WAGGONER ABC

Operated by WAGGONER OPERATING, L.L.C. (P-5 102117) in the WILBARGER COUNTY (SPECIAL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34240District 09Field 97331050OilSaveExport
Value, all time
$1.4 M
Feb 2023 – May 2026
Value, last 12 filed months
$467 k
at the published price for each month
Months reported
40
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 20 leases and 511 wells, and the rule below applies to all of them.

Discovered
1982-07-01
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
300 ft
minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 1984-12-10.

The Commission's schedule remark for this field reads: WAGGONER MINNAS CREEK A LEASE EFF 08/24/2016.

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
OilDisposition19,636 bbl$1,432,720
Total$1,432,720

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 33.9804, -99.1489. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.98081, -99.14816 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
3,205 ft
4 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.
4100.0%

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 2,700 and 3,650 ft, median 3,205 ft, over the 4 wells that filed a depth.

Completions filed
Feb 2023 – Jul 2024
4 of 4 wells

4 wells

42-487333803132,700 ftJul 2024
42-487333813142,785 ftMay 2024
42-487332833123,650 ftFeb 2023
42-487332823113,625 ftFeb 2023

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 (40)

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

40 months

May 2026539106.413.05$57,355
Apr 202652698.932.87$52,037
Mar 202639989.753.15$35,810
Feb 202654163.503.75$34,354
Jan 202639259.138.00$23,179
Dec 202554056.664.41$30,596
Nov 202553758.593.93$31,463
Oct 202559959.383.30$35,569
Sep 202562762.743.08$39,338
Aug 202562163.933.01$39,701
Jul 202563066.743.32$42,046
Jun 202567866.483.13$45,073
May 202552660.553.23$31,849
Apr 202568062.363.54$42,405
Mar 202528467.704.27$19,227
Feb 202542070.884.34$29,770
Jan 202551674.324.28$38,349
Dec 202467468.993.12$46,499
Nov 202453569.052.20$36,942
Oct 202453871.372.28$38,397
Sep 202452669.612.36$36,615
Aug 202435975.632.06$27,151
Jul 202451279.932.15$40,924
Jun 202433778.082.63$26,313
May 202452678.812.20$41,454
Apr 202434884.451.66$29,389
Mar 202436780.301.55$29,470
Feb 202452976.091.78$40,252
Jan 202433573.023.30$24,462
Dec 202336371.262.61$25,867
Nov 202369377.892.81$53,978
Oct 202331885.443.09$27,170
Sep 202366589.042.74$59,212
Aug 202332980.522.67$26,491
Jul 202399574.852.64$74,476
Jun 202333268.962.26$22,895
May 202365570.622.23$46,256
Apr 202364578.122.24$50,387
Mar 2023072.852.39$0
Feb 2023075.112.47$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                  539 bbl  × $106.41 =    $57,355

────────────────────────────────────────────────────
Month total                                  $57,355

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/34240 is the state's own key, not one this site invented.