WADDELL BROS & CO

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

Oil lease lease 34955District 08Field 96762900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.8 M
Mar 1996 – May 2026
Value, last 12 filed months
$140 k
at the published price for each month
Months reported
363
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 2 leases and 6 wells, and the rule below applies to all of them.

Discovered
1989-09-19
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition46,501 bbl$2,204,392
Casinghead gasProduction137,965 Mcf$554,737
Total$2,759,129

12,497 Mcf of this lease's gas, across 9 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 31.9099, -102.9024. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.2 miles.

31.90922, -102.90203 · 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
0.0%
0 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
11,374 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
4100.0%

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 9,829 and 11,500 ft, median 11,374 ft, over the 4 wells that filed a depth.

Completions filed
Apr 1996 – Mar 2026
4 of 4 wells

4 wells

42-49532414199,829 ftMar 2026
42-495323941611,400 ftMay 2025
42-495324031811,347 ftMar 2025
42-49502289511,500 ftApr 1996

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 (363)

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

363 months

May 202600106.413.05$0
Apr 202601098.932.87$29
Mar 20261701989.753.15$15,317
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025176659.383.30$10,471
Sep 20251742362.743.08$10,988
Aug 202531610263.933.01$20,509
Jul 20257005366.743.32$46,894
Jun 202553021466.483.13$35,904
May 20250060.553.23$0
Apr 202533662.363.54$2,079
Mar 2025110067.704.27$7,447
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 20205034.901.69$175
May 20206016.921.81$102
Apr 202022014.751.80$325
Mar 202026030.341.86$789
Feb 2020261549.881.98$1,327
Jan 2020482157.252.09$2,792
Dec 201921059.012.30$1,239
Nov 201922055.302.75$1,217
Oct 201940053.472.42$2,139
Sep 201976055.052.66$4,184
Aug 2019142053.112.30$7,542
Jul 2019106056.272.46$5,965
Jun 201977052.782.49$4,064
May 201961058.482.74$3,567
Apr 201965062.632.75$4,071
Mar 2019119056.803.06$6,759
Feb 201981050.852.79$4,119
Jan 2019146046.033.23$6,720
Dec 2018117046.594.19$5,451
Nov 2018176052.934.24$9,316
Oct 2018499161.443.40$30,662
Sep 20182231959.543.11$13,336
Aug 20181962459.403.07$11,716
Jul 20184222065.142.93$27,548
Jun 2018192160.183.08$11,558
May 20181151065.382.90$7,548
Apr 2018151863.842.90$9,663
Mar 2018213061.222.79$1,369
Feb 201838561.782.77$2,361
Jan 2018154862.874.01$9,714
Dec 201704057.272.92$117
Nov 2017397655.423.12$2,398
Oct 2017928149.292.98$4,776
Sep 2017446147.523.09$2,279
Aug 20171996045.373.00$9,209
Jul 20178812843.873.09$4,256
Jun 201725112442.493.09$11,048
May 20178716845.373.26$4,495
Apr 20171266647.933.21$6,251
Mar 20171076146.772.98$5,186
Feb 2017487050.452.95$2,628
Jan 2017018549.413.42$632
Dec 20161096948.763.72$5,572
Nov 201606642.492.64$175
Oct 2016975746.193.09$4,657
Sep 20161043941.553.10$4,442
Aug 20162915841.442.92$1,664
Jul 20161318541.622.92$5,701
Jun 20161117145.352.69$5,225
May 20167715542.521.99$3,583
Apr 20167817236.561.99$3,194
Mar 20167310433.011.79$2,596
Feb 20161047226.472.06$2,901
Jan 20161257727.352.36$3,601
Dec 2015797032.362.00$2,697
Nov 201512212038.792.17$4,992
Oct 20152519243.552.43$1,555
Sep 2015823342.992.76$3,616
Aug 201517513840.162.87$7,424
Jul 20159512648.152.95$4,945
Jun 201511615156.152.88$6,949
May 20158413455.212.96$5,034
Apr 20157919149.822.71$4,453
Mar 20155914742.892.93$2,962
Feb 201513515544.662.98$6,490
