	177	23,962	27.62	2.73	$70,221
Jan 2000	297	27,177	25.27	2.48	$74,918
Dec 1999	328	29,056	24.28	2.42	$78,387
Nov 1999	578	30,407	23.19	2.43	$87,414
Oct 1999	671	34,470	20.98	2.80	$110,721
Sep 1999	560	36,822	21.75	2.62	$108,611
Aug 1999	577	41,399	19.26	2.88	$130,160
Jul 1999	658	47,581	17.89	2.37	$124,651
Jun 1999	479	49,713	15.94	2.36	$125,062
May 1999	447	52,748	15.79	2.32	$129,487
Apr 1999	447	52,260	15.10	2.21	$122,142
Mar 1999	565	53,384	12.47	1.84	$105,183
Feb 1999	590	21,618	9.98	1.82	$45,185
Jan 1999	810	34,960	10.38	1.90	$74,830
Dec 1998	1,092	40,000	9.20	1.77	$80,979

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 2012 — as filed, then multipliedworked

Condensate             3 bbl  × $ 85.13 =       $255
Gas                    3 Mcf  × $  3.02 =         $9

────────────────────────────────────────────────────
Month total                                     $264

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/171793 is the state's own key, not one this site invented.