WAGGONER, W. T., EST. -A-

Operated by FINNELL OPERATING, LLC (P-5 103981) in the WICHITA COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5198District 09Field 97155001OilCasinghead gasSaveExport
Value, all time
$759 k
Jan 1993 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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 1,994 leases and 19,278 wells, and the rule below applies to all of them.

Discovered
1910-12-31
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

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
OilDisposition17,674 bbl$759,355
Casinghead gasProduction27 Mcf$0
Total$759,355

27 Mcf of this lease's gas, across 27 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (18)

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 33.9585, -98.9059. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.95887, -98.90625 · 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
55.6%
10 of 18 wells
With a plug date
50.0%
9 of 18 wells
Median depth
1,587 ft
12 wells filed one
Completion to plug
37.7 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
1055.6%
A plug date is filed
950.0%
BothOn the schedule and plugged. Neither fact cancels the other.
950.0%
NeitherNo plug date, and not on the schedule.
844.4%

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, 12 of 18 wells. Median 1,587 ft, with the middle half between 1,353 and 1,903 ft; the shallowest is 404 ft and the deepest 2,004 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, 7 of 18 wells, Feb 1949 – Mar 1985. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 1949 – Mar 1985
7 of 18 wells; 11 filed none
Plug dates filed
Mar 1948 – Dec 2021
9 of 18 wells; 9 filed none

Last completion to plug: a median of 37.7 years across the 4 wells that filed both dates, with the middle half between 33.0 years and 47.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

