FAGAN

Operated by ALLEGIANT RESOURCES, LLC (P-5 13365) in the MCFADDIN (GRETA 4200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10787District 02Field 59371020OilCasinghead gasSaveExport
Value, all time
$2.5 M
Dec 2013 – May 2026
Value, last 12 filed months
$45 k
at the published price for each month
Months reported
150
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 leases and 5 wells, and the rule below applies to all of them.

Discovered
1981-07-20
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 EFF.12-1-82 PER AMENDMENT TO SWR 28 & 29

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
OilDisposition37,776 bbl$2,497,994
Casinghead gasProduction13,100 Mcf$44,895
Total$2,542,889

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 28.4878, -97.0163. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.48784, -97.01628 · 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
5,900 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 5,900 ft.

Completions filed
Dec 2013
1 of 1 wells

1 well

42-39133087225,900 ftDec 2013

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 (150)

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

150 months

May 202600106.413.05$0
Apr 20260398.932.87$9
Mar 20260089.753.15$0
Feb 20261421563.503.75$9,073
Jan 20260059.138.00$0
Dec 2025156056.664.41$8,839
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025105062.743.08$6,588
Aug 20250063.933.01$0
Jul 2025150066.743.32$10,011
Jun 2025158066.483.13$10,504
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 2025158070.884.34$11,199
Jan 2025159074.324.28$11,817
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 2024311071.372.28$22,196
Sep 20240069.612.36$0
Aug 2024158075.632.06$11,950
Jul 2024158079.932.15$12,629
Jun 2024165078.082.63$12,883
May 2024156078.812.20$12,294
Apr 20240084.451.66$0
Mar 2024161080.301.55$12,928
Feb 2024159076.091.78$12,098
Jan 2024155073.023.30$11,318
Dec 2023201071.262.61$14,323
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202301280.522.67$32
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202304070.622.23$89
Apr 20230078.122.24$0
Mar 202325072.852.39$1,821
Feb 202344075.112.47$3,305
Jan 20230076.533.39$0
Dec 2022159076.415.73$12,149
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210166.024.22$4
Jul 20210570.783.98$20
Jun 2021145669.493.38$10,096
May 2021013863.483.02$416
Apr 202123931860.362.76$15,303
Mar 202129361.302.72$375
Feb 2021016857.805.55$932
Jan 202116431350.412.81$9,147
Dec 20208714144.642.68$4,261
Nov 20200038.772.71$0
Oct 2020025636.972.48$634
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200234.901.69$3
May 202005016.921.81$91
Apr 2020100014.751.80$1,475
Mar 2020989030.341.86$3,140
Feb 202018626649.881.98$9,805
Jan 202026330657.252.09$15,698
Dec 201924631059.012.30$15,231
Nov 201926330055.302.75$15,369
Oct 201937331053.472.42$20,694
Sep 201924330055.052.66$14,174
Aug 201939031053.112.30$21,427
Jul 201915721056.272.46$9,351
Jun 201914627052.782.49$8,379
May 201903058.482.74$82
Apr 201997062.632.75$6,075
Mar 201935723056.803.06$20,982
Feb 201922728050.852.79$12,325
Jan 201934431046.033.23$16,835
Dec 201836230046.594.19$18,121
Nov 201826329852.934.24$15,183
Oct 201826319761.443.40$16,828
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018498065.142.93$3,426
Jun 201835626560.183.08$22,239
May 201843915565.382.90$29,151
Apr 201845113763.842.90$29,189
Mar 20183396161.222.79$20,924
Feb 20181533661.782.77$9,552
Jan 20181913762.874.01$12,157
Dec 20173963157.272.92$22,769
Nov 20173612855.423.12$20,094
Oct 20174701249.292.98$23,202
Sep 2017292047.523.09$13,876
Aug 2017418045.373.00$18,965
Jul 2017690043.873.09$30,270
Jun 2017250042.493.09$10,623
May 201719614345.373.26$9,359
Apr 201721718047.933.21$10,979
Mar 201728421546.772.98$13,924
Feb 201729422350.452.95$15,491
Jan 2017255049.413.42$12,600
Dec 2016110048.763.72$5,364
Nov 2016314042.492.64$13,342
Oct 2016366046.193.09$16,906
Sep 2016460041.553.10$19,113
Aug 2016396041.442.92$16,410
Jul 2016242041.622.92$10,072
Jun 2016349045.352.69$15,827
May 2016467042.521.99$19,857
Apr 2016307036.561.99$11,224
Mar 2016454033.011.79$14,987
Feb 2016116026.472.06$3,071
Jan 2016348027.352.36$9,518
Dec 2015397032.362.00$12,847
Nov 2015483538.792.17$18,746
Oct 20155684143.552.43$24,836
Sep 20154736442.992.76$20,511
Aug 20157228940.162.87$29,251
Jul 201533112348.152.95$16,300
Jun 20154305656.152.88$24,306
May 201538815255.212.96$21,871
Apr 201536218449.822.71$18,533
Mar 201538415242.892.93$16,916
Feb 201543219844.662.98$19,882
Jan 201553325643.433.10$23,942
Dec 201458534754.693.59$33,240
Nov 201450035170.464.25$36,722
Oct 201452440778.303.90$42,617
Sep 201461435286.164.05$54,326
Aug 201473431089.394.04$66,863
Jul 201484626696.564.18$82,802
Jun 201484324098.164.74$83,886
May 201491125294.734.73$87,490
Apr 20141,06043995.944.81$103,808
Mar 20141,51734195.895.06$147,190
Feb 20141,88330397.406.19$185,280
Jan 20143,65647790.404.86$332,821
Dec 201367521491.824.35$62,910

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.

Apr 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas         3 Mcf  × $  2.87 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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/O/10787 is the state's own key, not one this site invented.