WALDRON

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

Operated by SOUTHERLAND, GLENN OIL & GAS CO. (P-5 803420) in the HALLSVILLE, S (PETTIT LO. CRANE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 16057District 06Field 38293332CondensateGasSave Export

Value, all time

$1.5 M

Jan 1993 – Nov 2003

Value, last 12 filed months

$160 k

at the published price for each month

Months reported

131

no gaps in the span

Streams

condensate, gas

The HALLSVILLE, S (PETTIT LO. CRANE) 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 33 leases and 33 wells, and the rule below applies to all of them.

Discovered

1952-04-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1992-01-27.

The Commission's schedule remark for this field reads: “DOCKET #6-97351 EFF. 1-27-92.”

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	37,481 bbl	$704,623
Gas	Production	525,812 Mcf	$754,497
Total			$1,459,120

298,124 Mcf of this lease's gas, across 48 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 32.4048, -94.5340. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40483, -94.53402 · 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

6,790 ft

1 wells filed one

Completion to plug

44.8 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 6,790 ft.

Completions filed

Dec 1958

1 of 1 wells

Plug dates filed

Sep 2003

1 of 1 wells

Last completion to plug: a median of 44.8 years across the 1 well that filed both dates, with the middle half between 44.8 years and 44.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-20302118	1	6,790 ft	Dec 1958	Sep 2003	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 (131)

