WAGGONER, W. T. -TIMES-

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

Operated by FREDNA OIL CO. (P-5 284880) in the TIMES (MISS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17033District 09Field 90056720OilCasinghead gasSave Export

Value, all time

$645 k

Jan 1993 – Dec 2008

Value, last 12 filed months

at the published price for each month

Months reported

192

no gaps in the span

Streams

oil, casinghead gas

The TIMES (MISS.) 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 2 leases and 6 wells, and the rule below applies to all of them.

Discovered

1973-04-24

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.

Stream	Basis	Volume	Value
Oil	Disposition	28,172 bbl	$640,592
Casinghead gas	Production	3,207 Mcf	$4,678
Total			$645,270

1,177 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 (5)

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 34.0667, -99.0963. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.4 miles.

34.06669, -99.09661 · 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%

5 of 5 wells

With a plug date

100.0%

5 of 5 wells

Median depth

5,120 ft

5 wells filed one

Completion to plug

15.1 years

median over 5 wells

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

5100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

5100.0%

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

Between 5,073 and 5,191 ft, median 5,120 ft, over the 5 wells that filed a depth.

Completions filed

Apr 1973 – Jun 1998

5 of 5 wells

Plug dates filed

Mar 1999 – May 2008

5 of 5 wells

Last completion to plug: a median of 15.1 years across the 5 wells that filed both dates, with the middle half between 10.3 years and 21.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells


42-48730112	6	5,191 ft	Jun 1998	Mar 1999	Yes
42-48730469	1	5,073 ft	Dec 1997	Apr 2008	Yes
42-48730149	8	5,160 ft	Apr 1993	May 2008	Yes
42-48730441	19	5,120 ft	Oct 1986	May 2008	Yes
42-48730148	9	5,094 ft	Apr 1973	May 2008	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 (192)

