WOLF, MIKE

Operated by FAGADAU ENERGY CORPORATION (P-5 257680) in the BEREND-WOLF (MIDDLE CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23038District 09Field 07259450NGPA filingOilCasinghead gasSaveExport
Value, all time
$219 k
Jan 1993 – Apr 2006
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
160
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 5 leases and 6 wells, and the rule below applies to all of them.

Discovered
1983-02-28
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: EFF. 10/21/85.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition11,877 bbl$218,937
Casinghead gasProduction21 Mcf$0
Total$218,937

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 (2)

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 33.5255, -98.4673. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.52550, -98.46727 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
5,685 ft
2 wells filed one
Completion to plug
12.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 5,410 and 5,959 ft, median 5,685 ft, over the 2 wells that filed a depth.

Completions filed
Feb 1983 – Nov 1983
2 of 2 wells
Plug dates filed
Nov 1989 – Oct 2001
2 of 2 wells

Last completion to plug: a median of 12.3 years across the 2 wells that filed both dates, with the middle half between 9.2 years and 15.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0093746325,410 ftNov 1983Nov 1989Yes
42-0093666015,959 ftFeb 1983Oct 2001Yes

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 (160)

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

160 months

Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 200629057.597.75$1,670
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 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
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 2001168024.563.82$4,126
May 20010025.524.31$0
Apr 2001167024.685.34$4,122
Mar 2001173024.545.38$4,245
Feb 20010027.755.77$0
Jan 2001173027.478.40$4,752
Dec 20000026.889.12$0
Nov 2000162032.215.66$5,218
Oct 20000031.235.15$0
Sep 2000168031.875.19$5,354
Aug 20000029.644.54$0
Jul 2000170028.534.09$4,850
Jun 2000156029.304.40$4,571
May 20000027.263.68$0
Apr 2000162024.513.12$3,971
Mar 20000028.422.86$0
Feb 2000169027.622.73$4,668
Jan 20000025.272.48$0
Dec 1999167024.282.42$4,055
Nov 1999168023.192.43$3,896
Oct 19990020.982.80$0
Sep 1999170021.752.62$3,698
Aug 19990019.262.88$0
Jul 1999165017.892.37$2,952
Jun 19990015.942.36$0
May 1999177015.792.32$2,795
Apr 19990015.102.21$0
Mar 1999179012.471.84$2,232
Feb 1999009.981.82$0
Jan 1999166010.381.90$1,723
Dec 1998009.201.77$0
Nov 1998180010.892.19$1,960
Oct 1998158012.421.97$1,962
Sep 19981012.592.08$13
Aug 1998174011.301.91$1,966
Jul 19980011.742.24$0
Jun 1998171011.242.24$1,922
May 1998164012.622.21$2,070
Apr 19980013.042.51$0
Mar 1998327012.802.31$4,186
Feb 19980013.952.30$0
Jan 1998176014.702.15$2,587
Dec 19970016.322.41$0
Nov 1997166018.193.09$3,020
Oct 1997159019.253.15$3,061
Sep 19970017.742.95$0
Aug 1997170017.862.55$3,036
Jul 1997180017.582.25$3,164
Jun 19970017.242.26$0
May 1997182018.972.31$3,453
Apr 1997177017.882.08$3,165
Mar 19970018.951.94$0
Feb 1997166020.492.21$3,401
Jan 1997181023.483.54$4,250
Dec 19960023.32$0
Nov 1996161021.97$3,537
Oct 1996179023.31$4,172
Sep 1996180022.22$4,000
Aug 19960020.26$0
Jul 1996172019.55$3,363
Jun 1996160018.73$2,997
May 1996151019.43$2,934
Apr 1996154021.51$3,313
Mar 19960019.38$0
Feb 1996157016.98$2,666
Jan 1996158017.07$2,697
Dec 1995159017.19$2,733
Nov 1995162016.00$2,592
Oct 19950015.43$0
Sep 1995179016.18$2,896
Aug 1995179015.92$2,850
Jul 19950015.24$0
Jun 1995181016.41$2,970
May 1995181017.56$3,178
Apr 1995179017.73$3,174
Mar 19950016.44$0
Feb 1995182016.58$3,018
Jan 1995182015.92$2,897
Dec 19940015.03$0
Nov 1994183015.90$2,910
Oct 1994181015.58$2,820
Sep 1994182115.29$2,783
Aug 19940116.13$0
Jul 1994181117.56$3,178
Jun 1994181117.09$3,093
May 1994173115.88$2,747
Apr 1994174114.14$2,460
Mar 19940112.46$0
Feb 1994187112.50$2,338
Jan 1994183112.66$2,317
Dec 19930112.33$0
Nov 1993177114.49$2,565
Oct 1993177115.85$2,805
Sep 1993168115.03$2,525
Aug 1993176115.66$2,756
Jul 19930115.46$0
Jun 1993169116.79$2,838
May 1993178117.68$3,147
Apr 1993177118.05$3,195
Mar 1993177118.14$3,211
Feb 1993176117.90$3,150
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.

Feb 2006 — as filed, then multipliedworked
Oil                   29 bbl  × $ 57.59 =     $1,670
Casinghead gas         0 Mcf  × $  7.75 =         $0

────────────────────────────────────────────────────
Month total                                   $1,670

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/23038 is the state's own key, not one this site invented.