WHEELER UNIT

Name: WHEELER UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BURK ROYALTY CO., LTD. (P-5 108799) 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 87043District 06Field 86233500NGPA filingCondensateGasSave Export

Value, all time

$786 k

Jan 1993 – Mar 2011

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

219

no gaps in the span

Streams

condensate, gas

The STOCKMAN (TRAVIS PEAK) 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 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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	5,995 bbl	$127,894
Gas	Production	286,192 Mcf	$658,557
Total			$786,451

107,187 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.7839, -94.3670. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.78393, -94.36698 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

8,700 ft

1 wells filed one

Completion to plug

31.3 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 8,700 ft.

Completions filed

Nov 1979

1 of 1 wells

Plug dates filed

Mar 2011

1 of 1 wells

Last completion to plug: a median of 31.3 years across the 1 well that filed both dates, with the middle half between 31.3 years and 31.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-41930300	1	8,700 ft	Nov 1979	Mar 2011	Yes

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 (219)

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

219 months


Mar 2011	39	0	96.36	4.06	$3,758
Feb 2011	0	29	85.64	4.18	$121
Jan 2011	0	43	86.50	4.59	$197
Dec 2010	0	56	85.73	4.35	$243
Nov 2010	0	49	80.84	3.80	$186
Oct 2010	0	46	78.10	3.51	$161
Sep 2010	0	27	72.63	3.98	$107
Aug 2010	0	203	73.68	4.42	$897
Jul 2010	0	374	72.55	4.74	$1,771
Jun 2010	0	257	70.36	4.91	$1,262
May 2010	0	120	71.12	4.24	$508
Apr 2010	0	123	81.69	4.12	$507
Mar 2010	0	152	78.39	4.39	$667
Feb 2010	0	100	73.58	5.44	$544
Jan 2010	0	106	74.36	5.96	$632
Dec 2009	0	95	71.44	5.48	$521
Nov 2009	0	123	74.59	3.75	$461
Oct 2009	0	92	72.54	4.11	$378
Sep 2009	0	82	65.54	3.06	$251
Aug 2009	0	98	67.42	3.22	$315
Jul 2009	0	156	61.13	3.46	$540
Jun 2009	0	103	66.16	3.90	$401
May 2009	0	182	54.74	3.93	$714
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	11	54.90	6.01	$66
Sep 2006	0	1	60.08	5.04	$5
Aug 2006	0	1	68.71	7.34	$7
Jul 2006	0	38	69.37	6.34	$241
Jun 2006	0	18	66.28	6.38	$115
May 2006	0	24	66.01	6.42	$154
Apr 2006	0	43	64.39	7.36	$317
Mar 2006	0	129	56.70	7.08	$914
Feb 2006	0	407	57.59	7.75	$3,155
Jan 2006	0	428	60.59	8.93	$3,823
Dec 2005	0	466	54.94	13.42	$6,252
Nov 2005	0	204	54.69	10.59	$2,160
Oct 2005	0	172	58.34	13.80	$2,373
Sep 2005	0	85	61.45	12.08	$1,027
Aug 2005	0	126	61.51	9.80	$1,234
Jul 2005	0	69	55.69	7.84	$541
Jun 2005	0	69	52.33	7.38	$509
