FT. WORTH & DENVER RR. CO.

Name: FT. WORTH & DENVER RR. CO. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WG OPERATING, INC. (P-5 913425) in the WILBARGER COUNTY (SPECIAL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22334District 09Field 97331050OilCasinghead gasSave Export

Value, all time

$424 k

Jan 1993 – Feb 2002

Value, last 12 filed months

$22 k

at the published price for each month

Months reported

110

no gaps in the span

Streams

oil, casinghead gas

The WILBARGER COUNTY (SPECIAL) 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 20 leases and 511 wells, and the rule below applies to all of them.

Discovered

1982-07-01

as the register files it

Field class

Oil

the register's own label

Between wells

0 ft

minimum

From a lease line

300 ft

minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 1984-12-10.

The Commission's schedule remark for this field reads: “WAGGONER MINNAS CREEK A LEASE EFF 08/24/2016.”

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	22,050 bbl	$385,280
Casinghead gas	Production	21,243 Mcf	$38,328
Total			$423,608

8,622 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 (11)

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 34.0524, -98.9716. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

34.05241, -98.97153 · 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%

11 of 11 wells

With a plug date

100.0%

11 of 11 wells

Median depth

2,010 ft

11 wells filed one

Completion to plug

19.0 years

median over 11 wells

What the state filed about each well

On the RRC proration schedule

11100.0%

A plug date is filed

11100.0%

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

11100.0%

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, 11 of 11 wells. Median 2,010 ft, with the middle half between 2,002 and 2,015 ft; the shallowest is 1,397 ft and the deepest 2,024 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 11 of 11 wells, Feb 1980 – May 1989. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Feb 1980 – May 1989

11 of 11 wells

Plug dates filed

Dec 1990 – Dec 2001

11 of 11 wells

Last completion to plug: a median of 19.0 years across the 11 wells that filed both dates, with the middle half between 13.2 years and 19.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

11 wells


42-48731363	11	1,397 ft	May 1989	Dec 2001	Yes
42-48731273	5	2,015 ft	Mar 1988	Dec 2001	Yes
42-48731271	7	2,015 ft	Jul 1987	Dec 1990	Yes
42-48731269	9	2,010 ft	Aug 1985	May 1991	Yes
42-48731270	8	2,014 ft	Jul 1983	Dec 2001	Yes
42-48731272	6	2,006 ft	Dec 1982	Dec 2001	Yes
42-48720062	1	2,000 ft	Jul 1982	Dec 2001	Yes
42-48731274	4	2,004 ft	Jul 1982	Dec 2001	Yes
42-48731275	2	2,024 ft	Jul 1982	Dec 2001	Yes
42-48731276	3	1,989 ft	Jul 1982	Dec 2001	Yes
42-48731277	10	2,020 ft	Feb 1980	Dec 2001	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 (110)

