WAYNE 88

Operated by BRACKEN OPERATING, L.L.C. (P-5 85851) in the HEMPHILL (GRANITE WASH.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 268012District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Mar 2012 – May 2026
Value, last 12 filed months
$57 k
at the published price for each month
Months reported
171
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 712 leases and 714 wells, and the rule below applies to all of them.

Discovered
1964-01-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-10-07.

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 Gas112014-03-26210409
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
CondensateDisposition13,369 bbl$1,092,209
GasProduction731,039 Mcf$2,426,406
Total$3,518,615

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 35.8239, -100.2657. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.82394, -100.26566 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,511 ft
1 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.
1100.0%

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 10,511 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-211349551H10,511 ftMar 2012

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 (171)

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

171 months

May 202601,336106.413.05$4,069
Apr 202601,02398.932.87$2,936
Mar 2026078189.753.15$2,460
Feb 2026075963.503.75$2,846
Jan 202601,02459.138.00$8,190
Dec 202501,68556.664.41$7,437
Nov 202501,47558.593.93$5,792
Oct 202501,49559.383.30$4,941
Sep 202501,47662.743.08$4,542
Aug 202501,56063.933.01$4,703
Jul 202501,47166.743.32$4,877
Jun 202501,38766.483.13$4,340
May 202501,51860.553.23$4,907
Apr 202501,43862.363.54$5,095
Mar 202501,61667.704.27$6,898
Feb 202501,44570.884.34$6,273
Jan 202501,97874.324.28$8,463
Dec 202401,70068.993.12$5,306
Nov 202401,69969.052.20$3,735
Oct 202401,83871.372.28$4,193
Sep 20241001,47569.612.36$10,448
Aug 202401,33375.632.06$2,751
Jul 202401,45379.932.15$3,119
Jun 202401,43278.082.63$3,772
May 202401,57078.812.20$3,452
Apr 202401,53384.451.66$2,544
Mar 202401,58580.301.55$2,449
Feb 2024621,54476.091.78$7,472
Jan 202401,66973.023.30$5,504
Dec 202301,66871.262.61$4,355
Nov 20231481,76377.892.81$16,477
Oct 202301,26485.443.09$3,902
Sep 202301,32989.042.74$3,635
Aug 202301,13680.522.67$3,036
Jul 202301,14274.852.64$3,017
Jun 202301,26768.962.26$2,861
May 202301,49070.622.23$3,319
Apr 202301,45278.122.24$3,249
Mar 202301,76072.852.39$4,212
Feb 202301,24775.112.47$3,075
Jan 202301,34376.533.39$4,550
Dec 2022088976.415.73$5,093
Nov 202201,24185.005.65$7,007
Oct 202201,73887.185.86$10,191
Sep 20221901,82584.888.16$31,026
Aug 202201,92794.529.13$17,588
Jul 202201,981101.587.54$14,941
Jun 202201,933115.097.98$15,420
May 202202,117109.378.43$17,853
Apr 202201,928104.226.84$13,183
Mar 202201,881108.885.08$9,549
Feb 2022053791.054.86$2,609
Jan 202201,83981.844.54$8,345
Dec 202101,87471.323.90$7,307
Nov 202101,84377.435.24$9,652
Oct 202102,09579.795.71$11,971
Sep 202101,47369.865.35$7,882
Aug 202102,01866.024.22$8,517
Jul 20211911,85870.783.98$20,918
Jun 202102,10869.493.38$7,126
May 202101,59363.483.02$4,807
Apr 202101,55160.362.76$4,278
Mar 202101,64661.302.72$4,472
Feb 2021087857.805.55$4,871
Jan 202101,41350.412.81$3,971
Dec 202001,34644.642.68$3,601
Nov 20201911,60638.772.71$11,752
Oct 202001,62536.972.48$4,027
Sep 202001,59137.091.99$3,168
Aug 202001,96839.982.39$4,694
Jul 202002,02538.371.83$3,696
Jun 20201871,70834.901.69$9,413
