SOUTHWEST TEXAS CORPORATION

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

Oil lease lease 8905District 04Field 54762125OilCasinghead gasSaveExport
Value, all time
$278 k
Jan 1993 – Sep 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
285
no gaps in the span
Streams
2
oil, casinghead 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 1 leases and 5 wells, and the rule below applies to all of them.

Discovered
1977-05-03
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition11,512 bbl$277,229
Casinghead gasProduction120 Mcf$539
Total$277,768

3 Mcf of this lease's gas, across 3 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 (5)

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 27.4572, -98.4516. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

27.45709, -98.45166 · 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%
5 of 5 wells
With a plug date
100.0%
5 of 5 wells
Median depth
4,399 ft
5 wells filed one
Completion to plug
31.3 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
5100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
5100.0%
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

Between 4,350 and 5,850 ft, median 4,399 ft, over the 5 wells that filed a depth.

Completions filed
May 1977 – Jan 1997
5 of 5 wells
Plug dates filed
Aug 1993 – Jul 2016
5 of 5 wells

Last completion to plug: a median of 31.3 years across the 5 wells that filed both dates, with the middle half between 15.6 years and 35.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-131318988024,362 ftJan 1997Feb 2000Yes
42-13109439215,840 ftMar 1985Jul 2016Yes
42-13109449124,399 ftJul 1981Jul 2016Yes
42-13109438175,850 ftJan 1978Aug 1993Yes
42-131319821324,350 ftMay 1977Jul 2016Yes

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 (285)

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

285 months

Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 201588044.662.98$3,930
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007146070.906.39$10,351
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 2007103050.306.73$5,181
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006172054.906.01$9,443
Sep 20060160.085.04$5
Aug 20060168.717.34$7
Jul 20060169.376.34$6
Jun 20060166.286.38$6
May 20060166.016.42$6
Apr 20060164.397.36$7
Mar 2006165156.707.08$9,363
Feb 20060157.597.75$8
Jan 20060160.598.93$9
Dec 20050154.9413.42$13
Nov 20050154.6910.59$11
Oct 2005154158.3413.80$8,998
Sep 20050161.4512.08$12
Aug 20050161.519.80$10
Jul 20050155.697.84$8
Jun 20050152.337.38$7
May 20050145.226.65$7
Apr 2005169149.207.36$8,322
Mar 20050150.377.15$7
Feb 20050145.226.31$6
Jan 20050143.166.32$6
Dec 20040139.866.75$7
Nov 20040145.286.33$6
Oct 2004154149.706.52$7,660
Sep 20040143.245.28$5
Aug 20040142.375.55$6
Jul 2004157138.286.08$6,016
Jun 20040136.106.43$6
May 20040137.486.49$6
Apr 20040134.475.86$6
Mar 20040134.365.53$6
Feb 2004157132.455.51$5,100
Jan 20040132.036.30$6
Dec 20030130.266.30$6
Nov 20030128.804.60$5
Oct 2003150128.174.76$4,230
Sep 20030126.314.75$5
Aug 20030129.765.13$5
Jul 20030129.415.17$5
Jun 2003160128.565.98$4,576
May 20030126.595.97$6
Apr 2003165126.675.41$4,406
Mar 20030131.146.10$6
Feb 20030133.487.93$8
Jan 20030130.315.58$6
Dec 2002158126.914.85$4,257
Nov 2002181124.664.14$4,468
Oct 20020126.464.23$4
Sep 2002148127.443.64$4,065
Aug 20020125.963.16$3
Jul 20020124.583.06$3
Jun 20020123.733.34$3
May 2002170124.663.58$4,196
Apr 20020123.653.51$4
Mar 20020122.003.10$3
Feb 20020118.222.38$2
Jan 2002175117.172.38$3,007
Dec 20010116.932.36$2
Nov 20010118.072.41$2
Oct 2001153119.782.53$3,029
Sep 20010124.262.25$2
Aug 2001167124.873.05$4,156
Jul 2001175123.933.20$4,191
Jun 20010124.563.82$4
May 20010125.524.31$4
Apr 2001176124.685.34$4,349
Mar 20010124.545.38$5
Feb 20010127.755.77$6
Jan 2001169127.478.40$4,651
Dec 20000126.889.12$9
Nov 2000173132.215.66$5,578
Oct 20000131.235.15$5
Sep 2000150131.875.19$4,786
Aug 20000129.644.54$5
Jul 2000144128.534.09$4,112
Jun 20000129.304.40$4
May 2000154127.263.68$4,202
Apr 2000166124.513.12$4,072
Mar 20000128.422.86$3
Feb 2000164127.622.73$4,532
Jan 20000125.272.48$2
Dec 1999169124.282.42$4,106
Nov 19990123.192.43$2
Oct 1999174120.982.80$3,653
Sep 19990121.752.62$3
Aug 1999163119.262.88$3,142
Jul 1999179117.892.37$3,205
Jun 19990115.942.36$2
May 1999162115.792.32$2,560
Apr 1999176115.102.21$2,660
Mar 19990112.471.84$2
Feb 199915719.981.82$1,569
Jan 19990110.381.90$2
Dec 199815919.201.77$1,465
Nov 1998176110.892.19$1,919
Oct 19980112.421.97$2
Sep 1998161112.592.08$2,029
Aug 1998144111.301.91$1,629
Jul 1998131111.742.24$1,540
Jun 1998155111.242.24$1,744
May 1998161112.622.21$2,034
Apr 1998179113.042.51$2,337
Mar 1998175112.802.31$2,242
Feb 1998179113.952.30$2,499
Jan 1998178114.702.15$2,619
Dec 1997171116.322.41$2,793
Nov 19970118.193.09$3
Oct 1997341119.253.15$6,567
Sep 1997172117.742.95$3,054
Aug 1997171117.862.55$3,057
Jul 1997325117.582.25$5,716
Jun 1997167117.242.26$2,881
May 1997329118.972.31$6,243
Apr 1997162117.882.08$2,899
Mar 1997297118.951.94$5,630
Feb 1997290120.492.21$5,944
Jan 1997449123.483.54$10,546
Dec 1996539123.32$12,569
Nov 1996355121.97$7,799
Oct 19960123.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 199531016.44$510
Feb 199553016.58$879
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 1993119018.14$2,159
Feb 19930017.90$0
Jan 19930016.93$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.

Feb 2015 — as filed, then multipliedworked
Oil                   88 bbl  × $ 44.66 =     $3,930
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $3,930

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/8905 is the state's own key, not one this site invented.