WASHINGTON, G.W. ESTATE GAS UNIT

Name: WASHINGTON, G.W. ESTATE GAS UNIT lease production and value, Jun 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by VERADO ENERGY, INC. (P-5 884563) 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 203823District 06Field 664612752 tax incentive programmesCondensateGasSave Export

Value, all time

$2.2 M

Jun 2004 – Nov 2020

Value, last 12 filed months

$13 k

at the published price for each month

Months reported

198

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	2004-11-19	159602
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	4,538 bbl	$283,860
Gas	Production	359,676 Mcf	$1,952,090
Total			$2,235,950

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 32.3027, -94.8760. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.30266, -94.87602 · 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

11,147 ft

1 wells filed one

Completion to plug

16.4 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 11,147 ft.

Completions filed

Jun 2004

1 of 1 wells

Plug dates filed

Nov 2020

1 of 1 wells

Last completion to plug: a median of 16.4 years across the 1 well that filed both dates, with the middle half between 16.4 years and 16.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-40133347	1	11,147 ft	Jun 2004	Nov 2020	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 (198)

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

198 months


Nov 2020	29	2	38.77	2.71	$1,130
Oct 2020	0	537	36.97	2.48	$1,331
Sep 2020	0	495	37.09	1.99	$986
Aug 2020	0	519	39.98	2.39	$1,238
Jul 2020	0	509	38.37	1.83	$929
Jun 2020	2	545	34.90	1.69	$991
May 2020	0	577	16.92	1.81	$1,047
Apr 2020	1	520	14.75	1.80	$953
Mar 2020	0	563	30.34	1.86	$1,045
Feb 2020	0	473	49.88	1.98	$937
Jan 2020	0	622	57.25	2.09	$1,303
Dec 2019	0	690	59.01	2.30	$1,590
Nov 2019	0	616	55.30	2.75	$1,694
Oct 2019	0	884	53.47	2.42	$2,138
Sep 2019	135	748	55.05	2.66	$9,419
Aug 2019	1	579	53.11	2.30	$1,387
Jul 2019	0	1,066	56.27	2.46	$2,622
Jun 2019	1	710	52.78	2.49	$1,822
May 2019	0	1,037	58.48	2.74	$2,842
Apr 2019	0	1,261	62.63	2.75	$3,469
Mar 2019	1	1,348	56.80	3.06	$4,185
Feb 2019	0	259	50.85	2.79	$723
Jan 2019	0	1,286	46.03	3.23	$4,151
Dec 2018	0	896	46.59	4.19	$3,750
Nov 2018	0	562	52.93	4.24	$2,381
Oct 2018	0	1,094	61.44	3.40	$3,718
Sep 2018	0	1,150	59.54	3.11	$3,574
Aug 2018	0	1,194	59.40	3.07	$3,661
Jul 2018	134	1,338	65.14	2.93	$12,652
Jun 2018	0	1,073	60.18	3.08	$3,302
May 2018	0	200	65.38	2.90	$580
Apr 2018	0	978	63.84	2.90	$2,837
Mar 2018	0	1,114	61.22	2.79	$3,105
Feb 2018	0	987	61.78	2.77	$2,730
Jan 2018	0	1,389	62.87	4.01	$5,569
Dec 2017	0	1,276	57.27	2.92	$3,728
Nov 2017	0	1,449	55.42	3.12	$4,519
Oct 2017	0	1,068	49.29	2.98	$3,187
Sep 2017	0	1,329	47.52	3.09	$4,103
Aug 2017	0	2,709	45.37	3.00	$8,139
Jul 2017	0	2,001	43.87	3.09	$6,178
Jun 2017	0	1,758	42.49	3.09	$5,427
May 2017	0	2,144	45.37	3.26	$6,997
Apr 2017	0	2,477	47.93	3.21	$7,955
