FOSTER LUMBER CO. "A"

Name: FOSTER LUMBER CO. "A" lease production and value, May 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FAMCOR OIL, INC. (P-5 261273) in the COLD SPRINGS (WILCOX, CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 169285District 03Field 194281002 tax incentive programmesCondensateGasSave Export

Value, all time

$7.2 M

May 1998 – Sep 2005

Value, last 12 filed months

$224 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The COLD SPRINGS (WILCOX, CONS.) 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 56 leases and 57 wells, and the rule below applies to all of them.

Discovered

1994-12-05

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2002-10-21.

The Commission's schedule remark for this field reads: “BETWEEN WELL SPACING.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2004-08-05	155825
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	86,187 bbl	$2,008,088
Gas	Production	1,293,722 Mcf	$5,194,665
Total			$7,202,753

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 30.5317, -95.1504. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.53167, -95.15039 · 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

0.0%

0 of 1 wells

Median depth

11,600 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 11,600 ft.

Completions filed

May 2013

1 of 1 wells

1 well


42-40730560	3R	11,600 ft	May 2013	—	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 (89)

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

89 months


Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	260	0	55.69	7.84	$14,479
Jun 2005	160	1,570	52.33	7.38	$19,961
May 2005	318	3,305	45.22	6.65	$36,362
Apr 2005	496	1,723	49.20	7.36	$37,085
Mar 2005	363	591	50.37	7.15	$22,513
Feb 2005	366	314	45.22	6.31	$18,532
Jan 2005	186	332	43.16	6.32	$10,127
Dec 2004	180	1,266	39.86	6.75	$15,722
Nov 2004	178	0	45.28	6.33	$8,060
Oct 2004	335	3,825	49.70	6.52	$41,570
Sep 2004	289	4,921	43.24	5.28	$38,498
Aug 2004	322	8,437	42.37	5.55	$60,474
Jul 2004	316	9,250	38.28	6.08	$68,375
Jun 2004	323	12,345	36.10	6.43	$91,076
May 2004	492	15,955	37.48	6.49	$122,061
Apr 2004	514	15,415	34.47	5.86	$108,026
Mar 2004	696	23,862	34.36	5.53	$155,875
Feb 2004	1,249	26,563	32.45	5.51	$186,882
Jan 2004	902	21,491	32.03	6.30	$164,277
Dec 2003	1,069	24,481	30.26	6.30	$186,618
Nov 2003	1,578	28,640	28.80	4.60	$177,052
Oct 2003	1,420	28,687	28.17	4.76	$176,541
Sep 2003	1,871	31,658	26.31	4.75	$199,581
Aug 2003	2,100	36,821	29.76	5.13	$251,377
Jul 2003	1,376	18,206	29.41	5.17	$134,608
Jun 2003	332	6,359	28.56	5.98	$47,528
May 2003	311	7,246	26.59	5.97	$51,548
Apr 2003	656	5,713	26.67	5.41	$48,387
Mar 2003	488	6,849	31.14	6.10	$56,948
Feb 2003	333	6,595	33.48	7.93	$63,420
Jan 2003	667	8,046	30.31	5.58	$65,130
Dec 2002	546	8,229	26.91	4.85	$54,634
Nov 2002	480	9,790	24.66	4.14	$52,338
Oct 2002	490	10,315	26.46	4.23	$56,589
Sep 2002	414	10,923	27.44	3.64	$51,067
Aug 2002	508	10,672	25.96	3.16	$46,956
Jul 2002	493	9,375	24.58	3.06	$40,822
Jun 2002	705	11,166	23.73	3.34	$54,004
May 2002	1,456	10,473	24.66	3.58	$73,440
Apr 2002	1,400	11,260	23.65	3.51	$72,659
Mar 2002	1,117	10,641	22.00	3.10	$57,590
Feb 2002	794	10,632	18.22	2.38	$39,725
Jan 2002	848	11,936	17.17	2.38	$42,916
Dec 2001	843	8,661	16.93	2.36	$34,750
Nov 2001	1,042	14,033	18.07	2.41	$52,586
Oct 2001	1,087	14,694	19.78	2.53	$58,660
Sep 2001	1,179	15,309	24.26	2.25	$63,068
Aug 2001	1,324	17,498	24.87	3.05	$86,352
Jul 2001	1,002	18,126	23.93	3.20	$81,928
Jun 2001	1,039	18,888	24.56	3.82	$97,749
May 2001	1,284	18,700	25.52	4.31	$113,315
Apr 2001	1,324	18,227	24.68	5.34	$129,923
Mar 2001	1,384	19,115	24.54	5.38	$136,734
Feb 2001	955	19,006	27.75	5.77	$136,110
Jan 2001	1,195	18,364	27.47	8.40	$187,061
Dec 2000	1,186	18,843	26.88	9.12	$203,775
Nov 2000	1,089	17,572	32.21	5.66	$134,499
Oct 2000	792	21,965	31.23	5.15	$137,755
Sep 2000	1,093	20,680	31.87	5.19	$142,091
Aug 2000	1,083	23,470	29.64	4.54	$138,672
Jul 2000	1,151	24,465	28.53	4.09	$132,894
Jun 2000	1,169	20,168	29.30	4.40	$122,935
May 2000	1,092	21,475	27.26	3.68	$108,791
Apr 2000	1,259	22,336	24.51	3.12	$100,457
Mar 2000	952	20,248	28.42	2.86	$84,960
Feb 2000	1,488	18,006	27.62	2.73	$90,192
Jan 2000	1,460	20,061	25.27	2.48	$86,656
Dec 1999	985	20,792	24.28	2.42	$74,310
Nov 1999	1,079	20,399	23.19	2.43	$74,673
Oct 1999	1,181	19,980	20.98	2.80	$80,796
Sep 1999	941	22,647	21.75	2.62	$79,776
Aug 1999	1,106	23,400	19.26	2.88	$88,591
Jul 1999	1,200	28,220	17.89	2.37	$88,416
Jun 1999	890	10,028	15.94	2.36	$37,874
May 1999	1,123	15,577	15.79	2.32	$53,887
Apr 1999	846	17,405	15.10	2.21	$51,206
Mar 1999	1,245	18,891	12.47	1.84	$50,253
Feb 1999	1,114	16,156	9.98	1.82	$40,486
Jan 1999	1,305	17,703	10.38	1.90	$47,181
Dec 1998	1,632	18,278	9.20	1.77	$47,427
Nov 1998	1,278	20,899	10.89	2.19	$59,597
Oct 1998	555	8,176	12.42	1.97	$22,993
Sep 1998	1,896	11,222	12.59	2.08	$47,242
Aug 1998	2,655	15,576	11.30	1.91	$59,710
Jul 1998	2,999	19,433	11.74	2.24	$78,685
Jun 1998	3,051	20,566	11.24	2.24	$80,305
May 1998	2,237	12,586	12.62	2.21	$56,000

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 2005 — as filed, then multipliedworked

Condensate           260 bbl  × $ 55.69 =    $14,479
Gas                    0 Mcf  × $  7.84 =         $0

────────────────────────────────────────────────────
Month total                                  $14,479

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/169285 is the state's own key, not one this site invented.