WAGSTAFF

Operated by SPONTE OPERATING, INC. (P-5 810277) in the BECKVILLE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 256680District 06Field 066485002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Apr 2010 – Mar 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
168
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 503 leases and 503 wells, and the rule below applies to all of them.

Discovered
1974-05-21
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2015-02-24.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112010-08-16199246
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
CondensateDisposition3,247 bbl$233,579
GasProduction399,413 Mcf$1,567,721
Total$1,801,300

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 32.3200, -94.4700. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.31999, -94.47000 · 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
11,808 ft
1 wells filed one
Completion to plug
13.3 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 11,808 ft.

Completions filed
Apr 2010
1 of 1 wells
Plug dates filed
Aug 2023
1 of 1 wells

Last completion to plug: a median of 13.3 years across the 1 well that filed both dates, with the middle half between 13.3 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-36537198111,808 ftApr 2010Aug 2023Yes

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 (168)

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

168 months

Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021133361.302.72$8,161
Feb 202109257.805.55$510
Jan 202103450.412.81$96
Dec 202004844.642.68$128
Nov 2020014538.772.71$392
Oct 2020025136.972.48$622
Sep 202004237.091.99$84
Aug 202003539.982.39$83
Jul 20200138.371.83$2
Jun 202004734.901.69$79
May 202009116.921.81$165
Apr 2020019414.751.80$350
Mar 2020022430.341.86$416
Feb 2020033149.881.98$656
Jan 2020047557.252.09$995
Dec 2019077059.012.30$1,774
Nov 2019032455.302.75$891
Oct 2019026853.472.42$648
Sep 201908155.052.66$215
Aug 201901953.112.30$44
Jul 201902256.272.46$54
Jun 201907452.782.49$184
May 2019012458.482.74$340
Apr 2019025362.632.75$696
Mar 2019043756.803.06$1,338
Feb 2019052050.852.79$1,452
Jan 2019075146.033.23$2,424
Dec 2018089246.594.19$3,733
Nov 201801,37252.934.24$5,813
Oct 201801,57961.443.40$5,366
Sep 2018016759.543.11$519
Aug 2018050159.403.07$1,536
Jul 2018083865.142.93$2,457
Jun 201801,38860.183.08$4,271
May 201801,41265.382.90$4,096
Apr 201801,30563.842.90$3,786
Mar 201801,53261.222.79$4,269
Feb 201801,37161.782.77$3,792
Jan 201801,77162.874.01$7,101
Dec 20171801,62157.272.92$15,044
Nov 201701,65955.423.12$5,173
Oct 201701,69349.292.98$5,051
Sep 201701,48747.523.09$4,591
Aug 201701,59545.373.00$4,792
Jul 201701,54343.873.09$4,764
Jun 201702,02942.493.09$6,264
May 201702,35745.373.26$7,692
Apr 2017092247.933.21$2,961
Mar 2017069346.772.98$2,068
Feb 201702,02750.452.95$5,985
Jan 201701,29349.413.42$4,421
Dec 201601,52648.763.72$5,681
Nov 201601,81942.492.64$4,810
Oct 201602,03146.193.09$6,276
Sep 201602,25541.553.10$6,992
Aug 201602,63941.442.92$7,717
Jul 20161683,20141.622.92$16,353
Jun 201602,45145.352.69$6,583
May 201602,75542.521.99$5,485
Apr 201601,65336.561.99$3,291
Mar 20160033.011.79$0
Feb 201604426.472.06$91
Jan 2016026227.352.36$619
Dec 201501,06432.362.00$2,130
Nov 201501,47338.792.17$3,192
Oct 2015081643.552.43$1,980
Sep 201501,92542.992.76$5,310
Aug 201501,99740.162.87$5,736
Jul 201502,05748.152.95$6,058
Jun 201501,14956.152.88$3,312
May 201501,91755.212.96$5,666
Apr 201502,05949.822.71$5,573
Mar 201502,30342.892.93$6,759
Feb 201502,32544.662.98$6,920
Jan 201502,85043.433.10$8,837
Dec 201402,93054.693.59$10,523
Nov 201402,01670.464.25$8,572
Oct 201401,38478.303.90$5,399
Sep 201402,99286.164.05$12,104
Aug 201403,60689.394.04$14,551
Jul 20141801,53296.564.18$23,784
Jun 201401,97898.164.74$9,370
May 201402,58394.734.73$12,209
Apr 201404,48395.944.81$21,559
Mar 201402,39395.895.06$12,101
Feb 201401,44697.406.19$8,954
Jan 201401,13390.404.86$5,507
Dec 201301,52391.824.35$6,632
Nov 201301,71988.853.74$6,426
Oct 201302,56497.423.78$9,690
Sep 201302,352104.113.72$8,744
Aug 201302,002104.253.52$7,052
Jul 201301,627102.523.72$6,049
Jun 201301,42094.403.93$5,585
May 201302,15794.834.15$8,950
Apr 201301,92493.964.28$8,240
Mar 201302,34893.623.91$9,187
Feb 201301,97591.233.42$6,754
Jan 201303,49191.603.42$11,939
Dec 201204,13086.773.42$14,125
Nov 201201,78886.953.62$6,481
Oct 201203,16889.383.40$10,770
Sep 201203,49994.672.92$10,211
Aug 201202,34392.662.91$6,814
Jul 201203,91285.133.02$11,817
Jun 20121892,58679.822.52$21,600
May 201201,80491.612.49$4,489
Apr 20120194101.652.00$387
Mar 201207105.052.22$16
Feb 201203,638101.102.57$9,351
Jan 201202,82498.092.73$7,721
Dec 201107,08296.873.24$22,944
Nov 2011037595.723.31$1,242
Oct 201103,04584.983.65$11,110
Sep 201102,27783.623.99$9,076
Aug 201103,30083.404.15$13,693
Jul 201104,21394.144.52$19,031
Jun 201102,01992.904.64$9,368
May 201104,99998.134.40$22,020
Apr 201103,455105.964.33$14,971
Mar 20111995,27996.364.06$40,594
Feb 201103,53785.644.18$14,785
Jan 201107,06386.504.59$32,411
Dec 201008,91985.734.35$38,778
Nov 201006,89680.843.80$26,173
Oct 2010012,22878.103.51$42,907
Sep 201003,72972.633.98$14,839
Aug 20101907,97473.684.42$49,239
Jul 201028129,59672.554.74$160,568
Jun 201095739,33270.364.91$260,470
May 201077069,34671.124.24$348,458
Apr 2010010,00481.694.12$41,243

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.

Mar 2021 — as filed, then multipliedworked
Condensate           133 bbl  × $ 61.30 =     $8,153
Gas                    3 Mcf  × $  2.72 =         $8

────────────────────────────────────────────────────
Month total                                   $8,161

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/256680 is the state's own key, not one this site invented.