REAGON, WILLIAM C.

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

Operated by SMITH RESOURCES, INC. (P-5 796160) in the WHELAN (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11275District 06Field 96789625NGPA filingOilCasinghead gasSave Export

Value, all time

$285 k

Jan 1993 – Mar 2015

Value, last 12 filed months

$23 k

at the published price for each month

Months reported

267

no gaps in the span

Streams

oil, casinghead gas

The WHELAN (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 33 leases and 37 wells, and the rule below applies to all of them.

Discovered

1945-08-03

as the register files it

Field class

Oil and gas

the register's own label

Between wells

2,640 ft

minimum

From a lease line

1,320 ft

minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: “RECOMPLETED PRIOR TO 6-1-68. OVERPRODUCTION NOT PERMITTED.”

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
Oil	Disposition	8,955 bbl	$284,679
Casinghead gas	Production	416 Mcf	$0
Total			$284,679

416 Mcf of this lease's gas, across 33 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 32.6990, -94.5581. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.69902, -94.55807 · 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

7,700 ft

1 wells filed one

Completion to plug

30.7 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 7,700 ft.

Completions filed

Jan 1984

1 of 1 wells

Plug dates filed

Sep 2014

1 of 1 wells

Last completion to plug: a median of 30.7 years across the 1 well that filed both dates, with the middle half between 30.7 years and 30.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-20331051	1	7,700 ft	Jan 1984	Sep 2014	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 (267)

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

267 months


Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	264	0	86.16	4.05	$22,746
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	1	0	96.36	4.06	$96
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	177	0	66.16	3.90	$11,710
May 2009	0	0	54.74	3.93	$0
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	179	0	55.49	6.86	$9,933
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	195	0	110.31	10.45	$21,510
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	191	0	82.85	6.92	$15,824
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	176	0	55.10	8.22	$9,698
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	178	0	54.90	6.01	$9,772
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	173	0	66.01	6.42	$11,420
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	170	0	54.94	13.42	$9,340
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	178	0	61.51	9.80	$10,949
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	176	0	50.37	7.15	$8,865
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	180	0	45.28	6.33	$8,150
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	1	0	43.24	5.28	$43
Aug 2004	4	0	42.37	5.55	$169
Jul 2004	182	0	38.28	6.08	$6,967
Jun 2004	5	0	36.10	6.43	$181
May 2004	3	0	37.48	6.49	$112
Apr 2004	10	0	34.47	5.86	$345
Mar 2004	4	0	34.36	5.53	$137
Feb 2004	187	0	32.45	5.51	$6,068
Jan 2004	4	0	32.03	6.30	$128
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	182	0	26.46	4.23	$4,816
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	187	0	22.00	3.10	$4,114
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	189	0	18.07	2.41	$3,415
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	177	0	23.93	3.20	$4,236
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	181	0	24.68	5.34	$4,467
Mar 2001	2	0	24.54	5.38	$49
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	179	0	27.47	8.40	$4,917
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	179	0	31.23	5.15	$5,590
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	190	0	28.53	4.09	$5,421
Jun 2000	0	0	29.30	4.40	$0
May 2000	181	0	27.26	3.68	$4,934
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	188	0	25.27	2.48	$4,751
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	183	0	21.75	2.62	$3,980
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	174	0	15.79	2.32	$2,747
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	165	0	9.98	1.82	$1,647
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	151	0	12.42	1.97	$1,875
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	177	0	11.74	2.24	$2,078
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	151	0	13.95	2.30	$2,106
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	149	0	18.19	3.09	$2,710
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	166	0	17.86	2.55	$2,965
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	165	0	17.24	2.26	$2,845
May 1997	0	0	18.97	2.31	$0
Apr 1997	172	0	17.88	2.08	$3,075
Mar 1997	0	0	18.95	1.94	$0
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	0	0	23.48	3.54	$0
Dec 1996	0	0	23.32	—	$0
Nov 1996	0	0	21.97	—	$0
Oct 1996	175	0	23.31	—	$4,079
Sep 1996	0	0	22.22	—	$0
Aug 1996	0	0	20.26	—	$0
Jul 1996	154	0	19.55	—	$3,011
Jun 1996	0	0	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	0	19.38	—	$0
Feb 1996	204	0	16.98	—	$3,464
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	186	1	15.43	—	$2,870
Sep 1995	0	1	16.18	—	$0
Aug 1995	0	1	15.92	—	$0
Jul 1995	180	1	15.24	—	$2,743
Jun 1995	0	1	16.41	—	$0
May 1995	0	1	17.56	—	$0
Apr 1995	149	1	17.73	—	$2,642
Mar 1995	0	1	16.44	—	$0
Feb 1995	133	1	16.58	—	$2,205
Jan 1995	185	1	15.92	—	$2,945
Dec 1994	181	1	15.03	—	$2,720
Nov 1994	0	1	15.90	—	$0
Oct 1994	1	1	15.58	—	$16
Sep 1994	1	1	15.29	—	$15
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	1	17.56	—	$0
Jun 1994	180	1	17.09	—	$3,076
May 1994	2	1	15.88	—	$32
Apr 1994	185	1	14.14	—	$2,616
Mar 1994	0	1	12.46	—	$0
Feb 1994	21	1	12.50	—	$263
Jan 1994	0	1	12.66	—	$0
Dec 1993	0	1	12.33	—	$0
Nov 1993	0	1	14.49	—	$0
Oct 1993	0	1	15.85	—	$0
Sep 1993	92	40	15.03	—	$1,383
Aug 1993	188	40	15.66	—	$2,944
Jul 1993	2	38	15.46	—	$31
Jun 1993	202	40	16.79	—	$3,392
May 1993	3	40	17.68	—	$53
Apr 1993	196	46	18.05	—	$3,538
Mar 1993	3	50	18.14	—	$54
Feb 1993	202	48	17.90	—	$3,616
Jan 1993	4	50	16.93	—	$68

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.

Sep 2014 — as filed, then multipliedworked

Oil                  264 bbl  × $ 86.16 =    $22,746
Casinghead gas         0 Mcf  × $  4.05 =         $0

────────────────────────────────────────────────────
Month total                                  $22,746

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/O/11275 is the state's own key, not one this site invented.