HEARD

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

Gas lease lease 256318District 04Field 507006202 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
May 2010 – May 2026
Value, last 12 filed months
$109 k
at the published price for each month
Months reported
193
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 118 leases and 118 wells, and the rule below applies to all of them.

Discovered
1995-04-25
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2006-03-28.

The Commission's schedule remark for this field reads: TEST, THE PREVIOUS TEST MUST BE USED.

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
High Cost Gas112010-11-17200388
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
CondensateDisposition23,626 bbl$1,805,229
GasProduction798,065 Mcf$2,934,292
Total$4,739,522

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 26.5778, -98.4954. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.57780, -98.49537 · 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
9,600 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 9,600 ft.

Completions filed
Jun 2010
1 of 1 wells

1 well

42-42734498129,600 ftJun 2010

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 (193)

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

193 months

May 202601,554106.413.05$4,733
Apr 20261121,55998.932.87$15,554
Mar 202601,87789.753.15$5,912
Feb 202601,40463.503.75$5,265
Jan 2026981,40559.138.00$17,032
Dec 2025331,62656.664.41$9,046
Nov 202501,68758.593.93$6,624
Oct 2025701,78859.383.30$10,066
Sep 2025332,81762.743.08$10,738
Aug 202501,73263.933.01$5,222
Jul 20251171,70566.743.32$13,461
Jun 202501,59066.483.13$4,975
May 2025591,65160.553.23$8,909
Apr 202501,63862.363.54$5,804
Mar 2025851,58667.704.27$12,524
Feb 202501,33470.884.34$5,791
Jan 2025661,31374.324.28$10,523
Dec 202401,46168.993.12$4,560
Nov 2024451,61569.052.20$6,658
Oct 2024541,63371.372.28$7,580
Sep 2024161,52669.612.36$4,722
Aug 202401,65675.632.06$3,417
Jul 2024921,69079.932.15$10,981
Jun 202401,68878.082.63$4,446
May 2024791,64178.812.20$9,834
Apr 202401,68084.451.66$2,787
Mar 20241241,68880.301.55$12,565
Feb 202401,55376.091.78$2,770
Jan 20241351,60473.023.30$15,147
Dec 202301,63971.262.61$4,279
Nov 202301,57677.892.81$4,425
Oct 202301,71285.443.09$5,285
Sep 20231501,71389.042.74$18,041
Aug 202301,78580.522.67$4,771
Jul 202302,02374.852.64$5,344
Jun 20231711,68068.962.26$15,586
May 202301,85770.622.23$4,136
Apr 2023073878.122.24$1,651
Mar 202301,71172.852.39$4,095
Feb 202301,70375.112.47$4,199
Jan 20231661,95476.533.39$19,324
Dec 202201,91376.415.73$10,960
Nov 202201,76085.005.65$9,937
Oct 20221681,84187.185.86$25,441
Sep 202201,79084.888.16$14,613
Aug 202201,97594.529.13$18,026
Jul 20221621,930101.587.54$31,012
Jun 202202,119115.097.98$16,904
May 20221542,168109.378.43$35,126
Apr 202202,064104.226.84$14,113
Mar 20221422,103108.885.08$26,137
Feb 202201,88591.054.86$9,159
Jan 202201,97581.844.54$8,962
Dec 20211551,82871.323.90$18,182
Nov 202101,97077.435.24$10,317
Oct 202102,13179.795.71$12,176
Sep 20211621,95569.865.35$21,778
Aug 202102,13866.024.22$9,024
Jul 202102,16570.783.98$8,621
Jun 20211602,08869.493.38$18,177
May 202102,08363.483.02$6,286
Apr 20211682,09160.362.76$15,908
Mar 202102,09161.302.72$5,681
Feb 202101,96957.805.55$10,924
Jan 20211672,06450.412.81$14,219
Dec 202002,18644.642.68$5,849
Nov 202002,05838.772.71$5,570
Oct 20201312,04436.972.48$9,909
Sep 202001,98237.091.99$3,946
Aug 20201552,02139.982.39$11,017
Jul 202001,93338.371.83$3,528
Jun 202001,94134.901.69$3,281
May 202002,17016.921.81$3,938
Apr 2020922,15414.751.80$5,244
Mar 20201702,16030.341.86$9,167
Feb 202002,13849.881.98$4,235
Jan 202002,39657.252.09$5,019
Dec 20191632,32359.012.30$14,972
Nov 201902,27555.302.75$6,258
Oct 20191692,44153.472.42$14,940
Sep 201902,33955.052.66$6,215
Aug 201902,19453.112.30$5,056
Jul 20191722,23256.272.46$15,169
