FAVORS, C. C. "B"

Name: FAVORS, C. C. "B" lease production and value, Jun 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 203593District 05Field 72710401CondensateGasSave Export

Value, all time

$1.9 M

Jun 2004 – Jun 2023

Value, last 12 filed months

$45 k

at the published price for each month

Months reported

229

no gaps in the span

Streams

condensate, gas

The POKEY (RODESSA B) field

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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered

2004-06-15

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: “FIELD TYPE CHANGED TO EXEMPT EFF. 12-1-04.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,047 bbl	$67,238
Gas	Production	315,018 Mcf	$1,787,732
Total			$1,854,971

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 31.4098, -96.4886. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.40984, -96.48857 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

7,529 ft

1 wells filed one

Completion to plug

18.7 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 7,529 ft.

Completions filed

Jun 2004

1 of 1 wells

Plug dates filed

Feb 2023

1 of 1 wells

Last completion to plug: a median of 18.7 years across the 1 well that filed both dates, with the middle half between 18.7 years and 18.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29300590	1	7,529 ft	Jun 2004	Feb 2023	Yes

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 (229)

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

229 months


Jun 2023	0	0	68.96	2.26	$0
May 2023	0	0	70.62	2.23	$0
Apr 2023	0	0	78.12	2.24	$0
Mar 2023	30	0	72.85	2.39	$2,186
Feb 2023	0	0	75.11	2.47	$0
Jan 2023	0	373	76.53	3.39	$1,264
Dec 2022	0	688	76.41	5.73	$3,942
Nov 2022	0	630	85.00	5.65	$3,557
Oct 2022	0	550	87.18	5.86	$3,225
Sep 2022	75	1,124	84.88	8.16	$15,542
Aug 2022	0	976	94.52	9.13	$8,908
Jul 2022	0	839	101.58	7.54	$6,328
Jun 2022	0	825	115.09	7.98	$6,581
May 2022	0	733	109.37	8.43	$6,181
Apr 2022	0	643	104.22	6.84	$4,397
Mar 2022	0	722	108.88	5.08	$3,665
Feb 2022	0	582	91.05	4.86	$2,828
Jan 2022	0	311	81.84	4.54	$1,411
Dec 2021	0	608	71.32	3.90	$2,371
Nov 2021	0	591	77.43	5.24	$3,095
Oct 2021	0	565	79.79	5.71	$3,228
Sep 2021	0	545	69.86	5.35	$2,916
Aug 2021	0	623	66.02	4.22	$2,629
Jul 2021	0	688	70.78	3.98	$2,740
Jun 2021	0	756	69.49	3.38	$2,556
May 2021	0	729	63.48	3.02	$2,200
Apr 2021	0	948	60.36	2.76	$2,615
Mar 2021	181	827	61.30	2.72	$13,342
Feb 2021	0	560	57.80	5.55	$3,107
Jan 2021	0	715	50.41	2.81	$2,009
Dec 2020	0	728	44.64	2.68	$1,948
Nov 2020	0	604	38.77	2.71	$1,635
Oct 2020	0	277	36.97	2.48	$687
Sep 2020	0	334	37.09	1.99	$665
Aug 2020	0	379	39.98	2.39	$904
Jul 2020	0	622	38.37	1.83	$1,135
Jun 2020	0	670	34.90	1.69	$1,133
May 2020	0	576	16.92	1.81	$1,045
Apr 2020	0	494	14.75	1.80	$891
Mar 2020	0	554	30.34	1.86	$1,028
Feb 2020	0	542	49.88	1.98	$1,074
Jan 2020	0	776	57.25	2.09	$1,626
Dec 2019	0	773	59.01	2.30	$1,781
Nov 2019	0	926	55.30	2.75	$2,547
Oct 2019	0	749	53.47	2.42	$1,811
Sep 2019	0	759	55.05	2.66	$2,017
Aug 2019	0	952	53.11	2.30	$2,194
Jul 2019	0	933	56.27	2.46	$2,295
Jun 2019	0	868	52.78	2.49	$2,162
May 2019	0	874	58.48	2.74	$2,395
