WELCH

Operated by PIMA ENERGY, LLC (P-5 665602) in the JAMESON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7431District 7CField 45580001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$67 k
at the published price for each month
Months reported
401
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 30 leases and 271 wells, and the rule below applies to all of them.

Discovered
1946-12-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1957-07-23.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PER DOCKET #7C-0206833 1/10/95

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
OilDisposition16,246 bbl$717,885
Casinghead gasProduction353,777 Mcf$1,290,641
Total$2,008,525

60,752 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.

Every month this lease reported (401)

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

401 months

May 20260699106.413.05$2,129
Apr 202625176598.932.87$27,027
Mar 2026095689.753.15$3,011
Feb 2026074663.503.75$2,798
Jan 202601,01659.138.00$8,126
Dec 2025083556.664.41$3,685
Nov 202501,34258.593.93$5,269
Oct 202501,04459.383.30$3,450
Sep 2025052962.743.08$1,628
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025155066.483.13$10,304
May 2025055660.553.23$1,797
Apr 2025195662.363.54$3,450
Mar 2025088167.704.27$3,760
Feb 2025092670.884.34$4,020
Jan 20251611,05274.324.28$16,467
Dec 2024094368.993.12$2,943
Nov 20241151,06769.052.20$10,286
Oct 2024059171.372.28$1,348
Sep 20249434669.612.36$7,361
Aug 2024052575.632.06$1,083
Jul 20246848379.932.15$6,472
Jun 2024050478.082.63$1,328
May 2024056078.812.20$1,231
Apr 2024061684.451.66$1,022
Mar 2024035880.301.55$553
Feb 202412479576.091.78$10,853
Jan 2024086673.023.30$2,856
Dec 2023095971.262.61$2,504
Nov 2023026877.892.81$752
Oct 202302585.443.09$77
Sep 202315658889.042.74$15,498
Aug 2023065580.522.67$1,751
Jul 202316661774.852.64$14,055
Jun 20235056368.962.26$4,720
May 2023058970.622.23$1,312
Apr 20235046378.122.24$4,942
Mar 2023061872.852.39$1,479
Feb 2023921,00075.112.47$9,376
Jan 2023088076.533.39$2,981
Dec 2022088576.415.73$5,070
Nov 2022077585.005.65$4,376
Oct 202216228087.185.86$15,765
Sep 2022021584.888.16$1,755
Aug 2022022994.529.13$2,090
Jul 20220229101.587.54$1,727
Jun 20220226115.097.98$1,803
May 20220119109.378.43$1,004
Apr 20220284104.226.84$1,942
Mar 20220337108.885.08$1,711
Feb 2022089791.054.86$4,358
Jan 202201,05981.844.54$4,805
Dec 2021054771.323.90$2,133
Nov 202116345577.435.24$15,004
Oct 2021027979.795.71$1,594
Sep 2021020169.865.35$1,076
Aug 2021019266.024.22$810
Jul 2021016870.783.98$669
Jun 2021015369.493.38$517
May 202109763.483.02$293
Apr 2021027660.362.76$761
Mar 2021037961.302.72$1,030
Feb 2021021257.805.55$1,176
Jan 202109750.412.81$273
Dec 2020016644.642.68$444
Nov 2020018638.772.71$503
Oct 2020021736.972.48$538
Sep 2020021237.091.99$422
Aug 2020023739.982.39$565
Jul 2020021438.371.83$391
Jun 2020021234.901.69$358
May 2020019416.921.81$352
Apr 2020028714.751.80$518
Mar 2020028830.341.86$535
Feb 2020033849.881.98$669
Jan 2020031357.252.09$656
Dec 2019046859.012.30$1,078
Nov 2019047755.302.75$1,312
Oct 2019049253.472.42$1,190
Sep 2019056455.052.66$1,499
Aug 2019057153.112.30$1,316
