WEIR ESTATE

Operated by SLANT OPERATING, LLC (P-5 786697) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 262929District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Dec 2010 – May 2022
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
138
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2011-02-08.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112012-06-05205884
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
CondensateDisposition2,817 bbl$218,908
GasProduction315,988 Mcf$1,132,283
Total$1,351,191

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 32.1917, -94.5311. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19165, -94.53115 · 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
10,229 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 10,229 ft.

Completions filed
Sep 2021
1 of 1 wells

1 well

42-36537696510,229 ftSep 2021Yes

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 (138)

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

138 months

May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021069166.024.22$2,916
Jul 2021780670.783.98$3,705
Jun 2021082369.493.38$2,782
May 2021086263.483.02$2,601
Apr 202131,00760.362.76$2,959
Mar 2021078261.302.72$2,125
Feb 2021070157.805.55$3,889
Jan 2021152050.412.81$1,512
Dec 20201255844.642.68$2,029
Nov 2020042338.772.71$1,145
Oct 20207177936.972.48$4,556
Sep 2020064837.091.99$1,290
Aug 2020082739.982.39$1,972
Jul 2020055438.371.83$1,011
Jun 2020073234.901.69$1,237
May 202001,07016.921.81$1,942
Apr 2020043514.751.80$785
Mar 2020054830.341.86$1,017
Feb 2020070649.881.98$1,398
Jan 2020073257.252.09$1,533
Dec 2019083759.012.30$1,929
Nov 201901,01255.302.75$2,784
Oct 2019096553.472.42$2,334
Sep 2019097755.052.66$2,596
Aug 2019083753.112.30$1,929
Jul 2019088856.272.46$2,185
Jun 2019094852.782.49$2,362
May 2019087258.482.74$2,390
Apr 2019095062.632.75$2,613
Mar 2019092156.803.06$2,820
Feb 201917481950.852.79$11,135
Jan 201901,13646.033.23$3,667
Dec 2018091246.594.19$3,817
Nov 2018083552.934.24$3,538
Oct 201801,19061.443.40$4,044
Sep 2018098659.543.11$3,064
Aug 20188789759.403.07$7,919
Jul 2018048565.142.93$1,422
Jun 2018043960.183.08$1,351
May 2018087565.382.90$2,538
Apr 2018094363.842.90$2,735
Mar 20188883361.222.79$7,709
Feb 2018071461.782.77$1,975
Jan 2018098662.874.01$3,953
Dec 2017071557.272.92$2,089
Nov 2017088555.423.12$2,760
Oct 2017083149.292.98$2,479
Sep 20178985047.523.09$6,853
Aug 2017096745.373.00$2,905
Jul 2017091043.873.09$2,809
Jun 2017911,29942.493.09$7,877
May 2017064745.373.26$2,111
Apr 2017094947.933.21$3,048
Mar 2017089146.772.98$2,658
Feb 2017097450.452.95$2,876
Jan 2017891,29049.413.42$8,808
Dec 201601,12948.763.72$4,203
Nov 201601,19742.492.64$3,165
Oct 2016091846.193.09$2,837
Sep 201601,07441.553.10$3,330
Aug 201601,27641.442.92$3,731
Jul 201601,11641.622.92$3,264
Jun 201601,26045.352.69$3,384
May 2016092842.521.99$1,848
Apr 2016861,00536.561.99$5,145
Mar 201601,12533.011.79$2,018
Feb 201601,24726.472.06$2,573
Jan 201601,37827.352.36$3,258
Dec 201501,36232.362.00$2,726
Nov 201501,45738.792.17$3,158
Oct 201501,60243.552.43$3,887
Sep 201501,75342.992.76$4,836
Aug 2015741,87440.162.87$8,355
Jul 201501,85148.152.95$5,451
Jun 201502,01556.152.88$5,809
May 201502,04855.212.96$6,053
Apr 201501,91349.822.71$5,178
Mar 201501,58642.892.93$4,654
Feb 2015911,76944.662.98$9,329
Jan 2015101,93343.433.10$6,428
Dec 201401,75754.693.59$6,310
Nov 201421,77270.464.25$7,675
Oct 201431,92078.303.90$7,725
Sep 201442,15686.164.05$9,067
Aug 201412,35289.394.04$9,580
Jul 201412,29696.564.18$9,693
Jun 201442,23898.164.74$10,994
May 20141022,58194.734.73$21,862
Apr 201402,16895.944.81$10,426
Mar 2014272,43995.895.06$14,923
Feb 201402,02597.406.19$12,539
Jan 201402,06390.404.86$10,028
Dec 201301,81291.824.35$7,890
Nov 201322,61188.853.74$9,938
Oct 201332,61197.423.78$10,160
Sep 201302,521104.113.72$9,372
Aug 2013822,653104.253.52$17,894
Jul 2013102,789102.523.72$11,394
Jun 201322,72294.403.93$10,896
May 2013932,94994.834.15$21,055
Apr 20131032,89193.964.28$22,059
Mar 201303,37593.623.91$13,206
Feb 201303,29591.233.42$11,269
Jan 2013963,61391.603.42$21,150
Dec 201203,98686.773.42$13,633
Nov 2012833,88686.953.62$21,303
Oct 201204,25289.383.40$14,455
Sep 2012764,69794.672.92$20,903
Aug 2012825,32092.662.91$23,070
Jul 201204,95885.133.02$14,977
Jun 2012705,17579.822.52$18,623
May 2012665,03391.612.49$18,570
Apr 201204,669101.652.00$9,323
Mar 2012634,397105.052.22$16,389
Feb 2012505,282101.102.57$18,631
Jan 20121015,53498.092.73$25,037
Dec 201105,48996.873.24$17,783
Nov 201105,44995.723.31$18,043
Oct 20111956,00184.983.65$38,466
Sep 201106,36283.623.99$25,358
Aug 201107,28583.404.15$30,228
Jul 201107,86594.144.52$35,528
Jun 20111567,15292.904.64$47,677
May 201108,59298.134.40$37,846
Apr 20111839,409105.964.33$60,163
Mar 2011012,20796.364.06$49,528
Feb 201118413,06085.644.18$70,348
Jan 2011023,79586.504.59$109,190
Dec 201005,03985.734.35$21,908

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.

Aug 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.02 =         $0
Gas                  691 Mcf  × $  4.22 =     $2,916

────────────────────────────────────────────────────
Month total                                   $2,916

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/262929 is the state's own key, not one this site invented.