WATERFIELD 'C'

Operated by UNIT PETROLEUM COMPANY (P-5 877099) in the MENDOTA, NW. (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 258220District 10Field 604625002 tax incentive programmesCondensateGasSaveExport
Value, all time
$277 k
May 2010 – Jul 2023
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
159
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 718 leases and 729 wells, and the rule below applies to all of them.

Discovered
1965-01-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2011-06-27.

The Commission's schedule remark for this field reads: WASH) FIELD EFFECTIVE 12/05/17.

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 Gas112011-01-18200945
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
CondensateDisposition1,353 bbl$127,905
GasProduction40,022 Mcf$149,538
Total$277,444

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 35.8874, -100.5692. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.88737, -100.56917 · 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
11,232 ft
1 wells filed one
Completion to plug
16.0 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 11,232 ft.

Completions filed
Apr 2007
1 of 1 wells
Plug dates filed
Apr 2023
1 of 1 wells

Last completion to plug: a median of 16.0 years across the 1 well that filed both dates, with the middle half between 16.0 years and 16.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-39331898611,232 ftApr 2007Apr 2023Yes

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 (159)

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

159 months

Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023126070.622.23$8,898
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
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 2016010626.472.06$219
Jan 2016013127.352.36$310
Dec 2015013132.362.00$262
Nov 2015016238.792.17$351
Oct 2015016143.552.43$391
Sep 2015011542.992.76$317
Aug 2015013240.162.87$379
Jul 2015014748.152.95$433
Jun 2015015056.152.88$432
May 2015014755.212.96$434
Apr 2015014649.822.71$395
Mar 2015014842.892.93$434
Feb 2015013644.662.98$405
Jan 2015016643.433.10$515
Dec 2014014854.693.59$532
Nov 2014017370.464.25$736
Oct 2014018678.303.90$726
Sep 2014016986.164.05$684
Aug 2014018589.394.04$747
Jul 2014018896.564.18$786
Jun 201417717798.164.74$18,213
May 2014020894.734.73$983
Apr 2014018795.944.81$899
Mar 2014019995.895.06$1,006
Feb 2014018197.406.19$1,121
Jan 2014019890.404.86$962
Dec 2013020091.824.35$871
Nov 2013019788.853.74$736
Oct 2013021097.423.78$794
Sep 20130234104.113.72$870
Aug 20130189104.253.52$666
Jul 20130190102.523.72$706
Jun 2013021494.403.93$842
May 2013022494.834.15$929
Apr 2013021693.964.28$925
Mar 2013023993.623.91$935
Feb 2013018791.233.42$640
Jan 2013014791.603.42$503
Dec 20121803386.773.42$15,731
Nov 2012010486.953.62$377
Oct 2012011789.383.40$398
Sep 20120894.672.92$23
Aug 20120092.662.91$0
Jul 201201,02885.133.02$3,105
Jun 201201,27079.822.52$3,199
May 201201,28191.612.49$3,188
Apr 20121771,268101.652.00$20,524
Mar 20121791,014105.052.22$21,057
Feb 201201,296101.102.57$3,331
Jan 201201,41498.092.73$3,866
Dec 201101,65696.873.24$5,365
Nov 201101,34495.723.31$4,450
Oct 20110084.983.65$0
Sep 2011073983.623.99$2,946
Aug 2011099983.404.15$4,145
Jul 201101,28194.144.52$5,787
Jun 201101,35192.904.64$6,268
May 201101,24598.134.40$5,484
Apr 20113571,322105.964.33$43,556
Mar 201101,28996.364.06$5,230
Feb 201101,21685.644.18$5,083
Jan 201101,39886.504.59$6,415
Dec 201001,42285.734.35$6,183
Nov 201001,42680.843.80$5,412
Oct 201001,54078.103.51$5,404
Sep 201001,25472.633.98$4,990
Aug 201001,26573.684.42$5,590
Jul 20101571,48772.554.74$18,434
Jun 201001,54670.364.91$7,591
May 2010078571.124.24$3,325

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 2023 — as filed, then multipliedworked
Condensate           126 bbl  × $ 70.62 =     $8,898
Gas                    0 Mcf  × $  2.23 =         $0

────────────────────────────────────────────────────
Month total                                   $8,898

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/258220 is the state's own key, not one this site invented.