FAUSTO

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 155501District 04Field 304054002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Jul 1995 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
371
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 Gas221995-10-16 – 1997-02-252 dockets
NGPA2none

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
CondensateDisposition5,059 bbl$151,437
GasProduction814,636 Mcf$2,822,346
Total$2,973,783

103,905 Mcf of this lease's gas, across 18 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 27.4166, -99.3154. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.41660, -99.31541 · 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
10,600 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 10,600 ft.

Completions filed
Oct 1996
1 of 1 wells

1 well

42-47936233310,600 ftOct 1996

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 (371)

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

371 months

May 20260159106.413.05$484
Apr 2026315498.932.87$739
Mar 2026311789.753.15$638
Feb 2026015663.503.75$585
Jan 2026310159.138.00$985
Dec 2025012356.664.41$543
Nov 2025015358.593.93$601
Oct 2025312359.383.30$585
Sep 2025410262.743.08$565
Aug 2025018863.933.01$567
Jul 2025315766.743.32$721
Jun 2025213566.483.13$555
May 2025018760.553.23$604
Apr 2025330662.363.54$1,271
Mar 2025038667.704.27$1,648
Feb 2025329570.884.34$1,493
Jan 2025017474.324.28$744
Dec 2024018068.993.12$562
Nov 2024022969.052.20$503
Oct 2024021371.372.28$486
Sep 2024316669.612.36$601
Aug 2024013275.632.06$272
Jul 2024014079.932.15$301
Jun 2024216478.082.63$588
May 2024020078.812.20$440
Apr 2024012884.451.66$212
Mar 2024019380.301.55$298
Feb 2024015976.091.78$284
Jan 2024220173.023.30$809
Dec 20230071.262.61$0
Nov 2023219877.892.81$712
Oct 2023021985.443.09$676
Sep 2023426289.042.74$1,073
Aug 2023027480.522.67$732
Jul 2023237874.852.64$1,148
Jun 2023011768.962.26$264
May 20230070.622.23$0
Apr 20232078.122.24$156
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 202302576.533.39$85
Dec 2022219376.415.73$1,259
Nov 202206885.005.65$384
Oct 2022223987.185.86$1,576
Sep 20220784.888.16$57
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20222379115.097.98$3,254
May 20222215109.378.43$2,032
Apr 20220449104.226.84$3,070
Mar 20222283108.885.08$1,654
Feb 2022023291.054.86$1,127
Jan 2022231681.844.54$1,598
Dec 2021026071.323.90$1,014
Nov 2021220177.435.24$1,207
Oct 2021217379.795.71$1,148
Sep 2021224169.865.35$1,429
Aug 2021233566.024.22$1,546
Jul 2021229970.783.98$1,332
Jun 2021222869.493.38$910
May 2021016263.483.02$489
Apr 2021229160.362.76$923
Mar 2021024861.302.72$674
Feb 2021219857.805.55$1,214
Jan 2021036850.412.81$1,034
Dec 2020015844.642.68$423
Nov 2020063638.772.71$1,721
Oct 2020062936.972.48$1,559
Sep 2020059837.091.99$1,191
Aug 2020047439.982.39$1,131
Jul 2020048738.371.83$889
Jun 2020051234.901.69$865
May 2020053516.921.81$971
Apr 2020057714.751.80$1,041
Mar 2020065030.341.86$1,207
Feb 2020059249.881.98$1,173
