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 168092District 03Field 27808088CondensateGasSaveExport
Value, all time
$4.7 M
Dec 1997 – May 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
198
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1997-12-10
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 03/01/2000.

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
CondensateDisposition24,566 bbl$592,289
GasProduction1,269,788 Mcf$4,116,774
Total$4,709,063

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 29.4230, -96.2233. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.42295, -96.22335 · 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
8,950 ft
1 wells filed one
Completion to plug
13 months
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 8,950 ft.

Completions filed
Apr 2013
1 of 1 wells
Plug dates filed
May 2014
1 of 1 wells

Last completion to plug: a median of 13 months across the 1 well that filed both dates, with the middle half between 13 months and 13 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4813400628,950 ftApr 2013May 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 (198)

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

198 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 201101295.723.31$40
Oct 2011020784.983.65$755
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 2010046685.734.35$2,026
Nov 20100180.843.80$4
Oct 20100978.103.51$32
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 2010044570.364.91$2,185
May 20101171.124.24$75
Apr 201006881.694.12$280
Mar 201046878.394.39$612
Feb 2010651173.585.44$4,843
Jan 2010143474.365.96$2,663
Dec 2009123071.445.48$8,787
Nov 2009182174.593.75$13,579
Oct 2009044072.544.11$1,809
Sep 2009237165.543.06$1,268
Aug 2009050767.423.22$1,632
Jul 2009062561.133.46$2,165
Jun 2009061666.163.90$2,399
May 200917856654.743.93$11,966
Apr 2009073946.773.59$2,651
Mar 2009075542.144.06$3,065
Feb 200918858732.814.63$8,888
Jan 2009082735.865.37$4,442
Dec 200818282437.105.98$11,677
Nov 2008074355.496.86$5,097
Oct 200801,16175.246.92$8,036
Sep 2008143690101.767.88$19,987
Aug 20080962114.228.48$8,161
Jul 20080888131.0811.39$10,114
Jun 200838836131.3313.03$15,886
May 200801,199123.1711.57$13,878
Apr 20080959110.3110.45$10,026
Mar 2008281,060101.909.66$13,097
Feb 200801,21092.538.77$10,612
Jan 2008221,41890.388.21$13,624
Dec 200701,14488.337.30$8,353
Nov 20073223691.677.29$4,654
Oct 200701,18382.856.92$8,189
Sep 200781,37975.846.24$9,217
Aug 200701,46969.066.39$9,384
Jul 200701,57270.906.39$10,042
Jun 2007511,62062.007.55$15,390
May 2007581,71658.747.85$16,871
Apr 200702,30159.617.81$17,960
Mar 200723089456.927.30$19,620
Feb 200704,08355.108.22$33,546
Jan 200701,31350.306.73$8,832
Dec 20061974,64356.656.92$43,282
Nov 20061952,30154.207.62$28,097
Oct 200602,78354.906.01$16,736
Sep 20061182,30560.085.04$18,700
Aug 2006842,20868.717.34$21,978
Jul 2006481,87269.376.34$15,203
Jun 2006562,00966.286.38$16,537
May 200601,43966.016.42$9,246
Apr 2006611,46264.397.36$14,689
Mar 2006633,10456.707.08$25,557
Feb 200601,78757.597.75$13,851
Jan 2006692,21460.598.93$23,959
Dec 2005593,38054.9413.42$48,586
Nov 2005543,17754.6910.59$36,593
Oct 20051222,03058.3413.80$35,123
Sep 2005353,63661.4512.08$46,070
Aug 2005492,84161.519.80$30,847
Jul 200501,39455.697.84$10,934
