WALTERS

Name: WALTERS lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by RAYLEE OPERATING COMPANY (P-5 695579) in the MEEKER (CONGLOMERATE 4400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 77606District 7BField 60255410CondensateGasSave Export

Value, all time

$86 k

Jan 1993 – Mar 2006

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

159

no gaps in the span

Streams

condensate, gas

The MEEKER (CONGLOMERATE 4400) 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 55 leases and 56 wells, and the rule below applies to all of them.

Discovered

1974-02-12

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 160 acres.

The Commission's schedule remark for this field reads: “OPT 160 AC W/4500 DIAG”

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	534 bbl	$8,946
Gas	Production	64,691 Mcf	$76,992
Total			$85,937

49,015 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 32.9734, -98.0869. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.97344, -98.08687 · 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

5,000 ft

1 wells filed one

Completion to plug

27.8 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 5,000 ft.

Completions filed

Jun 1978

1 of 1 wells

Plug dates filed

Mar 2006

1 of 1 wells

Last completion to plug: a median of 27.8 years across the 1 well that filed both dates, with the middle half between 27.8 years and 27.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36330620	1	5,000 ft	Jun 1978	Mar 2006	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 (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


Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	369	45.22	6.65	$2,454
Apr 2005	0	398	49.20	7.36	$2,929
Mar 2005	0	453	50.37	7.15	$3,241
Feb 2005	0	416	45.22	6.31	$2,626
Jan 2005	0	342	43.16	6.32	$2,162
Dec 2004	0	401	39.86	6.75	$2,707
Nov 2004	0	346	45.28	6.33	$2,190
Oct 2004	0	419	49.70	6.52	$2,730
Sep 2004	0	470	43.24	5.28	$2,483
Aug 2004	0	563	42.37	5.55	$3,125
Jul 2004	0	471	38.28	6.08	$2,866
Jun 2004	0	546	36.10	6.43	$3,512
May 2004	0	460	37.48	6.49	$2,988
Apr 2004	0	464	34.47	5.86	$2,718
Mar 2004	0	289	34.36	5.53	$1,598
Feb 2004	0	370	32.45	5.51	$2,039
Jan 2004	0	517	32.03	6.30	$3,257
Dec 2003	0	407	30.26	6.30	$2,565
Nov 2003	0	457	28.80	4.60	$2,100
Oct 2003	0	473	28.17	4.76	$2,251
Sep 2003	0	537	26.31	4.75	$2,550
Aug 2003	0	477	29.76	5.13	$2,447
Jul 2003	0	640	29.41	5.17	$3,309
Jun 2003	0	49	28.56	5.98	$293
May 2003	25	57	26.59	5.97	$1,005
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	73	25.96	3.16	$231
Jul 2002	0	79	24.58	3.06	$242
Jun 2002	0	52	23.73	3.34	$174
May 2002	0	52	24.66	3.58	$186
Apr 2002	0	128	23.65	3.51	$450
Mar 2002	0	137	22.00	3.10	$425
Feb 2002	0	51	18.22	2.38	$121
Jan 2002	0	101	17.17	2.38	$240
Dec 2001	0	76	16.93	2.36	$180
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	95	19.78	2.53	$240
Sep 2001	0	6	24.26	2.25	$14
Aug 2001	0	5	24.87	3.05	$15
Jul 2001	0	15	23.93	3.20	$48
Jun 2001	0	82	24.56	3.82	$314
May 2001	0	100	25.52	4.31	$431
Apr 2001	0	98	24.68	5.34	$523
