WADDELL, W.N.

Name: WADDELL, W.N. lease production and value, Jul 2002 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BURLINGTON RES O & G CO-MIDLAND (P-5 109336) in the WADDELL (GRAYBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 190815District 08Field 94482375CondensateGasSave Export

Value, all time

$1.1 M

Jul 2002 – Sep 2012

Value, last 12 filed months

$21 k

at the published price for each month

Months reported

123

no gaps in the span

Streams

condensate, gas

The WADDELL (GRAYBURG) 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 61 leases and 75 wells, and the rule below applies to all of them.

Discovered

1928-04-10

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1986-02-01.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA ADMIN.SUSPENDED EFFECTIVE 1-1-93.”

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	942 bbl	$28,815
Gas	Production	179,105 Mcf	$1,082,687
Total			$1,111,502

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 31.5923, -102.4844. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.59228, -102.48439 · 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

0.0%

0 of 1 wells

Median depth

3,570 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

1100.0%

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.

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 3,570 ft.

Completions filed

Jul 2002

1 of 1 wells

1 well


42-10310387	872	3,570 ft	Jul 2002	—	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 (123)

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

123 months


Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	662	92.66	2.91	$1,925
Jul 2012	0	634	85.13	3.02	$1,915
Jun 2012	0	595	79.82	2.52	$1,499
May 2012	0	706	91.61	2.49	$1,757
Apr 2012	0	561	101.65	2.00	$1,120
Mar 2012	0	661	105.05	2.22	$1,469
Feb 2012	0	710	101.10	2.57	$1,825
Jan 2012	0	715	98.09	2.73	$1,955
Dec 2011	0	738	96.87	3.24	$2,391
Nov 2011	0	727	95.72	3.31	$2,407
Oct 2011	0	659	84.98	3.65	$2,404
Sep 2011	0	703	83.62	3.99	$2,802
Aug 2011	0	728	83.40	4.15	$3,021
Jul 2011	0	734	94.14	4.52	$3,316
Jun 2011	0	719	92.90	4.64	$3,336
May 2011	0	809	98.13	4.40	$3,564
Apr 2011	0	484	105.96	4.33	$2,097
Mar 2011	0	766	96.36	4.06	$3,108
Feb 2011	0	653	85.64	4.18	$2,730
Jan 2011	0	817	86.50	4.59	$3,749
Dec 2010	0	855	85.73	4.35	$3,717
Nov 2010	0	698	80.84	3.80	$2,649
Oct 2010	0	961	78.10	3.51	$3,372
Sep 2010	0	217	72.63	3.98	$864
Aug 2010	0	668	73.68	4.42	$2,952
Jul 2010	0	757	72.55	4.74	$3,586
Jun 2010	0	781	70.36	4.91	$3,835
May 2010	0	766	71.12	4.24	$3,244
Apr 2010	0	778	81.69	4.12	$3,207
Mar 2010	0	802	78.39	4.39	$3,520
Feb 2010	0	731	73.58	5.44	$3,978
Jan 2010	0	818	74.36	5.96	$4,879
Dec 2009	0	830	71.44	5.48	$4,552
Nov 2009	0	810	74.59	3.75	$3,039
Oct 2009	0	839	72.54	4.11	$3,449
Sep 2009	0	820	65.54	3.06	$2,513
Aug 2009	0	851	67.42	3.22	$2,739
Jul 2009	0	828	61.13	3.46	$2,869
Jun 2009	0	878	66.16	3.90	$3,420
May 2009	0	865	54.74	3.93	$3,396
Apr 2009	0	908	46.77	3.59	$3,257
Mar 2009	0	848	42.14	4.06	$3,442
Feb 2009	0	683	32.81	4.63	$3,164
Jan 2009	0	845	35.86	5.37	$4,539
Dec 2008	0	848	37.10	5.98	$5,069
Nov 2008	0	944	55.49	6.86	$6,476
