WOODLAWN GAS UNIT

Name: WOODLAWN GAS UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PEAK ENERGY CORPORATION (P-5 647135) in the WOODLAWN (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 64055District 06Field 98563415CondensateGasSave Export

Value, all time

$1.0 M

Jan 1993 – Aug 2003

Value, last 12 filed months

$45 k

at the published price for each month

Months reported

128

no gaps in the span

Streams

condensate, gas

The WOODLAWN (PETTIT) 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 89 leases and 89 wells, and the rule below applies to all of them.

Discovered

1951-04-26

as the register files it

Field class

Gas

the register's own label

Between wells

3,960 ft

minimum

From a lease line

1,320 ft

minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 2003-03-25.

The Commission's schedule remark for this field reads: “PER DOCKET #06-0233779.”

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	29,665 bbl	$510,899
Gas	Production	354,234 Mcf	$524,747
Total			$1,035,646

170,675 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.6242, -94.4053. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.62419, -94.40529 · 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

100.0%

1 of 1 wells

Median depth

9,025 ft

1 wells filed one

Completion to plug

28.0 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 9,025 ft.

Completions filed

Aug 1975

1 of 1 wells

Plug dates filed

Aug 2003

1 of 1 wells

Last completion to plug: a median of 28.0 years across the 1 well that filed both dates, with the middle half between 28.0 years and 28.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-20330168	1	9,025 ft	Aug 1975	Aug 2003	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 (128)

