WOODWARD, F. 40

Name: WOODWARD, F. 40 lease production and value, Jan 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 157461District 08Field 96373800Hydrogen sulphide fieldCondensateGasSave Export

Value, all time

$8.4 M

Jan 1996 – Apr 2017

Value, last 12 filed months

at the published price for each month

Months reported

256

no gaps in the span

Streams

condensate, gas

The WENTZ (WICHITA-ALBANY) 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 31 leases and 35 wells, and the rule below applies to all of them.

Discovered

1962-01-06

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1995-08-22.

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: “THE WENTZ (WICHITA-ALBANY) FIELD.”

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	11 bbl	$239
Gas	Production	2,141,537 Mcf	$8,403,012
Total			$8,403,251

242,293 Mcf of this lease's gas, across 12 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 30.9771, -102.3801. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.97711, -102.38010 · 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

4,560 ft

1 wells filed one

Completion to plug

17.0 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 4,560 ft.

Completions filed

Apr 2000

1 of 1 wells

Plug dates filed

Apr 2017

1 of 1 wells

Last completion to plug: a median of 17.0 years across the 1 well that filed both dates, with the middle half between 17.0 years and 17.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-37136558	4	4,560 ft	Apr 2000	Apr 2017	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 (256)

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

256 months


Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	3,173	44.66	2.98	$9,443
Jan 2015	0	3,559	43.43	3.10	$11,035
Dec 2014	0	5,615	54.69	3.59	$20,165
Nov 2014	0	886	70.46	4.25	$3,767
Oct 2014	0	3,167	78.30	3.90	$12,354
Sep 2014	0	1,420	86.16	4.05	$5,745
Aug 2014	0	41	89.39	4.04	$165
Jul 2014	0	732	96.56	4.18	$3,059
Jun 2014	0	2,783	98.16	4.74	$13,183
May 2014	0	3,169	94.73	4.73	$14,978
Apr 2014	0	3,302	95.94	4.81	$15,880
Mar 2014	0	3,521	95.89	5.06	$17,805
Feb 2014	0	3,131	97.40	6.19	$19,387
Jan 2014	0	2,590	90.40	4.86	$12,589
Dec 2013	0	3,682	91.82	4.35	$16,033
Nov 2013	0	2,719	88.85	3.74	$10,164
Oct 2013	0	2,945	97.42	3.78	$11,130
Sep 2013	0	1,688	104.11	3.72	$6,276
Aug 2013	0	2,656	104.25	3.52	$9,356
Jul 2013	0	2,672	102.52	3.72	$9,934
Jun 2013	0	5,663	94.40	3.93	$22,275
May 2013	0	5,425	94.83	4.15	$22,509
Apr 2013	0	5,591	93.96	4.28	$23,944
Mar 2013	0	7,343	93.62	3.91	$28,732
Feb 2013	0	7,663	91.23	3.42	$26,207
Jan 2013	0	3,011	91.60	3.42	$10,297
