WILSON, P.M. HEIRS

Name: WILSON, P.M. HEIRS lease production and value, Feb 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LINN OPERATING, INC. (P-5 501545) in the OVERTON (COTTON VALLEY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 210888District 06Field 678491502 tax incentive programmesCondensateGasSave Export

Value, all time

$3.8 M

Feb 2005 – Nov 2014

Value, last 12 filed months

at the published price for each month

Months reported

118

no gaps in the span

Streams

condensate, gas

The OVERTON (COTTON VALLEY SAND) 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 702 leases and 702 wells, and the rule below applies to all of them.

Discovered

1977-02-23

as the register files it

Field class

Oil and gas

the register's own label

Between wells

600 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-03-25.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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	2005-10-26	165860
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	2,115 bbl	$128,987
Gas	Production	493,849 Mcf	$3,642,211
Total			$3,771,198

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 32.2126, -95.0607. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21264, -95.06071 · 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

0.0%

0 of 1 wells

Median depth

11,705 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 11,705 ft.

Completions filed

Jan 2012

1 of 1 wells

1 well


42-42331844	6	11,705 ft	Jan 2012	—	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 (118)

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

118 months


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	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	51	325	98.09	2.73	$5,891
Dec 2011	0	1,325	96.87	3.24	$4,293
Nov 2011	0	1,514	95.72	3.31	$5,013
Oct 2011	0	1,579	84.98	3.65	$5,761
Sep 2011	0	1,542	83.62	3.99	$6,146
Aug 2011	0	1,613	83.40	4.15	$6,693
Jul 2011	0	1,588	94.14	4.52	$7,173
Jun 2011	0	1,588	92.90	4.64	$7,368
May 2011	0	1,683	98.13	4.40	$7,413
Apr 2011	0	1,691	105.96	4.33	$7,328
Mar 2011	1	1,824	96.36	4.06	$7,497
Feb 2011	62	1,655	85.64	4.18	$12,228
Jan 2011	0	1,884	86.50	4.59	$8,645
Dec 2010	0	1,987	85.73	4.35	$8,639
Nov 2010	0	2,079	80.84	3.80	$7,890
Oct 2010	0	2,025	78.10	3.51	$7,106
Sep 2010	0	1,999	72.63	3.98	$7,955
Aug 2010	0	2,117	73.68	4.42	$9,356
Jul 2010	0	1,989	72.55	4.74	$9,421
Jun 2010	0	2,065	70.36	4.91	$10,140
May 2010	0	2,275	71.12	4.24	$9,635
Apr 2010	0	2,193	81.69	4.12	$9,041
Mar 2010	44	2,274	78.39	4.39	$13,429
Feb 2010	0	2,151	73.58	5.44	$11,707
Jan 2010	0	2,306	74.36	5.96	$13,753
Dec 2009	0	2,352	71.44	5.48	$12,898
Nov 2009	0	2,430	74.59	3.75	$9,116
Oct 2009	0	2,534	72.54	4.11	$10,415
Sep 2009	0	2,451	65.54	3.06	$7,512
Aug 2009	0	2,712	67.42	3.22	$8,729
Jul 2009	55	2,645	61.13	3.46	$12,526
Jun 2009	0	2,881	66.16	3.90	$11,222
May 2009	0	3,033	54.74	3.93	$11,907
Apr 2009	0	2,937	46.77	3.59	$10,536
Mar 2009	1	3,176	42.14	4.06	$12,934
Feb 2009	0	2,908	32.81	4.63	$13,473
Jan 2009	70	3,243	35.86	5.37	$19,928
Dec 2008	0	3,319	37.10	5.98	$19,838
Nov 2008	1	3,142	55.49	6.86	$21,611
Oct 2008	0	3,352	75.24	6.92	$23,202
Sep 2008	0	3,233	101.76	7.88	$25,467
Aug 2008	1	3,765	114.22	8.48	$32,053
Jul 2008	67	3,812	131.08	11.39	$52,199
Jun 2008	0	3,562	131.33	13.03	$46,422
May 2008	0	4,185	123.17	11.57	$48,438
Apr 2008	0	4,051	110.31	10.45	$42,353
Mar 2008	65	4,383	101.90	9.66	$48,981
Feb 2008	1	4,222	92.53	8.77	$37,122
Jan 2008	0	4,673	90.38	8.21	$38,345
Dec 2007	0	4,830	88.33	7.30	$35,269
Nov 2007	1	4,837	91.67	7.29	$35,362
Oct 2007	65	5,147	82.85	6.92	$41,013
Sep 2007	1	5,034	75.84	6.24	$31,509
Aug 2007	0	5,235	69.06	6.39	$33,441
Jul 2007	0	5,476	70.90	6.39	$34,980
Jun 2007	58	5,465	62.00	7.55	$44,848
May 2007	1	5,824	58.74	7.85	$45,755
Apr 2007	1	5,774	59.61	7.81	$45,127
Mar 2007	51	6,033	56.92	7.30	$46,956
Feb 2007	69	5,546	55.10	8.22	$49,368
Jan 2007	2	5,988	50.30	6.73	$40,381
Dec 2006	1	6,741	56.65	6.92	$46,694
Nov 2006	1	6,854	54.20	7.62	$52,264
Oct 2006	1	7,685	54.90	6.01	$46,271
Sep 2006	1	7,930	60.08	5.04	$40,005
Aug 2006	1	9,279	68.71	7.34	$68,176
Jul 2006	1	8,811	69.37	6.34	$55,955
Jun 2006	70	6,953	66.28	6.38	$49,027
May 2006	1	8,935	66.01	6.42	$57,473
Apr 2006	60	8,910	64.39	7.36	$69,445
Mar 2006	1	9,505	56.70	7.08	$67,380
Feb 2006	52	8,899	57.59	7.75	$71,972
Jan 2006	2	11,061	60.59	8.93	$98,933
Dec 2005	46	11,729	54.94	13.42	$159,876
Nov 2005	95	10,662	54.69	10.59	$118,089
Oct 2005	1	11,930	58.34	13.80	$164,642
Sep 2005	114	11,927	61.45	12.08	$151,072
Aug 2005	106	12,832	61.51	9.80	$132,233
Jul 2005	101	14,561	55.69	7.84	$119,836
Jun 2005	114	15,759	52.33	7.38	$122,283
May 2005	140	18,965	45.22	6.65	$132,470
Apr 2005	132	23,681	49.20	7.36	$180,798
Mar 2005	250	34,581	50.37	7.15	$260,015
Feb 2005	156	36,198	45.22	6.31	$235,533

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.

Jan 2012 — as filed, then multipliedworked

Condensate            51 bbl  × $ 98.09 =     $5,003
Gas                  325 Mcf  × $  2.73 =       $889

────────────────────────────────────────────────────
Month total                                   $5,891

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/210888 is the state's own key, not one this site invented.