WILLIAMS

Operated by PROBE EXPLORATION COMPANY (P-5 679299) in the PUTNAM, NORTH (DUFFER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 245078District 7BField 73511400CondensateGasSaveExport
Value, all time
$722 k
Oct 2007 – Apr 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
139
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 28 leases and 35 wells, and the rule below applies to all of them.

Discovered
1976-09-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1978-10-16.

The Commission's schedule remark for this field reads: ONE WELL FIELD EFF 03/01/09 - ELK.

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
CondensateDisposition662 bbl$48,080
GasProduction155,722 Mcf$674,064
Total$722,144

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 32.3853, -99.2267. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38527, -99.22667 · 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
4,150 ft
1 wells filed one
Completion to plug
11.5 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 4,150 ft.

Completions filed
Oct 2007
1 of 1 wells
Plug dates filed
Apr 2019
1 of 1 wells

Last completion to plug: a median of 11.5 years across the 1 well that filed both dates, with the middle half between 11.5 years and 11.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0593673014,150 ftOct 2007Apr 2019Yes

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 (139)

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

139 months

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 20161657641.622.92$7,090
Jun 201602145.352.69$56
May 201602842.521.99$56
Apr 2016031436.561.99$625
Mar 2016010633.011.79$190
Feb 20160026.472.06$0
Jan 20160627.352.36$14
Dec 2015020532.362.00$410
Nov 2015054538.792.17$1,181
Oct 2015027443.552.43$665
Sep 2015027442.992.76$756
Aug 201506740.162.87$192
Jul 2015057448.152.95$1,690
Jun 2015052056.152.88$1,499
May 2015034355.212.96$1,014
Apr 2015077449.822.71$2,095
Mar 2015064242.892.93$1,884
Feb 2015064844.662.98$1,929
Jan 2015089343.433.10$2,769
Dec 201410544354.693.59$7,333
Nov 2014052070.464.25$2,211
Oct 2014072778.303.90$2,836
Sep 2014077686.164.05$3,139
Aug 2014075489.394.04$3,042
Jul 2014096296.564.18$4,021
Jun 201401,03998.164.74$4,922
May 201401,15794.734.73$5,469
Apr 201401,02195.944.81$4,910
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 201301591.824.35$65
Nov 20130688.853.74$22
Oct 201307497.423.78$280
Sep 20130265104.113.72$985
Aug 20130336104.253.52$1,184
Jul 20130359102.523.72$1,335
Jun 2013045494.403.93$1,786
May 201316747294.834.15$17,795
Apr 2013026093.964.28$1,113
Mar 2013063293.623.91$2,473
Feb 2013055491.233.42$1,895
Jan 2013057491.603.42$1,963
Dec 2012062386.773.42$2,131
Nov 2012057686.953.62$2,088
Oct 2012014489.383.40$490
Sep 2012764194.672.92$7,315
Aug 2012010092.662.91$291
Jul 2012044185.133.02$1,332
Jun 2012049879.822.52$1,254
May 2012077191.612.49$1,918
Apr 20120785101.652.00$1,567
Mar 20120893105.052.22$1,984
Feb 20120863101.102.57$2,218
Jan 2012083198.092.73$2,272
Dec 2011048296.873.24$1,562
Nov 2011099195.723.31$3,281
Oct 201101,06484.983.65$3,882
Sep 201101,04583.623.99$4,165
Aug 2011090283.404.15$3,743
Jul 201101,40394.144.52$6,338
Jun 201101,26292.904.64$5,856
May 201101,46398.134.40$6,444
Apr 201101,587105.964.33$6,877
Mar 2011721,58796.364.06$13,377
Feb 201101,01185.644.18$4,226
Jan 201102,36786.504.59$10,862
Dec 201002,15085.734.35$9,348
Nov 2010035380.843.80$1,340
Oct 201005,19578.103.51$18,229
Sep 201009872.633.98$390
Aug 201001,22973.684.42$5,431
Jul 201001,52472.554.74$7,218
Jun 201001,77370.364.91$8,706
May 201001,92871.124.24$8,166
Apr 201002,33081.694.12$9,606
Mar 201002,99078.394.39$13,122
Feb 201002,94573.585.44$16,028
Jan 201005,13074.365.96$30,596
Dec 2009775,10971.445.48$33,517
Nov 200904,86374.593.75$18,244
Oct 200904,33272.544.11$17,806
Sep 200906,16665.543.06$18,897
Aug 200907,03567.423.22$22,642
Jul 200906,92461.133.46$23,988
Jun 200904,09766.163.90$15,958
May 200905,43554.743.93$21,336
Apr 200903,56746.773.59$12,797
Mar 200907,68142.144.06$31,177
Feb 200907,92932.814.63$36,735
Jan 200909,57735.865.37$51,438
Dec 200809,24837.105.98$55,277
Nov 200806,67455.496.86$45,786
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 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$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.

Jul 2016 — as filed, then multipliedworked
Condensate           165 bbl  × $ 41.62 =     $6,867
Gas                   76 Mcf  × $  2.92 =       $222

────────────────────────────────────────────────────
Month total                                   $7,090

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/245078 is the state's own key, not one this site invented.