FENNER-MORTON

Operated by FAULCONER, VERNON E., INC. (P-5 263701) in the LOST FORK (YEGUA 6800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 171618District 03Field 55031800CondensateGasSaveExport
Value, all time
$6.8 M
Jan 1999 – Jul 2014
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
187
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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
1990-12-10
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 09/01/1999.

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
CondensateDisposition17,204 bbl$403,442
GasProduction1,728,199 Mcf$6,387,344
Total$6,790,786

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 29.2271, -96.6075. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.22714, -96.60751 · 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
6,992 ft
1 wells filed one
Completion to plug
15.5 years
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 6,992 ft.

Completions filed
Jan 1999
1 of 1 wells
Plug dates filed
Jul 2014
1 of 1 wells

Last completion to plug: a median of 15.5 years across the 1 well that filed both dates, with the middle half between 15.5 years and 15.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4813406226,992 ftJan 1999Jul 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 (187)

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

187 months

Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 201447095.895.06$4,507
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 200902032.814.63$93
Jan 2009082635.865.37$4,436
Dec 20088898937.105.98$9,176
Nov 200801,17855.496.86$8,082
Oct 200803,20875.246.92$22,206
Sep 20080540101.767.88$4,254
Aug 200802,533114.228.48$21,487
Jul 200803,999131.0811.39$45,546
Jun 200803,574131.3313.03$46,579
May 200807,347123.1711.57$85,036
Apr 200801,229110.3110.45$12,849
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 200733082.856.92$2,734
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 2005143154.6910.59$7,831
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 200504255.697.84$329
Jun 2005663852.337.38$5,023
May 200502,14345.226.65$14,253
Apr 2005104,61449.207.36$34,453
Mar 200502,20950.377.15$15,805
Feb 200506,14145.226.31$38,762
Jan 200595,03243.166.32$32,202
Dec 200405,82539.866.75$39,325
Nov 2004061645.286.33$3,900
Oct 20041977,18049.706.52$56,569
Sep 200406,52243.245.28$34,462
Aug 2004158,34042.375.55$46,928
Jul 200408,66338.286.08$52,707
Jun 2004208,75636.106.43$57,050
May 200407,90437.486.49$51,333
Apr 20041899,00334.475.86$59,259
Mar 200409,44234.365.53$52,216
Feb 200408,62932.455.51$47,543
Jan 20042710,52732.036.30$67,181
Dec 200308,56430.266.30$53,967
Nov 2003010,46328.804.60$48,079
Oct 200328110,99528.174.76$60,248
Sep 20031159,25226.314.75$46,967
Aug 2003838,78329.765.13$47,524
Jul 20038311,02329.415.17$59,439
Jun 200329610,03528.565.98$68,493
May 2003426,68626.595.97$41,050
Apr 200311112,52926.675.41$70,708
Mar 200341413,26531.146.10$93,756
Feb 20039911,66733.487.93$95,786
Jan 20036613,28030.315.58$76,130
Dec 200216313,74526.914.85$71,101
Nov 200233212,97524.664.14$61,864
Oct 200213111,08926.464.23$50,363
Sep 2002014,52427.443.64$52,798
Aug 200212515,46225.963.16$52,169
Jul 200229815,32024.583.06$54,231
Jun 200213116,09123.733.34$56,824
May 200237716,56224.663.58$68,655
Apr 200239116,59523.653.51$67,534
Mar 200219717,03222.003.10$57,180
Feb 200248215,57818.222.38$45,790
Jan 200227718,50317.172.38$48,713
Dec 200152919,63016.932.36$55,369
Nov 200120519,71118.072.41$51,120
Oct 200161218,13419.782.53$57,964
Sep 200120115,99424.262.25$40,884
Aug 200129120,86424.873.05$70,938
Jul 200151620,33923.933.20$77,373
Jun 200127421,78724.563.82$90,046
May 200154322,75825.524.31$111,883
Apr 200119827,87224.685.34$153,593
Mar 20016725,33024.545.38$137,829
Feb 200125812,65327.755.77$80,130
Jan 200120124,83027.478.40$214,063
Dec 2000026,13126.889.12$238,380
Nov 200020027,21232.215.66$160,408
Oct 200024831,68731.235.15$170,791
Sep 200019727,37431.875.19$148,254
Aug 20006020,71029.644.54$95,817
Jul 200021831,74328.534.09$136,040
Jun 200024830,71529.304.40$142,328
May 200038430,58527.263.68$123,013
Apr 200019229,98224.513.12$98,130
Mar 200019132,13728.422.86$97,332
Feb 200036533,80927.622.73$102,262
Jan 200036532,50925.272.48$89,862
Dec 199940735,69924.282.42$96,406
Nov 199940334,72723.192.43$93,871
Oct 199942338,63220.982.80$117,187
Sep 199918435,22321.752.62$96,246
Aug 199953244,48219.262.88$138,159
Jul 199917865,79917.892.37$159,284
Jun 199936260,60615.942.36$148,928
May 199954768,98015.792.32$168,741
Apr 199955374,15415.102.21$172,086
Mar 199972577,61912.471.84$151,730
Feb 199954072,9129.981.82$137,928
Jan 199950967,18210.381.90$132,926

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            47 bbl  × $ 95.89 =     $4,507
Gas                    0 Mcf  × $  5.06 =         $0

────────────────────────────────────────────────────
Month total                                   $4,507

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/171618 is the state's own key, not one this site invented.