Apr 2019	0	476	62.63	2.75	$1,309
Mar 2019	0	459	56.80	3.06	$1,406
Feb 2019	0	526	50.85	2.79	$1,469
Jan 2019	0	702	46.03	3.23	$2,266
Dec 2018	0	650	46.59	4.19	$2,721
Nov 2018	0	1,053	52.93	4.24	$4,462
Oct 2018	0	826	61.44	3.40	$2,807
Sep 2018	0	937	59.54	3.11	$2,912
Aug 2018	0	606	59.40	3.07	$1,858
Jul 2018	0	788	65.14	2.93	$2,310
Jun 2018	0	783	60.18	3.08	$2,409
May 2018	0	1,074	65.38	2.90	$3,115
Apr 2018	0	720	63.84	2.90	$2,089
Mar 2018	0	821	61.22	2.79	$2,288
Feb 2018	0	693	61.78	2.77	$1,917
Jan 2018	0	661	62.87	4.01	$2,650
Dec 2017	178	597	57.27	2.92	$11,938
Nov 2017	0	833	55.42	3.12	$2,598
Oct 2017	0	717	49.29	2.98	$2,139
Sep 2017	0	832	47.52	3.09	$2,569
Aug 2017	0	1,416	45.37	3.00	$4,254
Jul 2017	0	1,247	43.87	3.09	$3,850
Jun 2017	0	1,150	42.49	3.09	$3,550
May 2017	0	1,149	45.37	3.26	$3,750
Apr 2017	0	801	47.93	3.21	$2,572
Mar 2017	0	1,177	46.77	2.98	$3,512
Feb 2017	0	721	50.45	2.95	$2,129
Jan 2017	0	1,164	49.41	3.42	$3,979
Dec 2016	0	1,607	48.76	3.72	$5,983
Nov 2016	0	1,574	42.49	2.64	$4,162
Oct 2016	0	200	46.19	3.09	$618
Sep 2016	0	5	41.55	3.10	$16
Aug 2016	0	12	41.44	2.92	$35
Jul 2016	0	1	41.62	2.92	$3
Jun 2016	0	2	45.35	2.69	$5
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	6	36.56	1.99	$12
Mar 2016	0	4	33.01	1.79	$7
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	3	27.35	2.36	$7
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	191	43.55	2.43	$463
Sep 2015	0	591	42.99	2.76	$1,630
Aug 2015	113	922	40.16	2.87	$7,187
Jul 2015	0	899	48.15	2.95	$2,648
Jun 2015	0	1,008	56.15	2.88	$2,906
May 2015	0	725	55.21	2.96	$2,143
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	1	43.43	3.10	$3
Dec 2014	0	673	54.69	3.59	$2,417
Nov 2014	0	1,070	70.46	4.25	$4,549
Oct 2014	0	977	78.30	3.90	$3,811
Sep 2014	0	1,282	86.16	4.05	$5,186
Aug 2014	0	1,245	89.39	4.04	$5,024
Jul 2014	0	788	96.56	4.18	$3,294
Jun 2014	0	1,873	98.16	4.74	$8,872
May 2014	0	1,852	94.73	4.73	$8,754
Apr 2014	0	2,068	95.94	4.81	$9,945
Mar 2014	0	2,193	95.89	5.06	$11,090
Feb 2014	0	478	97.40	6.19	$2,960
Jan 2014	0	1,374	90.40	4.86	$6,679
Dec 2013	0	1,011	91.82	4.35	$4,402
Nov 2013	0	443	88.85	3.74	$1,656
Oct 2013	0	227	97.42	3.78	$858
Sep 2013	0	1,250	104.11	3.72	$4,647
Aug 2013	0	631	104.25	3.52	$2,223
Jul 2013	0	675	102.52	3.72	$2,509
Jun 2013	0	48	94.40	3.93	$189
May 2013	0	1,474	94.83	4.15	$6,116
Apr 2013	0	1,640	93.96	4.28	$7,023
Mar 2013	0	1,452	93.62	3.91	$5,681
Feb 2013	0	1,233	91.23	3.42	$4,217
Jan 2013	0	1,431	91.60	3.42	$4,894
Dec 2012	0	1,498	86.77	3.42	$5,123
Nov 2012	0	1,210	86.95	3.62	$4,386
Oct 2012	0	1,480	89.38	3.40	$5,032
Sep 2012	0	1,335	94.67	2.92	$3,896
Aug 2012	176	1,254	92.66	2.91	$19,955
Jul 2012	0	1,246	85.13	3.02	$3,764
Jun 2012	0	1,406	79.82	2.52	$3,542
May 2012	0	1,467	91.61	2.49	$3,650
Apr 2012	0	1,256	101.65	2.00	$2,508
Mar 2012	0	1,234	105.05	2.22	$2,742
Feb 2012	0	1,231	101.10	2.57	$3,164
Jan 2012	0	1,397	98.09	2.73	$3,820
Dec 2011	0	1,409	96.87	3.24	$4,565
Nov 2011	1	1,619	95.72	3.31	$5,457
Oct 2011	0	1,376	84.98	3.65	$5,020
Sep 2011	0	1,587	83.62	3.99	$6,325
Aug 2011	0	1,770	83.40	4.15	$7,344
Jul 2011	0	1,546	94.14	4.52	$6,984
Jun 2011	0	1,862	92.90	4.64	$8,639
