SANTOS

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

Gas lease lease 151653District 04Field 304054002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Sep 1994 – May 2026
Value, last 12 filed months
$4 k
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 21 leases and 21 wells, and the rule below applies to all of them.

Discovered
1983-02-08
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 1985-01-04.

The Commission's schedule remark for this field reads: ADMINISTRATIVE ALLOCATION FORMULA SUSPENDED EFF. 04/01/92

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 Gas1none131034
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
CondensateDisposition6,358 bbl$214,359
GasProduction1,627,837 Mcf$5,415,215
Total$5,629,574

438,751 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 27.4215, -99.3040. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.42152, -99.30399 · 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
10,644 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 10,644 ft.

Completions filed
Sep 1994
1 of 1 wells

1 well

42-479360482 T10,644 ftSep 1994

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 2026038106.413.05$116
Apr 2026116598.932.87$572
Mar 202614389.753.15$225
Feb 2026028063.503.75$1,050
Jan 202615759.138.00$515
Dec 202503156.664.41$137
Nov 202502758.593.93$106
Oct 202513059.383.30$159
Sep 202525062.743.08$279
Aug 202505763.933.01$172
Jul 20250466.743.32$13
Jun 202505066.483.13$156
May 202504260.553.23$136
Apr 202513362.363.54$179
Mar 202504267.704.27$179
Feb 202513270.884.34$210
Jan 202503374.324.28$141
Dec 202403468.993.12$106
Nov 202403869.052.20$84
Oct 202403571.372.28$80
Sep 202414169.612.36$167
Aug 202403475.632.06$70
Jul 202403479.932.15$73
Jun 202414078.082.63$183
May 202404578.812.20$99
Apr 202403784.451.66$61
Mar 202404980.301.55$76
Feb 202403976.091.78$70
Jan 202416573.023.30$287
Dec 202308971.262.61$232
Nov 202314877.892.81$213
Oct 202304985.443.09$151
Sep 202315989.042.74$250
Aug 202307180.522.67$190
Jul 202317574.852.64$273
Jun 202303668.962.26$81
May 20230070.622.23$0
Apr 20231078.122.24$78
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230476.533.39$14
Dec 202216276.415.73$432
Nov 202203485.005.65$192
Oct 202204887.185.86$281
Sep 20220284.888.16$16
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 2022087115.097.98$694
May 2022156109.378.43$582
Apr 2022040104.226.84$274
Mar 2022162108.885.08$424
Feb 202205291.054.86$253
Jan 202205581.844.54$250
Dec 202106871.323.90$265
Nov 202103177.435.24$162
Oct 202103179.795.71$177
Sep 202103269.865.35$171
Aug 202104566.024.22$190
Jul 20210170.783.98$4
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210661.302.72$16
Feb 202102557.805.55$139
Jan 202105550.412.81$155
Dec 20200944.642.68$24
Nov 202003038.772.71$81
Oct 202003036.972.48$74
Sep 202003037.091.99$60
Aug 202003139.982.39$74
Jul 202002738.371.83$49
Jun 202002134.901.69$36
May 202002516.921.81$45
Apr 202003014.751.80$54
Mar 202003130.341.86$58
Feb 202003949.881.98$77
