FALCO, MARION

Operated by EVOLUTION OPERATING CO., INC. (P-5 256681) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25300District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$453 k
Jun 2008 – Oct 2014
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
77
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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

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
OilDisposition2,790 bbl$202,806
Casinghead gasProduction49,030 Mcf$250,567
Total$453,373

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 30.5366, -96.4835. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.53663, -96.48355 · 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
8,691 ft
1 wells filed one
Completion to plug
5.6 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 8,691 ft.

Completions filed
Jun 2008
1 of 1 wells
Plug dates filed
Jan 2014
1 of 1 wells

Last completion to plug: a median of 5.6 years across the 1 well that filed both dates, with the middle half between 5.6 years and 5.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-051332131RE8,691 ftJun 2008Jan 2014Yes

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 (77)

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

77 months

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 20143090.404.86$271
Dec 20135091.824.35$459
Nov 20135088.853.74$444
Oct 20135097.423.78$487
Sep 201350104.113.72$521
Aug 201350104.253.52$521
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 201315094.834.15$1,422
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 2012112485.133.02$460
Jun 201217846579.822.52$15,379
May 2012436791.612.49$1,280
Apr 20125273101.652.00$1,053
Mar 20124190105.052.22$842
Feb 20125178101.102.57$963
Jan 20121034098.092.73$1,910
Dec 2011521996.873.24$1,194
Nov 2011420795.723.31$1,068
Oct 2011536184.983.65$1,742
Sep 2011330583.623.99$1,467
Aug 201118230183.404.15$16,428
Jul 2011112494.144.52$654
Jun 2011211192.904.64$701
May 201135998.134.40$554
Apr 20114230105.964.33$1,420
Mar 2011675996.364.06$3,658
Feb 2011767585.644.18$3,421
Jan 20111282386.504.59$4,815
Dec 20101881,36585.734.35$22,052
Nov 201081,52380.843.80$6,427
Oct 201091,49978.103.51$5,963
Sep 2010344072.633.98$1,969
Aug 201018199573.684.42$17,733
Jul 201031,45772.554.74$7,119
Jun 201031,51870.364.91$7,665
May 20101821,56771.124.24$19,580
Apr 201061,53081.694.12$6,798
Mar 201091,45178.394.39$7,073
Feb 20101841,30573.585.44$20,641
Jan 201051,65474.365.96$10,236
Dec 2009766171.445.48$4,125
Nov 20091801,04574.593.75$17,347
Oct 20091761,55572.544.11$19,158
Sep 200981,34865.543.06$4,656
Aug 20091851,16167.423.22$16,209
Jul 200941,57661.133.46$5,705
Jun 20091931,92566.163.90$20,267
May 200971,71654.743.93$7,120
Apr 200941,51446.773.59$5,619
Mar 200919694042.144.06$12,075
Feb 2009096932.814.63$4,489
Jan 20091971,77035.865.37$16,571
Dec 200801,96237.105.98$11,727
Nov 20081941,81855.496.86$23,237
Oct 200802,76575.246.92$19,139
Sep 2008026101.767.88$205
Aug 2008096114.228.48$814
Jul 20081742,067131.0811.39$46,350
Jun 200801,701131.3313.03$22,169

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 2014 — as filed, then multipliedworked
Oil                    3 bbl  × $ 90.40 =       $271
Casinghead gas         0 Mcf  × $  4.86 =         $0

────────────────────────────────────────────────────
Month total                                     $271

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/25300 is the state's own key, not one this site invented.