VILLARREAL

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

Gas lease lease 127258District 04Field 48630030CondensateGasSaveExport
Value, all time
$1.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$33
at the published price for each month
Months reported
401
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 157 leases and 236 wells, and the rule below applies to all of them.

Discovered
1999-12-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1999-12-21.

The Commission's schedule remark for this field reads: FORMULA WAS APPROVED PER DOC. NO. 04-0235957.

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
CondensateDisposition2,866 bbl$153,051
GasProduction266,949 Mcf$938,695
Total$1,091,746

72,043 Mcf of this lease's gas, across 42 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 26.7359, -98.3892. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.73593, -98.38922 · 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
6,700 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 6,700 ft.

Completions filed
May 1988
1 of 1 wells

1 well

42-42700397136,700 ftMay 1988

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202501066.743.32$33
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 202406084.451.66$100
Mar 202409180.301.55$141
Feb 202405276.091.78$93
Jan 202408773.023.30$287
Dec 202306771.262.61$175
Nov 202307677.892.81$213
Oct 2023016785.443.09$516
Sep 2023010789.042.74$293
Aug 202306780.522.67$179
Jul 202305774.852.64$151
Jun 202301268.962.26$27
May 202306870.622.23$151
Apr 202304278.122.24$94
Mar 2023013572.852.39$323
Feb 202302675.112.47$64
Jan 20230076.533.39$0
Dec 202203676.415.73$206
Nov 2022010885.005.65$610
Oct 2022011587.185.86$674
Sep 2022016184.888.16$1,314
Aug 202204094.529.13$365
Jul 20220102101.587.54$769
Jun 20220172115.097.98$1,372
May 20220154109.378.43$1,299
Apr 2022056104.226.84$383
Mar 20220102108.885.08$518
Feb 202208791.054.86$423
Jan 2022012381.844.54$558
Dec 2021031771.323.90$1,236
Nov 2021018777.435.24$979
Oct 202109379.795.71$531
Sep 202106969.865.35$369
Aug 202108366.024.22$350
Jul 202106270.783.98$247
Jun 202103769.493.38$125
May 202108863.483.02$266
Apr 202108160.362.76$223
Mar 2021014861.302.72$402
Feb 20210957.805.55$50
Jan 2021016350.412.81$458
Dec 2020013344.642.68$356
Nov 20200938.772.71$24
Oct 202001036.972.48$25
Sep 2020022237.091.99$442
Aug 202006539.982.39$155
Jul 2020030338.371.83$553
Jun 2020028934.901.69$489
May 2020029016.921.81$526
Apr 2020028514.751.80$514
Mar 2020029130.341.86$540
Feb 2020028549.881.98$564
Jan 2020030757.252.09$643
Dec 2019028259.012.30$650
Nov 2019023755.302.75$652
Oct 2019028553.472.42$689
Sep 2019030255.052.66$803
Aug 2019030053.112.30$691
Jul 2019030256.272.46$743
Jun 2019031452.782.49$782
May 2019131458.482.74$919
Apr 2019128262.632.75$838
Mar 2019233456.803.06$1,136
Feb 2019426950.852.79$955
Jan 2019083946.033.23$2,708
Dec 2018144946.594.19$1,926
Nov 2018136552.934.24$1,600
Oct 2018145861.443.40$1,618
Sep 2018355359.543.11$1,897
Aug 2018551259.403.07$1,867
Jul 20181658065.142.93$2,743
Jun 20181538960.183.08$2,100
May 20182686665.382.90$4,212
Apr 20181512163.842.90$1,309
Mar 201801061.222.79$28
Feb 2018156661.782.77$1,627
Jan 2018267862.874.01$2,844
Dec 2017755557.272.92$2,022
Nov 2017161,01455.423.12$4,049
Oct 2017575049.292.98$2,484
Sep 201711,95347.523.09$6,077
Aug 201722,51245.373.00$7,638
Jul 201765,56843.873.09$17,453
Jun 2017263,60742.493.09$12,241
May 2017158,13645.373.26$27,232
