STATE OF TEXAS -Q-

Operated by WTG EXPLORATION (P-5 945220) in the BLOCK 12 field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 423District 08Field 09250001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$1.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$46 k
at the published price for each month
Months reported
401
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 34 leases and 62 wells, and the rule below applies to all of them.

Discovered
1946-10-22
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 2010-12-17.

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: NO PLATS REQUIRED FOR VERTICAL,BUT MUST KEY ACRES

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
OilDisposition27,734 bbl$1,437,304
Casinghead gasProduction74,437 Mcf$263,261
Total$1,700,566

12,863 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 32.2406, -102.8726. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.24088, -102.87211 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
7,245 ft
1 wells filed one
Completion to plug
3.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
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.
266.7%

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 7,245 ft.

Completions filed
Apr 1990 – May 1990
2 of 3 wells; 1 filed none
Plug dates filed
May 1993
1 of 3 wells; 2 filed none

Last completion to plug: a median of 3.0 years across the 1 well that filed both dates, with the middle half between 3.0 years and 3.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-003074683
42-0030716817,245 ftMay 1990May 1993Yes
42-003074672Apr 1990

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 (401)

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

401 months

May 202647146106.413.05$5,446
Apr 20264713798.932.87$5,043
Mar 20264817989.753.15$4,872
Feb 20264914963.503.75$3,670
Jan 20262412859.138.00$2,443
Dec 20254214156.664.41$3,002
Nov 20253913958.593.93$2,831
Oct 20254115559.383.30$2,947
Sep 20256116262.743.08$4,326
Aug 20256216963.933.01$4,473
Jul 20253916666.743.32$3,153
Jun 20254217466.483.13$3,337
May 2025406960.553.23$2,645
Apr 20254111162.363.54$2,950
Mar 20254012467.704.27$3,237
Feb 20254312670.884.34$3,595
Jan 20252213974.324.28$2,230
Dec 202463768.993.12$4,368
Nov 20244312369.052.20$3,240
Oct 20242017471.372.28$1,824
Sep 20243916969.612.36$3,114
Aug 20242317875.632.06$2,107
Jul 20244315679.932.15$3,772
Jun 20244418778.082.63$3,928
May 20244217978.812.20$3,704
Apr 20244418784.451.66$4,026
Mar 20244518380.301.55$3,896
Feb 20244418476.091.78$3,676
Jan 20246914973.023.30$5,530
Dec 20234516871.262.61$3,645
Nov 20234717877.892.81$4,161
Oct 20234618785.443.09$4,508
Sep 20234518689.042.74$4,516
Aug 20236711580.522.67$5,702
Jul 2023697774.852.64$5,368
Jun 2023437468.962.26$3,132
May 20234415670.622.23$3,455
Apr 20234513778.122.24$3,822
Mar 20234218372.852.39$3,498
Feb 20234414675.112.47$3,665
Jan 20234418376.533.39$3,987
Dec 20224614576.415.73$4,346
Nov 20226817385.005.65$6,757
Oct 2022457887.185.86$4,380
Sep 20224317284.888.16$5,054
Aug 20224419494.529.13$5,930
Jul 202264107101.587.54$7,308
Jun 202244174115.097.98$6,452
May 202223192109.378.43$4,135
Apr 202243141104.226.84$5,446
Mar 202269161108.885.08$8,330
Feb 20224218791.054.86$4,733
Jan 20224414381.844.54$4,250
Dec 20214719171.323.90$4,097
Nov 20216917877.435.24$6,275
Oct 20216220979.795.71$6,141
Sep 2021249969.865.35$2,206
