WHEELER

Name: WHEELER lease production and value, Nov 2007 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 248721District 06Field 862335002 tax incentive programmesCondensateGasSave Export

Value, all time

$4.3 M

Nov 2007 – Dec 2021

Value, last 12 filed months

$27 k

at the published price for each month

Months reported

170

no gaps in the span

Streams

condensate, gas

The STOCKMAN (TRAVIS PEAK) 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 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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2011-01-27	201129
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	13,145 bbl	$1,072,562
Gas	Production	515,877 Mcf	$3,219,036
Total			$4,291,597

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 31.7598, -94.3305. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75981, -94.33048 · centre of the 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

8,721 ft

1 wells filed one

Completion to plug

13.8 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 8,721 ft.

Completions filed

Nov 2007

1 of 1 wells

Plug dates filed

Sep 2021

1 of 1 wells

Last completion to plug: a median of 13.8 years across the 1 well that filed both dates, with the middle half between 13.8 years and 13.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-41931199	2	8,721 ft	Nov 2007	Sep 2021	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 (170)

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

170 months


Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	80	377	79.79	5.71	$8,537
Sep 2021	0	23	69.86	5.35	$123
Aug 2021	0	687	66.02	4.22	$2,900
Jul 2021	0	486	70.78	3.98	$1,935
Jun 2021	0	741	69.49	3.38	$2,505
May 2021	0	684	63.48	3.02	$2,064
Apr 2021	0	618	60.36	2.76	$1,705
Mar 2021	0	1,100	61.30	2.72	$2,989
Feb 2021	0	447	57.80	5.55	$2,480
Jan 2021	0	558	50.41	2.81	$1,568
Dec 2020	0	682	44.64	2.68	$1,825
Nov 2020	0	498	38.77	2.71	$1,348
Oct 2020	0	643	36.97	2.48	$1,594
Sep 2020	0	730	37.09	1.99	$1,453
Aug 2020	0	813	39.98	2.39	$1,939
Jul 2020	171	646	38.37	1.83	$7,740
Jun 2020	0	556	34.90	1.69	$940
May 2020	0	596	16.92	1.81	$1,082
Apr 2020	0	558	14.75	1.80	$1,007
Mar 2020	0	615	30.34	1.86	$1,142
Feb 2020	0	601	49.88	1.98	$1,190
Jan 2020	0	642	57.25	2.09	$1,345
Dec 2019	0	565	59.01	2.30	$1,302
Nov 2019	0	1,103	55.30	2.75	$3,034
Oct 2019	168	509	53.47	2.42	$10,214
Sep 2019	0	649	55.05	2.66	$1,725
Aug 2019	0	492	53.11	2.30	$1,134
Jul 2019	0	578	56.27	2.46	$1,422
Jun 2019	0	513	52.78	2.49	$1,278
May 2019	0	539	58.48	2.74	$1,477
Apr 2019	0	627	62.63	2.75	$1,725
Mar 2019	0	609	56.80	3.06	$1,865
Feb 2019	0	659	50.85	2.79	$1,840
