FOWLER, B. M. 303

Name: FOWLER, B. M. 303 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by UNION OIL COMPANY OF CALIFORNIA (P-5 876520) in the VAN (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3216District 05Field 93042166NGPA filingOilCasinghead gasSave Export

Value, all time

$1.2 M

Jan 1993 – Jan 2011

Value, last 12 filed months

at the published price for each month

Months reported

217

no gaps in the span

Streams

oil, casinghead gas

The VAN (AUSTIN CHALK) 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 66 leases and 277 wells, and the rule below applies to all of them.

Discovered

1969-11-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

125 ft

minimum

From a lease line

100 ft

minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 1997-12-05.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 09/01/2004.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	33,411 bbl	$940,785
Casinghead gas	Production	65,765 Mcf	$249,369
Total			$1,190,154

12,520 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 (2)

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 32.5318, -95.6305. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.53180, -95.63047 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

2,792 ft

2 wells filed one

Completion to plug

21.4 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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

Between 2,556 and 3,028 ft, median 2,792 ft, over the 2 wells that filed a depth.

Completions filed

Mar 1988 – Nov 1990

2 of 2 wells

Plug dates filed

Nov 2010 – Dec 2010

2 of 2 wells

Last completion to plug: a median of 21.4 years across the 2 wells that filed both dates, with the middle half between 20.7 years and 22.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-46730810	5	2,556 ft	Nov 1990	Nov 2010	Yes
42-46700659	2	3,028 ft	Mar 1988	Dec 2010	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 (217)

