FLAG-REDFERN

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

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.

Oil lease lease 20237District 03Field 84693001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$1.5 M

Jan 1993 – Apr 2019

Value, last 12 filed months

at the published price for each month

Months reported

316

no gaps in the span

Streams

oil, casinghead gas

The SOUR LAKE 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 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”

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
NGPA	1	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
Oil	Disposition	78,408 bbl	$1,296,510
Casinghead gas	Production	70,410 Mcf	$218,033
Total			$1,514,543

23,375 Mcf of this lease's gas, across 44 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 30.1357, -94.3965. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

30.13574, -94.39653 · 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

5,497 ft

2 wells filed one

Completion to plug

22.6 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 5,494 and 5,500 ft, median 5,497 ft, over the 2 wells that filed a depth.

Completions filed

Apr 1991 – Jul 2001

2 of 2 wells

Plug dates filed

Dec 2018

2 of 2 wells

Last completion to plug: a median of 22.6 years across the 2 wells that filed both dates, with the middle half between 20.0 years and 25.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-19932489	2	5,494 ft	Jul 2001	Dec 2018	Yes
42-19932487	1	5,500 ft	Apr 1991	Dec 2018	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 (316)

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

316 months


Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
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	0	0	46.19	3.09	$0
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	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
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	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	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	0	0	89.38	3.40	$0
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	88	0	73.58	5.44	$6,475
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	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
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	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	1	0	30.26	6.30	$30
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	31	29.41	5.17	$160
Jun 2003	330	0	28.56	5.98	$9,425
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	30	24.66	4.14	$124
Oct 2002	0	62	26.46	4.23	$262
Sep 2002	0	60	27.44	3.64	$218
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	240	23.73	3.34	$801
May 2002	0	434	24.66	3.58	$1,555
Apr 2002	0	480	23.65	3.51	$1,686
Mar 2002	0	14	22.00	3.10	$43
Feb 2002	1	392	18.22	2.38	$949
Jan 2002	0	434	17.17	2.38	$1,031
Dec 2001	0	496	16.93	2.36	$1,173
Nov 2001	0	480	18.07	2.41	$1,155
Oct 2001	0	558	19.78	2.53	$1,411
Sep 2001	0	480	24.26	2.25	$1,081
Aug 2001	0	310	24.87	3.05	$946
Jul 2001	0	1,054	23.93	3.20	$3,370
Jun 2001	0	630	24.56	3.82	$2,409
May 2001	0	0	25.52	4.31	$0
Apr 2001	298	3,687	24.68	5.34	$27,026
Mar 2001	0	3,566	24.54	5.38	$19,172
Feb 2001	0	2,981	27.75	5.77	$17,192
Jan 2001	0	2,885	27.47	8.40	$24,230
Dec 2000	0	3,259	26.88	9.12	$29,730
Nov 2000	357	2,086	32.21	5.66	$23,302
Oct 2000	0	2,655	31.23	5.15	$13,661
Sep 2000	0	3,818	31.87	5.19	$19,802
Aug 2000	0	1,175	29.64	4.54	$5,335
