FAIRCLOTH ESTATE

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

Operated by PALMER PETROLEUM INC. (P-5 636222) in the KILGORE, SW. (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 108942District 06Field 49212700NGPA filingCondensateGasSave Export

Value, all time

$2.5 M

Jan 1993 – Oct 2013

Value, last 12 filed months

$59 k

at the published price for each month

Months reported

250

no gaps in the span

Streams

condensate, gas

The KILGORE, SW. (TRAVIS PEAK) 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 9 leases and 10 wells, and the rule below applies to all of them.

Discovered

1984-01-18

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1984-09-24.

The Commission's schedule remark for this field reads: “TEMP. RULES MADE PERMANENT 10-6-86 PER DKT. #6-86994”

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
Condensate	Disposition	13,804 bbl	$519,388
Gas	Production	767,612 Mcf	$1,939,460
Total			$2,458,848

331,926 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 32.2794, -94.8714. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27942, -94.87137 · 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

7,701 ft

1 wells filed one

Completion to plug

29.8 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 7,701 ft.

Completions filed

Jan 1984

1 of 1 wells

Plug dates filed

Oct 2013

1 of 1 wells

Last completion to plug: a median of 29.8 years across the 1 well that filed both dates, with the middle half between 29.8 years and 29.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-40131638	2	7,701 ft	Jan 1984	Oct 2013	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 (250)