Oct 2008	0	894	75.24	6.92	$6,188
Sep 2008	0	696	101.76	7.88	$5,482
Aug 2008	0	942	114.22	8.48	$7,991
Jul 2008	0	985	131.08	11.39	$11,219
Jun 2008	0	898	131.33	13.03	$11,703
May 2008	0	1,009	123.17	11.57	$11,678
Apr 2008	0	1,005	110.31	10.45	$10,507
Mar 2008	0	908	101.90	9.66	$8,775
Feb 2008	0	983	92.53	8.77	$8,621
Jan 2008	0	1,068	90.38	8.21	$8,764
Dec 2007	0	1,109	88.33	7.30	$8,098
Nov 2007	0	1,060	91.67	7.29	$7,729
Oct 2007	0	1,134	82.85	6.92	$7,850
Sep 2007	0	1,149	75.84	6.24	$7,175
Aug 2007	0	1,316	69.06	6.39	$8,407
Jul 2007	0	1,289	70.90	6.39	$8,234
Jun 2007	0	251	62.00	7.55	$1,895
May 2007	0	937	58.74	7.85	$7,352
Apr 2007	0	1,001	59.61	7.81	$7,813
Mar 2007	0	1,223	56.92	7.30	$8,930
Feb 2007	0	1,353	55.10	8.22	$11,116
Jan 2007	0	1,545	50.30	6.73	$10,393
Dec 2006	0	1,162	56.65	6.92	$8,039
Nov 2006	0	1,113	54.20	7.62	$8,478
Oct 2006	0	1,168	54.90	6.01	$7,024
Sep 2006	0	1,142	60.08	5.04	$5,752
Aug 2006	0	1,191	68.71	7.34	$8,742
Jul 2006	0	1,197	69.37	6.34	$7,592
Jun 2006	0	1,146	66.28	6.38	$7,316
May 2006	0	1,209	66.01	6.42	$7,768
Apr 2006	0	1,174	64.39	7.36	$8,641
Mar 2006	0	1,265	56.70	7.08	$8,960
Feb 2006	0	1,173	57.59	7.75	$9,092
Jan 2006	0	1,342	60.59	8.93	$11,989
Dec 2005	0	1,386	54.94	13.42	$18,594
Nov 2005	0	1,431	54.69	10.59	$15,152
Oct 2005	0	1,659	58.34	13.80	$22,887
Sep 2005	0	1,526	61.45	12.08	$18,433
Aug 2005	0	1,761	61.51	9.80	$17,252
Jul 2005	0	1,867	55.69	7.84	$14,644
Jun 2005	0	1,860	52.33	7.38	$13,729
May 2005	0	1,954	45.22	6.65	$12,996
Apr 2005	0	1,933	49.20	7.36	$14,228
Mar 2005	0	2,070	50.37	7.15	$14,811
Feb 2005	0	1,845	45.22	6.31	$11,645
Jan 2005	0	2,179	43.16	6.32	$13,776
Dec 2004	13	2,047	39.86	6.75	$14,338
Nov 2004	50	2,027	45.28	6.33	$15,096
Oct 2004	0	2,141	49.70	6.52	$13,949
Sep 2004	0	2,053	43.24	5.28	$10,848
Aug 2004	0	2,156	42.37	5.55	$11,967
Jul 2004	4	2,187	38.28	6.08	$13,459
Jun 2004	52	2,005	36.10	6.43	$14,775
May 2004	60	2,212	37.48	6.49	$16,615
Apr 2004	21	2,203	34.47	5.86	$13,630
Mar 2004	8	2,511	34.36	5.53	$14,161
Feb 2004	33	2,597	32.45	5.51	$15,379
Jan 2004	33	2,992	32.03	6.30	$19,906
Dec 2003	33	2,812	30.26	6.30	$18,719
Nov 2003	63	2,654	28.80	4.60	$14,010
Oct 2003	115	3,029	28.17	4.76	$17,657
Sep 2003	120	2,915	26.31	4.75	$17,002
Aug 2003	56	3,255	29.76	5.13	$18,364
Jul 2003	30	2,859	29.41	5.17	$15,666
Jun 2003	21	2,435	28.56	5.98	$15,168
May 2003	13	3,433	26.59	5.97	$20,850
Apr 2003	21	3,426	26.67	5.41	$19,085
Mar 2003	16	3,699	31.14	6.10	$23,047
Feb 2003	0	3,629	33.48	7.93	$28,763
Jan 2003	28	4,491	30.31	5.58	$25,918
Dec 2002	27	5,000	26.91	4.85	$24,995
Nov 2002	18	4,243	24.66	4.14	$17,997
Oct 2002	29	5,481	26.46	4.23	$23,947
Sep 2002	36	5,347	27.44	3.64	$20,425
Aug 2002	42	348	25.96	3.16	$2,191
Jul 2002	0	0	24.58	3.06	$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.

Aug 2012 — as filed, then multipliedworked

Condensate             0 bbl  × $ 92.66 =         $0
Gas                  662 Mcf  × $  2.91 =     $1,925

────────────────────────────────────────────────────
Month total                                   $1,925

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. 08/G/190815 is the state's own key, not one this site invented.