WAGGONER, MARIE

Operated by REPUBLIC ENERGY INC. (P-5 702645) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148152District 09Field 105745202 tax incentive programmesCondensateGasSaveExport
Value, all time
$462 k
Feb 1994 – Jan 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
156
no gaps in the span
Streams
2
condensate, 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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
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 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111996-02-13132941
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition754 bbl$16,268
GasProduction334,084 Mcf$445,544
Total$461,812

191,968 Mcf of this lease's gas, across 35 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 (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 33.2190, -97.5013. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.21901, -97.50134 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,800 ft
1 wells filed one
Completion to plug
12.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 6,800 ft.

Completions filed
Feb 1994
1 of 1 wells
Plug dates filed
Jan 2007
1 of 1 wells

Last completion to plug: a median of 12.9 years across the 1 well that filed both dates, with the middle half between 12.9 years and 12.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973387416,800 ftFeb 1994Jan 2007Yes

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 (156)

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

156 months

Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 200572058.3413.80$4,200
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003042628.804.60$1,958
Oct 200301,07528.174.76$5,117
Sep 2003070426.314.75$3,344
Aug 2003048929.765.13$2,508
Jul 2003026329.415.17$1,360
Jun 2003080428.565.98$4,810
May 200301,22926.595.97$7,340
Apr 2003097726.675.41$5,283
Mar 200301,22831.146.10$7,486
Feb 200301,08433.487.93$8,592
Jan 200301,29030.315.58$7,201
Dec 200201,32626.914.85$6,436
Nov 200201,40624.664.14$5,817
Oct 200201,50726.464.23$6,373
Sep 200201,61327.443.64$5,864
Aug 200201,17125.963.16$3,705
Jul 2002050324.583.06$1,540
Jun 2002036723.733.34$1,225
May 2002096224.663.58$3,448
Apr 200201,10323.653.51$3,874
Mar 200201,89622.003.10$5,883
Feb 20020018.222.38$0
Jan 2002087517.172.38$2,079
Dec 200101,52716.932.36$3,610
Nov 2001085018.072.41$2,045
Oct 200101,32819.782.53$3,358
Sep 200101,06024.262.25$2,386
Aug 200101,51224.873.05$4,616
Jul 200101,53223.933.20$4,898
Jun 20010024.563.82$0
May 2001018225.524.31$784
Apr 2001076724.685.34$4,092
Mar 2001049224.545.38$2,645
Feb 200101,60127.755.77$9,233
Jan 200101,69227.478.40$14,211
Dec 200001,47726.889.12$13,474
Nov 200001,79432.215.66$10,150
Oct 200001,08031.235.15$5,557
Sep 200001,31431.875.19$6,815
Aug 200001,73829.644.54$7,892
Jul 200001,40228.534.09$5,734
Jun 200001,67229.304.40$7,352
May 200002,25827.263.68$8,309
Apr 200001,29324.513.12$4,029
Mar 200061,89728.422.86$5,595
Feb 200001,79627.622.73$4,897
Jan 200001,63225.272.48$4,048
Dec 199901,73024.282.42$4,193
Nov 199901,84823.192.43$4,498
Oct 199902,10720.982.80$5,907
Sep 199901,99021.752.62$5,212
Aug 199901,83919.262.88$5,288
Jul 199901,94517.892.37$4,614
Jun 199902,10315.942.36$4,968
May 1999152,13215.792.32$5,185
Apr 1999641,93015.102.21$5,228
Mar 199902,17112.471.84$3,991
Feb 199902,0179.981.82$3,666
Jan 199942,02610.381.90$3,891
Dec 199801,9999.201.77$3,545
Nov 199802,17810.892.19$4,761
Oct 199802,36912.421.97$4,665
Sep 199802,39312.592.08$4,984
Aug 199802,53811.301.91$4,841
Jul 199802,50511.742.24$5,604
Jun 199801,99711.242.24$4,468
May 199802,25312.622.21$4,971
Apr 199842,20313.042.51$5,571
Mar 199802,70412.802.31$6,245
Feb 199802,54113.952.30$5,842
Jan 199803,05714.702.15$6,587
Dec 199702,98616.322.41$7,200
Nov 199702,77318.193.09$8,564
Oct 199703,16719.253.15$9,975
Sep 199703,37017.742.95$9,958
Aug 199703,38817.862.55$8,655
Jul 1997792,36817.582.25$6,710
Jun 199702,57517.242.26$5,812
May 199702,98718.972.31$6,895
Apr 199702,86517.882.08$5,967
Mar 199703,43318.951.94$6,657
Feb 199702,19720.492.21$4,846
Jan 199703,23823.483.54$11,462
Dec 199602,32023.32$0
Nov 19961313,56821.97$2,878
Oct 199603,78623.31$0
Sep 199603,24122.22$0
Aug 199602,81020.26$0
Jul 199603,75619.55$0
Jun 199602,65818.73$0
May 199604,43719.43$0
Apr 199603,80221.51$0
Mar 199604,36219.38$0
Feb 199603,60116.98$0
Jan 199624,22517.07$34
Dec 199504,74417.19$0
Nov 199505,32116.00$0
Oct 199504,80415.43$0
Sep 199505,85816.18$0
Aug 1995215,35115.92$334
Jul 199506,48915.24$0
Jun 199506,90616.41$0
May 199508,59017.56$0
Apr 199505,79317.73$0
Mar 19951796,62616.44$2,943
Feb 199505,43216.58$0
Jan 199517,09415.92$16
Dec 199415,73115.03$15
Nov 199404,51615.90$0
Oct 199405,45415.58$0
Sep 199406,30415.29$0
Aug 199406,38716.13$0
Jul 199407,80117.56$0
Jun 19941757,73017.09$2,991
May 1994010,06015.88$0
Apr 1994010,13214.14$0
Mar 1994010,30612.46$0
Feb 199401,97312.50$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.

Oct 2005 — as filed, then multipliedworked
Condensate            72 bbl  × $ 58.34 =     $4,200
Gas                    0 Mcf  × $ 13.80 =         $0

────────────────────────────────────────────────────
Month total                                   $4,200

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. 09/G/148152 is the state's own key, not one this site invented.