WELCH & WELCH

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

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21859District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$1.3 M

Jan 1993 – May 2013

Value, last 12 filed months

at the published price for each month

Months reported

245

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered

1952-12-22

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 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	32,890 bbl	$933,091
Casinghead gas	Production	127,550 Mcf	$407,468
Total			$1,340,559

38,314 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 (2)

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 32.2612, -101.9460. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.26121, -101.94604 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

9,163 ft

2 wells filed one

Completion to plug

26.8 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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

Between 9,100 and 9,225 ft, median 9,163 ft, over the 2 wells that filed a depth.

Completions filed

Jan 1986

1 of 2 wells; 1 filed none

Plug dates filed

Mar 2007 – Oct 2012

2 of 2 wells

Last completion to plug: a median of 26.8 years across the 1 well that filed both dates, with the middle half between 26.8 years and 26.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-31730119	1	9,100 ft	—	Mar 2007	Yes
42-31733259	2	9,225 ft	Jan 1986	Oct 2012	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 (245)

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

245 months


May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	26	0	98.09	2.73	$2,550
Dec 2011	84	0	96.87	3.24	$8,137
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	162	84.98	3.65	$591
Sep 2011	437	124	83.62	3.99	$37,036
Aug 2011	2	177	83.40	4.15	$901
Jul 2011	0	155	94.14	4.52	$700
Jun 2011	0	111	92.90	4.64	$515
May 2011	0	171	98.13	4.40	$753
Apr 2011	0	213	105.96	4.33	$923
Mar 2011	0	206	96.36	4.06	$836
Feb 2011	0	130	85.64	4.18	$543
Jan 2011	0	95	86.50	4.59	$436
Dec 2010	0	114	85.73	4.35	$496
Nov 2010	0	99	80.84	3.80	$376
Oct 2010	0	126	78.10	3.51	$442
Sep 2010	0	128	72.63	3.98	$509
Aug 2010	0	149	73.68	4.42	$658
Jul 2010	413	160	72.55	4.74	$30,721
Jun 2010	0	163	70.36	4.91	$800
May 2010	0	170	71.12	4.24	$720
Apr 2010	0	167	81.69	4.12	$688
Mar 2010	0	192	78.39	4.39	$843
Feb 2010	0	194	73.58	5.44	$1,056
Jan 2010	0	237	74.36	5.96	$1,413
Dec 2009	0	226	71.44	5.48	$1,239
Nov 2009	0	201	74.59	3.75	$754
Oct 2009	0	209	72.54	4.11	$859
Sep 2009	0	214	65.54	3.06	$656
Aug 2009	0	223	67.42	3.22	$718
Jul 2009	0	97	61.13	3.46	$336
Jun 2009	0	98	66.16	3.90	$382
May 2009	441	306	54.74	3.93	$25,342
Apr 2009	0	293	46.77	3.59	$1,051
Mar 2009	0	279	42.14	4.06	$1,132
Feb 2009	0	251	32.81	4.63	$1,163
Jan 2009	0	317	35.86	5.37	$1,703
Dec 2008	0	367	37.10	5.98	$2,194
Nov 2008	0	336	55.49	6.86	$2,305
Oct 2008	0	317	75.24	6.92	$2,194
Sep 2008	435	161	101.76	7.88	$45,534
Aug 2008	0	373	114.22	8.48	$3,164
Jul 2008	0	373	131.08	11.39	$4,248
Jun 2008	0	337	131.33	13.03	$4,392
May 2008	0	345	123.17	11.57	$3,993
Apr 2008	0	272	110.31	10.45	$2,844
Mar 2008	0	280	101.90	9.66	$2,706
Feb 2008	436	297	92.53	8.77	$42,948
Jan 2008	0	330	90.38	8.21	$2,708
