UNDERWOOD

Operated by WEATHERLY OIL & GAS, LLC (P-5 902815) in the BRANTON, W. (COTTON VALLEY LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 232484District 05Field 11470600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.3 M
Aug 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
226
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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1991-10-22
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 05/01/2007.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112008-02-19179855
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition17 bbl$1,426
GasProduction2,149,094 Mcf$12,296,275
Total$12,297,702

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 31.3207, -96.2511. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.32071, -96.25106 · 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
16,000 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 16,000 ft.

Completions filed
Aug 2007
1 of 1 wells

1 well

42-28931638116,000 ftAug 2007

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 (226)

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

226 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150656.152.88$17
May 20150155.212.96$3
Apr 20150049.822.71$0
Mar 201501,07842.892.93$3,164
Feb 20150044.662.98$0
Jan 201506,19043.433.10$19,193
Dec 2014021,68054.693.59$77,861
Nov 2014013,99070.464.25$59,483
Oct 2014022,63278.303.90$88,287
Sep 201401,99286.164.05$8,059
Aug 20140089.394.04$0
Jul 2014013,40496.564.18$56,023
Jun 2014016,66398.164.74$78,931
May 2014016,69294.734.73$78,896
Apr 2014016,77195.944.81$80,654
Mar 2014017,86995.895.06$90,360
Feb 2014120,00197.406.19$123,944
Jan 2014022,40690.404.86$108,909
Dec 2013019,63891.824.35$85,513
Nov 2013020,93788.853.74$78,268
Oct 2013020,48497.423.78$77,416
Sep 2013023,582104.113.72$87,672
Aug 2013024,187104.253.52$85,201
Jul 2013525,786102.523.72$96,378
Jun 2013121,99994.403.93$86,625
May 201321,95794.834.15$8,309
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201302,78391.233.42$9,518
Jan 2013013,40291.603.42$45,834
Dec 2012011,11986.773.42$38,029
Nov 2012023,70186.953.62$85,915
Oct 2012019,56889.383.40$66,525
Sep 2012022,32194.672.92$65,142
Aug 2012032,18892.662.91$93,608
Jul 2012019,01385.133.02$57,434
Jun 2012024,44979.822.52$61,588
May 2012032,90691.612.49$81,881
Apr 2012011,143101.652.00$22,250
Mar 201208,606105.052.22$19,123
Feb 2012065101.102.57$167
Jan 201208,17198.092.73$22,340
Dec 2011016,00996.873.24$51,865
Nov 2011036,89895.723.31$122,180
Oct 2011028,42984.983.65$103,724
Sep 2011053183.623.99$2,116
Aug 201102,15983.404.15$8,958
Jul 201102,11294.144.52$9,540
Jun 2011016,32792.904.64$75,755
May 2011013,72298.134.40$60,443
Apr 2011014,764105.964.33$63,977
Mar 2011014,43296.364.06$58,556
Feb 2011011,79285.644.18$49,290
Jan 2011015,57786.504.59$71,479
Dec 2010115,47285.734.35$67,354
Nov 2010015,19580.843.80$57,670
Oct 2010014,05078.103.51$49,300
Sep 2010014,82172.633.98$58,980
Aug 2010014,68073.684.42$64,876
Jul 2010015,86972.554.74$75,163
Jun 2010116,93170.364.91$83,208
May 2010316,56471.124.24$70,366
Apr 2010015,58481.694.12$64,248
Mar 2010018,20678.394.39$79,900
Feb 2010019,48973.585.44$106,066
Jan 2010021,98474.365.96$131,115
Dec 2009122,84771.445.48$125,359
Nov 2009022,04974.593.75$82,717
Oct 2009025,91672.544.11$106,521
Sep 2009025,34865.543.06$77,685
Aug 2009028,31367.423.22$91,125
Jul 2009027,27461.133.46$94,491
Jun 2009028,78666.163.90$112,121
May 2009029,32454.743.93$115,119
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 2009031,15532.814.63$144,341
Jan 2009134,98535.865.37$187,940
Dec 2008038,18837.105.98$228,255
Nov 2008138,09255.496.86$261,380
Oct 2008036,42575.246.92$252,133
Sep 2008040,045101.767.88$315,438
Aug 2008046,021114.228.48$390,397
Jul 2008029,641131.0811.39$337,594
Jun 2008035,805131.3313.03$466,633
May 2008041,677123.1711.57$482,382
Apr 2008045,840110.3110.45$479,251
Mar 2008046,106101.909.66$445,572
Feb 2008063,86592.538.77$560,133
Jan 2008057,05690.388.21$468,186
Dec 2007070,54688.337.30$515,125
Nov 2007087,41891.677.29$637,426
Oct 2007054,12382.856.92$374,638
Sep 2007074,73775.846.24$466,670
Aug 20070116,53569.066.39$744,419

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.

Jun 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.15 =         $0
Gas                    6 Mcf  × $  2.88 =        $17

────────────────────────────────────────────────────
Month total                                      $17

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. 05/G/232484 is the state's own key, not one this site invented.