Jul 2019056956.272.46$1,400
Jun 2019057752.782.49$1,437
May 2019057158.482.74$1,565
Apr 2019056962.632.75$1,565
Mar 2019060756.803.06$1,859
Feb 2019050050.852.79$1,396
Jan 2019059346.033.23$1,914
Dec 2018050046.594.19$2,093
Nov 2018045952.934.24$1,945
Oct 2018050961.443.40$1,730
Sep 2018043459.543.11$1,349
Aug 2018042559.403.07$1,303
Jul 2018046765.142.93$1,369
Jun 2018043560.183.08$1,338
May 2018045065.382.90$1,305
Apr 2018043263.842.90$1,253
Mar 2018046261.222.79$1,288
Feb 2018081561.782.77$2,254
Jan 201817198262.874.01$14,688
Dec 201701,12057.272.92$3,272
Nov 2017055055.423.12$1,715
Oct 2017048249.292.98$1,438
Sep 2017042647.523.09$1,315
Aug 201717545245.373.00$9,298
Jul 2017045943.873.09$1,417
Jun 2017033942.493.09$1,047
May 2017057245.373.26$1,867
Apr 2017059447.933.21$1,908
Mar 2017068046.772.98$2,029
Feb 201701,02350.452.95$3,021
Jan 20179693249.413.42$7,930
Dec 2016059948.763.72$2,230
Nov 2016093342.492.64$2,467
Oct 2016059246.193.09$1,829
Sep 2016045841.553.10$1,420
Aug 2016045041.442.92$1,316
Jul 2016046641.622.92$1,363
Jun 2016060745.352.69$1,630
May 2016045242.521.99$900
Apr 20168960636.561.99$4,460
Mar 2016068333.011.79$1,225
Feb 2016072126.472.06$1,488
Jan 201601,01927.352.36$2,409
Dec 201517886632.362.00$7,493
Nov 2015086138.792.17$1,866
Oct 201517782043.552.43$9,698
Sep 2015073742.992.76$2,033
Aug 2015076840.162.87$2,206
Jul 2015077148.152.95$2,271
Jun 2015076056.152.88$2,191
May 2015078855.212.96$2,329
Apr 2015076449.822.71$2,068
Mar 2015099842.892.93$2,929
Feb 201501,22244.662.98$3,637
Jan 201501,53043.433.10$4,744
Dec 20141831,20054.693.59$14,318
Nov 201401,15170.464.25$4,894
Oct 2014079678.303.90$3,105
Sep 201417877286.164.05$18,460
Aug 2014080089.394.04$3,228
Jul 2014080296.564.18$3,352
Jun 2014077098.164.74$3,647
May 2014078694.734.73$3,715
Apr 2014077995.944.81$3,746
Mar 201417479895.895.06$20,720
Feb 2014071597.406.19$4,427
Jan 2014080390.404.86$3,903
Dec 2013079691.824.35$3,466
Nov 2013069188.853.74$2,583
Oct 2013083097.423.78$3,137
Sep 20130782104.113.72$2,907
Aug 20130808104.253.52$2,846
Jul 2013359810102.523.72$39,816
Jun 2013074194.403.93$2,915
May 2013079794.834.15$3,307
Apr 2013075893.964.28$3,246
Mar 2013089993.623.91$3,518
Feb 2013094091.233.42$3,215
Jan 201301,13191.603.42$3,868
Dec 201201,06086.773.42$3,625
Nov 2012083686.953.62$3,030
Oct 2012082489.383.40$2,801
Sep 2012078194.672.92$2,279
Aug 2012071192.662.91$2,068
Jul 2012084685.133.02$2,556
Jun 2012074479.822.52$1,874
May 2012082191.612.49$2,043
Apr 2012359808101.652.00$38,106
Mar 20120830105.052.22$1,844
Feb 2012181766101.102.57$20,268
Jan 2012081498.092.73$2,226
Dec 2011085096.873.24$2,754
Nov 2011079495.723.31$2,629
Oct 2011082984.983.65$3,025
Sep 2011080683.623.99$3,213
Aug 2011071683.404.15$2,971
Jul 2011077694.144.52$3,505
Jun 2011077092.904.64$3,573
May 2011076998.134.40$3,387
Apr 2011182726105.964.33$22,431
Mar 2011083496.364.06$3,384
Feb 2011082585.644.18$3,448
Jan 2011085786.504.59$3,933
Dec 2010087085.734.35$3,783
Nov 2010084780.843.80$3,215
Oct 201017788078.103.51$16,912
Sep 201016783772.633.98$15,460
Aug 2010082773.684.42$3,655
Jul 2010081172.554.74$3,841
Jun 201017774470.364.91$16,107
