WAGON WHEEL UNIVERSITY

Operated by SUNDOWN ENERGY LP (P-5 829482) in the WAGON WHEEL (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 46897District 08Field 94640500OilCasinghead gasSaveExport
Value, all time
$4.1 M
Sep 2015 – May 2026
Value, last 12 filed months
$261 k
at the published price for each month
Months reported
129
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 7 leases and 212 wells, and the rule below applies to all of them.

Discovered
1979-03-01
as the register files it
Field class
Oil and gas
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 1980-06-09.

The Commission's schedule remark for this field reads: OPTIONAL 40 ACRE UNITS/DIAG 2100'

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
OilDisposition64,191 bbl$3,725,156
Casinghead gasProduction103,487 Mcf$328,128
Total$4,053,284

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 31.5604, -102.9989. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56042, -102.99886 · 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
10,767 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 10,767 ft.

Completions filed
Sep 2015
1 of 1 wells

1 well

42-47537019110,767 ftSep 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 (129)

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

129 months

May 2026178419106.413.05$20,217
Apr 202635161298.932.87$36,481
Mar 202635667789.753.15$34,083
Feb 202618459863.503.75$13,927
Jan 202636962559.138.00$26,818
Dec 202517165556.664.41$12,580
Nov 202538362458.593.93$24,890
Oct 2025193059.383.30$11,460
Sep 202537752262.743.08$25,259
Aug 202519167963.933.01$14,258
Jul 202537065766.743.32$26,872
Jun 202517864066.483.13$13,836
May 202536470560.553.23$24,319
Apr 202518163062.363.54$13,519
Mar 202537372667.704.27$28,351
Feb 202535965470.884.34$28,285
Jan 202536262274.324.28$29,565
Dec 202436768968.993.12$27,470
Nov 202416861769.052.20$12,957
Oct 202435169071.372.28$26,625
Sep 202435270769.612.36$26,174
Aug 202451863475.632.06$40,485
Jul 202434172579.932.15$28,812
Jun 202416965478.082.63$14,918
May 202434566578.812.20$28,651
Apr 202435669584.451.66$31,217
Mar 202433561380.301.55$27,848
Feb 202435859476.091.78$28,300
Jan 202436866273.023.30$29,054
Dec 202319465471.262.61$15,532
Nov 202355960977.892.81$45,250
Oct 202334760785.443.09$31,522
Sep 202337561589.042.74$35,072
Aug 202337367780.522.67$31,844
Jul 2023374074.852.64$27,994
Jun 202337265168.962.26$27,123
May 202338270970.622.23$28,556
Apr 202334855578.122.24$28,428
Mar 202353554672.852.39$40,281
Feb 202334949875.112.47$27,441
Jan 202331958376.533.39$26,388
Dec 202234859676.415.73$30,005
Nov 202234357285.005.65$32,385
Oct 202217064587.185.86$18,603
Sep 202269165284.888.16$63,975
Aug 202238462094.529.13$41,955
Jul 2022410675101.587.54$46,739
Jun 2022581680115.097.98$72,292
May 2022401730109.378.43$50,013
Apr 2022379615104.226.84$43,705
Mar 2022726609108.885.08$82,138
Feb 202233952291.054.86$33,402
Jan 202234858781.844.54$31,144
Dec 202151255471.323.90$38,676
Nov 202134559477.435.24$29,824
Oct 202151366079.795.71$44,703
Sep 202150063669.865.35$38,333
Aug 202151160366.024.22$36,281
Jul 202132566270.783.98$25,640
Jun 202150447869.493.38$36,639
May 202166289463.483.02$44,722
Apr 202148986760.362.76$31,908
Mar 202166891461.302.72$43,432
Feb 202132180957.805.55$23,042
Jan 202148895550.412.81$27,284
Dec 20206821,02744.642.68$33,192
Nov 202065485638.772.71$27,672
Oct 202033089836.972.48$14,426
Sep 202064771337.091.99$25,417
Aug 202034689939.982.39$15,977
Jul 202070589238.371.83$28,679
Jun 202037555034.901.69$14,017
May 202056262116.921.81$10,636
Apr 202055755914.751.80$9,224
Mar 202054777330.341.86$18,031
Feb 202018250649.881.98$10,080
Jan 202064966757.252.09$38,552
Dec 201956084459.012.30$34,990
Nov 20197181,05755.302.75$42,613
Oct 201936253253.472.42$20,643
Sep 201952669755.052.66$30,808
Aug 201947740853.112.30$26,274
Jul 201934456156.272.46$20,737
Jun 20193661,02452.782.49$21,868
May 201953799858.482.74$34,139
Apr 201971794962.632.75$47,516
Mar 201971862656.803.06$42,699
Feb 201935357150.852.79$19,544
Jan 201935671346.033.23$18,688
Dec 201854079146.594.19$28,469
Nov 201855383052.934.24$32,787
Oct 201851494261.443.40$34,781
Sep 201852494259.543.11$34,127
Aug 201854683859.403.07$35,002
Jul 201872287565.142.93$49,596
Jun 201836392660.183.08$24,695
May 201871595265.382.90$49,508
Apr 20186981,06663.842.90$47,653
Mar 201834560861.222.79$22,815
Feb 201868571061.782.77$44,283
Jan 201852976962.874.01$36,341
Dec 201753679057.272.92$33,005
Nov 201753777055.423.12$32,162
Oct 201754780549.292.98$29,363
Sep 201752181247.523.09$27,265
Aug 201770887945.373.00$34,763
Jul 201752190043.873.09$25,635
Jun 201770388142.493.09$32,590
May 201753785545.373.26$27,154
Apr 201769592247.933.21$36,272
Mar 201751489946.772.98$26,722
Feb 201771590250.452.95$38,735
Jan 201756398249.413.42$31,175
Dec 20165491,01748.763.72$30,555
Nov 201674798642.492.64$34,347
Oct 20165491,00046.193.09$28,449
Sep 20167291,21941.553.10$34,070
Aug 20165491,32741.442.92$26,631
Jul 20167311,16041.622.92$33,816
Jun 20165311,02145.352.69$26,823
May 20167121,00342.521.99$32,271
Apr 20167031,26236.561.99$28,214
Mar 20167331,36933.011.79$26,652
Feb 20169171,39126.472.06$27,144
Jan 20169011,66427.352.36$28,577
Dec 20151,0991,93732.362.00$39,440
Nov 20151,1012,09938.792.17$47,257
Oct 20151,8272,97343.552.43$86,780
Sep 20151,2592,64942.992.76$61,431

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                  178 bbl  × $106.41 =    $18,941
Casinghead gas       419 Mcf  × $  3.05 =     $1,276

────────────────────────────────────────────────────
Month total                                  $20,217

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/46897 is the state's own key, not one this site invented.