DUNCAN

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

Gas lease lease 164835District 03Field 27808075CondensateGasSave
Value, all time
$22.1 M
Mar 1997 – May 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
207
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition106,737 bbl$1,962,157
GasProduction6,965,218 Mcf$20,120,429
Total$22,082,586

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 29.4175, -96.2267. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.41748, -96.22672 · 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
9,000 ft
1 wells filed one
Completion to plug
15.4 years
median over 1 wells

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 9,000 ft.

Completions filed
Dec 1998
1 of 1 wells
Plug dates filed
May 2014
1 of 1 wells

Last completion to plug: a median of 15.4 years across the 1 well that filed both dates, with the middle half between 15.4 years and 15.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4813395219,000 ftDec 1998May 2014Yes

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 (207)

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

207 months

May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200811131.0811.39$142
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20081192.538.77$101
Jan 20081190.388.21$99
Dec 20070088.337.30$0
Nov 20072291.677.29$198
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
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 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20051058.3413.80$58
Sep 20051061.4512.08$61
Aug 20052161.519.80$133
Jul 20050055.697.84$0
Jun 200510052.337.38$523
May 200529045.226.65$1,311
Apr 2005522,30349.207.36$19,510
Mar 2005537,96750.377.15$59,673
Feb 20051106,88045.226.31$48,400
Jan 2005558,18443.166.32$54,115
Dec 20041198,64639.866.75$63,113
Nov 2004517,82645.286.33$51,851
Oct 20041369,13749.706.52$66,288
Sep 200407,02343.245.28$37,109
Aug 20041149,38442.375.55$56,918
Jul 2004529,20538.286.08$57,995
Jun 2004538,86736.106.43$58,955
May 20041029,68437.486.49$66,716
Apr 2004409,00134.475.86$54,111
Mar 20041449,10934.365.53$55,322
Feb 20041376,87832.455.51$42,341
Jan 2004639,46632.036.30$61,650
Dec 200311810,27630.266.30$68,326
Nov 200311710,39528.804.60$51,136
Oct 200312611,05128.174.76$56,148
Sep 20035610,33026.314.75$50,534
Aug 200311812,60529.765.13$68,172
Jul 20039810,91429.415.17$59,317
Jun 20039810,95028.565.98$68,312
May 20034311,83326.595.97$71,818
Apr 20031169,73826.675.41$55,750
Mar 2003809,63031.146.10$61,196
Feb 2003349,80133.487.93$78,820
Jan 2003278,56630.315.58$48,634
Dec 20028010,70326.914.85$54,103
Nov 200211512,66024.664.14$55,210
Oct 200220316,71726.464.23$76,070
Sep 20028921,47127.443.64$80,494
Aug 200215020,52325.963.16$68,832
Jul 200221720,27024.583.06$67,396
Jun 200220427,96123.733.34$98,181
May 200217419,33024.663.58$73,570
Apr 200230522,18423.653.51$85,131
Mar 200242328,63322.003.10$98,146
Feb 200231653,86918.222.38$133,733
Jan 200235420,30217.172.38$54,309
Dec 200128218,37316.932.36$48,215
Nov 200112513,79718.072.41$35,448
Oct 200122213,68519.782.53$38,999
Sep 200142028,45924.262.25$74,260
Aug 200143535,47724.873.05$119,135
Jul 200144034,18923.933.20$119,834
Jun 200154131,65424.563.82$134,337
May 200147438,45325.524.31$177,726
Apr 200158541,78424.685.34$237,369
Mar 200157842,73024.545.38$243,919
Feb 200160638,62127.755.77$239,547
Jan 200147748,65827.478.40$421,770
Dec 200071734,26626.889.12$331,865
Nov 200051445,99932.215.66$276,818
Oct 200067849,45131.235.15$275,624
Sep 200049551,79331.875.19$284,400
Aug 200063657,56129.644.54$280,221
Jul 200063565,04128.534.09$284,118
Jun 200078270,99429.304.40$335,091
May 200097978,40827.263.68$315,209
Apr 200076587,67324.513.12$291,939
Mar 20001,10998,21128.422.86$312,377
Feb 20001,072106,22827.622.73$319,239
Jan 20001,422116,77825.272.48$325,602
Dec 19991,164136,09524.282.42$358,118
Nov 199933655,30623.192.43$142,406
Oct 199945363,28520.982.80$186,937
Sep 199953767,66221.752.62$188,876
Aug 199963679,19319.262.88$239,977
Jul 199989991,01717.892.37$232,009
Jun 19991,025100,49415.942.36$253,715
May 19991,446110,88915.792.32$280,208
Apr 19991,59486,73115.102.21$215,576
Mar 19992,04499,42612.471.84$208,266
Feb 19992,18596,5209.981.82$197,259
Jan 19992,958124,57610.381.90$267,392
Dec 19982,16898,6909.201.77$194,955
Nov 199889372,96010.892.19$169,195
Oct 199866477,85112.421.97$161,552
Sep 199858293,11212.592.08$201,244
Aug 1998755110,45611.301.91$219,210
Jul 1998850140,53911.742.24$324,403
Jun 1998874146,84011.242.24$338,344
May 1998948115,99112.622.21$267,879
Apr 19981,168129,10413.042.51$338,679
Mar 19981,852158,76212.802.31$390,357
Feb 19981,218155,20913.952.30$373,837
Jan 19981,949223,44914.702.15$510,136
Dec 19972,966270,02916.322.41$699,472
Nov 19974,184355,06618.193.09$1,172,643
Oct 19975,435314,26119.253.15$1,094,489
Sep 19977,299349,57517.742.95$1,162,436
Aug 199710,583411,19317.862.55$1,239,504
Jul 199713,580459,16517.582.25$1,270,453
Jun 199713,405390,88617.242.26$1,113,410
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19971082,32518.951.94$6,555

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.

Jul 2008 — as filed, then multipliedworked
Condensate             1 bbl  × $131.08 =       $131
Gas                    1 Mcf  × $ 11.39 =        $11

────────────────────────────────────────────────────
Month total                                     $142

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/164835 is the state's own key, not one this site invented.