WHEELER, REX 2

Name: WHEELER, REX 2 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by AOCO OPERATING COMPANY, L.L.C. (P-5 26802) in the HOOPLE (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 62564District 8AField 42499500OilCasinghead gasSave

Value, all time

$789 k

Jan 1993 – May 1999

Value, last 12 filed months

$48 k

at the published price for each month

Months reported

no gaps in the span

Streams

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.

Stream	Basis	Volume	Value
Oil	Disposition	47,461 bbl	$780,819
Casinghead gas	Production	6,104 Mcf	$7,786
Total			$788,605

2,776 Mcf of this lease's gas, across 47 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 (8)

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 33.5315, -101.5228. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

33.53158, -101.52277 · 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

50.0%

4 of 8 wells

With a plug date

50.0%

4 of 8 wells

Median depth

4,515 ft

8 wells filed one

Completion to plug

17.2 years

median over 4 wells

What the state filed about each well

On the RRC proration schedule

450.0%

A plug date is filed

450.0%

BothOn the schedule and plugged. Neither fact cancels the other.

450.0%

NeitherNo plug date, and not on the schedule.

450.0%

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

10k

12k

15k

20k+

Total depth in feet, 8 of 8 wells. Median 4,515 ft, with the middle half between 4,504 and 4,524 ft; the shallowest is 4,500 ft and the deepest 4,650 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

80s

90s

00s

Last completion by decade, 8 of 8 wells, Jan 1980 – Aug 2009. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Jan 1980 – Aug 2009

8 of 8 wells

Plug dates filed

Sep 2007 – Oct 2019

4 of 8 wells; 4 filed none

Last completion to plug: a median of 17.2 years across the 4 wells that filed both dates, with the middle half between 7.3 years and 29.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells


42-10730446	8	4,500 ft	Aug 2009	—	—
42-10730445	7	4,650 ft	Jul 2009	—	—
42-10730374	2	4,505 ft	Jun 2009	Feb 2017	Yes
42-10730561	10	4,515 ft	Sep 2007	Sep 2013	Yes
42-10730564	13	4,515 ft	Feb 1981	Sep 2007	Yes
42-10730563	12	4,515 ft	Feb 1981	—	—
42-10730562	11	4,550 ft	Nov 1980	Oct 2019	Yes
42-10730425	6	4,500 ft	Jan 1980	—	—

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 (77)

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

77 months


May 1999	674	128	15.79	2.32	$10,940
Apr 1999	329	0	15.10	2.21	$4,968
Mar 1999	344	0	12.47	1.84	$4,290
Feb 1999	337	0	9.98	1.82	$3,363
Jan 1999	309	128	10.38	1.90	$3,451
Dec 1998	355	128	9.20	1.77	$3,493
Nov 1998	347	128	10.89	2.19	$4,059
Oct 1998	159	128	12.42	1.97	$2,227
Sep 1998	267	128	12.59	2.08	$3,628
Aug 1998	316	128	11.30	1.91	$3,815
Jul 1998	159	128	11.74	2.24	$2,153
Jun 1998	156	128	11.24	2.24	$2,040
May 1998	443	128	12.62	2.21	$5,873
Apr 1998	476	128	13.04	2.51	$6,528
Mar 1998	318	128	12.80	2.31	$4,366
Feb 1998	472	128	13.95	2.30	$6,879
Jan 1998	464	128	14.70	2.15	$7,097
Dec 1997	629	128	16.32	2.41	$10,574
Nov 1997	455	128	18.19	3.09	$8,672
Oct 1997	462	128	19.25	3.15	$9,297
Sep 1997	325	128	17.74	2.95	$6,144
Aug 1997	433	128	17.86	2.55	$8,060
Jul 1997	477	128	17.58	2.25	$8,673
Jun 1997	326	128	17.24	2.26	$5,909
May 1997	642	128	18.97	2.31	$12,474
Apr 1997	320	128	17.88	2.08	$5,988
Mar 1997	532	128	18.95	1.94	$10,330
Feb 1997	528	128	20.49	2.21	$11,101
Jan 1997	720	128	23.48	3.54	$17,359
Dec 1996	366	128	23.32	—	$8,535
Nov 1996	679	128	21.97	—	$14,918
Oct 1996	533	8	23.31	—	$12,424
Sep 1996	551	8	22.22	—	$12,243
Aug 1996	555	8	20.26	—	$11,244
Jul 1996	539	8	19.55	—	$10,537
Jun 1996	548	8	18.73	—	$10,264
May 1996	720	8	19.43	—	$13,990
Apr 1996	536	8	21.51	—	$11,529
Mar 1996	721	128	19.38	—	$13,973
Feb 1996	528	128	16.98	—	$8,965
Jan 1996	887	128	17.07	—	$15,141
Dec 1995	360	128	17.19	—	$6,188
Nov 1995	721	128	16.00	—	$11,536
Oct 1995	539	8	15.43	—	$8,317
Sep 1995	545	8	16.18	—	$8,818
Aug 1995	715	8	15.92	—	$11,383
Jul 1995	712	8	15.24	—	$10,851
Jun 1995	708	8	16.41	—	$11,618
May 1995	533	8	17.56	—	$9,359
Apr 1995	687	8	17.73	—	$12,181
Mar 1995	687	128	16.44	—	$11,294
Feb 1995	677	128	16.58	—	$11,225
Jan 1995	677	128	15.92	—	$10,778
Dec 1994	666	128	15.03	—	$10,010
Nov 1994	667	128	15.90	—	$10,605
Oct 1994	673	8	15.58	—	$10,485
Sep 1994	851	0	15.29	—	$13,012
Aug 1994	864	8	16.13	—	$13,936
Jul 1994	840	8	17.56	—	$14,750
Jun 1994	833	8	17.09	—	$14,236
May 1994	834	8	15.88	—	$13,244
Apr 1994	850	8	14.14	—	$12,019
Mar 1994	1,016	128	12.46	—	$12,659
Feb 1994	673	128	12.50	—	$8,413
Jan 1994	1,157	128	12.66	—	$14,648
Dec 1993	845	128	12.33	—	$10,419
Nov 1993	797	128	14.49	—	$11,549
Oct 1993	1,012	8	15.85	—	$16,040
Sep 1993	833	8	15.03	—	$12,520
Aug 1993	999	8	15.66	—	$15,644
Jul 1993	835	8	15.46	—	$12,909
Jun 1993	833	8	16.79	—	$13,986
May 1993	1,013	8	17.68	—	$17,910
Apr 1993	848	8	18.05	—	$15,306
Mar 1993	1,018	128	18.14	—	$18,467
Feb 1993	841	128	17.90	—	$15,054
Jan 1993	1,165	128	16.93	—	$19,723

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 1999 — as filed, then multipliedworked

Oil                  674 bbl  × $ 15.79 =    $10,642
Casinghead gas       128 Mcf  × $  2.32 =       $297

────────────────────────────────────────────────────
Month total                                  $10,940

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. 8A/O/62564 is the state's own key, not one this site invented.