WERNER-GIBBS

Operated by TGNR PANOLA LLC (P-5 102948) in the CARTHAGE field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 129District 06Field 16032001OilCasinghead gasSaveExport
Value, all time
$2.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 48 leases and 57 wells, and the rule below applies to all of them.

Discovered
1944-06-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
3,760 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1945-05-01.

The Commission's schedule remark for this field reads: PRORATED FIELD EFFECTIVE 04/01/2025.

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
OilDisposition29,621 bbl$1,369,053
Casinghead gasProduction234,668 Mcf$853,842
Total$2,222,896

41,380 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 32.0715, -94.1258. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.07154, -94.12585 · 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
6,250 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 6,250 ft.

Completions filed
Oct 1949
1 of 1 wells

1 well

42-365012831 T6,250 ftOct 1949

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 202514062.363.54$873
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024184084.451.66$15,539
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200130.341.86$2
Feb 202002449.881.98$48
Jan 202016618357.252.09$9,887
Dec 201917037859.012.30$10,903
Nov 2019031355.302.75$861
Oct 201914654553.472.42$9,125
Sep 2019044555.052.66$1,182
Aug 201913128053.112.30$7,603
Jul 2019033056.272.46$812
Jun 2019044752.782.49$1,114
May 2019046458.482.74$1,272
Apr 201913340362.632.75$9,438
Mar 2019061156.803.06$1,871
Feb 2019017350.852.79$483
Jan 2019020846.033.23$671
Dec 2018023046.594.19$963
Nov 2018036752.934.24$1,555
Oct 201816573461.443.40$12,632
Sep 201814864959.543.11$10,829
Aug 2018066459.403.07$2,036
Jul 2018065065.142.93$1,906
Jun 201815658060.183.08$11,173
May 2018066765.382.90$1,935
Apr 201815479663.842.90$12,140
Mar 2018085861.222.79$2,391
Feb 201815670161.782.77$11,577
Jan 2018081462.874.01$3,264
Dec 2017080257.272.92$2,343
Nov 201716075655.423.12$11,225
Oct 201715574149.292.98$9,851
Sep 2017070447.523.09$2,173
Aug 201715670945.373.00$9,208
Jul 201715871643.873.09$9,142
Jun 2017071742.493.09$2,214
May 201714876545.373.26$9,211
Apr 2017079247.933.21$2,544
Mar 201715385246.772.98$9,698
Feb 201715974150.452.95$10,209
Jan 2017082849.413.42$2,831
Dec 201615678548.763.72$10,529
Nov 2016075542.492.64$1,996
Oct 201615476246.193.09$9,468
Sep 201615669541.553.10$8,637
Aug 2016069041.442.92$2,018
Jul 201615561541.622.92$8,250
Jun 201615566045.352.69$8,802
May 2016071242.521.99$1,418
Apr 201615471736.561.99$7,058
Mar 2016076133.011.79$1,365
Feb 201617069226.472.06$5,928
Jan 2016074627.352.36$1,764
Dec 201515271932.362.00$6,358
Nov 2015067138.792.17$1,454
Oct 201516667343.552.43$8,862
Sep 201516252842.992.76$8,421
Aug 2015053440.162.87$1,534
Jul 201516147148.152.95$9,139
Jun 2015050456.152.88$1,453
May 201516356855.212.96$10,678
Apr 2015058149.822.71$1,573
Mar 201517657542.892.93$9,236
Feb 2015056344.662.98$1,676
Jan 201516561743.433.10$9,079
Dec 2014063754.693.59$2,288
Nov 201416567270.464.25$14,483
Oct 201416377578.303.90$15,786
Sep 2014023086.164.05$930
Aug 2014011689.394.04$468
Jul 2014013696.564.18$568
Jun 2014016498.164.74$777
May 2014022194.734.73$1,045
Apr 2014027895.944.81$1,337
Mar 201417253895.895.06$19,214
Feb 2014073297.406.19$4,533
Jan 201416273290.404.86$18,203
Dec 2013080491.824.35$3,501
Nov 201317174288.853.74$17,967
Oct 2013078397.423.78$2,959
Sep 2013152749104.113.72$18,609
Aug 20130458104.253.52$1,613
Jul 2013157834102.523.72$19,196
Jun 2013082094.403.93$3,225
May 201315494594.834.15$18,525