Jan 2019	0	865	46.03	3.23	$2,792
Dec 2018	181	612	46.59	4.19	$10,994
Nov 2018	0	528	52.93	4.24	$2,237
Oct 2018	0	726	61.44	3.40	$2,467
Sep 2018	0	637	59.54	3.11	$1,980
Aug 2018	0	606	59.40	3.07	$1,858
Jul 2018	0	565	65.14	2.93	$1,657
Jun 2018	0	622	60.18	3.08	$1,914
May 2018	0	780	65.38	2.90	$2,263
Apr 2018	0	728	63.84	2.90	$2,112
Mar 2018	173	721	61.22	2.79	$12,600
Feb 2018	0	682	61.78	2.77	$1,886
Jan 2018	0	831	62.87	4.01	$3,332
Dec 2017	0	804	57.27	2.92	$2,349
Nov 2017	0	799	55.42	3.12	$2,492
Oct 2017	0	931	49.29	2.98	$2,778
Sep 2017	178	908	47.52	3.09	$11,262
Aug 2017	0	956	45.37	3.00	$2,872
Jul 2017	0	1,034	43.87	3.09	$3,192
Jun 2017	0	973	42.49	3.09	$3,004
May 2017	0	691	45.37	3.26	$2,255
Apr 2017	0	862	47.93	3.21	$2,768
Mar 2017	0	673	46.77	2.98	$2,008
Feb 2017	0	313	50.45	2.95	$924
Jan 2017	0	578	49.41	3.42	$1,976
Dec 2016	173	988	48.76	3.72	$12,114
Nov 2016	0	971	42.49	2.64	$2,568
Oct 2016	0	1,054	46.19	3.09	$3,257
Sep 2016	0	1,135	41.55	3.10	$3,519
Aug 2016	185	995	41.44	2.92	$10,576
Jul 2016	0	1,122	41.62	2.92	$3,281
Jun 2016	0	1,089	45.35	2.69	$2,925
May 2016	0	1,205	42.52	1.99	$2,399
Apr 2016	0	1,193	36.56	1.99	$2,375
Mar 2016	179	1,174	33.01	1.79	$8,015
Feb 2016	0	1,110	26.47	2.06	$2,291
Jan 2016	0	1,231	27.35	2.36	$2,911
Dec 2015	0	1,290	32.36	2.00	$2,582
Nov 2015	174	1,234	38.79	2.17	$9,424
Oct 2015	0	1,357	43.55	2.43	$3,293
Sep 2015	0	1,264	42.99	2.76	$3,487
Aug 2015	0	1,402	40.16	2.87	$4,027
Jul 2015	0	1,457	48.15	2.95	$4,291
Jun 2015	185	1,211	56.15	2.88	$13,879
May 2015	0	1,408	55.21	2.96	$4,161
Apr 2015	176	1,592	49.82	2.71	$13,077
Mar 2015	0	1,607	42.89	2.93	$4,716
Feb 2015	0	1,533	44.66	2.98	$4,563
Jan 2015	0	1,746	43.43	3.10	$5,414
Dec 2014	0	1,572	54.69	3.59	$5,646
Nov 2014	0	1,821	70.46	4.25	$7,743
Oct 2014	176	1,893	78.30	3.90	$21,165
Sep 2014	0	1,903	86.16	4.05	$7,698
Aug 2014	0	1,349	89.39	4.04	$5,443
Jul 2014	0	1,886	96.56	4.18	$7,883
Jun 2014	169	1,858	98.16	4.74	$25,390
May 2014	0	1,990	94.73	4.73	$9,406
Apr 2014	0	2,114	95.94	4.81	$10,166
Mar 2014	180	1,811	95.89	5.06	$26,418
Feb 2014	0	1,669	97.40	6.19	$10,334
Jan 2014	0	1,745	90.40	4.86	$8,482
Dec 2013	0	1,702	91.82	4.35	$7,411
Nov 2013	177	1,168	88.85	3.74	$20,093
Oct 2013	0	1,222	97.42	3.78	$4,618
Sep 2013	0	1,500	104.11	3.72	$5,577
Aug 2013	178	1,687	104.25	3.52	$24,499
Jul 2013	0	1,576	102.52	3.72	$5,859
Jun 2013	0	1,671	94.40	3.93	$6,573
May 2013	167	1,819	94.83	4.15	$23,384
Apr 2013	0	1,844	93.96	4.28	$7,897
Mar 2013	0	2,067	93.62	3.91	$8,088
Feb 2013	173	1,750	91.23	3.42	$21,768
Jan 2013	0	1,836	91.60	3.42	$6,279
Dec 2012	0	2,345	86.77	3.42	$8,020
Nov 2012	173	2,145	86.95	3.62	$22,818
Oct 2012	0	1,981	89.38	3.40	$6,735
