ARCO ET AL

Operated by FOUNDATION ENERGY MANAGEMENT LLC (P-5 280875) in the SOUR LAKE field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198364District 03Field 84693001Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$262 k
Sep 2003 – Aug 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
216
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 257 leases and 1,323 wells, and the rule below applies to all of them.

Discovered
1902-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
0 ft
minimum

A drilling unit in this field needs at least 0 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PER ORDER 3-20072 EFF 1-22-51, AMENDED RULE 2

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
CondensateDisposition110 bbl$8,359
GasProduction35,002 Mcf$253,733
Total$262,091

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 30.1443, -94.3969. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.14431, -94.39689 · 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
6,300 ft
1 wells filed one
Completion to plug
16.9 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 6,300 ft.

Completions filed
Sep 2003
1 of 1 wells
Plug dates filed
Aug 2020
1 of 1 wells

Last completion to plug: a median of 16.9 years across the 1 well that filed both dates, with the middle half between 16.9 years and 16.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1993251026,300 ftSep 2003Aug 2020Yes

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 (216)

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

216 months

Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
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 201416095.944.81$1,535
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 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 2011013696.873.24$441
Nov 2011021095.723.31$695
Oct 2011013184.983.65$478
Sep 2011015283.623.99$606
Aug 2011013383.404.15$552
Jul 2011019294.144.52$867
Jun 2011012592.904.64$580
May 2011019198.134.40$841
Apr 20110168105.964.33$728
Mar 2011024296.364.06$982
Feb 201101485.644.18$59
Jan 201101186.504.59$50
Dec 2010039785.734.35$1,726
Nov 2010046880.843.80$1,776
Oct 2010029078.103.51$1,018
Sep 2010031372.633.98$1,246
Aug 20105430473.684.42$5,322
Jul 2010039672.554.74$1,876
Jun 2010025570.364.91$1,252
May 2010402671.124.24$2,955
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010016974.365.96$1,008
Dec 200908171.445.48$444
Nov 2009010974.593.75$409
Oct 2009018272.544.11$748
Sep 2009022165.543.06$677
Aug 2009016767.423.22$537
Jul 2009025261.133.46$873
Jun 2009026566.163.90$1,032
May 2009022854.743.93$895
Apr 2009019246.773.59$689
Mar 2009021942.144.06$889
Feb 2009020832.814.63$964
Jan 2009022535.865.37$1,208
Dec 2008024937.105.98$1,488
Nov 2008029555.496.86$2,024
Oct 2008033275.246.92$2,298
Sep 20080160101.767.88$1,260
Aug 20080246114.228.48$2,087
Jul 20080355131.0811.39$4,043
Jun 20080695131.3313.03$9,058
May 20080759123.1711.57$8,785
Apr 20080762110.3110.45$7,967
Mar 20080748101.909.66$7,229
Feb 2008067592.538.77$5,920
Jan 2008085790.388.21$7,032
Dec 2007068888.337.30$5,024
Nov 2007076691.677.29$5,585
Oct 2007082382.856.92$5,697
Sep 2007093175.846.24$5,813
Aug 2007082969.066.39$5,296
Jul 200703370.906.39$211
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 2007034556.927.30$2,519
Feb 2007054755.108.22$4,494
Jan 2007053450.306.73$3,592
Dec 2006068256.656.92$4,718
Nov 2006076954.207.62$5,858
Oct 2006059954.906.01$3,602
Sep 2006080960.085.04$4,075
Aug 2006079268.717.34$5,813
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 200601,00964.397.36$7,427
Mar 2006073456.707.08$5,199
Feb 2006058157.597.75$4,503
Jan 2006072360.598.93$6,459
Dec 2005072054.9413.42$9,659
Nov 2005051854.6910.59$5,485
Oct 2005054358.3413.80$7,491
Sep 2005053661.4512.08$6,474
Aug 2005066961.519.80$6,554
Jul 2005058455.697.84$4,581
Jun 2005065952.337.38$4,864
May 2005072345.226.65$4,809
Apr 2005025049.207.36$1,840
Mar 2005011350.377.15$809
Feb 2005032045.226.31$2,020
Jan 2005047543.166.32$3,003
Dec 2004050339.866.75$3,396
Nov 2004064545.286.33$4,083
Oct 2004085049.706.52$5,538
Sep 2004078343.245.28$4,137
Aug 2004084742.375.55$4,701
Jul 2004026538.286.08$1,612
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0

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.

Apr 2014 — as filed, then multipliedworked
Condensate            16 bbl  × $ 95.94 =     $1,535
Gas                    0 Mcf  × $  4.81 =         $0

────────────────────────────────────────────────────
Month total                                   $1,535

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/198364 is the state's own key, not one this site invented.