WHEELER

Operated by COERT HOLDINGS 1 LLC (P-5 164934) in the STOCKMAN (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 244092District 06Field 862335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.7 M
Aug 2008 – Nov 2021
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
160
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 93 leases and 93 wells, and the rule below applies to all of them.

Discovered
1976-10-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 0 acres. The field rule took effect on 2006-05-16.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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 Gas112011-01-27201128
NGPA2none

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
CondensateDisposition19,916 bbl$1,363,304
GasProduction1,377,672 Mcf$6,362,356
Total$7,725,660

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 31.7584, -94.3353. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75845, -94.33533 · 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
8,800 ft
1 wells filed one
Completion to plug
13.1 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 8,800 ft.

Completions filed
Aug 2008
1 of 1 wells
Plug dates filed
Sep 2021
1 of 1 wells

Last completion to plug: a median of 13.1 years across the 1 well that filed both dates, with the middle half between 13.1 years and 13.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4193129738,800 ftAug 2008Sep 2021Yes

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 (160)

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

160 months

Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021443169.865.35$3,240
Aug 2021093666.024.22$3,950
Jul 202101,37770.783.98$5,483
Jun 202101,35269.493.38$4,571
May 2021087163.483.02$2,628
Apr 202101,17160.362.76$3,230
Mar 2021098461.302.72$2,673
Feb 202101,11157.805.55$6,164
Jan 202101,06650.412.81$2,996
Dec 202001,38144.642.68$3,695
Nov 202001,29838.772.71$3,513
Oct 202001,26336.972.48$3,130
Sep 202001,14937.091.99$2,288
Aug 20201791,34939.982.39$10,374
Jul 202001,24438.371.83$2,270
Jun 202001,30034.901.69$2,197
May 202001,36716.921.81$2,481
Apr 202001,29414.751.80$2,335
Mar 202001,57930.341.86$2,931
Feb 202001,29949.881.98$2,573
Jan 202001,64757.252.09$3,450
Dec 201901,47859.012.30$3,406
Nov 20191777455.302.75$9,992
Oct 201901,41753.472.42$3,427
Sep 201901,57255.052.66$4,177
Aug 201901,28253.112.30$2,954
Jul 20191661,61056.272.46$13,302
Jun 201901,63552.782.49$4,073
May 201901,69058.482.74$4,631
Apr 20191711,78762.632.75$15,625
Mar 201901,91956.803.06$5,876
Feb 201901,51350.852.79$4,225
Jan 201902,06646.033.23$6,669
Dec 201801,67746.594.19$7,019
Nov 20181691,89552.934.24$16,975
Oct 201801,79261.443.40$6,089
Sep 20181791,81459.543.11$16,296
Aug 201801,28559.403.07$3,941
Jul 201801,87665.142.93$5,500
Jun 201801,89460.183.08$5,828
May 201801,86265.382.90$5,401
Apr 20181621,81263.842.90$15,598
Mar 201801,91461.222.79$5,334
Feb 201801,64561.782.77$4,550
Jan 201801,84562.874.01$7,397
Dec 201702,13557.272.92$6,237
Nov 20171762,17955.423.12$16,549
Oct 201702,61249.292.98$7,793
Sep 20171662,42547.523.09$15,375
Aug 201702,31045.373.00$6,940
Jul 201702,41643.873.09$7,459
Jun 20171772,02242.493.09$13,763
May 201702,07545.373.26$6,772
Apr 20171812,08947.933.21$15,384
Mar 201701,87246.772.98$5,585
Feb 201701,90450.452.95$5,622
Jan 20171742,15149.413.42$15,951
Dec 201602,40148.763.72$8,939
Nov 201601,84642.492.64$4,881
Oct 20161832,22546.193.09$15,329
Sep 201602,41641.553.10$7,491
Aug 201602,06641.442.92$6,042
Jul 201602,57741.622.92$7,536
