WILLIAMS

Operated by SWN PRODUCTION COMPANY, LLC (P-5 833596) in the RED LAND field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 238359District 06Field 753190012 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Feb 2008 – Apr 2015
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
87
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1939-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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 Gas112009-01-29188604
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
CondensateDisposition1,787 bbl$153,701
GasProduction338,210 Mcf$2,514,174
Total$2,667,876

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 31.4280, -94.7832. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42805, -94.78321 · 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
100.0%
1 of 1 wells
Median depth
12,610 ft
1 wells filed one
Completion to plug
7.2 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 12,610 ft.

Completions filed
Feb 2008
1 of 1 wells
Plug dates filed
Apr 2015
1 of 1 wells

Last completion to plug: a median of 7.2 years across the 1 well that filed both dates, with the middle half between 7.2 years and 7.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-00530316112,610 ftFeb 2008Apr 2015Yes

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 (87)

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

87 months

Apr 20150049.822.71$0
Mar 201582042.892.93$3,517
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 201302091.824.35$87
Nov 201301588.853.74$56
Oct 201302697.423.78$98
Sep 201300104.113.72$0
Aug 201302104.253.52$7
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130293.964.28$9
Mar 201303393.623.91$129
Feb 20130091.233.42$0
Jan 2013038691.603.42$1,320
Dec 201201,55586.773.42$5,318
Nov 201203,05786.953.62$11,082
Oct 201204,71789.383.40$16,036
Sep 201203494.672.92$99
Aug 201203892.662.91$111
Jul 201203585.133.02$106
Jun 201204179.822.52$103
May 201203791.612.49$92
Apr 2012045101.652.00$90
Mar 2012049105.052.22$109
Feb 2012040101.102.57$103
Jan 201204898.092.73$131
Dec 201105296.873.24$168
Nov 201106095.723.31$199
Oct 201105684.983.65$204
Sep 201105483.623.99$215
Aug 201106483.404.15$266
Jul 201106694.144.52$298
Jun 201107692.904.64$353
May 201108298.134.40$361
Apr 20110101105.964.33$438
Mar 2011028496.364.06$1,152
Feb 2011014385.644.18$598
Jan 201115822986.504.59$14,718
Dec 2010025285.734.35$1,096
Nov 2010025880.843.80$979
Oct 2010026278.103.51$919
Sep 2010058772.633.98$2,336
Aug 2010091473.684.42$4,039
Jul 2010098872.554.74$4,680
Jun 201001,45570.364.91$7,145
May 201001,94371.124.24$8,229
Apr 201001,71081.694.12$7,050
Mar 201005,28078.394.39$23,172
Feb 201004,94273.585.44$26,896
Jan 201005,49974.365.96$32,797
Dec 200916,05071.445.48$33,248
Nov 20091776,18674.593.75$36,409
Oct 200906,94772.544.11$28,554
Sep 200908,36665.543.06$25,640
Aug 200908,62167.423.22$27,747
Jul 20091538,66861.133.46$39,383
Jun 200908,52566.163.90$33,205
May 2009010,01654.743.93$39,320
Apr 200916212,51046.773.59$52,456
Mar 200907,25442.144.06$29,444
Feb 200907,19532.814.63$33,334
Jan 200908,79535.865.37$47,238
Dec 20081749,70337.105.98$64,452
Nov 2008011,56055.496.86$79,306
Oct 2008013,50675.246.92$93,488
Sep 200818912,710101.767.88$119,350
Aug 2008015,296114.228.48$129,756
Jul 200817415,771131.0811.39$202,431
Jun 2008018,534131.3313.03$241,547
May 200817723,532123.1711.57$294,167
Apr 200816328,792110.3110.45$318,997
Mar 200817732,068101.909.66$327,944
Feb 2008022,06892.538.77$193,549

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.

Mar 2015 — as filed, then multipliedworked
Condensate            82 bbl  × $ 42.89 =     $3,517
Gas                    0 Mcf  × $  2.93 =         $0

────────────────────────────────────────────────────
Month total                                   $3,517

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/238359 is the state's own key, not one this site invented.