LOVING 'BC' FEE

Operated by WAGNER OIL COMPANY (P-5 891175) in the DIMMITT (DELAWARE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 35404District 08Field 24853500OilCasinghead gasSaveExport
Value, all time
$1.2 M
Apr 1997 – Oct 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
127
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 21 leases and 28 wells, and the rule below applies to all of them.

Discovered
1957-05-07
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 Commission's schedule remark for this field reads: CONSOLIDATED TO DIMMITT (DELAWARE CONS)

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
OilDisposition25,142 bbl$576,256
Casinghead gasProduction182,058 Mcf$672,450
Total$1,248,706

Wells on this lease (1)

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 31.8514, -103.4951. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.85145, -103.49514 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,725 ft
1 wells filed one
Completion to plug
19.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 6,725 ft.

Completions filed
Mar 1997
1 of 1 wells
Plug dates filed
Jul 2016
1 of 1 wells

Last completion to plug: a median of 19.3 years across the 1 well that filed both dates, with the middle half between 19.3 years and 19.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3013078326,725 ftMar 1997Jul 2016Yes

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 (127)

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

127 months

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 2003103026.314.75$2,710
Aug 20032752,65029.765.13$21,778
Jul 20034772,77229.415.17$28,362
Jun 20032381,52828.565.98$15,939
May 20032692,89226.595.97$24,426
Apr 20031722,82026.675.41$19,836
Mar 20032282,73331.146.10$23,760
Feb 20032932,66533.487.93$30,932
Jan 20033722,86530.315.58$27,268
Dec 20023753,02926.914.85$24,793
Nov 20022443,01324.664.14$18,482
Oct 20023292,20926.464.23$18,047
Sep 20023013,05427.443.64$19,361
Aug 20022032,97025.963.16$14,667
Jul 20023093,11424.583.06$17,130
Jun 20023193,14823.733.34$18,079
May 20023253,23124.663.58$19,594
Apr 20023392,37323.653.51$16,352
Mar 20023172,87622.003.10$15,897
Feb 20022262,70618.222.38$10,546
Jan 20025062,84317.172.38$15,442
Dec 20013822,97616.932.36$13,504
Nov 20012553,01018.072.41$11,848
Oct 20015013,20019.782.53$18,002
Sep 20013693,11324.262.25$15,960
Aug 20015043,10724.873.05$22,021
Jul 20013823,23723.933.20$19,490
Jun 20013942,75624.563.82$20,216
May 20015013,33225.524.31$27,138
Apr 20012592,79624.685.34$21,310
Mar 20015233,05324.545.38$29,249
Feb 20013782,84527.755.77$26,897
Jan 20013733,05027.478.40$35,863
Dec 20005082,95126.889.12$40,576
Nov 20003742,66532.215.66$27,125
Oct 20003602,76031.235.15$25,444
Sep 20003752,87331.875.19$26,852
Aug 20004863,01929.644.54$28,114
Jul 20004983,06428.534.09$26,739
Jun 20004982,81029.304.40$26,948
May 20003852,94527.263.68$21,332
Apr 20005002,91824.513.12$21,347
Mar 20003663,08128.422.86$19,213
Feb 20004982,98827.622.73$21,902
Jan 20003833,21925.272.48$17,663
Dec 19995023,17424.282.42$19,881
Nov 19996153,04323.192.43$21,668
Oct 19993733,11820.982.80$16,568
Sep 19995143,01821.752.62$19,083
Aug 19994962,94019.262.88$18,007
Jul 19994793,15617.892.37$16,057
Jun 19994763,00015.942.36$14,674
May 19994773,07315.792.32$14,664
Apr 19995033,16415.102.21$14,582
Mar 19994683,25612.471.84$11,822
Feb 19992972,6529.981.82$7,785
Jan 19991431,00810.381.90$3,399
Dec 19981421,0329.201.77$3,136
Nov 19981391,07710.892.19$3,868
Oct 19981381,23812.421.97$4,152
Sep 19981261,19812.592.08$4,081
Aug 19981241,04711.301.91$3,398
Jul 19981031,22211.742.24$3,943
Jun 19986261311.242.24$2,068
May 19987166312.622.21$2,359
Apr 19987466613.042.51$2,634
Mar 19988873812.802.31$2,831
Feb 19988878213.952.30$3,026
Jan 19989771214.702.15$2,960
Dec 19977672816.322.41$2,996
Nov 19974685318.193.09$3,471
Oct 19974480719.253.15$3,389
Sep 19975664017.742.95$2,885
Aug 19979171617.862.55$3,454
Jul 19972891,18817.582.25$7,750
Jun 19976952,29417.242.26$17,160
May 19977641,56618.972.31$18,108
Apr 199721441717.882.08$4,695

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 2003 — as filed, then multipliedworked
Oil                  103 bbl  × $ 26.31 =     $2,710
Casinghead gas         0 Mcf  × $  4.75 =         $0

────────────────────────────────────────────────────
Month total                                   $2,710

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/35404 is the state's own key, not one this site invented.