WELCH

Operated by L.C.S. PRODUCTION COMPANY (P-5 479574) in the KEELER-WIMBERLY (CANYON SD.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32599District 7BField 48422500OilCasinghead gasSave
Value, all time
$5.1 M
Sep 2021 – May 2026
Value, last 12 filed months
$892 k
at the published price for each month
Months reported
57
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition63,472 bbl$4,890,833
Casinghead gasProduction43,348 Mcf$162,098
Total$5,052,931

Wells on this lease (12)

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 32.6004, -100.1798. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles.

32.59990, -100.18207 · 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
0.0%
0 of 12 wells
With a plug date
8.3%
1 of 12 wells
Median depth
5,243 ft
12 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
18.3%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1191.7%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 12 of 12 wells. Median 5,243 ft, with the middle half between 4,948 and 5,514 ft; the shallowest is 4,470 ft and the deepest 5,759 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

20s

Last completion by decade, 12 of 12 wells, Sep 2021 – Nov 2024. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 2021 – Nov 2024
12 of 12 wells
Plug dates filed
Jun 1969
1 of 12 wells; 11 filed none

12 wells

42-1513337185,425 ftNov 2024
42-15133352194,550 ftMay 2024
42-1513315455,060 ftDec 2023
42-15133329115,491 ftOct 2023
42-151014505WS4,925 ftSep 2023Jun 1969
42-15133277135,490 ftJan 2023
42-1513327264,470 ftAug 2022
42-15133273155,581 ftAug 2022
42-1513314835,055 ftAug 2022
42-15133161104,956 ftJul 2022
42-1513314315,647 ftJun 2022
42-1513314925,759 ftSep 2021

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 (57)

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

57 months

May 20261,247316106.413.05$133,656
Apr 20261,10230698.932.87$109,899
Mar 20261,42128889.753.15$128,442
Feb 20261,110063.503.75$70,485
Jan 202695529259.138.00$58,805
Dec 202593424356.664.41$53,993
Nov 202595423958.593.93$56,833
Oct 20259326259.383.30$55,547
Sep 2025941062.743.08$59,038
Aug 2025810063.933.01$51,783
Jul 20251,087066.743.32$72,546
Jun 2025614066.483.13$40,819
May 202560619660.553.23$37,327
Apr 202593839062.363.54$59,876
Mar 20251,09541667.704.27$75,907
Feb 20251,00435770.884.34$72,713
Jan 20251,4287574.324.28$106,450
Dec 2024965068.993.12$66,575
Nov 202491221169.052.20$63,437
Oct 20241,05550471.372.28$76,445
Sep 202491252369.612.36$64,721
Aug 20241,39171075.632.06$106,667
Jul 20241,39864979.932.15$113,135
Jun 20241,08097278.082.63$86,887
May 20241,45882678.812.20$116,721
Apr 20241,8151,27684.451.66$155,394
Mar 20241,85160980.301.55$149,576
Feb 20241,5611,07276.091.78$120,689
Jan 20241,68762873.023.30$125,256
Dec 20232,0321,40471.262.61$148,466
Nov 20232,65943877.892.81$208,339
Oct 20232,44820385.443.09$209,784
Sep 20231,7621,75089.042.74$161,675
Aug 20231,8551,86580.522.67$154,350
Jul 20231,4401,80874.852.64$112,560
Jun 20231,3441,71468.962.26$96,553
May 20231,0631,74270.622.23$78,949
Apr 20231,2451,72478.122.24$101,117
Mar 20231,3701,91572.852.39$104,387
Feb 20231,5832,70275.112.47$125,561
Jan 20231,6602,53476.533.39$135,624
Dec 20221,3841,57376.415.73$114,763
Nov 20221,6002,24985.005.65$148,698
Oct 20221,7662,90087.185.86$170,965
Sep 20221,4712,38684.888.16$144,337
Aug 202254046494.529.13$55,276
Jul 2022658556101.587.54$71,033
Jun 2022207248115.097.98$25,802
May 2022122172109.378.43$14,794
Apr 2022255663104.226.84$31,109
Mar 2022244658108.885.08$29,907
Feb 202224444391.054.86$24,369
Jan 20220081.844.54$0
Dec 2021281071.323.90$20,041
Nov 2021251077.435.24$19,435
Oct 20214374079.795.71$35,097
Sep 20212883769.865.35$20,318

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 2026 — as filed, then multipliedworked
Oil                1,247 bbl  × $106.41 =   $132,693
Casinghead gas       316 Mcf  × $  3.05 =       $962

────────────────────────────────────────────────────
Month total                                 $133,656

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/32599 is the state's own key, not one this site invented.