Dec 2012	0	3,201	86.77	3.42	$10,948
Nov 2012	0	3,700	86.95	3.62	$13,412
Oct 2012	0	7,759	89.38	3.40	$26,378
Sep 2012	0	6,142	94.67	2.92	$17,925
Aug 2012	0	5,067	92.66	2.91	$14,736
Jul 2012	0	5,374	85.13	3.02	$16,234
Jun 2012	0	3,154	79.82	2.52	$7,945
May 2012	0	3,041	91.61	2.49	$7,567
Apr 2012	0	4,546	101.65	2.00	$9,077
Mar 2012	0	7,747	105.05	2.22	$17,214
Feb 2012	0	6,595	101.10	2.57	$16,951
Jan 2012	0	6,562	98.09	2.73	$17,941
Dec 2011	0	7,432	96.87	3.24	$24,078
Nov 2011	0	8,970	95.72	3.31	$29,702
Oct 2011	0	8,701	84.98	3.65	$31,746
Sep 2011	0	8,802	83.62	3.99	$35,083
Aug 2011	0	6,276	83.40	4.15	$26,041
Jul 2011	0	8,605	94.14	4.52	$38,871
Jun 2011	0	8,975	92.90	4.64	$41,643
May 2011	0	9,608	98.13	4.40	$42,322
Apr 2011	0	9,880	105.96	4.33	$42,813
Mar 2011	0	10,699	96.36	4.06	$43,409
Feb 2011	0	8,614	85.64	4.18	$36,006
Jan 2011	0	6,707	86.50	4.59	$30,777
Dec 2010	0	4,347	85.73	4.35	$18,900
Nov 2010	0	4,807	80.84	3.80	$18,244
Oct 2010	0	5,029	78.10	3.51	$17,646
Sep 2010	0	4,973	72.63	3.98	$19,790
Aug 2010	0	4,215	73.68	4.42	$18,628
Jul 2010	0	4,411	72.55	4.74	$20,893
Jun 2010	0	2,985	70.36	4.91	$14,658
May 2010	0	5,144	71.12	4.24	$21,786
Apr 2010	0	5,481	81.69	4.12	$22,596
Mar 2010	0	5,684	78.39	4.39	$24,945
Feb 2010	0	5,284	73.58	5.44	$28,757
Jan 2010	0	5,439	74.36	5.96	$32,439
Dec 2009	0	5,668	71.44	5.48	$31,082
Nov 2009	0	6,965	74.59	3.75	$26,129
Oct 2009	0	6,659	72.54	4.11	$27,370
Sep 2009	0	5,945	65.54	3.06	$18,220
Aug 2009	0	2,653	67.42	3.22	$8,539
Jul 2009	0	3,646	61.13	3.46	$12,632
Jun 2009	0	5,875	66.16	3.90	$22,883
May 2009	0	6,784	54.74	3.93	$26,632
Apr 2009	0	7,781	46.77	3.59	$27,914
Mar 2009	0	7,160	42.14	4.06	$29,062
Feb 2009	0	6,628	32.81	4.63	$30,708
Jan 2009	0	10,316	35.86	5.37	$55,407
Dec 2008	0	10,201	37.10	5.98	$60,973
Nov 2008	0	10,279	55.49	6.86	$70,518
Oct 2008	0	9,783	75.24	6.92	$67,718
Sep 2008	0	8,299	101.76	7.88	$65,372
Aug 2008	0	9,175	114.22	8.48	$77,832
Jul 2008	0	8,933	131.08	11.39	$101,742
Jun 2008	0	8,856	131.33	13.03	$115,417
May 2008	0	9,290	123.17	11.57	$107,525
Apr 2008	0	9,044	110.31	10.45	$94,554
Mar 2008	0	9,545	101.90	9.66	$92,244
Feb 2008	0	9,260	92.53	8.77	$81,216
Jan 2008	0	10,179	90.38	8.21	$83,526
Dec 2007	0	10,479	88.33	7.30	$76,517
Nov 2007	0	10,613	91.67	7.29	$77,387
Oct 2007	0	11,510	82.85	6.92	$79,672
Sep 2007	0	11,686	75.84	6.24	$72,969
Aug 2007	0	12,954	69.06	6.39	$82,749
Jul 2007	0	14,051	70.90	6.39	$89,757
Jun 2007	0	8,320	62.00	7.55	$62,803
May 2007	0	2,636	58.74	7.85	$20,683
Apr 2007	0	3,505	59.61	7.81	$27,357
Mar 2007	0	3,724	56.92	7.30	$27,193
Feb 2007	0	3,491	55.10	8.22	$28,682
