STATE OF TEXAS # 64642

Operated by WAGNER OIL COMPANY (P-5 891175) in the GALVESTON ISLAND (DISCORBIS 5) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 153410District 03Field 33861450CondensateGasSaveExport
Value, all time
$3.4 M
Feb 1995 – Oct 2007
Value, last 12 filed months
$0
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1975-08-18
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST EFF 11-1-95

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
CondensateDisposition3,538 bbl$67,954
GasProduction1,929,033 Mcf$3,333,104
Total$3,401,058

812,517 Mcf of this lease's gas, across 23 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 29.2088, -94.9554. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.20880, -94.95542 · 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
8,047 ft
1 wells filed one
Completion to plug
12.7 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 8,047 ft.

Completions filed
Feb 1995
1 of 1 wells
Plug dates filed
Oct 2007
1 of 1 wells

Last completion to plug: a median of 12.7 years across the 1 well that filed both dates, with the middle half between 12.7 years and 12.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1673011718,047 ftFeb 1995Oct 2007Yes

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

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 200610056.707.08$567
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 20040032.455.51$0
Jan 200403,94132.036.30$24,827
Dec 200303,68030.266.30$23,190
Nov 20031544,07428.804.60$23,156
Oct 200304,32928.174.76$20,604
Sep 200303,90826.314.75$18,561
Aug 200304,82229.765.13$24,736
Jul 200303,99729.415.17$20,668
Jun 200303,51328.565.98$21,018
May 200304,00426.595.97$23,915
Apr 200304,64626.675.41$25,122
Mar 200304,75131.146.10$28,962
Feb 200304,80733.487.93$38,100
Jan 200304,97230.315.58$27,754
Dec 200204,48126.914.85$21,750
Nov 2002684,78424.664.14$21,468
Oct 200204,92726.464.23$20,837
Sep 200205,15427.443.64$18,736
Aug 200205,67925.963.16$17,969
Jul 200205,73224.583.06$17,550
Jun 200205,48323.733.34$18,304
May 200205,46824.663.58$19,597
Apr 200205,24023.653.51$18,405
Mar 200205,31622.003.10$16,494
Feb 200205,02718.222.38$11,943
Jan 200205,52917.172.38$13,135
Dec 200105,91316.932.36$13,981
Nov 200106,16018.072.41$14,818
Oct 200106,05119.782.53$15,302
Sep 200106,22924.262.25$14,023
Aug 200107,52224.873.05$22,966
Jul 200107,69123.933.20$24,589
Jun 200108,14824.563.82$31,159
May 200107,65325.524.31$32,964
Apr 200107,70624.685.34$41,114
Mar 200107,76424.545.38$41,743
Feb 200107,02127.755.77$40,491
Jan 200108,43427.478.40$70,835
Dec 2000010,76626.889.12$98,213
Nov 200008,84032.215.66$50,017
Oct 200009,60331.235.15$49,412
Sep 200009,34431.875.19$48,463
Aug 20001769,43029.644.54$48,036
Jul 2000010,68728.534.09$43,707
Jun 200009,00629.304.40$39,602
May 2000011,39527.263.68$41,931
Apr 2000010,91324.513.12$34,005
Mar 2000011,65328.422.86$33,325
Feb 2000010,89427.622.73$29,702
Jan 2000011,28325.272.48$27,987
Dec 19995511,29724.282.42$28,716
Nov 1999011,49523.192.43$27,979
Oct 1999012,79820.982.80$35,882
Sep 1999012,74221.752.62$33,369
Aug 1999014,44719.262.88$41,544
Jul 199917315,54317.892.37$39,969
Jun 1999015,02515.942.36$35,491
May 1999015,81715.792.32$36,712
Apr 1999014,54215.102.21$32,109
Mar 1999015,58212.471.84$28,645
Feb 1999015,2099.981.82$27,647
Jan 1999014,68410.381.90$27,899
Dec 1998015,3779.201.77$27,268
Nov 199816915,74510.892.19$36,255
Oct 1998010,35412.421.97$20,389
Sep 1998014,79312.592.08$30,808
Aug 1998020,58411.301.91$39,261
Jul 1998017,15111.742.24$38,371
Jun 1998015,77211.242.24$35,286
May 1998021,90412.622.21$48,328
Apr 199817820,82413.042.51$54,492
Mar 1998026,20012.802.31$60,507
Feb 1998022,88313.952.30$52,611
Jan 1998023,92614.702.15$51,556
Dec 199718523,46116.322.41$59,586
Nov 1997039,82418.193.09$122,987
Oct 1997031,63019.253.15$99,629
Sep 199717532,44717.742.95$98,981
Aug 1997032,23717.862.55$82,357
Jul 199717734,26017.582.25$80,092
Jun 1997032,89317.242.26$74,246
May 1997034,80818.972.31$80,354
Apr 199717732,09217.882.08$70,005
Mar 1997037,40218.951.94$72,528
Feb 1997024,35720.492.21$53,729
Jan 199717738,04123.483.54$138,810
Dec 1996038,89323.32$0
Nov 199617638,79421.97$3,867
Oct 1996040,48623.31$0
Sep 199616737,28422.22$3,711
Aug 1996030,44020.26$0
Jul 199612243,22119.55$2,385
Jun 1996037,93218.73$0
May 19969842,45419.43$1,904
Apr 199617839,49921.51$3,829
Mar 1996040,68619.38$0
Feb 199617437,11216.98$2,955
Jan 1996037,79217.07$0
Dec 199517437,79217.19$2,991
Nov 1995044,66316.00$0
Oct 199517735,99915.43$2,731
Sep 1995036,36316.18$0
Aug 199517337,72515.92$2,754
Jul 19957233,67215.24$1,097
Jun 1995036,34516.41$0
May 199515333,08217.56$2,687
Apr 1995032,84217.73$0
Mar 199508,23216.44$0
Feb 1995011,20916.58$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.

Mar 2006 — as filed, then multipliedworked
Condensate            10 bbl  × $ 56.70 =       $567
Gas                    0 Mcf  × $  7.08 =         $0

────────────────────────────────────────────────────
Month total                                     $567

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/153410 is the state's own key, not one this site invented.