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 176793District 04Field 304054002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Feb 2000 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
316
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 Gas112000-05-18141651
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
CondensateDisposition1,713 bbl$84,091
GasProduction909,039 Mcf$4,304,010
Total$4,388,100

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 27.4181, -99.3115. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.41809, -99.31147 · 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
10,500 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 10,500 ft.

Completions filed
Oct 2004
1 of 1 wells

1 well

42-47937394510,500 ftOct 2004

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 (316)

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

316 months

May 20260126106.413.05$384
Apr 2026212298.932.87$548
Mar 202629389.753.15$472
Feb 2026012763.503.75$476
Jan 202628359.138.00$782
Dec 202509556.664.41$419
Nov 2025011558.593.93$452
Oct 2025210159.383.30$453
Sep 202537762.743.08$425
Aug 2025014063.933.01$422
Jul 2025214566.743.32$614
Jun 202518366.483.13$326
May 2025011360.553.23$365
Apr 2025222062.363.54$904
Mar 2025027767.704.27$1,182
Feb 2025221270.884.34$1,062
Jan 2025012974.324.28$552
Dec 2024013368.993.12$415
Nov 2024013269.052.20$290
Oct 2024012371.372.28$281
Sep 2024210269.612.36$380
Aug 202406675.632.06$136
Jul 202406379.932.15$135
Jun 202417478.082.63$273
May 2024012078.812.20$264
Apr 202406084.451.66$100
Mar 2024010980.301.55$168
Feb 2024013176.091.78$234
Jan 2024116073.023.30$601
Dec 20230071.262.61$0
Nov 2023118577.892.81$597
Oct 2023020485.443.09$630
Sep 2023121989.042.74$688
Aug 2023017580.522.67$468
Jul 2023121174.852.64$632
Jun 2023010968.962.26$246
May 20230070.622.23$0
Apr 20231078.122.24$78
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230876.533.39$27
Dec 202216676.415.73$455
Nov 202202885.005.65$158
Oct 202217787.185.86$539
Sep 20220384.888.16$24
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20221170115.097.98$1,471
May 2022197109.378.43$927
Apr 20220248104.226.84$1,696
Mar 20221118108.885.08$708
Feb 2022013291.054.86$641
Jan 2022114981.844.54$758
Dec 202108671.323.90$335
Nov 202114777.435.24$324
Oct 202116079.795.71$423
Sep 202115369.865.35$353
Aug 202119166.024.22$450
Jul 202119770.783.98$457
Jun 202118369.493.38$350
May 202105763.483.02$172
Apr 202117460.362.76$264
Mar 2021013361.302.72$361
Feb 202117557.805.55$474
Jan 2021012650.412.81$354
Dec 20203844.642.68$155
Nov 2020552138.772.71$1,604
Oct 2020424236.972.48$748
Sep 2020627237.091.99$764
Aug 2020038239.982.39$911
Jul 2020622238.371.83$635
Jun 2020458134.901.69$1,122
May 2020018216.921.81$330
Apr 2020424014.751.80$492
Mar 2020529330.341.86$696
Feb 2020426849.881.98$730
Jan 2020536757.252.09$1,055
Dec 2019534259.012.30$1,083
Nov 2019040155.302.75$1,103
Oct 2019521953.472.42$797
Sep 2019420355.052.66$760
Aug 2019459253.112.30$1,577
Jul 2019037656.272.46$925
Jun 2019341152.782.49$1,182
May 2019553058.482.74$1,745
Apr 2019545162.632.75$1,554
Mar 2019026856.803.06$821
Feb 2019451950.852.79$1,653
Jan 2019037746.033.23$1,217
Dec 2018549046.594.19$2,284
Nov 2018534452.934.24$1,722
Oct 2018044261.443.40$1,502
Sep 2018521959.543.11$978
Aug 2018460659.403.07$2,096
Jul 2018068865.142.93$2,017
Jun 2018428660.183.08$1,121
May 2018455565.382.90$1,871
