WEICHMAN

Operated by GUIDANCE OIL DEVELOPERS,INC.(1) (P-5 337342) in the GABBY field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29481District 09Field 33589001Hydrogen sulphide fieldOilSaveExport
Value, all time
$739 k
Apr 1998 – Nov 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
188
no gaps in the span
Streams
1
oil

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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1950-06-25
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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.

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
OilDisposition35,455 bbl$738,916
Total$738,916

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 33.3800, -98.7864. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.38002, -98.78641 · 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
4,890 ft
1 wells filed one
Completion to plug
15.1 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 4,890 ft.

Completions filed
Apr 1998
1 of 1 wells
Plug dates filed
May 2013
1 of 1 wells

Last completion to plug: a median of 15.1 years across the 1 well that filed both dates, with the middle half between 15.1 years and 15.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5034088214,890 ftApr 1998May 2013Yes

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 (188)

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

188 months

Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 2012499101.652.00$50,723
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 200615569.376.34$10,752
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 200518054.6910.59$9,844
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 200517561.519.80$10,764
Jul 2005055.697.84$0
Jun 200517852.337.38$9,315
May 200517145.226.65$7,733
Apr 2005049.207.36$0
Mar 200517850.377.15$8,966
Feb 200517945.226.31$8,094
Jan 200517743.166.32$7,639
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 200417643.245.28$7,610
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 200417634.365.53$6,047
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 200318128.804.60$5,213
Oct 2003028.174.76$0
Sep 200318026.314.75$4,736
Aug 2003029.765.13$0
Jul 200317429.415.17$5,117
Jun 2003028.565.98$0
May 200317526.595.97$4,653
Apr 2003026.675.41$0
Mar 200319431.146.10$6,041
Feb 2003033.487.93$0
Jan 200319030.315.58$5,759
Dec 2002026.914.85$0
Nov 200217824.664.14$4,389
Oct 2002026.464.23$0
Sep 200218027.443.64$4,939
Aug 200217825.963.16$4,621
Jul 2002024.583.06$0
Jun 200216923.733.34$4,010
May 2002024.663.58$0
Apr 200217423.653.51$4,115
Mar 200216322.003.10$3,586
Feb 2002018.222.38$0
Jan 200216717.172.38$2,867
Dec 200116916.932.36$2,861
Nov 2001018.072.41$0
Oct 2001019.782.53$0
Sep 200116324.262.25$3,954
Aug 200117224.873.05$4,278
Jul 200115923.933.20$3,805
Jun 200117624.563.82$4,323
May 200117225.524.31$4,389
Apr 200153224.685.34$13,130
Mar 2001024.545.38$0
Feb 200153727.755.77$14,902
Jan 2001027.478.40$0
Dec 200036026.889.12$9,677
Nov 200017932.215.66$5,766
Oct 200017831.235.15$5,559
Sep 200035931.875.19$11,441
Aug 200035029.644.54$10,374
Jul 200034828.534.09$9,928
Jun 200017529.304.40$5,128
May 200034527.263.68$9,405
Apr 200051024.513.12$12,500
Mar 200034928.422.86$9,919
Feb 200052427.622.73$14,473
Jan 200098225.272.48$24,815
Dec 19991,05624.282.42$25,640
Nov 19991,40023.192.43$32,466
Oct 19991,04920.982.80$22,008
Sep 19991,19721.752.62$26,035
Aug 19991,20919.262.88$23,285
Jul 19991,05217.892.37$18,820
Jun 19991,21115.942.36$19,303
May 19991,23915.792.32$19,564
Apr 19991,21315.102.21$18,316
Mar 19991,25112.471.84$15,600
Feb 19991,2319.981.82$12,285
Jan 199988710.381.90$9,207
Dec 19981,2229.201.77$11,242
Nov 19981,25310.892.19$13,645
Oct 19981,06112.421.97$13,178
Sep 19981,19212.592.08$15,007
Aug 19981,20511.301.91$13,617
Jul 19981,04711.742.24$12,292
Jun 19981,05111.242.24$11,813
May 19981,22512.622.21$15,460
Apr 199891813.042.51$11,971

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.

Apr 2012 — as filed, then multipliedworked
Oil                  499 bbl  × $101.65 =    $50,723

────────────────────────────────────────────────────
Month total                                  $50,723

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/29481 is the state's own key, not one this site invented.