GLICK RANCH

Operated by WADI OPERATING, LLC (P-5 100779) in the LOPEZ RANCH (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 279142District 04Field 548954002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Jan 2016 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
125
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 72 leases and 72 wells, and the rule below applies to all of them.

Discovered
2008-07-29
as the register files it
Field class
Gas
the register's own label
Between wells
660 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 2008-07-29.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 04/01/2009.

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 Gas112016-10-21218788
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
CondensateDisposition12,960 bbl$621,099
GasProduction367,205 Mcf$1,058,744
Total$1,679,843

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 26.9145, -98.1901. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.91448, -98.19014 · 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
100.0%
1 of 1 wells
Median depth
11,900 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 11,900 ft.

Completions filed
Jan 2016
1 of 1 wells
Plug dates filed
Mar 2026
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

42-04732517L 111,900 ftJan 2016Mar 2026Yes

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 (125)

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

125 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026200089.753.15$17,950
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 20250066.743.32$0
Jun 20250066.483.13$0
May 202501060.553.23$32
Apr 2025089562.363.54$3,171
Mar 2025098967.704.27$4,221
Feb 2025098070.884.34$4,254
Jan 2025092674.324.28$3,962
Dec 20241831,05168.993.12$15,906
Nov 2024085569.052.20$1,880
Oct 202401,07771.372.28$2,457
Sep 20241431,13969.612.36$12,647
Aug 2024091575.632.06$1,888
Jul 2024061679.932.15$1,322
Jun 202401,24678.082.63$3,282
May 202401,08078.812.20$2,374
Apr 202401,12684.451.66$1,868
Mar 2024098580.301.55$1,522
Feb 20241771,15176.091.78$15,521
Jan 202401,35273.023.30$4,458
Dec 202301,50271.262.61$3,921
Nov 20231732,35677.892.81$20,090
Oct 20231812,89085.443.09$24,387
Sep 20231852,85289.042.74$24,273
Aug 202304280.522.67$112
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023061678.122.24$1,378
Mar 202301,41672.852.39$3,389
Feb 202301,48575.112.47$3,662
Jan 202301,03276.533.39$3,496
Dec 202216175576.415.73$16,627
Nov 202201,24585.005.65$7,030
Oct 202201,72887.185.86$10,133
Sep 202201,45484.888.16$11,870
Aug 202201,49494.529.13$13,636
Jul 202200101.587.54$0
Jun 202202,570115.097.98$20,501
May 2022013109.378.43$110
Apr 20220323104.226.84$2,209
Mar 202201,769108.885.08$8,980
Feb 202201,34091.054.86$6,511
Jan 202201,34181.844.54$6,085
Dec 20211791,70271.323.90$19,403
Nov 202101,65777.435.24$8,677
Oct 202101,72579.795.71$9,856
Sep 202101,78169.865.35$9,530
Aug 20211702,08166.024.22$20,006
Jul 202103,02570.783.98$12,046
Jun 20211832,40969.493.38$20,861
May 202102,75763.483.02$8,320
Apr 20213697,60460.362.76$43,248
Mar 202102,59361.302.72$7,045
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020010816.921.81$196
Apr 202002314.751.80$42
Mar 202002,01630.341.86$3,742
Feb 202002,01349.881.98$3,987
Jan 20201912,08657.252.09$15,304
Dec 20191882,15759.012.30$16,064
Nov 201902,53855.302.75$6,981
Oct 20191912,11153.472.42$15,318
Sep 201902,16255.052.66$5,745
Aug 201902,25053.112.30$5,185
Jul 201902,32556.272.46$5,720
Jun 201902,29952.782.49$5,727
May 20191892,55858.482.74$18,062
Apr 201902,43062.632.75$6,684
Mar 201902,34856.803.06$7,190
Feb 201901,93550.852.79$5,403
Jan 20191952,46246.033.23$16,924
Dec 201802,68346.594.19$11,230
Nov 20181852,86352.934.24$21,923
Oct 201802,73561.443.40$9,294
Sep 20181912,60059.543.11$19,453
Aug 201803,05159.403.07$9,356
Jul 20181893,15665.142.93$21,564
Jun 201802,86960.183.08$8,828
May 20181953,06365.382.90$21,634
Apr 20181903,17363.842.90$21,334
Mar 201803,39261.222.79$9,453
Feb 201803,19861.782.77$8,846
Jan 201803,97362.874.01$15,929
Dec 20171924,07057.272.92$22,886
Nov 20171854,82355.423.12$25,293
Oct 201706,53549.292.98$19,498
Sep 20173695,69547.523.09$35,117
Aug 20170045.373.00$0
Jul 201702,97043.873.09$9,169
Jun 20171906,99342.493.09$29,662
May 20173775,59345.373.26$35,357
Apr 20173785,24947.933.21$34,975
Mar 201705,07346.772.98$15,136
Feb 201705,15350.452.95$15,215
Jan 20171986,46949.413.42$31,899
Dec 20163796,61448.763.72$43,103
Nov 20161898,17742.492.64$29,653
Oct 20163678,26046.193.09$42,477
Sep 20161856,47541.553.10$27,763
Aug 20163769,10041.442.92$42,193
Jul 201637910,36041.622.92$46,070
Jun 201657711,21245.352.69$56,280
May 201657611,85742.521.99$48,099
Apr 201676513,56836.561.99$54,983
Mar 201676822,39433.011.79$65,527
Feb 20161,72841,24226.472.06$130,848
Jan 201657416,79627.352.36$55,411

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.

Mar 2026 — as filed, then multipliedworked
Condensate           200 bbl  × $ 89.75 =    $17,950
Gas                    0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $17,950

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/279142 is the state's own key, not one this site invented.