WEBB COUNTY SCHOOL BOARD

Name: WEBB COUNTY SCHOOL BOARD lease production and value, Aug 1994 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 151286District 04Field 078002002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.3 M

Aug 1994 – Feb 2015

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

247

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
High Cost Gas	1	1	1995-04-19	131883
NGPA	1	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	14,010 bbl	$247,303
Gas	Production	996,485 Mcf	$1,099,833
Total			$1,347,136

672,482 Mcf of this lease's gas, across 29 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 27.6445, -99.1854. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.64451, -99.18544 · 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

9,070 ft

1 wells filed one

Completion to plug

20.5 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 9,070 ft.

Completions filed

Aug 1994

1 of 1 wells

Plug dates filed

Feb 2015

1 of 1 wells

Last completion to plug: a median of 20.5 years across the 1 well that filed both dates, with the middle half between 20.5 years and 20.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47936145	9	9,070 ft	Aug 1994	Feb 2015	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 (247)

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

247 months


Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	30	0	70.46	4.25	$2,114
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	3	92.66	2.91	$9
Jul 2012	0	27	85.13	3.02	$82
Jun 2012	0	16	79.82	2.52	$40
May 2012	0	70	91.61	2.49	$174
Apr 2012	0	60	101.65	2.00	$120
Mar 2012	0	28	105.05	2.22	$62
Feb 2012	0	27	101.10	2.57	$69
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	42	96.87	3.24	$136
Nov 2011	0	39	95.72	3.31	$129
Oct 2011	0	12	84.98	3.65	$44
Sep 2011	0	32	83.62	3.99	$128
Aug 2011	0	9	83.40	4.15	$37
Jul 2011	0	18	94.14	4.52	$81
Jun 2011	0	17	92.90	4.64	$79
May 2011	0	14	98.13	4.40	$62
Apr 2011	0	11	105.96	4.33	$48
Mar 2011	0	16	96.36	4.06	$65
Feb 2011	0	14	85.64	4.18	$59
Jan 2011	1	47	86.50	4.59	$302
Dec 2010	0	37	85.73	4.35	$161
Nov 2010	0	69	80.84	3.80	$262
Oct 2010	0	9	78.10	3.51	$32
Sep 2010	0	5	72.63	3.98	$20
Aug 2010	0	145	73.68	4.42	$641
Jul 2010	2	506	72.55	4.74	$2,542
Jun 2010	0	619	70.36	4.91	$3,040
May 2010	0	251	71.12	4.24	$1,063
Apr 2010	4	621	81.69	4.12	$2,887
Mar 2010	5	574	78.39	4.39	$2,911
Feb 2010	0	545	73.58	5.44	$2,966
Jan 2010	6	520	74.36	5.96	$3,547
Dec 2009	14	446	71.44	5.48	$3,446
Nov 2009	0	362	74.59	3.75	$1,358
Oct 2009	0	441	72.54	4.11	$1,813
Sep 2009	1	410	65.54	3.06	$1,322
Aug 2009	0	522	67.42	3.22	$1,680
Jul 2009	1	611	61.13	3.46	$2,178
Jun 2009	0	535	66.16	3.90	$2,084
May 2009	2	545	54.74	3.93	$2,249
Apr 2009	0	671	46.77	3.59	$2,407
Mar 2009	4	722	42.14	4.06	$3,099
Feb 2009	0	749	32.81	4.63	$3,470
Jan 2009	0	765	35.86	5.37	$4,109
Dec 2008	12	935	37.10	5.98	$6,034
Nov 2008	0	1,039	55.49	6.86	$7,128
Oct 2008	7	1,034	75.24	6.92	$7,684
Sep 2008	0	882	101.76	7.88	$6,948
Aug 2008	0	778	114.22	8.48	$6,600
Jul 2008	0	848	131.08	11.39	$9,658
Jun 2008	0	730	131.33	13.03	$9,514