18 wells

42-4851499911726 ftNov 1996Yes
42-4858211912,000 ftNov 2019Yes
42-485821215404 ftDec 2018Yes
42-4858212382,004 ftMar 1948Yes
42-48582124101,554 ftDec 2021Yes
42-4858212612Yes
42-4853006722
42-4853082723
42-485821204
42-4858212819
42-4858212921
42-48540308301,850 ftMar 1985
42-4858212261,560 ftNov 1984Dec 2016Yes
42-48539994291,870 ftOct 1984Jan 2018Yes
42-48539886271,000 ftAug 1984
42-48535959251,471 ftDec 1979Dec 2021Yes
42-48535696242,000 ftSep 1979
42-48582127141,614 ftFeb 1949Mar 2014Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202637063.503.75$2,350
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202536058.593.93$2,109
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202547066.743.32$3,137
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202527067.704.27$1,828
Feb 202534070.884.34$2,410
Jan 20250074.324.28$0
Dec 202450068.993.12$3,450
Nov 20240069.052.20$0
Oct 202442071.372.28$2,998
Sep 202464069.612.36$4,455
Aug 202456075.632.06$4,235
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 202449084.451.66$4,138
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202447073.023.30$3,432
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202334085.443.09$2,905
Sep 20230089.042.74$0
Aug 202337080.522.67$2,979
Jul 20230074.852.64$0
Jun 202339068.962.26$2,689
May 20230070.622.23$0
Apr 202397078.122.24$7,578
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 2022119087.185.86$10,374
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 2022560115.097.98$6,445
May 202200109.378.43$0
Apr 2022850104.226.84$8,859
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 202235081.844.54$2,864
Dec 20210071.323.90$0
Nov 202158077.435.24$4,491
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021160066.024.22$10,563
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 202050038.772.71$1,939
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 202047039.982.39$1,879
Jul 202075038.371.83$2,878
Jun 20200034.901.69$0
May 2020105016.921.81$1,777
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 202071049.881.98$3,541
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 201964053.472.42$3,422
Sep 20190055.052.66$0
Aug 201996053.112.30$5,099
Jul 20190056.272.46$0
Jun 201978052.782.49$4,117
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019104056.803.06$5,907
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 201859052.934.24$3,123
Oct 20180061.443.40$0
Sep 201876059.543.11$4,525
Aug 201852059.403.07$3,089
Jul 20180065.142.93$0
Jun 201874060.183.08$4,453
May 20180065.382.90$0
Apr 201851063.842.90$3,256
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201873062.874.01$4,590
Dec 20170057.272.92$0
Nov 201747055.423.12$2,605
Oct 201770049.292.98$3,450
Sep 20170047.523.09$0
Aug 201730045.373.00$1,361
Jul 20170043.873.09$0
Jun 201743042.493.09$1,827
May 20170045.373.26$0
Apr 201764047.933.21$3,068
Mar 201785046.772.98$3,975
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 201676042.492.64$3,229
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 201678041.442.92$3,232
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016116042.521.99$4,932
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201534032.362.00$1,100
Nov 20150038.792.17$0
Oct 201539043.552.43$1,698
Sep 201550042.992.76$2,150
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201584056.152.88$4,717
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201590042.892.93$3,860
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201466054.693.59$3,610
Nov 20140070.464.25$0
Oct 201432078.303.90$2,506
Sep 201479086.164.05$6,807
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 201440098.164.74$3,926
May 201444094.734.73$4,168
Apr 201431095.944.81$2,974
Mar 201430095.895.06$2,877
Feb 20140097.406.19$0
Jan 201446090.404.86$4,158
Dec 201347091.824.35$4,316
Nov 201337088.853.74$3,287
Oct 201350097.423.78$4,871
Sep 201300104.113.72$0
Aug 2013830104.253.52$8,653
Jul 201300102.523.72$0
Jun 201338094.403.93$3,587
May 201377094.834.15$7,302
Apr 20130093.964.28$0
Mar 201394093.623.91$8,800
Feb 201337091.233.42$3,376
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 201239086.953.62$3,391
Oct 201245089.383.40$4,022
Sep 201239094.672.92$3,692
Aug 201246092.662.91$4,262
Jul 20120085.133.02$0
Jun 201277079.822.52$6,146
May 20120091.612.49$0
Apr 2012370101.652.00$3,761
Mar 2012520105.052.22$5,463
Feb 2012470101.102.57$4,752
Jan 201236098.092.73$3,531
Dec 201160096.873.24$5,812
Nov 201143095.723.31$4,116
Oct 20110084.983.65$0
Sep 201141083.623.99$3,428
Aug 201139083.404.15$3,253
Jul 201136094.144.52$3,389
Jun 201145092.904.64$4,181
May 201178098.134.40$7,654
Apr 201100105.964.33$0
Mar 201138096.364.06$3,662
Feb 201135085.644.18$2,997
Jan 201135086.504.59$3,028
Dec 201095085.734.35$8,144
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201026073.684.42$1,916
Jul 201043072.554.74$3,120
Jun 201069070.364.91$4,855
May 20100071.124.24$0
Apr 201075081.694.12$6,127
Mar 20100078.394.39$0
Feb 2010127073.585.44$9,345
Jan 20100074.365.96$0
Dec 200986071.445.48$6,144
Nov 20090074.593.75$0
Oct 200936072.544.11$2,611
Sep 200957065.543.06$3,736
Aug 200950067.423.22$3,371
Jul 200959061.133.46$3,607
