WALLACE RANCH "F"

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 65238District 8AField 45991666NGPA filingOilCasinghead gasSaveExport
Value, all time
$763 k
Jan 1993 – Oct 2015
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
274
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
OilDisposition24,840 bbl$761,509
Casinghead gasProduction2,730 Mcf$1,264
Total$762,773

2,204 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 33.2196, -100.6999. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.21956, -100.69991 · 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
6,555 ft
1 wells filed one
Completion to plug
30.4 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 6,555 ft.

Completions filed
Feb 1985
1 of 1 wells
Plug dates filed
Jul 2015
1 of 1 wells

Last completion to plug: a median of 30.4 years across the 1 well that filed both dates, with the middle half between 30.4 years and 30.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-26331051116,555 ftFeb 1985Jul 2015Yes

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 (274)

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

274 months

Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 201584048.152.95$4,045
Jun 20150056.152.88$0
May 20150055.212.96$0
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 20140086.164.05$0
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 201159085.644.18$5,053
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 201046074.365.96$3,421
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009111072.544.11$8,052
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 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20082055.496.86$111
Oct 200879075.246.92$5,944
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 2008950110.3110.45$10,479
Mar 20081880101.909.66$19,157
Feb 20080092.538.77$0
Jan 2008107090.388.21$9,671
Dec 2007122088.337.30$10,776
Nov 200787091.677.29$7,975
Oct 200780082.856.92$6,628
Sep 2007193075.846.24$14,637
Aug 20070069.066.39$0
Jul 2007177070.906.39$12,549
Jun 20070062.007.55$0
May 200786058.747.85$5,052
Apr 2007193059.617.81$11,505
Mar 20070056.927.30$0
Feb 2007189055.108.22$10,414
Jan 2007195050.306.73$9,809
Dec 200672056.656.92$4,079
Nov 20060054.207.62$0
Oct 2006134054.906.01$7,357
Sep 2006139060.085.04$8,351
Aug 2006157068.717.34$10,787
Jul 2006175069.376.34$12,140
Jun 2006175066.286.38$11,599
May 20060066.016.42$0
Apr 2006155064.397.36$9,980
Mar 2006157056.707.08$8,902
Feb 2006160057.597.75$9,214
Jan 2006196060.598.93$11,876
Dec 2005163054.9413.42$8,955
Nov 2005156054.6910.59$8,532
Oct 2005188058.3413.80$10,968
Sep 2005150061.4512.08$9,218
Aug 2005174061.519.80$10,703
Jul 2005183055.697.84$10,191
Jun 2005165052.337.38$8,634
May 2005141045.226.65$6,376
Apr 20050049.207.36$0
Mar 2005191050.377.15$9,621
Feb 2005351045.226.31$15,872
Jan 2005198043.166.32$8,546
Dec 2004189039.866.75$7,534
Nov 20040045.286.33$0
Oct 2004200049.706.52$9,940
Sep 2004295043.245.28$12,756
Aug 2004188042.375.55$7,966
Jul 2004189038.286.08$7,235
Jun 20040036.106.43$0
May 2004184037.486.49$6,896
Apr 2004188034.475.86$6,480
Mar 2004185034.365.53$6,357
Feb 2004165032.455.51$5,354
Jan 2004186032.036.30$5,958
Dec 2003242030.266.30$7,323
Nov 2003162028.804.60$4,666
Oct 2003148028.174.76$4,169
Sep 200374026.314.75$1,947
Aug 200364029.765.13$1,905
Jul 200376029.415.17$2,235
Jun 2003115028.565.98$3,284
May 200384026.595.97$2,234
Apr 20030026.675.41$0
Mar 2003183031.146.10$5,699
