YOUNG, WELDON

Name: YOUNG, WELDON lease production and value, May 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BURLINGTON RESOURCES O & G CO LP (P-5 109333) in the GAS FINDERS (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173599District 09Field 34128300CondensateGasSave Export

Value, all time

$1.1 M

May 1999 – Mar 2011

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

143

no gaps in the span

Streams

condensate, gas

The GAS FINDERS (CONGL.) 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 106 leases and 106 wells, and the rule below applies to all of them.

Discovered

1974-09-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFFECTIVE 7/1/93.”

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	149 bbl	$7,489
Gas	Production	204,821 Mcf	$1,058,044
Total			$1,065,533

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 33.2253, -97.3151. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.22525, -97.31513 · 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

7,200 ft

1 wells filed one

Completion to plug

11.8 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 7,200 ft.

Completions filed

May 1999

1 of 1 wells

Plug dates filed

Mar 2011

1 of 1 wells

Last completion to plug: a median of 11.8 years across the 1 well that filed both dates, with the middle half between 11.8 years and 11.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-12130695	1	7,200 ft	May 1999	Mar 2011	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 (143)

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

143 months


Mar 2011	20	0	96.36	4.06	$1,927
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	44	7	65.54	3.06	$2,905
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	379	46.77	3.59	$1,360
Mar 2009	0	891	42.14	4.06	$3,617
Feb 2009	0	908	32.81	4.63	$4,207
Jan 2009	0	1,053	35.86	5.37	$5,656
Dec 2008	0	1,101	37.10	5.98	$6,581
Nov 2008	0	1,161	55.49	6.86	$7,965
Oct 2008	0	1,446	75.24	6.92	$10,009
Sep 2008	0	1,311	101.76	7.88	$10,327
Aug 2008	0	960	114.22	8.48	$8,144
Jul 2008	0	1,017	131.08	11.39	$11,583
Jun 2008	0	989	131.33	13.03	$12,889
May 2008	0	1,026	123.17	11.57	$11,875
Apr 2008	0	1,008	110.31	10.45	$10,539
Mar 2008	0	1,058	101.90	9.66	$10,225
Feb 2008	0	1,037	92.53	8.77	$9,095
Jan 2008	0	1,245	90.38	8.21	$10,216
Dec 2007	0	1,177	88.33	7.30	$8,594
Nov 2007	0	969	91.67	7.29	$7,066
Oct 2007	0	1,080	82.85	6.92	$7,476
Sep 2007	0	1,077	75.84	6.24	$6,725
Aug 2007	0	1,120	69.06	6.39	$7,154
Jul 2007	0	1,121	70.90	6.39	$7,161
Jun 2007	0	1,085	62.00	7.55	$8,190
May 2007	0	1,160	58.74	7.85	$9,102
Apr 2007	0	1,141	59.61	7.81	$8,906
Mar 2007	0	1,234	56.92	7.30	$9,011
Feb 2007	0	997	55.10	8.22	$8,191
Jan 2007	0	1,184	50.30	6.73	$7,965
Dec 2006	0	1,232	56.65	6.92	$8,524
Nov 2006	0	1,198	54.20	7.62	$9,126
Oct 2006	0	1,386	54.90	6.01	$8,335
Sep 2006	0	1,548	60.08	5.04	$7,798
Aug 2006	0	2,169	68.71	7.34	$15,920
Jul 2006	0	1,464	69.37	6.34	$9,286
Jun 2006	0	1,317	66.28	6.38	$8,408
May 2006	0	1,234	66.01	6.42	$7,928
Apr 2006	0	1,306	64.39	7.36	$9,613
Mar 2006	0	1,289	56.70	7.08	$9,130
Feb 2006	0	967	57.59	7.75	$7,495
Jan 2006	0	1,117	60.59	8.93	$9,979
Dec 2005	0	1,124	54.94	13.42	$15,079
Nov 2005	0	1,133	54.69	10.59	$11,997
