EL WEDO

Operated by OLSEN ENERGY INC. (P-5 621750) in the CHENOT (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 118453District 08Field 17438500Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – Aug 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
332
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 60 leases and 60 wells, and the rule below applies to all of them.

Discovered
1958-11-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1979-05-14.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: R.K.G. ENGINEERING, INC. REQUEST

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

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
CondensateDisposition67 bbl$3,524
GasProduction336,036 Mcf$1,189,141
Total$1,192,666

82,633 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 30.9657, -102.4791. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.96570, -102.47905 · 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
5,162 ft
1 wells filed one
Completion to plug
35.0 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 5,162 ft.

Completions filed
Aug 1985
1 of 1 wells
Plug dates filed
Aug 2020
1 of 1 wells

Last completion to plug: a median of 35.0 years across the 1 well that filed both dates, with the middle half between 35.0 years and 35.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3713553935,162 ftAug 1985Aug 2020Yes

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 (332)

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

332 months

Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019034452.782.49$857
May 2019038558.482.74$1,055
Apr 2019035462.632.75$974
Mar 2019038056.803.06$1,164
Feb 2019036450.852.79$1,016
Jan 2019035046.033.23$1,130
Dec 2018035346.594.19$1,477
Nov 2018035252.934.24$1,492
Oct 2018047861.443.40$1,624
Sep 2018046659.543.11$1,448
Aug 2018045459.403.07$1,392
Jul 2018049465.142.93$1,448
Jun 2018028860.183.08$886
May 2018049665.382.90$1,439
Apr 2018045563.842.90$1,320
Mar 2018051261.222.79$1,427
Feb 2018049761.782.77$1,375
Jan 2018051362.874.01$2,057
Dec 2017054457.272.92$1,589
Nov 2017050255.423.12$1,565
Oct 2017051149.292.98$1,525
Sep 2017052747.523.09$1,627
Aug 2017056645.373.00$1,700
Jul 2017055543.873.09$1,713
Jun 2017054842.493.09$1,692
May 2017058145.373.26$1,896
Apr 2017058247.933.21$1,869
Mar 2017071046.772.98$2,118
Feb 2017028750.452.95$847
Jan 2017062749.413.42$2,144
Dec 2016059148.763.72$2,200
Nov 2016055542.492.64$1,468
Oct 2016058146.193.09$1,795
Sep 2016057441.553.10$1,780
Aug 2016057341.442.92$1,676
Jul 2016056141.622.92$1,641
Jun 2016059245.352.69$1,590
May 2016099242.521.99$1,975
Apr 2016045436.561.99$904
Mar 2016070533.011.79$1,265
Feb 20160026.472.06$0
Jan 201601027.352.36$24
Dec 20150032.362.00$0
Nov 2015022438.792.17$485
Oct 2015015843.552.43$383
Sep 2015038642.992.76$1,065
Aug 2015057140.162.87$1,640
Jul 2015058748.152.95$1,729
Jun 2015072356.152.88$2,084
May 2015038955.212.96$1,150
Apr 2015046149.822.71$1,248
Mar 2015072242.892.93$2,119
Feb 2015055344.662.98$1,646
Jan 2015042643.433.10$1,321
Dec 2014068554.693.59$2,460
Nov 2014041370.464.25$1,756
Oct 2014073478.303.90$2,863
Sep 2014062686.164.05$2,532
Aug 2014081089.394.04$3,268
Jul 2014064396.564.18$2,687
Jun 2014072398.164.74$3,425
May 2014083694.734.73$3,951
Apr 2014070795.944.81$3,400
Mar 2014097595.895.06$4,930
Feb 2014073997.406.19$4,576
Jan 2014076990.404.86$3,738
Dec 2013042591.824.35$1,851
Nov 2013058288.853.74$2,176
Oct 2013085197.423.78$3,216
Sep 20130832104.113.72$3,093
Aug 20130867104.253.52$3,054
Jul 20130776102.523.72$2,885
Jun 2013079994.403.93$3,143