May 202001,70916.921.81$3,101
Apr 202001,79114.751.80$3,232
Mar 202001,72630.341.86$3,204
Feb 202001,88749.881.98$3,738
Jan 2020015257.252.09$318
Dec 201902,27959.012.30$5,252
Nov 20191832,17655.302.75$16,105
Oct 201902,47453.472.42$5,983
Sep 201902,02355.052.66$5,376
Aug 201902,81853.112.30$6,494
Jul 201903,05856.272.46$7,523
Jun 201902,94552.782.49$7,337
May 20191853,37358.482.74$20,062
Apr 201903,52562.632.75$9,696
Mar 201905,12056.803.06$15,678
Feb 20191892,44850.852.79$16,446
Jan 20194282246.033.23$4,587
Dec 201802,36146.594.19$9,882
Nov 201802,39452.934.24$10,144
Oct 20181922,15861.443.40$19,130
Sep 201802,18559.543.11$6,791
Aug 201801,79459.403.07$5,501
Jul 201801,71565.142.93$5,028
Jun 201801,65360.183.08$5,086
May 201802,23165.382.90$6,472
Apr 201802,01463.842.90$5,842
Mar 201802,72561.222.79$7,594
Feb 201803,15561.782.77$8,727
Jan 20181784,09562.874.01$27,609
Dec 201704,21857.272.92$12,323
Nov 201704,74955.423.12$14,809
Oct 201704,26349.292.98$12,719
Sep 201702,93547.523.09$9,061
Aug 20171934,42745.373.00$22,057
Jul 201704,04743.873.09$12,494
Jun 201703,17042.493.09$9,787
May 201704,28245.373.26$13,974
Apr 20171974,31847.933.21$23,310
Mar 20171823,67846.772.98$19,486
Feb 201704,00350.452.95$11,819
Jan 201703,85649.413.42$13,183
Dec 20161924,04848.763.72$24,432
Nov 201604,88342.492.64$12,912
Oct 201603,67746.193.09$11,363
Sep 201603,80441.553.10$11,795
Aug 20161994,48841.442.92$21,371
Jul 201604,32341.622.92$12,642
Jun 201603,68145.352.69$9,887
May 201603,62442.521.99$7,216
Apr 201602,58736.561.99$5,151
Mar 201602,11833.011.79$3,800
Feb 201602,01926.472.06$4,166
Jan 201602,25227.352.36$5,325
Dec 201502,29432.362.00$4,591
Nov 201502,64438.792.17$5,730
Oct 201502,89243.552.43$7,018
Sep 201503,27942.992.76$9,045
Aug 20151784,35340.162.87$19,652
Jul 201504,60848.152.95$13,571
Jun 201504,68856.152.88$13,515
May 201504,43955.212.96$13,119
Apr 201504,22649.822.71$11,438
Mar 201504,53242.892.93$13,300
Feb 20151994,90344.662.98$23,480
Jan 201506,06443.433.10$18,802
Dec 20145795,63054.693.59$51,885
Nov 201406,03870.464.25$25,673
Oct 201406,82478.303.90$26,620
Sep 201402,79586.164.05$11,307
Aug 201403,35089.394.04$13,518
Jul 201403,87696.564.18$16,200
Jun 20141953,95498.164.74$37,871
May 201403,70394.734.73$17,502
Apr 20141995,23895.944.81$44,282
Mar 201406,63695.895.06$33,557
Feb 20143867,25397.406.19$82,507
Jan 201408,00890.404.86$38,925
Dec 201301,20791.824.35$5,256
Nov 2013011,14788.853.74$41,671
Oct 201308,92197.423.78$33,716
Sep 20133887,786104.113.72$69,341
Aug 201306,406104.253.52$22,566
Jul 201319410,305102.523.72$58,200
Jun 201319112,07694.403.93$65,530
May 20135689,37594.834.15$92,761
Apr 2013012,36593.964.28$52,954
Mar 201339514,33693.623.91$93,075
Feb 201320314,47691.233.42$68,026
Jan 2013015,83491.603.42$54,151
Dec 201260620,03186.773.42$121,092
Nov 201259821,41886.953.62$129,635
Oct 201259826,10289.383.40$142,188
Sep 201279229,63394.672.92$161,460
Aug 201295829,63392.662.91$174,946
Jul 201297935,53885.133.02$190,695
Jun 20123946,78979.822.52$48,551
May 2012387091.612.49$35,453
Apr 201278434,040101.652.00$147,665
Mar 201259721,924105.052.22$111,432

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
Condensate             0 bbl  × $106.41 =         $0
Gas                1,336 Mcf  × $  3.05 =     $4,069

────────────────────────────────────────────────────
Month total                                   $4,069

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/268012 is the state's own key, not one this site invented.