WOODWARD TRUST #1

Operated by PALO PINTO BOND COMPANY, LLC (P-5 637403) in the MIDDLE CREEK (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 136242District 7BField 61043200CondensateGasSaveExport
Value, all time
$387 k
Jan 1993 – Jun 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
366
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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
1984-10-09
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 02/01/2004.

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
CondensateDisposition24 bbl$470
GasProduction136,115 Mcf$386,418
Total$386,888

48,656 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.6180, -98.4815. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.61805, -98.48146 · 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
3,865 ft
1 wells filed one
Completion to plug
32.6 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 3,865 ft.

Completions filed
Nov 1990
1 of 1 wells
Plug dates filed
Jun 2023
1 of 1 wells

Last completion to plug: a median of 32.6 years across the 1 well that filed both dates, with the middle half between 32.6 years and 32.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633401813,865 ftNov 1990Jun 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 (366)

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

366 months

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 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 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 20153356.152.88$177
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 20130238104.253.52$838
Jul 20130411102.523.72$1,528
Jun 2013039394.403.93$1,546
May 2013041694.834.15$1,726
Apr 2013042093.964.28$1,799
Mar 2013042493.623.91$1,659
Feb 2013034291.233.42$1,170
Jan 2013039891.603.42$1,361
Dec 2012038786.773.42$1,324
Nov 2012037286.953.62$1,348
Oct 2012032789.383.40$1,112
Sep 2012038294.672.92$1,115
Aug 2012062592.662.91$1,818
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 201209691.612.49$239
Apr 20120407101.652.00$813
Mar 20120521105.052.22$1,158
Feb 20120514101.102.57$1,321
Jan 2012040198.092.73$1,096
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 2011011784.983.65$427
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 20110101105.964.33$438
Mar 2011040196.364.06$1,627
Feb 2011028985.644.18$1,208
Jan 2011034986.504.59$1,601
Dec 2010037685.734.35$1,635
Nov 2010039880.843.80$1,511
Oct 201002578.103.51$88
Sep 2010039372.633.98$1,564
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 201008770.364.91$427
May 2010029671.124.24$1,254
Apr 2010027981.694.12$1,150
Mar 2010025578.394.39$1,119
Feb 2010018073.585.44$980
Jan 2010021574.365.96$1,282
Dec 200904871.445.48$263
Nov 2009020974.593.75$784
Oct 2009024172.544.11$991
Sep 2009039965.543.06$1,223
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009011366.163.90$440
May 2009024854.743.93$974
Apr 2009012446.773.59$445
Mar 2009022342.144.06$905
Feb 2009019832.814.63$917
Jan 2009019735.865.37$1,058
Dec 2008020637.105.98$1,231
Nov 2008019955.496.86$1,365
Oct 2008033575.246.92$2,319
Sep 20080418101.767.88$3,293
Aug 20080220114.228.48$1,866
Jul 20080317131.0811.39$3,610
Jun 2008026131.3313.03$339
May 2008019123.1711.57$220
Apr 2008023110.3110.45$240
Mar 20080179101.909.66$1,730
Feb 2008017392.538.77$1,517
Jan 2008027990.388.21$2,289
Dec 2007045888.337.30$3,344
Nov 2007052791.677.29$3,843
Oct 2007040782.856.92$2,817
Sep 2007047075.846.24$2,935
Aug 2007049069.066.39$3,130
Jul 2007051670.906.39$3,296
Jun 2007050562.007.55$3,812
May 2007048558.747.85$3,805
Apr 2007042359.617.81$3,302
Mar 2007046456.927.30$3,388
Feb 2007046855.108.22$3,845
Jan 2007050950.306.73$3,424
Dec 2006046056.656.92$3,182
Nov 2006036654.207.62$2,788
Oct 2006038354.906.01$2,303
Sep 2006042960.085.04$2,161
Aug 2006053968.717.34$3,956
Jul 2006044869.376.34$2,842
Jun 2006041366.286.38$2,637
May 2006042766.016.42$2,743
Apr 2006045164.397.36$3,320
Mar 2006039856.707.08$2,819
Feb 2006039257.597.75$3,038
Jan 2006042160.598.93$3,761
Dec 2005043754.9413.42$5,863
Nov 2005044554.6910.59$4,712
Oct 2005056858.3413.80$7,836
Sep 2005038361.4512.08$4,626
Aug 2005048761.519.80$4,771
Jul 2005035355.697.84$2,769
Jun 2005052252.337.38$3,853
May 2005050945.226.65$3,385
