WHEAT, JAMES ROLAND "A" 276

Operated by REVOLUTION OPERATING COMPANY,LLC (P-5 704176) in the LIPSCOMB (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 214051District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$772 k
Nov 2005 – Feb 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
220
no gaps in the span
Streams
2
condensate, 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 1,389 leases and 1,486 wells, and the rule below applies to all of them.

Discovered
1958-05-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: FIELD

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112006-07-28169544
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition6,633 bbl$485,624
GasProduction37,563 Mcf$286,472
Total$772,096

Wells on this lease (1)

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 36.1411, -100.2154. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.14113, -100.21542 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,418 ft
1 wells filed one
Completion to plug
18.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 8,418 ft.

Completions filed
Nov 2005
1 of 1 wells
Plug dates filed
Feb 2024
1 of 1 wells

Last completion to plug: a median of 18.3 years across the 1 well that filed both dates, with the middle half between 18.3 years and 18.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-295329313H8,418 ftNov 2005Feb 2024Yes

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 (220)

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

220 months

Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
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 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
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 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20151142.992.76$46
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 201457070.464.25$4,016
Oct 2014018278.303.90$710
Sep 20140086.164.05$0
Aug 20140989.394.04$36
Jul 2014709896.564.18$7,169
Jun 20140598.164.74$24
May 20144514194.734.73$4,929
Apr 20146712295.944.81$7,015
Mar 20140495.895.06$20
Feb 20140597.406.19$31
Jan 20146790.404.86$576
Dec 201311610691.824.35$11,113
Nov 201303488.853.74$127
Oct 20130797.423.78$26
Sep 2013530104.113.72$5,518
Aug 201353140104.253.52$6,018
Jul 20131175102.523.72$753
Jun 201356094.403.93$5,286
May 20133514294.834.15$3,908
Apr 2013015793.964.28$672
Mar 201310316993.623.91$10,304
Feb 20130091.233.42$0
Jan 2013013591.603.42$462
Dec 201216116086.773.42$14,517
Nov 2012017186.953.62$620
Oct 2012018289.383.40$619
Sep 20120094.672.92$0
Aug 2012751192.662.91$6,981
Jul 20121109585.133.02$9,651
Jun 2012017479.822.52$438
May 2012016291.612.49$403
Apr 201292180101.652.00$9,711
Mar 2012012105.052.22$27
Feb 2012013101.102.57$33
Jan 201217418898.092.73$17,582
Dec 2011014796.873.24$476
Nov 2011036295.723.31$1,199
Oct 20111723184.983.65$14,730
Sep 201101683.623.99$64
Aug 2011021283.404.15$880
Jul 201103994.144.52$176
Jun 201119521292.904.64$19,099
May 2011022098.134.40$969
Apr 201100105.964.33$0
Mar 2011020796.364.06$840
Feb 201120122585.644.18$18,154
Jan 20110686.504.59$28
Dec 2010021885.734.35$948
Nov 20100980.843.80$34
Oct 2010029378.103.51$1,028
Sep 20100072.633.98$0
Aug 2010027273.684.42$1,202
Jul 2010192072.554.74$13,930
Jun 2010023770.364.91$1,164
May 20100071.124.24$0
Apr 2010026281.694.12$1,080
Mar 201018637578.394.39$16,226
Feb 201003273.585.44$174
Jan 201004174.365.96$245
Dec 2009022771.445.48$1,245
Nov 200919036074.593.75$15,523
Oct 200905272.544.11$214
Sep 200903965.543.06$120
Aug 200924144767.423.22$17,687
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009047054.743.93$1,845
Apr 20091932646.773.59$9,120
Mar 2009065742.144.06$2,667
Feb 200901932.814.63$88
Jan 200902635.865.37$140
Dec 20080637.105.98$36
Nov 200804355.496.86$295
Oct 200803875.246.92$263
Sep 2008037101.767.88$291
Aug 2008048114.228.48$407
Jul 2008097131.0811.39$1,105
Jun 2008056131.3313.03$730
May 2008190262123.1711.57$26,435
Apr 2008090110.3110.45$941
Mar 20080315101.909.66$3,044
Feb 200806692.538.77$579
Jan 200812117690.388.21$12,380
Dec 2007027288.337.30$1,986
Nov 200712129291.677.29$13,221
Oct 2007025082.856.92$1,731
Sep 200719283175.846.24$19,750
Aug 200703569.066.39$224
Jul 200703470.906.39$217
Jun 2007022662.007.55$1,706
May 200717926258.747.85$12,570
Apr 2007045159.617.81$3,520
Mar 200711647156.927.30$10,042
Feb 200712138655.108.22$9,838
Jan 2007016050.306.73$1,076
Dec 200610245656.656.92$8,933
Nov 200612038954.207.62$9,467
Oct 20069068854.906.01$9,078
Sep 2006076060.085.04$3,828
Aug 200626275768.717.34$23,558
Jul 2006094469.376.34$5,988
Jun 200633998866.286.38$28,776
May 20061201,16166.016.42$15,381
Apr 20061931,16664.397.36$21,010
Mar 20061692,70256.707.08$28,720
Feb 20063862,87257.597.75$44,491
Jan 20063835,27960.598.93$70,365
Dec 20055845,76154.9413.42$109,371
Nov 200501054.6910.59$106

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 2015 — as filed, then multipliedworked
Condensate             1 bbl  × $ 42.99 =        $43
Gas                    1 Mcf  × $  2.76 =         $3

────────────────────────────────────────────────────
Month total                                      $46

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. 10/G/214051 is the state's own key, not one this site invented.