WADDELL, W. N. ETAL TR. "J"

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

Oil lease lease 24054District 08Field 80473372Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$139 k
Jan 1993 – May 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
269
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 6 leases and 55 wells, and the rule below applies to all of them.

Discovered
1936-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
OilDisposition6,069 bbl$118,095
Casinghead gasProduction10,292 Mcf$20,743
Total$138,838

3,836 Mcf of this lease's gas, across 24 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 (2)

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 31.3956, -102.6304. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.39557, -102.63044 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
5,705 ft
2 wells filed one
Completion to plug
15.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 5,635 and 5,775 ft, median 5,705 ft, over the 2 wells that filed a depth.

Completions filed
May 1976 – May 2010
2 of 2 wells
Plug dates filed
Jan 2003 – Jul 2014
2 of 2 wells

Last completion to plug: a median of 15.4 years across the 2 wells that filed both dates, with the middle half between 9.8 years and 21.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-10310417876D5,775 ftMay 2010Jul 2014Yes
42-103102768735,635 ftMay 1976Jan 2003Yes

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 (269)

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

269 months

May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
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 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030530.315.58$28
Dec 200225326.914.85$311
Nov 200225224.664.14$264
Oct 2002117826.464.23$779
Sep 200217827.443.64$311
Aug 200215725.963.16$206
Jul 200205324.583.06$162
Jun 200205223.733.34$174
May 200205724.663.58$204
Apr 200204723.653.51$165
Mar 200205522.003.10$171
Feb 200214818.222.38$132
Jan 2002235917.172.38$535
Dec 2001835516.932.36$1,535
Nov 2001905118.072.41$1,749
Oct 2001637819.782.53$1,443
Sep 2001768624.262.25$2,037
Aug 20018010024.873.05$2,295
Jul 20017211123.933.20$2,078
Jun 20010024.563.82$0
May 2001948325.524.31$2,756
Apr 20017912524.685.34$2,617
Mar 20016410124.545.38$2,114
Feb 20016811827.755.77$2,568
Jan 20018718527.478.40$3,944
Dec 20007411926.889.12$3,075
Nov 2000675832.215.66$2,486
Oct 20007110131.235.15$2,737
Sep 2000815931.875.19$2,887
Aug 2000774629.644.54$2,491
Jul 2000736628.534.09$2,353
Jun 2000716329.304.40$2,357
May 2000777527.263.68$2,375
Apr 2000697724.513.12$1,931
Mar 2000697328.422.86$2,170
Feb 2000647127.622.73$1,961
Jan 2000747425.272.48$2,054
Dec 1999697824.282.42$1,864
Nov 1999637723.192.43$1,648
Oct 1999728620.982.80$1,752
Sep 1999727721.752.62$1,768
Aug 199918012619.262.88$3,829
Jul 199931716917.892.37$6,072
Jun 199924313515.942.36$4,192
May 1999645715.792.32$1,143
Apr 1999635515.102.21$1,073
Mar 1999616212.471.84$875
Feb 199964799.981.82$782
Jan 1999569310.381.90$758
Dec 1998591099.201.77$736
Nov 1998556710.892.19$745
Oct 19985011312.421.97$844
Sep 1998428212.592.08$700
Aug 1998316411.301.91$472
Jul 1998597911.742.24$869
Jun 1998566511.242.24$775
May 1998525412.622.21$775
Apr 1998586013.042.51$907
Mar 1998616212.802.31$924
Feb 1998448713.952.30$814
Jan 1998508614.702.15$920
Dec 1997507716.322.41$1,002
Nov 1997508218.193.09$1,163
Oct 1997546719.253.15$1,251
Sep 1997476717.742.95$1,032
Aug 1997499717.862.55$1,123
Jul 1997507917.582.25$1,057
Jun 19975616117.242.26$1,329
May 19976062318.972.31$2,576
Apr 19975710017.882.08$1,227
Mar 1997549118.951.94$1,200
Feb 1997468520.492.21$1,130
Jan 19975913623.483.54$1,867
Dec 1996658523.32$1,516
Nov 1996608521.97$1,318
Oct 19966115923.31$1,422
Sep 19965313622.22$1,178
Aug 19965718520.26$1,155
Jul 19965218219.55$1,017
Jun 19965614518.73$1,049
May 19964815119.43$933
Apr 19964810021.51$1,032
Mar 199620552219.38$3,973
Feb 19964714716.98$798
Jan 19965413217.07$922
Dec 19954711917.19$808
Nov 19955514416.00$880
Oct 19955213215.43$802
Sep 19955313716.18$858
Aug 19955414215.92$860
Jul 19957213915.24$1,097
Jun 1995806016.41$1,313
May 19955011117.56$878
Apr 19957621117.73$1,347
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19941017.09$17
May 19945015.88$79
Apr 19942211314.14$311
Mar 19944429312.46$548
Feb 199432220612.50$4,025
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19933017.90$54
Jan 19930016.93$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.

Jan 2003 — as filed, then multipliedworked
Oil                    0 bbl  × $ 30.31 =         $0
Casinghead gas         5 Mcf  × $  5.58 =        $28

────────────────────────────────────────────────────
Month total                                      $28

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/24054 is the state's own key, not one this site invented.