WAGLEY "D"

Operated by OWL CREEK OPERATING CO., INC. (P-5 629889) in the PALO PINTO CO. REG. (GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 119870District 7BField 68707333NGPA filingCondensateGasSaveExport
Value, all time
$310 k
Jan 1993 – Jun 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
234
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 710 leases and 710 wells, and the rule below applies to all of them.

Discovered
1957-10-15
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
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
CondensateDisposition26 bbl$535
GasProduction93,444 Mcf$309,387
Total$309,922

30,504 Mcf of this lease's gas, across 48 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 (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 32.9012, -98.1401. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.90121, -98.14010 · 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
4,676 ft
1 wells filed one
Completion to plug
26.4 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 4,676 ft.

Completions filed
Jan 1986
1 of 1 wells
Plug dates filed
Jun 2012
1 of 1 wells

Last completion to plug: a median of 26.4 years across the 1 well that filed both dates, with the middle half between 26.4 years and 26.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633362024,676 ftJan 1986Jun 2012Yes

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 (234)

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

234 months

Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
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 20100081.694.12$0
Mar 2010077578.394.39$3,401
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090171.445.48$5
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 200902361.133.46$80
Jun 20090066.163.90$0
May 200902754.743.93$106
Apr 200902746.773.59$97
Mar 20090242.144.06$8
Feb 20090032.814.63$0
Jan 200902535.865.37$134
Dec 20080337.105.98$18
Nov 2008017755.496.86$1,214
Oct 2008024175.246.92$1,668
Sep 20080343101.767.88$2,702
Aug 20080440114.228.48$3,733
Jul 20080388131.0811.39$4,419
Jun 20080362131.3313.03$4,718
May 20080376123.1711.57$4,352
Apr 20080384110.3110.45$4,015
Mar 20080501101.909.66$4,842
Feb 2008043992.538.77$3,850
Jan 2008047190.388.21$3,865
Dec 2007041388.337.30$3,016
Nov 2007038391.677.29$2,793
Oct 2007027582.856.92$1,904
Sep 2007032575.846.24$2,029
Aug 2007014169.066.39$901
Jul 2007021670.906.39$1,380
Jun 2007023162.007.55$1,744
May 2007021958.747.85$1,718
Apr 2007027759.617.81$2,162
Mar 2007028356.927.30$2,066
Feb 2007043155.108.22$3,541
Jan 2007026350.306.73$1,769
Dec 2006021456.656.92$1,481
Nov 2006023054.207.62$1,752
Oct 2006023354.906.01$1,401
Sep 2006033660.085.04$1,693
Aug 2006039568.717.34$2,899
Jul 2006030569.376.34$1,935
Jun 2006038766.286.38$2,471
May 2006037466.016.42$2,403
Apr 2006028364.397.36$2,083
Mar 2006037156.707.08$2,628
Feb 2006030057.597.75$2,325
Jan 2006037060.598.93$3,305
Dec 2005037954.9413.42$5,084
Nov 2005043654.6910.59$4,617
Oct 2005034258.3413.80$4,718
Sep 2005033261.4512.08$4,010
Aug 2005060561.519.80$5,927
Jul 2005036655.697.84$2,871
Jun 2005047052.337.38$3,469
May 2005040245.226.65$2,674
Apr 2005042249.207.36$3,106
Mar 2005042450.377.15$3,034
Feb 2005042745.226.31$2,695
Jan 2005038143.166.32$2,409
Dec 2004049439.866.75$3,335
Nov 2004058645.286.33$3,710
Oct 2004053149.706.52$3,460
Sep 2004036143.245.28$1,907
Aug 2004032642.375.55$1,810
Jul 2004058538.286.08$3,559
Jun 2004018136.106.43$1,164
May 2004038937.486.49$2,526
Apr 2004041234.475.86$2,414
Mar 2004034934.365.53$1,930
Feb 2004025332.455.51$1,394
Jan 2004031232.036.30$1,965
Dec 2003040130.266.30$2,527
