WALDRON, M.L. GU #1

Name: WALDRON, M.L. GU #1 lease production and value, Jan 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SABINE OIL & GAS CORPORATION (P-5 742143) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148536District 06Field 664612752 tax incentive programmesCondensateGasSave Export

Value, all time

$3.2 M

Jan 1994 – Apr 2019

Value, last 12 filed months

at the published price for each month

Months reported

304

no gaps in the span

Streams

condensate, gas

The OAK HILL (COTTON VALLEY) 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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered

1976-11-17

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: “FIELD. EFFECTIVE 4/12/16.”

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
High Cost Gas	1	1	1994-04-12	129834
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	5,829 bbl	$214,889
Gas	Production	1,076,665 Mcf	$3,007,477
Total			$3,222,367

396,537 Mcf of this lease's gas, across 36 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 32.4028, -94.5352. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40283, -94.53524 · 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

10,450 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

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 10,450 ft.

Plug dates filed

Apr 2019

1 of 1 wells

1 well


42-20332225	4	10,450 ft	—	Apr 2019	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 (304)

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

304 months


Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
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	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	4	0	104.25	3.52	$417
Jul 2013	0	14	102.52	3.72	$52
Jun 2013	21	1,712	94.40	3.93	$8,716
May 2013	0	2,030	94.83	4.15	$8,423
Apr 2013	6	2,029	93.96	4.28	$9,253
Mar 2013	2	2,057	93.62	3.91	$8,236
Feb 2013	16	1,903	91.23	3.42	$7,968
Jan 2013	5	2,022	91.60	3.42	$7,373
Dec 2012	14	1,981	86.77	3.42	$7,990
Nov 2012	1	2,012	86.95	3.62	$7,380
Oct 2012	26	2,315	89.38	3.40	$10,194
Sep 2012	25	2,186	94.67	2.92	$8,746
Aug 2012	1	2,516	92.66	2.91	$7,410
Jul 2012	29	2,542	85.13	3.02	$10,148
Jun 2012	29	2,402	79.82	2.52	$8,366
May 2012	32	2,610	91.61	2.49	$9,426
Apr 2012	0	2,496	101.65	2.00	$4,984
Mar 2012	33	2,452	105.05	2.22	$8,915
Feb 2012	27	2,086	101.10	2.57	$8,091
Jan 2012	0	2,020	98.09	2.73	$5,523
Dec 2011	0	2,092	96.87	3.24	$6,778
Nov 2011	19	2,024	95.72	3.31	$8,521
Oct 2011	51	2,139	84.98	3.65	$12,138
Sep 2011	26	2,090	83.62	3.99	$10,504
Aug 2011	24	2,101	83.40	4.15	$10,719
Jul 2011	27	2,142	94.14	4.52	$12,218
Jun 2011	27	2,273	92.90	4.64	$13,055
