THOROUGHBRED 11

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

Oil lease lease 46461District 08Field 55262500OilCasinghead gasSaveExport
Value, all time
$1.2 M
Feb 2015 – May 2026
Value, last 12 filed months
$52 k
at the published price for each month
Months reported
136
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 6 leases and 7 wells, and the rule below applies to all of them.

Discovered
1971-11-08
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) SHALL BE ASSIGNED TO SPRABERRY (TREND AREA)

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
OilDisposition20,889 bbl$1,081,174
Casinghead gasProduction29,167 Mcf$86,275
Total$1,167,448

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 32.4979, -102.6034. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.49789, -102.60343 · 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
11,925 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 11,925 ft.

Completions filed
Feb 2015
1 of 1 wells

1 well

42-00346514111,925 ftFeb 2015

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 (136)

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

136 months

May 202604106.413.05$12
Apr 20261347998.932.87$13,483
Mar 202605089.753.15$157
Feb 20261419863.503.75$9,321
Jan 202605659.138.00$448
Dec 20251469856.664.41$8,705
Nov 202506658.593.93$259
Oct 202504659.383.30$152
Sep 20251424162.743.08$9,035
Aug 202509163.933.01$274
Jul 20251427766.743.32$9,732
Jun 202501566.483.13$47
May 20251432660.553.23$8,743
Apr 20250062.363.54$0
Mar 2025149067.704.27$10,087
Feb 20250070.884.34$0
Jan 2025143074.324.28$10,628
Dec 202403268.993.12$100
Nov 20241555469.052.20$10,821
Oct 20240071.372.28$0
Sep 2024158069.612.36$10,998
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 2024153078.082.63$11,946
May 20240678.812.20$13
Apr 202401084.451.66$17
Mar 2024132080.301.55$10,600
Feb 20240376.091.78$5
Jan 2024146873.023.30$10,687
Dec 20230671.262.61$16
Nov 20231221377.892.81$9,539
Oct 2023127985.443.09$10,879
Sep 2023128789.042.74$11,416
Aug 2023128080.522.67$10,307
Jul 2023128074.852.64$9,581
Jun 2023128068.962.26$8,827
May 2023142670.622.23$10,041
Apr 20231422978.122.24$11,158
Mar 2023132972.852.39$9,638
Feb 20230075.112.47$0
Jan 202303076.533.39$102
Dec 202201276.415.73$69
Nov 2022693485.005.65$6,057
Oct 202201087.185.86$59
Sep 20220084.888.16$0
Aug 20221292294.529.13$12,394
Jul 2022034101.587.54$256
Jun 2022036115.097.98$287
May 2022027109.378.43$228
Apr 20221284104.226.84$13,368
Mar 2022045108.885.08$228
Feb 202204491.054.86$214
Jan 202203681.844.54$163
Dec 2021674871.323.90$4,966
Nov 202104677.435.24$241
Oct 202103679.795.71$206
Sep 20211273669.865.35$9,065
Aug 20211271366.024.22$8,439
Jul 202102470.783.98$96
Jun 202103869.493.38$128
May 2021119163.483.02$7,557
Apr 20210060.362.76$0
Mar 202103561.302.72$95
Feb 202101357.805.55$72
Jan 202102650.412.81$73
Dec 2020123344.642.68$5,499
Nov 202007038.772.71$189
Oct 202005036.972.48$124
Sep 202005737.091.99$113
Aug 20201287239.982.39$5,289
Jul 202003238.371.83$58
Jun 202003234.901.69$54
May 20200516.921.81$9
Apr 2020132514.751.80$1,956
Mar 20200030.341.86$0
Feb 202003249.881.98$63
Jan 202007457.252.09$155
Dec 201909159.012.30$210
Nov 201912918655.302.75$7,645
Oct 201913018653.472.42$7,401
Sep 201904855.052.66$128
Aug 201926315353.112.30$14,321
Jul 2019022556.272.46$554
Jun 201939016852.782.49$21,003
May 2019017858.482.74$488
Apr 201925913362.632.75$16,587
Mar 2019013856.803.06$423
Feb 201905850.852.79$162
Jan 2019012346.033.23$397
Dec 2018064346.594.19$2,691
Nov 201820627852.934.24$12,082
Oct 2018044661.443.40$1,516
Sep 201818616259.543.11$11,578
Aug 2018052159.403.07$1,598
Jul 201801,62965.142.93$4,776
Jun 20181461,04560.183.08$12,002
May 2018057365.382.90$1,662
Apr 201831645663.842.90$21,496
Mar 201818756661.222.79$13,025
Feb 2018085261.782.77$2,357
Jan 201811868662.874.01$10,169
Dec 2017046057.272.92$1,344
Nov 201723713555.423.12$13,556
Oct 201769149.292.98$567
Sep 20174239147.523.09$3,203
Aug 201728333345.373.00$13,840
Jul 201791620343.873.09$40,812
Jun 201718917642.493.09$8,574
May 201732413245.373.26$15,131
Apr 2017016947.933.21$543
Mar 201736615746.772.98$17,586
Feb 201752113450.452.95$26,680
Jan 20174338249.413.42$21,675
Dec 20162379948.763.72$11,925
Nov 20161218042.492.64$5,353
Oct 20164142946.193.09$19,212
Sep 2016010241.553.10$316
Aug 201637911441.442.92$16,039
Jul 2016039241.622.92$1,146
Jun 201625843045.352.69$12,855
May 201625150942.521.99$11,686
Apr 201637932536.561.99$14,503
Mar 201663842033.011.79$21,814
Feb 201665929426.472.06$18,050
Jan 201656216727.352.36$15,766
Dec 20152656832.362.00$8,712
Nov 201543134938.792.17$17,475
Oct 2015076943.552.43$1,866
Sep 201538290642.992.76$18,921
Aug 20159511,61940.162.87$42,843
Jul 20157052,21848.152.95$40,478
Jun 20151,8152,48656.152.88$109,079
May 20151,1982,34155.212.96$73,060
Apr 20151,3871,09249.822.71$72,056
Mar 2015033042.892.93$968
Feb 20150044.662.98$0

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                    0 bbl  × $106.41 =         $0
Casinghead gas         4 Mcf  × $  3.05 =        $12

────────────────────────────────────────────────────
Month total                                      $12

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/46461 is the state's own key, not one this site invented.