WATERFIELD 16

Name: WATERFIELD 16 lease production and value, Jul 2007 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by UNBRIDLED RESOURCES, LLC (P-5 875461) in the BUFFALO WALLOW (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 230925District 10Field 13147285CondensateGasSave Export

Value, all time

$6.3 M

Jul 2007 – Feb 2021

Value, last 12 filed months

$16 k

at the published price for each month

Months reported

164

no gaps in the span

Streams

condensate, gas

The BUFFALO WALLOW (GRANITE WASH) 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 1,387 leases and 1,388 wells, and the rule below applies to all of them.

Discovered

1974-09-09

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2016-03-29.

The Commission's schedule remark for this field reads: “01-30-2024”

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	13,752 bbl	$1,057,661
Gas	Production	980,008 Mcf	$5,223,997
Total			$6,281,659

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 35.7194, -100.2866. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.71937, -100.28664 · 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

13,855 ft

1 wells filed one

Completion to plug

13.1 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 13,855 ft.

Completions filed

Aug 2007

1 of 1 wells

Plug dates filed

Sep 2020

1 of 1 wells

Last completion to plug: a median of 13.1 years across the 1 well that filed both dates, with the middle half between 13.1 years and 13.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21131565	1	13,855 ft	Aug 2007	Sep 2020	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 (164)