Jan 20156811343.433.10$3,304
Dec 20146713954.693.59$4,163
Nov 20144812570.464.25$3,914
Oct 20146627478.303.90$6,237
Sep 201411431786.164.05$11,105
Aug 20149830089.394.04$9,971
Jul 20146125496.564.18$6,952
Jun 20146319798.164.74$7,117
May 201415833594.734.73$16,551
Apr 201410223395.944.81$10,906
Mar 20148529395.895.06$9,632
Feb 20143023797.406.19$4,390
Jan 20145527090.404.86$6,284
Dec 201310630391.824.35$11,052
Nov 20136432688.853.74$6,905
Oct 20135151297.423.78$6,903
Sep 201325312104.113.72$3,763
Aug 2013857104.253.52$8,886
Jul 2013195481102.523.72$21,780
Jun 201315948994.403.93$16,933
May 201315152194.834.15$16,481
Apr 201317451193.964.28$18,537
Mar 20135550493.623.91$7,121
Feb 201318842491.233.42$18,601
Jan 201317757091.603.42$18,163
Dec 201220263286.773.42$19,689
Nov 201210264386.953.62$11,200
Oct 201214369189.383.40$15,131
Sep 20128861094.672.92$10,111
Aug 201218258992.662.91$18,577
Jul 201213559385.133.02$13,284
Jun 201218255979.822.52$15,935
May 20129951091.612.49$10,338
Apr 2012183548101.652.00$19,696
Mar 2012106613105.052.22$12,497
Feb 2012141593101.102.57$15,779
Jan 201212459898.092.73$13,798
Dec 201112467596.873.24$14,199
Nov 201113064195.723.31$14,566
Oct 201112883684.983.65$13,928
Sep 201117872283.623.99$17,762
Aug 201110269383.404.15$11,382
Jul 201117168094.144.52$19,170
Jun 201113971792.904.64$16,240
May 201112869398.134.40$15,613
Apr 2011126721105.964.33$16,475
Mar 201113297596.364.06$16,675
Feb 20117251085.644.18$8,298
Jan 20117813586.504.59$7,366
Dec 20109440685.734.35$9,824
Nov 201013562280.843.80$13,274
Oct 201015055978.103.51$13,676
Sep 201010748172.633.98$9,686
Aug 201015246573.684.42$13,254
Jul 201014255572.554.74$12,931
Jun 20101453770.364.91$10,384
May 201013365971.124.24$12,250
Apr 201014085781.694.12$14,970
Mar 201015380578.394.39$15,527
Feb 201011764673.585.44$12,125
Jan 201015055874.365.96$14,482
Dec 200912554171.445.48$11,897
Nov 200914258774.593.75$12,794
Oct 200913955172.544.11$12,348
Sep 200912549265.543.06$9,700
Aug 200913856867.423.22$11,132
Jul 200916544561.133.46$11,628
Jun 200913661766.163.90$11,401
May 200913770754.743.93$10,275
Apr 200914353746.773.59$8,615
Mar 200912258042.144.06$7,495
Feb 200912659032.814.63$6,868
Jan 200912063335.865.37$7,703
Dec 200814470737.105.98$9,568
Nov 200813170355.496.86$12,092
Oct 200817272075.246.92$17,925
Sep 20081461,060101.767.88$23,207
Aug 2008140615114.228.48$21,208
Jul 2008138656131.0811.39$25,561
Jun 2008119683131.3313.03$24,530
May 2008165674123.1711.57$28,124
Apr 2008137683110.3110.45$22,253
Mar 2008145693101.909.66$21,473
Feb 200813267892.538.77$18,160
Jan 200813475590.388.21$18,306
Dec 200715472988.337.30$18,926
Nov 200717070691.677.29$20,732
Oct 200717974782.856.92$20,001
Sep 200717472975.846.24$17,748
Aug 200721467169.066.39$19,065
Jul 20079066070.906.39$10,597
Jun 200711957062.007.55$11,681
May 200712383958.747.85$13,808
Apr 200712252159.617.81$11,339
Mar 20075131456.927.30$5,196
Feb 200711873555.108.22$12,541
Jan 200714773750.306.73$12,352
Dec 200616561056.656.92$13,568
Nov 200614956854.207.62$12,403
Oct 200614546454.906.01$10,751
Sep 200613535960.085.04$9,919
Aug 2006185068.717.34$12,711
Jul 200627866869.376.34$23,522
Jun 200627666166.286.38$22,513
May 2006231066.016.42$15,248
Apr 2006164064.397.36$10,560
Mar 200616741956.707.08$12,437
Feb 200614019757.597.75$9,590
Jan 200614352460.598.93$13,345
Dec 200517545654.9413.42$15,732
Nov 200518453254.6910.59$15,696
Oct 200530061558.3413.80$25,986
Sep 200529041061.4512.08$22,773
Aug 200521850161.519.80$18,317
Jul 200515737155.697.84$11,653
Jun 200515638752.337.38$11,020
May 200512435745.226.65$7,982
Apr 200520637949.207.36$12,925
