W. N. WADDELL ET AL TR. H

Name: W. N. WADDELL ET AL TR. H lease production and value, Jan 1993 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 LEA, SOUTH (TUBB) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27886District 08Field 52628700Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$796 k

Jan 1993 – Jul 2007

Value, last 12 filed months

at the published price for each month

Months reported

175

no gaps in the span

Streams

oil, casinghead gas

The LEA, SOUTH (TUBB) 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 4 leases and 15 wells, and the rule below applies to all of them.

Discovered

1982-05-30

as the register files it

Field class

Oil

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-06-01.

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.

The Commission's schedule remark for this field reads: “CONSOLIDATED INTO THE LEA (CONSOLIDATED) FIELD ON 11-15-2023”

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	3	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	25,848 bbl	$670,989
Casinghead gas	Production	72,433 Mcf	$125,460
Total			$796,449

43,382 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 (3)

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 31.3920, -102.5213. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.39215, -102.52126 · 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%

3 of 3 wells

With a plug date

33.3%

1 of 3 wells

Median depth

4,900 ft

3 wells filed one

Completion to plug

3.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

133.3%

BothOn the schedule and plugged. Neither fact cancels the other.

133.3%

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 4,800 and 4,900 ft, median 4,900 ft, over the 3 wells that filed a depth.

Completions filed

May 2017 – Apr 2023

3 of 3 wells

Plug dates filed

Aug 2020

1 of 3 wells; 2 filed none

Last completion to plug: a median of 3.3 years across the 1 well that filed both dates, with the middle half between 3.3 years and 3.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-10333115	1251	4,900 ft	Apr 2023	—	Yes
42-10332989	1108	4,800 ft	Sep 2022	—	Yes
42-10333455	1317	4,900 ft	May 2017	Aug 2020	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 (175)