May 2010082571.124.24$3,494
Apr 2010079981.694.12$3,294
Mar 2010081278.394.39$3,564
Feb 2010080873.585.44$4,397
Jan 2010092174.365.96$5,493
Dec 2009087071.445.48$4,771
Nov 200917581174.593.75$16,096
Oct 2009082472.544.11$3,387
Sep 200917973665.543.06$13,987
Aug 200918075967.423.22$14,578
Jul 2009065461.133.46$2,266
Jun 2009067866.163.90$2,641
May 2009075354.743.93$2,956
Apr 2009072746.773.59$2,608
Mar 2009074342.144.06$3,016
Feb 2009068132.814.63$3,155
Jan 2009076835.865.37$4,125
Dec 2008077137.105.98$4,608
Nov 2008073955.496.86$5,070
Oct 2008075775.246.92$5,240
Sep 2008170717101.767.88$22,947
Aug 20080708114.228.48$6,006
Jul 20080662131.0811.39$7,540
Jun 20080346131.3313.03$4,509
May 20080703123.1711.57$8,137
Apr 20080787110.3110.45$8,228
Mar 2008183799101.909.66$26,369
Feb 2008084492.538.77$7,402
Jan 2008089190.388.21$7,311
Dec 2007088788.337.30$6,477
Nov 2007087091.677.29$6,344
Oct 2007090182.856.92$6,237
Sep 200717676775.846.24$18,137
Aug 2007084169.066.39$5,372
Jul 2007082170.906.39$5,245
Jun 2007087362.007.55$6,590
May 200717295358.747.85$17,581
Apr 2007085359.617.81$6,658
Mar 20071811,05456.927.30$17,999
Feb 200701,36355.108.22$11,198
Jan 200702,15050.306.73$14,463
Dec 20061781,65956.656.92$21,561
Nov 200601,01754.207.62$7,747
Oct 2006090454.906.01$5,436
Sep 2006075760.085.04$3,813
Aug 2006086868.717.34$6,371
Jul 2006089569.376.34$5,677
Jun 20066293266.286.38$10,059
May 2006096166.016.42$6,174
Apr 200601,00164.397.36$7,368
Mar 2006072556.707.08$5,135
Feb 200601,40057.597.75$10,852
Jan 200601,70060.598.93$15,187
Dec 200501,55154.9413.42$20,807
Nov 20052491,07054.6910.59$24,947
Oct 2005098858.3413.80$13,630
Sep 2005072761.4512.08$8,781
Aug 2005084261.519.80$8,249
Jul 2005083255.697.84$6,526
Jun 200532486452.337.38$23,332
May 2005097545.226.65$6,485
Apr 2005087549.207.36$6,440
Mar 2005086650.377.15$6,196
Feb 200511173245.226.31$9,640
Jan 2005098643.166.32$6,234
Dec 200401,01039.866.75$6,819
Nov 200415472145.286.33$11,537
Oct 200409,01549.706.52$58,734
Sep 200402,49243.245.28$13,167
Aug 200401,01642.375.55$5,639
Jul 200410197938.286.08$9,823
Jun 200401,00536.106.43$6,465
May 2004098937.486.49$6,423
Apr 2004088434.475.86$5,179
Mar 200401,11934.365.53$6,188
Feb 200432581632.455.51$15,042
Jan 200401,01932.036.30$6,419
Dec 200301,20330.266.30$7,581
Nov 200301,02828.804.60$4,724
Oct 2003099528.174.76$4,736
Sep 200336597426.314.75$14,229
Aug 2003093729.765.13$4,807
Jul 20031821,00029.415.17$10,523
Jun 200302,06028.565.98$12,325
May 200301,06726.595.97$6,373
Apr 200301,04026.675.41$5,624
Mar 200301,11031.146.10$6,767
Feb 200301,09233.487.93$8,655
Jan 20031781,24630.315.58$12,350
Dec 200201,12226.914.85$5,446
Nov 200201,04024.664.14$4,302
Oct 2002098926.464.23$4,183
Sep 2002098827.443.64$3,592
Aug 2002092425.963.16$2,924
Jul 20025201,00724.583.06$15,865
Jun 200201,05723.733.34$3,529
May 200201,05524.663.58$3,781
Apr 200271,12823.653.51$4,127
Mar 2002073922.003.10$2,293
Feb 200218261118.222.38$4,768
Jan 2002079017.172.38$1,877
Dec 2001083316.932.36$1,970
Nov 2001094518.072.41$2,273
Oct 2001083719.782.53$2,117
Sep 2001098924.262.25$2,227
Aug 2001090124.873.05$2,751
Jul 2001057723.933.20$1,845
