WAGGONER M. L.

Name: WAGGONER M. L. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) 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 43605District 09Field 10574520NGPA filingCondensateGasSave Export

Value, all time

$343 k

Jan 1993 – Jul 2007

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

175

no gaps in the span

Streams

condensate, gas

The BOONSVILLE (BEND CONGL., GAS) field

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	3 bbl	$145
Gas	Production	173,492 Mcf	$343,282
Total			$343,427

70,888 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 (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 33.2254, -97.4609. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.22541, -97.46086 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

6,550 ft

1 wells filed one

Completion to plug

39.5 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 6,550 ft.

Completions filed

Jan 1968

1 of 1 wells

Plug dates filed

Jul 2007

1 of 1 wells

Last completion to plug: a median of 39.5 years across the 1 well that filed both dates, with the middle half between 39.5 years and 39.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49700338	17	6,550 ft	Jan 1968	Jul 2007	Yes

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 (175)

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

175 months


Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	130	60.08	5.04	$655
Aug 2006	0	327	68.71	7.34	$2,400
Jul 2006	0	305	69.37	6.34	$1,935
Jun 2006	0	293	66.28	6.38	$1,870
May 2006	0	288	66.01	6.42	$1,850
Apr 2006	0	295	64.39	7.36	$2,171
Mar 2006	0	281	56.70	7.08	$1,990
Feb 2006	0	244	57.59	7.75	$1,891
Jan 2006	0	304	60.59	8.93	$2,716
Dec 2005	0	410	54.94	13.42	$5,500
Nov 2005	0	310	54.69	10.59	$3,282
Oct 2005	0	259	58.34	13.80	$3,573
Sep 2005	0	341	61.45	12.08	$4,119
Aug 2005	0	345	61.51	9.80	$3,380
Jul 2005	0	395	55.69	7.84	$3,098
Jun 2005	0	370	52.33	7.38	$2,731
May 2005	0	320	45.22	6.65	$2,128
Apr 2005	1	384	49.20	7.36	$2,876
Mar 2005	1	388	50.37	7.15	$2,826
Feb 2005	1	321	45.22	6.31	$2,071
Jan 2005	0	331	43.16	6.32	$2,093
Dec 2004	0	290	39.86	6.75	$1,958
Nov 2004	0	274	45.28	6.33	$1,735
Oct 2004	0	256	49.70	6.52	$1,668
Sep 2004	0	345	43.24	5.28	$1,823
Aug 2004	0	312	42.37	5.55	$1,732
Jul 2004	0	386	38.28	6.08	$2,348
Jun 2004	0	443	36.10	6.43	$2,850
May 2004	0	384	37.48	6.49	$2,494
Apr 2004	0	426	34.47	5.86	$2,496
Mar 2004	0	438	34.36	5.53	$2,422
Feb 2004	0	323	32.45	5.51	$1,780
Jan 2004	0	390	32.03	6.30	$2,457
Dec 2003	0	312	30.26	6.30	$1,966
Nov 2003	0	307	28.80	4.60	$1,411
Oct 2003	0	400	28.17	4.76	$1,904
Sep 2003	0	318	26.31	4.75	$1,510
Aug 2003	0	428	29.76	5.13	$2,196
Jul 2003	0	458	29.41	5.17	$2,368
Jun 2003	0	574	28.56	5.98	$3,434
May 2003	0	550	26.59	5.97	$3,285
Apr 2003	0	600	26.67	5.41	$3,244
Mar 2003	0	1,128	31.14	6.10	$6,876
Feb 2003	0	659	33.48	7.93	$5,223
Jan 2003	0	122	30.31	5.58	$681
Dec 2002	0	304	26.91	4.85	$1,476
Nov 2002	0	324	24.66	4.14	$1,340
Oct 2002	0	477	26.46	4.23	$2,017
Sep 2002	0	553	27.44	3.64	$2,010
Aug 2002	0	455	25.96	3.16	$1,440
Jul 2002	0	852	24.58	3.06	$2,609
Jun 2002	0	498	23.73	3.34	$1,662
May 2002	0	477	24.66	3.58	$1,710
Apr 2002	0	406	23.65	3.51	$1,426
Mar 2002	0	498	22.00	3.10	$1,545
Feb 2002	0	618	18.22	2.38	$1,468
Jan 2002	0	471	17.17	2.38	$1,119
Dec 2001	0	490	16.93	2.36	$1,159
Nov 2001	0	467	18.07	2.41	$1,123
Oct 2001	0	243	19.78	2.53	$615
Sep 2001	0	234	24.26	2.25	$527
Aug 2001	0	325	24.87	3.05	$992
Jul 2001	0	386	23.93	3.20	$1,234
Jun 2001	0	456	24.56	3.82	$1,744
May 2001	0	409	25.52	4.31	$1,762