Apr 2017252,48547.933.21$9,179
Mar 20173372846.772.98$3,716
Feb 20172162750.452.95$2,911
Jan 20172038449.413.42$2,301
Dec 20161969348.763.72$3,506
Nov 20161869942.492.64$2,613
Oct 20161968146.193.09$2,982
Sep 20161963241.553.10$2,749
Aug 20161974241.442.92$2,957
Jul 20162179941.622.92$3,211
Jun 20161290645.352.69$2,978
May 20163042.521.99$128
Apr 2016941836.561.99$1,161
Mar 20162076233.011.79$2,027
Feb 20161778226.472.06$2,064
Jan 20162782227.352.36$2,682
Dec 20151381332.362.00$2,048
Nov 20152283038.792.17$2,652
Oct 20152489843.552.43$3,224
Sep 20152185542.992.76$3,261
Aug 20152086540.162.87$3,288
Jul 20152788248.152.95$3,898
Jun 20152592356.152.88$4,065
May 2015231,20255.212.96$4,822
Apr 2015311,09449.822.71$4,505
Mar 2015231,06542.892.93$4,112
Feb 20152691444.662.98$3,881
Jan 20152294743.433.10$3,892
Dec 2014261,06654.693.59$5,250
Nov 20141992170.464.25$5,255
Oct 20141490078.303.90$4,607
Sep 20141388486.164.05$4,696
Aug 20142475889.394.04$5,204
Jul 2014691,50796.564.18$12,961
Jun 2014401,43798.164.74$10,733
May 2014291,10894.734.73$7,984
Apr 20140095.944.81$0
Mar 201406395.895.06$319
Feb 201479097.406.19$1,239
Jan 20141669590.404.86$4,825
Dec 20131135791.824.35$2,565
Nov 20131958388.853.74$3,868
Oct 2013111,25797.423.78$5,822
Sep 2013103,116104.113.72$12,626
Aug 201304,011104.253.52$14,129
Jul 2013025102.523.72$93
Jun 201302794.403.93$106
May 201303594.834.15$145
Apr 201303093.964.28$128
Mar 201303493.623.91$133
Feb 201302791.233.42$92
Jan 201302591.603.42$86
Dec 201202386.773.42$79
Nov 20121412386.953.62$1,663
Oct 20124623189.383.40$4,897
Sep 2012339994.672.92$3,413
Aug 201202892.662.91$81
Jul 2012013385.133.02$402
Jun 2012037079.822.52$932
May 201201891.612.49$45
Apr 2012014101.652.00$28
Mar 201200105.052.22$0
Feb 20120443101.102.57$1,139
Jan 20120098.092.73$0
Dec 2011017796.873.24$573
Nov 20110095.723.31$0
Oct 20112084.983.65$170
Sep 2011124883.623.99$1,072
Aug 201102983.404.15$120
Jul 201106194.144.52$276
Jun 20110092.904.64$0
May 201122498.134.40$302
Apr 2011252105.964.33$437
Mar 2011018696.364.06$755
Feb 2011051385.644.18$2,144
Jan 2011088286.504.59$4,047
Dec 2010046885.734.35$2,035
Nov 2010072180.843.80$2,736
Oct 2010071978.103.51$2,523
Sep 2010067772.633.98$2,694
Aug 2010079373.684.42$3,505
Jul 2010061472.554.74$2,908
Jun 2010029870.364.91$1,463
May 2010066271.124.24$2,804
Apr 2010032981.694.12$1,356
Mar 2010047178.394.39$2,067
Feb 2010040273.585.44$2,188
Jan 2010016874.365.96$1,002
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 200909672.544.11$395
Sep 20090065.543.06$0
Aug 2009010067.423.22$322
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20096054.743.93$328
Apr 20091226246.773.59$1,501
Mar 20092232542.144.06$2,246
Feb 20091431732.814.63$1,928
Jan 20091128535.865.37$1,925
Dec 20082042037.105.98$3,252
Nov 20082047155.496.86$4,341
Oct 20081322375.246.92$2,522
Sep 20089254101.767.88$2,917
Aug 200813461114.228.48$5,396
Jul 200815459131.0811.39$7,194
Jun 200812497131.3313.03$8,053
May 20087244123.1711.57$3,686
Apr 200814509110.3110.45$6,866
Mar 20084189101.909.66$2,234
Feb 20081354092.538.77$5,939
Jan 2008722690.388.21$2,487
Dec 20071036888.337.30$3,570
Nov 20071540791.677.29$4,343
Oct 20071653382.856.92$5,015
Sep 20071560675.846.24$4,922
Aug 20072550669.066.39$4,959
Jul 20073562370.906.39$6,461
Jun 20072758462.007.55$6,082
May 20073074858.747.85$7,631
Apr 20071549759.617.81$4,773
Mar 2007923456.927.30$2,221
Feb 20072854455.108.22$6,012
Jan 20072474150.306.73$6,192
