WILLIAM, ROBERT

Operated by MAXIMA ENERGY CORP. (P-5 534234) 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 153340District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$15 k
Jan 1995 – Jul 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
103
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111995-04-12131871
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
CondensateDisposition734 bbl$14,137
GasProduction16,841 Mcf$650
Total$14,787

16,602 Mcf of this lease's gas, across 20 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 32.2763, -94.8995. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27633, -94.89952 · 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%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,300 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
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 11,300 ft.

Completions filed
Jan 1995
1 of 1 wells

1 well

42-40132555111,300 ftJan 1995Yes

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 (103)

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

103 months

Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001246024.563.82$6,042
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010427.478.40$34
Dec 20000226.889.12$18
Nov 20000232.215.66$11
Oct 20000231.235.15$10
Sep 20000431.875.19$21
Aug 20000329.644.54$14
Jul 20000328.534.09$12
Jun 20000429.304.40$18
May 20000427.263.68$15
Apr 20000524.513.12$16
Mar 20000328.422.86$9
Feb 20000327.622.73$8
Jan 20000225.272.48$5
Dec 19990324.282.42$7
Nov 19990523.192.43$12
Oct 19990320.982.80$8
Sep 19990321.752.62$8
Aug 19990319.262.88$9
Jul 19990317.892.37$7
Jun 19990415.942.36$9
May 19990315.792.32$7
Apr 19990315.102.21$7
Mar 19990212.471.84$4
Feb 1999039.981.82$5
Jan 19990510.381.90$10
Dec 1998039.201.77$5
Nov 19980410.892.19$9
Oct 19980412.421.97$8
Sep 19980512.592.08$10
Aug 19980411.301.91$8
Jul 19980311.742.24$7
Jun 19980411.242.24$9
May 19980412.622.21$9
Apr 19980513.042.51$13
Mar 19980312.802.31$7
Feb 19980213.952.30$5
Jan 19980214.702.15$4
Dec 19970316.322.41$7
Nov 19970318.193.09$9
Oct 19970119.253.15$3
Sep 19970117.742.95$3
Aug 19970317.862.55$8
Jul 19970317.582.25$7
Jun 19970717.242.26$16
May 199701918.972.31$44
Apr 199702117.882.08$44
Mar 199702018.951.94$39
Feb 199701920.492.21$42
Jan 199701523.483.54$53
Dec 199601023.32$0
Nov 199601021.97$0
Oct 19960423.31$0
Sep 19960222.22$0
Aug 19960420.26$0
Jul 199601019.55$0
Jun 19960618.73$0
May 19960819.43$0
Apr 199601221.51$0
Mar 199601019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 1995130016.00$2,080
Oct 1995214215.43$31
Sep 1995068116.18$0
Aug 199501,54515.92$0
Jul 1995037015.24$0
Jun 199501,91316.41$0
May 19951931,83517.56$3,389
Apr 1995095917.73$0
Mar 199502,03616.44$0
Feb 199502,81716.58$0
Jan 19951634,22815.92$2,595

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 2001 — as filed, then multipliedworked
Condensate           246 bbl  × $ 24.56 =     $6,042
Gas                    0 Mcf  × $  3.82 =         $0

────────────────────────────────────────────────────
Month total                                   $6,042

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/153340 is the state's own key, not one this site invented.