WAGGONER, W. T., ESTATE -I-

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 9623District 09Field 69077400OilCasinghead gasSaveExport
Value, all time
$608 k
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
OilDisposition18,920 bbl$607,731
Casinghead gasProduction9 Mcf$0
Total$607,731

9 Mcf of this lease's gas, across 9 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 (7)

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 33.9427, -99.2105. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

33.94254, -99.21078 · 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
100.0%
7 of 7 wells
With a plug date
100.0%
7 of 7 wells
Median depth
4,091 ft
7 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
7100.0%
A plug date is filed
7100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
7100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 4,070 and 5,922 ft, median 4,091 ft, over the 7 wells that filed a depth.

Plug dates filed
Apr 2005 – Jun 2018
7 of 7 wells

7 wells

42-4870518274,080 ftFeb 2014Yes
42-4870522614,091 ftJun 2018Yes
42-4870522724,082 ftFeb 2014Yes
42-4870522834,092 ftFeb 2014Yes
42-4870522944,070 ftApr 2005Yes
42-4870523055,922 ftApr 2005Yes
42-48781548G 34,091 ftJun 2018Yes

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 201469054.693.59$3,774
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 201456089.394.04$5,006
Jul 2014118096.564.18$11,394
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 201460095.944.81$5,756
Mar 201469095.895.06$6,616
Feb 20140097.406.19$0
Jan 201483090.404.86$7,503
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201355097.423.78$5,358
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013177094.403.93$16,709
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013168093.623.91$15,728
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012171089.383.40$15,284
Sep 2012171094.672.92$16,189
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 2012166091.612.49$15,207
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012170098.092.73$16,675
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011161083.623.99$13,463
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011183092.904.64$17,001
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011170085.644.18$14,559
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010165078.103.51$12,887
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 201049081.694.12$4,003
Mar 201040078.394.39$3,136
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009170046.773.59$7,951
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20081720101.767.88$17,503
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008168092.538.77$15,545
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 2007165069.066.39$11,395
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200746058.747.85$2,702
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006165054.207.62$8,943
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 2006175069.376.34$12,140
Jun 20060066.286.38$0
May 2006180066.016.42$11,882
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 2006180060.598.93$10,906
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005150058.3413.80$8,751
Sep 20050061.4512.08$0
Aug 2005180061.519.80$11,072
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 2005103045.226.65$4,658
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 2004180039.866.75$7,175
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 2004175037.486.49$6,559
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003174028.804.60$5,011
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 2003174028.565.98$4,969
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 2003171033.487.93$5,725
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 2002170026.464.23$4,498
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 200267024.583.06$1,647
Jun 20020023.733.34$0
May 200250024.663.58$1,233
Apr 20020023.653.51$0
Mar 200254022.003.10$1,188
Feb 20020018.222.38$0
Jan 200278017.172.38$1,339
Dec 20010016.932.36$0
Nov 200170018.072.41$1,265
Oct 200176019.782.53$1,503
Sep 20010024.262.25$0
Aug 2001100024.873.05$2,487
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 200166025.524.31$1,684
Apr 200176024.685.34$1,876
Mar 20010024.545.38$0
Feb 200175027.755.77$2,081
Jan 2001174027.478.40$4,780
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000135031.235.15$4,216
Sep 200088031.875.19$2,805
Aug 2000128029.644.54$3,794
Jul 20000028.534.09$0
Jun 200096029.304.40$2,813
May 200082027.263.68$2,235
Apr 200069024.513.12$1,691
Mar 20000028.422.86$0
Feb 200081027.622.73$2,237
Jan 20000025.272.48$0
Dec 199978024.282.42$1,894
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 199994021.752.62$2,045
Aug 19990019.262.88$0
Jul 1999167017.892.37$2,988
Jun 19990015.942.36$0
May 1999172015.792.32$2,716
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 199815409.201.77$1,417
Nov 1998177010.892.19$1,928
Oct 1998177012.421.97$2,198
Sep 1998177012.592.08$2,228
Aug 1998176011.301.91$1,989
Jul 1998175011.742.24$2,055
Jun 1998180011.242.24$2,023
May 1998177012.622.21$2,234
Apr 1998341013.042.51$4,447
Mar 1998185012.802.31$2,368
Feb 1998181013.952.30$2,525
Jan 1998176014.702.15$2,587
Dec 1997176016.322.41$2,872
Nov 1997353018.193.09$6,421
Oct 1997179019.253.15$3,446
Sep 1997180017.742.95$3,193
Aug 1997182017.862.55$3,251
Jul 1997180017.582.25$3,164
Jun 1997176017.242.26$3,034
May 19970018.972.31$0
Apr 1997180017.882.08$3,218
Mar 1997179018.951.94$3,392
Feb 1997182020.492.21$3,729
Jan 1997182023.483.54$4,273
Dec 1996346023.32$8,069
Nov 19960021.97$0
Oct 1996168023.31$3,916
Sep 1996178022.22$3,955
Aug 1996179020.26$3,627
Jul 1996180019.55$3,519
Jun 1996180018.73$3,371
May 1996180019.43$3,497
Apr 1996249021.51$5,356
Mar 1996181019.38$3,508
Feb 1996178016.98$3,022
Jan 1996136017.07$2,322
Dec 1995139017.19$2,389
Nov 1995279016.00$4,464
Oct 1995143015.43$2,206
Sep 1995280016.18$4,530
Aug 1995281015.92$4,474
Jul 1995134015.24$2,042
Jun 1995280016.41$4,595
May 1995143017.56$2,511
Apr 1995278017.73$4,929
Mar 19950016.44$0
Feb 1995183016.58$3,034
Jan 1995186015.92$2,961
Dec 19940015.03$0
Nov 1994181015.90$2,878
Oct 1994187015.58$2,913
Sep 19940015.29$0
Aug 1994183016.13$2,952
Jul 1994189017.56$3,319
Jun 1994177017.09$3,025
May 19940015.88$0
Apr 1994180014.14$2,545
Mar 199470012.46$872
Feb 1994109012.50$1,363
Jan 1994187012.66$2,367
Dec 1993182012.33$2,244
Nov 19930014.49$0
Oct 1993180015.85$2,853
Sep 19930115.03$0
Aug 19930115.66$0
Jul 1993177115.46$2,736
Jun 19930116.79$0
May 1993184117.68$3,253
Apr 1993182118.05$3,285
Mar 1993189118.14$3,428
Feb 1993182117.90$3,258
Jan 19930116.93$0

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.

Dec 2014 — as filed, then multipliedworked
Oil                   69 bbl  × $ 54.69 =     $3,774
Casinghead gas         0 Mcf  × $  3.59 =         $0

────────────────────────────────────────────────────
Month total                                   $3,774

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/9623 is the state's own key, not one this site invented.