WAGGONER "PG"

Operated by PARADIGM EXPLORATION COMPANY (P-5 638908) in the PARADISE (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6861District 09Field 69077400OilCasinghead gasSaveExport
Value, all time
$2.0 M
Jan 1993 – Mar 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
278
1 month not filed
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 7 leases and 37 wells, and the rule below applies to all of them.

Discovered
1955-08-02
as the register files it
Field class
Oil
the register's own label
Between wells
933 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
OilDisposition50,406 bbl$1,979,597
Casinghead gasProduction21 Mcf$0
Total$1,979,597

21 Mcf of this lease's gas, across 21 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 (3)

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 33.9399, -99.2040. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.93961, -99.20385 · 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
66.7%
2 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
4,650 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
133.3%

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 4,638 and 4,652 ft, median 4,650 ft, over the 3 wells that filed a depth.

Completions filed
Oct 1994 – Nov 2014
2 of 3 wells; 1 filed none
Plug dates filed
Sep 2014
1 of 3 wells; 2 filed none

3 wells

42-4870345324,650 ftSep 2014Yes
42-4878137814,652 ftNov 2014Yes
42-4878337744,638 ftOct 1994

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 (278)

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

278 months

Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201476086.164.05$6,548
Aug 20140089.394.04$0
Jul 2014161096.564.18$15,546
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014163097.406.19$15,876
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013166088.853.74$14,749
Oct 2013167097.423.78$16,269
Sep 201300104.113.72$0
Aug 20131670104.253.52$17,410
Jul 20131670102.523.72$17,121
Jun 2013164094.403.93$15,482
May 2013164094.834.15$15,552
Apr 2013167093.964.28$15,691
Mar 2013171093.623.91$16,009
Feb 2013169091.233.42$15,418
Jan 20130091.603.42$0
Dec 2012174086.773.42$15,098
Nov 2012167086.953.62$14,521
Oct 2012169089.383.40$15,105
Sep 2012169094.672.92$15,999
Aug 2012169092.662.91$15,660
Jul 20120085.133.02$0
Jun 2012170079.822.52$13,569
May 2012167091.612.49$15,299
Apr 20121670101.652.00$16,976
Mar 20121710105.052.22$17,964
Feb 201200101.102.57$0
Jan 2012173098.092.73$16,970
Dec 2011175096.873.24$16,952
Nov 2011168095.723.31$16,081
Oct 2011168084.983.65$14,277
Sep 2011171083.623.99$14,299
Aug 2011166083.404.15$13,844
Jul 2011166094.144.52$15,627
Jun 2011167092.904.64$15,514
May 2011166098.134.40$16,290
Apr 20111670105.964.33$17,695
Mar 2011172096.364.06$16,574
Feb 2011167085.644.18$14,302
Jan 2011165086.504.59$14,273
Dec 2010163085.734.35$13,974
Nov 2010167080.843.80$13,500
Oct 20100078.103.51$0
Sep 2010166072.633.98$12,057
Aug 2010164073.684.42$12,084
Jul 2010166072.554.74$12,043
Jun 2010166070.364.91$11,680
May 2010165071.124.24$11,735
