SCHWARZ

Operated by FAULCONER, VERNON E., INC. (P-5 263701) in the LACY (A 7100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 135596District 04Field 51180132CondensateGasSaveExport
Value, all time
$487 k
Jan 1993 – Apr 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
256
no gaps in the span
Streams
2
condensate, 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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1946-11-06
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1991-03-01.

The Commission's schedule remark for this field reads: ALLOC. FORMU. SUSP. ADMIN. EFF 12-1-94.

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
CondensateDisposition295 bbl$12,138
GasProduction149,234 Mcf$475,332
Total$487,470

49,852 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 26.2131, -97.8934. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.21310, -97.89337 · 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
7,625 ft
1 wells filed one
Completion to plug
23.4 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 7,625 ft.

Completions filed
May 1990
1 of 1 wells
Plug dates filed
Oct 2013
1 of 1 wells

Last completion to plug: a median of 23.4 years across the 1 well that filed both dates, with the middle half between 23.4 years and 23.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2150112817,625 ftMay 1990Oct 2013Yes

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 (256)

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

256 months

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 20100072.633.98$0
Aug 201050073.684.42$3,684
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090267.423.22$6
Jul 200901661.133.46$55
Jun 200901366.163.90$51
May 20090954.743.93$35
Apr 20090146.773.59$4
Mar 2009020042.144.06$812
Feb 2009054832.814.63$2,539
Jan 2009061835.865.37$3,319
Dec 2008053937.105.98$3,222
Nov 2008047155.496.86$3,231
Oct 20087462275.246.92$9,873
Sep 20080765101.767.88$6,026
Aug 20080674114.228.48$5,718
Jul 20080726131.0811.39$8,269
Jun 20080772131.3313.03$10,061
May 20080692123.1711.57$8,009
Apr 20080618110.3110.45$6,461
Mar 20080517101.909.66$4,996
Feb 2008063992.538.77$5,604
Jan 2008065090.388.21$5,334
Dec 2007072088.337.30$5,257
Nov 2007070091.677.29$5,104
Oct 2007073882.856.92$5,108
Sep 2007080675.846.24$5,033
Aug 2007063369.066.39$4,044
Jul 2007088070.906.39$5,621
Jun 2007082462.007.55$6,220
May 2007088858.747.85$6,968
Apr 2007078159.617.81$6,096
Mar 2007066156.927.30$4,827
Feb 2007033855.108.22$2,777
Jan 2007010950.306.73$733
Dec 2006076456.656.92$5,286
Nov 2006054954.207.62$4,182
Oct 2006069854.906.01$4,198
Sep 2006060260.085.04$3,032
Aug 2006057768.717.34$4,235
Jul 2006031069.376.34$1,966
Jun 2006069166.286.38$4,411
May 2006062766.016.42$4,028
Apr 2006044664.397.36$3,283
Mar 2006037356.707.08$2,642
Feb 2006032657.597.75$2,527
Jan 2006044360.598.93$3,957
Dec 2005039954.9413.42$5,353
Nov 2005059554.6910.59$6,300
Oct 2005067958.3413.80$9,367
Sep 2005072761.4512.08$8,781
Aug 2005064561.519.80$6,319
Jul 2005053055.697.84$4,157
Jun 2005088752.337.38$6,547
May 2005069345.226.65$4,609
Apr 2005072349.207.36$5,322
Mar 2005080750.377.15$5,774
Feb 2005052745.226.31$3,326
Jan 200503743.166.32$234
Dec 2004029139.866.75$1,965
Nov 2004047545.286.33$3,007
Oct 2004062949.706.52$4,098
Sep 2004076443.245.28$4,037
Aug 2004061842.375.55$3,430
Jul 2004077838.286.08$4,733
Jun 2004066236.106.43$4,259
May 2004069737.486.49$4,527
Apr 2004080234.475.86$4,698
Mar 200401,25434.365.53$6,935
Feb 200406832.455.51$375
Jan 2004022732.036.30$1,430
Dec 2003044030.266.30$2,773
Nov 200302528.804.60$115
Oct 2003041928.174.76$1,994
