WESTAG CORP.

Operated by FARGO OIL & GAS, LLC (P-5 261666) in the NICHOLS (2800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 12278District 04Field 65440462NGPA filingGasSaveExport
Value, all time
$639 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1955-04-06
as the register files it
Field class
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: ALLOCATION FORMULA EFFECTIVE 09/01/2008.

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
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
GasProduction187,482 Mcf$639,042
Total$639,042

12,304 Mcf of this lease's gas, across 44 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 26.2643, -98.5394. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.26432, -98.53940 · 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
5,076 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 5,076 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-215003261 C5,076 ftJan 2008

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 (401)

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

401 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 202277585.005.65$4,376
Oct 20221,14787.185.86$6,726
Sep 20221,35984.888.16$11,094
Aug 202271494.529.13$6,517
Jul 2022800101.587.54$6,034
Jun 2022820115.097.98$6,541
May 20221,767109.378.43$14,901
Apr 20221,196104.226.84$8,178
Mar 2022729108.885.08$3,701
Feb 202252791.054.86$2,561
Jan 202261181.844.54$2,773
Dec 202180971.323.90$3,154
Nov 202196977.435.24$5,075
Oct 202152279.795.71$2,983
Sep 202167169.865.35$3,590
Aug 202139766.024.22$1,676
Jul 202146670.783.98$1,856
Jun 202187969.493.38$2,972
May 202160063.483.02$1,811
Apr 202163260.362.76$1,743
Mar 202183861.302.72$2,277
Feb 202153457.805.55$2,963
Jan 202165350.412.81$1,835
Dec 20201,33544.642.68$3,572
Nov 202080138.772.71$2,168
Oct 202087836.972.48$2,176
Sep 2020037.091.99$0
Aug 202037239.982.39$887
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 202068316.921.81$1,239
Apr 20201614.751.80$29
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 20201,52357.252.09$3,190
Dec 20191,51859.012.30$3,498
Nov 20191,14455.302.75$3,147
Oct 20191,14353.472.42$2,764
Sep 20191,18455.052.66$3,146
Aug 20191,04953.112.30$2,417
Jul 20191,05456.272.46$2,593
Jun 20191,28852.782.49$3,209
May 20191,34858.482.74$3,694
Apr 20191,45562.632.75$4,002
Mar 20191,57456.803.06$4,820
Feb 20191,23550.852.79$3,448
Jan 20191,54546.033.23$4,988
Dec 20181,07046.594.19$4,478
Nov 20181,38052.934.24$5,847
Oct 20181,65561.443.40$5,624
Sep 20181,48059.543.11$4,600
Aug 20181,65459.403.07$5,072
Jul 20181,63065.142.93$4,779
Jun 20181,60260.183.08$4,929
May 20181,70365.382.90$4,940
Apr 20181,48163.842.90$4,296
Mar 20181,61261.222.79$4,492
Feb 20181,72661.782.77$4,774
Jan 20181,39162.874.01$5,577
Dec 20171,50057.272.92$4,382
Nov 20171,37755.423.12$4,294
Oct 20171,66749.292.98$4,974
Sep 20171,50647.523.09$4,649
Aug 20171,16845.373.00$3,509
Jul 20171,76543.873.09$5,449
Jun 20171,90842.493.09$5,891
May 20172,14945.373.26$7,013
Apr 201724847.933.21$796
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 201745849.413.42$1,566
Dec 201611648.763.72$432
Nov 20161,64542.492.64$4,350
Oct 20161,87546.193.09$5,794
Sep 20161,31041.553.10$4,062
Aug 20161,65341.442.92$4,834
Jul 20161,78241.622.92$5,211
Jun 20161,44345.352.69$3,876
May 20161,83942.521.99$3,662
Apr 20161,13436.561.99$2,258
Mar 20161,56633.011.79$2,809
Feb 20161,74226.472.06$3,595
Jan 20161,90127.352.36$4,495
Dec 20152,07632.362.00$4,155
Nov 20151,87638.792.17$4,066
Oct 20151,83843.552.43$4,460
Sep 20151,42642.992.76$3,934
Aug 20151,42640.162.87$4,096
Jul 20151,99648.152.95$5,878
