FITE FEE

Name: FITE FEE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CHANNA OPERATING, LLC (P-5 144401) in the SANDY POINT, WEST (6500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10842District 03Field 80706700OilCasinghead gasSave Export

Value, all time

$776 k

Jan 1993 – Oct 2018

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

310

no gaps in the span

Streams

oil, casinghead gas

The SANDY POINT, WEST (6500) 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 3 leases and 4 wells, and the rule below applies to all of them.

Discovered

1975-03-21

as the register files it

Field class

Oil

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.

Stream	Basis	Volume	Value
Oil	Disposition	28,269 bbl	$774,771
Casinghead gas	Production	194 Mcf	$747
Total			$775,518

48 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

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 29.3887, -95.4507. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

29.38866, -95.45074 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

6,816 ft

2 wells filed one

Completion to plug

34.7 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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

Between 6,612 and 7,020 ft, median 6,816 ft, over the 2 wells that filed a depth.

Completions filed

Mar 1979 – Jul 1984

2 of 2 wells

Plug dates filed

May 2014 – Aug 2018

2 of 2 wells

Last completion to plug: a median of 34.7 years across the 2 wells that filed both dates, with the middle half between 34.3 years and 34.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-03930656	2	7,020 ft	Jul 1984	Aug 2018	Yes
42-03930501	1 L	6,612 ft	Mar 1979	May 2014	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 (310)

