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WELCH TRUST 8-7-E

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20376District 7CField 85279200OilCasinghead gasSave
Value, all time
$65.0 M
Mar 2019 – May 2026
Value, last 12 filed months
$4.7 M
at the published price for each month
Months reported
87
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
OilDisposition854,781 bbl$51,833,398
Casinghead gasProduction3,887,210 Mcf$13,166,956
Total$65,000,353

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 31.4798, -101.7823. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47979, -101.78227 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
8,784 ft
2 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
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
2100.0%

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 8,662 and 8,906 ft, median 8,784 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2019
2 of 2 wells

2 wells

42-383403574309H8,906 ftMar 2019——
42-383403584209H8,662 ftMar 2019——

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 (87)

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

87 months

May 20263,14752,246106.413.05$494,005
Apr 20264,06561,47698.932.87$578,569
Mar 20264,12154,86789.753.15$542,660
Feb 20261,95010,23163.503.75$162,195
Jan 20262,56936,91659.138.00$447,156
Dec 20253,70849,48556.664.41$428,490
Nov 20252,11145,29158.593.93$301,516
Oct 20251,55727,86759.383.30$184,551
Sep 20252,73353,15062.743.08$335,007
Aug 20253,38264,79663.933.01$411,556
Jul 20253,02351,01266.743.32$370,870
Jun 20253,75165,14566.483.13$453,187
May 20253,22647,32860.553.23$348,314
Apr 20253,53843,31362.363.54$374,093
Mar 20253,80244,10567.704.27$445,650
Feb 20253,33040,83870.884.34$413,302
Jan 20253,94141,78774.324.28$471,688
Dec 20243,79143,85968.993.12$398,441
Nov 20243,71944,00369.052.20$353,535
Oct 20243,78143,71171.372.28$369,572
Sep 20243,88940,66069.612.36$366,848
Aug 20243,54038,72175.632.06$347,636
Jul 20244,40242,43579.932.15$442,942
Jun 20244,46840,40878.082.63$455,295
May 20244,81539,17978.812.20$465,603
Apr 20245,17732,23884.451.66$490,687
Mar 20243,34317,90080.301.55$296,101
Feb 20244,34813,07876.091.78$354,166
Jan 20244,76723,56273.023.30$425,786
Dec 20235,11433,92471.262.61$452,990
Nov 20234,99534,27477.892.81$485,287
Oct 20235,10838,73085.443.09$555,998
Sep 20234,84137,37589.042.74$533,265
Aug 20235,44936,62980.522.67$536,658
Jul 20236,17532,68774.852.64$548,551
Jun 20236,13926,16468.962.26$482,436
May 20237,10624,79270.622.23$557,047
Apr 20237,15220,30678.122.24$604,154
Mar 20237,51817,07372.852.39$588,545
Feb 20236,60710,68775.112.47$522,602
Jan 20236,98612,25676.533.39$576,158
Dec 20226,08510,08876.415.73$522,750
Nov 20223,4004,78285.005.65$316,000
Oct 202224532087.185.86$23,236
Sep 20225,97947,86384.888.16$898,236
Aug 20226,83243,51594.529.13$1,042,929
Jul 20226,51441,417101.587.54$974,062
Jun 20226,20439,650115.097.98$1,030,314
May 20226,58740,341109.378.43$1,060,617
Apr 20227,66843,327104.226.84$1,095,412
Mar 20224,62443,510108.885.08$724,335
Feb 20225,93956,26991.054.86$814,148
Jan 20228,42775,58981.844.54$1,032,664
Dec 20219,15168,76871.323.90$920,784
Nov 20216,87538,33677.435.24$733,091
Oct 20219,11966,86179.795.71$1,109,640
Sep 20218,79453,92669.865.35$902,903
Aug 20219,24252,60666.024.22$832,185
Jul 202110,41545,22570.783.98$917,263
Jun 202110,01945,94569.493.38$851,543
May 202110,69039,18363.483.02$796,843
Apr 202111,28743,98660.362.76$802,615
Mar 202110,78630,16261.302.72$743,130
Feb 20215,74636,80757.805.55$536,322
Jan 202111,34664,06450.412.81$751,989
Dec 202011,76563,78044.642.68$695,830
Nov 202012,62265,66238.772.71$667,074
Oct 202012,15165,02236.972.48$610,375
Sep 202013,06768,31737.091.99$620,677
Aug 202013,93475,15739.982.39$736,338
Jul 202014,95878,64338.371.83$717,471
Jun 202015,71964,10534.901.69$656,950
May 202014,11938,10816.921.81$308,050
Apr 202015,82166,24714.751.80$352,895
Mar 202018,05782,52030.341.86$701,025
Feb 202018,28948,80949.881.98$1,008,930
Jan 202020,02449,55057.252.09$1,250,168
Dec 201920,26865,71959.012.30$1,347,455
Nov 201921,76969,79855.302.75$1,395,819
Oct 201924,60370,59153.472.42$1,486,250
Sep 201926,08959,45455.052.66$1,594,185
Aug 201928,97260,66353.112.30$1,678,492
Jul 201932,98252,38356.272.46$1,984,762
Jun 201936,89949,37652.782.49$2,070,535
May 201942,48545,35758.482.74$2,608,815
Apr 201945,77648,12662.632.75$2,999,331
Mar 201935,25432,77956.803.06$2,102,800

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                3,147 bbl  × $106.41 =   $334,872
Casinghead gas    52,246 Mcf  × $  3.05 =   $159,133

────────────────────────────────────────────────────
Month total                                 $494,005

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. 7C/O/20376 is the state's own key, not one this site invented.