FARRIS

Operated by PREMIER MINERALS, INC. (P-5 676033) in the DREYER (VICKSBURG 3600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 188041District 02Field 26106415GasSaveExport
Value, all time
$441 k
Jan 2002 – Oct 2004
Value, last 12 filed months
$118 k
at the published price for each month
Months reported
34
no gaps in the span
Streams
1
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1960-09-01
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ONE WELL FIELD MADE EFF 3/20/98

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
GasProduction97,036 Mcf$441,468
Total$441,468

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 28.9046, -97.1859. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.90462, -97.18593 · 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
3,850 ft
1 wells filed one
Completion to plug
2.8 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 3,850 ft.

Completions filed
Jan 2002
1 of 1 wells
Plug dates filed
Oct 2004
1 of 1 wells

Last completion to plug: a median of 2.8 years across the 1 well that filed both dates, with the middle half between 2.8 years and 2.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4693362923,850 ftJan 2002Oct 2004Yes

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 (34)

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

34 months

Oct 2004049.706.52$0
Sep 20047943.245.28$417
Aug 200435842.375.55$1,987
Jul 200471638.286.08$4,356
Jun 200437536.106.43$2,412
May 20041,00237.486.49$6,508
Apr 20041,15534.475.86$6,767
Mar 20042,47334.365.53$13,676
Feb 20043,16932.455.51$17,460
Jan 20043,66632.036.30$23,094
Dec 20034,31330.266.30$27,179
Nov 20033,14128.804.60$14,433
Oct 20031,03028.174.76$4,902
Sep 20031,17226.314.75$5,566
Aug 20031,45129.765.13$7,443
Jul 20031,81429.415.17$9,380
Jun 20032,25928.565.98$13,516
May 20032,81126.595.97$16,789
Apr 20034,02526.675.41$21,764
Mar 20036,33431.146.10$38,612
Feb 20034,00733.487.93$31,759
Jan 20032,89630.315.58$16,166
Dec 20021,89326.914.85$9,188
Nov 20022,46824.664.14$10,210
Oct 20023,26726.464.23$13,817
Sep 200288227.443.64$3,206
Aug 20021,50225.963.16$4,753
Jul 20021,84624.583.06$5,652
Jun 20022,22523.733.34$7,428
May 20025,07624.663.58$18,192
Apr 20027,36523.653.51$25,868
Mar 20028,34822.003.10$25,902
Feb 20028,34818.222.38$19,832
Jan 20025,57017.172.38$13,233

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 2004 — as filed, then multipliedworked
Gas                   79 Mcf  × $  5.28 =       $417

────────────────────────────────────────────────────
Month total                                     $417

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. 02/G/188041 is the state's own key, not one this site invented.