FROST LUMBER INC. UNIT 5

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

Gas lease lease 30056District 06Field 16032650CondensateGasSaveExport
Value, all time
$950 k
Jan 1993 – May 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
293
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 588 leases and 588 wells, and the rule below applies to all of them.

Discovered
1942-04-03
as the register files it
Field class
Gas
the register's own label
Between wells
3,960 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: EFFECTIVE JUNE.

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
CondensateDisposition1,150 bbl$73,636
GasProduction165,389 Mcf$876,609
Total$950,245

39,233 Mcf of this lease's gas, across 27 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 32.1574, -94.1923. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15744, -94.19231 · 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
6,250 ft
1 wells filed one
Completion to plug
70.8 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 6,250 ft.

Completions filed
Aug 1946
1 of 1 wells
Plug dates filed
May 2017
1 of 1 wells

Last completion to plug: a median of 70.8 years across the 1 well that filed both dates, with the middle half between 70.8 years and 70.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-365012041 T6,250 ftAug 1946May 2017Yes

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 (293)

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

293 months

May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200993074.593.75$6,937
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090542.144.06$20
Feb 2009042432.814.63$1,964
Jan 200901,22435.865.37$6,574
Dec 2008052637.105.98$3,144
Nov 200801,28055.496.86$8,781
Oct 200801,31275.246.92$9,082
Sep 20081581,244101.767.88$25,877
Aug 200801,280114.228.48$10,858
Jul 200801,204131.0811.39$13,713
Jun 200801,445131.3313.03$18,832
May 200801,524123.1711.57$17,639
Apr 200801,420110.3110.45$14,846
Mar 200801,398101.909.66$13,510
Feb 200801,13092.538.77$9,911
Jan 20081571,47190.388.21$26,260
Dec 200701,31088.337.30$9,566
Nov 200701,66791.677.29$12,155
Oct 200701,77582.856.92$12,287
Sep 200701,74475.846.24$10,890
Aug 20072071,79669.066.39$25,768
Jul 200701,97470.906.39$12,610
Jun 200701,49262.007.55$11,262
May 200701,44358.747.85$11,322
Apr 200701,80959.617.81$14,120
Mar 200701,36856.927.30$9,989
Feb 200701,23055.108.22$10,106
Jan 200701,73850.306.73$11,691
Dec 200601,70556.656.92$11,796
Nov 200601,78754.207.62$13,612
Oct 200601,40454.906.01$8,443
Sep 200601,15360.085.04$5,808
Aug 2006081268.717.34$5,960
Jul 200601,72169.376.34$10,916
Jun 200601,32666.286.38$8,465
May 200601,51366.016.42$9,721
Apr 200601,68164.397.36$12,373
Mar 200601,68856.707.08$11,956
Feb 200602,16457.597.75$16,773
Jan 20062012,56760.598.93$35,110
Dec 200501,25154.9413.42$16,783
Nov 200502,02154.6910.59$21,399
Oct 200501,23358.3413.80$17,010
Sep 200501,76961.4512.08$21,368
Aug 200502,58961.519.80$25,364
Jul 200502,11555.697.84$16,589
Jun 200502,35752.337.38$17,397
May 200502,39945.226.65$15,956
Apr 200502,44949.207.36$18,026
Mar 200502,13950.377.15$15,304
Feb 200502,31845.226.31$14,631
Jan 200501,79043.166.32$11,317
Dec 20042101,95039.866.75$21,535
Nov 200403,30345.286.33$20,909
Oct 200401,78749.706.52$11,642
Sep 200402,70443.245.28$14,288
Aug 200403,25142.375.55$18,045
Jul 200402,17838.286.08$13,251
Jun 200402,45836.106.43$15,812
May 200402,46737.486.49$16,022
Apr 200402,89034.475.86$16,931
Mar 200402,70734.365.53$14,970
Feb 200403,03532.455.51$16,722
Jan 200402,26432.036.30$14,262
Dec 20030030.266.30$0
Nov 2003019428.804.60$891
Oct 2003054228.174.76$2,580
Sep 2003049326.314.75$2,341
Aug 2003035029.765.13$1,795
Jul 2003035429.415.17$1,830
Jun 20030028.565.98$0
May 2003023326.595.97$1,392
Apr 2003025826.675.41$1,395
Mar 2003032331.146.10$1,969
Feb 2003021033.487.93$1,664
Jan 2003029830.315.58$1,663
Dec 2002024526.914.85$1,189
Nov 2002053824.664.14$2,226
Oct 2002063426.464.23$2,681
Sep 2002034627.443.64$1,258
Aug 2002065425.963.16$2,069
Jul 2002028024.583.06$857
Jun 2002053323.733.34$1,779
May 2002064824.663.58$2,322
Apr 2002086223.653.51$3,028
Mar 200201,27422.003.10$3,953
Feb 200201,30818.222.38$3,107
Jan 200201,60317.172.38$3,808
Dec 200101,39416.932.36$3,296
Nov 200101,40418.072.41$3,377
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998124012.802.31$1,587
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 1995060016.44$0
Feb 199501,04916.58$0
Jan 1995078715.92$0
Dec 1994084215.03$0
Nov 1994083015.90$0
Oct 1994090815.58$0
Sep 1994099615.29$0
Aug 1994095916.13$0
Jul 1994090617.56$0
Jun 1994083817.09$0
May 199401,12415.88$0
Apr 199401,07014.14$0
Mar 1994080212.46$0
Feb 199401,00312.50$0
Jan 1994094912.66$0
Dec 199301,07112.33$0
Nov 199301,04014.49$0
Oct 199301,10615.85$0
Sep 199301,07315.03$0
Aug 199301,23015.66$0
Jul 199302,80815.46$0
Jun 199303,30216.79$0
May 199303,01717.68$0
Apr 199302,68618.05$0
Mar 199302,80718.14$0
Feb 199302,76817.90$0
Jan 199302,66216.93$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.

Nov 2009 — as filed, then multipliedworked
Condensate            93 bbl  × $ 74.59 =     $6,937
Gas                    0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                   $6,937

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/30056 is the state's own key, not one this site invented.