TRIPLE -N- INC

Name: TRIPLE -N- INC lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 132546District 03Field 56590712CondensateGasSave Export

Value, all time

$3.0 M

Jan 1993 – Jan 2014

Value, last 12 filed months

at the published price for each month

Months reported

253

no gaps in the span

Streams

condensate, gas

The MADISONVILLE (SUB-CLARK, GAS) field

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 80 leases and 80 wells, and the rule below applies to all of them.

Discovered

1989-04-17

as the register files it

Field class

Gas

the register's own label

Between wells

2,640 ft

minimum

From a lease line

933 ft

minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1989-04-17.

The Commission's schedule remark for this field reads: “PER DOCKET 03-0222178 ON 9-14-99, ALLOCATION FORMULA SUSPENDED.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	11,489 bbl	$216,269
Gas	Production	1,083,108 Mcf	$2,741,383
Total			$2,957,653

478,020 Mcf of this lease's gas, across 44 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 30.9042, -96.0135. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.90416, -96.01350 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,308 ft

1 wells filed one

Completion to plug

24.4 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 9,308 ft.

Completions filed

Aug 1989

1 of 1 wells

Plug dates filed

Jan 2014

1 of 1 wells

Last completion to plug: a median of 24.4 years across the 1 well that filed both dates, with the middle half between 24.4 years and 24.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-31330666	1	9,308 ft	Aug 1989	Jan 2014	Yes

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 (253)

