WELDER, J. F. HEIRS

Name: WELDER, J. F. HEIRS lease production and value, Nov 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WAGNER OIL COMPANY (P-5 891175) in the ANGELITA, EAST (6900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 220134District 04Field 02853500CondensateGasSave

Value, all time

$9.9 M

Nov 2005 – Jun 2017

Value, last 12 filed months

$264 k

at the published price for each month

Months reported

140

no gaps in the span

Streams

condensate, gas

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	107,836 bbl	$8,214,466
Gas	Production	262,143 Mcf	$1,690,154
Total			$9,904,620

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 27.9105, -97.6277. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.91051, -97.62768 · 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

7,224 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 7,224 ft.

Completions filed

Jun 2017

1 of 1 wells

1 well


42-40932785	1SB	7,224 ft	Jun 2017	—	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 (140)

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

140 months


Jun 2017	74	0	42.49	3.09	$3,144
May 2017	355	403	45.37	3.26	$17,422
Apr 2017	487	867	47.93	3.21	$26,126
Mar 2017	539	1,016	46.77	2.98	$28,240
Feb 2017	406	791	50.45	2.95	$22,818
Jan 2017	522	892	49.41	3.42	$28,842
Dec 2016	501	1,005	48.76	3.72	$28,170
Nov 2016	488	952	42.49	2.64	$23,253
Oct 2016	488	866	46.19	3.09	$25,217
Sep 2016	454	942	41.55	3.10	$21,784
Aug 2016	408	779	41.44	2.92	$19,186
Jul 2016	424	566	41.62	2.92	$19,302
Jun 2016	447	383	45.35	2.69	$21,300
May 2016	595	353	42.52	1.99	$26,002
Apr 2016	375	318	36.56	1.99	$14,343
Mar 2016	649	336	33.01	1.79	$22,026
Feb 2016	524	465	26.47	2.06	$14,830
Jan 2016	650	380	27.35	2.36	$18,676
Dec 2015	513	568	32.36	2.00	$17,737
Nov 2015	458	630	38.79	2.17	$19,131
Oct 2015	595	732	43.55	2.43	$27,689
Sep 2015	605	687	42.99	2.76	$27,904
Aug 2015	593	714	40.16	2.87	$25,866
Jul 2015	609	890	48.15	2.95	$31,944
Jun 2015	515	708	56.15	2.88	$30,958
May 2015	626	684	55.21	2.96	$36,583
Apr 2015	630	421	49.82	2.71	$32,526
Mar 2015	520	452	42.89	2.93	$23,629
Feb 2015	556	563	44.66	2.98	$26,507
Jan 2015	667	613	43.43	3.10	$30,869
Dec 2014	673	663	54.69	3.59	$39,187
Nov 2014	533	686	70.46	4.25	$40,472
Oct 2014	826	501	78.30	3.90	$66,630
Sep 2014	640	391	86.16	4.05	$56,724
Aug 2014	699	479	89.39	4.04	$64,416
Jul 2014	684	605	96.56	4.18	$68,576
Jun 2014	396	627	98.16	4.74	$41,841
May 2014	743	400	94.73	4.73	$72,275
Apr 2014	439	252	95.94	4.81	$43,330
Mar 2014	813	761	95.89	5.06	$81,807
Feb 2014	540	953	97.40	6.19	$58,497
Jan 2014	849	920	90.40	4.86	$81,221
Dec 2013	606	637	91.82	4.35	$58,417
Nov 2013	823	538	88.85	3.74	$75,135
Oct 2013	651	335	97.42	3.78	$64,687
Sep 2013	685	716	104.11	3.72	$73,977
Aug 2013	640	463	104.25	3.52	$68,351
Jul 2013	782	426	102.52	3.72	$81,754
Jun 2013	654	316	94.40	3.93	$62,981
May 2013	901	371	94.83	4.15	$86,981
Apr 2013	664	425	93.96	4.28	$64,210
Mar 2013	657	511	93.62	3.91	$63,508
Feb 2013	788	686	91.23	3.42	$74,235
Jan 2013	662	713	91.60	3.42	$63,078
Dec 2012	789	714	86.77	3.42	$70,904
Nov 2012	987	1,095	86.95	3.62	$89,789
Oct 2012	823	682	89.38	3.40	$75,878
Sep 2012	814	691	94.67	2.92	$79,078
Aug 2012	768	1,047	92.66	2.91	$74,208
Jul 2012	991	1,053	85.13	3.02	$87,545
Jun 2012	1,001	932	79.82	2.52	$82,248
