WAGGONER-CADENCE N ELECTRA LAKE

Operated by W.T. WAGGONER ESTATE, INC. (P-5 887904) in the WILBARGER COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 30459District 09Field 97331001OilSave
Value, all time
$2.4 M
Jun 2005 – Jan 2021
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
188
no gaps in the span
Streams
1
oil

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
OilDisposition32,255 bbl$2,370,824
Total$2,370,824

Wells on this lease (4)

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 33.9994, -99.0431. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.4 miles.

33.99877, -99.04556 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
3,504 ft
4 wells filed one
Completion to plug
10.5 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 1,897 and 4,515 ft, median 3,504 ft, over the 4 wells that filed a depth.

Completions filed
Jun 2005 – Oct 2008
4 of 4 wells
Plug dates filed
Sep 2012 – Nov 2019
4 of 4 wells

Last completion to plug: a median of 10.5 years across the 4 wells that filed both dates, with the middle half between 7.0 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-4873271161,897 ftOct 2008Sep 2012Yes
42-4873261144,308 ftNov 2006Nov 2019Yes
42-4873254222,700 ftOct 2005Oct 2013Yes
42-4873251914,515 ftJun 2005Nov 2019Yes

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 (188)

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

188 months

Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 20209238.772.71$3,567
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 201716343.873.09$7,151
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 201616446.193.09$7,575
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 201615933.011.79$5,249
Feb 2016026.472.06$0
Jan 201616527.352.36$4,513
Dec 2015032.362.00$0
Nov 201516438.792.17$6,362
Oct 2015043.552.43$0
Sep 201516242.992.76$6,964
Aug 201516340.162.87$6,546
Jul 2015048.152.95$0
Jun 201516756.152.88$9,377
May 201516355.212.96$8,999
Apr 2015049.822.71$0
Mar 201516242.892.93$6,948
Feb 201516544.662.98$7,369
Jan 2015043.433.10$0
Dec 201417054.693.59$9,297
Nov 201416870.464.25$11,837
Oct 2014078.303.90$0
Sep 201416086.164.05$13,786
Aug 201416889.394.04$15,018
Jul 201416396.564.18$15,739
Jun 2014098.164.74$0
May 201416794.734.73$15,820
Apr 201417395.944.81$16,598
Mar 2014095.895.06$0
Feb 201416797.406.19$16,266
Jan 201416890.404.86$15,187
Dec 201317791.824.35$16,252
Nov 2013088.853.74$0
Oct 201316697.423.78$16,172
Sep 2013163104.113.72$16,970
Aug 2013168104.253.52$17,514
Jul 2013164102.523.72$16,813
Jun 2013094.403.93$0
May 201316194.834.15$15,268
Apr 201316793.964.28$15,691
Mar 201316693.623.91$15,541
Feb 201316691.233.42$15,144
Jan 201317191.603.42$15,664
Dec 201217286.773.42$14,924
Nov 2012086.953.62$0
Oct 201216189.383.40$14,390
Sep 201216594.672.92$15,621
Aug 201216492.662.91$15,196
Jul 201217385.133.02$14,727
Jun 201217179.822.52$13,649
May 2012091.612.49$0
Apr 2012169101.652.00$17,179
Mar 2012341105.052.22$35,822
Feb 20120101.102.57$0
Jan 201216598.092.73$16,185
Dec 201116796.873.24$16,177
Nov 201116595.723.31$15,794
Oct 201116684.983.65$14,107
Sep 201133283.623.99$27,762
Aug 201116783.404.15$13,928
Jul 201116294.144.52$15,251
Jun 201116292.904.64$15,050
May 201116498.134.40$16,093
Apr 2011329105.964.33$34,861
Mar 201116996.364.06$16,285
Feb 201116785.644.18$14,302
Jan 201132586.504.59$28,113
Dec 201016485.734.35$14,060
Nov 201016280.843.80$13,096
Oct 201016478.103.51$12,808
Sep 201016572.633.98$11,984
Aug 201016673.684.42$12,231
Jul 201033172.554.74$24,014
Jun 201016170.364.91$11,328
May 201032471.124.24$23,043
Apr 201017581.694.12$14,296
Mar 201049378.394.39$38,646
Feb 201016273.585.44$11,920
Jan 201032474.365.96$24,093
Dec 200916771.445.48$11,930
Nov 200916074.593.75$11,934
Oct 200932872.544.11$23,793
Sep 200932865.543.06$21,497
Aug 200916367.423.22$10,989
Jul 200932961.133.46$20,112
Jun 200916566.163.90$10,916
May 200948754.743.93$26,658
Apr 200916746.773.59$7,811
Mar 200916242.144.06$6,827
Feb 200933332.814.63$10,926
Jan 200917535.865.37$6,276
Dec 200835137.105.98$13,022
Nov 200817355.496.86$9,600
Oct 200834775.246.92$26,108
Sep 2008341101.767.88$34,700
Aug 2008345114.228.48$39,406
Jul 2008339131.0811.39$44,436
Jun 2008350131.3313.03$45,966
May 2008346123.1711.57$42,617
Apr 2008346110.3110.45$38,167
Mar 2008338101.909.66$34,442
Feb 200834292.538.77$31,645
Jan 200851190.388.21$46,184
Dec 200733788.337.30$29,767
Nov 200750991.677.29$46,660
Oct 200752282.856.92$43,248
Sep 200735175.846.24$26,620
Aug 200753169.066.39$36,671
Jul 200769070.906.39$48,921
Jun 200751762.007.55$32,054
May 200751958.747.85$30,486
Apr 200752859.617.81$31,474
Mar 200751656.927.30$29,371
Feb 200752555.108.22$28,928
Jan 20071,03350.306.73$51,960
Dec 200634656.656.92$19,601
Nov 200632954.207.62$17,832
Oct 200632754.906.01$17,952
Sep 200615260.085.04$9,132
Aug 200632268.717.34$22,125
Jul 200616169.376.34$11,169
Jun 200631966.286.38$21,143
May 200646366.016.42$30,563
Apr 200616464.397.36$10,560
Mar 200631356.707.08$17,747
Feb 200615857.597.75$9,099
Jan 200615660.598.93$9,452
Dec 200548054.9413.42$26,371
Nov 200548654.6910.59$26,579
Oct 200548958.3413.80$28,528
Sep 200545261.4512.08$27,775
Aug 200564461.519.80$39,612
Jul 200581455.697.84$45,332
Jun 2005052.337.38$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 2020 — as filed, then multipliedworked
Oil                   92 bbl  × $ 38.77 =     $3,567

────────────────────────────────────────────────────
Month total                                   $3,567

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/30459 is the state's own key, not one this site invented.