TRUSTY OIL UNIT

Operated by FOUNDATION ENERGY MANAGEMENT LLC (P-5 280875) in the VILLAGE MILLS, EAST (T-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23920District 03Field 93832180OilCasinghead gasSaveExport
Value, all time
$431 k
Nov 2000 – Feb 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
244
no gaps in the span
Streams
2
oil, casinghead 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 13 leases and 20 wells, and the rule below applies to all of them.

Discovered
1949-06-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1949-10-03.

The Commission's schedule remark for this field reads: INTO VARIOUS RESERVOIRS.

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
OilDisposition8,152 bbl$259,575
Casinghead gasProduction35,633 Mcf$171,795
Total$431,370

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 30.5027, -94.3788. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.50269, -94.37885 · 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
6,615 ft
1 wells filed one
Completion to plug
10.0 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 6,615 ft.

Completions filed
Aug 2010
1 of 1 wells
Plug dates filed
Aug 2020
1 of 1 wells

Last completion to plug: a median of 10.0 years across the 1 well that filed both dates, with the middle half between 10.0 years and 10.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1990007636,615 ftAug 2010Aug 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 (244)

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

244 months

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 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 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 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20106072.633.98$436
Aug 20101415673.684.42$1,721
Jul 20103072.554.74$218
Jun 201020070.364.91$1,407
May 2010143571.124.24$1,144
Apr 201034081.694.12$410
Mar 2010346378.394.39$2,942
Feb 20102056673.585.44$4,552
Jan 20102365974.365.96$5,641
Dec 20094862771.445.48$6,867
Nov 2009060374.593.75$2,262
Oct 20092459372.544.11$4,178
Sep 20095017765.543.06$3,819
Aug 20092748067.423.22$3,365
Jul 20094527461.133.46$3,700
Jun 20094483366.163.90$6,156
May 20096178754.743.93$6,429
Apr 2009601,64146.773.59$8,693
Mar 20091741,32742.144.06$12,719
Feb 2009051732.814.63$2,395
Jan 2009531,03935.865.37$7,481
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20084090.388.21$362
Dec 20076988.337.30$596
Nov 20071091.677.29$92
Oct 200710082.856.92$829
Sep 200704975.846.24$306
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 200547049.207.36$2,312
Mar 20051671750.377.15$8,533
Feb 20051757645.226.31$8,393
Jan 200561843.166.32$2,683
Dec 2004122139.866.75$4,870
Nov 20041215545.286.33$5,827
Oct 20041201349.706.52$6,049
Sep 20041755143.245.28$7,836
Aug 20041574542.375.55$6,902
Jul 20041046638.286.08$4,383
Jun 20041496536.106.43$5,797
May 2004034537.486.49$2,241
Apr 200410757134.475.86$7,033
Mar 200411420634.365.53$5,056
Feb 20045517332.455.51$2,738
Jan 200457032.036.30$1,826
Dec 2003036830.266.30$2,319
Nov 200317439428.804.60$6,822
Oct 200311970228.174.76$6,694
Sep 200310758526.314.75$5,594
Aug 200311670429.765.13$7,063
Jul 20031911,10029.415.17$11,305
Jun 200313687428.565.98$9,113
May 200313257926.595.97$6,968
Apr 200318026126.675.41$6,212
Mar 20031701331.146.10$5,373
Feb 20031701433.487.93$5,803
Jan 2003581630.315.58$1,847
Dec 20021132726.914.85$3,172
Nov 20021709524.664.14$4,585
Oct 200211612826.464.23$3,611
Sep 200216913527.443.64$5,128
Aug 2002111425.963.16$2,894
Jul 20021551,05424.583.06$7,037
Jun 2002154023.733.34$3,654
May 200216682624.663.58$7,054
Apr 200215082523.653.51$6,445
Mar 200214314722.003.10$3,602
Feb 20029340918.222.38$2,666
Jan 200214870317.172.38$4,211
Dec 20011991,03916.932.36$5,826
Nov 20011631918.072.41$2,991
Oct 200122695019.782.53$6,873
Sep 200110953824.262.25$3,856
Aug 200124885024.873.05$8,763
Jul 200116565323.933.20$6,036
Jun 200116325824.563.82$4,990
May 200122685925.524.31$9,468
Apr 200115174324.685.34$7,691
Mar 20011581,36224.545.38$11,200
Feb 20011272,38427.755.77$17,273
Jan 20011592,77727.478.40$27,691
Dec 200026677526.889.12$14,220
Nov 20007629632.215.66$4,123

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.

Sep 2010 — as filed, then multipliedworked
Oil                    6 bbl  × $ 72.63 =       $436
Casinghead gas         0 Mcf  × $  3.98 =         $0

────────────────────────────────────────────────────
Month total                                     $436

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/23920 is the state's own key, not one this site invented.