Dec 2007	0	456	88.33	7.30	$3,330
Nov 2007	0	496	91.67	7.29	$3,617
Oct 2007	0	458	82.85	6.92	$3,170
Sep 2007	0	196	75.84	6.24	$1,224
Aug 2007	0	239	69.06	6.39	$1,527
Jul 2007	353	291	70.90	6.39	$26,887
Jun 2007	0	369	62.00	7.55	$2,785
May 2007	0	406	58.74	7.85	$3,186
Apr 2007	0	394	59.61	7.81	$3,075
Mar 2007	0	321	56.92	7.30	$2,344
Feb 2007	397	349	55.10	8.22	$24,742
Jan 2007	0	423	50.30	6.73	$2,845
Dec 2006	0	101	56.65	6.92	$699
Nov 2006	0	418	54.20	7.62	$3,184
Oct 2006	0	414	54.90	6.01	$2,490
Sep 2006	269	405	60.08	5.04	$18,202
Aug 2006	0	386	68.71	7.34	$2,833
Jul 2006	0	403	69.37	6.34	$2,556
Jun 2006	0	355	66.28	6.38	$2,266
May 2006	292	353	66.01	6.42	$21,543
Apr 2006	0	355	64.39	7.36	$2,613
Mar 2006	0	372	56.70	7.08	$2,635
Feb 2006	0	329	57.59	7.75	$2,550
Jan 2006	330	371	60.59	8.93	$23,309
Dec 2005	0	385	54.94	13.42	$5,165
Nov 2005	1	410	54.69	10.59	$4,396
Oct 2005	0	372	58.34	13.80	$5,132
Sep 2005	0	356	61.45	12.08	$4,300
Aug 2005	291	439	61.51	9.80	$22,200
Jul 2005	0	552	55.69	7.84	$4,330
Jun 2005	331	539	52.33	7.38	$21,300
May 2005	0	512	45.22	6.65	$3,405
Apr 2005	330	552	49.20	7.36	$20,299
Mar 2005	316	606	50.37	7.15	$20,253
Feb 2005	0	424	45.22	6.31	$2,676
Jan 2005	0	541	43.16	6.32	$3,420
Dec 2004	284	565	39.86	6.75	$15,135
Nov 2004	298	552	45.28	6.33	$16,988
Oct 2004	0	472	49.70	6.52	$3,075
Sep 2004	319	482	43.24	5.28	$16,340
Aug 2004	0	454	42.37	5.55	$2,520
Jul 2004	322	507	38.28	6.08	$15,411
Jun 2004	0	444	36.10	6.43	$2,856
May 2004	322	475	37.48	6.49	$15,153
Apr 2004	0	499	34.47	5.86	$2,923
Mar 2004	369	382	34.36	5.53	$14,791
Feb 2004	0	359	32.45	5.51	$1,978
Jan 2004	0	428	32.03	6.30	$2,696
Dec 2003	170	657	30.26	6.30	$9,284
Nov 2003	111	509	28.80	4.60	$5,536
Oct 2003	218	542	28.17	4.76	$8,721
Sep 2003	201	683	26.31	4.75	$8,532
Aug 2003	0	686	29.76	5.13	$3,519
Jul 2003	259	699	29.41	5.17	$11,232
Jun 2003	198	688	28.56	5.98	$9,771
May 2003	0	691	26.59	5.97	$4,127
Apr 2003	173	627	26.67	5.41	$8,004
Mar 2003	215	687	31.14	6.10	$10,883
Feb 2003	0	551	33.48	7.93	$4,367
Jan 2003	218	603	30.31	5.58	$9,974
Dec 2002	186	646	26.91	4.85	$8,141
Nov 2002	0	646	24.66	4.14	$2,672
Oct 2002	189	686	26.46	4.23	$7,902
Sep 2002	272	704	27.44	3.64	$10,023
Aug 2002	0	785	25.96	3.16	$2,484
Jul 2002	290	809	24.58	3.06	$9,605
Jun 2002	0	740	23.73	3.34	$2,470
May 2002	310	638	24.66	3.58	$9,931
Apr 2002	0	671	23.65	3.51	$2,357
Mar 2002	326	676	22.00	3.10	$9,269
Feb 2002	1	577	18.22	2.38	$1,389
Jan 2002	2	645	17.17	2.38	$1,567
Dec 2001	331	645	16.93	2.36	$7,129
Nov 2001	0	720	18.07	2.41	$1,732
Oct 2001	178	826	19.78	2.53	$5,610
Sep 2001	237	602	24.26	2.25	$7,105
Aug 2001	0	619	24.87	3.05	$1,890
Jul 2001	265	720	23.93	3.20	$8,643
Jun 2001	436	662	24.56	3.82	$13,240
May 2001	0	493	25.52	4.31	$2,124
Apr 2001	0	672	24.68	5.34	$3,585
Mar 2001	252	653	24.54	5.38	$9,695
Feb 2001	339	589	27.75	5.77	$12,804
Jan 2001	1	621	27.47	8.40	$5,243
Dec 2000	396	453	26.88	9.12	$14,777
Nov 2000	0	460	32.21	5.66	$2,603
Oct 2000	0	675	31.23	5.15	$3,473
Sep 2000	376	726	31.87	5.19	$15,749
Aug 2000	0	758	29.64	4.54	$3,442
Jul 2000	390	714	28.53	4.09	$14,047
Jun 2000	0	736	29.30	4.40	$3,236
May 2000	180	737	27.26	3.68	$7,619
Apr 2000	269	656	24.51	3.12	$8,637
Mar 2000	435	672	28.42	2.86	$14,284
Feb 2000	0	615	27.62	2.73	$1,677
