STARKS FOUNDATION

Operated by XTO ENERGY INC. (P-5 945936) in the SALT GRASS, W. (NODOSARIA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 169901District 03Field 79933260CondensateGasSave
Value, all time
$7.7 M
Aug 1998 – Sep 2007
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
110
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
CondensateDisposition26,837 bbl$605,356
GasProduction1,955,050 Mcf$7,134,347
Total$7,739,703

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 30.2041, -93.9929. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.20415, -93.99291 · 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
8,292 ft
1 wells filed one
Completion to plug
7.6 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 8,292 ft.

Completions filed
Aug 1998
1 of 1 wells
Plug dates filed
Mar 2006
1 of 1 wells

Last completion to plug: a median of 7.6 years across the 1 well that filed both dates, with the middle half between 7.6 years and 7.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3613075528,292 ftAug 1998Mar 2006Yes

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 (110)

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

110 months

Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 200725070.906.39$1,773
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 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005117049.207.36$5,756
Mar 20050050.377.15$0
Feb 200504145.226.31$259
Jan 2005038643.166.32$2,440
Dec 2004047739.866.75$3,220
Nov 200401,17645.286.33$7,445
Oct 200401,20249.706.52$7,831
Sep 200401,14643.245.28$6,055
Aug 200401,55742.375.55$8,642
Jul 200401,47438.286.08$8,968
Jun 2004073636.106.43$4,735
May 200401,80037.486.49$11,690
Apr 200402,47234.475.86$14,482
Mar 200402,88834.365.53$15,971
Feb 200401,12232.455.51$6,182
Jan 200420935132.036.30$8,905
Dec 20031974,29030.266.30$32,995
Nov 200304,48928.804.60$20,628
Oct 200306,66728.174.76$31,733
Sep 200305,66726.314.75$26,915
Aug 2003010,76729.765.13$55,232
Jul 200333011,26329.415.17$67,944
Jun 2003011,56128.565.98$69,169
May 2003010,56926.595.97$63,125
Apr 20033767,97826.675.41$53,167
Mar 20031913,04331.146.10$80,102
Feb 20033311,77033.487.93$94,392
Jan 200336611,35130.315.58$74,455
Dec 20021511,68726.914.85$57,130
Nov 200216511,80324.664.14$52,897
Oct 200236211,08926.464.23$56,475
Sep 2002103,01927.443.64$11,249
Aug 2002169,60125.963.16$30,794
Jul 20021929,45124.583.06$33,656
Jun 200207,55623.733.34$25,224
May 2002015,52524.663.58$55,642
Apr 200235915,22823.653.51$61,976
Mar 2002013,75322.003.10$42,672
Feb 200238717,02918.222.38$47,507
Jan 20025817,67617.172.38$42,988
Dec 200135718,17116.932.36$49,008
Nov 2001018,08018.072.41$43,492
Oct 200136018,76219.782.53$54,568
Sep 200135418,27924.262.25$49,740
Aug 20012819,01424.873.05$58,749
Jul 200156919,02323.933.20$74,434
Jun 2001020,46524.563.82$78,261
May 200135920,65525.524.31$98,129
Apr 2001016,22724.685.34$86,576
Mar 200138727,30224.545.38$156,285
Feb 200136428,27827.755.77$173,182
Jan 200154943,23427.478.40$378,193
Dec 200037254,82926.889.12$510,177
Nov 200084761,02232.215.66$372,544
Oct 200075373,41631.235.15$401,278
Sep 20001,12279,18731.875.19$446,462
Aug 20001,09955,31229.644.54$283,732
Jul 200071651,50028.534.09$231,050
Jun 200071648,13829.304.40$232,654
May 200071749,96427.263.68$203,400
Apr 200055244,77324.513.12$153,042
Mar 200093940,88428.422.86$143,604
Feb 200036240,89027.622.73$121,485
Jan 200093945,09625.272.48$135,589
Dec 199959346,67924.282.42$127,535
Nov 199977546,35123.192.43$130,790
Oct 199972749,01920.982.80$152,688
Sep 199954946,12021.752.62$132,722
Aug 199971545,74219.262.88$145,307
Jul 199955347,30417.892.37$122,116
Jun 199973149,60715.942.36$128,829
May 199974442,73715.792.32$110,941
Apr 199936148,35515.102.21$112,221
Mar 199992044,20912.471.84$92,743
Feb 199972940,0689.981.82$80,111
Jan 199956643,97810.381.90$89,431
Dec 199856545,2299.201.77$85,403
Nov 199872144,75610.892.19$105,676
Oct 199876745,40312.421.97$98,934
Sep 199857535,27912.592.08$80,712
Aug 199854952,05311.301.91$105,487

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 2007 — as filed, then multipliedworked
Condensate            25 bbl  × $ 70.90 =     $1,773
Gas                    0 Mcf  × $  6.39 =         $0

────────────────────────────────────────────────────
Month total                                   $1,773

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/169901 is the state's own key, not one this site invented.