Jan 2020060657.252.09$1,269
Dec 2019055759.012.30$1,284
Nov 2019048255.302.75$1,326
Oct 2019045853.472.42$1,108
Sep 2019040255.052.66$1,068
Aug 2019058153.112.30$1,339
Jul 2019038156.272.46$937
Jun 2019053852.782.49$1,340
May 2019064458.482.74$1,765
Apr 2019048362.632.75$1,329
Mar 2019056756.803.06$1,736
Feb 2019059750.852.79$1,667
Jan 2019064946.033.23$2,095
Dec 2018068046.594.19$2,846
Nov 2018048752.934.24$2,064
Oct 2018038361.443.40$1,301
Sep 2018062359.543.11$1,936
Aug 2018061859.403.07$1,895
Jul 2018071265.142.93$2,088
Jun 2018057260.183.08$1,760
May 2018068865.382.90$1,996
Apr 2018069263.842.90$2,007
Mar 2018066261.222.79$1,845
Feb 2018057761.782.77$1,596
Jan 2018070062.874.01$2,807
Dec 2017060357.272.92$1,762
Nov 2017060155.423.12$1,874
Oct 2017063349.292.98$1,889
Sep 2017066247.523.09$2,044
Aug 2017046045.373.00$1,382
Jul 2017064343.873.09$1,985
Jun 2017065542.493.09$2,022
May 2017066745.373.26$2,177
Apr 2017067147.933.21$2,155
Mar 2017058246.772.98$1,737
Feb 2017059550.452.95$1,757
Jan 2017053549.413.42$1,829
Dec 2016058448.763.72$2,174
Nov 2016059742.492.64$1,579
Oct 2016062546.193.09$1,931
Sep 2016063441.553.10$1,966
Aug 2016066541.442.92$1,945
Jul 2016063641.622.92$1,860
Jun 2016046445.352.69$1,246
May 2016080542.521.99$1,603
Apr 2016362136.561.99$1,346
Mar 2016276933.011.79$1,446
Feb 2016068626.472.06$1,416
Jan 2016373427.352.36$1,817
Dec 2015062432.362.00$1,249
Nov 2015370838.792.17$1,651
Oct 2015366843.552.43$1,752
Sep 2015371742.992.76$2,107
Aug 2015263240.162.87$1,896
Jul 2015067248.152.95$1,979
Jun 2015169856.152.88$2,068
May 2015260655.212.96$1,901
Apr 2015067749.822.71$1,832
Mar 2015080842.892.93$2,371
Feb 2015675244.662.98$2,506
Jan 2015081643.433.10$2,530
Dec 2014496654.693.59$3,688
Nov 2014223970.464.25$1,157
Oct 2014271178.303.90$2,930
Sep 2014077086.164.05$3,115
Aug 20142677489.394.04$5,447
Jul 2014280696.564.18$3,562
Jun 2014378298.164.74$3,999
May 2014084994.734.73$4,013
Apr 2014278395.944.81$3,957
Mar 2014379995.895.06$4,328
Feb 2014067597.406.19$4,180
Jan 2014087690.404.86$4,258
Dec 2013091091.824.35$3,963
Nov 2013385588.853.74$3,463
Oct 2013394097.423.78$3,845
Sep 20133753104.113.72$3,112
Aug 20130888104.253.52$3,128
Jul 20132712102.523.72$2,852
Jun 2013273094.403.93$3,060
May 2013073894.834.15$3,062
Apr 2013276393.964.28$3,456
Mar 2013078293.623.91$3,060
Feb 2013272291.233.42$2,652
Jan 2013079191.603.42$2,705
Dec 2012267586.773.42$2,482
Nov 2012194286.953.62$3,502
Oct 2012398989.383.40$3,630
Sep 2012284794.672.92$2,661
Aug 2012296592.662.91$2,992
Jul 201221,05585.133.02$3,357
Jun 201231,05979.822.52$2,907
May 201231,12891.612.49$3,082
Apr 201231,044101.652.00$2,390
Mar 201241,043105.052.22$2,738
Feb 201221,009101.102.57$2,796
Jan 201231,09498.092.73$3,285
Dec 201101,09396.873.24$3,541
Nov 201121,07095.723.31$3,735
Oct 201121,07484.983.65$4,088
Sep 201151,06283.623.99$4,651
Aug 201101,11583.404.15$4,626
Jul 201131,10894.144.52$5,288
Jun 201121,06492.904.64$5,123
May 201131,11298.134.40$5,193
Apr 201151,121105.964.33$5,387
