WEIL

Operated by SAMSON EXPLORATION, LLC (P-5 744835) in the T-BIRD (QUEEN CITY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 239593District 04Field 878427652 tax incentive programmesCondensateGasSaveExport
Value, all time
$532 k
May 2008 – Jun 2012
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
50
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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
1999-04-02
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 09/01/2000.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112008-12-05187417
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition958 bbl$82,016
GasProduction62,456 Mcf$449,859
Total$531,875

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 27.0299, -98.6884. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.02993, -98.68843 · 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
10,530 ft
1 wells filed one
Completion to plug
3.8 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 10,530 ft.

Completions filed
May 2008
1 of 1 wells
Plug dates filed
Mar 2012
1 of 1 wells

Last completion to plug: a median of 3.8 years across the 1 well that filed both dates, with the middle half between 3.8 years and 3.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24732421110,530 ftMay 2008Mar 2012Yes

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 (50)

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

50 months

Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 2011039484.983.65$1,438
Sep 2011078283.623.99$3,117
Aug 2011098483.404.15$4,083
Jul 201101,25994.144.52$5,687
Jun 2011055592.904.64$2,575
May 20110098.134.40$0
Apr 2011033105.964.33$143
Mar 2011029596.364.06$1,197
Feb 201101885.644.18$75
Jan 2011091486.504.59$4,194
Dec 2010080885.734.35$3,513
Nov 2010057180.843.80$2,167
Oct 2010091878.103.51$3,221
Sep 2010021872.633.98$868
Aug 2010056273.684.42$2,484
Jul 2010062872.554.74$2,975
Jun 2010066970.364.91$3,285
May 20102587571.124.24$5,484
Apr 20101751,13981.694.12$18,991
Mar 201001,02978.394.39$4,516
Feb 2010087073.585.44$4,735
Jan 201001,16174.365.96$6,924
Dec 2009077671.445.48$4,255
Nov 200901,26874.593.75$4,757
Oct 200901,18272.544.11$4,858
Sep 2009094565.543.06$2,896
Aug 200901,28867.423.22$4,145
Jul 200901,39161.133.46$4,819
Jun 200901,17866.163.90$4,588
May 20093591,43654.743.93$25,289
Apr 200901,55146.773.59$5,564
Mar 200901,68342.144.06$6,831
Feb 200901,80032.814.63$8,339
Jan 200901,81235.865.37$9,732
Dec 200801,78037.105.98$10,639
Nov 200802,19655.496.86$15,065
Oct 200802,61575.246.92$18,101
Sep 20082052,992101.767.88$44,429
Aug 200803,729114.228.48$31,633
Jul 20081944,752131.0811.39$79,552
Jun 200806,591131.3313.03$85,898
May 200806,809123.1711.57$78,809

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.

Oct 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 84.98 =         $0
Gas                  394 Mcf  × $  3.65 =     $1,438

────────────────────────────────────────────────────
Month total                                   $1,438

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/239593 is the state's own key, not one this site invented.