TRI-JEB

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

Gas lease lease 274133District 03Field 20254550CondensateGasSaveExport
Value, all time
$34.3 M
Jul 2013 – Apr 2016
Value, last 12 filed months
$990 k
at the published price for each month
Months reported
34
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 25 leases and 25 wells, and the rule below applies to all of them.

Discovered
1981-06-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 06/01/2002.

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
CondensateDisposition262,166 bbl$24,037,172
GasProduction2,514,388 Mcf$10,241,579
Total$34,278,751

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 30.0549, -94.2925. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.05492, -94.29248 · 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
0.0%
0 of 1 wells
Median depth
15,342 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
1100.0%
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.
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 15,342 ft.

Completions filed
Apr 2016
1 of 1 wells

1 well

42-245326991ST15,342 ftApr 2016Yes

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 (34)

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

34 months

Apr 2016168036.561.99$6,142
Mar 2016205033.011.79$6,767
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201580712,34838.792.17$58,066
Oct 201596026,98543.552.43$107,289
Sep 20151,32528,21042.992.76$134,777
Aug 20151,17229,84840.162.87$132,806
Jul 20151,24930,39348.152.95$149,649
Jun 20151,53533,88856.152.88$183,885
May 20151,93934,92055.212.96$210,257
Apr 20151,93838,91449.822.71$201,875
Mar 20152,45541,09342.892.93$225,891
Feb 20152,33235,27644.662.98$209,135
Jan 20152,61841,11143.433.10$241,170
Dec 20142,67643,89354.693.59$303,986
Nov 20143,06840,43170.464.25$388,077
Oct 20144,00555,13678.303.90$528,675
Sep 20144,31362,53386.164.05$624,582
Aug 20145,38069,11289.394.04$759,793
Jul 20146,79878,87996.564.18$986,098
Jun 20147,52183,25798.164.74$1,132,640
May 20149,50593,58694.734.73$1,342,748
Apr 201412,751117,64795.944.81$1,789,109
Mar 201416,084142,58495.895.06$2,263,314
Feb 201415,918125,91997.406.19$2,330,104
Jan 201419,970158,31490.404.86$2,574,808
Dec 201323,945204,56491.824.35$3,089,400
Nov 201326,261207,41188.853.74$3,108,650
Oct 201326,067203,93097.423.78$3,310,172
Sep 201326,319207,026104.113.72$3,509,740
Aug 201326,876213,784104.253.52$3,554,901
Jul 20136,00653,396102.523.72$814,248

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.

Apr 2016 — as filed, then multipliedworked
Condensate           168 bbl  × $ 36.56 =     $6,142
Gas                    0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                   $6,142

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/274133 is the state's own key, not one this site invented.