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 292364District 06Field 160323002 tax incentive programmesGasSaveExport
Value, all time
$31.8 M
Jan 2022 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
53
no gaps in the span
Streams
1
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 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-1112022-08-31230871

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
GasProduction6,630,286 Mcf$31,840,848
Total$31,840,848

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 32.3033, -94.4703. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.30330, -94.47033 · 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
11,577 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 11,577 ft.

Completions filed
Jan 2022
1 of 1 wells

1 well

42-365386532HH11,577 ftJan 2022

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 (53)

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

53 months

May 202648,157106.413.05$146,679
Apr 202648,39998.932.87$138,892
Mar 202650,84989.753.15$160,146
Feb 202646,74063.503.75$175,290
Jan 202655,05559.138.00$440,325
Dec 202556,88156.664.41$251,036
Nov 202556,12358.593.93$220,364
Oct 202564,10259.383.30$211,847
Sep 202574,59262.743.08$229,514
Aug 202558,54863.933.01$176,508
Jul 202560,80566.743.32$201,581
Jun 202559,49666.483.13$186,146
May 202557,79760.553.23$186,818
Apr 202560,80362.363.54$215,432
Mar 202566,36067.704.27$283,246
Feb 202563,82670.884.34$277,058
Jan 202570,62074.324.28$302,160
Dec 202483,41568.993.12$260,369
Nov 202492,68769.052.20$203,767
Oct 2024165,39071.372.28$377,321
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 202470,87279.932.15$152,133
Jun 2024126,48178.082.63$333,148
May 202496,23278.812.20$211,560
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 202418,67176.091.78$33,302
Jan 202496,33373.023.30$317,673
Dec 202399,58871.262.61$259,996
Nov 2023101,44377.892.81$284,807
Oct 2023108,68085.443.09$335,526
Sep 2023111,10489.042.74$303,874
Aug 2023119,83280.522.67$320,297
Jul 2023126,67574.852.64$334,650
Jun 2023125,09068.962.26$282,513
May 2023139,94970.622.23$311,722
Apr 2023144,05278.122.24$322,354
Mar 2023154,72172.852.39$370,272
Feb 2023152,29475.112.47$375,508
Jan 2023180,21276.533.39$610,508
Dec 2022195,85676.415.73$1,122,075
Nov 2022202,07185.005.65$1,140,933
Oct 2022216,50087.185.86$1,269,504
Sep 2022222,88284.888.16$1,819,537
Aug 2022254,62294.529.13$2,323,976
Jul 2022273,829101.587.54$2,065,240
Jun 2022289,654115.097.98$2,310,628
May 2022334,045109.378.43$2,817,015
Apr 2022344,847104.226.84$2,357,926
Mar 2022425,625108.885.08$2,160,643
Feb 2022371,64491.054.86$1,805,759
Jan 2022185,83781.844.54$843,269

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
Gas               48,157 Mcf  × $  3.05 =   $146,679

────────────────────────────────────────────────────
Month total                                 $146,679

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/292364 is the state's own key, not one this site invented.