Jan 2000	0	725	25.27	2.48	$1,798
Dec 1999	423	687	24.28	2.42	$11,936
Nov 1999	0	695	23.19	2.43	$1,692
Oct 1999	251	655	20.98	2.80	$7,102
Sep 1999	0	674	21.75	2.62	$1,765
Aug 1999	423	733	19.26	2.88	$10,255
Jul 1999	0	748	17.89	2.37	$1,775
Jun 1999	124	728	15.94	2.36	$3,696
May 1999	432	730	15.79	2.32	$8,516
Apr 1999	0	728	15.10	2.21	$1,607
Mar 1999	465	777	12.47	1.84	$7,227
Feb 1999	0	686	9.98	1.82	$1,247
Jan 1999	0	707	10.38	1.90	$1,343
Dec 1998	360	759	9.20	1.77	$4,658
Nov 1998	388	632	10.89	2.19	$5,607
Oct 1998	0	798	12.42	1.97	$1,571
Sep 1998	439	786	12.59	2.08	$7,164
Aug 1998	0	797	11.30	1.91	$1,520
Jul 1998	0	852	11.74	2.24	$1,906
Jun 1998	203	829	11.24	2.24	$4,136
May 1998	136	793	12.62	2.21	$3,466
Apr 1998	269	751	13.04	2.51	$5,389
Mar 1998	165	780	12.80	2.31	$3,913
Feb 1998	175	680	13.95	2.30	$4,005
Jan 1998	150	752	14.70	2.15	$3,825
Dec 1997	234	845	16.32	2.41	$5,856
Nov 1997	178	638	18.19	3.09	$5,208
Oct 1997	192	813	19.25	3.15	$6,257
Sep 1997	210	863	17.74	2.95	$6,275
Aug 1997	195	857	17.86	2.55	$5,672
Jul 1997	216	915	17.58	2.25	$5,853
Jun 1997	192	855	17.24	2.26	$5,240
May 1997	193	897	18.97	2.31	$5,732
Apr 1997	232	859	17.88	2.08	$5,937
Mar 1997	178	826	18.95	1.94	$4,975
Feb 1997	245	756	20.49	2.21	$6,688
Jan 1997	219	848	23.48	3.54	$8,144
Dec 1996	198	825	23.32	—	$4,617
Nov 1996	262	825	21.97	—	$5,756
Oct 1996	210	827	23.31	—	$4,895
Sep 1996	236	809	22.22	—	$5,244
Aug 1996	199	817	20.26	—	$4,032
Jul 1996	251	711	19.55	—	$4,907
Jun 1996	214	820	18.73	—	$4,008
May 1996	301	852	19.43	—	$5,848
Apr 1996	163	622	21.51	—	$3,506
Mar 1996	178	642	19.38	—	$3,450
Feb 1996	218	700	16.98	—	$3,702
Jan 1996	263	707	17.07	—	$4,489
Dec 1995	223	743	17.19	—	$3,833
Nov 1995	204	716	16.00	—	$3,264
Oct 1995	240	806	15.43	—	$3,703
Sep 1995	281	772	16.18	—	$4,547
Aug 1995	186	718	15.92	—	$2,961
Jul 1995	241	785	15.24	—	$3,673
Jun 1995	184	748	16.41	—	$3,019
May 1995	195	727	17.56	—	$3,424
Apr 1995	175	609	17.73	—	$3,103
Mar 1995	210	758	16.44	—	$3,452
Feb 1995	189	695	16.58	—	$3,134
Jan 1995	287	791	15.92	—	$4,569
Dec 1994	230	844	15.03	—	$3,457
Nov 1994	249	853	15.90	—	$3,959
Oct 1994	236	840	15.58	—	$3,677
Sep 1994	174	777	15.29	—	$2,660
Aug 1994	259	839	16.13	—	$4,178
Jul 1994	261	843	17.56	—	$4,583
Jun 1994	227	841	17.09	—	$3,879
May 1994	234	889	15.88	—	$3,716
Apr 1994	223	873	14.14	—	$3,153
Mar 1994	277	856	12.46	—	$3,451
Feb 1994	231	781	12.50	—	$2,888
Jan 1994	264	870	12.66	—	$3,342
Dec 1993	284	877	12.33	—	$3,502
Nov 1993	224	823	14.49	—	$3,246
Oct 1993	231	885	15.85	—	$3,661
Sep 1993	239	880	15.03	—	$3,592
Aug 1993	303	905	15.66	—	$4,745
Jul 1993	198	917	15.46	—	$3,061
Jun 1993	298	864	16.79	—	$5,003
May 1993	260	793	17.68	—	$4,597
Apr 1993	285	785	18.05	—	$5,144
Mar 1993	322	843	18.14	—	$5,841
Feb 1993	224	768	17.90	—	$4,010
Jan 1993	440	843	16.93	—	$7,449

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.

Jan 2012 — as filed, then multipliedworked

Oil                   26 bbl  × $ 98.09 =     $2,550
Casinghead gas         0 Mcf  × $  2.73 =         $0

────────────────────────────────────────────────────
Month total                                   $2,550

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/O/21859 is the state's own key, not one this site invented.