WADE, J. H., ETAL

Operated by SCHKADE BROS. OPERATING COMPANY (P-5 752600) in the PHANTOM LAKE (TANNEHILL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11407District 7BField 71073500OilCasinghead gasSaveExport
Value, all time
$2.8 M
Jan 1993 – Jul 2018
Value, last 12 filed months
$47 k
at the published price for each month
Months reported
307
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 4 leases and 10 wells, and the rule below applies to all of them.

Discovered
1970-12-18
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 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
OilDisposition66,608 bbl$2,835,119
Casinghead gasProduction34 Mcf$0
Total$2,835,119

34 Mcf of this lease's gas, across 34 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 (5)

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 32.5413, -99.7164. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.54112, -99.71603 · 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%
5 of 5 wells
With a plug date
100.0%
5 of 5 wells
Median depth
1,763 ft
5 wells filed one
Completion to plug
47.3 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
5100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
5100.0%
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 1,753 and 1,948 ft, median 1,763 ft, over the 5 wells that filed a depth.

Completions filed
Oct 1970 – Jan 1984
5 of 5 wells
Plug dates filed
May 2001 – May 2018
5 of 5 wells

Last completion to plug: a median of 47.3 years across the 5 wells that filed both dates, with the middle half between 47.2 years and 47.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-2533009721,765 ftJan 1984May 2001Yes
42-2533011051,760 ftMar 1971May 2018Yes
42-2533010741,753 ftFeb 1971May 2018Yes
42-2533009931,763 ftDec 1970May 2018Yes
42-2533009111,948 ftOct 1970May 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 (307)