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

192 months


Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	60	0	69.06	6.39	$4,144
Jul 2007	100	0	70.90	6.39	$7,090
Jun 2007	0	0	62.00	7.55	$0
May 2007	71	0	58.74	7.85	$4,171
Apr 2007	77	0	59.61	7.81	$4,590
Mar 2007	75	0	56.92	7.30	$4,269
Feb 2007	79	0	55.10	8.22	$4,353
Jan 2007	75	0	50.30	6.73	$3,773
Dec 2006	76	0	56.65	6.92	$4,305
Nov 2006	72	0	54.20	7.62	$3,902
Oct 2006	72	0	54.90	6.01	$3,953
Sep 2006	72	0	60.08	5.04	$4,326
Aug 2006	67	0	68.71	7.34	$4,604
Jul 2006	69	0	69.37	6.34	$4,787
Jun 2006	70	0	66.28	6.38	$4,640
May 2006	67	0	66.01	6.42	$4,423
Apr 2006	66	0	64.39	7.36	$4,250
Mar 2006	75	0	56.70	7.08	$4,253
Feb 2006	74	0	57.59	7.75	$4,262
Jan 2006	68	0	60.59	8.93	$4,120
Dec 2005	71	0	54.94	13.42	$3,901
Nov 2005	47	0	54.69	10.59	$2,570
Oct 2005	78	0	58.34	13.80	$4,551
Sep 2005	70	0	61.45	12.08	$4,302
Aug 2005	68	0	61.51	9.80	$4,183
Jul 2005	71	0	55.69	7.84	$3,954
Jun 2005	74	0	52.33	7.38	$3,872
May 2005	66	0	45.22	6.65	$2,985
Apr 2005	66	0	49.20	7.36	$3,247
Mar 2005	72	0	50.37	7.15	$3,627
Feb 2005	100	0	45.22	6.31	$4,522
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	100	0	39.86	6.75	$3,986
Nov 2004	100	0	45.28	6.33	$4,528
Oct 2004	100	0	49.70	6.52	$4,970
Sep 2004	74	0	43.24	5.28	$3,200
Aug 2004	73	0	42.37	5.55	$3,093
Jul 2004	68	0	38.28	6.08	$2,603
Jun 2004	63	0	36.10	6.43	$2,274
May 2004	66	0	37.48	6.49	$2,474
Apr 2004	72	0	34.47	5.86	$2,482
Mar 2004	100	0	34.36	5.53	$3,436
Feb 2004	51	0	32.45	5.51	$1,655
Jan 2004	100	0	32.03	6.30	$3,203
Dec 2003	100	0	30.26	6.30	$3,026
Nov 2003	73	0	28.80	4.60	$2,102
Oct 2003	72	0	28.17	4.76	$2,028
Sep 2003	67	0	26.31	4.75	$1,763
Aug 2003	60	0	29.76	5.13	$1,786
Jul 2003	100	0	29.41	5.17	$2,941
Jun 2003	105	1	28.56	5.98	$3,005
May 2003	66	1	26.59	5.97	$1,761
Apr 2003	70	1	26.67	5.41	$1,872
Mar 2003	100	1	31.14	6.10	$3,120
Feb 2003	77	1	33.48	7.93	$2,586
Jan 2003	85	1	30.31	5.58	$2,582
Dec 2002	80	1	26.91	4.85	$2,158
Nov 2002	220	1	24.66	4.14	$5,429
Oct 2002	110	1	26.46	4.23	$2,915
Sep 2002	120	1	27.44	3.64	$3,296
Aug 2002	90	1	25.96	3.16	$2,340
Jul 2002	125	1	24.58	3.06	$3,076
Jun 2002	100	1	23.73	3.34	$2,376
May 2002	100	1	24.66	3.58	$2,470
Apr 2002	100	1	23.65	3.51	$2,369
Mar 2002	0	1	22.00	3.10	$3
Feb 2002	100	1	18.22	2.38	$1,824
Jan 2002	150	1	17.17	2.38	$2,578
Dec 2001	100	1	16.93	2.36	$1,695
Nov 2001	146	1	18.07	2.41	$2,641
Oct 2001	174	1	19.78	2.53	$3,444
Sep 2001	343	1	24.26	2.25	$8,323
Aug 2001	125	1	24.87	3.05	$3,112
Jul 2001	170	1	23.93	3.20	$4,071
Jun 2001	300	1	24.56	3.82	$7,372
May 2001	327	1	25.52	4.31	$8,349
Apr 2001	342	1	24.68	5.34	$8,446
Mar 2001	300	1	24.54	5.38	$7,367
Feb 2001	193	1	27.75	5.77	$5,362
Jan 2001	302	1	27.47	8.40	$8,304
Dec 2000	377	1	26.88	9.12	$10,143
Nov 2000	292	1	32.21	5.66	$9,411
Oct 2000	380	1	31.23	5.15	$11,873
Sep 2000	403	1	31.87	5.19	$12,849
Aug 2000	300	1	29.64	4.54	$8,897
Jul 2000	301	1	28.53	4.09	$8,592
Jun 2000	295	1	29.30	4.40	$8,648
May 2000	193	1	27.26	3.68	$5,265
Apr 2000	200	1	24.51	3.12	$4,905
Mar 2000	196	0	28.42	2.86	$5,570
Feb 2000	212	40	27.62	2.73	$5,965
Jan 2000	61	11	25.27	2.48	$1,569
