WELDER, R. H.

Name: WELDER, R. H. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SMITH PRODUCTION INC. (P-5 789662) in the PLYMOUTH (4400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8746District 04Field 72043245OilCasinghead gasSave Export

Value, all time

$1.5 M

Jan 1993 – Jun 2005

Value, last 12 filed months

at the published price for each month

Months reported

150

no gaps in the span

Streams

oil, casinghead gas

The PLYMOUTH (4400) field

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 3 leases and 6 wells, and the rule below applies to all of them.

Discovered

1976-06-21

as the register files it

Field class

Oil

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1983-10-17.

The Commission's schedule remark for this field reads: “RULES EFF. 10/17/83, 04-81020”

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.

Stream	Basis	Volume	Value
Oil	Disposition	72,780 bbl	$1,305,455
Casinghead gas	Production	112,134 Mcf	$145,288
Total			$1,450,742

61,064 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 (3)

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 28.0911, -97.4055. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

28.09161, -97.40717 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

3 of 3 wells

With a plug date

100.0%

3 of 3 wells

Median depth

4,750 ft

3 wells filed one

Completion to plug

17.1 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

3100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

3100.0%

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 4,670 and 7,155 ft, median 4,750 ft, over the 3 wells that filed a depth.

Completions filed

Aug 1986 – Mar 2001

3 of 3 wells

Plug dates filed

Sep 2003 – Jun 2005

3 of 3 wells

Last completion to plug: a median of 17.1 years across the 3 wells that filed both dates, with the middle half between 10.7 years and 17.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-40901744	31	7,155 ft	Mar 2001	Jun 2005	Yes
42-40901625	10	4,670 ft	Nov 1987	Apr 2005	Yes
42-40930544	62	4,750 ft	Aug 1986	Sep 2003	Yes

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 (150)

