WELDER HEIRS B-3

Operated by RIDDLE ENGINEERING CORP. (P-5 710900) in the LOMA NOVIA, NE. (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 84913District 04Field 54509498CondensateGasSave
Value, all time
$207 k
Jan 1993 – May 2003
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
125
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
CondensateDisposition1,147 bbl$20,644
GasProduction168,271 Mcf$186,304
Total$206,948

113,689 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 27.9410, -98.5450. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.94096, -98.54499 · 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
8,950 ft
1 wells filed one
Completion to plug
23.6 years
median over 1 wells

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 8,950 ft.

Completions filed
Oct 1979
1 of 1 wells
Plug dates filed
May 2003
1 of 1 wells

Last completion to plug: a median of 23.6 years across the 1 well that filed both dates, with the middle half between 23.6 years and 23.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-13133363B 38,950 ftOct 1979May 2003Yes

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 (125)

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

125 months

May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 2002062924.583.06$1,926
Jun 200201,01123.733.34$3,375
May 2002082724.663.58$2,964
Apr 2002099823.653.51$3,505
Mar 2002063722.003.10$1,976
Feb 2002096518.222.38$2,293
Jan 2002062417.172.38$1,482
Dec 2001094016.932.36$2,223
Nov 2001088618.072.41$2,131
Oct 2001096219.782.53$2,433
Sep 2001073724.262.25$1,659
Aug 200101,21024.873.05$3,694
Jul 2001085623.933.20$2,737
Jun 2001054524.563.82$2,084
May 200101,07725.524.31$4,639
Apr 2001090724.685.34$4,839
Mar 200101,11524.545.38$5,995
Feb 2001097127.755.77$5,600
Jan 200101,12927.478.40$9,482
Dec 200001,14626.889.12$10,454
Nov 200001,22632.215.66$6,937
Oct 200001,23831.235.15$6,370
Sep 200001,18231.875.19$6,130
Aug 200001,21029.644.54$5,494
Jul 200001,34528.534.09$5,501
Jun 200001,18929.304.40$5,228
May 2000098227.263.68$3,614
Apr 200001,06224.513.12$3,309
Mar 200001,23428.422.86$3,529
Feb 200001,10427.622.73$3,010
Jan 200001,06825.272.48$2,649
Dec 199901,10624.282.42$2,681
Nov 199901,49423.192.43$3,636
Oct 199901,21720.982.80$3,412
Sep 199901,22121.752.62$3,198
Aug 199901,09719.262.88$3,155
Jul 1999094517.892.37$2,242
Jun 1999084215.942.36$1,989
May 1999060615.792.32$1,407
Apr 199907115.102.21$157
Mar 199909712.471.84$178
Feb 19990379.981.82$67
Jan 1999012510.381.90$237
Dec 199801889.201.77$333
Nov 1998028410.892.19$621
Oct 1998033812.421.97$666
Sep 1998039812.592.08$829
Aug 1998011911.301.91$227
Jul 1998012611.742.24$282
Jun 1998014211.242.24$318
May 1998065712.622.21$1,450
Apr 1998036713.042.51$919
Mar 1998021712.802.31$501
Feb 1998023313.952.30$536
Jan 1998042814.702.15$922
Dec 1997044316.322.41$1,068
Nov 1997059718.193.09$1,844
Oct 1997092419.253.15$2,910
Sep 199701,36817.742.95$4,042
Aug 1997082317.862.55$2,103
Jul 19971375917.582.25$1,934
Jun 1997075917.242.26$1,713
May 1997271,08218.972.31$3,010
Apr 199731,05217.882.08$2,245
Mar 1997341,20118.951.94$2,973
Feb 1997485220.492.21$1,961
Jan 1997351,35523.483.54$5,618
Dec 1996341,32923.32$793
Nov 199651,18121.97$110
Oct 1996451,95323.31$1,049
Sep 1996481,94322.22$1,067
Aug 1996502,32320.26$1,013
Jul 1996122,21919.55$235
Jun 1996531,96318.73$993
May 1996432,43519.43$835
Apr 199652,40521.51$108
Mar 1996522,28019.38$1,008
Feb 199602,14516.98$0
Jan 1996542,48017.07$922
Dec 1995502,27717.19$860
Nov 199532,43816.00$48
Oct 1995462,42515.43$710
Sep 1995522,51216.18$841
Aug 199532,64615.92$48
Jul 1995411,83515.24$625
Jun 199522,28316.41$33
May 1995472,09017.56$825
Apr 1995492,23717.73$869
Mar 199542,38416.44$66
Feb 1995502,12216.58$829
Jan 199501,99815.92$0
Dec 1994452,16015.03$676
Nov 1994462,03015.90$731
Oct 199402,26715.58$0
Sep 1994421,99515.29$642
Aug 199402,17816.13$0
Jul 1994452,04417.56$790
Jun 199402,16917.09$0
May 1994532,48015.88$842
Apr 1994522,56414.14$735
Mar 199402,28212.46$0
Feb 199402,44212.50$0
Jan 199402,55012.66$0
Dec 199302,99912.33$0
Nov 199302,91914.49$0
Oct 199302,93115.85$0
Sep 199303,18015.03$0
Aug 199302,87315.66$0
Jul 199303,09515.46$0
Jun 199302,86816.79$0
May 199302,85217.68$0
Apr 199302,79518.05$0
Mar 199302,57518.14$0
Feb 199302,58317.90$0
Jan 199302,95516.93$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.

Jul 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 24.58 =         $0
Gas                  629 Mcf  × $  3.06 =     $1,926

────────────────────────────────────────────────────
Month total                                   $1,926

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/84913 is the state's own key, not one this site invented.