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 292607District 06Field 160323002 tax incentive programmesGasSaveExport
Value, all time
$32.6 M
Jan 2022 – May 2026
Value, last 12 filed months
$2.4 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-1112022-08-31230873

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
GasProduction6,787,027 Mcf$32,558,442
Total$32,558,442

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 32.3023, -94.4769. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.30235, -94.47691 · 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
11,400 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 11,400 ft.

Completions filed
Jan 2022
1 of 1 wells

1 well

42-365386574HH11,400 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 202648,326106.413.05$147,193
Apr 202648,07598.932.87$137,962
Mar 202650,88289.753.15$160,250
Feb 202645,96463.503.75$172,380
Jan 202653,89659.138.00$431,056
Dec 202554,62056.664.41$241,058
Nov 202554,63158.593.93$214,505
Oct 202557,95559.383.30$191,532
Sep 202558,40162.743.08$179,695
Aug 202560,10563.933.01$181,202
Jul 202561,80466.743.32$204,893
Jun 202555,33666.483.13$173,131
May 202566,61660.553.23$215,324
Apr 202565,69562.363.54$232,765
Mar 202573,82067.704.27$315,087
Feb 202570,00670.884.34$303,885
Jan 202580,87774.324.28$346,047
Dec 202493,04268.993.12$290,419
Nov 202445,02969.052.20$98,994
Oct 2024107,81171.372.28$245,960
Sep 202490,78669.612.36$214,651
Aug 2024075.632.06$0
Jul 202469,72679.932.15$149,673
Jun 2024117,40378.082.63$309,237
May 2024112,78778.812.20$247,955
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 202419,31476.091.78$34,449
Jan 202495,90173.023.30$316,249
Dec 2023101,46371.262.61$264,891
Nov 202399,52077.892.81$279,408
Oct 2023108,83585.443.09$336,004
Sep 2023111,39189.042.74$304,659
Aug 2023120,04080.522.67$320,853
Jul 2023125,91874.852.64$332,650
Jun 2023122,95168.962.26$277,682
May 2023138,45870.622.23$308,401
Apr 2023142,13178.122.24$318,055
Mar 2023154,79072.852.39$370,437
Feb 2023186,87775.112.47$460,779
Jan 2023220,40576.533.39$746,670
Dec 2022222,33876.415.73$1,273,792
Nov 2022226,53985.005.65$1,279,085
Oct 2022222,83487.185.86$1,306,645
Sep 2022227,90084.888.16$1,860,503
Aug 2022251,33894.529.13$2,294,002
Jul 2022276,207101.587.54$2,083,175
Jun 2022292,638115.097.98$2,334,432
May 2022334,677109.378.43$2,822,345
Apr 2022342,202104.226.84$2,339,840
Mar 2022435,586108.885.08$2,211,209
Feb 2022379,36591.054.86$1,843,274
Jan 2022183,81681.844.54$834,098

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               48,326 Mcf  × $  3.05 =   $147,193

────────────────────────────────────────────────────
Month total                                 $147,193

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/292607 is the state's own key, not one this site invented.