FANNIN, M. G.

Operated by FORCE 5 ENERGY, LLC (P-5 275625) in the DAY (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24223District 03Field 23562900OilCasinghead gasSaveExport
Value, all time
$4.5 M
Jul 2002 – Jul 2009
Value, last 12 filed months
$427 k
at the published price for each month
Months reported
85
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 7 leases and 12 wells, and the rule below applies to all of them.

Discovered
1976-04-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: CONSOLIDATING TO DAY FIELD PER DOCKET #03-0259895 EFF 1/15/09

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
OilDisposition84,727 bbl$4,353,298
Casinghead gasProduction30,368 Mcf$196,603
Total$4,549,901

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 30.9351, -95.9554. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.93506, -95.95541 · 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
0.0%
0 of 1 wells
Median depth
8,813 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 8,813 ft.

Completions filed
Jul 2002
1 of 1 wells

1 well

42-3133008718,813 ftJul 2002Yes

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 (85)

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

85 months

Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20091,11265635.865.37$43,400
Dec 20081,41233937.105.98$54,411
Nov 200870424055.496.86$40,711
Oct 20081,04817175.246.92$80,035
Sep 20081,039149101.767.88$106,902
Aug 2008867338114.228.48$101,896
Jul 20088701,036131.0811.39$125,839
Jun 20081,182238131.3313.03$158,334
May 2008493337123.1711.57$64,623
Apr 200886452110.3110.45$95,851
Mar 200869532101.909.66$71,130
Feb 200870036992.538.77$68,007
Jan 200886045090.388.21$81,419
Dec 200768848288.337.30$64,291
Nov 200786837591.677.29$82,304
Oct 200786942282.856.92$74,918
Sep 200787741175.846.24$69,078
Aug 200786450669.066.39$62,900
Jul 20076897070.906.39$49,297
Jun 20071,34838062.007.55$86,444
May 200770153758.747.85$45,390
Apr 20071,02455559.617.81$65,373
Mar 200786646156.927.30$52,659
Feb 20071,08537655.108.22$62,873
Jan 20071,09353950.306.73$58,604
Dec 200673542456.656.92$44,571
Nov 20061,09238254.207.62$62,096
Oct 2006732054.906.01$40,187
Sep 2006904260.085.04$54,322
Aug 2006718068.717.34$49,334
Jul 2006712069.376.34$49,391
Jun 200690314666.286.38$60,783
May 20061,07719266.016.42$72,326
Apr 200690315664.397.36$59,292
Mar 20061,22411856.707.08$70,237
Feb 20068638957.597.75$50,390
Jan 20061,06324760.598.93$66,614
Dec 20051,80071454.9413.42$108,471
Nov 20051,14889554.6910.59$72,261
Oct 20051,263058.3413.80$73,683
Sep 20051,214061.4512.08$74,600
Aug 2005891061.519.80$54,805
Jul 20051,248055.697.84$69,501
Jun 20051,07110052.337.38$56,784
May 200589716745.226.65$41,673
Apr 200590432549.207.36$46,869
Mar 20051,07455350.377.15$58,054
Feb 20055398045.226.31$24,879
Jan 200553917443.166.32$24,363
Dec 200489815239.866.75$36,820
Nov 200490015645.286.33$41,740
Oct 200489520949.706.52$45,843
Sep 200489517443.245.28$39,619
Aug 200468713042.375.55$29,830
Jul 200471117638.286.08$28,288
Jun 20041,06953736.106.43$42,045
May 20041,24631237.486.49$48,726
Apr 20041,78020534.475.86$62,558
Mar 20041,43114134.365.53$49,949
Feb 20041,43012132.455.51$47,070
Jan 20041,60456132.036.30$54,910
Dec 20031,96732130.266.30$61,544
Nov 20031,60312028.804.60$46,718
Oct 200371914228.174.76$20,930
Sep 20031,43214226.314.75$38,350
Aug 20031,42232329.765.13$43,976
Jul 20031,47928629.415.17$44,976
Jun 20031,64323328.565.98$48,318
May 20031,31429426.595.97$36,695
Apr 20031,82850326.675.41$51,473
Mar 20031,86480531.146.10$62,952
Feb 20031,8451,02533.487.93$69,895
Jan 20031,82456830.315.58$58,456
Dec 20021,46867826.914.85$42,795
Nov 20021,59566024.664.14$42,063
Oct 20022,1082,64526.464.23$66,964
Sep 20023471,72227.443.64$15,781
Aug 20021821,77625.963.16$10,344
Jul 200220996624.583.06$8,095

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.

Jan 2009 — as filed, then multipliedworked
Oil                1,112 bbl  × $ 35.86 =    $39,876
Casinghead gas       656 Mcf  × $  5.37 =     $3,523

────────────────────────────────────────────────────
Month total                                  $43,400

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/24223 is the state's own key, not one this site invented.