WELDER HEIRS

Name: WELDER HEIRS lease production and value, Aug 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SOUTH TEXAS OPERATING COMPANY (P-5 802845) in the SEVEN SISTERS, S. (WILCOX, LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 208121District 04Field 823844002 tax incentive programmesCondensateGasSave Export

Value, all time

$15.5 M

Aug 2004 – Jun 2020

Value, last 12 filed months

$593

at the published price for each month

Months reported

191

no gaps in the span

Streams

condensate, gas

The SEVEN SISTERS, S. (WILCOX, LO.) 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 11 leases and 11 wells, and the rule below applies to all of them.

Discovered

1987-06-01

as the register files it

Field class

Gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2008-02-12.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA TO REMAIN SUSPENDED.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2005-09-19	164975
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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	165 bbl	$9,902
Gas	Production	2,840,907 Mcf	$15,500,038
Total			$15,509,940

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 27.9518, -98.5341. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.95179, -98.53411 · 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

14,900 ft

1 wells filed one

Completion to plug

15.8 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 14,900 ft.

Completions filed

Aug 2004

1 of 1 wells

Plug dates filed

Jun 2020

1 of 1 wells

Last completion to plug: a median of 15.8 years across the 1 well that filed both dates, with the middle half between 15.8 years and 15.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-13138696	1	14,900 ft	Aug 2004	Jun 2020	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 (191)

