FALSETTE RANCH UNIT LAS

Operated by INEOS USA OIL & GAS LLC (P-5 424176) in the EAGLEVILLE (EAGLE FORD-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17550District 01Field 27135700Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$19.6 M
Mar 2014 – May 2026
Value, last 12 filed months
$646 k
at the published price for each month
Months reported
147
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 5,086 leases and 10,995 wells, and the rule below applies to all of them.

Discovered
2009-08-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2017-02-28.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: BASED ON 3000 TO 1 GAS OIL RATIO

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
OilDisposition288,551 bbl$18,725,490
Casinghead gasProduction254,452 Mcf$833,939
Total$19,559,429

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 28.5903, -99.2089. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.59028, -99.20892 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,986 ft
1 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.
1100.0%

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 7,986 ft.

Completions filed
Mar 2014
1 of 1 wells

1 well

42-28334005A 2H7,986 ftMar 2014

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 (147)

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

147 months

May 2026612968106.413.05$68,071
Apr 202668986198.932.87$70,634
Mar 202670592389.753.15$66,181
Feb 202665285763.503.75$44,616
Jan 20266881,20959.138.00$50,351
Dec 20256921,00656.664.41$43,649
Nov 20257431,04558.593.93$47,636
Oct 20257661,08159.383.30$49,058
Sep 202578975162.743.08$51,813
Aug 202568362263.933.01$45,539
Jul 202581335066.743.32$55,420
Jun 202578535666.483.13$53,301
May 202588336060.553.23$54,629
Apr 202584435762.363.54$53,897
Mar 20251,51525467.704.27$103,650
Feb 2025203370.884.34$14,402
Jan 20254151274.324.28$30,894
Dec 20249483568.993.12$65,512
Nov 2024935069.052.20$64,562
Oct 2024943071.372.28$67,302
Sep 2024952069.612.36$66,269
Aug 20241,135075.632.06$85,840
Jul 20241,183079.932.15$94,557
Jun 20241,0101,13278.082.63$81,842
May 20242,0171,18078.812.20$161,554
Apr 20241,7132184.451.66$144,698
Mar 20248661880.301.55$69,568
Feb 20243621876.091.78$27,577
Jan 20243501073.023.30$25,590
Dec 20230071.262.61$0
Nov 20231732477.892.81$13,542
Oct 20231,0321,17185.443.09$91,789
Sep 20231,23882589.042.74$112,488
Aug 20231,22875380.522.67$100,891
Jul 20231,4051,00274.852.64$107,811
Jun 20231,4621,29468.962.26$103,742
May 20231,2862,04970.622.23$95,381
Apr 20231,4741,87078.122.24$119,333
Mar 20231,6551,03572.852.39$123,044
Feb 20231,6221,44575.112.47$125,391
Jan 20231,7661,41176.533.39$139,932
Dec 20221,9541,80676.415.73$159,652
Nov 20222,1001,25985.005.65$185,609
Oct 20222,4241,08287.185.86$217,669
Sep 20222,27563384.888.16$198,270
Aug 20221,56325294.529.13$150,035
Jul 20221,732369101.587.54$178,720
Jun 202247575115.097.98$55,266
May 202200109.378.43$0
Apr 202260104.226.84$625
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20221081.844.54$82
Dec 2021152671.323.90$10,864
Nov 20212077.435.24$155
Oct 20211,07466879.795.71$89,511
Sep 202117724369.865.35$13,665
Aug 20211,0421,00666.024.22$73,039
Jul 20211,02615270.783.98$73,226
Jun 20211,0594969.493.38$73,756
May 202154992463.483.02$37,639
Apr 20211,06484160.362.76$66,543
Mar 20211,0721,25561.302.72$69,123