Jun 20152,01256.152.88$5,800
May 20151,91255.212.96$5,651
Apr 20152,03249.822.71$5,500
Mar 20152,24342.892.93$6,583
Feb 20151,69644.662.98$5,048
Jan 20152,27843.433.10$7,063
Dec 20142,29254.693.59$8,231
Nov 20142,24070.464.25$9,524
Oct 20142,47678.303.90$9,659
Sep 20142,33486.164.05$9,442
Aug 20142,33289.394.04$9,410
Jul 20142,41696.564.18$10,098
Jun 20142,46298.164.74$11,662
May 20142,65994.734.73$12,568
Apr 20143,10895.944.81$14,947
Mar 20143,21095.895.06$16,232
Feb 20142,51197.406.19$15,548
Jan 20143,10790.404.86$15,102
Dec 20132,82691.824.35$12,306
Nov 201339088.853.74$1,458
Oct 20133,37097.423.78$12,736
Sep 20132,846104.113.72$10,581
Aug 20133,795104.253.52$13,368
Jul 20133,747102.523.72$13,930
Jun 20133,51694.403.93$13,830
May 20133,64494.834.15$15,119
Apr 20134,44993.964.28$19,053
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 200716288.337.30$1,183
Nov 20073891.677.29$277
Oct 20076282.856.92$429
Sep 20071375.846.24$81
Aug 20078669.066.39$549
Jul 200722570.906.39$1,437
Jun 20076062.007.55$453
May 20076558.747.85$510
Apr 200718459.617.81$1,436
Mar 200719556.927.30$1,424
Feb 200720255.108.22$1,660
Jan 200720050.306.73$1,345
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 2001018.072.41$0
Oct 2001019.782.53$0
Sep 2001024.262.25$0
Aug 2001024.873.05$0
Jul 2001023.933.20$0
Jun 2001024.563.82$0
May 2001025.524.31$0
Apr 2001024.685.34$0
Mar 2001024.545.38$0
Feb 2001027.755.77$0
Jan 2001027.478.40$0
Dec 2000026.889.12$0
Nov 2000032.215.66$0
Oct 2000031.235.15$0
Sep 2000031.875.19$0
Aug 2000029.644.54$0
Jul 2000028.534.09$0
Jun 2000029.304.40$0
May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 1999023.192.43$0
Oct 1999020.982.80$0
Sep 1999021.752.62$0
Aug 1999019.262.88$0
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 1999015.792.32$0
Apr 1999015.102.21$0
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 1998012.592.08$0
Aug 19982511.301.91$48
Jul 199824011.742.24$537
Jun 199824011.242.24$537
May 199815012.622.21$331
Apr 1998013.042.51$0
Mar 1998012.802.31$0
Feb 1998013.952.30$0
Jan 1998014.702.15$0
Dec 199710016.322.41$241
Nov 199712518.193.09$386
Oct 199715019.253.15$472
Sep 1997017.742.95$0
Aug 1997017.862.55$0
Jul 199715017.582.25$337
Jun 19973017.242.26$68
May 1997018.972.31$0
Apr 1997017.882.08$0
Mar 19976018.951.94$116
Feb 19979020.492.21$199
Jan 19978923.483.54$315
Dec 19967523.32$0
Nov 19965021.97$0
Oct 19965023.31$0
Sep 199610022.22$0
Aug 199612020.26$0
Jul 19965019.55$0
Jun 19965018.73$0
May 19962019.43$0
Apr 1996021.51$0
Mar 199610019.38$0
Feb 199611016.98$0
Jan 199612917.07$0
Dec 19954917.19$0
Nov 19956516.00$0
Oct 199511415.43$0
Sep 199510016.18$0
Aug 199552015.92$0
Jul 199537515.24$0
Jun 199535016.41$0
May 199535017.56$0
Apr 199537517.73$0
Mar 199533016.44$0
Feb 199546116.58$0
Jan 199526015.92$0
Dec 199426615.03$0
Nov 1994015.90$0
Oct 199426015.58$0
Sep 199439115.29$0
Aug 199439116.13$0
Jul 199432717.56$0
Jun 199430017.09$0
May 199430015.88$0
Apr 1994014.14$0
Mar 1994012.46$0
Feb 199421012.50$0
Jan 199421112.66$0
Dec 199318212.33$0
Nov 199319714.49$0
Oct 199327015.85$0
Sep 19939615.03$0
Aug 199311215.66$0
Jul 199375215.46$0
Jun 199372116.79$0
May 199368717.68$0
Apr 199363118.05$0
Mar 199363818.14$0
Feb 199355717.90$0
Jan 199360216.93$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.

Nov 2022 — as filed, then multipliedworked
Gas                  775 Mcf  × $  5.65 =     $4,376

────────────────────────────────────────────────────
Month total                                   $4,376

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. 04/G/12278 is the state's own key, not one this site invented.