WADDELL, BETTIE

Name: WADDELL, BETTIE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CENTRAL TEXAS OPERATING, INC. (P-5 141255) in the SANDY HILL (STRAWN SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26719District 7BField 80680500OilCasinghead gasSave Export

Value, all time

$715 k

Jan 1993 – Jul 2006

Value, last 12 filed months

at the published price for each month

Months reported

163

no gaps in the span

Streams

oil, casinghead gas

The SANDY HILL (STRAWN SAND) field

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 16 leases and 17 wells, and the rule below applies to all of them.

Discovered

1957-02-20

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1974-06-13.

The Commission's schedule remark for this field reads: “WITH 5280 DIAG ALLOW NOT TO EXCEED ONE 49 (B) ALLOW.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	24,858 bbl	$532,056
Casinghead gas	Production	76,598 Mcf	$182,729
Total			$714,785

25,109 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 32.8052, -100.3561. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.80520, -100.35614 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

5,651 ft

1 wells filed one

Completion to plug

13.5 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 5,651 ft.

Completions filed

Nov 1992

1 of 1 wells

Plug dates filed

May 2006

1 of 1 wells

Last completion to plug: a median of 13.5 years across the 1 well that filed both dates, with the middle half between 13.5 years and 13.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-15132332	1 B	5,651 ft	Nov 1992	May 2006	Yes

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 (163)