Mar 201131,13896.364.06$4,906
Feb 201131,01385.644.18$4,491
Jan 2011131,10686.504.59$6,200
Dec 201061,11085.734.35$5,340
Nov 201031,13380.843.80$4,543
Oct 2010388678.103.51$3,343
Sep 201061,07272.633.98$4,702
Aug 2010397773.684.42$4,539
Jul 201031,04372.554.74$5,158
Jun 2010621,07470.364.91$9,636
May 201041,13671.124.24$5,096
Apr 201081,15381.694.12$5,407
Mar 201041,44178.394.39$6,638
Feb 201001,26273.585.44$6,868
Jan 201021,28274.365.96$7,795
Dec 200941,34271.445.48$7,645
Nov 200981,41374.593.75$5,898
Oct 2009111,44272.544.11$6,725
Sep 200951,42365.543.06$4,689
Aug 200961,68067.423.22$5,812
Jul 200931,29661.133.46$4,673
Jun 200951,24366.163.90$5,172
May 200951,27654.743.93$5,283
Apr 200931,34446.773.59$4,962
Mar 200951,45542.144.06$6,117
Feb 200941,41132.814.63$6,668
Jan 200931,67435.865.37$9,099
Dec 200811,61937.105.98$9,714
Nov 200841,22155.496.86$8,598
Oct 200821,29875.246.92$9,135
Sep 200851,203101.767.88$9,985
Aug 200831,328114.228.48$11,608
Jul 200841,130131.0811.39$13,394
Jun 200841,334131.3313.03$17,911
May 200861,442123.1711.57$17,429
Apr 2008731,369110.3110.45$22,365
Mar 200821,443101.909.66$14,149
Feb 200801,38892.538.77$12,174
Jan 200801,31490.388.21$10,782
Dec 200701,48588.337.30$10,843
Nov 200701,51991.677.29$11,076
Oct 200701,45982.856.92$10,099
Sep 200701,44175.846.24$8,998
Aug 200701,59169.066.39$10,163
Jul 200701,45970.906.39$9,320
Jun 2007095262.007.55$7,186
May 200701,43358.747.85$11,244
Apr 200701,50459.617.81$11,739
Mar 200701,48856.927.30$10,865
Feb 2007911,24355.108.22$15,227
Jan 200701,45250.306.73$9,767
Dec 200601,27456.656.92$8,814
Nov 200601,20254.207.62$9,156
Oct 200601,33554.906.01$8,028
Sep 200601,45360.085.04$7,319
Aug 200601,40268.717.34$10,291
Jul 200601,39069.376.34$8,816
Jun 200631,32866.286.38$8,677
May 20068681866.016.42$10,933
Apr 200601,41064.397.36$10,378
Mar 200601,95856.707.08$13,868
Feb 200632,26557.597.75$17,729
Jan 200602,39260.598.93$21,369
Dec 200542,41754.9413.42$32,645
Nov 200502,54554.6910.59$26,947
Oct 20051332,41058.3413.80$41,007
Sep 200502,24461.4512.08$27,105
Aug 200502,55361.519.80$25,011
Jul 200552,75155.697.84$21,856
Jun 200502,69452.337.38$19,885
May 200502,89445.226.65$19,248
Apr 200502,80949.207.36$20,676
Mar 200542,47050.377.15$17,874
Feb 200542,45245.226.31$15,658
Jan 200532,50443.166.32$15,960
Dec 200442,18139.866.75$14,884
Nov 200402,59745.286.33$16,440
Oct 200422,61449.706.52$17,130
Sep 200402,78943.245.28$14,737
Aug 200432,93542.375.55$16,418
Jul 200433,03638.286.08$18,586
Jun 200402,77436.106.43$17,845
May 20041102,90137.486.49$22,964
Apr 200402,52734.475.86$14,804
Mar 200402,94634.365.53$16,292
Feb 200402,92832.455.51$16,132
Jan 200403,05432.036.30$19,239
Dec 200303,41130.266.30$21,495
Nov 20031613,03628.804.60$18,588
Oct 200303,44328.174.76$16,387
Sep 200306,48226.314.75$30,785
Aug 200307,12729.765.13$36,560
Jul 200307,19429.415.17$37,199
Jun 2003052428.565.98$3,135
May 200307,25426.595.97$43,326
Apr 20031532,39526.675.41$17,031
Mar 200304,95231.146.10$30,188
Feb 200302,86133.487.93$22,676
