WAGGONER 4N1

Operated by COVENANT OPERATING, LLC (P-5 182800) 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 33071District 09Field 97331001OilSaveExport
Value, all time
$2.5 M
Oct 2014 – May 2026
Value, last 12 filed months
$190 k
at the published price for each month
Months reported
140
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 583 leases and 3,789 wells, and the rule below applies to all of them.

Discovered
1915-12-31
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

The Commission's schedule remark for this field reads: THAN 5000FT BR ASSIGNED TO THIS FIELD

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
OilDisposition42,523 bbl$2,547,265
Total$2,547,265

Wells on this lease (9)

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 33.9764, -99.0329. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

33.97546, -99.03620 · 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
11.1%
1 of 9 wells
With a plug date
22.2%
2 of 9 wells
Median depth
2,481 ft
9 wells filed one
Completion to plug
12 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
111.1%
A plug date is filed
222.2%
BothOn the schedule and plugged. Neither fact cancels the other.
111.1%
NeitherNo plug date, and not on the schedule.
777.8%

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

Total depth in feet, 9 of 9 wells. Median 2,481 ft, with the middle half between 1,999 and 2,513 ft; the shallowest is 1,841 ft and the deepest 2,532 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 9 of 9 wells, Oct 2014 – Oct 2019. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 2014 – Oct 2019
9 of 9 wells
Plug dates filed
Apr 2014 – Jan 2019
2 of 9 wells; 7 filed none

Last completion to plug: a median of 12 months across the 1 well that filed both dates, with the middle half between 12 months and 12 months. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

9 wells

42-48733195112,513 ftOct 2019
42-48733174102,515 ftApr 2019
42-4873317392,502 ftFeb 2019
42-4873314481,999 ftJan 2018Jan 2019Yes
42-4873311971,999 ftJun 2017
42-4873300019EL2,532 ftAug 2016Apr 2014
42-4873307761,841 ftOct 2015
42-4873305241,858 ftDec 2014
42-4873302712,481 ftOct 2014

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 (140)

