WILLIAMS

Operated by MACHIN & ASSOCIATES, INC. (P-5 520328) in the UPPER KEECHI CREEK (DEXTER SD.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3848District 05Field 92684080OilSaveExport
Value, all time
$1.1 M
Jun 2007 – Mar 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
106
no gaps in the span
Streams
1
oil

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

Discovered
1996-09-27
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition14,340 bbl$1,130,748
Total$1,130,748

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 31.5343, -95.9026. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.53426, -95.90256 · 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
6,300 ft
2 wells filed one
Completion to plug
8.0 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 6,250 and 6,350 ft, median 6,300 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2007 – Feb 2008
2 of 2 wells
Plug dates filed
Oct 2015
2 of 2 wells

Last completion to plug: a median of 8.0 years across the 2 wells that filed both dates, with the middle half between 7.8 years and 8.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2893168226,250 ftFeb 2008Oct 2015Yes
42-2893163716,350 ftJun 2007Oct 2015Yes

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 (106)

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

106 months

Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 20146995.944.81$6,620
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 201312291.824.35$11,202
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 2013178104.253.52$18,557
Jul 20130102.523.72$0
Jun 20133894.403.93$3,587
May 20136894.834.15$6,448
Apr 201315293.964.28$14,282
Mar 2013093.623.91$0
Feb 201311291.233.42$10,218
Jan 20138891.603.42$8,061
Dec 2012086.773.42$0
Nov 201212686.953.62$10,956
Oct 20127789.383.40$6,882
Sep 20126394.672.92$5,964
Aug 201216592.662.91$15,289
Jul 2012085.133.02$0
Jun 20129479.822.52$7,503
May 201215291.612.49$13,925
Apr 20120101.652.00$0
Mar 2012106105.052.22$11,135
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 20116496.873.24$6,200
Nov 201110995.723.31$10,433
Oct 201117784.983.65$15,041
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 20118594.144.52$8,002
Jun 20118692.904.64$7,989
May 201124798.134.40$24,238
Apr 20110105.964.33$0
Mar 201118496.364.06$17,730
Feb 2011085.644.18$0
Jan 201118486.504.59$15,916
Dec 2010085.734.35$0
Nov 201018080.843.80$14,551
Oct 201018678.103.51$14,527
Sep 2010072.633.98$0
Aug 201034273.684.42$25,199
Jul 2010072.554.74$0
Jun 201018070.364.91$12,665
May 201017571.124.24$12,446
Apr 201018881.694.12$15,358
Mar 201019078.394.39$14,894
Feb 201019173.585.44$14,054
Jan 201017974.365.96$13,310
Dec 200918071.445.48$12,859
Nov 2009174.593.75$75
Oct 200918972.544.11$13,710
Sep 200917765.543.06$11,601
Aug 200937367.423.22$25,148
Jul 200918161.133.46$11,065
Jun 200935266.163.90$23,288
May 200918554.743.93$10,127
Apr 200937046.773.59$17,305
Mar 200918242.144.06$7,669
Feb 200937432.814.63$12,271
Jan 200938735.865.37$13,878
Dec 200818137.105.98$6,715
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 2008161101.767.88$16,383
Aug 20080114.228.48$0
Jul 2008184131.0811.39$24,119
Jun 2008370131.3313.03$48,592
May 2008178123.1711.57$21,924
Apr 2008177110.3110.45$19,525
Mar 2008170101.909.66$17,323
Feb 200853692.538.77$49,596
Jan 200817390.388.21$15,636
Dec 200753188.337.30$46,903
Nov 200747091.677.29$43,085
Oct 200753682.856.92$44,408
Sep 200770775.846.24$53,619
Aug 20071,06269.066.39$73,342
Jul 20071,21970.906.39$86,427
Jun 200717762.007.55$10,974

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.

Apr 2014 — as filed, then multipliedworked
Oil                   69 bbl  × $ 95.94 =     $6,620

────────────────────────────────────────────────────
Month total                                   $6,620

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/O/3848 is the state's own key, not one this site invented.