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 253474District 06Field 862335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
Sep 2009 – Nov 2021
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
147
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 Gas112011-01-27201127
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
CondensateDisposition15,938 bbl$1,216,652
GasProduction1,070,796 Mcf$4,144,306
Total$5,360,958

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 31.7545, -94.3368. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75447, -94.33679 · 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
12,450 ft
1 wells filed one
Completion to plug
12.0 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 12,450 ft.

Completions filed
Sep 2009
1 of 1 wells
Plug dates filed
Sep 2021
1 of 1 wells

Last completion to plug: a median of 12.0 years across the 1 well that filed both dates, with the middle half between 12.0 years and 12.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-419314491012,450 ftSep 2009Sep 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 (147)

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

147 months

Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021322469.865.35$2,364
Aug 2021067966.024.22$2,866
Jul 202101,31470.783.98$5,232
Jun 202101,19469.493.38$4,036
May 2021065863.483.02$1,986
Apr 202101,34360.362.76$3,705
Mar 202101,49561.302.72$4,062
Feb 2021077657.805.55$4,305
Jan 202101,20050.412.81$3,372
Dec 202001,45244.642.68$3,885
Nov 202001,22038.772.71$3,302
Oct 202001,28336.972.48$3,180
Sep 202001,15237.091.99$2,294
Aug 20201761,07139.982.39$9,591
Jul 202001,42138.371.83$2,594
Jun 202001,36034.901.69$2,299
May 202001,27716.921.81$2,317
Apr 202001,31014.751.80$2,364
Mar 202001,20630.341.86$2,239
Feb 202001,26949.881.98$2,513
Jan 20201711,12357.252.09$12,142
Dec 201901,37659.012.30$3,171
Nov 201918227555.302.75$10,821
Oct 201901,32653.472.42$3,207
Sep 201901,25155.052.66$3,324
Aug 201901,41453.112.30$3,258
Jul 201901,42156.272.46$3,496
Jun 201901,33052.782.49$3,313
May 201901,37858.482.74$3,776
Apr 201901,29862.632.75$3,570
Mar 201901,08956.803.06$3,335
Feb 201916999350.852.79$11,366
Jan 201901,09046.033.23$3,519
Dec 2018099446.594.19$4,160
Nov 201801,21052.934.24$5,127
Oct 201801,79461.443.40$6,096
Sep 201802,56859.543.11$7,981
Aug 201802,21159.403.07$6,780
Jul 201801,55165.142.93$4,547
Jun 201801,92560.183.08$5,923
May 201801,90965.382.90$5,538
Apr 201801,22763.842.90$3,559
Mar 20181851,61561.222.79$15,826
Feb 201801,97661.782.77$5,466
Jan 201801,73862.874.01$6,968
Dec 201702,60057.272.92$7,596
Nov 20171762,74155.423.12$18,301
Oct 201702,76649.292.98$8,253
Sep 201702,01647.523.09$6,224
Aug 201703,11045.373.00$9,344
Jul 20171763,36143.873.09$18,097
Jun 201703,42442.493.09$10,571
May 201703,32645.373.26$10,854
Apr 201703,05347.933.21$9,805
Mar 20171813,20646.772.98$18,031
Feb 201702,64150.452.95$7,798
Jan 201702,58049.413.42$8,821
Dec 20161782,89848.763.72$19,468
Nov 201603,30942.492.64$8,750
Oct 201603,72146.193.09$11,499
Sep 20161764,05541.553.10$19,886
Aug 201603,17041.442.92$9,270
Jul 201604,13641.622.92$12,095
Jun 20161724,10645.352.69$18,828
May 201604,44542.521.99$8,850
Apr 20161764,65836.561.99$15,709
Mar 201604,42733.011.79$7,942
Feb 201603,46026.472.06$7,140
Jan 20161794,14727.352.36$14,701
Dec 201504,17032.362.00$8,346
Nov 20151784,07938.792.17$15,745
Oct 201504,59243.552.43$11,143
Sep 201504,44542.992.76$12,261
Aug 20151824,84540.162.87$21,226
Jul 201505,11748.152.95$15,070
Jun 20151784,20856.152.88$22,126
May 20151715,00255.212.96$24,224
Apr 201505,38349.822.71$14,569
Mar 201505,29242.892.93$15,530
Feb 201504,83344.662.98$14,384
Jan 20151875,21543.433.10$24,291
Dec 20141814,62954.693.59$26,523
Nov 201405,50270.464.25$23,394
Oct 201404,71578.303.90$18,393
Sep 20141775,21886.164.05$36,359
Aug 201404,06889.394.04$16,415
Jul 20141725,31896.564.18$38,835
Jun 201405,69298.164.74$26,962
May 20141725,98794.734.73$44,591
Apr 20141745,75995.944.81$44,389
Mar 201405,71195.895.06$28,879
Feb 20141715,77197.406.19$52,389
Jan 201406,37890.404.86$31,002
Dec 201303,37091.824.35$14,675
Nov 201301,21388.853.74$4,535
Oct 201305,13597.423.78$19,407
Sep 20131876,111104.113.72$42,188
Aug 20131706,159104.253.52$39,418
Jul 201305,233102.523.72$19,455
Jun 20131815,89794.403.93$40,282
May 201306,69894.834.15$27,791
Apr 20131696,81593.964.28$45,065
Mar 201307,85693.623.91$30,740
Feb 20131727,33191.233.42$40,763
Jan 20131827,96491.603.42$43,907
Dec 20121788,80686.773.42$45,563
Nov 201208,63186.953.62$31,287
Oct 20121768,94289.383.40$46,131
Sep 20121799,34594.672.92$44,218
Aug 20121779,46392.662.91$43,921
Jul 2012010,01285.133.02$30,244
Jun 20121739,86579.822.52$38,659
May 201217610,42891.612.49$42,072
Apr 201218110,086101.652.00$38,538
Mar 201217610,761105.052.22$42,401
Feb 201217710,506101.102.57$44,898
Jan 201217411,84898.092.73$49,461
Dec 201116912,75096.873.24$57,678
Nov 201116911,97195.723.31$55,816
Oct 201117112,94484.983.65$61,758
Sep 201118311,13783.623.99$59,692
Aug 201118611,74983.404.15$64,263
Jul 201117013,65194.144.52$77,669
Jun 201117313,93692.904.64$80,733
May 201117514,26698.134.40$80,012
Apr 201135514,679105.964.33$101,224
Mar 201120317,03596.364.06$88,678
Feb 201119516,41285.644.18$85,302
Jan 201117618,57286.504.59$100,447
Dec 201035320,39385.734.35$118,926
Nov 201035522,02980.843.80$112,306
Oct 201017323,13278.103.51$94,679
Sep 201034823,06272.633.98$117,050
Aug 201035025,47373.684.42$138,362
Jul 201017725,98972.554.74$135,938
Jun 201017620,61070.364.91$113,587
May 201035523,82071.124.24$126,131
Apr 201035123,69081.694.12$126,340
Mar 201036626,72678.394.39$145,982
Feb 201050826,89173.585.44$183,729
Jan 201053632,60974.365.96$234,340
Dec 200953038,29171.445.48$247,841
Nov 200971746,31174.593.75$227,217
Oct 20091,21857,95772.544.11$326,571
Sep 2009014,16565.543.06$43,412

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            32 bbl  × $ 69.86 =     $2,236
Gas                   24 Mcf  × $  5.35 =       $128

────────────────────────────────────────────────────
Month total                                   $2,364

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/253474 is the state's own key, not one this site invented.