TAYLOR, W. E.

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

Operated by SPENCE, RALPH OIL COMPANY, INC. (P-5 809331) in the POKEY (RODESSA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 41655District 05Field 72170400NGPA filingCondensateGasSave Export

Value, all time

$2.0 M

Jan 1993 – Sep 2015

Value, last 12 filed months

$25 k

at the published price for each month

Months reported

273

no gaps in the span

Streams

condensate, gas

The POKEY (RODESSA) 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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered

1965-09-22

as the register files it

Field class

Gas

the register's own label

Between wells

1,875 ft

minimum

From a lease line

933 ft

minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFF. 10-1-94”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	6,087 bbl	$191,777
Gas	Production	528,926 Mcf	$1,790,530
Total			$1,982,307

119,500 Mcf of this lease's gas, across 17 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 31.4213, -96.4672. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42130, -96.46718 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

6,451 ft

1 wells filed one

Completion to plug

49.3 years

median over 1 well

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 6,451 ft.

Completions filed

Jun 1966

1 of 1 wells

Plug dates filed

Sep 2015

1 of 1 wells

Last completion to plug: a median of 49.3 years across the 1 well that filed both dates, with the middle half between 49.3 years and 49.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29320019	1	6,451 ft	Jun 1966	Sep 2015	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 (273)