Aug 20216918966.024.22$5,353
Jul 2021696570.783.98$5,143
Jun 20212515369.493.38$2,254
May 2021467663.483.02$3,149
Apr 20217417560.362.76$4,949
Mar 20217914061.302.72$5,223
Feb 2021278357.805.55$2,021
Jan 20217819150.412.81$4,469
Dec 20208120444.642.68$4,162
Nov 20205319038.772.71$2,569
Oct 20207619836.972.48$3,300
Sep 20205018037.091.99$2,213
Aug 20207720239.982.39$3,560
Jul 202010417838.371.83$4,315
Jun 20205312334.901.69$2,058
May 20205416216.921.81$1,208
Apr 20205514314.751.80$1,069
Mar 20205318630.341.86$1,953
Feb 20205319349.881.98$3,026
Jan 20207921957.252.09$4,982
Dec 20197622059.012.30$4,992
Nov 20198019255.302.75$4,952
Oct 20197719953.472.42$4,598
Sep 20195010355.052.66$3,026
Aug 20196518953.112.30$3,888
Jul 2019439056.272.46$2,641
Jun 20196211452.782.49$3,556
May 2019419358.482.74$2,653
Apr 20194114262.632.75$2,958
Mar 20195910256.803.06$3,664
Feb 20195115250.852.79$3,018
Jan 20193316146.033.23$2,039
Dec 20185116146.594.19$3,050
Nov 20184814552.934.24$3,155
Oct 20184617361.443.40$3,414
Sep 20184917659.543.11$3,464
Aug 20184812559.403.07$3,235
Jul 2018675165.142.93$4,514
Jun 2018503360.183.08$3,111
May 20183311365.382.90$2,485
Apr 20184911563.842.90$3,462
Mar 20185111861.222.79$3,451
Feb 20183510261.782.77$2,444
Jan 20185011262.874.01$3,593
Dec 20174911657.272.92$3,145
Nov 20173511755.423.12$2,305
Oct 20175012749.292.98$2,843
Sep 20173312647.523.09$1,957
Aug 20173411645.373.00$1,891
Jul 20175011243.873.09$2,539
Jun 20171611642.493.09$1,038
May 20174912145.373.26$2,618
Apr 20174612447.933.21$2,603
Mar 20176714146.772.98$3,554
Feb 20176911050.452.95$3,806
Jan 20175110049.413.42$2,862
Dec 20165210148.763.72$2,912
Nov 2016507042.492.64$2,310
Oct 20168620146.193.09$4,593
Sep 20164818441.553.10$2,565
Aug 20169814641.442.92$4,488
Jul 20167814841.622.92$3,679
Jun 20167514845.352.69$3,799
May 20169716342.521.99$4,449
Apr 201611215036.561.99$4,393
Mar 20169216833.011.79$3,338
Feb 201613016126.472.06$3,773
Jan 20169114327.352.36$2,827
Dec 201511110232.362.00$3,796
Nov 2015110038.792.17$4,267
Oct 201586043.552.43$3,745
Sep 2015115042.992.76$4,944
Aug 2015115040.162.87$4,618
Jul 2015864348.152.95$4,268
Jun 201514121956.152.88$8,549
May 2015593455.212.96$3,358
Apr 201590049.822.71$4,484
Mar 201511512242.892.93$5,290
Feb 2015561944.662.98$2,558
Jan 201588043.433.10$3,822
Dec 201462054.693.59$3,391
Nov 201492070.464.25$6,482
Oct 201487078.303.90$6,812
Sep 201458086.164.05$4,997
Aug 2014144089.394.04$12,872
Jul 201489196.564.18$8,598
Jun 2014643898.164.74$6,462
May 20141244094.734.73$11,936
Apr 2014553195.944.81$5,426
Mar 20149020595.895.06$9,667
Feb 20145914597.406.19$6,644
Jan 20148919390.404.86$8,984
Dec 201311722691.824.35$11,727
Nov 20138415288.853.74$8,032
Oct 2013115097.423.78$11,203
Sep 2013570104.113.72$5,934
Aug 20131120104.253.52$11,676
Jul 2013880102.523.72$9,022
Jun 20131148594.403.93$11,096
May 20138316294.834.15$8,543
Apr 20138818393.964.28$9,052
Mar 201310921693.623.91$11,050
Feb 20138420291.233.42$8,354
Jan 2013886591.603.42$8,283
Dec 2012110086.773.42$9,545
Nov 201289086.953.62$7,739
Oct 201285089.383.40$7,597
Sep 201282094.672.92$7,763
Aug 20121159592.662.91$10,932
Jul 20128417885.133.02$7,689
Jun 2012867779.822.52$7,058
May 2012822591.612.49$7,574
Apr 201210853101.652.00$11,084
Mar 201210460105.052.22$11,059
Feb 201296141101.102.57$10,068
Jan 20127522298.092.73$7,964
Dec 20119613896.873.24$9,747
Nov 20119713695.723.31$9,735
Oct 20117220884.983.65$6,877