Sep 2012	0	2,023	94.67	2.92	$5,904
Aug 2012	175	2,163	92.66	2.91	$22,506
Jul 2012	169	2,086	85.13	3.02	$20,688
Jun 2012	0	1,825	79.82	2.52	$4,597
May 2012	0	1,873	91.61	2.49	$4,661
Apr 2012	177	1,923	101.65	2.00	$21,832
Mar 2012	171	1,144	105.05	2.22	$20,506
Feb 2012	0	1,002	101.10	2.57	$2,575
Jan 2012	0	1,371	98.09	2.73	$3,748
Dec 2011	0	1,526	96.87	3.24	$4,944
Nov 2011	170	1,385	95.72	3.31	$20,859
Oct 2011	0	1,738	84.98	3.65	$6,341
Sep 2011	0	1,549	83.62	3.99	$6,174
Aug 2011	175	1,571	83.40	4.15	$21,114
Jul 2011	0	1,825	94.14	4.52	$8,244
Jun 2011	0	1,988	92.90	4.64	$9,224
May 2011	165	2,317	98.13	4.40	$26,397
Apr 2011	0	1,759	105.96	4.33	$7,622
Mar 2011	6	1,978	96.36	4.06	$8,604
Feb 2011	182	1,901	85.64	4.18	$23,533
Jan 2011	0	1,983	86.50	4.59	$9,100
Dec 2010	179	2,132	85.73	4.35	$24,615
Nov 2010	0	2,215	80.84	3.80	$8,407
Oct 2010	0	2,326	78.10	3.51	$8,162
Sep 2010	172	2,361	72.63	3.98	$21,888
Aug 2010	0	2,652	73.68	4.42	$11,720
Jul 2010	0	3,054	72.55	4.74	$14,465
Jun 2010	174	2,538	70.36	4.91	$24,705
May 2010	0	2,834	71.12	4.24	$12,003
Apr 2010	174	2,674	81.69	4.12	$25,238
Mar 2010	0	3,069	78.39	4.39	$13,469
Feb 2010	160	2,933	73.58	5.44	$27,735
Jan 2010	183	3,428	74.36	5.96	$34,053
Dec 2009	0	3,863	71.44	5.48	$21,184
Nov 2009	174	4,017	74.59	3.75	$28,048
Oct 2009	0	3,564	72.54	4.11	$14,649
Sep 2009	168	4,444	65.54	3.06	$24,630
Aug 2009	178	5,115	67.42	3.22	$28,463
Jul 2009	0	6,121	61.13	3.46	$21,206
Jun 2009	180	6,355	66.16	3.90	$36,662
May 2009	180	7,122	54.74	3.93	$37,812
Apr 2009	188	7,223	46.77	3.59	$34,705
Mar 2009	357	7,746	42.14	4.06	$46,485
Feb 2009	179	6,646	32.81	4.63	$36,664
Jan 2009	0	7,404	35.86	5.37	$39,767
Dec 2008	182	7,365	37.10	5.98	$50,774
Nov 2008	183	7,585	55.49	6.86	$62,191
Oct 2008	190	7,986	75.24	6.92	$69,575
Sep 2008	180	8,390	101.76	7.88	$84,406
Aug 2008	179	9,163	114.22	8.48	$98,175
Jul 2008	357	13,505	131.08	11.39	$200,610
Jun 2008	357	12,489	131.33	13.03	$209,649
May 2008	178	15,214	123.17	11.57	$198,016
Apr 2008	352	15,265	110.31	10.45	$198,423
Mar 2008	532	23,914	101.90	9.66	$285,317
Feb 2008	541	27,036	92.53	8.77	$287,180
Jan 2008	884	36,921	90.38	8.21	$382,860
Dec 2007	1,041	47,231	88.33	7.30	$436,831
Nov 2007	537	28,186	91.67	7.29	$254,751

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.

Oct 2021 — as filed, then multipliedworked

Condensate            80 bbl  × $ 79.79 =     $6,383
Gas                  377 Mcf  × $  5.71 =     $2,154

────────────────────────────────────────────────────
Month total                                   $8,537

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/248721 is the state's own key, not one this site invented.