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

273 months


Sep 2015	0	0	42.99	2.76	$0
Aug 2015	56	0	40.16	2.87	$2,249
Jul 2015	175	0	48.15	2.95	$8,426
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	572	42.89	2.93	$1,679
Feb 2015	0	632	44.66	2.98	$1,881
Jan 2015	0	970	43.43	3.10	$3,008
Dec 2014	0	825	54.69	3.59	$2,963
Nov 2014	0	515	70.46	4.25	$2,190
Oct 2014	0	679	78.30	3.90	$2,649
Sep 2014	0	789	86.16	4.05	$3,192
Aug 2014	0	850	89.39	4.04	$3,430
Jul 2014	0	704	96.56	4.18	$2,942
Jun 2014	0	891	98.16	4.74	$4,221
May 2014	0	574	94.73	4.73	$2,713
Apr 2014	0	862	95.94	4.81	$4,145
Mar 2014	0	1,178	95.89	5.06	$5,957
Feb 2014	0	947	97.40	6.19	$5,864
Jan 2014	180	1,023	90.40	4.86	$21,245
Dec 2013	0	1,094	91.82	4.35	$4,764
Nov 2013	0	1,092	88.85	3.74	$4,082
Oct 2013	0	1,220	97.42	3.78	$4,611
Sep 2013	0	1,141	104.11	3.72	$4,242
Aug 2013	0	1,209	104.25	3.52	$4,259
Jul 2013	0	1,422	102.52	3.72	$5,287
Jun 2013	0	952	94.40	3.93	$3,745
May 2013	1	588	94.83	4.15	$2,534
Apr 2013	0	652	93.96	4.28	$2,792
Mar 2013	0	800	93.62	3.91	$3,130
Feb 2013	0	324	91.23	3.42	$1,108
Jan 2013	0	294	91.60	3.42	$1,005
Dec 2012	0	376	86.77	3.42	$1,286
Nov 2012	0	267	86.95	3.62	$968
Oct 2012	0	297	89.38	3.40	$1,010
Sep 2012	0	420	94.67	2.92	$1,226
Aug 2012	0	331	92.66	2.91	$963
Jul 2012	0	533	85.13	3.02	$1,610
Jun 2012	0	508	79.82	2.52	$1,280
May 2012	0	446	91.61	2.49	$1,110
Apr 2012	0	683	101.65	2.00	$1,364
Mar 2012	0	860	105.05	2.22	$1,911
Feb 2012	0	741	101.10	2.57	$1,905
Jan 2012	0	951	98.09	2.73	$2,600
Dec 2011	0	284	96.87	3.24	$920
Nov 2011	0	686	95.72	3.31	$2,272
Oct 2011	0	778	84.98	3.65	$2,839
Sep 2011	0	413	83.62	3.99	$1,646
Aug 2011	0	631	83.40	4.15	$2,618
Jul 2011	0	716	94.14	4.52	$3,234
Jun 2011	0	586	92.90	4.64	$2,719
May 2011	187	526	98.13	4.40	$20,667
Apr 2011	0	945	105.96	4.33	$4,095
Mar 2011	0	1,275	96.36	4.06	$5,173
Feb 2011	0	985	85.64	4.18	$4,117
Jan 2011	0	1,140	86.50	4.59	$5,231
Dec 2010	0	1,038	85.73	4.35	$4,513
Nov 2010	0	415	80.84	3.80	$1,575
Oct 2010	0	685	78.10	3.51	$2,404
Sep 2010	0	604	72.63	3.98	$2,404
Aug 2010	0	1,208	73.68	4.42	$5,339
Jul 2010	0	1,050	72.55	4.74	$4,973
Jun 2010	0	1,149	70.36	4.91	$5,642
May 2010	0	1,259	71.12	4.24	$5,332
Apr 2010	0	840	81.69	4.12	$3,463
Mar 2010	0	415	78.39	4.39	$1,821
Feb 2010	0	1,165	73.58	5.44	$6,340
Jan 2010	0	1,092	74.36	5.96	$6,513
Dec 2009	182	1,666	71.44	5.48	$22,138
Nov 2009	0	1,579	74.59	3.75	$5,924
Oct 2009	0	1,622	72.54	4.11	$6,667
Sep 2009	0	1,110	65.54	3.06	$3,402
Aug 2009	0	1,299	67.42	3.22	$4,181
Jul 2009	0	924	61.13	3.46	$3,201
Jun 2009	0	1,577	66.16	3.90	$6,142
May 2009	0	1,341	54.74	3.93	$5,264
Apr 2009	0	1,440	46.77	3.59	$5,166
Mar 2009	0	1,488	42.14	4.06	$6,040
Feb 2009	0	1,150	32.81	4.63	$5,328
Jan 2009	0	1,043	35.86	5.37	$5,602
Dec 2008	1	1,000	37.10	5.98	$6,014
Nov 2008	0	924	55.49	6.86	$6,339
Oct 2008	0	1,611	75.24	6.92	$11,151
Sep 2008	0	827	101.76	7.88	$6,514
Aug 2008	0	1,581	114.22	8.48	$13,412
Jul 2008	0	1,082	131.08	11.39	$12,323
Jun 2008	0	785	131.33	13.03	$10,231
