FUNK, ET AL GAS UNIT

Operated by OAK ENERGY, LLC (P-5 617101) in the GOLIAD, WEST (10,600 SD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 267082District 02Field 35694900CondensateGasSaveExport
Value, all time
$981 k
Aug 2011 – Dec 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
53
no gaps in the span
Streams
2
condensate, 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 leases and 5 wells, and the rule below applies to all of them.

Discovered
1991-03-05
as the register files it
Field class
Oil and 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: ALLOCATION FORMULA SUSPENDED EFF 3/1/95

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
CondensateDisposition9,304 bbl$844,877
GasProduction38,218 Mcf$136,264
Total$981,141

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 28.6485, -97.4819. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.64849, -97.48189 · 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
0.0%
0 of 1 wells
Median depth
12,882 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
1100.0%
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.
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 12,882 ft.

Completions filed
Aug 2011
1 of 1 wells

1 well

42-175317651A12,882 ftAug 2011Yes

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 (53)

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

53 months

Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
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 2014164054.693.59$8,969
Nov 20140070.464.25$0
Oct 201404778.303.90$183
Sep 20141777886.164.05$15,566
Aug 201409889.394.04$395
Jul 201417318696.564.18$17,482
Jun 201418117398.164.74$18,586
May 20141628594.734.73$15,748
Apr 201417521895.944.81$17,838
Mar 2014018695.895.06$941
Feb 201416420497.406.19$17,237
Jan 201417015590.404.86$16,121
Dec 201334630691.824.35$33,102
Nov 2013022888.853.74$852
Oct 201317017197.423.78$17,208
Sep 20130202104.113.72$751
Aug 2013164558104.253.52$19,063
Jul 2013175177102.523.72$18,599
Jun 2013042494.403.93$1,668
May 201318021394.834.15$17,953
Apr 201317038293.964.28$17,609
Mar 201334050993.623.91$33,822
Feb 201316133491.233.42$15,830
Jan 201315948491.603.42$16,220
Dec 201226868986.773.42$25,611
Nov 2012762086.953.62$2,856
Oct 20121765889.383.40$3,756
Sep 201230678594.672.92$31,260
Aug 20121158092.662.91$2,706
Jul 20123662,27385.133.02$38,024
Jun 201236564479.822.52$30,757
May 20123331,27691.612.49$33,681
Apr 2012229522101.652.00$24,320
Mar 2012123378105.052.22$13,761
Feb 20123701,280101.102.57$40,697
Jan 20122751,69998.092.73$31,620
Dec 20114302,72396.873.24$50,476
Nov 20116663,25695.723.31$74,531
Oct 20113141,95184.983.65$33,802
Sep 20117304,36183.623.99$78,425
Aug 20111,2639,10583.404.15$143,114

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.

Dec 2014 — as filed, then multipliedworked
Condensate           164 bbl  × $ 54.69 =     $8,969
Gas                    0 Mcf  × $  3.59 =         $0

────────────────────────────────────────────────────
Month total                                   $8,969

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/267082 is the state's own key, not one this site invented.