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

163 months


Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	178	0	52.33	7.38	$9,315
May 2005	0	425	45.22	6.65	$2,827
Apr 2005	175	383	49.20	7.36	$11,429
Mar 2005	181	396	50.37	7.15	$11,950
Feb 2005	175	355	45.22	6.31	$10,154
Jan 2005	0	387	43.16	6.32	$2,447
Dec 2004	162	279	39.86	6.75	$8,341
Nov 2004	176	1	45.28	6.33	$7,976
Oct 2004	0	66	49.70	6.52	$430
Sep 2004	175	218	43.24	5.28	$8,719
Aug 2004	173	292	42.37	5.55	$8,951
Jul 2004	0	340	38.28	6.08	$2,069
Jun 2004	179	387	36.10	6.43	$8,951
May 2004	173	397	37.48	6.49	$9,062
Apr 2004	174	407	34.47	5.86	$8,382
Mar 2004	0	431	34.36	5.53	$2,383
Feb 2004	177	322	32.45	5.51	$7,518
Jan 2004	177	395	32.03	6.30	$8,158
Dec 2003	173	416	30.26	6.30	$7,856
Nov 2003	0	389	28.80	4.60	$1,788
Oct 2003	175	456	28.17	4.76	$7,100
Sep 2003	173	438	26.31	4.75	$6,632
Aug 2003	0	361	29.76	5.13	$1,852
Jul 2003	174	388	29.41	5.17	$7,124
Jun 2003	178	373	28.56	5.98	$7,315
May 2003	178	322	26.59	5.97	$6,656
Apr 2003	0	247	26.67	5.41	$1,336
Mar 2003	180	344	31.14	6.10	$7,702
Feb 2003	181	325	33.48	7.93	$8,636
Jan 2003	175	368	30.31	5.58	$7,358
Dec 2002	0	384	26.91	4.85	$1,864
Nov 2002	180	385	24.66	4.14	$6,032
Oct 2002	180	420	26.46	4.23	$6,539
Sep 2002	173	412	27.44	3.64	$6,245
Aug 2002	0	489	25.96	3.16	$1,547
Jul 2002	173	469	24.58	3.06	$5,688
Jun 2002	173	487	23.73	3.34	$5,731
May 2002	174	471	24.66	3.58	$5,979
Apr 2002	0	452	23.65	3.51	$1,588
Mar 2002	268	462	22.00	3.10	$7,329
Feb 2002	179	421	18.22	2.38	$4,262
Jan 2002	0	451	17.17	2.38	$1,071
Dec 2001	340	447	16.93	2.36	$6,813
Nov 2001	0	456	18.07	2.41	$1,097
Oct 2001	173	466	19.78	2.53	$4,600
Sep 2001	174	468	24.26	2.25	$5,275
Aug 2001	0	484	24.87	3.05	$1,478
Jul 2001	171	459	23.93	3.20	$5,559
Jun 2001	176	455	24.56	3.82	$6,063
May 2001	172	499	25.52	4.31	$6,539
Apr 2001	175	477	24.68	5.34	$6,864
Mar 2001	179	485	24.54	5.38	$7,000
Feb 2001	176	448	27.75	5.77	$7,468
Jan 2001	0	481	27.47	8.40	$4,040
Dec 2000	170	475	26.88	9.12	$8,903
Nov 2000	176	449	32.21	5.66	$8,209
Oct 2000	180	454	31.23	5.15	$7,957
Sep 2000	172	349	31.87	5.19	$7,292
Aug 2000	173	323	29.64	4.54	$6,594
Jul 2000	172	455	28.53	4.09	$6,768
Jun 2000	173	488	29.30	4.40	$7,215
May 2000	178	466	27.26	3.68	$6,567
Apr 2000	176	515	24.51	3.12	$5,919
Mar 2000	177	595	28.42	2.86	$6,732
Feb 2000	0	547	27.62	2.73	$1,491
Jan 2000	174	583	25.27	2.48	$5,843
Dec 1999	180	578	24.28	2.42	$5,771
Nov 1999	177	323	23.19	2.43	$4,891
Oct 1999	176	614	20.98	2.80	$5,414
Sep 1999	176	754	21.75	2.62	$5,803
Aug 1999	178	804	19.26	2.88	$5,740
Jul 1999	170	815	17.89	2.37	$4,975
Jun 1999	174	752	15.94	2.36	$4,550
May 1999	174	744	15.79	2.32	$4,474
Apr 1999	173	713	15.10	2.21	$4,187
Mar 1999	175	768	12.47	1.84	$3,594
Feb 1999	175	737	9.98	1.82	$3,086
Jan 1999	174	742	10.38	1.90	$3,216
Dec 1998	359	784	9.20	1.77	$4,693
Nov 1998	178	780	10.89	2.19	$3,643
Oct 1998	178	863	12.42	1.97	$3,910
Sep 1998	175	735	12.59	2.08	$3,734
Aug 1998	172	827	11.30	1.91	$3,521
Jul 1998	172	846	11.74	2.24	$3,912
Jun 1998	173	822	11.24	2.24	$3,784
May 1998	299	794	12.62	2.21	$5,525
Apr 1998	170	686	13.04	2.51	$3,935
Mar 1998	179	639	12.80	2.31	$3,767
Feb 1998	182	592	13.95	2.30	$3,900
Jan 1998	358	686	14.70	2.15	$6,741
Dec 1997	180	660	16.32	2.41	$4,529
Nov 1997	181	721	18.19	3.09	$5,519
Oct 1997	181	754	19.25	3.15	$5,859
Sep 1997	355	786	17.74	2.95	$8,620
Aug 1997	182	862	17.86	2.55	$5,453
Jul 1997	357	824	17.58	2.25	$8,128
Jun 1997	364	852	17.24	2.26	$8,198
May 1997	552	1,132	18.97	2.31	$13,085
Apr 1997	487	757	17.88	2.08	$10,284
Mar 1997	0	78	18.95	1.94	$151
Feb 1997	0	61	20.49	2.21	$135
Jan 1997	180	69	23.48	3.54	$4,471
Dec 1996	115	85	23.32	—	$2,682
Nov 1996	0	111	21.97	—	$0
Oct 1996	0	106	23.31	—	$0
Sep 1996	119	115	22.22	—	$2,644
Aug 1996	0	230	20.26	—	$0
Jul 1996	167	247	19.55	—	$3,265
Jun 1996	0	346	18.73	—	$0
May 1996	182	429	19.43	—	$3,536
Apr 1996	178	593	21.51	—	$3,829
Mar 1996	354	584	19.38	—	$6,861
Feb 1996	183	561	16.98	—	$3,107
Jan 1996	175	686	17.07	—	$2,987
Dec 1995	178	645	17.19	—	$3,060
Nov 1995	174	610	16.00	—	$2,784
Oct 1995	364	691	15.43	—	$5,617
Sep 1995	178	527	16.18	—	$2,880
Aug 1995	179	463	15.92	—	$2,850
Jul 1995	181	523	15.24	—	$2,758
Jun 1995	516	756	16.41	—	$8,468
May 1995	178	952	17.56	—	$3,126
Apr 1995	0	326	17.73	—	$0
Mar 1995	182	386	16.44	—	$2,992
Feb 1995	0	397	16.58	—	$0
Jan 1995	0	464	15.92	—	$0
Dec 1994	185	494	15.03	—	$2,781
Nov 1994	0	421	15.90	—	$0
Oct 1994	181	459	15.58	—	$2,820
Sep 1994	0	447	15.29	—	$0
Aug 1994	91	126	16.13	—	$1,468
Jul 1994	0	312	17.56	—	$0
Jun 1994	137	501	17.09	—	$2,341
May 1994	236	485	15.88	—	$3,748
Apr 1994	0	123	14.14	—	$0
Mar 1994	0	88	12.46	—	$0
Feb 1994	182	435	12.50	—	$2,275
Jan 1994	0	510	12.66	—	$0
Dec 1993	148	468	12.33	—	$1,825
Nov 1993	149	515	14.49	—	$2,159
Oct 1993	349	764	15.85	—	$5,532
Sep 1993	181	848	15.03	—	$2,720
Aug 1993	180	1,052	15.66	—	$2,819
Jul 1993	364	1,104	15.46	—	$5,627
Jun 1993	180	1,027	16.79	—	$3,022
May 1993	178	827	17.68	—	$3,147
Apr 1993	323	881	18.05	—	$5,830
Mar 1993	364	965	18.14	—	$6,603
Feb 1993	372	875	17.90	—	$6,659
Jan 1993	720	549	16.93	—	$12,190

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.

Jun 2005 — as filed, then multipliedworked

Oil                  178 bbl  × $ 52.33 =     $9,315
Casinghead gas         0 Mcf  × $  7.38 =         $0

────────────────────────────────────────────────────
Month total                                   $9,315

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/26719 is the state's own key, not one this site invented.