Sep 2003029526.314.75$1,401
Aug 2003060029.765.13$3,078
Jul 2003065129.415.17$3,366
Jun 2003069828.565.98$4,176
May 2003063626.595.97$3,799
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 2002016326.464.23$689
Sep 2002026227.443.64$952
Aug 2002062025.963.16$1,962
Jul 2002061724.583.06$1,889
Jun 2002053523.733.34$1,786
May 2002084924.663.58$3,043
Apr 2002068123.653.51$2,392
Mar 2002073522.003.10$2,281
Feb 2002064218.222.38$1,525
Jan 2002086217.172.38$2,048
Dec 2001070716.932.36$1,672
Nov 2001060118.072.41$1,446
Oct 2001071519.782.53$1,808
Sep 2001069724.262.25$1,569
Aug 2001069024.873.05$2,107
Jul 2001064723.933.20$2,069
Jun 2001010424.563.82$398
May 2001013525.524.31$581
Apr 200102724.685.34$144
Mar 200105624.545.38$301
Feb 2001018527.755.77$1,067
Jan 2001052027.478.40$4,367
Dec 2000033126.889.12$3,020
Nov 2000095632.215.66$5,409
Oct 200001,21731.235.15$6,262
Sep 200001,11231.875.19$5,767
Aug 2000080629.644.54$3,660
Jul 200001,22328.534.09$5,002
Jun 200001,11429.304.40$4,899
May 2000028727.263.68$1,056
Apr 200001,04724.513.12$3,262
Mar 200001,24928.422.86$3,572
Feb 2000094527.622.73$2,577
Jan 2000033325.272.48$826
Dec 199901,19524.282.42$2,896
Nov 1999069223.192.43$1,684
Oct 199901,16020.982.80$3,252
Sep 1999096521.752.62$2,527
Aug 1999092219.262.88$2,651
Jul 199901,39117.892.37$3,300
Jun 1999461,19815.942.36$3,563
May 1999096615.792.32$2,242
Apr 199901,33815.102.21$2,954
Mar 199901,07512.471.84$1,976
Feb 199901,0259.981.82$1,863
Jan 1999056510.381.90$1,073
Dec 199801,0849.201.77$1,922
Nov 1998092010.892.19$2,011
Oct 199801,15212.421.97$2,269
Sep 1998087712.592.08$1,826
Aug 1998089511.301.91$1,707
Jul 199801,03411.742.24$2,313
Jun 199801,08211.242.24$2,421
May 1998085012.622.21$1,875
Apr 1998096813.042.51$2,425
Mar 199801,12112.802.31$2,589
Feb 1998091113.952.30$2,095
Jan 1998088514.702.15$1,907
Dec 1997022416.322.41$540
Nov 1997081518.193.09$2,517
Oct 199701,01819.253.15$3,207
Sep 1997093117.742.95$2,751
Aug 1997094917.862.55$2,424
Jul 199701,00617.582.25$2,260
Jun 1997091517.242.26$2,065
May 199701,20618.972.31$2,784
Apr 199701,13417.882.08$2,362
Mar 199701,19118.951.94$2,310
Feb 199701,17320.492.21$2,588
Jan 199701,02523.483.54$3,628
Dec 199601,07323.32$0
Nov 199601,27021.97$0
Oct 1996092623.31$0
Sep 199601,20622.22$0
Aug 199601,15420.26$0
Jul 199601,06619.55$0
Jun 199601,02418.73$0
May 1996085719.43$0
Apr 1996090421.51$0
Mar 1996096319.38$0
Feb 1996074216.98$0
Jan 1996089017.07$0
Dec 1995069417.19$0
Nov 1995086216.00$0
Oct 1995082915.43$0
Sep 1995089716.18$0
Aug 199501,08715.92$0
Jul 199501,05015.24$0
Jun 1995076016.41$0
May 1995049017.56$0
Apr 199501,00417.73$0
Mar 199501,12116.44$0
Feb 1995056916.58$0
Jan 199501,04815.92$0
Dec 1994088215.03$0
Nov 199401,01915.90$0
Oct 199401,13515.58$0
Sep 1994083515.29$0
Aug 199401,06116.13$0
Jul 1994091817.56$0
Jun 1994088217.09$0
May 199401,19915.88$0
Apr 199401,40014.14$0
Mar 199401,20512.46$0
Feb 1994099012.50$0
Jan 199401,14212.66$0
Dec 199301,28312.33$0
Nov 199301,12214.49$0
Oct 199301,25515.85$0
Sep 199301,49415.03$0
Aug 1993041315.66$0
Jul 1993151,50415.46$232
Jun 19931021416.79$168
May 199391,24817.68$159
Apr 1993242,53518.05$433
Mar 1993181,84218.14$327
Feb 1993536417.90$90
Jan 1993441,42416.93$745

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.

Aug 2010 — as filed, then multipliedworked
Condensate            50 bbl  × $ 73.68 =     $3,684
Gas                    0 Mcf  × $  4.42 =         $0

────────────────────────────────────────────────────
Month total                                   $3,684

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/135596 is the state's own key, not one this site invented.