Jun 200116986924.563.82$7,474
May 2001087925.524.31$3,786
Apr 2001070724.685.34$3,772
Mar 2001095924.545.38$5,156
Feb 2001080127.755.77$4,619
Jan 2001094727.478.40$7,954
Dec 20001721,00226.889.12$13,764
Nov 2000099332.215.66$5,618
Oct 200001,36531.235.15$7,024
Sep 200001,10531.875.19$5,731
Aug 200001,03729.644.54$4,709
Jul 20003591,04228.534.09$14,504
Jun 200001,00329.304.40$4,410
May 2000093727.263.68$3,448
Apr 200001,00124.513.12$3,119
Mar 200001,07228.422.86$3,066
Feb 200001,07527.622.73$2,931
Jan 200001,43625.272.48$3,562
Dec 199901,37624.282.42$3,335
Nov 19993561,04823.192.43$10,806
Oct 199901,06520.982.80$2,986
Sep 1999099621.752.62$2,608
Aug 199901,03019.262.88$2,962
Jul 1999087217.892.37$2,069
Jun 199901,02115.942.36$2,412
May 199901,10615.792.32$2,567
Apr 19995491,18015.102.21$10,895
Mar 199901,19012.471.84$2,188
Feb 199901,0679.981.82$1,940
Jan 199901,18310.381.90$2,248
Dec 199801,1989.201.77$2,124
Nov 199801,16210.892.19$2,540
Oct 19983491,07312.421.97$6,448
Sep 199801,20712.592.08$2,514
Aug 199801,26711.301.91$2,417
Jul 199801,26511.742.24$2,830
Jun 199801,21011.242.24$2,707
May 199801,19012.622.21$2,626
Apr 19981771,28713.042.51$5,532
Mar 199801,39812.802.31$3,229
Feb 199801,25613.952.30$2,888
Jan 199801,40514.702.15$3,027
Dec 199701,39916.322.41$3,373
Nov 19971971,35518.193.09$7,768
Oct 199701,35119.253.15$4,255
Sep 199701,23117.742.95$3,637
Aug 19973561,16117.862.55$9,324
Jul 199701,20917.582.25$2,717
Jun 19971821,10417.242.26$5,630
May 199701,08018.972.31$2,493
Apr 1997921,10217.882.08$3,940
Mar 199701,01318.951.94$1,964
Feb 19976389020.492.21$3,254
Jan 199741,11723.483.54$4,048
Dec 19962441,11123.32$5,690
Nov 199601,06121.97$0
Oct 199601,12223.31$0
Sep 19961771,10622.22$3,933
Aug 199601,16520.26$0
Jul 19961801,20819.55$3,519
Jun 199601,19718.73$0
May 199601,05619.43$0
Apr 199610494721.51$2,237
Mar 199601,34919.38$0
Feb 1996831,40516.98$1,409
Jan 19961851,52817.07$3,158
Dec 199501,12917.19$0
Nov 1995091716.00$0
Oct 19951111,11415.43$1,713
Sep 19953571,10916.18$5,776
Aug 199501,17715.92$0
Jul 199501,20015.24$0
Jun 199501,17216.41$0
May 19951851,14617.56$3,249
Apr 199501,09717.73$0
Mar 199521,62316.44$33
Feb 19953511,20216.58$5,820
Jan 1995461,19615.92$732
Dec 1994093815.03$0
Nov 199418683915.90$2,957
Oct 199401,04515.58$0
Sep 199401,18715.29$0
Aug 19942951,14916.13$4,758
Jul 1994055417.56$0
Jun 199417876817.09$3,042
May 1994079015.88$0
Apr 1994070914.14$0
Mar 199401,15612.46$0
Feb 19942611,18412.50$3,263
Jan 199401,35612.66$0
Dec 199301,14612.33$0
Nov 199301,69514.49$0
Oct 19931791,50215.85$2,837
Sep 199301,64415.03$0
Aug 19931831,95615.66$2,866
Jul 199301,44015.46$0
Jun 199301,65816.79$0
May 19931791,90217.68$3,165
Apr 19931801,92018.05$3,249
Mar 199302,01018.14$0
Feb 19931861,76317.90$3,329
Jan 19931842,10416.93$3,115

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                    0 bbl  × $106.41 =         $0
Casinghead gas       699 Mcf  × $  3.05 =     $2,129

────────────────────────────────────────────────────
Month total                                   $2,129

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/7431 is the state's own key, not one this site invented.