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 195527District 10Field 411073002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Jun 2003 – Feb 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
153
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 Gas112003-12-05153927
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
CondensateDisposition130 bbl$12,046
GasProduction393,663 Mcf$2,580,227
Total$2,592,273

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 36.0906, -100.0445. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.09059, -100.04448 · 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
12,225 ft
1 wells filed one
Completion to plug
12.7 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 12,225 ft.

Completions filed
Jun 2003
1 of 1 wells
Plug dates filed
Feb 2016
1 of 1 wells

Last completion to plug: a median of 12.7 years across the 1 well that filed both dates, with the middle half between 12.7 years and 12.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-29532664317412,225 ftJun 2003Feb 2016Yes

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 (153)

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

153 months

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 20130091.824.35$0
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 201213014392.662.91$12,462
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 2012096101.102.57$247
Jan 2012020698.092.73$563
Dec 2011048596.873.24$1,571
Nov 2011016495.723.31$543
Oct 2011049684.983.65$1,810
Sep 201104483.623.99$175
Aug 201107383.404.15$303
Jul 2011061094.144.52$2,756
Jun 2011071692.904.64$3,322
May 2011039798.134.40$1,749
Apr 20110158105.964.33$685
Mar 201109296.364.06$373
Feb 2011025885.644.18$1,078
Jan 2011082986.504.59$3,804
Dec 201001,00485.734.35$4,365
Nov 201009280.843.80$349
Oct 2010055078.103.51$1,930
Sep 201001,10572.633.98$4,397
Aug 201002,05273.684.42$9,069
Jul 2010035372.554.74$1,672
Jun 2010034170.364.91$1,674
May 2010088271.124.24$3,735
Apr 201001,59681.694.12$6,580
Mar 201002,28078.394.39$10,006
Feb 201001,32573.585.44$7,211
Jan 2010035774.365.96$2,129
Dec 200901,04171.445.48$5,709
Nov 2009097474.593.75$3,654
Oct 2009085572.544.11$3,514
Sep 2009074665.543.06$2,286
Aug 2009059667.423.22$1,918
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 200902254.743.93$86
Apr 2009022246.773.59$796
Mar 200903642.144.06$146
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 2008080123.1711.57$926
Apr 200802,705110.3110.45$28,280
Mar 200801,301101.909.66$12,573
Feb 200802,79092.538.77$24,470
Jan 200801,95090.388.21$16,001
Dec 200703,82188.337.30$27,901
Nov 2007059091.677.29$4,302
Oct 200702,97682.856.92$20,600
Sep 200703,15575.846.24$19,700
Aug 200703,57069.066.39$22,805
Jul 200704,73970.906.39$30,272
Jun 20070062.007.55$0
May 200701,95258.747.85$15,316
Apr 200702,78259.617.81$21,714
Mar 2007048456.927.30$3,534
Feb 200702,20655.108.22$18,125
Jan 200702,87250.306.73$19,320
Dec 200603,30956.656.92$22,893
Nov 200603,12954.207.62$23,835
Oct 200603,61154.906.01$21,716
Sep 200603,58260.085.04$18,043
Aug 200603,69668.717.34$27,128
Jul 200604,44069.376.34$28,162
Jun 200602,85766.286.38$18,239
May 200603,16166.016.42$20,309
Apr 200602,20764.397.36$16,245
Mar 200604,36156.707.08$30,889
Feb 200604,17957.597.75$32,392
Jan 200608,39760.598.93$75,013
Dec 200508,54954.9413.42$114,688
Nov 200507,59554.6910.59$80,419
Oct 200506,85458.3413.80$94,556
Sep 200505,01061.4512.08$60,516
Aug 200504,21061.519.80$41,245
Jul 200505,26555.697.84$41,297
Jun 200505,11652.337.38$37,761
May 2005023045.226.65$1,530
Apr 200505,14249.207.36$37,848
Mar 200505,56350.377.15$39,803
Feb 200505,13345.226.31$32,399
Jan 200507,16443.166.32$45,292
Dec 200406,38639.866.75$43,112
Nov 200405,63645.286.33$35,678
Oct 200407,41049.706.52$48,277
Sep 200408,23843.245.28$43,529
Aug 200407,48942.375.55$41,569
Jul 200403,53638.286.08$21,514
Jun 200407,45936.106.43$47,984
May 200408,80237.486.49$57,165
Apr 200406,59034.475.86$38,607
Mar 200407,54734.365.53$41,736
Feb 200408,59932.455.51$47,377
Jan 2004010,77532.036.30$67,879
Dec 2003011,56830.266.30$72,897
Nov 2003012,13328.804.60$55,753
Oct 2003014,82128.174.76$70,543
Sep 2003016,33826.314.75$77,595
Aug 2003020,04929.765.13$102,846
Jul 2003026,68029.415.17$137,958
Jun 2003031,67828.565.98$189,528

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.

Aug 2012 — as filed, then multipliedworked
Condensate           130 bbl  × $ 92.66 =    $12,046
Gas                  143 Mcf  × $  2.91 =       $416

────────────────────────────────────────────────────
Month total                                  $12,462

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/195527 is the state's own key, not one this site invented.