WILSON, PRESTON

Operated by FOUR C OIL & GAS CORP. (P-5 280588) in the HERMLEIGH (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 62984District 8AField 40716333NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.0 M
Jan 1993 – Jul 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
259
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 40 leases and 61 wells, and the rule below applies to all of them.

Discovered
1953-10-22
as the register files it
Field class
Oil
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 40 acres. The field rule took effect on 2006-08-01.

The Commission's schedule remark for this field reads: PSUEDO RULES FOR HORIZONTAL WELLS.

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
NGPA5none

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
OilDisposition42,877 bbl$1,810,157
Casinghead gasProduction45,188 Mcf$142,106
Total$1,952,263

13,356 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 (6)

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 32.7023, -100.7196. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.70239, -100.72066 · 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%
6 of 6 wells
With a plug date
100.0%
6 of 6 wells
Median depth
7,369 ft
6 wells filed one
Completion to plug
20.5 years
median over 6 wells

What the state filed about each well

On the RRC proration schedule
6100.0%
A plug date is filed
6100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
6100.0%
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 7,050 and 7,545 ft, median 7,369 ft, over the 6 wells that filed a depth.

Completions filed
Aug 1980 – Dec 1985
6 of 6 wells
Plug dates filed
Feb 1991 – Dec 2012
6 of 6 wells

Last completion to plug: a median of 20.5 years across the 6 wells that filed both dates, with the middle half between 11.2 years and 27.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-4153280787,197 ftDec 1985Dec 2012Yes
42-4153257277,545 ftMay 1984Mar 2011Yes
42-4153252267,050 ftNov 1983Feb 1991Yes
42-4150219847,319 ftJan 1983Feb 2011Yes
42-4153239537,437 ftJan 1983Mar 1993Yes
42-4153142517,419 ftAug 1980Sep 1994Yes

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 (259)

