FORGASON DEEP GAS UNIT

Name: FORGASON DEEP GAS UNIT lease production and value, Feb 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NEWFIELD EXPLORATION COMPANY (P-5 606617) in the DYNAMIC (WILCOX 15,150) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 194319District 03Field 269094802 tax incentive programmesCondensateGasSave Export

Value, all time

$91.1 M

Feb 2003 – Feb 2016

Value, last 12 filed months

at the published price for each month

Months reported

157

no gaps in the span

Streams

condensate, gas

The DYNAMIC (WILCOX 15,150) 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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered

2000-11-16

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 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 2001-07-24.

The Commission's schedule remark for this field reads: “DAVIS-LOCKE #2 WELL.”

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	2	2	2003-05-29 – 2008-03-11	2 dockets
NGPA	2	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	104,237 bbl	$5,611,871
Gas	Production	13,537,507 Mcf	$85,535,682
Total			$91,147,553

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 29.3704, -96.2156. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.37044, -96.21564 · 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

100.0%

1 of 1 wells

Median depth

16,042 ft

1 wells filed one

Completion to plug

5.7 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 16,042 ft.

Completions filed

Feb 2016

1 of 1 wells

Plug dates filed

Oct 2021

1 of 1 wells

Last completion to plug: a median of 5.7 years across the 1 well that filed both dates, with the middle half between 5.7 years and 5.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-48134475	3	16,042 ft	Feb 2016	Oct 2021	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 (157)

