BLOCK -C-

Operated by WO OPERATING COMPANY (P-5 935428) in the PANHANDLE CARSON COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 124District 10Field 68845001OilCasinghead gasSaveExport
Value, all time
$179 k
Jan 1993 – Dec 1994
Value, last 12 filed months
$65 k
at the published price for each month
Months reported
24
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 580 leases and 3,796 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 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 1989-05-01.

The Commission's schedule remark for this field reads: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

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
OilDisposition11,433 bbl$178,728
Casinghead gasProduction34,055 Mcf$0
Total$178,728

34,055 Mcf of this lease's gas, across 20 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 (16)

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 35.6157, -101.1715. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.61568, -101.17156 · 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
37.5%
6 of 16 wells
With a plug date
37.5%
6 of 16 wells
Median depth
3,148 ft
6 wells filed one
Completion to plug
4.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
637.5%
A plug date is filed
637.5%
BothOn the schedule and plugged. Neither fact cancels the other.
637.5%
NeitherNo plug date, and not on the schedule.
1062.5%

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, 6 of 16 wells. Median 3,148 ft, with the middle half between 3,138 and 3,156 ft; the shallowest is 3,119 ft and the deepest 3,162 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, 1 of 16 wells, Oct 1988. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 1988
1 of 16 wells; 15 filed none
Plug dates filed
Feb 1970 – Sep 2025
6 of 16 wells; 10 filed none

Last completion to plug: a median of 4.2 years across the 1 well that filed both dates, with the middle half between 4.2 years and 4.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

16 wells

42-0650228863,151 ftMay 1992Yes
42-06502309113,162 ftFeb 1970Yes
42-06502314143,135 ftMay 1993Yes
42-06502317153,157 ftJun 1992Yes
42-06502318163,145 ftSep 2025Yes
42-065022621
42-065022682
42-065022733
42-065022784
42-065022835
42-065022947
42-065023049
42-0650230510
42-0650231012
42-0650231213
42-065022998W3,119 ftOct 1988Dec 1992Yes

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 (24)

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

24 months

Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19946802,44216.13$10,968
Jul 19944591,88217.56$8,060
Jun 19945892,32617.09$10,066
May 19944792,34715.88$7,607
Apr 19944402,07414.14$6,222
Mar 19944951,97912.46$6,168
Feb 19946271,49712.50$7,838
Jan 19946431,80412.66$8,140
Dec 19934951,63212.33$6,103
Nov 19936621,58314.49$9,592
Oct 19936881,57115.85$10,905
Sep 19936561,59115.03$9,860
Aug 19936461,66615.66$10,116
Jul 19934871,58915.46$7,529
Jun 19936401,54716.79$10,746
May 19936781,58017.68$11,987
Apr 19935001,55718.05$9,025
Mar 19936271,55218.14$11,374
Feb 199348992217.90$8,753
Jan 199345391416.93$7,669

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.

Aug 1994 — as filed, then multipliedworked
Oil                  680 bbl  × $ 16.13 =    $10,968
Casinghead gas     2,442 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                  $10,968

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/O/124 is the state's own key, not one this site invented.