Apr 201315697593.964.28$18,833
Mar 2013098293.623.91$3,842
Feb 201316588791.233.42$18,086
Jan 2013098591.603.42$3,369
Dec 201215895986.773.42$16,990
Nov 201215096986.953.62$16,555
Oct 2012092489.383.40$3,141
Sep 201215690094.672.92$17,395
Aug 20121481,23292.662.91$17,297
Jul 201202,93085.133.02$8,851
Jun 20121631,94679.822.52$17,913
May 2012081191.612.49$2,018
Apr 2012152832101.652.00$17,112
Mar 20120990105.052.22$2,200
Feb 2012165843101.102.57$18,848
Jan 201216798698.092.73$19,077
Dec 201101,35596.873.24$4,390
Nov 201116884195.723.31$18,866
Oct 20111561,12584.983.65$17,361
Sep 201107183.623.99$283
Aug 20110083.404.15$0
Jul 2011066194.144.52$2,986
Jun 2011078592.904.64$3,642
May 201116262398.134.40$18,641
Apr 2011154799105.964.33$19,780
Mar 2011080696.364.06$3,270
Feb 201116470785.644.18$17,000
Jan 2011080886.504.59$3,708
Dec 201016983685.734.35$18,123
Nov 2010086180.843.80$3,268
Oct 20101741,12678.103.51$17,540
Sep 2010014872.633.98$589
Aug 201015559873.684.42$14,063
Jul 201016577772.554.74$15,651
Jun 2010068670.364.91$3,369
May 201017577471.124.24$15,724
Apr 2010077081.694.12$3,174
Mar 201016777278.394.39$16,479
Feb 2010067273.585.44$3,657
Jan 201017174474.365.96$17,153
Dec 2009061771.445.48$3,383
Nov 200917270474.593.75$15,471
Oct 2009050972.544.11$2,092
Sep 200916969465.543.06$13,203
Aug 2009065467.423.22$2,105
Jul 200917873861.133.46$13,438
Jun 2009072766.163.90$2,832
May 200917475154.743.93$12,473
Apr 2009069846.773.59$2,504
Mar 200917370042.144.06$10,132
Feb 2009064032.814.63$2,965
Jan 200917370535.865.37$9,990
Dec 200816866837.105.98$10,226
Nov 2008070455.496.86$4,830
Oct 2008080075.246.92$5,538
Sep 2008172729101.767.88$23,245
Aug 2008169788114.228.48$25,988
Jul 20080808131.0811.39$9,203
Jun 2008175790131.3313.03$33,279
May 2008170785123.1711.57$30,025
Apr 20080781110.3110.45$8,165
Mar 2008179790101.909.66$25,875
Feb 2008069192.538.77$6,060
Jan 200818960490.388.21$22,038
Dec 2007062488.337.30$4,556
Nov 200717368991.677.29$20,883
Oct 2007078682.856.92$5,441
Sep 2007073975.846.24$4,614
Aug 200717976169.066.39$17,223
Jul 2007080770.906.39$5,155
Jun 200716973962.007.55$16,056
May 200717379658.747.85$16,408
Apr 2007077559.617.81$6,049
Mar 200717578456.927.30$15,686
Feb 200717666855.108.22$15,186
Jan 2007074250.306.73$4,991
Dec 200617377556.656.92$15,162
Nov 2006075654.207.62$5,759
Oct 200617480454.906.01$14,388
Sep 200617778460.085.04$14,583
Aug 2006076668.717.34$5,622
Jul 200617676069.376.34$17,030
Jun 2006067566.286.38$4,309
May 200618171066.016.42$16,510
Apr 200618367764.397.36$16,766
Mar 2006069956.707.08$4,951
Feb 2006060357.597.75$4,674
Jan 200617772860.598.93$17,228
Dec 200518472554.9413.42$19,835
Nov 2005069554.6910.59$7,359
Oct 200517873158.3413.80$20,469
Sep 2005061161.4512.08$7,380
Aug 200517562361.519.80$16,868
Jul 2005074355.697.84$5,828
Jun 200517573152.337.38$14,553
May 2005076045.226.65$5,055
Apr 2005069149.207.36$5,086
Mar 200518067850.377.15$13,918
Feb 200517760845.226.31$11,842
Jan 2005068643.166.32$4,337
Dec 200418369739.866.75$12,000
Nov 2004069445.286.33$4,393
Oct 200417770049.706.52$13,357
Sep 2004060743.245.28$3,207
Aug 200417771242.375.55$11,452
Jul 2004068338.286.08$4,155
Jun 200417870836.106.43$10,980
May 2004077737.486.49$5,046
Apr 200417969934.475.86$10,265
Mar 2004075834.365.53$4,192
Feb 200417870732.455.51$9,671
Jan 2004076232.036.30$4,800
Dec 200317587830.266.30$10,828
Nov 2003082128.804.60$3,773
Oct 200317382028.174.76$8,776
Sep 2003089426.314.75$4,246
Aug 20031721,08429.765.13$10,679
Jul 2003095829.415.17$4,954
Jun 200317577828.565.98$9,653
May 2003080626.595.97$4,814
Apr 200317475426.675.41$8,718
Mar 200317572231.146.10$9,851
Feb 2003063433.487.93$5,025
Jan 200317571930.315.58$9,318
