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 171847District 04Field 72484900CondensateGasSave Export

Value, all time

$2.5 M

Dec 1998 – Jan 2009

Value, last 12 filed months

$11 k

at the published price for each month

Months reported

122

no gaps in the span

Streams

condensate, gas

The PORTILLA (9000 SAND) 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 22 leases and 23 wells, and the rule below applies to all of them.

Discovered

1952-04-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

933 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1999-01-26.

The Commission's schedule remark for this field reads: “CLOSER THAN 933 FT TO UNIT BOUNDARY. REQUIRE P-15 BUT NO PLAT.”

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	7,621 bbl	$144,392
Gas	Production	633,398 Mcf	$2,326,673
Total			$2,471,065

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 28.0757, -97.4458. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.07572, -97.44584 · 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

9,305 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 9,305 ft.

Completions filed

Dec 2008

1 of 1 wells

1 well


42-40901656	19	9,305 ft	Dec 2008	—	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 (122)

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

122 months


Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	295	114.22	8.48	$2,502
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	79	123.17	11.57	$914
Apr 2008	0	89	110.31	10.45	$930
Mar 2008	0	191	101.90	9.66	$1,846
Feb 2008	0	500	92.53	8.77	$4,385
Jan 2008	0	660	90.38	8.21	$5,416
Dec 2007	2	417	88.33	7.30	$3,222
Nov 2007	10	1,003	91.67	7.29	$8,230
Oct 2007	9	1,240	82.85	6.92	$9,329
Sep 2007	7	313	75.84	6.24	$2,485
Aug 2007	8	575	69.06	6.39	$4,226
Jul 2007	7	128	70.90	6.39	$1,314
Jun 2007	0	450	62.00	7.55	$3,397
May 2007	0	1,108	58.74	7.85	$8,694
Apr 2007	0	1,636	59.61	7.81	$12,769
Mar 2007	0	1,979	56.92	7.30	$14,451
Feb 2007	0	1,477	55.10	8.22	$12,135
Jan 2007	0	2,842	50.30	6.73	$19,118
Dec 2006	1	1,209	56.65	6.92	$8,421
Nov 2006	0	5,399	54.20	7.62	$41,127
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	3	5,728	66.28	6.38	$36,766
May 2006	7	6,983	66.01	6.42	$45,328
Apr 2006	25	5,728	64.39	7.36	$43,771
Mar 2006	0	1,382	56.70	7.08	$9,789
Feb 2006	0	1,194	57.59	7.75	$9,255
Jan 2006	0	1,230	60.59	8.93	$10,988
Dec 2005	0	1,445	54.94	13.42	$19,385
Nov 2005	0	1,471	54.69	10.59	$15,576
Oct 2005	0	1,482	58.34	13.80	$20,445
Sep 2005	0	1,321	61.45	12.08	$15,956
Aug 2005	0	438	61.51	9.80	$4,291
Jul 2005	0	1,681	55.69	7.84	$13,185
Jun 2005	0	1,732	52.33	7.38	$12,784
May 2005	0	1,969	45.22	6.65	$13,096
Apr 2005	0	1,931	49.20	7.36	$14,213
Mar 2005	0	1,970	50.37	7.15	$14,095
Feb 2005	0	1,743	45.22	6.31	$11,002
Jan 2005	0	1,892	43.16	6.32	$11,962
Dec 2004	0	2,081	39.86	6.75	$14,049
Nov 2004	0	1,647	45.28	6.33	$10,426
Oct 2004	0	1,454	49.70	6.52	$9,473
Sep 2004	0	1,881	43.24	5.28	$9,939
Aug 2004	0	1,441	42.37	5.55	$7,999
