WHEELER, C. O.

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

Oil lease lease 8023District 08Field 96756200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$6.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$85 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 21 leases and 34 wells, and the rule below applies to all of them.

Discovered
1945-05-16
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 1972-04-24.

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: MAXIMUM 160 ACRES, MIMINUM 40 ACRES

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
OilDisposition106,796 bbl$3,915,315
Casinghead gasProduction830,183 Mcf$2,815,667
Total$6,730,982

202,262 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 31.8772, -102.8144. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.87687, -102.81489 · 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
66.7%
2 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
10,670 ft
3 wells filed one
Completion to plug
24.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
266.7%
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.
133.3%

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 9,320 and 10,680 ft, median 10,670 ft, over the 3 wells that filed a depth.

Completions filed
Jan 1980 – May 2017
3 of 3 wells
Plug dates filed
Jan 2004
1 of 3 wells; 2 filed none

Last completion to plug: a median of 24.0 years across the 1 well that filed both dates, with the middle half between 24.0 years and 24.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-4950573949,320 ftMay 2017Yes
42-49501245210,670 ftDec 1980
42-49505738110,680 ftJan 1980Jan 2004Yes

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 202600106.413.05$0
Apr 202686098.932.87$8,508
Mar 2026169089.753.15$15,168
Feb 20260063.503.75$0
Jan 2026168059.138.00$9,934
Dec 20250056.664.41$0
Nov 2025153058.593.93$8,964
Oct 2025170059.383.30$10,095
Sep 2025158062.743.08$9,913
Aug 20250063.933.01$0
Jul 2025169066.743.32$11,279
Jun 2025168066.483.13$11,169
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025136067.704.27$9,207
Feb 2025170070.884.34$12,050
Jan 2025140074.324.28$10,405
Dec 2024165068.993.12$11,383
Nov 2024314069.052.20$21,682
Oct 2024171071.372.28$12,204
Sep 2024342069.612.36$23,807
Aug 2024171075.632.06$12,933
Jul 2024175079.932.15$13,988
Jun 2024343078.082.63$26,781
May 2024167078.812.20$13,161
Apr 2024171084.451.66$14,441
Mar 2024338080.301.55$27,141
Feb 20240076.091.78$0
Jan 2024170073.023.30$12,413
Dec 2023169071.262.61$12,043
Nov 20230077.892.81$0
Oct 2023172085.443.09$14,696
Sep 2023160089.042.74$14,246
Aug 2023176080.522.67$14,172
Jul 2023174074.852.64$13,024
Jun 20230068.962.26$0
May 2023170070.622.23$12,005
Apr 2023341078.122.24$26,639
Mar 20230072.852.39$0
Feb 2023344075.112.47$25,838
Jan 20230076.533.39$0
Dec 2022175076.415.73$13,372
Nov 2022169085.005.65$14,365
Oct 2022165087.185.86$14,385
Sep 2022170084.888.16$14,430
Aug 20220094.529.13$0
Jul 20221690101.587.54$17,167
Jun 202200115.097.98$0
May 20224750109.378.43$51,951
Apr 202200104.226.84$0
Mar 20221690108.885.08$18,401
Feb 2022335091.054.86$30,502
Jan 2022198081.844.54$16,204
Dec 2021178071.323.90$12,695
Nov 2021178077.435.24$13,783
Oct 2021181079.795.71$14,442
Sep 2021303069.865.35$21,168
Aug 2021163066.024.22$10,761
Jul 2021192070.783.98$13,590
Jun 2021177069.493.38$12,300
May 2021184063.483.02$11,680
Apr 2021174060.362.76$10,503
Mar 20210061.302.72$0
Feb 2021187057.805.55$10,809
Jan 2021202050.412.81$10,183
Dec 20200044.642.68$0
Nov 2020175038.772.71$6,785
Oct 2020176036.972.48$6,507
Sep 20200037.091.99$0