Jul 2000	0	436	28.53	4.09	$1,783
Jun 2000	0	917	29.30	4.40	$4,032
May 2000	0	394	27.26	3.68	$1,450
Apr 2000	0	555	24.51	3.12	$1,729
Mar 2000	346	618	28.42	2.86	$11,601
Feb 2000	0	571	27.62	2.73	$1,557
Jan 2000	0	567	25.27	2.48	$1,406
Dec 1999	0	579	24.28	2.42	$1,403
Nov 1999	372	488	23.19	2.43	$9,814
Oct 1999	0	568	20.98	2.80	$1,593
Sep 1999	0	442	21.75	2.62	$1,158
Aug 1999	0	485	19.26	2.88	$1,395
Jul 1999	0	463	17.89	2.37	$1,098
Jun 1999	349	435	15.94	2.36	$6,591
May 1999	0	444	15.79	2.32	$1,031
Apr 1999	0	213	15.10	2.21	$470
Mar 1999	0	218	12.47	1.84	$401
Feb 1999	0	134	9.98	1.82	$244
Jan 1999	296	170	10.38	1.90	$3,395
Dec 1998	0	195	9.20	1.77	$346
Nov 1998	0	199	10.89	2.19	$435
Oct 1998	365	189	12.42	1.97	$4,905
Sep 1998	0	287	12.59	2.08	$598
Aug 1998	0	509	11.30	1.91	$971
Jul 1998	0	265	11.74	2.24	$593
Jun 1998	361	422	11.24	2.24	$5,002
May 1998	0	461	12.62	2.21	$1,017
Apr 1998	362	414	13.04	2.51	$5,758
Mar 1998	0	293	12.80	2.31	$677
Feb 1998	372	434	13.95	2.30	$6,187
Jan 1998	0	260	14.70	2.15	$560
Dec 1997	0	391	16.32	2.41	$943
Nov 1997	0	201	18.19	3.09	$621
Oct 1997	340	161	19.25	3.15	$7,052
Sep 1997	0	110	17.74	2.95	$325
Aug 1997	0	61	17.86	2.55	$156
Jul 1997	360	100	17.58	2.25	$6,553
Jun 1997	0	127	17.24	2.26	$287
May 1997	353	220	18.97	2.31	$7,204
Apr 1997	1	256	17.88	2.08	$551
Mar 1997	344	128	18.95	1.94	$6,767
Feb 1997	2	108	20.49	2.21	$279
Jan 1997	322	250	23.48	3.54	$8,445
Dec 1996	345	185	23.32	—	$8,045
Nov 1996	0	146	21.97	—	$0
Oct 1996	363	0	23.31	—	$8,462
Sep 1996	0	97	22.22	—	$0
Aug 1996	342	0	20.26	—	$6,929
Jul 1996	349	0	19.55	—	$6,823
Jun 1996	356	131	18.73	—	$6,668
May 1996	0	87	19.43	—	$0
Apr 1996	335	113	21.51	—	$7,206
Mar 1996	293	366	19.38	—	$5,678
Feb 1996	361	383	16.98	—	$6,130
Jan 1996	370	463	17.07	—	$6,316
Dec 1995	738	508	17.19	—	$12,686
Nov 1995	368	744	16.00	—	$5,888
Oct 1995	377	282	15.43	—	$5,817
Sep 1995	344	371	16.18	—	$5,566
Aug 1995	663	245	15.92	—	$10,555
Jul 1995	698	259	15.24	—	$10,638
Jun 1995	687	84	16.41	—	$11,274
May 1995	366	179	17.56	—	$6,427
Apr 1995	704	162	17.73	—	$12,482
Mar 1995	765	0	16.44	—	$12,577
Feb 1995	747	447	16.58	—	$12,385
Jan 1995	383	229	15.92	—	$6,097
Dec 1994	1,073	496	15.03	—	$16,127
Nov 1994	1,007	534	15.90	—	$16,011
Oct 1994	1,040	487	15.58	—	$16,203
Sep 1994	1,385	468	15.29	—	$21,177
Aug 1994	1,104	318	16.13	—	$17,808
Jul 1994	1,449	520	17.56	—	$25,444
Jun 1994	1,672	590	17.09	—	$28,574
May 1994	1,785	755	15.88	—	$28,346
Apr 1994	1,676	790	14.14	—	$23,699
Mar 1994	2,025	835	12.46	—	$25,232
Feb 1994	1,970	1,183	12.50	—	$24,625
Jan 1994	2,619	1,284	12.66	—	$33,157
Dec 1993	2,102	1,266	12.33	—	$25,918
Nov 1993	2,538	1,096	14.49	—	$36,776
Oct 1993	2,084	993	15.85	—	$33,031
Sep 1993	2,847	783	15.03	—	$42,790
Aug 1993	3,454	553	15.66	—	$54,090
Jul 1993	3,241	482	15.46	—	$50,106
Jun 1993	3,835	400	16.79	—	$64,390
May 1993	4,360	206	17.68	—	$77,085
Apr 1993	4,766	2,139	18.05	—	$86,026
Mar 1993	4,637	481	18.14	—	$84,115
Feb 1993	5,086	602	17.90	—	$91,039
Jan 1993	5,079	633	16.93	—	$85,987

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 2010 — as filed, then multipliedworked

Oil                   88 bbl  × $ 73.58 =     $6,475
Casinghead gas         0 Mcf  × $  5.44 =         $0

────────────────────────────────────────────────────
Month total                                   $6,475

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/20237 is the state's own key, not one this site invented.