May 2013078294.834.15$3,245
Apr 2013081493.964.28$3,486
Mar 2013080993.623.91$3,166
Feb 2013054391.233.42$1,857
Jan 2013071691.603.42$2,449
Dec 2012054686.773.42$1,867
Nov 2012045086.953.62$1,631
Oct 2012038989.383.40$1,322
Sep 2012045294.672.92$1,319
Aug 2012075592.662.91$2,196
Jul 2012066985.133.02$2,021
Jun 2012052679.822.52$1,325
May 2012072691.612.49$1,807
Apr 20120521101.652.00$1,040
Mar 20120514105.052.22$1,142
Feb 20120537101.102.57$1,380
Jan 2012060698.092.73$1,657
Dec 2011051896.873.24$1,678
Nov 2011019995.723.31$659
Oct 2011135084.983.65$1,362
Sep 2011081983.623.99$3,264
Aug 2011083883.404.15$3,477
Jul 2011087294.144.52$3,939
Jun 2011084592.904.64$3,921
May 2011082798.134.40$3,643
Apr 201101,000105.964.33$4,333
Mar 201101,18896.364.06$4,820
Feb 2011094385.644.18$3,942
Jan 201101,02686.504.59$4,708
Dec 201001,42985.734.35$6,213
Nov 201001,16480.843.80$4,418
Oct 201001,14878.103.51$4,028
Sep 2010091272.633.98$3,629
Aug 2010047273.684.42$2,086
Jul 201001,14772.554.74$5,433
Jun 2010085470.364.91$4,193
May 201001,06671.124.24$4,515
Apr 2010098381.694.12$4,053
Mar 2010087278.394.39$3,827
Feb 201001,18673.585.44$6,455
Jan 2010079774.365.96$4,753
Dec 2009092471.445.48$5,067
Nov 200901,02574.593.75$3,845
Oct 200901,01872.544.11$4,184
Sep 2009080265.543.06$2,458
Aug 2009081567.423.22$2,623
Jul 2009089361.133.46$3,094
Jun 2009084566.163.90$3,291
May 2009083054.743.93$3,258
Apr 2009081946.773.59$2,938
Mar 2009099442.144.06$4,035
Feb 2009083332.814.63$3,859
Jan 2009087435.865.37$4,694
Dec 200801,00137.105.98$5,983
Nov 2008095955.496.86$6,579
Oct 200801,06975.246.92$7,400
Sep 200801,270101.767.88$10,004
Aug 200801,495114.228.48$12,682
Jul 200801,364131.0811.39$15,535
Jun 200801,167131.3313.03$15,209
May 20080886123.1711.57$10,255
Apr 200801,139110.3110.45$11,908
Mar 200801,626101.909.66$15,714
Feb 2008089892.538.77$7,876
Jan 2008093990.388.21$7,705
Dec 200701,05988.337.30$7,733
Nov 200701,02991.677.29$7,503
Oct 200701,17882.856.92$8,154
Sep 2007052775.846.24$3,291
Aug 2007093269.066.39$5,954
Jul 2007095270.906.39$6,081
Jun 2007080562.007.55$6,077
May 2007081758.747.85$6,410
Apr 2007071359.617.81$5,565
Mar 200701,01956.927.30$7,441
Feb 2007084155.108.22$6,910
Jan 2007091750.306.73$6,169
Dec 200601,03656.656.92$7,168
Nov 2006098454.207.62$7,496
Oct 200601,32554.906.01$7,968
Sep 200601,29460.085.04$6,518
Aug 200601,34868.717.34$9,894
Jul 200611,44869.376.34$9,254
Jun 200601,50866.286.38$9,627
May 200671,46266.016.42$9,855
Apr 200601,66864.397.36$12,277
Mar 200622,29656.707.08$16,376
Feb 200601,98957.597.75$15,417
Jan 200603,93660.598.93$35,162
Dec 200501,40854.9413.42$18,889
Nov 200501,01854.6910.59$10,779
Oct 200501,80258.3413.80$24,860
Sep 200572,87361.4512.08$35,133
Aug 2005101,20661.519.80$12,430
Jul 200521,52855.697.84$12,096
Jun 200511,45952.337.38$10,821
May 200521,64245.226.65$11,012
Apr 200531,43449.207.36$10,703
Mar 200551,41350.377.15$10,362
Feb 200571,20545.226.31$7,922
Jan 200551,23343.166.32$8,011
Dec 200401,08739.866.75$7,338
Nov 200431,22645.286.33$7,897
Oct 2004087349.706.52$5,688
Sep 200431,19443.245.28$6,439
Aug 200401,13442.375.55$6,294
Jul 200441,67738.286.08$10,356
Jun 200441,02336.106.43$6,725
May 200401,49237.486.49$9,690
Apr 200401,33634.475.86$7,827
Mar 200402,19534.365.53$12,139
Feb 200401,82132.455.51$10,033
Jan 2004056932.036.30$3,585
Dec 2003027130.266.30$1,708
Nov 2003011628.804.60$533
Oct 200301128.174.76$52
Sep 200302726.314.75$128
Aug 200306329.765.13$323
Jul 2003026529.415.17$1,370
Jun 2003068428.565.98$4,092
May 2003014726.595.97$878
Apr 2003014626.675.41$789
Mar 2003012131.146.10$738
