WADE

Operated by P1 ENERGY, LLC (P-5 631633) in the RAMON (LEONARD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12283District 7CField 74450300OilCasinghead gasSave
Value, all time
$22.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$363 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition545,634 bbl$22,369,111
Casinghead gasProduction3,562 Mcf$1,700
Total$22,370,811

2,902 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 (7)

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 30.8430, -100.6689. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

30.84304, -100.66870 · 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 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
2,850 ft
7 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.
7100.0%

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 2,750 and 2,950 ft, median 2,850 ft, over the 7 wells that filed a depth.

Completions filed
Oct 1987 – Jul 2000
7 of 7 wells

7 wells

42-4133208282,850 ftJul 2000
42-4133205772,850 ftAug 1999
42-4133195762,950 ftJan 1996
42-4133195152,950 ftJan 1996
42-4133169232,750 ftNov 1988
42-4133165422,775 ftFeb 1988
42-4133164212,825 ftOct 1987

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 (401)

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

401 months

May 202600106.413.05$0
Apr 2026173098.932.87$17,115
Mar 2026668089.753.15$59,953
Feb 2026496063.503.75$31,496
Jan 2026163059.138.00$9,638
Dec 2025499056.664.41$28,273
Nov 2025505058.593.93$29,588
Oct 2025513059.383.30$30,462
Sep 2025591062.743.08$37,079
Aug 2025650063.933.01$41,555
Jul 2025659066.743.32$43,982
Jun 2025505066.483.13$33,572
May 2025681060.553.23$41,235
Apr 2025347062.363.54$21,639
Mar 2025526067.704.27$35,610
Feb 2025342070.884.34$24,241
Jan 2025177074.324.28$13,155
Dec 2024524068.993.12$36,151
Nov 2024187069.052.20$12,912
Oct 2024356071.372.28$25,408
Sep 2024356069.612.36$24,781
Aug 2024338075.632.06$25,563
Jul 2024683079.932.15$54,592
Jun 2024342078.082.63$26,703
May 2024680078.812.20$53,591
Apr 2024191084.451.66$16,130
Mar 2024812080.301.55$65,204
Feb 2024350076.091.78$26,632
Jan 20240073.023.30$0
Dec 2023177071.262.61$12,613
Nov 2023553077.892.81$43,073
Oct 2023187085.443.09$15,977
Sep 2023177089.042.74$15,760
Aug 2023512080.522.67$41,226
Jul 2023362074.852.64$27,096
Jun 2023540068.962.26$37,238
May 2023339070.622.23$23,940
Apr 2023538078.122.24$42,029
Mar 2023534072.852.39$38,902
Feb 2023530075.112.47$39,808
Jan 2023363076.533.39$27,780
Dec 2022527076.415.73$40,268
Nov 2022535085.005.65$45,475
Oct 2022516087.185.86$44,985
Sep 2022862084.888.16$73,167
Aug 2022516094.529.13$48,772
Jul 20225190101.587.54$52,720
Jun 20226320115.097.98$72,737
May 20221,0090109.378.43$110,354
Apr 20225030104.226.84$52,423
Mar 20225070108.885.08$55,202
Feb 2022174091.054.86$15,843
Jan 2022661081.844.54$54,096
Dec 2021676071.323.90$48,212
Nov 20211,000077.435.24$77,430
Oct 2021515079.795.71$41,092
Sep 2021833069.865.35$58,193
Aug 2021638066.024.22$42,121
Jul 2021643070.783.98$45,512
Jun 2021833069.493.38$57,885
May 2021804063.483.02$51,038
Apr 2021500060.362.76$30,180
Mar 2021518061.302.72$31,753
Feb 20210057.805.55$0
Jan 2021333050.412.81$16,787
Dec 2020786044.642.68$35,087
Nov 2020669038.772.71$25,937
Oct 2020662036.972.48$24,474
Sep 20200037.091.99$0
Aug 2020173039.982.39$6,917
Jul 2020173038.371.83$6,638