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

259 months

Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012160092.662.91$14,826
Jul 20120085.133.02$0
Jun 2012012279.822.52$307
May 2012015391.612.49$381
Apr 201216247101.652.00$16,561
Mar 2012086105.052.22$191
Feb 2012091101.102.57$234
Jan 201218614398.092.73$18,636
Dec 2011016396.873.24$528
Nov 2011014495.723.31$477
Oct 201118514384.983.65$16,243
Sep 2011012683.623.99$502
Aug 20115212783.404.15$4,864
Jul 201117616894.144.52$17,328
Jun 201103592.904.64$162
May 2011014398.134.40$630
Apr 2011181147105.964.33$19,816
Mar 2011014696.364.06$592
Feb 2011012185.644.18$506
Jan 201117919486.504.59$16,374
Dec 201016316985.734.35$14,709
Nov 2010020580.843.80$778
Oct 2010022578.103.51$790
Sep 201018522372.633.98$14,324
Aug 201018023773.684.42$14,310
Jul 2010023272.554.74$1,099
Jun 201018118870.364.91$13,658
May 2010020071.124.24$847
Apr 201035346081.694.12$30,733
Mar 20101783978.394.39$14,125
Feb 20103554073.585.44$26,339
Jan 201018749674.365.96$16,864
Dec 200937160271.445.48$29,805
Nov 200918459274.593.75$15,945
Oct 200937362472.544.11$29,622
Sep 200936352165.543.06$25,388
Aug 200936063667.423.22$26,318
Jul 200937046061.133.46$24,212
Jun 200936966866.163.90$27,015
May 200935565154.743.93$21,988
Apr 200936176946.773.59$19,643
Mar 200952271842.144.06$24,911
Feb 200917047232.814.63$7,764
Jan 200935333435.865.37$14,452
Dec 200817839337.105.98$8,953
Nov 200817436155.496.86$12,132
Oct 20083548475.246.92$27,216
Sep 2008350248101.767.88$37,570
Aug 2008498200114.228.48$58,578
Jul 200817496131.0811.39$23,901
Jun 200818942131.3313.03$25,369
May 200800123.1711.57$0
Apr 200835035110.3110.45$38,974
Mar 2008040101.909.66$387
Feb 2008352092.538.77$32,571
Jan 20081813890.388.21$16,671
Dec 20071769288.337.30$16,218
Nov 20071758591.677.29$16,662
Oct 200734710782.856.92$29,490
Sep 200717814575.846.24$14,405
Aug 200734616969.066.39$24,974
Jul 200717119170.906.39$13,344
Jun 200717130762.007.55$12,919
May 200734930758.747.85$22,909
Apr 2007347059.617.81$20,685
Mar 200735336356.927.30$22,743
Feb 200734529355.108.22$21,417
Jan 200735030050.306.73$19,623
Dec 200635430156.656.92$22,137
Nov 200635430654.207.62$21,518
Oct 200635343454.906.01$21,990
Sep 200617631760.085.04$12,171
Aug 200634324968.717.34$25,395
Jul 200634431169.376.34$25,836
Jun 200617410766.286.38$12,216
May 200616811466.016.42$11,822
Apr 200629914764.397.36$20,335
Mar 200627915256.707.08$16,896
Feb 2006011057.597.75$853
Jan 200634426160.598.93$23,175
Dec 2005333054.9413.42$18,295
Nov 20053249554.6910.59$18,725
Oct 2005161358.3413.80$9,434
Sep 20053301461.4512.08$20,448
Aug 200534310261.519.80$22,097
Jul 200517110255.697.84$10,323
Jun 200546028452.337.38$26,168
May 200516923845.226.65$9,225
Apr 2005015549.207.36$1,141
Mar 200515021750.377.15$9,108
Feb 200516615945.226.31$8,510
Jan 20051406843.166.32$6,472
Dec 20040039.866.75$0
Nov 200414622245.286.33$8,016
Oct 200415025749.706.52$9,129
Sep 200414823143.245.28$7,620
Aug 200416022642.375.55$8,034
Jul 2004171038.286.08$6,546
Jun 2004017036.106.43$1,094
May 200416919837.486.49$7,620
Apr 200417212334.475.86$6,649
Mar 2004174034.365.53$5,979
Feb 2004174032.455.51$5,646
Jan 2004167032.036.30$5,349
Dec 2003176030.266.30$5,326
Nov 20030028.804.60$0
Oct 2003168028.174.76$4,733
Sep 2003172026.314.75$4,525
Aug 20030029.765.13$0
Jul 2003171029.415.17$5,029
Jun 2003171028.565.98$4,884
May 2003173026.595.97$4,600
Apr 2003172026.675.41$4,587
Mar 20030031.146.10$0
Feb 2003165033.487.93$5,524
Jan 2003168030.315.58$5,092
Dec 2002176026.914.85$4,736
Nov 20020024.664.14$0
Oct 2002173026.464.23$4,578
Sep 2002172027.443.64$4,720
Aug 2002169025.963.16$4,387
Jul 2002170024.583.06$4,179
Jun 20020023.733.34$0
May 2002170024.663.58$4,192
Apr 2002170023.653.51$4,021
Mar 2002348022.003.10$7,656
Feb 2002175018.222.38$3,189
Jan 20020017.172.38$0
Dec 2001174016.932.36$2,946
Nov 20010018.072.41$0
Oct 2001175019.782.53$3,462
Sep 20010024.262.25$0
Aug 2001171024.873.05$4,253
Jul 2001169023.933.20$4,044
Jun 20010024.563.82$0
May 2001171025.524.31$4,364
Apr 2001164024.685.34$4,048
Mar 20010024.545.38$0
Feb 2001176027.755.77$4,884
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000173032.215.66$5,572
Oct 2000172031.235.15$5,372
Sep 20000831.875.19$41
Aug 20001709629.644.54$5,475
Jul 2000012328.534.09$503
Jun 200017510229.304.40$5,576
May 200009727.263.68$357
Apr 200017212824.513.12$4,615
Mar 2000017928.422.86$512
Feb 200017812627.622.73$5,260
Jan 2000013625.272.48$337
Dec 199917311124.282.42$4,469
Nov 1999019623.192.43$477
Oct 199918022820.982.80$4,416
Sep 199917725921.752.62$4,528
Aug 1999021519.262.88$618
Jul 199917622517.892.37$3,682
Jun 199917822015.942.36$3,357
May 199917527415.792.32$3,399
Apr 199917924915.102.21$3,253
Mar 199917830812.471.84$2,786
Feb 19991752159.981.82$2,137
Jan 199917929310.381.90$2,415
Dec 19981783049.201.77$2,177
Nov 1998022010.892.19$481
Oct 199818232112.421.97$2,893
Sep 199817512012.592.08$2,453
Aug 199817520411.301.91$2,367
Jul 199817417111.742.24$2,425
Jun 199817022811.242.24$2,421
May 199817515512.622.21$2,550
Apr 199817613513.042.51$2,633
Mar 1998178712.802.31$2,295
Feb 19981731513.952.30$2,448
Jan 199835814914.702.15$5,584
Dec 199717542916.322.41$3,890
Nov 199735240818.193.09$7,663
Oct 199735380819.253.15$9,340
Sep 199735149417.742.95$7,686
Aug 199752634417.862.55$10,273
Jul 199752111517.582.25$9,418
Jun 199717631917.242.26$3,754
May 199717629818.972.31$4,027
Apr 199717529617.882.08$3,746
Mar 199717620318.951.94$3,729
Feb 199717533620.492.21$4,327
Jan 199735333623.483.54$9,478
Dec 199617325823.32$4,034
Nov 1996021321.97$0
Oct 199617624823.31$4,103
Sep 199634737122.22$7,710
Aug 1996032420.26$0
Jul 199619126119.55$3,734
Jun 199634639018.73$6,481
May 199617333019.43$3,361
Apr 1996022421.51$0
Mar 199617327619.38$3,353
Feb 199617314816.98$2,938
Jan 199652622817.07$8,979
Dec 199517131617.19$2,939
Nov 199515018516.00$2,400
Oct 1995025515.43$0
Sep 199516417116.18$2,654
Aug 199534345715.92$5,461
Jul 199516336815.24$2,484
Jun 1995029916.41$0
May 199517926717.56$3,143
Apr 199517228817.73$3,050
Mar 199517832216.44$2,926
Feb 1995026616.58$0
Jan 199517827515.92$2,834
Dec 199435725815.03$5,366
Nov 199417720615.90$2,814
Oct 199417228215.58$2,680
Sep 199417828115.29$2,722
Aug 199417730016.13$2,855
Jul 199417326817.56$3,038
Jun 199417129217.09$2,922
May 199435530415.88$5,637
Apr 1994030614.14$0
Mar 199433025412.46$4,112
Feb 199418322212.50$2,288
Jan 1994022012.66$0
Dec 199335622512.33$4,389
Nov 199317737614.49$2,565
Oct 199317030015.85$2,695
Sep 199317831115.03$2,675
Aug 199335034415.66$5,481
Jul 199317327315.46$2,675
Jun 199336323516.79$6,095
May 199319320117.68$3,412
Apr 199317928518.05$3,231
Mar 199317931918.14$3,247
Feb 199316724217.90$2,989
Jan 199336331216.93$6,146

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.

Aug 2012 — as filed, then multipliedworked
Oil                  160 bbl  × $ 92.66 =    $14,826
Casinghead gas         0 Mcf  × $  2.91 =         $0

────────────────────────────────────────────────────
Month total                                  $14,826

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/62984 is the state's own key, not one this site invented.