WHEELER 2

Operated by BPX OPERATING COMPANY (P-5 85408) in the HAWKVILLE (EAGLEFORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 274048District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.8 M
Sep 2013 – May 2026
Value, last 12 filed months
$161 k
at the published price for each month
Months reported
153
no gaps in the span
Streams
2
condensate, 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 1,894 leases and 1,894 wells, and the rule below applies to all of them.

Discovered
2008-10-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-08-25.

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: WILL REQUIRE A REGULAR SWR 38.

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
High Cost Gas112015-12-10216362
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
CondensateDisposition31,414 bbl$2,244,394
GasProduction1,224,032 Mcf$4,565,888
Total$6,810,283

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 28.4020, -98.4362. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.40197, -98.43624 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,871 ft
1 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.
1100.0%

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 12,871 ft.

Completions filed
Mar 2014
1 of 1 wells

1 well

42-311355624H12,871 ftMar 2014

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 (153)

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

153 months

May 202602,075106.413.05$6,320
Apr 20261072,90598.932.87$18,922
Mar 202602,52389.753.15$7,946
Feb 20261021,58163.503.75$12,406
Jan 202602,42859.138.00$19,419
Dec 20251142,67756.664.41$18,274
Nov 202503,15358.593.93$12,380
Oct 202502,89759.383.30$9,574
Sep 20251012,83162.743.08$15,048
Aug 2025943,28863.933.01$15,922
Jul 202503,24666.743.32$10,761
Jun 2025962,60366.483.13$14,526
May 20251112,99360.553.23$16,395
Apr 2025803,27862.363.54$16,603
Mar 2025643,47067.704.27$19,144
Feb 2025342,55870.884.34$13,514
Jan 2025768,12174.324.28$40,395
Dec 20241414,48168.993.12$23,714
Nov 2024585,60069.052.20$16,316
Oct 20244312971.372.28$3,363
Sep 2024274469.612.36$1,984
Aug 2024036975.632.06$761
Jul 2024983,16179.932.15$14,619
Jun 20240078.082.63$0
May 2024902,20278.812.20$11,934
Apr 20241413,42684.451.66$17,592
Mar 20241902,98780.301.55$19,872
Feb 2024983,72676.091.78$14,103
Jan 2024554,47973.023.30$18,786
Dec 2023692,50571.262.61$11,457
Nov 20235475577.892.81$6,326
Oct 20233952085.443.09$4,938
Sep 2023051389.042.74$1,403
Aug 20231173,26480.522.67$18,145
Jul 20231834,15174.852.64$24,664
Jun 2023791,37268.962.26$8,546
May 2023992,25170.622.23$12,005
Apr 20231512,57378.122.24$17,554
Mar 2023902,07572.852.39$11,522
Feb 2023671,87875.112.47$9,663
Jan 2023912,84676.533.39$16,606
Dec 20222303,35276.415.73$36,778
Nov 20222991,40985.005.65$33,371
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20222602,46194.529.13$47,037
Jul 202214,223101.587.54$31,952
Jun 202212,583115.097.98$20,720
May 202232,380109.378.43$20,399
Apr 202282,762104.226.84$19,719
Mar 202293,437108.885.08$18,428
Feb 202262,39891.054.86$12,198
Jan 2022114,12681.844.54$19,623
Dec 202163,43371.323.90$13,814
Nov 202113,89377.435.24$20,464
Oct 202113,84679.795.71$22,055
Sep 202111,51269.865.35$8,160
Aug 202123,52066.024.22$14,989
