WILLIAM

Operated by STRAT LAND EXPLORATION COMPANY (P-5 825420) in the HIGGINS, SOUTH (MORROW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 168449District 10Field 411073002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.8 M
Mar 1998 – Jun 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
232
no gaps in the span
Streams
2
condensate, 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 66 leases and 66 wells, and the rule below applies to all of them.

Discovered
1960-12-03
as the register files it
Field class
Gas
the register's own label
Between wells
3,735 ft
minimum
From a lease line
1,867 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED EFF. 4/1/93

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
High Cost Gas112003-12-05153932
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
CondensateDisposition3,944 bbl$86,729
GasProduction1,162,332 Mcf$3,702,995
Total$3,789,724

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 36.0962, -100.0566. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.09615, -100.05655 · 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
12,220 ft
1 wells filed one
Completion to plug
19.3 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 12,220 ft.

Completions filed
Mar 1998
1 of 1 wells
Plug dates filed
Jun 2017
1 of 1 wells

Last completion to plug: a median of 19.3 years across the 1 well that filed both dates, with the middle half between 19.3 years and 19.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-29532385112,220 ftMar 1998Jun 2017Yes

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 (232)

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

232 months

Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 2013115091.824.35$10,559
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090154.743.93$4
Apr 2009018046.773.59$646
Mar 2009031742.144.06$1,287
Feb 2009033832.814.63$1,566
Jan 2009033235.865.37$1,783
Dec 2008032437.105.98$1,937
Nov 2008028855.496.86$1,976
Oct 2008024475.246.92$1,689
Sep 20080258101.767.88$2,032
Aug 20080420114.228.48$3,563
Jul 20080242131.0811.39$2,756
Jun 20080250131.3313.03$3,258
May 20080241123.1711.57$2,789
Apr 20080367110.3110.45$3,837
Mar 20080438101.909.66$4,233
Feb 2008023792.538.77$2,079
Jan 2008042990.388.21$3,520
Dec 2007042588.337.30$3,103
Nov 2007027791.677.29$2,020
Oct 2007043782.856.92$3,025
Sep 2007043275.846.24$2,697
Aug 2007051769.066.39$3,303
Jul 2007050870.906.39$3,245
Jun 20070062.007.55$0
May 2007047758.747.85$3,743
Apr 2007037059.617.81$2,888
Mar 2007043656.927.30$3,184
Feb 2007045455.108.22$3,730
Jan 2007023350.306.73$1,567
Dec 2006020556.656.92$1,418
Nov 2006053054.207.62$4,037
Oct 2006034354.906.01$2,063
Sep 2006032460.085.04$1,632
Aug 2006048768.717.34$3,575
Jul 2006034469.376.34$2,182
Jun 2006046966.286.38$2,994
May 2006051666.016.42$3,315
Apr 2006055064.397.36$4,048
Mar 2006050156.707.08$3,549
Feb 2006046257.597.75$3,581
Jan 2006053060.598.93$4,735
Dec 2005048754.9413.42$6,533
Nov 2005037854.6910.59$4,002
Oct 2005037358.3413.80$5,146
Sep 2005042161.4512.08$5,085
Aug 200517625061.519.80$13,275
Jul 200501,28055.697.84$10,040
Jun 200501,52452.337.38$11,249
May 200501,72045.226.65$11,440
Apr 200501,91549.207.36$14,095
Mar 2005095450.377.15$6,826
Feb 2005069645.226.31$4,393
Jan 2005068143.166.32$4,305
Dec 200401,02839.866.75$6,940
Nov 2004033945.286.33$2,146
Oct 200403,74649.706.52$24,406
Sep 200405,64243.245.28$29,812
Aug 200406,07942.375.55$33,742
Jul 200402,49138.286.08$15,156
Jun 200405,16136.106.43$33,201
May 200404,85037.486.49$31,499
Apr 200405,21934.475.86$30,575
Mar 200405,67734.365.53$31,395
Feb 200403,35032.455.51$18,457
Jan 200403,49632.036.30$22,024
Dec 200305,74330.266.30$36,190
Nov 200305,37328.804.60$24,690
Oct 200305,97228.174.76$28,425
Sep 200306,54126.314.75$31,066
Aug 200306,29629.765.13$32,297
Jul 200306,02129.415.17$31,134
Jun 20031755,09128.565.98$35,457
May 200306,51326.595.97$38,900
Apr 200307,03426.675.41$38,035
Mar 200307,60931.146.10$46,385
Feb 200302,12233.487.93$16,819
Jan 200304,25530.315.58$23,752
Dec 200203,45526.914.85$16,770
Nov 200204,85624.664.14$20,089
Oct 200206,26326.464.23$26,487
Sep 200206,30727.443.64$22,927
Aug 200206,92925.963.16$21,924
Jul 200207,03424.583.06$21,536
Jun 20021756,83123.733.34$26,956
May 200206,49924.663.58$23,292
Apr 200207,32923.653.51$25,742
Mar 200208,07622.003.10$25,058
Feb 200207,30318.222.38$17,350
Jan 200208,70417.172.38$20,678
Dec 200108,13416.932.36$19,232
Nov 20011879,45518.072.41$26,123
Oct 2001010,55419.782.53$26,690
Sep 2001013,17524.262.25$29,661
Aug 200108,32124.873.05$25,405
Jul 2001026323.933.20$841
Jun 200104,01024.563.82$15,335
May 2001010,69325.524.31$46,058
Apr 200105,97824.685.34$31,895
Mar 2001010,56524.545.38$56,802
Feb 200108,08227.755.77$46,610
Jan 200109,51327.478.40$79,897
Dec 200009,27726.889.12$84,629
Nov 200018512,87632.215.66$78,811
Oct 200009,32431.235.15$47,977
Sep 200009,08631.875.19$47,125
Aug 2000012,42029.644.54$56,396
Jul 2000014,39728.534.09$58,880
Jun 2000014,22929.304.40$62,568
May 200018813,69427.263.68$55,515
Apr 2000016,21424.513.12$50,523
Mar 2000015,26828.422.86$43,663
Feb 2000013,51127.622.73$36,838
Jan 200018517,89525.272.48$49,064
Dec 1999020,26524.282.42$49,117
Nov 199920122,17023.192.43$58,623
Oct 1999024,53420.982.80$68,786
Sep 199919924,06921.752.62$67,361
Aug 1999025,67219.262.88$73,822
Jul 199919626,21517.892.37$65,698
Jun 1999026,84915.942.36$63,420
May 199919925,48615.792.32$62,296
Apr 199919926,91115.102.21$62,426
Mar 1999029,16112.471.84$53,608
Feb 1999028,0349.981.82$50,960
Jan 199920330,99810.381.90$61,002
Dec 1998030,8279.201.77$54,666
Nov 199820031,09510.892.19$70,143
Oct 1998031,04512.421.97$61,134
Sep 199819732,30012.592.08$69,749
Aug 199819034,48311.301.91$67,918
Jul 199819744,14111.742.24$101,068
Jun 199818734,49611.242.24$79,279
May 1998029,42312.622.21$64,917
Apr 199839046,59213.042.51$121,814
Mar 1998059,98612.802.31$138,534

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.

Dec 2013 — as filed, then multipliedworked
Condensate           115 bbl  × $ 91.82 =    $10,559
Gas                    0 Mcf  × $  4.35 =         $0

────────────────────────────────────────────────────
Month total                                  $10,559

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. 10/G/168449 is the state's own key, not one this site invented.