Jan 202003557.252.09$73
Dec 201903859.012.30$88
Nov 201903055.302.75$83
Oct 201902653.472.42$63
Sep 201902555.052.66$66
Aug 201902953.112.30$67
Jul 201903056.272.46$74
Jun 201904152.782.49$102
May 201905958.482.74$162
Apr 201903762.632.75$102
Mar 201905056.803.06$153
Feb 201904550.852.79$126
Jan 201905546.033.23$178
Dec 201806046.594.19$251
Nov 201805952.934.24$250
Oct 201804561.443.40$153
Sep 201807559.543.11$233
Aug 201806959.403.07$212
Jul 201802765.142.93$79
Jun 20180660.183.08$18
May 201801365.382.90$38
Apr 20180863.842.90$23
Mar 20180061.222.79$0
Feb 201802361.782.77$64
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 20170347.933.21$10
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160342.492.64$8
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160241.442.92$6
Jul 20160041.622.92$0
Jun 20160145.352.69$3
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160327.352.36$7
Dec 20150332.362.00$6
Nov 20150238.792.17$4
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150140.162.87$3
Jul 20150148.152.95$3
Jun 20152056.152.88$112
May 201551,43255.212.96$4,508
Apr 201501,93249.822.71$5,229
Mar 201501,64842.892.93$4,836
Feb 2015121,40744.662.98$4,723
Jan 201501,79143.433.10$5,553
Dec 201481,72854.693.59$6,643
Nov 201441,34670.464.25$6,005
Oct 201451,54978.303.90$6,434
Sep 201401,65286.164.05$6,683
Aug 2014201,64989.394.04$8,442
Jul 201451,60896.564.18$7,204
Jun 201461,74798.164.74$8,864
May 201401,80394.734.73$8,522
Apr 201451,65595.944.81$8,439
Mar 201461,89595.895.06$10,158
Feb 201401,63897.406.19$10,143
Jan 201401,89890.404.86$9,226
Dec 201301,94091.824.35$8,448
Nov 201361,91988.853.74$7,707
Oct 201362,00497.423.78$8,158
Sep 201361,805104.113.72$7,335
Aug 201301,924104.253.52$6,778
Jul 201372,007102.523.72$8,179
Jun 201372,08594.403.93$8,862
May 201302,32794.834.15$9,655
Apr 201372,23493.964.28$10,225
Mar 201302,56593.623.91$10,037
Feb 201372,38291.233.42$8,785
Jan 201302,62891.603.42$8,988
Dec 201242,44786.773.42$8,716
Nov 201222,71986.953.62$10,030
Oct 201262,23889.383.40$8,145
Sep 201252,20894.672.92$6,917
Aug 201262,51492.662.91$7,867
Jul 201262,94685.133.02$9,410
Jun 201262,92379.822.52$7,842
May 201263,11791.612.49$8,306
Apr 201263,158101.652.00$6,916
Mar 201252,921105.052.22$7,016
Feb 201242,879101.102.57$7,804
Jan 201233,40398.092.73$9,598
Dec 201101,50396.873.24$4,869
Nov 201132,81495.723.31$9,605
Oct 201122,83984.983.65$10,528
Sep 201142,93683.623.99$12,037
Aug 201102,88383.404.15$11,962
Jul 201122,96694.144.52$13,586
Jun 201112,89592.904.64$13,525
May 201103,00898.134.40$13,250
Apr 2011133,485105.964.33$16,479
Mar 201183,65296.364.06$15,588
Feb 201183,12885.644.18$13,760
Jan 2011663,77986.504.59$23,050
Dec 2010153,76185.734.35$17,638
Nov 201073,80580.843.80$15,007
Oct 201074,03078.103.51$14,688
Sep 2010133,61272.633.98$15,318
Aug 201063,52073.684.42$15,998
Jul 201063,58072.554.74$17,392
Jun 201063,63370.364.91$18,262
May 201064,23171.124.24$18,346
Apr 2010104,05581.694.12$17,534
Mar 201054,05278.394.39$18,175
