FAILLA

Operated by C & E OPERATING, INC. (P-5 120079) in the FONDREN RANCH (YEGUA 4350) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 269450District 03Field 31839650GasSaveExport
Value, all time
$1.5 M
Nov 2012 – Jul 2017
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
57
no gaps in the span
Streams
1
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1996-01-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
GasProduction427,231 Mcf$1,467,140
Total$1,467,140

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 29.5756, -96.6693. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.57562, -96.66926 · 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
4,961 ft
1 wells filed one
Completion to plug
4.7 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 4,961 ft.

Completions filed
Nov 2012
1 of 1 wells
Plug dates filed
Jul 2017
1 of 1 wells

Last completion to plug: a median of 4.7 years across the 1 well that filed both dates, with the middle half between 4.7 years and 4.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0893265414,961 ftNov 2012Jul 2017Yes

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 (57)

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

57 months

Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 20162,86441.442.92$8,375
Jul 20166,23041.622.92$18,219
Jun 20167,10845.352.69$19,091
May 20168,35242.521.99$16,629
Apr 20169,12936.561.99$18,176
Mar 201610,24833.011.79$18,385
Feb 201610,51126.472.06$21,691
Jan 201612,30427.352.36$29,091
Dec 201512,19332.362.00$24,403
Nov 201510,86538.792.17$23,548
Oct 201511,93243.552.43$28,954
Sep 20157,76742.992.76$21,425
Aug 201511,91040.162.87$34,211
Jul 201511,68148.152.95$34,401
Jun 201511,28056.152.88$32,519
May 201511,83555.212.96$34,978
Apr 201511,07949.822.71$29,986
Mar 201510,33142.892.93$30,318
Feb 20159,04044.662.98$26,905
Jan 20157,44743.433.10$23,090
Dec 201410,95054.693.59$39,325
Nov 201410,79070.464.25$45,877
Oct 201411,59878.303.90$45,243
Sep 201411,20286.164.05$45,317
Aug 201411,24689.394.04$45,379
Jul 201411,30696.564.18$47,255
Jun 201411,32598.164.74$53,645
May 201411,68394.734.73$55,220
Apr 201410,84095.944.81$52,131
Mar 201410,23795.895.06$51,766
Feb 20148,43097.406.19$52,199
Jan 20147,97190.404.86$38,745
Dec 20138,66091.824.35$37,710
Nov 20139,00488.853.74$33,659
Oct 20139,33797.423.78$35,288
Sep 20138,948104.113.72$33,266
Aug 20139,245104.253.52$32,567
Jul 20139,132102.523.72$33,950
Jun 20138,52394.403.93$33,524
May 20139,03994.834.15$37,504
Apr 20135,60693.964.28$24,008
Mar 20135,96393.623.91$23,332
Feb 20136,01391.233.42$20,564
Jan 20136,56791.603.42$22,459
Dec 20128,12186.773.42$27,775
Nov 20121,38986.953.62$5,035

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.

Aug 2016 — as filed, then multipliedworked
Gas                2,864 Mcf  × $  2.92 =     $8,375

────────────────────────────────────────────────────
Month total                                   $8,375

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/269450 is the state's own key, not one this site invented.