Jan 2003193,13430.315.58$18,070
Dec 20021613,36926.914.85$20,685
Nov 200203,77224.664.14$15,605
Oct 200203,84326.464.23$16,253
Sep 200203,84627.443.64$13,981
Aug 200201,78025.963.16$5,632
Jul 200202,08324.583.06$6,378
Jun 200201,80323.733.34$6,019
May 200202,22724.663.58$7,982
Apr 200203,30423.653.51$11,605
Mar 200203,16022.003.10$9,805
Feb 200203,37718.222.38$8,023
Jan 200206,32217.172.38$15,019
Dec 200103,79816.932.36$8,980
Nov 20011663,37118.072.41$11,109
Oct 200103,38319.782.53$8,555
Sep 2001202,86324.262.25$6,931
Aug 200103,08324.873.05$9,413
Jul 200103,55023.933.20$11,350
Jun 200102,90824.563.82$11,121
May 200102,95225.524.31$12,715
Apr 200103,23524.685.34$17,260
Mar 200103,85424.545.38$20,721
Feb 200103,33027.755.77$19,204
Jan 200103,73727.478.40$31,386
Dec 200003,58926.889.12$32,741
Nov 200004,14232.215.66$23,435
Oct 200054,93631.235.15$25,554
Sep 20001775,35231.875.19$33,399
Aug 200004,90429.644.54$22,268
Jul 200004,45428.534.09$18,216
Jun 200003,76229.304.40$16,542
May 200004,28627.263.68$15,771
Apr 200004,17024.513.12$12,994
Mar 200003,88628.422.86$11,113
Feb 200004,45727.622.73$12,152
Jan 20001734,80425.272.48$16,288
Dec 199904,82024.282.42$11,682
Nov 199904,22023.192.43$10,271
Oct 199904,89720.982.80$13,730
Sep 199904,73821.752.62$12,408
Aug 199905,47719.262.88$15,750
Jul 19991625,05117.892.37$14,881
Jun 199904,83615.942.36$11,423
May 199905,51515.792.32$12,800
Apr 199905,61915.102.21$12,407
Mar 199905,93712.471.84$10,914
Feb 199904,9509.981.82$8,998
Jan 199905,39910.381.90$10,258
Dec 199805,3069.201.77$9,409
Nov 199806,97910.892.19$15,254
Oct 199806,79412.421.97$13,379
Sep 19981615,89912.592.08$14,312
Aug 199806,59311.301.91$12,575
Jul 199806,88311.742.24$15,399
Jun 199806,86811.242.24$15,366
May 199807,41512.622.21$16,360
Apr 199806,92713.042.51$17,354
Mar 19981757,48112.802.31$19,517
Feb 199807,56813.952.30$17,400
Jan 199808,26914.702.15$17,818
Dec 19971758,77916.322.41$24,023
Nov 19971747,76118.193.09$27,133
Oct 199707,98319.253.15$25,145
Sep 19971748,65517.742.95$28,661
Aug 199709,93417.862.55$25,379
Jul 199717610,28517.582.25$26,204
Jun 199718710,35117.242.26$26,588
May 1997012,83818.972.31$29,637
Apr 199717712,61417.882.08$29,437
Mar 199718214,79918.951.94$32,146
Feb 199718415,18020.492.21$37,256
Jan 1997018,46023.483.54$65,343
Dec 199634525,49723.32$8,045
Nov 199654733,56421.97$12,018
Oct 199618915,00823.31$4,406
Sep 199605,36522.22$0
Aug 1996078720.26$0
Jul 1996077019.55$0
Jun 1996081518.73$0
May 1996093019.43$0
Apr 1996081721.51$0
Mar 1996078219.38$0
Feb 1996074716.98$0
Jan 199601,14817.07$0
Dec 199501,28817.19$0
Nov 1995561,47316.00$896
Oct 199502,05015.43$0
Sep 199503,16216.18$0
Aug 199506,41515.92$0
Jul 199503,28715.24$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                  159 Mcf  × $  3.05 =       $484

────────────────────────────────────────────────────
Month total                                     $484

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/155501 is the state's own key, not one this site invented.