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

191 months


Jun 2020	17	0	34.90	1.69	$593
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	7,292	58.48	2.74	$19,982
Apr 2019	0	11,362	62.63	2.75	$31,253
Mar 2019	0	13,258	56.80	3.06	$40,597
Feb 2019	0	13,015	50.85	2.79	$36,341
Jan 2019	0	15,127	46.03	3.23	$48,833
Dec 2018	0	9,499	46.59	4.19	$39,757
Nov 2018	0	12,088	52.93	4.24	$51,220
Oct 2018	0	13,153	61.44	3.40	$44,695
Sep 2018	0	14,864	59.54	3.11	$46,197
Aug 2018	0	11,324	59.40	3.07	$34,726
Jul 2018	0	14,435	65.14	2.93	$42,322
Jun 2018	0	12,795	60.18	3.08	$39,369
May 2018	0	11,174	65.38	2.90	$32,414
Apr 2018	0	9,803	63.84	2.90	$28,437
Mar 2018	0	8,546	61.22	2.79	$23,816
Feb 2018	0	10,403	61.78	2.77	$28,776
Jan 2018	0	10,352	62.87	4.01	$41,504
Dec 2017	0	12,685	57.27	2.92	$37,059
Nov 2017	0	12,539	55.42	3.12	$39,101
Oct 2017	0	12,392	49.29	2.98	$36,974
Sep 2017	0	9,989	47.52	3.09	$30,839
Aug 2017	0	11,486	45.37	3.00	$34,509
Jul 2017	0	14,542	43.87	3.09	$44,895
Jun 2017	0	14,959	42.49	3.09	$46,183
May 2017	0	14,339	45.37	3.26	$46,794
Apr 2017	0	12,197	47.93	3.21	$39,172
Mar 2017	0	14,900	46.77	2.98	$44,457
Feb 2017	0	11,608	50.45	2.95	$34,274
Jan 2017	0	14,054	49.41	3.42	$48,048
Dec 2016	0	13,248	48.76	3.72	$49,320
Nov 2016	0	13,481	42.49	2.64	$35,648
Oct 2016	0	16,905	46.19	3.09	$52,241
Sep 2016	0	16,569	41.55	3.10	$51,374
Aug 2016	0	14,515	41.44	2.92	$42,447
Jul 2016	0	17,701	41.62	2.92	$51,764
Jun 2016	0	14,386	45.35	2.69	$38,638
May 2016	0	12,571	42.52	1.99	$25,029
Apr 2016	0	14,638	36.56	1.99	$29,145
Mar 2016	0	18,974	33.01	1.79	$34,040
Feb 2016	0	7,838	26.47	2.06	$16,175
Jan 2016	0	11,737	27.35	2.36	$27,750
Dec 2015	0	16,810	32.36	2.00	$33,644
Nov 2015	0	21,248	38.79	2.17	$46,051
Oct 2015	0	12,327	43.55	2.43	$29,912
Sep 2015	0	12,955	42.99	2.76	$35,735
Aug 2015	0	13,926	40.16	2.87	$40,002
Jul 2015	0	12,996	48.15	2.95	$38,274
Jun 2015	0	15,156	56.15	2.88	$43,693
May 2015	0	14,805	55.21	2.96	$43,755
Apr 2015	0	16,366	49.82	2.71	$44,296
Mar 2015	0	15,125	42.89	2.93	$44,387
Feb 2015	0	16,423	44.66	2.98	$48,878
Jan 2015	0	17,363	43.43	3.10	$53,836
Dec 2014	0	18,838	54.69	3.59	$67,654
Nov 2014	0	10,365	70.46	4.25	$44,070
Oct 2014	0	15,997	78.30	3.90	$62,404
Sep 2014	0	16,937	86.16	4.05	$68,518
Aug 2014	0	14,742	89.39	4.04	$59,486
Jul 2014	0	17,945	96.56	4.18	$75,003
Jun 2014	0	19,308	98.16	4.74	$91,460
May 2014	0	17,864	94.73	4.73	$84,435
Apr 2014	0	20,256	95.94	4.81	$97,414
Mar 2014	0	23,716	95.89	5.06	$119,927
Feb 2014	0	20,470	97.40	6.19	$126,750
Jan 2014	0	27,565	90.40	4.86	$133,986
Dec 2013	0	15,134	91.82	4.35	$65,901
Nov 2013	0	5,288	88.85	3.74	$19,768
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	5,250	91.60	3.42	$17,955
Dec 2012	0	5,798	86.77	3.42	$19,830
Nov 2012	0	5,412	86.95	3.62	$19,618
Oct 2012	0	643	89.38	3.40	$2,186
Sep 2012	0	5,018	94.67	2.92	$14,645
Aug 2012	0	5,936	92.66	2.91	$17,263
Jul 2012	0	6,432	85.13	3.02	$19,430
Jun 2012	0	6,492	79.82	2.52	$16,354
May 2012	0	6,443	91.61	2.49	$16,032
Apr 2012	0	6,280	101.65	2.00	$12,540
Mar 2012	0	7,126	105.05	2.22	$15,835
Feb 2012	0	6,082	101.10	2.57	$15,632
Jan 2012	0	6,082	98.09	2.73	$16,629
Dec 2011	0	9,683	96.87	3.24	$31,370
Nov 2011	0	9,172	95.72	3.31	$30,371
Oct 2011	0	7,020	84.98	3.65	$25,613
Sep 2011	0	8,299	83.62	3.99	$33,078
Aug 2011	0	10,263	83.40	4.15	$42,584
Jul 2011	0	9,066	94.14	4.52	$40,953
Jun 2011	0	9,519	92.90	4.64	$44,167
May 2011	0	13,279	98.13	4.40	$58,492
Apr 2011	0	13,661	105.96	4.33	$59,197
