FOSTER, J. R.

Operated by OCEAN ENERGY, INC. (P-5 617549) in the HAGIST RANCH ( WILCOX LO. 9700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 70530District 04Field 37993481CondensateGasSave
Value, all time
$1.1 M
Jan 1993 – Sep 2002
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
117
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition12,565 bbl$255,896
GasProduction535,984 Mcf$833,794
Total$1,089,690

272,142 Mcf of this lease's gas, across 48 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 28.0315, -98.5992. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03150, -98.59924 · 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
0.0%
0 of 1 wells
Median depth
10,050 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
1100.0%
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.
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 10,050 ft.

Completions filed
Sep 2002
1 of 1 wells

1 well

42-13100133710,050 ftSep 2002Yes

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 (117)

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

117 months

Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 200224023.653.51$568
Mar 2002852,57122.003.10$9,847
Feb 2002534,15018.222.38$10,825
Jan 2002214,44817.172.38$10,928
Dec 20011249316.932.36$1,369
Nov 20012318618.072.41$863
Oct 20013721519.782.53$1,276
Sep 2001381,35124.262.25$3,963
Aug 20011402,80224.873.05$12,037
Jul 20018021923.933.20$2,615
Jun 20012535,55724.563.82$27,465
May 20012345,86825.524.31$31,247
Apr 20011663,64224.685.34$23,528
Mar 20013725,42324.545.38$38,285
Feb 20012505,29127.755.77$37,451
Jan 20011723,03527.478.40$30,215
Dec 20001102,04226.889.12$21,585
Nov 20001544,77832.215.66$31,994
Oct 20002666,63331.235.15$42,437
Sep 20003207,20231.875.19$47,552
Aug 20001476,43429.644.54$33,572
Jul 2000976,36028.534.09$28,778
Jun 20001456,04029.304.40$30,808
May 20002207,69127.263.68$34,298
Apr 20002408,74724.513.12$33,138
Mar 200042510,46628.422.86$42,009
Feb 20002839,59927.622.73$33,988
Jan 20002372525.272.48$2,380
Dec 1999916124.282.42$609
Nov 199935423.192.43$201
Oct 199935320.982.80$212
Sep 1999106121.752.62$377
Aug 19991554419.262.88$1,853
Jul 19994389217.892.37$2,885
Jun 19991343,45415.942.36$10,295
May 19991555,19015.792.32$14,494
Apr 19991315,56715.102.21$14,270
Mar 19991565,64112.471.84$12,315
Feb 19991134,1889.981.82$8,741
Jan 19991814,88910.381.90$11,168
Dec 19981555,1899.201.77$10,628
Nov 19981565,05210.892.19$12,741
Oct 19981414,67412.421.97$10,955
Sep 19981654,07212.592.08$10,558
Aug 19981054,36711.301.91$9,516
Jul 19981534,53411.742.24$11,940
Jun 19981304,42511.242.24$11,361
May 19981584,44512.622.21$11,801
Apr 19981394,12613.042.51$12,150
Mar 19981504,12912.802.31$11,456
Feb 1998593,62713.952.30$9,162
Jan 19981734,22814.702.15$11,654
Dec 19971634,42116.322.41$13,320
Nov 19971974,66018.193.09$17,975
Oct 19972024,77319.253.15$18,923
Sep 19971704,98717.742.95$17,752
Aug 19972445,31317.862.55$17,931
Jul 19972295,38617.582.25$16,128
Jun 19971264,90517.242.26$13,244
May 19971564,83518.972.31$14,121
Apr 19971214,78917.882.08$12,138
Mar 19971804,52018.951.94$12,176
Feb 19971504,62120.492.21$13,267
Jan 19971365,10223.483.54$21,253
Dec 19961734,74223.32$4,034
Nov 19961584,56321.97$3,471
Oct 19961494,65323.31$3,473
Sep 19961814,51922.22$4,022
Aug 19961474,46520.26$2,978
Jul 19961444,71519.55$2,815
Jun 19962024,60318.73$3,783
May 19961274,80319.43$2,468
Apr 19961534,78721.51$3,291
Mar 19961165,01419.38$2,248
Feb 199605,11716.98$0
Jan 199605,53617.07$0
Dec 199505,55917.19$0
Nov 199505,52316.00$0
Oct 199505,60215.43$0
Sep 199505,40616.18$0
Aug 199505,51715.92$0
Jul 199505,35515.24$0
Jun 199505,19916.41$0
May 199505,36317.56$0
Apr 199505,15817.73$0
Mar 199505,21916.44$0
Feb 199504,88216.58$0
Jan 199504,42515.92$0
Dec 199405,44815.03$0
Nov 199404,30415.90$0
Oct 199405,75915.58$0
Sep 199405,77315.29$0
Aug 199406,18016.13$0
Jul 199405,28217.56$0
Jun 199405,23417.09$0
May 199404,38115.88$0
Apr 199405,01014.14$0
Mar 199405,31512.46$0
Feb 199405,71312.50$0
Jan 199407,90612.66$0
Dec 199305,15612.33$0
Nov 199307,74014.49$0
Oct 199305,09015.85$0
Sep 19931276,91215.03$1,909
Aug 199318210,14415.66$2,850
Jul 19931813,63415.46$2,798
Jun 19932729,24016.79$4,567
May 19931894,76417.68$3,342
Apr 19933018,85018.05$5,433
Mar 19931537,02218.14$2,775
Feb 19932365,86217.90$4,224
Jan 199327310,69816.93$4,622

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 2002 — as filed, then multipliedworked
Condensate            24 bbl  × $ 23.65 =       $568
Gas                    0 Mcf  × $  3.51 =         $0

────────────────────────────────────────────────────
Month total                                     $568

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/70530 is the state's own key, not one this site invented.