May 2011	28	2,334	98.13	4.40	$13,028
Apr 2011	25	2,216	105.96	4.33	$12,252
Mar 2011	52	2,545	96.36	4.06	$15,337
Feb 2011	26	2,142	85.64	4.18	$11,180
Jan 2011	26	2,397	86.50	4.59	$13,248
Dec 2010	28	2,466	85.73	4.35	$13,122
Nov 2010	25	2,507	80.84	3.80	$11,536
Oct 2010	27	2,703	78.10	3.51	$11,593
Sep 2010	27	2,726	72.63	3.98	$12,809
Aug 2010	28	2,527	73.68	4.42	$13,231
Jul 2010	26	2,373	72.55	4.74	$13,126
Jun 2010	28	2,363	70.36	4.91	$13,573
May 2010	55	2,277	71.12	4.24	$13,555
Apr 2010	0	2,009	81.69	4.12	$8,282
Mar 2010	27	2,282	78.39	4.39	$12,131
Feb 2010	24	2,336	73.58	5.44	$14,479
Jan 2010	26	2,928	74.36	5.96	$19,396
Dec 2009	28	2,758	71.44	5.48	$17,125
Nov 2009	0	2,807	74.59	3.75	$10,530
Oct 2009	19	2,775	72.54	4.11	$12,784
Sep 2009	0	2,870	65.54	3.06	$8,796
Aug 2009	27	2,655	67.42	3.22	$10,365
Jul 2009	0	2,614	61.13	3.46	$9,056
Jun 2009	27	3,311	66.16	3.90	$14,683
May 2009	27	2,783	54.74	3.93	$12,403
Apr 2009	26	2,723	46.77	3.59	$10,985
Mar 2009	23	2,533	42.14	4.06	$11,251
Feb 2009	25	2,130	32.81	4.63	$10,689
Jan 2009	24	2,561	35.86	5.37	$14,616
Dec 2008	25	2,335	37.10	5.98	$14,884
Nov 2008	51	2,162	55.49	6.86	$17,662
Oct 2008	52	2,450	75.24	6.92	$20,871
Sep 2008	51	2,219	101.76	7.88	$22,669
Aug 2008	53	1,870	114.22	8.48	$21,917
Jul 2008	0	2,364	131.08	11.39	$26,925
Jun 2008	51	2,536	131.33	13.03	$39,749
May 2008	0	3,020	123.17	11.57	$34,954
Apr 2008	52	1,377	110.31	10.45	$20,132
Mar 2008	24	2,161	101.90	9.66	$23,330
Feb 2008	27	2,336	92.53	8.77	$22,986
Jan 2008	0	1,715	90.38	8.21	$14,073
Dec 2007	0	1,497	88.33	7.30	$10,931
Nov 2007	0	2,326	91.67	7.29	$16,960
Oct 2007	30	2,569	82.85	6.92	$20,268
Sep 2007	0	2,452	75.84	6.24	$15,311
Aug 2007	0	2,571	69.06	6.39	$16,423
Jul 2007	0	2,415	70.90	6.39	$15,427
Jun 2007	10	2,967	62.00	7.55	$23,016
May 2007	0	2,406	58.74	7.85	$18,878
Apr 2007	0	2,567	59.61	7.81	$20,036
Mar 2007	9	1,481	56.92	7.30	$11,327
Feb 2007	0	1,990	55.10	8.22	$16,350
Jan 2007	11	2,436	50.30	6.73	$16,940
Dec 2006	0	2,430	56.65	6.92	$16,812
Nov 2006	0	2,723	54.20	7.62	$20,742
Oct 2006	0	1,757	54.90	6.01	$10,566
Sep 2006	9	2,021	60.08	5.04	$10,721
Aug 2006	0	2,199	68.71	7.34	$16,140
Jul 2006	10	1,681	69.37	6.34	$11,356
Jun 2006	0	2,370	66.28	6.38	$15,130
May 2006	0	2,813	66.01	6.42	$18,074
Apr 2006	10	2,854	64.39	7.36	$21,651
Mar 2006	0	4,267	56.70	7.08	$30,223
Feb 2006	11	3,583	57.59	7.75	$28,406
Jan 2006	0	5,145	60.59	8.93	$45,962
Dec 2005	11	4,732	54.94	13.42	$64,086
Nov 2005	0	2,428	54.69	10.59	$25,709
Oct 2005	0	2,542	58.34	13.80	$35,069
Sep 2005	10	2,486	61.45	12.08	$30,643
Aug 2005	0	2,353	61.51	9.80	$23,052
Jul 2005	10	3,287	55.69	7.84	$26,339
