WHEELER, C.O.

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

Oil lease lease 39254District 08Field 96756800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$757 k
Oct 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
212
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 22 leases and 52 wells, and the rule below applies to all of them.

Discovered
1959-01-24
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
510 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
OilDisposition9,584 bbl$690,963
Casinghead gasProduction22,115 Mcf$65,557
Total$756,520

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 31.8786, -102.8136. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.87863, -102.81357 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,320 ft
1 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.
1100.0%

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 9,320 ft.

Completions filed
May 2017
1 of 1 wells

1 well

42-4950573949,320 ftMay 2017

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 (212)

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

212 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
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 201710043.873.09$439
Jun 201727042.493.09$1,147
May 20173530645.373.26$2,587
Apr 20174797247.933.21$5,374
Mar 20175460446.772.98$4,328
Feb 2017086250.452.95$2,545
Jan 20175089949.413.42$5,544
Dec 20164897648.763.72$5,974
Nov 20164994142.492.64$4,570
Oct 20165899946.193.09$5,766
Sep 20166194941.553.10$5,477
Aug 2016641,00941.442.92$5,603
Jul 20166293941.622.92$5,326
Jun 20167261045.352.69$4,904
May 2016062442.521.99$1,242
Apr 20167172936.561.99$4,047
Mar 20167664833.011.79$3,671
Feb 20166945526.472.06$2,765
Jan 201614055027.352.36$5,129
Dec 20157856232.362.00$3,649
Nov 20157348438.792.17$3,881
Oct 20156547543.552.43$3,983
Sep 20157942042.992.76$4,555
Aug 201516693740.162.87$9,358
Jul 20158196748.152.95$6,748
Jun 20157385556.152.88$6,564
May 20158974555.212.96$7,116
Apr 20157840649.822.71$4,985
Mar 20159125642.892.93$4,654
Feb 201514424744.662.98$7,166
Jan 2015021043.433.10$651
Dec 20147220954.693.59$4,688
Nov 201413222270.464.25$10,245
Oct 2014026578.303.90$1,034
Sep 20141111986.164.05$9,641
Aug 201451089.394.04$4,559
Jul 20146516996.564.18$6,983
Jun 20144413098.164.74$4,935
May 201412515694.734.73$12,579
Apr 20146218695.944.81$6,843
Mar 20146612095.895.06$6,936
Feb 201403997.406.19$241
Jan 20141025990.404.86$9,508
Dec 20131607491.824.35$15,013
Nov 2013784288.853.74$7,087
Oct 201385097.423.78$8,281
Sep 201300104.113.72$0
Aug 201314721104.253.52$15,399
Jul 2013769102.523.72$7,825
Jun 2013152094.403.93$14,349
May 201380094.834.15$7,586
Apr 201379093.964.28$7,423
Mar 20131521393.623.91$14,281
Feb 2013701891.233.42$6,448
Jan 2013133091.603.42$12,183
Dec 201264086.773.42$5,553
Nov 2012129086.953.62$11,217
Oct 2012141089.383.40$12,603
Sep 201267094.672.92$6,343
Aug 201261092.662.91$5,652
Jul 201291085.133.02$7,747
Jun 20120079.822.52$0
May 201280091.612.49$7,329
Apr 20121250101.652.00$12,706
Mar 20121340105.052.22$14,077
Feb 2012710101.102.57$7,178
Jan 2012157098.092.73$15,400
Dec 201161096.873.24$5,909
Nov 201168095.723.31$6,509
Oct 2011133084.983.65$11,302
Sep 201115970083.623.99$16,086
Aug 201183083.404.15$6,922
Jul 2011151094.144.52$14,215
Jun 201162092.904.64$5,760
May 2011142098.134.40$13,934
Apr 2011610105.964.33$6,464
Mar 201162096.364.06$5,974
Feb 201161085.644.18$5,224
Jan 2011135086.504.59$11,678
Dec 201072085.734.35$6,173
Nov 2010145080.843.80$11,722
Oct 2010144078.103.51$11,246
Sep 201073272.633.98$5,310
Aug 2010742673.684.42$5,567
Jul 2010158072.554.74$11,463
Jun 201080070.364.91$5,629
May 2010148071.124.24$10,526
Apr 2010161081.694.12$13,152
Mar 201092078.394.39$7,212
Feb 201095073.585.44$6,990
Jan 2010129074.365.96$9,592
Dec 2009173071.445.48$12,359
Nov 200987074.593.75$6,489
Oct 200987072.544.11$6,311
Sep 2009182065.543.06$11,928
Aug 200989067.423.22$6,000
Jul 2009176061.133.46$10,759
Jun 200986066.163.90$5,690
May 2009174054.743.93$9,525
Apr 200991046.773.59$4,256
Mar 2009183042.144.06$7,712
Feb 200987032.814.63$2,854
Jan 2009188035.865.37$6,742
Dec 2008157037.105.98$5,825
Nov 200894055.496.86$5,216
Oct 20089075.246.92$677

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.

Jul 2017 — as filed, then multipliedworked
Oil                   10 bbl  × $ 43.87 =       $439
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                     $439

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/39254 is the state's own key, not one this site invented.