Apr 2018459363.842.90$1,976
Mar 2018470761.222.79$2,215
Feb 2018043361.782.77$1,198
Jan 2018480862.874.01$3,491
Dec 2017051457.272.92$1,502
Nov 2017445155.423.12$1,628
Oct 2017482549.292.98$2,659
Sep 2017443947.523.09$1,545
Aug 2017028845.373.00$865
Jul 2017338343.873.09$1,314
Jun 2017157142.493.09$1,805
May 2017065045.373.26$2,121
Apr 2017467447.933.21$2,356
Mar 2017051246.772.98$1,528
Feb 2017251150.452.95$1,610
Jan 2017268949.413.42$2,454
Dec 2016061548.763.72$2,290
Nov 2016249042.492.64$1,381
Oct 2016060646.193.09$1,873
Sep 2016262241.553.10$2,012
Aug 2016264341.442.92$1,963
Jul 2016071041.622.92$2,076
Jun 2016261245.352.69$1,734
May 2016077942.521.99$1,551
Apr 2016360836.561.99$1,320
Mar 2016370133.011.79$1,357
Feb 201601,14326.472.06$2,359
Jan 2016319727.352.36$548
Dec 2015066332.362.00$1,327
Nov 2015395638.792.17$2,188
Oct 2015341843.552.43$1,145
Sep 2015264342.992.76$1,860
Aug 2015246040.162.87$1,402
Jul 2015054448.152.95$1,602
Jun 2015179756.152.88$2,354
May 2015231455.212.96$1,038
Apr 2015076149.822.71$2,060
Mar 2015080842.892.93$2,371
Feb 2015659444.662.98$2,036
Jan 201501,01643.433.10$3,150
Dec 2014472054.693.59$2,805
Nov 2014275970.464.25$3,368
Oct 2014395178.303.90$3,945
Sep 201401,03986.164.05$4,203
Aug 20144664289.394.04$6,702
Jul 2014275496.564.18$3,345
Jun 2014367798.164.74$3,501
May 2014099594.734.73$4,703
Apr 2014387095.944.81$4,472
Mar 201421,08195.895.06$5,658
Feb 2014074197.406.19$4,588
Jan 2014049490.404.86$2,401
Dec 2013078791.824.35$3,427
Nov 2013390488.853.74$3,646
Oct 201331,15297.423.78$4,646
Sep 20133749104.113.72$3,097
Aug 201301,197104.253.52$4,217
Jul 20132591102.523.72$2,402
Jun 2013272494.403.93$3,037
May 2013086794.834.15$3,597
Apr 2013290493.964.28$4,059
Mar 2013065793.623.91$2,571
Feb 201321,34991.233.42$4,796
Jan 2013031791.603.42$1,084
Dec 2012261486.773.42$2,274
Nov 2012188786.953.62$3,302
Oct 201231,08189.383.40$3,943
Sep 2012296894.672.92$3,014
Aug 201231,05292.662.91$3,337
Jul 201231,07885.133.02$3,512
Jun 201231,40179.822.52$3,769
May 2012388191.612.49$2,467
Apr 201231,234101.652.00$2,769
Mar 201241,283105.052.22$3,271
Feb 201231,179101.102.57$3,334
Jan 201221,34898.092.73$3,882
Dec 201101,27696.873.24$4,134
Nov 201131,24495.723.31$4,406
Oct 201121,09084.983.65$4,147
Sep 201171,25983.623.99$5,603
Aug 201101,37783.404.15$5,714
Jul 201151,41794.144.52$6,872
Jun 201131,35192.904.64$6,547
May 201141,42898.134.40$6,683
Apr 201171,491105.964.33$7,203
Mar 201141,40996.364.06$6,102
Feb 201141,29985.644.18$5,772
Jan 201101,53686.504.59$7,048
Dec 201091,53885.734.35$7,458
Nov 201041,58180.843.80$6,324
Oct 201041,57578.103.51$5,839
Sep 201091,53172.633.98$6,746
Aug 201051,45673.684.42$6,803
Jul 201051,51772.554.74$7,548
Jun 20101141,50470.364.91$15,406
May 201061,62371.124.24$7,300
Apr 2010121,63081.694.12$7,700
Mar 201061,84778.394.39$8,576
Feb 201001,61673.585.44$8,795
Jan 201031,74574.365.96$10,630
Dec 200971,63971.445.48$9,488
Nov 2009131,58274.593.75$6,905
Oct 2009211,81472.544.11$8,979
Sep 2009101,43565.543.06$5,053
Aug 2009101,68067.423.22$6,081
Jul 200931,49161.133.46$5,349
Jun 200951,60166.163.90$6,567
May 200951,05054.743.93$4,396
Apr 200931,62846.773.59$5,981
Mar 200951,23542.144.06$5,224
Feb 200951,77132.814.63$8,369
Jan 200932,04335.865.37$11,081
Dec 200821,35537.105.98$8,173
Nov 200881,73955.496.86$12,374
Oct 200843,01975.246.92$21,198
Sep 200871,518101.767.88$12,670
Aug 200851,573114.228.48$13,915
Jul 200861,879131.0811.39$22,187