Jul 202112,00370.783.98$8,047
Jun 202143,29369.493.38$11,410
May 20211974,89263.483.02$27,268
Apr 20211516,11060.362.76$25,968
Mar 2021126561.302.72$781
Feb 202121,29557.805.55$7,300
Jan 202173,57950.412.81$10,411
Dec 20201263,42144.642.68$14,777
Nov 202053,52738.772.71$9,740
Oct 2020323,79836.972.48$10,596
Sep 20202033,70937.091.99$14,914
Aug 20201373,63439.982.39$14,145
Jul 202002,98738.371.83$5,452
Jun 20202004,54334.901.69$14,659
May 20201004,36716.921.81$9,617
Apr 20201392,19714.751.80$6,014
Mar 20201704,58330.341.86$13,665
Feb 20201892,24049.881.98$13,864
Jan 202034,37157.252.09$9,328
Dec 20191783,21859.012.30$17,919
Nov 201911,64355.302.75$4,575
Oct 20191882,20853.472.42$15,393
Sep 201919063655.052.66$12,150
Aug 2019152,81453.112.30$7,281
Jul 20191936,46356.272.46$26,759
Jun 201953,67552.782.49$9,419
May 201907,51158.482.74$20,583
Apr 2019127662.632.75$822
Mar 20191572,20156.803.06$15,657
Feb 20191884,42150.852.79$21,904
Jan 20191934,96946.033.23$24,925
Dec 2018134,83046.594.19$20,821
Nov 20185314,66552.934.24$47,873
Oct 201874,85461.443.40$16,924
Sep 201865,39659.543.11$17,128
Aug 20183615,21559.403.07$37,436
Jul 201875,60365.142.93$16,883
Jun 201855,73860.183.08$17,956
May 201875,74665.382.90$17,126
Apr 20183686,07163.842.90$41,104
Mar 2018115,55961.222.79$16,165
Feb 20181965,59261.782.77$27,577
Jan 20183775,83962.874.01$47,112
Dec 20171996,14757.272.92$29,355
Nov 2017135,59455.423.12$18,165
Oct 201756,41849.292.98$19,396
Sep 20173006,79747.523.09$35,240
Aug 20171886,45745.373.00$27,929
Jul 20172177,60643.873.09$33,002
Jun 20171867,32042.493.09$30,502
May 20171947,46945.373.26$33,176
Apr 201756,96147.933.21$22,596
Mar 20173657,39846.772.98$39,144
Feb 20171966,91750.452.95$30,311
Jan 20172007,85949.413.42$36,750
Dec 20161858,00248.763.72$38,811
Nov 201648,06742.492.64$21,502
Oct 20165558,18146.193.09$50,917
Sep 201626,82541.553.10$21,245
Aug 201638,34841.442.92$24,537
Jul 20163709,68741.622.92$43,727
Jun 20162009,25345.352.69$33,922
May 20161758,34442.521.99$24,054
Apr 201619510,73336.561.99$28,499
Mar 20161795,51533.011.79$15,803
Feb 20161825,63926.472.06$16,454
Jan 201618210,90927.352.36$30,771
Dec 201533811,13132.362.00$33,215
Nov 2015010,80438.792.17$23,416
Oct 201534311,64443.552.43$43,193
Sep 201518413,35742.992.76$44,754
Aug 201520012,73540.162.87$44,613
Jul 201537716,44048.152.95$66,570
Jun 201535816,15656.152.88$66,677
May 201536215,79955.212.96$66,679
Apr 201535517,20749.822.71$64,258
Mar 201536418,08842.892.93$68,695
Feb 201553716,43244.662.98$72,887
Jan 201554021,23743.433.10$89,300
Dec 201436220,84554.693.59$94,660
Nov 201469823,84570.464.25$150,566
Oct 201458724,99378.303.90$143,459
Sep 201494430,58986.164.05$205,081
Aug 201470837,82389.394.04$215,908
Jul 20141,15443,33496.564.18$292,549
Jun 20141,53653,79498.164.74$405,589
May 20141,41780,03094.734.73$512,499
Apr 20143,004102,52795.944.81$781,268
Mar 20144,083119,55095.895.06$996,059
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                2,075 Mcf  × $  3.05 =     $6,320

────────────────────────────────────────────────────
Month total                                   $6,320

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. 01/G/274048 is the state's own key, not one this site invented.