MOC-WELDER "C"

Operated by COVENANT OIL & GAS, L.P. (P-5 182805) in the ROOKE (8050) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 180511District 04Field 78123925CondensateGasSaveExport
Value, all time
$2.5 M
Nov 2000 – Sep 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
59
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1991-05-06
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: AOF-1 AND AOF-2 EFFECTIVE 06/01/96.

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
CondensateDisposition6,144 bbl$155,547
GasProduction420,030 Mcf$2,331,254
Total$2,486,801

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 28.1055, -97.3895. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.10546, -97.38950 · 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
8,400 ft
1 wells filed one
Completion to plug
4.8 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 8,400 ft.

Completions filed
Nov 2000
1 of 1 wells
Plug dates filed
Sep 2005
1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-409326541768,400 ftNov 2000Sep 2005Yes

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 (59)

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

59 months

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 200327030.266.30$817
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 2003633726.314.75$1,758
Aug 20031594,08729.765.13$25,697
Jul 200361,73029.415.17$9,122
Jun 200301,97128.565.98$11,792
May 200302,35726.595.97$14,078
Apr 20031922,88426.675.41$20,715
Mar 200301,25131.146.10$7,626
Feb 2003084233.487.93$6,674
Jan 20031761,77730.315.58$15,254
Dec 20021593,79726.914.85$22,708
Nov 200202,43824.664.14$10,086
Oct 200203,03126.464.23$12,818
Sep 200205,22727.443.64$19,001
Aug 200205,19325.963.16$16,431
Jul 20021736,27824.583.06$23,474
Jun 200205,05023.733.34$16,858
May 20021855,72624.663.58$25,084
Apr 200206,18423.653.51$21,720
Mar 20021787,53122.003.10$27,283
Feb 20021789,71518.222.38$26,323
Jan 2002011,60517.172.38$27,570
Dec 20012829,37116.932.36$26,931
Nov 2001010,20418.072.41$24,546
Oct 200135511,00319.782.53$34,847
Sep 200118412,46024.262.25$32,515
Aug 200147413,63124.873.05$53,406
Jul 2001016,49623.933.20$52,739
Jun 200115717,17124.563.82$69,521
May 200118017,88125.524.31$81,613
Apr 200137920,78424.685.34$120,243
Mar 200118728,38824.545.38$157,215
Feb 200168833,60827.755.77$212,912
Jan 200189751,10527.478.40$453,859
Dec 200092279,57526.889.12$750,706
Nov 200009,34232.215.66$52,857

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.

Dec 2003 — as filed, then multipliedworked
Condensate            27 bbl  × $ 30.26 =       $817
Gas                    0 Mcf  × $  6.30 =         $0

────────────────────────────────────────────────────
Month total                                     $817

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/180511 is the state's own key, not one this site invented.