Feb 201003,86373.585.44$21,024
Jan 201023,65274.365.96$21,930
Dec 200943,65171.445.48$20,307
Nov 200973,69174.593.75$14,369
Oct 200933,93772.544.11$16,400
Sep 200913,55665.543.06$10,964
Aug 200923,77567.423.22$12,285
Jul 200973,91661.133.46$13,995
Jun 2009133,74566.163.90$15,447
May 2009953,38454.743.93$18,485
Apr 200983,99346.773.59$14,699
Mar 2009154,54742.144.06$19,088
Feb 200993,54332.814.63$16,710
Jan 200963,90735.865.37$21,200
Dec 2008943,39537.105.98$23,780
Nov 2008123,52655.496.86$24,856
Oct 200864,28975.246.92$30,140
Sep 2008173,911101.767.88$32,537
Aug 2008114,267114.228.48$37,453
Jul 20081034,114131.0811.39$60,357
Jun 2008123,979131.3313.03$53,433
May 2008184,426123.1711.57$53,445
Apr 2008124,239110.3110.45$45,642
Mar 200854,479101.909.66$43,795
Feb 20081123,95192.538.77$45,016
Jan 200804,26490.388.21$34,989
Dec 200704,23988.337.30$30,953
Nov 200704,21091.677.29$30,698
Oct 200704,73082.856.92$32,741
Sep 2007753,90175.846.24$30,046
Aug 200704,56869.066.39$29,180
Jul 200704,19770.906.39$26,810
Jun 200704,24062.007.55$32,005
May 200704,33658.747.85$34,021
Apr 2007994,28459.617.81$39,339
Mar 200704,40456.927.30$32,158
Feb 200703,52355.108.22$28,945
Jan 200704,42450.306.73$29,760
Dec 200605,50756.656.92$38,100
Nov 200605,70854.207.62$43,481
Oct 200604,48354.906.01$26,960
Sep 200604,79760.085.04$24,163
Aug 200615,44068.717.34$39,998
Jul 200605,03669.376.34$31,942
Jun 200685,62666.286.38$36,446
May 200605,87966.016.42$37,773
Apr 200605,26664.397.36$38,760
Mar 200606,09656.707.08$43,177
Feb 20061825,66557.597.75$54,391
Jan 200606,15860.598.93$55,011
Dec 200586,32654.9413.42$85,305
Nov 200505,81254.6910.59$61,540
Oct 200594,63458.3413.80$64,455
Sep 200505,14661.4512.08$62,159
Aug 200505,76561.519.80$56,479
Jul 200594,81355.697.84$38,253
Jun 200505,43552.337.38$40,116
May 200505,67245.226.65$37,725
Apr 200505,39549.207.36$39,710
Mar 200595,28950.377.15$38,295
Feb 200585,41245.226.31$34,522
Jan 200575,55743.166.32$35,435
Dec 200496,54039.866.75$44,511
Nov 200406,29345.286.33$39,837
Oct 200456,41149.706.52$42,017
Sep 200406,54943.245.28$34,604
Aug 200467,23642.375.55$40,419
Jul 200466,98038.286.08$42,697
Jun 2004946,28336.106.43$43,812
May 200406,61737.486.49$42,975
Apr 200406,38434.475.86$37,400
Mar 20041676,22734.365.53$40,174
Feb 200405,64932.455.51$31,124
Jan 200405,99832.036.30$37,785
Dec 200306,52830.266.30$41,137
Nov 200306,19728.804.60$28,476
Oct 200306,95628.174.76$33,108
Sep 200306,82626.314.75$32,419
Aug 200307,41029.765.13$38,011
Jul 20031687,84129.415.17$45,485
Jun 200301,04128.565.98$6,228
May 200307,48026.595.97$44,676
Apr 200307,07426.675.41$38,251
Mar 200307,61931.146.10$46,446
Feb 200307,12033.487.93$56,432
Jan 20031578,40230.315.58$51,659
Dec 200208,08326.914.85$39,233
Nov 200208,47124.664.14$35,044
Oct 200259,90526.464.23$42,022
Sep 20021406,20127.443.64$26,383
Aug 200237,07225.963.16$22,455
Jul 200247,17224.583.06$22,057
Jun 200205,03823.733.34$16,818
May 200207,64624.663.58$27,403
Apr 2002273,17323.653.51$11,783
Mar 2002271,54622.003.10$5,391
