WELDON, J. K.

Operated by R W OPERATING (P-5 687140) in the WELDON (CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3162District 7BField 96124500OilCasinghead gasSaveExport
Value, all time
$791 k
Jan 1993 – Sep 2012
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
237
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 11 leases and 14 wells, and the rule below applies to all of them.

Discovered
1955-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition2,839 bbl$73,366
Casinghead gasProduction217,041 Mcf$717,832
Total$791,199

65,849 Mcf of this lease's gas, across 47 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 32.8955, -98.4289. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.89553, -98.42893 · 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
0.0%
0 of 2 wells
Median depth
no depth filed
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
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.
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.

2 wells

42-363001891Yes
42-363009442Yes

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 (237)

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

237 months

Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201240085.133.02$3,405
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 201135096.873.24$3,390
Nov 20110095.723.31$0
Oct 20110084.983.65$0
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 201100105.964.33$0
Mar 20110096.364.06$0
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 20100073.684.42$0
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 200939072.544.11$2,829
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 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
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 200739062.007.55$2,418
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 200701,24956.927.30$9,120
Feb 200701,08355.108.22$8,898
Jan 200701,00850.306.73$6,781
Dec 200601,24656.656.92$8,620
Nov 200601,26354.207.62$9,621
Oct 200601,00454.906.01$6,038
Sep 200601,25160.085.04$6,302
Aug 200601,30568.717.34$9,579
Jul 200601,34369.376.34$8,518
Jun 200601,28966.286.38$8,229
May 200601,32666.016.42$8,520
Apr 200601,29364.397.36$9,517
Mar 200601,35456.707.08$9,590
Feb 200601,18457.597.75$9,177
Jan 200601,35560.598.93$12,105
Dec 200501,21554.9413.42$16,300
Nov 200501,23354.6910.59$13,056
Oct 200501,30258.3413.80$17,962
Sep 20051291,28561.4512.08$23,449
Aug 200501,36161.519.80$13,334
Jul 200501,37055.697.84$10,746
Jun 200501,35752.337.38$10,016
May 200501,41745.226.65$9,425
Apr 200501,38749.207.36$10,209
Mar 200501,31650.377.15$9,416
Feb 200501,30445.226.31$8,231
Jan 200501,38943.166.32$8,782
Dec 20040039.866.75$0
Nov 200401,34445.286.33$8,508
Oct 200401,42049.706.52$9,251
Sep 200401,35643.245.28$7,165
Aug 200401,43742.375.55$7,976
Jul 20041331,43938.286.08$13,846
Jun 200401,39336.106.43$8,961
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 200401,23632.455.51$6,810
Jan 200401,33232.036.30$8,391
Dec 200301,30130.266.30$8,198
Nov 200301,29028.804.60$5,928
Oct 200301,37328.174.76$6,535
Sep 200301,33426.314.75$6,336
Aug 200301,41229.765.13$7,243
Jul 200301,45729.415.17$7,534
Jun 20031461,35528.565.98$12,277
May 200301,38626.595.97$8,278
Apr 200301,33226.675.41$7,203
Mar 200301,42831.146.10$8,705
Feb 200301,20933.487.93$9,582
Jan 200301,32430.315.58$7,391
Dec 200201,38226.914.85$6,708
Nov 200201,42224.664.14$5,883
Oct 20021401,38026.464.23$9,541
Sep 200201,21927.443.64$4,431
