WENDLER UNIT

Name: WENDLER UNIT lease production and value, Jun 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by F.I.G. ENERGY, LLC (P-5 257281) 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 220428District 03Field 347735502 tax incentive programmesCondensateGasSave Export

Value, all time

$2.1 M

Jun 2005 – Nov 2015

Value, last 12 filed months

$18 k

at the published price for each month

Months reported

126

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	1	1	2007-03-01	171277
NGPA	1	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	6,064 bbl	$419,531
Gas	Production	229,978 Mcf	$1,713,397
Total			$2,132,928

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 30.4779, -96.3305. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.47785, -96.33050 · 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

10,306 ft

1 wells filed one

Completion to plug

10.2 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 10,306 ft.

Completions filed

Jun 2005

1 of 1 wells

Plug dates filed

Aug 2015

1 of 1 wells

Last completion to plug: a median of 10.2 years across the 1 well that filed both dates, with the middle half between 10.2 years and 10.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-05133620	1 H	10,306 ft	Jun 2005	Aug 2015	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 (126)

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

126 months


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	647	48.15	2.95	$1,905
Jun 2015	0	911	56.15	2.88	$2,626
May 2015	0	564	55.21	2.96	$1,667
Apr 2015	0	704	49.82	2.71	$1,905
Mar 2015	0	925	42.89	2.93	$2,715
Feb 2015	0	827	44.66	2.98	$2,461
Jan 2015	0	902	43.43	3.10	$2,797
Dec 2014	0	559	54.69	3.59	$2,008
Nov 2014	0	697	70.46	4.25	$2,964
Oct 2014	0	806	78.30	3.90	$3,144
Sep 2014	0	372	86.16	4.05	$1,505
Aug 2014	0	339	89.39	4.04	$1,368
Jul 2014	0	339	96.56	4.18	$1,417
Jun 2014	0	373	98.16	4.74	$1,767
May 2014	0	384	94.73	4.73	$1,815
Apr 2014	0	407	95.94	4.81	$1,957
Mar 2014	0	846	95.89	5.06	$4,278
Feb 2014	0	631	97.40	6.19	$3,907
Jan 2014	0	285	90.40	4.86	$1,385
Dec 2013	0	392	91.82	4.35	$1,707
Nov 2013	0	512	88.85	3.74	$1,914
Oct 2013	0	254	97.42	3.78	$960
Sep 2013	0	593	104.11	3.72	$2,205
Aug 2013	0	641	104.25	3.52	$2,258
Jul 2013	0	576	102.52	3.72	$2,141
Jun 2013	0	269	94.40	3.93	$1,058
May 2013	0	570	94.83	4.15	$2,365
Apr 2013	0	629	93.96	4.28	$2,694
Mar 2013	0	536	93.62	3.91	$2,097
Feb 2013	0	273	91.23	3.42	$934
Jan 2013	0	360	91.60	3.42	$1,231
Dec 2012	0	487	86.77	3.42	$1,666
Nov 2012	0	484	86.95	3.62	$1,754
Oct 2012	0	543	89.38	3.40	$1,846
Sep 2012	0	406	94.67	2.92	$1,185
Aug 2012	0	713	92.66	2.91	$2,074
Jul 2012	0	581	85.13	3.02	$1,755
Jun 2012	0	498	79.82	2.52	$1,254
May 2012	0	280	91.61	2.49	$697
Apr 2012	0	526	101.65	2.00	$1,050
Mar 2012	0	628	105.05	2.22	$1,395
Feb 2012	0	491	101.10	2.57	$1,262
Jan 2012	0	366	98.09	2.73	$1,001
Dec 2011	0	627	96.87	3.24	$2,031
Nov 2011	112	277	95.72	3.31	$11,638
Oct 2011	0	658	84.98	3.65	$2,401
Sep 2011	0	130	83.62	3.99	$518
Aug 2011	0	115	83.40	4.15	$477
Jul 2011	0	983	94.14	4.52	$4,440
