CARACARA UNIT

Operated by FW EAGLE FORD I, LLC (P-5 103899) 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 19962District 01Field 27135700Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$30.6 M
Jul 2019 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
83
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
OilDisposition504,303 bbl$29,096,088
Casinghead gasProduction444,537 Mcf$1,464,653
Total$30,560,741

Every month this lease reported (83)

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

83 months

May 20261,6365,210106.413.05$189,956
Apr 20261,8764,34398.932.87$198,056
Mar 20261,8462,22489.753.15$172,683
Feb 20261,6562,63463.503.75$115,034
Jan 20261,4821,42159.138.00$98,996
Dec 20251,9667,73356.664.41$145,522
Nov 20252,4894,62858.593.93$164,002
Oct 20252,0954,86459.383.30$140,476
Sep 20251,3142,49762.743.08$90,123
Aug 202528663363.933.01$20,192
Jul 202555961466.743.32$39,343
Jun 202564118766.483.13$43,199
May 20259051,59960.553.23$59,966
Apr 20256702,06762.363.54$49,105
Mar 20251,7532,52067.704.27$129,434
Feb 20251,2942,00670.884.34$100,426
Jan 20251,7902,52374.324.28$143,828
Dec 20241,9674,58968.993.12$150,027
Nov 20242,1414,42469.052.20$157,562
Oct 20242,2254,23271.372.28$168,453
Sep 20242,0573,38969.612.36$151,201
Aug 20242,2382,42275.632.06$174,258
Jul 20242,0581,88979.932.15$168,551
Jun 20242,2282,27878.082.63$179,962
May 20242,2552,36978.812.20$182,925
Apr 20242,7152,88784.451.66$234,072
Mar 20243,2993,76280.301.55$270,722
Feb 20242,8401,73476.091.78$219,188
Jan 20242,7572,24873.023.30$208,729
Dec 20232,7632,10971.262.61$202,397
Nov 20232,9403,29577.892.81$238,248
Oct 20233,0663,62685.443.09$273,154
Sep 20233,7012,97989.042.74$337,685
Aug 20233,0272,22680.522.67$249,684
Jul 20233,1242,59574.852.64$240,687
Jun 20232,2193,01668.962.26$159,834
May 20232,1152,86570.622.23$155,743
Apr 202334165378.122.24$28,100
Mar 20231,4222,45872.852.39$109,475
Feb 20231,3291,69475.112.47$103,998
Jan 20232,3941,45976.533.39$188,156
Dec 20222,2433,50076.415.73$191,439
Nov 20223,7025,00085.005.65$342,901
Oct 20223,0064,57087.185.86$288,860
Sep 20222,8543,44084.888.16$270,331
Aug 20223,4115,05094.529.13$368,500
Jul 20223,4654,703101.587.54$387,445
Jun 20222,8624,589115.097.98$365,995
May 20223,9377,407109.378.43$493,053
Apr 20223,5274,891104.226.84$401,027
Mar 20224,2797,111108.885.08$501,996
Feb 20223,5834,62491.054.86$348,699
Jan 20223,7122,60481.844.54$315,606
Dec 20215,1417,16971.323.90$394,609
Nov 20213,4304,44377.435.24$288,852
Oct 20214,1705,31279.795.71$363,076
Sep 20214,2515,70169.865.35$327,480
Aug 20214,8345,38666.024.22$341,873
Jul 20215,0234,54670.783.98$373,630
Jun 20215,0444,54269.493.38$365,862
May 20214,9295,65263.483.02$329,949
Apr 20215,6296,76560.362.76$358,427
Mar 20216,6376,21361.302.72$423,728
Feb 20214,8804,27757.805.55$305,793
Jan 20217,1815,94650.412.81$378,704
Dec 20207,5175,96044.642.68$351,505
Nov 20208,0076,73038.772.71$328,647
Oct 20208,7427,24136.972.48$341,138
Sep 20209,0667,70137.091.99$351,591
Aug 202010,3938,87139.982.39$436,670
Jul 202011,5229,72438.371.83$459,847
Jun 202012,77210,48234.901.69$463,461
May 202011,6707,81016.921.81$211,630
Apr 202013,9387,78214.751.80$219,627
Mar 202017,41113,77930.341.86$553,827
Feb 202018,70511,67149.881.98$956,122
Jan 202023,17014,04757.252.09$1,355,907
Dec 201926,58215,77859.012.30$1,604,962
Nov 201933,53318,42555.302.75$1,905,057
Oct 201943,03627,39553.472.42$2,367,391
Sep 201965,03034,79955.052.66$3,672,372
Aug 20190053.112.30$0
Jul 20190056.272.46$0

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                1,636 bbl  × $106.41 =   $174,087
Casinghead gas     5,210 Mcf  × $  3.05 =    $15,869

────────────────────────────────────────────────────
Month total                                 $189,956

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/19962 is the state's own key, not one this site invented.