FUCHS

Operated by SOUTHWEST RESOURCES, INC. (P-5 806471) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198258District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Sep 2003 – Aug 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
156
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112004-06-08157168
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition15,079 bbl$645,746
GasProduction335,025 Mcf$2,083,220
Total$2,728,966

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 30.1017, -96.6613. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.10175, -96.66130 · 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
13,500 ft
1 wells filed one
Completion to plug
12.9 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 13,500 ft.

Completions filed
Sep 2003
1 of 1 wells
Plug dates filed
Aug 2016
1 of 1 wells

Last completion to plug: a median of 12.9 years across the 1 well that filed both dates, with the middle half between 12.9 years and 12.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-14933126113,500 ftSep 2003Aug 2016Yes

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 (156)

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

156 months

Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
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 2013134294.834.15$12,716
Apr 201307493.964.28$317
Mar 2013012993.623.91$505
Feb 2013011991.233.42$407
Jan 2013019891.603.42$677
Dec 2012020086.773.42$684
Nov 2012021286.953.62$768
Oct 2012012389.383.40$418
Sep 2012020994.672.92$610
Aug 2012010492.662.91$302
Jul 2012012785.133.02$384
Jun 2012015479.822.52$388
May 2012025891.612.49$642
Apr 20120320101.652.00$639
Mar 2012134366105.052.22$14,890
Feb 20120255101.102.57$655
Jan 2012026198.092.73$714
Dec 2011026496.873.24$855
Nov 2011032095.723.31$1,060
Oct 2011043484.983.65$1,583
Sep 2011050783.623.99$2,021
Aug 2011040383.404.15$1,672
Jul 2011031894.144.52$1,436
Jun 2011025292.904.64$1,169
May 2011026398.134.40$1,158
Apr 2011120270105.964.33$13,885
Mar 2011026996.364.06$1,091
Feb 2011025885.644.18$1,078
Jan 2011029786.504.59$1,363
Dec 2010031185.734.35$1,352
Nov 2010031980.843.80$1,211
Oct 2010033678.103.51$1,179
Sep 2010035472.633.98$1,409
Aug 2010040673.684.42$1,794
Jul 2010036572.554.74$1,729
Jun 2010041270.364.91$2,023
May 2010040571.124.24$1,715
Apr 2010040381.694.12$1,661
Mar 2010039378.394.39$1,725
Feb 201018740073.585.44$15,936
Jan 2010041774.365.96$2,487
Dec 2009059371.445.48$3,252
Nov 2009076874.593.75$2,881
Oct 2009056272.544.11$2,310
Sep 2009057865.543.06$1,771
Aug 2009055567.423.22$1,786
Jul 2009055961.133.46$1,937
Jun 2009054166.163.90$2,107
May 2009058754.743.93$2,304
Apr 2009052346.773.59$1,876
Mar 200919653042.144.06$10,411
Feb 2009051532.814.63$2,386
Jan 2009058635.865.37$3,147
Dec 2008059737.105.98$3,568
Nov 2008060355.496.86$4,137
Oct 2008067375.246.92$4,658
Sep 20080660101.767.88$5,199
Aug 20080722114.228.48$6,125
Jul 2008194743131.0811.39$33,892
Jun 20080759131.3313.03$9,892
May 20080817123.1711.57$9,456
Apr 20080854110.3110.45$8,928
Mar 200801,000101.909.66$9,664
Feb 2008086692.538.77$7,595
Jan 2008091990.388.21$7,541
Dec 2007097088.337.30$7,083
Nov 200719597191.677.29$24,956
Oct 200701,06882.856.92$7,393
Sep 200701,08775.846.24$6,787
Aug 200701,25669.066.39$8,023
Jul 200711,36970.906.39$8,816
Jun 200711,39262.007.55$10,569
May 20071991,51858.747.85$23,600
Apr 200721,60759.617.81$12,662
Mar 20072011,81856.927.30$24,716
Feb 200701,94755.108.22$15,997
Jan 200712,54750.306.73$17,184
Dec 20061943,68456.656.92$36,478
Nov 200641,20554.207.62$9,396
Oct 200611,80354.906.01$10,898
Sep 200621,94960.085.04$9,938
Aug 200612,19868.717.34$16,202
Jul 20061862,54869.376.34$29,064
Jun 200622,72066.286.38$17,497
May 20061963,07666.016.42$32,701
Apr 200623,15464.397.36$23,344
Mar 20062023,62556.707.08$37,129
Feb 20062033,17857.597.75$36,324
Jan 200632,34260.598.93$21,104
Dec 20052003,06854.9413.42$52,146
Nov 200513,03054.6910.59$32,138
Oct 20051843,32358.3413.80$56,578
Sep 20051983,45861.4512.08$53,936
Aug 20051984,44261.519.80$55,697
Jul 20051974,93055.697.84$49,640
Jun 20052004,41352.337.38$43,039
May 20053876,82645.226.65$62,901
Apr 20053728,26649.207.36$79,144
Mar 200561712,02650.377.15$117,123
Feb 20054401,87445.226.31$31,725
Jan 2005126043.166.32$1,687
Dec 20041783,33739.866.75$29,623
Nov 20041783,60545.286.33$30,881
Oct 20041633,97649.706.52$34,005
Sep 20041754,21743.245.28$29,849
Aug 20043884,26642.375.55$40,119
Jul 20041705,71238.286.08$41,260
Jun 20043376,33436.106.43$52,912
May 20043327,51537.486.49$61,250
Apr 20043558,45534.475.86$61,770
Mar 200454310,44034.365.53$76,392
Feb 200455111,90832.455.51$83,489
Jan 200473017,39332.036.30$132,952
Dec 200374618,93030.266.30$141,864
Nov 20031,08922,91628.804.60$136,666
Oct 20031,80545,06328.174.76$265,331
Sep 20031,78328,41326.314.75$181,854

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.

May 2013 — as filed, then multipliedworked
Condensate           134 bbl  × $ 94.83 =    $12,707
Gas                    2 Mcf  × $  4.15 =         $8

────────────────────────────────────────────────────
Month total                                  $12,716

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/198258 is the state's own key, not one this site invented.