Sep 20119522683.623.99$8,845
Aug 20117423183.404.15$7,130
Jul 201112023594.144.52$12,358
Jun 20117217592.904.64$7,501
May 20119622098.134.40$10,390
Apr 201195208105.964.33$10,968
Mar 20119716296.364.06$10,004
Feb 20117320385.644.18$7,100
Jan 201110023186.504.59$9,710
Dec 201010019085.734.35$9,399
Nov 201010015680.843.80$8,676
Oct 201011720278.103.51$9,847
Sep 20108719772.633.98$7,103
Aug 2010679373.684.42$5,348
Jul 20104715172.554.74$4,125
Jun 20106810570.364.91$5,300
May 20109922871.124.24$8,007
Apr 20108415881.694.12$7,513
Mar 20106713278.394.39$5,831
Feb 20108916773.585.44$7,457
Jan 20109136174.365.96$8,920
Dec 20096626371.445.48$6,157
Nov 20098916574.593.75$7,258
Oct 20098810772.544.11$6,823
Sep 20096614765.543.06$4,776
Aug 20098815967.423.22$6,445
Jul 20096712361.133.46$4,522
Jun 20096315266.163.90$4,760
May 20096717754.743.93$4,362
Apr 20096512646.773.59$3,492
Mar 2009914342.144.06$4,009
Feb 2009696832.814.63$2,579
Jan 20099117035.865.37$4,176
Dec 20088918737.105.98$4,420
Nov 20088812555.496.86$5,741
Oct 2008664075.246.92$5,243
Sep 2008113103101.767.88$12,310
Aug 200885168114.228.48$11,134
Jul 200878178131.0811.39$12,252
Jun 200871152131.3313.03$11,305
May 200861111123.1711.57$8,798
Apr 20087495110.3110.45$9,156
Mar 200873103101.909.66$8,434
Feb 2008899092.538.77$9,025
Jan 20089214190.388.21$9,472
Dec 20078419188.337.30$8,814
Nov 20078019491.677.29$8,748
Oct 20079921082.856.92$9,656
Sep 200710017175.846.24$8,652
Aug 20075021969.066.39$4,852
Jul 20079918470.906.39$8,194
Jun 20076610962.007.55$4,915
May 200710114058.747.85$7,031
Apr 200710018659.617.81$7,413
Mar 200710473556.927.30$11,287
Feb 20075313755.108.22$4,046
Jan 20072515950.306.73$2,327
Dec 20067723156.656.92$5,960
Nov 200610324254.207.62$7,426
Oct 20065319054.906.01$4,052
Sep 20067518760.085.04$5,448
Aug 200610324568.717.34$8,875
Jul 20067417769.376.34$6,256
Jun 20067715566.286.38$6,093
May 20067815366.016.42$6,132
Apr 20065113364.397.36$4,263
Mar 200610420956.707.08$7,377
Feb 200610225057.597.75$7,812
Jan 20067819960.598.93$6,504
Dec 20057546854.9413.42$10,399
Nov 20057619754.6910.59$6,242
Oct 200510523558.3413.80$9,368
Sep 20054918161.4512.08$5,197
Aug 20058219561.519.80$6,954
Jul 20057812555.697.84$5,324
Jun 20054817652.337.38$3,811
May 20053120045.226.65$2,732
Apr 20051715349.207.36$1,963
Mar 20053212150.377.15$2,478
Feb 20053413745.226.31$2,402
Jan 20053317743.166.32$2,543
Dec 20043117839.866.75$2,437
Nov 20043318945.286.33$2,691
Oct 20043320949.706.52$3,002
Sep 20043316343.245.28$2,288
Aug 20044913242.375.55$2,809
Jul 20043314138.286.08$2,121
Jun 20041615636.106.43$1,581
May 20044717437.486.49$2,892
Apr 20041517434.475.86$1,536
Mar 20043322434.365.53$2,373
Feb 20043323432.455.51$2,360
Jan 20045125532.036.30$3,240
Dec 20033425930.266.30$2,661
Nov 20033425328.804.60$2,142
Oct 20033428828.174.76$2,329
Sep 20033328726.314.75$2,231
Aug 20033422129.765.13$2,146
Jul 20033322429.415.17$2,129
Jun 20033122228.565.98$2,214
May 20033022026.595.97$2,112
Apr 20033319326.675.41$1,924
Mar 20035219931.146.10$2,832
Feb 20033417833.487.93$2,549
Jan 20033219730.315.58$2,070
Dec 20023419626.914.85$1,866
Nov 20024920324.664.14$2,048
Oct 20023220626.464.23$1,718
Sep 20024520027.443.64$1,962
Aug 20023318125.963.16$1,429
Jul 20023424424.583.06$1,583
Jun 20024925523.733.34$2,014
May 20024926224.663.58$2,147
Apr 20026324923.653.51$2,365
Mar 20024824022.003.10$1,801
Feb 20024722318.222.38$1,386