Jun 2011	0	763	92.90	4.64	$3,540
May 2011	0	481	98.13	4.40	$2,119
Apr 2011	0	761	105.96	4.33	$3,298
Mar 2011	105	686	96.36	4.06	$12,901
Feb 2011	0	604	85.64	4.18	$2,525
Jan 2011	0	1,052	86.50	4.59	$4,827
Dec 2010	87	951	85.73	4.35	$11,593
Nov 2010	0	1,316	80.84	3.80	$4,995
Oct 2010	163	682	78.10	3.51	$15,123
Sep 2010	0	1,084	72.63	3.98	$4,314
Aug 2010	0	845	73.68	4.42	$3,734
Jul 2010	0	1,034	72.55	4.74	$4,898
Jun 2010	0	669	70.36	4.91	$3,285
May 2010	0	1,280	71.12	4.24	$5,421
Apr 2010	177	1,261	81.69	4.12	$19,658
Mar 2010	0	768	78.39	4.39	$3,371
Feb 2010	0	753	73.58	5.44	$4,098
Jan 2010	1	960	74.36	5.96	$5,800
Dec 2009	169	937	71.44	5.48	$17,212
Nov 2009	0	850	74.59	3.75	$3,189
Oct 2009	0	1,104	72.54	4.11	$4,538
Sep 2009	0	341	65.54	3.06	$1,045
Aug 2009	0	754	67.42	3.22	$2,427
Jul 2009	164	1,687	61.13	3.46	$15,870
Jun 2009	0	1,742	66.16	3.90	$6,785
May 2009	1	1,635	54.74	3.93	$6,473
Apr 2009	0	1,704	46.77	3.59	$6,113
Mar 2009	167	4,376	42.14	4.06	$24,800
Feb 2009	0	1,734	32.81	4.63	$8,034
Jan 2009	0	3,827	35.86	5.37	$20,555
Dec 2008	182	3,036	37.10	5.98	$24,899
Nov 2008	2	2,972	55.49	6.86	$20,500
Oct 2008	1	3,316	75.24	6.92	$23,029
Sep 2008	175	2,726	101.76	7.88	$39,281
Aug 2008	1	2,587	114.22	8.48	$22,060
Jul 2008	181	5,460	131.08	11.39	$85,912
Jun 2008	178	9,548	131.33	13.03	$147,812
May 2008	1	2,891	123.17	11.57	$33,584
Apr 2008	1	2,006	110.31	10.45	$21,083
Mar 2008	182	1,877	101.90	9.66	$36,685
Feb 2008	0	1,772	92.53	8.77	$15,541
Jan 2008	0	1,808	90.38	8.21	$14,836
Dec 2007	0	1,440	88.33	7.30	$10,515
Nov 2007	0	2,028	91.67	7.29	$14,788
Oct 2007	170	2,103	82.85	6.92	$28,641
Sep 2007	0	2,099	75.84	6.24	$13,106
Aug 2007	0	768	69.06	6.39	$4,906
Jul 2007	157	398	70.90	6.39	$13,674
Jun 2007	0	1,358	62.00	7.55	$10,251
May 2007	0	1,653	58.74	7.85	$12,970
Apr 2007	171	2,449	59.61	7.81	$29,308
Mar 2007	0	2,540	56.92	7.30	$18,547
Feb 2007	163	2,215	55.10	8.22	$27,180
Jan 2007	0	2,915	50.30	6.73	$19,609
Dec 2006	178	2,843	56.65	6.92	$29,753
Nov 2006	182	3,307	54.20	7.62	$35,055
Oct 2006	0	3,245	54.90	6.01	$19,515
Sep 2006	181	2,926	60.08	5.04	$25,613
Aug 2006	180	3,340	68.71	7.34	$36,883
Jul 2006	0	3,998	69.37	6.34	$25,358
Jun 2006	184	4,700	66.28	6.38	$42,200
May 2006	185	5,111	66.01	6.42	$45,050
Apr 2006	180	5,796	64.39	7.36	$54,252
Mar 2006	370	6,165	56.70	7.08	$64,645
Feb 2006	10	3,673	57.59	7.75	$29,046
Jan 2006	340	5,957	60.59	8.93	$73,816
Dec 2005	193	4,566	54.94	13.42	$71,858
Nov 2005	205	5,381	54.69	10.59	$68,188
Oct 2005	204	6,064	58.34	13.80	$95,559
Sep 2005	182	7,298	61.45	12.08	$99,336
Aug 2005	202	9,819	61.51	9.80	$108,620
Jul 2005	372	11,617	55.69	7.84	$111,836
Jun 2005	5	9,650	52.33	7.38	$71,489

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 2015 — as filed, then multipliedworked

Condensate             0 bbl  × $ 48.15 =         $0
Gas                  647 Mcf  × $  2.95 =     $1,905

────────────────────────────────────────────────────
Month total                                   $1,905

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/220428 is the state's own key, not one this site invented.