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

250 months


Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	159	2	102.52	3.72	$16,308
Jun 2013	0	242	94.40	3.93	$952
May 2013	0	4	94.83	4.15	$17
Apr 2013	0	396	93.96	4.28	$1,696
Mar 2013	0	1,419	93.62	3.91	$5,552
Feb 2013	0	1,374	91.23	3.42	$4,699
Jan 2013	194	1,637	91.60	3.42	$23,369
Dec 2012	0	674	86.77	3.42	$2,305
Nov 2012	0	1,039	86.95	3.62	$3,766
Oct 2012	0	885	89.38	3.40	$3,009
Sep 2012	0	1,634	94.67	2.92	$4,769
Aug 2012	159	1,774	92.66	2.91	$19,892
Jul 2012	1	1,512	85.13	3.02	$4,653
Jun 2012	0	1,921	79.82	2.52	$4,839
May 2012	0	1,692	91.61	2.49	$4,210
Apr 2012	0	1,778	101.65	2.00	$3,550
Mar 2012	179	1,606	105.05	2.22	$22,373
Feb 2012	0	1,563	101.10	2.57	$4,017
Jan 2012	3	1,773	98.09	2.73	$5,142
Dec 2011	161	2,145	96.87	3.24	$22,545
Nov 2011	0	1,560	95.72	3.31	$5,166
Oct 2011	0	1,822	84.98	3.65	$6,648
Sep 2011	0	1,242	83.62	3.99	$4,950
Aug 2011	0	1,509	83.40	4.15	$6,261
Jul 2011	0	1,573	94.14	4.52	$7,106
Jun 2011	0	1,603	92.90	4.64	$7,438
May 2011	0	1,337	98.13	4.40	$5,889
Apr 2011	4	193	105.96	4.33	$1,260
Mar 2011	168	1,187	96.36	4.06	$21,005
Feb 2011	0	1,016	85.64	4.18	$4,247
Jan 2011	0	1,311	86.50	4.59	$6,016
Dec 2010	1	1,361	85.73	4.35	$6,003
Nov 2010	178	1,148	80.84	3.80	$18,747
Oct 2010	0	1,174	78.10	3.51	$4,119
Sep 2010	0	497	72.63	3.98	$1,978
Aug 2010	0	1,313	73.68	4.42	$5,803
Jul 2010	0	1,517	72.55	4.74	$7,185
Jun 2010	179	1,493	70.36	4.91	$19,926
May 2010	2	1,351	71.12	4.24	$5,864
Apr 2010	0	1,076	81.69	4.12	$4,436
Mar 2010	3	1,070	78.39	4.39	$4,931
Feb 2010	1	1,014	73.58	5.44	$5,592
Jan 2010	0	1,056	74.36	5.96	$6,298
Dec 2009	0	1,511	71.44	5.48	$8,286
Nov 2009	0	1,188	74.59	3.75	$4,457
Oct 2009	0	1,327	72.54	4.11	$5,454
Sep 2009	173	1,350	65.54	3.06	$15,476
Aug 2009	0	1,219	67.42	3.22	$3,923
Jul 2009	0	1,274	61.13	3.46	$4,414
Jun 2009	0	1,086	66.16	3.90	$4,230
May 2009	0	1,176	54.74	3.93	$4,617
Apr 2009	0	1,113	46.77	3.59	$3,993
Mar 2009	0	1,426	42.14	4.06	$5,788
Feb 2009	0	1,431	32.81	4.63	$6,630
Jan 2009	0	1,672	35.86	5.37	$8,980
Dec 2008	1	1,304	37.10	5.98	$7,831
Nov 2008	0	1,590	55.49	6.86	$10,908
Oct 2008	184	1,683	75.24	6.92	$25,494
Sep 2008	1	1,421	101.76	7.88	$11,295
Aug 2008	0	1,740	114.22	8.48	$14,760
Jul 2008	0	1,852	131.08	11.39	$21,093
Jun 2008	0	686	131.33	13.03	$8,940
May 2008	0	1,645	123.17	11.57	$19,040
Apr 2008	178	1,882	110.31	10.45	$39,311
Mar 2008	0	2,456	101.90	9.66	$23,735
Feb 2008	0	927	92.53	8.77	$8,130
Jan 2008	0	191	90.38	8.21	$1,567
Dec 2007	187	1,440	88.33	7.30	$27,033
Nov 2007	0	1,504	91.67	7.29	$10,967
Oct 2007	0	1,505	82.85	6.92	$10,418
Sep 2007	177	1,471	75.84	6.24	$22,609
Aug 2007	0	1,473	69.06	6.39	$9,409
Jul 2007	0	1,663	70.90	6.39	$10,623
Jun 2007	0	1,517	62.00	7.55	$11,451
May 2007	0	1,824	58.74	7.85	$14,312
Apr 2007	183	1,749	59.61	7.81	$24,560
Mar 2007	0	1,799	56.92	7.30	$13,136
Feb 2007	178	1,583	55.10	8.22	$22,814
Jan 2007	0	1,418	50.30	6.73	$9,539
Dec 2006	2	1,731	56.65	6.92	$12,089
Nov 2006	1	1,180	54.20	7.62	$9,043
Oct 2006	0	1,322	54.90	6.01	$7,950