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

310 months


Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	27	0	59.40	3.07	$1,604
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	144	0	46.19	3.09	$6,651
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
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	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	154	0	54.69	3.59	$8,422
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	145	0	78.30	3.90	$11,354
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	148	0	96.56	4.18	$14,291
Jun 2014	0	0	98.16	4.74	$0
May 2014	149	0	94.73	4.73	$14,115
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	165	0	95.89	5.06	$15,822
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	142	0	88.85	3.74	$12,617
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	141	0	104.11	3.72	$14,680
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	149	0	102.52	3.72	$15,275
Jun 2013	0	0	94.40	3.93	$0
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	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	72	0	89.38	3.40	$6,435
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	1	72.54	4.11	$4
Sep 2009	0	1	65.54	3.06	$3
Aug 2009	0	1	67.42	3.22	$3
Jul 2009	0	1	61.13	3.46	$3
Jun 2009	0	1	66.16	3.90	$4
May 2009	0	1	54.74	3.93	$4
Apr 2009	0	1	46.77	3.59	$4
Mar 2009	0	1	42.14	4.06	$4
Feb 2009	0	1	32.81	4.63	$5
Jan 2009	0	1	35.86	5.37	$5
Dec 2008	0	1	37.10	5.98	$6
Nov 2008	0	1	55.49	6.86	$7
Oct 2008	0	1	75.24	6.92	$7
Sep 2008	0	1	101.76	7.88	$8
Aug 2008	0	1	114.22	8.48	$8
Jul 2008	0	1	131.08	11.39	$11
Jun 2008	0	1	131.33	13.03	$13
May 2008	0	1	123.17	11.57	$12
Apr 2008	104	1	110.31	10.45	$11,483
Mar 2008	0	1	101.90	9.66	$10
Feb 2008	0	1	92.53	8.77	$9
Jan 2008	172	1	90.38	8.21	$15,554
Dec 2007	0	1	88.33	7.30	$7
Nov 2007	116	1	91.67	7.29	$10,641
Oct 2007	0	1	82.85	6.92	$7
Sep 2007	0	1	75.84	6.24	$6
Aug 2007	82	1	69.06	6.39	$5,669
Jul 2007	92	1	70.90	6.39	$6,529
Jun 2007	0	1	62.00	7.55	$8
May 2007	121	1	58.74	7.85	$7,115
Apr 2007	0	1	59.61	7.81	$8
Mar 2007	0	1	56.92	7.30	$7
Feb 2007	139	1	55.10	8.22	$7,667
Jan 2007	0	1	50.30	6.73	$7
Dec 2006	146	0	56.65	6.92	$8,271
Nov 2006	0	1	54.20	7.62	$8
Oct 2006	128	0	54.90	6.01	$7,027
Sep 2006	2	1	60.08	5.04	$125
Aug 2006	119	1	68.71	7.34	$8,184
Jul 2006	90	1	69.37	6.34	$6,250
Jun 2006	157	1	66.28	6.38	$10,412
May 2006	3	1	66.01	6.42	$204
Apr 2006	89	1	64.39	7.36	$5,738
Mar 2006	100	1	56.70	7.08	$5,677
Feb 2006	106	1	57.59	7.75	$6,112
Jan 2006	168	1	60.59	8.93	$10,188
Dec 2005	0	1	54.94	13.42	$13
Nov 2005	107	1	54.69	10.59	$5,862
Oct 2005	156	1	58.34	13.80	$9,115
Sep 2005	0	1	61.45	12.08	$12
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	206	1	55.69	7.84	$11,480
Jun 2005	0	1	52.33	7.38	$7
May 2005	107	1	45.22	6.65	$4,845
Apr 2005	252	1	49.20	7.36	$12,406
Mar 2005	2	0	50.37	7.15	$101
Feb 2005	157	0	45.22	6.31	$7,100
Jan 2005	4	0	43.16	6.32	$173
Dec 2004	149	1	39.86	6.75	$5,946
Nov 2004	159	1	45.28	6.33	$7,206
Oct 2004	166	1	49.70	6.52	$8,257
Sep 2004	3	1	43.24	5.28	$135
Aug 2004	167	1	42.37	5.55	$7,081
Jul 2004	184	1	38.28	6.08	$7,050
Jun 2004	6	1	36.10	6.43	$223
May 2004	176	1	37.48	6.49	$6,603
Apr 2004	177	1	34.47	5.86	$6,107
Mar 2004	0	1	34.36	5.53	$6
Feb 2004	160	1	32.45	5.51	$5,198
Jan 2004	0	1	32.03	6.30	$6
Dec 2003	0	1	30.26	6.30	$6
Nov 2003	157	1	28.80	4.60	$4,526
Oct 2003	173	1	28.17	4.76	$4,878
Sep 2003	0	1	26.31	4.75	$5
Aug 2003	155	1	29.76	5.13	$4,618
Jul 2003	134	1	29.41	5.17	$3,946
Jun 2003	172	1	28.56	5.98	$4,918
May 2003	184	1	26.59	5.97	$4,899
Apr 2003	175	1	26.67	5.41	$4,673
Mar 2003	0	1	31.14	6.10	$6
Feb 2003	158	1	33.48	7.93	$5,298
Jan 2003	178	1	30.31	5.58	$5,401
Dec 2002	0	1	26.91	4.85	$5
Nov 2002	169	1	24.66	4.14	$4,172
Oct 2002	28	1	26.46	4.23	$745
Sep 2002	148	1	27.44	3.64	$4,065
Aug 2002	0	1	25.96	3.16	$3
Jul 2002	161	1	24.58	3.06	$3,960
Jun 2002	162	1	23.73	3.34	$3,848
