WAGGONER -BZ-

Operated by JOHNSON & ERNST OPERATING CO. (P-5 436155) in the WILBARGER COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10429District 09Field 97331001OilCasinghead gasSaveExport
Value, all time
$441 k
Jan 1993 – Dec 2011
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
228
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 583 leases and 3,789 wells, and the rule below applies to all of them.

Discovered
1915-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: THAN 5000FT BR ASSIGNED TO THIS FIELD

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
OilDisposition17,511 bbl$441,456
Casinghead gasProduction21 Mcf$0
Total$441,456

21 Mcf of this lease's gas, across 21 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 (14)

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 34.0135, -99.0708. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

34.01430, -99.06957 · 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%
14 of 14 wells
With a plug date
85.7%
12 of 14 wells
Median depth
2,015 ft
12 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
14100.0%
A plug date is filed
1285.7%
BothOn the schedule and plugged. Neither fact cancels the other.
1285.7%
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

Total depth in feet, 12 of 14 wells. Median 2,015 ft, with the middle half between 1,960 and 2,603 ft; the shallowest is 1,075 ft and the deepest 2,625 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

Plug dates filed
Apr 1982 – Aug 2010
12 of 14 wells; 2 filed none

14 wells

42-4870614641,985 ftAug 2010Yes
42-48720002152,601 ftAug 2010Yes
42-48720280102,572 ftAug 2010Yes
42-48720284132,625 ftAug 2010Yes
42-48720290112,615 ftAug 2010Yes
42-4878160711,075 ftJan 1989Yes
42-4878160821,949 ftApr 1982Yes
42-487816093Yes
42-4878161152,000 ftJan 1989Yes
42-4878161271,947 ftJan 1989Yes
42-487816138Yes
42-4878161491,964 ftAug 2010Yes
42-48781618142,030 ftApr 1982Yes
42-48781620162,609 ftAug 2010Yes

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 (228)

