FAUSTO

Operated by ARETE OPERATING COMPANY III, LLC (P-5 29656) in the FAUSTO (NAVARRO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 151441District 04Field 304054502 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.7 M
Sep 1994 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
381
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1994-09-29
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: ALLOCATION FORMULA ADMINISTRATIVELY SUSPENDED EFFECIVE 9/1/95.

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
High Cost Gas112002-07-31148541
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
CondensateDisposition10,390 bbl$409,748
GasProduction4,803,032 Mcf$16,286,004
Total$16,695,753

1,161,117 Mcf of this lease's gas, across 28 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 27.4207, -99.3153. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.42069, -99.31529 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,605 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
00.0%
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.
1100.0%

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 10,605 ft.

Completions filed
Mar 2016
1 of 1 wells

1 well

42-47936151210,605 ftMar 2016

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 (381)

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

381 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 201689033.011.79$2,938
Feb 201616929,81526.472.06$66,001
Jan 2016466,79627.352.36$17,326
Dec 2015010,67932.362.00$21,373
Nov 2015439,13638.792.17$21,469
Oct 2015308,96743.552.43$23,066
Sep 2015327,14242.992.76$21,076
Aug 2015288,05840.162.87$24,271
Jul 201509,67348.152.95$28,488
Jun 2015158,81656.152.88$26,258
May 2015118,53255.212.96$25,823
Apr 201503,30249.822.71$8,937
Mar 201507,12342.892.93$20,904
Feb 201559,21944.662.98$27,661
Jan 201508,31143.433.10$25,769
Dec 2014397,20254.693.59$27,998
Nov 2014238,32370.464.25$37,009
Oct 2014299,73478.303.90$40,243
Sep 201409,58786.164.05$38,784
Aug 2014329,65789.394.04$41,828
Jul 2014309,70396.564.18$43,451
Jun 2014319,73498.164.74$49,152
May 2014010,09394.734.73$47,705
Apr 2014309,20595.944.81$47,146
Mar 20143210,62795.895.06$56,807
Feb 201409,11297.406.19$56,422
Jan 2014010,39290.404.86$50,513
Dec 2013010,42191.824.35$45,378
Nov 2013329,98988.853.74$40,185
Oct 20133110,50297.423.78$42,711
Sep 2013309,808104.113.72$39,587
Aug 2013010,113104.253.52$35,624
Jul 2013289,155102.523.72$36,906
Jun 2013288,10294.403.93$34,512
May 201309,64494.834.15$40,014
Apr 2013279,09993.964.28$41,504
Mar 2013010,11593.623.91$39,579
Feb 2013288,96291.233.42$33,204
Jan 201309,78991.603.42$33,478
Dec 2012969,27486.773.42$40,048
Nov 2012109,57386.953.62$35,571
Oct 20122610,06389.383.40$36,535
Sep 2012218,50394.672.92$26,803
Aug 2012239,58292.662.91$29,997
Jul 20122510,65985.133.02$34,327
Jun 20122610,58379.822.52$28,734
May 20122811,05391.612.49$30,068
Apr 20122910,884101.652.00$24,681
Mar 20122911,220105.052.22$27,978
Feb 20122610,259101.102.57$28,997
Jan 20122011,54398.092.73$33,521
Dec 2011012,28796.873.24$39,807
Nov 20112312,23595.723.31$42,715
Oct 201110912,45584.983.65$54,705
Sep 20115212,09383.623.99$52,549
Aug 2011012,49083.404.15$51,825
Jul 20113412,93994.144.52$61,649
Jun 20112112,35192.904.64$59,258
May 20112512,78998.134.40$58,786
Apr 20114112,680105.964.33$59,290
Mar 20112512,90696.364.06$54,773
