WATERFIELD 103

Operated by UNITED OIL & SHALE LLC (P-5 103207) in the PARSELL, SOUTH (MORROW LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 261866District 10Field 694318102 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Dec 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
186
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 15 leases and 15 wells, and the rule below applies to all of them.

Discovered
1974-07-01
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 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. 5/1/93

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 Gas112012-03-13201845
NGPA2none

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
CondensateDisposition18 bbl$1,797
GasProduction386,439 Mcf$1,442,903
Total$1,444,700

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 35.9090, -100.5589. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.90903, -100.55886 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,129 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 12,129 ft.

Completions filed
Dec 2010
1 of 1 wells

1 well

42-393323141H12,129 ftDec 2010

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 (186)

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

186 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
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 2020030136.972.48$746
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020020234.901.69$341
May 2020015916.921.81$289
Apr 2020040814.751.80$736
Mar 20200030.341.86$0
Feb 2020019349.881.98$382
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019017553.472.42$423
Sep 201901,22955.052.66$3,266
Aug 201901,07153.112.30$2,468
Jul 201904456.272.46$108
Jun 201901,09052.782.49$2,715
May 2019079258.482.74$2,170
Apr 2019058962.632.75$1,620
Mar 201901,01856.803.06$3,117
Feb 201901,10850.852.79$3,094
Jan 201903,68846.033.23$11,906
Dec 2018050746.594.19$2,122
Nov 201802,28752.934.24$9,691
Oct 201801,60961.443.40$5,468
Sep 201802,79859.543.11$8,696
Aug 201802,28759.403.07$7,013
Jul 201803,03065.142.93$8,884
Jun 201801,82660.183.08$5,618
May 201804,68465.382.90$13,587
Apr 201803,83863.842.90$11,133
Mar 201804,79661.222.79$13,366
Feb 201807,58761.782.77$20,987
Jan 201805,60062.874.01$22,452
Dec 201708,52657.272.92$24,909
Nov 2017011,34355.423.12$35,372
Oct 201708,06049.292.98$24,048
Sep 201708,23247.523.09$25,414
Aug 201709,74945.373.00$29,290
Jul 201708,05643.873.09$24,871
Jun 201703,65942.493.09$11,296
May 2017021645.373.26$705
Apr 2017030347.933.21$973
Mar 2017028146.772.98$838
Feb 2017030750.452.95$906
Jan 2017030049.413.42$1,026
Dec 2016029748.763.72$1,106
Nov 2016024442.492.64$645
Oct 2016025746.193.09$794
Sep 2016040341.553.10$1,250
Aug 2016033741.442.92$986
Jul 2016024541.622.92$716
Jun 2016046145.352.69$1,238
May 2016031342.521.99$623
Apr 2016042336.561.99$842
Mar 2016031733.011.79$569
Feb 2016022326.472.06$460
Jan 201602327.352.36$54
Dec 2015038432.362.00$769
Nov 2015044138.792.17$956
Oct 2015037643.552.43$912
Sep 2015044042.992.76$1,214
Aug 2015043440.162.87$1,247
Jul 2015044948.152.95$1,322
Jun 2015047056.152.88$1,355
May 2015044455.212.96$1,312
Apr 2015048549.822.71$1,313
Mar 2015052242.892.93$1,532
Feb 2015046444.662.98$1,381
Jan 2015053743.433.10$1,665
Dec 20140054.693.59$0
Nov 2014051470.464.25$2,185
Oct 2014057178.303.90$2,227
Sep 2014056986.164.05$2,302
Aug 2014065189.394.04$2,627
Jul 2014089996.564.18$3,757
Jun 2014094998.164.74$4,495
May 201402,94794.734.73$13,929
Apr 20140095.944.81$0
Mar 2014094895.895.06$4,794
Feb 2014070797.406.19$4,378
Jan 2014086790.404.86$4,214
Dec 2013094291.824.35$4,102
Nov 2013098288.853.74$3,671
Oct 201301,18697.423.78$4,482
Sep 20130989104.113.72$3,677
Aug 20130622104.253.52$2,191
Jul 201301,415102.523.72$5,261
Jun 201301,27194.403.93$4,999
May 201301,58294.834.15$6,564
Apr 201301,40593.964.28$6,017
Mar 201301,50993.623.91$5,905
Feb 201301,43191.233.42$4,894
Jan 201301,86891.603.42$6,388
Dec 201201,85986.773.42$6,358
Nov 201201,82186.953.62$6,601
Oct 201202,14489.383.40$7,289
Sep 201202,03694.672.92$5,942
Aug 201202,09892.662.91$6,101
Jul 201202,21185.133.02$6,679
Jun 201202,03779.822.52$5,131
May 201202,20691.612.49$5,489
Apr 201252,867101.652.00$6,233
Mar 201293,386105.052.22$8,469
Feb 201203,352101.102.57$8,615
Jan 201203,75098.092.73$10,253
Dec 201103,89996.873.24$12,632
Nov 201104,57895.723.31$15,159
Oct 201104,81184.983.65$17,553
Sep 201104,16783.623.99$16,609
Aug 201105,87483.404.15$24,373
Jul 201107,25794.144.52$32,782
Jun 201108,22692.904.64$38,168
May 201109,82798.134.40$43,286
Apr 201102,816105.964.33$12,203
Mar 2011065,10996.364.06$264,169
Feb 2011020,25485.644.18$84,661
Jan 2011033,58386.504.59$154,105
Dec 2010440,51085.734.35$176,470

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.

Oct 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 36.97 =         $0
Gas                  301 Mcf  × $  2.48 =       $746

────────────────────────────────────────────────────
Month total                                     $746

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/261866 is the state's own key, not one this site invented.