Mar 2017	1	2,013	46.77	2.98	$6,053
Feb 2017	2	3,325	50.45	2.95	$9,918
Jan 2017	0	1,946	49.41	3.42	$6,653
Dec 2016	0	3,028	48.76	3.72	$11,273
Nov 2016	0	3,475	42.49	2.64	$9,189
Oct 2016	0	1,016	46.19	3.09	$3,140
Sep 2016	0	2,287	41.55	3.10	$7,091
Aug 2016	0	2,735	41.44	2.92	$7,998
Jul 2016	0	2,660	41.62	2.92	$7,779
Jun 2016	0	2,137	45.35	2.69	$5,740
May 2016	0	2,799	42.52	1.99	$5,573
Apr 2016	0	2,345	36.56	1.99	$4,669
Mar 2016	9	1,812	33.01	1.79	$3,548
Feb 2016	0	2,204	26.47	2.06	$4,548
Jan 2016	0	1,542	27.35	2.36	$3,646
Dec 2015	0	1,129	32.36	2.00	$2,260
Nov 2015	0	976	38.79	2.17	$2,115
Oct 2015	0	1,036	43.55	2.43	$2,514
Sep 2015	188	756	42.99	2.76	$10,167
Aug 2015	1	893	40.16	2.87	$2,605
Jul 2015	0	891	48.15	2.95	$2,624
Jun 2015	0	892	56.15	2.88	$2,572
May 2015	0	1,331	55.21	2.96	$3,934
Apr 2015	0	1,393	49.82	2.71	$3,770
Mar 2015	0	1,289	42.89	2.93	$3,783
Feb 2015	0	1,372	44.66	2.98	$4,083
Jan 2015	0	1,420	43.43	3.10	$4,403
Dec 2014	1	1,814	54.69	3.59	$6,569
Nov 2014	0	1,816	70.46	4.25	$7,721
Oct 2014	0	1,347	78.30	3.90	$5,255
Sep 2014	0	1,292	86.16	4.05	$5,227
Aug 2014	0	1,147	89.39	4.04	$4,628
Jul 2014	0	1,118	96.56	4.18	$4,673
Jun 2014	0	1,562	98.16	4.74	$7,399
May 2014	0	1,372	94.73	4.73	$6,485
Apr 2014	180	1,758	95.94	4.81	$25,724
Mar 2014	0	1,938	95.89	5.06	$9,800
Feb 2014	0	1,154	97.40	6.19	$7,146
Jan 2014	0	1,289	90.40	4.86	$6,265
Dec 2013	0	1,746	91.82	4.35	$7,603
Nov 2013	0	1,213	88.85	3.74	$4,535
Oct 2013	0	1,594	97.42	3.78	$6,024
Sep 2013	1	1,437	104.11	3.72	$5,447
Aug 2013	0	1,706	104.25	3.52	$6,010
Jul 2013	1	2,032	102.52	3.72	$7,657
Jun 2013	181	1,892	94.40	3.93	$24,528
May 2013	0	1,628	94.83	4.15	$6,755
Apr 2013	1	1,564	93.96	4.28	$6,792
Mar 2013	1	1,974	93.62	3.91	$7,818
Feb 2013	0	1,805	91.23	3.42	$6,173
Jan 2013	0	1,813	91.60	3.42	$6,200
Dec 2012	0	1,449	86.77	3.42	$4,956
Nov 2012	1	996	86.95	3.62	$3,697
Oct 2012	184	913	89.38	3.40	$19,550
Sep 2012	0	633	94.67	2.92	$1,847
Aug 2012	2	912	92.66	2.91	$2,838
Jul 2012	0	620	85.13	3.02	$1,873
Jun 2012	2	524	79.82	2.52	$1,480
May 2012	0	555	91.61	2.49	$1,381
Apr 2012	0	551	101.65	2.00	$1,100
Mar 2012	1	445	105.05	2.22	$1,094
Feb 2012	0	238	101.10	2.57	$612
Jan 2012	0	323	98.09	2.73	$883
Dec 2011	0	306	96.87	3.24	$991
Nov 2011	0	579	95.72	3.31	$1,917
Oct 2011	0	397	84.98	3.65	$1,448
Sep 2011	0	401	83.62	3.99	$1,598
Aug 2011	0	477	83.40	4.15	$1,979
Jul 2011	153	644	94.14	4.52	$17,313
Jun 2011	0	627	92.90	4.64	$2,909
May 2011	0	887	98.13	4.40	$3,907
Apr 2011	0	568	105.96	4.33	$2,461
Mar 2011	0	985	96.36	4.06	$3,996
Feb 2011	0	607	85.64	4.18	$2,537
Jan 2011	0	1,134	86.50	4.59	$5,204
Dec 2010	0	788	85.73	4.35	$3,426
Nov 2010	0	1,524	80.84	3.80	$5,784
Oct 2010	1	117	78.10	3.51	$489
Sep 2010	1	1,191	72.63	3.98	$4,812
Aug 2010	0	766	73.68	4.42	$3,385
Jul 2010	186	806	72.55	4.74	$17,312
Jun 2010	0	1,046	70.36	4.91	$5,136
May 2010	0	980	71.12	4.24	$4,151
Apr 2010	0	1,035	81.69	4.12	$4,267
Mar 2010	0	872	78.39	4.39	$3,827