Jun 200973066.163.90$4,830
May 20090054.743.93$0
Apr 200951046.773.59$2,385
Mar 200940042.144.06$1,686
Feb 200946032.814.63$1,509
Jan 20090035.865.37$0
Dec 200898037.105.98$3,636
Nov 20080055.496.86$0
Oct 200844075.246.92$3,311
Sep 2008500101.767.88$5,088
Aug 2008610114.228.48$6,967
Jul 2008360131.0811.39$4,719
Jun 2008400131.3313.03$5,253
May 2008450123.1711.57$5,543
Apr 2008510110.3110.45$5,626
Mar 2008530101.909.66$5,401
Feb 200849092.538.77$4,534
Jan 200843090.388.21$3,886
Dec 200755088.337.30$4,858
Nov 200755091.677.29$5,042
Oct 200765082.856.92$5,385
Sep 200756075.846.24$4,247
Aug 20070069.066.39$0
Jul 200772070.906.39$5,105
Jun 200750062.007.55$3,100
May 20070058.747.85$0
Apr 200750059.617.81$2,981
Mar 200752056.927.30$2,960
Feb 2007175055.108.22$9,643
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006101054.207.62$5,474
Oct 20060054.906.01$0
Sep 200652060.085.04$3,124
Aug 20060068.717.34$0
Jul 200653069.376.34$3,677
Jun 200647066.286.38$3,115
May 200676066.016.42$5,017
Apr 200644064.397.36$2,833
Mar 200661056.707.08$3,459
Feb 20060057.597.75$0
Jan 200659060.598.93$3,575
Dec 200568054.9413.42$3,736
Nov 200565054.6910.59$3,555
Oct 2005107058.3413.80$6,242
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 200565055.697.84$3,620
Jun 200552052.337.38$2,721
May 200598045.226.65$4,432
Apr 200561049.207.36$3,001
Mar 20050050.377.15$0
Feb 2005124045.226.31$5,607
Jan 20050043.166.32$0
Dec 2004116039.866.75$4,624
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 200478043.245.28$3,373
Aug 200487042.375.55$3,686
Jul 200479038.286.08$3,024
Jun 200452036.106.43$1,877
May 200462037.486.49$2,324
Apr 2004101034.475.86$3,481
Mar 2004187034.365.53$6,425
Feb 200492032.455.51$2,985
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 200322028.804.60$634
Oct 200355028.174.76$1,549
Sep 20030026.314.75$0
Aug 2003102029.765.13$3,036
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 200361026.675.41$1,627
Mar 20030031.146.10$0
Feb 200344033.487.93$1,473
Jan 20030030.315.58$0
Dec 200283026.914.85$2,234
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 200247025.963.16$1,220
Jul 20020024.583.06$0
Jun 200250023.733.34$1,187
May 20020024.663.58$0
Apr 2002132023.653.51$3,122
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 200256017.172.38$962
Dec 200155016.932.36$931
Nov 200171018.072.41$1,283
Oct 2001104019.782.53$2,057
Sep 20010024.262.25$0
Aug 200193024.873.05$2,313
Jul 20010023.933.20$0
Jun 200168024.563.82$1,670
May 200177025.524.31$1,965
Apr 20010024.685.34$0
Mar 2001109024.545.38$2,675
Feb 20010027.755.77$0
Jan 2001114027.478.40$3,132
Dec 20000026.889.12$0
Nov 200062032.215.66$1,997
Oct 20000031.235.15$0
Sep 200062031.875.19$1,976
Aug 200081029.644.54$2,401
Jul 200030028.534.09$856
Jun 2000115029.304.40$3,370
May 20000027.263.68$0
Apr 200063024.513.12$1,544
Mar 20000028.422.86$0
Feb 200089027.622.73$2,458
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999116023.192.43$2,690
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 199950019.262.88$963
Jul 199978017.892.37$1,395
Jun 199991015.942.36$1,451
May 19990015.792.32$0
Apr 199963015.102.21$951
Mar 199978012.471.84$973
Feb 199910609.981.82$1,058
Jan 1999122010.381.90$1,266
Dec 1998009.201.77$0
Nov 1998118010.892.19$1,285
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 1998125011.301.91$1,413
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 1998120012.622.21$1,514
Apr 19980013.042.51$0
Mar 1998126012.802.31$1,613
Feb 19980013.952.30$0
Jan 1998112014.702.15$1,646
Dec 1997124016.322.41$2,024
Nov 1997134018.193.09$2,437
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 1997128017.582.25$2,250
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 1997122017.882.08$2,181
Mar 19970018.951.94$0
Feb 1997132020.492.21$2,705
Jan 19970023.483.54$0
Dec 1996134023.32$3,125
Nov 1996130021.97$2,856
Oct 19960023.31$0
Sep 19960022.22$0
Aug 1996134020.26$2,715
Jul 1996128019.55$2,502
Jun 19960018.73$0
May 1996122019.43$2,370
Apr 1996126021.51$2,710
Mar 199699019.38$1,919
Feb 1996123016.98$2,089
Jan 1996118017.07$2,014
Dec 19950017.19$0
Nov 1995241016.00$3,856
Oct 1995124015.43$1,913
Sep 1995125016.18$2,023
Aug 1995128015.92$2,038
Jul 1995128015.24$1,951
Jun 1995259016.41$4,250
May 19950017.56$0
Apr 199575117.73$1,330
Mar 1995125116.44$2,055
Feb 1995125116.58$2,073
Jan 1995131115.92$2,086
Dec 1994127115.03$1,909
Nov 1994252115.90$4,007
Oct 19940115.58$0
Sep 19940115.29$0
Aug 1994125116.13$2,016
Jul 19940017.56$0
Jun 1994127117.09$2,170
May 1994125115.88$1,985
Apr 1994127114.14$1,796
Mar 1994266112.46$3,314
Feb 19940112.50$0
Jan 1994258112.66$3,266
Dec 19930112.33$0
Nov 19930114.49$0
Oct 19930115.85$0
Sep 1993124115.03$1,864
Aug 1993128115.66$2,004
Jul 19930115.46$0
Jun 1993128116.79$2,149
May 1993252117.68$4,455
Apr 1993127118.05$2,292
Mar 19930118.14$0
Feb 19930117.90$0
Jan 1993134116.93$2,269

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.

Feb 2026 — as filed, then multipliedworked
Oil                   37 bbl  × $ 63.50 =     $2,350
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                   $2,350

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/5198 is the state's own key, not one this site invented.