WACO BEND RANCH, LTO

Name: WACO BEND RANCH, LTO lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MARCHMAN, J. E. (P-5 525700) in the YOUNG COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19895District 09Field 99480001OilCasinghead gasSave Export

Value, all time

$190 k

Jan 1993 – Jul 2009

Value, last 12 filed months

$931

at the published price for each month

Months reported

199

no gaps in the span

Streams

oil, casinghead gas

The YOUNG COUNTY REGULAR 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 2,525 leases and 8,014 wells, and the rule below applies to all of them.

Discovered

1917-12-31

as the register files it

Field class

Oil and gas

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	1,863 bbl	$37,152
Casinghead gas	Production	30,131 Mcf	$152,963
Total			$190,115

6,880 Mcf of this lease's gas, across 47 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 32.9635, -98.4493. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.96355, -98.44933 · 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

2,342 ft

1 wells filed one

Completion to plug

29.2 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 2,342 ft.

Completions filed

Feb 1980

1 of 1 wells

Plug dates filed

Apr 2009

1 of 1 wells

Last completion to plug: a median of 29.2 years across the 1 well that filed both dates, with the middle half between 29.2 years and 29.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-50384603	3	2,342 ft	Feb 1980	Apr 2009	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 (199)

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

199 months


Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	17	0	54.74	3.93	$931
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
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	80	90.38	8.21	$656
Dec 2007	0	221	88.33	7.30	$1,614
Nov 2007	0	117	91.67	7.29	$853
Oct 2007	0	16	82.85	6.92	$111
Sep 2007	0	298	75.84	6.24	$1,861
Aug 2007	0	374	69.06	6.39	$2,389
Jul 2007	0	373	70.90	6.39	$2,383
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	533	58.74	7.85	$4,182
Apr 2007	0	559	59.61	7.81	$4,363
Mar 2007	0	569	56.92	7.30	$4,155
Feb 2007	0	457	55.10	8.22	$3,755
Jan 2007	0	522	50.30	6.73	$3,511
Dec 2006	0	649	56.65	6.92	$4,490
Nov 2006	0	606	54.20	7.62	$4,616
Oct 2006	0	669	54.90	6.01	$4,023
Sep 2006	0	734	60.08	5.04	$3,697
Aug 2006	0	775	68.71	7.34	$5,688
Jul 2006	0	1,008	69.37	6.34	$6,394
Jun 2006	0	499	66.28	6.38	$3,186
May 2006	0	944	66.01	6.42	$6,065
Apr 2006	0	944	64.39	7.36	$6,948
Mar 2006	0	2,246	56.70	7.08	$15,908
Feb 2006	0	1,540	57.59	7.75	$11,937
Jan 2006	0	606	60.59	8.93	$5,414
Dec 2005	0	437	54.94	13.42	$5,863
Nov 2005	0	468	54.69	10.59	$4,955
Oct 2005	0	662	58.34	13.80	$9,133
Sep 2005	0	853	61.45	12.08	$10,303
Aug 2005	0	1	61.51	9.80	$10
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	187	0	52.33	7.38	$9,786
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	32	23.93	3.20	$102
Jun 2001	0	37	24.56	3.82	$141
May 2001	0	38	25.52	4.31	$164
Apr 2001	0	45	24.68	5.34	$240
Mar 2001	0	50	24.54	5.38	$269
Feb 2001	0	2	27.75	5.77	$12
Jan 2001	0	29	27.47	8.40	$244
Dec 2000	0	50	26.88	9.12	$456
