SOUTHWEST TEXAS CORPORATION

Name: SOUTHWEST TEXAS CORPORATION lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Oil lease lease 1625District 04Field 54762001OilCasinghead gasSave Export

Value, all time

$433 k

Jan 1993 – Jul 2016

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

283

no gaps in the span

Streams

oil, casinghead gas

The LONGHORN, SOUTH field

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 15 wells, and the rule below applies to all of them.

Discovered

1958-02-24

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 04/01/2001.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	11,398 bbl	$432,127
Casinghead gas	Production	124 Mcf	$537
Total			$432,664

8 Mcf of this lease's gas, across 8 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 (9)

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 27.4543, -98.4531. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles. 6 wells have no surveyed location and are left out of it.

27.45392, -98.45335 · centre of 3 wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

9 of 9 wells

With a plug date

33.3%

3 of 9 wells

Median depth

5,804 ft

3 wells filed one

Completion to plug

31.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

9100.0%

A plug date is filed

333.3%

BothOn the schedule and plugged. Neither fact cancels the other.

333.3%

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

Total depth in feet, 3 of 9 wells. Median 5,804 ft, with the middle half between 5,070 and 5,822 ft; the shallowest is 4,336 ft and the deepest 5,840 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 1 of 9 wells, Mar 1985. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Mar 1985

1 of 9 wells; 8 filed none

Plug dates filed

Oct 1994 – Jul 2016

3 of 9 wells; 6 filed none

Last completion to plug: a median of 31.3 years across the 1 well that filed both dates, with the middle half between 31.3 years and 31.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

9 wells


42-13109442	6	5,804 ft	—	Oct 1994	Yes
42-13109444	8	4,336 ft	—	Oct 1997	Yes
42-13180891	1	—	—	—	Yes
42-13180892	2 C	—	—	—	Yes
42-13180893	2 T	—	—	—	Yes
42-13180894	3 T	—	—	—	Yes
42-13180897	11	—	—	—	Yes
42-13180898	12	—	—	—	Yes
42-13109439	21	5,840 ft	Mar 1985	Jul 2016	Yes

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 (283)

