FAIREY UNIT

Operated by MATRIX PETROLEUM, LLC (P-5 533268) in the EAGLEVILLE (EAGLE FORD-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10963District 02Field 27135750Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$7.6 M
Oct 2014 – May 2026
Value, last 12 filed months
$125 k
at the published price for each month
Months reported
140
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 3,304 leases and 7,959 wells, and the rule below applies to all of them.

Discovered
2009-03-20
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
OilDisposition120,043 bbl$6,369,177
Casinghead gasProduction381,406 Mcf$1,203,111
Total$7,572,288

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 29.4929, -97.0993. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.49291, -97.09934 · 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
12,610 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 12,610 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-285337921H12,610 ftOct 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 (140)

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

140 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026338089.753.15$30,336
Feb 20260063.503.75$0
Jan 2026386059.138.00$22,824
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025379059.383.30$22,505
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025733066.743.32$48,920
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 2025193062.363.54$12,035
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024295068.993.12$20,352
Nov 2024160069.052.20$11,048
Oct 2024195071.372.28$13,917
Sep 2024193069.612.36$13,435
Aug 2024176075.632.06$13,311
Jul 20240079.932.15$0
Jun 2024188078.082.63$14,679
May 2024185078.812.20$14,580
Apr 2024957084.451.66$80,819
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202334795780.522.67$30,498
Jul 20231742,32674.852.64$19,169
Jun 202335152368.962.26$25,386
May 202318039470.622.23$13,589
Apr 2023035078.122.24$783
Mar 202318213172.852.39$13,572
Feb 202319023475.112.47$14,848
Jan 202318158376.533.39$15,827
Dec 202238357976.415.73$32,582
Nov 202219150885.005.65$19,103
Oct 202201,06187.185.86$6,221
Sep 2022076884.888.16$6,270
Aug 202236860994.529.13$40,342
Jul 2022206773101.587.54$26,756
Jun 2022199535115.097.98$27,171
May 2022403571109.378.43$48,891
Apr 20220792104.226.84$5,415
Mar 2022518794108.885.08$60,431
Feb 20221901,03891.054.86$22,343
Jan 202238697381.844.54$36,005
Dec 20211841,03571.323.90$17,158
Nov 20213761,24677.435.24$35,639
Oct 20211951,39679.795.71$23,536
Sep 20214951,89869.865.35$44,737
Aug 20213772,04466.024.22$33,516
Jul 20213741,51170.783.98$32,489
Jun 20211931,35869.493.38$18,002
May 20213891,51063.483.02$29,250
Apr 20213901,60560.362.76$27,968
Mar 202101,16961.302.72$3,176
Feb 20213671,34857.805.55$28,691
Jan 20211901,26750.412.81$13,139
Dec 20202431,90344.642.68$15,939
Nov 20201691,09938.772.71$9,527
Oct 20203691,37036.972.48$17,037
Sep 20203791,10037.091.99$16,247
Aug 20201831,32439.982.39$10,474
Jul 20205391,46138.371.83$23,348
Jun 20205252,10734.901.69$21,884
May 202017874416.921.81$4,362
Apr 20205441,32614.751.80$10,417
Mar 202016998630.341.86$6,958
Feb 202036291549.881.98$19,869
Jan 20203671,50057.252.09$24,153
Dec 20195111,55259.012.30$33,730
Nov 20193551,41955.302.75$23,535
Oct 20195321,60953.472.42$32,337
Sep 20193541,39255.052.66$23,187
Aug 20195201,47353.112.30$31,012
Jul 20194661,57056.272.46$30,084
Jun 20195291,53452.782.49$31,742
May 20193461,65258.482.74$24,761
Apr 20195111,59262.632.75$36,383
Mar 20195191,75456.803.06$34,850
Feb 20196951,53550.852.79$39,627
Jan 20193621,17446.033.23$20,453
Dec 20185511,70946.594.19$32,824
Nov 20187141,65952.934.24$44,822
Oct 20185231,94061.443.40$38,725
Sep 20187441,93459.543.11$50,309
Aug 20185331,78159.403.07$37,122
Jul 20187271,80865.142.93$52,658
Jun 20184411,77660.183.08$32,004
May 20188831,89065.382.90$63,213
Apr 20188592,02263.842.90$60,704
Mar 20183772,40661.222.79$29,785
Feb 20187162,94261.782.77$52,372
Jan 20187362,12862.874.01$54,804
Dec 20175552,82957.272.92$40,050
Nov 20177332,83055.423.12$49,448
Oct 20179352,95449.292.98$54,900
Sep 20178563,11547.523.09$50,294
Aug 20175422,75145.373.00$32,856
Jul 20178803,07543.873.09$48,099
Jun 20178973,15742.493.09$47,860
May 20178893,14145.373.26$50,584
Apr 20178762,79447.933.21$50,960
Mar 20171,0543,22846.772.98$58,927
Feb 20178813,04950.452.95$53,449
Jan 20171,0443,57549.413.42$63,806
Dec 20161,0293,26448.763.72$62,325
Nov 20161,2303,46542.492.64$61,425
Oct 20161,0663,62746.193.09$60,447
Sep 20161,2144,71841.553.10$65,070
Aug 20161,3854,88641.442.92$71,683
Jul 20161,0275,55941.622.92$59,000
Jun 20161,4184,73645.352.69$77,026
May 20161,4225,84842.521.99$72,107
Apr 20161,5554,66036.561.99$66,129
Mar 20161,4244,87933.011.79$55,759
Feb 20161,7504,69326.472.06$56,007
Jan 20161,7755,15927.352.36$60,744
Dec 20152,4175,47032.362.00$89,162
Nov 20151,7166,14338.792.17$79,878
Oct 20152,1077,76143.552.43$110,593
Sep 20152,1688,88642.992.76$117,714
Aug 20152,48410,20040.162.87$129,057
Jul 20153,04610,54448.152.95$177,718
Jun 20152,86810,52056.152.88$191,366
May 20153,86512,24155.212.96$249,564
Apr 20154,07113,02549.822.71$238,070
Mar 20154,76915,48142.892.93$249,975
Feb 20154,24512,16244.662.98$225,778
Jan 20156,45816,15943.433.10$330,574
Dec 20147,89023,19354.693.59$514,799
Nov 201413,50939,87270.464.25$1,121,374
Oct 20142,1057,78578.303.90$195,190

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.

Mar 2026 — as filed, then multipliedworked
Oil                  338 bbl  × $ 89.75 =    $30,336
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $30,336

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/10963 is the state's own key, not one this site invented.