Jan 20024724917.172.38$1,399
Dec 20016526016.932.36$1,715
Nov 20014722318.072.41$1,386
Oct 20016421119.782.53$1,800
Sep 20014928124.262.25$1,821
Aug 20016224924.873.05$2,302
Jul 20016330123.933.20$2,470
Jun 20016330324.563.82$2,706
May 20014831025.524.31$2,560
Apr 20016427324.685.34$3,036
Mar 20014929624.545.38$2,794
Feb 20014926727.755.77$2,900
Jan 20016729627.478.40$4,327
Dec 20004528626.889.12$3,819
Nov 20004928932.215.66$3,213
Oct 20005030131.235.15$3,110
Sep 20004925131.875.19$2,863
Aug 20006526229.644.54$3,116
Jul 20006426228.534.09$2,897
Jun 20005024929.304.40$2,560
May 20005022527.263.68$2,191
Apr 20005027624.513.12$2,086
Mar 20006330228.422.86$2,654
Feb 20006429227.622.73$2,564
Jan 20003316025.272.48$1,231
Dec 19993016924.282.42$1,138
Nov 19994927823.192.43$1,813
Oct 19996431020.982.80$2,212
Sep 19996431121.752.62$2,206
Aug 19998136519.262.88$2,610
Jul 19994725717.892.37$1,451
Jun 19996426515.942.36$1,646
May 19994928915.792.32$1,444
Apr 19998128915.102.21$1,861
Mar 19996530412.471.84$1,369
Feb 1999662779.981.82$1,162
Jan 19996632210.381.90$1,297
Dec 1998982979.201.77$1,428
Nov 19986627910.892.19$1,329
Oct 19988130012.421.97$1,597
Sep 19986624412.592.08$1,339
Aug 19984928011.301.91$1,088
Jul 19981626111.742.24$772
Jun 19986525511.242.24$1,301
May 19986426412.622.21$1,390
Apr 19988729113.042.51$1,864
Mar 19986734612.802.31$1,657
Feb 19989032513.952.30$2,003
Jan 19986836414.702.15$1,784
Dec 19978336516.322.41$2,235
Nov 19977734318.193.09$2,460
Oct 19976733119.253.15$2,332
Sep 19978730617.742.95$2,448
Aug 19977129917.862.55$2,032
Jul 19978425617.582.25$2,052
Jun 19978632917.242.26$2,225
May 19978235018.972.31$2,364
Apr 19978229517.882.08$2,081
Mar 19979937118.951.94$2,595
Feb 19977129820.492.21$2,112
Jan 19978531123.483.54$3,097
Dec 19965525123.32$1,283
Nov 19966526421.97$1,428
Oct 19968728923.31$2,028
Sep 19965029022.22$1,111
Aug 19969331020.26$1,884
Jul 19967131519.55$1,388
Jun 19965427818.73$1,011
May 19967428819.43$1,438
Apr 19967228421.51$1,549
Mar 19967728919.38$1,492
Feb 199611326216.98$1,919
Jan 199610125617.07$1,724
Dec 199512428517.19$2,132
Nov 199513028816.00$2,080
Oct 199512229815.43$1,882
Sep 199511733316.18$1,893
Aug 19959528815.92$1,512
Jul 199512731215.24$1,935
Jun 19959521416.41$1,559
May 199511029017.56$1,932
Apr 19959616217.73$1,702
Mar 19959915816.44$1,628
Feb 19957613916.58$1,260
Jan 199511815515.92$1,879
Dec 19949915415.03$1,488
Nov 199412616315.90$2,003
Oct 199410818115.58$1,683
Sep 199416418315.29$2,508
Aug 19948919716.13$1,436
Jul 19947317817.56$1,282
Jun 199419712517.09$3,367
May 19948426515.88$1,334
Apr 19946924814.14$976
Mar 199410327112.46$1,283
Feb 199411523212.50$1,438
Jan 19949120612.66$1,152
Dec 19939129112.33$1,122
Nov 199312938414.49$1,869
Oct 19938835115.85$1,395
Sep 19938833015.03$1,323
Aug 199311636215.66$1,817
Jul 199310839515.46$1,670
Jun 19939739016.79$1,629
May 199313038417.68$2,298
Apr 199310217318.05$1,841
Mar 199312224018.14$2,213
Feb 199313244817.90$2,363
Jan 199310241416.93$1,727

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.

May 2026 — as filed, then multipliedworked
Oil                   47 bbl  × $106.41 =     $5,001
Casinghead gas       146 Mcf  × $  3.05 =       $445

────────────────────────────────────────────────────
Month total                                   $5,446

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/423 is the state's own key, not one this site invented.