J & J WAGGONER

Operated by R2Q OPERATING LLC (P-5 687719) in the K-M-A field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31435District 09Field 47902001OilSaveExport
Value, all time
$6.3 M
Jun 2009 – May 2026
Value, last 12 filed months
$300 k
at the published price for each month
Months reported
204
no gaps in the span
Streams
1
oil

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 347 leases and 2,190 wells, and the rule below applies to all of them.

Discovered
1931-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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
OilDisposition85,428 bbl$6,273,867
Total$6,273,867

Wells on this lease (7)

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 33.9296, -98.8160. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.92995, -98.81612 · 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
0.0%
0 of 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
4,240 ft
7 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
7100.0%

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 3,941 and 4,401 ft, median 4,240 ft, over the 7 wells that filed a depth.

Completions filed
Jun 2009 – Oct 2024
7 of 7 wells

7 wells

42-485446744M4,300 ftOct 2024
42-485453446M3,941 ftMar 2014
42-485453948M4,050 ftMar 2013
42-485452405M4,240 ftDec 2012
42-485446222M4,400 ftJun 2011
42-485446733M4,150 ftJul 2009
42-485446211 M4,401 ftJun 2009

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 (204)

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

204 months

May 20260106.413.05$0
Apr 202650998.932.87$50,355
Mar 202633989.753.15$30,425
Feb 202651563.503.75$32,703
Jan 202634259.138.00$20,222
Dec 202551656.664.41$29,237
Nov 202583858.593.93$49,098
Oct 202534059.383.30$20,189
Sep 202534062.743.08$21,332
Aug 202517563.933.01$11,188
Jul 202534766.743.32$23,159
Jun 202517666.483.13$11,700
May 202534560.553.23$20,890
Apr 202517562.363.54$10,913
Mar 202534467.704.27$23,289
Feb 202527770.884.34$19,634
Jan 202533874.324.28$25,120
Dec 202417468.993.12$12,004
Nov 202434569.052.20$23,822
Oct 202417571.372.28$12,490
Sep 202421269.612.36$14,757
Aug 202434175.632.06$25,790
Jul 2024079.932.15$0
Jun 202432978.082.63$25,688
May 202434778.812.20$27,347
Apr 202417384.451.66$14,610
Mar 202434380.301.55$27,543
Feb 202418176.091.78$13,772
Jan 202436173.023.30$26,360
Dec 202335671.262.61$25,369
Nov 202335077.892.81$27,262
Oct 202317085.443.09$14,525
Sep 202335289.042.74$31,342
Aug 202317580.522.67$14,091
Jul 202334874.852.64$26,048
Jun 202334068.962.26$23,446
May 202334470.622.23$24,293
Apr 202316878.122.24$13,124
Mar 202350972.852.39$37,081
Feb 202333675.112.47$25,237
Jan 202334276.533.39$26,173
Dec 202233776.415.73$25,750
Nov 202234285.005.65$29,070
Oct 202217287.185.86$14,995
Sep 202217284.888.16$14,599
Aug 202234494.529.13$32,515
Jul 2022169101.587.54$17,167
Jun 2022172115.097.98$19,795
May 20220109.378.43$0
Apr 2022335104.226.84$34,914
Mar 2022348108.885.08$37,890
Feb 202216991.054.86$15,387
Jan 2022081.844.54$0
Dec 202117271.323.90$12,267
Nov 202134377.435.24$26,558
Oct 202134579.795.71$27,528
Sep 202134569.865.35$24,102
Aug 2021066.024.22$0
Jul 202117270.783.98$12,174
Jun 202117069.493.38$11,813
May 202134163.483.02$21,647
Apr 202117060.362.76$10,261
Mar 202133961.302.72$20,781
Feb 202117057.805.55$9,826
Jan 202134150.412.81$17,190
Dec 202034044.642.68$15,178
Nov 202016738.772.71$6,475
Oct 202016336.972.48$6,026
Sep 202023337.091.99$8,642
Aug 202015939.982.39$6,357
Jul 202016438.371.83$6,293
Jun 202034034.901.69$11,866
May 202016516.921.81$2,792
Apr 202032714.751.80$4,823
Mar 202017030.341.86$5,158
Feb 202050149.881.98$24,990
Jan 202050957.252.09$29,140
Dec 201916659.012.30$9,796
Nov 201950455.302.75$27,871
Oct 201917253.472.42$9,197
Sep 201916755.052.66$9,193
Aug 2019053.112.30$0