Feb 2003190033.487.93$6,361
Jan 2003184030.315.58$5,577
Dec 20020026.914.85$0
Nov 2002176024.664.14$4,340
Oct 2002176026.464.23$4,657
Sep 20020027.443.64$0
Aug 2002148025.963.16$3,842
Jul 2002187024.583.06$4,596
Jun 2002183023.733.34$4,343
May 2002173024.663.58$4,266
Apr 2002172023.653.51$4,068
Mar 20020022.003.10$0
Feb 2002107018.222.38$1,950
Jan 200283017.172.38$1,425
Dec 2001170016.932.36$2,878
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20017023.933.20$168
Jun 200117024.563.82$418
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 200149024.545.38$1,202
Feb 20010027.755.77$0
Jan 200177027.478.40$2,115
Dec 2000249026.889.12$6,693
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 200079031.875.19$2,518
Aug 200097029.644.54$2,875
Jul 2000165028.534.09$4,707
Jun 20000029.304.40$0
May 200090027.263.68$2,453
Apr 200091024.513.12$2,230
Mar 2000102028.422.86$2,899
Feb 200060027.622.73$1,657
Jan 200093025.272.48$2,350
Dec 199988024.282.42$2,137
Nov 1999175023.192.43$4,058
Oct 199959020.982.80$1,238
Sep 199946021.752.62$1,001
Aug 1999104019.262.88$2,003
Jul 199987017.892.37$1,556
Jun 199985015.942.36$1,355
May 1999125015.792.32$1,974
Apr 1999631815.102.21$991
Mar 1999113512.471.84$1,418
Feb 199918949.981.82$1,893
Jan 19990310.381.90$6
Dec 199812379.201.77$1,144
Nov 1998971410.892.19$1,087
Oct 1998104712.421.97$1,305
Sep 1998110912.592.08$1,404
Aug 19981161011.301.91$1,330
Jul 19982332011.742.24$2,780
Jun 199802311.242.24$51
May 19981151812.622.21$1,491
Apr 19981191913.042.51$1,599
Mar 19981341212.802.31$1,743
Feb 19981151713.952.30$1,643
Jan 19981331314.702.15$1,983
Dec 19971511216.322.41$2,493
Nov 19971262818.193.09$2,378
Oct 19971512619.253.15$2,989
Sep 1997184417.742.95$3,276
Aug 199703317.862.55$84
Jul 19971894017.582.25$3,413
Jun 1997593417.242.26$1,094
May 19971323918.972.31$2,594
Apr 19971783517.882.08$3,256
Mar 19971432018.951.94$2,749
Feb 19971902320.492.21$3,944
Jan 19971593323.483.54$3,850
Dec 19961684823.32$3,918
Nov 19961955821.97$4,284
Oct 1996753423.31$1,748
Sep 19962966322.22$6,577
Aug 199604620.26$0
Jul 19961433319.55$2,796
Jun 19961324918.73$2,472
May 19961524119.43$2,953
Apr 19961591621.51$3,420
Mar 19961652519.38$3,198
Feb 19961662116.98$2,819
Jan 19962711017.07$4,626
Dec 199501317.19$0
Nov 19951862016.00$2,976
Oct 19953262815.43$5,030
Sep 199502916.18$0
Aug 19951673315.92$2,659
Jul 19951733715.24$2,637
Jun 19952551616.41$4,185
May 199503217.56$0
Apr 19951552117.73$2,748
Mar 19951553516.44$2,548
Feb 19951604216.58$2,653
Jan 19951624215.92$2,579
Dec 19943204215.03$4,810
Nov 199404515.90$0
Oct 19941403815.58$2,181
Sep 19941958715.29$2,982
Aug 19942357716.13$3,791
Jul 19941927817.56$3,372
Jun 19941708017.09$2,905
May 19942327215.88$3,684
Apr 19942264914.14$3,196
Mar 19942323612.46$2,891
Feb 19942021012.50$2,525
Jan 19941904412.66$2,405
Dec 19932846012.33$3,502
Nov 19931914414.49$2,768
Oct 19931836415.85$2,901
Sep 19932596715.03$3,893
Aug 19932397815.66$3,743
Jul 19931756115.46$2,706
Jun 19932905216.79$4,869
May 19931815217.68$3,200
Apr 19932835718.05$5,108
Mar 19931987618.14$3,592
Feb 19932705817.90$4,833
Jan 19931828516.93$3,081

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.

Jul 2015 — as filed, then multipliedworked
Oil                   84 bbl  × $ 48.15 =     $4,045
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                   $4,045

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/65238 is the state's own key, not one this site invented.