Apr 2010171081.694.12$13,969
Mar 2010168078.394.39$13,170
Feb 2010166073.585.44$12,214
Jan 2010165074.365.96$12,269
Dec 20090071.445.48$0
Nov 2009172074.593.75$12,829
Oct 2009164072.544.11$11,897
Sep 2009164065.543.06$10,749
Aug 2009162067.423.22$10,922
Jul 2009170061.133.46$10,392
Jun 20090066.163.90$0
May 2009331054.743.93$18,119
Apr 20090046.773.59$0
Mar 2009331042.144.06$13,948
Feb 2009176032.814.63$5,775
Jan 2009167035.865.37$5,989
Dec 20080037.105.98$0
Nov 2008169055.496.86$9,378
Oct 2008170075.246.92$12,791
Sep 200800101.767.88$0
Aug 20081720114.228.48$19,646
Jul 20081720131.0811.39$22,546
Jun 20081700131.3313.03$22,326
May 200800123.1711.57$0
Apr 20081700110.3110.45$18,753
Mar 20081720101.909.66$17,527
Feb 2008168092.538.77$15,545
Jan 2008169090.388.21$15,274
Dec 2007168088.337.30$14,839
Nov 20070091.677.29$0
Oct 2007168082.856.92$13,919
Sep 2007166075.846.24$12,589
Aug 2007169069.066.39$11,671
Jul 2007327070.906.39$23,184
Jun 20070062.007.55$0
May 2007172058.747.85$10,103
Apr 2007340059.617.81$20,267
Mar 20070056.927.30$0
Feb 2007169055.108.22$9,312
Jan 2007172050.306.73$8,652
Dec 2006173056.656.92$9,800
Nov 2006170054.207.62$9,214
Oct 2006171054.906.01$9,388
Sep 2006172060.085.04$10,334
Aug 2006168068.717.34$11,543
Jul 2006172069.376.34$11,932
Jun 2006342066.286.38$22,668
May 20060066.016.42$0
Apr 2006166064.397.36$10,689
Mar 2006171056.707.08$9,696
Feb 2006169057.597.75$9,733
Jan 2006167060.598.93$10,119
Dec 2005162054.9413.42$8,900
Nov 2005333054.6910.59$18,212
Oct 20050058.3413.80$0
Sep 2005166061.4512.08$10,201
Aug 2005166061.519.80$10,211
Jul 2005167055.697.84$9,300
Jun 2005167052.337.38$8,739
May 2005161045.226.65$7,280
Apr 2005165049.207.36$8,118
Mar 2005165050.377.15$8,311
Feb 2005169045.226.31$7,642
Jan 2005168043.166.32$7,251
Dec 2004168039.866.75$6,696
Nov 2004169045.286.33$7,652
Oct 2004169049.706.52$8,399
Sep 2004329043.245.28$14,226
Aug 2004163042.375.55$6,906
Jul 2004167038.286.08$6,393
Jun 2004166036.106.43$5,993
May 2004168037.486.49$6,297
Apr 2004165034.475.86$5,688
Mar 2004170034.365.53$5,841
Feb 2004172032.455.51$5,581
Jan 2004169032.036.30$5,413
Dec 2003334030.266.30$10,107
Nov 2003171028.804.60$4,925
Oct 2003173028.174.76$4,873
Sep 2003166026.314.75$4,367
Aug 2003167029.765.13$4,970
Jul 2003167029.415.17$4,911
Jun 2003325028.565.98$9,282
May 2003167026.595.97$4,441
Apr 2003173026.675.41$4,614
Mar 2003168031.146.10$5,232
Feb 2003342033.487.93$11,450
Jan 2003168030.315.58$5,092
Dec 2002170026.914.85$4,575
Nov 2002337024.664.14$8,310
Oct 2002170026.464.23$4,498
Sep 2002172027.443.64$4,720
Aug 2002171025.963.16$4,439
Jul 2002332024.583.06$8,161
Jun 2002164023.733.34$3,892
May 2002171024.663.58$4,217
Apr 2002338023.653.51$7,994
Mar 2002174022.003.10$3,828
Feb 2002161018.222.38$2,933
Jan 2002167017.172.38$2,867
Dec 2001169016.932.36$2,861
Nov 2001338018.072.41$6,108
Oct 2001174019.782.53$3,442
Sep 2001169024.262.25$4,100
Aug 2001338024.873.05$8,406
Jul 2001172023.933.20$4,116
Jun 2001168024.563.82$4,126
May 2001173025.524.31$4,415
Apr 2001173024.685.34$4,270
Mar 2001339024.545.38$8,319