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

283 months


Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	118	0	33.01	1.79	$3,895
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	36	0	44.66	2.98	$1,608
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	181	0	72.55	4.74	$13,132
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	141	0	74.59	3.75	$10,517
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	183	0	65.54	3.06	$11,994
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	356	0	61.13	3.46	$21,762
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	177	0	46.77	3.59	$8,278
Mar 2009	364	0	42.14	4.06	$15,339
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	183	0	131.33	13.03	$24,033
May 2008	176	0	123.17	11.57	$21,678
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	180	0	101.90	9.66	$18,342
Feb 2008	72	0	92.53	8.77	$6,662
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	176	0	75.84	6.24	$13,348
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	43	0	70.90	6.39	$3,049
Jun 2007	0	0	62.00	7.55	$0
May 2007	91	0	58.74	7.85	$5,345
Apr 2007	123	0	59.61	7.81	$7,332
Mar 2007	105	0	56.92	7.30	$5,977
Feb 2007	120	0	55.10	8.22	$6,612
Jan 2007	98	0	50.30	6.73	$4,929
Dec 2006	185	0	56.65	6.92	$10,480
Nov 2006	170	0	54.20	7.62	$9,214
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	164	1	60.08	5.04	$9,858
Aug 2006	0	1	68.71	7.34	$7
Jul 2006	0	1	69.37	6.34	$6
Jun 2006	0	1	66.28	6.38	$6
May 2006	0	1	66.01	6.42	$6
Apr 2006	0	1	64.39	7.36	$7
Mar 2006	178	1	56.70	7.08	$10,100
Feb 2006	0	1	57.59	7.75	$8
Jan 2006	0	1	60.59	8.93	$9
Dec 2005	0	1	54.94	13.42	$13
Nov 2005	156	1	54.69	10.59	$8,542
Oct 2005	158	1	58.34	13.80	$9,232
Sep 2005	0	1	61.45	12.08	$12
Aug 2005	0	1	61.51	9.80	$10
Jul 2005	177	1	55.69	7.84	$9,865
Jun 2005	0	1	52.33	7.38	$7
May 2005	0	1	45.22	6.65	$7
Apr 2005	0	1	49.20	7.36	$7
Mar 2005	0	1	50.37	7.15	$7
Feb 2005	0	1	45.22	6.31	$6
Jan 2005	0	1	43.16	6.32	$6
Dec 2004	0	1	39.86	6.75	$7
Nov 2004	0	1	45.28	6.33	$6
Oct 2004	163	1	49.70	6.52	$8,108
Sep 2004	0	1	43.24	5.28	$5
Aug 2004	0	1	42.37	5.55	$6
Jul 2004	169	1	38.28	6.08	$6,475
Jun 2004	0	1	36.10	6.43	$6
May 2004	153	1	37.48	6.49	$5,741
Apr 2004	0	1	34.47	5.86	$6
Mar 2004	0	1	34.36	5.53	$6
Feb 2004	0	1	32.45	5.51	$6
Jan 2004	0	1	32.03	6.30	$6
Dec 2003	0	1	30.26	6.30	$6
Nov 2003	175	1	28.80	4.60	$5,045
Oct 2003	0	1	28.17	4.76	$5
Sep 2003	172	1	26.31	4.75	$4,530
Aug 2003	0	1	29.76	5.13	$5
Jul 2003	0	1	29.41	5.17	$5
Jun 2003	153	1	28.56	5.98	$4,376
May 2003	178	1	26.59	5.97	$4,739
Apr 2003	0	1	26.67	5.41	$5
Mar 2003	180	1	31.14	6.10	$5,611
Feb 2003	0	1	33.48	7.93	$8
Jan 2003	172	1	30.31	5.58	$5,219
Dec 2002	0	1	26.91	4.85	$5
Nov 2002	0	1	24.66	4.14	$4
Oct 2002	0	1	26.46	4.23	$4
Sep 2002	0	1	27.44	3.64	$4
Aug 2002	0	1	25.96	3.16	$3
Jul 2002	178	1	24.58	3.06	$4,378
Jun 2002	162	1	23.73	3.34	$3,848
May 2002	0	1	24.66	3.58	$4
Apr 2002	0	1	23.65	3.51	$4
Mar 2002	0	1	22.00	3.10	$3
Feb 2002	175	1	18.22	2.38	$3,191
Jan 2002	0	1	17.17	2.38	$2
Dec 2001	0	1	16.93	2.36	$2
Nov 2001	0	1	18.07	2.41	$2
Oct 2001	178	1	19.78	2.53	$3,523
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	1	24.87	3.05	$3
Jul 2001	0	1	23.93	3.20	$3
Jun 2001	0	1	24.56	3.82	$4
May 2001	0	1	25.52	4.31	$4
Apr 2001	0	1	24.68	5.34	$5
Mar 2001	160	1	24.54	5.38	$3,932
Feb 2001	0	1	27.75	5.77	$6
Jan 2001	0	1	27.47	8.40	$8
Dec 2000	0	1	26.88	9.12	$9
Nov 2000	0	1	32.21	5.66	$6
Oct 2000	0	1	31.23	5.15	$5
Sep 2000	166	1	31.87	5.19	$5,296
Aug 2000	0	1	29.64	4.54	$5
Jul 2000	0	1	28.53	4.09	$4
Jun 2000	0	1	29.30	4.40	$4
May 2000	173	1	27.26	3.68	$4,720
Apr 2000	0	1	24.51	3.12	$3
Mar 2000	0	1	28.42	2.86	$3
Feb 2000	160	1	27.62	2.73	$4,422
Jan 2000	0	1	25.27	2.48	$2
Dec 1999	0	1	24.28	2.42	$2
Nov 1999	0	1	23.19	2.43	$2
Oct 1999	0	1	20.98	2.80	$3
Sep 1999	160	1	21.75	2.62	$3,483
Aug 1999	0	1	19.26	2.88	$3
Jul 1999	148	1	17.89	2.37	$2,650
Jun 1999	0	1	15.94	2.36	$2
May 1999	0	1	15.79	2.32	$2
Apr 1999	166	1	15.10	2.21	$2,509
Mar 1999	0	1	12.47	1.84	$2
Feb 1999	353	1	9.98	1.82	$3,525
Jan 1999	0	1	10.38	1.90	$2
Dec 1998	0	1	9.20	1.77	$2
Nov 1998	162	1	10.89	2.19	$1,766
Oct 1998	0	1	12.42	1.97	$2
Sep 1998	156	1	12.59	2.08	$1,966
Aug 1998	0	1	11.30	1.91	$2
Jul 1998	0	1	11.74	2.24	$2
Jun 1998	179	1	11.24	2.24	$2,014
May 1998	0	1	12.62	2.21	$2
Apr 1998	169	1	13.04	2.51	$2,206
Mar 1998	0	1	12.80	2.31	$2
Feb 1998	176	1	13.95	2.30	$2,458
Jan 1998	0	1	14.70	2.15	$2
Dec 1997	183	1	16.32	2.41	$2,989
Nov 1997	175	1	18.19	3.09	$3,186
Oct 1997	179	1	19.25	3.15	$3,449
Sep 1997	0	1	17.74	2.95	$3
Aug 1997	173	1	17.86	2.55	$3,092
Jul 1997	173	1	17.58	2.25	$3,044
Jun 1997	0	1	17.24	2.26	$2
May 1997	166	1	18.97	2.31	$3,151
Apr 1997	0	1	17.88	2.08	$2
Mar 1997	164	1	18.95	1.94	$3,110
Feb 1997	177	1	20.49	2.21	$3,629
Jan 1997	181	1	23.48	3.54	$4,253
Dec 1996	181	1	23.32	—	$4,221
Nov 1996	361	1	21.97	—	$7,931
Oct 1996	282	1	23.31	—	$6,573
Sep 1996	0	1	22.22	—	$0
Aug 1996	0	1	20.26	—	$0
Jul 1996	178	1	19.55	—	$3,480
Jun 1996	178	1	18.73	—	$3,334
May 1996	0	1	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	0	16.98	—	$0
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	0	15.03	—	$0
Aug 1993	0	0	15.66	—	$0
Jul 1993	0	0	15.46	—	$0
Jun 1993	0	0	16.79	—	$0
May 1993	0	0	17.68	—	$0
Apr 1993	0	0	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	0	16.93	—	$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.

Mar 2016 — as filed, then multipliedworked

Oil                  118 bbl  × $ 33.01 =     $3,895
Casinghead gas         0 Mcf  × $  1.79 =         $0

────────────────────────────────────────────────────
Month total                                   $3,895

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/O/1625 is the state's own key, not one this site invented.