Jan 2007	0	3,874	50.30	6.73	$26,060
Dec 2006	0	4,022	56.65	6.92	$27,826
Nov 2006	0	4,002	54.20	7.62	$30,485
Oct 2006	0	4,322	54.90	6.01	$25,992
Sep 2006	0	4,265	60.08	5.04	$21,484
Aug 2006	0	4,516	68.71	7.34	$33,147
Jul 2006	0	4,615	69.37	6.34	$29,272
Jun 2006	0	4,574	66.28	6.38	$29,200
May 2006	0	5,050	66.01	6.42	$32,446
Apr 2006	0	5,186	64.39	7.36	$38,171
Mar 2006	0	5,546	56.70	7.08	$39,282
Feb 2006	0	4,596	57.59	7.75	$35,624
Jan 2006	0	5,880	60.59	8.93	$52,528
Dec 2005	0	4,557	54.94	13.42	$61,134
Nov 2005	0	7,571	54.69	10.59	$80,165
Oct 2005	0	6,459	58.34	13.80	$89,107
Sep 2005	0	5,951	61.45	12.08	$71,882
Aug 2005	0	5,793	61.51	9.80	$56,753
Jul 2005	0	6,001	55.69	7.84	$47,070
Jun 2005	0	5,682	52.33	7.38	$41,939
May 2005	0	5,921	45.22	6.65	$39,382
Apr 2005	0	5,618	49.20	7.36	$41,351
Mar 2005	0	5,029	50.37	7.15	$35,982
Feb 2005	0	5,132	45.22	6.31	$32,393
Jan 2005	0	4,303	43.16	6.32	$27,204
Dec 2004	0	4,255	39.86	6.75	$28,726
Nov 2004	0	4,062	45.28	6.33	$25,714
Oct 2004	0	4,167	49.70	6.52	$27,148
Sep 2004	0	4,243	43.24	5.28	$22,420
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	4,761	38.28	6.08	$28,967
Jun 2004	0	4,697	36.10	6.43	$30,216
May 2004	0	5,667	37.48	6.49	$36,805
Apr 2004	0	5,696	34.47	5.86	$33,370
Mar 2004	0	5,183	34.36	5.53	$28,663
Feb 2004	0	4,923	32.45	5.51	$27,124
Jan 2004	0	5,317	32.03	6.30	$33,495
Dec 2003	0	5,488	30.26	6.30	$34,583
Nov 2003	0	5,261	28.80	4.60	$24,175
Oct 2003	0	5,683	28.17	4.76	$27,049
Sep 2003	0	5,666	26.31	4.75	$26,910
Aug 2003	0	6,056	29.76	5.13	$31,066
Jul 2003	0	6,211	29.41	5.17	$32,116
Jun 2003	0	6,354	28.56	5.98	$38,016
May 2003	0	6,788	26.59	5.97	$40,543
Apr 2003	0	5,981	26.67	5.41	$32,341
Mar 2003	0	7,408	31.14	6.10	$45,159
Feb 2003	0	6,830	33.48	7.93	$54,134
Jan 2003	0	7,617	30.31	5.58	$42,518
Dec 2002	0	7,969	26.91	4.85	$38,680
Nov 2002	0	7,417	24.66	4.14	$30,684
Oct 2002	0	9,107	26.46	4.23	$38,515
Sep 2002	0	11,235	27.44	3.64	$40,841
Aug 2002	0	11,785	25.96	3.16	$37,290
Jul 2002	0	10,593	24.58	3.06	$32,433
Jun 2002	0	9,471	23.73	3.34	$31,616
May 2002	0	9,792	24.66	3.58	$35,095
Apr 2002	0	9,892	23.65	3.51	$34,744
Mar 2002	0	10,360	22.00	3.10	$32,144
Feb 2002	0	9,331	18.22	2.38	$22,167
Jan 2002	0	10,691	17.17	2.38	$25,398
Dec 2001	0	11,630	16.93	2.36	$27,498
Nov 2001	0	11,893	18.07	2.41	$28,609
Oct 2001	0	13,460	19.78	2.53	$34,039
Sep 2001	0	13,801	24.26	2.25	$31,070
Aug 2001	0	15,458	24.87	3.05	$47,196
Jul 2001	0	16,355	23.93	3.20	$52,288
Jun 2001	0	12,007	24.56	3.82	$45,917
May 2001	0	16,658	25.52	4.31	$71,751
Apr 2001	0	14,286	24.68	5.34	$76,220
Mar 2001	0	15,595	24.54	5.38	$83,846