Sep 2006	0	1,578	60.08	5.04	$7,949
Aug 2006	178	1,557	68.71	7.34	$23,659
Jul 2006	0	1,848	69.37	6.34	$11,721
Jun 2006	0	1,639	66.28	6.38	$10,463
May 2006	170	1,619	66.01	6.42	$21,624
Apr 2006	0	1,670	64.39	7.36	$12,292
Mar 2006	0	2,032	56.70	7.08	$14,392
Feb 2006	1	1,802	57.59	7.75	$14,025
Jan 2006	1	1,922	60.59	8.93	$17,230
Dec 2005	195	2,930	54.94	13.42	$50,020
Nov 2005	0	2,197	54.69	10.59	$23,263
Oct 2005	179	2,170	58.34	13.80	$40,380
Sep 2005	1	1,916	61.45	12.08	$23,205
Aug 2005	182	2,198	61.51	9.80	$32,728
Jul 2005	2	1,513	55.69	7.84	$11,979
Jun 2005	173	2,007	52.33	7.38	$23,867
May 2005	3	2,449	45.22	6.65	$16,424
Apr 2005	0	2,120	49.20	7.36	$15,604
Mar 2005	182	1,791	50.37	7.15	$21,982
Feb 2005	181	2,171	45.22	6.31	$21,888
Jan 2005	0	161	43.16	6.32	$1,018
Dec 2004	187	62	39.86	6.75	$7,872
Nov 2004	183	41	45.28	6.33	$8,546
Oct 2004	0	2	49.70	6.52	$13
Sep 2004	178	1,432	43.24	5.28	$15,263
Aug 2004	0	1,956	42.37	5.55	$10,857
Jul 2004	1	2,345	38.28	6.08	$14,306
Jun 2004	173	2,154	36.10	6.43	$20,102
May 2004	0	2,037	37.48	6.49	$13,229
Apr 2004	176	2,450	34.47	5.86	$20,420
Mar 2004	0	2,505	34.36	5.53	$13,853
Feb 2004	0	2,473	32.45	5.51	$13,625
Jan 2004	190	2,569	32.03	6.30	$22,269
Dec 2003	192	2,662	30.26	6.30	$22,585
Nov 2003	0	2,461	28.80	4.60	$11,309
Oct 2003	192	2,533	28.17	4.76	$17,465
Sep 2003	0	2,605	26.31	4.75	$12,372
Aug 2003	0	2,832	29.76	5.13	$14,527
Jul 2003	0	2,475	29.41	5.17	$12,798
Jun 2003	0	3,646	28.56	5.98	$21,814
May 2003	192	3,471	26.59	5.97	$25,836
Apr 2003	186	2,793	26.67	5.41	$20,063
Mar 2003	0	3,372	31.14	6.10	$20,556
Feb 2003	0	2,500	33.48	7.93	$19,815
Jan 2003	0	1,626	30.31	5.58	$9,076
Dec 2002	186	3,588	26.91	4.85	$22,421
Nov 2002	189	3,504	24.66	4.14	$19,157
Oct 2002	0	4,010	26.46	4.23	$16,959
Sep 2002	188	3,911	27.44	3.64	$19,376
Aug 2002	0	4,034	25.96	3.16	$12,764
Jul 2002	1	3,256	24.58	3.06	$9,994
Jun 2002	1	3,355	23.73	3.34	$11,224
May 2002	0	1,086	24.66	3.58	$3,892
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	142	0	16.93	2.36	$2,404
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	150	19.78	2.53	$379
Sep 2001	0	3,606	24.26	2.25	$8,118
Aug 2001	189	3,836	24.87	3.05	$16,412
Jul 2001	0	4,209	23.93	3.20	$13,457
Jun 2001	1	3,079	24.56	3.82	$11,799
May 2001	193	3,316	25.52	4.31	$19,208
Apr 2001	0	3,064	24.68	5.34	$16,347
Mar 2001	0	3,753	24.54	5.38	$20,178
Feb 2001	0	3,522	27.75	5.77	$20,312
Jan 2001	0	273	27.47	8.40	$2,293
Dec 2000	0	1,482	26.88	9.12	$13,520
Nov 2000	189	3,557	32.21	5.66	$26,213
Oct 2000	1	4,172	31.23	5.15	$21,498
Sep 2000	0	3,437	31.87	5.19	$17,826
Aug 2000	181	962	29.64	4.54	$9,733
Jul 2000	0	4,160	28.53	4.09	$17,013
Jun 2000	0	4,146	29.30	4.40	$18,231
May 2000	182	4,364	27.26	3.68	$21,020
Apr 2000	0	4,630	24.51	3.12	$14,427
Mar 2000	0	3,517	28.42	2.86	$10,058
Feb 2000	187	4,542	27.62	2.73	$17,549
Jan 2000	0	4,589	25.27	2.48	$11,383
Dec 1999	0	3,823	24.28	2.42	$9,266
Nov 1999	188	5,038	23.19	2.43	$16,622
Oct 1999	0	3,718	20.98	2.80	$10,424
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	971	19.26	2.88	$2,792
