WAGGONER

Operated by VICTORY OIL & GAS INCORPORATED (P-5 885538) 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 27004District 09Field 97155001OilCasinghead gasSaveExport
Value, all time
$103 k
Jan 1993 – Mar 2006
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
159
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
OilDisposition4,605 bbl$92,270
Casinghead gasProduction2,620 Mcf$10,279
Total$102,549

180 Mcf of this lease's gas, across 36 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 33.8783, -98.9115. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.87835, -98.91147 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
4,500 ft
1 wells filed one
Completion to plug
17.8 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 4,500 ft.

Completions filed
Feb 1988
1 of 1 wells
Plug dates filed
Nov 2005
1 of 1 wells

Last completion to plug: a median of 17.8 years across the 1 well that filed both dates, with the middle half between 17.8 years and 17.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-485416071 V4,500 ftFeb 1988Nov 2005Yes

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 (159)

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

159 months

Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 200559054.6910.59$3,227
Oct 20050558.3413.80$69
Sep 20050561.4512.08$60
Aug 20050561.519.80$49
Jul 20050555.697.84$39
Jun 2005116552.337.38$6,107
May 20050545.226.65$33
Apr 200503049.207.36$221
Mar 200503050.377.15$215
Feb 20050045.226.31$0
Jan 200503043.166.32$190
Dec 20040039.866.75$0
Nov 200403045.286.33$190
Oct 200403049.706.52$195
Sep 200403043.245.28$159
Aug 200403042.375.55$167
Jul 200403038.286.08$183
Jun 200403036.106.43$193
May 200403037.486.49$195
Apr 200403034.475.86$176
Mar 200403034.365.53$166
Feb 200403032.455.51$165
Jan 200403032.036.30$189
Dec 200303030.266.30$189
Nov 200303028.804.60$138
Oct 200303028.174.76$143
Sep 200303026.314.75$142
Aug 20030029.765.13$0
Jul 200303029.415.17$155
Jun 200303028.565.98$179
May 200301026.595.97$60
Apr 200303026.675.41$162
Mar 200303031.146.10$183
Feb 200303033.487.93$238
Jan 200303030.315.58$167
Dec 20021773026.914.85$4,909
Nov 200203024.664.14$124
Oct 200203026.464.23$127
Sep 200203027.443.64$109
Aug 200203025.963.16$95
Jul 200203024.583.06$92
Jun 200203023.733.34$100
May 200203024.663.58$108
Apr 20021773023.653.51$4,291
Mar 200203022.003.10$93
Feb 200203018.222.38$71
Jan 200203017.172.38$71
Dec 200103016.932.36$71
Nov 200103018.072.41$72
Oct 200103019.782.53$76
Sep 200103024.262.25$68
Aug 20011793024.873.05$4,543
Jul 200103023.933.20$96
Jun 200103024.563.82$115
May 200103025.524.31$129
Apr 200103024.685.34$160
Mar 20011793024.545.38$4,554
Feb 200103027.755.77$173
Jan 200103027.478.40$252
Dec 200003026.889.12$274
Nov 200003032.215.66$170
Oct 200003031.235.15$154
Sep 20001783031.875.19$5,828
Aug 200003029.644.54$136
Jul 200003028.534.09$123
Jun 200003029.304.40$132
May 200003027.263.68$110
Apr 20001803024.513.12$4,505
Mar 200003028.422.86$86
Feb 200003027.622.73$82
Jan 200003025.272.48$74
Dec 199903024.282.42$73
Nov 19991633023.192.43$3,853
Oct 199903020.982.80$84
Sep 19991803021.752.62$3,994
Aug 199903019.262.88$86
Jul 199903017.892.37$71
Jun 199903015.942.36$71
May 199903015.792.32$70
Apr 199903015.102.21$66
Mar 19991623012.471.84$2,075
Feb 1999176309.981.82$1,811
Jan 199903010.381.90$57
Dec 19980309.201.77$53
Nov 199803010.892.19$66
Oct 199803012.421.97$59
Sep 19981663012.592.08$2,152
Aug 199803011.301.91$57
Jul 199803011.742.24$67
Jun 199803011.242.24$67
May 199803012.622.21$66
Apr 19980013.042.51$0
Mar 1998177012.802.31$2,266
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 1997182017.882.08$3,254
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 1996172023.31$4,009
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 1996174018.73$3,259
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 1996179016.98$3,039
Jan 19960017.07$0
Dec 19950517.19$0
Nov 19950516.00$0
Oct 1995176515.43$2,716
Sep 19950516.18$0
Aug 19950515.92$0
Jul 19950515.24$0
Jun 1995182516.41$2,987
May 19950517.56$0
Apr 19950517.73$0
Mar 19950516.44$0
Feb 1995182516.58$3,018
Jan 19950515.92$0
Dec 19940515.03$0
Nov 19940515.90$0
Oct 1994182515.58$2,836
Sep 19940515.29$0
Aug 19940516.13$0
Jul 1994179517.56$3,143
Jun 19940517.09$0
May 19940515.88$0
Apr 19940514.14$0
Mar 1994182512.46$2,268
Feb 19940512.50$0
Jan 19940512.66$0
Dec 19930512.33$0
Nov 1993181514.49$2,623
Oct 19930515.85$0
Sep 19930515.03$0
Aug 19930515.66$0
Jul 1993182515.46$2,814
Jun 19930516.79$0
May 19930517.68$0
Apr 1993183518.05$3,303
Mar 19930518.14$0
Feb 19930517.90$0
Jan 19930516.93$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 2005 — as filed, then multipliedworked
Oil                   59 bbl  × $ 54.69 =     $3,227
Casinghead gas         0 Mcf  × $ 10.59 =         $0

────────────────────────────────────────────────────
Month total                                   $3,227

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/27004 is the state's own key, not one this site invented.