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

175 months


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	0	0	55.10	8.22	$0
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	0	0	54.90	6.01	$0
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	0	0	66.01	6.42	$0
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	0	0	54.94	13.42	$0
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	101	0	61.51	9.80	$6,213
Jul 2005	1,169	3,327	55.69	7.84	$91,197
Jun 2005	2,655	2,490	52.33	7.38	$157,315
May 2005	1,090	1,558	45.22	6.65	$59,652
Apr 2005	124	234	49.20	7.36	$7,823
Mar 2005	133	221	50.37	7.15	$8,280
Feb 2005	114	193	45.22	6.31	$6,373
Jan 2005	136	228	43.16	6.32	$7,311
Dec 2004	107	224	39.86	6.75	$5,777
Nov 2004	75	179	45.28	6.33	$4,529
Oct 2004	87	171	49.70	6.52	$5,438
Sep 2004	79	135	43.24	5.28	$4,129
Aug 2004	66	157	42.37	5.55	$3,668
Jul 2004	70	167	38.28	6.08	$3,696
Jun 2004	62	129	36.10	6.43	$3,068
May 2004	57	145	37.48	6.49	$3,078
Apr 2004	45	153	34.47	5.86	$2,447
Mar 2004	62	142	34.36	5.53	$2,916
Feb 2004	61	156	32.45	5.51	$2,839
Jan 2004	103	150	32.03	6.30	$4,244
Dec 2003	146	116	30.26	6.30	$5,149
Nov 2003	165	136	28.80	4.60	$5,377
Oct 2003	110	130	28.17	4.76	$3,717
Sep 2003	42	96	26.31	4.75	$1,561
Aug 2003	62	83	29.76	5.13	$2,271
Jul 2003	61	74	29.41	5.17	$2,177
Jun 2003	53	62	28.56	5.98	$1,885
May 2003	58	74	26.59	5.97	$1,984
Apr 2003	52	80	26.67	5.41	$1,819
Mar 2003	34	78	31.14	6.10	$1,534
Feb 2003	28	58	33.48	7.93	$1,397
Jan 2003	33	74	30.31	5.58	$1,413
Dec 2002	31	72	26.91	4.85	$1,184
Nov 2002	32	76	24.66	4.14	$1,104
Oct 2002	33	71	26.46	4.23	$1,173
Sep 2002	32	65	27.44	3.64	$1,114
Aug 2002	37	75	25.96	3.16	$1,198
Jul 2002	36	79	24.58	3.06	$1,127
Jun 2002	35	76	23.73	3.34	$1,084
May 2002	53	83	24.66	3.58	$1,604
Apr 2002	42	77	23.65	3.51	$1,264
Mar 2002	55	75	22.00	3.10	$1,443
Feb 2002	59	55	18.22	2.38	$1,206
Jan 2002	65	66	17.17	2.38	$1,273
Dec 2001	67	67	16.93	2.36	$1,293
Nov 2001	68	82	18.07	2.41	$1,426
Oct 2001	83	78	19.78	2.53	$1,839
Sep 2001	86	106	24.26	2.25	$2,325
Aug 2001	70	96	24.87	3.05	$2,034
Jul 2001	105	119	23.93	3.20	$2,893
Jun 2001	107	132	24.56	3.82	$3,133
May 2001	132	174	25.52	4.31	$4,118
Apr 2001	92	134	24.68	5.34	$2,985
Mar 2001	78	95	24.54	5.38	$2,425
Feb 2001	63	80	27.75	5.77	$2,210
Jan 2001	75	91	27.47	8.40	$2,825
Dec 2000	75	93	26.88	9.12	$2,864
Nov 2000	73	90	32.21	5.66	$2,861
Oct 2000	70	64	31.23	5.15	$2,515
Sep 2000	66	96	31.87	5.19	$2,601
Aug 2000	80	102	29.64	4.54	$2,834
Jul 2000	85	98	28.53	4.09	$2,826
Jun 2000	62	97	29.30	4.40	$2,243
May 2000	72	98	27.26	3.68	$2,323
Apr 2000	82	143	24.51	3.12	$2,455
Mar 2000	125	278	28.42	2.86	$4,348
Feb 2000	157	254	27.62	2.73	$5,029
Jan 2000	176	273	25.27	2.48	$5,125
Dec 1999	165	290	24.28	2.42	$4,709
Nov 1999	157	342	23.19	2.43	$4,473
Oct 1999	90	383	20.98	2.80	$2,962
Sep 1999	92	286	21.75	2.62	$2,750
Aug 1999	108	252	19.26	2.88	$2,805
Jul 1999	113	240	17.89	2.37	$2,591
Jun 1999	90	205	15.94	2.36	$1,919
May 1999	84	229	15.79	2.32	$1,858
Apr 1999	103	315	15.10	2.21	$2,251
Mar 1999	149	394	12.47	1.84	$2,582
Feb 1999	118	319	9.98	1.82	$1,758
Jan 1999	120	353	10.38	1.90	$1,916
Dec 1998	126	478	9.20	1.77	$2,007
Nov 1998	164	488	10.89	2.19	$2,853
Oct 1998	167	431	12.42	1.97	$2,923
Sep 1998	152	436	12.59	2.08	$2,822
Aug 1998	143	460	11.30	1.91	$2,493
Jul 1998	171	660	11.74	2.24	$3,484
Jun 1998	102	378	11.24	2.24	$1,992
May 1998	187	439	12.62	2.21	$3,329
Apr 1998	170	504	13.04	2.51	$3,479
Mar 1998	150	514	12.80	2.31	$3,107
Feb 1998	153	452	13.95	2.30	$3,174
Jan 1998	160	471	14.70	2.15	$3,367
Dec 1997	135	335	16.32	2.41	$3,011
Nov 1997	143	340	18.19	3.09	$3,651
Oct 1997	187	443	19.25	3.15	$4,995
Sep 1997	119	336	17.74	2.95	$3,104
Aug 1997	113	288	17.86	2.55	$2,754
Jul 1997	202	377	17.58	2.25	$4,398
Jun 1997	142	419	17.24	2.26	$3,394
May 1997	170	501	18.97	2.31	$4,381
Apr 1997	178	396	17.88	2.08	$4,007
Mar 1997	127	478	18.95	1.94	$3,334
Feb 1997	98	440	20.49	2.21	$2,979
Jan 1997	98	349	23.48	3.54	$3,536
Dec 1996	125	459	23.32	—	$2,915
Nov 1996	118	538	21.97	—	$2,592
Oct 1996	128	531	23.31	—	$2,984
Sep 1996	160	544	22.22	—	$3,555
Aug 1996	115	502	20.26	—	$2,330
Jul 1996	113	525	19.55	—	$2,209
Jun 1996	101	602	18.73	—	$1,892
May 1996	176	625	19.43	—	$3,420
Apr 1996	146	590	21.51	—	$3,140
Mar 1996	178	794	19.38	—	$3,450
Feb 1996	284	628	16.98	—	$4,822
Jan 1996	364	731	17.07	—	$6,213
Dec 1995	300	750	17.19	—	$5,157
Nov 1995	238	701	16.00	—	$3,808
Oct 1995	223	677	15.43	—	$3,441
Sep 1995	296	1,258	16.18	—	$4,789
Aug 1995	321	994	15.92	—	$5,110
Jul 1995	337	1,091	15.24	—	$5,136
Jun 1995	339	1,042	16.41	—	$5,563
May 1995	299	1,021	17.56	—	$5,250
Apr 1995	275	928	17.73	—	$4,876
Mar 1995	315	1,018	16.44	—	$5,179
Feb 1995	289	949	16.58	—	$4,792
Jan 1995	285	928	15.92	—	$4,537
Dec 1994	242	1,035	15.03	—	$3,637
Nov 1994	215	1,112	15.90	—	$3,419
Oct 1994	252	1,161	15.58	—	$3,926
Sep 1994	208	1,158	15.29	—	$3,180
Aug 1994	256	1,158	16.13	—	$4,129
Jul 1994	193	907	17.56	—	$3,389
Jun 1994	246	915	17.09	—	$4,204
May 1994	267	929	15.88	—	$4,240
Apr 1994	302	810	14.14	—	$4,270
Mar 1994	321	819	12.46	—	$4,000
Feb 1994	148	627	12.50	—	$1,850
Jan 1994	240	768	12.66	—	$3,038
Dec 1993	203	755	12.33	—	$2,503
Nov 1993	176	747	14.49	—	$2,550
Oct 1993	149	792	15.85	—	$2,362
Sep 1993	237	835	15.03	—	$3,562
Aug 1993	205	1,124	15.66	—	$3,210
Jul 1993	189	849	15.46	—	$2,922
Jun 1993	187	1,613	16.79	—	$3,140
May 1993	198	1,604	17.68	—	$3,501
Apr 1993	292	1,459	18.05	—	$5,271
Mar 1993	229	1,009	18.14	—	$4,154
Feb 1993	254	1,494	17.90	—	$4,547
Jan 1993	269	1,276	16.93	—	$4,554

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 2005 — as filed, then multipliedworked

Oil                  101 bbl  × $ 61.51 =     $6,213
Casinghead gas         0 Mcf  × $  9.80 =         $0

────────────────────────────────────────────────────
Month total                                   $6,213

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/27886 is the state's own key, not one this site invented.