Jun 2005531,66152.337.38$15,033
May 2005621,90545.226.65$15,474
Apr 2005572,37949.207.36$20,315
Mar 2005512,22750.377.15$18,503
Feb 2005962,67345.226.31$21,213
Jan 2005442,54843.166.32$18,008
Dec 2004862,60039.866.75$20,981
Nov 2004392,74845.286.33$19,162
Oct 2004962,86949.706.52$23,463
Sep 200401,61243.245.28$8,518
Aug 2004912,75142.375.55$19,126
Jul 2004392,70538.286.08$17,951
Jun 2004382,89036.106.43$19,963
May 2004743,16837.486.49$23,348
Apr 2004282,71934.475.86$16,894
Mar 2004983,73434.365.53$24,017
Feb 2004872,97432.455.51$19,209
Jan 2004403,84532.036.30$25,503
Dec 2003794,08030.266.30$28,101
Nov 2003974,10828.804.60$21,671
Oct 2003914,23028.174.76$22,697
Sep 2003403,75926.314.75$18,905
Aug 2003744,43129.765.13$24,932
Jul 2003633,84629.415.17$21,740
Jun 2003493,52628.565.98$22,495
May 2003363,43326.595.97$21,461
Apr 20031233,37826.675.41$21,546
Mar 20031251,20931.146.10$11,263
Feb 20031223,09833.487.93$28,639
Jan 20031123,77030.315.58$24,439
Dec 20021465,17126.914.85$29,028
Nov 20021414,34924.664.14$21,469
Oct 20021774,68826.464.23$24,510
Sep 2002935,03027.443.64$20,837
Aug 20021235,09025.963.16$19,299
Jul 20021485,17024.583.06$19,467
Jun 20021596,32723.733.34$24,894
May 20021076,40224.663.58$25,583
Apr 20021236,80123.653.51$26,796
Mar 20021476,96422.003.10$24,841
Feb 20021211,70718.222.38$6,260
Jan 20021488,96617.172.38$23,842
Dec 20011569,82016.932.36$25,859
Nov 200113210,11318.072.41$26,712
Oct 20011229,83119.782.53$27,275
Sep 200116710,40424.262.25$27,474
Aug 200116110,28724.873.05$35,412
Jul 20011636,74623.933.20$25,468
Jun 20012006,13924.563.82$28,389
May 20011767,05325.524.31$34,871
Apr 20012447,20824.685.34$44,479
Mar 20011947,80924.545.38$46,745
Feb 2001771,97727.755.77$13,538
Jan 20011076,20127.478.40$55,020
Dec 20001955,90826.889.12$59,137
Nov 200013411,95532.215.66$71,958
Oct 200019212,33031.235.15$69,440
Sep 200015012,67831.875.19$70,535
Aug 200013813,13929.644.54$63,751
Jul 200011812,48828.534.09$54,439
Jun 200015514,43929.304.40$68,033
May 200019815,63827.263.68$62,941
Apr 200014716,86124.513.12$56,142
Mar 200022817,17828.422.86$55,605
Feb 200021420,83827.622.73$62,725
Jan 200023625,08925.272.48$68,197
Dec 199912614,72124.282.42$38,739
Nov 1999256123.192.43$1,412
Oct 199923020.982.80$483
Sep 199910312,67521.752.62$35,434
Aug 199913618,91519.262.88$57,011
Jul 199915821,07717.892.37$52,829
Jun 199917527,12515.942.36$66,861
May 199930735,42915.792.32$87,079
Apr 199931740,94915.102.21$95,204
Mar 199944148,02112.471.84$93,778
Feb 199949949,6149.981.82$95,168
Jan 199977453,76910.381.90$110,193
Dec 199892270,4939.201.77$133,489
Nov 199851634,42810.892.19$80,869
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 199801,42211.742.24$3,181
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19986012.802.31$77
Feb 19984671,78913.952.30$10,628
Jan 19984,513197,85414.702.15$492,675
Dec 19974,608128,07516.322.41$384,004

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.

Nov 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 95.72 =         $0
Gas                   12 Mcf  × $  3.31 =        $40

────────────────────────────────────────────────────
Month total                                      $40

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/168092 is the state's own key, not one this site invented.