Aug 2020165039.982.39$6,597
Jul 2020155038.371.83$5,947
Jun 20200034.901.69$0
May 2020164016.921.81$2,775
Apr 20201931214.751.80$2,868
Mar 2020192030.341.86$5,825
Feb 202029839049.881.98$15,637
Jan 202019862357.252.09$12,641
Dec 2019069859.012.30$1,608
Nov 201931161855.302.75$18,898
Oct 2019036853.472.42$890
Sep 201918234555.052.66$10,936
Aug 201936862153.112.30$20,975
Jul 201915871356.272.46$10,645
Jun 201945763552.782.49$25,702
May 201916248358.482.74$10,797
Apr 201916196962.632.75$12,749
Mar 201938754856.803.06$23,660
Feb 20191701,55650.852.79$12,989
Jan 201937089146.033.23$19,907
Dec 201817775446.594.19$11,402
Nov 201837358052.934.24$22,200
Oct 20181861,58761.443.40$16,821
Sep 201801,14159.543.11$3,546
Aug 20181741,16059.403.07$13,893
Jul 20181932,00265.142.93$18,442
Jun 2018084160.183.08$2,588
May 20181741,27265.382.90$15,066
Apr 201801,56963.842.90$4,551
Mar 201801,29261.222.79$3,601
Feb 20180461.782.77$11
Jan 20181612,00262.874.01$18,149
Dec 20171652,64357.272.92$17,171
Nov 201702,04055.423.12$6,361
Oct 20171861,33649.292.98$13,154
Sep 201701,19047.523.09$3,674
Aug 2017044045.373.00$1,322
Jul 20171681,51743.873.09$12,054
Jun 20171361,94342.493.09$11,777
May 20171251,72645.373.26$11,304
Apr 201713397247.933.21$9,496
Mar 201712982346.772.98$8,489
Feb 2017086250.452.95$2,545
Jan 201711695149.413.42$8,983
Dec 201611297648.763.72$9,095
Nov 201611394142.492.64$7,290
Oct 201612899946.193.09$8,999
Sep 201611792141.553.10$7,717
Aug 20161031,13341.442.92$7,582
Jul 20161131,24141.622.92$8,332
Jun 2016961,35245.352.69$7,985
May 2016082442.521.99$1,641
Apr 20169596436.561.99$5,393
Mar 20161021,14433.011.79$5,419
Feb 20169285926.472.06$4,208
Jan 20161821,04127.352.36$7,439
Dec 2015911,06132.362.00$5,068
Nov 2015931,04538.792.17$5,872
Oct 2015971,26743.552.43$7,299
Sep 2015851,16942.992.76$6,879
Aug 20151661,24840.162.87$10,251
Jul 2015891,20548.152.95$7,834
Jun 2015991,14056.152.88$8,845
May 2015871,27455.212.96$8,569
Apr 2015771,75849.822.71$8,594
Mar 2015941,70842.892.93$9,044
Feb 20151911,24844.662.98$12,244
Jan 201501,69443.433.10$5,252
Dec 2014991,67554.693.59$11,430
Nov 20142001,87170.464.25$22,047
Oct 201402,08878.303.90$8,145
Sep 201423319186.164.05$20,848
Aug 2014121089.394.04$10,816
Jul 20141102,00496.564.18$18,998
Jun 2014801,91498.164.74$16,919
May 20142162,02094.734.73$30,009
Apr 20141082,09195.944.81$20,417
Mar 20141082,21195.895.06$21,537
Feb 201401,90197.406.19$11,771
Jan 20149163990.404.86$11,332
Dec 20131871,82891.824.35$25,130
Nov 2013982,13788.853.74$16,696
Oct 20131092,38797.423.78$19,640
Sep 201302,043104.113.72$7,595
Aug 20132362,145104.253.52$32,159
Jul 2013932,179102.523.72$17,635
Jun 20131732,35994.403.93$25,610
May 2013972,45594.834.15$19,385
Apr 20131012,45093.964.28$19,982
Mar 20132072,23093.623.91$28,105
Feb 20131021,99591.233.42$16,128
Jan 20132212,51691.603.42$28,848
Dec 2012992,79086.773.42$18,132
Nov 20121952,71986.953.62$26,812
Oct 20122142,94389.383.40$29,133
Sep 2012992,66694.672.92$17,153
Aug 20121022,73292.662.91$17,396
Jul 2012752,97285.133.02$15,363
Jun 2012135279.822.52$967
May 2012901,53791.612.49$12,069
Apr 20122052,421101.652.00$25,673
Mar 20122152,497105.052.22$28,134
Feb 2012922,357101.102.57$15,359
Jan 20121972,30198.092.73$25,615
Dec 20111012,26796.873.24$17,128
Nov 20111122,35595.723.31$18,519
Oct 20111932,62484.983.65$25,975
Sep 20111841,75683.623.99$22,385
Aug 2011802,56183.404.15$17,298
Jul 20111822,69994.144.52$29,326
Jun 20111012,30092.904.64$20,055
May 20111862,35798.134.40$28,634
Apr 20111022,280105.964.33$20,688
Mar 2011982,43296.364.06$19,311
Feb 2011942,13985.644.18$16,991
Jan 20111912,50586.504.59$28,016