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

217 months


Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	55	74.59	3.75	$206
Oct 2009	1	0	72.54	4.11	$73
Sep 2009	11	67	65.54	3.06	$926
Aug 2009	35	166	67.42	3.22	$2,894
Jul 2009	31	46	61.13	3.46	$2,054
Jun 2009	59	76	66.16	3.90	$4,199
May 2009	82	204	54.74	3.93	$5,290
Apr 2009	103	336	46.77	3.59	$6,023
Mar 2009	184	294	42.14	4.06	$8,947
Feb 2009	95	328	32.81	4.63	$4,637
Jan 2009	103	388	35.86	5.37	$5,778
Dec 2008	100	340	37.10	5.98	$5,742
Nov 2008	108	328	55.49	6.86	$8,243
Oct 2008	111	344	75.24	6.92	$10,733
Sep 2008	128	220	101.76	7.88	$14,758
Aug 2008	102	202	114.22	8.48	$13,364
Jul 2008	101	286	131.08	11.39	$16,496
Jun 2008	88	284	131.33	13.03	$15,258
May 2008	86	308	123.17	11.57	$14,158
Apr 2008	108	296	110.31	10.45	$15,008
Mar 2008	141	26	101.90	9.66	$14,619
Feb 2008	115	184	92.53	8.77	$12,255
Jan 2008	105	214	90.38	8.21	$11,246
Dec 2007	106	247	88.33	7.30	$11,167
Nov 2007	104	299	91.67	7.29	$11,714
Oct 2007	110	192	82.85	6.92	$10,443
Sep 2007	112	211	75.84	6.24	$9,812
Aug 2007	135	289	69.06	6.39	$11,169
Jul 2007	209	310	70.90	6.39	$16,798
Jun 2007	28	273	62.00	7.55	$3,797
May 2007	5	261	58.74	7.85	$2,342
Apr 2007	6	228	59.61	7.81	$2,137
Mar 2007	2	262	56.92	7.30	$2,027
Feb 2007	11	243	55.10	8.22	$2,603
Jan 2007	45	317	50.30	6.73	$4,396
Dec 2006	10	248	56.65	6.92	$2,282
Nov 2006	3	314	54.20	7.62	$2,554
Oct 2006	13	60	54.90	6.01	$1,075
Sep 2006	75	0	60.08	5.04	$4,506
Aug 2006	109	252	68.71	7.34	$9,339
Jul 2006	114	260	69.37	6.34	$9,557
Jun 2006	109	372	66.28	6.38	$9,599
May 2006	115	404	66.01	6.42	$10,187
Apr 2006	116	388	64.39	7.36	$10,325
Mar 2006	120	380	56.70	7.08	$9,496
Feb 2006	116	312	57.59	7.75	$9,099
Jan 2006	135	368	60.59	8.93	$11,467
Dec 2005	88	296	54.94	13.42	$8,806
Nov 2005	97	260	54.69	10.59	$8,058
Oct 2005	119	378	58.34	13.80	$12,157
Sep 2005	112	350	61.45	12.08	$11,110
Aug 2005	117	394	61.51	9.80	$11,057
Jul 2005	118	466	55.69	7.84	$10,227
Jun 2005	111	476	52.33	7.38	$9,322
May 2005	126	450	45.22	6.65	$8,691
Apr 2005	148	336	49.20	7.36	$9,755
Mar 2005	172	336	50.37	7.15	$11,068
Feb 2005	162	274	45.22	6.31	$9,055
Jan 2005	196	316	43.16	6.32	$10,457
Dec 2004	85	400	39.86	6.75	$6,089
Nov 2004	135	346	45.28	6.33	$8,303
Oct 2004	182	622	49.70	6.52	$13,098
Sep 2004	168	464	43.24	5.28	$9,716
Aug 2004	184	499	42.37	5.55	$10,566
Jul 2004	123	369	38.28	6.08	$6,954
Jun 2004	37	424	36.10	6.43	$4,063
May 2004	120	208	37.48	6.49	$5,848
Apr 2004	135	231	34.47	5.86	$6,007
Mar 2004	151	70	34.36	5.53	$5,575
Feb 2004	172	308	32.45	5.51	$7,278
Jan 2004	198	321	32.03	6.30	$8,364
Dec 2003	157	385	30.26	6.30	$7,177
Nov 2003	32	412	28.80	4.60	$2,815
Oct 2003	103	266	28.17	4.76	$4,168
Sep 2003	78	301	26.31	4.75	$3,482
Aug 2003	86	357	29.76	5.13	$4,391
Jul 2003	108	258	29.41	5.17	$4,510
Jun 2003	105	323	28.56	5.98	$4,931
May 2003	102	383	26.59	5.97	$5,000
Apr 2003	86	321	26.67	5.41	$4,029
Mar 2003	92	316	31.14	6.10	$4,791
Feb 2003	82	286	33.48	7.93	$5,012
Jan 2003	104	327	30.31	5.58	$4,978
Dec 2002	104	279	26.91	4.85	$4,153
Nov 2002	87	252	24.66	4.14	$3,188
Oct 2002	146	302	26.46	4.23	$5,140
Sep 2002	88	277	27.44	3.64	$3,422
Aug 2002	98	317	25.96	3.16	$3,547
Jul 2002	95	259	24.58	3.06	$3,128
Jun 2002	98	226	23.73	3.34	$3,080
May 2002	143	122	24.66	3.58	$3,964
Apr 2002	122	178	23.65	3.51	$3,510
Mar 2002	113	151	22.00	3.10	$2,955
Feb 2002	101	169	18.22	2.38	$2,242
Jan 2002	107	200	17.17	2.38	$2,312
Dec 2001	111	207	16.93	2.36	$2,369
Nov 2001	105	195	18.07	2.41	$2,366
Oct 2001	113	190	19.78	2.53	$2,716
Sep 2001	71	228	24.26	2.25	$2,236
Aug 2001	106	203	24.87	3.05	$3,256
Jul 2001	103	149	23.93	3.20	$2,941
Jun 2001	107	173	24.56	3.82	$3,290
May 2001	141	211	25.52	4.31	$4,507
Apr 2001	48	161	24.68	5.34	$2,044
