FINA-CONOCO FEE

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

Operated by FINA OIL & CHEMICAL COMPANY (P-5 268321) in the FROST, WEST (VX-WOOD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 133179District 04Field 33111850CondensateGasSave Export

Value, all time

$275 k

Jan 1993 – Jun 1998

Value, last 12 filed months

$80 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The FROST, WEST (VX-WOOD) 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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered

1988-09-25

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “(VICKSBURG CONS) #76721550.”

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	7,484 bbl	$125,551
Gas	Production	648,431 Mcf	$149,818
Total			$275,369

588,740 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 26.4535, -98.5979. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.45349, -98.59788 · 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

0.0%

0 of 1 wells

Median depth

7,131 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 7,131 ft.

Completions filed

Jun 1998

1 of 1 wells

1 well


42-42732380	10	7,131 ft	Jun 1998	—	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 (66)

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

66 months


Jun 1998	0	0	11.24	2.24	$0
May 1998	2	1,636	12.62	2.21	$3,635
Apr 1998	2	1,668	13.04	2.51	$4,205
Mar 1998	0	1,724	12.80	2.31	$3,981
Feb 1998	0	1,273	13.95	2.30	$2,927
Jan 1998	1	2,159	14.70	2.15	$4,667
Dec 1997	7	3,004	16.32	2.41	$7,357
Nov 1997	12	2,948	18.19	3.09	$9,322
Oct 1997	10	2,823	19.25	3.15	$9,084
Sep 1997	7	4,367	17.74	2.95	$13,028
Aug 1997	0	4,327	17.86	2.55	$11,054
Jul 1997	0	4,983	17.58	2.25	$11,197
Jun 1997	1	4,804	17.24	2.26	$10,861
May 1997	23	4,579	18.97	2.31	$11,007
Apr 1997	44	4,246	17.88	2.08	$9,630
Mar 1997	0	4,711	18.95	1.94	$9,135
Feb 1997	0	4,700	20.49	2.21	$10,368
Jan 1997	0	5,739	23.48	3.54	$20,314
Dec 1996	0	5,920	23.32	—	$0
Nov 1996	0	5,288	21.97	—	$0
Oct 1996	0	6,480	23.31	—	$0
Sep 1996	14	6,360	22.22	—	$311
Aug 1996	51	5,642	20.26	—	$1,033
Jul 1996	26	6,375	19.55	—	$508
Jun 1996	18	5,718	18.73	—	$337
May 1996	126	6,496	19.43	—	$2,448
Apr 1996	266	6,633	21.51	—	$5,722
Mar 1996	238	6,309	19.38	—	$4,612
Feb 1996	100	6,706	16.98	—	$1,698
Jan 1996	68	6,825	17.07	—	$1,161
Dec 1995	67	6,933	17.19	—	$1,152
Nov 1995	98	7,703	16.00	—	$1,568
Oct 1995	94	8,208	15.43	—	$1,450
Sep 1995	140	6,212	16.18	—	$2,265
Aug 1995	108	8,505	15.92	—	$1,719
Jul 1995	78	9,896	15.24	—	$1,189
Jun 1995	75	8,894	16.41	—	$1,231
May 1995	73	8,345	17.56	—	$1,282
Apr 1995	7	7,534	17.73	—	$124
Mar 1995	60	8,265	16.44	—	$986
Feb 1995	41	17,871	16.58	—	$680
Jan 1995	67	10,954	15.92	—	$1,067
Dec 1994	138	10,804	15.03	—	$2,074
Nov 1994	112	10,910	15.90	—	$1,781
Oct 1994	84	11,849	15.58	—	$1,309
Sep 1994	61	11,559	15.29	—	$933
Aug 1994	150	12,452	16.13	—	$2,420
Jul 1994	114	12,079	17.56	—	$2,002
Jun 1994	172	11,513	17.09	—	$2,939
May 1994	170	12,964	15.88	—	$2,700
Apr 1994	167	12,962	14.14	—	$2,361
Mar 1994	145	13,582	12.46	—	$1,807
Feb 1994	133	13,971	12.50	—	$1,663
Jan 1994	165	17,247	12.66	—	$2,089
Dec 1993	158	17,079	12.33	—	$1,948
Nov 1993	164	17,633	14.49	—	$2,376
Oct 1993	149	19,698	15.85	—	$2,362
Sep 1993	136	17,726	15.03	—	$2,044
Aug 1993	165	19,578	15.66	—	$2,584
Jul 1993	181	19,460	15.46	—	$2,798
Jun 1993	326	20,783	16.79	—	$5,474
May 1993	502	22,452	17.68	—	$8,875
Apr 1993	506	23,327	18.05	—	$9,133
Mar 1993	576	26,094	18.14	—	$10,449
Feb 1993	563	25,036	17.90	—	$10,078
Jan 1993	523	23,910	16.93	—	$8,854

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.

May 1998 — as filed, then multipliedworked

Condensate             2 bbl  × $ 12.62 =        $25
Gas                1,636 Mcf  × $  2.21 =     $3,610

────────────────────────────────────────────────────
Month total                                   $3,635

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/133179 is the state's own key, not one this site invented.