Dec 2002070726.914.85$3,432
Nov 200216867924.664.14$6,952
Oct 2002073726.464.23$3,117
Sep 200217474527.443.64$7,483
Aug 200216864925.963.16$6,415
Jul 2002061224.583.06$1,874
Jun 2002071423.733.34$2,384
May 200217548524.663.58$6,054
Apr 2002065223.653.51$2,290
Mar 200217466822.003.10$5,901
Feb 2002060718.222.38$1,442
Jan 200218060817.172.38$4,535
Dec 2001064816.932.36$1,532
Nov 200117461518.072.41$4,624
Oct 2001068819.782.53$1,740
Sep 200117468124.262.25$5,754
Aug 200117368824.873.05$6,403
Jul 200117471023.933.20$6,434
Jun 2001063524.563.82$2,428
May 2001068725.524.31$2,959
Apr 200117562224.685.34$7,638
Mar 2001064924.545.38$3,489
Feb 200117658127.755.77$8,235
Jan 200117963727.478.40$10,267
Dec 2000059626.889.12$5,437
Nov 200017360432.215.66$8,990
Oct 2000066831.235.15$3,437
Sep 200017652731.875.19$8,342
Aug 2000063329.644.54$2,874
Jul 200016667928.534.09$7,513
Jun 2000070529.304.40$3,100
May 200014474027.263.68$6,648
Apr 2000066624.513.12$2,075
Mar 200018168328.422.86$7,097
Feb 2000062727.622.73$1,710
Jan 2000074625.272.48$1,850
Dec 199916577724.282.42$5,889
Nov 199917971523.192.43$5,891
Oct 1999076620.982.80$2,148
Sep 199917566421.752.62$5,545
Aug 1999061919.262.88$1,780
Jul 199917458517.892.37$4,501
Jun 1999070315.942.36$1,661
May 199917870515.792.32$4,447
Apr 1999065115.102.21$1,437
Mar 199917066812.471.84$3,348
Feb 199905209.981.82$945
Jan 199918061410.381.90$3,035
Dec 199805439.201.77$963
Nov 1998055010.892.19$1,202
Oct 199817168312.421.97$3,469
Sep 1998062912.592.08$1,310
Aug 199816765311.301.91$3,133
Jul 199817871011.742.24$3,678
Jun 1998071511.242.24$1,600
May 199817348912.622.21$3,262
Apr 1998075513.042.51$1,892
Mar 199817769312.802.31$3,866
Feb 1998060613.952.30$1,393
Jan 199818367614.702.15$4,147
Dec 1997067416.322.41$1,625
Nov 199717862518.193.09$5,168
Oct 1997070719.253.15$2,227
Sep 199717762917.742.95$4,999
Aug 199717668317.862.55$4,888
Jul 1997080617.582.25$1,811
Jun 199717781317.242.26$4,887
May 199717891918.972.31$5,498
Apr 1997052317.882.08$1,089
Mar 199718182318.951.94$5,026
Feb 1997075320.492.21$1,661
Jan 1997059623.483.54$2,110
Dec 199617876723.32$4,151
Nov 199618180621.97$3,977
Oct 1996078423.31$0
Sep 199618076422.22$4,000
Aug 1996077420.26$0
Jul 199617175319.55$3,343
Jun 1996077318.73$0
May 199617677019.43$3,420
Apr 199617868021.51$3,829
Mar 1996072519.38$0
Feb 199617980816.98$3,039
Jan 1996073517.07$0
Dec 199518281717.19$3,129
Nov 199517974516.00$2,864
Oct 1995075515.43$0
Sep 199517871916.18$2,880
Aug 1995082615.92$0
Jul 199517682615.24$2,682
Jun 199517881016.41$2,921
May 1995087317.56$0
Apr 199517783117.73$3,138
Mar 1995287816.44$33
Feb 199518465616.58$3,051
Jan 1995074215.92$0
Dec 199418184715.03$2,720
Nov 199417992015.90$2,846
Oct 199417591415.58$2,727
Sep 1994092315.29$0
Aug 199417693116.13$2,839
Jul 1994089817.56$0
Jun 199417683617.09$3,008
May 199418194115.88$2,874
Apr 1994085114.14$0
Mar 199417683912.46$2,193
Feb 1994081212.50$0
Jan 19941831,03512.66$2,317
Dec 199317893912.33$2,195
Nov 1993094914.49$0
Oct 19931771,07915.85$2,805
Sep 19931771,03315.03$2,660
Aug 199301,03415.66$0
Jul 19931801,02815.46$2,783
Jun 19931771,01616.79$2,972
May 199301,10217.68$0
Apr 199318199018.05$3,267
Mar 19931791,02118.14$3,247
Feb 1993080417.90$0
Jan 19931851,02116.93$3,132

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.

Apr 2025 — as filed, then multipliedworked
Oil                   14 bbl  × $ 62.36 =       $873
Casinghead gas         0 Mcf  × $  3.54 =         $0

────────────────────────────────────────────────────
Month total                                     $873

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/129 is the state's own key, not one this site invented.