ODEN, MAUDE

Operated by FAULCONER, VERNON E., INC. (P-5 263701) in the BETHANY (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 29384District 06Field 07527403NGPA filingGasSaveExport
Value, all time
$632 k
Jan 1993 – Jun 2012
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
234
no gaps in the span
Streams
1
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 191 leases and 191 wells, and the rule below applies to all of them.

Discovered
1938-10-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: CONDUCTED DURING THE MONTHS OF APRIL, MAY OR JUNE, DUE JULY,

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
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
GasProduction181,320 Mcf$631,854
Total$631,854

56,421 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 32.2289, -94.0487. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.22892, -94.04872 · 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
6,724 ft
1 wells filed one
Completion to plug
57.6 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 6,724 ft.

Completions filed
Nov 1954
1 of 1 wells
Plug dates filed
Jun 2012
1 of 1 wells

Last completion to plug: a median of 57.6 years across the 1 well that filed both dates, with the middle half between 57.6 years and 57.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3650108116,724 ftNov 1954Jun 2012Yes

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 (234)

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

234 months

Jun 2012779.822.52$18
May 201217291.612.49$428
Apr 201242101.652.00$84
Mar 2012102105.052.22$227
Feb 2012163101.102.57$419
Jan 201218598.092.73$506
Dec 201114096.873.24$454
Nov 201117195.723.31$566
Oct 201122184.983.65$806
Sep 201115983.623.99$634
Aug 201115083.404.15$622
Jul 201129694.144.52$1,337
Jun 20114292.904.64$195
May 201131798.134.40$1,396
Apr 2011372105.964.33$1,612
Mar 201154796.364.06$2,219
Feb 201154285.644.18$2,266
Jan 201148186.504.59$2,207
Dec 201065685.734.35$2,852
Nov 201071280.843.80$2,702
Oct 201069878.103.51$2,449
Sep 201081972.633.98$3,259
Aug 20101,55573.684.42$6,872
Jul 20101,47772.554.74$6,996
Jun 20101,33270.364.91$6,541
May 20101,12171.124.24$4,748
Apr 201095881.694.12$3,950
Mar 201089278.394.39$3,915
Feb 201083273.585.44$4,528
Jan 201088674.365.96$5,284
Dec 2009071.445.48$0
Nov 200941674.593.75$1,561
Oct 200974072.544.11$3,042
Sep 200982265.543.06$2,519
Aug 200984767.423.22$2,726
Jul 200983461.133.46$2,889
Jun 200974466.163.90$2,898
May 200974454.743.93$2,921
Apr 200985246.773.59$3,057
Mar 200969642.144.06$2,825
Feb 200917432.814.63$806
Jan 200969735.865.37$3,744
Dec 200868637.105.98$4,100
Nov 200866855.496.86$4,583
Oct 200889175.246.92$6,167
Sep 2008634101.767.88$4,994
Aug 2008625114.228.48$5,302
Jul 2008890131.0811.39$10,137
Jun 2008925131.3313.03$12,055
May 20081,093123.1711.57$12,651
Apr 20081,013110.3110.45$10,591
Mar 2008925101.909.66$8,939
Feb 200878592.538.77$6,885
Jan 200891590.388.21$7,508
Dec 20072,30188.337.30$16,802
Nov 20072,61191.677.29$19,039
Oct 20071,66482.856.92$11,518
Sep 20071,51575.846.24$9,460
Aug 20071,96769.066.39$12,565
Jul 20071,41870.906.39$9,058
Jun 20071,43762.007.55$10,847
May 20071,67258.747.85$13,119
Apr 20071,77959.617.81$13,885
Mar 20071,87056.927.30$13,655
Feb 200798855.108.22$8,117
Jan 200724250.306.73$1,628
Dec 200621756.656.92$1,501
Nov 200641254.207.62$3,138
Oct 200646054.906.01$2,766
Sep 200645260.085.04$2,277
Aug 200641368.717.34$3,031
Jul 200642869.376.34$2,715
Jun 200613866.286.38$881
May 20064066.016.42$257
Apr 200647964.397.36$3,526
Mar 200648956.707.08$3,464
Feb 200640157.597.75$3,108
Jan 200635660.598.93$3,180
Dec 200550854.9413.42$6,815
Nov 200553154.6910.59$5,622
Oct 200562258.3413.80$8,581
Sep 200544561.4512.08$5,375
Aug 200514461.519.80$1,411
Jul 200518255.697.84$1,428
Jun 20053552.337.38$258
May 200549345.226.65$3,279
Apr 200548849.207.36$3,592
Mar 200556350.377.15$4,028
Feb 200550445.226.31$3,181
Jan 200540043.166.32$2,529