Jul 1999	0	4,739	17.89	2.37	$11,243
Jun 1999	184	3,339	15.94	2.36	$10,820
May 1999	0	3,456	15.79	2.32	$8,021
Apr 1999	0	3,875	15.10	2.21	$8,556
Mar 1999	180	4,321	12.47	1.84	$10,188
Feb 1999	0	4,097	9.98	1.82	$7,447
Jan 1999	0	3,694	10.38	1.90	$7,018
Dec 1998	0	54	9.20	1.77	$96
Nov 1998	180	2,792	10.89	2.19	$8,063
Oct 1998	0	4,760	12.42	1.97	$9,373
Sep 1998	0	3,210	12.59	2.08	$6,685
Aug 1998	0	3,287	11.30	1.91	$6,269
Jul 1998	176	3,469	11.74	2.24	$9,827
Jun 1998	0	1,464	11.24	2.24	$3,275
May 1998	0	3,473	12.62	2.21	$7,663
Apr 1998	0	4,171	13.04	2.51	$10,450
Mar 1998	192	5,158	12.80	2.31	$14,370
Feb 1998	0	4,417	13.95	2.30	$10,155
Jan 1998	194	4,403	14.70	2.15	$12,339
Dec 1997	0	4,549	16.32	2.41	$10,968
Nov 1997	190	4,638	18.19	3.09	$17,779
Oct 1997	0	5,089	19.25	3.15	$16,029
Sep 1997	0	5,082	17.74	2.95	$15,017
Aug 1997	189	5,129	17.86	2.55	$16,479
Jul 1997	0	3,053	17.58	2.25	$6,860
Jun 1997	0	3,340	17.24	2.26	$7,539
May 1997	0	3,976	18.97	2.31	$9,179
Apr 1997	182	4,133	17.88	2.08	$11,862
Mar 1997	0	3,579	18.95	1.94	$6,940
Feb 1997	0	5,725	20.49	2.21	$12,629
Jan 1997	190	4,440	23.48	3.54	$20,177
Dec 1996	0	4,262	23.32	—	$0
Nov 1996	190	6,803	21.97	—	$4,174
Oct 1996	191	8,576	23.31	—	$4,452
Sep 1996	0	6,359	22.22	—	$0
Aug 1996	0	5,508	20.26	—	$0
Jul 1996	171	7,392	19.55	—	$3,343
Jun 1996	0	8,426	18.73	—	$0
May 1996	184	7,939	19.43	—	$3,575
Apr 1996	0	5,860	21.51	—	$0
Mar 1996	0	6,690	19.38	—	$0
Feb 1996	0	3,662	16.98	—	$0
Jan 1996	195	5,977	17.07	—	$3,329
Dec 1995	0	4,811	17.19	—	$0
Nov 1995	208	4,756	16.00	—	$3,328
Oct 1995	0	3,447	15.43	—	$0
Sep 1995	188	4,656	16.18	—	$3,042
Aug 1995	0	6,995	15.92	—	$0
Jul 1995	195	8,529	15.24	—	$2,972
Jun 1995	0	11,317	16.41	—	$0
May 1995	0	9,031	17.56	—	$0
Apr 1995	193	6,732	17.73	—	$3,422
Mar 1995	192	10,424	16.44	—	$3,156
Feb 1995	0	8,609	16.58	—	$0
Jan 1995	172	9,452	15.92	—	$2,738
Dec 1994	193	4,206	15.03	—	$2,901
Nov 1994	0	485	15.90	—	$0
Oct 1994	0	852	15.58	—	$0
Sep 1994	0	167	15.29	—	$0
Aug 1994	181	8,648	16.13	—	$2,920
Jul 1994	0	5,557	17.56	—	$0
Jun 1994	0	8,614	17.09	—	$0
May 1994	0	6,428	15.88	—	$0
Apr 1994	190	5,037	14.14	—	$2,687
Mar 1994	0	7,046	12.46	—	$0
Feb 1994	0	1,175	12.50	—	$0
Jan 1994	0	5,272	12.66	—	$0
Dec 1993	0	7,501	12.33	—	$0
Nov 1993	193	7,542	14.49	—	$2,797
Oct 1993	0	9,946	15.85	—	$0
Sep 1993	190	8,337	15.03	—	$2,856
Aug 1993	187	9,750	15.66	—	$2,928
Jul 1993	0	6,003	15.46	—	$0
Jun 1993	0	9,596	16.79	—	$0
May 1993	0	5,892	17.68	—	$0
Apr 1993	191	9,297	18.05	—	$3,448
Mar 1993	188	13,032	18.14	—	$3,410
Feb 1993	202	11,694	17.90	—	$3,616
Jan 1993	180	13,636	16.93	—	$3,047

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.

Jul 2013 — as filed, then multipliedworked

Condensate           159 bbl  × $102.52 =    $16,301
Gas                    2 Mcf  × $  3.72 =         $7

────────────────────────────────────────────────────
Month total                                  $16,308

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. 06/G/108942 is the state's own key, not one this site invented.