WADDELL BROS & CO

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the A. W. (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 33426District 08Field 00250250Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$14.5 M
Jan 1993 – Jul 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
391
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 4 leases and 10 wells, and the rule below applies to all of them.

Discovered
1964-12-02
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 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
OilDisposition479,988 bbl$11,703,852
Casinghead gasProduction750,977 Mcf$2,821,262
Total$14,525,114

261,678 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 31.9210, -102.9057. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.2 miles.

31.92272, -102.90666 · 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
50.0%
2 of 4 wells
Median depth
10,595 ft
4 wells filed one
Completion to plug
9.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
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 9,788 and 11,400 ft, median 10,595 ft, over the 4 wells that filed a depth.

Completions filed
May 1996 – Mar 2026
4 of 4 wells
Plug dates filed
Oct 2005 – Nov 2005
2 of 4 wells; 2 filed none

Last completion to plug: a median of 9.4 years across the 2 wells that filed both dates, with the middle half between 9.3 years and 9.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-49532414199,829 ftMar 2026Yes
42-495323941611,400 ftMay 2025Yes
42-4951018412 L11,360 ftJul 1996Nov 2005Yes
42-49530153159,788 ftMay 1996Oct 2005Yes

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 (391)

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

391 months

Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
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 20240084.451.66$0
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 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201564032.362.00$2,071
Nov 201513626538.792.17$5,850
Oct 20159359043.552.43$5,482
Sep 201512551742.992.76$6,800
Aug 201518349640.162.87$8,774
Jul 201510441648.152.95$6,233
Jun 201512052656.152.88$8,254
May 201510345255.212.96$7,022
Apr 201513066649.822.71$8,279
Mar 20159751442.892.93$5,669
Feb 201524754144.662.98$12,641
Jan 201511947043.433.10$6,625
Dec 201411854054.693.59$8,393
Nov 20148747870.464.25$8,162
Oct 201413569978.303.90$13,297
Sep 20141991,08286.164.05$21,523
Aug 201421183589.394.04$22,231
Jul 201415093896.564.18$18,404
Jun 201414192498.164.74$18,217
May 20143121,12994.734.73$34,892
Apr 201422182595.944.81$25,170
Mar 20142551,15695.895.06$30,298
Feb 201411290997.406.19$16,537
Jan 20141871,25890.404.86$23,020
Dec 201342098391.824.35$42,845
Nov 20133331,30588.853.74$34,466
Oct 20133401,51697.423.78$38,852
Sep 20134481,550104.113.72$52,404
Aug 20134281,598104.253.52$50,248
Jul 20134381,340102.523.72$49,886
Jun 20133551,28194.403.93$38,551
May 20133081,29294.834.15$34,568
Apr 20133381,26593.964.28$37,176
Mar 20131061,26293.623.91$14,862
Feb 20133781,05291.233.42$38,083
Jan 20133891,19691.603.42$39,723
Dec 20124341,32786.773.42$42,197
Nov 20122121,31986.953.62$23,215
Oct 20123321,36889.383.40$34,325
Sep 20122531,23294.672.92$27,547
Aug 20124381,06092.662.91$43,668
Jul 201224882585.133.02$23,604
Jun 201233660379.822.52$28,339
May 20121921,00091.612.49$20,077
Apr 2012362945101.652.00$38,684
Mar 20122101,060105.052.22$24,416
Feb 20122741,161101.102.57$30,685
Jan 20122301,26698.092.73$26,022
Dec 20112041,42596.873.24$24,378
Nov 201119184895.723.31$21,090
Oct 20112311,44784.983.65$24,910
Sep 20113391,25383.623.99$33,341
Aug 20111861,19283.404.15$20,458
Jul 20112681,27294.144.52$30,975
Jun 20112401,13192.904.64$27,544
May 20112541,30798.134.40$30,682