Aug 200201,41225.963.16$4,468
Jul 200201,37824.583.06$4,219
Jun 200201,33423.733.34$4,453
May 200201,33324.663.58$4,777
Apr 200201,39123.653.51$4,886
Mar 200201,35022.003.10$4,189
Feb 200201,27018.222.38$3,017
Jan 200201,37117.172.38$3,257
Dec 200101,35916.932.36$3,213
Nov 200101,34118.072.41$3,226
Oct 200101,31619.782.53$3,328
Sep 2001971,29824.262.25$5,275
Aug 200101,30124.873.05$3,972
Jul 200101,35723.933.20$4,338
Jun 200101,37024.563.82$5,239
May 200101,27525.524.31$5,492
Apr 20011241,33524.685.34$10,183
Mar 200101,36424.545.38$7,333
Feb 200101,21627.755.77$7,013
Jan 200101,17127.478.40$9,835
Dec 200001,22726.889.12$11,193
Nov 200001,06132.215.66$6,003
Oct 200001,38231.235.15$7,111
Sep 200001,37131.875.19$7,111
Aug 200001,54429.644.54$7,011
Jul 200001,17428.534.09$4,801
Jun 200001,18429.304.40$5,206
May 200001,22927.263.68$4,522
Apr 200001,18824.513.12$3,702
Mar 200001,31728.422.86$3,766
Feb 200001,20827.622.73$3,294
Jan 2000881,38625.272.48$5,662
Dec 199901,12324.282.42$2,722
Nov 199901,28623.192.43$3,130
Oct 19991721,37220.982.80$7,455
Sep 199901,34421.752.62$3,520
Aug 199901,44519.262.88$4,155
Jul 199901,41017.892.37$3,345
Jun 199901,23215.942.36$2,910
May 199901,31715.792.32$3,057
Apr 19991411,45215.102.21$5,335
Mar 19990012.471.84$0
Feb 199901,3329.981.82$2,421
Jan 199901,14910.381.90$2,183
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 199801,27412.421.97$2,509
Sep 199801,11412.592.08$2,320
Aug 199801,20911.301.91$2,306
Jul 199801,35411.742.24$3,029
Jun 199801,38611.242.24$3,101
May 199801,45812.622.21$3,217
Apr 199801,40313.042.51$3,515
Mar 199801,29512.802.31$2,991
Feb 199801,14013.952.30$2,621
Jan 199801,18914.702.15$2,562
Dec 199701,16916.322.41$2,819
Nov 199701,08718.193.09$3,357
Oct 199701,20019.253.15$3,780
Sep 199701,33717.742.95$3,951
Aug 199701,17417.862.55$2,999
Jul 199701,38817.582.25$3,119
Jun 19971661,34117.242.26$5,889
May 199701,30018.972.31$3,001
Apr 199701,30017.882.08$2,708
Mar 199701,31618.951.94$2,552
Feb 199701,15720.492.21$2,552
Jan 199701,27623.483.54$4,517
Dec 19961551,22523.32$3,615
Nov 199601,20421.97$0
Oct 199601,56423.31$0
Sep 199601,36422.22$0
Aug 199601,48820.26$0
Jul 199601,54719.55$0
Jun 19960018.73$0
May 199601,52719.43$0
Apr 19961251,48721.51$2,689
Mar 199601,54819.38$0
Feb 199601,31316.98$0
Jan 199601,30517.07$0
Dec 19951541,01117.19$2,647
Nov 199501,08716.00$0
Oct 199501,31615.43$0
Sep 199501,29316.18$0
Aug 199501,41515.92$0
Jul 199501,54615.24$0
Jun 199501,35116.41$0
May 199501,34617.56$0
Apr 199501,11017.73$0
Mar 199501,68616.44$0
Feb 19951161,22916.58$1,923
Jan 199501,24415.92$0
Dec 19941541,35915.03$2,315
Nov 199401,23715.90$0
Oct 199401,21315.58$0
Sep 199401,45615.29$0
Aug 199401,56316.13$0
Jul 199401,51317.56$0
Jun 19941761,49017.09$3,008
May 199401,57915.88$0
Apr 199401,45714.14$0
Mar 199401,59512.46$0
Feb 199401,38312.50$0
Jan 199401,59512.66$0
Dec 199301,58012.33$0
Nov 199301,33614.49$0
Oct 199301,43315.85$0
Sep 19931321,50815.03$1,984
Aug 199301,62815.66$0
Jul 199301,59815.46$0
Jun 199301,50016.79$0
May 19931651,56917.68$2,917
Apr 199301,58418.05$0
Mar 199301,02818.14$0
Feb 19931731,09817.90$3,097
Jan 199301,34116.93$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.

Jul 2012 — as filed, then multipliedworked
Oil                   40 bbl  × $ 85.13 =     $3,405
Casinghead gas         0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                   $3,405

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/3162 is the state's own key, not one this site invented.