FINA CONOCO FEE

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

Gas lease lease 151203District 04Field 33110275CondensateGasSaveExport
Value, all time
$131 k
Aug 1994 – Aug 1998
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
49
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1989-09-18
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.

StreamBasisVolumeValue
CondensateDisposition5,552 bbl$93,022
GasProduction221,878 Mcf$37,645
Total$130,667

207,066 Mcf of this lease's gas, across 24 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 26.4556, -98.5950. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.45558, -98.59499 · 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
0.0%
0 of 1 wells
Median depth
7,500 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 7,500 ft.

Completions filed
Aug 1998
1 of 1 wells

1 well

42-427323739 U7,500 ftAug 1998Yes

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 (49)

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

49 months

Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 1998069012.622.21$1,522
Apr 1998040413.042.51$1,012
Mar 1998042012.802.31$970
Feb 1998062513.952.30$1,437
Jan 1998059414.702.15$1,280
Dec 1997071116.322.41$1,714
Nov 1997098318.193.09$3,036
Oct 1997162219.253.15$1,978
Sep 1997121,03117.742.95$3,259
Aug 19971894717.862.55$2,741
Jul 1997511,28517.582.25$3,784
Jun 19975583917.242.26$2,842
May 19975579418.972.31$2,876
Apr 19973038317.882.08$1,334
Mar 1997611,23118.951.94$3,543
Feb 1997551,54820.492.21$4,542
Jan 1997621,70523.483.54$7,491
Dec 1996471,71423.32$1,096
Nov 1996571,74221.97$1,252
Oct 1996321,31123.31$746
Sep 1996561,67722.22$1,244
Aug 19961171,57820.26$2,370
Jul 19960019.55$0
Jun 19961018.73$19
May 19961343619.43$253
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19966016.98$102
Jan 1996681,17517.07$1,161
Dec 1995811,07817.19$1,392
Nov 19951161,30516.00$1,856
Oct 1995781,92715.43$1,204
Sep 1995704,60516.18$1,133
Aug 1995584,60715.92$923
Jul 1995367,53615.24$549
Jun 1995979,87316.41$1,592
May 19952496,78117.56$4,372
Apr 199569110,42517.73$12,251
Mar 199541618,23316.44$6,839
Feb 199526515,94716.58$4,394
Jan 199522410,75415.92$3,566
Dec 19945725,94015.03$8,597
Nov 199453218,03015.90$8,459
Oct 199445223,28615.58$7,042
Sep 199435934,37315.29$5,489
Aug 199445922,73316.13$7,404

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             0 bbl  × $ 12.62 =         $0
Gas                  690 Mcf  × $  2.21 =     $1,522

────────────────────────────────────────────────────
Month total                                   $1,522

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/151203 is the state's own key, not one this site invented.