Mar 200518848150.377.15$12,911
Feb 200510830545.226.31$6,809
Jan 200510448643.166.32$7,561
Dec 20044847339.866.75$5,107
Nov 20048231345.286.33$5,694
Oct 20044635549.706.52$4,599
Sep 20045423443.245.28$3,571
Aug 20046815442.375.55$3,736
Jul 20048228938.286.08$4,897
Jun 20049430336.106.43$5,343
May 20048530237.486.49$5,147
Apr 20043418334.475.86$2,244
Mar 2004457234.365.53$1,944
Feb 200418729932.455.51$7,716
Jan 200424733932.036.30$10,047
Dec 200323928930.266.30$9,053
Nov 200318224528.804.60$6,367
Oct 200323628328.174.76$7,995
Sep 20031383126.314.75$3,778
Aug 2003773129.765.13$2,451
Jul 200373129.415.17$366
Jun 20035242028.565.98$3,998
May 200312542026.595.97$5,832
Apr 200313243426.675.41$5,867
Mar 200321341331.146.10$9,150
Feb 200313627433.487.93$6,725
Jan 200314932230.315.58$6,314
Dec 200217134726.914.85$6,286
Nov 20028514024.664.14$2,675
Oct 20029418326.464.23$3,261
Sep 200222428427.443.64$7,179
Aug 200218527625.963.16$5,676
Jul 200218348024.583.06$5,968
Jun 200218143823.733.34$5,757
May 200219039624.663.58$6,105
Apr 200218436223.653.51$5,623
Mar 200218837222.003.10$5,290
Feb 200216440818.222.38$3,957
Jan 200212252217.172.38$3,335
Dec 200111941816.932.36$3,003
Nov 200113228418.072.41$3,068
Oct 200114536919.782.53$3,801
Sep 200113621024.262.25$3,772
Aug 200113433724.873.05$4,361
Jul 200114522923.933.20$4,202
Jun 200113623924.563.82$4,254
May 200113522925.524.31$4,432
Apr 200114924524.685.34$4,984
Mar 20015912124.545.38$2,098
Feb 20016821027.755.77$3,098
Jan 200117752827.478.40$9,297
Dec 200017350826.889.12$9,284
Nov 200024353332.215.66$10,843
Oct 200033348731.235.15$12,905
Sep 200020947231.875.19$9,109
Aug 200016155129.644.54$7,274
Jul 20005332428.534.09$2,837
Jun 200010858529.304.40$5,737
May 200012974827.263.68$6,269
Apr 200017345624.513.12$5,661
Mar 200020828228.422.86$6,718
Feb 200018025427.622.73$5,664
Jan 20009217325.272.48$2,754
Dec 199916431824.282.42$4,753
Nov 199918542123.192.43$5,315
Oct 199919752920.982.80$5,616
Sep 199924172021.752.62$7,127
Aug 199926979019.262.88$7,453
Jul 199929898517.892.37$7,668
Jun 19992921,03215.942.36$7,092
May 1999229115.792.32$559
Apr 199924094715.102.21$5,715
Mar 19992251,09212.471.84$4,813
Feb 19992097449.981.82$3,438
Jan 199925291810.381.90$4,360
Dec 19982539059.201.77$3,932
Nov 19982591,08310.892.19$5,188
Oct 19982521,24612.421.97$5,583
Sep 19982631,19912.592.08$5,808
Aug 19982191,24611.301.91$4,851
Jul 19983372,69911.742.24$9,995
Jun 19983051,11211.242.24$5,916
May 19983101,09712.622.21$6,333
Apr 199828156513.042.51$5,080
Mar 19984821,34312.802.31$9,271
Feb 19984661,47513.952.30$9,892
Jan 19983821,26114.702.15$8,333
Dec 19972111,27916.322.41$6,527
Nov 19977085918.193.09$3,926
Oct 19973231,80119.253.15$11,891
Sep 19974431,76317.742.95$13,068
Aug 19975561,19517.862.55$12,983
Jul 199744089017.582.25$9,735
Jun 199725990217.242.26$6,501
May 19973721,00418.972.31$9,375
Apr 199736598017.882.08$8,567
Mar 199718479318.951.94$5,025
Feb 19974351,43220.492.21$12,072
Jan 19975601,88923.483.54$19,835
Dec 19963372,22123.32$7,859
Nov 19963331,13321.97$7,316
Oct 19965111,87723.31$11,911
Sep 19967125222.22$1,578
Aug 19964901,68820.26$9,927
Jul 1996212,30119.55$411
Jun 19961951,42418.73$3,652
May 1996084119.43$0
Apr 19960021.51$0
Mar 199619676019.38$3,798

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.

Apr 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas        10 Mcf  × $  2.87 =        $29

────────────────────────────────────────────────────
Month total                                      $29

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/34955 is the state's own key, not one this site invented.