FARIAS UNIT

Operated by NEUHAUS, V. F. PROPERTIES, INC. (P-5 605917) in the CORTEZ (1600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 154298District 04Field 20837490GasSaveExport
Value, all time
$448 k
Mar 1995 – May 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
231
no gaps in the span
Streams
1
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1995-03-06
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

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
GasProduction152,452 Mcf$448,018
Total$448,018

43,706 Mcf of this lease's gas, across 22 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 26.3543, -98.6343. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.35428, -98.63433 · 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
1,995 ft
1 wells filed one
Completion to plug
19.2 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 1,995 ft.

Completions filed
Mar 1995
1 of 1 wells
Plug dates filed
May 2014
1 of 1 wells

Last completion to plug: a median of 19.2 years across the 1 well that filed both dates, with the middle half between 19.2 years and 19.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4273272141,995 ftMar 1995May 2014Yes

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 (231)

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

231 months

May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 2008204110.3110.45$2,133
Mar 2008269101.909.66$2,600
Feb 200824192.538.77$2,114
Jan 200829390.388.21$2,404
Dec 200737188.337.30$2,709
Nov 200735691.677.29$2,596
Oct 200726182.856.92$1,807
Sep 200722575.846.24$1,405
Aug 200731069.066.39$1,980
Jul 200741370.906.39$2,638
Jun 200738062.007.55$2,868
May 200742058.747.85$3,295
Apr 200741159.617.81$3,208
Mar 200746156.927.30$3,366
Feb 200741355.108.22$3,393
Jan 200742050.306.73$2,825
Dec 200643356.656.92$2,996
Nov 200633154.207.62$2,521
Oct 200635854.906.01$2,153
Sep 200641860.085.04$2,106
Aug 200651268.717.34$3,758
Jul 200649869.376.34$3,159
Jun 200640466.286.38$2,579
May 200638166.016.42$2,448
Apr 200644064.397.36$3,239
Mar 200654456.707.08$3,853
Feb 200649057.597.75$3,798
Jan 200653460.598.93$4,770
Dec 200549954.9413.42$6,694
Nov 200550854.6910.59$5,379
Oct 200544758.3413.80$6,167
Sep 200553561.4512.08$6,462
Aug 200559561.519.80$5,829
Jul 200561255.697.84$4,800
Jun 200563752.337.38$4,702
May 200565645.226.65$4,363
Apr 200562249.207.36$4,578
Mar 200564150.377.15$4,586
Feb 200560245.226.31$3,800
Jan 200575343.166.32$4,761
Dec 200461239.866.75$4,132
Nov 200465045.286.33$4,115
Oct 200456349.706.52$3,668
Sep 200453843.245.28$2,843
Aug 200437342.375.55$2,070
Jul 200440438.286.08$2,458
Jun 200436036.106.43$2,316
May 200451037.486.49$3,312
Apr 200442934.475.86$2,513
Mar 200445334.365.53$2,505
Feb 200443732.455.51$2,408
Jan 200443532.036.30$2,740
Dec 200346430.266.30$2,924
Nov 200345228.804.60$2,077
Oct 200347828.174.76$2,275
Sep 200349226.314.75$2,337
Aug 200352429.765.13$2,688
Jul 200361729.415.17$3,190
Jun 200356628.565.98$3,386
May 200337726.595.97$2,252
Apr 200341926.675.41$2,266
Mar 200344531.146.10$2,713
Feb 200349033.487.93$3,884
Jan 200353130.315.58$2,964
Dec 200263026.914.85$3,058
Nov 200262224.664.14$2,573
Oct 200251026.464.23$2,157
Sep 200274927.443.64$2,723
Aug 200270825.963.16$2,240
Jul 200279624.583.06$2,437
Jun 200276523.733.34$2,554
May 200269424.663.58$2,487
Apr 200268723.653.51$2,413
Mar 200273122.003.10$2,268
Feb 200271218.222.38$1,691
Jan 200271017.172.38$1,687
Dec 200175516.932.36$1,785
Nov 200174818.072.41$1,799
Oct 200185119.782.53$2,152
Sep 200182124.262.25$1,848
Aug 200187524.873.05$2,672
Jul 200189423.933.20$2,858
Jun 200191824.563.82$3,511
May 200190325.524.31$3,890
Apr 200183924.685.34$4,476
Mar 200189924.545.38$4,833
Feb 200189227.755.77$5,144
Jan 200194627.478.40$7,945
Dec 200094726.889.12$8,639
Nov 200096232.215.66$5,443
Oct 20001,05331.235.15$5,418
Sep 200097231.875.19$5,041
Aug 200098229.644.54$4,459
Jul 20001,07628.534.09$4,401
Jun 20001,03129.304.40$4,534
May 20001,12127.263.68$4,125
Apr 20001,01424.513.12$3,160
Mar 20001,03628.422.86$2,963
Feb 20001,13127.622.73$3,084
Jan 20001,25625.272.48$3,116
Dec 19991,22324.282.42$2,964
Nov 199996123.192.43$2,339
Oct 19991,03420.982.80$2,899
Sep 19991,04021.752.62$2,724
Aug 19991,09119.262.88$3,137
Jul 19991,09517.892.37$2,598
Jun 19991,14215.942.36$2,698
May 19991,14315.792.32$2,653
Apr 19991,15615.102.21$2,553
Mar 19991,16312.471.84$2,138
Feb 19991,1229.981.82$2,040
Jan 19991,25310.381.90$2,381
Dec 19981,2499.201.77$2,215
Nov 19981,13810.892.19$2,487
Oct 19981,25712.421.97$2,475
Sep 19981,27312.592.08$2,651
Aug 19981,31011.301.91$2,499
Jul 19981,16211.742.24$2,600
Jun 19981,06311.242.24$2,378
May 19981,23712.622.21$2,729
Apr 19981,24913.042.51$3,129
Mar 19981,36512.802.31$3,152
Feb 19981,28913.952.30$2,964
Jan 19981,50314.702.15$3,239
Dec 19971,45316.322.41$3,503
Nov 19971,54318.193.09$4,765
Oct 19971,64019.253.15$5,166
Sep 19971,62017.742.95$4,787
Aug 19971,71317.862.55$4,376
Jul 19971,70217.582.25$3,824
Jun 19971,68117.242.26$3,794
May 19971,70518.972.31$3,936
Apr 19971,63117.882.08$3,397
Mar 19971,56918.951.94$3,043
Feb 19971,54920.492.21$3,417
Jan 19971,66923.483.54$5,908
Dec 19961,69923.32$0
Nov 19961,66521.97$0
Oct 19961,74423.31$0
Sep 19961,73022.22$0
Aug 19961,80820.26$0
Jul 19961,41119.55$0
Jun 19961,79418.73$0
May 19961,90119.43$0
Apr 19961,95821.51$0
Mar 19961,89219.38$0
Feb 19961,90216.98$0
Jan 19962,09717.07$0
Dec 19952,08917.19$0
Nov 19952,04916.00$0
Oct 19952,18215.43$0
Sep 19952,13616.18$0
Aug 19952,35215.92$0
Jul 19952,46115.24$0
Jun 19952,39016.41$0
May 19952,60817.56$0
Apr 19952,87517.73$0
Mar 199596316.44$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.

Apr 2008 — as filed, then multipliedworked
Gas                  204 Mcf  × $ 10.45 =     $2,133

────────────────────────────────────────────────────
Month total                                   $2,133

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/154298 is the state's own key, not one this site invented.