WAGGONER BROTHERS

Operated by NEWPORT OPERATING, LLC (P-5 607883) 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 32984District 09Field 47902001OilSaveExport
Value, all time
$173 k
Sep 2012 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
165
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
OilDisposition3,136 bbl$172,958
Total$172,958

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 33.9343, -98.8499. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.93433, -98.84987 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,937 ft
1 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.
1100.0%

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 3,937 ft.

Completions filed
Feb 2011
1 of 1 wells

1 well

42-4854498513,937 ftFeb 2011

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 (165)

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

165 months

May 20268106.413.05$851
Apr 2026898.932.87$791
Mar 2026889.753.15$718
Feb 20261763.503.75$1,080
Jan 2026059.138.00$0
Dec 2025856.664.41$453
Nov 2025958.593.93$527
Oct 2025859.383.30$475
Sep 20251762.743.08$1,067
Aug 2025863.933.01$511
Jul 2025966.743.32$601
Jun 20251666.483.13$1,064
May 20251760.553.23$1,029
Apr 2025962.363.54$561
Mar 20251767.704.27$1,151
Feb 2025970.884.34$638
Jan 20251674.324.28$1,189
Dec 20241768.993.12$1,173
Nov 2024969.052.20$621
Oct 2024971.372.28$642
Sep 20241769.612.36$1,183
Aug 20241775.632.06$1,286
Jul 2024979.932.15$719
Jun 20241778.082.63$1,327
May 20241778.812.20$1,340
Apr 20241784.451.66$1,436
Mar 20241880.301.55$1,445
Feb 2024976.091.78$685
Jan 2024873.023.30$584
Dec 20231071.262.61$713
Nov 20232777.892.81$2,103
Oct 20232585.443.09$2,136
Sep 2023089.042.74$0
Aug 20232580.522.67$2,013
Jul 2023974.852.64$674
Jun 20232668.962.26$1,793
May 20231770.622.23$1,201
Apr 20231778.122.24$1,328
Mar 20231772.852.39$1,238
Feb 20231775.112.47$1,277
Jan 2023876.533.39$612
Dec 20221776.415.73$1,299
Nov 20221785.005.65$1,445
Oct 2022987.185.86$785
Sep 20221784.888.16$1,443
Aug 20221794.529.13$1,607
Jul 20229101.587.54$914
Jun 202217115.097.98$1,957
May 202217109.378.43$1,859
Apr 20229104.226.84$938
Mar 202226108.885.08$2,831
Feb 20221791.054.86$1,548
Jan 20221781.844.54$1,391
Dec 2021871.323.90$571
Nov 20211777.435.24$1,316
Oct 20211779.795.71$1,356
Sep 20211669.865.35$1,118
Aug 20211866.024.22$1,188
Jul 20212570.783.98$1,770
Jun 2021969.493.38$625
May 20213463.483.02$2,158
Apr 20211760.362.76$1,026
Mar 20211761.302.72$1,042
Feb 20211757.805.55$983
Jan 20212650.412.81$1,311
Dec 20202544.642.68$1,116
Nov 20201738.772.71$659
Oct 20201736.972.48$628
Sep 20202637.091.99$964
Aug 20202539.982.39$1,000
Jul 20202538.371.83$959
Jun 20201734.901.69$593
May 2020816.921.81$135
Apr 20201714.751.80$251
Mar 20203430.341.86$1,032
Feb 20201749.881.98$848
Jan 20202657.252.09$1,489
Dec 20192659.012.30$1,534
Nov 20192555.302.75$1,383
Oct 20193453.472.42$1,818
Sep 20191755.052.66$936
Aug 20192553.112.30$1,328
Jul 20192556.272.46$1,407
Jun 20192652.782.49$1,372
May 20192658.482.74$1,520
Apr 20193462.632.75$2,129
Mar 20191756.803.06$966
Feb 20193450.852.79$1,729
Jan 20192546.033.23$1,151
Dec 20183446.594.19$1,584
Nov 20183452.934.24$1,800
Oct 20181761.443.40$1,044
Sep 20182559.543.11$1,489
Aug 20183259.403.07$1,901
Jul 20183365.142.93$2,150
Jun 20182460.183.08$1,444
May 20183465.382.90$2,223
Apr 20182663.842.90$1,660
Mar 20182661.222.79$1,592
Feb 20182661.782.77$1,606
Jan 20183562.874.01$2,200
Dec 20172657.272.92$1,489
Nov 20173455.423.12$1,884
Oct 20173549.292.98$1,725
Sep 20172547.523.09$1,188
Aug 20172645.373.00$1,180
Jul 20173543.873.09$1,535
Jun 20173542.493.09$1,487
May 20173445.373.26$1,543
Apr 20172647.933.21$1,246
Mar 20173546.772.98$1,637
Feb 20173450.452.95$1,715
Jan 20173449.413.42$1,680
Dec 20164448.763.72$2,145
Nov 20165242.492.64$2,209
Oct 20163546.193.09$1,617
Sep 20163541.553.10$1,454
Aug 20165241.442.92$2,155
Jul 20164341.622.92$1,790
Jun 20165245.352.69$2,358
May 20165242.521.99$2,211
Apr 20165136.561.99$1,865
Mar 20166933.011.79$2,278
Feb 20165026.472.06$1,324
Jan 20166827.352.36$1,860
Dec 20158432.362.00$2,718
Nov 20157838.792.17$3,026
Oct 20156943.552.43$3,005
Sep 20155342.992.76$2,278
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$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.

May 2026 — as filed, then multipliedworked
Oil                    8 bbl  × $106.41 =       $851

────────────────────────────────────────────────────
Month total                                     $851

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/32984 is the state's own key, not one this site invented.