Jun 201902,42152.782.49$6,031
May 20191562,34758.482.74$15,554
Apr 201902,16762.632.75$5,961
Mar 201902,30656.803.06$7,061
Feb 20191792,05550.852.79$14,840
Jan 201902,42346.033.23$7,822
Dec 2018782,25046.594.19$13,051
Nov 20181792,51952.934.24$20,148
Oct 201802,21061.443.40$7,510
Sep 201802,20259.543.11$6,844
Aug 20181772,62559.403.07$18,564
Jul 201802,69065.142.93$7,887
Jun 201802,42460.183.08$7,458
May 20181832,50565.382.90$19,231
Apr 201802,76163.842.90$8,009
Mar 20181682,97661.222.79$18,579
Feb 201802,80561.782.77$7,759
Jan 201802,73362.874.01$10,957
Dec 20171363,21357.272.92$17,176
Nov 20171833,31255.423.12$20,470
Oct 201703,61249.292.98$10,777
Sep 201703,61947.523.09$11,173
Aug 20171782,41445.373.00$15,328
Jul 201702,97743.873.09$9,191
Jun 201702,96542.493.09$9,154
May 20171743,09045.373.26$17,978
Apr 201703,13847.933.21$10,078
Mar 20171793,26146.772.98$18,102
Feb 2017712,57050.452.95$11,170
Jan 201702,88049.413.42$9,846
Dec 20161792,78948.763.72$19,111
Nov 201603,32642.492.64$8,795
Oct 20161843,21746.193.09$18,440
Sep 201603,38741.553.10$10,502
Aug 20161943,08041.442.92$17,046
Jul 201632,94441.622.92$8,734
Jun 20161783,08545.352.69$16,358
May 201613,58342.521.99$7,176
Apr 201603,66236.561.99$7,291
Mar 20161943,60233.011.79$12,866
Feb 201603,13326.472.06$6,465
Jan 20161953,64427.352.36$13,949
Dec 201523,87232.362.00$7,814
Nov 20151913,82538.792.17$15,699
Oct 201504,05543.552.43$9,840
Sep 20151864,41542.992.76$20,175
Aug 201504,90040.162.87$14,075
Jul 201565,50248.152.95$16,493
Jun 20151947,15956.152.88$31,531
May 201506,61355.212.96$19,544
Apr 20151948,49349.822.71$32,652
Mar 20151934,76342.892.93$22,256
Feb 20151962,80444.662.98$17,099
Jan 201502,85143.433.10$8,840
Dec 20141954,09554.693.59$25,371
Nov 20141954,04870.464.25$30,951
Oct 201403,63278.303.90$14,168
Sep 20141933,49086.164.05$30,747
Aug 20141893,79689.394.04$32,212
Jul 20141963,66696.564.18$34,248
Jun 201403,63998.164.74$17,238
May 20141913,93094.734.73$36,669
Apr 20141933,82595.944.81$36,911
Mar 20141644,50395.895.06$38,497
Feb 20141943,69797.406.19$41,787
Jan 20141962,56690.404.86$30,191
Dec 20131803,58691.824.35$32,143
Nov 201303,63088.853.74$13,570
Oct 20131934,32097.423.78$35,129
Sep 20131924,123104.113.72$35,317
Aug 20133864,128104.253.52$54,782
Jul 201304,351102.523.72$16,176
Jun 20131884,40094.403.93$35,054
May 20131944,50094.834.15$37,068
Apr 20131944,92693.964.28$39,324
Mar 20131914,63293.623.91$36,006
Feb 20131954,31491.233.42$32,543
Jan 20131964,61391.603.42$33,730
Dec 20121925,12186.773.42$34,174
Nov 20121934,47686.953.62$33,007
Oct 20121934,91389.383.40$33,953
Sep 20121904,72094.672.92$31,762
Aug 20121825,01092.662.91$31,434
Jul 20121755,42185.133.02$31,274
Jun 20121865,38879.822.52$28,419
May 20121735,08591.612.49$28,502
Apr 20123785,429101.652.00$49,264
Mar 20121955,940105.052.22$33,684
Feb 20123865,645101.102.57$53,534
Jan 20121936,33498.092.73$36,249
Dec 20111907,27096.873.24$41,958
Nov 20113676,16595.723.31$55,543
Oct 20113467,58984.983.65$57,092
Sep 20111906,14483.623.99$40,377
Aug 20113777,83783.404.15$63,960
Jul 20111829,26194.144.52$58,968
Jun 201133510,37792.904.64$79,270
May 20112839,89398.134.40$71,348
Apr 201128413,698105.964.33$89,450
Mar 201120012,71296.364.06$70,849
Feb 201129310,53685.644.18$69,133
Jan 201139211,44386.504.59$86,417
Dec 201037313,33585.734.35$89,955
Nov 201049815,40880.843.80$98,737
Oct 201070221,91978.103.51$131,738
Sep 201070127,68372.633.98$161,077
Aug 201088934,47573.684.42$217,859
Jul 20101,62558,49672.554.74$394,959
Jun 201022214,68170.364.91$87,710
May 201004,20271.124.24$17,796

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,554 Mcf  × $  3.05 =     $4,733

────────────────────────────────────────────────────
Month total                                   $4,733

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/256318 is the state's own key, not one this site invented.