Apr 2005045049.207.36$3,312
Mar 2005044750.377.15$3,198
Feb 2005038245.226.31$2,411
Jan 2005043943.166.32$2,775
Dec 2004059839.866.75$4,037
Nov 2004069345.286.33$4,387
Oct 2004032749.706.52$2,130
Sep 2004066243.245.28$3,498
Aug 2004020842.375.55$1,155
Jul 2004028838.286.08$1,752
Jun 2004058036.106.43$3,731
May 2004065337.486.49$4,241
Apr 2004061534.475.86$3,603
Mar 2004054834.365.53$3,031
Feb 2004059832.455.51$3,295
Jan 2004071032.036.30$4,473
Dec 2003044530.266.30$2,804
Nov 2003061628.804.60$2,831
Oct 2003062728.174.76$2,984
Sep 2003048826.314.75$2,318
Aug 2003048929.765.13$2,508
Jul 2003060829.415.17$3,144
Jun 2003015228.565.98$909
May 2003049326.595.97$2,945
Apr 2003030226.675.41$1,633
Mar 2003025131.146.10$1,530
Feb 2003030233.487.93$2,394
Jan 2003046930.315.58$2,618
Dec 2002043726.914.85$2,121
Nov 200202424.664.14$99
Oct 2002012526.464.23$529
Sep 2002043527.443.64$1,581
Aug 2002044025.963.16$1,392
Jul 2002044824.583.06$1,372
Jun 2002041623.733.34$1,389
May 2002041824.663.58$1,498
Apr 2002045923.653.51$1,612
Mar 2002044222.003.10$1,371
Feb 20020018.222.38$0
Jan 2002016617.172.38$394
Dec 200102616.932.36$61
Nov 2001023818.072.41$573
Oct 2001045319.782.53$1,146
Sep 2001044324.262.25$997
Aug 2001072524.873.05$2,214
Jul 2001048323.933.20$1,544
Jun 2001011124.563.82$424
May 2001013825.524.31$594
Apr 2001011924.685.34$635
Mar 2001011524.545.38$618
Feb 200109227.755.77$531
Jan 2001010227.478.40$857
Dec 2000014526.889.12$1,323
Nov 2000028532.215.66$1,613
Oct 2000071831.235.15$3,694
Sep 2000066731.875.19$3,459
Aug 2000072429.644.54$3,288
Jul 2000071628.534.09$2,928
Jun 2000068929.304.40$3,030
May 2000071227.263.68$2,620
Apr 2000071024.513.12$2,212
Mar 2000071128.422.86$2,033
Feb 2000083027.622.73$2,263
Jan 2000035025.272.48$868
Dec 1999053924.282.42$1,306
Nov 1999083823.192.43$2,040
Oct 1999089420.982.80$2,507
Sep 1999085021.752.62$2,226
Aug 1999088719.262.88$2,551
Jul 1999093317.892.37$2,213
Jun 1999067715.942.36$1,599
May 1999059915.792.32$1,390
Apr 1999088515.102.21$1,954
Mar 1999080512.471.84$1,480
Feb 199906549.981.82$1,189
Jan 1999066610.381.90$1,265
Dec 199804019.201.77$711
Nov 1998040110.892.19$876
Oct 1998059812.421.97$1,178
Sep 1998064412.592.08$1,341
Aug 1998079211.301.91$1,511
Jul 1998071511.742.24$1,600
Jun 1998017811.242.24$398
May 1998023912.622.21$527
Apr 1998048513.042.51$1,215
Mar 199801,02912.802.31$2,376
Feb 1998058113.952.30$1,336
Jan 199801,05514.702.15$2,273
Dec 199701,10016.322.41$2,652
Nov 199701,07118.193.09$3,308
Oct 199701,10419.253.15$3,477
Sep 199701,09217.742.95$3,227
Aug 199701,24217.862.55$3,173
Jul 199701,08617.582.25$2,440
Jun 199701,29917.242.26$2,932
May 199701,06418.972.31$2,456
Apr 199701,17217.882.08$2,441
Mar 199701,24218.951.94$2,408
Feb 199701,09920.492.21$2,424
Jan 199701,20623.483.54$4,269
Dec 199601,15723.32$0
Nov 199601,20521.97$0
Oct 199601,25123.31$0
Sep 199601,21322.22$0
Aug 199601,18920.26$0
Jul 199601,20519.55$0
Jun 199601,29518.73$0
May 199601,35219.43$0
Apr 199601,29521.51$0
Mar 199601,11219.38$0
Feb 1996099616.98$0
Jan 199601,24517.07$0
Dec 199501,13517.19$0
Nov 199501,27216.00$0
Oct 199501,34815.43$0
Sep 199501,10316.18$0
Aug 199501,12315.92$0
Jul 199501,33315.24$0
Jun 199501,03816.41$0
May 199501,23117.56$0
Apr 199501,05917.73$0
Mar 1995053016.44$0
Feb 199501,02516.58$0
Jan 199501,12815.92$0
Dec 199401,21415.03$0
Nov 199401,17415.90$0
Oct 199401,39215.58$0
Sep 199401,36315.29$0
Aug 199401,39716.13$0
Jul 199401,38417.56$0
Jun 199401,02917.09$0
May 199401,16915.88$0
Apr 199401,09414.14$0
Mar 199401,33012.46$0
Feb 199401,40712.50$0
Jan 199401,36312.66$0
Dec 1993986312.33$111
Nov 1993042414.49$0
Oct 1993127415.85$190
Sep 199305415.03$0
Aug 1993067515.66$0
Jul 1993070015.46$0
Jun 1993033216.79$0
May 1993050017.68$0
Apr 1993056518.05$0
Mar 1993057718.14$0
Feb 1993047017.90$0
Jan 1993026616.93$0

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.

Jun 2015 — as filed, then multipliedworked
Condensate             3 bbl  × $ 56.15 =       $168
Gas                    3 Mcf  × $  2.88 =         $9

────────────────────────────────────────────────────
Month total                                     $177

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. 7B/G/136242 is the state's own key, not one this site invented.