WEDGEWORTH ET AL-WILLIAMSON

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) 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 294451District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.6 M
Jan 2023 – May 2026
Value, last 12 filed months
$2.7 M
at the published price for each month
Months reported
41
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
NGPA1none
ST-1112023-05-09232204

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
CondensateDisposition19,112 bbl$1,414,813
GasProduction2,848,768 Mcf$8,207,456
Total$9,622,269

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 32.0061, -94.5019. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.00612, -94.50188 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,794 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
00.0%
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.
1100.0%

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 9,794 ft.

Completions filed
Jan 2023
1 of 1 wells

1 well

42-365387681H9,794 ftJan 2023

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 (41)

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

41 months

May 202637049,837106.413.05$191,167
Apr 202634747,55198.932.87$170,787
Mar 202618242,65189.753.15$150,661
Feb 202635845,58663.503.75$193,695
Jan 202636548,68259.138.00$410,937
Dec 202536054,42256.664.41$260,581
Nov 202535155,32258.593.93$237,784
Oct 202535759,35959.383.30$217,371
Sep 202535560,04962.743.08$207,039
Aug 202535360,59363.933.01$205,241
Jul 202517762,98066.743.32$220,604
Jun 202535263,62266.483.13$222,456
May 202534867,83460.553.23$240,333
Apr 202536764,97762.363.54$253,107
Mar 202516952,77167.704.27$236,685
Feb 202535646,82770.884.34$228,502
Jan 202534753,03674.324.28$252,713
Dec 202452159,33268.993.12$221,141
Nov 202433557,13369.052.20$148,735
Oct 202432961,75971.372.28$164,378
Sep 202434961,74869.612.36$170,288
Aug 202435758,04475.632.06$146,781
Jul 202434556,56579.932.15$148,998
Jun 202435264,58478.082.63$197,597
May 202435866,95778.812.20$175,415
Apr 202453967,94084.451.66$158,245
Mar 202453574,62280.301.55$158,261
Feb 202471270,90376.091.78$180,642
Jan 202437862,74973.023.30$234,526
Dec 202357082,36571.262.61$255,650
Nov 202337466,53977.892.81$215,943
Oct 202337266,14985.443.09$236,004
Sep 202349666,91189.042.74$227,168
Aug 202353581,80280.522.67$261,725
Jul 202370894,74974.852.64$303,302
Jun 2023882104,25368.962.26$296,276
May 202353381,25870.622.23$218,635
Apr 20231,097128,05478.122.24$372,252
Mar 2023867112,90672.852.39$333,363
Feb 20231,294170,26975.112.47$517,021
Jan 202376095,07876.533.39$380,260

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.

May 2026 — as filed, then multipliedworked
Condensate           370 bbl  × $106.41 =    $39,372
Gas               49,837 Mcf  × $  3.05 =   $151,796

────────────────────────────────────────────────────
Month total                                 $191,167

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/294451 is the state's own key, not one this site invented.