OCKER

Operated by WELDER EXPLORATION & PROD., INC. (P-5 907297) in the RIVERSIDE (5900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 267770District 04Field 77047705CondensateGasSaveExport
Value, all time
$561 k
Apr 2012 – May 2014
Value, last 12 filed months
$170 k
at the published price for each month
Months reported
26
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1996-07-01
as the register files it
Field class
Oil and 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: FIELD IN ACCORDANCE WITH SWR 49(B) EFFECTIVE 9-1-96.

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
CondensateDisposition1,807 bbl$168,572
GasProduction111,505 Mcf$392,264
Total$560,836

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 27.8766, -97.7419. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.87659, -97.74186 · 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
6,715 ft
1 wells filed one
Completion to plug
3 months
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 6,715 ft.

Completions filed
Feb 2014
1 of 1 wells
Plug dates filed
May 2014
1 of 1 wells

Last completion to plug: a median of 3 months across the 1 well that filed both dates, with the middle half between 3 months and 3 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3553405216,715 ftFeb 2014May 2014Yes

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 (26)

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

26 months

May 201459094.734.73$5,589
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 201301,22288.853.74$4,568
Oct 201302,43797.423.78$9,210
Sep 201302,698104.113.72$10,030
Aug 20131173,335104.253.52$23,945
Jul 201308,154102.523.72$30,314
Jun 201335213,61494.403.93$86,778
May 201307,57494.834.15$31,425
Apr 201305,65793.964.28$24,227
Mar 20131755,31293.623.91$37,169
Feb 201304,85891.233.42$16,614
Jan 20131813,82191.603.42$29,647
Dec 20121704,84086.773.42$31,304
Nov 201207,87586.953.62$28,547
Oct 20121979,33689.383.40$49,347
Sep 201235611,61494.672.92$67,597
Aug 201220010,80792.662.91$49,960
Jul 201207,24685.133.02$21,889
Jun 2012089679.822.52$2,257
May 20120091.612.49$0
Apr 20120209101.652.00$417

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 2014 — as filed, then multipliedworked
Condensate            59 bbl  × $ 94.73 =     $5,589
Gas                    0 Mcf  × $  4.73 =         $0

────────────────────────────────────────────────────
Month total                                   $5,589

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/267770 is the state's own key, not one this site invented.