ADAMS, PAT

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

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 29457District 06Field 07527403NGPA filingCondensateGasSave Export

Value, all time

$620 k

Jan 1993 – Nov 2006

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

167

no gaps in the span

Streams

condensate, gas

The BETHANY (PETTIT) 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 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.

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	3,835 bbl	$84,130
Gas	Production	241,584 Mcf	$535,781
Total			$619,910

98,619 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 32.3982, -94.3059. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39815, -94.30587 · 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

6,407 ft

1 wells filed one

Completion to plug

46.1 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 6,407 ft.

Completions filed

Apr 1960

1 of 1 wells

Plug dates filed

May 2006

1 of 1 wells

Last completion to plug: a median of 46.1 years across the 1 well that filed both dates, with the middle half between 46.1 years and 46.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-20301889	1	6,407 ft	Apr 1960	May 2006	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 (167)

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

167 months


Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	77	0	54.94	13.42	$4,230
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	181	58.34	13.80	$2,497
Sep 2005	0	822	61.45	12.08	$9,929
Aug 2005	0	981	61.51	9.80	$9,611
Jul 2005	0	1,017	55.69	7.84	$7,977
Jun 2005	0	930	52.33	7.38	$6,864
May 2005	0	938	45.22	6.65	$6,239
Apr 2005	111	927	49.20	7.36	$12,284
Mar 2005	0	1,079	50.37	7.15	$7,720
Feb 2005	0	899	45.22	6.31	$5,674
Jan 2005	0	953	43.16	6.32	$6,025
Dec 2004	98	1,005	39.86	6.75	$10,691
Nov 2004	0	700	45.28	6.33	$4,431
Oct 2004	0	946	49.70	6.52	$6,163
Sep 2004	0	1,040	43.24	5.28	$5,495
Aug 2004	0	910	42.37	5.55	$5,051
Jul 2004	0	767	38.28	6.08	$4,667
Jun 2004	0	1,013	36.10	6.43	$6,517
May 2004	110	925	37.48	6.49	$10,130
Apr 2004	0	868	34.47	5.86	$5,085
Mar 2004	0	1,064	34.36	5.53	$5,884
Feb 2004	0	951	32.45	5.51	$5,240
Jan 2004	107	750	32.03	6.30	$8,152
Dec 2003	0	1,094	30.26	6.30	$6,894
Nov 2003	0	1,054	28.80	4.60	$4,843
Oct 2003	0	821	28.17	4.76	$3,908
Sep 2003	0	912	26.31	4.75	$4,331
Aug 2003	0	1,004	29.76	5.13	$5,150
Jul 2003	0	953	29.41	5.17	$4,928
Jun 2003	0	925	28.56	5.98	$5,534
May 2003	113	764	26.59	5.97	$7,568
Apr 2003	0	554	26.67	5.41	$2,996
Mar 2003	0	723	31.14	6.10	$4,407
Feb 2003	0	707	33.48	7.93	$5,604
Jan 2003	0	1,110	30.31	5.58	$6,196
Dec 2002	121	1,018	26.91	4.85	$8,197
Nov 2002	0	1,075	24.66	4.14	$4,447
Oct 2002	0	1,270	26.46	4.23	$5,371
Sep 2002	0	1,212	27.44	3.64	$4,406
Aug 2002	0	1,110	25.96	3.16	$3,512
Jul 2002	0	1,136	24.58	3.06	$3,478
Jun 2002	0	1,335	23.73	3.34	$4,457
May 2002	99	1,316	24.66	3.58	$7,158
Apr 2002	0	1,347	23.65	3.51	$4,731
Mar 2002	0	973	22.00	3.10	$3,019
Feb 2002	0	1,227	18.22	2.38	$2,915
Jan 2002	0	1,231	17.17	2.38	$2,924
Dec 2001	95	1,270	16.93	2.36	$4,611
Nov 2001	0	1,209	18.07	2.41	$2,908
Oct 2001	0	1,206	19.78	2.53	$3,050
Sep 2001	0	1,313	24.26	2.25	$2,956
Aug 2001	0	1,394	24.87	3.05	$4,256
Jul 2001	112	1,364	23.93	3.20	$7,041
Jun 2001	0	1,184	24.56	3.82	$4,528
May 2001	0	1,266	25.52	4.31	$5,453
Apr 2001	0	1,305	24.68	5.34	$6,963
Mar 2001	0	1,339	24.54	5.38	$7,199
Feb 2001	119	1,285	27.75	5.77	$10,713
Jan 2001	0	1,282	27.47	8.40	$10,767
Dec 2000	0	1,239	26.88	9.12	$11,303
