ANICO

Operated by FAULCONER, VERNON E., INC. (P-5 263701) in the DAMASCUS (SEAMANS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 103653District 03Field 22876500NGPA filingCondensateGasSaveExport
Value, all time
$182 k
Jan 1993 – Mar 2007
Value, last 12 filed months
$441
at the published price for each month
Months reported
171
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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
1979-11-18
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST EFF 6-1-94

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition270 bbl$5,014
GasProduction74,318 Mcf$177,412
Total$182,426

30,963 Mcf of this lease's gas, across 42 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.1091, -94.7589. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.10907, -94.75894 · 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
9,260 ft
1 wells filed one
Completion to plug
24.1 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 9,260 ft.

Completions filed
Nov 1982
1 of 1 wells
Plug dates filed
Dec 2006
1 of 1 wells

Last completion to plug: a median of 24.1 years across the 1 well that filed both dates, with the middle half between 24.1 years and 24.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3733053649,260 ftNov 1982Dec 2006Yes

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 (171)

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

171 months

Mar 20070056.927.30$0
Feb 20078055.108.22$441
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 2006048757.597.75$3,775
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 2005033854.6910.59$3,579
Oct 200506358.3413.80$869
Sep 2005061161.4512.08$7,380
Aug 2005035461.519.80$3,468
Jul 2005028455.697.84$2,228
Jun 2005031652.337.38$2,332
May 2005023645.226.65$1,570
Apr 2005033849.207.36$2,488
Mar 2005029650.377.15$2,118
Feb 2005033145.226.31$2,089
Jan 2005034743.166.32$2,194
Dec 2004034839.866.75$2,349
Nov 2004032145.286.33$2,032
Oct 2004031349.706.52$2,039
Sep 2004032143.245.28$1,696
Aug 2004031842.375.55$1,765
Jul 2004028638.286.08$1,740
Jun 2004042036.106.43$2,702
May 2004028637.486.49$1,857
Apr 2004031134.475.86$1,822
Mar 2004029434.365.53$1,626
Feb 2004029032.455.51$1,598
Jan 2004027832.036.30$1,751
Dec 2003024830.266.30$1,563
Nov 2003027128.804.60$1,245
Oct 2003024428.174.76$1,161
Sep 2003024426.314.75$1,159
Aug 2003023829.765.13$1,221
Jul 2003040329.415.17$2,084
Jun 200302328.565.98$138
May 2003025226.595.97$1,505
Apr 2003039626.675.41$2,141
Mar 2003011731.146.10$713
Feb 2003028633.487.93$2,267
Jan 2003025130.315.58$1,401
Dec 2002036826.914.85$1,786
Nov 2002046924.664.14$1,940
Oct 2002045926.464.23$1,941
Sep 2002037927.443.64$1,378
Aug 2002027425.963.16$867
Jul 2002044524.583.06$1,362
Jun 2002039823.733.34$1,329
May 2002038724.663.58$1,387
Apr 2002037123.653.51$1,303
Mar 2002039522.003.10$1,226
Feb 2002033318.222.38$791
Jan 2002031517.172.38$748
Dec 2001037916.932.36$896
Nov 2001024418.072.41$587
Oct 2001027419.782.53$693
Sep 2001043624.262.25$982
Aug 2001017424.873.05$531
Jul 2001054023.933.20$1,726
Jun 2001051624.563.82$1,973
May 2001050425.524.31$2,171
Apr 2001053624.685.34$2,860
Mar 2001056324.545.38$3,027
Feb 2001050827.755.77$2,930
Jan 2001051927.478.40$4,359
Dec 2000044426.889.12$4,050
Nov 2000038132.215.66$2,156
Oct 2000048031.235.15$2,470
Sep 2000058231.875.19$3,019
Aug 2000043129.644.54$1,957
Jul 2000048728.534.09$1,992
Jun 2000044729.304.40$1,966
May 2000047127.263.68$1,733
Apr 2000047924.513.12$1,493
Mar 2000052128.422.86$1,490
Feb 2000052427.622.73$1,429
Jan 2000055325.272.48$1,372
Dec 1999051524.282.42$1,248
Nov 1999058223.192.43$1,417
Oct 1999055620.982.80$1,559
Sep 1999050721.752.62$1,328
Aug 1999054219.262.88$1,559
Jul 1999046017.892.37$1,091
Jun 1999033815.942.36$798
May 1999052815.792.32$1,226
Apr 1999045315.102.21$1,000
Mar 1999060112.471.84$1,105
Feb 199905629.981.82$1,022
Jan 1999053310.381.90$1,013
Dec 199805409.201.77$958
Nov 1998051310.892.19$1,121
Oct 1998051212.421.97$1,008
Sep 1998043712.592.08$910
Aug 1998034311.301.91$654
Jul 1998045311.742.24$1,013
Jun 1998041711.242.24$933
May 1998041812.622.21$922
Apr 1998044913.042.51$1,125
Mar 1998038212.802.31$882
Feb 1998065513.952.30$1,506
Jan 1998038914.702.15$838
Dec 1997042716.322.41$1,030
Nov 1997056118.193.09$1,733
Oct 1997040119.253.15$1,263
Sep 1997044117.742.95$1,303
Aug 1997038617.862.55$986
Jul 1997038017.582.25$854
Jun 1997026317.242.26$594
May 1997041718.972.31$963
Apr 1997044617.882.08$929
Mar 1997060718.951.94$1,177
Feb 1997057020.492.21$1,257
Jan 1997042523.483.54$1,504
Dec 1996045623.32$0
Nov 1996047621.97$0
Oct 1996336623.31$70
Sep 19964837722.22$1,067
Aug 1996045720.26$0
Jul 1996041419.55$0
Jun 199609618.73$0
May 1996044319.43$0
Apr 1996051221.51$0
Mar 1996033819.38$0
Feb 1996044516.98$0
Jan 1996037817.07$0
Dec 1995031417.19$0
Nov 1995028216.00$0
Oct 19950015.43$0
Sep 1995042716.18$0
Aug 19950015.92$0
Jul 1995071115.24$0
Jun 19950016.41$0
May 1995046717.56$0
Apr 19950017.73$0
Mar 1995047516.44$0
Feb 19950016.58$0
Jan 1995040515.92$0
Dec 19940015.03$0
Nov 1994014515.90$0
Oct 199403315.58$0
Sep 199404715.29$0
Aug 1994184116.13$2,968
Jul 1994084117.56$0
Jun 1994023617.09$0
May 1994035415.88$0
Apr 1994075614.14$0
Mar 1994061712.46$0
Feb 1994061412.50$0
Jan 199401,24212.66$0
Dec 199301,00112.33$0
Nov 1993090514.49$0
Oct 1993093315.85$0
Sep 199301,24715.03$0
Aug 199301,42015.66$0
Jul 199301,58315.46$0
Jun 199301,27216.79$0
May 199302,01317.68$0
Apr 199301,78118.05$0
Mar 1993101,90018.14$181
Feb 199302,07017.90$0
Jan 1993172,11316.93$288

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.

Feb 2007 — as filed, then multipliedworked
Condensate             8 bbl  × $ 55.10 =       $441
Gas                    0 Mcf  × $  8.22 =         $0

────────────────────────────────────────────────────
Month total                                     $441

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. 03/G/103653 is the state's own key, not one this site invented.