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

140 months

May 2026168106.413.05$17,877
Apr 202616798.932.87$16,521
Mar 202621389.753.15$19,117
Feb 202628863.503.75$18,288
Jan 202616559.138.00$9,756
Dec 202529056.664.41$16,431
Nov 202516958.593.93$9,902
Oct 202516459.383.30$9,738
Sep 202528362.743.08$17,755
Aug 202532663.933.01$20,841
Jul 202516766.743.32$11,146
Jun 202533666.483.13$22,337
May 202516960.553.23$10,233
Apr 202517362.363.54$10,788
Mar 202534667.704.27$23,424
Feb 202517670.884.34$12,475
Jan 202535174.324.28$26,086
Dec 202419568.993.12$13,453
Nov 202417669.052.20$12,153
Oct 202436471.372.28$25,979
Sep 202417469.612.36$12,112
Aug 202435275.632.06$26,622
Jul 202418079.932.15$14,387
Jun 202434978.082.63$27,250
May 202417378.812.20$13,634
Apr 202436984.451.66$31,162
Mar 202416680.301.55$13,330
Feb 202436176.091.78$27,468
Jan 202418673.023.30$13,582
Dec 202335771.262.61$25,440
Nov 202335777.892.81$27,807
Oct 202316585.443.09$14,098
Sep 202333089.042.74$29,383
Aug 202331880.522.67$25,605
Jul 202332974.852.64$24,626
Jun 202332968.962.26$22,688
May 202332970.622.23$23,234
Apr 202350178.122.24$39,138
Mar 202333372.852.39$24,259
Feb 202332975.112.47$24,711
Jan 202332876.533.39$25,102
Dec 202233276.415.73$25,368
Nov 202248485.005.65$41,140
Oct 202233187.185.86$28,857
Sep 202249184.888.16$41,676
Aug 202248694.529.13$45,937
Jul 2022323101.587.54$32,810
Jun 2022327115.097.98$37,634
May 2022475109.378.43$51,951
Apr 2022320104.226.84$33,350
Mar 2022329108.885.08$35,822
Feb 202216491.054.86$14,932
Jan 202216581.844.54$13,504
Dec 202132771.323.90$23,322
Nov 202116777.435.24$12,931
Oct 2021079.795.71$0
Sep 202116669.865.35$11,597
Aug 202132266.024.22$21,258
Jul 202148570.783.98$34,328
Jun 202116269.493.38$11,257
May 202132063.483.02$20,314
Apr 202131560.362.76$19,013
Mar 202132161.302.72$19,677
Feb 202131557.805.55$18,207
Jan 202131750.412.81$15,980
Dec 202048944.642.68$21,829
Nov 202031338.772.71$12,135
Oct 202020336.972.48$7,505
Sep 202032137.091.99$11,906
Aug 202015839.982.39$6,317
Jul 202032338.371.83$12,394
Jun 202031834.901.69$11,098
May 202031816.921.81$5,381
Apr 202048514.751.80$7,154
Mar 202032030.341.86$9,709
Feb 202048049.881.98$23,942
Jan 202047757.252.09$27,308
Dec 201948159.012.30$28,384
Nov 201964355.302.75$35,558
Oct 201964153.472.42$34,274
Sep 201933055.052.66$18,167
Aug 201916853.112.30$8,922
Jul 201932356.272.46$18,175
Jun 201932252.782.49$16,995
May 201932158.482.74$18,772
Apr 201950962.632.75$31,879
Mar 201916656.803.06$9,429
Feb 201917750.852.79$9,000
Jan 201917546.033.23$8,055
Dec 201816846.594.19$7,827
Nov 201816952.934.24$8,945
Oct 201816761.443.40$10,260
Sep 201816859.543.11$10,003
Aug 201816659.403.07$9,860
Jul 201816165.142.93$10,488
Jun 201816860.183.08$10,110
May 201816665.382.90$10,853
Apr 201817063.842.90$10,853
Mar 201832861.222.79$20,080
Feb 201817161.782.77$10,564
Jan 201816762.874.01$10,499
Dec 201716357.272.92$9,335
Nov 201716055.423.12$8,867
Oct 201733949.292.98$16,709
Sep 201717047.523.09$8,078
Aug 201716645.373.00$7,531
Jul 201733843.873.09$14,828
Jun 201717142.493.09$7,266
May 201717045.373.26$7,713
Apr 201716747.933.21$8,004
Mar 201733646.772.98$15,715
Feb 201717550.452.95$8,829
Jan 201716649.413.42$8,202
Dec 201616348.763.72$7,948
Nov 201633842.492.64$14,362
Oct 201616646.193.09$7,668
Sep 201633241.553.10$13,795
Aug 201632641.442.92$13,509
Jul 201616641.622.92$6,909
Jun 201616545.352.69$7,483
May 201616442.521.99$6,973
Apr 201633136.561.99$12,101
Mar 201632633.011.79$10,761
Feb 201633626.472.06$8,894
Jan 201648227.352.36$13,183
Dec 201547932.362.00$15,500
Nov 201549938.792.17$19,356
Oct 201548843.552.43$21,252
Sep 201565542.992.76$28,158
Aug 201580340.162.87$32,248
Jul 201565348.152.95$31,442
Jun 201549256.152.88$27,626
May 201549555.212.96$27,329
Apr 201548049.822.71$23,914
Mar 201565342.892.93$28,007
Feb 201532844.662.98$14,648
Jan 201565843.433.10$28,577
Dec 201449254.693.59$26,907
Nov 201445770.464.25$32,200
Oct 2014078.303.90$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.

May 2026 — as filed, then multipliedworked
Oil                  168 bbl  × $106.41 =    $17,877

────────────────────────────────────────────────────
Month total                                  $17,877

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/33071 is the state's own key, not one this site invented.