WAGGONER UNIT

Operated by SPEARCO OIL (P-5 808560) in the WICHITA COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11674District 09Field 97155001OilCasinghead gasSaveExport
Value, all time
$34 k
Jan 1993 – Aug 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
128
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 1,994 leases and 19,278 wells, and the rule below applies to all of them.

Discovered
1910-12-31
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

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
OilDisposition2,078 bbl$33,628
Casinghead gasProduction32 Mcf$6
Total$33,633

30 Mcf of this lease's gas, across 30 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 (33)

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 34.0117, -98.9311. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles. 1 well has no surveyed location and is left out of it.

34.01226, -98.93142 · centre of 32 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%
33 of 33 wells
With a plug date
97.0%
32 of 33 wells
Median depth
1,815 ft
33 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
33100.0%
A plug date is filed
3297.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3297.0%
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

Total depth in feet, 33 of 33 wells. Median 1,815 ft, with the middle half between 1,717 and 1,940 ft; the shallowest is 1,552 ft and the deepest 2,300 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
Jun 1975 – Aug 2001
32 of 33 wells; 1 filed none

33 wells

42-485011862352,105 ftOct 1984Yes
42-485067861051,711 ftJun 1975Yes
42-485067871071,701 ftAug 2001Yes
42-485067891021,724 ftJun 1975Yes
42-485067961011,717 ftAug 2001Yes
42-485067981041,717 ftJun 1975Yes
42-485109913011,940 ftAug 2001Yes
42-485114782371,552 ftAug 2001Yes
42-485114823021,925 ftAug 2001Yes
42-485114832381,590 ftAug 2001Yes
42-485115202342,070 ftAug 2001Yes
42-485116031111,905 ftAug 2001Yes
42-485132622331,732 ftAug 2001Yes
42-485147172311,723 ftAug 2001Yes
42-485148252151,590 ftAug 2001Yes
42-485148591091,722 ftAug 2001Yes
42-485149431031,715 ftAug 2001Yes
42-485306131132,300 ftAug 2001Yes
42-485315541142,295 ftAug 2001Yes
42-48588545142,295 ftYes
42-485885511121,895 ftSep 1983Yes
42-485885532061,794 ftMar 1987Yes
42-485885552301,722 ftAug 2001Yes
42-485885602361,950 ftOct 1984Yes
42-485885632391,942 ftAug 1983Yes
42-485885642401,801 ftAug 2001Yes
42-485885652411,975 ftSep 1983Yes
42-485885662431,922 ftSep 1983Yes
42-485885693031,895 ftNov 1991Yes
42-485885703041,815 ftNov 1991Yes
42-485885713051,879 ftOct 1983Yes
42-485885723061,897 ftOct 1983Yes
42-485935281101,713 ftJun 1975Yes

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 (128)

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

128 months

Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 199761018.193.09$1,110
Oct 19970019.253.15$0
Sep 19970117.742.95$3
Aug 1997389117.862.55$6,950
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960119.55$0
Jun 19960118.73$0
May 19960119.43$0
Apr 19960121.51$0
Mar 19960119.38$0
Feb 19960116.98$0
Jan 19960117.07$0
Dec 19950117.19$0
Nov 199583116.00$1,328
Oct 1995126115.43$1,944
Sep 19950116.18$0
Aug 1995114115.92$1,815
Jul 1995114115.24$1,737
Jun 1995213116.41$3,495
May 19950017.56$0
Apr 1995103017.73$1,826
Mar 1995113016.44$1,858
Feb 19950016.58$0
Jan 1995109015.92$1,735
Dec 19940015.03$0
Nov 1994105015.90$1,670
Oct 199419015.58$296
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940117.56$0
Jun 19940117.09$0
May 19940115.88$0
Apr 19940014.14$0
Mar 1994129012.46$1,607
Feb 19940012.50$0
Jan 19940112.66$0
Dec 19930112.33$0
Nov 1993133114.49$1,927
Oct 19930115.85$0
Sep 19930115.03$0
Aug 1993134115.66$2,098
Jul 19930115.46$0
Jun 1993133116.79$2,233
May 19930117.68$0
Apr 19930118.05$0
Mar 19930118.14$0
Feb 19930117.90$0
Jan 19930116.93$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.

Nov 1997 — as filed, then multipliedworked
Oil                   61 bbl  × $ 18.19 =     $1,110
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $1,110

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/11674 is the state's own key, not one this site invented.