FARIAS UNIT

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

Gas lease lease 265182District 04Field 20837333GasSaveExport
Value, all time
$975 k
Feb 2012 – Jan 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
120
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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
1944-06-19
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 2000-11-09.

The Commission's schedule remark for this field reads: FIELD CHANGED TO CAPACITY PER AOF 1 AND AOF2 FORMS RECD 5/13/15;

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
GasProduction272,609 Mcf$975,101
Total$975,101

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 26.3531, -98.6293. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.35306, -98.62932 · 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
2,988 ft
1 wells filed one
Completion to plug
9.9 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 2,988 ft.

Completions filed
Feb 2012
1 of 1 wells
Plug dates filed
Jan 2022
1 of 1 wells

Last completion to plug: a median of 9.9 years across the 1 well that filed both dates, with the middle half between 9.9 years and 9.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4273454162,988 ftFeb 2012Jan 2022Yes

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 (120)

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

120 months

Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 20175843.873.09$179
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 201737049.413.42$1,265
Dec 201617148.763.72$637
Nov 20161,67042.492.64$4,416
Oct 20161,70446.193.09$5,266
Sep 201694041.553.10$2,915
Aug 201650741.442.92$1,483
Jul 20161,88141.622.92$5,501
Jun 20161,85145.352.69$4,971
May 20162,50842.521.99$4,994
Apr 20162,46436.561.99$4,906
Mar 20162,59133.011.79$4,648
Feb 20162,58426.472.06$5,332
Jan 20164,02327.352.36$9,512
Dec 20154,05732.362.00$8,120
Nov 20154,14838.792.17$8,990
Oct 20154,48643.552.43$10,886
Sep 20154,17842.992.76$11,525
Aug 20154,19340.162.87$12,044
Jul 20154,31448.152.95$12,705
Jun 20154,61556.152.88$13,304
May 20154,73755.212.96$14,000
Apr 20154,33549.822.71$11,733
Mar 20154,93542.892.93$14,483
Feb 20154,81444.662.98$14,327
Jan 20155,31743.433.10$16,486
Dec 20145,25954.693.59$18,887
Nov 20144,92970.464.25$20,957
Oct 20144,52178.303.90$17,636
Sep 20143,73686.164.05$15,114
Aug 20146,78689.394.04$27,382
Jul 20147,80196.564.18$32,605
Jun 20147,26298.164.74$34,399
May 20147,64794.734.73$36,144
Apr 20147,21295.944.81$34,683
Mar 20147,65595.895.06$38,710
Feb 20146,67797.406.19$41,344
Jan 20147,18490.404.86$34,919
Dec 20136,13591.824.35$26,715
Nov 20136,59988.853.74$24,669
Oct 20136,90997.423.78$26,112
Sep 20135,674104.113.72$21,094
Aug 20136,111104.253.52$21,527
Jul 20136,322102.523.72$23,504
Jun 20136,01594.403.93$23,659
May 20135,90494.834.15$24,496
Apr 20135,90893.964.28$25,302
Mar 20136,11693.623.91$23,931
Feb 20135,13591.233.42$17,561
Jan 20135,17591.603.42$17,698
Dec 20126,53386.773.42$22,344
Nov 20125,56786.953.62$20,180
Oct 20126,09089.383.40$20,704
Sep 20126,40694.672.92$18,695
Aug 20126,68692.662.91$19,444
Jul 20126,19685.133.02$18,717
Jun 20124,40979.822.52$11,106
May 20121,51691.612.49$3,772
Apr 20122,118101.652.00$4,229
Mar 2012711105.052.22$1,580
Feb 2012254101.102.57$653

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.

Jul 2017 — as filed, then multipliedworked
Gas                   58 Mcf  × $  3.09 =       $179

────────────────────────────────────────────────────
Month total                                     $179

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/265182 is the state's own key, not one this site invented.