WALSH #3

Operated by PRECISION OPERATING INC. (P-5 676010) in the SOUTHMAYD, NORTH (BAKER-VIOLA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24533District 09Field 84788200NGPA filingOilCasinghead gasSaveExport
Value, all time
$812 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
no gaps in the span
Streams
2
oil, casinghead 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 95 leases and 108 wells, and the rule below applies to all of them.

Discovered
1977-07-14
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 40 acres. The field rule took effect on 1986-09-01.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 02/01/2021.

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
OilDisposition10,079 bbl$166,394
Casinghead gasProduction542,060 Mcf$645,791
Total$812,185

306,480 Mcf of this lease's gas, across 47 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 33.6574, -96.7615. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.65735, -96.76154 · 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
8,325 ft
1 wells filed one
Completion to plug
40.8 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 8,325 ft.

Completions filed
Jul 1984
1 of 1 wells
Plug dates filed
May 2025
1 of 1 wells

Last completion to plug: a median of 40.8 years across the 1 well that filed both dates, with the middle half between 40.8 years and 40.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1813105838,325 ftJul 1984May 2025Yes

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 (183)

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

183 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003117026.595.97$3,111
Apr 20030026.675.41$0
Mar 200301,14331.146.10$6,968
Feb 200301,04333.487.93$8,267
Jan 200301,08830.315.58$6,073
Dec 200201,01026.914.85$4,902
Nov 200201,35824.664.14$5,618
Oct 200201,94026.464.23$8,204
Sep 2002651,37427.443.64$6,778
Aug 200201,30025.963.16$4,113
Jul 200201,26224.583.06$3,864
Jun 200201,20623.733.34$4,026
May 200201,40724.663.58$5,043
Apr 200201,17423.653.51$4,123
Mar 200201,19322.003.10$3,702
Feb 200201,87618.222.38$4,457
Jan 200201,25117.172.38$2,972
Dec 2001085516.932.36$2,022
Nov 200101,14318.072.41$2,750
Oct 200101,27219.782.53$3,217
Sep 200101,23824.262.25$2,787
Aug 200101,26624.873.05$3,865
Jul 200101,24723.933.20$3,987
Jun 200101,22724.563.82$4,692
May 200101,23325.524.31$5,311
Apr 200101,19324.685.34$6,365
Mar 200101,23824.545.38$6,656
Feb 200101,13527.755.77$6,546
Jan 200101,28027.478.40$10,750
Dec 200001,30526.889.12$11,905
Nov 200001,24832.215.66$7,061
Oct 200001,31931.235.15$6,787
Sep 200001,28731.875.19$6,675
Aug 200001,33029.644.54$6,039
Jul 200001,33428.534.09$5,456
Jun 200001,30529.304.40$5,738
May 200001,35127.263.68$4,971
Apr 200001,30124.513.12$4,054
Mar 200001,33928.422.86$3,829
Feb 200001,57527.622.73$4,294
Jan 200001,34525.272.48$3,336
Dec 199901,31124.282.42$3,178
Nov 199901,39623.192.43$3,398
Oct 199901,39620.982.80$3,914
Sep 199901,34321.752.62$3,517
Aug 199901,38419.262.88$3,980
Jul 199901,41717.892.37$3,362
Jun 199901,34615.942.36$3,179
May 1999691,47515.792.32$4,513
Apr 199902,16615.102.21$4,783
Mar 199901,43312.471.84$2,634
Feb 199901,5679.981.82$2,848
Jan 19995522210.381.90$993
Dec 19981644,0689.201.77$8,723
Nov 19981515,94610.892.19$14,641
Oct 199806,80712.421.97$13,404
Sep 19981636,73012.592.08$16,068
Aug 19981657,06311.301.91$15,336
Jul 199807,08211.742.24$15,844
Jun 19981597,00711.242.24$17,464
May 19981617,87712.622.21$19,411
Apr 199807,51113.042.51$18,818
Mar 19981597,60712.802.31$19,603
Feb 199806,38513.952.30$14,680
Jan 19981537,19514.702.15$17,753
Dec 19971446,39216.322.41$17,762
Nov 19971586,62118.193.09$23,321
Oct 19971446,63919.253.15$23,684
Sep 199707,71917.742.95$22,809
Aug 19971538,03217.862.55$23,252
Jul 19971397,55917.582.25$19,428
Jun 19971647,86817.242.26$20,587
May 19971608,00918.972.31$21,524
Apr 199707,63617.882.08$15,904
Mar 19971576,72618.951.94$16,018
Feb 19971687,48920.492.21$19,962
Jan 199707,16523.483.54$25,362
Dec 19961447,01723.32$3,358
Nov 19961687,02821.97$3,691
Oct 199607,29623.31$0
Sep 19961536,41522.22$3,400
Aug 19961485,75420.26$2,998
Jul 199606,65819.55$0
Jun 19961636,44118.73$3,053
May 19961616,79219.43$3,128
Apr 199606,39521.51$0
Mar 19961596,33519.38$3,081
Feb 19961605,82016.98$2,717
Jan 199605,91217.07$0
Dec 19951684,90417.19$2,888
Nov 199503,09116.00$0
Oct 19950015.43$0
Sep 19953228,02916.18$5,210
Aug 19951586,19215.92$2,515
Jul 19951623,40715.24$2,469
Jun 19951687,81016.41$2,757
May 19951655,45317.56$2,897
Apr 19951675,42617.73$2,961
Mar 199501,64716.44$0
Feb 199501,96316.58$0
Jan 199502,81215.92$0
Dec 199401,38715.03$0
Nov 19941583,95715.90$2,512
Oct 19941624,57415.58$2,524
Sep 19941658,48915.29$2,523
Aug 19941737,93616.13$2,790
Jul 19941728,15017.56$3,020
Jun 19941738,44717.09$2,957
May 19943207,13915.88$5,082
Apr 19941688,07514.14$2,376
Mar 19941656,83712.46$2,056
Feb 19941744,95312.50$2,175
Jan 19941635,99112.66$2,064
Dec 19931635,51912.33$2,010
Nov 19931715,90914.49$2,478
Oct 19931739,08315.85$2,742
Sep 19931708,49415.03$2,555
Aug 199317210,16515.66$2,694
Jul 19931799,36215.46$2,767
Jun 19933348,29716.79$5,608
May 199316010,25617.68$2,829
Apr 19935108,20918.05$9,206
Mar 199308,95518.14$0
Feb 19933307,64817.90$5,907
Jan 199319010,05116.93$3,217

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.

May 2003 — as filed, then multipliedworked
Oil                  117 bbl  × $ 26.59 =     $3,111
Casinghead gas         0 Mcf  × $  5.97 =         $0

────────────────────────────────────────────────────
Month total                                   $3,111

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/O/24533 is the state's own key, not one this site invented.