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

131 months


Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	7	0	26.31	4.75	$184
Aug 2003	90	655	29.76	5.13	$6,038
Jul 2003	90	704	29.41	5.17	$6,287
Jun 2003	267	2,351	28.56	5.98	$21,691
May 2003	181	1,871	26.59	5.97	$15,988
Apr 2003	274	1,992	26.67	5.41	$18,079
Mar 2003	273	2,162	31.14	6.10	$21,681
Feb 2003	182	2,550	33.48	7.93	$26,304
Jan 2003	277	2,383	30.31	5.58	$21,698
Dec 2002	279	3,078	26.91	4.85	$22,448
Nov 2002	186	1,800	24.66	4.14	$12,033
Oct 2002	273	2,149	26.46	4.23	$16,312
Sep 2002	270	2,776	27.44	3.64	$17,500
Aug 2002	269	2,776	25.96	3.16	$15,767
Jul 2002	269	2,870	24.58	3.06	$15,399
Jun 2002	94	1,922	23.73	3.34	$8,647
May 2002	269	2,974	24.66	3.58	$17,292
Apr 2002	181	2,939	23.65	3.51	$14,603
Mar 2002	184	2,991	22.00	3.10	$13,328
Feb 2002	279	2,595	18.22	2.38	$11,248
Jan 2002	280	3,019	17.17	2.38	$11,980
Dec 2001	92	3,089	16.93	2.36	$8,861
Nov 2001	180	3,092	18.07	2.41	$10,690
Oct 2001	182	2,891	19.78	2.53	$10,911
Sep 2001	179	3,080	24.26	2.25	$11,277
Aug 2001	265	3,225	24.87	3.05	$16,437
Jul 2001	179	3,287	23.93	3.20	$14,792
Jun 2001	87	3,190	24.56	3.82	$14,336
May 2001	271	3,206	25.52	4.31	$20,725
Apr 2001	269	2,700	24.68	5.34	$21,044
Mar 2001	0	3,105	24.54	5.38	$16,694
Feb 2001	181	2,832	27.75	5.77	$21,355
Jan 2001	90	2,306	27.47	8.40	$21,840
Dec 2000	182	2,960	26.88	9.12	$31,895
Nov 2000	91	1,641	32.21	5.66	$12,216
Oct 2000	268	3,024	31.23	5.15	$23,930
Sep 2000	88	3,147	31.87	5.19	$19,126
Aug 2000	177	3,290	29.64	4.54	$20,185
Jul 2000	180	3,222	28.53	4.09	$18,313
Jun 2000	269	3,165	29.30	4.40	$21,799
May 2000	180	3,170	27.26	3.68	$16,572
Apr 2000	182	3,275	24.51	3.12	$14,666
Mar 2000	186	3,354	28.42	2.86	$14,878
Feb 2000	187	3,111	27.62	2.73	$13,647
Jan 2000	183	3,346	25.27	2.48	$12,924
Dec 1999	186	3,257	24.28	2.42	$12,410
Nov 1999	276	3,288	23.19	2.43	$14,403
Oct 1999	273	3,444	20.98	2.80	$15,384
Sep 1999	183	3,161	21.75	2.62	$12,258
Aug 1999	177	3,482	19.26	2.88	$13,422
Jul 1999	180	3,503	17.89	2.37	$11,531
Jun 1999	182	3,582	15.94	2.36	$11,362
May 1999	91	2,218	15.79	2.32	$6,585
Apr 1999	183	2,554	15.10	2.21	$8,403
Mar 1999	202	2,972	12.47	1.84	$7,982
Feb 1999	90	2,842	9.98	1.82	$6,064
Jan 1999	179	3,128	10.38	1.90	$7,801
Dec 1998	182	2,708	9.20	1.77	$6,477
Nov 1998	180	2,664	10.89	2.19	$7,783
Oct 1998	184	2,213	12.42	1.97	$6,643
Sep 1998	179	3,227	12.59	2.08	$8,974
Aug 1998	178	3,125	11.30	1.91	$7,972
Jul 1998	265	3,284	11.74	2.24	$10,458
Jun 1998	179	3,264	11.24	2.24	$9,314
May 1998	269	3,275	12.62	2.21	$10,621
Apr 1998	262	3,204	13.04	2.51	$11,444
Mar 1998	358	3,180	12.80	2.31	$11,926
Feb 1998	274	2,942	13.95	2.30	$10,586
Jan 1998	271	3,343	14.70	2.15	$11,187
Dec 1997	271	3,232	16.32	2.41	$12,215
Nov 1997	182	2,031	18.19	3.09	$9,583
Oct 1997	357	3,194	19.25	3.15	$16,933
Sep 1997	354	3,097	17.74	2.95	$15,431
Aug 1997	265	3,362	17.86	2.55	$13,322
Jul 1997	272	2,092	17.58	2.25	$9,482
Jun 1997	88	2,878	17.24	2.26	$8,013
May 1997	360	3,081	18.97	2.31	$13,942
Apr 1997	270	3,028	17.88	2.08	$11,134
Mar 1997	374	2,983	18.95	1.94	$12,872
Feb 1997	277	2,882	20.49	2.21	$12,033
Jan 1997	187	2,703	23.48	3.54	$13,959
Dec 1996	277	3,023	23.32	—	$6,460
Nov 1996	275	2,821	21.97	—	$6,042
Oct 1996	270	2,344	23.31	—	$6,294
Sep 1996	366	3,564	22.22	—	$8,133
Aug 1996	367	3,911	20.26	—	$7,435
Jul 1996	266	2,878	19.55	—	$5,200
Jun 1996	266	3,674	18.73	—	$4,982
May 1996	332	3,888	19.43	—	$6,451
Apr 1996	245	4,012	21.51	—	$5,270
Mar 1996	549	5,039	19.38	—	$10,640
Feb 1996	362	4,651	16.98	—	$6,147
Jan 1996	372	4,607	17.07	—	$6,350
Dec 1995	364	4,833	17.19	—	$6,257
Nov 1995	365	4,843	16.00	—	$5,840
Oct 1995	365	4,981	15.43	—	$5,632
Sep 1995	360	4,889	16.18	—	$5,825
Aug 1995	358	5,498	15.92	—	$5,699
Jul 1995	356	6,033	15.24	—	$5,425
Jun 1995	537	6,048	16.41	—	$8,812
May 1995	537	6,292	17.56	—	$9,430
Apr 1995	542	6,110	17.73	—	$9,610
Mar 1995	368	6,349	16.44	—	$6,050
Feb 1995	549	6,009	16.58	—	$9,102
Jan 1995	555	7,083	15.92	—	$8,836
Dec 1994	183	6,229	15.03	—	$2,750
Nov 1994	735	6,239	15.90	—	$11,687
Oct 1994	540	6,568	15.58	—	$8,413
Sep 1994	537	6,451	15.29	—	$8,211
Aug 1994	356	6,812	16.13	—	$5,742
Jul 1994	529	6,508	17.56	—	$9,289
Jun 1994	528	6,840	17.09	—	$9,024
May 1994	360	7,064	15.88	—	$5,717
Apr 1994	539	6,645	14.14	—	$7,621
Mar 1994	363	7,201	12.46	—	$4,523
Feb 1994	552	7,160	12.50	—	$6,900
Jan 1994	365	7,042	12.66	—	$4,621
Dec 1993	368	8,218	12.33	—	$4,537
Nov 1993	551	8,384	14.49	—	$7,984
Oct 1993	365	8,397	15.85	—	$5,785
Sep 1993	545	8,371	15.03	—	$8,191
Aug 1993	362	8,277	15.66	—	$5,669
Jul 1993	356	7,872	15.46	—	$5,504
Jun 1993	543	8,913	16.79	—	$9,117
May 1993	538	7,883	17.68	—	$9,512
Apr 1993	365	8,517	18.05	—	$6,588
Mar 1993	548	9,437	18.14	—	$9,941
Feb 1993	552	9,754	17.90	—	$9,881
Jan 1993	736	9,962	16.93	—	$12,460

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.

Sep 2003 — as filed, then multipliedworked

Condensate             7 bbl  × $ 26.31 =       $184
Gas                    0 Mcf  × $  4.75 =         $0

────────────────────────────────────────────────────
Month total                                     $184

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/16057 is the state's own key, not one this site invented.