Jul 2004	0	1,523	38.28	6.08	$9,266
Jun 2004	0	2,125	36.10	6.43	$13,670
May 2004	0	2,176	37.48	6.49	$14,132
Apr 2004	0	2,138	34.47	5.86	$12,525
Mar 2004	1	1,944	34.36	5.53	$10,785
Feb 2004	0	1,797	32.45	5.51	$9,901
Jan 2004	2	1,827	32.03	6.30	$11,574
Dec 2003	10	1,903	30.26	6.30	$12,295
Nov 2003	0	1,861	28.80	4.60	$8,552
Oct 2003	0	1,455	28.17	4.76	$6,925
Sep 2003	0	1,799	26.31	4.75	$8,544
Aug 2003	0	1,990	29.76	5.13	$10,208
Jul 2003	0	2,104	29.41	5.17	$10,879
Jun 2003	0	2,163	28.56	5.98	$12,941
May 2003	1	2,055	26.59	5.97	$12,300
Apr 2003	0	1,481	26.67	5.41	$8,008
Mar 2003	1	1,085	31.14	6.10	$6,645
Feb 2003	1	3,220	33.48	7.93	$25,555
Jan 2003	1	2,965	30.31	5.58	$16,581
Dec 2002	2	3,445	26.91	4.85	$16,775
Nov 2002	11	3,405	24.66	4.14	$14,358
Oct 2002	32	3,507	26.46	4.23	$15,678
Sep 2002	22	3,702	27.44	3.64	$14,061
Aug 2002	32	3,989	25.96	3.16	$13,453
Jul 2002	35	4,031	24.58	3.06	$13,202
Jun 2002	38	3,773	23.73	3.34	$13,497
May 2002	58	4,481	24.66	3.58	$17,490
Apr 2002	156	4,374	23.65	3.51	$19,052
Mar 2002	95	4,603	22.00	3.10	$16,372
Feb 2002	25	4,021	18.22	2.38	$10,008
Jan 2002	51	3,690	17.17	2.38	$9,642
Dec 2001	113	2,649	16.93	2.36	$8,176
Nov 2001	34	3,259	18.07	2.41	$8,454
Oct 2001	45	3,810	19.78	2.53	$10,525
Sep 2001	30	3,497	24.26	2.25	$8,601
Aug 2001	31	5,471	24.87	3.05	$17,475
Jul 2001	35	6,044	23.93	3.20	$20,161
Jun 2001	27	6,097	24.56	3.82	$23,979
May 2001	36	6,856	25.52	4.31	$30,450
Apr 2001	69	6,260	24.68	5.34	$35,102
Mar 2001	121	6,435	24.54	5.38	$37,567
Feb 2001	100	6,541	27.75	5.77	$40,497
Jan 2001	29	7,368	27.47	8.40	$62,679
Dec 2000	33	7,685	26.88	9.12	$70,993
Nov 2000	45	7,573	32.21	5.66	$44,297
Oct 2000	74	7,897	31.23	5.15	$42,945
Sep 2000	61	7,749	31.87	5.19	$42,134
Aug 2000	64	8,256	29.64	4.54	$39,385
Jul 2000	69	8,381	28.53	4.09	$36,245
Jun 2000	67	8,317	29.30	4.40	$38,535
May 2000	96	9,119	27.26	3.68	$36,173
Apr 2000	175	9,427	24.51	3.12	$33,664
Mar 2000	175	10,450	28.42	2.86	$34,858
Feb 2000	158	10,157	27.62	2.73	$32,057
Jan 2000	145	11,470	25.27	2.48	$32,115
Dec 1999	142	12,078	24.28	2.42	$32,721
Nov 1999	124	12,557	23.19	2.43	$33,439
Oct 1999	288	15,254	20.98	2.80	$48,810
Sep 1999	241	16,123	21.75	2.62	$47,465
Aug 1999	257	18,029	19.26	2.88	$56,794
Jul 1999	337	18,303	17.89	2.37	$49,450
Jun 1999	368	23,314	15.94	2.36	$60,936
May 1999	637	29,978	15.79	2.32	$79,638
Apr 1999	635	37,150	15.10	2.21	$91,618
Mar 1999	786	51,028	12.47	1.84	$103,608
Feb 1999	763	63,492	9.98	1.82	$123,030
Jan 1999	558	5,414	10.38	1.90	$16,078
Dec 1998	0	3,864	9.20	1.77	$6,852

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 2008 — as filed, then multipliedworked

Condensate             0 bbl  × $114.22 =         $0
Gas                  295 Mcf  × $  8.48 =     $2,502

────────────────────────────────────────────────────
Month total                                   $2,502

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/171847 is the state's own key, not one this site invented.