FAVORS, C. C. "B"

Operated by SPENCE, RALPH OIL COMPANY, INC. (P-5 809331) in the POKEY (TRAVIS PEAK LOWER 1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 197849District 05Field 72170710CondensateGasSaveExport
Value, all time
$5.0 M
Sep 2003 – Jun 2023
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
238
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1978-06-08
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

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 02/01/98.

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
CondensateDisposition515 bbl$38,432
GasProduction930,099 Mcf$4,977,041
Total$5,015,474

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 31.4171, -96.4916. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.41706, -96.49157 · 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
7,700 ft
1 wells filed one
Completion to plug
19.3 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 7,700 ft.

Completions filed
Nov 2003
1 of 1 wells
Plug dates filed
Feb 2023
1 of 1 wells

Last completion to plug: a median of 19.3 years across the 1 well that filed both dates, with the middle half between 19.3 years and 19.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2933150437,700 ftNov 2003Feb 2023Yes

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 (238)

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

238 months

Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 202330072.852.39$2,186
Feb 20230075.112.47$0
Jan 202306176.533.39$207
Dec 2022013376.415.73$762
Nov 2022018785.005.65$1,056
Oct 2022043887.185.86$2,568
Sep 2022105084.888.16$8,912
Aug 20220094.529.13$0
Jul 20220245101.587.54$1,848
Jun 20220107115.097.98$854
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 2022031981.844.54$1,448
Dec 202101,19271.323.90$4,648
Nov 202102,38077.435.24$12,464
Oct 202101,56079.795.71$8,914
Sep 202101,87969.865.35$10,054
Aug 202102,14966.024.22$9,070
Jul 202102,23670.783.98$8,904
Jun 202102,21469.493.38$7,485
May 202102,12963.483.02$6,425
Apr 202102,08360.362.76$5,746
Mar 202102,63161.302.72$7,148
Feb 202101,11257.805.55$6,169
Jan 202101,96550.412.81$5,522
Dec 202001,62044.642.68$4,334
Nov 202001,91338.772.71$5,178
Oct 202001,98136.972.48$4,910
Sep 202002,14737.091.99$4,275
Aug 202002,10539.982.39$5,021
Jul 202001,93638.371.83$3,533
Jun 202001,98834.901.69$3,360
May 202001,62116.921.81$2,942
Apr 202002,09414.751.80$3,778
Mar 202002,13630.341.86$3,965
Feb 202001,98449.881.98$3,930
Jan 202002,32057.252.09$4,860
Dec 201902,68959.012.30$6,196
Nov 201902,34055.302.75$6,437
Oct 201902,96053.472.42$7,159
Sep 201903,19855.052.66$8,498
Aug 201902,73553.112.30$6,302
Jul 201902,37056.272.46$5,830
Jun 201902,94652.782.49$7,339
May 201902,65258.482.74$7,267
Apr 201903,70662.632.75$10,194
Mar 201903,78756.803.06$11,596
Feb 201903,88050.852.79$10,834
Jan 201901,04746.033.23$3,380
Dec 201801,32746.594.19$5,554
Nov 201802,04752.934.24$8,674
Oct 201802,29061.443.40$7,782
Sep 201802,47259.543.11$7,683
