WEBB COUNTY SCHOOL BOARD

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

Operated by FAULCONER, VERNON E., INC. (P-5 263701) in the BIG COWBOY (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 120751District 04Field 07800200NGPA filingCondensateGasSave Export

Value, all time

$1.2 M

Jan 1993 – Dec 2012

Value, last 12 filed months

$179

at the published price for each month

Months reported

240

no gaps in the span

Streams

condensate, gas

The BIG COWBOY (LOBO) 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 164 leases and 164 wells, and the rule below applies to all of them.

Discovered

1979-07-17

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: “STATEWIDE RULES. NO P-15 & PLAT.”

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	2	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
Condensate	Disposition	8,078 bbl	$148,084
Gas	Production	667,115 Mcf	$1,057,602
Total			$1,205,686

338,824 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 (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 27.6437, -99.1718. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.64366, -99.17184 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

9,415 ft

1 wells filed one

Completion to plug

25.4 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 9,415 ft.

Completions filed

Apr 1987

1 of 1 wells

Plug dates filed

Sep 2012

1 of 1 wells

Last completion to plug: a median of 25.4 years across the 1 well that filed both dates, with the middle half between 25.4 years and 25.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47934270	5	9,415 ft	Apr 1987	Sep 2012	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 (240)

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

240 months


Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	2	0	89.38	3.40	$179
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	2	85.64	4.18	$8
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	1	74.36	5.96	$6
Dec 2009	1	0	71.44	5.48	$71
Nov 2009	0	2	74.59	3.75	$8
Oct 2009	0	36	72.54	4.11	$148
Sep 2009	1	23	65.54	3.06	$136
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	1	10	61.13	3.46	$96
Jun 2009	0	72	66.16	3.90	$280
May 2009	2	111	54.74	3.93	$545
Apr 2009	0	120	46.77	3.59	$431
Mar 2009	5	74	42.14	4.06	$511
Feb 2009	0	121	32.81	4.63	$561
Jan 2009	0	169	35.86	5.37	$908
Dec 2008	16	184	37.10	5.98	$1,693
Nov 2008	0	552	55.49	6.86	$3,787
Oct 2008	20	0	75.24	6.92	$1,505
Sep 2008	0	167	101.76	7.88	$1,315
Aug 2008	0	255	114.22	8.48	$2,163
Jul 2008	0	139	131.08	11.39	$1,583
Jun 2008	0	264	131.33	13.03	$3,441
May 2008	0	237	123.17	11.57	$2,743
Apr 2008	6	238	110.31	10.45	$3,150
Mar 2008	0	231	101.90	9.66	$2,232
Feb 2008	0	240	92.53	8.77	$2,105
Jan 2008	16	361	90.38	8.21	$4,408
Dec 2007	0	558	88.33	7.30	$4,075
Nov 2007	0	173	91.67	7.29	$1,261
Oct 2007	0	214	82.85	6.92	$1,481
Sep 2007	9	186	75.84	6.24	$1,844
Aug 2007	0	242	69.06	6.39	$1,546
Jul 2007	0	310	70.90	6.39	$1,980
Jun 2007	0	265	62.00	7.55	$2,000
May 2007	0	395	58.74	7.85	$3,099
Apr 2007	0	350	59.61	7.81	$2,732
Mar 2007	0	244	56.92	7.30	$1,782