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

128 months


Aug 2003	128	0	29.76	5.13	$3,809
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	22	26.59	5.97	$131
Apr 2003	0	40	26.67	5.41	$216
Mar 2003	0	29	31.14	6.10	$177
Feb 2003	0	408	33.48	7.93	$3,234
Jan 2003	188	1,214	30.31	5.58	$12,475
Dec 2002	0	1,261	26.91	4.85	$6,121
Nov 2002	0	1,202	24.66	4.14	$4,973
Oct 2002	187	1,155	26.46	4.23	$9,833
Sep 2002	0	1,239	27.44	3.64	$4,504
Aug 2002	0	1,477	25.96	3.16	$4,673
Jul 2002	0	1,426	24.58	3.06	$4,366
Jun 2002	0	1,259	23.73	3.34	$4,203
May 2002	189	1,861	24.66	3.58	$11,331
Apr 2002	0	1,527	23.65	3.51	$5,363
Mar 2002	0	1,618	22.00	3.10	$5,020
Feb 2002	0	880	18.22	2.38	$2,091
Jan 2002	0	1,135	17.17	2.38	$2,696
Dec 2001	0	304	16.93	2.36	$719
Nov 2001	0	745	18.07	2.41	$1,792
Oct 2001	183	1,294	19.78	2.53	$6,892
Sep 2001	0	1,511	24.26	2.25	$3,402
Aug 2001	0	1,005	24.87	3.05	$3,068
Jul 2001	0	1,594	23.93	3.20	$5,096
Jun 2001	0	3,080	24.56	3.82	$11,778
May 2001	0	2,648	25.52	4.31	$11,406
Apr 2001	0	1,940	24.68	5.34	$10,351
Mar 2001	0	2,332	24.54	5.38	$12,538
Feb 2001	0	1,800	27.75	5.77	$10,381
Jan 2001	190	1,168	27.47	8.40	$15,029
Dec 2000	0	376	26.88	9.12	$3,430
Nov 2000	0	892	32.21	5.66	$5,047
Oct 2000	0	2,683	31.23	5.15	$13,805
Sep 2000	0	2,548	31.87	5.19	$13,215
Aug 2000	0	2,488	29.64	4.54	$11,297
Jul 2000	40	468	28.53	4.09	$3,055
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	195	1,499	27.62	2.73	$9,473
Jan 2000	387	4,000	25.27	2.48	$19,701
Dec 1999	361	3,655	24.28	2.42	$17,624
Nov 1999	391	3,833	23.19	2.43	$18,397
Oct 1999	362	4,151	20.98	2.80	$19,233
Sep 1999	188	4,711	21.75	2.62	$16,426
Aug 1999	380	3,482	19.26	2.88	$17,332
Jul 1999	187	4,339	17.89	2.37	$13,639
Jun 1999	363	3,908	15.94	2.36	$15,017
May 1999	375	4,093	15.79	2.32	$15,421
Apr 1999	369	2,332	15.10	2.21	$10,721
Mar 1999	381	2,335	12.47	1.84	$9,044
Feb 1999	378	2,188	9.98	1.82	$7,750
Jan 1999	185	3,529	10.38	1.90	$8,625
Dec 1998	375	2,219	9.20	1.77	$7,385
Nov 1998	371	4,651	10.89	2.19	$14,206
Oct 1998	378	3,402	12.42	1.97	$11,394
Sep 1998	175	3,373	12.59	2.08	$9,228
Aug 1998	367	3,136	11.30	1.91	$10,129
Jul 1998	364	2,844	11.74	2.24	$10,636
Jun 1998	188	3,462	11.24	2.24	$9,859
May 1998	383	3,950	12.62	2.21	$13,549
Apr 1998	193	4,160	13.04	2.51	$12,939
Mar 1998	390	3,814	12.80	2.31	$13,800
Feb 1998	379	2,977	13.95	2.30	$12,132
Jan 1998	200	3,946	14.70	2.15	$11,443
Dec 1997	382	4,005	16.32	2.41	$15,891
Nov 1997	398	4,038	18.19	3.09	$19,710
Oct 1997	367	4,022	19.25	3.15	$19,733
Sep 1997	375	4,076	17.74	2.95	$18,697
Aug 1997	366	3,801	17.86	2.55	$16,247
Jul 1997	358	4,160	17.58	2.25	$15,641
Jun 1997	387	3,719	17.24	2.26	$15,066
May 1997	385	3,821	18.97	2.31	$16,124
Apr 1997	192	3,975	17.88	2.08	$11,712
Mar 1997	382	4,468	18.95	1.94	$15,903
Feb 1997	340	3,403	20.49	2.21	$14,473
Jan 1997	385	3,453	23.48	3.54	$21,262
Dec 1996	392	3,922	23.32	—	$9,141
Nov 1996	191	3,154	21.97	—	$4,196
Oct 1996	384	2,720	23.31	—	$8,951
Sep 1996	380	4,241	22.22	—	$8,444
Aug 1996	380	4,450	20.26	—	$7,699
Jul 1996	382	4,368	19.55	—	$7,468
Jun 1996	384	3,413	18.73	—	$7,192
May 1996	358	4,700	19.43	—	$6,956
Apr 1996	387	4,462	21.51	—	$8,324
Mar 1996	386	4,241	19.38	—	$7,481
Feb 1996	196	3,280	16.98	—	$3,328
Jan 1996	396	4,110	17.07	—	$6,760
Dec 1995	387	4,035	17.19	—	$6,653
Nov 1995	373	4,131	16.00	—	$5,968
Oct 1995	186	3,612	15.43	—	$2,870
Sep 1995	387	4,090	16.18	—	$6,262
Aug 1995	380	4,515	15.92	—	$6,050
Jul 1995	581	3,597	15.24	—	$8,854
Jun 1995	189	2,616	16.41	—	$3,101
May 1995	383	3,764	17.56	—	$6,725
Apr 1995	381	3,313	17.73	—	$6,755
Mar 1995	186	3,393	16.44	—	$3,058
Feb 1995	392	3,472	16.58	—	$6,499
Jan 1995	190	3,320	15.92	—	$3,025
Dec 1994	394	3,557	15.03	—	$5,922
Nov 1994	196	2,913	15.90	—	$3,116
Oct 1994	376	3,485	15.58	—	$5,858
Sep 1994	172	3,972	15.29	—	$2,630
Aug 1994	197	3,650	16.13	—	$3,178
Jul 1994	192	3,365	17.56	—	$3,372
Jun 1994	388	3,019	17.09	—	$6,631
May 1994	402	3,443	15.88	—	$6,384
Apr 1994	197	2,179	14.14	—	$2,786
Mar 1994	397	4,616	12.46	—	$4,947
Feb 1994	388	3,316	12.50	—	$4,850
Jan 1994	394	4,224	12.66	—	$4,988
Dec 1993	400	4,349	12.33	—	$4,932
Nov 1993	0	84	14.49	—	$0
Oct 1993	194	952	15.85	—	$3,075
Sep 1993	434	3,847	15.03	—	$6,523
Aug 1993	390	3,868	15.66	—	$6,107
Jul 1993	392	2,926	15.46	—	$6,060
Jun 1993	370	3,764	16.79	—	$6,212
May 1993	373	3,256	17.68	—	$6,595
Apr 1993	375	2,803	18.05	—	$6,769
Mar 1993	371	4,139	18.14	—	$6,730
Feb 1993	372	4,353	17.90	—	$6,659
Jan 1993	383	3,676	16.93	—	$6,484

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 2003 — as filed, then multipliedworked

Condensate           128 bbl  × $ 29.76 =     $3,809
Gas                    0 Mcf  × $  5.13 =         $0

────────────────────────────────────────────────────
Month total                                   $3,809

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/64055 is the state's own key, not one this site invented.