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

110 months


Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	26	0	16.93	2.36	$440
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	182	0	19.78	2.53	$3,600
Sep 2001	0	184	24.26	2.25	$414
Aug 2001	0	200	24.87	3.05	$611
Jul 2001	177	214	23.93	3.20	$4,920
Jun 2001	0	205	24.56	3.82	$784
May 2001	172	208	25.52	4.31	$5,285
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	182	207	24.54	5.38	$5,579
Feb 2001	181	188	27.75	5.77	$6,107
Jan 2001	0	204	27.47	8.40	$1,713
Dec 2000	165	193	26.88	9.12	$6,196
Nov 2000	0	197	32.21	5.66	$1,115
Oct 2000	179	208	31.23	5.15	$6,660
Sep 2000	0	214	31.87	5.19	$1,110
Aug 2000	0	239	29.64	4.54	$1,085
Jul 2000	182	219	28.53	4.09	$6,088
Jun 2000	0	216	29.30	4.40	$950
May 2000	0	215	27.26	3.68	$791
Apr 2000	180	206	24.51	3.12	$5,054
Mar 2000	0	209	28.42	2.86	$598
Feb 2000	179	202	27.62	2.73	$5,495
Jan 2000	0	216	25.27	2.48	$536
Dec 1999	0	225	24.28	2.42	$545
Nov 1999	181	216	23.19	2.43	$4,723
Oct 1999	0	233	20.98	2.80	$653
Sep 1999	184	236	21.75	2.62	$4,620
Aug 1999	0	223	19.26	2.88	$641
Jul 1999	183	361	17.89	2.37	$4,130
Jun 1999	0	213	15.94	2.36	$503
May 1999	180	221	15.79	2.32	$3,355
Apr 1999	183	216	15.10	2.21	$3,240
Mar 1999	0	222	12.47	1.84	$408
Feb 1999	186	195	9.98	1.82	$2,211
Jan 1999	186	234	10.38	1.90	$2,375
Dec 1998	180	206	9.20	1.77	$2,021
Nov 1998	0	220	10.89	2.19	$481
Oct 1998	186	263	12.42	1.97	$2,828
Sep 1998	183	269	12.59	2.08	$2,864
Aug 1998	183	275	11.30	1.91	$2,592
Jul 1998	185	277	11.74	2.24	$2,792
Jun 1998	181	239	11.24	2.24	$2,569
May 1998	183	260	12.62	2.21	$2,883
Apr 1998	357	241	13.04	2.51	$5,259
Mar 1998	184	241	12.80	2.31	$2,912
Feb 1998	185	209	13.95	2.30	$3,061
Jan 1998	187	239	14.70	2.15	$3,264
Dec 1997	367	236	16.32	2.41	$6,558
Nov 1997	372	231	18.19	3.09	$7,480
Oct 1997	365	242	19.25	3.15	$7,789
Sep 1997	183	237	17.74	2.95	$3,947
Aug 1997	183	228	17.86	2.55	$3,851
Jul 1997	366	229	17.58	2.25	$6,949
Jun 1997	369	229	17.24	2.26	$6,878
May 1997	366	228	18.97	2.31	$7,469
Apr 1997	184	222	17.88	2.08	$3,752
Mar 1997	184	228	18.95	1.94	$3,929
Feb 1997	374	203	20.49	2.21	$8,111
Jan 1997	186	230	23.48	3.54	$5,181
Dec 1996	375	227	23.32	—	$8,745
Nov 1996	186	214	21.97	—	$4,086
Oct 1996	370	222	23.31	—	$8,625
Sep 1996	183	221	22.22	—	$4,066
Aug 1996	367	232	20.26	—	$7,435
Jul 1996	184	232	19.55	—	$3,597
Jun 1996	185	224	18.73	—	$3,465
May 1996	369	238	19.43	—	$7,170
Apr 1996	372	234	21.51	—	$8,002
Mar 1996	186	232	19.38	—	$3,605
Feb 1996	370	216	16.98	—	$6,283
Jan 1996	188	237	17.07	—	$3,209
Dec 1995	371	232	17.19	—	$6,377
Nov 1995	371	228	16.00	—	$5,936
Oct 1995	183	247	15.43	—	$2,824
Sep 1995	190	245	16.18	—	$3,074
Aug 1995	367	259	15.92	—	$5,843
Jul 1995	184	269	15.24	—	$2,804
Jun 1995	181	260	16.41	—	$2,970
May 1995	183	250	17.56	—	$3,213
Apr 1995	182	238	17.73	—	$3,227
Mar 1995	369	239	16.44	—	$6,066
Feb 1995	372	214	16.58	—	$6,168
Jan 1995	186	205	15.92	—	$2,961
Dec 1994	370	180	15.03	—	$5,561
Nov 1994	187	210	15.90	—	$2,973
Oct 1994	364	138	15.58	—	$5,671
Sep 1994	165	109	15.29	—	$2,523
Aug 1994	365	95	16.13	—	$5,887
Jul 1994	185	98	17.56	—	$3,249
Jun 1994	183	141	17.09	—	$3,127
May 1994	372	133	15.88	—	$5,907
Apr 1994	183	114	14.14	—	$2,588
Mar 1994	368	86	12.46	—	$4,585
Feb 1994	366	85	12.50	—	$4,575
Jan 1994	186	95	12.66	—	$2,355
Dec 1993	370	92	12.33	—	$4,562
Nov 1993	182	102	14.49	—	$2,637
Oct 1993	374	118	15.85	—	$5,928
Sep 1993	176	121	15.03	—	$2,645
Aug 1993	367	141	15.66	—	$5,747
Jul 1993	183	149	15.46	—	$2,829
Jun 1993	368	141	16.79	—	$6,179
May 1993	367	150	17.68	—	$6,489
Apr 1993	184	129	18.05	—	$3,321
Mar 1993	374	103	18.14	—	$6,784
Feb 1993	372	126	17.90	—	$6,659
Jan 1993	184	151	16.93	—	$3,115

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.

Dec 2001 — as filed, then multipliedworked

Oil                   26 bbl  × $ 16.93 =       $440
Casinghead gas         0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                     $440

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/22334 is the state's own key, not one this site invented.