WELDER HEIRS

Name: WELDER HEIRS lease production and value, Jul 2002 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SUEMAUR EXPL. & PROD., LLC (P-5 828321) in the ODEM (7500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 191515District 04Field 66762940CondensateGasSave Export

Value, all time

$22.3 M

Jul 2002 – Sep 2012

Value, last 12 filed months

$72 k

at the published price for each month

Months reported

123

no gaps in the span

Streams

condensate, gas

The ODEM (7500) 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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered

1974-05-18

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 07/01/2006.”

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	19,907 bbl	$1,139,287
Gas	Production	3,193,002 Mcf	$21,204,805
Total			$22,344,092

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 27.9449, -97.6697. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.94493, -97.66965 · 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

8,700 ft

1 wells filed one

Completion to plug

10.2 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 8,700 ft.

Completions filed

Jul 2002

1 of 1 wells

Plug dates filed

Sep 2012

1 of 1 wells

Last completion to plug: a median of 10.2 years across the 1 well that filed both dates, with the middle half between 10.2 years and 10.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-40932701	5	8,700 ft	Jul 2002	Sep 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 (123)

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

123 months


Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	81	0	101.65	2.00	$8,234
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	1,855	96.87	3.24	$6,010
Nov 2011	0	8,031	95.72	3.31	$26,593
Oct 2011	0	8,474	84.98	3.65	$30,918
Sep 2011	182	9,020	83.62	3.99	$51,171
Aug 2011	0	9,798	83.40	4.15	$40,655
Jul 2011	0	9,248	94.14	4.52	$41,775
Jun 2011	1	8,679	92.90	4.64	$40,362
May 2011	0	10,616	98.13	4.40	$46,762
Apr 2011	152	11,086	105.96	4.33	$64,145
Mar 2011	0	12,061	96.36	4.06	$48,936
Feb 2011	179	11,317	85.64	4.18	$62,634
Jan 2011	0	13,024	86.50	4.59	$59,764
Dec 2010	0	13,043	85.73	4.35	$56,708
Nov 2010	158	12,801	80.84	3.80	$61,357
Oct 2010	1	13,293	78.10	3.51	$46,722
Sep 2010	177	13,137	72.63	3.98	$65,134
Aug 2010	0	14,007	73.68	4.42	$61,902
Jul 2010	0	14,109	72.55	4.74	$66,827
Jun 2010	184	13,890	70.36	4.91	$81,152
May 2010	0	15,138	71.12	4.24	$64,113
Apr 2010	180	15,576	81.69	4.12	$78,919
Mar 2010	0	17,872	78.39	4.39	$78,434
Feb 2010	1	17,363	73.58	5.44	$94,569
Jan 2010	188	20,759	74.36	5.96	$137,788
Dec 2009	197	21,842	71.44	5.48	$133,850
Nov 2009	2	21,969	74.59	3.75	$82,566
Oct 2009	184	22,535	72.54	4.11	$105,972
Sep 2009	179	23,984	65.54	3.06	$85,237
Aug 2009	2	27,539	67.42	3.22	$88,769
Jul 2009	360	33,165	61.13	3.46	$136,907
Jun 2009	181	33,265	66.16	3.90	$141,542
May 2009	179	34,317	54.74	3.93	$144,518
Apr 2009	180	32,642	46.77	3.59	$125,522
Mar 2009	183	33,693	42.14	4.06	$144,472
Feb 2009	184	30,285	32.81	4.63	$146,347
Jan 2009	175	33,715	35.86	5.37	$187,359
Dec 2008	182	33,019	37.10	5.98	$204,111
Nov 2008	182	32,599	55.49	6.86	$233,740
Oct 2008	185	35,063	75.24	6.92	$256,625
Sep 2008	360	33,652	101.76	7.88	$301,713
Aug 2008	182	35,565	114.22	8.48	$322,487
