WADDELL, W.N. TR. -4-

Operated by BURLINGTON RES O & G CO-MIDLAND (P-5 109336) in the BLOCK 31, NW. (PENN UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24052District 08Field 09362500NGPA filingOilCasinghead gasSaveExport
Value, all time
$916 k
Jan 1993 – Jun 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
246
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 26 leases and 86 wells, and the rule below applies to all of them.

Discovered
1969-01-27
as the register files it
Field class
Oil
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 10 acres. The field rule took effect on 2025-08-19.

The Commission's schedule remark for this field reads: VERTICAL WELLS. 6MONTH EXCEPTION TO SWR51A

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

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
OilDisposition50,448 bbl$869,833
Casinghead gasProduction37,061 Mcf$46,294
Total$916,127

20,375 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 (4)

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 31.5352, -102.5154. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.6 miles.

31.53760, -102.51678 · 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
100.0%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
8,593 ft
4 wells filed one
Completion to plug
14.0 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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

Between 8,100 and 10,175 ft, median 8,593 ft, over the 4 wells that filed a depth.

Completions filed
May 1976 – Mar 2007
3 of 4 wells; 1 filed none
Plug dates filed
Sep 1980 – Feb 2013
4 of 4 wells

Last completion to plug: a median of 14.0 years across the 2 wells that filed both dates, with the middle half between 11.3 years and 16.7 years. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

4 wells

42-1033048611068,685 ftSep 1980Yes
42-1033353811668,500 ftMar 2007Dec 2005Yes
42-1033040710988,100 ftJun 2004Feb 2013Yes
42-1031059791010,175 ftMay 1976Sep 1995Yes

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 (246)

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

246 months

Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20051061.4512.08$61
Aug 20050761.519.80$69
Jul 200513055.697.84$291
Jun 200503052.337.38$221
May 200503345.226.65$219
Apr 200533049.207.36$368
Mar 2005102950.377.15$711
Feb 200592545.226.31$565
Jan 200533143.166.32$325
Dec 200412339.866.75$195
Nov 200413045.286.33$235
Oct 200413149.706.52$252
Sep 200412943.245.28$196
Aug 20042142.375.55$90
Jul 200415238.286.08$586
Jun 200452436.106.43$335
May 2004243237.486.49$1,107
Apr 2004142934.475.86$652
Mar 2004203034.365.53$853
Feb 200422132.455.51$181
Jan 200402632.036.30$164
Dec 20031030.266.30$30
Nov 2003118928.804.60$897
Oct 200314628.174.76$247
Sep 200304126.314.75$195
Aug 2003134229.765.13$602
Jul 200311829.415.17$122
Jun 200310428.565.98$310
May 2003126426.595.97$701
Apr 2003508726.675.41$1,804
Mar 2003116431.146.10$733
Feb 200312833.487.93$255
Jan 200303530.315.58$195
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 200202423.653.51$84
Mar 200203022.003.10$93
Feb 20020718.222.38$17
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000169031.875.19$5,386
Aug 200017227429.644.54$6,342
Jul 200031028328.534.09$10,002
Jun 200062542029.304.40$20,159
May 200053741527.263.68$16,166
Apr 200057739624.513.12$15,376
Mar 200051941328.422.86$15,931
Feb 200063432327.622.73$18,392
Jan 200064237425.272.48$17,151
Dec 199948235524.282.42$12,563
Nov 199963535123.192.43$15,580
Oct 199962337320.982.80$14,116
Sep 199947436021.752.62$11,252
Aug 199966236119.262.88$13,788
Jul 199960933617.892.37$11,692
Jun 199955437015.942.36$9,705
May 199964242415.792.32$11,121
Apr 199964743915.102.21$10,739
Mar 199964146012.471.84$8,839
Feb 19995304449.981.82$6,097
Jan 199961033410.381.90$6,966
Dec 19985663869.201.77$5,892
Nov 199867332610.892.19$8,042
Oct 199851136712.421.97$7,069
Sep 199868639212.592.08$9,453
Aug 199868840011.301.91$8,537
Jul 199857045811.742.24$7,716
Jun 199867532111.242.24$8,305
May 199865833612.622.21$9,045
Apr 19981,01132313.042.51$13,993
Mar 19981,01733512.802.31$13,791
Feb 199840018313.952.30$6,001
Jan 199848721114.702.15$7,614
Dec 199757227716.322.41$10,003
Nov 199742526318.193.09$8,543
Oct 199744325719.253.15$9,337
Sep 199743430917.742.95$8,612
Aug 199738336017.862.55$7,760
Jul 199742332717.582.25$8,171
Jun 199742942917.242.26$8,364
May 199739732518.972.31$8,281
Apr 199740120817.882.08$7,603
Mar 199745020118.951.94$8,917
Feb 199732551220.492.21$7,789
Jan 199748350323.483.54$13,121
Dec 199640127123.32$9,351
Nov 199633915821.97$7,448
Oct 199635626223.31$8,298
Sep 199643418622.22$9,643
Aug 199643229020.26$8,752
Jul 199649228219.55$9,619
Jun 199644729418.73$8,372
May 199639958819.43$7,753
Apr 199641030521.51$8,819
Mar 199644930319.38$8,702
Feb 199643330116.98$7,352
Jan 199645710217.07$7,801
Dec 199535028517.19$6,017
Nov 199536731916.00$5,872
Oct 199539032315.43$6,018
Sep 199535128916.18$5,679
Aug 199540336715.92$6,416
Jul 199546833815.24$7,132
Jun 199539436716.41$6,466
May 199534142817.56$5,988
Apr 199535835717.73$6,347
Mar 199551939916.44$8,532
Feb 199543338916.58$7,179
Jan 199533430715.92$5,317
Dec 199433226315.03$4,990
Nov 199430721215.90$4,881
Oct 199434151215.58$5,313
Sep 199462560515.29$9,556
Aug 199472838816.13$11,743
Jul 199454646317.56$9,588
Jun 199456138317.09$9,587
May 199450125015.88$7,956
Apr 199465117914.14$9,205
Mar 199468440712.46$8,523
Feb 199464439212.50$8,050
Jan 199449638012.66$6,279
Dec 199375039412.33$9,248
Nov 199363743214.49$9,230
Oct 199370262515.85$11,127
Sep 199353464315.03$8,026
Aug 19936751,08715.66$10,571
Jul 19937961,16215.46$12,306
Jun 199389090016.79$14,943
May 199377064417.68$13,614
Apr 199375753718.05$13,664
Mar 19931,07064618.14$19,410
Feb 199398654217.90$17,649
Jan 19931,09381916.93$18,504

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 2005 — as filed, then multipliedworked
Oil                    1 bbl  × $ 61.45 =        $61
Casinghead gas         0 Mcf  × $ 12.08 =         $0

────────────────────────────────────────────────────
Month total                                      $61

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/O/24052 is the state's own key, not one this site invented.