Feb 2007	0	395	55.10	8.22	$3,245
Jan 2007	0	459	50.30	6.73	$3,088
Dec 2006	0	205	56.65	6.92	$1,418
Nov 2006	0	225	54.20	7.62	$1,714
Oct 2006	0	351	54.90	6.01	$2,111
Sep 2006	0	269	60.08	5.04	$1,355
Aug 2006	4	342	68.71	7.34	$2,785
Jul 2006	0	198	69.37	6.34	$1,256
Jun 2006	0	379	66.28	6.38	$2,419
May 2006	0	236	66.01	6.42	$1,516
Apr 2006	0	438	64.39	7.36	$3,224
Mar 2006	5	635	56.70	7.08	$4,781
Feb 2006	0	546	57.59	7.75	$4,232
Jan 2006	0	788	60.59	8.93	$7,039
Dec 2005	12	466	54.94	13.42	$6,911
Nov 2005	0	332	54.69	10.59	$3,515
Oct 2005	0	662	58.34	13.80	$9,133
Sep 2005	7	872	61.45	12.08	$10,963
Aug 2005	0	992	61.51	9.80	$9,718
Jul 2005	0	807	55.69	7.84	$6,330
Jun 2005	7	709	52.33	7.38	$5,599
May 2005	0	822	45.22	6.65	$5,467
Apr 2005	0	872	49.20	7.36	$6,418
Mar 2005	0	953	50.37	7.15	$6,819
Feb 2005	7	671	45.22	6.31	$4,552
Jan 2005	87	1,287	43.16	6.32	$11,892
Dec 2004	0	1,451	39.86	6.75	$9,796
Nov 2004	0	1,271	45.28	6.33	$8,046
Oct 2004	0	1,261	49.70	6.52	$8,216
Sep 2004	9	1,416	43.24	5.28	$7,871
Aug 2004	0	1,247	42.37	5.55	$6,922
Jul 2004	0	1,144	38.28	6.08	$6,960
Jun 2004	0	1,054	36.10	6.43	$6,780
May 2004	7	983	37.48	6.49	$6,647
Apr 2004	0	1,110	34.47	5.86	$6,503
Mar 2004	0	1,152	34.36	5.53	$6,371
Feb 2004	6	836	32.45	5.51	$4,801
Jan 2004	5	1,000	32.03	6.30	$6,460
Dec 2003	9	867	30.26	6.30	$5,736
Nov 2003	6	943	28.80	4.60	$4,506
Oct 2003	6	1,353	28.17	4.76	$6,609
Sep 2003	5	1,339	26.31	4.75	$6,491
Aug 2003	5	1,158	29.76	5.13	$6,089
Jul 2003	0	1,060	29.41	5.17	$5,481
Jun 2003	3	1,182	28.56	5.98	$7,158
May 2003	3	919	26.59	5.97	$5,569
Apr 2003	0	680	26.67	5.41	$3,677
Mar 2003	3	1,240	31.14	6.10	$7,653
Feb 2003	3	1,019	33.48	7.93	$8,177
Jan 2003	3	1,311	30.31	5.58	$7,409
Dec 2002	7	1,505	26.91	4.85	$7,493
Nov 2002	0	1,641	24.66	4.14	$6,789
Oct 2002	0	1,041	26.46	4.23	$4,403
Sep 2002	0	836	27.44	3.64	$3,039
Aug 2002	0	803	25.96	3.16	$2,541
Jul 2002	0	709	24.58	3.06	$2,171
Jun 2002	0	642	23.73	3.34	$2,143
May 2002	136	981	24.66	3.58	$6,870
Apr 2002	0	1,375	23.65	3.51	$4,829
Mar 2002	0	882	22.00	3.10	$2,737
Feb 2002	0	890	18.22	2.38	$2,114
Jan 2002	0	1,206	17.17	2.38	$2,865
Dec 2001	0	1,156	16.93	2.36	$2,733
Nov 2001	0	977	18.07	2.41	$2,350
Oct 2001	0	1,530	19.78	2.53	$3,869
Sep 2001	0	1,095	24.26	2.25	$2,465
Aug 2001	0	1,157	24.87	3.05	$3,533
Jul 2001	0	829	23.93	3.20	$2,650
Jun 2001	0	1,004	24.56	3.82	$3,839
May 2001	0	807	25.52	4.31	$3,476
Apr 2001	0	882	24.68	5.34	$4,706
Mar 2001	0	936	24.54	5.38	$5,032
Feb 2001	170	884	27.75	5.77	$9,816
Jan 2001	0	1,679	27.47	8.40	$14,102
Dec 2000	0	1,524	26.88	9.12	$13,903
Nov 2000	0	1,102	32.21	5.66	$6,235
Oct 2000	0	1,218	31.23	5.15	$6,267
Sep 2000	0	1,836	31.87	5.19	$9,522
Aug 2000	0	2,033	29.64	4.54	$9,231
Jul 2000	0	1,945	28.53	4.09	$7,955
Jun 2000	0	2,310	29.30	4.40	$10,158
May 2000	0	2,078	27.26	3.68	$7,647
Apr 2000	0	2,426	24.51	3.12	$7,559
Mar 2000	0	3,023	28.42	2.86	$8,645
Feb 2000	0	3,145	27.62	2.73	$8,575
Jan 2000	0	3,869	25.27	2.48	$9,597
Dec 1999	177	3,898	24.28	2.42	$13,745
Nov 1999	0	3,599	23.19	2.43	$8,760
Oct 1999	0	3,632	20.98	2.80	$10,183
Sep 1999	0	3,884	21.75	2.62	$10,172
Aug 1999	0	3,835	19.26	2.88	$11,028