Oct 2005	0	1,199	58.34	13.80	$16,541
Sep 2005	0	1,175	61.45	12.08	$14,193
Aug 2005	0	1,243	61.51	9.80	$12,177
Jul 2005	0	1,274	55.69	7.84	$9,993
Jun 2005	0	1,222	52.33	7.38	$9,020
May 2005	0	1,239	45.22	6.65	$8,241
Apr 2005	0	1,242	49.20	7.36	$9,142
Mar 2005	0	1,337	50.37	7.15	$9,566
Feb 2005	0	1,368	45.22	6.31	$8,635
Jan 2005	0	1,269	43.16	6.32	$8,023
Dec 2004	0	1,180	39.86	6.75	$7,966
Nov 2004	0	1,194	45.28	6.33	$7,559
Oct 2004	0	1,272	49.70	6.52	$8,287
Sep 2004	0	1,257	43.24	5.28	$6,642
Aug 2004	0	1,335	42.37	5.55	$7,410
Jul 2004	0	1,387	38.28	6.08	$8,439
Jun 2004	0	1,453	36.10	6.43	$9,347
May 2004	1	1,398	37.48	6.49	$9,117
Apr 2004	0	1,661	34.47	5.86	$9,731
Mar 2004	0	1,462	34.36	5.53	$8,085
Feb 2004	0	1,201	32.45	5.51	$6,617
Jan 2004	0	1,537	32.03	6.30	$9,683
Dec 2003	0	1,408	30.26	6.30	$8,873
Nov 2003	0	1,366	28.80	4.60	$6,277
Oct 2003	0	1,557	28.17	4.76	$7,411
Sep 2003	1	1,233	26.31	4.75	$5,882
Aug 2003	0	1,401	29.76	5.13	$7,187
Jul 2003	0	1,495	29.41	5.17	$7,730
Jun 2003	0	1,616	28.56	5.98	$9,668
May 2003	0	2,039	26.59	5.97	$12,178
Apr 2003	0	1,631	26.67	5.41	$8,819
Mar 2003	0	1,548	31.14	6.10	$9,437
Feb 2003	60	1,449	33.48	7.93	$13,493
Jan 2003	0	1,727	30.31	5.58	$9,640
Dec 2002	0	1,812	26.91	4.85	$8,795
Nov 2002	0	1,818	24.66	4.14	$7,521
Oct 2002	0	1,670	26.46	4.23	$7,063
Sep 2002	0	1,593	27.44	3.64	$5,791
Aug 2002	0	1,555	25.96	3.16	$4,920
Jul 2002	0	1,639	24.58	3.06	$5,018
Jun 2002	12	1,730	23.73	3.34	$6,060
May 2002	0	1,842	24.66	3.58	$6,602
Apr 2002	0	933	23.65	3.51	$3,277
Mar 2002	0	1,462	22.00	3.10	$4,536
Feb 2002	0	1,360	18.22	2.38	$3,231
Jan 2002	0	1,586	17.17	2.38	$3,768
Dec 2001	0	1,557	16.93	2.36	$3,681
Nov 2001	0	1,632	18.07	2.41	$3,926
Oct 2001	0	1,741	19.78	2.53	$4,403
Sep 2001	0	1,993	24.26	2.25	$4,487
Aug 2001	0	1,797	24.87	3.05	$5,487
Jul 2001	0	1,989	23.93	3.20	$6,359
Jun 2001	0	1,998	24.56	3.82	$7,641
May 2001	1	2,266	25.52	4.31	$9,786
Apr 2001	0	1,821	24.68	5.34	$9,716
Mar 2001	0	2,024	24.54	5.38	$10,882
Feb 2001	0	1,677	27.75	5.77	$9,671
Jan 2001	0	1,931	27.47	8.40	$16,218
Dec 2000	0	1,852	26.88	9.12	$16,895
Nov 2000	0	2,236	32.21	5.66	$12,651
Oct 2000	0	2,122	31.23	5.15	$10,919
Sep 2000	4	2,282	31.87	5.19	$11,963
Aug 2000	0	2,514	29.64	4.54	$11,415
Jul 2000	0	2,904	28.53	4.09	$11,877
Jun 2000	2	2,592	29.30	4.40	$11,456
May 2000	3	2,863	27.26	3.68	$10,617
Apr 2000	0	2,686	24.51	3.12	$8,370
Mar 2000	0	2,661	28.42	2.86	$7,610
Feb 2000	1	2,949	27.62	2.73	$8,068
Jan 2000	0	2,913	25.27	2.48	$7,226
Dec 1999	0	3,350	24.28	2.42	$8,119
Nov 1999	0	3,487	23.19	2.43	$8,487
Oct 1999	0	4,113	20.98	2.80	$11,532
Sep 1999	0	5,013	21.75	2.62	$13,128
Aug 1999	0	4,616	19.26	2.88	$13,274
Jul 1999	0	5,710	17.89	2.37	$13,546
Jun 1999	0	8,576	15.94	2.36	$20,257
May 1999	0	2,155	15.79	2.32	$5,002

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.

Mar 2011 — as filed, then multipliedworked

Condensate            20 bbl  × $ 96.36 =     $1,927
Gas                    0 Mcf  × $  4.06 =         $0

────────────────────────────────────────────────────
Month total                                   $1,927

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. 09/G/173599 is the state's own key, not one this site invented.