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WAGSTAFF-BECKVILLE

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

Gas lease lease 289054District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$36.9 M
Dec 2019 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
78
no gaps in the span
Streams
2
condensate, gas

The CARTHAGE (HAYNESVILLE SHALE) 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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
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 2013-01-29.

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
NGPA1none——
ST-1112020-08-19227624

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
CondensateDisposition168 bbl$11,091
GasProduction11,175,031 Mcf$36,883,096
Total$36,894,187

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 32.3032, -94.4640. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.30320, -94.46400 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,593 ft
1 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 11,593 ft.

Completions filed
Dec 2019
1 of 1 wells

1 well

42-365385051HH11,593 ftDec 2019——

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 (78)

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

78 months

May 2026045,234106.413.05$137,776
Apr 2026044,12898.932.87$126,635
Mar 2026046,25489.753.15$145,674
Feb 2026042,50263.503.75$159,396
Jan 2026049,64659.138.00$397,065
Dec 2025052,54956.664.41$231,918
Nov 2025053,27458.593.93$209,177
Oct 2025061,41359.383.30$202,960
Sep 2025063,93362.743.08$196,717
Aug 2025052,31263.933.01$157,708
Jul 2025054,72966.743.32$181,438
Jun 2025057,36366.483.13$179,473
May 2025045,07260.553.23$145,687
Apr 2025061,75162.363.54$218,791
Mar 2025066,17567.704.27$282,456
Feb 2025059,98670.884.34$260,390
Jan 2025075,41574.324.28$322,677
Dec 2024075,58568.993.12$235,929
Nov 2024082,60869.052.20$181,609
Oct 20240103,52771.372.28$236,187
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 2024064,21479.932.15$137,841
Jun 20240120,17578.082.63$316,539
May 2024034,07178.812.20$74,903
Apr 20240084.451.66$0
Mar 2024019080.301.55$294
Feb 2024014,38476.091.78$25,656
Jan 2024078,43073.023.30$258,635
Dec 2023080,79771.262.61$210,938
Nov 2023081,33677.892.81$228,356
Oct 2023079,94285.443.09$246,803
Sep 2023080,05589.042.74$218,954
Aug 2023084,56780.522.67$226,037
Jul 2023086,48074.852.64$228,463
Jun 2023082,98068.962.26$187,409
May 2023094,06970.622.23$209,529
Apr 2023098,64878.122.24$220,751
Mar 2023085,19172.852.39$203,876
Feb 2023087,45175.112.47$215,626
Jan 2023098,63376.533.39$334,141
Dec 20220102,53276.415.73$587,414
Nov 20220101,83985.005.65$575,003
Oct 20220114,62487.185.86$672,128
Sep 20220115,95184.888.16$946,587
Aug 20220124,51694.529.13$1,136,477
Jul 20220130,424101.587.54$983,668
Jun 20220132,904115.097.98$1,060,202
May 20220147,197109.378.43$1,241,318
Apr 20220153,713104.226.84$1,051,028
Mar 20220187,461108.885.08$951,627
Feb 20220269,27291.054.86$1,308,350
Jan 2022072,65381.844.54$329,676
Dec 20210071.323.90$0
Nov 2021046,61777.435.24$244,126
Oct 20210177,42779.795.71$1,013,795
Sep 20210180,64269.865.35$966,601
Aug 2021168192,88966.024.22$825,197
Jul 20210192,88970.783.98$768,099
Jun 20210191,79069.493.38$648,369
May 20210209,68463.483.02$632,757
Apr 20210208,23960.362.76$574,411
Mar 20210243,87961.302.72$662,605
Feb 20210213,34457.805.55$1,183,622
Jan 20210254,74750.412.81$715,908
Dec 20200266,33344.642.68$712,563
Nov 20200272,39538.772.71$737,256
Oct 20200299,58636.972.48$742,503
Sep 20200303,75337.091.99$604,784
Aug 20200338,47639.982.39$807,299
Jul 20200364,56838.371.83$665,380
Jun 20200381,63534.901.69$645,081
May 20200406,86816.921.81$738,364
Apr 20200445,24814.751.80$803,397
Mar 20200516,91430.341.86$959,511
Feb 20200479,12949.881.98$948,996
Jan 20200593,29057.252.09$1,242,788
Dec 20190196,53459.012.30$452,885

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas               45,234 Mcf  × $  3.05 =   $137,776

────────────────────────────────────────────────────
Month total                                 $137,776

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/289054 is the state's own key, not one this site invented.