Feb 20112410,80785.644.18$47,228
Jan 2011012,31986.504.59$56,529
Dec 20104712,11085.734.35$56,681
Nov 20102211,87480.843.80$46,844
Oct 20102012,17778.103.51$44,290
Sep 20103911,24072.633.98$47,562
Aug 20101539,73473.684.42$54,291
Jul 2010199,59672.554.74$46,830
Jun 2010219,97570.364.91$50,459
May 20101910,44471.124.24$45,584
Apr 20103510,47681.694.12$46,048
Mar 20101612,59678.394.39$56,534
Feb 2010010,19873.585.44$55,501
Jan 2010810,79274.365.96$64,959
Dec 20091511,97271.445.48$66,723
Nov 20092511,19674.593.75$43,867
Oct 20091810,91172.544.11$46,153
Sep 2009810,52765.543.06$32,787
Aug 20091011,15967.423.22$36,589
Jul 20092211,08661.133.46$39,752
Jun 20095710,86266.163.90$46,079
May 20095616,45054.743.93$67,644
Apr 20092412,27846.773.59$45,170
Mar 20094111,45842.144.06$48,236
Feb 20092810,51232.814.63$49,621
Jan 20091911,45035.865.37$62,179
Dec 20089111,46437.105.98$71,898
Nov 20083811,12055.496.86$78,396
Oct 20081711,60375.246.92$81,595
Sep 20084910,957101.767.88$91,296
Aug 20083412,182114.228.48$107,224
Jul 20083812,495131.0811.39$147,292
Jun 20083812,008131.3313.03$161,486
May 20085512,921123.1711.57$156,326
Apr 200816212,355110.3110.45$147,040
Mar 20081613,165101.909.66$128,858
Feb 2008012,47192.538.77$109,378
Jan 2008014,34390.388.21$117,695
Dec 2007014,87488.337.30$108,610
Nov 2007014,40091.677.29$105,000
Oct 2007014,19782.856.92$98,271
Sep 20077213,59075.846.24$90,319
Aug 2007014,23969.066.39$90,958
Jul 2007014,13870.906.39$90,313
Jun 2007012,87562.007.55$97,186
May 2007013,35558.747.85$104,787
Apr 2007012,81459.617.81$100,016
Mar 2007013,49256.927.30$98,518
Feb 20078312,53455.108.22$107,553
Jan 2007014,21150.306.73$95,595
Dec 2006013,85356.656.92$95,841
Nov 2006013,53954.207.62$103,133
Oct 200616112,34054.906.01$83,049
Sep 2006013,57560.085.04$68,380
Aug 2006313,76868.717.34$101,262
Jul 2006014,82669.376.34$94,038
Jun 20062413,64166.286.38$88,673
May 2006015,43666.016.42$99,176
Apr 2006014,41564.397.36$106,101
Mar 2006015,01456.707.08$106,343
Feb 20062314,68757.597.75$115,165
Jan 200617916,85560.598.93$161,417
Dec 20052616,31254.9413.42$220,260
Nov 2005017,05954.6910.59$180,628
Oct 20052714,19758.3413.80$197,434
Sep 2005012,92261.4512.08$156,085
Aug 2005014,79061.519.80$144,895
Jul 20052915,95355.697.84$126,745
Jun 2005015,95452.337.38$117,757
May 2005016,35045.226.65$108,746
Apr 200516715,99949.207.36$125,977
Mar 20052916,55050.377.15$119,874
Feb 20052715,91345.226.31$101,663
Jan 20052217,11243.166.32$109,135
Dec 20042717,42239.866.75$118,694
Nov 2004017,07845.286.33$108,111
Oct 20041417,76749.706.52$116,450
Sep 200416817,11243.245.28$97,682
Aug 20041616,94242.375.55$94,717
Jul 20041717,07238.286.08$104,520
Jun 2004017,15336.106.43$110,346
May 20048418,11437.486.49$120,791
Apr 2004016,73334.475.86$98,030
Mar 2004017,78134.365.53$98,331
Feb 20047016,50232.455.51$93,191
Jan 2004017,97932.036.30$113,261
Dec 2003019,18730.266.30$120,910
Nov 20039619,25728.804.60$91,254
Oct 2003018,59328.174.76$88,496
Sep 2003017,07526.314.75$81,095
Aug 200316417,59429.765.13$95,133
Jul 2003017,78129.415.17$91,943
Jun 200301,31028.565.98$7,838
May 2003017,50826.595.97$104,570
Apr 20033717,21126.675.41$94,051
Mar 200316418,12231.146.10$115,579
Feb 2003016,86733.487.93$133,686
Jan 20032118,49530.315.58$103,876
Dec 2002018,82026.914.85$91,348
Nov 200217019,13624.664.14$83,357
Oct 2002018,34426.464.23$77,579
Sep 2002017,81127.443.64$64,747