May 2008	0	784	123.17	11.57	$9,074
Apr 2008	6	859	110.31	10.45	$9,643
Mar 2008	0	807	101.90	9.66	$7,799
Feb 2008	0	758	92.53	8.77	$6,648
Jan 2008	17	719	90.38	8.21	$7,436
Dec 2007	0	629	88.33	7.30	$4,593
Nov 2007	0	713	91.67	7.29	$5,199
Oct 2007	0	762	82.85	6.92	$5,275
Sep 2007	24	805	75.84	6.24	$6,847
Aug 2007	0	738	69.06	6.39	$4,714
Jul 2007	0	549	70.90	6.39	$3,507
Jun 2007	0	461	62.00	7.55	$3,480
May 2007	0	488	58.74	7.85	$3,829
Apr 2007	0	348	59.61	7.81	$2,716
Mar 2007	0	515	56.92	7.30	$3,761
Feb 2007	0	423	55.10	8.22	$3,475
Jan 2007	0	482	50.30	6.73	$3,242
Dec 2006	0	493	56.65	6.92	$3,411
Nov 2006	0	357	54.20	7.62	$2,719
Oct 2006	0	471	54.90	6.01	$2,833
Sep 2006	0	485	60.08	5.04	$2,443
Aug 2006	0	403	68.71	7.34	$2,958
Jul 2006	0	519	69.37	6.34	$3,292
Jun 2006	0	485	66.28	6.38	$3,096
May 2006	0	492	66.01	6.42	$3,161
Apr 2006	0	495	64.39	7.36	$3,643
Mar 2006	56	588	56.70	7.08	$7,340
Feb 2006	0	549	57.59	7.75	$4,255
Jan 2006	0	558	60.59	8.93	$4,985
Dec 2005	0	560	54.94	13.42	$7,513
Nov 2005	0	630	54.69	10.59	$6,671
Oct 2005	0	657	58.34	13.80	$9,064
Sep 2005	0	796	61.45	12.08	$9,615
Aug 2005	0	795	61.51	9.80	$7,788
Jul 2005	0	742	55.69	7.84	$5,820
Jun 2005	0	579	52.33	7.38	$4,274
May 2005	0	663	45.22	6.65	$4,410
Apr 2005	0	600	49.20	7.36	$4,416
Mar 2005	0	530	50.37	7.15	$3,792
Feb 2005	3	489	45.22	6.31	$3,222
Jan 2005	0	478	43.16	6.32	$3,022
Dec 2004	0	463	39.86	6.75	$3,126
Nov 2004	0	838	45.28	6.33	$5,305
Oct 2004	0	590	49.70	6.52	$3,844
Sep 2004	5	478	43.24	5.28	$2,742
Aug 2004	0	563	42.37	5.55	$3,125
Jul 2004	0	400	38.28	6.08	$2,434
Jun 2004	0	740	36.10	6.43	$4,760
May 2004	5	674	37.48	6.49	$4,565
Apr 2004	0	697	34.47	5.86	$4,083
Mar 2004	0	852	34.36	5.53	$4,712
Feb 2004	7	934	32.45	5.51	$5,373
Jan 2004	5	927	32.03	6.30	$6,000
Dec 2003	4	361	30.26	6.30	$2,396
Nov 2003	2	377	28.80	4.60	$1,790
Oct 2003	1	313	28.17	4.76	$1,518
Sep 2003	2	224	26.31	4.75	$1,116
Aug 2003	18	598	29.76	5.13	$3,603
Jul 2003	0	6,428	29.41	5.17	$33,238
Jun 2003	3	935	28.56	5.98	$5,680
May 2003	2	721	26.59	5.97	$4,359
Apr 2003	0	773	26.67	5.41	$4,180
Mar 2003	2	850	31.14	6.10	$5,244
Feb 2003	5	869	33.48	7.93	$7,055
Jan 2003	2	2,123	30.31	5.58	$11,911
Dec 2002	4	593	26.91	4.85	$2,986
Nov 2002	0	784	24.66	4.14	$3,243
Oct 2002	0	344	26.46	4.23	$1,455
Sep 2002	0	727	27.44	3.64	$2,643
Aug 2002	0	600	25.96	3.16	$1,899
Jul 2002	0	913	24.58	3.06	$2,795
Jun 2002	0	1,152	23.73	3.34	$3,846
May 2002	0	1,768	24.66	3.58	$6,337
Apr 2002	0	1,679	23.65	3.51	$5,897
Mar 2002	48	198	22.00	3.10	$1,670
Feb 2002	0	1,376	18.22	2.38	$3,269
Jan 2002	0	1,654	17.17	2.38	$3,929
Dec 2001	0	1,678	16.93	2.36	$3,967
Nov 2001	0	625	18.07	2.41	$1,503
Oct 2001	0	2,110	19.78	2.53	$5,336
Sep 2001	0	2,055	24.26	2.25	$4,626
Aug 2001	0	1,572	24.87	3.05	$4,800
Jul 2001	0	1,759	23.93	3.20	$5,624
Jun 2001	0	1,323	24.56	3.82	$5,059
May 2001	47	1,026	25.52	4.31	$5,619
Apr 2001	0	2,323	24.68	5.34	$12,394
Mar 2001	48	2,260	24.54	5.38	$13,329
Feb 2001	0	665	27.75	5.77	$3,835
Jan 2001	0	609	27.47	8.40	$5,115
Dec 2000	0	690	26.88	9.12	$6,295
Nov 2000	0	686	32.21	5.66	$3,881