Aug 201802,47259.403.07$7,581
Jul 201802,57365.142.93$7,544
Jun 201803,13860.183.08$9,655
May 201803,01865.382.90$8,755
Apr 2018040263.842.90$1,166
Mar 201802,03161.222.79$5,660
Feb 201802,40961.782.77$6,664
Jan 201803,58862.874.01$14,385
Dec 201703,76057.272.92$10,985
Nov 201703,71555.423.12$11,585
Oct 201703,72149.292.98$11,102
Sep 201703,82447.523.09$11,806
Aug 201702,39845.373.00$7,205
Jul 201703,09043.873.09$9,540
Jun 201702,96342.493.09$9,148
May 201702,98045.373.26$9,725
Apr 201702,61847.933.21$8,408
Mar 201703,03146.772.98$9,044
Feb 201702,90750.452.95$8,583
Jan 201703,36349.413.42$11,497
Dec 201602,20348.763.72$8,201
Nov 201602,80642.492.64$7,420
Oct 201602,40046.193.09$7,417
Sep 2016098341.553.10$3,048
Aug 2016032641.442.92$953
Jul 201602,09741.622.92$6,132
Jun 201601,85345.352.69$4,977
May 201602,07942.521.99$4,139
Apr 201601,46536.561.99$2,917
Mar 201601,84533.011.79$3,310
Feb 201602,47726.472.06$5,112
Jan 201602,58827.352.36$6,119
Dec 201503,45532.362.00$6,915
Nov 201503,10238.792.17$6,723
Oct 201502,97243.552.43$7,212
Sep 201502,51142.992.76$6,926
Aug 201502,97740.162.87$8,551
Jul 201502,97148.152.95$8,750
Jun 201503,26656.152.88$9,415
May 201503,14355.212.96$9,289
Apr 201502,60949.822.71$7,061
Mar 201502,66442.892.93$7,818
Feb 201502,19144.662.98$6,521
Jan 201502,66243.433.10$8,254
Dec 201403,64254.693.59$13,080
Nov 201403,18970.464.25$13,559
Oct 201403,46078.303.90$13,497
Sep 201401,37186.164.05$5,546
Aug 201402,63489.394.04$10,629
Jul 20141793,44596.564.18$31,683
Jun 201403,50198.164.74$16,584
May 201404,03194.734.73$19,053
Apr 201403,81495.944.81$18,342
Mar 201403,87495.895.06$19,590
Feb 201402,42297.406.19$14,997
Jan 201403,43290.404.86$16,682
Dec 201302,91591.824.35$12,693
Nov 201303,20088.853.74$11,963
Oct 201303,21997.423.78$12,166
Sep 201304,235104.113.72$15,745
Aug 201304,484104.253.52$15,795
Jul 201303,235102.523.72$12,027
Jun 201313,73894.403.93$14,797
May 201303,91494.834.15$16,240
Apr 201313,59893.964.28$15,503
Mar 201303,08793.623.91$12,079
Feb 201302,90691.233.42$9,938
Jan 201303,66891.603.42$12,544
Dec 201203,57486.773.42$12,224
Nov 201202,47286.953.62$8,961
Oct 201203,11189.383.40$10,576
Sep 201203,41194.672.92$9,955
Aug 201203,11892.662.91$9,068
Jul 201203,17585.133.02$9,591
Jun 201203,04279.822.52$7,663
May 201202,92191.612.49$7,268
Apr 201202,116101.652.00$4,225
Mar 201203,000105.052.22$6,666
Feb 201202,943101.102.57$7,564
Jan 201203,16998.092.73$8,664
Dec 201103,63496.873.24$11,773
Nov 201104,62495.723.31$15,311
Oct 201104,59984.983.65$16,780
Sep 201114,77683.623.99$19,120
Aug 201101,95983.404.15$8,129
Jul 201102,57494.144.52$11,627
Jun 201112,94692.904.64$13,762
May 201102,84698.134.40$12,536
Apr 201103,222105.964.33$13,962
Mar 201103,57996.364.06$14,521
Feb 201101,59285.644.18$6,655
Jan 2011066786.504.59$3,061
Dec 201002,25185.734.35$9,787
Nov 201002,72480.843.80$10,338
Oct 201002,07278.103.51$7,270
Sep 201013,29772.633.98$13,193
Aug 201003,25273.684.42$14,372
Jul 201003,25672.554.74$15,422