Aug 20023516,58125.963.16$53,374
Jul 2002016,50524.583.06$50,534
Jun 200216315,88423.733.34$56,893
May 2002018,60424.663.58$66,677
Apr 2002021,16923.653.51$74,352
Mar 2002021,25622.003.10$65,951
Feb 200217119,70318.222.38$49,924
Jan 2002031,18617.172.38$74,088
Dec 2001018,82316.932.36$44,505
Nov 2001018,25318.072.41$43,908
Oct 20016016,20619.782.53$42,170
Sep 2001017,22524.262.25$38,779
Aug 200116118,11924.873.05$59,324
Jul 2001021,39523.933.20$68,402
Jun 2001018,51724.563.82$70,812
May 2001018,93925.524.31$81,576
Apr 2001020,15424.685.34$107,528
Mar 2001021,74224.545.38$116,895
Feb 2001018,15927.755.77$104,724
Jan 200118519,97027.478.40$172,805
Dec 2000822,96926.889.12$209,750
Nov 2000021,85532.215.66$123,656
Oct 2000020,50931.235.15$105,529
Sep 200017820,49831.875.19$111,986
Aug 2000320,24229.644.54$92,003
Jul 2000619,47528.534.09$79,819
Jun 2000121,44729.304.40$94,337
May 2000324,68627.263.68$90,920
Apr 200017121,86924.513.12$72,335
Mar 2000323,14228.422.86$66,266
Feb 2000023,13927.622.73$63,088
Jan 2000223,86725.272.48$59,253
Dec 199916924,74824.282.42$64,086
Nov 1999123,63623.192.43$57,553
Oct 1999024,04120.982.80$67,404
Sep 199915824,98621.752.62$68,871
Aug 1999024,35919.262.88$70,047
Jul 1999023,63417.892.37$56,069
Jun 1999023,49015.942.36$55,486
May 199916825,01815.792.32$60,720
Apr 1999023,47115.102.21$51,825
Mar 1999023,91412.471.84$43,962
Feb 1999021,0989.981.82$38,352
Jan 199914723,85410.381.90$46,847
Dec 1998022,2719.201.77$39,494
Nov 199817118,04210.892.19$41,297
Oct 1998028,08212.421.97$55,299
Sep 1998024,00312.592.08$49,989
Aug 1998026,31211.301.91$50,186
Jul 199816226,85011.742.24$61,973
Jun 1998027,21711.242.24$60,892
May 1998028,23512.622.21$62,296
Apr 1998024,95013.042.51$62,508
Mar 199817128,50412.802.31$68,017
Feb 1998024,86813.952.30$57,175
Jan 1998028,38414.702.15$61,162
Dec 1997028,70916.322.41$69,220
Nov 199717625,64918.193.09$82,412
Oct 1997027,45619.253.15$86,481
Sep 199717128,65117.742.95$87,694
Aug 1997030,64217.862.55$78,282
Jul 1997029,52017.582.25$66,330
Jun 199716625,63317.242.26$60,721
May 1997027,64518.972.31$63,818
Apr 1997026,57817.882.08$55,356
Mar 199717128,88518.951.94$59,253
Feb 1997026,01620.492.21$57,389
Jan 199716029,59023.483.54$108,497
Dec 1996029,27023.32$0
Nov 1996029,84621.97$0
Oct 199616230,54923.31$3,776
Sep 1996029,27322.22$0
Aug 1996031,34820.26$0
Jul 19967029,79219.55$1,369
Jun 199614329,68918.73$2,678
May 1996231,33719.43$39
Apr 1996030,14021.51$0
Mar 19969931,70619.38$1,919
Feb 1996229,66416.98$34
Jan 1996133,30217.07$17
Dec 1995335,30617.19$52
Nov 19959933,34216.00$1,584
Oct 1995135,85015.43$15
Sep 199511736,19016.18$1,893
Aug 199510440,65915.92$1,656
Jul 19959045,22115.24$1,372
Jun 199512649,07216.41$2,068
May 199513057,32117.56$2,283
Apr 199530063,75317.73$5,319
Mar 199516563,90516.44$2,713
Feb 199514359,74716.58$2,371
Jan 199523565,98615.92$3,741
Dec 199415863,66915.03$2,375
Nov 199414470,18715.90$2,290
Oct 199414474,02515.58$2,244
Sep 1994096815.29$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.

Mar 2016 — as filed, then multipliedworked
Condensate            89 bbl  × $ 33.01 =     $2,938
Gas                    0 Mcf  × $  1.79 =         $0

────────────────────────────────────────────────────
Month total                                   $2,938

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/151441 is the state's own key, not one this site invented.