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

307 months

Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018168065.382.90$10,984
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018172061.782.77$10,626
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 2017176055.423.12$9,754
Oct 2017156049.292.98$7,689
Sep 2017173047.523.09$8,221
Aug 20170045.373.00$0
Jul 2017172043.873.09$7,546
Jun 2017176042.493.09$7,478
May 2017172045.373.26$7,804
Apr 2017175047.933.21$8,388
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 2017172049.413.42$8,499
Dec 2016171048.763.72$8,338
Nov 2016171042.492.64$7,266
Oct 2016174046.193.09$8,037
Sep 20160041.553.10$0
Aug 2016170041.442.92$7,045
Jul 2016165041.622.92$6,867
Jun 20160045.352.69$0
May 2016167042.521.99$7,101
Apr 2016162036.561.99$5,923
Mar 2016168033.011.79$5,546
Feb 20160026.472.06$0
Jan 2016170027.352.36$4,650
Dec 2015171032.362.00$5,534
Nov 2015169038.792.17$6,556
Oct 20150043.552.43$0
Sep 2015332042.992.76$14,273
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015171056.152.88$9,602
May 2015173055.212.96$9,551
Apr 2015173049.822.71$8,619
Mar 2015175042.892.93$7,506
Feb 20150044.662.98$0
Jan 2015167043.433.10$7,253
Dec 2014168054.693.59$9,188
Nov 2014169070.464.25$11,908
Oct 2014170078.303.90$13,311
Sep 2014172086.164.05$14,820
Aug 2014173089.394.04$15,464
Jul 20140096.564.18$0
Jun 2014336098.164.74$32,982
May 2014170094.734.73$16,104
Apr 2014165095.944.81$15,830
Mar 2014172095.895.06$16,493
Feb 2014165097.406.19$16,071
Jan 2014162090.404.86$14,645
Dec 2013169091.824.35$15,518
Nov 2013168088.853.74$14,927
Oct 2013328097.423.78$31,954
Sep 201300104.113.72$0
Aug 20131720104.253.52$17,931
Jul 20131680102.523.72$17,223
Jun 2013168094.403.93$15,859
May 2013169094.834.15$16,026
Apr 2013168093.964.28$15,785
Mar 2013170093.623.91$15,915
Feb 2013169091.233.42$15,418
Jan 2013173091.603.42$15,847
Dec 20120086.773.42$0
Nov 2012169086.953.62$14,695
Oct 2012352089.383.40$31,462
Sep 20120094.672.92$0
Aug 2012353092.662.91$32,709
Jul 2012178085.133.02$15,153
Jun 2012178079.822.52$14,208
May 2012175091.612.49$16,032
Apr 20121740101.652.00$17,687
Mar 20121810105.052.22$19,014
Feb 20121770101.102.57$17,895
Jan 2012178098.092.73$17,460
Dec 2011182096.873.24$17,630
Nov 2011304095.723.31$29,099
Oct 2011172084.983.65$14,617
Sep 2011175083.623.99$14,634
Aug 2011180083.404.15$15,012
Jul 2011175094.144.52$16,475
Jun 2011177092.904.64$16,443
May 2011177098.134.40$17,369
Apr 20111790105.964.33$18,967
Mar 2011353096.364.06$34,015
Feb 20110085.644.18$0
Jan 2011352086.504.59$30,448
Dec 2010176085.734.35$15,088
Nov 2010175080.843.80$14,147
Oct 2010179078.103.51$13,980
Sep 2010179072.633.98$13,001
Aug 2010354073.684.42$26,083
Jul 2010179072.554.74$12,986
Jun 2010178070.364.91$12,524
May 2010345071.124.24$24,536
Apr 2010180081.694.12$14,704
Mar 2010173078.394.39$13,561
Feb 2010195073.585.44$14,348
Jan 2010170074.365.96$12,641
Dec 2009355071.445.48$25,361
Nov 2009175074.593.75$13,053
Oct 2009181072.544.11$13,130
Sep 2009361065.543.06$23,660
Aug 2009176067.423.22$11,866
Jul 2009344061.133.46$21,029
Jun 2009181066.163.90$11,975
May 2009354054.743.93$19,378
Apr 2009177046.773.59$8,278
Mar 2009180042.144.06$7,585
Feb 2009179032.814.63$5,873
Jan 2009184035.865.37$6,598
Dec 2008181037.105.98$6,715
Nov 2008345055.496.86$19,144
Oct 2008171075.246.92$12,866
Sep 20081760101.767.88$17,910
Aug 20081790114.228.48$20,445
Jul 20083580131.0811.39$46,927
Jun 20081760131.3313.03$23,114
May 20081740123.1711.57$21,432
Apr 20081780110.3110.45$19,635
Mar 20083180101.909.66$32,404
Feb 2008154092.538.77$14,250
Jan 2008159090.388.21$14,370
Dec 2007314088.337.30$27,736
Nov 20070091.677.29$0
Oct 2007302082.856.92$25,021
Sep 2007174075.846.24$13,196
Aug 2007175069.066.39$12,086
Jul 2007152070.906.39$10,777
Jun 2007156062.007.55$9,672
May 2007236058.747.85$13,863
Apr 2007498059.617.81$29,686
Mar 2007177056.927.30$10,075
Feb 2007311055.108.22$17,136
Jan 2007161050.306.73$8,098
Dec 2006174056.656.92$9,857
Nov 2006227054.207.62$12,303
Oct 2006329054.906.01$18,062
Sep 2006335060.085.04$20,127
Aug 2006175068.717.34$12,024
Jul 20060069.376.34$0
Jun 2006342066.286.38$22,668
May 2006169066.016.42$11,156
Apr 2006345064.397.36$22,215
Mar 2006165056.707.08$9,356
Feb 2006177057.597.75$10,193
Jan 2006166060.598.93$10,058
Dec 2005164054.9413.42$9,010
Nov 20050054.6910.59$0
Oct 200520058.3413.80$1,167
Sep 20050061.4512.08$0
Aug 2005172061.519.80$10,580