Dec 2010902,37785.734.35$18,050
Nov 20101822,18180.843.80$22,990
Oct 20101802,39178.103.51$22,448
Sep 2010922,63072.633.98$17,148
Aug 2010902,61173.684.42$18,170
Jul 20101732,71472.554.74$25,406
Jun 2010872,62170.364.91$18,991
May 20101812,71571.124.24$24,371
Apr 20101632,61481.694.12$24,092
Mar 2010842,69778.394.39$18,421
Feb 2010802,44673.585.44$19,198
Jan 20101072,51174.365.96$22,932
Dec 20091672,46871.445.48$25,464
Nov 2009872,80074.593.75$16,994
Oct 2009872,90472.544.11$18,247
Sep 20091752,84265.543.06$20,180
Aug 2009852,77867.423.22$14,672
Jul 20091722,84461.133.46$20,367
Jun 2009832,92566.163.90$16,884
May 20091732,92154.743.93$20,937
Apr 2009832,97446.773.59$14,551
Mar 20091582,12042.144.06$15,263
Feb 2009872,50432.814.63$14,456
Jan 20091632,15735.865.37$17,430
Dec 20081823,22737.105.98$26,040
Nov 20082442,70955.496.86$32,124
Oct 20081522,67175.246.92$29,925
Sep 20081282,252101.767.88$30,764
Aug 20081482,403114.228.48$37,289
Jul 2008156975131.0811.39$31,553
Jun 20081602,469131.3313.03$53,190
May 20081682,682123.1711.57$51,735
Apr 20081622,668110.3110.45$45,764
Mar 20081612,696101.909.66$42,460
Feb 20081652,63392.538.77$38,360
Jan 20081621,71490.388.21$28,706
Dec 2007161088.337.30$14,221
Nov 20071102,56191.677.29$28,758
Oct 20072093,04282.856.92$38,372
Sep 20073422,83575.846.24$43,639
Aug 20071542,33269.066.39$25,532
Jul 20071731,69770.906.39$23,106
Jun 20071502,51962.007.55$28,315
May 200702,42058.747.85$18,988
Apr 20071581,95259.617.81$24,654
Mar 20071692,32356.927.30$26,582
Feb 20071682,26055.108.22$27,825
Jan 20071822,61750.306.73$26,759
Dec 20061592,66156.656.92$27,417
Nov 20061611,60154.207.62$20,922
Oct 20061612,61354.906.01$24,553
Sep 20061612,52260.085.04$22,377
Aug 20061702,56868.717.34$30,530
Jul 20061772,54469.376.34$28,414
Jun 20061731,60866.286.38$21,732
May 20061711,29366.016.42$19,595
Apr 20061662,60964.397.36$29,892
Mar 20061642,71356.707.08$28,515
Feb 20061602,40157.597.75$27,825
Jan 20061471,61360.598.93$23,316
Dec 20051722,54054.9413.42$43,525
Nov 20052122,50054.6910.59$38,065
Oct 20051592,52058.3413.80$44,041
Sep 20051732,47461.4512.08$40,514
Aug 20051732,62561.519.80$36,358
Jul 20051662,51955.697.84$29,003
Jun 20051812,52552.337.38$28,109
May 20051752,71545.226.65$25,971
Apr 20051612,61449.207.36$27,161
Mar 20051972,51950.377.15$27,946
Feb 20053282,36945.226.31$29,785
Jan 200502,66743.166.32$16,861
Dec 20042852,66539.866.75$29,352
Nov 20041652,84545.286.33$25,481
Oct 20041762,81349.706.52$27,074
Sep 20041812,70243.245.28$22,104
Aug 20041802,79342.375.55$23,130
Jul 20043232,81038.286.08$29,461
Jun 20041772,88936.106.43$24,975
May 20041772,99837.486.49$26,105
Apr 20043532,79634.475.86$28,548
Mar 20041732,84734.365.53$21,689
Feb 20041832,66332.455.51$20,610
Jan 20041662,98032.036.30$24,090
Dec 20033463,02430.266.30$29,526
Nov 20031862,89428.804.60$18,655
Oct 20031773,01028.174.76$19,313
Sep 20031832,89826.314.75$18,578
Aug 20031772,83129.765.13$19,790
Jul 20031692,32129.415.17$16,972
Jun 20031481,44028.565.98$12,842
May 20031802,74526.595.97$21,181
Apr 20031772,41426.675.41$17,774
Mar 20033512,44931.146.10$25,859
Feb 20031812,20833.487.93$23,560
Jan 20031722,57330.315.58$19,576
Dec 20021652,66926.914.85$17,395
Nov 20021802,50424.664.14$14,798
Oct 20021772,71926.464.23$16,182
Sep 20021782,48527.443.64$13,918
Aug 20021791,98225.963.16$10,918
Jul 20021692,54124.583.06$11,934
Jun 20021732,50323.733.34$12,461
May 20023182,66624.663.58$17,397
Apr 20021782,65823.653.51$13,545
Mar 20021822,49022.003.10$11,730
Feb 20023582,29118.222.38$11,965
Jan 20021812,59617.172.38$9,275
Dec 20013472,59816.932.36$12,017