Oct 2000	0	857	31.23	5.15	$4,410
Sep 2000	0	1,615	31.87	5.19	$8,376
Aug 2000	0	1,838	29.64	4.54	$8,346
Jul 2000	0	1,902	28.53	4.09	$7,779
Jun 2000	0	1,963	29.30	4.40	$8,632
May 2000	0	2,409	27.26	3.68	$8,865
Apr 2000	0	2,478	24.51	3.12	$7,721
Mar 2000	0	2,370	28.42	2.86	$6,778
Feb 2000	0	2,572	27.62	2.73	$7,013
Jan 2000	81	2,806	25.27	2.48	$9,007
Dec 1999	0	2,294	24.28	2.42	$5,560
Nov 1999	0	3,080	23.19	2.43	$7,497
Oct 1999	0	4,204	20.98	2.80	$11,787
Sep 1999	31	2,784	21.75	2.62	$7,965
Aug 1999	0	2,254	19.26	2.88	$6,482
Jul 1999	0	2,113	17.89	2.37	$5,013
Jun 1999	0	3,018	15.94	2.36	$7,129
May 1999	59	3,969	15.79	2.32	$10,144
Apr 1999	0	4,252	15.10	2.21	$9,389
Mar 1999	0	4,642	12.47	1.84	$8,534
Feb 1999	0	4,373	9.98	1.82	$7,949
Jan 1999	0	4,388	10.38	1.90	$8,337
Dec 1998	154	4,650	9.20	1.77	$9,663
Nov 1998	0	5,448	10.89	2.19	$11,908
Oct 1998	0	4,517	12.42	1.97	$8,895
Sep 1998	0	4,735	12.59	2.08	$9,861
Aug 1998	0	7,230	11.30	1.91	$13,790
Jul 1998	176	12,346	11.74	2.24	$29,688
Jun 1998	0	12,859	11.24	2.24	$28,769
May 1998	520	28,517	12.62	2.21	$69,481
Apr 1998	601	26,529	13.04	2.51	$74,301
Mar 1998	139	9,178	12.80	2.31	$22,975
Feb 1998	193	1,898	13.95	2.30	$7,056
Jan 1998	101	2,346	14.70	2.15	$6,540
Dec 1997	203	2,442	16.32	2.41	$9,201
Nov 1997	151	2,262	18.19	3.09	$9,732
Oct 1997	71	2,215	19.25	3.15	$8,344
Sep 1997	57	2,530	17.74	2.95	$8,487
Aug 1997	74	4,166	17.86	2.55	$11,965
Jul 1997	29	3,980	17.58	2.25	$9,453
Jun 1997	0	4,763	17.24	2.26	$10,751
May 1997	13	3,815	18.97	2.31	$9,054
Apr 1997	78	4,658	17.88	2.08	$11,096
Mar 1997	106	4,897	18.95	1.94	$11,505
Feb 1997	154	5,033	20.49	2.21	$14,258
Jan 1997	133	5,229	23.48	3.54	$21,632
Dec 1996	238	7,453	23.32	—	$5,550
Nov 1996	172	7,891	21.97	—	$3,779
Oct 1996	294	11,112	23.31	—	$6,853
Sep 1996	116	8,512	22.22	—	$2,578
Aug 1996	195	13,738	20.26	—	$3,951
Jul 1996	366	18,397	19.55	—	$7,155
Jun 1996	252	10,382	18.73	—	$4,720
May 1996	270	13,217	19.43	—	$5,246
Apr 1996	157	16,624	21.51	—	$3,377
Mar 1996	265	12,678	19.38	—	$5,136
Feb 1996	135	11,743	16.98	—	$2,292
Jan 1996	348	14,768	17.07	—	$5,940
Dec 1995	334	12,730	17.19	—	$5,741
Nov 1995	122	15,496	16.00	—	$1,952
Oct 1995	223	25,524	15.43	—	$3,441
Sep 1995	225	23,254	16.18	—	$3,641
Aug 1995	394	22,196	15.92	—	$6,272
Jul 1995	469	28,822	15.24	—	$7,148
Jun 1995	820	28,819	16.41	—	$13,456
May 1995	507	37,091	17.56	—	$8,903
Apr 1995	553	40,939	17.73	—	$9,805
Mar 1995	613	46,877	16.44	—	$10,078
Feb 1995	572	36,625	16.58	—	$9,484
Jan 1995	870	60,206	15.92	—	$13,850
Dec 1994	929	63,050	15.03	—	$13,963
Nov 1994	941	71,838	15.90	—	$14,962
Oct 1994	86	6,462	15.58	—	$1,340
Sep 1994	15	5,856	15.29	—	$229
Aug 1994	0	182	16.13	—	$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 2014 — as filed, then multipliedworked

Condensate            30 bbl  × $ 70.46 =     $2,114
Gas                    0 Mcf  × $  4.25 =         $0

────────────────────────────────────────────────────
Month total                                   $2,114

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/151286 is the state's own key, not one this site invented.