Feb 20021852,76518.222.38$9,939
Jan 2002273,80617.172.38$9,505
Dec 200102,15116.932.36$5,086
Nov 2001152,27118.072.41$5,734
Oct 20011901,44419.782.53$7,410
Sep 2001201,49924.262.25$3,860
Aug 200104,86624.873.05$14,857
Jul 200105,16223.933.20$16,503
Jun 200106,49024.563.82$24,819
May 20011727,35825.524.31$36,083
Apr 200105,42924.685.34$28,965
Mar 200105,96324.545.38$32,060
Feb 20011835,15227.755.77$34,790
Jan 200105,58427.478.40$46,899
Dec 2000127,16226.889.12$65,658
Nov 200008,83232.215.66$49,971
Oct 20001897,96731.235.15$46,897
Sep 200037,36531.875.19$38,294
Aug 200068,61529.644.54$39,296
Jul 200006,00528.534.09$24,559
Jun 200007,12929.304.40$31,348
May 20001559,41727.263.68$38,878
Apr 200018,07624.513.12$25,189
Mar 200009,47228.422.86$27,088
Feb 200016810,15327.622.73$32,322
Jan 2000110,89725.272.48$27,055
Dec 1999110,73024.282.42$26,031
Nov 199916310,26823.192.43$28,772
Oct 1999010,70420.982.80$30,011
Sep 199916110,82121.752.62$31,840
Aug 1999010,16219.262.88$29,222
Jul 199915610,58017.892.37$27,891
Jun 1999010,25415.942.36$24,221
May 1999010,72615.792.32$24,895
Apr 199918110,28315.102.21$25,438
Mar 1999011,01912.471.84$20,257
Feb 199909,3789.981.82$17,047
Jan 1999010,10010.381.90$19,190
Dec 199807,9749.201.77$14,140
Nov 199809,93810.892.19$21,722
Oct 199809,35712.421.97$18,426
Sep 1998010,05212.592.08$20,935
Aug 199807,95211.301.91$15,167
Jul 199806,43911.742.24$14,406
Jun 199806,84411.242.24$15,312
May 199808,24512.622.21$18,191
Apr 199808,91913.042.51$22,345
Mar 199809,69512.802.31$22,390
Feb 199809,19013.952.30$21,129
Jan 1998010,16714.702.15$21,908
Dec 199716310,50816.322.41$27,996
Nov 199709,63418.193.09$29,752
Oct 199709,86019.253.15$31,057
Sep 1997010,75317.742.95$31,774
Aug 1997011,02917.862.55$28,176
Jul 1997011,44417.582.25$25,714
Jun 1997010,67417.242.26$24,093
May 1997011,41318.972.31$26,347
Apr 1997011,90017.882.08$24,785
Mar 199709,63718.951.94$18,687
Feb 199717111,00620.492.21$27,782
Jan 199708,68723.483.54$30,749
Dec 1996012,52523.32$0
Nov 199616712,84021.97$3,669
Oct 1996013,14523.31$0
Sep 1996014,09522.22$0
Aug 1996011,28820.26$0
Jul 19966211,71719.55$1,212
Jun 19965311,10818.73$993
May 199608,88019.43$0
Apr 19967311,60621.51$1,570
Mar 19964713,51819.38$911
Feb 1996012,69116.98$0
Jan 199614113,66517.07$2,407
Dec 19955816,91417.19$997
Nov 19956617,49516.00$1,056
Oct 19958915,67915.43$1,373
Sep 19956016,77516.18$971
Aug 199512617,91115.92$2,006
Jul 1995119,13015.24$15
Jun 19957818,83616.41$1,280
May 199512118,83317.56$2,125
Apr 199513420,76917.73$2,376
Mar 199514322,62316.44$2,351
Feb 1995021,86216.58$0
Jan 199527127,07215.92$4,314
Dec 1994018,89415.03$0
Nov 199414918,90915.90$2,369
Oct 1994019,03715.58$0
Sep 1994093415.29$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                   38 Mcf  × $  3.05 =       $116

────────────────────────────────────────────────────
Month total                                     $116

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/151653 is the state's own key, not one this site invented.