WELDER FORD

Operated by DALLAS PETROLEUM GROUP, LLC (P-5 197688) in the TAFT, WEST (5600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 266216District 04Field 88132747CondensateGasSave
Value, all time
$7.6 M
Feb 2012 – May 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
88
no gaps in the span
Streams
2
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.

StreamBasisVolumeValue
CondensateDisposition84,970 bbl$7,217,769
GasProduction127,783 Mcf$427,024
Total$7,644,793

Every month this lease reported (88)

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

88 months

May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 201781242145.373.26$38,214
Apr 2017354447.933.21$16,980
Mar 201752311846.772.98$24,813
Feb 201769939950.452.95$36,443
Jan 201771144549.413.42$36,652
Dec 201671328048.763.72$35,808
Nov 201646812042.492.64$20,203
Oct 20161,2901,02446.193.09$62,750
Sep 20161,2431,07541.553.10$54,980
Aug 20161,7682,04441.442.92$79,243
Jul 20161,78582941.622.92$76,716
Jun 20160245.352.69$5
May 201601442.521.99$28
Apr 20160936.561.99$18
Mar 2016147033.011.79$4,852
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150356.152.88$9
May 20150355.212.96$9
Apr 201533147449.822.71$17,773
Mar 20153475642.892.93$15,047
Feb 201569698044.662.98$34,000
Jan 20151,39511743.433.10$60,948
Dec 20141,20992854.693.59$69,453
Nov 20141,7411,06570.464.25$127,199
Oct 20141,9041,23678.303.90$153,905
Sep 20141,8861,83586.164.05$169,921
Aug 20142,6002,87889.394.04$244,027
Jul 20142,4333,52996.564.18$249,680
Jun 20142,7914,18898.164.74$293,803
May 20142,6123,51394.734.73$264,039
Apr 20142,0942,21995.944.81$211,570
Mar 20141,5061,14395.895.06$150,190
Feb 20141,57080297.406.19$157,884
Jan 20142,05498890.404.86$190,484
Dec 20132,7581,43791.824.35$259,497
Nov 20132,40872888.853.74$216,672
Oct 20133,2921,14697.423.78$325,038
Sep 20132,7721,447104.113.72$293,972
Aug 20133,1441,647104.253.52$333,564
Jul 20133,1162,082102.523.72$327,193
Jun 20132,8611,63094.403.93$276,490
May 20132,7811,15394.834.15$268,506
Apr 20133,6962,80493.964.28$359,285
Mar 20132,8222,27793.623.91$273,105
Feb 20133,1283,57691.233.42$297,597
Jan 20133,1994,24591.603.42$307,546
Dec 20121,7573,15986.773.42$163,259
Nov 20122,4454,14686.953.62$227,622
Oct 20122,1155,40289.383.40$207,404
Sep 20121,8686,49494.672.92$195,796
Aug 20121,5829,97292.662.91$175,588
Jul 201253312,35985.133.02$82,708
Jun 201269013,13279.822.52$88,156
May 201232112,98691.612.49$61,720
Apr 201203,220101.652.00$6,430
Mar 201200105.052.22$0
Feb 201200101.102.57$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.

May 2017 — as filed, then multipliedworked
Condensate           812 bbl  × $ 45.37 =    $36,840
Gas                  421 Mcf  × $  3.26 =     $1,374

────────────────────────────────────────────────────
Month total                                  $38,214

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/266216 is the state's own key, not one this site invented.