Jun 200872,045131.3313.03$27,571
May 200892,335123.1711.57$28,135
Apr 200851,544110.3110.45$16,694
Mar 200832,251101.909.66$22,060
Feb 200801,93992.538.77$17,006
Jan 200802,13590.388.21$17,519
Dec 200702,15088.337.30$15,699
Nov 200702,29791.677.29$16,749
Oct 200702,34282.856.92$16,211
Sep 200702,48775.846.24$15,529
Aug 200702,81769.066.39$17,995
Jul 200702,52170.906.39$16,104
Jun 200702,63662.007.55$19,898
May 200702,77258.747.85$21,750
Apr 200702,65559.617.81$20,723
Mar 200702,73656.927.30$19,978
Feb 200702,94455.108.22$24,188
Jan 200702,62250.306.73$17,638
Dec 200603,52456.656.92$24,381
Nov 200602,71354.207.62$20,666
Oct 200602,90854.906.01$17,488
Sep 200602,99060.085.04$15,061
Aug 200613,09768.717.34$22,800
Jul 200603,17869.376.34$20,157
Jun 200653,03766.286.38$19,719
May 200603,14066.016.42$20,175
Apr 200602,98364.397.36$21,956
Mar 200603,46756.707.08$24,556
Feb 200653,64857.597.75$28,564
Jan 200603,04760.598.93$27,220
Dec 200563,45754.9413.42$46,707
Nov 200503,96654.6910.59$41,994
Oct 2005713,32658.3413.80$50,027
Sep 200502,63361.4512.08$31,804
Aug 200503,22061.519.80$31,546
Jul 200562,96855.697.84$23,614
Jun 200503,31152.337.38$24,439
May 200503,41345.226.65$22,700
Apr 200503,12949.207.36$23,031
Mar 200563,35950.377.15$24,335
Feb 200563,06345.226.31$19,605
Jan 20051783,99643.166.32$32,946
Dec 200453,98439.866.75$27,096
Nov 200403,83745.286.33$24,290
Oct 200411,61049.706.52$10,539
Sep 20040043.245.28$0
Aug 200443,79642.375.55$21,240
Jul 200443,94638.286.08$24,161
Jun 200404,17336.106.43$26,845
May 200404,16537.486.49$27,050
Apr 200404,31534.475.86$25,279
Mar 200404,75934.365.53$26,318
Feb 20041244,79732.455.51$30,453
Jan 200405,98632.036.30$37,710
Dec 2003010,73930.266.30$67,673
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 200303,03529.765.13$15,569
Jul 200305,44429.415.17$28,150
Jun 2003041128.565.98$2,459
May 200305,57226.595.97$33,280
Apr 20031505,35126.675.41$32,935
Mar 200306,29731.146.10$38,387
Feb 200304,70333.487.93$37,275
Jan 200335,41430.315.58$30,312
Dec 200205,38026.914.85$26,113
Nov 200205,79524.664.14$23,974
Oct 20021665,79326.464.23$28,892
Sep 200205,90527.443.64$21,466
Aug 200205,90725.963.16$18,691
Jul 200205,99624.583.06$18,358
Jun 200206,20323.733.34$20,707
May 200207,27524.663.58$26,074
Apr 200208,24823.653.51$28,970
Mar 200207,94122.003.10$24,639
Feb 200208,90518.222.38$21,155
Jan 20024414,80017.172.38$35,916
Dec 200109,05816.932.36$21,417
Nov 200108,55118.072.41$20,570
Oct 200108,20119.782.53$20,739
Sep 200107,63724.262.25$17,193
Aug 200108,60424.873.05$26,269
Jul 2001014,15723.933.20$45,261
Jun 2001413,37924.563.82$51,262
May 2001316,72725.524.31$72,125
Apr 2001117,17324.685.34$91,648
Mar 2001510,51524.545.38$56,656
Feb 200119115,02027.755.77$91,922
Jan 20011120,70027.478.40$174,157
Dec 200009,20526.889.12$83,973
Nov 20001315,14032.215.66$86,081
Oct 2000016,01931.235.15$82,426
Sep 2000017,29731.875.19$89,711
Aug 2000020,30429.644.54$92,195
Jul 2000023,93228.534.09$97,876
Jun 2000030,03729.304.40$132,080
May 2000042,22427.263.68$155,374
Apr 2000062,48424.513.12$194,700
Mar 2000051,90928.422.86$148,447
Feb 2000427,80727.622.73$75,926

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                  126 Mcf  × $  3.05 =       $384

────────────────────────────────────────────────────
Month total                                     $384

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/176793 is the state's own key, not one this site invented.