Jul 1999	0	3,784	17.89	2.37	$8,977
Jun 1999	0	4,868	15.94	2.36	$11,499
May 1999	131	4,522	15.79	2.32	$12,564
Apr 1999	0	5,299	15.10	2.21	$11,700
Mar 1999	0	6,488	12.47	1.84	$11,927
Feb 1999	0	5,840	9.98	1.82	$10,616
Jan 1999	0	6,993	10.38	1.90	$13,286
Dec 1998	0	8,342	9.20	1.77	$14,793
Nov 1998	163	7,420	10.89	2.19	$17,993
Oct 1998	0	6,885	12.42	1.97	$13,558
Sep 1998	163	7,430	12.59	2.08	$17,526
Aug 1998	0	8,906	11.30	1.91	$16,987
Jul 1998	172	9,685	11.74	2.24	$23,687
Jun 1998	148	12,240	11.24	2.24	$29,048
May 1998	168	13,610	12.62	2.21	$32,148
Apr 1998	170	15,800	13.04	2.51	$41,801
Mar 1998	121	14,366	12.80	2.31	$34,726
Feb 1998	187	2,892	13.95	2.30	$9,258
Jan 1998	104	3,759	14.70	2.15	$9,629
Dec 1997	201	4,399	16.32	2.41	$13,887
Nov 1997	117	4,098	18.19	3.09	$14,784
Oct 1997	53	4,257	19.25	3.15	$14,429
Sep 1997	90	3,947	17.74	2.95	$13,260
Aug 1997	131	4,571	17.86	2.55	$14,017
Jul 1997	113	5,130	17.58	2.25	$13,513
Jun 1997	253	5,525	17.24	2.26	$16,833
May 1997	230	4,827	18.97	2.31	$15,506
Apr 1997	71	5,606	17.88	2.08	$12,946
Mar 1997	121	5,294	18.95	1.94	$12,559
Feb 1997	192	5,538	20.49	2.21	$16,150
Jan 1997	141	6,713	23.48	3.54	$27,073
Dec 1996	196	7,396	23.32	—	$4,571
Nov 1996	109	6,977	21.97	—	$2,395
Oct 1996	102	8,050	23.31	—	$2,378
Sep 1996	36	6,207	22.22	—	$800
Aug 1996	145	8,273	20.26	—	$2,938
Jul 1996	14	9,251	19.55	—	$274
Jun 1996	3	6,157	18.73	—	$56
May 1996	55	8,585	19.43	—	$1,069
Apr 1996	0	10,828	21.51	—	$0
Mar 1996	0	9,722	19.38	—	$0
Feb 1996	87	6,766	16.98	—	$1,477
Jan 1996	0	5,802	17.07	—	$0
Dec 1995	177	8,243	17.19	—	$3,043
Nov 1995	0	3,916	16.00	—	$0
Oct 1995	0	10,998	15.43	—	$0
Sep 1995	167	10,062	16.18	—	$2,702
Aug 1995	63	13,063	15.92	—	$1,003
Jul 1995	14	12,994	15.24	—	$213
Jun 1995	223	15,575	16.41	—	$3,659
May 1995	223	7,778	17.56	—	$3,916
Apr 1995	203	8,341	17.73	—	$3,599
Mar 1995	205	16,277	16.44	—	$3,370
Feb 1995	185	12,736	16.58	—	$3,067
Jan 1995	205	14,746	15.92	—	$3,264
Dec 1994	218	15,191	15.03	—	$3,277
Nov 1994	226	16,890	15.90	—	$3,593
Oct 1994	186	9,982	15.58	—	$2,898
Sep 1994	181	7,027	15.29	—	$2,767
Aug 1994	219	10,732	16.13	—	$3,532
Jul 1994	146	12,515	17.56	—	$2,564
Jun 1994	95	9,793	17.09	—	$1,624
May 1994	62	5,457	15.88	—	$985
Apr 1994	16	1,237	14.14	—	$226
Mar 1994	15	634	12.46	—	$187
Feb 1994	18	1,191	12.50	—	$225
Jan 1994	19	1,458	12.66	—	$241
Dec 1993	24	1,422	12.33	—	$296
Nov 1993	17	1,108	14.49	—	$246
Oct 1993	20	1,277	15.85	—	$317
Sep 1993	27	1,351	15.03	—	$406
Aug 1993	22	1,230	15.66	—	$345
Jul 1993	13	1,323	15.46	—	$201
Jun 1993	21	1,480	16.79	—	$353
May 1993	22	1,580	17.68	—	$389
Apr 1993	19	1,572	18.05	—	$343
Mar 1993	15	1,440	18.14	—	$272
Feb 1993	27	1,890	17.90	—	$483
Jan 1993	27	2,301	16.93	—	$457

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.

Oct 2012 — as filed, then multipliedworked

Condensate             2 bbl  × $ 89.38 =       $179
Gas                    0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                     $179

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. 04/G/120751 is the state's own key, not one this site invented.