Nov 200102,40718.072.41$5,790
Oct 20011702,75419.782.53$10,327
Sep 20011371,76724.262.25$7,302
Aug 20011622,42224.873.05$11,424
Jul 20011802,39023.933.20$11,948
Jun 20013572,38424.563.82$17,885
May 20011772,42725.524.31$14,971
Apr 20011722,08524.685.34$15,369
Mar 20011872,38524.545.38$17,412
Feb 20015342,66427.755.77$30,182
Jan 20015382,98027.478.40$39,807
Dec 20005373,04226.889.12$42,185
Nov 20008833,10232.215.66$45,993
Oct 20001823,31531.235.15$22,741
Sep 20005323,24931.875.19$33,806
Aug 20005303,51829.644.54$31,684
Jul 20005493,70528.534.09$30,815
Jun 20003432,73629.304.40$22,081
May 20005262,48027.263.68$23,465
Apr 20005292,80324.513.12$21,700
Mar 20005182,79528.422.86$22,715
Feb 20005232,40027.622.73$20,989
Jan 20005322,79125.272.48$20,367
Dec 19991722,50924.282.42$10,257
Nov 19993641,60923.192.43$12,357
Oct 19995423,02720.982.80$19,858
Sep 19995402,87021.752.62$19,261
Aug 19995202,87719.262.88$18,288
Jul 19995222,88817.892.37$16,190
Jun 19995262,67315.942.36$14,698
May 19995232,67315.792.32$14,462
Apr 19995422,59515.102.21$13,914
Mar 19995262,50312.471.84$11,161
Feb 19995472,2189.981.82$9,491
Jan 19995412,33610.381.90$10,054
Dec 19985392,1429.201.77$8,757
Nov 19983661,82610.892.19$7,977
Oct 19985371,40712.421.97$9,440
Sep 19983483,81912.592.08$12,335
Aug 19987124,09811.301.91$15,862
Jul 19985304,03511.742.24$15,250
Jun 19985233,93111.242.24$14,673
May 19985153,87512.622.21$15,049
Apr 19987273,83113.042.51$19,078
Mar 19985374,30812.802.31$16,823
Feb 19987043,95213.952.30$18,907
Jan 19985133,39114.702.15$14,848
Dec 19975374,11216.322.41$18,678
Nov 19977114,11818.193.09$25,651
Oct 19975454,05819.253.15$23,273
Sep 19975434,23017.742.95$22,132
Aug 19976994,44017.862.55$23,827
Jul 19975394,31817.582.25$19,178
Jun 19977053,85717.242.26$20,860
May 19977104,52818.972.31$23,922
Apr 19977184,00417.882.08$21,177
Mar 19977134,42118.951.94$22,084
Feb 19973543,83020.492.21$15,702
Jan 19975314,74623.483.54$29,267
Dec 19963503,40223.32$8,162
Nov 19965344,45621.97$11,732
Oct 19967064,77823.31$16,457
Sep 19965344,78922.22$11,865
Aug 19967134,83520.26$14,445
Jul 19967164,03319.55$13,998
Jun 19967104,28118.73$13,298
May 19968844,95219.43$17,176
Apr 19961,0595,49921.51$22,779
Mar 19961,0584,44619.38$20,504
Feb 19965393,70416.98$9,152
Jan 19967013,86717.07$11,966
Dec 19956464,08517.19$11,105
Nov 19955254,07716.00$8,400
Oct 19957843,89515.43$12,097
Sep 19955313,92516.18$8,592
Aug 19955304,33715.92$8,438
Jul 19957954,12315.24$12,116
Jun 19955303,45916.41$8,697
May 19957964,26017.56$13,978
Apr 19958054,15017.73$14,273
Mar 19955394,29016.44$8,861
Feb 19955074,94716.58$8,406
Jan 19955323,98715.92$8,469
Dec 19945223,44815.03$7,846
Nov 19945273,40815.90$8,379
Oct 19945304,37915.58$8,257
Sep 19941,0394,41815.29$15,886
Aug 19945224,38516.13$8,420
Jul 19947884,60217.56$13,837
Jun 19947944,69017.09$13,569
May 19945354,15215.88$8,496
Apr 19941,0613,75514.14$15,003
Mar 19948064,07812.46$10,043
Feb 19947523,65512.50$9,400
Jan 19942934,06312.66$3,709
Dec 19938334,36712.33$10,271
Nov 19931,0424,14514.49$15,099
Oct 19938084,68015.85$12,807
Sep 19937905,35715.03$11,874
Aug 19937886,33215.66$12,340
Jul 19932612,82715.46$4,035
Jun 19937993,34416.79$13,415
May 19931,0504,44417.68$18,564
Apr 19931,0744,08918.05$19,386
Mar 19931,0264,15518.14$18,612
Feb 19935213,57117.90$9,326
Jan 19935393,34116.93$9,125

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                   86 bbl  × $ 98.93 =     $8,508
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $8,508

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/8023 is the state's own key, not one this site invented.