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

150 months


Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	1	0	28.17	4.76	$28
Sep 2003	2	0	26.31	4.75	$53
Aug 2003	17	38	29.76	5.13	$701
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	1	0	33.48	7.93	$33
Jan 2003	3	0	30.31	5.58	$91
Dec 2002	22	0	26.91	4.85	$592
Nov 2002	125	19	24.66	4.14	$3,161
Oct 2002	301	102	26.46	4.23	$8,396
Sep 2002	277	97	27.44	3.64	$7,953
Aug 2002	504	32	25.96	3.16	$13,185
Jul 2002	516	550	24.58	3.06	$14,367
Jun 2002	432	638	23.73	3.34	$12,381
May 2002	100	359	24.66	3.58	$3,753
Apr 2002	15	0	23.65	3.51	$355
Mar 2002	110	497	22.00	3.10	$3,962
Feb 2002	222	1,044	18.22	2.38	$6,525
Jan 2002	263	684	17.17	2.38	$6,141
Dec 2001	297	526	16.93	2.36	$6,272
Nov 2001	310	55	18.07	2.41	$5,734
Oct 2001	307	115	19.78	2.53	$6,363
Sep 2001	309	1,443	24.26	2.25	$10,745
Aug 2001	361	462	24.87	3.05	$10,389
Jul 2001	428	1,053	23.93	3.20	$13,609
Jun 2001	203	535	24.56	3.82	$7,032
May 2001	35	0	25.52	4.31	$893
Apr 2001	192	640	24.68	5.34	$8,153
Mar 2001	82	185	24.54	5.38	$3,007
Feb 2001	34	0	27.75	5.77	$944
Jan 2001	206	272	27.47	8.40	$7,943
Dec 2000	403	611	26.88	9.12	$16,406
Nov 2000	607	756	32.21	5.66	$23,829
Oct 2000	539	583	31.23	5.15	$19,833
Sep 2000	383	508	31.87	5.19	$14,841
Aug 2000	568	1,229	29.64	4.54	$22,416
Jul 2000	584	1,287	28.53	4.09	$21,925
Jun 2000	418	973	29.30	4.40	$16,526
May 2000	625	649	27.26	3.68	$19,426
Apr 2000	549	1,219	24.51	3.12	$17,254
Mar 2000	527	602	28.42	2.86	$16,699
Feb 2000	365	1,314	27.62	2.73	$13,664
Jan 2000	183	1,305	25.27	2.48	$7,861
Dec 1999	96	0	24.28	2.42	$2,331
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	269	530	17.89	2.37	$6,070
Jun 1999	380	1,095	15.94	2.36	$8,644
May 1999	552	662	15.79	2.32	$10,253
Apr 1999	319	587	15.10	2.21	$6,113
Mar 1999	505	6,899	12.47	1.84	$18,980
Feb 1999	412	893	9.98	1.82	$5,735
Jan 1999	544	1,110	10.38	1.90	$7,756
Dec 1998	377	922	9.20	1.77	$5,103
Nov 1998	453	1,140	10.89	2.19	$7,425
Oct 1998	541	819	12.42	1.97	$8,332
Sep 1998	46	378	12.59	2.08	$1,366
Aug 1998	44	106	11.30	1.91	$699
Jul 1998	46	166	11.74	2.24	$911
Jun 1998	393	627	11.24	2.24	$5,820
May 1998	672	1,395	12.62	2.21	$11,558
Apr 1998	530	955	13.04	2.51	$9,304
Mar 1998	536	886	12.80	2.31	$8,907
Feb 1998	490	825	13.95	2.30	$8,732
Jan 1998	281	845	14.70	2.15	$5,952
Dec 1997	744	1,115	16.32	2.41	$14,830
Nov 1997	346	664	18.19	3.09	$8,344
Oct 1997	331	632	19.25	3.15	$8,362
Sep 1997	551	1,074	17.74	2.95	$12,948
Aug 1997	848	1,626	17.86	2.55	$19,299
Jul 1997	731	1,196	17.58	2.25	$15,538
Jun 1997	0	132	17.24	2.26	$298
May 1997	0	298	18.97	2.31	$688
Apr 1997	0	80	17.88	2.08	$167
Mar 1997	126	123	18.95	1.94	$2,626
Feb 1997	581	1,233	20.49	2.21	$14,625
Jan 1997	836	1,675	23.48	3.54	$25,558
Dec 1996	941	1,876	23.32	—	$21,944
Nov 1996	567	1,203	21.97	—	$12,457
Oct 1996	618	1,217	23.31	—	$14,406
Sep 1996	620	1,189	22.22	—	$13,776
Aug 1996	668	1,290	20.26	—	$13,534
Jul 1996	663	1,375	19.55	—	$12,962
Jun 1996	679	1,238	18.73	—	$12,718
May 1996	804	1,581	19.43	—	$15,622
Apr 1996	783	1,541	21.51	—	$16,842
Mar 1996	817	1,177	19.38	—	$15,833
Feb 1996	538	1,178	16.98	—	$9,135
Jan 1996	477	811	17.07	—	$8,142
Dec 1995	712	1,372	17.19	—	$12,239
Nov 1995	638	1,462	16.00	—	$10,208
Oct 1995	610	1,194	15.43	—	$9,412
Sep 1995	798	1,593	16.18	—	$12,912
Aug 1995	712	1,413	15.92	—	$11,335
Jul 1995	801	1,858	15.24	—	$12,207
Jun 1995	848	1,537	16.41	—	$13,916
May 1995	824	1,517	17.56	—	$14,469
Apr 1995	724	1,420	17.73	—	$12,837
Mar 1995	686	1,514	16.44	—	$11,278
Feb 1995	1,574	1,458	16.58	—	$26,097
Jan 1995	1,598	1,542	15.92	—	$25,440
Dec 1994	1,335	1,676	15.03	—	$20,065
Nov 1994	1,519	1,893	15.90	—	$24,152
Oct 1994	1,535	1,234	15.58	—	$23,915
Sep 1994	1,078	781	15.29	—	$16,483
Aug 1994	1,188	3,055	16.13	—	$19,162
Jul 1994	1,156	1,457	17.56	—	$20,299
Jun 1994	931	1,567	17.09	—	$15,911
May 1994	1,280	1,756	15.88	—	$20,326
Apr 1994	1,330	1,200	14.14	—	$18,806
Mar 1994	1,328	125	12.46	—	$16,547
Feb 1994	999	219	12.50	—	$12,488
Jan 1994	1,258	562	12.66	—	$15,926
Dec 1993	184	301	12.33	—	$2,269
Nov 1993	1,271	446	14.49	—	$18,417
Oct 1993	990	990	15.85	—	$15,692
Sep 1993	1,324	570	15.03	—	$19,900
Aug 1993	1,356	688	15.66	—	$21,235
Jul 1993	1,710	881	15.46	—	$26,437
Jun 1993	1,228	1,469	16.79	—	$20,618
May 1993	1,438	1,365	17.68	—	$25,424
Apr 1993	1,432	1,094	18.05	—	$25,848
Mar 1993	1,622	1,627	18.14	—	$29,423
Feb 1993	1,288	1,703	17.90	—	$23,055
Jan 1993	1,294	849	16.93	—	$21,907

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.

Oct 2003 — as filed, then multipliedworked

Oil                    1 bbl  × $ 28.17 =        $28
Casinghead gas         0 Mcf  × $  4.76 =         $0

────────────────────────────────────────────────────
Month total                                      $28

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/8746 is the state's own key, not one this site invented.