WALLACE RANCH

Operated by WEST TEXAS OIL AND GAS OPER.,INC (P-5 910335) in the JAYTON, WEST (STRAWN SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 63295District 8AField 45991666NGPA filingOilCasinghead gasSaveExport
Value, all time
$422 k
Jan 1993 – Apr 2015
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
268
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 18 leases and 37 wells, and the rule below applies to all of them.

Discovered
1963-02-08
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

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
NGPA1none

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
OilDisposition18,242 bbl$420,758
Casinghead gasProduction1,849 Mcf$954
Total$421,712

1,452 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 33.2077, -100.6895. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.20768, -100.68950 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,580 ft
1 wells filed one
Completion to plug
33.3 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 6,580 ft.

Completions filed
May 1981
1 of 1 wells
Plug dates filed
Sep 2014
1 of 1 wells

Last completion to plug: a median of 33.3 years across the 1 well that filed both dates, with the middle half between 33.3 years and 33.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2633072326,580 ftMay 1981Sep 2014Yes

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 (268)

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

268 months

Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201428086.164.05$2,412
Aug 20140089.394.04$0
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 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20091032.814.63$33
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 200729050.306.73$1,459
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20061060.085.04$60
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006150066.286.38$9,942
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006173056.707.08$9,809
Feb 20060057.597.75$0
Jan 200637060.598.93$2,242
Dec 200547054.9413.42$2,582
Nov 2005109054.6910.59$5,961
Oct 20050058.3413.80$0
Sep 200579061.4512.08$4,855
Aug 2005107061.519.80$6,582
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 2005120045.226.65$5,426
Apr 20050049.207.36$0
Mar 2005265050.377.15$13,348
Feb 20050045.226.31$0
Jan 2005177043.166.32$7,639
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004181049.706.52$8,996
Sep 2004162043.245.28$7,005
Aug 20040042.375.55$0
Jul 2004151038.286.08$5,780
Jun 20040036.106.43$0
May 2004144037.486.49$5,397
Apr 2004143034.475.86$4,929
Mar 20040034.365.53$0
Feb 2004179032.455.51$5,809
Jan 20040032.036.30$0
Dec 2003263030.266.30$7,958
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 2003113026.314.75$2,973
Aug 2003120029.765.13$3,571
Jul 200384029.415.17$2,470
Jun 2003124028.565.98$3,541
May 2003106026.595.97$2,819
Apr 2003169026.675.41$4,507
Mar 2003179031.146.10$5,574
Feb 20030033.487.93$0
Jan 2003175030.315.58$5,304
Dec 20020026.914.85$0
Nov 2002175024.664.14$4,316
Oct 200284026.464.23$2,223
Sep 20020027.443.64$0
Aug 2002274025.963.16$7,113
Jul 20020024.583.06$0
Jun 2002177023.733.34$4,200
May 2002172024.663.58$4,242
Apr 20020023.653.51$0
Mar 200266022.003.10$1,452
Feb 200275018.222.38$1,367
Jan 2002193017.172.38$3,314
Dec 2001136016.932.36$2,302
Nov 20010018.072.41$0
Oct 2001120019.782.53$2,374
Sep 2001225024.262.25$5,459
Aug 20010024.873.05$0
Jul 2001117023.933.20$2,800
Jun 2001256024.563.82$6,287
May 2001151025.524.31$3,854
Apr 20010024.685.34$0
Mar 2001127024.545.38$3,117
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000176026.889.12$4,731
Nov 20000032.215.66$0
Oct 2000127031.235.15$3,966
Sep 2000118031.875.19$3,761
Aug 2000103029.644.54$3,053
Jul 2000171028.534.09$4,879
Jun 2000179029.304.40$5,245
May 20000027.263.68$0
Apr 2000138024.513.12$3,382
Mar 200091028.422.86$2,586
Feb 2000121027.622.73$3,342
Jan 2000132025.272.48$3,336
Dec 1999232024.282.42$5,633
Nov 19990023.192.43$0
Oct 1999138020.982.80$2,895
Sep 1999132021.752.62$2,871
Aug 1999119019.262.88$2,292
Jul 1999120017.892.37$2,147
Jun 1999176015.942.36$2,805
May 199991015.792.32$1,437
Apr 19991721415.102.21$2,628
Mar 199984412.471.84$1,055
Feb 199924739.981.82$2,471
Jan 199991310.381.90$950
Dec 199814169.201.77$1,308
Nov 1998144910.892.19$1,588
Oct 1998134612.421.97$1,676
Sep 1998142612.592.08$1,800
Aug 1998140811.301.91$1,597
Jul 19982931611.742.24$3,476
Jun 199801611.242.24$36
May 19981621512.622.21$2,078
Apr 19981801213.042.51$2,377
Mar 19981981012.802.31$2,557
Feb 199801213.952.30$28
Jan 19981541114.702.15$2,288
Dec 19971631016.322.41$2,684
Nov 19971051818.193.09$1,966
Oct 19971672119.253.15$3,281
Sep 1997192317.742.95$3,415
Aug 19971502717.862.55$2,748
Jul 19971753217.582.25$3,148
Jun 199702317.242.26$52
May 199703118.972.31$72
Apr 19971632317.882.08$2,962
Mar 19971601618.951.94$3,063
Feb 19971761620.492.21$3,642
Jan 19971602623.483.54$3,849
Dec 19961723823.32$4,011
Nov 19961753921.97$3,845
Oct 199602723.31$0
Sep 19961104222.22$2,444
Aug 19961103120.26$2,229
Jul 19961042619.55$2,033
Jun 19961103318.73$2,060
May 19961093319.43$2,118
Apr 19961111121.51$2,388
Mar 19961172019.38$2,267
Feb 19961281416.98$2,173
Jan 1996216817.07$3,687
Dec 199501017.19$0
Nov 19951371316.00$2,192
Oct 1995952215.43$1,466
Sep 19951261916.18$2,039
Aug 19951262215.92$2,006
Jul 19951142515.24$1,737
Jun 19951142216.41$1,871
May 19951111917.56$1,949
Apr 19951201717.73$2,128
Mar 19951202816.44$1,973
Feb 19951232816.58$2,039
Jan 19951223315.92$1,942
Dec 19942593315.03$3,893
Nov 199403615.90$0
Oct 19941343815.58$2,088
Sep 19941175815.29$1,789
Aug 19941234416.13$1,984
Jul 19941324517.56$2,318
Jun 19941224617.09$2,085
May 19941204115.88$1,906
Apr 19941392814.14$1,965
Mar 19941372512.46$1,707
Feb 1994122612.50$1,525
Jan 19941242512.66$1,570
Dec 19931793412.33$2,207
Nov 1993833214.49$1,203
Oct 19931454515.85$2,298
Sep 19931744815.03$2,615
Aug 19931464515.66$2,286
Jul 19931383815.46$2,133
Jun 19931763716.79$2,955
May 1993972617.68$1,715
Apr 19931192918.05$2,148
Mar 19931223818.14$2,213
Feb 19931543217.90$2,757
Jan 19931894316.93$3,200

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.

Sep 2014 — as filed, then multipliedworked
Oil                   28 bbl  × $ 86.16 =     $2,412
Casinghead gas         0 Mcf  × $  4.05 =         $0

────────────────────────────────────────────────────
Month total                                   $2,412

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/63295 is the state's own key, not one this site invented.