Feb 2001170027.755.77$4,718
Jan 2001172027.478.40$4,725
Dec 2000187026.889.12$5,027
Nov 2000176032.215.66$5,669
Oct 2000345031.235.15$10,774
Sep 2000174031.875.19$5,545
Aug 2000344029.644.54$10,196
Jul 2000169028.534.09$4,822
Jun 2000338029.304.40$9,903
May 2000169027.263.68$4,607
Apr 2000173024.513.12$4,240
Mar 2000347028.422.86$9,862
Feb 2000166027.622.73$4,585
Jan 2000343025.272.48$8,668
Dec 1999155024.282.42$3,763
Nov 1999536023.192.43$12,430
Oct 19990020.982.80$0
Sep 1999164021.752.62$3,567
Aug 19990019.262.88$0
Jul 1999176017.892.37$3,149
Jun 1999172015.942.36$2,742
May 19990015.792.32$0
Apr 1999347015.102.21$5,240
Mar 1999174012.471.84$2,170
Feb 199917109.981.82$1,707
Jan 1999170010.381.90$1,765
Dec 199834809.201.77$3,202
Nov 1998180010.892.19$1,960
Oct 1998191012.421.97$2,372
Sep 1998170012.592.08$2,140
Aug 1998344011.301.91$3,887
Jul 1998167011.742.24$1,961
Jun 1998173011.242.24$1,945
May 1998342012.622.21$4,316
Apr 1998173013.042.51$2,256
Mar 1998341012.802.31$4,365
Feb 1998177013.952.30$2,469
Jan 1998332014.702.15$4,880
Dec 1997176016.322.41$2,872
Nov 1997173018.193.09$3,147
Oct 1997166019.253.15$3,196
Sep 1997332017.742.95$5,890
Aug 1997163017.862.55$2,911
Jul 1997345017.582.25$6,065
Jun 1997338017.242.26$5,827
May 1997171018.972.31$3,244
Apr 1997168017.882.08$3,004
Mar 1997341018.951.94$6,462
Feb 1997175020.492.21$3,586
Jan 1997172023.483.54$4,039
Dec 1996177023.32$4,128
Nov 1996175021.97$3,845
Oct 1996343023.31$7,995
Sep 1996171022.22$3,800
Aug 1996348020.26$7,050
Jul 1996173019.55$3,382
Jun 1996168018.73$3,147
May 1996168019.43$3,264
Apr 1996342021.51$7,356
Mar 1996175019.38$3,392
Feb 1996343016.98$5,824
Jan 1996168017.07$2,868
Dec 1995341017.19$5,862
Nov 1995321016.00$5,136
Oct 1995331015.43$5,107
Sep 1995173016.18$2,799
Aug 1995169015.92$2,690
Jul 1995173015.24$2,637
Jun 1995343016.41$5,629
May 1995170017.56$2,985
Apr 1995175017.73$3,103
Mar 1995344016.44$5,655
Feb 1995176016.58$2,918
Jan 1995353015.92$5,620
Dec 1994353015.03$5,306
Nov 1994356015.90$5,660
Oct 1994174015.58$2,711
Sep 1994348115.29$5,321
Aug 1994350116.13$5,646
Jul 1994156117.56$2,739
Jun 1994353117.09$6,033
May 1994170115.88$2,700
Apr 1994353114.14$4,991
Mar 1994340112.46$4,236
Feb 1994177112.50$2,213
Jan 1994355112.66$4,494
Dec 1993357112.33$4,402
Nov 1993345114.49$4,999
Oct 1993347115.85$5,500
Sep 1993341115.03$5,125
Aug 1993169115.66$2,647
Jul 1993487115.46$7,529
Jun 1993350116.79$5,877
May 1993347117.68$6,135
Apr 1993346118.05$6,245
Mar 1993349118.14$6,331
Feb 1993177117.90$3,168
Jan 1993361116.93$6,112

Not filed, and not zero: Nov 2015. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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.

Sep 2014 — as filed, then multipliedworked
Oil                   76 bbl  × $ 86.16 =     $6,548
Casinghead gas         0 Mcf  × $  4.05 =         $0

────────────────────────────────────────────────────
Month total                                   $6,548

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/6861 is the state's own key, not one this site invented.