Jun 2005	10	3,477	52.33	7.38	$26,187
May 2005	6	3,860	45.22	6.65	$25,945
Apr 2005	10	4,415	49.20	7.36	$32,989
Mar 2005	10	3,694	50.37	7.15	$26,934
Feb 2005	0	798	45.22	6.31	$5,037
Jan 2005	22	834	43.16	6.32	$6,222
Dec 2004	0	1,247	39.86	6.75	$8,419
Nov 2004	20	3,017	45.28	6.33	$20,004
Oct 2004	10	4,931	49.70	6.52	$32,623
Sep 2004	0	5,174	43.24	5.28	$27,339
Aug 2004	10	4,333	42.37	5.55	$24,475
Jul 2004	0	4,964	38.28	6.08	$30,202
Jun 2004	9	7,422	36.10	6.43	$48,071
May 2004	10	1,958	37.48	6.49	$13,091
Apr 2004	0	3,212	34.47	5.86	$18,817
Mar 2004	10	3,500	34.36	5.53	$19,699
Feb 2004	0	2,574	32.45	5.51	$14,182
Jan 2004	10	3,195	32.03	6.30	$20,448
Dec 2003	0	3,228	30.26	6.30	$20,342
Nov 2003	11	3,068	28.80	4.60	$14,415
Oct 2003	8	3,216	28.17	4.76	$15,532
Sep 2003	10	3,300	26.31	4.75	$15,936
Aug 2003	10	2,285	29.76	5.13	$12,019
Jul 2003	0	2,953	29.41	5.17	$15,269
Jun 2003	10	3,382	28.56	5.98	$20,520
May 2003	11	2,970	26.59	5.97	$18,031
Apr 2003	11	3,202	26.67	5.41	$17,607
Mar 2003	10	3,479	31.14	6.10	$21,520
Feb 2003	11	2,908	33.48	7.93	$23,417
Jan 2003	10	3,106	30.31	5.58	$17,641
Dec 2002	10	4,576	26.91	4.85	$22,480
Nov 2002	10	3,414	24.66	4.14	$14,370
Oct 2002	10	3,181	26.46	4.23	$13,717
Sep 2002	10	3,233	27.44	3.64	$12,027
Aug 2002	9	2,102	25.96	3.16	$6,885
Jul 2002	10	2,376	24.58	3.06	$7,521
Jun 2002	10	2,310	23.73	3.34	$7,949
May 2002	10	2,355	24.66	3.58	$8,687
Apr 2002	10	2,756	23.65	3.51	$9,916
Mar 2002	15	2,569	22.00	3.10	$8,301
Feb 2002	5	3,111	18.22	2.38	$7,482
Jan 2002	11	3,188	17.17	2.38	$7,763
Dec 2001	5	3,307	16.93	2.36	$7,904
Nov 2001	16	3,506	18.07	2.41	$8,723
Oct 2001	53	2,882	19.78	2.53	$8,337
Sep 2001	0	3,160	24.26	2.25	$7,114
Aug 2001	30	3,155	24.87	3.05	$10,379
Jul 2001	30	3,235	23.93	3.20	$11,060
Jun 2001	29	3,054	24.56	3.82	$12,391
May 2001	32	3,292	25.52	4.31	$14,996
Apr 2001	33	3,306	24.68	5.34	$18,453
Mar 2001	31	3,522	24.54	5.38	$19,697
Feb 2001	31	2,745	27.75	5.77	$16,691
Jan 2001	30	4,063	27.47	8.40	$34,948
Dec 2000	30	3,807	26.88	9.12	$35,536
Nov 2000	31	3,444	32.21	5.66	$20,485
Oct 2000	31	4,112	31.23	5.15	$22,126
Sep 2000	31	4,081	31.87	5.19	$22,154
Aug 2000	5	4,315	29.64	4.54	$19,742
Jul 2000	0	3,685	28.53	4.09	$15,071
Jun 2000	0	3,844	29.30	4.40	$16,903
May 2000	0	4,056	27.26	3.68	$14,925
Apr 2000	0	4,571	24.51	3.12	$14,243
Mar 2000	0	4,629	28.42	2.86	$13,238
Feb 2000	0	4,709	27.62	2.73	$12,839
Jan 2000	0	4,357	25.27	2.48	$10,808
Dec 1999	0	7,505	24.28	2.42	$18,190
Nov 1999	0	4,570	23.19	2.43	$11,123
Oct 1999	0	4,768	20.98	2.80	$13,368
Sep 1999	0	5,176	21.75	2.62	$13,555
Aug 1999	0	5,455	19.26	2.88	$15,686
Jul 1999	0	5,958	17.89	2.37	$14,135
Jun 1999	0	6,345	15.94	2.36	$14,988