Feb 200308333.487.93$658
Jan 2003013630.315.58$759
Dec 200208626.914.85$417
Nov 200207924.664.14$327
Oct 2002010026.464.23$423
Sep 2002096927.443.64$3,523
Aug 200201,43525.963.16$4,541
Jul 2002072724.583.06$2,226
Jun 200201,22523.733.34$4,089
May 200201,18024.663.58$4,229
Apr 2002068323.653.51$2,399
Mar 2002018422.003.10$571
Feb 2002019818.222.38$470
Jan 2002037317.172.38$886
Dec 2001015216.932.36$359
Nov 2001023918.072.41$575
Oct 200103219.782.53$81
Sep 2001022124.262.25$498
Aug 2001031524.873.05$962
Jul 200101,27023.933.20$4,060
Jun 2001057824.563.82$2,210
May 200103,30325.524.31$14,227
Apr 2001059624.685.34$3,180
Mar 2001079524.545.38$4,274
Feb 2001077527.755.77$4,469
Jan 200101,04527.478.40$8,777
Dec 2000083026.889.12$7,572
Nov 2000015632.215.66$883
Oct 2000012031.235.15$617
Sep 2000049931.875.19$2,588
Aug 200001,48729.644.54$6,752
Jul 2000080228.534.09$3,280
Jun 2000071829.304.40$3,157
May 2000071727.263.68$2,638
Apr 2000058924.513.12$1,835
Mar 2000040828.422.86$1,167
Feb 2000097927.622.73$2,669
Jan 2000093825.272.48$2,327
Dec 1999094024.282.42$2,278
Nov 1999070623.192.43$1,718
Oct 1999090420.982.80$2,535
Sep 199901,09621.752.62$2,870
Aug 199901,11219.262.88$3,198
Jul 1999035817.892.37$849
Jun 199901,24415.942.36$2,938
May 199901,61515.792.32$3,748
Apr 199901,70715.102.21$3,769
Mar 199901,22612.471.84$2,254
Feb 199902,0309.981.82$3,690
Jan 199901,21110.381.90$2,301
Dec 199807419.201.77$1,314
Nov 199802,55310.892.19$5,580
Oct 199802,08712.421.97$4,110
Sep 199801,07212.592.08$2,233
Aug 1998087511.301.91$1,669
Jul 199801,80211.742.24$4,032
Jun 199801,85811.242.24$4,157
May 199803,15612.622.21$6,963
Apr 199801,60313.042.51$4,016
Mar 199802,52312.802.31$5,827
Feb 199802,27613.952.30$5,233
Jan 199801,64214.702.15$3,538
Dec 199702,79416.322.41$6,737
Nov 199702,20618.193.09$6,813
Oct 199701,08219.253.15$3,408
Sep 199701,47017.742.95$4,344
Aug 199701,09417.862.55$2,795
Jul 199703,52517.582.25$7,920
Jun 199702,80517.242.26$6,331
May 199702,86718.972.31$6,618
Apr 199703,39417.882.08$7,069
Mar 199701,61918.951.94$3,139
Feb 199703,54520.492.21$7,820
Jan 199703,31123.483.54$11,720
Dec 199601,30423.32$0
Nov 199602,82721.97$0
Oct 199602,54523.31$0
Sep 199601,71222.22$0
Aug 199602,11020.26$0
Jul 199603,15919.55$0
Jun 1996095318.73$0
May 1996094319.43$0
Apr 199602,04421.51$0
Mar 199601,24719.38$0
Feb 199601,57616.98$0
Jan 1996064617.07$0
Dec 199501,25717.19$0
Nov 199501,33016.00$0
Oct 199501,37915.43$0
Sep 199501,35716.18$0
Aug 199501,86715.92$0
Jul 199501,38315.24$0
Jun 199501,24416.41$0
May 1995083817.56$0
Apr 199501,56517.73$0
Mar 199501,38716.44$0
Feb 199501,23516.58$0
Jan 199501,01415.92$0
Dec 199401,91015.03$0
Nov 1994010415.90$0
Oct 199408615.58$0
Sep 199401,19015.29$0
Aug 199401,91416.13$0
Jul 199401,72717.56$0
Jun 199401,66117.09$0
May 199402,39315.88$0
Apr 199402,03914.14$0
Mar 199401,07812.46$0
Feb 199403,69412.50$0
Jan 199402,52712.66$0
Dec 199303,52312.33$0
Nov 199303,83414.49$0
Oct 199302,93615.85$0
Sep 199302,53015.03$0
Aug 199301,98915.66$0
Jul 199301,43115.46$0
Jun 199301,99316.79$0
May 199301,15917.68$0
Apr 199301,25718.05$0
Mar 199301,58518.14$0
Feb 199301,60017.90$0
Jan 199301,55116.93$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.

Jun 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 52.78 =         $0
Gas                  344 Mcf  × $  2.49 =       $857

────────────────────────────────────────────────────
Month total                                     $857

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. 08/G/118453 is the state's own key, not one this site invented.