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WHITING 21

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

Oil lease lease 51186District 08Field 49129858OilCasinghead gasSave
Value, all time
$58.0 M
Sep 2018 – May 2026
Value, last 12 filed months
$8.4 M
at the published price for each month
Months reported
93
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
OilDisposition808,309 bbl$53,675,261
Casinghead gasProduction1,327,376 Mcf$4,341,322
Total$58,016,584

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 31.8844, -102.9543. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.6 miles.

31.88109, -102.95495 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
7,921 ft
3 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.
3100.0%

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

Between 7,878 and 8,050 ft, median 7,921 ft, over the 3 wells that filed a depth.

Completions filed
Sep 2018 – Dec 2022
3 of 3 wells

3 wells

42-495348063H8,050 ftDec 2022——
42-495013682H7,921 ftJan 2020——
42-495340951H7,878 ftSep 2018——

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 (93)

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

93 months

May 20268,61618,328106.413.05$972,653
Apr 20268,87117,01898.932.87$926,445
Mar 20269,93810,67389.753.15$925,549
Feb 202610,27413,13463.503.75$701,656
Jan 20268,70010,71659.138.00$600,137
Dec 202510,6427,87056.664.41$637,709
Nov 20258,4616,15758.593.93$519,905
Oct 20257,64010,04559.383.30$486,860
Sep 202510,04410,68362.743.08$663,031
Aug 20258,89014,18763.933.01$611,108
Jul 20259,74313,28966.743.32$694,304
Jun 20259,57913,89466.483.13$680,282
May 202510,44916,04060.553.23$684,533
Apr 202510,20213,74362.363.54$684,890
Mar 202510,40112,55467.704.27$757,732
Feb 20258,62011,89970.884.34$662,637
Jan 20259,53620,63274.324.28$796,993
Dec 202413,12122,12168.993.12$974,266
Nov 202410,01523,11369.052.20$742,348
Oct 202411,57120,68471.372.28$873,011
Sep 202412,88118,41869.612.36$940,193
Aug 202412,77622,04375.632.06$1,011,737
Jul 202413,24321,04379.932.15$1,103,684
Jun 20245,61217,25278.082.63$483,626
May 20245,93313,81478.812.20$497,949
Apr 20244,78414,20184.451.66$427,571
Mar 20246,38217,71380.301.55$539,843
Feb 20246,10218,04376.091.78$496,483
Jan 20245,72322,28873.023.30$491,392
Dec 20235,39922,78171.262.61$444,208
Nov 20235,10217,45077.892.81$446,387
Oct 20236,31621,25685.443.09$605,262
Sep 20235,37122,59389.042.74$540,027
Aug 20235,82519,68280.522.67$521,637
Jul 20235,57621,49174.852.64$474,139
Jun 20235,53421,96768.962.26$431,237
May 20236,55121,02770.622.23$509,467
Apr 20236,00423,69478.122.24$522,054
Mar 20237,59525,08172.852.39$613,319
Feb 20236,64620,14775.112.47$548,857
Jan 20237,56717,69976.533.39$639,062
Dec 20228,28417,73476.415.73$734,580
Nov 20227,56819,76785.005.65$754,888
Oct 20228,38819,46287.185.86$845,386
Sep 20228,57420,94384.888.16$898,733
Aug 20229,92517,84494.529.13$1,100,976
Jul 20227,75119,885101.587.54$937,321
Jun 20226,41515,621115.097.98$862,914
May 202210,5883,919109.378.43$1,191,059
Apr 20229,10416,782104.226.84$1,063,567
Mar 202210,6540108.885.08$1,160,008
Feb 202210,032091.054.86$913,414
Jan 202210,032081.844.54$821,019
Dec 20219,485071.323.90$676,470
Nov 20213,069077.435.24$237,633
Oct 202110,002079.795.71$798,060
Sep 202110,498069.865.35$733,390
Aug 20219,625066.024.22$635,443
Jul 20219,43615,97870.783.98$731,506
Jun 202111,29122,67169.493.38$861,254
May 202111,51922,33963.483.02$798,638
Apr 20219,65019,92560.362.76$637,436
Mar 202110,41710,50561.302.72$667,104
Feb 20217,5286,63857.805.55$471,946
Jan 20213,86411,11050.412.81$226,006
Dec 20207,91010,93944.642.68$382,369
Nov 202013,192038.772.71$511,454
Oct 202013,0955,40436.972.48$497,516
Sep 202012,90923,14937.091.99$524,885
Aug 202013,71029,15039.982.39$617,651
Jul 202012,42326,84938.371.83$525,673
Jun 202011,44320,74034.901.69$434,418
May 20208,80718,59116.921.81$182,752
Apr 20206,47613,80814.751.80$120,436
Mar 20207,58316,59930.341.86$260,880
Feb 20206,45812,87849.881.98$347,632
Jan 20206,86210,55957.252.09$414,968
Dec 20196,36711,23159.012.30$401,597
Nov 20196,3629,92455.302.75$379,117
Oct 20196,8205,96553.472.42$379,092
Sep 20197,1649,60655.052.66$419,904
Aug 20198,94912,31153.112.30$503,650
Jul 20191,9344,03856.272.46$118,760
Jun 20198,18813,22152.782.49$465,099
May 20199,10215,07358.482.74$573,590
Apr 20199,84614,62362.632.75$656,878
Mar 20198,39312,17956.803.06$514,016
Feb 201910,90416,25650.852.79$599,859
Jan 201913,42915,98446.033.23$669,736
Dec 201814,85215,46846.594.19$756,695
Nov 201813,5943,91252.934.24$736,107
Oct 20184,3856,07461.443.40$290,054
Sep 20181,2185,25959.543.11$88,865

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                8,616 bbl  × $106.41 =   $916,829
Casinghead gas    18,328 Mcf  × $  3.05 =    $55,824

────────────────────────────────────────────────────
Month total                                 $972,653

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/51186 is the state's own key, not one this site invented.