WAFFLE IRON

Operated by PERMIAN DEEP ROCK OIL CO., LLC (P-5 655805) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 48846District 08Field 85280300OilCasinghead gasSave
Value, all time
$272.8 M
May 2017 – May 2026
Value, last 12 filed months
$7.2 M
at the published price for each month
Months reported
109
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition3,930,978 bbl$226,324,880
Casinghead gasProduction13,339,332 Mcf$46,488,678
Total$272,813,557

Wells on this lease (18)

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 32.0286, -102.0524. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.02814, -102.05239 · 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 18 wells
With a plug date
0.0%
0 of 18 wells
Median depth
8,873 ft
18 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.
18100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 18 of 18 wells. Median 8,873 ft, with the middle half between 8,279 and 9,607 ft; the shallowest is 8,013 ft and the deepest 11,750 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

10s

Last completion by decade, 18 of 18 wells, May 2017 – May 2019. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 2017 – May 2019
18 of 18 wells

18 wells

42-32942114H110MS8,179 ftMay 2019
42-32942115H115SS8,611 ftMay 2019
42-32942117H125SS8,574 ftMay 2019
42-32942453H240MS8,181 ftMay 2019
42-32942454H230MS8,108 ftMay 2019
42-32942116H115WA9,480 ftMay 2019
42-32942459H225WA9,512 ftApr 2019
42-32941855H230LX8,886 ftAug 2018
42-32941769H235WA8,013 ftJul 2018
42-32941687H230WB9,668 ftJul 2018
42-32941772H235SS8,596 ftNov 2017
42-32941503H120LS9,031 ftNov 2017
42-32941504H120MS8,180 ftNov 2017
42-32941849H120WX9,737 ftNov 2017
42-32941524H110LS8,859 ftNov 2017
42-32941525H110WB9,639 ftNov 2017
42-32941408H240LS11,750 ftMay 2017
42-32941409H240WB9,758 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 (109)