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

164 months


Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	169	0	38.77	2.71	$6,552
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	67	0	37.09	1.99	$2,485
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	271	38.37	1.83	$495
Jun 2020	0	639	34.90	1.69	$1,080
May 2020	0	1,031	16.92	1.81	$1,871
Apr 2020	0	932	14.75	1.80	$1,682
Mar 2020	0	1,145	30.34	1.86	$2,125
Feb 2020	0	1,058	49.88	1.98	$2,096
Jan 2020	0	1,134	57.25	2.09	$2,375
Dec 2019	0	1,088	59.01	2.30	$2,507
Nov 2019	0	1,098	55.30	2.75	$3,020
Oct 2019	0	1,244	53.47	2.42	$3,009
Sep 2019	0	1,281	55.05	2.66	$3,404
Aug 2019	0	1,323	53.11	2.30	$3,049
Jul 2019	0	1,266	56.27	2.46	$3,114
Jun 2019	0	1,230	52.78	2.49	$3,064
May 2019	0	1,331	58.48	2.74	$3,647
Apr 2019	0	1,338	62.63	2.75	$3,680
Mar 2019	0	1,349	56.80	3.06	$4,131
Feb 2019	0	1,672	50.85	2.79	$4,669
Jan 2019	116	1,563	46.03	3.23	$10,385
Dec 2018	0	1,557	46.59	4.19	$6,517
Nov 2018	0	1,691	52.93	4.24	$7,165
Oct 2018	0	1,691	61.44	3.40	$5,746
Sep 2018	0	1,832	59.54	3.11	$5,694
Aug 2018	0	1,497	59.40	3.07	$4,591
Jul 2018	183	1,472	65.14	2.93	$16,236
Jun 2018	0	1,189	60.18	3.08	$3,658
May 2018	0	1,762	65.38	2.90	$5,111
Apr 2018	0	1,614	63.84	2.90	$4,682
Mar 2018	0	1,399	61.22	2.79	$3,899
Feb 2018	0	1,653	61.78	2.77	$4,572
Jan 2018	0	2,001	62.87	4.01	$8,023
Dec 2017	0	2,263	57.27	2.92	$6,611
Nov 2017	0	2,165	55.42	3.12	$6,751
Oct 2017	0	2,516	49.29	2.98	$7,507
Sep 2017	0	2,290	47.52	3.09	$7,070
Aug 2017	0	2,930	45.37	3.00	$8,803
Jul 2017	0	4,247	43.87	3.09	$13,112
Jun 2017	0	4,234	42.49	3.09	$13,072
May 2017	0	2,520	45.37	3.26	$8,224
Apr 2017	188	3,789	47.93	3.21	$21,180
Mar 2017	188	3,904	46.77	2.98	$20,441
Feb 2017	0	3,381	50.45	2.95	$9,983
Jan 2017	0	3,922	49.41	3.42	$13,409
Dec 2016	193	3,470	48.76	3.72	$22,329
Nov 2016	0	3,786	42.49	2.64	$10,012
Oct 2016	0	3,923	46.19	3.09	$12,123
Sep 2016	178	3,788	41.55	3.10	$19,141
Aug 2016	0	3,880	41.44	2.92	$11,346
Jul 2016	0	3,837	41.62	2.92	$11,221
Jun 2016	7	3,463	45.35	2.69	$9,618
May 2016	115	3,685	42.52	1.99	$12,227
Apr 2016	4	3,535	36.56	1.99	$7,185
Mar 2016	123	3,641	33.01	1.79	$10,592
Feb 2016	0	3,398	26.47	2.06	$7,012
Jan 2016	0	3,731	27.35	2.36	$8,821
Dec 2015	86	3,722	32.36	2.00	$10,232
Nov 2015	92	3,641	38.79	2.17	$11,460
Oct 2015	76	3,849	43.55	2.43	$12,650
Sep 2015	1	3,640	42.99	2.76	$10,084
Aug 2015	2	3,873	40.16	2.87	$11,205
Jul 2015	0	3,933	48.15	2.95	$11,583
Jun 2015	184	4,022	56.15	2.88	$21,926
May 2015	0	3,987	55.21	2.96	$11,783
Apr 2015	174	4,127	49.82	2.71	$19,839
Mar 2015	0	4,533	42.89	2.93	$13,303
Feb 2015	0	4,130	44.66	2.98	$12,292
Jan 2015	131	4,508	43.43	3.10	$19,667
Dec 2014	0	4,595	54.69	3.59	$16,502
Nov 2014	147	4,530	70.46	4.25	$29,618
Oct 2014	0	4,522	78.30	3.90	$17,640
Sep 2014	184	4,867	86.16	4.05	$35,543
Aug 2014	0	4,924	89.39	4.04	$19,869
Jul 2014	0	6,726	96.56	4.18	$28,112
Jun 2014	0	3,777	98.16	4.74	$17,891
May 2014	187	2,803	94.73	4.73	$30,963
Apr 2014	0	2,782	95.94	4.81	$13,379
Mar 2014	0	2,800	95.89	5.06	$14,159
Feb 2014	0	2,593	97.40	6.19	$16,056
Jan 2014	198	3,212	90.40	4.86	$33,512
Dec 2013	0	5,544	91.82	4.35	$24,141
Nov 2013	0	2,784	88.85	3.74	$10,407
Oct 2013	0	2,960	97.42	3.78	$11,187