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

228 months

Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 201179084.983.65$6,713
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 20081550131.0811.39$20,317
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008161090.388.21$14,551
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 2007160069.066.39$11,050
Jul 20070070.906.39$0
Jun 2007156062.007.55$9,672
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 2007156056.927.30$8,880
Feb 20070055.108.22$0
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 2006161057.597.75$9,272
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005172061.519.80$10,580
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005160049.207.36$7,872
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 2004173045.286.33$7,833
Oct 20040049.706.52$0
Sep 2004170043.245.28$7,351
Aug 2004168042.375.55$7,118
Jul 20040038.286.08$0
Jun 2004168036.106.43$6,065
May 20040037.486.49$0
Apr 2004167034.475.86$5,756
Mar 2004169034.365.53$5,807
Feb 20040032.455.51$0
Jan 2004171032.036.30$5,477
Dec 20030030.266.30$0
Nov 2003163028.804.60$4,694
Oct 2003162028.174.76$4,564
Sep 20030026.314.75$0
Aug 2003167029.765.13$4,970
Jul 2003177029.415.17$5,206
Jun 20030028.565.98$0
May 2003166026.595.97$4,414
Apr 20030026.675.41$0
Mar 2003176031.146.10$5,481
Feb 20030033.487.93$0
Jan 2003152030.315.58$4,607
Dec 2002173026.914.85$4,655
Nov 2002174024.664.14$4,291
Oct 20020026.464.23$0
Sep 2002164027.443.64$4,500
Aug 20020025.963.16$0
Jul 2002172024.583.06$4,228
Jun 20020023.733.34$0
May 2002167024.663.58$4,118
Apr 20020023.653.51$0
Mar 2002148022.003.10$3,256
Feb 2002177018.222.38$3,225
Jan 20020017.172.38$0
Dec 2001123016.932.36$2,082
Nov 2001129018.072.41$2,331
Oct 2001173019.782.53$3,422
Sep 20010024.262.25$0
Aug 2001122024.873.05$3,034
Jul 2001170023.933.20$4,068
Jun 20010024.563.82$0
May 2001171025.524.31$4,364
Apr 2001154024.685.34$3,801
Mar 2001190024.545.38$4,663
Feb 2001127027.755.77$3,524
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000181032.215.66$5,830
Oct 20000031.235.15$0
Sep 2000127031.875.19$4,047
Aug 2000171029.644.54$5,068
Jul 2000183028.534.09$5,221
Jun 20000029.304.40$0
May 2000196027.263.68$5,343
Apr 20000024.513.12$0
Mar 2000191028.422.86$5,428
Feb 2000179027.622.73$4,944
Jan 20000025.272.48$0
Dec 1999183024.282.42$4,443
Nov 1999127023.192.43$2,945
Oct 19990020.982.80$0
Sep 1999163021.752.62$3,545
Aug 19990019.262.88$0
Jul 1999168017.892.37$3,006
Jun 1999175015.942.36$2,790
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 199952010.381.90$540
Dec 1998009.201.77$0
Nov 1998242010.892.19$2,635
Oct 19980012.421.97$0
Sep 1998131012.592.08$1,649
Aug 1998106011.301.91$1,198
Jul 1998110011.742.24$1,291
Jun 1998120011.242.24$1,349
May 1998118012.622.21$1,489
Apr 1998129013.042.51$1,682
Mar 19980012.802.31$0
Feb 1998122013.952.30$1,702
Jan 1998237014.702.15$3,484
Dec 19970016.322.41$0
Nov 199781018.193.09$1,473
Oct 1997126019.253.15$2,426
Sep 1997128017.742.95$2,271
Aug 1997101017.862.55$1,804
Jul 199756017.582.25$984
Jun 1997182017.242.26$3,138
May 1997204018.972.31$3,870
Apr 19970017.882.08$0
Mar 199752018.951.94$985
Feb 19970020.492.21$0
Jan 1997115023.483.54$2,700
Dec 1996257023.32$5,993
Nov 199643021.97$945
Oct 19960023.31$0
Sep 1996177022.22$3,933
Aug 1996116020.26$2,350
Jul 1996100019.55$1,955
Jun 1996176018.73$3,296
May 199687019.43$1,690
Apr 1996174021.51$3,743
Mar 19960019.38$0
Feb 199681016.98$1,375
Jan 1996124017.07$2,117
Dec 1995126017.19$2,166
Nov 1995112016.00$1,792
Oct 1995294015.43$4,536
Sep 19950016.18$0
Aug 1995147015.92$2,340
Jul 1995129015.24$1,966
Jun 1995120016.41$1,969
May 1995124017.56$2,177
Apr 1995127017.73$2,252
Mar 1995252016.44$4,143
Feb 1995131016.58$2,172
Jan 1995132015.92$2,101
Dec 1994129015.03$1,939
Nov 1994254015.90$4,039
Oct 199495015.58$1,480
Sep 1994127115.29$1,942
Aug 1994127116.13$2,049
Jul 1994134117.56$2,353
Jun 1994131117.09$2,239
May 1994250115.88$3,970
Apr 1994127114.14$1,796
Mar 1994130112.46$1,620
Feb 1994130112.50$1,625
Jan 1994127112.66$1,608
Dec 1993134112.33$1,652
Nov 1993254114.49$3,680
Oct 1993125115.85$1,981
Sep 1993126115.03$1,894
Aug 1993131115.66$2,051
Jul 1993246115.46$3,803
Jun 1993129116.79$2,166
May 1993261117.68$4,614
Apr 1993130118.05$2,347
Mar 1993125118.14$2,268
Feb 1993127117.90$2,273
Jan 1993234116.93$3,962

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 2011 — as filed, then multipliedworked
Oil                   79 bbl  × $ 84.98 =     $6,713
Casinghead gas         0 Mcf  × $  3.65 =         $0

────────────────────────────────────────────────────
Month total                                   $6,713

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/O/10429 is the state's own key, not one this site invented.