May 1999	7	6,994	15.79	2.32	$16,344
Apr 1999	4	6,513	15.10	2.21	$14,441
Mar 1999	39	6,945	12.47	1.84	$13,254
Feb 1999	37	5,763	9.98	1.82	$10,845
Jan 1999	7	6,754	10.38	1.90	$12,905
Dec 1998	7	7,330	9.20	1.77	$13,063
Nov 1998	4	7,741	10.89	2.19	$16,963
Oct 1998	1	5,866	12.42	1.97	$11,564
Sep 1998	22	7,139	12.59	2.08	$15,145
Aug 1998	33	7,125	11.30	1.91	$13,963
Jul 1998	35	5,201	11.74	2.24	$12,047
Jun 1998	39	4,205	11.24	2.24	$9,846
May 1998	9	5,937	12.62	2.21	$13,213
Apr 1998	39	7,411	13.04	2.51	$19,076
Mar 1998	47	8,138	12.80	2.31	$19,396
Feb 1998	56	7,819	13.95	2.30	$18,758
Jan 1998	2	8,773	14.70	2.15	$18,933
Dec 1997	8	8,781	16.32	2.41	$21,302
Nov 1997	15	7,348	18.19	3.09	$22,965
Oct 1997	36	3,646	19.25	3.15	$12,177
Sep 1997	1	5,242	17.74	2.95	$15,507
Aug 1997	8	3,881	17.86	2.55	$10,058
Jul 1997	8	3,660	17.58	2.25	$8,364
Jun 1997	14	4,263	17.24	2.26	$9,864
May 1997	36	5,722	18.97	2.31	$13,892
Apr 1997	0	5,554	17.88	2.08	$11,568
Mar 1997	0	5,881	18.95	1.94	$11,404
Feb 1997	46	6,342	20.49	2.21	$14,932
Jan 1997	66	6,877	23.48	3.54	$25,892
Dec 1996	42	6,776	23.32	—	$979
Nov 1996	64	6,068	21.97	—	$1,406
Oct 1996	0	6,599	23.31	—	$0
Sep 1996	99	6,038	22.22	—	$2,200
Aug 1996	57	7,477	20.26	—	$1,155
Jul 1996	55	6,871	19.55	—	$1,075
Jun 1996	95	8,139	18.73	—	$1,779
May 1996	155	9,255	19.43	—	$3,012
Apr 1996	59	10,722	21.51	—	$1,269
Mar 1996	142	10,029	19.38	—	$2,752
Feb 1996	181	12,256	16.98	—	$3,073
Jan 1996	80	8,399	17.07	—	$1,366
Dec 1995	100	9,818	17.19	—	$1,719
Nov 1995	121	10,320	16.00	—	$1,936
Oct 1995	80	10,854	15.43	—	$1,234
Sep 1995	80	8,958	16.18	—	$1,294
Aug 1995	99	11,243	15.92	—	$1,576
Jul 1995	53	12,536	15.24	—	$808
Jun 1995	50	11,454	16.41	—	$821
May 1995	40	13,273	17.56	—	$702
Apr 1995	81	14,053	17.73	—	$1,436
Mar 1995	0	19,002	16.44	—	$0
Feb 1995	293	17,336	16.58	—	$4,858
Jan 1995	0	23,157	15.92	—	$0
Dec 1994	0	12,408	15.03	—	$0
Nov 1994	0	2,541	15.90	—	$0
Oct 1994	0	4,617	15.58	—	$0
Sep 1994	0	4,728	15.29	—	$0
Aug 1994	0	5,577	16.13	—	$0
Jul 1994	0	6,629	17.56	—	$0
Jun 1994	34	6,947	17.09	—	$581
May 1994	0	11,458	15.88	—	$0
Apr 1994	0	12,138	14.14	—	$0
Mar 1994	169	16,158	12.46	—	$2,106
Feb 1994	230	23,167	12.50	—	$2,875
Jan 1994	271	29,536	12.66	—	$3,431

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 2013 — as filed, then multipliedworked

Condensate             4 bbl  × $104.25 =       $417
Gas                    0 Mcf  × $  3.52 =         $0

────────────────────────────────────────────────────
Month total                                     $417

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. 06/G/148536 is the state's own key, not one this site invented.