Mar 2011	0	11,454	96.36	4.06	$46,473
Feb 2011	0	8,530	85.64	4.18	$35,655
Jan 2011	0	9,243	86.50	4.59	$42,414
Dec 2010	0	12,998	85.73	4.35	$56,512
Nov 2010	0	13,674	80.84	3.80	$51,897
Oct 2010	0	14,481	78.10	3.51	$50,812
Sep 2010	0	14,451	72.63	3.98	$57,507
Aug 2010	0	13,932	73.68	4.42	$61,571
Jul 2010	0	12,915	72.55	4.74	$61,172
Jun 2010	0	10,770	70.36	4.91	$52,885
May 2010	0	12,027	71.12	4.24	$50,937
Apr 2010	0	13,359	81.69	4.12	$55,075
Mar 2010	0	15,941	78.39	4.39	$69,960
Feb 2010	0	15,339	73.58	5.44	$83,480
Jan 2010	0	16,423	74.36	5.96	$97,948
Dec 2009	0	16,405	71.44	5.48	$89,961
Nov 2009	0	11,714	74.59	3.75	$43,945
Oct 2009	0	12,549	72.54	4.11	$51,580
Sep 2009	0	15,405	65.54	3.06	$47,212
Aug 2009	0	20,271	67.42	3.22	$65,242
Jul 2009	0	18,706	61.13	3.46	$64,807
Jun 2009	0	18,425	66.16	3.90	$71,765
May 2009	0	17,120	54.74	3.93	$67,209
Apr 2009	0	17,372	46.77	3.59	$62,322
Mar 2009	0	16,069	42.14	4.06	$65,224
Feb 2009	0	17,399	32.81	4.63	$80,610
Jan 2009	4	18,973	35.86	5.37	$102,047
Dec 2008	0	17,642	37.10	5.98	$105,449
Nov 2008	0	14,458	55.49	6.86	$99,187
Oct 2008	0	15,210	75.24	6.92	$105,283
Sep 2008	2	13,696	101.76	7.88	$108,088
Aug 2008	5	16,508	114.22	8.48	$140,609
Jul 2008	4	20,303	131.08	11.39	$231,764
Jun 2008	7	23,336	131.33	13.03	$305,049
May 2008	1	23,114	123.17	11.57	$267,651
Apr 2008	1	12,705	110.31	10.45	$132,939
Mar 2008	1	12,746	101.90	9.66	$123,280
Feb 2008	2	11,452	92.53	8.77	$100,626
Jan 2008	0	12,652	90.38	8.21	$103,819
Dec 2007	0	12,176	88.33	7.30	$88,909
Nov 2007	3	13,211	91.67	7.29	$96,606
Oct 2007	1	13,869	82.85	6.92	$96,084
Sep 2007	1	12,897	75.84	6.24	$80,607
Aug 2007	2	13,390	69.06	6.39	$85,673
Jul 2007	1	17,622	70.90	6.39	$112,639
Jun 2007	3	23,867	62.00	7.55	$180,345
May 2007	0	20,701	58.74	7.85	$162,426
Apr 2007	1	14,489	59.61	7.81	$113,149
Mar 2007	2	14,326	56.92	7.30	$104,722
Feb 2007	2	18,952	55.10	8.22	$155,820
Jan 2007	2	21,182	50.30	6.73	$142,589
Dec 2006	2	20,082	56.65	6.92	$139,049
Nov 2006	2	20,255	54.20	7.62	$154,400
Oct 2006	3	21,298	54.90	6.01	$128,247
Sep 2006	0	21,484	60.08	5.04	$108,219
Aug 2006	3	22,709	68.71	7.34	$166,888
Jul 2006	1	23,193	69.37	6.34	$147,177
Jun 2006	2	21,950	66.28	6.38	$140,259
May 2006	3	16,520	66.01	6.42	$106,339
Apr 2006	1	16,961	64.39	7.36	$124,905
Mar 2006	3	18,878	56.70	7.08	$133,881
Feb 2006	0	23,710	57.59	7.75	$183,779
Jan 2006	3	27,581	60.59	8.93	$246,572
Dec 2005	1	27,758	54.94	13.42	$372,440
Nov 2005	5	29,247	54.69	10.59	$309,952
Oct 2005	3	28,032	58.34	13.80	$386,898
Sep 2005	0	17,303	61.45	12.08	$209,003
Aug 2005	3	28,619	61.51	9.80	$280,560
Jul 2005	0	20,590	55.69	7.84	$161,501
Jun 2005	5	28,223	52.33	7.38	$208,577
May 2005	5	35,988	45.22	6.65	$239,588
Apr 2005	2	20,974	49.20	7.36	$154,477
Mar 2005	3	28,811	50.37	7.15	$206,290
Feb 2005	6	29,455	45.22	6.31	$186,189
Jan 2005	7	43,405	43.16	6.32	$274,717
Dec 2004	6	45,320	39.86	6.75	$306,198
Nov 2004	0	53,038	45.28	6.33	$335,753
Oct 2004	15	96,888	49.70	6.52	$631,981
Sep 2004	19	125,554	43.24	5.28	$664,236
Aug 2004	0	21,008	42.37	5.55	$116,608

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.

Jun 2020 — as filed, then multipliedworked

Condensate            17 bbl  × $ 34.90 =       $593
Gas                    0 Mcf  × $  1.69 =         $0

────────────────────────────────────────────────────
Month total                                     $593

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/208121 is the state's own key, not one this site invented.