May 2002	206	1	24.66	3.58	$5,084
Apr 2002	0	1	23.65	3.51	$4
Mar 2002	197	1	22.00	3.10	$4,337
Feb 2002	24	1	18.22	2.38	$440
Jan 2002	13	1	17.17	2.38	$226
Dec 2001	0	1	16.93	2.36	$2
Nov 2001	0	1	18.07	2.41	$2
Oct 2001	0	1	19.78	2.53	$3
Sep 2001	0	1	24.26	2.25	$2
Aug 2001	0	1	24.87	3.05	$3
Jul 2001	0	1	23.93	3.20	$3
Jun 2001	0	1	24.56	3.82	$4
May 2001	1	1	25.52	4.31	$30
Apr 2001	0	1	24.68	5.34	$5
Mar 2001	5	1	24.54	5.38	$128
Feb 2001	5	1	27.75	5.77	$145
Jan 2001	0	1	27.47	8.40	$8
Dec 2000	0	1	26.88	9.12	$9
Nov 2000	7	1	32.21	5.66	$231
Oct 2000	0	1	31.23	5.15	$5
Sep 2000	1	1	31.87	5.19	$37
Aug 2000	121	1	29.64	4.54	$3,591
Jul 2000	179	1	28.53	4.09	$5,111
Jun 2000	176	1	29.30	4.40	$5,161
May 2000	180	1	27.26	3.68	$4,910
Apr 2000	180	1	24.51	3.12	$4,415
Mar 2000	177	1	28.42	2.86	$5,033
Feb 2000	182	1	27.62	2.73	$5,030
Jan 2000	176	1	25.27	2.48	$4,450
Dec 1999	174	1	24.28	2.42	$4,227
Nov 1999	327	1	23.19	2.43	$7,586
Oct 1999	170	0	20.98	2.80	$3,567
Sep 1999	178	1	21.75	2.62	$3,874
Aug 1999	134	1	19.26	2.88	$2,584
Jul 1999	181	1	17.89	2.37	$3,240
Jun 1999	177	1	15.94	2.36	$2,824
May 1999	176	1	15.79	2.32	$2,781
Apr 1999	174	1	15.10	2.21	$2,630
Mar 1999	173	1	12.47	1.84	$2,159
Feb 1999	172	1	9.98	1.82	$1,718
Jan 1999	328	1	10.38	1.90	$3,407
Dec 1998	141	0	9.20	1.77	$1,297
Nov 1998	117	1	10.89	2.19	$1,276
Oct 1998	185	1	12.42	1.97	$2,300
Sep 1998	315	1	12.59	2.08	$3,968
Aug 1998	176	1	11.30	1.91	$1,991
Jul 1998	321	1	11.74	2.24	$3,771
Jun 1998	182	1	11.24	2.24	$2,048
May 1998	185	1	12.62	2.21	$2,337
Apr 1998	179	1	13.04	2.51	$2,337
Mar 1998	177	1	12.80	2.31	$2,268
Feb 1998	239	1	13.95	2.30	$3,336
Jan 1998	185	1	14.70	2.15	$2,722
Dec 1997	182	1	16.32	2.41	$2,973
Nov 1997	356	1	18.19	3.09	$6,479
Oct 1997	169	1	19.25	3.15	$3,256
Sep 1997	179	1	17.74	2.95	$3,178
Aug 1997	347	1	17.86	2.55	$6,200
Jul 1997	162	1	17.58	2.25	$2,850
Jun 1997	165	1	17.24	2.26	$2,847
May 1997	340	1	18.97	2.31	$6,452
Apr 1997	175	1	17.88	2.08	$3,131
Mar 1997	342	1	18.95	1.94	$6,483
Feb 1997	0	1	20.49	2.21	$2
Jan 1997	328	1	23.48	3.54	$7,705
Dec 1996	238	1	23.32	—	$5,550
Nov 1996	169	1	21.97	—	$3,713
Oct 1996	179	1	23.31	—	$4,172
Sep 1996	176	1	22.22	—	$3,911
Aug 1996	350	1	20.26	—	$7,091
Jul 1996	0	1	19.55	—	$0
Jun 1996	386	1	18.73	—	$7,230
May 1996	176	1	19.43	—	$3,420
Apr 1996	174	1	21.51	—	$3,743
Mar 1996	176	1	19.38	—	$3,411
Feb 1996	177	1	16.98	—	$3,005
Jan 1996	186	1	17.07	—	$3,175
Dec 1995	167	1	17.19	—	$2,871
Nov 1995	173	1	16.00	—	$2,768
Oct 1995	169	1	15.43	—	$2,608
Sep 1995	165	1	16.18	—	$2,670
Aug 1995	192	1	15.92	—	$3,057
Jul 1995	180	1	15.24	—	$2,743
Jun 1995	293	1	16.41	—	$4,808
May 1995	173	1	17.56	—	$3,038
Apr 1995	181	1	17.73	—	$3,209
Mar 1995	181	1	16.44	—	$2,976
Feb 1995	334	1	16.58	—	$5,538
Jan 1995	173	1	15.92	—	$2,754
Dec 1994	175	1	15.03	—	$2,630
Nov 1994	350	1	15.90	—	$5,565
Oct 1994	184	1	15.58	—	$2,867
Sep 1994	334	1	15.29	—	$5,107
Aug 1994	185	1	16.13	—	$2,984
Jul 1994	181	1	17.56	—	$3,178
Jun 1994	314	1	17.09	—	$5,366
May 1994	325	1	15.88	—	$5,161
Apr 1994	163	1	14.14	—	$2,305
Mar 1994	319	1	12.46	—	$3,975
Feb 1994	328	1	12.50	—	$4,100
Jan 1994	188	1	12.66	—	$2,380
Dec 1993	308	1	12.33	—	$3,798
Nov 1993	153	1	14.49	—	$2,217
Oct 1993	307	1	15.85	—	$4,866
Sep 1993	170	1	15.03	—	$2,555
Aug 1993	336	1	15.66	—	$5,262
Jul 1993	168	1	15.46	—	$2,597
Jun 1993	345	1	16.79	—	$5,793
May 1993	338	1	17.68	—	$5,976
Apr 1993	158	1	18.05	—	$2,852
Mar 1993	326	1	18.14	—	$5,914
Feb 1993	322	1	17.90	—	$5,764
Jan 1993	321	1	16.93	—	$5,435

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 2018 — as filed, then multipliedworked

Oil                   27 bbl  × $ 59.40 =     $1,604
Casinghead gas         0 Mcf  × $  3.07 =         $0

────────────────────────────────────────────────────
Month total                                   $1,604

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/O/10842 is the state's own key, not one this site invented.