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

253 months


Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	421	83.40	4.15	$1,747
Jul 2011	125	1,202	94.14	4.52	$17,197
Jun 2011	0	733	92.90	4.64	$3,401
May 2011	0	1,509	98.13	4.40	$6,647
Apr 2011	0	1,453	105.96	4.33	$6,296
Mar 2011	0	1,385	96.36	4.06	$5,619
Feb 2011	0	1,288	85.64	4.18	$5,384
Jan 2011	0	1,601	86.50	4.59	$7,347
Dec 2010	0	1,854	85.73	4.35	$8,061
Nov 2010	0	1,811	80.84	3.80	$6,873
Oct 2010	0	1,884	78.10	3.51	$6,611
Sep 2010	0	1,776	72.63	3.98	$7,068
Aug 2010	0	811	73.68	4.42	$3,584
Jul 2010	0	1,579	72.55	4.74	$7,479
Jun 2010	0	1,026	70.36	4.91	$5,038
May 2010	0	920	71.12	4.24	$3,896
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	228	78.39	4.39	$1,001
Feb 2010	0	968	73.58	5.44	$5,268
Jan 2010	0	689	74.36	5.96	$4,109
Dec 2009	0	1,882	71.44	5.48	$10,320
Nov 2009	0	2,099	74.59	3.75	$7,874
Oct 2009	0	2,099	72.54	4.11	$8,627
Sep 2009	0	149	65.54	3.06	$457
Aug 2009	0	1,708	67.42	3.22	$5,497
Jul 2009	0	1,913	61.13	3.46	$6,628
Jun 2009	0	1,945	66.16	3.90	$7,576
May 2009	0	2,111	54.74	3.93	$8,287
Apr 2009	0	2,086	46.77	3.59	$7,484
Mar 2009	0	1,252	42.14	4.06	$5,082
Feb 2009	0	1,946	32.81	4.63	$9,016
Jan 2009	0	1,507	35.86	5.37	$8,094
Dec 2008	0	1,943	37.10	5.98	$11,614
Nov 2008	0	2,234	55.49	6.86	$15,326
Oct 2008	0	2,404	75.24	6.92	$16,640
Sep 2008	0	1,749	101.76	7.88	$13,777
Aug 2008	0	2,362	114.22	8.48	$20,037
Jul 2008	0	2,340	131.08	11.39	$26,651
Jun 2008	0	605	131.33	13.03	$7,885
May 2008	0	1,554	123.17	11.57	$17,986
Apr 2008	0	2,197	110.31	10.45	$22,969
Mar 2008	0	2,167	101.90	9.66	$20,942
Feb 2008	0	2,032	92.53	8.77	$17,822
Jan 2008	0	1,156	90.38	8.21	$9,486
Dec 2007	0	1,819	88.33	7.30	$13,282
Nov 2007	0	2,172	91.67	7.29	$15,838
Oct 2007	0	1,905	82.85	6.92	$13,186
Sep 2007	0	2,315	75.84	6.24	$14,455
Aug 2007	0	2,587	69.06	6.39	$16,526
Jul 2007	0	2,638	70.90	6.39	$16,851
Jun 2007	0	2,086	62.00	7.55	$15,746
May 2007	0	2,455	58.74	7.85	$19,263
Apr 2007	0	2,442	59.61	7.81	$19,060
Mar 2007	0	2,516	56.92	7.30	$18,372
Feb 2007	0	1,735	55.10	8.22	$14,255
Jan 2007	0	2,019	50.30	6.73	$13,582
Dec 2006	0	1,943	56.65	6.92	$13,443
Nov 2006	0	2,441	54.20	7.62	$18,594
Oct 2006	0	2,684	54.90	6.01	$16,141
Sep 2006	0	2,611	60.08	5.04	$13,152
Aug 2006	0	2,626	68.71	7.34	$19,275
Jul 2006	0	2,330	69.37	6.34	$14,779
Jun 2006	0	917	66.28	6.38	$5,854
May 2006	0	1,176	66.01	6.42	$7,556
Apr 2006	0	1,233	64.39	7.36	$9,075
Mar 2006	0	2,689	56.70	7.08	$19,046
Feb 2006	0	2,381	57.59	7.75	$18,455
Jan 2006	0	2,341	60.59	8.93	$20,913
Dec 2005	0	3,360	54.94	13.42	$45,076
Nov 2005	0	3,357	54.69	10.59	$35,545
Oct 2005	0	3,702	58.34	13.80	$51,072
Sep 2005	0	3,520	61.45	12.08	$42,518
Aug 2005	0	4,119	61.51	9.80	$40,353
Jul 2005	0	1,638	55.69	7.84	$12,848
Jun 2005	0	1,488	52.33	7.38	$10,983
May 2005	0	3,355	45.22	6.65	$22,315
Apr 2005	0	3,415	49.20	7.36	$25,136
Mar 2005	179	3,670	50.37	7.15	$35,275
Feb 2005	0	3,576	45.22	6.31	$22,571
Jan 2005	0	3,504	43.16	6.32	$22,153
Dec 2004	0	3,016	39.86	6.75	$20,361
Nov 2004	0	3,410	45.28	6.33	$21,587
Oct 2004	0	2,927	49.70	6.52	$19,070
Sep 2004	0	3,390	43.24	5.28	$17,912
Aug 2004	0	4,080	42.37	5.55	$22,647
Jul 2004	0	4,222	38.28	6.08	$25,687
Jun 2004	0	3,831	36.10	6.43	$24,645
May 2004	0	4,309	37.48	6.49	$27,985
Apr 2004	0	3,682	34.47	5.86	$21,571
Mar 2004	0	2,154	34.36	5.53	$11,912
Feb 2004	0	4,054	32.45	5.51	$22,336
Jan 2004	0	5,217	32.03	6.30	$32,865
Dec 2003	0	3,654	30.26	6.30	$23,026
Nov 2003	184	3,355	28.80	4.60	$20,716
Oct 2003	0	850	28.17	4.76	$4,046
Sep 2003	0	2,491	26.31	4.75	$11,831
Aug 2003	0	4,353	29.76	5.13	$22,330
Jul 2003	0	5,343	29.41	5.17	$27,628
Jun 2003	0	4,990	28.56	5.98	$29,855
May 2003	185	3,159	26.59	5.97	$23,787
Apr 2003	0	5,142	26.67	5.41	$27,804
Mar 2003	0	4,706	31.14	6.10	$28,688
Feb 2003	0	3,729	33.48	7.93	$29,556
Jan 2003	0	4,657	30.31	5.58	$25,996
Dec 2002	183	4,820	26.91	4.85	$28,320
Nov 2002	0	4,169	24.66	4.14	$17,247
Oct 2002	0	4,137	26.46	4.23	$17,496
Sep 2002	176	5,270	27.44	3.64	$23,987
Aug 2002	0	5,385	25.96	3.16	$17,039
Jul 2002	0	6,071	24.58	3.06	$18,588
Jun 2002	0	1,799	23.73	3.34	$6,005
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	120	17.17	2.38	$285