Mar 2001	101	212	24.54	5.38	$3,618
Feb 2001	102	154	27.75	5.77	$3,719
Jan 2001	106	177	27.47	8.40	$4,398
Dec 2000	524	168	26.88	9.12	$15,618
Nov 2000	113	203	32.21	5.66	$4,788
Oct 2000	134	229	31.23	5.15	$5,363
Sep 2000	141	201	31.87	5.19	$5,536
Aug 2000	133	178	29.64	4.54	$4,750
Jul 2000	134	151	28.53	4.09	$4,441
Jun 2000	124	176	29.30	4.40	$4,407
May 2000	118	217	27.26	3.68	$4,015
Apr 2000	117	227	24.51	3.12	$3,575
Mar 2000	134	228	28.42	2.86	$4,460
Feb 2000	135	212	27.62	2.73	$4,307
Jan 2000	147	201	25.27	2.48	$4,213
Dec 1999	143	197	24.28	2.42	$3,950
Nov 1999	142	200	23.19	2.43	$3,780
Oct 1999	150	236	20.98	2.80	$3,809
Sep 1999	166	215	21.75	2.62	$4,174
Aug 1999	211	220	19.26	2.88	$4,696
Jul 1999	127	226	17.89	2.37	$2,808
Jun 1999	137	240	15.94	2.36	$2,751
May 1999	158	209	15.79	2.32	$2,980
Apr 1999	154	328	15.10	2.21	$3,050
Mar 1999	156	409	12.47	1.84	$2,697
Feb 1999	152	472	9.98	1.82	$2,375
Jan 1999	228	519	10.38	1.90	$3,353
Dec 1998	95	502	9.20	1.77	$1,764
Nov 1998	221	522	10.89	2.19	$3,548
Oct 1998	209	375	12.42	1.97	$3,334
Sep 1998	181	569	12.59	2.08	$3,464
Aug 1998	343	666	11.30	1.91	$5,146
Jul 1998	412	664	11.74	2.24	$6,322
Jun 1998	410	753	11.24	2.24	$6,293
May 1998	550	762	12.62	2.21	$8,622
Apr 1998	332	905	13.04	2.51	$6,597
Mar 1998	360	745	12.80	2.31	$6,329
Feb 1998	383	545	13.95	2.30	$6,596
Jan 1998	352	592	14.70	2.15	$6,450
Dec 1997	376	672	16.32	2.41	$7,757
Nov 1997	289	446	18.19	3.09	$6,634
Oct 1997	373	742	19.25	3.15	$9,517
Sep 1997	414	869	17.74	2.95	$9,912
Aug 1997	461	978	17.86	2.55	$10,732
Jul 1997	476	1,087	17.58	2.25	$10,811
Jun 1997	478	1,106	17.24	2.26	$10,737
May 1997	594	1,861	18.97	2.31	$15,564
Apr 1997	743	739	17.88	2.08	$14,824
Mar 1997	416	739	18.95	1.94	$9,316
Feb 1997	427	758	20.49	2.21	$10,421
Jan 1997	518	783	23.48	3.54	$14,934
Dec 1996	644	1,126	23.32	—	$15,018
Nov 1996	595	1,043	21.97	—	$13,072
Oct 1996	821	1,493	23.31	—	$19,138
Sep 1996	555	310	22.22	—	$12,332
Aug 1996	474	479	20.26	—	$9,603
Jul 1996	49	198	19.55	—	$958
Jun 1996	157	282	18.73	—	$2,941
May 1996	202	240	19.43	—	$3,925
Apr 1996	219	277	21.51	—	$4,711
Mar 1996	270	281	19.38	—	$5,233
Feb 1996	237	317	16.98	—	$4,024
Jan 1996	300	323	17.07	—	$5,121
Dec 1995	414	384	17.19	—	$7,117
Nov 1995	80	113	16.00	—	$1,280
Oct 1995	78	123	15.43	—	$1,204
Sep 1995	88	154	16.18	—	$1,424
Aug 1995	90	154	15.92	—	$1,433
Jul 1995	88	148	15.24	—	$1,341
Jun 1995	96	208	16.41	—	$1,575
May 1995	103	125	17.56	—	$1,809
Apr 1995	54	129	17.73	—	$957
Mar 1995	108	183	16.44	—	$1,776
Feb 1995	96	150	16.58	—	$1,592
Jan 1995	103	147	15.92	—	$1,640
Dec 1994	100	184	15.03	—	$1,503
Nov 1994	95	182	15.90	—	$1,511
Oct 1994	90	190	15.58	—	$1,402
Sep 1994	105	204	15.29	—	$1,605
Aug 1994	114	230	16.13	—	$1,839
Jul 1994	114	217	17.56	—	$2,002
Jun 1994	118	247	17.09	—	$2,017
May 1994	129	234	15.88	—	$2,049
Apr 1994	130	258	14.14	—	$1,838
Mar 1994	130	250	12.46	—	$1,620
Feb 1994	94	97	12.50	—	$1,175
Jan 1994	125	87	12.66	—	$1,583
Dec 1993	141	99	12.33	—	$1,739
Nov 1993	143	92	14.49	—	$2,072
Oct 1993	161	130	15.85	—	$2,552
Sep 1993	132	158	15.03	—	$1,984
Aug 1993	149	143	15.66	—	$2,333
Jul 1993	165	114	15.46	—	$2,551
Jun 1993	199	144	16.79	—	$3,341
May 1993	235	133	17.68	—	$4,155
Apr 1993	209	131	18.05	—	$3,772
Mar 1993	155	202	18.14	—	$2,812
Feb 1993	168	184	17.90	—	$3,007
Jan 1993	186	223	16.93	—	$3,149

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.

Nov 2009 — as filed, then multipliedworked

Oil                    0 bbl  × $ 74.59 =         $0
Casinghead gas        55 Mcf  × $  3.75 =       $206

────────────────────────────────────────────────────
Month total                                     $206

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/O/3216 is the state's own key, not one this site invented.