Feb 2001	0	16,044	27.75	5.77	$92,527
Jan 2001	0	18,621	27.47	8.40	$156,393
Dec 2000	0	18,655	26.88	9.12	$170,180
Nov 2000	0	19,807	32.21	5.66	$112,068
Oct 2000	0	20,432	31.23	5.15	$105,133
Sep 2000	0	18,404	31.87	5.19	$95,452
Aug 2000	0	17,961	29.64	4.54	$81,556
Jul 2000	0	22,146	28.53	4.09	$90,572
Jun 2000	0	21,961	29.30	4.40	$96,568
May 2000	0	20,928	27.26	3.68	$77,010
Apr 2000	0	22,200	24.51	3.12	$69,175
Mar 2000	0	16,450	28.42	2.86	$47,043
Feb 2000	0	8,613	27.62	2.73	$23,483
Jan 2000	0	9,835	25.27	2.48	$24,396
Dec 1999	0	11,095	24.28	2.42	$26,891
Nov 1999	0	8,112	23.19	2.43	$19,745
Oct 1999	0	9,929	20.98	2.80	$27,838
Sep 1999	11	10,096	21.75	2.62	$26,679
Aug 1999	0	11,775	19.26	2.88	$33,860
Jul 1999	0	10,049	17.89	2.37	$23,840
Jun 1999	0	10,984	15.94	2.36	$25,945
May 1999	0	11,618	15.79	2.32	$26,966
Apr 1999	0	9,971	15.10	2.21	$22,016
Mar 1999	0	12,129	12.47	1.84	$22,297
Feb 1999	0	11,369	9.98	1.82	$20,666
Jan 1999	0	13,147	10.38	1.90	$24,979
Dec 1998	0	12,986	9.20	1.77	$23,028
Nov 1998	0	13,131	10.89	2.19	$28,701
Oct 1998	0	13,904	12.42	1.97	$27,380
Sep 1998	0	13,173	12.59	2.08	$27,434
Aug 1998	0	14,727	11.30	1.91	$28,090
Jul 1998	0	14,400	11.74	2.24	$32,217
Jun 1998	0	13,157	11.24	2.24	$29,436
May 1998	0	15,134	12.62	2.21	$33,391
Apr 1998	0	15,137	13.04	2.51	$37,923
Mar 1998	0	17,227	12.80	2.31	$39,785
Feb 1998	0	17,198	13.95	2.30	$39,540
Jan 1998	0	18,546	14.70	2.15	$39,963
Dec 1997	0	18,972	16.32	2.41	$45,743
Nov 1997	0	19,251	18.19	3.09	$59,452
Oct 1997	0	19,102	19.25	3.15	$60,168
Sep 1997	0	19,476	17.74	2.95	$57,549
Aug 1997	0	17,460	17.86	2.55	$44,606
Jul 1997	0	19,051	17.58	2.25	$42,806
Jun 1997	0	18,992	17.24	2.26	$42,869
May 1997	0	20,843	18.97	2.31	$48,116
Apr 1997	0	20,586	17.88	2.08	$42,876
Mar 1997	0	21,151	18.95	1.94	$41,015
Feb 1997	0	16,680	20.49	2.21	$36,794
Jan 1997	0	17,068	23.48	3.54	$60,416
Dec 1996	0	18,177	23.32	—	$0
Nov 1996	0	19,887	21.97	—	$0
Oct 1996	0	22,013	23.31	—	$0
Sep 1996	0	20,990	22.22	—	$0
Aug 1996	0	19,993	20.26	—	$0
Jul 1996	0	23,253	19.55	—	$0
Jun 1996	0	21,468	18.73	—	$0
May 1996	0	24,210	19.43	—	$0
Apr 1996	0	25,959	21.51	—	$0
Mar 1996	0	26,004	19.38	—	$0
Feb 1996	0	20,252	16.98	—	$0
Jan 1996	0	87	17.07	—	$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.

Feb 2015 — as filed, then multipliedworked

Condensate             0 bbl  × $ 44.66 =         $0
Gas                3,173 Mcf  × $  2.98 =     $9,443

────────────────────────────────────────────────────
Month total                                   $9,443

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/157461 is the state's own key, not one this site invented.