WILLIAMS MINERAL TRUST "1"

Operated by VAN OPERATING, LTD. (P-5 881442) in the HERR-KING (CROSS CUT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27031District 7BField 40730333OilCasinghead gasSaveExport
Value, all time
$537 k
Oct 1993 – Jun 2011
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
213
no gaps in the span
Streams
2
oil, casinghead 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 3 leases and 40 wells, and the rule below applies to all of them.

Discovered
1954-01-25
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres.

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
OilDisposition23,493 bbl$537,499
Casinghead gasProduction12 Mcf$0
Total$537,499

12 Mcf of this lease's gas, across 12 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 (2)

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 32.4701, -99.3262. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.47006, -99.32619 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
2,764 ft
2 wells filed one
Completion to plug
16.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 2,762 and 2,765 ft, median 2,764 ft, over the 2 wells that filed a depth.

Completions filed
Oct 1993 – Dec 1994
2 of 2 wells
Plug dates filed
Mar 2011
2 of 2 wells

Last completion to plug: a median of 16.8 years across the 2 wells that filed both dates, with the middle half between 16.6 years and 17.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0593636822,762 ftDec 1994Mar 2011Yes
42-0593632112,765 ftOct 1993Mar 2011Yes

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 (213)

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

213 months

Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 201140096.364.06$3,854
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 2010174073.684.42$12,820
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
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 20081640110.3110.45$18,091
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
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007173059.617.81$10,313
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006178066.286.38$11,798
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006179056.707.08$10,149
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005169058.3413.80$9,859
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 2005179052.337.38$9,367
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005176050.377.15$8,865
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 2004179039.866.75$7,135
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 2004168042.375.55$7,118
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 2004170037.486.49$6,372
Apr 20040034.475.86$0
Mar 2004175034.365.53$6,013
Feb 20040032.455.51$0
Jan 2004173032.036.30$5,541
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 2003175028.174.76$4,930
Sep 2003172026.314.75$4,525
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 2003174028.565.98$4,969
May 20030026.595.97$0
Apr 2003174026.675.41$4,641
Mar 2003177031.146.10$5,512
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 2002178026.914.85$4,790
Nov 2002172024.664.14$4,242
Oct 20020026.464.23$0
Sep 2002176027.443.64$4,829
Aug 20020025.963.16$0
Jul 2002172024.583.06$4,228
Jun 20020023.733.34$0
May 2002178024.663.58$4,389
Apr 2002175023.653.51$4,139
Mar 20020022.003.10$0
Feb 2002174018.222.38$3,170
Jan 20020017.172.38$0
Dec 2001176016.932.36$2,980
Nov 20010018.072.41$0
Oct 2001174019.782.53$3,442
Sep 2001174024.262.25$4,221
Aug 20010024.873.05$0
Jul 2001176023.933.20$4,212
Jun 2001180024.563.82$4,421
May 2001168025.524.31$4,287
Apr 2001167024.685.34$4,122
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 2001361027.478.40$9,917
Dec 2000181026.889.12$4,865
Nov 2000180032.215.66$5,798
Oct 2000333031.235.15$10,400
Sep 2000337031.875.19$10,740
Aug 2000338029.644.54$10,018
Jul 2000176028.534.09$5,021
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000166024.513.12$4,069
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000176025.272.48$4,448
Dec 19990024.282.42$0
Nov 1999172023.192.43$3,989
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 1999169019.262.88$3,255
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199916709.981.82$1,667
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 1998171012.421.97$2,124
Sep 1998170012.592.08$2,140
Aug 1998169011.301.91$1,910
Jul 19980011.742.24$0
Jun 1998165011.242.24$1,855
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998168012.802.31$2,150
Feb 1998167013.952.30$2,330
Jan 1998167014.702.15$2,455
Dec 19970016.322.41$0
Nov 1997168018.193.09$3,056
Oct 1997168019.253.15$3,234
Sep 1997174017.742.95$3,087
Aug 1997179017.862.55$3,197
Jul 1997345017.582.25$6,065
Jun 19970017.242.26$0
May 1997171018.972.31$3,244
Apr 1997169017.882.08$3,022
Mar 1997346018.951.94$6,557
Feb 19970020.492.21$0
Jan 1997176023.483.54$4,132
Dec 1996346023.32$8,069
Nov 19960021.97$0
Oct 1996347023.31$8,089
Sep 1996352022.22$7,821
Aug 1996167020.26$3,383
Jul 1996177019.55$3,460
Jun 1996349018.73$6,537
May 1996339019.43$6,587
Apr 1996173021.51$3,721
Mar 1996349019.38$6,764
Feb 1996172016.98$2,921
Jan 1996183017.07$3,124
Dec 1995184017.19$3,163
Nov 1995361016.00$5,776
Oct 1995356015.43$5,493
Sep 1995176016.18$2,848
Aug 1995181015.92$2,882
Jul 1995530015.24$8,077
Jun 1995353016.41$5,793
May 1995529017.56$9,289
Apr 1995541017.73$9,592
Mar 1995721016.44$11,853
Feb 1995543016.58$9,003
Jan 1995899015.92$14,312
Dec 19941,428015.03$21,463
Nov 19940015.90$0
Oct 1994180015.58$2,804
Sep 1994176115.29$2,691
Aug 1994173116.13$2,790
Jul 1994178117.56$3,126
Jun 1994176117.09$3,008
May 1994179115.88$2,843
Apr 1994175114.14$2,475
Mar 1994174112.46$2,168
Feb 1994171112.50$2,138
Jan 1994353112.66$4,469
Dec 1993181112.33$2,232
Nov 1993183114.49$2,652
Oct 19930115.85$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.

Mar 2011 — as filed, then multipliedworked
Oil                   40 bbl  × $ 96.36 =     $3,854
Casinghead gas         0 Mcf  × $  4.06 =         $0

────────────────────────────────────────────────────
Month total                                   $3,854

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/O/27031 is the state's own key, not one this site invented.