Jul 201934256.272.46$19,244
Jun 201916952.782.49$8,920
May 201917758.482.74$10,351
Apr 2019062.632.75$0
Mar 201948156.803.06$27,321
Feb 201952250.852.79$26,544
Jan 2019046.033.23$0
Dec 201834846.594.19$16,213
Nov 201817352.934.24$9,157
Oct 201834361.443.40$21,074
Sep 201817859.543.11$10,598
Aug 201833959.403.07$20,137
Jul 201827865.142.93$18,109
Jun 201817660.183.08$10,592
May 201817365.382.90$11,311
Apr 201817363.842.90$11,044
Mar 201834961.222.79$21,366
Feb 2018061.782.77$0
Jan 201817062.874.01$10,688
Dec 201716957.272.92$9,679
Nov 201735955.423.12$19,896
Oct 201717049.292.98$8,379
Sep 201724447.523.09$11,595
Aug 201731845.373.00$14,428
Jul 201733243.873.09$14,565
Jun 201734742.493.09$14,744
May 201740545.373.26$18,375
Apr 201734647.933.21$16,584
Mar 201725346.772.98$11,833
Feb 201734050.452.95$17,153
Jan 201749849.413.42$24,606
Dec 201634048.763.72$16,578
Nov 201645842.492.64$19,460
Oct 201648446.193.09$22,356
Sep 201634141.553.10$14,169
Aug 201650941.442.92$21,093
Jul 201638741.622.92$16,107
Jun 201663745.352.69$28,888
May 201651542.521.99$21,898
Apr 201651636.561.99$18,865
Mar 201650633.011.79$16,703
Feb 201650526.472.06$13,367
Jan 201650927.352.36$13,921
Dec 201550532.362.00$16,342
Nov 201551138.792.17$19,822
Oct 201551043.552.43$22,211
Sep 201549542.992.76$21,280
Aug 201550840.162.87$20,401
Jul 201550648.152.95$24,364
Jun 201565956.152.88$37,003
May 201533855.212.96$18,661
Apr 201550949.822.71$25,358
Mar 201552142.892.93$22,346
Feb 201550544.662.98$22,553
Jan 201574043.433.10$32,138
Dec 201452154.693.59$28,493
Nov 201452070.464.25$36,639
Oct 201468978.303.90$53,949
Sep 201450486.164.05$43,425
Aug 201468589.394.04$61,232
Jul 201450696.564.18$48,859
Jun 201467098.164.74$65,767
May 201485494.734.73$80,899
Apr 201476395.944.81$73,202
Mar 201466595.895.06$63,767
Feb 201474397.406.19$72,368
Jan 201473990.404.86$66,806
Dec 201383391.824.35$76,486
Nov 20131,01788.853.74$90,360
Oct 201391197.423.78$88,750
Sep 2013830104.113.72$86,411
Aug 2013839104.253.52$87,466
Jul 20131,010102.523.72$103,545
Jun 20131,01794.403.93$96,005
May 20131,16894.834.15$110,761
Apr 20131,00093.964.28$93,960
Mar 20131,52993.623.91$143,145
Feb 20131,36291.233.42$124,255
Jan 20131,37191.603.42$125,584
Dec 20121,56986.773.42$136,142
Nov 201269086.953.62$59,996
Oct 201283889.383.40$74,900
Sep 201252094.672.92$49,228
Aug 201287992.662.91$81,448
Jul 201269885.133.02$59,421
Jun 201268379.822.52$54,517
May 201291391.612.49$83,640
Apr 20121,044101.652.00$106,123
Mar 20121,222105.052.22$128,371
Feb 2012508101.102.57$51,359
Jan 201234098.092.73$33,351
Dec 201151696.873.24$49,985
Nov 201134195.723.31$32,641
Oct 201151684.983.65$43,850
Sep 201133783.623.99$28,180
Aug 201133783.404.15$28,106
Jul 201134694.144.52$32,572
Jun 201134492.904.64$31,958
May 201134698.134.40$33,953
Apr 2011173105.964.33$18,331
Mar 201134596.364.06$33,244
Feb 201134785.644.18$29,717
Jan 201134686.504.59$29,929
Dec 201033985.734.35$29,062
Nov 201033980.843.80$27,405
Oct 201034478.103.51$26,866
Sep 201034172.633.98$24,767
Aug 201034073.684.42$25,051
Jul 201033972.554.74$24,594
Jun 201034370.364.91$24,133
May 201034271.124.24$24,323
Apr 201035681.694.12$29,082
Mar 201051578.394.39$40,371
Feb 201018273.585.44$13,392
Jan 201033974.365.96$25,208
Dec 200934271.445.48$24,432
Nov 200951174.593.75$38,115
Oct 200951072.544.11$36,995
Sep 200969465.543.06$45,485
Aug 200968467.423.22$46,115
Jul 20091,03661.133.46$63,331
Jun 2009066.163.90$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.

Apr 2026 — as filed, then multipliedworked
Oil                  509 bbl  × $ 98.93 =    $50,355

────────────────────────────────────────────────────
Month total                                  $50,355

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/31435 is the state's own key, not one this site invented.