Jun 201003,52270.364.91$17,294
May 201002,95171.124.24$12,498
Apr 201003,13581.694.12$12,925
Mar 201003,86578.394.39$16,962
Feb 201003,08273.585.44$16,773
Jan 201003,72674.365.96$22,222
Dec 200904,64871.445.48$25,488
Nov 200903,92274.593.75$14,713
Oct 200904,22672.544.11$17,370
Sep 200902,21365.543.06$6,782
Aug 200902,65167.423.22$8,532
Jul 200902,06061.133.46$7,137
Jun 200901,56766.163.90$6,103
May 200902,43754.743.93$9,567
Apr 200902,13446.773.59$7,656
Mar 200902,85942.144.06$11,605
Feb 200902,96732.814.63$13,746
Jan 200902,90535.865.37$15,603
Dec 200801,45137.105.98$8,673
Nov 200803,83255.496.86$26,289
Oct 200804,03075.246.92$27,896
Sep 200803,152101.767.88$24,829
Aug 200803,964114.228.48$33,627
Jul 200813,507131.0811.39$40,074
Jun 200802,947131.3313.03$38,407
May 200803,886123.1711.57$44,978
Apr 200803,787110.3110.45$39,593
Mar 200804,017101.909.66$38,821
Feb 200803,41292.538.77$29,925
Jan 200804,63390.388.21$38,017
Dec 200703,94088.337.30$28,770
Nov 200703,75691.677.29$27,388
Oct 200703,91182.856.92$27,072
Sep 200714,50775.846.24$28,218
Aug 200704,16369.066.39$26,593
Jul 200704,21870.906.39$26,944
Jun 200704,28762.007.55$32,360
May 200704,79958.747.85$37,654
Apr 200704,94059.617.81$38,558
Mar 200705,82556.927.30$42,534
Feb 200704,09755.108.22$33,661
Jan 200704,71450.306.73$31,710
Dec 200604,89656.656.92$33,873
Nov 200615,63254.207.62$42,956
Oct 200604,42054.906.01$26,581
Sep 200603,80060.085.04$19,141
Aug 200605,27568.717.34$38,718
Jul 200605,40669.376.34$34,289
Jun 200605,17966.286.38$33,062
May 200606,37366.016.42$40,947
Apr 200606,10464.397.36$44,928
Mar 200606,50256.707.08$46,053
Feb 200605,78257.597.75$44,817
Jan 200606,85860.598.93$61,265
Dec 200505,58054.9413.42$74,858
Nov 200505,88354.6910.59$62,292
Oct 200506,85658.3413.80$94,584
Sep 200505,01061.4512.08$60,516
Aug 200506,16861.519.80$60,427
Jul 200506,40555.697.84$50,239
Jun 200507,08852.337.38$52,317
May 200509,32845.226.65$62,042
Apr 20051868,65349.207.36$72,841
Mar 2005010,15050.377.15$72,622
Feb 200509,28245.226.31$58,587
Jan 200509,96843.166.32$63,020
Dec 200409,65839.866.75$65,202
Nov 2004011,15545.286.33$70,616
Oct 2004013,69949.706.52$89,250
Sep 2004014,13443.245.28$74,683
Aug 2004016,81142.375.55$93,312
Jul 2004017,09038.286.08$103,979
Jun 2004017,79236.106.43$114,456
May 2004020,95437.486.49$136,087
Apr 2004020,03634.475.86$117,380
Mar 2004013,52334.365.53$74,784
Feb 2004020,93932.455.51$115,366
Jan 2004024,29132.036.30$153,025
Dec 2003024,64830.266.30$155,323
Nov 2003513,36328.804.60$61,549
Oct 200324,42528.174.76$21,118
Sep 200302,44526.314.75$11,612

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.

Mar 2023 — as filed, then multipliedworked
Condensate            30 bbl  × $ 72.85 =     $2,186
Gas                    0 Mcf  × $  2.39 =         $0

────────────────────────────────────────────────────
Month total                                   $2,186

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. 05/G/197849 is the state's own key, not one this site invented.