WEIL ET AL -E-

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the HOFFMAN field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8356District 04Field 41937001OilCasinghead gasSaveExport
Value, all time
$78 k
Jan 1993 – Oct 2010
Value, last 12 filed months
$744
at the published price for each month
Months reported
214
no gaps in the span
Streams
2
oil, casinghead 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 44 leases and 408 wells, and the rule below applies to all of them.

Discovered
1935-02-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres.

The Commission's schedule remark for this field reads: LOWER LOMA NOVIA 41X BBLS.

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
OilDisposition4,517 bbl$78,218
Casinghead gasProduction21 Mcf$0
Total$78,218

21 Mcf of this lease's gas, across 21 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 (2)

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 27.7321, -98.6327. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

27.73212, -98.63272 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
2,315 ft
2 wells filed one
Completion to plug
36.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 2,310 and 2,320 ft, median 2,315 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1974 – Aug 1974
2 of 2 wells
Plug dates filed
Aug 2010 – Sep 2010
2 of 2 wells

Last completion to plug: a median of 36.3 years across the 2 wells that filed both dates, with the middle half between 36.2 years and 36.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1313121932,310 ftAug 1974Sep 2010Yes
42-1313121722,320 ftApr 1974Aug 2010Yes

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 (214)

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

214 months

Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201010074.365.96$744
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 2004247034.365.53$8,487
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
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 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999187012.471.84$2,332
Feb 1999509.981.82$50
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 1998170010.892.19$1,851
Oct 19980012.421.97$0
Sep 19981012.592.08$13
Aug 199810011.301.91$113
Jul 1998163011.742.24$1,914
Jun 19984011.242.24$45
May 19986012.622.21$76
Apr 1998163013.042.51$2,126
Mar 19985012.802.31$64
Feb 19986013.952.30$84
Jan 1998185014.702.15$2,720
Dec 1997179016.322.41$2,921
Nov 19971018.193.09$18
Oct 1997164019.253.15$3,157
Sep 19974017.742.95$71
Aug 1997153017.862.55$2,733
Jul 19973017.582.25$53
Jun 1997167017.242.26$2,879
May 199713018.972.31$247
Apr 1997162017.882.08$2,897
Mar 19974018.951.94$76
Feb 19976020.492.21$123
Jan 19970023.483.54$0
Dec 19968023.32$187
Nov 19960021.97$0
Oct 1996316023.31$7,366
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19961019.43$19
Apr 19961021.51$22
Mar 19964019.38$78
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19955017.19$86
Nov 19951016.00$16
Oct 1995160015.43$2,469
Sep 19953016.18$49
Aug 19953015.92$48
Jul 19953015.24$46
Jun 1995338016.41$5,547
May 19952017.56$35
Apr 19953017.73$53
Mar 19950016.44$0
Feb 19956016.58$99
Jan 19954015.92$64
Dec 19943015.03$45
Nov 1994307015.90$4,881
Oct 19943015.58$47
Sep 19941115.29$15
Aug 19940116.13$0
Jul 19940117.56$0
Jun 19942117.09$34
May 1994301115.88$4,780
Apr 19943114.14$42
Mar 19940112.46$0
Feb 19940112.50$0
Jan 1994156112.66$1,975
Dec 19930112.33$0
Nov 19930114.49$0
Oct 1993292115.85$4,628
Sep 19930115.03$0
Aug 19930115.66$0
Jul 19930115.46$0
Jun 1993293116.79$4,919
May 19930117.68$0
Apr 19930118.05$0
Mar 19930118.14$0
Feb 1993143117.90$2,560
Jan 1993137116.93$2,319

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.

Jan 2010 — as filed, then multipliedworked
Oil                   10 bbl  × $ 74.36 =       $744
Casinghead gas         0 Mcf  × $  5.96 =         $0

────────────────────────────────────────────────────
Month total                                     $744

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/8356 is the state's own key, not one this site invented.