May 2005	0	101	45.22	6.65	$672
Apr 2005	0	145	49.20	7.36	$1,067
Mar 2005	0	270	50.37	7.15	$1,932
Feb 2005	0	459	45.22	6.31	$2,897
Jan 2005	0	439	43.16	6.32	$2,775
Dec 2004	0	185	39.86	6.75	$1,249
Nov 2004	0	309	45.28	6.33	$1,956
Oct 2004	0	140	49.70	6.52	$912
Sep 2004	0	122	43.24	5.28	$645
Aug 2004	0	125	42.37	5.55	$694
Jul 2004	170	181	38.28	6.08	$7,609
Jun 2004	0	264	36.10	6.43	$1,698
May 2004	0	435	37.48	6.49	$2,825
Apr 2004	0	603	34.47	5.86	$3,533
Mar 2004	0	691	34.36	5.53	$3,821
Feb 2004	0	928	32.45	5.51	$5,113
Jan 2004	0	1,118	32.03	6.30	$7,043
Dec 2003	0	1,224	30.26	6.30	$7,713
Nov 2003	1	1,338	28.80	4.60	$6,177
Oct 2003	144	1,499	28.17	4.76	$11,191
Sep 2003	0	1,693	26.31	4.75	$8,041
Aug 2003	0	2,135	29.76	5.13	$10,952
Jul 2003	0	2,246	29.41	5.17	$11,614
Jun 2003	149	2,185	28.56	5.98	$17,328
May 2003	0	2,320	26.59	5.97	$13,857
Apr 2003	0	2,277	26.67	5.41	$12,312
Mar 2003	1	2,421	31.14	6.10	$14,790
Feb 2003	177	2,171	33.48	7.93	$23,133
Jan 2003	2	2,498	30.31	5.58	$14,005
Dec 2002	1	2,578	26.91	4.85	$12,540
Nov 2002	146	2,632	24.66	4.14	$14,489
Oct 2002	1	2,802	26.46	4.23	$11,876
Sep 2002	1	1,861	27.44	3.64	$6,793
Aug 2002	170	2,625	25.96	3.16	$12,719
Jul 2002	1	2,390	24.58	3.06	$7,342
Jun 2002	0	2,482	23.73	3.34	$8,286
May 2002	194	2,529	24.66	3.58	$13,848
Apr 2002	0	2,333	23.65	3.51	$8,194
Mar 2002	0	2,133	22.00	3.10	$6,618
Feb 2002	181	2,161	18.22	2.38	$8,432
Jan 2002	0	2,234	17.17	2.38	$5,307
Dec 2001	0	2,174	16.93	2.36	$5,140
Nov 2001	0	2,032	18.07	2.41	$4,888
Oct 2001	156	2,257	19.78	2.53	$8,793
Sep 2001	0	2,324	24.26	2.25	$5,232
Aug 2001	0	2,659	24.87	3.05	$8,118
Jul 2001	114	2,344	23.93	3.20	$10,222
Jun 2001	0	2,525	24.56	3.82	$9,656
May 2001	164	2,350	25.52	4.31	$14,307
Apr 2001	0	2,502	24.68	5.34	$13,349
Mar 2001	0	1,600	24.54	5.38	$8,602
Feb 2001	173	2,164	27.75	5.77	$17,281
Jan 2001	0	823	27.47	8.40	$6,912
Dec 2000	0	1,597	26.88	9.12	$14,569
Nov 2000	0	1,673	32.21	5.66	$9,466
Oct 2000	59	1,615	31.23	5.15	$10,153
Sep 2000	0	1,602	31.87	5.19	$8,309
Aug 2000	131	1,515	29.64	4.54	$10,762
Jul 2000	0	1,631	28.53	4.09	$6,670
Jun 2000	0	1,611	29.30	4.40	$7,084
May 2000	0	1,719	27.26	3.68	$6,325
Apr 2000	112	1,651	24.51	3.12	$7,890
Mar 2000	0	2,073	28.42	2.86	$5,928
Feb 2000	151	1,853	27.62	2.73	$9,223
Jan 2000	0	1,883	25.27	2.48	$4,671
Dec 1999	0	1,935	24.28	2.42	$4,690
Nov 1999	0	1,741	23.19	2.43	$4,238
Oct 1999	132	2,042	20.98	2.80	$8,495
Sep 1999	0	1,490	21.75	2.62	$3,902
Aug 1999	0	1,579	19.26	2.88	$4,541
Jul 1999	146	2,022	17.89	2.37	$7,409
Jun 1999	0	1,966	15.94	2.36	$4,644
May 1999	0	2,011	15.79	2.32	$4,668
Apr 1999	0	964	15.10	2.21	$2,129
Mar 1999	0	1,468	12.47	1.84	$2,699
Feb 1999	79	1,736	9.98	1.82	$3,944
Jan 1999	0	1,910	10.38	1.90	$3,629