Dec 20063172056.656.92$6,737
Nov 20062667754.207.62$6,566
Oct 20062274254.906.01$5,670
Sep 20062675860.085.04$5,380
Aug 2006231,05268.717.34$9,302
Jul 200691,02869.376.34$7,145
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20064064.397.36$258
Mar 2006197556.707.08$1,609
Feb 20062660657.597.75$6,195
Jan 20061928960.598.93$3,733
Dec 2005501,00854.9413.42$16,270
Nov 2005341,00154.6910.59$12,458
Oct 2005371,38858.3413.80$21,307
Sep 2005451,06761.4512.08$15,654
Aug 2005341,23261.519.80$14,161
Jul 2005221,39055.697.84$12,128
Jun 2005431,55252.337.38$13,706
May 2005131,18145.226.65$8,443
Apr 200510049.207.36$492
Mar 20052553350.377.15$5,073
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 20049043.245.28$389
Aug 20041557142.375.55$3,805
Jul 2004221,23638.286.08$8,362
Jun 2004241,11536.106.43$8,039
May 2004261,24637.486.49$9,067
Apr 2004251,27534.475.86$8,331
Mar 2004271,38134.365.53$8,565
Feb 20042352232.455.51$3,622
Jan 20041965632.036.30$4,741
Dec 20033969230.266.30$5,541
Nov 20032465428.804.60$3,696
Oct 20032470028.174.76$4,008
Sep 20031971626.314.75$3,900
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20026024.664.14$148
Oct 20022133326.464.23$1,964
Sep 20023593527.443.64$4,359
Aug 2002271,09625.963.16$4,169
Jul 20022187024.583.06$3,180
Jun 2002261,06023.733.34$4,156
May 20022393724.663.58$3,925
Apr 20022392223.653.51$3,782
Mar 20021448122.003.10$1,800
Feb 2002023818.222.38$565
Jan 2002042517.172.38$1,010
Dec 2001027616.932.36$653
Nov 200103018.072.41$72
Oct 2001012919.782.53$326
Sep 2001029624.262.25$666
Aug 2001031524.873.05$962
Jul 2001030523.933.20$975
Jun 2001029324.563.82$1,120
May 2001028425.524.31$1,223
Apr 2001022224.685.34$1,184
Mar 20019024.545.38$221
Feb 20014114627.755.77$1,980
Jan 200152,75127.478.40$23,242
Dec 2000113,96726.889.12$36,485
Nov 200098,09932.215.66$46,114
Oct 2000321,34531.235.15$109,924
Sep 2000115,59831.875.19$80,931
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 199705018.972.31$115
Apr 1997051617.882.08$1,075
Mar 1997054518.951.94$1,057
Feb 1997039920.492.21$880
Jan 1997042323.483.54$1,497
Dec 1996045423.32$0
Nov 1996037021.97$0
Oct 1996044323.31$0
Sep 1996051722.22$0
Aug 1996040220.26$0
Jul 1996041219.55$0
Jun 1996039618.73$0
May 1996063019.43$0
Apr 1996041321.51$0
Mar 1996048219.38$0
Feb 1996150816.98$17
Jan 1996281317.07$34
Dec 1995181317.19$17
Nov 1995184416.00$16
Oct 1995093415.43$0
Sep 1995290616.18$32
Aug 199531,01215.92$48
Jul 1995589815.24$76
Jun 199551,03016.41$82
May 199531,27417.56$53
Apr 1995094217.73$0
Mar 1995699416.44$99
Feb 199591,18716.58$149
Jan 1995121,61115.92$191
Dec 199491,92715.03$135
Nov 199442,95015.90$64
Oct 199412,87015.58$16
Sep 199453,39415.29$76
Aug 199493,92216.13$145
Jul 199495,74717.56$158
Jun 199475,95217.09$120
May 1994138,65315.88$206
Apr 1994259,11114.14$354
Mar 1994155,56012.46$187
Feb 19940012.50$0
Jan 1994022712.66$0
Dec 1993057612.33$0
Nov 199301214.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 1993010817.68$0
Apr 1993068418.05$0
Mar 1993263218.14$36
Feb 1993480017.90$72
Jan 1993463316.93$68

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 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.74 =         $0
Gas                   10 Mcf  × $  3.32 =        $33

────────────────────────────────────────────────────
Month total                                      $33

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/127258 is the state's own key, not one this site invented.