May 2008	0	751	123.17	11.57	$8,692
Apr 2008	0	1,049	110.31	10.45	$10,967
Mar 2008	174	958	101.90	9.66	$26,989
Feb 2008	0	1,373	92.53	8.77	$12,042
Jan 2008	0	1,131	90.38	8.21	$9,281
Dec 2007	0	1,447	88.33	7.30	$10,566
Nov 2007	0	1,338	91.67	7.29	$9,756
Oct 2007	0	1,781	82.85	6.92	$12,328
Sep 2007	0	1,129	75.84	6.24	$7,050
Aug 2007	0	1,669	69.06	6.39	$10,661
Jul 2007	0	1,663	70.90	6.39	$10,623
Jun 2007	0	1,584	62.00	7.55	$11,957
May 2007	0	1,703	58.74	7.85	$13,362
Apr 2007	0	1,543	59.61	7.81	$12,043
Mar 2007	0	772	56.92	7.30	$5,637
Feb 2007	0	485	55.10	8.22	$3,985
Jan 2007	0	782	50.30	6.73	$5,260
Dec 2006	0	1,043	56.65	6.92	$7,216
Nov 2006	0	617	54.20	7.62	$4,700
Oct 2006	155	1,154	54.90	6.01	$15,449
Sep 2006	0	1,216	60.08	5.04	$6,125
Aug 2006	0	498	68.71	7.34	$3,655
Jul 2006	0	1,065	69.37	6.34	$6,755
Jun 2006	0	1,455	66.28	6.38	$9,289
May 2006	0	1,879	66.01	6.42	$12,073
Apr 2006	0	2,134	64.39	7.36	$15,707
Mar 2006	0	2,739	56.70	7.08	$19,400
Feb 2006	0	705	57.59	7.75	$5,465
Jan 2006	0	2,423	60.59	8.93	$21,645
Dec 2005	0	1,130	54.94	13.42	$15,159
Nov 2005	0	1,200	54.69	10.59	$12,706
Oct 2005	0	2,426	58.34	13.80	$33,469
Sep 2005	0	1,608	61.45	12.08	$19,423
Aug 2005	0	1,894	61.51	9.80	$18,555
Jul 2005	0	1,539	55.69	7.84	$12,071
Jun 2005	0	2,039	52.33	7.38	$15,050
May 2005	0	1,832	45.22	6.65	$12,185
Apr 2005	162	1,036	49.20	7.36	$15,596
Mar 2005	0	2,769	50.37	7.15	$19,812
Feb 2005	0	637	45.22	6.31	$4,021
Jan 2005	0	2,219	43.16	6.32	$14,029
Dec 2004	0	1,538	39.86	6.75	$10,383
Nov 2004	0	1,237	45.28	6.33	$7,831
Oct 2004	0	2,571	49.70	6.52	$16,750
Sep 2004	0	1,750	43.24	5.28	$9,247
Aug 2004	0	2,445	42.37	5.55	$13,571
Jul 2004	0	1,986	38.28	6.08	$12,083
Jun 2004	0	2,420	36.10	6.43	$15,568
May 2004	0	2,941	37.48	6.49	$19,101
Apr 2004	0	2,951	34.47	5.86	$17,288
Mar 2004	160	2,178	34.36	5.53	$17,542
Feb 2004	0	2,386	32.45	5.51	$13,146
Jan 2004	0	2,568	32.03	6.30	$16,177
Dec 2003	0	1,869	30.26	6.30	$11,778
Nov 2003	0	2,124	28.80	4.60	$9,760
Oct 2003	0	2,365	28.17	4.76	$11,257
Sep 2003	188	2,999	26.31	4.75	$19,190
Aug 2003	0	3,508	29.76	5.13	$17,995
Jul 2003	0	3,578	29.41	5.17	$18,501
Jun 2003	0	3,321	28.56	5.98	$19,869
May 2003	0	3,567	26.59	5.97	$21,305
Apr 2003	0	3,213	26.67	5.41	$17,374
Mar 2003	183	2,128	31.14	6.10	$18,671
Feb 2003	0	3,112	33.48	7.93	$24,665
Jan 2003	0	2,493	30.31	5.58	$13,916
Dec 2002	0	2,966	26.91	4.85	$14,396
Nov 2002	0	1,367	24.66	4.14	$5,655
Oct 2002	0	3,234	26.46	4.23	$13,677
Sep 2002	0	1,527	27.44	3.64	$5,551
Aug 2002	0	2,266	25.96	3.16	$7,170
Jul 2002	0	2,540	24.58	3.06	$7,777
Jun 2002	0	2,591	23.73	3.34	$8,649
May 2002	0	2,781	24.66	3.58	$9,967
Apr 2002	0	2,772	23.65	3.51	$9,736
Mar 2002	378	2,477	22.00	3.10	$16,001
Feb 2002	0	1,502	18.22	2.38	$3,568
Jan 2002	0	891	17.17	2.38	$2,117
Dec 2001	0	1,829	16.93	2.36	$4,324
Nov 2001	0	2,625	18.07	2.41	$6,314
Oct 2001	0	2,749	19.78	2.53	$6,952
Sep 2001	0	3,303	24.26	2.25	$7,436
Aug 2001	0	2,770	24.87	3.05	$8,457
Jul 2001	0	2,680	23.93	3.20	$8,568
Jun 2001	0	2,680	24.56	3.82	$10,249
