DUNCAN

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

Gas lease lease 167982District 03Field 27808088CondensateGasSave
Value, all time
$24.0 M
Mar 1998 – May 2014
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
195
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
CondensateDisposition125,091 bbl$2,384,241
GasProduction6,607,346 Mcf$21,579,494
Total$23,963,735

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 29.4193, -96.2212. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.41932, -96.22117 · 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
8,814 ft
1 wells filed one
Completion to plug
4.6 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 8,814 ft.

Completions filed
Oct 2009
1 of 1 wells
Plug dates filed
May 2014
1 of 1 wells

Last completion to plug: a median of 4.6 years across the 1 well that filed both dates, with the middle half between 4.6 years and 4.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4813401748,814 ftOct 2009May 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 (195)

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

195 months

May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 201430095.895.06$2,877
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 2013140094.403.93$13,216
May 20130594.834.15$21
Apr 201303293.964.28$137
Mar 201301493.623.91$55
Feb 20130591.233.42$17
Jan 201301091.603.42$34
Dec 2012028086.773.42$958
Nov 201203,05586.953.62$11,074
Oct 201203,97889.383.40$13,524
Sep 201204,67994.672.92$13,655
Aug 20121883,91592.662.91$28,806
Jul 201203,45385.133.02$10,431
Jun 201203,45079.822.52$8,691
May 201203,71991.612.49$9,254
Apr 201203,651101.652.00$7,290
Mar 201202,177105.052.22$4,837
Feb 201203,231101.102.57$8,304
Jan 20121893,31598.092.73$27,602
Dec 201103,24096.873.24$10,497
Nov 201102,30495.723.31$7,629
Oct 201102,63884.983.65$9,625
Sep 201103,36483.623.99$13,408
Aug 20111883,24883.404.15$29,156
Jul 201106,12794.144.52$27,677
Jun 201104,60692.904.64$21,371
May 2011093098.134.40$4,096
Apr 201106,049105.964.33$26,212
Mar 201106,25496.364.06$25,375
Feb 20111886,07085.644.18$41,473
Jan 201106,17786.504.59$28,345
Dec 20101898,16685.734.35$51,707
Nov 201001,36780.843.80$5,188
Oct 201006,45878.103.51$22,660
Sep 201004,57572.633.98$18,206
Aug 20101805,65173.684.42$38,236
Jul 201005,13672.554.74$24,327
Jun 201006,19670.364.91$30,425
May 201003,50271.124.24$14,832
Apr 20101865,98081.694.12$39,848
Mar 201008,95278.394.39$39,287
Feb 20101126,55473.585.44$43,910
Jan 201007,75974.365.96$46,275
Dec 2009636,65271.445.48$40,979
Nov 200959,47474.593.75$35,915
Oct 200908,90772.544.11$36,610
Sep 200904,56965.543.06$14,003
Aug 200916,50067.423.22$20,988
Jul 200906,30361.133.46$21,837
Jun 200905,05166.163.90$19,674
May 200905,13654.743.93$20,163
Apr 200905,69646.773.59$20,434
Mar 200904,98842.144.06$20,246
Feb 200934,38532.814.63$20,414
Jan 200906,87635.865.37$36,931
Dec 2008125,89837.105.98$35,698
Nov 200805,52355.496.86$37,890
Oct 200807,06575.246.92$48,904
Sep 2008474,525101.767.88$40,427
Aug 200805,829114.228.48$49,448
Jul 200805,555131.0811.39$63,268
Jun 20081585,087131.3313.03$87,047
May 200806,924123.1711.57$80,140
Apr 200805,765110.3110.45$60,272
Mar 20081627,148101.909.66$85,587
Feb 200805,97392.538.77$52,387
Jan 20081696,64190.388.21$69,768
Dec 200705,98788.337.30$43,717
Nov 200715978991.677.29$20,329
Oct 200706,03182.856.92$41,746
Sep 20071766,57975.846.24$54,428
Aug 200706,26669.066.39$40,027
Jul 200707,04270.906.39$44,984
Jun 2007727,76562.007.55$63,078
May 20071367,99558.747.85$70,720
Apr 2007011,42559.617.81$89,174
Mar 2007291,04856.927.30$9,303
Feb 200707,57355.108.22$62,220
Jan 2007074750.306.73$5,025
Dec 200607,88456.656.92$54,545
Nov 200603,03454.207.62$23,111
Oct 200605,97654.906.01$35,938
Sep 2006726,03060.085.04$34,700
Aug 20061086,99068.717.34$58,727
Jul 20061456,05869.376.34$48,483
Jun 20062055,90366.286.38$51,271