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	107	27.47	8.40	$899
Dec 2000	0	91	26.88	9.12	$830
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	4	31.87	5.19	$21
Aug 2000	0	56	29.64	4.54	$254
Jul 2000	0	48	28.53	4.09	$196
Jun 2000	0	58	29.30	4.40	$255
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	80	28.42	2.86	$229
Feb 2000	0	157	27.62	2.73	$428
Jan 2000	0	45	25.27	2.48	$112
Dec 1999	0	206	24.28	2.42	$499
Nov 1999	0	118	23.19	2.43	$287
Oct 1999	0	148	20.98	2.80	$415
Sep 1999	0	11	21.75	2.62	$29
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	13	15.94	2.36	$31
May 1999	0	53	15.79	2.32	$123
Apr 1999	0	8	15.10	2.21	$18
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	105	9.98	1.82	$191
Jan 1999	0	7	10.38	1.90	$13
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	48	12.42	1.97	$95
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	24	11.30	1.91	$46
Jul 1998	0	24	11.74	2.24	$54
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	11	13.95	2.30	$25
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	10	17.86	2.55	$26
Jul 1997	0	33	17.58	2.25	$74
Jun 1997	0	11	17.24	2.26	$25
May 1997	101	9	18.97	2.31	$1,937
Apr 1997	0	82	17.88	2.08	$171
Mar 1997	0	1,094	18.95	1.94	$2,121
Feb 1997	0	770	20.49	2.21	$1,699
Jan 1997	0	704	23.48	3.54	$2,492
Dec 1996	0	743	23.32	—	$0
Nov 1996	0	835	21.97	—	$0
Oct 1996	0	1,090	23.31	—	$0
Sep 1996	0	1,132	22.22	—	$0
Aug 1996	0	888	20.26	—	$0
Jul 1996	0	843	19.55	—	$0
Jun 1996	0	904	18.73	—	$0
May 1996	0	920	19.43	—	$0
Apr 1996	0	915	21.51	—	$0
Mar 1996	0	1,100	19.38	—	$0
Feb 1996	0	707	16.98	—	$0
Jan 1996	0	987	17.07	—	$0
Dec 1995	0	1,027	17.19	—	$0
Nov 1995	0	1,046	16.00	—	$0
Oct 1995	0	1,021	15.43	—	$0
Sep 1995	0	954	16.18	—	$0
Aug 1995	0	1,182	15.92	—	$0
Jul 1995	0	819	15.24	—	$0
Jun 1995	0	982	16.41	—	$0
May 1995	0	1,065	17.56	—	$0
Apr 1995	0	1,019	17.73	—	$0
Mar 1995	0	1,080	16.44	—	$0
Feb 1995	137	949	16.58	—	$2,271
Jan 1995	0	1,119	15.92	—	$0
Dec 1994	0	1,093	15.03	—	$0
Nov 1994	0	497	15.90	—	$0
Oct 1994	0	941	15.58	—	$0
Sep 1994	0	896	15.29	—	$0
Aug 1994	0	1,100	16.13	—	$0
Jul 1994	0	1,125	17.56	—	$0
Jun 1994	0	745	17.09	—	$0
May 1994	0	910	15.88	—	$0
Apr 1994	0	1,296	14.14	—	$0
Mar 1994	0	1,054	12.46	—	$0
Feb 1994	109	871	12.50	—	$1,363
Jan 1994	0	1,126	12.66	—	$0
Dec 1993	0	1,017	12.33	—	$0
Nov 1993	0	1,100	14.49	—	$0
Oct 1993	0	894	15.85	—	$0
Sep 1993	0	1,131	15.03	—	$0
Aug 1993	0	1,148	15.66	—	$0
Jul 1993	0	1,401	15.46	—	$0
Jun 1993	84	1,307	16.79	—	$1,410
May 1993	0	1,479	17.68	—	$0
Apr 1993	0	1,170	18.05	—	$0
Mar 1993	0	1,466	18.14	—	$0
Feb 1993	0	552	17.90	—	$0
Jan 1993	78	1,369	16.93	—	$1,321

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 2005 — as filed, then multipliedworked

Condensate             0 bbl  × $ 45.22 =         $0
Gas                  369 Mcf  × $  6.65 =     $2,454

────────────────────────────────────────────────────
Month total                                   $2,454

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/77606 is the state's own key, not one this site invented.