Apr 20112561,298105.964.33$32,750
Mar 20112941,73796.364.06$35,377
Feb 20112261,10685.644.18$23,978
Jan 201130360886.504.59$28,999
Dec 201021189185.734.35$21,963
Nov 20102681,10880.843.80$25,870
Oct 20102951,06978.103.51$26,791
Sep 20102421,06072.633.98$21,795
Aug 20103551,18173.684.42$31,376
Jul 20102831,38472.554.74$27,087
Jun 201030010270.364.91$21,609
May 20103162,10671.124.24$31,393
Apr 20103202,62781.694.12$36,971
Mar 20104211,80578.394.39$40,924
Feb 20103171,34273.585.44$30,629
Jan 20103621,35474.365.96$34,994
Dec 20093391,77171.445.48$33,930
Nov 20095271,91974.593.75$46,508
Oct 20095772,00772.544.11$50,105
Sep 20094982,04865.543.06$38,916
Aug 20094162,30967.423.22$35,478
Jul 20093771,07961.133.46$26,784
Jun 20095052,87366.163.90$44,601
May 20095113,02254.743.93$39,836
Apr 20095684,12946.773.59$41,378
Mar 20095174,42642.144.06$39,752
Feb 20095304,46832.814.63$38,090
Jan 20095865,85535.865.37$52,461
Dec 20087145,68437.105.98$60,463
Nov 20086135,53855.496.86$72,008
Oct 20087156,17975.246.92$96,568
Sep 20083854,581101.767.88$75,263
Aug 20086256,445114.228.48$126,061
Jul 20086346,370131.0811.39$155,655
Jun 20085656,544131.3313.03$159,487
May 20088178,350123.1711.57$197,275
Apr 20086678,505110.3110.45$162,495
Mar 20087258,895101.909.66$159,839
Feb 20086708,05992.538.77$132,677
Jan 20087038,95290.388.21$136,995
Dec 20077358,35988.337.30$125,960
Nov 20077789,75791.677.29$142,464
Oct 20077919,84582.856.92$133,681
Sep 20077519,66675.846.24$117,312
Aug 20077718,81069.066.39$109,523
Jul 20074137,32370.906.39$76,061
Jun 20075976,22562.007.55$84,003
May 20075936,59358.747.85$86,563
Apr 20075956,39159.617.81$85,351
Mar 20072564,74856.927.30$49,241
Feb 200755510,17555.108.22$114,178
Jan 200763111,16350.306.73$106,831
Dec 20066577,52556.656.92$89,280
Nov 20067368,80054.207.62$106,925
Oct 20067229,53454.906.01$96,973
Sep 20066789,65060.085.04$89,343
Aug 2006576068.717.34$39,577
Jul 20065624,50069.376.34$67,528
Jun 20065103,92266.286.38$58,840
May 2006740066.016.42$48,847
Apr 2006612064.397.36$39,407
Mar 20066811,66556.707.08$50,406
Feb 200670786657.597.75$47,429
Jan 20068782,83060.598.93$78,479
Dec 20051,2422,32054.9413.42$99,359
Nov 20051,2702,77054.6910.59$98,786
Oct 20051,5353,11358.3413.80$132,498
Sep 20051,5592,38861.4512.08$124,645
Aug 20051,5762,75661.519.80$123,940
Jul 20051,4312,60055.697.84$100,086
Jun 20051,2401,78252.337.38$78,042
May 200551193245.226.65$29,306
Apr 200560470049.207.36$34,869
Mar 200564137350.377.15$34,956
Feb 200547424845.226.31$23,000
Jan 200537336643.166.32$18,413
Dec 200414732239.866.75$8,033
Nov 200442941245.286.33$22,033
Oct 200422626949.706.52$12,985
Sep 200432742443.245.28$16,380
Aug 200423930742.375.55$11,830
Jul 200421127638.286.08$9,756
Jun 200422625636.106.43$9,805
May 200420516337.486.49$8,742
Apr 20048912334.475.86$3,788
Mar 20041106134.365.53$4,117
Feb 200423727532.455.51$9,206
Jan 200440335632.036.30$15,151
Dec 200329142330.266.30$11,471
Nov 200326825628.804.60$8,895
Oct 200335041428.174.76$11,830
Sep 200322227126.314.75$7,128
Aug 200312727129.765.13$5,170
Jul 200319627129.415.17$7,166
Jun 200317033128.565.98$6,836
May 200320633126.595.97$7,455
Apr 200318533126.675.41$6,724
Mar 20036032131.146.10$3,825
Feb 200310425433.487.93$5,495
Jan 200310529430.315.58$4,824
Dec 200212331826.914.85$4,853
Nov 20026015524.664.14$2,121
Oct 20029228126.464.23$3,623
Sep 200217515427.443.64$5,362
Aug 200257256125.963.16$16,624
Jul 200233839824.583.06$9,527
Jun 200210911523.733.34$2,970
May 200216320524.663.58$4,754
Apr 200241241723.653.51$11,208
Mar 200254452322.003.10$13,591
Feb 200257650218.222.38$11,687
Jan 200277553017.172.38$14,566
Dec 200171671016.932.36$13,801
Nov 20011,06694718.072.41$21,541
Oct 200189698119.782.53$20,204
Sep 2001402824.262.25$1,033
Aug 20018610524.873.05$2,459
