WEAVER-MCDONALD

Operated by FINLEY RESOURCES, INC. (P-5 268602) in the BRAHANEY, NORTHWEST (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 64237District 8AField 11313300Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$2.1 M
Jan 1993 – Jun 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
246
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 19 leases and 37 wells, and the rule below applies to all of them.

Discovered
1982-02-01
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition123,885 bbl$2,123,983
Casinghead gasProduction9,466 Mcf$6,377
Total$2,130,361

7,184 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 (1)

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 33.1809, -102.9340. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.18093, -102.93404 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
11,965 ft
1 wells filed one
Completion to plug
26.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 11,965 ft.

Completions filed
Feb 1983
1 of 1 wells
Plug dates filed
Jan 2010
1 of 1 wells

Last completion to plug: a median of 26.9 years across the 1 well that filed both dates, with the middle half between 26.9 years and 26.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-50132328111,965 ftFeb 1983Jan 2010Yes

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 (246)

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

246 months

Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
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 20110096.873.24$0
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 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 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 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
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 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20047032.455.51$227
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 2001296018.072.41$5,349
Oct 2001166019.782.53$3,283
Sep 2001155024.262.25$3,760
Aug 2001150024.873.05$3,731
Jul 2001339023.933.20$8,112
Jun 2001316024.563.82$7,761
May 2001342025.524.31$8,728
Apr 2001307024.685.34$7,577
Mar 20013473624.545.38$8,709
Feb 2001357727.755.77$9,947
Jan 20014461927.478.40$12,411
Dec 2000445226.889.12$11,980
Nov 20004504432.215.66$14,743
Oct 20004436531.235.15$14,169
Sep 20003921931.875.19$12,592
Aug 20004715129.644.54$14,192
Jul 20005565628.534.09$16,092
Jun 2000401729.304.40$11,780
May 20005451927.263.68$14,927
Apr 20004573524.513.12$11,310
Mar 2000564028.422.86$16,029
Feb 2000532027.622.73$14,694
Jan 2000391025.272.48$9,881
Dec 1999210024.282.42$5,099
Nov 1999291023.192.43$6,748
Oct 1999369020.982.80$7,742
Sep 1999410021.752.62$8,918
Aug 1999489019.262.88$9,418
Jul 1999426017.892.37$7,621
Jun 1999477015.942.36$7,603
May 1999458015.792.32$7,232
Apr 1999536015.102.21$8,094
Mar 1999554012.471.84$6,908
Feb 199945509.981.82$4,541
Jan 1999684010.381.90$7,100
Dec 199882239.201.77$7,568
Nov 1998742410.892.19$8,089
Oct 19986181012.421.97$7,695
Sep 1998433012.592.08$5,451
Aug 19987731511.301.91$8,764
Jul 19987693011.742.24$9,095
Jun 199883014411.242.24$9,651
May 199878512012.622.21$10,171
Apr 19988595513.042.51$11,339
Mar 19981,1965612.802.31$15,438
Feb 199895812913.952.30$13,661
Jan 19981,01411214.702.15$15,147
Dec 19971,10413516.322.41$18,343
Nov 19971,05612918.193.09$19,607
Oct 19971,1814119.253.15$22,863
Sep 19971,1211517.742.95$19,931
Aug 19976211617.862.55$11,132
Jul 19979555617.582.25$16,915
Jun 19971,07215717.242.26$18,836
May 19971,21716018.972.31$23,456
Apr 19971,17412417.882.08$21,249
Mar 19971,13115318.951.94$21,729
Feb 199796812320.492.21$20,106
Jan 19971,20713523.483.54$28,818
Dec 19961,2293223.32$28,660
Nov 19961,08111121.97$23,750
Oct 19961,13515823.31$26,457
Sep 19961,22816422.22$27,286
Aug 19961,20516720.26$24,413
Jul 19966304119.55$12,317
Jun 19968785618.73$16,445
May 19961,0393619.43$20,188
Apr 19961,10111321.51$23,683
Mar 19961,07115519.38$20,756
Feb 19961,11513716.98$18,933
Jan 19961,19317117.07$20,365
Dec 19951,23019417.19$21,144
Nov 19951,22719616.00$19,632
Oct 19951,29319615.43$19,951
Sep 19951,10221116.18$17,830
Aug 19951,31521115.92$20,935
Jul 19952,10121515.24$32,019
Jun 19951,81618916.41$29,801
May 19951,64714517.56$28,921
Apr 19952,477017.73$43,917
Mar 19952,90422116.44$47,742
Feb 19951,82519416.58$30,259
Jan 19952,20220115.92$35,056
Dec 19942,28124715.03$34,283
Nov 19942,28921515.90$36,395
Oct 19942,29311215.58$35,725
Sep 19942,10319915.29$32,155
Aug 19942,31022216.13$37,260
Jul 19942,27313717.56$39,914
Jun 19942,02810517.09$34,659
May 19941,988115.88$31,569
Apr 19942,3308614.14$32,946
Mar 19942,3916312.46$29,792
Feb 19941,9056212.50$23,813
Jan 19942,17718612.66$27,561
Dec 19932,19416912.33$27,052
Nov 19932,33912614.49$33,892
Oct 19932,31312015.85$36,661
Sep 19932,26611215.03$34,058
Aug 19932,37719315.66$37,224
Jul 19932,35119315.46$36,346
Jun 19932,29220216.79$38,483
May 19932,56325017.68$45,314
Apr 19931,77117018.05$31,967
Mar 19932,03416918.14$36,897
Feb 19931,96415817.90$35,156
Jan 19932,16917316.93$36,721

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.

Feb 2004 — as filed, then multipliedworked
Oil                    7 bbl  × $ 32.45 =       $227
Casinghead gas         0 Mcf  × $  5.51 =         $0

────────────────────────────────────────────────────
Month total                                     $227

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. 8A/O/64237 is the state's own key, not one this site invented.