Sep 2013	0	2,954	104.11	3.72	$10,982
Aug 2013	191	3,172	104.25	3.52	$31,085
Jul 2013	0	3,269	102.52	3.72	$12,153
Jun 2013	0	3,263	94.40	3.93	$12,835
May 2013	0	3,828	94.83	4.15	$15,883
Apr 2013	192	4,062	93.96	4.28	$35,436
Mar 2013	0	4,756	93.62	3.91	$18,610
Feb 2013	0	4,222	91.23	3.42	$14,439
Jan 2013	0	5,333	91.60	3.42	$18,238
Dec 2012	184	4,298	86.77	3.42	$30,666
Nov 2012	0	5,579	86.95	3.62	$20,224
Oct 2012	184	5,750	89.38	3.40	$35,994
Sep 2012	0	6,378	94.67	2.92	$18,614
Aug 2012	0	3,769	92.66	2.91	$10,961
Jul 2012	0	3,879	85.13	3.02	$11,718
Jun 2012	0	3,897	79.82	2.52	$9,817
May 2012	173	3,943	91.61	2.49	$25,660
Apr 2012	0	4,606	101.65	2.00	$9,197
Mar 2012	0	5,079	105.05	2.22	$11,286
Feb 2012	0	5,351	101.10	2.57	$13,753
Jan 2012	185	5,388	98.09	2.73	$32,878
Dec 2011	0	5,328	96.87	3.24	$17,261
Nov 2011	186	6,313	95.72	3.31	$38,708
Oct 2011	0	5,490	84.98	3.65	$20,030
Sep 2011	0	5,889	83.62	3.99	$23,472
Aug 2011	0	6,888	83.40	4.15	$28,581
Jul 2011	178	6,684	94.14	4.52	$46,950
Jun 2011	188	7,482	92.90	4.64	$52,181
May 2011	187	5,040	98.13	4.40	$40,551
Apr 2011	0	5,763	105.96	4.33	$24,973
Mar 2011	0	7,106	96.36	4.06	$28,831
Feb 2011	0	5,232	85.64	4.18	$21,870
Jan 2011	0	6,887	86.50	4.59	$31,603
Dec 2010	0	6,472	85.73	4.35	$28,139
Nov 2010	188	6,771	80.84	3.80	$40,896
Oct 2010	0	7,315	78.10	3.51	$25,668
Sep 2010	190	7,188	72.63	3.98	$42,404
Aug 2010	0	7,805	73.68	4.42	$34,493
Jul 2010	191	7,861	72.55	4.74	$51,091
Jun 2010	0	7,031	70.36	4.91	$34,525
May 2010	189	7,958	71.12	4.24	$47,146
Apr 2010	0	8,125	81.69	4.12	$33,497
Mar 2010	194	8,837	78.39	4.39	$53,990
Feb 2010	0	7,579	73.58	5.44	$41,248
Jan 2010	175	7,601	74.36	5.96	$58,346
Dec 2009	0	8,154	71.44	5.48	$44,715
Nov 2009	191	8,828	74.59	3.75	$47,365
Oct 2009	0	9,017	72.54	4.11	$37,062
Sep 2009	185	9,469	65.54	3.06	$41,145
Aug 2009	4	9,803	67.42	3.22	$31,821
Jul 2009	184	10,325	61.13	3.46	$47,019
Jun 2009	184	10,329	66.16	3.90	$52,405
May 2009	175	10,537	54.74	3.93	$50,945
Apr 2009	203	10,227	46.77	3.59	$46,184
Mar 2009	200	11,104	42.14	4.06	$53,499
Feb 2009	1	9,261	32.81	4.63	$42,939
Jan 2009	416	12,838	35.86	5.37	$83,871
Dec 2008	1	9,561	37.10	5.98	$57,185
Nov 2008	214	13,044	55.49	6.86	$101,361
Oct 2008	207	13,137	75.24	6.92	$106,509
Sep 2008	204	12,485	101.76	7.88	$119,105
Aug 2008	180	11,874	114.22	8.48	$121,287
Jul 2008	188	13,971	131.08	11.39	$183,765
Jun 2008	194	15,546	131.33	13.03	$228,083
May 2008	409	16,708	123.17	11.57	$243,760
Apr 2008	14	16,831	110.31	10.45	$177,510
Mar 2008	419	19,548	101.90	9.66	$231,609
Feb 2008	204	20,863	92.53	8.77	$201,857
Jan 2008	210	24,784	90.38	8.21	$222,351
Dec 2007	401	28,950	88.33	7.30	$246,812
Nov 2007	574	34,553	91.67	7.29	$304,569
Oct 2007	824	45,274	82.85	6.92	$381,654
Sep 2007	1,046	44,607	75.84	6.24	$357,862
Aug 2007	586	27,559	69.06	6.39	$216,514
Jul 2007	166	2,367	70.90	6.39	$26,890

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.

Nov 2020 — as filed, then multipliedworked

Condensate           169 bbl  × $ 38.77 =     $6,552
Gas                    0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                   $6,552

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/230925 is the state's own key, not one this site invented.