Dec 1998	200	1,827	9.20	1.77	$5,080
Nov 1998	0	1,774	10.89	2.19	$3,877
Oct 1998	0	2,123	12.42	1.97	$4,181
Sep 1998	0	1,763	12.59	2.08	$3,672
Aug 1998	0	1,827	11.30	1.91	$3,485
Jul 1998	0	2,035	11.74	2.24	$4,553
Jun 1998	0	2,245	11.24	2.24	$5,023
May 1998	2	2,140	12.62	2.21	$4,747
Apr 1998	0	1,967	13.04	2.51	$4,928
Mar 1998	214	1,931	12.80	2.31	$7,199
Feb 1998	0	1,924	13.95	2.30	$4,424
Jan 1998	0	2,145	14.70	2.15	$4,622
Dec 1997	0	2,188	16.32	2.41	$5,275
Nov 1997	0	1,857	18.19	3.09	$5,735
Oct 1997	0	2,196	19.25	3.15	$6,917
Sep 1997	167	2,012	17.74	2.95	$8,908
Aug 1997	1	2,107	17.86	2.55	$5,401
Jul 1997	0	2,116	17.58	2.25	$4,755
Jun 1997	0	2,062	17.24	2.26	$4,654
May 1997	191	2,093	18.97	2.31	$8,455
Apr 1997	2	1,757	17.88	2.08	$3,695
Mar 1997	0	2,104	18.95	1.94	$4,080
Feb 1997	0	2,010	20.49	2.21	$4,434
Jan 1997	0	1,572	23.48	3.54	$5,564
Dec 1996	145	1,807	23.32	—	$3,381
Nov 1996	257	2,062	21.97	—	$5,646
Oct 1996	0	1,667	23.31	—	$0
Sep 1996	0	223	22.22	—	$0
Aug 1996	0	2,046	20.26	—	$0
Jul 1996	0	2,134	19.55	—	$0
Jun 1996	0	2,328	18.73	—	$0
May 1996	0	2,204	19.43	—	$0
Apr 1996	0	1,990	21.51	—	$0
Mar 1996	183	1,989	19.38	—	$3,547
Feb 1996	0	1,867	16.98	—	$0
Jan 1996	0	2,073	17.07	—	$0
Dec 1995	1	2,339	17.19	—	$17
Nov 1995	170	2,386	16.00	—	$2,720
Oct 1995	0	2,353	15.43	—	$0
Sep 1995	0	2,328	16.18	—	$0
Aug 1995	0	2,611	15.92	—	$0
Jul 1995	0	2,377	15.24	—	$0
Jun 1995	371	2,315	16.41	—	$6,088
May 1995	0	2,556	17.56	—	$0
Apr 1995	0	2,594	17.73	—	$0
Mar 1995	1	2,616	16.44	—	$16
Feb 1995	0	2,052	16.58	—	$0
Jan 1995	176	1,964	15.92	—	$2,802
Dec 1994	0	1,990	15.03	—	$0
Nov 1994	0	2,213	15.90	—	$0
Oct 1994	0	3,040	15.58	—	$0
Sep 1994	0	2,232	15.29	—	$0
Aug 1994	184	2,446	16.13	—	$2,968
Jul 1994	180	2,230	17.56	—	$3,161
Jun 1994	0	2,218	17.09	—	$0
May 1994	0	2,146	15.88	—	$0
Apr 1994	0	2,279	14.14	—	$0
Mar 1994	0	2,438	12.46	—	$0
Feb 1994	209	2,016	12.50	—	$2,613
Jan 1994	0	1,160	12.66	—	$0
Dec 1993	0	2,658	12.33	—	$0
Nov 1993	0	2,518	14.49	—	$0
Oct 1993	176	2,222	15.85	—	$2,790
Sep 1993	0	2,247	15.03	—	$0
Aug 1993	0	2,381	15.66	—	$0
Jul 1993	0	2,427	15.46	—	$0
Jun 1993	182	2,344	16.79	—	$3,056
May 1993	0	2,437	17.68	—	$0
Apr 1993	0	2,351	18.05	—	$0
Mar 1993	188	2,819	18.14	—	$3,410
Feb 1993	0	2,834	17.90	—	$0
Jan 1993	0	2,660	16.93	—	$0

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 2011 — as filed, then multipliedworked

Condensate            39 bbl  × $ 96.36 =     $3,758
Gas                    0 Mcf  × $  4.06 =         $0

────────────────────────────────────────────────────
Month total                                   $3,758

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/87043 is the state's own key, not one this site invented.