MARSTERS

Operated by FORMATION RESOUR FIELD SVCS, LLC (P-5 100566) in the NAN-SU-GAIL (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 229233District 05Field 644092102 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
May 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
229
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 300 leases and 300 wells, and the rule below applies to all of them.

Discovered
2002-10-08
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2016-10-11.

The Commission's schedule remark for this field reads: BETWEEN WELL SPACING.

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 Gas112007-10-30177870
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
CondensateDisposition39 bbl$3,320
GasProduction293,568 Mcf$1,717,025
Total$1,720,345

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 31.7978, -96.1971. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.79780, -96.19715 · 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
12,001 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 12,001 ft.

Completions filed
May 2007
1 of 1 wells

1 well

42-16133753112,001 ftMay 2007

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

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 202206384.888.16$514
Aug 202204994.529.13$447
Jul 2022035101.587.54$264
Jun 2022041115.097.98$327
May 2022065109.378.43$548
Apr 2022038104.226.84$260
Mar 20220154108.885.08$782
Feb 20220091.054.86$0
Jan 2022013781.844.54$622
Dec 2021011871.323.90$460
Nov 2021011777.435.24$613
Oct 2021012479.795.71$709
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210170.783.98$4
Jun 2021013169.493.38$443
May 20210063.483.02$0
Apr 202106260.362.76$171
Mar 202107461.302.72$201
Feb 202107757.805.55$427
Jan 20210050.412.81$0
Dec 202007944.642.68$211
Nov 202005738.772.71$154
Oct 202006536.972.48$161
Sep 2020019037.091.99$378
Aug 20200439.982.39$10
Jul 2020016138.371.83$294
Jun 202009334.901.69$157
May 2020015816.921.81$287
Apr 2020025714.751.80$464
Mar 2020035530.341.86$659
Feb 2020040949.881.98$810
Jan 2020049157.252.09$1,029
Dec 2019036459.012.30$839
Nov 2019045455.302.75$1,249
Oct 2019043653.472.42$1,054
Sep 2019016855.052.66$446
Aug 2019046253.112.30$1,065
Jul 2019063056.272.46$1,550
Jun 2019039152.782.49$974
May 2019042758.482.74$1,170
Apr 2019048162.632.75$1,323
Mar 2019045356.803.06$1,387
Feb 2019029850.852.79$832
Jan 2019043146.033.23$1,391
Dec 2018082246.594.19$3,440
Nov 2018050752.934.24$2,148
Oct 2018052661.443.40$1,787
Sep 2018070159.543.11$2,179
Aug 2018033759.403.07$1,033
Jul 2018067665.142.93$1,982
Jun 2018059060.183.08$1,815
May 2018049565.382.90$1,436
Apr 2018035463.842.90$1,027
Mar 201806261.222.79$173
Feb 2018060461.782.77$1,671
Jan 2018088962.874.01$3,564
Dec 2017041557.272.92$1,212
Nov 2017065655.423.12$2,046
Oct 2017069949.292.98$2,086
Sep 2017075147.523.09$2,319
Aug 2017049945.373.00$1,499
Jul 2017073243.873.09$2,260
Jun 201705842.493.09$179
May 2017011945.373.26$388
Apr 2017048847.933.21$1,567
Mar 2017086346.772.98$2,575
Feb 2017041750.452.95$1,231
Jan 2017037949.413.42$1,296
Dec 2016072148.763.72$2,684
Nov 2016069342.492.64$1,833
Oct 2016090946.193.09$2,809
Sep 2016039641.553.10$1,228
Aug 2016064241.442.92$1,877
Jul 2016068541.622.92$2,003
Jun 2016029345.352.69$787
May 2016044942.521.99$894
Apr 2016071936.561.99$1,432
Mar 2016076333.011.79$1,369
Feb 2016086226.472.06$1,779
Jan 2016091427.352.36$2,161
Dec 2015058332.362.00$1,167
Nov 2015073238.792.17$1,586