Jul 2008	186	35,715	131.08	11.39	$431,154
Jun 2008	177	35,199	131.33	13.03	$481,981
May 2008	180	36,489	123.17	11.57	$444,505
Apr 2008	184	33,693	110.31	10.45	$372,553
Mar 2008	191	34,181	101.90	9.66	$349,790
Feb 2008	183	31,876	92.53	8.77	$296,504
Jan 2008	193	33,029	90.38	8.21	$288,470
Dec 2007	187	36,215	88.33	7.30	$280,959
Nov 2007	178	37,284	91.67	7.29	$288,181
Oct 2007	270	36,670	82.85	6.92	$276,199
Sep 2007	180	33,745	75.84	6.24	$224,360
Aug 2007	182	35,832	69.06	6.39	$241,462
Jul 2007	170	36,017	70.90	6.39	$242,127
Jun 2007	181	35,732	62.00	7.55	$280,943
May 2007	358	38,832	58.74	7.85	$325,716
Apr 2007	176	36,588	59.61	7.81	$296,068
Mar 2007	178	36,592	56.92	7.30	$277,325
Feb 2007	182	32,873	55.10	8.22	$280,113
Jan 2007	355	36,129	50.30	6.73	$260,891
Dec 2006	172	35,227	56.65	6.92	$253,460
Nov 2006	178	33,145	54.20	7.62	$262,129
Oct 2006	179	33,506	54.90	6.01	$211,325
Sep 2006	178	34,844	60.08	5.04	$186,210
Aug 2006	176	34,148	68.71	7.34	$262,737
Jul 2006	357	36,842	69.37	6.34	$258,445
Jun 2006	179	33,526	66.28	6.38	$225,890
May 2006	182	36,147	66.01	6.42	$244,258
Apr 2006	179	33,322	64.39	7.36	$256,792
Mar 2006	357	33,707	56.70	7.08	$258,986
Feb 2006	181	35,351	57.59	7.75	$284,434
Jan 2006	179	32,947	60.59	8.93	$305,172
Dec 2005	186	35,351	54.94	13.42	$484,467
Nov 2005	180	33,574	54.69	10.59	$365,339
Oct 2005	179	34,905	58.34	13.80	$491,984
Sep 2005	354	36,962	61.45	12.08	$468,217
Aug 2005	173	36,381	61.51	9.80	$367,060
Jul 2005	351	35,373	55.69	7.84	$297,000
Jun 2005	180	33,214	52.33	7.38	$254,573
May 2005	183	34,186	45.22	6.65	$235,652
Apr 2005	354	36,225	49.20	7.36	$284,050
Mar 2005	180	37,028	50.37	7.15	$273,998
Feb 2005	179	32,832	45.22	6.31	$215,327
Jan 2005	358	33,620	43.16	6.32	$228,004
Dec 2004	180	34,058	39.86	6.75	$237,103
Nov 2004	171	27,822	45.28	6.33	$183,868
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	182	24,606	43.24	5.28	$137,885
Aug 2004	164	33,039	42.37	5.55	$190,337
Jul 2004	182	35,092	38.28	6.08	$220,473
Jun 2004	345	33,689	36.10	6.43	$229,177
May 2004	177	35,471	37.48	6.49	$237,003
Apr 2004	373	35,101	34.47	5.86	$218,495
Mar 2004	178	36,267	34.36	5.53	$206,678
Feb 2004	356	33,951	32.45	5.51	$198,609
Jan 2004	183	37,883	32.03	6.30	$244,511
Dec 2003	180	35,441	30.26	6.30	$228,783
Nov 2003	368	33,063	28.80	4.60	$162,528
Oct 2003	182	36,573	28.17	4.76	$179,201
Sep 2003	181	33,910	26.31	4.75	$165,813
Aug 2003	356	37,835	29.76	5.13	$204,678
Jul 2003	178	39,642	29.41	5.17	$210,217
Jun 2003	367	37,199	28.56	5.98	$233,042
May 2003	356	36,296	26.59	5.97	$226,250
Apr 2003	174	35,720	26.67	5.41	$197,789
Mar 2003	356	36,554	31.14	6.10	$233,920
Feb 2003	180	30,752	33.48	7.93	$249,763
Jan 2003	185	34,233	30.31	5.58	$196,697
Dec 2002	343	33,702	26.91	4.85	$172,812
Nov 2002	184	32,423	24.66	4.14	$138,670
Oct 2002	0	14,580	26.46	4.23	$61,661
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0

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.

Apr 2012 — as filed, then multipliedworked

Condensate            81 bbl  × $101.65 =     $8,234
Gas                    0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                   $8,234

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/191515 is the state's own key, not one this site invented.