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

157 months


Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	153	44.66	2.98	$455
Jan 2015	0	105	43.43	3.10	$326
Dec 2014	0	107	54.69	3.59	$384
Nov 2014	0	57	70.46	4.25	$242
Oct 2014	0	72	78.30	3.90	$281
Sep 2014	0	50	86.16	4.05	$202
Aug 2014	0	90	89.39	4.04	$363
Jul 2014	0	117	96.56	4.18	$489
Jun 2014	0	93	98.16	4.74	$441
May 2014	0	71	94.73	4.73	$336
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	99	95.89	5.06	$501
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	43	90.40	4.86	$209
Dec 2013	0	75	91.82	4.35	$327
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	37	94.40	3.93	$146
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	1	0	91.23	3.42	$91
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	10	1,319	86.77	3.42	$5,379
Nov 2012	71	0	86.95	3.62	$6,173
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	146	13,673	94.67	2.92	$53,725
Aug 2012	447	53,033	92.66	2.91	$195,647
Jul 2012	292	53,555	85.13	3.02	$186,637
Jun 2012	299	52,934	79.82	2.52	$157,209
May 2012	447	57,263	91.61	2.49	$183,438
Apr 2012	454	55,718	101.65	2.00	$157,407
Mar 2012	311	57,581	105.05	2.22	$160,620
Feb 2012	462	54,158	101.10	2.57	$185,907
Jan 2012	446	58,359	98.09	2.73	$203,306
Dec 2011	464	57,682	96.87	3.24	$231,822
Nov 2011	288	56,451	95.72	3.31	$214,492
Oct 2011	432	60,024	84.98	3.65	$255,711
Sep 2011	306	58,429	83.62	3.99	$258,474
Aug 2011	450	60,567	83.40	4.15	$288,842
Jul 2011	449	61,405	94.14	4.52	$319,650
Jun 2011	230	59,332	92.90	4.64	$296,660
May 2011	427	62,421	98.13	4.40	$316,855
Apr 2011	419	62,275	105.96	4.33	$314,252
Mar 2011	419	63,805	96.36	4.06	$299,253
Feb 2011	400	54,578	85.64	4.18	$262,391
Jan 2011	573	64,376	86.50	4.59	$344,972
Dec 2010	431	62,933	85.73	4.35	$310,567
Nov 2010	418	62,598	80.84	3.80	$271,371
Oct 2010	411	64,685	78.10	3.51	$259,072
Sep 2010	289	65,118	72.63	3.98	$280,125
Aug 2010	422	68,033	73.68	4.42	$331,755
Jul 2010	564	69,699	72.55	4.74	$371,047
Jun 2010	264	68,816	70.36	4.91	$356,489
May 2010	506	72,351	71.12	4.24	$342,409
Apr 2010	543	71,411	81.69	4.12	$338,763
Mar 2010	523	74,983	78.39	4.39	$370,074
Feb 2010	399	66,268	73.58	5.44	$390,013
Jan 2010	692	77,427	74.36	5.96	$513,239
Dec 2009	255	77,899	71.44	5.48	$445,396
Nov 2009	518	76,204	74.59	3.75	$324,517
Oct 2009	645	80,282	72.54	4.11	$376,767
Sep 2009	422	78,718	65.54	3.06	$268,909
Aug 2009	571	88,597	67.42	3.22	$323,646
Jul 2009	712	85,060	61.13	3.46	$338,215
Jun 2009	591	83,351	66.16	3.90	$363,753
May 2009	739	88,770	54.74	3.93	$388,942
Apr 2009	822	85,862	46.77	3.59	$346,475
Mar 2009	713	90,737	42.14	4.06	$398,347
Feb 2009	712	84,050	32.81	4.63	$412,764
Jan 2009	709	95,652	35.86	5.37	$539,172
Dec 2008	724	100,091	37.10	5.98	$625,118
Nov 2008	853	99,259	55.49	6.86	$728,285
Oct 2008	710	102,520	75.24	6.92	$763,062
Sep 2008	702	100,166	101.76	7.88	$860,452
Aug 2008	808	111,651	114.22	8.48	$1,039,427
Jul 2008	805	113,070	131.08	11.39	$1,393,322
Jun 2008	790	110,764	131.33	13.03	$1,547,297
May 2008	854	118,063	123.17	11.57	$1,471,683
Apr 2008	573	122,231	110.31	10.45	$1,341,116
Mar 2008	1,009	132,214	101.90	9.66	$1,380,542
Feb 2008	935	121,649	92.53	8.77	$1,153,448
Jan 2008	993	130,908	90.38	8.21	$1,163,943
Dec 2007	1,285	130,178	88.33	7.30	$1,064,060
Nov 2007	726	132,122	91.67	7.29	$1,029,946
Oct 2007	0	12,503	82.85	6.92	$86,546
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	32	1,317	62.00	7.55	$11,925
May 2007	243	11,909	58.74	7.85	$107,715
Apr 2007	381	38,623	59.61	7.81	$324,172
Mar 2007	749	93,035	56.92	7.30	$721,972
Feb 2007	865	88,907	55.10	8.22	$778,121
Jan 2007	831	106,646	50.30	6.73	$759,191
Dec 2006	877	106,227	56.65	6.92	$784,607
Nov 2006	781	103,904	54.20	7.62	$833,817
Oct 2006	584	107,135	54.90	6.01	$676,350
Sep 2006	617	106,778	60.08	5.04	$574,932
Aug 2006	768	114,086	68.71	7.34	$890,151
Jul 2006	679	115,270	69.37	6.34	$778,232
Jun 2006	930	114,356	66.28	6.38	$791,675
May 2006	827	122,157	66.01	6.42	$839,449
Apr 2006	977	119,089	64.39	7.36	$939,461
Mar 2006	534	111,668	56.70	7.08	$821,213
Feb 2006	606	122,499	57.59	7.75	$984,404
Jan 2006	836	124,383	60.59	8.93	$1,161,806
Dec 2005	871	135,525	54.94	13.42	$1,865,975
Nov 2005	1,051	134,149	54.69	10.59	$1,477,902
Oct 2005	978	154,225	58.34	13.80	$2,184,708
Sep 2005	764	127,153	61.45	12.08	$1,582,829
Aug 2005	883	150,418	61.51	9.80	$1,527,934
Jul 2005	900	144,570	55.69	7.84	$1,184,076
Jun 2005	926	144,184	52.33	7.38	$1,112,685
May 2005	1,269	156,067	45.22	6.65	$1,095,411
Apr 2005	1,127	155,716	49.20	7.36	$1,201,593
Mar 2005	1,085	167,636	50.37	7.15	$1,254,067
Feb 2005	1,096	147,461	45.22	6.31	$980,323
Jan 2005	1,393	167,659	43.16	6.32	$1,120,096
Dec 2004	1,260	174,526	39.86	6.75	$1,228,463
Nov 2004	1,408	175,014	45.28	6.33	$1,171,666
Oct 2004	947	184,923	49.70	6.52	$1,251,858
Sep 2004	1,329	188,129	43.24	5.28	$1,051,521
Aug 2004	1,644	216,002	42.37	5.55	$1,268,610
Jul 2004	1,666	208,853	38.28	6.08	$1,334,474
Jun 2004	1,688	206,976	36.10	6.43	$1,392,418
May 2004	1,935	217,758	37.48	6.49	$1,486,771
Apr 2004	1,737	207,429	34.47	5.86	$1,275,089
Mar 2004	1,912	224,185	34.36	5.53	$1,305,471
Feb 2004	1,779	217,768	32.45	5.51	$1,257,547
Jan 2004	2,372	241,064	32.03	6.30	$1,594,592
Dec 2003	1,545	256,458	30.26	6.30	$1,662,858
Nov 2003	2,147	247,361	28.80	4.60	$1,198,497
Oct 2003	2,224	252,036	28.17	4.76	$1,262,251
Sep 2003	2,472	257,446	26.31	4.75	$1,287,742
Aug 2003	2,591	280,454	29.76	5.13	$1,515,759
Jul 2003	3,080	304,394	29.41	5.17	$1,664,555
Jun 2003	3,026	318,714	28.56	5.98	$1,993,276
May 2003	3,691	386,935	26.59	5.97	$2,409,183
Apr 2003	2,908	278,150	26.67	5.41	$1,581,591
Mar 2003	2,714	250,910	31.14	6.10	$1,614,071
Feb 2003	821	92,270	33.48	7.93	$758,808

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.

Feb 2015 — as filed, then multipliedworked

Condensate             0 bbl  × $ 44.66 =         $0
Gas                  153 Mcf  × $  2.98 =       $455

────────────────────────────────────────────────────
Month total                                     $455

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/194319 is the state's own key, not one this site invented.