May 2012	862	1,272	91.61	2.49	$82,133
Apr 2012	959	762	101.65	2.00	$99,004
Mar 2012	921	874	105.05	2.22	$98,693
Feb 2012	905	831	101.10	2.57	$93,631
Jan 2012	921	786	98.09	2.73	$92,490
Dec 2011	1,117	811	96.87	3.24	$110,831
Nov 2011	943	604	95.72	3.31	$92,264
Oct 2011	960	608	84.98	3.65	$83,799
Sep 2011	922	513	83.62	3.99	$79,142
Aug 2011	1,069	568	83.40	4.15	$91,511
Jul 2011	953	537	94.14	4.52	$92,141
Jun 2011	920	689	92.90	4.64	$88,665
May 2011	1,093	597	98.13	4.40	$109,886
Apr 2011	1,094	632	105.96	4.33	$118,659
Mar 2011	1,224	609	96.36	4.06	$120,416
Feb 2011	935	666	85.64	4.18	$82,857
Jan 2011	969	704	86.50	4.59	$87,049
Dec 2010	1,078	550	85.73	4.35	$94,808
Nov 2010	1,203	602	80.84	3.80	$99,535
Oct 2010	1,186	605	78.10	3.51	$94,749
Sep 2010	1,066	517	72.63	3.98	$79,481
Aug 2010	1,176	648	73.68	4.42	$89,511
Jul 2010	1,190	626	72.55	4.74	$89,300
Jun 2010	1,050	617	70.36	4.91	$76,908
May 2010	1,189	762	71.12	4.24	$87,789
Apr 2010	1,204	549	81.69	4.12	$100,618
Mar 2010	1,130	456	78.39	4.39	$90,582
Feb 2010	859	506	73.58	5.44	$65,959
Jan 2010	1,494	714	74.36	5.96	$115,352
Dec 2009	1,036	598	71.44	5.48	$77,291
Nov 2009	1,048	510	74.59	3.75	$80,084
Oct 2009	1,139	469	72.54	4.11	$84,551
Sep 2009	1,152	596	65.54	3.06	$77,329
Aug 2009	1,189	565	67.42	3.22	$81,981
Jul 2009	1,267	864	61.13	3.46	$80,445
Jun 2009	1,208	798	66.16	3.90	$83,029
May 2009	1,100	996	54.74	3.93	$64,124
Apr 2009	1,184	540	46.77	3.59	$57,313
Mar 2009	1,120	626	42.14	4.06	$49,738
Feb 2009	1,052	507	32.81	4.63	$36,865
Jan 2009	1,246	620	35.86	5.37	$48,012
Dec 2008	1,337	623	37.10	5.98	$53,326
Nov 2008	1,008	556	55.49	6.86	$59,748
Oct 2008	1,014	530	75.24	6.92	$79,962
Sep 2008	592	362	101.76	7.88	$63,093
Aug 2008	849	322	114.22	8.48	$99,704
Jul 2008	629	457	131.08	11.39	$87,654
Jun 2008	692	530	131.33	13.03	$97,788
May 2008	691	715	123.17	11.57	$93,386
Apr 2008	744	430	110.31	10.45	$86,566
Mar 2008	843	469	101.90	9.66	$90,434
Feb 2008	1,054	739	92.53	8.77	$104,008
Jan 2008	1,221	1,137	90.38	8.21	$119,684
Dec 2007	1,919	1,290	88.33	7.30	$178,925
Nov 2007	1,670	1,038	91.67	7.29	$160,658
Oct 2007	1,980	1,164	82.85	6.92	$172,100
Sep 2007	1,964	1,318	75.84	6.24	$157,180
Aug 2007	2,187	1,058	69.06	6.39	$157,793
Jul 2007	1,812	1,066	70.90	6.39	$135,280
Jun 2007	1,475	475	62.00	7.55	$95,036
May 2007	749	571	58.74	7.85	$48,476
Apr 2007	414	890	59.61	7.81	$31,625
Mar 2007	314	870	56.92	7.30	$24,226
Feb 2007	229	117	55.10	8.22	$13,579
Jan 2007	99	81	50.30	6.73	$5,525
Dec 2006	51	782	56.65	6.92	$8,299
Nov 2006	4	4,650	54.20	7.62	$35,638
Oct 2006	12	12,420	54.90	6.01	$75,350
Sep 2006	10	18,642	60.08	5.04	$94,504
Aug 2006	9	17,649	68.71	7.34	$130,161
Jul 2006	1	18,147	69.37	6.34	$115,171
Jun 2006	1	16,317	66.28	6.38	$104,232
May 2006	3	17,615	66.01	6.42	$113,374
Apr 2006	15	14,448	64.39	7.36	$107,310
Mar 2006	27	13,522	56.70	7.08	$97,306
Feb 2006	24	12,799	57.59	7.75	$100,589
Jan 2006	40	16,135	60.59	8.93	$146,563
Dec 2005	17	10,329	54.94	13.42	$139,502
Nov 2005	9	6,411	54.69	10.59	$68,374

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 2017 — as filed, then multipliedworked

Condensate            74 bbl  × $ 42.49 =     $3,144
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $3,144

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/220134 is the state's own key, not one this site invented.