Feb 202172863957.805.55$45,624
Jan 20211,4531,02050.412.81$76,112
Dec 202073689044.642.68$35,236
Nov 202090687238.772.71$37,486
Oct 20201,08662936.972.48$41,708
Sep 20201,38473637.091.99$52,798
Aug 20201,71676639.982.39$70,433
Jul 202051643438.371.83$20,591
Jun 20200034.901.69$0
May 202017024816.921.81$3,326
Apr 20201,2061,19814.751.80$19,950
Mar 202016916530.341.86$5,434
Feb 202068167849.881.98$35,311
Jan 20201,2061,37657.252.09$71,926
Dec 20191,1261,28559.012.30$69,406
Nov 20191,0301,11555.302.75$60,026
Oct 20191,2171,46053.472.42$68,604
Sep 20191,0281,58355.052.66$60,798
Aug 20191,5751,15853.112.30$86,317
Jul 20196521,08256.272.46$39,350
Jun 20198631,49652.782.49$49,276
May 20191,1992,24458.482.74$76,267
Apr 20191,2022,08362.632.75$81,011
Mar 20191,2021,66256.803.06$73,363
Feb 20191,2091,78750.852.79$66,467
Jan 20191,3821,90746.033.23$69,770
Dec 20181,4422,08146.594.19$75,893
Nov 20181,2292,02152.934.24$73,614
Oct 20181,2312,19261.443.40$83,081
Sep 20181,3942,31259.543.11$90,184
Aug 20181,4001,74059.403.07$88,496
Jul 20181,3801,94165.142.93$95,584
Jun 20181,5711,86160.183.08$100,269
May 20181,3941,95665.382.90$96,814
Apr 20181,4171,85963.842.90$95,854
Mar 20181,6511,73361.222.79$105,904
Feb 201897762261.782.77$62,080
Jan 20181,7111,13962.874.01$112,137
Dec 20171,1301,99057.272.92$70,529
Nov 20171,4283,48355.423.12$90,001
Oct 20171,6296,75449.292.98$100,445
Sep 20171,8446,50247.523.09$107,700
Aug 20172,1992,74945.373.00$108,028
Jul 20171,7212,63743.873.09$83,641
Jun 20171,7863,12342.493.09$85,529
May 20171,7852,11145.373.26$87,874
Apr 20171,7662,21547.933.21$91,758
Mar 20171,9782,23646.772.98$99,183
Feb 20171,6461,68350.452.95$88,010
Jan 20171,9882,99749.413.42$108,473
Dec 20162,3422,46348.763.72$123,365
Nov 20162,1251,65742.492.64$94,673
Oct 20162,3051,80346.193.09$112,040
Sep 20162,3812,14541.553.10$105,581
Aug 20162,2032,06141.442.92$97,319
Jul 20162,0302,63441.622.92$92,191
Jun 20162,5952,27945.352.69$123,804
May 20162,7263,70942.521.99$123,294
Apr 20162,7371,67236.561.99$103,394
Mar 20162,7151,61033.011.79$92,511
Feb 20162,6201,55426.472.06$72,558
Jan 20163,0071,55427.352.36$85,916
Dec 20152,9373,08932.362.00$101,224
Nov 20153,6843,76838.792.17$151,069
Oct 20152,8413,35043.552.43$131,855
Sep 20153,3383,65542.992.76$153,583
Aug 20153,7263,93640.162.87$160,942
Jul 20154,1623,73748.152.95$211,406
Jun 20153,8783,73256.152.88$228,509
May 20154,6364,60655.212.96$269,566
Apr 20154,7894,23449.822.71$250,048
Mar 20154,6373,61942.892.93$209,502
Feb 20154,5335,66944.662.98$219,316
Jan 20156,9166,24243.433.10$319,716
Dec 20146,8929,69754.693.59$411,749
Nov 20149,74713,35270.464.25$743,544
Oct 20146,2804,00078.303.90$507,328
Sep 20147,0393,74986.164.05$621,647
Aug 20148,9603,84389.394.04$816,441
Jul 20148,9244,44796.564.18$880,288
Jun 20149,6844,13498.164.74$970,164
May 20147,4182,12794.734.73$712,761
Apr 20149,4144,83795.944.81$926,441
Mar 201412,0124,11095.895.06$1,172,614

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 2026 — as filed, then multipliedworked
Oil                  612 bbl  × $106.41 =    $65,123
Casinghead gas       968 Mcf  × $  3.05 =     $2,948

────────────────────────────────────────────────────
Month total                                  $68,071

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. 01/O/17550 is the state's own key, not one this site invented.