Feb 2010	0	1,050	73.58	5.44	$5,714
Jan 2010	0	1,720	74.36	5.96	$10,258
Dec 2009	0	1,099	71.44	5.48	$6,027
Nov 2009	179	1,430	74.59	3.75	$18,716
Oct 2009	0	1,865	72.54	4.11	$7,666
Sep 2009	0	1,606	65.54	3.06	$4,922
Aug 2009	0	1,521	67.42	3.22	$4,895
Jul 2009	0	987	61.13	3.46	$3,419
Jun 2009	0	1,481	66.16	3.90	$5,769
May 2009	0	1,715	54.74	3.93	$6,733
Apr 2009	0	1,761	46.77	3.59	$6,318
Mar 2009	0	1,714	42.14	4.06	$6,957
Feb 2009	0	1,792	32.81	4.63	$8,302
Jan 2009	0	1,944	35.86	5.37	$10,441
Dec 2008	0	2,084	37.10	5.98	$12,456
Nov 2008	0	1,678	55.49	6.86	$11,512
Oct 2008	0	1,976	75.24	6.92	$13,678
Sep 2008	0	1,908	101.76	7.88	$15,029
Aug 2008	154	1,727	114.22	8.48	$32,240
Jul 2008	0	1,434	131.08	11.39	$16,332
Jun 2008	0	810	131.33	13.03	$10,556
May 2008	0	1,206	123.17	11.57	$13,959
Apr 2008	0	1,519	110.31	10.45	$15,881
Mar 2008	144	2,067	101.90	9.66	$34,649
Feb 2008	0	1,201	92.53	8.77	$10,533
Jan 2008	0	1,369	90.38	8.21	$11,234
Dec 2007	0	1,546	88.33	7.30	$11,289
Nov 2007	0	1,348	91.67	7.29	$9,829
Oct 2007	167	1,815	82.85	6.92	$26,399
Sep 2007	0	1,362	75.84	6.24	$8,505
Aug 2007	0	1,055	69.06	6.39	$6,739
Jul 2007	0	1,729	70.90	6.39	$11,045
Jun 2007	0	1,786	62.00	7.55	$13,482
May 2007	0	1,556	58.74	7.85	$12,209
Apr 2007	0	1,755	59.61	7.81	$13,698
Mar 2007	0	1,675	56.92	7.30	$12,231
Feb 2007	0	1,374	55.10	8.22	$11,289
Jan 2007	142	2,286	50.30	6.73	$22,520
Dec 2006	0	1,835	56.65	6.92	$12,695
Nov 2006	2	2,278	54.20	7.62	$17,461
Oct 2006	1	2,032	54.90	6.01	$12,275
Sep 2006	179	2,311	60.08	5.04	$22,395
Aug 2006	0	1,770	68.71	7.34	$12,992
Jul 2006	0	2,442	69.37	6.34	$15,489
Jun 2006	0	3,030	66.28	6.38	$19,343
May 2006	0	2,832	66.01	6.42	$18,196
Apr 2006	0	2,704	64.39	7.36	$19,903
Mar 2006	179	3,567	56.70	7.08	$35,414
Feb 2006	0	3,217	57.59	7.75	$24,935
Jan 2006	0	3,568	60.59	8.93	$31,874
Dec 2005	179	4,041	54.94	13.42	$64,046
Nov 2005	0	3,417	54.69	10.59	$36,181
Oct 2005	0	3,488	58.34	13.80	$48,120
Sep 2005	0	3,542	61.45	12.08	$42,784
Aug 2005	0	4,204	61.51	9.80	$41,186
Jul 2005	184	4,172	55.69	7.84	$42,971
Jun 2005	0	4,193	52.33	7.38	$30,949
May 2005	176	4,340	45.22	6.65	$36,825
Apr 2005	0	4,188	49.20	7.36	$30,826
Mar 2005	175	5,195	50.37	7.15	$45,984
Feb 2005	6	5,227	45.22	6.31	$33,264
Jan 2005	187	6,520	43.16	6.32	$49,292
Dec 2004	4	7,247	39.86	6.75	$49,085
Nov 2004	183	8,307	45.28	6.33	$60,873
Oct 2004	0	6,268	49.70	6.52	$40,837
Sep 2004	185	6,659	43.24	5.28	$43,185
Aug 2004	353	13,749	42.37	5.55	$91,273
Jul 2004	357	17,741	38.28	6.08	$121,605
Jun 2004	0	0	36.10	6.43	$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.

Nov 2020 — as filed, then multipliedworked

Condensate            29 bbl  × $ 38.77 =     $1,124
Gas                    2 Mcf  × $  2.71 =         $5

────────────────────────────────────────────────────
Month total                                   $1,130

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/203823 is the state's own key, not one this site invented.