Jun 2020274034.901.69$9,563
May 2020176016.921.81$2,978
Apr 20200014.751.80$0
Mar 2020538030.341.86$16,323
Feb 2020373049.881.98$18,605
Jan 2020368057.252.09$21,068
Dec 2019189059.012.30$11,153
Nov 2019365055.302.75$20,185
Oct 2019184053.472.42$9,838
Sep 2019176055.052.66$9,689
Aug 2019356053.112.30$18,907
Jul 2019180056.272.46$10,129
Jun 2019179052.782.49$9,448
May 2019188058.482.74$10,994
Apr 20190062.632.75$0
Mar 2019180056.803.06$10,224
Feb 2019360050.852.79$18,306
Jan 2019362046.033.23$16,663
Dec 2018177046.594.19$8,246
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018185059.543.11$11,015
Aug 2018175059.403.07$10,395
Jul 2018547065.142.93$35,632
Jun 2018175060.183.08$10,532
May 2018177065.382.90$11,572
Apr 20180063.842.90$0
Mar 2018349061.222.79$21,366
Feb 2018357061.782.77$22,055
Jan 2018362062.874.01$22,759
Dec 2017185057.272.92$10,595
Nov 2017364055.423.12$20,173
Oct 2017530049.292.98$26,124
Sep 2017175047.523.09$8,316
Aug 2017539045.373.00$24,454
Jul 2017180043.873.09$7,897
Jun 2017714042.493.09$30,338
May 2017530045.373.26$24,046
Apr 2017737047.933.21$35,324
Mar 2017717046.772.98$33,534
Feb 2017359050.452.95$18,112
Jan 2017905049.413.42$44,716
Dec 2016354048.763.72$17,261
Nov 2016550042.492.64$23,370
Oct 2016814046.193.09$37,599
Sep 2016513041.553.10$21,315
Aug 2016875041.442.92$36,260
Jul 2016710041.622.92$29,550
Jun 2016897045.352.69$40,679
May 2016537042.521.99$22,833
Apr 2016700036.561.99$25,592
Mar 2016884033.011.79$29,181
Feb 2016524026.472.06$13,870
Jan 2016900027.352.36$24,615
Dec 2015534032.362.00$17,280
Nov 2015686038.792.17$26,610
Oct 2015354043.552.43$15,417
Sep 2015524042.992.76$22,527
Aug 2015525040.162.87$21,084
Jul 2015691048.152.95$33,272
Jun 2015534056.152.88$29,984
May 2015698055.212.96$38,537
Apr 2015661049.822.71$32,931
Mar 2015686042.892.93$29,423
Feb 2015530044.662.98$23,670
Jan 2015878043.433.10$38,132
Dec 2014543054.693.59$29,697
Nov 2014858070.464.25$60,455
Oct 2014354078.303.90$27,718
Sep 2014876086.164.05$75,476
Aug 2014693089.394.04$61,947
Jul 2014533096.564.18$51,466
Jun 2014879098.164.74$86,283
May 2014534094.734.73$50,586
Apr 2014887095.944.81$85,099
Mar 2014526095.895.06$50,438
Feb 2014882097.406.19$85,907
Jan 2014541090.404.86$48,906
Dec 2013867091.824.35$79,608
Nov 20131,066088.853.74$94,714
Oct 2013711097.423.78$69,266
Sep 20137140104.113.72$74,335
Aug 20131,0440104.253.52$108,837
Jul 20135280102.523.72$54,131
Jun 2013893094.403.93$84,299
May 2013715094.834.15$67,803
Apr 2013354093.964.28$33,262
Mar 2013876093.623.91$82,011
Feb 2013537091.233.42$48,991
Jan 2013892091.603.42$81,707
Dec 2012723086.773.42$62,735
Nov 2012886086.953.62$77,038
Oct 2012716089.383.40$63,996
Sep 2012878094.672.92$83,120
Aug 2012720092.662.91$66,715
Jul 20121,073085.133.02$91,344
Jun 2012538079.822.52$42,943
May 20121,234091.612.49$113,047
Apr 20127180101.652.00$72,985
Mar 20121,0780105.052.22$113,244
Feb 20121,0890101.102.57$110,098
Jan 20121,254098.092.73$123,005
Dec 2011905096.873.24$87,667
Nov 2011720095.723.31$68,918
Oct 2011890084.983.65$75,632
Sep 2011887083.623.99$74,171
Aug 20111,240083.404.15$103,416
Jul 20111,070094.144.52$100,730
Jun 2011880092.904.64$81,752
May 20111,237098.134.40$121,387
Apr 20111,2180105.964.33$129,059
Mar 20111,061096.364.06$102,238
Feb 2011720085.644.18$61,661
Jan 20111,060086.504.59$91,690
Dec 20101,242085.734.35$106,477
Nov 2010866080.843.80$70,007