May 2001	361	1,829	25.52	4.31	$17,091
Apr 2001	0	1,948	24.68	5.34	$10,393
Mar 2001	0	3,548	24.54	5.38	$19,076
Feb 2001	0	2,360	27.75	5.77	$13,610
Jan 2001	0	1,002	27.47	8.40	$8,416
Dec 2000	0	332	26.88	9.12	$3,029
Nov 2000	0	2,818	32.21	5.66	$15,944
Oct 2000	0	2,698	31.23	5.15	$13,883
Sep 2000	0	2,742	31.87	5.19	$14,221
Aug 2000	0	3,744	29.64	4.54	$17,001
Jul 2000	0	811	28.53	4.09	$3,317
Jun 2000	0	3,334	29.30	4.40	$14,660
May 2000	0	2,497	27.26	3.68	$9,188
Apr 2000	190	1,044	24.51	3.12	$7,910
Mar 2000	0	697	28.42	2.86	$1,993
Feb 2000	0	1,506	27.62	2.73	$4,106
Jan 2000	0	1,538	25.27	2.48	$3,815
Dec 1999	0	2,841	24.28	2.42	$6,886
Nov 1999	0	1,448	23.19	2.43	$3,524
Oct 1999	0	2,812	20.98	2.80	$7,884
Sep 1999	340	5,026	21.75	2.62	$20,557
Aug 1999	161	4,048	19.26	2.88	$14,741
Jul 1999	0	4,459	17.89	2.37	$10,578
Jun 1999	0	2,701	15.94	2.36	$6,380
May 1999	0	3,336	15.79	2.32	$7,743
Apr 1999	0	3,727	15.10	2.21	$8,229
Mar 1999	0	3,703	12.47	1.84	$6,807
Feb 1999	0	2,089	9.98	1.82	$3,797
Jan 1999	244	3,101	10.38	1.90	$8,424
Dec 1998	0	2,972	9.20	1.77	$5,270
Nov 1998	0	2,844	10.89	2.19	$6,216
Oct 1998	0	2,671	12.42	1.97	$5,260
Sep 1998	0	2,596	12.59	2.08	$5,406
Aug 1998	0	2,230	11.30	1.91	$4,253
Jul 1998	112	2,700	11.74	2.24	$7,356
Jun 1998	0	3,420	11.24	2.24	$7,651
May 1998	107	3,106	12.62	2.21	$8,203
Apr 1998	0	3,776	13.04	2.51	$9,460
Mar 1998	100	5,317	12.80	2.31	$13,559
Feb 1998	0	3,697	13.95	2.30	$8,500
Jan 1998	80	4,649	14.70	2.15	$11,194
Dec 1997	81	2,923	16.32	2.41	$8,370
Nov 1997	0	2,566	18.19	3.09	$7,924
Oct 1997	0	2,115	19.25	3.15	$6,662
Sep 1997	0	4,743	17.74	2.95	$14,015
Aug 1997	0	4,336	17.86	2.55	$11,077
Jul 1997	207	5,103	17.58	2.25	$15,105
Jun 1997	0	6,877	17.24	2.26	$15,523
May 1997	257	4,741	18.97	2.31	$15,820
Apr 1997	125	5,902	17.88	2.08	$14,528
Mar 1997	129	4,776	18.95	1.94	$11,706
Feb 1997	143	5,837	20.49	2.21	$15,806
Jan 1997	0	7,431	23.48	3.54	$26,304
Dec 1996	0	5,716	23.32	—	$0
Nov 1996	168	8,017	21.97	—	$3,691
Oct 1996	159	8,009	23.31	—	$3,706
Sep 1996	0	6,097	22.22	—	$0
Aug 1996	160	6,576	20.26	—	$3,242
Jul 1996	0	9,503	19.55	—	$0
Jun 1996	155	7,220	18.73	—	$2,903
May 1996	172	7,539	19.43	—	$3,342
Apr 1996	141	8,309	21.51	—	$3,033
Mar 1996	0	8,373	19.38	—	$0
Feb 1996	199	8,139	16.98	—	$3,379
Jan 1996	85	5,613	17.07	—	$1,451
Dec 1995	0	10,295	17.19	—	$0
Nov 1995	29	9,757	16.00	—	$464
Oct 1995	0	6,406	15.43	—	$0
Sep 1995	0	3,418	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	513	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	0	15.03	—	$0
Aug 1993	0	0	15.66	—	$0
Jul 1993	0	0	15.46	—	$0
Jun 1993	0	0	16.79	—	$0
May 1993	0	0	17.68	—	$0
Apr 1993	0	0	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	0	16.93	—	$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.

Aug 2015 — as filed, then multipliedworked

Condensate            56 bbl  × $ 40.16 =     $2,249
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $2,249

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/41655 is the state's own key, not one this site invented.