WILLIAMS

Operated by FORTUNE RESOURCES LLC (P-5 278755) in the WILLOW SPRINGS (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 241844District 06Field 977521002 tax incentive programmesCondensateGasSaveExport
Value, all time
$645 k
Feb 2008 – Nov 2013
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
70
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 398 leases and 398 wells, and the rule below applies to all of them.

Discovered
1975-07-10
as the register files it
Field class
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 2016-10-25.

The Commission's schedule remark for this field reads: SINGLE RESERVOIR. PLEASE REFER TO ORDER FOR TAKE POINTS.

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 Gas112009-02-09189252
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
CondensateDisposition295 bbl$23,459
GasProduction123,672 Mcf$621,871
Total$645,330

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 32.5429, -94.7223. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.54285, -94.72230 · 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
10,932 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 10,932 ft.

Completions filed
Feb 2024
1 of 1 wells

1 well

42-18332004310,932 ftFeb 2024Yes

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 (70)

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

70 months

Nov 2013102088.853.74$9,063
Oct 201301,43797.423.78$5,431
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 2012016291.612.49$403
Apr 20120577101.652.00$1,152
Mar 20120618105.052.22$1,373
Feb 20120696101.102.57$1,789
Jan 2012078398.092.73$2,141
Dec 2011074696.873.24$2,417
Nov 2011073395.723.31$2,427
Oct 2011078684.983.65$2,868
Sep 2011070783.623.99$2,818
Aug 2011078683.404.15$3,261
Jul 2011095194.144.52$4,296
Jun 2011063692.904.64$2,951
May 201101,81598.134.40$7,995
Apr 201101,718105.964.33$7,445
Mar 201101,74696.364.06$7,084
Feb 201101,96385.644.18$8,205
Jan 201102,28086.504.59$10,462
Dec 201002,33785.734.35$10,161
Nov 201002,26380.843.80$8,589
Oct 201002,62078.103.51$9,193
Sep 201002,25572.633.98$8,974
Aug 201002,51173.684.42$11,097
Jul 201002,58672.554.74$12,249
Jun 201002,64970.364.91$13,008
May 201002,69871.124.24$11,427
Apr 201002,57681.694.12$10,620
Mar 201002,66778.394.39$11,705
Feb 201002,50773.585.44$13,644
Jan 201002,80974.365.96$16,753
Dec 200902,91271.445.48$15,969
Nov 20091932,90474.593.75$25,290
Oct 200903,12572.544.11$12,845
Sep 200903,14965.543.06$9,651
Aug 200903,40867.423.22$10,969
Jul 200903,53661.133.46$12,250
Jun 200903,47266.163.90$13,523
May 200903,53754.743.93$13,885
Apr 200903,44146.773.59$12,345
Mar 200903,95842.144.06$16,066
Feb 200903,80332.814.63$17,619
Jan 200904,56835.865.37$24,535
Dec 200805,01337.105.98$29,963
Nov 200805,09955.496.86$34,981
Oct 200805,89375.246.92$40,791
Sep 200806,736101.767.88$53,060
Aug 200809,500114.228.48$80,589
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$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 2013 — as filed, then multipliedworked
Condensate           102 bbl  × $ 88.85 =     $9,063
Gas                    0 Mcf  × $  3.74 =         $0

────────────────────────────────────────────────────
Month total                                   $9,063

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/241844 is the state's own key, not one this site invented.