Nov 2000	0	1,380	32.21	5.66	$7,808
Oct 2000	0	1,423	31.23	5.15	$7,322
Sep 2000	113	1,400	31.87	5.19	$10,862
Aug 2000	0	1,412	29.64	4.54	$6,412
Jul 2000	0	1,481	28.53	4.09	$6,057
Jun 2000	0	1,485	29.30	4.40	$6,530
May 2000	0	1,473	27.26	3.68	$5,420
Apr 2000	0	1,241	24.51	3.12	$3,867
Mar 2000	125	1,542	28.42	2.86	$7,962
Feb 2000	0	1,400	27.62	2.73	$3,817
Jan 2000	0	1,253	25.27	2.48	$3,108
Dec 1999	0	1,496	24.28	2.42	$3,626
Nov 1999	114	1,505	23.19	2.43	$6,307
Oct 1999	0	1,870	20.98	2.80	$5,243
Sep 1999	0	1,565	21.75	2.62	$4,099
Aug 1999	0	1,416	19.26	2.88	$4,072
Jul 1999	0	1,315	17.89	2.37	$3,120
Jun 1999	0	1,239	15.94	2.36	$2,927
May 1999	118	1,543	15.79	2.32	$5,445
Apr 1999	0	1,443	15.10	2.21	$3,186
Mar 1999	0	1,297	12.47	1.84	$2,384
Feb 1999	0	1,475	9.98	1.82	$2,681
Jan 1999	125	1,869	10.38	1.90	$4,849
Dec 1998	0	1,967	9.20	1.77	$3,488
Nov 1998	0	1,712	10.89	2.19	$3,742
Oct 1998	0	1,557	12.42	1.97	$3,066
Sep 1998	118	1,611	12.59	2.08	$4,841
Aug 1998	0	1,702	11.30	1.91	$3,246
Jul 1998	0	1,613	11.74	2.24	$3,609
Jun 1998	0	1,822	11.24	2.24	$4,076
May 1998	0	2,075	12.62	2.21	$4,578
Apr 1998	114	1,964	13.04	2.51	$6,407
Mar 1998	0	1,980	12.80	2.31	$4,573
Feb 1998	0	2,065	13.95	2.30	$4,748
Jan 1998	121	2,168	14.70	2.15	$6,450
Dec 1997	0	2,106	16.32	2.41	$5,078
Nov 1997	0	1,536	18.19	3.09	$4,744
Oct 1997	0	1,544	19.25	3.15	$4,863
Sep 1997	0	2,112	17.74	2.95	$6,241
Aug 1997	0	2,310	17.86	2.55	$5,901
Jul 1997	0	1,895	17.58	2.25	$4,258
Jun 1997	115	2,384	17.24	2.26	$7,364
May 1997	0	2,768	18.97	2.31	$6,390
Apr 1997	0	2,274	17.88	2.08	$4,736
Mar 1997	0	2,469	18.95	1.94	$4,788
Feb 1997	108	2,243	20.49	2.21	$7,161
Jan 1997	0	2,372	23.48	3.54	$8,396
Dec 1996	0	2,270	23.32	—	$0
Nov 1996	0	2,115	21.97	—	$0
Oct 1996	97	2,298	23.31	—	$2,261
Sep 1996	0	2,262	22.22	—	$0
Aug 1996	0	2,186	20.26	—	$0
Jul 1996	0	2,216	19.55	—	$0
Jun 1996	0	2,364	18.73	—	$0
May 1996	120	2,212	19.43	—	$2,332
Apr 1996	0	2,223	21.51	—	$0
Mar 1996	0	2,283	19.38	—	$0
Feb 1996	128	2,121	16.98	—	$2,173
Jan 1996	0	2,353	17.07	—	$0
Dec 1995	0	2,588	17.19	—	$0
Nov 1995	0	2,419	16.00	—	$0
Oct 1995	126	2,285	15.43	—	$1,944
Sep 1995	0	1,989	16.18	—	$0
Aug 1995	0	2,071	15.92	—	$0
Jul 1995	0	1,867	15.24	—	$0
Jun 1995	0	1,779	16.41	—	$0
May 1995	112	1,947	17.56	—	$1,967
Apr 1995	0	1,960	17.73	—	$0
Mar 1995	0	2,053	16.44	—	$0
Feb 1995	120	1,492	16.58	—	$1,990
Jan 1995	0	1,925	15.92	—	$0
Dec 1994	0	2,066	15.03	—	$0
Nov 1994	129	2,051	15.90	—	$2,051
Oct 1994	0	2,101	15.58	—	$0
Sep 1994	0	1,944	15.29	—	$0
Aug 1994	0	2,137	16.13	—	$0
Jul 1994	0	2,163	17.56	—	$0
Jun 1994	113	2,140	17.09	—	$1,931
May 1994	0	2,148	15.88	—	$0
Apr 1994	0	2,065	14.14	—	$0
Mar 1994	124	2,237	12.46	—	$1,545
Feb 1994	0	1,954	12.50	—	$0
Jan 1994	0	2,122	12.66	—	$0
Dec 1993	127	1,781	12.33	—	$1,566
Nov 1993	0	1,638	14.49	—	$0
Oct 1993	0	1,853	15.85	—	$0
Sep 1993	0	1,948	15.03	—	$0
Aug 1993	123	1,929	15.66	—	$1,926
Jul 1993	0	1,513	15.46	—	$0
Jun 1993	0	1,917	16.79	—	$0
May 1993	0	1,573	17.68	—	$0
Apr 1993	0	1,976	18.05	—	$0
Mar 1993	0	2,125	18.14	—	$0
Feb 1993	0	1,910	17.90	—	$0
Jan 1993	183	2,050	16.93	—	$3,098

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.

Dec 2005 — as filed, then multipliedworked

Condensate            77 bbl  × $ 54.94 =     $4,230
Gas                    0 Mcf  × $ 13.42 =         $0

────────────────────────────────────────────────────
Month total                                   $4,230

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/29457 is the state's own key, not one this site invented.