Oct 20101,038078.103.51$81,068
Sep 20101,064072.633.98$77,278
Aug 2010880073.684.42$64,838
Jul 20101,062072.554.74$77,048
Jun 20101,068070.364.91$75,144
May 20101,066071.124.24$75,814
Apr 20101,065081.694.12$87,000
Mar 20101,218078.394.39$95,479
Feb 20101,069073.585.44$78,657
Jan 20101,194074.365.96$88,786
Dec 2009537071.445.48$38,363
Nov 20091,240074.593.75$92,492
Oct 20091,241072.544.11$90,022
Sep 20091,241065.543.06$81,335
Aug 20091,427067.423.22$96,208
Jul 20091,418061.133.46$86,682
Jun 20091,423066.163.90$94,146
May 20091,228054.743.93$67,221
Apr 20091,770046.773.59$82,783
Mar 2009532042.144.06$22,418
Feb 2009549032.814.63$18,013
Jan 20091,247035.865.37$44,717
Dec 2008893037.105.98$33,130
Nov 20081,243055.496.86$68,974
Oct 2008907075.246.92$68,243
Sep 20081,2580101.767.88$128,014
Aug 20081,5980114.228.48$182,524
Jul 20081,0830131.0811.39$141,960
Jun 20081,5610131.3313.03$205,006
May 20081,2050123.1711.57$148,420
Apr 20081,5320110.3110.45$168,995
Mar 20081,5370101.909.66$156,620
Feb 20081,192092.538.77$110,296
Jan 20081,534090.388.21$138,643
Dec 20071,232088.337.30$108,823
Nov 20071,063091.677.29$97,445
Oct 20071,245082.856.92$103,148
Sep 20071,416075.846.24$107,389
Aug 20071,068069.066.39$73,756
Jul 20071,237070.906.39$87,703
Jun 20071,066062.007.55$66,092
May 20071,417058.747.85$83,235
Apr 20071,248059.617.81$74,393
Mar 2007897056.927.30$51,057
Feb 20071,083055.108.22$59,673
Jan 20071,452050.306.73$73,036
Dec 20061,425056.656.92$80,726
Nov 20061,238054.207.62$67,100
Oct 20061,393054.906.01$76,476
Sep 20061,262060.085.04$75,821
Aug 20061,592068.717.34$109,386
Jul 20061,641069.376.34$113,836
Jun 20061,166066.286.38$77,282
May 20061,589066.016.42$104,890
Apr 20061,556064.397.36$100,191
Mar 20061,710056.707.08$96,957
Feb 20061,365057.597.75$78,610
Jan 20061,543060.598.93$93,490
Dec 20051,383054.9413.42$75,982
Nov 20051,446054.6910.59$79,082
Oct 20051,785058.3413.80$104,137
Sep 20051,746061.4512.08$107,292
Aug 20052,054061.519.80$126,342
Jul 20052,021055.697.84$112,549
Jun 20051,952052.337.38$102,148
May 20052,283045.226.65$103,237
Apr 20052,081049.207.36$102,385
Mar 20052,453050.377.15$123,558
Feb 20051,970045.226.31$89,083
Jan 20052,330043.166.32$100,563
Dec 20041,385039.866.75$55,206
Nov 20041,947045.286.33$88,160
Oct 20042,267049.706.52$112,670
Sep 20042,251043.245.28$97,333
Aug 20042,277042.375.55$96,476
Jul 20042,414038.286.08$92,408
Jun 20042,304036.106.43$83,174
May 20042,497037.486.49$93,588
Apr 20042,332034.475.86$80,384
Mar 20042,716034.365.53$93,322
Feb 20042,127032.455.51$69,021
Jan 20042,690032.036.30$86,161
Dec 20032,782030.266.30$84,183
Nov 20032,495028.804.60$71,856
Oct 20032,861028.174.76$80,594
Sep 20032,461026.314.75$64,749
Aug 20032,808029.765.13$83,566
Jul 20032,680029.415.17$78,819
Jun 20032,864028.565.98$81,796
May 20033,019026.595.97$80,275
Apr 20032,844026.675.41$75,849
Mar 20033,057031.146.10$95,195
Feb 20032,425033.487.93$81,189
Jan 20033,248030.315.58$98,447
Dec 20023,393026.914.85$91,306
Nov 20023,607024.664.14$88,949
Oct 20023,043026.464.23$80,518
Sep 20023,596027.443.64$98,674
Aug 20023,554025.963.16$92,262
Jul 20023,599024.583.06$88,463
Jun 20023,050023.733.34$72,377
May 20023,069024.663.58$75,682
Apr 20023,804023.653.51$89,965
Mar 20022,501022.003.10$55,022
Feb 20022,847018.222.38$51,872
Jan 20023,418017.172.38$58,687
Dec 20013,819016.932.36$64,656