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

109 months

May 202600106.413.05$0
Apr 20261,30310,07698.932.87$157,821
Mar 20267,02760,55389.753.15$821,381
Feb 20266,64548,61263.503.75$604,268
Jan 20266,31358,41359.138.00$840,470
Dec 20257,37663,18456.664.41$696,778
Nov 20256,98258,78458.593.93$639,887
Oct 20257,41139,68159.383.30$571,205
Sep 20257,40963,51762.743.08$660,277
Aug 20258,21863,64463.933.01$717,248
Jul 20258,91355,19166.743.32$777,823
Jun 20258,33544,83066.483.13$694,371
May 20258,82554,00360.553.23$708,909
Apr 20258,58356,83962.363.54$736,623
Mar 20258,47362,96467.704.27$842,373
Feb 20257,21057,63970.884.34$761,246
Jan 20257,39872,09474.324.28$858,287
Dec 20247,18567,57668.993.12$706,623
Nov 20246,48770,92669.052.20$603,854
Oct 20247,62580,21471.372.28$727,196
Sep 20247,04279,08869.612.36$677,186
Aug 20246,67582,60275.632.06$675,290
Jul 20245,33685,87179.932.15$610,836
Jun 20245,43086,26378.082.63$651,189
May 20245,23689,70378.812.20$609,856
Apr 20247,071102,29084.451.66$766,866
Mar 202410,429121,30780.301.55$1,024,884
Feb 20249,734117,15376.091.78$949,619
Jan 202410,021116,56973.023.30$1,116,138
Dec 20238,045134,02471.262.61$923,186
Nov 20239,878132,69677.892.81$1,141,949
Oct 202313,606147,93485.443.09$1,619,210
Sep 202313,671146,37489.042.74$1,617,605
Aug 202314,737144,21780.522.67$1,572,098
Jul 202313,219134,49874.852.64$1,344,759
Jun 202311,399131,24668.962.26$1,082,492
May 202315,710163,12870.622.23$1,472,792
Apr 202318,245165,66478.122.24$1,796,016
Mar 202318,244176,35672.852.39$1,751,124
Feb 202317,443176,35675.112.47$1,744,981
Jan 202319,006148,79676.533.39$1,958,608
Dec 202219,487149,17876.415.73$2,343,654
Nov 202219,793134,46285.005.65$2,441,604
Oct 202220,028140,51487.185.86$2,569,981
Sep 202217,596145,43384.888.16$2,680,817
Aug 202219,649162,46694.529.13$3,340,077
Jul 202222,392167,877101.587.54$3,540,721
Jun 202219,332154,163115.097.98$3,454,709
May 202221,575166,133109.378.43$3,760,664
Apr 202221,274168,498104.226.84$3,369,298
Mar 202222,432175,640108.885.08$3,334,015
Feb 202221,926166,13591.054.86$2,803,586
Jan 202227,581208,82781.844.54$3,204,819
Dec 202129,369216,88471.323.90$2,940,254
Nov 202129,736225,09277.435.24$3,481,232
Oct 202131,363234,12279.795.71$3,840,196
Sep 202131,909228,91869.865.35$3,454,085
Aug 202134,649244,73666.024.22$3,320,457
Jul 202136,822223,38670.783.98$3,495,802
Jun 202135,549233,83969.493.38$3,260,821
May 202140,453237,11163.483.02$3,283,479
Apr 202142,477237,84260.362.76$3,219,980
Mar 202147,819232,27161.302.72$3,562,371
Feb 202136,691173,38957.805.55$3,082,693
Jan 202149,210235,12950.412.81$3,141,452
Dec 202051,324229,82844.642.68$2,905,999
Nov 202051,242249,78338.772.71$2,662,708
Oct 202057,593249,18336.972.48$2,746,796
Sep 202056,465228,40937.091.99$2,549,058
Aug 202061,296173,31939.982.39$2,863,997
Jul 202058,272155,07138.371.83$2,518,920
Jun 202060,700153,39734.901.69$2,377,718
May 202065,850156,52416.921.81$1,398,234
Apr 202073,646192,70814.751.80$1,433,997
Mar 202089,788236,20230.341.86$3,162,613
Feb 202096,000211,72649.881.98$5,207,839
Jan 2020110,742259,42557.252.09$6,883,407
Dec 2019117,872213,85159.012.30$7,448,416
Nov 2019119,803194,03655.302.75$7,158,841
Oct 2019107,995204,94053.472.42$6,270,148
Sep 2019102,461202,31255.052.66$6,178,078
Aug 2019112,053173,47053.112.30$6,350,872
Jul 2019125,32194,68056.272.46$7,284,731
Jun 2019104,59688,94052.782.49$5,742,144
May 201976,88173,75458.482.74$4,698,110
Apr 20198,2587,72162.632.75$538,437
Mar 20190056.803.06$0
Feb 201915,97714,18950.852.79$852,049
Jan 201965,38342,18546.033.23$3,145,760
Dec 201847,42431,17546.594.19$2,339,965
Nov 201859,78970,24852.934.24$3,462,289
Oct 201860,84555,32761.443.40$3,926,322
Sep 201892,81774,59359.543.11$5,758,159
Aug 201856,72637,57459.403.07$3,484,747
Jul 20189,9743,88865.142.93$661,106
Jun 201811,45114,92760.183.08$735,050
May 201884,980155,35965.382.90$6,006,658
Apr 201877,024100,20563.842.90$5,207,887
Mar 201897,629112,09861.222.79$6,289,247
Feb 2018113,129114,69361.782.77$7,306,364
Jan 2018108,414103,97162.874.01$7,232,841
Dec 201783,29474,45057.272.92$4,987,755
Nov 201722,76913,92055.423.12$1,305,266
Oct 20171174049.292.98$5,886
Sep 201718,46520,28847.523.09$940,092
Aug 201742,63246,47445.373.00$2,073,840
Jul 201743,23344,36843.873.09$2,033,608
Jun 201733,74127,16142.493.09$1,517,509
May 20170045.373.26$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.

Apr 2026 — as filed, then multipliedworked
Oil                1,303 bbl  × $ 98.93 =   $128,906
Casinghead gas    10,076 Mcf  × $  2.87 =    $28,915

────────────────────────────────────────────────────
Month total                                 $157,821

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/48846 is the state's own key, not one this site invented.