May 200606,26566.016.42$40,253
Apr 20061367,96364.397.36$67,369
Mar 20061315,43256.707.08$45,902
Feb 200605,62857.597.75$43,623
Jan 20061287,34060.598.93$73,326
Dec 20051356,24854.9413.42$91,236
Nov 20051405,32854.6910.59$64,072
Oct 20053307,98258.3413.80$129,370
Sep 2005957,45061.4512.08$95,826
Aug 20051486,76561.519.80$75,379
Jul 200509,24555.697.84$72,514
Jun 20051318,81152.337.38$71,890
May 200510310,16545.226.65$72,267
Apr 2005887,19149.207.36$57,259
Mar 2005959,13850.377.15$70,166
Feb 20051869,01345.226.31$65,300
Jan 2005988,26143.166.32$56,457
Dec 20041909,02939.866.75$68,529
Nov 20041058,99045.286.33$61,665
Oct 200415814,42049.706.52$101,800
Sep 200405,15043.245.28$27,212
Aug 200418010,43942.375.55$65,570
Jul 20049910,17338.286.08$65,684
Jun 200410112,07836.106.43$81,344
May 200420212,44137.486.49$88,370
Apr 200412710,56634.475.86$66,278
Mar 200414221,03934.365.53$121,228
Feb 20041603,62532.455.51$25,164
Jan 2004906,38532.036.30$43,106
Dec 200318911,97230.266.30$81,162
Nov 200316712,92828.804.60$64,216
Oct 200316414,68328.174.76$74,506
Sep 20038813,53026.314.75$66,574
Aug 200318514,65929.765.13$80,702
Jul 200321815,37329.415.17$85,903
Jun 200322717,61728.565.98$111,885
May 200311216,20326.595.97$99,753
Apr 200332922,01026.675.41$127,789
Mar 200318019,21831.146.10$122,759
Feb 200323115,01433.487.93$126,733
Jan 200324422,62230.315.58$133,673
Dec 200234822,21326.914.85$117,181
Nov 200231223,47224.664.14$104,797
Oct 200238225,16326.464.23$116,525
Sep 200219824,92727.443.64$96,048
Aug 200229227,46025.963.16$94,468
Jul 200238523,01224.583.06$79,921
Jun 200239025,65923.733.34$94,911
May 200228728,26424.663.58$108,376
Apr 200233326,86123.653.51$102,220
Mar 200239528,67822.003.10$97,670
Feb 20023474,80818.222.38$17,745
Jan 200247635,14517.172.38$91,666
Dec 200156437,26116.932.36$97,648
Nov 200148538,43118.072.41$101,210
Oct 200140838,29019.782.53$104,901
Sep 200151940,63624.262.25$104,076
Aug 200150844,52924.873.05$148,588
Jul 200155047,03423.933.20$163,533
Jun 200172741,73024.563.82$177,437
May 200169546,29525.524.31$217,144
Apr 200190156,59024.685.34$324,162
Mar 200199165,14024.545.38$374,540
Feb 20011,10566,27427.755.77$412,871
Jan 200198882,60427.478.40$720,912
Dec 20001,633101,03126.889.12$965,550
Nov 200088052,51232.215.66$325,458
Oct 20001,05163,57931.235.15$359,968
Sep 200062653,81031.875.19$299,036
Aug 200086647,56529.644.54$241,649
Jul 200094262,70128.534.09$283,307
Jun 200097070,14629.304.40$336,871
May 20001,13951,76027.263.68$221,513
Apr 20001,22987,22324.513.12$301,910
Mar 20001,76490,03428.422.86$307,608
Feb 20001,39166,74127.622.73$220,389
Jan 20001,59666,52225.272.48$205,339
Dec 19991,71667,93424.282.42$206,317
Nov 19991,25372,41223.192.43$205,307
Oct 19991,66982,90620.982.80$267,460
Sep 19991,70791,58721.752.62$276,980
Aug 19991,724100,95219.262.88$323,502
Jul 19992,027111,60517.892.37$301,031
Jun 19991,872120,22215.942.36$313,816
May 19992,318138,19015.792.32$357,343
Apr 19992,523144,11315.102.21$356,306
Mar 19992,972159,93312.471.84$331,070
Feb 19992,927157,7109.981.82$315,895
Jan 19993,643191,91210.381.90$402,438
Dec 19984,130205,4919.201.77$402,397
Nov 19983,528195,46210.892.19$465,645
Oct 19984,339228,88112.421.97$504,605
Sep 19984,643240,82512.592.08$560,002
Aug 19986,028271,34211.301.91$585,661
Jul 19986,398288,97011.742.24$721,616
Jun 19987,893306,95911.242.24$775,467
May 19989,785344,39212.622.21$883,333
Apr 19989,526303,13713.042.51$883,677
Mar 19986,653202,05812.802.31$551,799

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 2014 — as filed, then multipliedworked
Condensate            30 bbl  × $ 95.89 =     $2,877
Gas                    0 Mcf  × $  5.06 =         $0

────────────────────────────────────────────────────
Month total                                   $2,877

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/167982 is the state's own key, not one this site invented.