May 2011	0	1,795	98.13	4.40	$7,907
Apr 2011	0	1,999	105.96	4.33	$8,662
Mar 2011	0	2,209	96.36	4.06	$8,963
Feb 2011	0	941	85.64	4.18	$3,933
Jan 2011	0	726	86.50	4.59	$3,331
Dec 2010	0	1,605	85.73	4.35	$6,978
Nov 2010	0	1,580	80.84	3.80	$5,997
Oct 2010	0	1,738	78.10	3.51	$6,098
Sep 2010	0	1,856	72.63	3.98	$7,386
Aug 2010	0	1,793	73.68	4.42	$7,924
Jul 2010	0	1,985	72.55	4.74	$9,402
Jun 2010	0	2,023	70.36	4.91	$9,934
May 2010	0	1,870	71.12	4.24	$7,920
Apr 2010	0	1,940	81.69	4.12	$7,998
Mar 2010	0	2,031	78.39	4.39	$8,913
Feb 2010	0	1,851	73.58	5.44	$10,074
Jan 2010	0	1,800	74.36	5.96	$10,735
Dec 2009	0	1,923	71.44	5.48	$10,545
Nov 2009	0	1,988	74.59	3.75	$7,458
Oct 2009	0	2,177	72.54	4.11	$8,948
Sep 2009	0	1,829	65.54	3.06	$5,605
Aug 2009	1	1,827	67.42	3.22	$5,948
Jul 2009	0	1,539	61.13	3.46	$5,332
Jun 2009	0	1,334	66.16	3.90	$5,196
May 2009	0	1,789	54.74	3.93	$7,023
Apr 2009	0	1,610	46.77	3.59	$5,776
Mar 2009	0	1,657	42.14	4.06	$6,726
Feb 2009	0	1,701	32.81	4.63	$7,881
Jan 2009	0	1,870	35.86	5.37	$10,044
Dec 2008	0	1,361	37.10	5.98	$8,135
Nov 2008	0	1,881	55.49	6.86	$12,904
Oct 2008	0	1,990	75.24	6.92	$13,775
Sep 2008	1	1,777	101.76	7.88	$14,099
Aug 2008	0	1,696	114.22	8.48	$14,387
Jul 2008	0	1,764	131.08	11.39	$20,091
Jun 2008	0	1,766	131.33	13.03	$23,016
May 2008	0	2,032	123.17	11.57	$23,519
Apr 2008	0	1,884	110.31	10.45	$19,697
Mar 2008	1	2,087	101.90	9.66	$20,271
Feb 2008	0	1,942	92.53	8.77	$17,032
Jan 2008	0	2,132	90.38	8.21	$17,495
Dec 2007	0	1,940	88.33	7.30	$14,166
Nov 2007	0	1,992	91.67	7.29	$14,525
Oct 2007	0	2,137	82.85	6.92	$14,792
Sep 2007	0	2,155	75.84	6.24	$13,456
Aug 2007	0	2,233	69.06	6.39	$14,264
Jul 2007	0	2,119	70.90	6.39	$13,536
Jun 2007	183	2,124	62.00	7.55	$27,379
May 2007	0	2,559	58.74	7.85	$20,079
Apr 2007	0	2,836	59.61	7.81	$22,136
Mar 2007	0	2,817	56.92	7.30	$20,570
Feb 2007	0	2,175	55.10	8.22	$17,870
Jan 2007	0	2,011	50.30	6.73	$13,528
Dec 2006	0	2,314	56.65	6.92	$16,009
Nov 2006	0	2,134	54.20	7.62	$16,256
Oct 2006	0	2,249	54.90	6.01	$13,525
Sep 2006	0	2,718	60.08	5.04	$13,691
Aug 2006	0	2,671	68.71	7.34	$19,605
Jul 2006	0	2,826	69.37	6.34	$17,925
Jun 2006	0	2,420	66.28	6.38	$15,449
May 2006	0	2,750	66.01	6.42	$17,669
Apr 2006	0	2,447	64.39	7.36	$18,011
Mar 2006	0	2,832	56.70	7.08	$20,059
Feb 2006	0	2,501	57.59	7.75	$19,386
Jan 2006	0	3,259	60.59	8.93	$29,114
Dec 2005	0	3,187	54.94	13.42	$42,755
Nov 2005	0	3,090	54.69	10.59	$32,718
Oct 2005	0	3,530	58.34	13.80	$48,699
Sep 2005	0	3,037	61.45	12.08	$36,684
Aug 2005	0	3,192	61.51	9.80	$31,272
Jul 2005	0	3,531	55.69	7.84	$27,696
Jun 2005	0	3,576	52.33	7.38	$26,395
May 2005	0	3,575	45.22	6.65	$23,778
Apr 2005	0	3,592	49.20	7.36	$26,439
Mar 2005	0	2,586	50.37	7.15	$18,503
Feb 2005	107	3,423	45.22	6.31	$26,444
Jan 2005	0	3,896	43.16	6.32	$24,631
Dec 2004	0	3,941	39.86	6.75	$26,606
Nov 2004	0	4,223	45.28	6.33	$26,733
Oct 2004	0	4,295	49.70	6.52	$27,982
Sep 2004	0	4,089	43.24	5.28	$21,606
Aug 2004	0	4,542	42.37	5.55	$25,211
Jul 2004	0	4,631	38.28	6.08	$28,176
Jun 2004	0	1,123	36.10	6.43	$7,224

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/203593 is the state's own key, not one this site invented.