Dec 2001	0	2,962	16.93	2.36	$7,003
Nov 2001	182	8,505	18.07	2.41	$23,748
Oct 2001	162	6,698	19.78	2.53	$20,143
Sep 2001	0	468	24.26	2.25	$1,054
Aug 2001	0	2,363	24.87	3.05	$7,215
Jul 2001	0	8,832	23.93	3.20	$28,237
Jun 2001	0	5,680	24.56	3.82	$21,721
May 2001	0	401	25.52	4.31	$1,727
Apr 2001	173	3,981	24.68	5.34	$25,510
Mar 2001	0	4,104	24.54	5.38	$22,065
Feb 2001	0	4,457	27.75	5.77	$25,704
Jan 2001	0	5,342	27.47	8.40	$44,866
Dec 2000	178	5,501	26.88	9.12	$54,968
Nov 2000	0	5,066	32.21	5.66	$28,663
Oct 2000	0	5,600	31.23	5.15	$28,815
Sep 2000	174	5,346	31.87	5.19	$33,272
Aug 2000	0	5,679	29.64	4.54	$25,787
Jul 2000	177	6,473	28.53	4.09	$31,523
Jun 2000	0	5,193	29.30	4.40	$22,835
May 2000	0	5,603	27.26	3.68	$20,618
Apr 2000	0	4,989	24.51	3.12	$15,546
Mar 2000	0	4,721	28.42	2.86	$13,501
Feb 2000	0	4,277	27.62	2.73	$11,661
Jan 2000	170	2,673	25.27	2.48	$10,926
Dec 1999	0	955	24.28	2.42	$2,315
Nov 1999	0	1,191	23.19	2.43	$2,899
Oct 1999	0	1,315	20.98	2.80	$3,687
Sep 1999	0	1,490	21.75	2.62	$3,902
Aug 1999	0	1,450	19.26	2.88	$4,170
Jul 1999	0	3,610	17.89	2.37	$8,564
Jun 1999	0	5,226	15.94	2.36	$12,344
May 1999	0	4,690	15.79	2.32	$10,886
Apr 1999	178	4,164	15.10	2.21	$11,882
Mar 1999	0	8,565	12.47	1.84	$15,745
Feb 1999	185	4,771	9.98	1.82	$10,519
Jan 1999	0	4,877	10.38	1.90	$9,266
Dec 1998	0	5,792	9.20	1.77	$10,271
Nov 1998	183	7,918	10.89	2.19	$19,299
Oct 1998	180	8,630	12.42	1.97	$19,230
Sep 1998	0	6,121	12.59	2.08	$12,748
Aug 1998	0	6,984	11.30	1.91	$13,321
Jul 1998	0	7,504	11.74	2.24	$16,788
Jun 1998	179	7,790	11.24	2.24	$19,440
May 1998	0	4,316	12.62	2.21	$9,523
Apr 1998	187	9,629	13.04	2.51	$26,562
Mar 1998	0	8,393	12.80	2.31	$19,383
Feb 1998	0	6,476	13.95	2.30	$14,889
Jan 1998	290	7,437	14.70	2.15	$20,288
Dec 1997	0	8,103	16.32	2.41	$19,537
Nov 1997	174	6,381	18.19	3.09	$22,871
Oct 1997	0	5,950	19.25	3.15	$18,741
Sep 1997	179	6,566	17.74	2.95	$22,577
Aug 1997	0	7,751	17.86	2.55	$19,802
Jul 1997	168	8,357	17.58	2.25	$21,731
Jun 1997	0	6,360	17.24	2.26	$14,356
May 1997	0	6,178	18.97	2.31	$14,262
Apr 1997	160	6,853	17.88	2.08	$17,134
Mar 1997	174	8,966	18.95	1.94	$20,684
Feb 1997	0	6,883	20.49	2.21	$15,183
Jan 1997	0	2,697	23.48	3.54	$9,547
Dec 1996	174	5,840	23.32	—	$4,058
Nov 1996	43	7,463	21.97	—	$945
Oct 1996	0	7,069	23.31	—	$0
Sep 1996	0	6,765	22.22	—	$0
Aug 1996	0	3,592	20.26	—	$0
Jul 1996	182	6,862	19.55	—	$3,558
Jun 1996	0	6,558	18.73	—	$0
May 1996	0	5,874	19.43	—	$0
Apr 1996	0	6,622	21.51	—	$0
Mar 1996	161	4,823	19.38	—	$3,120
Feb 1996	0	6,482	16.98	—	$0
Jan 1996	156	5,453	17.07	—	$2,663
Dec 1995	0	5,736	17.19	—	$0
Nov 1995	0	3,433	16.00	—	$0
Oct 1995	0	1,620	15.43	—	$0
Sep 1995	0	306	16.18	—	$0
Aug 1995	0	800	15.92	—	$0
Jul 1995	0	580	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	1	0	16.44	—	$16
Feb 1995	0	815	16.58	—	$0
Jan 1995	147	2,724	15.92	—	$2,340
Dec 1994	172	9,274	15.03	—	$2,585
Nov 1994	182	14,479	15.90	—	$2,894
Oct 1994	349	14,799	15.58	—	$5,437
Sep 1994	172	14,069	15.29	—	$2,630
Aug 1994	167	15,308	16.13	—	$2,694
Jul 1994	168	15,734	17.56	—	$2,950
Jun 1994	346	14,116	17.09	—	$5,913
May 1994	184	15,336	15.88	—	$2,922
Apr 1994	183	14,493	14.14	—	$2,588
Mar 1994	358	15,677	12.46	—	$4,461
Feb 1994	361	13,441	12.50	—	$4,513
Jan 1994	175	14,169	12.66	—	$2,216
Dec 1993	349	15,589	12.33	—	$4,303
Nov 1993	182	15,704	14.49	—	$2,637
Oct 1993	363	17,787	15.85	—	$5,754
Sep 1993	341	18,618	15.03	—	$5,125
Aug 1993	339	19,411	15.66	—	$5,309
Jul 1993	180	15,354	15.46	—	$2,783
Jun 1993	181	19,166	16.79	—	$3,039
May 1993	325	19,863	17.68	—	$5,746
Apr 1993	353	18,941	18.05	—	$6,372
Mar 1993	180	19,780	18.14	—	$3,265
Feb 1993	350	18,282	17.90	—	$6,265
Jan 1993	180	19,213	16.93	—	$3,047

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.

Aug 2011 — as filed, then multipliedworked

Condensate             0 bbl  × $ 83.40 =         $0
Gas                  421 Mcf  × $  4.15 =     $1,747

────────────────────────────────────────────────────
Month total                                   $1,747

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/132546 is the state's own key, not one this site invented.