Jul 2005324055.697.84$18,044
Jun 2005165052.337.38$8,634
May 2005168045.226.65$7,597
Apr 2005166049.207.36$8,167
Mar 2005168050.377.15$8,462
Feb 2005165045.226.31$7,461
Jan 2005334043.166.32$14,415
Dec 2004177039.866.75$7,055
Nov 2004173045.286.33$7,833
Oct 2004351049.706.52$17,445
Sep 20040043.245.28$0
Aug 2004310042.375.55$13,135
Jul 2004179038.286.08$6,852
Jun 2004340036.106.43$12,274
May 2004176037.486.49$6,596
Apr 2004172034.475.86$5,929
Mar 2004165034.365.53$5,669
Feb 2004173032.455.51$5,614
Jan 2004338032.036.30$10,826
Dec 2003180030.266.30$5,447
Nov 2003159028.804.60$4,579
Oct 2003348028.174.76$9,803
Sep 2003168026.314.75$4,420
Aug 2003174029.765.13$5,178
Jul 2003198029.415.17$5,823
Jun 2003159028.565.98$4,541
May 2003170026.595.97$4,520
Apr 2003328026.675.41$8,748
Mar 2003253031.146.10$7,878
Feb 2003163033.487.93$5,457
Jan 2003171030.315.58$5,183
Dec 2002168026.914.85$4,521
Nov 2002163024.664.14$4,020
Oct 2002365026.464.23$9,658
Sep 2002157027.443.64$4,308
Aug 2002176025.963.16$4,569
Jul 2002185024.583.06$4,547
Jun 2002336023.733.34$7,973
May 20020024.663.58$0
Apr 2002510023.653.51$12,062
Mar 20020022.003.10$0
Feb 2002335018.222.38$6,104
Jan 2002175017.172.38$3,005
Dec 2001177016.932.36$2,997
Nov 2001178018.072.41$3,216
Oct 2001180019.782.53$3,560
Sep 2001350024.262.25$8,491
Aug 2001173024.873.05$4,303
Jul 2001174023.933.20$4,164
Jun 2001349024.563.82$8,571
May 2001173025.524.31$4,415
Apr 2001174024.685.34$4,294
Mar 2001348024.545.38$8,540
Feb 2001173027.755.77$4,801
Jan 2001174027.478.40$4,780
Dec 2000173026.889.12$4,650
Nov 2000340032.215.66$10,951
Oct 2000178031.235.15$5,559
Sep 2000348031.875.19$11,091
Aug 2000172029.644.54$5,098
Jul 2000345028.534.09$9,843
Jun 2000172029.304.40$5,040
May 2000344027.263.68$9,377
Apr 2000171024.513.12$4,191
Mar 2000682028.422.86$19,382
Feb 20000027.622.73$0
Jan 2000346025.272.48$8,743
Dec 1999181024.282.42$4,395
Nov 1999177023.192.43$4,105
Oct 1999139020.982.80$2,916
Sep 1999169021.752.62$3,676
Aug 1999167019.262.88$3,216
Jul 1999178017.892.37$3,184
Jun 1999177015.942.36$2,821
May 1999168015.792.32$2,653
Apr 1999175015.102.21$2,643
Mar 1999183012.471.84$2,282
Feb 199917609.981.82$1,756
Jan 1999358010.381.90$3,716
Dec 199835709.201.77$3,284
Nov 19980010.892.19$0
Oct 1998175012.421.97$2,174
Sep 1998338012.592.08$4,255
Aug 1998172011.301.91$1,944
Jul 1998347011.742.24$4,074
Jun 1998168011.242.24$1,888
May 1998364012.622.21$4,594
Apr 1998184013.042.51$2,399
Mar 1998357012.802.31$4,570
Feb 1998178013.952.30$2,483
Jan 1998354014.702.15$5,204
Dec 1997362016.322.41$5,908
Nov 1997177018.193.09$3,220
Oct 1997357019.253.15$6,872
Sep 1997182017.742.95$3,229
Aug 1997353017.862.55$6,305
Jul 1997172017.582.25$3,024
Jun 1997353017.242.26$6,086
May 1997342018.972.31$6,488
Apr 1997179017.882.08$3,201
Mar 1997353018.951.94$6,689
Feb 1997179020.492.21$3,668
Jan 1997356023.483.54$8,359
Dec 1996349023.32$8,139
Nov 1996178021.97$3,911
Oct 1996346023.31$8,065
Sep 1996181022.22$4,022
Aug 1996334020.26$6,767
Jul 1996341019.55$6,667
Jun 1996329018.73$6,162
May 1996177019.43$3,439
Apr 1996348021.51$7,485
Mar 1996340019.38$6,589
Feb 1996329016.98$5,586
Jan 1996356017.07$6,077
Dec 1995353017.19$6,068
Nov 1995356016.00$5,696
Oct 1995169115.43$2,608
Sep 1995450116.18$7,281
Aug 1995360115.92$5,731
Jul 1995511115.24$7,788
Jun 1995180116.41$2,954
May 1995522117.56$9,166
Apr 1995174117.73$3,085
Mar 1995523116.44$8,598
Feb 1995168116.58$2,785
Jan 1995337115.92$5,365
Dec 1994513115.03$7,710
Nov 1994173115.90$2,751
Oct 1994346115.58$5,391
Sep 1994505115.29$7,721
Aug 1994340116.13$5,484
Jul 1994335117.56$5,883
Jun 1994529117.09$9,041
May 1994273115.88$4,335
Apr 1994350114.14$4,949
Mar 1994534112.46$6,654
Feb 1994333112.50$4,163
Jan 1994513112.66$6,495
Dec 1993686112.33$8,458
Nov 19930114.49$0
Oct 1993335115.85$5,310
Sep 1993331115.03$4,975
Aug 1993166115.66$2,600
Jul 1993336115.46$5,195
Jun 1993343116.79$5,759
May 1993338117.68$5,976
Apr 1993328118.05$5,920
Mar 1993332118.14$6,022
Feb 1993351117.90$6,283
Jan 1993160116.93$2,709

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 2018 — as filed, then multipliedworked
Oil                  168 bbl  × $ 65.38 =    $10,984
Casinghead gas         0 Mcf  × $  2.90 =         $0

────────────────────────────────────────────────────
Month total                                  $10,984

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/O/11407 is the state's own key, not one this site invented.