Dec 1999	222	41	24.28	2.42	$5,490
Nov 1999	207	39	23.19	2.43	$4,895
Oct 1999	249	47	20.98	2.80	$5,356
Sep 1999	276	52	21.75	2.62	$6,139
Aug 1999	239	45	19.26	2.88	$4,733
Jul 1999	260	49	17.89	2.37	$4,768
Jun 1999	300	56	15.94	2.36	$4,914
May 1999	222	41	15.79	2.32	$3,601
Apr 1999	302	57	15.10	2.21	$4,686
Mar 1999	369	69	12.47	1.84	$4,728
Feb 1999	384	57	9.98	1.82	$3,936
Jan 1999	269	65	10.38	1.90	$2,916
Dec 1998	465	87	9.20	1.77	$4,432
Nov 1998	420	79	10.89	2.19	$4,746
Oct 1998	465	87	12.42	1.97	$5,947
Sep 1998	586	96	12.59	2.08	$7,578
Aug 1998	552	89	11.30	1.91	$6,407
Jul 1998	492	92	11.74	2.24	$5,982
Jun 1998	356	96	11.24	2.24	$4,216
May 1998	524	99	12.62	2.21	$6,831
Apr 1998	615	116	13.04	2.51	$8,310
Mar 1998	589	111	12.80	2.31	$7,796
Feb 1998	560	105	13.95	2.30	$8,053
Jan 1998	262	49	14.70	2.15	$3,957
Dec 1997	100	18	16.32	2.41	$1,675
Nov 1997	100	18	18.19	3.09	$1,875
Oct 1997	100	18	19.25	3.15	$1,982
Sep 1997	100	18	17.74	2.95	$1,827
Aug 1997	100	18	17.86	2.55	$1,832
Jul 1997	100	18	17.58	2.25	$1,798
Jun 1997	100	18	17.24	2.26	$1,765
May 1997	100	18	18.97	2.31	$1,939
Apr 1997	100	18	17.88	2.08	$1,825
Mar 1997	100	18	18.95	1.94	$1,930
Feb 1997	100	18	20.49	2.21	$2,089
Jan 1997	100	18	23.48	3.54	$2,412
Dec 1996	200	18	23.32	—	$4,664
Nov 1996	0	18	21.97	—	$0
Oct 1996	120	22	23.31	—	$2,797
Sep 1996	120	22	22.22	—	$2,666
Aug 1996	120	22	20.26	—	$2,431
Jul 1996	120	22	19.55	—	$2,346
Jun 1996	120	22	18.73	—	$2,248
May 1996	120	22	19.43	—	$2,332
Apr 1996	120	22	21.51	—	$2,581
Mar 1996	120	22	19.38	—	$2,326
Feb 1996	120	22	16.98	—	$2,038
Jan 1996	120	22	17.07	—	$2,048
Dec 1995	120	22	17.19	—	$2,063
Nov 1995	120	22	16.00	—	$1,920
Oct 1995	120	22	15.43	—	$1,852
Sep 1995	120	22	16.18	—	$1,942
Aug 1995	120	22	15.92	—	$1,910
Jul 1995	120	22	15.24	—	$1,829
Jun 1995	150	28	16.41	—	$2,462
May 1995	150	28	17.56	—	$2,634
Apr 1995	150	28	17.73	—	$2,660
Mar 1995	150	28	16.44	—	$2,466
Feb 1995	150	28	16.58	—	$2,487
Jan 1995	150	28	15.92	—	$2,388
Dec 1994	150	28	15.03	—	$2,255
Nov 1994	150	28	15.90	—	$2,385
Oct 1994	150	28	15.58	—	$2,337
Sep 1994	150	28	15.29	—	$2,294
Aug 1994	150	28	16.13	—	$2,420
Jul 1994	150	28	17.56	—	$2,634
Jun 1994	150	28	17.09	—	$2,564
May 1994	150	28	15.88	—	$2,382
Apr 1994	150	28	14.14	—	$2,121
Mar 1994	150	28	12.46	—	$1,869
Feb 1994	150	28	12.50	—	$1,875
Jan 1994	150	28	12.66	—	$1,899
Dec 1993	150	28	12.33	—	$1,850
Nov 1993	150	28	14.49	—	$2,174
Oct 1993	150	28	15.85	—	$2,378
Sep 1993	150	28	15.03	—	$2,255
Aug 1993	150	28	15.66	—	$2,349
Jul 1993	150	28	15.46	—	$2,319
Jun 1993	150	28	16.79	—	$2,519
May 1993	150	28	17.68	—	$2,652
Apr 1993	150	28	18.05	—	$2,708
Mar 1993	60	11	18.14	—	$1,088
Feb 1993	60	11	17.90	—	$1,074
Jan 1993	60	11	16.93	—	$1,016

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.

Aug 2007 — as filed, then multipliedworked

Oil                   60 bbl  × $ 69.06 =     $4,144
Casinghead gas         0 Mcf  × $  6.39 =         $0

────────────────────────────────────────────────────
Month total                                   $4,144

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/17033 is the state's own key, not one this site invented.