Nov 20013,597018.072.41$64,998
Oct 20013,722019.782.53$73,621
Sep 20013,766024.262.25$91,363
Aug 20014,416024.873.05$109,826
Jul 20014,751023.933.20$113,691
Jun 20014,749024.563.82$116,635
May 20014,842025.524.31$123,568
Apr 20014,355024.685.34$107,481
Mar 20014,966024.545.38$121,866
Feb 20014,740027.755.77$131,535
Jan 20015,032027.478.40$138,229
Dec 20005,187026.889.12$139,427
Nov 20005,561032.215.66$179,120
Oct 20006,193031.235.15$193,407
Sep 20005,570031.875.19$177,516
Aug 20006,654029.644.54$197,225
Jul 20005,923028.534.09$168,983
Jun 20005,746029.304.40$168,358
May 20005,259027.263.68$143,360
Apr 20006,519024.513.12$159,781
Mar 20006,882028.422.86$195,586
Feb 20006,735027.622.73$186,021
Jan 20005,306025.272.48$134,083
Dec 19994,559024.282.42$110,693
Nov 19994,274023.192.43$99,114
Oct 19994,302020.982.80$90,256
Sep 19993,823021.752.62$83,150
Aug 19993,336019.262.88$64,251
Jul 19993,070017.892.37$54,922
Jun 19993,406015.942.36$54,292
May 19993,412015.792.32$53,875
Apr 19993,267015.102.21$49,332
Mar 19993,465012.471.84$43,209
Feb 19992,55109.981.82$25,459
Jan 19993,478010.381.90$36,102
Dec 19982,90309.201.77$26,708
Nov 19983,716010.892.19$40,467
Oct 19983,446012.421.97$42,799
Sep 19983,089012.592.08$38,891
Aug 19983,092011.301.91$34,940
Jul 19983,584011.742.24$42,076
Jun 19983,273011.242.24$36,789
May 19983,339012.622.21$42,138
Apr 19983,294013.042.51$42,954
Mar 19982,724012.802.31$34,867
Feb 19982,235013.952.30$31,178
Jan 19982,903014.702.15$42,674
Dec 19972,885016.322.41$47,083
Nov 19973,2316018.193.09$58,957
Oct 19973,7786019.253.15$72,915
Sep 19972,9866017.742.95$53,149
Aug 19973,2766017.862.55$58,663
Jul 19973,2546017.582.25$57,340
Jun 19972,5276017.242.26$43,701
May 19972,3286018.972.31$44,301
Apr 19971,9626017.882.08$35,206
Mar 19971,9486018.951.94$37,031
Feb 19971,4646020.492.21$30,130
Jan 19973746023.483.54$8,994
Dec 19967246023.32$16,884
Nov 19967246021.97$15,906
Oct 19968996023.31$20,956
Sep 19966996022.22$15,532
Aug 19963536020.26$7,152
Jul 19963496019.55$6,823
Jun 19961716018.73$3,203
May 19961696019.43$3,284
Apr 19961736021.51$3,721
Mar 19961796019.38$3,469
Feb 19963626016.98$6,147
Jan 199606017.07$0
Dec 19951836017.19$3,146
Nov 19951776016.00$2,832
Oct 199506015.43$0
Sep 19951786016.18$2,880
Aug 19951796015.92$2,850
Jul 19951726015.24$2,621
Jun 199506016.41$0
May 19951786017.56$3,126
Apr 19951816017.73$3,209
Mar 19951856016.44$3,041
Feb 19951766016.58$2,918
Jan 199506015.92$0
Dec 19941776015.03$2,660
Nov 19941806015.90$2,862
Oct 19941806015.58$2,804
Sep 19941816015.29$2,767
Aug 19941816016.13$2,920
Jul 199406017.56$0
Jun 19941806017.09$3,076
May 19941806015.88$2,858
Apr 19941816014.14$2,559
Mar 19941806012.46$2,243
Feb 19941826012.50$2,275
Jan 19941816012.66$2,291
Dec 19931786012.33$2,195
Nov 19931816214.49$2,623
Oct 19931786215.85$2,821
Sep 19933586215.03$5,381
Aug 19931736215.66$2,709
Jul 19931816215.46$2,798
Jun 19931796216.79$3,005
May 199306217.68$0
Apr 199306218.05$0
Mar 19931786218.14$3,229
Feb 19933596217.90$6,426
Jan 19931766216.93$2,980

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.

Apr 2026 — as filed, then multipliedworked
Oil                  173 bbl  × $ 98.93 =    $17,115
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $17,115

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. 7C/O/12283 is the state's own key, not one this site invented.