Apr 2001	0	448	24.68	5.34	$2,390
Mar 2001	0	525	24.54	5.38	$2,823
Feb 2001	0	440	27.75	5.77	$2,538
Jan 2001	0	407	27.47	8.40	$3,418
Dec 2000	0	470	26.88	9.12	$4,288
Nov 2000	0	482	32.21	5.66	$2,727
Oct 2000	0	524	31.23	5.15	$2,696
Sep 2000	0	475	31.87	5.19	$2,464
Aug 2000	0	493	29.64	4.54	$2,239
Jul 2000	0	556	28.53	4.09	$2,274
Jun 2000	0	501	29.30	4.40	$2,203
May 2000	0	579	27.26	3.68	$2,131
Apr 2000	0	561	24.51	3.12	$1,748
Mar 2000	0	596	28.42	2.86	$1,704
Feb 2000	0	839	27.62	2.73	$2,288
Jan 2000	0	889	25.27	2.48	$2,205
Dec 1999	0	1,097	24.28	2.42	$2,659
Nov 1999	0	970	23.19	2.43	$2,361
Oct 1999	0	1,043	20.98	2.80	$2,924
Sep 1999	0	1,208	21.75	2.62	$3,164
Aug 1999	0	450	19.26	2.88	$1,294
Jul 1999	0	991	17.89	2.37	$2,351
Jun 1999	0	1,371	15.94	2.36	$3,238
May 1999	0	1,413	15.79	2.32	$3,280
Apr 1999	0	1,724	15.10	2.21	$3,807
Mar 1999	0	1,955	12.47	1.84	$3,594
Feb 1999	0	1,792	9.98	1.82	$3,257
Jan 1999	0	1,880	10.38	1.90	$3,572
Dec 1998	0	1,862	9.20	1.77	$3,302
Nov 1998	0	2,000	10.89	2.19	$4,371
Oct 1998	0	2,221	12.42	1.97	$4,374
Sep 1998	0	2,085	12.59	2.08	$4,342
Aug 1998	0	2,230	11.30	1.91	$4,253
Jul 1998	0	2,081	11.74	2.24	$4,656
Jun 1998	0	1,889	11.24	2.24	$4,226
May 1998	0	2,244	12.62	2.21	$4,951
Apr 1998	0	2,314	13.04	2.51	$5,797
Mar 1998	0	2,168	12.80	2.31	$5,007
Feb 1998	0	1,985	13.95	2.30	$4,564
Jan 1998	0	2,484	14.70	2.15	$5,353
Dec 1997	0	2,590	16.32	2.41	$6,245
Nov 1997	0	2,746	18.19	3.09	$8,480
Oct 1997	0	2,799	19.25	3.15	$8,816
Sep 1997	0	3,431	17.74	2.95	$10,138
Aug 1997	0	4,153	17.86	2.55	$10,610
Jul 1997	0	1,107	17.58	2.25	$2,487
Jun 1997	0	1,744	17.24	2.26	$3,937
May 1997	0	3,728	18.97	2.31	$8,606
Apr 1997	0	1,918	17.88	2.08	$3,995
Mar 1997	0	1,837	18.95	1.94	$3,562
Feb 1997	0	305	20.49	2.21	$673
Jan 1997	0	297	23.48	3.54	$1,051
Dec 1996	0	287	23.32	—	$0
Nov 1996	0	202	21.97	—	$0
Oct 1996	0	451	23.31	—	$0
Sep 1996	0	770	22.22	—	$0
Aug 1996	0	363	20.26	—	$0
Jul 1996	0	569	19.55	—	$0
Jun 1996	0	659	18.73	—	$0
May 1996	0	711	19.43	—	$0
Apr 1996	0	373	21.51	—	$0
Mar 1996	0	574	19.38	—	$0
Feb 1996	0	709	16.98	—	$0
Jan 1996	0	858	17.07	—	$0
Dec 1995	0	752	17.19	—	$0
Nov 1995	0	721	16.00	—	$0
Oct 1995	0	313	15.43	—	$0
Sep 1995	0	1,253	16.18	—	$0
Aug 1995	0	1,127	15.92	—	$0
Jul 1995	0	1,028	15.24	—	$0
Jun 1995	0	1,367	16.41	—	$0
May 1995	0	1,613	17.56	—	$0
Apr 1995	0	1,488	17.73	—	$0
Mar 1995	0	1,447	16.44	—	$0
Feb 1995	0	1,196	16.58	—	$0
Jan 1995	0	916	15.92	—	$0
Dec 1994	0	382	15.03	—	$0
Nov 1994	0	1,474	15.90	—	$0
Oct 1994	0	425	15.58	—	$0
Sep 1994	0	717	15.29	—	$0
Aug 1994	0	1,948	16.13	—	$0
Jul 1994	0	1,404	17.56	—	$0
Jun 1994	0	1,722	17.09	—	$0
May 1994	0	2,364	15.88	—	$0
Apr 1994	0	2,128	14.14	—	$0
Mar 1994	0	2,776	12.46	—	$0
Feb 1994	0	2,275	12.50	—	$0
Jan 1994	0	2,747	12.66	—	$0
Dec 1993	0	3,591	12.33	—	$0
Nov 1993	0	2,885	14.49	—	$0
Oct 1993	0	2,697	15.85	—	$0
Sep 1993	0	3,182	15.03	—	$0
Aug 1993	0	1,409	15.66	—	$0
Jul 1993	0	2,824	15.46	—	$0
Jun 1993	0	1,981	16.79	—	$0
May 1993	0	2,612	17.68	—	$0
Apr 1993	0	2,017	18.05	—	$0
Mar 1993	0	2,290	18.14	—	$0
Feb 1993	0	2,643	17.90	—	$0
Jan 1993	0	2,648	16.93	—	$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.

Sep 2006 — as filed, then multipliedworked

Condensate             0 bbl  × $ 60.08 =         $0
Gas                  130 Mcf  × $  5.04 =       $655

────────────────────────────────────────────────────
Month total                                     $655

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/43605 is the state's own key, not one this site invented.