Oct 2015012243.552.43$296
Sep 2015076142.992.76$2,099
Aug 2015054340.162.87$1,560
Jul 2015062648.152.95$1,844
Jun 2015047956.152.88$1,381
May 2015039955.212.96$1,179
Apr 2015044749.822.71$1,210
Mar 2015055842.892.93$1,638
Feb 201501,01444.662.98$3,018
Jan 201501,29943.433.10$4,028
Dec 2014087254.693.59$3,132
Nov 2014057870.464.25$2,458
Oct 2014078378.303.90$3,054
Sep 2014096286.164.05$3,892
Aug 201401,06089.394.04$4,277
Jul 201401,02496.564.18$4,280
Jun 2014094098.164.74$4,453
May 201401,32194.734.73$6,244
Apr 201401,04295.944.81$5,011
Mar 2014090995.895.06$4,597
Feb 2014044297.406.19$2,737
Jan 2014067590.404.86$3,281
Dec 2013044691.824.35$1,942
Nov 2013090088.853.74$3,364
Oct 2013099197.423.78$3,745
Sep 20130673104.113.72$2,502
Aug 20130602104.253.52$2,121
Jul 20130661102.523.72$2,457
Jun 20130094.403.93$0
May 2013067494.834.15$2,796
Apr 201301,13993.964.28$4,878
Mar 201301,17493.623.91$4,594
Feb 201301,42091.233.42$4,856
Jan 201301,04091.603.42$3,557
Dec 201201,39586.773.42$4,771
Nov 201201,16286.953.62$4,212
Oct 201201,22489.383.40$4,161
Sep 201201,50494.672.92$4,389
Aug 201201,46492.662.91$4,258
Jul 2012391,11185.133.02$6,676
Jun 201201,28379.822.52$3,232
May 201201,60991.612.49$4,004
Apr 201201,526101.652.00$3,047
Mar 201201,429105.052.22$3,175
Feb 201201,195101.102.57$3,071
Jan 201201,52498.092.73$4,167
Dec 20110896.873.24$26
Nov 2011013095.723.31$430
Oct 2011025084.983.65$912
Sep 2011036483.623.99$1,451
Aug 2011016183.404.15$668
Jul 201101,44994.144.52$6,545
Jun 201106792.904.64$311
May 2011043298.134.40$1,903
Apr 20110565105.964.33$2,448
Mar 2011098996.364.06$4,013
Feb 201101,07485.644.18$4,489
Jan 201101,09886.504.59$5,038
Dec 201001,24285.734.35$5,400
Nov 201001,55080.843.80$5,883
Oct 201002,21078.103.51$7,755
Sep 201001,81672.633.98$7,227
Aug 201001,26073.684.42$5,568
Jul 201001,68272.554.74$7,967
Jun 201002,71870.364.91$13,346
May 201002,60871.124.24$11,045
Apr 201001,54681.694.12$6,374
Mar 201002,19078.394.39$9,611
Feb 201002,62273.585.44$14,270
Jan 201003,31074.365.96$19,741
Dec 200902,10971.445.48$11,565
Nov 200903,38474.593.75$12,695
Oct 200903,25172.544.11$13,362
Sep 200903,16565.543.06$9,700
Aug 200903,39567.423.22$10,927
Jul 200904,17961.133.46$14,478
Jun 200902,96766.163.90$11,556
May 200904,55054.743.93$17,862
Apr 200903,93946.773.59$14,131
Mar 200902,19542.144.06$8,910
Feb 200903,62132.814.63$16,776
Jan 200902,77635.865.37$14,910
Dec 200803,59637.105.98$21,494
Nov 200802,42855.496.86$16,657
Oct 200802,57675.246.92$17,831
Sep 200803,832101.767.88$30,185
Aug 200804,852114.228.48$41,160
Jul 200804,711131.0811.39$53,656
Jun 200805,512131.3313.03$71,836
May 200806,624123.1711.57$76,668
Apr 200806,588110.3110.45$68,877
Mar 200804,394101.909.66$42,464
Feb 200805,16892.538.77$45,326
Jan 200804,86490.388.21$39,913
Dec 200706,91688.337.30$50,500
Nov 200706,34491.677.29$46,259
Oct 200709,06082.856.92$62,713
Sep 2007010,37275.846.24$64,764
Aug 2007013,37269.066.39$85,420
Jul 2007017,01870.906.39$108,710
Jun 2007021,57162.007.55$162,828
May 200709,29658.747.85$72,939

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.

Sep 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 84.88 =         $0
Gas                   63 Mcf  × $  8.16 =       $514

────────────────────────────────────────────────────
Month total                                     $514

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/229233 is the state's own key, not one this site invented.