Dec 200427539.866.75$1,857
Nov 200431345.286.33$1,981
Oct 200431549.706.52$2,052
Sep 200430243.245.28$1,596
Aug 200432242.375.55$1,787
Jul 200432338.286.08$1,965
Jun 200421036.106.43$1,351
May 200436737.486.49$2,384
Apr 200432434.475.86$1,898
Mar 200414234.365.53$785
Feb 20042932.455.51$160
Jan 20045832.036.30$365
Dec 200311830.266.30$744
Nov 200319628.804.60$901
Oct 200328928.174.76$1,376
Sep 200336626.314.75$1,738
Aug 200352329.765.13$2,683
Jul 200350829.415.17$2,627
Jun 200354628.565.98$3,267
May 200365226.595.97$3,894
Apr 200366726.675.41$3,607
Mar 200366431.146.10$4,048
Feb 200358033.487.93$4,597
Jan 200359830.315.58$3,338
Dec 200243226.914.85$2,097
Nov 200255024.664.14$2,275
Oct 200253826.464.23$2,275
Sep 200261227.443.64$2,225
Aug 200259325.963.16$1,876
Jul 200244224.583.06$1,353
Jun 200234623.733.34$1,155
May 200214424.663.58$516
Apr 200221723.653.51$762
Mar 200236422.003.10$1,129
Feb 200223318.222.38$554
Jan 20022817.172.38$67
Dec 20014216.932.36$99
Nov 20016518.072.41$156
Oct 2001019.782.53$0
Sep 20019324.262.25$209
Aug 2001024.873.05$0
Jul 20019623.933.20$307
Jun 2001024.563.82$0
May 200118825.524.31$810
Apr 20011,63124.685.34$8,702
Mar 200190224.545.38$4,850
Feb 200190127.755.77$5,196
Jan 200199127.478.40$8,323
Dec 200088926.889.12$8,110
Nov 200089632.215.66$5,070
Oct 20001,00631.235.15$5,176
Sep 200087031.875.19$4,512
Aug 200090029.644.54$4,087
Jul 200092028.534.09$3,763
Jun 200098829.304.40$4,344
May 20001,03027.263.68$3,790
Apr 200096424.513.12$3,004
Mar 20001,04228.422.86$2,980
Feb 200098227.622.73$2,677
Jan 200099525.272.48$2,468
Dec 199993924.282.42$2,276
Nov 199989123.192.43$2,169
Oct 199998220.982.80$2,753
Sep 199990021.752.62$2,357
Aug 199982819.262.88$2,381
Jul 199978517.892.37$1,862
Jun 19991,21315.942.36$2,865
May 199946615.792.32$1,082
Apr 199940915.102.21$903
Mar 199948612.471.84$893
Feb 19991,2119.981.82$2,201
Jan 19991,57210.381.90$2,987
Dec 19981,4129.201.77$2,504
Nov 199895710.892.19$2,092
Oct 19981,63512.421.97$3,220
Sep 199899612.592.08$2,074
Aug 19981,01011.301.91$1,926
Jul 19981,11211.742.24$2,488
Jun 199895311.242.24$2,132
May 199891512.622.21$2,019
Apr 19981,02913.042.51$2,578
Mar 19981,11312.802.31$2,570
Feb 199897413.952.30$2,239
Jan 199889114.702.15$1,920
Dec 199793316.322.41$2,250
Nov 19971,42918.193.09$4,413
Oct 19971,17919.253.15$3,714
Sep 199790517.742.95$2,674
Aug 19971,14517.862.55$2,925
Jul 199774117.582.25$1,665
Jun 199714817.242.26$334
May 199750318.972.31$1,161
Apr 199759617.882.08$1,241
Mar 199758918.951.94$1,142
Feb 199757420.492.21$1,266
Jan 199757423.483.54$2,032
Dec 199688123.32$0
Nov 19961,09721.97$0
Oct 19961,13023.31$0
Sep 19961,06122.22$0
Aug 19961,17620.26$0
Jul 19961,22019.55$0
Jun 19961,14918.73$0
May 19961,25319.43$0
Apr 19961,04421.51$0
Mar 19961,25519.38$0
Feb 19961,01516.98$0
Jan 19961,28117.07$0
Dec 19951,31317.19$0
Nov 19951,29016.00$0
Oct 19951,35815.43$0
Sep 19951,36616.18$0
Aug 19951,35315.92$0
Jul 19951,21515.24$0
Jun 19951,47416.41$0
May 19951,11117.56$0
Apr 199546317.73$0
Mar 199512216.44$0
Feb 199519116.58$0
Jan 199527315.92$0
Dec 199433115.03$0
Nov 199439015.90$0
Oct 199453915.58$0
Sep 199487415.29$0
Aug 19941,03816.13$0
Jul 199494417.56$0
Jun 19941,05417.09$0
May 19941,05415.88$0
Apr 19942,49514.14$0
Mar 199488012.46$0
Feb 19941,00312.50$0
Jan 19941,17912.66$0
Dec 19931,19612.33$0
Nov 19931,25314.49$0
Oct 19931,61315.85$0
Sep 19931,58215.03$0
Aug 19931,60915.66$0
Jul 19931,66315.46$0
Jun 19932,05316.79$0
May 19931,91917.68$0
Apr 19931,21518.05$0
Mar 19931,83118.14$0
Feb 19931,62017.90$0
Jan 19931,99516.93$0

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.

Jun 2012 — as filed, then multipliedworked
Gas                    7 Mcf  × $  2.52 =        $18

────────────────────────────────────────────────────
Month total                                      $18

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/29384 is the state's own key, not one this site invented.