Jul 20011168323.933.20$3,041
Jun 200174962424.563.82$20,782
May 200173958925.524.31$21,396
Apr 200180162424.685.34$23,098
Mar 20011,02661624.545.38$28,490
Feb 20011,03570927.755.77$32,810
Jan 20011,20779827.478.40$39,859
Dec 20001,18076726.889.12$38,715
Nov 20001,16385032.215.66$42,270
Oct 200094287031.235.15$33,895
Sep 200091675331.875.19$33,098
Aug 20001,05176829.644.54$34,639
Jul 20001,03797628.534.09$33,577
Jun 20001,05086229.304.40$34,555
May 20001,5501,27227.263.68$46,934
Apr 20001,3951,23924.513.12$38,052
Mar 20001,0981,52128.422.86$35,555
Feb 20001,0121,47427.622.73$31,970
Jan 20001,0801,48625.272.48$30,978
Dec 19991,5332,21624.282.42$42,592
Nov 19991,5711,86823.192.43$40,978
Oct 19991,7331,97920.982.80$41,907
Sep 19991,8432,33821.752.62$46,208
Aug 19992,0572,60919.262.88$47,120
Jul 19992,3912,50517.892.37$48,718
Jun 19992,3862,28915.942.36$43,440
May 19992,7203,04015.792.32$50,005
Apr 19991,9291,75315.102.21$32,999
Mar 19992,3982,04012.471.84$33,653
Feb 19992,1711,5229.981.82$24,433
Jan 19992,6291,89510.381.90$30,889
Dec 19982,3531,8059.201.77$24,848
Nov 19982,6932,38210.892.19$34,533
Oct 19982,6422,60212.421.97$37,938
Sep 19982,8742,76812.592.08$41,948
Aug 19982,9773,28311.301.91$39,902
Jul 19983,5912,45211.742.24$47,644
Jun 199855281611.242.24$8,030
May 199867183512.622.21$10,310
Apr 19981,9871,76913.042.51$30,342
Mar 19983,3022,75812.802.31$48,635
Feb 19983,2332,95513.952.30$51,894
Jan 19982,9272,32914.702.15$48,045
Dec 19974,5612,81616.322.41$81,225
Nov 19974,7023,12118.193.09$95,168
Oct 19974,3583,95219.253.15$96,340
Sep 19973,4063,11017.742.95$69,612
Aug 19974,1874,29417.862.55$85,750
Jul 19972,5752,92117.582.25$51,832
Jun 19973,8103,56417.242.26$73,729
May 19974,2783,80918.972.31$89,947
Apr 19974,3843,82017.882.08$86,342
Mar 19974,1624,21018.951.94$87,034
Feb 19972,6832,91320.492.21$61,400
Jan 19973,2912,75023.483.54$87,007
Dec 19963,9963,44123.32$93,187
Nov 19964,5674,49921.97$100,337
Oct 19966,1095,80923.31$142,401
Sep 19966,8025,75822.22$151,140
Aug 19967,5107,05820.26$152,153
Jul 19967,3237,02819.55$143,165
Jun 19967,4868,41518.73$140,213
May 19968,60310,04919.43$167,156
Apr 19965,5974,82521.51$120,391
Mar 19966,5285,58019.38$126,513
Feb 19965,4214,58916.98$92,049
Jan 19965,5984,80717.07$95,558
Dec 19955,0104,44417.19$86,122
Nov 19955,8254,18016.00$93,200
Oct 19955,2934,55315.43$81,671
Sep 19955,6334,91916.18$91,142
Aug 19956,3215,53515.92$100,630
Jul 19955,0705,13615.24$77,267
Jun 19955,5485,22816.41$91,043
May 19955,3254,74117.56$93,507
Apr 19955,7864,98917.73$102,586
Mar 19956,6595,35016.44$109,474
Feb 19956,9084,64216.58$114,535
Jan 19955,1503,54515.92$81,988
Dec 19945,0213,49915.03$75,466
Nov 19943,5823,84215.90$56,954
Oct 19946,6115,11615.58$102,999
Sep 19946,5265,91115.29$99,783
Aug 19948,2056,96016.13$132,347
Jul 19947,6057,33717.56$133,544
Jun 19945,0834,50217.09$86,868
May 19945,7364,81615.88$91,088
Apr 19946,4656,28814.14$91,415
Mar 19946,6956,32712.46$83,420
Feb 19947,1356,22912.50$89,188
Jan 19946,9246,32312.66$87,658
Dec 19937,3946,25812.33$91,168
Nov 19938,5396,81614.49$123,730
Oct 19936,6456,24215.85$105,323
Sep 19935,1744,84515.03$77,765
Aug 19933,2413,22815.66$50,754
Jul 19935,9836,49015.46$92,497
Jun 19936,8957,72416.79$115,767
May 19938,1378,76217.68$143,862
Apr 19935,0334,71818.05$90,846
Mar 19933,7613,78618.14$68,225
Feb 19934,2283,17917.90$75,681
Jan 19932,8213,36016.93$47,760

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.

Dec 2015 — as filed, then multipliedworked
Oil                   64 bbl  × $ 32.36 =     $2,071
Casinghead gas         0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                   $2,071

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/33426 is the state's own key, not one this site invented.