WELDER GULLEY

Operated by POCO LLC (P-5 668802) in the ONEIL (5500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14048District 04Field 67346450OilCasinghead gasSave
Value, all time
$1.1 M
May 2017 – May 2026
Value, last 12 filed months
$76 k
at the published price for each month
Months reported
109
no gaps in the span
Streams
2
oil, casinghead 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
OilDisposition17,724 bbl$1,077,639
Casinghead gasProduction7,159 Mcf$23,348
Total$1,100,987

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 27.8907, -97.6517. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.89073, -97.65166 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,500 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
00.0%
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.
1100.0%

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 7,500 ft.

Completions filed
May 2017
1 of 1 wells

1 well

42-4093305117,500 ftMay 2017

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 (109)

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

109 months

May 2026036106.413.05$110
Apr 20261762798.932.87$17,489
Mar 20261723189.753.15$15,535
Feb 202603563.503.75$131
Jan 202603759.138.00$296
Dec 20251651556.664.41$9,415
Nov 202503258.593.93$126
Oct 20251653159.383.30$9,900
Sep 202503562.743.08$108
Aug 20251693863.933.01$10,919
Jul 202503766.743.32$123
Jun 20251722866.483.13$11,522
May 202501960.553.23$61
Apr 20250862.363.54$28
Mar 202504167.704.27$175
Feb 20251772370.884.34$12,646
Jan 202501674.324.28$68
Dec 20240568.993.12$16
Nov 20241644769.052.20$11,428
Oct 202405671.372.28$128
Sep 20240069.612.36$0
Aug 2024166875.632.06$12,571
Jul 202404279.932.15$90
Jun 20241753978.082.63$13,767
May 20241685178.812.20$13,352
Apr 202404084.451.66$66
Mar 20241653480.301.55$13,302
Feb 20241664376.091.78$12,708
Jan 202404273.023.30$139
Dec 20231634071.262.61$11,720
Nov 202304077.892.81$112
Oct 20231803285.443.09$15,478
Sep 202303489.042.74$93
Aug 202301880.522.67$48
Jul 20231654074.852.64$12,456
Jun 20231833768.962.26$12,703
May 202304870.622.23$107
Apr 20231794178.122.24$14,075
Mar 202305072.852.39$120
Feb 20231784475.112.47$13,478
Jan 20231654376.533.39$12,773
Dec 20221664376.415.73$12,930
Nov 202205385.005.65$299
Oct 20221704487.185.86$15,079
Sep 20221664684.888.16$14,466
Aug 202204494.529.13$402
Jul 202216528101.587.54$16,972
Jun 2022049115.097.98$391
May 202216848109.378.43$18,779
Apr 202216544104.226.84$17,497
Mar 202216149108.885.08$17,778
Feb 202205091.054.86$243
Jan 20221734881.844.54$14,376
Dec 20211675271.323.90$12,113
Nov 20211614677.435.24$12,707
Oct 202105779.795.71$326
Sep 20211725069.865.35$12,283
Aug 20211655566.024.22$11,125
Jul 20211654970.783.98$11,874
Jun 20211665069.493.38$11,704
May 202105763.483.02$172
Apr 20211645860.362.76$10,059
Mar 20211726361.302.72$10,715
Feb 20211734457.805.55$10,244
Jan 20211425750.412.81$7,318
Dec 20201745844.642.68$7,923
Nov 202006038.772.71$162
Oct 20201646236.972.48$6,217
Sep 20201716437.091.99$6,470
Aug 20201656539.982.39$6,752
Jul 20201606438.371.83$6,256
Jun 20203556234.901.69$12,494
May 202006616.921.81$120
Apr 20201766514.751.80$2,713
Mar 20201825830.341.86$5,630
Feb 20201676549.881.98$8,459
Jan 20201707357.252.09$9,885
Dec 20191627159.012.30$9,723
Nov 20191627355.302.75$9,159
Oct 20191857253.472.42$10,066
Sep 20191737155.052.66$9,712
Aug 20191647453.112.30$8,881
Jul 20191717056.272.46$9,794
Jun 20191676052.782.49$8,964
May 20191667658.482.74$9,916
Apr 20191487062.632.75$9,462
Mar 20192836556.803.06$16,273
Feb 201905150.852.79$142
Jan 20191142246.033.23$5,318
Dec 2018165046.594.19$7,687
Nov 201807652.934.24$322
Oct 201831810361.443.40$19,888
Sep 201834111559.543.11$20,661
Aug 20181818359.403.07$11,006
Jul 201816511265.142.93$11,076
Jun 201832412460.183.08$19,880
May 201849713265.382.90$32,877
Apr 201817613763.842.90$11,633
Mar 201849415761.222.79$30,680
Feb 201833915861.782.77$21,380
Jan 201856719962.874.01$36,445
Dec 201752421457.272.92$30,635
Nov 201756519855.423.12$31,930
Oct 201750622749.292.98$25,618
Sep 201748918847.523.09$23,818
Aug 201733319345.373.00$15,688
Jul 201769726043.873.09$31,380
Jun 201771827842.493.09$31,366
May 201715212145.373.26$7,291

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 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas        36 Mcf  × $  3.05 =       $110

────────────────────────────────────────────────────
Month total                                     $110

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/O/14048 is the state's own key, not one this site invented.