Jun 201602,42745.352.69$6,519
May 20161762,60842.521.99$12,676
Apr 201602,37036.561.99$4,719
Mar 201602,64333.011.79$4,742
Feb 20161762,45126.472.06$9,717
Jan 201602,33527.352.36$5,521
Dec 201502,43132.362.00$4,865
Nov 201502,47938.792.17$5,373
Oct 201502,76343.552.43$6,705
Sep 20151742,48542.992.76$14,335
Aug 201502,69640.162.87$7,744
Jul 201503,05748.152.95$9,003
Jun 20151802,38956.152.88$16,994
May 201502,99755.212.96$8,857
Apr 201503,15749.822.71$8,545
Mar 20151832,72142.892.93$15,834
Feb 201502,83144.662.98$8,426
Jan 201503,02643.433.10$9,383
Dec 20141702,44554.693.59$18,078
Nov 20141712,72070.464.25$23,614
Oct 201403,31878.303.90$12,943
Sep 20141803,22486.164.05$28,551
Aug 201402,38089.394.04$9,604
Jul 20141803,85396.564.18$33,485
Jun 201403,88398.164.74$18,393
May 20141813,73194.734.73$34,781
Apr 201403,61995.944.81$17,404
Mar 20141783,18395.895.06$33,164
Feb 201403,34897.406.19$20,731
Jan 20141793,35390.404.86$32,480
Dec 201303,93791.824.35$17,144
Nov 201302,96988.853.74$11,099
Oct 201304,32697.423.78$16,350
Sep 20131753,682104.113.72$31,908
Aug 201304,008104.253.52$14,119
Jul 20131804,042102.523.72$33,481
Jun 201303,85094.403.93$15,144
May 201304,71194.834.15$19,546
Apr 20131734,83393.964.28$36,953
Mar 201304,64693.623.91$18,179
Feb 20131843,78791.233.42$29,738
Jan 201305,81391.603.42$19,880
Dec 201202,93686.773.42$10,042
Nov 201203,39086.953.62$12,289
Oct 20121703,80989.383.40$28,144
Sep 201204,57094.672.92$13,337
Aug 201206,35192.662.91$18,470
Jul 20121816,15685.133.02$34,005
Jun 201206,16579.822.52$15,530
May 20121795,52591.612.49$30,146
Apr 20121825,937101.652.00$30,355
Mar 201206,489105.052.22$14,419
Feb 20121825,617101.102.57$32,837
Jan 201206,60198.092.73$18,048
Dec 20111877,43896.873.24$42,212
Nov 201106,88795.723.31$22,805
Oct 20111787,06184.983.65$40,889
Sep 201105,85883.623.99$23,349
Aug 20111826,77683.404.15$43,295
Jul 201107,24094.144.52$32,705
Jun 20111667,21092.904.64$48,875
May 20111737,98698.134.40$52,153
Apr 20111788,142105.964.33$54,142
Mar 2011138,97396.364.06$37,659
Feb 20111908,69685.644.18$52,621
Jan 20113579,94586.504.59$76,516
Dec 20101611,54485.734.35$51,562
Nov 201018213,40580.843.80$65,589
Oct 201018114,07678.103.51$63,527
Sep 2010015,00372.633.98$59,704
Aug 201035316,62673.684.42$99,485
Jul 2010016,56472.554.74$78,455
Jun 201017413,38470.364.91$77,963
May 201018116,77871.124.24$83,931
Apr 201017216,35181.694.12$81,461
Mar 201036218,64678.394.39$110,208
Feb 201019218,40373.585.44$114,283
Jan 201036521,15174.365.96$153,288
Dec 200935721,90271.445.48$145,609
Nov 200917815,86274.593.75$72,783
Oct 200917720,71772.544.11$97,992
Sep 200916926,93165.543.06$93,613
Aug 200934233,68367.423.22$131,466
Jul 200935237,09061.133.46$150,016
Jun 200935438,78866.163.90$174,500
May 200952743,01754.743.93$197,722
Apr 200958844,97046.773.59$188,831
Mar 200953754,10942.144.06$242,258
Feb 200976349,64432.814.63$255,035
Jan 200955060,42835.865.37$344,282
Dec 20081,02583,95837.105.98$539,856
Nov 2008923112,04255.496.86$819,866
Oct 20081,816126,26975.246.92$1,010,667
Sep 200870818,901101.767.88$220,931
Aug 20087101114.228.48$81,105

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.

Sep 2021 — as filed, then multipliedworked
Condensate            44 bbl  × $ 69.86 =     $3,074
Gas                   31 Mcf  × $  5.35 =       $166

────────────────────────────────────────────────────
Month total                                   $3,240

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. 06/G/244092 is the state's own key, not one this site invented.