WEGNER UNIT

Name: WEGNER UNIT lease production and value, Feb 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148619District 03Field 347735502 tax incentive programmesCondensateGasSave Export

Value, all time

$6.8 M

Feb 1994 – Sep 2019

Value, last 12 filed months

at the published price for each month

Months reported

308

no gaps in the span

Streams

condensate, gas

The GIDDINGS (AUSTIN CHALK, GAS) field

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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered

1978-08-01

as the register files it

Field class

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 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: “AMENDED DRILLING PERMITS, NOTICE, OR HEARING.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	2	2	1994-05-31 – 2008-02-19	2 dockets
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	73,295 bbl	$1,827,643
Gas	Production	1,908,187 Mcf	$4,984,302
Total			$6,811,945

1,172,417 Mcf of this lease's gas, across 35 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 30.3905, -96.3666. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.39049, -96.36663 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

15,212 ft

1 wells filed one

Completion to plug

14.1 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 15,212 ft.

Completions filed

Aug 2005

1 of 1 wells

Plug dates filed

Sep 2019

1 of 1 wells

Last completion to plug: a median of 14.1 years across the 1 well that filed both dates, with the middle half between 14.1 years and 14.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-05133412	1	15,212 ft	Aug 2005	Sep 2019	Yes

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 (308)