Nov 2000	0	38	32.21	5.66	$215
Oct 2000	0	43	31.23	5.15	$221
Sep 2000	0	67	31.87	5.19	$348
Aug 2000	0	112	29.64	4.54	$509
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	45	27.26	3.68	$166
Apr 2000	0	62	24.51	3.12	$193
Mar 2000	0	88	28.42	2.86	$252
Feb 2000	0	94	27.62	2.73	$256
Jan 2000	0	110	25.27	2.48	$273
Dec 1999	0	122	24.28	2.42	$296
Nov 1999	0	116	23.19	2.43	$282
Oct 1999	0	135	20.98	2.80	$379
Sep 1999	0	125	21.75	2.62	$327
Aug 1999	0	115	19.26	2.88	$331
Jul 1999	0	137	17.89	2.37	$325
Jun 1999	0	87	15.94	2.36	$206
May 1999	0	137	15.79	2.32	$318
Apr 1999	0	127	15.10	2.21	$280
Mar 1999	0	162	12.47	1.84	$298
Feb 1999	0	113	9.98	1.82	$205
Jan 1999	0	141	10.38	1.90	$268
Dec 1998	0	189	9.20	1.77	$335
Nov 1998	134	148	10.89	2.19	$1,783
Oct 1998	0	120	12.42	1.97	$236
Sep 1998	0	128	12.59	2.08	$267
Aug 1998	0	134	11.30	1.91	$256
Jul 1998	0	115	11.74	2.24	$257
Jun 1998	0	123	11.24	2.24	$275
May 1998	0	151	12.62	2.21	$333
Apr 1998	131	126	13.04	2.51	$2,024
Mar 1998	0	142	12.80	2.31	$328
Feb 1998	0	221	13.95	2.30	$508
Jan 1998	0	95	14.70	2.15	$205
Dec 1997	0	54	16.32	2.41	$130
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	50	19.25	3.15	$157
Sep 1997	0	110	17.74	2.95	$325
Aug 1997	0	132	17.86	2.55	$337
Jul 1997	77	163	17.58	2.25	$1,720
Jun 1997	0	131	17.24	2.26	$296
May 1997	0	135	18.97	2.31	$312
Apr 1997	0	160	17.88	2.08	$333
Mar 1997	128	139	18.95	1.94	$2,695
Feb 1997	0	136	20.49	2.21	$300
Jan 1997	0	130	23.48	3.54	$460
Dec 1996	0	148	23.32	—	$0
Nov 1996	0	124	21.97	—	$0
Oct 1996	0	144	23.31	—	$0
Sep 1996	71	146	22.22	—	$1,578
Aug 1996	0	151	20.26	—	$0
Jul 1996	180	144	19.55	—	$3,519
Jun 1996	0	152	18.73	—	$0
May 1996	0	134	19.43	—	$0
Apr 1996	0	130	21.51	—	$0
Mar 1996	0	151	19.38	—	$0
Feb 1996	0	120	16.98	—	$0
Jan 1996	0	142	17.07	—	$0
Dec 1995	0	142	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	38	15.43	—	$0
Sep 1995	44	143	16.18	—	$712
Aug 1995	0	149	15.92	—	$0
Jul 1995	96	165	15.24	—	$1,463
Jun 1995	0	150	16.41	—	$0
May 1995	0	146	17.56	—	$0
Apr 1995	0	137	17.73	—	$0
Mar 1995	103	148	16.44	—	$1,693
Feb 1995	0	130	16.58	—	$0
Jan 1995	0	126	15.92	—	$0
Dec 1994	0	138	15.03	—	$0
Nov 1994	82	137	15.90	—	$1,304
Oct 1994	0	130	15.58	—	$0
Sep 1994	0	134	15.29	—	$0
Aug 1994	82	144	16.13	—	$1,323
Jul 1994	0	142	17.56	—	$0
Jun 1994	0	150	17.09	—	$0
May 1994	110	172	15.88	—	$1,747
Apr 1994	0	169	14.14	—	$0
Mar 1994	0	170	12.46	—	$0
Feb 1994	122	159	12.50	—	$1,525
Jan 1994	0	161	12.66	—	$0
Dec 1993	0	159	12.33	—	$0
Nov 1993	84	132	14.49	—	$1,217
Oct 1993	0	144	15.85	—	$0
Sep 1993	83	174	15.03	—	$1,247
Aug 1993	90	185	15.66	—	$1,409
Jul 1993	0	82	15.46	—	$0
Jun 1993	0	121	16.79	—	$0
May 1993	0	187	17.68	—	$0
Apr 1993	0	167	18.05	—	$0
Mar 1993	0	180	18.14	—	$0
Feb 1993	42	189	17.90	—	$752
Jan 1993	0	194	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.

May 2009 — as filed, then multipliedworked

Oil                   17 bbl  × $ 54.74 =       $931
Casinghead gas         0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                     $931

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/19895 is the state's own key, not one this site invented.