WELDER HEIRS 71

Operated by SIMRAY GP, LLC (P-5 784155) 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 241983District 04Field 823844002 tax incentive programmesCondensateGasSaveExport
Value, all time
$631 k
Jul 2008 – Mar 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
69
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112011-09-30202472
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
CondensateDisposition1 bbl$87
GasProduction107,076 Mcf$630,417
Total$630,503

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 27.9392, -98.5537. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.93922, -98.55373 · 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
0.0%
0 of 1 wells
Median depth
15,050 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 15,050 ft.

Completions filed
Oct 2012
1 of 1 wells

1 well

42-13139092215,050 ftOct 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 (69)

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

69 months

Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012011494.672.92$333
Aug 201201692.662.91$47
Jul 2012034085.133.02$1,027
Jun 2012045679.822.52$1,149
May 2012051291.612.49$1,274
Apr 20120631101.652.00$1,260
Mar 20120624105.052.22$1,387
Feb 20120583101.102.57$1,498
Jan 2012025898.092.73$705
Dec 2011064896.873.24$2,099
Nov 2011074295.723.31$2,457
Oct 2011070984.983.65$2,587
Sep 2011064883.623.99$2,583
Aug 201101,19983.404.15$4,975
Jul 2011033694.144.52$1,518
Jun 2011049392.904.64$2,287
May 2011065498.134.40$2,881
Apr 20110774105.964.33$3,354
Mar 2011084096.364.06$3,408
Feb 2011084685.644.18$3,536
Jan 2011198786.504.59$4,616
Dec 2010094585.734.35$4,109
Nov 2010098380.843.80$3,731
Oct 201001,20378.103.51$4,221
Sep 201001,03672.633.98$4,123
Aug 201001,21473.684.42$5,365
Jul 2010060372.554.74$2,856
Jun 2010091070.364.91$4,468
May 2010090971.124.24$3,850
Apr 2010086681.694.12$3,570
Mar 201001,14778.394.39$5,034
Feb 2010065073.585.44$3,538
Jan 2010079074.365.96$4,712
Dec 200901,18271.445.48$6,482
Nov 200901,08074.593.75$4,052
Oct 200901,13872.544.11$4,677
Sep 200901,44465.543.06$4,426
Aug 200902,51867.423.22$8,104
Jul 200902,96661.133.46$10,276
Jun 200903,09766.163.90$12,063
May 200903,20154.743.93$12,566
Apr 200903,47246.773.59$12,456
Mar 200903,78442.144.06$15,359
Feb 200903,84332.814.63$17,805
Jan 200904,72735.865.37$25,389
Dec 200806,44037.105.98$38,493
Nov 200805,97155.496.86$40,963
Oct 200807,45175.246.92$51,576
Sep 200809,932101.767.88$78,235
Aug 2008016,522114.228.48$140,156
Jul 200804,642131.0811.39$52,870

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.

Sep 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 94.67 =         $0
Gas                  114 Mcf  × $  2.92 =       $333

────────────────────────────────────────────────────
Month total                                     $333

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/241983 is the state's own key, not one this site invented.