MOC-WELDER "C"

Name: MOC-WELDER "C" lease production and value, Jun 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by COVENANT OIL & GAS, L.P. (P-5 182805) in the PLYMOUTH (6700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 177713District 04Field 72043864CondensateGasSave Export

Value, all time

$10.9 M

Jun 2000 – Dec 2006

Value, last 12 filed months

$487 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The PLYMOUTH (6700) 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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered

1947-12-01

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 EFF. 8-1-81 PER AMENDMENT TO SWR 28 & 29”

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	43,505 bbl	$1,260,003
Gas	Production	1,905,872 Mcf	$9,626,208
Total			$10,886,212

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 28.1017, -97.3796. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.10175, -97.37958 · 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

7,300 ft

1 wells filed one

Completion to plug

6.5 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 7,300 ft.

Completions filed

Jun 2000

1 of 1 wells

Plug dates filed

Dec 2006

1 of 1 wells

Last completion to plug: a median of 6.5 years across the 1 well that filed both dates, with the middle half between 6.5 years and 6.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-40932630	172	7,300 ft	Jun 2000	Dec 2006	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 (79)

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

79 months


Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	120	7	68.71	7.34	$8,297
Jul 2006	0	2,729	69.37	6.34	$17,309
Jun 2006	0	1,989	66.28	6.38	$12,698
May 2006	0	1,480	66.01	6.42	$9,509
Apr 2006	162	6,735	64.39	7.36	$60,004
Mar 2006	0	8,540	56.70	7.08	$60,488
Feb 2006	339	12,004	57.59	7.75	$112,567
Jan 2006	530	19,456	60.59	8.93	$205,919
Dec 2005	356	20,274	54.94	13.42	$291,542
Nov 2005	356	19,584	54.69	10.59	$226,833
Oct 2005	519	19,946	58.34	13.80	$305,449
Sep 2005	177	15,646	61.45	12.08	$199,865
Aug 2005	527	20,183	61.51	9.80	$230,145
Jul 2005	160	17,811	55.69	7.84	$148,613
Jun 2005	361	16,448	52.33	7.38	$140,294
May 2005	342	14,385	45.22	6.65	$111,142
Apr 2005	341	14,509	49.20	7.36	$123,570
Mar 2005	347	14,145	50.37	7.15	$118,684
Feb 2005	178	10,131	45.22	6.31	$71,995
Jan 2005	0	2,549	43.16	6.32	$16,115
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	2,354	43.24	5.28	$12,438
Aug 2004	0	4,853	42.37	5.55	$26,937
Jul 2004	161	6,260	38.28	6.08	$44,250
Jun 2004	172	7,703	36.10	6.43	$55,763
May 2004	0	8,734	37.48	6.49	$56,724
Apr 2004	26	9,528	34.47	5.86	$56,716
Mar 2004	131	11,111	34.36	5.53	$65,947
Feb 2004	63	9,409	32.45	5.51	$53,884
Jan 2004	188	11,778	32.03	6.30	$80,219
Dec 2003	188	12,882	30.26	6.30	$86,867
Nov 2003	381	13,176	28.80	4.60	$71,519
Oct 2003	191	14,097	28.17	4.76	$72,477
Sep 2003	310	12,441	26.31	4.75	$67,243
Aug 2003	205	17,198	29.76	5.13	$94,322
Jul 2003	348	16,671	29.41	5.17	$96,438
Jun 2003	150	16,115	28.56	5.98	$100,699
May 2003	357	17,347	26.59	5.97	$113,101
Apr 2003	361	18,940	26.67	5.41	$112,042
Mar 2003	533	20,813	31.14	6.10	$143,475
Feb 2003	359	19,600	33.48	7.93	$167,367
Jan 2003	547	22,909	30.31	5.58	$144,459
Dec 2002	442	18,280	26.91	4.85	$100,621
Nov 2002	504	23,774	24.66	4.14	$110,781
Oct 2002	481	24,442	26.46	4.23	$116,095
Sep 2002	655	24,155	27.44	3.64	$105,781
Aug 2002	620	29,709	25.96	3.16	$110,099
Jul 2002	629	31,088	24.58	3.06	$110,645
Jun 2002	844	27,446	23.73	3.34	$111,649
May 2002	822	34,970	24.66	3.58	$145,603
Apr 2002	721	32,710	23.65	3.51	$131,940
Mar 2002	813	37,192	22.00	3.10	$133,282
Feb 2002	914	34,583	18.22	2.38	$98,811
Jan 2002	1,055	41,144	17.17	2.38	$115,859
Dec 2001	1,227	43,262	16.93	2.36	$123,062
Nov 2001	1,075	44,436	18.07	2.41	$126,317
Oct 2001	1,220	54,106	19.78	2.53	$160,959
Sep 2001	1,761	65,848	24.26	2.25	$190,967
Aug 2001	1,592	71,171	24.87	3.05	$256,889
Jul 2001	1,787	72,582	23.93	3.20	$274,813
Jun 2001	1,747	67,808	24.56	3.82	$302,215
May 2001	1,606	69,583	25.52	4.31	$340,701
Apr 2001	1,736	67,108	24.68	5.34	$400,887
Mar 2001	1,760	70,448	24.54	5.38	$421,950
Feb 2001	1,431	58,406	27.75	5.77	$376,542
Jan 2001	1,050	42,186	27.47	8.40	$383,154
Dec 2000	1,406	49,734	26.88	9.12	$491,492
Nov 2000	1,403	49,537	32.21	5.66	$325,471
Oct 2000	1,073	51,566	31.23	5.15	$298,843
Sep 2000	1,241	48,450	31.87	5.19	$290,837
Aug 2000	1,195	49,195	29.64	4.54	$258,802
Jul 2000	1,050	47,352	28.53	4.09	$223,614
Jun 2000	159	11,131	29.30	4.40	$53,604

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 2006 — as filed, then multipliedworked

Condensate           120 bbl  × $ 68.71 =     $8,245
Gas                    7 Mcf  × $  7.34 =        $51

────────────────────────────────────────────────────
Month total                                   $8,297

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/177713 is the state's own key, not one this site invented.