WADE GAS UNIT

Operated by EAGLE ROCK OPERATING COMPANY,LLC (P-5 238710) in the WADE (SMACKOVER LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 109981District 05Field 94497500Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$566 k
Jan 1993 – Aug 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
200
no gaps in the span
Streams
1
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1979-11-01
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 11/01/85.

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
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
GasProduction825,785 Mcf$566,109
Total$566,109

603,016 Mcf of this lease's gas, across 48 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 32.8056, -95.8290. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.80558, -95.82895 · 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
13,650 ft
1 wells filed one
Completion to plug
25.4 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 13,650 ft.

Completions filed
Mar 1984
1 of 1 wells
Plug dates filed
Aug 2009
1 of 1 wells

Last completion to plug: a median of 25.4 years across the 1 well that filed both dates, with the middle half between 25.4 years and 25.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-37930116113,650 ftMar 1984Aug 2009Yes

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 (200)

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

200 months

Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 20073,75791.677.29$27,395
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 20034328.174.76$205
Sep 20034126.314.75$195
Aug 20034429.765.13$226
Jul 20033129.415.17$160
Jun 20034428.565.98$263
May 20032626.595.97$155
Apr 20034826.675.41$260
Mar 20038031.146.10$488
Feb 20037833.487.93$618
Jan 20039230.315.58$514
Dec 20024526.914.85$218
Nov 20027524.664.14$310
Oct 20024626.464.23$195
Sep 20023227.443.64$116
Aug 20026325.963.16$199
Jul 20023724.583.06$113
Jun 20025023.733.34$167
May 20021424.663.58$50
Apr 20025823.653.51$204
Mar 20024722.003.10$146
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 20014316.932.36$102
Nov 20012318.072.41$55
Oct 20011719.782.53$43
Sep 20011724.262.25$38
Aug 20012324.873.05$70
Jul 20018923.933.20$285
Jun 20018024.563.82$306
May 200111725.524.31$504
Apr 20014224.685.34$224
Mar 20012,41424.545.38$12,979
Feb 20017527.755.77$433
Jan 20016427.478.40$538
Dec 20004626.889.12$420
Nov 20009832.215.66$554
Oct 200014431.235.15$741
Sep 200018831.875.19$975
Aug 200048629.644.54$2,207
Jul 200067328.534.09$2,752
Jun 200010529.304.40$462
May 200028927.263.68$1,063
Apr 200014824.513.12$461
Mar 200023328.422.86$666
Feb 20002627.622.73$71
Jan 200033425.272.48$828
Dec 19997524.282.42$182
Nov 199913123.192.43$319
Oct 199910720.982.80$300
Sep 19997721.752.62$202
Aug 199918619.262.88$535
Jul 199914217.892.37$337
Jun 1999015.942.36$0
May 199945115.792.32$1,047
Apr 199923215.102.21$512
Mar 1999012.471.84$0
Feb 19991889.981.82$342
Jan 199941810.381.90$794
Dec 19985099.201.77$903
Nov 19984,71710.892.19$10,310
Oct 19988,62612.421.97$16,986
Sep 19988,97612.592.08$18,694
Aug 19989,42011.301.91$17,967
Jul 19989,72611.742.24$21,760
Jun 19988,56711.242.24$19,167
May 19986,08812.622.21$13,432
Apr 19988,60013.042.51$21,546
Mar 19989,39412.802.31$21,695
Feb 199810,94713.952.30$25,169
Jan 199810,95714.702.15$23,610
Dec 19977,82416.322.41$18,864
Nov 19977,82418.193.09$24,163
Oct 199710,44619.253.15$32,903
Sep 19979,74317.742.95$28,789
Aug 19979,49617.862.55$24,260
Jul 199710,21017.582.25$22,941
Jun 199711,20017.242.26$25,281
May 199710,54418.972.31$24,341
Apr 19977,72417.882.08$16,087
Mar 199710,54418.951.94$20,446
Feb 19978,25520.492.21$18,210
Jan 19979,90023.483.54$35,043
Dec 19969,67323.32$0
Nov 19969,72921.97$0
Oct 199610,52723.31$0
Sep 199611,61022.22$0
Aug 199611,20820.26$0
Jul 199613,39619.55$0
Jun 199610,58718.73$0
May 199610,49719.43$0
Apr 199610,56921.51$0
Mar 199610,77719.38$0
Feb 199610,65916.98$0
Jan 199612,86117.07$0
Dec 199512,92417.19$0
Nov 199512,99316.00$0
Oct 19954,77415.43$0
Sep 199510,92016.18$0
Aug 199512,28315.92$0
Jul 199512,45715.24$0
Jun 199512,70416.41$0
May 199512,63017.56$0
Apr 199512,90417.73$0
Mar 199514,01116.44$0
Feb 199511,78716.58$0
Jan 199514,30015.92$0
Dec 199413,20015.03$0
Nov 199413,42115.90$0
Oct 199413,49415.58$0
Sep 199414,25415.29$0
Aug 199415,05016.13$0
Jul 199414,95117.56$0
Jun 199413,51117.09$0
May 199414,49115.88$0
Apr 199415,44814.14$0
Mar 199415,52612.46$0
Feb 199413,85612.50$0
Jan 199417,42512.66$0
Dec 199317,94912.33$0
Nov 199313,35814.49$0
Oct 199312,02615.85$0
Sep 199314,34215.03$0
Aug 199317,54315.66$0
Jul 199316,61315.46$0
Jun 199317,80916.79$0
May 199322,77917.68$0
Apr 19935,45418.05$0
Mar 199354518.14$0
Feb 19933,46117.90$0
Jan 19939,73016.93$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.

Nov 2007 — as filed, then multipliedworked
Gas                3,757 Mcf  × $  7.29 =    $27,395

────────────────────────────────────────────────────
Month total                                  $27,395

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. 05/G/109981 is the state's own key, not one this site invented.