Nov 2003057928.804.60$2,661
Oct 2003022428.174.76$1,066
Sep 2003033626.314.75$1,596
Aug 2003052529.765.13$2,693
Jul 2003052229.415.17$2,699
Jun 2003049828.565.98$2,980
May 2003051726.595.97$3,088
Apr 2003046926.675.41$2,536
Mar 2003066731.146.10$4,066
Feb 2003045033.487.93$3,567
Jan 2003051130.315.58$2,852
Dec 2002041126.914.85$1,995
Nov 2002034724.664.14$1,436
Oct 2002044826.464.23$1,895
Sep 2002052327.443.64$1,901
Aug 2002045425.963.16$1,437
Jul 2002044324.583.06$1,356
Jun 2002045423.733.34$1,516
May 2002141224.663.58$1,501
Apr 2002044623.653.51$1,566
Mar 2002024622.003.10$763
Feb 2002034218.222.38$812
Jan 2002049717.172.38$1,181
Dec 2001038516.932.36$910
Nov 2001251218.072.41$1,268
Oct 2001045919.782.53$1,161
Sep 2001035124.262.25$790
Aug 2001050524.873.05$1,542
Jul 2001049323.933.20$1,576
Jun 2001039724.563.82$1,518
May 2001234825.524.31$1,550
Apr 2001157224.685.34$3,076
Mar 2001041724.545.38$2,242
Feb 2001024627.755.77$1,419
Jan 2001169627.478.40$5,873
Dec 2000046826.889.12$4,269
Nov 2000243232.215.66$2,509
Oct 2000044931.235.15$2,310
Sep 2000046731.875.19$2,422
Aug 2000038429.644.54$1,744
Jul 2000058428.534.09$2,388
Jun 2000035329.304.40$1,552
May 20000027.263.68$0
Apr 2000058924.513.12$1,835
Mar 2000052528.422.86$1,501
Feb 2000352127.622.73$1,503
Jan 2000054525.272.48$1,352
Dec 1999056824.282.42$1,377
Nov 1999065623.192.43$1,597
Oct 199904420.982.80$123
Sep 1999039521.752.62$1,034
Aug 1999145119.262.88$1,316
Jul 1999061217.892.37$1,452
Jun 1999057715.942.36$1,363
May 1999165115.792.32$1,527
Apr 1999060215.102.21$1,329
Mar 1999361112.471.84$1,161
Feb 199934089.981.82$772
Jan 1999057010.381.90$1,083
Dec 199805519.201.77$977
Nov 1998056610.892.19$1,237
Oct 1998058112.421.97$1,144
Sep 1998057512.592.08$1,198
Aug 1998075611.301.91$1,442
Jul 199801,24511.742.24$2,785
Jun 1998042511.242.24$951
May 1998055412.622.21$1,222
Apr 1998054413.042.51$1,363
Mar 1998020312.802.31$469
Feb 1998033513.952.30$770
Jan 1998036814.702.15$793
Dec 1997037516.322.41$904
Nov 1997042218.193.09$1,303
Oct 1997055519.253.15$1,748
Sep 1997056617.742.95$1,672
Aug 1997067117.862.55$1,714
Jul 1997057117.582.25$1,283
Jun 1997065117.242.26$1,469
May 1997049818.972.31$1,150
Apr 1997058517.882.08$1,218
Mar 1997062318.951.94$1,208
Feb 1997057620.492.21$1,271
Jan 1997055423.483.54$1,961
Dec 1996063523.32$0
Nov 1996065421.97$0
Oct 1996066623.31$0
Sep 1996263822.22$44
Aug 1996173620.26$20
Jul 1996076019.55$0
Jun 1996377018.73$56
May 1996035919.43$0
Apr 1996057821.51$0
Mar 1996053919.38$0
Feb 1996056216.98$0
Jan 1996082417.07$0
Dec 1995052417.19$0
Nov 1995067316.00$0
Oct 1995068815.43$0
Sep 1995082216.18$0
Aug 1995059315.92$0
Jul 1995057315.24$0
Jun 1995060516.41$0
May 1995051417.56$0
Apr 1995055817.73$0
Mar 1995069316.44$0
Feb 1995048516.58$0
Jan 1995067515.92$0
Dec 1994061615.03$0
Nov 1994070415.90$0
Oct 1994065915.58$0
Sep 1994061615.29$0
Aug 1994071716.13$0
Jul 1994080317.56$0
Jun 1994056417.09$0
May 1994068215.88$0
Apr 1994065514.14$0
Mar 1994065612.46$0
Feb 1994060912.50$0
Jan 1994075712.66$0
Dec 1993014212.33$0
Nov 1993061714.49$0
Oct 1993065615.85$0
Sep 1993064715.03$0
Aug 1993072015.66$0
Jul 1993073915.46$0
Jun 1993060316.79$0
May 1993063717.68$0
Apr 1993061318.05$0
Mar 1993070618.14$0
Feb 1993060617.90$0
Jan 1993065616.93$0

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.

Mar 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.39 =         $0
Gas                  775 Mcf  × $  4.39 =     $3,401

────────────────────────────────────────────────────
Month total                                   $3,401

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. 7B/G/119870 is the state's own key, not one this site invented.