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

308 months


Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	3	3	69.37	6.34	$227
Jun 2006	166	103	66.28	6.38	$11,660
May 2006	397	10,760	66.01	6.42	$95,339
Apr 2006	398	11,046	64.39	7.36	$106,931
Mar 2006	402	14,638	56.70	7.08	$126,473
Feb 2006	411	16,043	57.59	7.75	$148,021
Jan 2006	612	21,827	60.59	8.93	$232,069
Dec 2005	622	27,010	54.94	13.42	$396,523
Nov 2005	964	33,898	54.69	10.59	$411,647
Oct 2005	1,341	43,996	58.34	13.80	$685,192
Sep 2005	2,199	53,673	61.45	12.08	$783,445
Aug 2005	5,093	87,508	61.51	9.80	$1,170,572
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	236	52.33	7.38	$1,742
May 2005	194	3,609	45.22	6.65	$32,777
Apr 2005	196	3,296	49.20	7.36	$33,903
Mar 2005	8	3,416	50.37	7.15	$24,844
Feb 2005	199	3,361	45.22	6.31	$30,213
Jan 2005	5	3,955	43.16	6.32	$25,220
Dec 2004	201	4,024	39.86	6.75	$35,178
Nov 2004	7	4,803	45.28	6.33	$30,722
Oct 2004	185	5,326	49.70	6.52	$43,894
Sep 2004	192	5,814	43.24	5.28	$39,023
Aug 2004	178	6,497	42.37	5.55	$43,605
Jul 2004	78	6,689	38.28	6.08	$43,683
Jun 2004	193	6,162	36.10	6.43	$46,608
May 2004	191	6,119	37.48	6.49	$46,899
Apr 2004	212	4,913	34.47	5.86	$36,090
Mar 2004	4	4,752	34.36	5.53	$26,417
Feb 2004	198	2,087	32.45	5.51	$17,924
Jan 2004	6	3,045	32.03	6.30	$19,375
Dec 2003	204	3,071	30.26	6.30	$25,525
Nov 2003	1	2,740	28.80	4.60	$12,620
Oct 2003	194	3,502	28.17	4.76	$22,133
Sep 2003	2	4,293	26.31	4.75	$20,442
Aug 2003	197	4,252	29.76	5.13	$27,674
Jul 2003	2	3,103	29.41	5.17	$16,104
Jun 2003	181	945	28.56	5.98	$10,823
May 2003	1	1,302	26.59	5.97	$7,803
Apr 2003	1	1,201	26.67	5.41	$6,521
Mar 2003	1	1,276	31.14	6.10	$7,810
Feb 2003	167	1,219	33.48	7.93	$15,253
Jan 2003	1	2,112	30.31	5.58	$11,820
Dec 2002	154	1,888	26.91	4.85	$13,308
Nov 2002	0	1,803	24.66	4.14	$7,459
Oct 2002	167	4,131	26.46	4.23	$21,889
Sep 2002	0	1,326	27.44	3.64	$4,820
Aug 2002	168	1,237	25.96	3.16	$8,275
Jul 2002	0	1,035	24.58	3.06	$3,169
Jun 2002	0	968	23.73	3.34	$3,231
May 2002	154	450	24.66	3.58	$5,410
Apr 2002	0	457	23.65	3.51	$1,605
Mar 2002	0	648	22.00	3.10	$2,011
Feb 2002	0	538	18.22	2.38	$1,278
Jan 2002	170	1,826	17.17	2.38	$7,257
Dec 2001	0	1,110	16.93	2.36	$2,624
Nov 2001	173	1,236	18.07	2.41	$6,099
Oct 2001	0	670	19.78	2.53	$1,694
Sep 2001	162	1,781	24.26	2.25	$7,940
Aug 2001	0	2,148	24.87	3.05	$6,558
Jul 2001	152	3,307	23.93	3.20	$14,210
Jun 2001	0	3,883	24.56	3.82	$14,849
May 2001	163	4,112	25.52	4.31	$21,871
Apr 2001	157	3,984	24.68	5.34	$25,131
Mar 2001	163	4,281	24.54	5.38	$27,017
Feb 2001	0	4,029	27.75	5.77	$23,236
Jan 2001	161	4,696	27.47	8.40	$43,863
Dec 2000	147	4,670	26.88	9.12	$46,553
Nov 2000	0	3,822	32.21	5.66	$21,625
Oct 2000	181	2,974	31.23	5.15	$20,955
Sep 2000	152	3,662	31.87	5.19	$23,837
Aug 2000	0	3,822	29.64	4.54	$17,355
Jul 2000	125	3,087	28.53	4.09	$16,191
Jun 2000	0	3,463	29.30	4.40	$15,228
May 2000	172	3,070	27.26	3.68	$15,986
Apr 2000	0	3,515	24.51	3.12	$10,953
Mar 2000	184	1,281	28.42	2.86	$8,893
Feb 2000	0	2,967	27.62	2.73	$8,090
Jan 2000	183	3,393	25.27	2.48	$13,041
Dec 1999	0	3,649	24.28	2.42	$8,844
Nov 1999	188	3,375	23.19	2.43	$12,574
Oct 1999	0	3,443	20.98	2.80	$9,653
Sep 1999	174	201	21.75	2.62	$4,311
Aug 1999	0	3,653	19.26	2.88	$10,505
Jul 1999	178	2,935	17.89	2.37	$10,147
Jun 1999	0	3,402	15.94	2.36	$8,036
May 1999	0	3,762	15.79	2.32	$8,732
Apr 1999	181	3,906	15.10	2.21	$11,358
Mar 1999	213	3,440	12.47	1.84	$8,980
Feb 1999	0	3,407	9.98	1.82	$6,193
Jan 1999	184	4,102	10.38	1.90	$9,704
Dec 1998	0	3,513	9.20	1.77	$6,230
Nov 1998	175	3,380	10.89	2.19	$9,293
Oct 1998	172	3,859	12.42	1.97	$9,735
Sep 1998	0	3,976	12.59	2.08	$8,281
Aug 1998	168	4,290	11.30	1.91	$10,081
Jul 1998	177	4,135	11.74	2.24	$11,329
Jun 1998	172	4,314	11.24	2.24	$11,585
May 1998	180	5,448	12.62	2.21	$14,292
Apr 1998	177	6,052	13.04	2.51	$17,470
Mar 1998	185	6,688	12.80	2.31	$17,814
Feb 1998	191	5,746	13.95	2.30	$15,875
Jan 1998	182	4,165	14.70	2.15	$11,650
Dec 1997	361	8,760	16.32	2.41	$27,013
Nov 1997	0	8,003	18.19	3.09	$24,715
Oct 1997	363	7,093	19.25	3.15	$29,329
Sep 1997	186	9,839	17.74	2.95	$32,373
Aug 1997	351	10,630	17.86	2.55	$33,426
Jul 1997	184	10,912	17.58	2.25	$27,753
Jun 1997	366	10,311	17.24	2.26	$29,584
May 1997	179	10,678	18.97	2.31	$28,046
Apr 1997	360	11,770	17.88	2.08	$30,951
Mar 1997	366	11,506	18.95	1.94	$29,247
Feb 1997	369	10,972	20.49	2.21	$31,764
Jan 1997	373	11,560	23.48	3.54	$49,677
Dec 1996	369	12,415	23.32	—	$8,605
Nov 1996	364	8,906	21.97	—	$7,997
Oct 1996	182	10,574	23.31	—	$4,242
Sep 1996	328	9,462	22.22	—	$7,288
Aug 1996	519	11,135	20.26	—	$10,515
Jul 1996	366	12,258	19.55	—	$7,155
Jun 1996	361	14,110	18.73	—	$6,762
May 1996	537	16,430	19.43	—	$10,434
Apr 1996	357	12,154	21.51	—	$7,679
Mar 1996	549	16,087	19.38	—	$10,640
Feb 1996	744	19,368	16.98	—	$12,633
Jan 1996	547	19,757	17.07	—	$9,337
Dec 1995	742	23,272	17.19	—	$12,755
Nov 1995	730	21,974	16.00	—	$11,680
Oct 1995	694	25,215	15.43	—	$10,708
Sep 1995	681	20,457	16.18	—	$11,019
Aug 1995	711	25,663	15.92	—	$11,319
Jul 1995	881	28,884	15.24	—	$13,426
Jun 1995	898	24,003	16.41	—	$14,736
May 1995	907	27,115	17.56	—	$15,927
Apr 1995	917	27,872	17.73	—	$16,258
Mar 1995	1,102	29,995	16.44	—	$18,117
Feb 1995	920	29,161	16.58	—	$15,254
Jan 1995	1,467	30,084	15.92	—	$23,355
Dec 1994	1,280	36,975	15.03	—	$19,238
Nov 1994	1,778	43,557	15.90	—	$28,270
Oct 1994	1,812	36,175	15.58	—	$28,231
Sep 1994	2,156	53,555	15.29	—	$32,965
Aug 1994	2,490	64,386	16.13	—	$40,164
Jul 1994	3,010	68,389	17.56	—	$52,856
Jun 1994	3,513	75,324	17.09	—	$60,037
May 1994	3,711	86,244	15.88	—	$58,931
Apr 1994	4,614	91,177	14.14	—	$65,242
Mar 1994	5,832	94,558	12.46	—	$72,667
Feb 1994	1,976	45,726	12.50	—	$24,700

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.

Jul 2006 — as filed, then multipliedworked

Condensate             3 bbl  × $ 69.37 =       $208
Gas                    3 Mcf  × $  6.34 =        $19

────────────────────────────────────────────────────
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. 03/G/148619 is the state's own key, not one this site invented.