GODINEZ, F. B.

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

Gas lease lease 14237District 04Field 83046066NGPA filingCondensateGasSaveExport
Value, all time
$680 k
Jan 1993 – Dec 2004
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
144
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
1956-09-28
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1958-03-04.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 10/01/96.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition2,536 bbl$47,712
GasProduction350,369 Mcf$632,170
Total$679,882

162,442 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 26.1419, -98.1858. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.14193, -98.18582 · 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
8,103 ft
1 wells filed one
Completion to plug
47.0 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 8,103 ft.

Completions filed
Dec 1957
1 of 1 wells
Plug dates filed
Dec 2004
1 of 1 wells

Last completion to plug: a median of 47.0 years across the 1 well that filed both dates, with the middle half between 47.0 years and 47.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-215013981 L8,103 ftDec 1957Dec 2004Yes

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 (144)

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

144 months

Dec 20040039.866.75$0
Nov 200419045.286.33$860
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 2004062038.286.08$3,772
Jun 20040036.106.43$0
May 200439037.486.49$1,462
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 200309229.765.13$472
Jul 200301,54029.415.17$7,963
Jun 200301,51828.565.98$9,082
May 20031281,45826.595.97$12,112
Apr 200302,21126.675.41$11,956
Mar 200302,26731.146.10$13,820
Feb 200302,20733.487.93$17,492
Jan 200302,59530.315.58$14,485
Dec 200202,45026.914.85$11,892
Nov 20021492,41424.664.14$13,661
Oct 200202,72026.464.23$11,503
Sep 200202,50427.443.64$9,103
Aug 200202,64425.963.16$8,366
Jul 200202,33024.583.06$7,134
Jun 200202,37823.733.34$7,938
May 200202,30924.663.58$8,275
Apr 200202,45923.653.51$8,637
Mar 200202,71622.003.10$8,427
Feb 200202,33818.222.38$5,554
Jan 20021911,91117.172.38$7,819
Dec 200102,21816.932.36$5,244
Nov 200102,10518.072.41$5,064
Oct 200102,28319.782.53$5,773
Sep 200101,72024.262.25$3,872
Aug 200102,41424.873.05$7,370
Jul 200102,27823.933.20$7,283
Jun 200101,99724.563.82$7,637
May 200102,07125.524.31$8,920
Apr 200102,31924.685.34$12,373
Mar 20011552,12824.545.38$15,245
Feb 200101,92327.755.77$11,090
Jan 200102,11927.478.40$17,797
Dec 200002,65626.889.12$24,229
Nov 200002,51132.215.66$14,207
Oct 200001,94831.235.15$10,023
Sep 200002,01831.875.19$10,466
Aug 200002,56729.644.54$11,656
Jul 200002,44228.534.09$9,987
Jun 200002,23429.304.40$9,823
May 200002,07427.263.68$7,632
Apr 20001702,36624.513.12$11,539
Mar 200002,49028.422.86$7,121
Feb 200002,46427.622.73$6,718
Jan 200002,51925.272.48$6,248
Dec 199902,59124.282.42$6,280
Nov 199902,46923.192.43$6,010
Oct 199902,65920.982.80$7,455
Sep 199902,44721.752.62$6,408
Aug 199902,57219.262.88$7,396
Jul 199902,61117.892.37$6,194
Jun 1999842,48815.942.36$7,216
May 199902,62215.792.32$6,086
Apr 199901,89415.102.21$4,182
Mar 199902,21512.471.84$4,072
Feb 199902,2289.981.82$4,050
Jan 19991612,47410.381.90$6,372
Dec 199801,6019.201.77$2,839
Nov 199802,11410.892.19$4,621
Oct 199802,07712.421.97$4,090
Sep 199802,63412.592.08$5,486
Aug 199802,78011.301.91$5,302
Jul 199802,46011.742.24$5,504
Jun 199802,63211.242.24$5,888
May 199802,88312.622.21$6,361
Apr 199802,14713.042.51$5,379
Mar 199802,83712.802.31$6,552
Feb 199802,39413.952.30$5,504
Jan 19981552,66114.702.15$8,012
Dec 199702,81216.322.41$6,780
Nov 199702,42218.193.09$7,480
Oct 199702,88319.253.15$9,081
Sep 199702,69417.742.95$7,960
Aug 199702,44917.862.55$6,257
Jul 199702,77117.582.25$6,226
Jun 199702,35217.242.26$5,309
May 199702,89218.972.31$6,676
Apr 199702,36317.882.08$4,922
Mar 19971722,91318.951.94$8,908
Feb 199702,62520.492.21$5,790
Jan 199702,71623.483.54$9,614
Dec 199602,67623.32$0
Nov 199602,94321.97$0
Oct 199603,05623.31$0
Sep 199603,06622.22$0
Aug 19961553,06120.26$3,140
Jul 199602,91119.55$0
Jun 199603,09918.73$0
May 199602,92619.43$0
Apr 199603,11421.51$0
Mar 199603,31219.38$0
Feb 199603,09016.98$0
Jan 19961593,17617.07$2,714
Dec 199503,12017.19$0
Nov 199502,92516.00$0
Oct 199503,27415.43$0
Sep 199502,96516.18$0
Aug 199502,93915.92$0
Jul 199503,42115.24$0
Jun 199502,80016.41$0
May 199501,32117.56$0
Apr 19951623,08117.73$2,872
Mar 199502,14216.44$0
Feb 199502,70716.58$0
Jan 199503,89715.92$0
Dec 199403,61015.03$0
Nov 199403,44515.90$0
Oct 19941623,58515.58$2,524
Sep 199403,61115.29$0
Aug 199403,58016.13$0
Jul 199403,59217.56$0
Jun 199403,53817.09$0
May 199404,04515.88$0
Apr 199403,75414.14$0
Mar 19941644,10912.46$2,043
Feb 199403,61012.50$0
Jan 199404,22212.66$0
Dec 199304,19612.33$0
Nov 199303,82214.49$0
Oct 19931523,62615.85$2,409
Sep 199303,97915.03$0
Aug 199304,21915.66$0
Jul 199303,78215.46$0
Jun 199304,13116.79$0
May 19931594,40317.68$2,811
Apr 199303,86918.05$0
Mar 199304,03418.14$0
Feb 199303,42617.90$0
Jan 199303,23216.93$0

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.

Nov 2004 — as filed, then multipliedworked
Condensate            19 bbl  × $ 45.28 =       $860
Gas                    0 Mcf  × $  6.33 =         $0

────────────────────────────────────────────────────
Month total                                     $860

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/14237 is the state's own key, not one this site invented.